Market cues: Stocks, events to watch out for on November 8, 2021
PayTM IPO opens today Indusind clarifies on whistleblower complaints
by Vivek Iyer · Times Now · JoinKey Highlights
- Britannia to deliver Q2 results today
- ESCORTS & PNB in F&O ban
EVENTS
IPOs
Paytm IPO opens
F&O DATA
F&O Ban
ESCORTS
PNB
FII in F&O
Index futures net buy `3.7cr
Index Options net sell`1756cr
Stock futures net sell`200cr
Stock options net buy '20cr
Total FII net sell `1934cr in F&O
RESULTS TODAY
Nifty
Britannia Industries
Others
Shyam Metalics
Sobha Limited
Wockhardt Ltd
Karur Vysya Bank
Balrampur Chini Mills
Sundaram Finance
V-Mart Retail
Aurobindo Pharma
BULK/BLOCK DEALS
Minda Corp
WHV-EAM International small cap equity fund sold 15.5lk shares @ 174.6
Nazara Tech
WHV-EAM International small cap equity fund sold 1.6lk shares @ 2301.5
RESULTS POST MARKET HOURS
Divis Lab Q2FY22
Conso Rev at `1987.5Cr vs `1749.3Cr YoY
PAT at `606.5Cr vs `519.6Cr YoY
EBITDA at `818.1Cr vs `741.1Cr YoY
Margin at 41.2% vs 42.4%
Eicher
Cons rev from ops `2249.5cr vs `2133.6cr yoy
PAT `373cr vs `343cr yoy
EBITDA `470cr vs `471cr yoy
EBITDA Margin 21% vs 22%
Centrum Capital
NII `16cr vs `16cr yoy
Loss `17cr vs Loss `7cr yoy
Uflex
Cons rev from ops `3027cr vs `2229cr yoy
PAT `171cr vs `222cr yoy
EBITDA `416cr vs `468cr yoy
EBITDA Margin 13.7% vs 21%
Bata
Cons rev from ops `614cr vs `368cr yoy
PAT `37cr vs Loss `44cr yoy
TCPL
Cons Rev from ops `248cr vs `240cr yoy
PAT `11cr vs `10.5cr yoy
Gujarat Alkalies and chemicals
Cons rev from ops `826cr vs `638cr yoy
PAT `75cr vs `66cr yoy
DHANLAXMI BANK Q2
PAT at `3.66 cr vs `14.01 cr YoY: Agencies
Provisions and contingencies at `22.4 cr vs `4.29 cr YoY: Agencies
Gross NPA at 8.67% VS 9.27% QoQ:Agencies
Net NPA at 4.92% vs 4.58% QoQ: Agencies
STOCKS IN NEWS
IndusInd Bank
IndusInd Bank on Bharat Financial (BFIL)
84,000 loans disbursed without customer consent in May, 2021
84,000 loans disbursed due to a technical glitch
Issue highlighted by field staff within two days
Technical glitch rectified immediately
Bank carries necessary provision against portfolio
An independent review initiated by bank
Independent review to check process lapse or accounting failure
Bank following conservative provisioning
No change in credit loss estimates including MFI biz
Bank strongly denies allegations of “evergreening”
Restructured loan under applicable regulatory guidelines
Lupin
Launches authorized generic version of Antara in the United States
BAJAJ Global
Approved appointment of Saloni Mishra as CFO wef 3rd November, 2021
HDFC Life
CCI approved the proposed acquisition of Exide Life
PNB Bank
Revised repo rate lending rate from changed from 6.55% to 6.50% w.e.f. 08.11.2021
Gujarat Alkalies
Unexpected surge in the prices of construction materials and shortage of manpower has led to disruptions in work resulted in slower progress in the completion of the projects further by about 2 months
HCL Tech
Launches Dedicated AWS Business Unit to Accelerate Enterprise Cloud Transformation
TATA Consumer
TRIL Construction Ltd to become a unit of the company
To further invest Rs 70cr in said company
SUN PHARMA/FROM AGENCIES
2 US-based units sign settlement pacts in generic pharma pricing antitrust litigation
Units to pay $85 mn in exchange for full release of all claims asserted against them
KARUR VYSYA BANK/FROM AGENCIES
Revises one year MCLR to 8.10% from 8.15% with effect from Nov 7
OTHER NEWS
GLOBAL NEWS/FROM AGENCIES
Pfizer to seek US nod for COVID pill after strong trial data
Pfizer drug cut COVID-19 hospitalisations by 89% in trial
FROM AGENCIES
Dish TV says on police notice to yes bank pending probe
Dish TV: Police restricts yes bank from dealing in co’s shrs
‘Maruti Suzuki India keeping close watch on commodities' price movement to fix vehicle prices': PTI
Logistics firm TCI Express planning drone deliveries by FY22-end: PTI
Data breach at CDSL's KYC arm exposed 4.39 cr investors' data twice within 10 days: CyberX9
FII/DII DATA (Provisional Data)
FIIs net sold 328cr worth of shares on November 4 (prov)
DIIs net bought 38 cr worth of shares on November 4