3 October 2022
FII & DII DATA
FII Net BUY - 590.58cr
DII Net SELL - 423.16cr
FII & DII DATA
FII Net BUY - 590.58cr
DII Net SELL - 423.16cr
Stocks In News
Housing Development Finance Corporation
HDFC said loans assigned in Q2FY23 stood at Rs 9,145 crore, up from Rs 7,132 crore in same period last year. All the loans assigned during the quarter were to HDFC Bank. Gross income from dividend for Q2 came in at Rs 1,360 crore and the profit on sale of investments was nil for the quarter.
KEC International
The infrastructure EPC company has secured orders worth Rs 1,407 crore across segments. The transmission and distribution segment received orders from the Middle East, while the railways business has bagged an order for signaling and telecommunication works. Its year-to-date order intake now stands at Rs 8,400 crore.
NCC
The company has received a new order for Rs 393 crore in September, which related to its building division. The company received this order from state government agencies.
Marico
Its India business posted low single-digit volume growth with the three-year CAGR in high single digits and international business maintained its strong run, delivering double-digit constant currency growth. With this, its consolidated revenue in September FY23 quarter grew in low single digits on a year-on-year basis. Net profit will be further impacted by higher effective tax rate.
Dilip Buildcon
The road construction company through its joint venture RBL-DBL has received a letter of acceptance (LOA) for its Surat Metro Rail Project in Gujarat. The order is worth Rs 1,061 crore.
Kovai Medical Center and Hospital
MK Ravindra Kumar has resigned as chief financial officer of the company. Ravindra ceased to be CFO of the company with effect from October 4.
Avenue Supermarts
The D-Mart operator announced standalone revenue for the quarter ended September 2022 at Rs 10,384.66 crore, up significantly by 36 percent from Rs 7,649.64 crore in same period last year. The total number of stores as of September 2022 stood at 302.
Vedanta
The company said its alumina production at Lanjigarh refinery decreased 11 percent YoY to 4.54 lakh tonnes due to scheduled maintenance, and at Zinc India, reported highest-ever second quarter mined metal production at 2.55 lakh tonnes, up 3 percent YoY, driven by better grades and improved mill recoveries. In the steel segment, its total saleable production increased by 11 percent YoY to 3.25 lakh tonnes on account of completion of debottlenecking activities in Q1FY23.
Bank of Maharashtra
The PSU bank recorded 7.86 percent YoY growth in deposits at Rs 1.95 lakh crore, while gross advances grew by 28.65 percent to Rs 1.48 lakh crore in the quarter ended September 2022. The total business during the quarter increased by 15.93 percent to Rs 3.44 lakh crore.
Britannia Industries
The company through its subsidiary Britannia and Associates (Dubai) has acquired control of Kenafric Biscuits, Kenya by subscribing to 51% stake in the said company, for Rs 9.2 crore. The subsidiary also acquired 100 percent stake in Catalyst Britania Brands for Rs 1.42 crore.
Indo Count Industries
The company has received approval from National Company Law Tribunal for the scheme of amalgamation of subsidiary Pranavaditya Spinning Mills with itself.
HDFC said loans assigned in Q2FY23 stood at Rs 9,145 crore, up from Rs 7,132 crore in same period last year. All the loans assigned during the quarter were to HDFC Bank. Gross income from dividend for Q2 came in at Rs 1,360 crore and the profit on sale of investments was nil for the quarter.
KEC International
The infrastructure EPC company has secured orders worth Rs 1,407 crore across segments. The transmission and distribution segment received orders from the Middle East, while the railways business has bagged an order for signaling and telecommunication works. Its year-to-date order intake now stands at Rs 8,400 crore.
NCC
The company has received a new order for Rs 393 crore in September, which related to its building division. The company received this order from state government agencies.
Marico
Its India business posted low single-digit volume growth with the three-year CAGR in high single digits and international business maintained its strong run, delivering double-digit constant currency growth. With this, its consolidated revenue in September FY23 quarter grew in low single digits on a year-on-year basis. Net profit will be further impacted by higher effective tax rate.
Dilip Buildcon
The road construction company through its joint venture RBL-DBL has received a letter of acceptance (LOA) for its Surat Metro Rail Project in Gujarat. The order is worth Rs 1,061 crore.
Kovai Medical Center and Hospital
MK Ravindra Kumar has resigned as chief financial officer of the company. Ravindra ceased to be CFO of the company with effect from October 4.
Avenue Supermarts
The D-Mart operator announced standalone revenue for the quarter ended September 2022 at Rs 10,384.66 crore, up significantly by 36 percent from Rs 7,649.64 crore in same period last year. The total number of stores as of September 2022 stood at 302.
Vedanta
The company said its alumina production at Lanjigarh refinery decreased 11 percent YoY to 4.54 lakh tonnes due to scheduled maintenance, and at Zinc India, reported highest-ever second quarter mined metal production at 2.55 lakh tonnes, up 3 percent YoY, driven by better grades and improved mill recoveries. In the steel segment, its total saleable production increased by 11 percent YoY to 3.25 lakh tonnes on account of completion of debottlenecking activities in Q1FY23.
Bank of Maharashtra
The PSU bank recorded 7.86 percent YoY growth in deposits at Rs 1.95 lakh crore, while gross advances grew by 28.65 percent to Rs 1.48 lakh crore in the quarter ended September 2022. The total business during the quarter increased by 15.93 percent to Rs 3.44 lakh crore.
Britannia Industries
The company through its subsidiary Britannia and Associates (Dubai) has acquired control of Kenafric Biscuits, Kenya by subscribing to 51% stake in the said company, for Rs 9.2 crore. The subsidiary also acquired 100 percent stake in Catalyst Britania Brands for Rs 1.42 crore.
Indo Count Industries
The company has received approval from National Company Law Tribunal for the scheme of amalgamation of subsidiary Pranavaditya Spinning Mills with itself.
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