Updated : 2020-11-09 07:14:42
The Indian market is likely to open higher on Monday on positive global cues after Democrat Joe Biden defeated Donald Trump in the presidential elections. Sustained foreign capital inflow into the domestic market may also lift sentiment. At 7:00 am, the SGX Nifty was trading 184.00 points or 1.50 percent higher at 12,449.50, indicating a positive start for the Sensex and Nifty50.
Maruti Suzuki |The company’s total October passenger vehicle production rose 50.7 percent to 1.76 lakh from 1.17 lakh, YoY. (Image: Reuters)
ITC | The company’s net profit in Q2FY21 fell 19.7 percent to Rs 3,232.4 crore from Rs 4,023.1 crore while revenue rose 0.9 percent from Rs 11,976.8 crore from Rs 11,871.5 crore, YoY. EBITDA decreased 11 percent to Rs 4,060 crore from Rs 4,562.5 crore and EBITDA margin declined to 33.9 percent from 38.4 percent, YoY.
Biocon | The company’s arm Biocon Biologics approved a $150 million fund injection from Goldman Sachs.
Aurobindo Pharma | The company has completed the acquisition of MViyeS Pharma Ventures.
Cipla | The company’s consolidated net profit in Q2FY21 rose 37.8 percent to Rs 661.8 crore from Rs 480 crore while revenue increased 14.6 percent to Rs 5,038.3 crore from Rs 4,395.8 crore, YoY.
Adani Gas | The company has entered into a strategic collaboration to explore clean energy solutions with Italy-based Snam.
Vedanta | The company’s consolidated net profit in Q2FY21 fell 61.8 percent to Rs 824 crore from Rs 2,158 crore while consolidated revenue declined 3.9 percent to Rs 21,107 crore from Rs 21,958 crore, YoY. (Image: Reuters)
Ashok Leyland | The company reported a consolidated net loss of Rs 146.7 crore in Q2FY21 as against a profit of Rs 38.9 crore, YoY. Consolidated revenue declined 27.8 percent to Rs 2,836.6 crore from Rs 3,929.5 crore, YoY.
SAIL | The company reported a net profit of Rs 436.5 crore in Q2FY21 as against a loss of Rs 286 crore, YoY. Revenue increased 19.8 percent to Rs 16,925.5 crore from Rs 14,129, YoY.
BHEL | The company posted a net loss of Rs 552 crore in Q2FY21 as compared to a profit of Rs 121.7 crore, YoY. Revenue fell 40.6 percent to Rs 3,696 crore from Rs 6,226.9 crore, YoY. (Image: Company)
United Breweries | The company’s net profit in Q2FY21 fell 96.5 percent to Rs 4 crore from Rs 115 crore while revenue fell 40.9 percent to Rs 933.2 crore from Rs 1,578.6 crore, YoY.
BEL | The company’s net profit in Q2FY21 rose 17 percent to Rs 397 crore from Rs 339 crore while revenue increased 16.3 percent to Rs 3,188.7 crore from Rs 2,742.7 crore, YoY.
Divi’s Laboratories | The company’s net profit in Q2FY21 rose 45.6 percent to Rs 519.6 crore from Rs 357 crore while revenue increased 21 percent to Rs 1,749.3 crore from Rs 1,445.6 crore, YoY.
Union Bank of India | The bank reported a net profit of Rs 517 crore in Q2FY21 as against a net loss of Rs 1,194 crore, YoY. Net interest income grew by 6.1 percent to Rs 6,293 crore from Rs 5,934 crore, YoY.
Lakshmi Vilas Bank | The bank’s net loss widened to Rs 397 crore in Q2FY21 from Rs 357.2 crore, YoY. Net interest income fell 27.5 percent to Rs 79.5 crore from Rs 109.7 crore, YoY.
Tata Consumer Products | The company’s net profit in Q2FY21 rose 33.1 percent to Rs 257 crore from Rs 193.2 crore while revenue increased 18.5 percent to Rs 2,781.3 crore from Rs 2,347.1 crore, YoY.
Earnings | Oil India, IndiaMART InterMESH, Bayer Cropscience, Delta Corp, Dredging Corporation of India, Equitas Small Finance Bank, Honeywell Automation, JK Cement, NOCIL, Parag Milk Foods, PC Jeweller, PSP Projects, PTC India, Sun Pharma Advanced Research Company, SREI Infrastructure Finance, VIP Industries, Zuari Agro Chemicals among others.
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