Axis Bank stock price: Stocks in news: Axis Bank, Tata Motors, Adani Green, HUL, Lupin, Tata Power & PEL | Rare Techy

Nifty futures on the Singapore Exchange traded 56.5 points, or 0.31 percent lower at 18,137, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks that could make the most in today’s trade:

Adani Green, Eicher Motors, Apollo Hospitals:

Eicher Motors, Apollo Hospital Enterprises, Page Industries, Zomato, Trent, Jindal Steel & Power, Indian Hotels Company, , Samvardhana Motherson International and NHPC are among the companies that will announce results for the September 2022 quarter today.

Axis Bank: The government, through the Special Undertaking Unit Trust of India or SUUTI, will sell 46.5 million shares or an entire 1.55% stake in private lender Axis Bank over two days on November 10-11 through the OFS at a floor price of Rs 830.63.

Tata Motors: The homegrown car major reported narrowing its consolidated net loss to Rs 945 crore for the second quarter ended September, as sales picked up in marquee brand Jaguar Land Rover and across the domestic segment as well as commercial vehicles. It had reported a net loss of Rs 4,442 crore in the July-September period of the last fiscal.

Hindustan Unilever, GSK: A major FMCG and healthcare firm has mutually decided to terminate an agreement to sell Over-the-Counter (OTC) and oral care products. The agreement is for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne, which are owned by GSK.

Adani Ports and Special Economic Zones: The Adani Group firm said it has acquired a 49.38 percent stake in Indian Oiltanking Ltd — a developer and operator of liquid storage facilities — for Rs 1,050 crore.

Lupine: The drug maker said its consolidated net profit stood at Rs 130 crore for the second quarter ended September 30, 2022. The Mumbai-based company had reported a net loss of Rs 2,098 crore in the July-September period of the previous fiscal.

: The Tata Group arm said its subsidiary Tata Power Renewable Energy has received a ‘Letter of Award’ from the Maharashtra State Electricity Distribution Corporation (MSEDCL) to set up a 150MW solar project in Solapur, Maharashtra. The project will be commissioned within 18 months from the date of execution of the PPA.

: The financial services arm of the Piramal group reported a net loss of Rs 1,536 crore in the second quarter of the current financial year. The quarterly report includes the number of Housing Finance Corporation (DHFL) boards that have been acquired in September 2021 through insolvency proceedings.

Pidilite Industry: The adhesives, sealants and construction chemicals maker reported a 10.06 percent decline in consolidated net profit at Rs 337.75 crore for the second quarter of FY23 due to raw material inflation and high inventory prices. It had made a profit of Rs 375.53 crore in the July-September quarter a year ago.

: The realty firm reported an 80 percent increase in its consolidated net profit at Rs 140.7 crore in the September quarter of this fiscal year. Its net profit stood at Rs 78.3 crore in the year-ago period.

: The healthcare player reported a 71 per cent increase in consolidated profit after tax at Rs 169 crore for the second quarter ended September 2022, rising on the back of strong performance in the unit. It had posted a profit after tax (PAT) of Rs 99 crore in the July-September period of the previous fiscal.

Happy Mind Technology: The IT company announced a partnership with Singapore-based ESG solution provider CredQuant for BFSI customers. This collaboration with CredQuant will assist BFSI customers in addressing ESG screening, rating models, sustainability reporting, impact reporting and carbon footprint.

Indigo paint: Sequoia Capital India divested 3.28 percent or 15,60,000 equity shares in the paint manufacturer at an average price of Rs 1,343.82-Rs 1,343.65 each, taking the transaction value to Rs 209.62 crore, bulk deal data showed.

Natco Pharma: The drug manufacturer announced the launch of the first generic version of Pomalyst capsules in the Australian market. The capsules have been launched in strengths of 1,2,3 and 4 mg. Pomalidomide is indicated for the treatment of Multiple Myeloma and Kaposi Sarcoma.

Sundram Fasteners: The auto component maker reported a standalone profit of Rs 111.75 crore for the July-September quarter of 2022. Its standalone profit was Rs 120.16 crore during the same quarter last year.

Bayer Cropscience: The agrochemical player posted a 5.51 percent rise in net profit at Rs 162.6 crore in the September quarter. The company had a net profit of Rs 154.1 crore in the previous corresponding fiscal quarter.

Gujarat State Fertilizers and Chemicals: The state chemical player posted a 23.33 percent jump in its consolidated net profit of Rs 285.27 crore for the second quarter of fiscal 2022-23. The company had earned a net profit of Rs 231.29 crore in the previous corresponding fiscal quarter.

: The Staffing company reported a consolidated net profit of Rs 31.62 crore in the quarter ended in September. The company had posted a loss of Rs 49.47 crore in the year-ago period.

: The FMCG firm reported a 31.93 percent decline in its consolidated net profit at Rs 31.65 crore for the second quarter ended September. The company had reported a net profit of Rs 46.50 crore in the July-September quarter a year ago.

: The port services player reported a 59 per cent increase in consolidated profit at Rs 72 crore for the quarter ended in September. The company had posted a consolidated profit of Rs 45.20 crore in the second quarter of the previous fiscal.

Piramal Pharma: The drug firm reported a consolidated net loss of Rs 37 crore for the second quarter ended September, against a net profit of Rs 37 crore in the year-ago period. The company’s revenue from operations rose to Rs 1,720 crore during the July-September quarter, from Rs 1,578 crore in the previous fiscal.

Gateway Distriparks: The integrated intermodal logistics operator reported a 27 percent increase in consolidated profit after tax (PAT) at Rs 59.53 crore for the second quarter of this fiscal. The company has posted a consolidated PAT of Rs 46.90 crore in the quarter ended September 30, 2021.


: Microfinance, which only offers unsecured loans to women, enters the safe lending side with home, car and gold loans and SME funding. The microlender-turned-NGO announced its maiden NCD (Non-Convertible Debenture) issue of up to Rs 500 crore.


TD Power System: The power utility player saw a nearly 24 percent rise in its consolidated net profit to Rs 19.90 crore in the September quarter mainly due to lower costs. The company’s consolidated net profit was Rs 16.05 crore in the year-ago period.

: The media firm reported a 4.4 percent increase in consolidated net profit to Rs 13.03 crore for the second quarter ended September. The company had posted a net profit of Rs 12.48 crore during the July-September quarter a year ago.

Dhanlaxmi Bank: The private lender reported a multi-fold rise in net profit at Rs 15.89 crore for the September quarter of 2022-23 on the back of lower bad loans. The bank had earned a net profit of Rs 3.66 crore in the last year period. In the previous June quarter, the bank incurred a net loss of Rs 26.43 crore.

JMC Project (India): The construction player posted Rs 46.51 crore consolidated net profit in the September quarter mainly on the back of higher revenues. The company has reported a consolidated net loss of Rs 1.48 crore in the second quarter ended on September 30, 2021.

: The seating solutions maker reported over 50 per cent rise in net profit at Rs 8.93 crore in the September quarter on the back of 72 per cent rise in revenue. The company has reported a consolidated net profit of Rs 5.94 crore in the second quarter ended on September 30, 2021.

IFCI: The state term lender reported a consolidated net profit of Rs 209 crore for the September quarter of 2022-23. The company had posted a net loss of Rs 445 crore in the same quarter a year ago.

Capital Reliance: US-based private equity firm Advent has canceled its plans to participate in the resolution process of Anil Ambani’s debt-laden firm. In the preliminary round, Advent has shown interest in acquiring RCL subsidiary Reliance General Insurance by submitting a non-binding offer of Rs 7,000 crore.


: The beverage player has bagged orders worth Rs 21 crore to export instant coffee to Russia and other CIS countries. The new orders will increase the order book position to ₹61 crore and help the company leverage its position in the fast-growing instant coffee market.