Stocks inside the information HDFC Bank Persistent

Results on Monday: Asian Paints, CCL Products (India), Schaeffler India, Sundaram Finance Holdings, Hatsun Agro Product, Alembic Pharmaceuticals, Welspun India, Can Fin Homes, Manali Petrochemicals, Oberoi Realty, Kalyani Steels, Kalyani Investment Company, Hindustan Oil Exploration Company, Maharashtra Scooters, Omax Autos, Genus Power Infrastructures, GlaxoSmithKline Pharmaceuticals, Oriental Hotels, Hindustan Zinc, DCM Financial Services, INOX Leisure, Kansai Nerolac Paints, Jubilant Life Sciences, Lumax Industries, Lakshmi Machine Works, Sicagen India

HDFC Bank Q2: Profit grows 20.6 percent to Rs five, half.73 crores versus Rs four,151 crores; net interest profits will increase 20.6 percent to Rs eleven,763.41 crore YoY. Gross NPA flat at 1.33 percent QoQ.
Results on Monday: Asian Paints, CCL Products (India), Schaeffler India, Sundaram Finance Holdings, Hatsun Agro Product, Alembic Pharmaceuticals, Welspun India, Can Fin Homes, Manali Petrochemicals, Oberoi Realty, Kalyani Steels, Kalyani Investment Company, Hindustan Oil Exploration Company, Maharashtra Scooters, Omax Autos, Genus Power Infrastructures, GlaxoSmithKline Pharmaceuticals, Oriental Hotels, Hindustan Zinc, DCM Financial Services, INOX Leisure, Kansai Nerolac Paints, Jubilant Life Sciences, Lumax Industries, Lakshmi Machine Works, Sicagen India

HDFC Bank Q2: Profit grows 20.6 percent to Rs five,1/2.73 crore versus Rs 4,151 crore; net hobby earnings will increase 20.6 percent to Rs 11,763.41 crore YoY. Gross NPA flat at 1.33 percentage QoQ.
Alero Dermaceuticals, JV between Alembic Pharma and Orbicular Pharmaceutical, has efficaciously cleared its first United States Food and Drugs Administration (USFDA) inspection.

Persistent Systems Q2: Profit rises to Rs 88.14 crore instead of Rs 87.35 crore; sales will increase to Rs 835.55 crore versus Rs 834.28 crore (QoQ).

Bhageria Industries Q2: Profit jumps to Rs 28.21 crore versus Rs 10. Sixty-five crores; revenue rises to Rs 126.Sixty-two crores as opposed to Rs 91.Seventy-six crore (YoY)

Piramal Enterprises: The company strongly refutes all baseless rumors of any type/form floating around with recognizing its real property loan portfolio groups.

Tata Steel: Wholly owned oblique subsidiary of the employer, TS Global Minerals Holdings Pte Ltd entered into a settlement to divest its complete stake in its absolutely owned step down subsidiary Black Ginger 461 Pty Ltd, which in flip holds 64 percent in Sedibeng Iron ore Pty Ltd, South Africa that is the operating business enterprise. The stake has been divested to IMR Asia Holding Pte Ltd, a collection agency of IMR Metallurgical Resources AG (‘IMR’), a global metals and mining group based in Switzerland.

Bhansali Engineering Polymers Q2: Profit falls to Rs sixteen.88 crore as opposed to Rs 25.10 crore; sales jump to Rs 349.Ninety-eight crore as opposed to Rs 247.94 crore YoY.

SBI Life Insurance Q2: Profit rises 11 percent to Rs 250.53 crore versus Rs crore; new business premium increases nine percentage Rs 2,221.Ninety-two crore YoY.

Biocon: European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion recommending approval of Ogivri forty-one, a biosimilar to Roche’s Herceptin (trastuzumab).

Sadhana Nitrochem Q2: Profit surges to Rs 28. Seventy-four crore versus Rs zero.83 crore; revenue jumps to Rs eighty-four. 13 crores versus Rs 15. Sixty-eight crore YoY.

Lupin: Lupin Neurosciences, a forte pharma department stated Committee for Medicinal Products for Human Use (CHMP), the scientific committee of the European Medicines Agency (EMA), has followed a high-quality opinion recommending the advertising and marketing authorization of NaMusclaim (mexiletine hydrochloride) for the symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) issues.

Wockhardt: CARE revised agency’s rating for lengthy-time period financial institution facilities (fund primarily based) as BBB-; Negative from A; Negative and brief time period financial institution centers (non-fund based totally) as A3 from A1.

SH Kelkar and Company: Ratul Bhaduri resigned as Executive VP and Group CFO of the organization.

SKF India: Board meeting is scheduled to be hung on October 24 to do not forget unaudited financial effects for the sector and six months ended September 2018; and a proposal for buyback of completely paid-up Equity Shares of the enterprise.

ICICI Securities Q2: Profit increases to Rs 132.6 crore versus Rs 129.5 crore; revenue rises to Rs 457.Eight crores as opposed to Rs 455.3 crore YoY.

Reliance Power: Wholly owned subsidiary Sasan Power gained an arbitration award against North American Coal Corporation (NACC). NACC’s declare of around $32 million (around Rs 235 crore) along with liquidated damages, interest, and prison cost has been dismissed.

Container Corporation: Company signed an agreement with Kribhco Infrastructure.

Bulk Deals

Indiabulls Housing Finance: William Blair Emerging Markets Growth Fund bought 24,79,838 stocks of the company at Rs 691.84 in step with proportion on the NSE.

Repco Home Finance: Taiyo Greater India Fund bought four,27,000 stocks of the organization at Rs 312.7 in keeping with the share on the NSE.

Cantabil Retail: Shankar Growth Fund sold 1,02,805 stocks of the enterprise at Rs 132.36, in line with the percentage at the NSE.

(For extra bulk deals, click right here)

Analyst or Board Meet/Briefings

Ashika Credit Capital: Company announced a postponement of board assembly on November 6.

Tata Sponge Iron: The board meeting is scheduled for October 24 to forget the possibilities for an increase and consequent alternatives for investment.

Oberoi Realty: Conference name to be hung on October 23 to discuss Q2FY19 results and business updates.

Welspun India: Conference name to be hung on October 23 to talk about Q2FY19 outcomes.

Indiabulls Ventures: Board assembly is scheduled for October 24 to do not forget the preferential difficulty and its rate for the employer’s equity shares to the positive foreign investor(s).

Mahindra Logistics: Conference name is scheduled to be hung on November 2 with numerous analysts/ institutional traders/ budget to brief them at the unaudited standalone and consolidated financial outcomes for Q2FY19.