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KOTAK BANK trading in RED
DOW jones future trading at 147 Points DOWN.... SGX NIFTY future +15 Points Up....
Tata Motors: Tata Motors said it has secured an order from the Andhra Pradesh Civil Supplies Corporation for supply of 6,413 Tata Ace Gold vehicles.
Bajaj Auto: Bajaj Auto is witnessing a strong revival in various export markets, including Africa and Latin America, as they were not hit as hard by the Covid-19 pandemic and subsequent lockdowns as the domestic market, PTI reported quoting a senior company official.
Aarti Drugs | Company reported higher consolidated profit at Rs 75.3 crore in Q2FY21 against Rs 32.31 crore, revenue rose to Rs 578.11 crore from Rs 477.50 crore YoY. Company approved fund raising upto Rs 350 crore.
Greenply Industries | Jwalamukhi Investment Holdings, Westbridge Crossover Fund LLC and others together sold entire 9.20 percent stake in the company via open market transactions.
Sudarshan Chemical Industries | Company reported profit at Rs 30.33 crore in Q2FY21 against Rs 46.2 crore, revenue rose to Rs 428.9 crore from Rs 424.85 crore YoY.
Supreme Petrochem | The company reported profit at Rs 86.15 crore in Q2 FY21 against Rs 36.06 crore, revenue rose to Rs 694 crore from Rs 668.9 crore YoY.
Dr Reddy's Laboratories | LIC cut stake in the company to 1.59 percent from 3.62 percent via market sale.
Shipping Corporation of India | LIC reduced stake in the company to 10.05 percent from 12.05 percent via market sale.
Mahanagar Gas | LIC increased stake in the company to 5 percent from 4.95 percent via open market purchase.
Punjab & Sind Bank | The cank declared NPA account - IL&FS Financial Services - with outstanding dues of Rs 561.13 crore as fraud and reported to RBI as per regulatory requirement. Bank already made 100 percent provisioning and account is technically written off.
Asian Granito India | The company approved subdivision of shares from Rs 10 fully paid up to Rs 2 fully paid up.
Bank of Baroda | Bank is going to raise up to Rs 2,755 crore via Tier-1 bonds.
Stock under F&O ban on NSE Seven stocks - BHEL, Canara Bank, Escorts, Vodafone Idea, NALCO, Punjab National Bank and Vedanta - are under the F&O ban for October 26.
Earnings Today: Kotak Mahindra Bank, SBI Life Insurance Company, Mahindra & Mahindra Financial Services, Angel Broking, Finolex Industries, Torrent Pharmaceuticals, and 44 other companies will announce their September quarter earnings on October 26.
ICICI Lombard General Insurance: The insurance company reported a higher profit in the quarter ended September 30, 2020, at Rs 415.74 crore as compared to Rs 307.91 crore. Total income surged to Rs 2,883.4 crore from Rs 2,738.9 crore YoY.
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