HERE ARE THE STOCKS IN FOCUS TODAY 10-11-2020
Hindustan Zinc: Tata Steel to source complete domestic zinc requirement from Hindustan Zinc.
Dhanlaxmi Bank: Chartered Finance & Leasi NG Limited acquired 16,45,000 shares in the company at Rs 12 per share on the NSE.
Apollo Pipes: Sageone Investment Advisors LLP bought 69,714 shares in the company at Rs 597.1 per share on the BSE.
TCS: Company to acquire Postbank Systems from Deutsche Bank.
PTC India: Company reported lower consolidated profit at Rs 193.6 crore in Q2FY21 against Rs 201.3 crore, revenue rose to Rs 6,004.6 crore from Rs 5,225.4 crore YoY.
EID Parry: Company reported higher profit at Rs 317.8 crore in Q2FY21 against Rs 181.6 crore, revenue rose to Rs 5,836.2 crore from Rs 5,675 crore YoY.
Vadilal Industries: Company reported lower consolidated profit at Rs 0.68 crore in Q2FY21 compared to Rs 22.8 crore, revenue declined to Rs 123.4 crore from Rs 147 crore YoY.
Oil India: Company reported lower profit at Rs 382 crore in Q2FY21 against Rs 661.5 crore, revenue fell to Rs 2,176 crore from Rs 3,221.2 crore YoY.
JK Cement: Company reported sharply higher profit at Rs 221.1 crore in Q2FY21 against Rs 81.9 crore, revenue increased to Rs 1,634.4 crore from Rs 1,317.6 crore YoY.
Inox Leisure: Company opened QIP on November 9, set the floor price at Rs 263.10 per share.
Punjab & Sind Bank: Company to mull raising to Rs 6,000 crore via equity on November 12.
Pharma stocks in focus: Pharma stocks including names like Cadila Healthcare and Dr. Reddy’s Labs will be a focus after Pfizer said an early peek at its vaccine data suggests the shots maybe 90 percent effective at preventing COVID-19.
Reliance Industries: The company said that its subsidiary Reliance Retail Ventures Ltd received the subscription amount of Rs 9,555 crore from the Public Investment Fund (PIF) and allotted 140,051,300 equity shares to PIF.
Prestige Estates Projects: The company has executed a term sheet with Blackstone Group to sell commercial, retail, and hospitality properties worth Rs 9,160 crore.
Were The Stocks In Focus Today 10-11-2020
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