Stock Market Today: Sensex, Nifty End Lower After Two Weeks, FPIs Turn Net Buyers
- Author: Rishabh Mishra
- Markets
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Oct 20, 2023 18:52 pm IST
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Published On Oct 20, 2023 18:52 pm IST
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Last Updated On Oct 20, 2023 18:52 pm IST
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Gets RBI nod for acquiring 100% stake in Sonata Finance for Rs 537 crore.
Post acquisition, Sonata Finance will become a wholly-owned subsidiary of the bank.
Source: Exchange filing
Announces successful completion of $3.5 billion refinancing program for acquisition debt taken for Ambuja and ACC.
Re-financing program concluded with clutch of international banks with debt maturity of up to 3 years.
Transaction marks the strong underlying performance of business in Ambuja and ACC.
Source: Media Release
Revenue up 16.9% at Rs 595.3 crore vs Rs 509.29 crore
Ebitda up 16.1% at Rs 166.6 crore vs Rs 143.49 crore
Margin at 27.9% vs 28.2%
Net profit up 11% at Rs 118.7 crore vs Rs 106.9 crore
Gross NPA at 1.27%, flat QoQ
Net NPA at 0.33% vs 0.32% QoQ
Profit for the period at Rs 133 crore vs Rs 121 crore, up 10% YoY
NII at Rs 344 crore vs Rs 325 crore, 6% YoY
20.8 lakh shares changed hands in a large trade
0.02% equity changed hands at Rs 203.10 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Total income up 212.78% at Rs 974.41 crore vs Rs 311.53 crore.
Net profit up 206.7% at Rs 787.72 crore vs Rs 256.83 crore.
The broader market indices declined; the S&P BSE MidCap Index was down 1.05%, whereas S&P BSE SmallCap Index was also 0.47% lower.
Twelve out of the 20 sectors compiled by BSE declined, while eight sectors advanced. S&P BSE Realty, S&P BSE Oil & Gas and S&P BSE Metal fell the most.
The market breadth was skewed in the favour of the sellers. About 1,482 stocks rose, 2,086 declined, while 154 remained unchanged on the BSE.
Revenue up 24.78% at Rs 484.9 crore vs Rs 388.59 crore
Ebitda up 28.24% at Rs 118.74 crore vs Rs 92.59 crore
Margin at 24.48% vs 23.82%
Net profit up 37.31% at Rs 88.57 crore vs Rs 64.5 crore
Founder group's Bhairavi Shibulal sells 6.68 lakh shares in open market on Oct. 19.
Bhairavi Shibulal's shareholding now stands at 0.16% vs 0.18% earlier.
Source: Exchange filing
In pact with Gujarat Metro Rail Corporation for Ahmedabad Metro Rail Phase-II.
Order worth Rs 350 crore to be delivered in 94 weeks.
Source: Exchange filing
The broader market indices opened mixed; the S&P BSE MidCap Index was down 0.14%, whereas S&P BSE SmallCap Index was also 0.39% higher.
Twelve out of the 20 sectors compiled by BSE declined, while eight sectors advanced. S&P BSE Fast Moving Consumer Goods and S&P BSE Healthcare fell the most.
The market breadth was skewed in the favour of the buyers. About 1,502 stocks rose, 853 declined, while 115 remained unchanged on the BSE.
9.28 crore shares changed hands in a pre-market large trade
1.09% equity changed hands at Rs 111.20 apiece
Buyers and sellers not known immediately
Source: Bloomberg
At pre-open, the S&P BSE Sensex was down 192 points, or 0.29%, at 65,437.19, while the NSE Nifty 50 was 83 points or 0.42% lower at 19,524.15.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.37% on Friday.
Source: Bloomberg
The local currency strengthened 7 paise to open at 83.17 against the U.S dollar on Friday.
It closed at 83.24 on Thursday.
Source: Bloomberg
Arm to expand ethoxylation capacity by 30,000 tonne per year.
Arm to invest Rs 128 crore to expand capacity.
Source: Exchange Filing
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