stock markets last week A slight decline was recorded. No big rise is expected in the market this week also. However, there will be movement in some stocks on the basis of news. The stocks which will see movement today include RIL, HCL Tech, DMart, Wipro and HAL. Reliance Industries will report its second quarter earnings today. Avenue Supermarts, HAL, Wipro, Network 18, Sula Vineyards, Ashoka Buildcon, Indo Count Industries, GSFC, Hathway Cable & Datacom, PNC Infratech, HMA Agro, Indoco Remedies, JSW Energy, IL&FS Transportation Networks among other stocks in focus today. Are from.
RIL will release results today
Mukesh Ambani-led Reliance Industries (RIL) is likely to report weak second-quarter earnings, hit by weakness in the O2C (oil to chemicals) segment. The company will declare its results on October 14. According to the average estimate of six brokerage firms, the company could see a decline of up to 10% year-on-year in net profit for the quarter. At the same time, sales are expected to decline marginally by 0.6% year-on-year.
dmart
Avenue Supermarts, which operates DMart stores, reported 8% year-on-year growth in its standalone net profit at Rs 710.37 crore in the September quarter
Wipro's board will consider issuing bonus shares to investors along with its financial results for the quarter ending September 2024.
network18
HAL
The Finance Minister has approved the upgradation of Hindustan Aeronautics Limited (HAL) to the 14th Maharatna CPSE.
indo count
Indo Count's arm Indo Count Global, Inc. has acquired 100% stake in Modern Home Textiles, Inc. for $11.7 million.
Ashoka Buildcon
Ashoka Buildcon has received the letter of approval (LoA) for the Rs 310 crore project from Maharashtra State Road Development Corporation.
JSW Energy
JSW Energy has signed an energy storage facility agreement with Maharashtra State Electricity Distribution Company for 1,500 MW/12,000 MWh pumped hydro storage.
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