Revenue up 35.2% at Rs 5466 crore vs Rs 4044 crore
Ebitda up 142.7% at Rs 804 crore vs Rs 331 crore
Margin at 14.71% vs 8.19%
Reported PAT at Rs 356 crore vs Rs 21 crore
NII up 23% at Rs 5740.19 crore vs Rs 4683.97 crore YoY
Net profit up 62% at Rs 1987.76 crore vs Rs 1225.22 crore
Gross NPA 4.97% vs 5.47% QoQ
Net NPA at 0.60% vs 0.70% QoQ
Revenue up 7.39% at Rs 614.73 crore vs Rs 572.42 crore
Ebitda up 2.38% at Rs 98.21 crore vs Rs 95.92 crore
Margin at 15.97% vs 16.75%
Recorded profit for the period down 29.05% at Rs 22.37 crore vs Rs 31.53 crore
To buy back 15.18% stake at Rs 850 per share.
Buyback to happen via tender offer for an aggregate amount of Rs 125 crore.
Buyback price is at a premium of 26.27% to the stock's previous close of Rs 673.15.
Source: Exchange filing
Revenue up 0.45% at Rs 286.82 crore vs Rs 285.51 crore
Ebit up 0.6% at Rs 125.52 crore vs Rs 124.76 crore
Margin at 43.76% vs 43.69%
Reported loss for the period at Rs 310.23 crore vs loss of Rs 301.18 crore
Revenue up 8.85% at Rs 586.04 crore vs Rs 538.38 crore
Ebitda up 73.31% at Rs 151.67 crore vs Rs 87.51 crore
Margin at 25.88% vs 16.25%
Reported profit for the period up 105.53% at Rs 100.26 crore vs Rs 48.78 crore
Revenue down 13.08% at Rs 242.18 crore vs Rs 278.6 crore
Ebitda up 13.93% at Rs 35.4 crore vs Rs 31.07 crore
Margin at 14.61% vs 11.15%
Reported profit for the period up 3.07% at Rs 18.12 crore vs Rs 17.58 crore
Revenue up 4.86% at Rs 1,133.72 crore vs Rs 1,081.09 crore
Ebitda up 6.21% at Rs 124.43 crore vs Rs 117.15 crore
Margin at 10.97% vs 10.83%
Reported profit for the period down 4.21% at Rs 52.3 crore vs Rs 54.6 crore
Revenue up 21.36% at Rs 3,925.98 crore vs Rs 3,234.88 crore
Ebitda up 54.84% at Rs 349.76 crore vs Rs 225.88 crore
Margin at 8.9% vs 6.98%
Reported profit for the period up 69.42% at Rs 173.88 crore vs Rs 102.63 crore
The broader market indices underperformed the larger peers; the S&P BSE MidCap Index was down 1.61%, whereas S&P BSE SmallCap Index was 1.33% lower.
All the 20 sectors compiled by BSE declined. S&P BSE Realty, S&P BSE Auto, S&P BSE Realty and S&P BSE Healthcare fell the most.
The market breadth was skewed in the favour of the sellers. About 768 stocks rose, 2,796 declined, while 145 remained unchanged on the BSE.
Revenue up 0.36% at Rs 275 crore vs Rs 274 crore
Ebitda up 10.81% at Rs 41 crore vs Rs 37 crore
Margin at 14.9% vs 13.5%
Reported profit for the period up 9.37% at Rs 35 crore vs Rs 32 crore
Maharashtra GST department commenced inspection at company’s registered, corporate offices on Oct. 25.
Business operations to continue as usual, operations not impacted.
Source: Exchange Filing
42.4 lakh shares changed hands in a large trade
0.05% equity changed hands at Rs 102.60 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Market sell-off enters day six
Biggest losing streak since Feb. 28, 2023
Nifty 50 slipped below 18,900
All NSE sectoral indices trading in red
Nifty Media, and Nifty Realty leading the losses
Axis Bank is the only Nifty gainer
Broader markets underperform benchmark indices
BSE snaps five-day gaining streak, stock has gained 225.2% in the last six months
Zomato down for 3rd consecutive session, stock down over 4% today
Tech Mahindra and Jubilant Foods under pressure on earnings
Stocks In Focus
11.6 lakh shares changed hands in a large trade
0.4% equity changed hands at Rs 332.5 apiece
Buyers and sellers not known immediately
Source: Bloomberg
12.8 lakh shares changed hands in a large trade
0.16% equity changed hands at Rs 141.70 apiece
Buyers and sellers not known immediately
Source: Bloomberg
IRM Energy lists at Rs 477.25 apiece on the NSE, 5.50% discount to IPO price.
IRM Energy lists at Rs 479 apiece on the BSE, 5.15% discount to IPO price.
Source: Exchanges
10.1 lakh shares changed hands in a large trade
0.13% equity changed hands at Rs 325.85 apiece
Buyers and sellers not known immediately
Source: Bloomberg
The broader market indices underperformed the larger peers; the S&P BSE MidCap Index was down 1.29%, whereas S&P BSE SmallCap Index was 1.54% lower.
All the 20 sectors compiled by BSE declined. S&P BSE Realty, S&P BSE Metal, S&P BSE Services and S&P BSE Industrials fell the most.
The market breadth was skewed in the favour of the sellers. About 512 stocks rose, 1,857 declined, while 103 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex was down 274 points, or 0.43%, at 63,775.04, while the NSE Nifty 50 was 95 points or 0.50% lower at 19,027.25.
Source: Bloomberg
The yield on the 10-year bond opened 3 bps higher at 7.37% on Thursday.
It closed at 7.34% on Wednesday.
Source: Bloomberg
The local currency opened flat at 83.20 against the U.S dollar on Thursday.
Source: Bloomberg
HC of Justice Business and Property Courts of England and Wales Commercial Courts orders to pay $2.19 billion to consortium of banks against a loan classified as NPA.
Consortium consisted of the overseas branches of Indian banks led by ICICI Bank.
GVK Group acquired stake in several Australian companies via associates which was partly financed by consortium.
Company provided guarantee of 49% of overall loan amount of $1.13 billion.
Loan was classified as Non-Performing in the FY16.
Awaiting detailed judgment to decide further action.
Source: Exchange Filing
17 lakh shares changed hands in a pre-market large trade.
0.21% equity changed hands at Rs 459 apiece.
Buyers and sellers not known immediately.
Source: Bloomberg
Approves issuance of 69 lakhs shares via preferential issue at Rs 1,085.54 apiece.
Singapore Finance Minister's unit to own 4.92% stake post issue.
Preferential issue for aggregate consideration up to Rs 749.02 crore.
Source: Exchange Filing
To sell entire stake in Palava Induslogic 3 Private to NewCold India Holding B.V. for Rs 153.65 crore
Expected date of completion of sale is January 8, 2024
Alert: Palava Induslogic 3 Private is wholly-owned arm of the company
Source: Exchange Filing
US Stocks to Extend Slide, Yen Passes Key Level: Markets Wrap
SEBI Orders Defreezing Of Bank, Demat Accounts, MF Folios Of Rana Kapoor
Som Distilleries & Breweries: Promoter Deepak Arora bought 10,000 shares on Oct. 25.
Cabinet Approves P&K Fertiliser Subsidy Rates For Rabi Season
Blue Jet Healthcare: The IPO was subscribed to 0.69 times, or 69%, on its first day. The bids were led by non-institutional investors (1.37 times), retail investors (0.78 times, 78%), and institutional investors (0.01 times, 1%).
GMR Airports To Acquire Additional 11% Stake In Hyderabad Airport
Jio Partners With Plume To Provide Smart Home, Small Business Services To Subscribers
Axis Bank Q2 Results: Profit Rises 10%
Tech Mahindra Q2 Results: Profit Drops By Nearly A Third, Revenue Down Again