Stocks to be careful for on October 25
Stocks to watch: Shares of corporations like Axis Bank, Tech M, Vedanta, Delta Corp, ONGC, Torrent Pharma, and others can be in give attention to Wednesday’s commerce.
Stocks to Watch on October 25: GIFT Nifty on the NSE IX traded 16 factors, or 0.08 per cent, decrease at 19,308, signaling that Dalal Street was headed for adverse begin on Wednesday. Here’s a slew of shares that can be in focus at the moment for numerous causes.
Q2FY24 outcomes at the moment: Axis Bank, Tech Mahindra, Indus Towers, Jubilant Foodworks, Sona BLW Precision Forgings, Sonata Software, Lakshmi Machine Works, Welspun India, Chalet Hotels, Chennai Petroleum Corp, Responsive Industries, CMS Info Systems, Share India Securities, Rallis India, Shanthi Gears, Bannari Amman Sugars, Gulf Oil Lubricants India, Swaraj Engines, TV18 Broadcast, Network18 Media & Investments.
Kfin Technologies: The firm is not going to proceed with the buyback if redeemable choice shares till additional discover because the Office of the Joint Director, Enforcement Directorate, Hyderabad Zonal Office has issued discover to Adhiraj Parthasarathy, whereby the ED has provisionally connected the RPSs.
Delta Corp: The Bombay High Court has directed the Directorate General of GST Intelligence, Hyderabad, to not move a closing orders on Rs 16,195-crore tax discover in opposition to Delta Corp with out prior permission from the court docket.
Vedanta: Ajay Goel, the previous chief monetary officer (CFO) at Indian edtech startup Byju’s, will return as Vedanta’s CFO efficient October 30 after Sonal Shrivastava tendered resignation.
Torrent Pharma: Torrent Pharma has reported internet revenue of Rs 386 crore within the second quarter. Revenue from operations got here in at Rs 2,660 crore.
JSW Steel: It plans to set up a inexperienced metal manufacturing facility by 2030 as a part of its response to the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM).
Power Mech Projects: The Fund Raising Committee has authorised the problem and allotment of 9,01,789 fairness shares, price Rs 350 crore, to 17 certified institutional patrons. PNB Housing Finance: Its internet revenue for Q2FY24 elevated 45.9 per cent 12 months-on-12 months (YoY) to Rs 383 crore, whereas income from operations grew 5.5 per cent YoY to Rs 1,777.8 crore.
ONGC: Oil and Natural Gas Corporation has gained a bid to purchase PTC India Ltd’s wind energy unit for Rs 925 crore.
Siemens: Siemens India has filed a writ petition earlier than the Bombay High Court, contesting the showcause discover for Goods and Services Tax (GST) price Rs 245.9 crore.
Tech Mahindra: Tech Mahindra Americas Inc., an entirely-owned subsidiary of Tech Mahindra, has authorised the divestment of 30 per cent stake in Avion Networks Inc for a consideration quantity price $50,000 (roughly Rs 41 lakh).
Lupin: Received approval from the USFDA for its abbreviated new drug utility for Fluconazole Tablets, USP.
Disclaimer:Disclaimer: The views and funding ideas by specialists on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to examine with licensed specialists earlier than taking any funding selections.
