Here are the stocks to watch out for on October 3 2024 (today) –
Green
- Eicher Motors: Royal Enfield sales in September exceeded expectations, growing 11% YoY to 86,978 units.
- Hero MotoCorp: Total sales in September were above estimates, with a YoY rise of 18.7% and exports up by 21.7%.
- NMDC: September production grew by 1.3%, and sales increased by 13.8% YoY.
- JSW Cement: Added 2 MTPA capacity at its Vijayanagar Plant in Karnataka.
- Hindustan Zinc: Q2 mined metal production up 2% and saleable metal production rose by 8% YoY.
- Dr. Reddy’s Laboratories (DRL): Signed a voluntary licensing agreement with Gilead Sciences to commercialize Lenacapavir.
- Marico: Q2 consolidated revenue growth remained in high-single digits, with rural demand outperforming urban.
- Aurobindo Pharma: Received final US FDA approval to manufacture and market Cephalexin Tablets with 180-days shared exclusivity.
- Bharat Forge: September orders for Class 8 trucks rose by 124% MoM, reaching a 10-month high.
- JSW Energy: Subsidiary received a Letter of Intent for 1,500 MW Pumped Hydro Storage in Maharashtra.
- Jubilant Ingrevia: Subsidiary signed a supply agreement for agro intermediate with a major agrochemical company.
- Ashoka Buildcon: Secured two LoAs worth ₹1,264 crore from MMRDA for two creek bridges.
- Zydus Lifesciences: Received tentative approval from the US FDA for Enzalutamide Tablets.
- Mankind Pharma: Received all regulatory approvals for acquiring Bharat Serums and Vaccines.
- Titagarh Wagons: Indian Railways accepted a request to short close BCNA wagons order and placed additional orders.
- KEC International: Incorporated a subsidiary for the cables business.
- Alembic Pharma: Secured final US FDA approval for Lamotrigine Extended Release Tablets.
- RailTel: Bagged two orders worth ₹143 crore from Bangalore Metro Rail Corporation.
- Gensol Engineering: Q2 revenue from operations increased by 58% YoY to ₹314 crore.
- Dilip Buildcon: Transferred a 26% stake in subsidiaries for ₹236.27 crore to Alpha Alt Holdings.
- South Indian Bank: Total deposits grew by 8.6% and gross advances rose 13.1% YoY.
- ADAG Stocks: Partnered with Druk Holdings to develop solar and hydropower projects in Bhutan.
- V-Mart: Consolidated revenue rose 20%, and same-store sales growth stood at 15% YoY.
- Signature Global: Launched a new project in Gurugram with a development potential of 7.2 msf.
Red
- Maruti Suzuki: September PV sales declined by 3%, while total sales grew by 1.9% YoY.
- Coal India: September coal production fell by 1%, and offtake decreased by 1.4% YoY.
- OMCs/Paint Companies: Crude oil prices increased for the third consecutive day, with Brent trading near $75/bbl due to West Asia tensions.
- Dabur: Q2 consolidated revenue is expected to decline in mid-single digits, with margins declining to mid-high teens.
- Paras Defence: Planning to raise funds via QIP with a floor price of ₹1,096.35 per share.
- Blue Star: Oman-based WJT filed a higher-than-expected claim of ₹462 crore against the company in ICC arbitration.
