Stock Market Today: Sensex, Nifty Close At Over One-Week Low, FPIs Turn Net Sellers
Biocon appoints Kedar Upadhye as new CFO of Biocon Biologics effective Oct. 31.
Current CFO MB Chinappa to take on a strategic finance role at Biocon Group effective Oct. 31.
Source: Exchange filing
Bank arm Kotak Alternate Asset Managers acquires 6.12% stake in Nkure Therapeutics Pvt.
Acquisition via conversion of 10 lakh CCDs into 1.29 lakh CCPSs worth Rs 77 apiece.
Source: Exchange filing
Revenue up 19.04% at Rs 981.49 crore vs Rs 824.44 crore
Ebitda up 17.45% at Rs 205.98 crore vs Rs 175.37 crore
Margin at 20.98% vs 21.27%
Net profit up 22.27% at Rs 82.19 crore vs Rs 67.22 crore
11.4 lakh shares changed hands in a large trade
2.2% equity changed hands at Rs 270.25 apiece
Buyers and sellers not known immediately
Source: Bloomberg
49.7 lakh shares changed hands in a large trade
1.68% equity changed hands at Rs 56.25 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Net Profit Rs 274.81 crore vs Rs 223.10 crore, up 23% YoY
NII at Rs 830.58 crore vs Rs 726.37 crore, up 14% YoY
Gross NPA at 4.96% vs 5.13% QoQ
Net NPA at 1.70% vs 1.85% QoQ
Revenue up 191.53% at Rs 1,999.9 crore vs Rs 686 crore
Ebitda up 359.85% at Rs 706.8 crore vs Rs 153.7 crore
Margin at 35.34% vs 22.4%
Net profit at Rs 166.2 crore vs loss of Rs 71.5 crore
Jammu & Kashmir Power Corp gives consent for purchase of 600 MW power.
Rajasthan Urja Vidyut Nigam gives consent for purchase of 500 MW power.
Consent of purchase against total capacity of 1000 MW at a tariff of Rs 2.57 per kWh.
Source: Exchange Filing
Revenue up 16.94% at Rs 473.58 crore vs Rs 404.95 crore
Ebitda up 5.78% at Rs 63.22 crore vs Rs 59.76 crore
Margin at 13.34% vs 14.75%
Net profit down 29.13% at Rs 35.24 crore vs Rs 49.73 crore
In strategic co-lending partnership with Capri Global Housing Finance.
In pact to offer home loans at competitive rates.
Company to take 80% of home loans into its books under mutually agreed terms.
Source: Exchange Filing
Shyam Sel and Power acquires Mittal Corp for Rs 351 crore.
NCLT approves resolution plan submitted for acquisition of Mittal Corp by Shyam Sel and Power.
Alert: Shyam Sel and Power is a wholly owned subsidiary of the Company.
Source: Exchange Filing
The broader market indices were trading mixed; the S&P BSE MidCap Index was down 0.22%, whereas S&P BSE SmallCap Index was also 0.13% higher.
Thirteen the 20 sectors compiled by BSE declined, while seven sectors advanced. S&P BSE Metal fell the most.
The market breadth was split between the buyers and the sellers. About 1,743 stocks rose, 1,825 declined, while 151 remained unchanged on the BSE.
To provide update on clinical programs, R&D pipeline.
Conference call scheduled on Nov. 2 at 4:00 pm.
Source: Exchange Filing
Commissions largest Inter-regional 765 KV Warora-Kurnool Transmission line.
1,756 ckm transmission line traverses Maharashtra, Telangana, and Andhra Pradesh.
Project to strengthen national grid to ensure seamless power flow of 4500 MW between Western region and Southern region.
Source: Exchange Filing
Gets order for 50,000 off-grid solar photovoltaic water pumping systems from Maharashtra government.
Order worth Rs 1,603 crore to be executed over 24 months.
Source: Exchange Filing
16.8 lakh shares changed hands in a large trade
0.08% equity changed hands at Rs 79.20 apiece
Buyers and sellers not known immediately
Source: Bloomberg
The broader market indices opened lower; the S&P BSE MidCap Index was down 0.64%, whereas S&P BSE SmallCap Index was also 0.38% lower.
All the 20 sectors compiled by BSE declined. S&P BSE BMetal, S&P BSE Realty, S&P BSE Utilities and S&P BSE Power fell the most.
The market breadth was skewed in the favour of the sellers. About 927 stocks rose, 1,356 declined, while 104 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex was down 392 points, or 0.60%, at 65,484.84, while the NSE Nifty 50 was 126 points or 0.64% lower at 19,545.20.
Source: Bloomberg
The yield on the 10-year bond opened 3 bps higher at 7.38% on Thursday.
It closed at 7.35% on Wednesday.
Source: Bloomberg
The local currency strengthened 3 paise to open at 83.24 against the U.S dollar on Thursday.
It closed at 83.27 against the U.S. dollar on Wednesday.
Source: Bloomberg
Revenue up 2.48% at Rs 2,276.2 crore vs Rs 2,221 crore
Ebit up 14.5% at Rs 263.7 crore vs Rs 230.3 crore
Margin at 11.58% vs 10.36%
Net profit up 6.94% at Rs 187.9 crore vs Rs 175.7 crore
Board has declared second interim dividend of Rs 19 per share
Maintains annual growth guidance for FY24
Revenue in constant currency terms up 2.3% QoQ, Dollar revenue at $278.1 million
LTM attrition at 13%, down 340 bps YoY
Headcount at the end of Q2 at 24,638
Q2 order intake at $313 million; signed three large deals
Order book executable over next 12 months stood at $935 million at the end of Q2
Maintains FY24 annual revenue growth guidance of 13% to 16% in constant currency terms
Asia Stocks Slide, Australian Bonds Join Selloff: Markets Wrap
Adani Ports To Handle 400 MTPA Of Cargo In FY24, Says CEO Subrata Tripathi
GPT Infraproject Bags Largest Single Order Of Rs 739 Crore
Orient Cement Issues Clarification Amid Reports On Stake Sale To Adani
HUDCO OFS: Government To Exercise Green Shoe Option For Additional 3.5% Stake
IRM Energy IPO Subscribed 1.72 Times On Day One
Power Mech Projects Sets QIP Floor Price At Rs 4,085.44 Per Share
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