Last Updated: October 20, 2023, 08:47 IST
Stocks to Watch on October 20: GIFT Nifty on the NSE IX traded 45 factors, or 0.23 per cent, decrease at 19,512, signaling that Dalal Street was headed for damaging begin on Friday. Here’s a slew of shares that will probably be in focus immediately for varied causes.
Q2 Results to Watch: Atul Auto, Central Bank of India, Century Textiles, CG Power & Industrial Solutions, Elecon Engineering, Glenmark Life Sciences, Goa Carbon, Hindustan Zinc, ICRA, J&Okay Bank, JSW Energy, JSW Steel, Just Dial, Kajaria Ceramics, L&T Finance Holdings, Laurus Labs, Paytm, Sasken Technologies, Sunteck Realty and Tejas Networks are few of the outstanding firms scheduled to report September quarter outcomes immediately.
Hindustan Unilever (HUL): The FMCG main reported a marginal decline in consolidated web revenue for the quarter ended September 30, 2023 to Rs 2,656 crore, down 0.3 per cent from a yr in the past interval. Total revenue, nevertheless, was up 3.1 per cent yr-on-yr (YoY) at Rs 15,364 crore.
ITC: Reported a 6 per cent YOY rise in consolidated web revenue for Q2FY24 at Rs 4,898.07 crore from Rs 4,619.77 crore. Total revenue was up 3.9 per cent YoY at Rs 17,774 crore.
Zomato: SmoothBank’s enterprise capital fund SVF Growth, Singapore, to promote 1.1% stake in Zomato at Rs 111.65 per share, amounting to Rs 1,024 crore, CNBC TV-18 reported on Thursday.
UltraTech Cement: Net revenue surged 69 per cent YoY to Rs 1,281 crore for Q2FY24. Net gross sales rose by 15.3 per cent to Rs 16,012 crore.
Dixon Technologies: In a step-down from its earlier transfer, the Indian authorities on Thursday mentioned it won’t prohibit import of laptops and different IT {hardware} merchandise.
Tata Motors: To decide 26.8 per cent stake in digital logistics options agency Freight Tiger for Rs 150 crore. As per the Securities Subscription Agreement (SSA) signed, Tata Motors can make investments one other Rs 100 crore over the subsequent two years within the firm.
MphasiS: Q2FY24 consolidated web revenue declined 6.3 per cent to Rs 391.95 crore when put next with Rs 418.46 crore in Q2FY23. Total revenue was additionally down 6.6 per cent YoY at Rs 3,325.54 crore.
United Breweries: Posted a 20 per cent YoY decline in consolidated web at Rs 107.17 crore for Q2FY24. Total revenue, nevertheless, elevated by 14 per cent to Rs 4,204.95 crore.
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