Stocks in focus today: The shares of KPIT Technologies, Dr Reddy’s laboratories, JSW Infrastructure, Indian Oil Corporation Ltd, Tata Motors and other companies are in focus on October 29, 2024, i.e, Tuesday. The stocks are in news as some of them gained while others lowered.
The stock Markets fell in early trade today due to relentless foreign fund outflows. The BSE Sensex declined over 400 points to 79,590.51, while NSE Nifty dropped 147.50 points to 24,191.65 at 11:06 am today. The trends showed that the above-mentioned shares were attracting huge search volumes.
KPIT share price
KPIT Technologies share price was trading 4 percent lower at Rs 1,330 at 10:45 am. The stock has underperformed in the last six months. The company which provides engineering research and development services to automotive companies recorded a downfall of 18 per cent in the past one month and 12 per cent in the last six months.
DR Reddy’s share price
The shares of Dr Reddy’s traded in the negative today morning. The stock went down by over 2.50 percent to 1,276.40. The decline in the share was a result of the stock getting split from face value of Rs 5 each into shares with face value of Re 1 each.
JSW Infra share price
JSW Infrastructure share soared over 9 per cent to Rs 127 at 10:51 am. The stock surged a day after the company declared its Q2 Results 2024-25 and registered a net profit jump of 40 percent to Rs 374 crore. The company’s total income increased to Rs 1,088.19 crore against Rs 895.48 crore in the second quarter of the previous fiscal. In its financials, it mentioned that the expenses were trimmed to Rs 534 crore from Rs 567.32 in the July-September quarter of 2023-24.
IOCL share price
A day after Indian Oil Corporation Ltd recorded a huge 98.6 per cent decline in net profit in the July-September quarter of 2023-24, the share price went down nearly 4 percent to Rs 141.41 at 10:58 am today. The state-owned company posted a standalone net profit of Rs 180.01 crore in the second quarter of the current financial year as compared to a profit of Rs 12,967.32 crore a year back.
Tata Motors share price
Tata Motors share price went down over 4 per cent to Rs 839.30 at 11:01 am today. In the last one month, the automobile stock has dropped around 14 percent and 16 percent in the last one month and six months respectively.
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Stocks to watch today: The shares of Tata Motors, JSW Infrastructure, Indian Oil Corporation Ltd, KPIT Technologies, Dr Reddy’s laboratories are trending on October 29, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
