Dipan Mehta, Director of Elixir Equities, expresses disappointment in the current earnings season, particularly highlighting the automotive sector’s cyclical downturn. He advises holding onto stocks without increasing investment, and caution against new IPOs like Swiggy amidst market uncertainties. For companies like Ola Electric, he suggests waiting for clear profitability signals before considering investment.
Cipla posts record EBITDA margin, revenue growth slows in key India market, shares in focus (30-10-2024)
Cipla Limited reports its highest-ever quarterly EBITDA margin of 26.7 per cent for Q2 FY25, despite slower growth in its domestic market
Stock market update: Sugar stocks up as market falls (30-10-2024)
The 30-share BSE Sensex was down 263.14 points at 80105.89
Share price of Mphasis as Sensex drops 254.0 points (30-10-2024)
A total of 1,824 shares changed hands on the counter till 10:42AM (IST)
Oriana Power – SME play on Renewable Energy (30-10-2024)
Listing Approval of Preferential Equity Shares (11,36,550) for Oriana Power Limited
https://nsearchives.nseindia.com/corporate/ORIANA_30102024091823_Oriana_ListingPreferential_301024.pdf
GSK Pharma gains as Q2 PAT rises 15% YoY to Rs 249 cr (30-10-2024)
Glaxosmithkline Pharmaceuticals’ advanced 1.45% to Rs 2667.95 after the company’s standalone net profit jumped 15.38% to Rs 248.69 crore on 4.9% increase in revenue from operations to Rs 1,000.05 crore in Q2 FY25 over Q2 FY24.
Honeywell Automation plunges 9% after subdued Q2 performance; details (30-10-2024)
Shares of Honeywell Automation plunged 9.1 per cent at Rs 44,500 per share on the NSE in Wednesday’s intraday trade