Shares of IREDA will be in focus as the company announces Q2FY25 earnings today. Expected net profit is Rs 410 crore, a 44% YoY increase, while NII may rise by 45% to Rs 522 crore. Loan sanctions jumped 303% to Rs 17,860 crore.
Stock Market LIVE Updates: Sensex up 400 pts, at 81,900, Nifty at 25,100; Tata group stocks mixed (10-10-2024)
Stock Market Today: Indian benchmark indices were trading higher on Thursday, tracking overnight gains on the Wall Street.
Lotus Chocolate Company standalone net profit rises 5722.22% in the September 2024 quarter (10-10-2024)
Sales rise 166.83% to Rs 128.29 crore
Rhetan TMT standalone net profit rises 233.82% in the September 2024 quarter (10-10-2024)
Sales decline 52.72% to Rs 4.95 crore
GTPL Hathway consolidated net profit declines 62.65% in the September 2024 quarter (10-10-2024)
Sales rise 9.80% to Rs 855.56 crore
F&O Ban List: Tata Chemicals, SAIL among 11 stocks under trade ban on Thursday (10-10-2024)
Eleven stocks, including BirlaSoft, Bandhan Bank, and Tata Chemicals, fall under the F&O trade ban as their open interest exceeds 95% of MWPL. Exiting the ban requires open interest to drop below 80%, with various stocks showing slight decreases in OI from the previous session.
Stock to watch: TCS shares in focus ahead of Q2 results (10-10-2024)
Shares of Tata Consultancy Services will draw attention as it reports its second quarter earnings. Analysts predict a 1.2-2.6% sequential revenue growth and an 8-10% year-on-year net profit increase, driven partly by the BSNL deal ramp-up. Market capitalization remains over Rs 15 lakh crore.