Market Mastery

Webinar by Vishal Malkan

Find the weak links

in your portfolio by Vishal Malkan

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Oil and Natural Gas Corporation, Bharti Airtel, Titan Company, Mahindra & Mahindra, Britannia Industries, LG Electronics India, Life Insurance Corporation of India, Aadhar Housing Finance, Abbott India, AstraZeneca Pharma India, BEML, Berger Paints India, Bharat Forge, Bharti Hexacom, Bikaji Foods International, Emami, Fortis Healthcare, Glenmark Pharmaceuticals, Ipca Laboratories, IRB Infrastructure Developers, Kalpataru Projects International, Molbio Diagnostics, Moneyview, Samvardhana Motherson International, Mphasis, Paras Healthcare, Shiprocket, Tube Investments of India, Tonbo Imaging India, and VA Tech Wabag will announce their quarterly earnings today.

Quarterly Earnings

Aurobindo Pharma Q2 (Consolidated YoY)

Profit surges 32.7% to Rs 1,126.1 crore Vs Rs 848.5 crore

Revenue jumps 23.9% to Rs 10,263.3 crore Vs Rs 8,285.7 crore

BSE Q2 (Consolidated YoY)

Profit soars 44.9% to Rs 809.1 crore Vs Rs 558.4 crore

Revenue grows 34.1% to Rs 1,432.7 crore Vs Rs 1,068.4 crore

Apollo Hospitals Enterprise Q2 (Consolidated YoY)

Profit zooms 33.5% to Rs 659.5 crore Vs Rs 494 crore

Revenue increases 23% to Rs 7,614.9 crore Vs Rs 6,188.8 crore

Lenskart Solutions Q2 (Consolidated YoY)

Profit surges 122.1% to Rs 227.1 crore Vs Rs 102.2 crore

Revenue grows 35.7% to Rs 2,845 crore Vs Rs 2,096.1 crore

FSN E-Commerce Ventures Nykaa Q2 (Consolidated YoY)

Profit soars 206.8% to Rs 101.2 crore Vs Rs 32.98 crore

Revenue jumps 28.1% to Rs 3,006 crore Vs Rs 2,346 crore

Board approved acquisition of 82% shareholding in Simply Nam for Rs 33 crore

Apollo Tyres Q2 (Consolidated YoY)

Profit soars 13.3% to Rs 292.3 crore Vs Rs 258 crore

Revenue increases 16.6% to Rs 7,968.2 crore Vs Rs 6,831.1 crore

Exceptional loss stands at Rs 26.8 crore Vs Rs 180 crore

Board appoints Ravi Kumar Shingari as Chief Financial Officer of the company

Dabur India Q2 (Consolidated YoY)

Profit increases 11.7% to Rs 505.5 crore Vs Rs 452.6 crore

Revenue grows 11.6% to Rs 3,563.1 crore Vs Rs 3,191.3 crore

Dabur reports 4th consecutive quarter of double-digit profit growth

India FMCG business grows 10.7%, international business grows 20%

Premium brands grew at 4x pace of regular brands & accounts for 20% share of domestic business

Entero Healthcare Solutions Q2 (Consolidated YoY)

Profit zooms 44.1% to Rs 45.5 crore Vs Rs 31.6 crore

Revenue grows 32.9% to Rs 2,087.1 crore Vs Rs 1,570.9 crore

Shipping Corporation of India Q2 (Consolidated YoY)

Profit surges 205.4% to Rs 577.8 crore Vs Rs 189.2 crore

Revenue soars 71.1% to Rs 2,290.7 crore Vs Rs 1,338.9 crore

PI Industries Q2 (Consolidated YoY)

Profit falls 70.1% to Rs 122.2 crore Vs Rs 409.3 crore

Revenue declines 9.1% to Rs 1,701.8 crore Vs Rs 1,872.3 crore

NHPC Q2 (Consolidated YoY)

Profit zooms 51.7% to Rs 1,549.1 crore Vs Rs 1,021.4 crore

Revenue grows 33.2% to Rs 4,482.6 crore Vs Rs 3,365.3 crore

Krishna Institute of Medical Sciences Q2 (Consolidated YoY)

Profit increases 12.1% to Rs 75 crore Vs Rs 66.9 crore

Revenue jumps 40% to Rs 1,344.4 crore Vs Rs 960.7 crore

Physicswallah Q2 (Consolidated YoY)

Profit zooms 101.3% to Rs 145.6 crore Vs Rs 72.3 crore

Revenue grows 18.2% to Rs 1,242.3 crore Vs Rs 1,051.2 crore

Torrent Power Q2 (Consolidated YoY)

Profit rises 13% to Rs 838 crore Vs Rs 741.6 crore

Revenue surges 24.4% to Rs 9,801.6 crore Vs Rs 7,876 crore

Premier Energies Q2 (Consolidated YoY)

Profit jumps 29.6% to Rs 458 crore Vs Rs 353.4 crore

Revenue soars 43.3% to Rs 2,631.8 crore Vs Rs 1,836.9 crore

Balkrishna Industries Q2 (Consolidated YoY)

Profit increases 7.1% to Rs 292.6 crore Vs Rs 273.2 crore

Revenue jumps 45% to Rs 3,471.7 crore Vs Rs 2,393.5 crore

GR Infraprojects Q2 (Consolidated YoY)

Profit spikes 53.1% to Rs 290.3 crore Vs Rs 189.6 crore

Revenue surges 45.1% to Rs 2,325.4 crore Vs Rs 1,602.1 crore

Afcons Infrastructure Q2 (Consolidated YoY)

Profit sinks 60.9% to Rs 41.3 crore Vs Rs 105.4 crore

Revenue falls 11.8% to Rs 2,635.3 crore Vs Rs 2,988.4 crore

Kansai Nerolac Paints Q2 (Consolidated YoY)

Profit rises 8.5% to Rs 146.4 crore Vs Rs 134.9 crore

Revenue jumps 18.6% to Rs 2,317.4 crore Vs Rs 1,954.2 crore

Stocks to Watch

Ravindra Energy

Ravindra Energy's jointly controlled company, Energy In Motion, has signed a strategic memorandum of understanding (MoU) with Sorigin Green Mobility for the deployment of 500 electric heavy commercial vehicles (e-HCVs) over a period of two years.

Adani Power

Adani Power has signed a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited (UPCL) for the supply of 1,234 MW of ex-bus net thermal power, backed by an installed capacity of 1,320 MW.

KSH International

The company's Board has approved a Phase-3 expansion of its specialised magnet winding wire manufacturing capacity, which will increase its total capacity to approximately 72,200 MT by Q1 FY2029.

The company plans to invest up to Rs 185 crore in the expansion, which will include the acquisition of an additional 10 acres of land in Supa, along with investments in buildings, plant and machinery. The project will be funded through a combination of internal accruals and long-term debt.

Cupid

Cupid has entered into a long-term exclusive retail arrangement with V2 Retail, securing retail space across V2 Retail's entire network of more than 425 stores, as well as all new stores that V2 Retail opens across India.

The company expects the partnership with V2 Retail to generate approximately Rs 400 crore in revenue over the next 12 months.

Bulk Deals

Ajmera Realty and Infra India

Ace investor Mukul Agrawal exited real estate developer Ajmera Realty and Infra India, while asset management company PGIM India increased its stake in Ganesh Consumer Products through open market transactions on November 4.

Ace investor Mukul Agrawal exited Ajmera Realty and Infra India by selling his entire holding of 37.97 lakh shares, representing 1.93 percent of paid-up equity capital, for Rs 53.4 crore. On the other side, Everest Food Products acquired the entire stake sold by Agrawal at Rs 140.75 per share.

In a separate transaction, Cello Pens and Stationery acquired 25 lakh shares, equivalent to 1.27 percent of Ajmera Realty's paid-up equity capital, from ValueQuest Investment Advisors. The transaction was valued at Rs 35.25 crore, at a price of Rs 141 per share.

Additionally, Gopani Jignesh Gunvant acquired 14.4 lakh shares, representing 0.73 percent of the company's paid-up equity capital, for Rs 20.09 crore at Rs 139.56 per share.

Ganesh Consumer Products

PGIM India Equity Growth Opportunities Fund Series II increased its stake in Ganesh Consumer Products, by acquiring an additional 2.5 lakh shares, representing 0.6 percent of the company's paid-up equity capital, for Rs 4.7 crore.

The shares were purchased at Rs 190.38 apiece.

According to the latest shareholding pattern, PGIM India held a 1.57 percent stake in Kolkata-based Ganesh Consumer Products.

Mainboard Listing

Bombay Coated & Special Steels

Stocks Trade Ex-Dividend

Engineers India

Birlasoft

Indian Toners & Developers

Navin Fluorine International

Sanofi India

Share India Securities

Sun TV Network

Varun Beverages

Stock Trades Ex-Date for Split

Gujarat Natural Resources

Stock Trades Ex-Date for Resolution Plan -Suspension

Starlite Components

Stocks Trade Ex-Date for Income Distribution

Bagmane Prime Office REIT

Brookfield India Real Estate Trust REIT

Mindspace Business Parks REIT

Stocks in F&O Ban

Kaynes Technology India

SAIL