PRE-MARKET INDIAN STOCK NEWS: Avenue Supermarts (DMART IS) Q2 (INR) standalone net profit rose 8% Y/Y to 7.1bln, rev. rose 14.4% Y/Y to 144.4bln
Adani Ports (ADSEZ IS) - Co. completed the acquisition of a 95% stake in Gopalpur Port (GPL) from the existing shareholders of GPL. (Moneycontrol)
Avenue Supermarts (DMART IS) - Co. Q2 (INR) standalone net profit rose 8% Y/Y to 7.1bln, rev. rose 14.4% Y/Y to 144.4bln. (ET/Moneycontrol)
Hindustan Aeronautics (HAL IS) - Indian Finance Minister Sitharaman approved the upgradation of Hindustan Aeronautics to the 14th Maharatna Central Public Sector Enterprise. (Moneycontrol)
IL&FS Transportation Networks (ILFT IS) - Co. entered into an agreement with Axis Trustee Services to sell 243.5mln equity shares of its subsidiary, Barwa Adda Expressway. (Moneycontrol)
Network18 Media & Investments Ltd (NETWORK18 IS) - Co. Q2 (INR) oper. EBITDA loss 1.8bln (prev. loss 2.2bln Y/Y), rev. fell 2.2% Y/Y to 18.3bln. (Moneycontrol)
Wipro (WPRO IS) - Co. board will consider issuing bonus shares to investors along with its quarterly financial results. (ET)
Tata Group - Ratan Tata’s half-brother Noel Tata has been named as the new chairperson of Tata Trusts which holds a majority stake of 66% in Tata Sons following the death of the former. (BBC)
14 Oct 2024 - 04:39- EquitiesResearch Sheet- Source: Newswires
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