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Axis Bank Share price: Stocks in the news: Axis Bank, Tata Motors, Adani Green, HUL, Lupin, Tata Power and Nykaa


Nifty futures on the Singapore Exchange traded 56.5 points, or 0.31 per cent lower at 18,137, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade:

Adani Green, Eicher Motors, Apollo Hospitals:

, Eicher Motors, Apollo Hospital Enterprises, Page Industries, Zomato, Trent, Jindal Steel & Power, Indian Hotels Company, , Samvardhana Motherson International and NHPC are among the companies that will announce their results for September 2022 quarter today.

Axis Bank: The government, through the Specified Undertaking of the Unit Trust of India or SUUTI, would sell 46.5 million shares or entire 1.55% stake in private lender Axis Bank for two days on November 10-11 through an OFS at a floor price of Rs 830.63.

Tata Motors: The homegrown auto major reported narrowing of its consolidated net loss to Rs 945 crore for the second quarter ended September, as sales picked up in marquee brand Jaguar Land Rover and across domestic as well as commercial vehicle segments. It had reported a net loss of Rs 4,442 crore in the July-September period of the last fiscal.

Hindustan Unilever, GSK: The FMCG major and healthcare firm mutually decided to terminate their agreement for selling of Over-the-Counter (OTC) and oral care products. The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne, which were owned by GSK.

Adani Ports and Special Economic Zone: The Adani Group firm said that it has acquired 49.38 per cent stake in Indian Oiltanking Ltd – developer and operator of liquid storage facilities – for Rs 1,050 crore.

FSN E-commerce Ventures: Citigroup has launched a deal to sell shares in cosmetics-to-fashion retailer Nykaa, worth Rs 250 crore, via a block deal The block deal involves “individual employee seller”. The deal offers a discount of up to two percent on the current market price.

Lupin: The drug maker said its consolidated net profit stood at Rs 130 crore for the second quarter ended September 30, 2022. The Mumbai-based company had reported a net loss of Rs 2,098 crore in the July-September period of the previous fiscal.

: The Tata Group arm said its subsidiary Tata Power Renewable Energy has received the ‘Letter of Award’ from the Maharashtra State Electricity Distribution Corporation (MSEDCL) to set up 150MW solar project in Solapur, Maharashtra. The project will be commissioned within 18 months from the PPA execution date.

: The financial services arm of the Piramal group reported a net loss of Rs 1,536 crore in the second quarter of the current financial year. The quarterly report includes the numbers of Dewan Housing Finance Corporation (DHFL) which it had acquired in September 2021 through the insolvency process.

Pidilite Industries: The manufacturer of adhesives, sealants and construction chemicals reported a decline of 10.06 per cent in consolidated net profit at Rs 337.75 crore for the second quarter of FY23 on account of raw material inflation and high-priced inventory. It had logged a profit of Rs 375.53 crore in the July-September quarter a year ago.

: The realty firm reported an 80 per cent increase in its consolidated net profit at Rs 140.7 crore in the September quarter of this fiscal year. Its net profit stood at Rs 78.3 crore in the year-ago period.

: The healthcare player reported a 71 per cent increase in consolidated profit after tax at Rs 169 crore for the second quarter ended September 2022, riding on the back of robust performance across units. It had posted a profit after tax (PAT) of Rs 99 crore in the July-September period of the previous fiscal.

Happiest Minds Technologies: The IT company announced partnership with Singapore-based ESG solution provider CredQuant for BFSI customers. This collaboration with CredQuant will help BFSI customers in addressing ESG screening, rating models, sustainability reporting, impact reporting and carbon footprint.

Indigo Paints: Sequoia Capital India divested 3.28 per cent or 15,60,000 equity shares in the paint manufacturer at an average price of Rs 1,343.82-Rs 1,343.65 apiece, taking the transaction value to Rs 209.62 crore, the bulk deal data showed.

Natco Pharma: The drug maker announced the launch of the first generic version of Pomalyst capsules in the Australian market. The capsules have been launched in strengths of 1,2,3 and 4 mg. Pomalidomide is prescribed for treatment of Multiple Myeloma and Kaposi Sarcoma.

Sundram Fasteners: The auto-components manufacturer reported a standalone profit of Rs 111.75 crore for the July-September 2022 quarter. Its standalone profit was Rs 120.16 crore during the corresponding quarter last year.

Bayer Cropscience: The agrochemical player posted a 5.51 per cent increase in net profit at Rs 162.6 crore in the September quarter. The company had a net profit of Rs 154.1 crore in the same quarter previous fiscal.

Gujarat State Fertilizers and Chemicals: The state run chemical player posted a 23.33 per cent jump in its consolidated net profit at Rs 285.27 crore for the second quarter of the 2022-23 fiscal. The company had clocked a net profit of Rs 231.29 crore in the same quarter previous fiscal.

: The Staffing company reported a consolidated net profit of Rs 31.62 crore in the quarter ended September. The company had posted a loss of Rs 49.47 crore in the year-ago period.

: The FMCG firm reported a decline of 31.93 per cent in its consolidated net profit at Rs 31.65 crore for the second quarter ended September. The company had reported a net profit of Rs 46.50 crore in the July-September quarter a year ago.


: The port services player reported a 59 per cent growth in consolidated profit at Rs 72 crore for the quarter ended September. The company had posted a consolidated profit of Rs 45.20 crore in the second quarter of the previous fiscal.

Piramal Pharma: The drug firm reported a consolidated net loss of Rs 37 crore for the second quarter ended September, as against a net profit of Rs 37 crore in the year-ago period. The company’s revenue from operations grew to Rs 1,720 crore during the July-September quarter, from Rs 1,578 crore in the corresponding period of the previous fiscal.

Gateway Distriparks: The integrated inter-modal logistics operator reported a 27 per cent growth in consolidated profit after tax (PAT) at Rs 59.53 crore for the second quarter of this fiscal. The company had posted a consolidated PAT of Rs 46.90 crore in the quarter ended September 30, 2021.


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The microfinancier, which has been only offering collateral-free loans to women, is entering the secured lending side with home, auto and gold loans along with SME funding. The NGO-turned microlender announced its maiden NCD (Non-Convertible Debenture) issue worth up to Rs 500 crore.


TD Power Systems:
The electrical utilities player posted a nearly 24 per cent rise in its consolidated net profit to Rs 19.90 crore in the September quarter mainly due to lower expenses. The consolidated net profit of the company was Rs 16.05 crore in the year-ago period.

: The media firm reported an increase of 4.4 per cent in consolidated net profit to Rs 13.03 crore for the second quarter ended September. The company had posted a net profit of Rs 12.48 crore during the July-September quarter a year ago.

Dhanlaxmi Bank: The private lender reported a multi-fold rise in net profit at Rs 15.89 crore for September quarter 2022-23 on lower provisions for bad loans. The bank had clocked a net profit of Rs 3.66 crore in the year-ago period. In the previous June quarter, the bank incurred a net loss of Rs 26.43 crore.

JMC Projects (India): The construction player posted Rs 46.51 crore consolidated net profit in the September quarter mainly on the back of higher revenues. The company had reported a consolidated net loss of Rs 1.48 crore in the second quarter ended on September 30, 2021.

: The manufacturer seating solutions reported a more than 50 per cent rise in the net profit at Rs 8.93 crore in the September quarter on the back of 72 per cent rise in the revenues. The company had reported a consolidated a net profit of Rs 5.94 crore in the second quarter ended on September 30, 2021.

IFCI: The state run term lender reported a consolidated net profit of Rs 209 crore for September quarter 2022-23. The company had incurred a net loss of Rs 445 crore in the same quarter a year ago.

Reliance Capital: US-based private equity firm Advent has dropped its plan to participate in the resolution process of debt-ridden Anil Ambani firm. In the preliminary round, Advent had shown interest in taking over RCL subsidiary Reliance General Insurance by submitting a non-binding bid of Rs 7,000 crore.


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The beverage player has bagged orders worth Rs 21 crore to export instant coffee to Russia and other CIS countries. The new orders will boost the order book position to ₹61 crore and help the company leverage its position in the fast-growing instant coffee market.



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