New Delhi: The Sensex on Tuesday closed 363.99 points higher at 80,369.03 while the Nifty was up 127.70 points to 24,466.85. Out of the 30 shares in the Sensex, 16 stocks ended higher. Here are stocks that are likely to remain in focus on October 30, 2024:
Adani Enterprises: The Adani flagship company reported an 8X rise in Q2 net profit to Rs 1,741 crore, up 663 per cent from Rs 228 crore in the year-ago period.
Cipla: The drugmaker’s Q2 net profit rose 17 per cent to Rs 1,303 crore from Rs 1,115 crore in the year-ago period.
Federal Bank: The lender’s stock closed 9 per cent higher on Tuesday as its Q2 net profit rose 11 per cent to Rs 1,057 crore.
Fortis Healthcare: The company received competition watchdog CCI’s nod to acquire an additional stake equalling 31.52 per cent stake in Agilus Diagnostics.
HUDCO: The state-owned company’s Q2 net profit surged 52 per cent to Rs 688.62 crore from Rs 451.65 crore in the year-ago period.
Indian Oil: The oil major’s Q2 net profit plunged 98.6 per cent led by inventory losses despite a strong operating performance, according to an official.
JSW Group: The steel major inked an agreement with South Korean-giant POSCO Group to develop a 5 MTPA plant in India
Marico: The FMCG major’s Q2 net profit rose 20.27 per cent to Rs 433 crore from Rs 360 crore in the year-ago period, according to an exchange filing.
Maruti Suzuki India: The carmaker reported an 18 per cent decline Q2 net profit to Rs 3,102 crore from Rs 3,786 crore in the year-ago period, while its quarterly revenues rose to Rs 37,449 crore from Rs 37,339 crore in the year-ago period.
NTPC: The state-owned power infra company commissioned the commercial operations of a solar plant in Shambu ki Burj -2 (Kolayat) of 32.90 MW capacity in Bikaner, Rajasthan.
Oil cos: State-owned oil marketing companies raised dealer commission to 65 paise a litre on petrol and 44 paise per litre per diesel. Consumers in Odisha, Chhattisgarh, and Himachal Pradesh are likely to rationalisation of intra-state freight rates.
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Stocks in News Today: From Adani Enterprises to RIL, here are stocks that are likely to remain in focus on Wednesday, October 30, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
