Market Commentary     07-Nov-24
Stock Alert
Stock Alert: Apollo Hospital Enterprise, Tata Steel, Power Grid Corporation of India, Sonata Software,
Result Today:

Mahindra & Mahindra(M&M), Lupin, RVNL, Trent, Shyam Metalics, Indian Hotels, Goldiam International, Gujarat State Petronet, Gujarat Alkalies and Chemicals, Happy Forgings, HIL, Indigo Paints, ITD Cementation India, Jagran Prakashan, Kennametal India, Linde India, AAVAS Financiers, Abbott India, Akzo Nobel India, Alembic Pharmaceuticals, Bajaj Electricals, Carysil, Clean Science and Technology, Cummins India, Emami, Escorts Kubota, Great Eastern Shipping Co will declare their result later today

Stocks to Watch:

Apollo Hospitals Enterprise reported 62.64% surge in consolidated net profit to Rs 378.8 crore in Q2 FY25 as against Rs 232.9 crore posted in Q2 FY24. Revenue from operations increased 15.31% year on year (YoY) to Rs 5,589.3 crore in the quarter ended 30 September 2024.

Tata Steel reported consolidated net profit of Rs 758.84 crore in Q2 FY25 as compared with net loss of Rs 6,511.16 crore in Q2 FY24. Revenue fell 3.19% YoY to Rs 53,904.71 crore during the quarter.

Sonata Software’s consolidated net profit increased marginally 0.81% to Rs 106.49 crore in Q2 FY25 as compared with Rs 105.63 crore in Q1 FY25. Revenue declined 14.13% QoQ to Rs 2,170 crore in Q2 FY25.

Power Grid Corporation of India’s consolidated net profit increased marginally 0.31% to Rs 3,793 crore in Q2 FY25 as compared with Rs 3,781 crore in Q2 FY24. Revenue rose slightly higher 0.08% to Rs 11,277 crore in Q2 FY25 as compared with Rs 11,267 crore in Q2 FY24.

Pricol’s consolidated net profit jumped 36.36% to Rs 45 crore on 15.74% increase in revenue to Rs 669 crore in Q2 FY25 over Q2 FY24.

Delta Corp’s consolidated net profit declined 60.86% to Rs 27 crore on 27.97% decline in revenue to Rs 188 crore in Q2 FY25 over Q2 FY24.

Previous News
  Sensex Nifty under pressure; European mrkt decline
 ( Market Commentary - Mid-Session 21-Jan-25   13:41 )
  Apollo Hospitals Enterprise announces board meeting date
 ( Corporate News - 20-Jan-25   12:59 )
  Tata Steel to conduct board meeting
 ( Corporate News - 18-Jan-25   13:43 )
  Pricol-New to table results
 ( Corporate News - 10-Jan-25   09:45 )
  Barometers trade with modest cuts; consumer durables under pressure
 ( Market Commentary - Mid-Session 08-Jan-25   10:32 )
  Tata Steel production rises 6% YoY to 5.68 MMT in Q3 FY25
 ( Hot Pursuit - 08-Jan-25   09:58 )
  Sock Alert: Tata Steel, Sobha, Transformer & Rectifiers, Saphire Foods,
 ( Market Commentary - Stock Alert 08-Jan-25   08:23 )
  Board of Pricol approves divestment of wiping biz division
 ( Corporate News - 02-Jan-25   19:00 )
  JSW Steel Ltd Surges 2.96%, BSE Metal index Gains 1.22%
 ( Hot Pursuit - 23-Dec-24   09:30 )
  Tata Steel Ltd slips for fifth straight session
 ( Hot Pursuit - 19-Dec-24   13:35 )
  Sensex, Nifty trade higher; European mrkt opens lower
 ( Market Commentary - Mid-Session 13-Dec-24   13:40 )
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