The NSE IX IFT Nifty traded 27 points, or 0.14 percent, higher at 19,727.50, indicating that Dalal Street was off to a good start on Monday. Here is a list of stocks that will be in the spotlight today for various reasons.
HDFC Bank, Federal Bank, Grasim, Bank of Maharashtra, ICICI Securities
Shares of HDFC Bank, Federal Bank, Grasim, Bank of Maharashtra, and ICICI Securities will be under the spotlight when the businesses report second-quarter earnings.
DMart
Avenue Supermarts recorded a net profit of Rs 623 crore for the fiscal quarter ending September, a decrease of more than 9% year on year.
Dalmia Bharat
In the second quarter, Dalmia Bharat recorded a net profit of Rs 124 crore on revenues of Rs 3,149 crore.
Adani Enterprises
Adani Enterprises said the Ministry of Corporate Affairs has sent letters to its two subsidiaries, Mumbai International Airport and Navi Mumbai International Airport, about the beginning of a probe into books of accounts and other books and documents.
Persistent Systems
Persistent Systems has named Ayon Banerjee as chief strategy and growth officer, effective October 13, 2023.
Tata Motors
Prior to the IPO, Tata Motors would sell a 9.9% interest in Tata Technologies for about Rs 1,614 crore. TPG Rise Climate will acquire about 9% of Tata Technologies in the agreement, which values the company at Rs 16,300 crore ($2 billion).
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Tata Steel Long Products
In the second quarter, Tata Steel Long Products recorded a net loss of Rs 136 crore. The operating revenue declined 9% to Rs 1,734 crore.
Bajaj Finance
The RBI fined Bajaj Finance Rs 8.50 lakh for failing to comply with the Monitoring of Frauds in NBFCs Directions.
RBL Bank
The Reserve Bank levied a monetary penalty of Rs 64 lakh on RBL Bank for failing to comply with certain RBI directives.
Indian Oil
Indian Oil would spend Rs 1,660 crore in a joint venture with NTPC to build renewable power projects.
Delta Corp
Delta Corp’s Deltatech Gaming is facing a GST demand of Rs 6,384 crore from the Directorate General of GST Intelligence in Kolkata.