Here are some of the stocks that may see significant price movement today.
Axis Bank: Axis Bank, a leading private lender, reported that its standalone net profit increased by 10% year on year to Rs 5,863 crore in the July-September quarter.
Tech Mahindra: Tech Mahindra recorded a consolidated net profit of Rs 494 crore in the second quarter, a decrease of around 62% y-o-y from the Rs 1,285 crore reported in the same quarter previous year.
Rallis India: Rallis India’s net profit for the September quarter was Rs 82 crore. The operating revenue was Rs 832 crore.
Jubilant FoodWorks: Jubilant FoodWorks, which controls the Domino’s pizza brand in India and a few other countries, reported a 39% decline in earnings to Rs 72 crore on Wednesday.
Sonata Software: Sonata Software’s net profit increased 3% year-on-year to Rs 124 crore in the July-September quarter. The revenue from operations fell 5% to Rs 1,913 crore.
Chalet Hotels: In the second quarter, Chalet Hotels’ net profit was Rs 36.4 crore. Revenue was Rs 314 crore over the same time.
Asian Paints, PNB, and Vodafone Idea: Asian Paints, Vodafone Idea, and PNB shares will be watched closely as the businesses will release their second-quarter results.
Muthoot Finance: According to the sources, Muthoot Finance sold a Rs 725 crore gold loan portfolio to Asset Reconstruction Company of India (Arcil) on a par basis.
Jio Financial: Jio Financial Services (JFSL), which was spun out from Reliance Industries (RIL) earlier this year, has seen its promoters increase their investment in the NBFC from 45.8% to 46.77% since its listing in August.
Indian Overseas Bank: The Government of India has appointed Kartikeya Misra as Director on the Board of Indian Overseas Bank, effective immediately and until further instructions. Annie George Mathew resigns from the bank’s board of directors with immediate effect.
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