Adani Energy Solutions: The company said that it has formed a new subsidiary, which will be named Adani Energy Solutions Global. In an exchange filing, the company said, "Adani Energy Solutions Limited (AESL) has formed a wholly-owned subsidiary Adani Energy Solutions Global Limited." The company said that its objective is to explore new business opportunities in transmission projects outside India. On Friday, the company's stock closed at Rs 964, down 5.10 percent.

LIC : The company has increased its stake in Apollo Tyres Limited from 4.983 percent to 5.030 percent. On October 4, LIC bought 0.047 percent shares of Apollo Tyres at an average price of Rs 531.53 per share. On Friday, the company's stock closed at Rs 970 with a rise of 0.27 percent.

GAIL : MoU with AM Green to jointly develop renewable energy projects and green chemical projects up to 2.5 GW. The partnership focuses on long-term supply of carbon dioxide for e-methanol production and exploration of hybrid renewable energy projects across India.

IndusInd Bank: Net advances grew 13% year-on-year and 3% quarter-on-quarter to Rs 3.56 lakh crore. Deposits grew 15% year-on-year and 4% year-on-quarter to Rs 4.12 lakh crore. CASA ratio increased to 35.9% from 39.4% last year and 36.7% in the previous quarter.

IDFC First Bank: The bank has released business updates for the second quarter of FY 2025. The bank has registered a growth of 32 per cent in deposits and 21 per cent in loan growth year-on-year. The bank said that it has recorded strong growth in key financial metrics for the quarter ended September 30, 2024. Loans and advances grew 21.3 per cent year-on-year, from Rs 1.83 lakh crore as of September 30, 2023 to Rs 2.22 lakh crore this year.

Macrotech Developers: The company has recorded an impressive quarterly pre-sales of Rs 4290 crore so far, a growth of 21 per cent year-on-year. The first half of the current financial year saw pre-sales of around Rs 8,300 crore. Four projects have been added in Pune and Bengaluru, with a gross development value of Rs 5,500 crore. Net debt is Rs 4,920 crore.

Bandhan Bank: Private sector Bandhan Bank has registered a growth of 24.6 percent in business in the second quarter of the current financial year. The bank informed the stock markets that by the end of September 30, 2024, the total business reached Rs 2,73,163 crore, while in the previous same period it was Rs 2,19,712 crore. In this way the business of the bank has increased by 24.6 percent. The bank said that at the end of the current second quarter, the loans and advances of the bank were Rs 1,30,652 crore, while the deposit amount has reached Rs 1,42,511 crore.

Senco Gold: In the information released on the exchange, the company said that it has decided to reduce the share with a face value of Rs 10. The face value of Rs 10 will come down to Rs 5. Reducing the face value of a share is called share split. On Friday, the company's share closed at Rs 1,429 with a rise of 1.03 percent.

Titan : Tata Group company Titan said in its quarterly business update on October 4 that it has registered revenue growth of around 25 per cent year-on-year in the second quarter of FY 2025. The Tata Group company said that a total of 75 stores have been added during this period, taking Titan's total combined retail network presence to 3,171 stores.

MTNL: Government telecom company Mahanagar Telephone Nigam Limited (MTNL) has not been able to repay the loan installment to State Bank of India (SBI) on time, due to which the bank has declared the company's account as a non-performing asset (NPA). According to the exchange filing of the telecom company, in a letter to MTNL, SBI said that the loan installment and interest payment for the term loan, which became overdue on June 30, 2024, was not paid for more than 90 days, due to which it has been downgraded to the NPA category from September 28, 2024.

Jio Financial Services: Jio Financial Services informed that the Securities and Exchange Board of India (SEBI) has given principal approval to the company and BlackRock Financial Management Inc. to become co-sponsors of a new mutual fund. Jio Financial Services said in an exchange filing, "If the company and BlackRock meet the prescribed requirements for registration, final approval will be received from SEBI."

Grovy India: Real estate company Grovy India has announced the record date for the bonus issue. The company informed the stock market about the record date on Saturday. In the information sent to the stock market, the company said that the record date for the bonus issue has been fixed as 23 October 2024. The company has announced the release of bonus in the ratio of 3 and 1. The company said that shareholders will be given 3 shares with a face value of Rs 10 as bonus for every share with a face value of Rs 10. The stock closed with a decline of about 2 percent in Friday's session.

CG Power: The company announced on Saturday that it has entered into an asset purchase agreement with advanced semiconductor solutions supplier company Renesas Electronics Corporation to acquire the radio frequency component business. According to the company, this agreement was signed on October 4 between CG Power and Renesas Electronics' subsidiary Renesas Electronics America. The company said that with the help of this agreement, it will enter the semiconductor design business.

Lupin: Pharma company Lupin said that the US Food and Drug Administration (USFDA) has completed the pre-approval investigation of the company's biotech facility based in Pune, India. The investigation was conducted from 25 September 2024 to 04 October 2024 and was completed with five objections. The company said that it is addressing the objections and will respond to the US FDA within the stipulated time frame. Mumbai-based Lupin is an innovation-based multinational pharmaceutical company.

IDFC Limited: IDFC Limited shares will be suspended from trading from October 10, 2024, as it has merged with IDFC First Bank. IDFC shareholders will get 155 shares of IDFC First Bank in exchange for every 100 shares of IDFC. The existing F&O contracts will expire on October 9, 2024. This information has been given in a circular of the National Stock Exchange (NSE). That is, the shares of IDFC Limited will remain in trading on the last day on October 9.

Federal Bank : The bank has said in the information sent to the stock market that Crisil Ratings has maintained the short term rating of the bank and has upgraded the rating of long term fixed deposits. The bank had informed about the upgrade of the rating after the market closed on Friday. The stock closed with limited gains on Friday.

Bajaj housing finance : Brokerage firm HSBC has released a report on Bajaj Finance Limited's recently listed housing finance subsidiary. According to the report, the company has initiated coverage on Bajaj Housing Finance Limited, with a "low" rating and a target price of 110. HSBC's target price indicates a potential downside of 27% from Thursday's close.

Bank of Maharashtra: LIC has increased its stake in the public sector Bank of Maharashtra. With this increase, LIC's stake in Bank of Maharashtra has crossed 5 percent on 5 October 2024.

Union Bank: The country's state-run bank Union Bank has released the business update for the second quarter of FY 2025. The bank said that during this period, the bank's deposits have seen an increase of 1.45 per cent quarter-on-quarter and 9.17 per cent year-on-year, reaching Rs 12.41 lakh crore. The bank said that global gross advances have increased to Rs 9.28 lakh crore, an increase of 9.63 per cent year-on-year and 1.82 per cent quarter-on-quarter. Union Bank of India shares closed at Rs 119.01 on Friday with a gain of 0.025 per cent

Indian Bank: The bank has released the business update for the second quarter of the financial year 2025. During this period, the total business of the bank has increased by 9.8 percent year-on-year to Rs 12.44 lakh crore. The total deposits of the bank have increased by 8.1 percent to Rs 6.93 lakh crore.

IDBI Bank: The bank on October 04 reported a 15% year-on-year growth in its total business, which rose to Rs 4.78 lakh crore for the quarter ended September 2024. The bank's net advances saw a growth of 19 per cent to Rs 2.01 lakh crore from Rs 1.68 lakh crore in the same quarter last year.