@StockMarketNEWS Thu 29 Oct, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
Except it and energy, all other sectoral indices ended lower led by fmcg, pharma, metal and auto. bse smallcap index shed 0.5 percent.
Maruti Suzuki share price slips 2% post Q2 numbers
Revenue during the quarter jumped 10.4 percent to rs 18,744.5 crore compared to the year-ago period.
Ajanta Pharma shares gain 4% on share buyback plans
The scrip witnessed spurt in volume by more than 1.05 times and was trading with volumes of 5,665 shares, compared to its five day average of 5,171 shares, an increase of 9.54 percent.
Axis Bank shares rise on Q2 profit of Rs 1,683 crore; CLSA retains buy
The private sector lender on october 28 reported a net profit of rs 1,683 crore for q2fy21 as against a net loss of rs 112 crore in q2fy20. the bankâ??s
operating profit for the quarter grew 16 percent yoy and 18 percent qoq to rs 6,898 crore.
PI Industries shares up 2% after Q2 profit jumps 76% to Rs 217 crore
Sales of pi industries was up 27.58 percent to rs 1157.70 crore in the quarter ended september 2020 as against rs 907.40 crore during the previous quarter ended september 2019.
Dr Reddys Labs shares jump after Credit Suisse maintains outperform rating, expects earnings momentum to continue
Credit suisse is of the view that q2 was better than expected with strength driven by us sales. earnings momentum should continue with more limited competition launches.
CanFin Homes shares gain 2% after Q2 profit jumps 31% to Rs 128 crore
Sales of the company was up 4.98 percent to rs 525.41 crore in the quarter ended september 2020 as against rs 500.50 crore during the previous quarter
ended september 2019.
Earnings boost: Route Mobile shares spike 25% in three days to hit record high
In the half year ended september 2020, its profit more than doubled to rs 60 crore compared to rs 26 crore yoy and revenue grew by 54.5 percent to rs 658.9
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