Stocks to watch: News came in quick succession on Wednesday - will have an impact on stocks on Thursday morning
Zydus Wellness Share: The company's stock rose 1.5 percent to close at Rs 1875. NATURELL (INDIA) is buying PVT LTD for Rs 369 crore.
DCM SHRIRAM Q2 profit has increased from Rs 32.2 crore to Rs 63 crore. That is, there has been an increase of about 96 percent in profit. At the same time, the income has increased from Rs 2,825.4 crore to Rs 3,130.1 crore.
Zaggle Prepaid Ocean Services Ltd Share: The company's share closed at Rs 439. The company's board meeting has approved raising Rs 950 crore
TATA POWER Q2 Results: The company has announced quarterly results. Profit has increased on an annual basis. As compared to the July-September quarter of the financial year 2023-24, the profit has increased from Rs 875.5 crore to Rs 926.5 crore in the July-September quarter of the financial year 2024-25. Income has increased from Rs 15,738 crore to Rs 15,697.7 crore. Margins have increased from 19.6% to 23.9%.
L&T Q2 Results: The company's profit has increased. Profit has increased on an annual basis. As compared to the July-September quarter of the financial year 2023-24, the profit has increased from Rs 3,223 crore to Rs 3,395.3 crore in the July-September quarter of the financial year 2024-25. Income has increased from Rs 51,024 crore to Rs 61,554.6 crore. Margins have fallen from 11% to 10.3%.
WIPRO has signed an agreement with MICROSOFT & SAP.
BIOCON Q2: Profit has come down from Rs 172 crore to Rs 27.1 crore. Income has increased from Rs 3,462 crore to Rs 3,590.4 crore. EBITDA margin has come down from 21% to 19.1%. Bangalore unit of BIOCON subsidiary gets VAI from US FDA
ADANI POWER signed a power supply agreement with Maharashtra State Electricity Distribution Company. The company informed the stock market about this after the market closed on Wednesday.
AUTOMOTIVE AXLES Q2 has informed that its profit has come down from Rs 45 crore to Rs 36 crore as compared to last year. That is, it has seen a decline of 20 percent on a year-on-year basis. The same income during this period has come down from Rs 584.4 crore to Rs 494.6 crore
Yatharth Hospital has bought 60 percent stake in MGS Infotech. This deal is worth Rs 91.2 crore.
Karur Vysya Bank has informed that CARE has given the rating of Care A1 Plus to the short term FD of Rs 12 thousand crore and Care Double A Stable to the FD.
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