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The home fairness market closed decrease on Thursday. Sensex fell 143 factors to finish the session at 64,832 and Nifty misplaced 48.20 factors to settle at 19,395.
Right here’s a take a look at shares which can be more likely to stay in information at this time.
Tata Motors
Scores company Moody’s has upgraded Tata Motors Restricted’s company household ranking (CFR) to Ba3 from B1. Tata Motors senior unsecured devices scores have additionally been raised to Ba3 from B1. The scores company has maintained a constructive outlook on all scores.
Suven Pharma
Suven Pharma reported a ten p.c year-on-year (YoY) rise in consolidated internet revenue to Rs 79.5 crore in Q2 of this fiscal in opposition to a revenue of Rs 72 crore in the identical interval final 12 months. Income got here in at Rs 231.1 crore, falling 17 p.c from Rs 278.4 crore within the year-ago interval.
Ashok Leyland
Ashok Leyland’s board has cleared an funding of Rs 1,200 crore in its EV arm Change Mobility for capital expenditure, R&D and assembly operational necessities within the UK in addition to in India. The funds will likely be infused over the subsequent few months after vital statutory approvals in a number of tranches, Ashok Leyland mentioned.
Aurobindo Pharma
Aurobindo Pharma reported a 85 p.c year-on-year rise in consolidated internet revenue to Rs 757crore for the July-September quarter of the present monetary 12 months in opposition to a revenue of Rs 410 crore in the identical interval final 12 months. Income climbed 25.7% to Rs 7,219.4 crore from Rs 5,739.3 crore a year-ago.
Piramal Enterprises
Piramal Enterprises reported a internet revenue of Rs 48 crore for the July to September quarter of the present fiscal. The corporate reported a internet lack of Rs 1,537 crore for the quarter ended September 30, 2022. The non-banking monetary firm’s (NBFC) income from operations rose 16% to Rs 2,193 crore throughout the quarter underneath evaluation, in comparison with Rs 1,893.71 crore in the identical quarter a 12 months in the past.
Welspun Enterprises
Welspun Enterprises Ltd (WEL) posted a 48% fall in its consolidated internet revenue to Rs 69.01 crore throughout the September quarter. It had clocked Rs 132.98 crore internet revenue throughout the July-September interval of previous 2022-23 fiscal. Whole revenue rose to Rs 692.65 crore in opposition to Rs 552.92 crore within the year-ago quarter. Its bills additionally elevated to Rs 595.61 crore from Rs 512.29 crore a 12 months in the past.
Jet Airways
Jet Airways has delayed the announcement of its Q2 outcomes for fiscal 2023-24 (Q2FY24) on account of ‘some unavoidable circumstances’. The debt-ridden airline mentioned the September quarter earnings couldn’t be adopted by the ‘Monitoring Committee’ within the assembly held on Thursday, November 9.
Ircon Worldwide
The corporate logged a 44% rise in internet revenue at Rs 250.8 crore within the September quarter of FY24 in opposition to a internet revenue of Rs 174.2 crore within the year-ago interval. Whole revenue rose to Rs 3,136.3 crore in Q2 from Rs 2,305.9 crore in the identical quarter final 12 months. The overall order ebook of the corporate stood at Rs 32,152 crore as on September 30.
Bajaj Hindusthan
Bajaj Hindusthan Sugar logged a consolidated internet lack of Rs 122.87 crore in Q2 in opposition to a internet lack of Rs 162.37 crore. The Bajaj Group (Kushagra) firm mentioned that its complete revenue fell to Rs 1,163.30 crore within the July-September interval of fiscal 12 months 2023-24, from Rs 1,329.99 crore within the corresponding interval of the earlier 12 months.
REC
State-owned REC has agreed to supply funds value Rs 30,000 crore to RailTel Corp. of India. The settlement, inked by way of a memorandum of understanding (MoU) will assist varied tasks over the subsequent 5 years, together with telecom, IT providers, and railway signaling methods, and the KAVACH practice collision prevention system.
Zee Leisure
Media and leisure firm Zee Leisure Enterprises reported a 9% year-on-year rise in its consolidated internet revenue to Rs 123 crore. Working income rose to Rs 2437.8 crore as in comparison with Rs 2023.9 crore a 12 months in the past.
Additionally learn: Top 10 stocks to watch on November 10, 2023: Eicher Motors, M&M, ONGC, HAL, Dabur, IRFC and more
Additionally learn: ASK Automotive allotment status: Check application, latest GMP and listing date
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