With the earnings season nearing its end, several companies are about to announce their financial results for the quarter ended Sept. 30, 2024. On Thursday, as many as 1,207 companies will declare their second quarter results.
Around 760+ companies like Filmcity Media Ltd., Nakoda Group of Industries Ltd., Phoenix Township Ltd., and Sunteck Realty Ltd., will declare their first-quarter earnings on Wednesday. Find here the full list of companies that will declare their quarterly results on Wednesday.
GMR Airports Infrastructure Ltd's step-down subsidiary has secured ₹3,215 crore to part finance the Phase I development of Bhogapuram Int'l Airport. Indian Renewable Energy Development Agency Ltd has launched a retail division to provide loans to borrowers in PM-KUSUM scheme, Rooftop Solar & B2C sectors. Adani Energy Solutions Ltd's CEO appointed CEO of Adani Infrastructure India Ltd. Bank of India raised ₹4,500 crore via QIP issue. Tata Motors increased commercial vehicles' price by 3%. Subros bagged ₹25 cr order from Indian Railways. SP Apparels approved purchase of Young Brand Apparel, transfer of leasehold rights & land. JSW Steel Ltd a member of DJSI World & Emerging Markets Index. ONGC awarded contract to Mazagon Dock Shipbuilders for ₹1,145.10 cr. REC Ltd signed 200 mn Euro loan agreement with KfW. Greenlam South Ltd acquired 86 acres land for ₹24 cr. Torrent Power signed amendment agreement for 4 MWp Solar Power. Dr Reddy's Labs FDA completed GMP & PAI at R&D centre. Max Healthcare acquired Starlit Medical Centre for ₹940 cr. Vinati Organics started commercial production of OSBP & DSBP. Lemon Tree Hotels signed Lemon Tree Hotel, Kundapura. Ramco Cements de-bottlenecked Pyro Processing System. TCML approved MoU with Asset Homes TCM Townships for ₹25 cr loan. Bondada Engg received authorisation for ₹18.04 cr work order. Parmax Pharma ascertaining loss due to fire accident. TCPL Packaging acquired 43,800 shares of COPPL. Mega Nirman & Industries participated in Uttrakhand Investor Summit. RACL Geartech received nomination for supply of gears for pedal assisted electric bicycles. Imagicaaworld Entertainment signed MoU with Uttarakhand Govt. Ahasolar Technologies received contract for RE Portal from Gujarat Energy Development Agency. Hypersoft Technologies to invest ₹80 lakh in mutual funds.
BASML to sell textile sub, garment unit & Perundurai land to SP Apparels; funds to reduce borrowings. SV Arumugam negotiating; SP Apparels to acquire YBAPL & Palladam Garment unit to improve synergies & customer base. #BASML #SPApparels #YoungBrandApparels #PerunduraiBASML to sell textile sub, garment unit & land to SP Apparels to reduce borrowings. SP Apparels to acquire YBAPL & Palladam Garment unit for synergies & customer base. #BASML #SPApparels #YoungBrandApparels #Perundurai
Buzzing stocks: HCL Technologies, NBCC India, ITC, Adani Ports, UltraTech Cement, Equitas SFB, AU Small Finance Bank, Emkay Global, Seamec, Taylormade, Bombay Burmah, SW Solar, Amal, Bodhi Tree Multimedia, Cyient, ICICI Prudential Life Insurance, International Travel House, Orient Hotels, Orient Green Power, Reliance Industrial Infra and Sheetal Cool Products
The companies come up with rights issue when they want to raise additional funds from the existing shareholders. In the rights issue, the company makes an offer to its current shareholders to buy additional equity in the company at a discounted rate or rights issue price during the rights issue offer period.
The key support levels for the Nifty are placed at 15,397.1, followed by 15,358.5. If the index moves up, the key resistance levels to watch out for are 15,472 and 15,508.3.