Beware: find out which companies make headlines before the first bell rings.

Zomato: Zomato co-founder Mohit Gupta has resigned. He joined food delivery giant Deepinder Goyal and his team four and a half years ago. You decide to leave Zomato to find another unknown adventure.

Tata Motors: BSE is a doctor. The decision was made to add Tata Motors to the S&P BSE Sensex index to replace Reddy Laboratories. Adani Power and Hotel India will replace Adani Total Gas and Hindustan Petroleum Corporation in the S&P BSE 100 and Sensex Next 50. Nxtdigital will spin off as Hinduja Global Solutions and will be removed from the S&P BSE AllCap, Consumer Discretionary, and MidSmallCap. and SmallCap from November 22. and trade in telecommunications.

3i infotech. This package will gain momentum as the IT company contracts with Hindustan Petroleum Corporation to manage and maintain the refinery’s IT infrastructure, including HPCL offices and data centers across India. The total value of the contract is about 5.1 billion Indian rupees for 3 years.

Advait Infratech: This company has been awarded by the Indian Electricity Corporation as part of the Disaster Recovery Systems division. The order amount is 180 million won.

REC: The Public Energy Project Finance Corporation has transferred all shares of Transmission Gadag II-A currently held by its subsidiary, RECPDCL, and all assets and liabilities to the winning bidder, ReNew Transmission Ventures, for a fee. In Phase A II, Gadag II-A will install the transmission system for Gadag’s 1500 MW Solar Transmission System in Karnataka.

INEOS Styrolution India: The company announced in its BSE report that Sanjeev Vasudeva has resigned as CEO and Chief Executive Officer of the company. Robbie Alphonse Maria Bantinks also stepped down as chairman and promoter after INEOS Styrolution APAC Pte Ltd sold 61.19% of its shares to Shiva Performance Materials Private Limited as part of a share purchase agreement. Shiva Materials currently owns 62.73% of INEOS.

Indian Dredging Company: The company reported a net profit of Rs 28,610 crore for the quarter that ended September 2023. Separate operating income was Rs 238.72 crore, up 58.1% from last year.

KPI Green Power: The company has been certified by the Gujarat Energy Development Authority (GEDA) for a 5.40 MW DC solar power plant owned by its subsidiary Anupam Rasayan India.

Power Exchange of India: The company said its board will meet on November 25 to consider a share buyback offer.

Archean Chemical Industries – This specialty chemical company will file for BSE and ESN on November 21st. The price of the package is 407 rubles. in Week.

Five Star Financial Business: This non-banking financial company opened to the public on November 21st. The offer price is set at INR 474 per share.

Alstone Textiles (India): Investors Paschim Finance, Chit Fund, and Victory Software continued to sell Alstone Textiles shares, but the share price continued to rise from Rs 15.75 to Rs 300.45 on November 18. August 24 this year. Paschim Finance and Chit Fund sold an additional 1.4 million shares and Victory Software sold an additional 1.1 million shares at an average price of Rs 300.45 per share.

Sensex scored 415, Nifty scored 18,050 and Tata Motors was down more than 4%.

The main stock barometers continued trading in the morning trading slightly lower. Domestic confidence has been determined to be negative globally. Nifty fell below 18050. Pharmaceutical, healthcare, and media stocks rose while auto PSUs, consumer durables, and banking stocks came under selling pressure.

At 10:30 am IST, the S&P BSE Sensex Index closed down 414.86 points (0.68%) at 60,618.69. The Nifty 50 index closed at 18,038.35, down 118.65 points (0.65%).

In the broader market, S&P BSE MidCap was down 0.62% and S&P BSE SmallCap was down 0.54%.

Market breadth is negative. On the stock exchange, 1361 shares increased and 1794 shares decreased. A total of 149 participants survived.

According to preliminary data, foreign portfolio investors (REIT) bought shares for Rs 38,683 crore on Nov 9 while domestic institutional investors (DII) sold Rs 106,012 crore in the Indian market on Nov 9.

Investors await the release of the US Consumer Price Inflation Report on Thursday. The inflation data provides insight into how the US Federal Reserve’s rapid rate hike is helping to slow the economy.

earn today;

Bicher Motors (down 1.38%), Zomato (down 0.08%), Adani Green Energy (down 1.09%), Apollo Hospitals Enterprise (down 1.12%), Ashok Leyland (down 0.08%) , 1.12%), Aster DM Healthcare (decreased 1.12%) 1.68%), Bata India (1.73%), Mr. Bectors Food Properties (1.27%), Berger Paints India (1.21%), Campus Activewear (down 0.58%), Container Corporation of India (0.09%), Petronet Gujarat (Gujarat Gas (0.80 %), Hotel India (up 0.41%) %), Jindal Steel & Power (1.02%), Kalpataru Power Transmission (0.08%), Kalyan Gems of India (1.17%), Linde India ( 0.24%), Mazagon Shipyard (-1.40%), Muhoot Finance (-0.35% ) ), NHPC (-0.11%), Indian Petroleum (-0.08%), Plate Industries ( -1.18%), Power Finance Corporation (-1.14%), Ritu (-1%), SAIL (Steel Authority of India) (Three financial indicators reported: down 0.35%), Suzron Energy (down 0 .61%), Trident Power (down 0.39%), and Trident (down 0.39%), up 1.71% for the day.

Ring Rating:

The Nifty Auto index closed down 1.64% to 13,122.65 units. The index fell 2.39% in both trading sessions.

Tube Investments India (5.35%), Tata Motors (4.25%), Mahindra & Mahindra (2.94%), Balkrishna Industries (1.48%), TVS Motor Company (1.45%), Richer Motors (down 1.16%), Maruti Suzuki India (-1.04%), Sona BLW Precision Forgings (-0.86%), Ashok Leyland (-0.64%) and Bosch (-0.61%).

Meanwhile, Hero MotoCorp (up 0.61%), Bharat Forge (up 0.53%), and SamvardhanaMotherson International (up 0.22%) edged up.

Tata Motors fell 4.25%. The auto giant posted a net loss of Rs 944.61 billion in the second quarter of fiscal 2023, up from a net loss of Rs. Operating profit for the quarter ended 30 September 2022 was Rs 7,961,137 million, up 29.7 percent year-on-year.

Impact on yield:

Deepak Nitrites reported that the professional economy producer’s consolidated net profit fell by 31.4 percent to Rs 17,447 billion in the second quarter of fiscal 2023, although net sales increased by 16.7 percent to Rs 19.616 billion in the second quarter of fiscal 2022. It decreased by 8.52 % upon reaching Rs 100 crore.

Lupine reported a consolidated net profit of Rs 12.97 billion in the second quarter of FY23, up 5.04 percent. of IDR 409.12 billion. In the second half of FY23, total pharmaceutical sales increased by 2.8% to Rs 3,841.3 billion and API sales decreased by 6.7% to Rs 249.09 million.

Narayana Khrudayalaya increased by 4.28% in Q2 2013 after the healthcare player’s net income reached Rs 168.9 crore. Total operating income is expected in the second quarter of fiscal 2023.

By bemaad

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