Here'a look at stocks that are likely to remain in news today.
Electronics Mart India: Shares of the electronics retailer will be listed at the bourses on Monday. The company sold its shares between October 4-7 to for Rs 59 apiece to raise 500 crore via its initial stake sale. The company was commanding a strong premium in the grey market ahead of its listing.
HDFC Bank: The largest private lender reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore. The Mumbai-headquartered lender had reported a consolidated net profit of Rs 9,096.19 crore in the year-ago period.
Share Market News Today Live: Sensex, Nifty set to open lower amid weak global cues
Bajaj Auto: The two-wheeler maker logged a 16 per cent fall in its consolidated net profit to Rs 1,719 crore for the September quarter, hit by a 25 per cent dip in overseas shipments. The Pune-based company had posted a consolidated net profit of Rs 2,040 crore in the July-September quarter of the previous fiscal.
Avenue Supermarts: The D-Mart retail chain owner logged a 64.13 per cent rise in its consolidated net profit at Rs 685.71 crore in Q2 as the average basket values continue to be elevated. The company had posted a net profit of Rs 417.76 crore in the corresponding quarter a year ago.
Adani Enterprises: The Adani Group's flagship company will acquire SIBIA Analytics and Consulting Services, a Kolkata-based advanced analytics and machine learning company, for an undisclosed amount.
Shree Cement: The cement maker logged a 67.5 per cent fall in consolidated net profit to Rs 183.24 crore in Q2, impacted by higher power and fuel cost. The company had posted a consolidated net profit of Rs 563.94 crore in the same quarter last fiscal.
Tata Elxsi: The Tata Group's company has logged a 39.3 per cent year-on-year growth in profit at Rs 174.2 crore in Q2, supported by topline. Revenue rose 28.2 per cent YoY to Rs 763.2 crore in Q2FY23.
Federal Bank: The private lender logged a 50 per cent rise in its September quarter consolidated net profit at Rs 733.34 crore on the back of healthy growth in both interest and other income streams. The Kerala-based private sector lender reported a 52 per cent rise in standalone net profit at Rs 703.71 crore.
Larsen and Toubro Infotech: The IT company reported 23 per cent rise in its consolidated net profit at Rs 679.8 crore in Q2 against a net profit of Rs 551.7 crore in the same period a year ago.
Aditya Birla Capital: The lenders to debt-ridden Reliance Capital have allowed the financial services player to place its bid to acquire a stake in Reliance Nippon Life Insurance Company (RNLIC). RNLIC is a subsidiary of debt-ridden Reliance Capital which is undergoing the insolvency resolution process.
Reliance Industrial Infrastructure: The Mukesh Ambani led infra firm logged a 11.4 per cent fall in the second quarter net profit on flattish revenue. Net profit at Rs 2.26 crore in July-September was 11.4 per cent lower than Rs 2.55 crore profit in the same period last year.
Inox Wind: The company's board of directors on October 19 will consider raising of funds through issuance of securities including but not limited to non-convertible securities under private placement basis within the overall borrowing limits.