Page 3 - Indian Markets
Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64%
Zaggle's consolidated profit rose 145 per cent to Rs 18.56 crore as compared to Rs 7.59 crore a year ago
 "Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64%")
Godrej Industries gains 9% on posting over 2x profit in Q2, revenue up 22%
Godrej Industries reported its Q2 results after market hours on Wednesday which showed that the company's net profit rose 287.62 per cent to Rs 87 crore as compared to Rs 229 crore a year ago
 "Godrej Industries gains 9% on posting over 2x profit in Q2, revenue up 22%")
Stocks to watch, Nov 14: PFC, Eicher Motors, Vi, Nalco, Swiggy, ONGC
Stocks to watch, Nov 14: Here are few stocks that will be in limelight for today's session
 "Stocks to watch, Nov 14: PFC, Eicher Motors, Vi, Nalco, Swiggy, ONGC")
FMCG sector's defensive cloak feels tear of forces in stock market
The sector's stocks fail to shield portfolios in current market selloff
 "FMCG sector's defensive cloak feels tear of forces in stock market")
Eicher Motors Q2: Profit grows 8.3% to Rs 1,100 cr, revenue at Rs 4,263 cr
For Q2 FY25, VECV's profit after tax stood at Rs 209 crore, as against Rs 187 crore last year
 "Eicher Motors Q2: Profit grows 8.3% to Rs 1,100 cr, revenue at Rs 4,263 cr")
Globus Spirits shares slip 15% in 2 days; here's what's worrying investors
Globus Spirits recorded a revenue of Rs 8741.1 crore, up 18.3 per cent, as compared to Rs 739 crore a year ago.
 "Globus Spirits shares slip 15% in 2 days; here's what's worrying investors")
Medplus share price rises 7% on posting more than 1.5x profit in Q2FY25
Drugmakers Mankind Pharma's and Cipla's domestic revenues were boosted by strong demand for OTC medications, the companies said in their second-quarter earnings statements
 "Medplus share price rises 7% on posting more than 1.5x profit in Q2FY25")
Vinay Rajani of HDFC Securities recommends selling these 2 stocks today
Nifty has remained oversold for some time and it may be late for some profit booking. We may still see sell on rises in the near term
 "Vinay Rajani of HDFC Securities recommends selling these 2 stocks today")
We have a huge appetite for India talent, says FICO CEO Will Lansing
The firm is not only scaling up its operations in country by hiring talent and building innovations but is also betting big to tap the India market by providing its technology to some of largest banks
 "We have a huge appetite for India talent, says FICO CEO Will Lansing")
MUFG bullish on India, seeks M&A deals to drive growth, expand presence
The goal for Japan's largest lender is to push up its buyouts and investment in India
 "MUFG bullish on India, seeks M&A deals to drive growth, expand presence")
Tata Motors Q2FY25 results: Net profit down 11%, revenue dips 3.5%
The stock fell 1.74 per cent on Friday to Rs 805 per share, as the company missed street estimates, which had projected a net profit of around Rs 5,000 crore
 "Tata Motors Q2FY25 results: Net profit down 11%, revenue dips 3.5%")
NSE considers launching new products to bolster commodities market
Addressing a media roundtable, he said the NSE is currently focusing on non-agricultural products for trading on its commodity exchange because such products offer greater certainty
 "NSE considers launching new products to bolster commodities market")
BS BFSI Summit: Market gurus say valuations limit near-term upside
BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit
 "BS BFSI Summit: Market gurus say valuations limit near-term upside")
MSCI Nov rebalancing impact: BSE, Oberoi gain 3%, Alkem Labs down 2%
In the early hours of Thursday, MSCI Inc. announced that it has included Alkem Laboratories, BSE, Kalyan Jewellers India, Oberoi Realty, and Voltas in its MSCI Global Standard Indexes
 "MSCI Nov rebalancing impact: BSE, Oberoi gain 3%, Alkem Labs down 2%")
Shakti Pumps shares hit 5% upper circuit after bagging Rs 116-cr work order
The work order is worth Rs 116.36 crore for the supply, installation, and commissioning of solar water pumping systems. The order has to be completed within 120 days from the date of issue of the work
India's 'high' premium valuations can come with upsides: Market gurus
Market experts share insights into equity market's high valuations, growth prospects, and potential investment returns in conversation with A K Bhattacharya at Business Standard BFSI Insight Summit
 "India's 'high' premium valuations can come with upsides: Market gurus")
Chambal Fertilisers rise 5% despite mixed Q2 results; PAT up 41%, rev slips
On Wednesday, after market hours, Chambal Fertilisers reported its Q2 numbers that showed the company registered a consolidated net profit of Rs 536.36 crore
 "Chambal Fertilisers rise 5% despite mixed Q2 results; PAT up 41%, rev slips")
FDC shares slip 5% after reporting mixed Q2 results; PAT up 3%, margins dip
FDC reported its Q2 numbers that showed the company registered a consolidated net profit of Rs 72 crore as compared to a net profit of Rs 70 crore Y-o-Y
Lulu generates demand for $37 billion, becomes largest IPO in UAE this year
The Lulu IPO received exceptional investor interest and was oversubscribed within just one hour of opening on October 28
 "Lulu generates demand for $37 billion, becomes largest IPO in UAE this year")
Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS
The floor price for the offer for sale is fixed at Rs 505 per share. The two-day OFS opens for institutional bidders today and for retail investors on Thursday
 "Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS")
