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    Stocks in the news: Tata Motors, Coal India, Paytm, Hindalco, PB Fintech and BEL

    Synopsis

    Tata Motors, Pidilite , P&GHH, Star Health, Godrej Properties, Deepak Nitrite, 3M India, General Insurance, Bayer Cropscience and Piramal Enterprises are among the companies that will announce their results for September 2022 quarter today.

    Stock IdeasAgencies
    Stocks in buzz: Dr Lal Path Labs, Godrej CP, Jubilant Food, Lupin, PEL, Escorts, MRF, Birla Corp, Bosch, NCC, AB Capital, Greenply Industries and more
    Nifty futures on the Singapore Exchange traded 61 points, or 0.33 per cent higher at 18,408.5, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

    Tata Motors, Pidilite, P&GHH: Tata Motors, Pidilite Industries, Procter & Gamble Hygiene & Health, Star Health and Allied Insurance Company, Godrej Properties, Deepak Nitrite, 3M India, General Insurance Company, Bayer Cropscience and Piramal Enterprises are among the companies that will announce their results for September 2022 quarter today.

    Coal India: The state-owned coal miner reported a 106 per cent jump in its consolidated profit at Rs 6,043.99 crore in the September quarter of FY23 on higher revenue from operations. The pubic sector enterprise had posted a consolidated profit of Rs 2,932.73 crore in the year-ago period.

    Hindalco: Novelis Inc, the wholly-owned subsidiary of the Aditya Birla Group reported a 23 per cent fall in net income to $183 million for the quarter ended September 30. The company had posted a net income of $237 million in the corresponding period of the previous fiscal.

    Godrej Consumer Products: The FMCG major reported a decline of 25.06 per cent in its consolidated net profit at Rs 358.86 crore for the second quarter ended September. It had posted a net profit of Rs 478.89 crore in the July-September quarter a year ago.

    One97 Communications: The Digital financial services firm, which owns Paytm brand, reported widening of consolidated loss to Rs 593.9 crore in the second quarter ended September 30, 2022 The company had posted a loss of Rs 481 crore in the same period a year ago.

    PB Fintech: The Policybazaar parent posted a consolidated loss of Rs 186.63 crore for the quarter ended September 30, 2022, narrowing from a loss of Rs 204.44 crore in the corresponding quarter of the last fiscal. Revenue from operations at Rs 573.5 crore was up 105 per cent YoY.

    Dr Lal Path Labs: The diagnostic services provider said its consolidated profit after tax declined 24.8 per cent to Rs 72.4 crore in the second quarter ended September. The company had posted a profit after tax (PAT) of Rs 96.3 crore in the year-ago period.

    Bharat Electronics: The navratna defence PSU has signed a memorandum of understanding (MoU) with Delhi Metro Rail Corporation (DMRC) for jointly developing the indigenous communication-based train control system.

    Jubilant FoodWorks: The operator of fast-food chains Domino's Pizza and Dunkin' Donuts reported a 9.76 per cent increase in its consolidated net profit at Rs 131.52 crore for the second quarter ended on September 30, 2022The company had posted a net profit of Rs 119.82 crore in the July-September quarter a year ago.

    Ceat:
    The tyre maker said its consolidated net profit declined by 86 per cent to Rs 6 crore for the second quarter ended September due to higher expenses. The company had posted a net profit of Rs 42 crore in the July-September period of previous fiscal.

    Lupin: The drug firm said it has received approval from the US health regulator to market Doxycycline Capsules used to treat bacterial infections in the American market.

    Piramal Enterprises:
    The financial player said its board has approved raising of up to Rs 650 crore by issuing bonds. The size of the issue is up to Rs 50 crore with an option to retain over subscription of up to Rs 600 crore.

    Escorts Kubota:
    The farm equipment player's division Escorts Agri Machinery said it will increase tractor prices by 1-2 per cent next week. The price hike with effect from November 16 is to offset the impact of the cost inflation in both commodity and other costs.

    MRF: The tyre maker said its consolidated net profit declined by 32 per cent to Rs 130 crore for the second quarter ended September 30, on account of higher expenses. The company had posted a net profit of Rs 190 crore in the July-September quarter of the previous fiscal.

    Birla Corporation: The MP Birla group flagship company posted a loss of Rs 56 crore in the second quarter of the current fiscal against a net profit of Rs 86 crore in the same period previous financial year. Revenue of the company increased 19.3 per cent at Rs 2042 crore during the second quarter.

    Bosch: The auto component major reported a flat consolidated net profit of Rs 372.4 crore for the second quarter ended September 30. The company had posted a net profit of Rs 372 crore in the July-September quarter of the previous fiscal.

    NCC: The construction and infrastructure firm reported a 12.6 per cent rise in net profit at Rs 137.54 crore for the quarter ended September 30, 2022. The company had posted a net profit after tax of Rs 122.05 crore in the year-ago period.

    Aditya Birla Capital: The financial firm reported its highest-ever quarterly profit at Rs 488 crore on a consolidated basis for the quarter ended September 2022, up by 30 per cent from a year ago, led by growth momentum across businesses. It had posted a net profit of Rs 377 crore in the same period a year ago.

    Aptus Value Housing Finance India: The housing finance player reported a 52 per cent jump in its net profit at Rs 242 crore for the first half ended September 2022 of the current fiscal. The company had posted a net profit of Rs 159 crore in the April-September period of the previous financial year.

    Greenply Industries: The leading plywood maker reported a consolidated net profit of Rs 23.6 crore for the second quarter ended September 2022, a decline of 26 per cent over the corresponding quarter of the previous year. The company's profit suffered due to a challenging macro environment and rising timber prices.

    Ujjivan Small Finance Bank: The private lender reported its highest-ever quarterly profit at Rs 294 crore in the September quarter, led by a strong disbursal growth and fall in bad loans. The bank had posted a net loss of Rs 274 crore in the year-ago period.

    BLS International: The company engaged in visa, passport, e-governance and biometric services said it has reported an 86 per cent jump in its net profit to Rs 51 crore in the second quarter ended September 30 on the back of robust growth in visa and consular services. It had reported a net profit of Rs 27.46 crore in the year-ago quarter.

    Welspun India: The home textiles major reported a 95.86 per cent decline in its consolidated net profit to Rs 8.33 crore for the second quarter ended September 30, mainly due to high input costs. It had posted a consolidated net profit of Rs 201.50 crore in the July-September quarter a year ago.

    Arvind: The leading textile manufacturer reported an increase of 79.07 per cent in its consolidated net profit of Rs 125.02 crore for the September quarter helped by gains from exceptional items. The company had posted a net profit of Rs 69.58 crore in the year-ago period.

    Insecticides (India):
    The agrochemcials firm reported 7 per cent increase in consolidated net profit at Rs 44.83 crore for September quarter 2022-23. Its net profit stood at Rs 41.87 crore in the year-ago period.

    Usha Martin: The wire ropes manufacturer posted an over 7 per cent growth in its standalone net profit to Rs 45.09 crore during the quarter ended September. The company had clocked a net profit of Rs 42.05 crore during the July-September period of preceding fiscal.

    BSE:
    The premier exchange reported a 48 per cent fall in net profit at Rs 33.8 crore for the quarter to September from Rs 65.1 crore in the year-ago period as its operating margin fell to a fourth of the previous fiscal.

    Zydus Lifesciences: The drug firm said it has received approval from the US health regulator to market blood pressure lowering drug Bisoprolol Fumarate and Hydrochlorothiazide tablets in the American market.

    Sintex Industries: The Textiles maker reported widening of consolidated net loss to Rs 277.93 crore for September quarter 2022-23. The company had incurred a net loss of Rs 181.92 crore during July-September period a year ago.

    Bajaj Electricals: The electrical equipments maker reported a marginal decline in its consolidated net profit to Rs 62 crore for the second quarter ended September 30, mainly due to revenue degrowth and high-cost inventories. The company had posted a net profit of Rs 62.55 crore during the July-September quarter of the previous fiscal.

    Gulf Oil: The lubricant maker reported an 11 per cent decline in profit after tax (PAT) to Rs 52.14 crore in the September 2022 quarter. The company had posted a profit of Rs 58.70 crore in Q2 FY22.

    Cholamandalam Financial Holdings:
    The Murugappa Group company's NBFC reported standalone profit for the quarter ending September 30, 2022 at Rs 22.23 crore. It had registered standalone net at Rs 21.42 crore during corresponding quarter previous year.

    Salasar Techno Engineering:
    The EPC player has posted a 25 per cent fall in its consolidated net profit to Rs 7.51 crore in the September quarter on account of increased expenses. The company had clocked a net profit of Rs 10.02 crore in the July-September period of the preceding fiscal.

    PTC India:
    The Power Trading player said it has received overwhelming response from clean energy players to supply 3,500 MW renewable power, higher than the 1,000 MW the company had sought. This is a first-of-its-kind development in the Indian power market.

    Zee Media Corporation: The media player reported narrowing of its consolidated net loss at Rs 12.08 crore for the second quarter ended September. The company had posted a net loss of Rs 102.67 crore during the July-September quarter of FY22.

    HCL Infosystems: The IT company posted a consolidated loss of Rs 10 crore in the second quarter ended September. The company had posted a consolidated profit of Rs 13 crore in the same period a year ago.

    HT Media:
    The media player reported a consolidated net loss of Rs 167.75 crore for the second quarter of the current financial year. The company had posted a net profit of Rs 29.91 crore during the July-September quarter of the previous fiscal.

    Rajesh Exports: The world’s largest gold Company is foraying into Advanced Technology Solutions with a focus on Energy Storage Solutions after its selection for PLI Scheme for production of Advanced Chemistry Cells. It has incorporated a 100% Subsidiary in the name of ACC Energy Storage.

    Lancer Container Lines:
    The logistics solutions company has posted net profit of Rs 15.86 crores for the quarter ended September 30, 2022 as against Rs 13.29 Cr for the quarter ended June 30, 2022. It has reported total income of Rs 229.2 crores for Q2FY23.




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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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