Categories: Business

Axis Bank, Tech Mahindra, Torrent Pharma: Stocks to watch out for on Thursday

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As international worries continued to dent market sentiment, Indian equities ended weak for the fifth session in Wednesday’s (October 25) commerce. The 30-share BSE Sensex plunged 523 factors, or 0.81 per cent, to settle at 64,049. Then again, Nifty fell 159.6 factors, or 0.83 per cent, to 19,122 factors.

ZeeBiz will take you thru the record of shares which will acquire deal with Thursday:

Outcomes as we speak, October 26: ABSL AMC, ACC, Aavas Financier, Affle India, Asian Paints, DB Corp, Canara Financial institution, Colgate Palmolive, Westlife Foodworld, Dixon Applied sciences, Indian Financial institution, and Vodafone Concept, amongst others, will announce their outcomes for the second quarter (Q2 FY24) as we speak.

Axis Financial institution: Shares of the non-public lender will see traction after the banking main posted better-than-expected Q2 outcomes, with PAT recorded at Rs 5,864 crore within the quarter ended September.

Tech Mahindra: Shares of the tech firm may even be in focus after its quarterly numbers have been launched publish market hours on Wednesday. The massive-cap IT main posted a weak set of numbers with web revenue declining by 61.6 per cent year-on-year (YoY) in the course of the Q2 interval.

Sonata Software program: Shares of the small-cap IT companies agency might be on the radar after it reported its September quarter numbers on Wednesday. Consolidated web revenue on the agency grew to Rs 124 crore within the assessment interval as towards Rs 110 crore in the identical interval final yr.

Sona BLW Precision Forgings: The auto elements and gear firm will acquire the highlight after the corporate’s Q2 web revenue jumped to Rs 124 crore versus Rs 92.5 crore in the course of the corresponding interval of final fiscal.

Jubilant Foodworks: Shares of the QSR agency will see traction after its Q2 outcomes have been launched on Wednesday. The corporate’s standalone web revenue took successful YoY and got here in at Rs 72.2 crore as towards Rs 119 crore reported in the identical quarter final yr.

Company actions

Jay Bharat Maruti
Shares of the auto elements firm will commerce ex-split on Thursday within the ratio of 5:2.

KSolves
Shares of the corporate will commerce ex-dividend in respect of the 70 per cent dividend.

TCI Categorical
Shares of the logistics firm will commerce ex-dividend in respect of the interim dividend of 150 per cent.

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Amirul

CEO OF THTBITS.com, sharing my insights with people who have the same thoughts gave me the opportunity to express what I believe in and make changes in the world.