Page 21 - Latest Updates on Stock Market
Petronet LNG Q2 results: Net profit down 10%, but turnover highest
The company is currently expanding capacity by 9 million tonnes at its LNG terminals in Dahej, and Kochi
 "Petronet LNG Q2 results: Net profit down 10%, but turnover highest")
upGrad's revenue rises to Rs 692 cr in FY22, losses widen to Rs 627 cr
The total expenses of the edtech unicorn for the fiscal were reported as Rs 1,319 crore in FY22, a jump of 157 per cent from Rs 514 crore last year
 "upGrad's revenue rises to Rs 692 cr in FY22, losses widen to Rs 627 cr")
Stocks to watch: Adani Green, Tata Motors, M&M, Zomato, JSPL, Bharat Forge
Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million
 "Stocks to watch: Adani Green, Tata Motors, M&M, Zomato, JSPL, Bharat Forge")
Separate MII functions into three verticals, recommends Sebi expert panel
Market infrastructure institutions are considered to be the pillars of the stock market ecosystem. These include stock exchanges, clearing corporations, and depositories.
 "Separate MII functions into three verticals, recommends Sebi expert panel")
Rupee strengthens to over one-month high on FPI flows, weak dollar
Indian currency at 1-month high on FPI flows, weak dollar
 "Rupee strengthens to over one-month high on FPI flows, weak dollar")
NSE to move away from non-core business areas: New MD & CEO Chauhan
The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall
 "NSE to move away from non-core business areas: New MD & CEO Chauhan")
Near-term growth concerns, further price cuts to cap returns for Marico
Further price cuts, higher advertising costs to weigh on margins
 "Near-term growth concerns, further price cuts to cap returns for Marico")
MSCI India index rebalancing could stoke Rs 13,000-crore churn
Varun Beverages, Tube Investments, IHCL seen as potential inclusions
 "MSCI India index rebalancing could stoke Rs 13,000-crore churn")
White-knuckle volatility forces companies to let IPO approvals lapse
Some firms may blue-pencil valuations because of capital requirement compulsions or for providing exits to their investors. Still others can afford to wait
 "White-knuckle volatility forces companies to let IPO approvals lapse")
Select segments within PSU theme could outperform amid economic uptick
Public-sector banks, defence stocks could do well; PSUs exposed to commodities are at risk
 "Select segments within PSU theme could outperform amid economic uptick")
Sensex revisits 61K amid upbeat global cues; bank, auto stocks spurt
Rising for the second straight day, the 30-share BSE Sensex ended 234.79 points or 0.39 per cent higher at 61,185.15 after a choppy session
 "Sensex revisits 61K amid upbeat global cues; bank, auto stocks spurt")
LIVE: Court orders blocking Congress' Twitter for copyright infringement
From Delhi air pollution restrictions being lifted to Musk's threat to Twitter account impersonators, catch all the live updates from across the globe here
 "LIVE: Court orders blocking Congress' Twitter for copyright infringement")
The bogey of Oct Effect: 'Month of market crashes' spooks trading community
The average daily trading volume (ADTV) for the National Stock Exchange's equity cash segment has declined sequentially in seven of the 11 years
 "The bogey of Oct Effect: 'Month of market crashes' spooks trading community")
Mcap of 7 of top-10 most valued firms rises Rs 1.33 trn; Reliance leads
Seven of the top-10 most valued firms together added Rs 1.33 trillion in market valuation last week amid an overall positive trend in equities, with Reliance Industries emerging as the biggest winner
 "Mcap of 7 of top-10 most valued firms rises Rs 1.33 trn; Reliance leads")
IndiGo Q2 loss widens by 10% due to rupee depreciation, high fuel prices
The company is confident that it will return to operational profitability in Q3
 "IndiGo Q2 loss widens by 10% due to rupee depreciation, high fuel prices")
GAIL Q2 net profit down 46% on higher prices, Russian gas disruption
In an emergency bid to secure stable LNG supply, GAIL has sought to expedite talks on short- and long-term supply deals with Gulf firm ADNOC
 "GAIL Q2 net profit down 46% on higher prices, Russian gas disruption")
Varun Beverages, ABB, Page among six stocks that could become large-caps
They could replace Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, Bandhan Bank and Paytm, which may move to mid-cap space, reveals analysis by Brian Freitas of Periscope Analytics
 "Varun Beverages, ABB, Page among six stocks that could become large-caps")
Cipla Q2 PAT up 11% PAT to Rs 789 cr on strong Covid-adjusted growth rate
The company is de-risking key product Abraxane in case the Goa plant FDA issue is not cleared immediately
 "Cipla Q2 PAT up 11% PAT to Rs 789 cr on strong Covid-adjusted growth rate")
Despite buoyancy in market, stock trading activity declines in October
Cash market turnover fell almost 20% in October as rally take traders by surprise
 "Despite buoyancy in market, stock trading activity declines in October")
LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions
Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
 "LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions")