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Stock Radar: Nykaa, Titan, IndusInd Bank, Tata Motors, NLC India in focus on Monday

Money ControlMoney Control · 1y ago
Stock Radar: Nykaa, Titan, IndusInd Bank, Tata Motors, NLC India in focus on Monday
Medial

Here's a summary of the stocks in focus for Monday's trade: 1. Quarterly earnings announcements: Shalby, Khoobsurat, Oceanic Foods, Secure Credentials, and GD Trading & Agencies will report their earnings. 2. Companies' provisional numbers: FSN E-Commerce Ventures (Nykaa), Signature Global India, Union Bank of India, Adani Wilmar, Dabur India, Titan Company, Induslnd Bank, Marico, Bank of Baroda, and more will share their quarterly numbers. 3. Stocks to watch: Bank of Baroda, Tata Motors, NLC India, JM Financial, Infosys, Multi Commodity Exchange of India, Bandhan Bank, Equinox India Developments, Garware Hi-Tech Films, Aditya Birla Capital, Power Grid Corporation of India, Federal Bank, Gillette India, Coforge, PC Jeweller. 4. Bulk Deals: HEG and Inox Green Energy Services witnessed bulk selling. 5. Ex-Dividend and Ex-Bonus: Computer Age Management Services trades ex-dividend, while Clara Industries trades ex-bonus. 6. F&O Ban: GNFC, Aditya Birla Fashion & Retail, Bandhan Bank, Hindustan Copper, India Cements, Piramal Enterprises are under the F&O ban.

Stock Radar: TCS, IREDA, Krsnaa Diagnostics, Oberoi Realty, Bandhan Bank, Mazagon Dock in focus on Friday

Money ControlMoney Control · 55y ago
Stock Radar: TCS, IREDA, Krsnaa Diagnostics, Oberoi Realty, Bandhan Bank, Mazagon Dock in focus on Friday
Medial

- Just Dial, Reliance Industrial Infrastructure, Plastiblends India, Hathway Cable, Jagsonpal Finance, Jaypee Infratech, Atishay, PVV Infra, Universal Arts, and Sangam Finserv will release quarterly earnings on October 11. - Avenue Supermarts, Network18 Media & Investments, Narmada Macplast Drip Irrigation Systems, SPA Capital Services, and Trident Texofab will announce quarterly earnings scorecard on October 12. - Tata Consultancy Services Q2 (Consolidated QoQ): Profit falls 1.1%, revenue rises 2.6%, attrition rate inches to 12.3%. - Mazagon Dock Shipbuilders receives an order worth Rs 121.7 crore from the Maharashtra State Power Generation Company. - Dr. Reddy's Laboratories shareholders approve the voluntary liquidation of its subsidiary, Imperial Owners and Land Possessions. - Bank of Baroda keeps the marginal cost of funds-based lending rate unchanged, effective October 12. - Ugro Capital crosses the Rs 10,000 crore AUM milestone in the quarter ended September 2025. - Maruti Suzuki India's ESG score upgraded by ESG rating provider SES ESG Research. - Oberoi Realty approves raising funds of up to Rs 6,000 crore through private placement, including a qualified institutions placement. - Ankur Sachdeva resigns as Chief Revenue Officer of Allied Blenders and Distillers, effective December 8. - Uno Minda's joint venture, Toyoda Gosei Uno Minda India, starts commercial production at its manufacturing facility in Neemrana, Rajasthan. - Partha Pratim Sengupta appointed as MD & CEO of Bandhan Bank by the Reserve Bank of India. - Foreign portfolio investor Goldman Sachs India Equity Portfolio exits Ideaforge Technology, while Citigroup Global Markets Mauritius buys a stake in the company. - Promoter Hoechst GMBH exits Sanofi Consumer Healthcare India by selling its entire stake to Opella Healthcare Participations B.V. - JM Financial Asset Reconstruction Company sells a stake in Nitco. - Khyati Global Ventures to get SME listing on October 11. - Coforge, Blue Cloud Softech Solutions, and IndInfravit Trust trade ex-dividend. - Rajnish Retail stock trades ex-date for split. - Kretto Syscon stock turns ex-rights. - Hercules Hoists and Softsol India stocks trade ex-date for spin-off. - F&O ban on Chambal Fertilisers and Chemicals, Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, IDFC First Bank, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, and Tata Chemicals.

Upstox profit jumps 8X to Rs 190 Cr in FY24

EntrackrEntrackr · 5m ago
Upstox profit jumps 8X to Rs 190 Cr in FY24
Medial

Upstox profit jumps 8X to Rs 190 Cr in FY24 Following Rs 1,050 crore of revenue with profitability in FY23, Upstox delivered another notable year with 25% year-on-year growth during the fiscal year ended March 2024. Moreover, the profits jumped 8X to Rs 190 crore in the same period. Upstox’s revenue from operations grew to Rs 1,311 crore in FY24 from Rs 1,050 crore in FY23, according to the company’s press release. Upstox provides retail investors with investment options, including stocks, IPOs, futures & options (F&O), commodities, currencies, fixed deposits, peer-to-peer lending, government bonds, non-convertible debentures (NCDs), gold, and insurance. According to the company, it has a user base of 1.7 crore, with a significant 85% of its customers coming from tier II and III cities. “In FY24, we focused on innovation and high-impact growth, ensuring every investor and trader has the best tools at their fingertips. We are building a profitable, innovation-driven, and customer-first company that sets new benchmarks in security, speed, and simplicity” Ravi Kumar, CEO and Co-founder, Upstox said in the press release. In May 2024, the firm also entered the insurance distribution business. Upstox has raised over $200 million to date and was valued at $3.5 billion in its last fundraise. According to the startup data intelligence platform TheKredible, Tiger Global is the largest external stakeholder, holding 38.54%. The founding team including Ravi Kumar, Shrinivas Vishwanath, and Kavitha Subramanian own 36.12% of the company. Raghu Nathan Kumar, the company’s director, has 15% stake. In October 2024, the company delivered a 10X return to Ratan Tata in the partial buyback. Upstox's major competitors include Zerodha, Groww, Angel One, and PhonePe’s Share.Market. In FY24, Groww's revenue surged to Rs 3,145 crore, Zerodha reported Rs 8,370 crore in revenue and Rs 4,700 crore in profits. Angel One recorded Rs 4,280 crore in revenue in the previous fiscal year. According to the National Stock Exchange, Upstox ranks fifth in active users, with 2.89 million. Groww holds the top position, followed by Zerodha and Angel One.

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