Stocks to Watch: RIL, Ultratech Cement, AU SFB, NTPC, BPCL, MGL, SBI Card, and Others – News18

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Stocks to Watch: RIL, Ultratech Cement, AU SFB, NTPC, BPCL, MGL, SBI Card, and Others – News18


Last Updated: October 30, 2023, 08:42 IST

Stocks To Watch on October 30: GIFT Nifty on the NSE IX traded 55.5 factors, or 0.29 per cent, greater at 19,083.50, signaling that Dalal Street was headed for constructive begin on Monday. Here’s a slew of shares that might be in focus in the present day for numerous causes.

Q2 earnings in the present day: Adani Green, Castrol, Daawat, DLF, TVS Motor, UPL, GMR Infra, and Blue Star, amongst others.

Reliance Industries: RIL reported a 27.4 per cent YoY rise in its consolidated internet revenue to Rs 17,394 crore for Q2FY24. While income development of the corporate was flattish YoY.

NTPC: The firm reported over 38 per cent YoY rise in consolidated internet revenue at Rs 4,726.40 crore for Q2FY24. The board additionally authorised the primary interim dividend of this fiscal on the price of twenty-two.5 per cent (Rs 2.25 per share).

UltraTech Cement: The firm has authorised its third section of growth to attain 182 million tonnes every year (MTPA) capability in India. In its third section, it’ll add one other 21.9 MTPA for an funding of Rs 13,000 crore.

AU Small Finance Bank: Fincare Small Finance Bank is ready to merge with AU Small Finance Bank (AU SFB) in an all-share deal. Fincare shareholders will obtain 579 shares of AU for each 2,000 shares held.

Gujarat Gas: It has hiked the economic fuel value to Rs 45.6 per scm to be efficient from November 1, 2023. The hike is according to the current rise in spot LNG costs.

BPCL: BPCL posted a consolidated internet revenue of Rs 8,501 crore in Q2FY24 in opposition to a internet lack of Rs 304 crore a yr in the past. The consolidated income fell about 9 per cent YoY to Rs 1.17 trillion.

IDFC First Bank: The financial institution reported a 35 per cent YoY rise in internet revenue at Rs 751 crore for Q2FY24.

Pfizer: The drug maker reported a 52.11 per cent decline in Q2FY24 internet revenue to Rs 148.96 crore. Revenue fell 9.76 per cent to Rs 575.21 crore within the quarter.

BEL: BEL reported a 33 per cent YoY leap in its standalone internet revenue to Rs 812.34 crore for Q2FY24.

HFCL: Launched 1,728 fibre intermittently bonded ribbon cables to meet the rising demand for prime fibre depend cables from knowledge centres and enhance 5G community infrastructure.

SBI Card: The card participant reported a 14.71 per cent YoY rise in its Q2 internet revenue to Rs 602.98 crore. Total income rose 22 per cent on-yr to Rs 4,221 crore.

MGL: Mahanagar Gas reported a 106 per cent YoY rise in Q2FY24 consolidated internet revenue.

Disclaimer:Disclaimer: The views and funding suggestions by consultants on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to test with licensed consultants earlier than taking any funding selections.



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