Business

Stock Market News: November 6, Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on November 6, 2024

Stock Market And Business Top Stories on 6th November 2024

Check These Stock Trending In The Stock Market

Premier Energies Ltd

  • Energies Capital Goods Electrical Equipment | Mid Cap
  • RS.1196.75/-

Central Depository  Services (India) Ltd

  • Financial Services | Small Cap
  • RS.1582.60/-

Mazagon Dock Shipbuilders Ltd

  • Industrials | Mid Cap
  • RS.4257.90/-

State Bank of India

  • Financial Services | Large Cap
  • RS.859.10/-

Zomato Ltd

  • Technology | Large Cap
  • RS.251.05/-

GAIL (India) Ltd

  • Utilities | Large Cap
  • RS.208.48/-

ICICI Bank Ltd

  • Financial Services | Large Cap
  • RS.1312.30/-

Bharat Electronics Ltd

  • Consumer Cyclical | Large Cap
  • RS.296.60/-

Waaree Energies Ltd

  • Capital Goods – Electrical Equipment | Large Cap
  • RS.3624.65/-

Dixon Technologies (India) Ltd

  • Consumer Cyclical | Mid Cap
  • RS.15638.90/-

BSE Ltd

  • Financial Services | Mid Cap
  • RS.4739.55/-

Titan Company Ltd

  • Consumer Cyclical | Large Cap
  • RS.3175.00/-

HDFC Bank Ltd

  • Financial Services | Large Cap
  • RS.1749.35/-

Reliance Industries Ltd

  • Energy | Large Cap
  • RS.1305.65/-

Infosys Ltd

  • Technology | Large Cap
  • RS.1814.10/-

Tata Consultancy Services Ltd

  • Technology | Large Cap
  • RS.4111.50/-

Trending Top Stories in The Indian Stock Market on November 4, 2024

  1. Banswara Syntex reports the net sales at Rs 342.61 crore up 8.52% from the same quarter last year, but down 45% in the net profit at Rs 5.02 crore.

 

  1. Dr Reddy’s completes the acquisition of Nicotinell and its related brands while analysts seem cautious over the future prospects and pipeline visibility.

 

  1. Out of 97 companies releasing Q2 results today 6th Nov 2024, includes Power Grid Corporation of India.

 

  1. RVNL Emerge lowest bidder for the Bengaluru Suburban Rail Project worth Rs 613 crore and wins Rs 5,008 crore project of BSNL.

 

  1. DATA MATRICS Data intelligence: Datamatics reports its revenue grew 8 percent year over year to 406.8 crore, but operational challenges resulted in a decrease of 14 percent for profit at 42.4 crore.

 

  1. GAIL (India) Ltd had nearly 6 percent hike in shares after Jefferies upgraded the stock rating to ‘buy’ with $240 as target price mainly due to positive EBITDA growth.

 

  1. Dr Reddys Laboratories board has approved the fund infusion of up to Rs 600 crores of working capital in its Russia unit.

 

  1. Cochin Shipyard’s Board shall hold on November 7, 2024, and it shall discuss interim dividend along with Q1FY25 results.

 

  1. Premier Explosiver Umited Premier Explosives Ltd bagged an order valued at Rs 89.20 crore from Singareni Collieries Company to supply explosives and its ancillaries for the period of two years.

 

  1. Q2 profit slides 25% at Rs 705 crore for Titan Company; brokerages cut target prices due to low jewellery margin.

 

  1. Morgan Stanley maintains equal-weight rating on Manappuram Finance with a target price of Rs 170, reflecting a 7% upside.

 

  1. Overweight on GAIL with the target price at Rs 258 /share; upgraded Jefferies to Buy at Rs 240/share.

 

  1. Nomura and Morgan Stanley cut Berger Paints target price to Rs 500 and Rs 466 respectively citing weak Q2.

 

  1. Apollo Hospitals will see revenue growth of 14 per cent and profit growth of 54 per cent in Q2, says Kotak Equities and Motilal Oswal.

 

  1. Dr Reddys Laboratories said on Monday its Q2 net profit was down by 9 per cent to Rs 1,341.5 crore as compared to Rs 1,477.2 crore in the previous year. Revenue grew 17 per cent at Rs 8,016.2 crore.

 

  1. Max Healthcare has reported a profit of Rs 281.81 crore for Q2 FY25, up 1.9%. Revenue spiked 25.3% to Rs 1,707 crore.

 

  1. Oil India: Q2 net profit rises 464% YoY at Rs 2,069 crore; interim dividend 30%. Record date on November 15.

 

  1. Consolidated net sales were up 9.1% YoY at Rs 638.91 crore for Balmer Lawrie in September 2024, but net profit slid 2.08%.

 

  1. Polycab India has emerged as the lowest bidder for a 4,099 crore BSNL project to enhance connectivity in Karnataka, Goa, and Puducherry.

 

  1. Manappuram Finance’s Board recommends an interim dividend of Rs 1 per equity share, subject to shareholder approval.

 

  1. Manappuram Finance reports Q2 net profit of Rs 572 crore, a 2% increase, with revenue climbing 17.4% to Rs 1,727 crore.

 

  1. NTPC Board Sanctions Capex of Rs 79,738.45 Cr for Expansion of Three Thermal Projects.

 

  1. State Bank of India’s Newly Appointed Chairman CS Setty inaugurates BFSI Summit with Focus on Expansion of Customer Service and Digital Banking.

 

  1. LCB bags order of RS 89.20 cr from Singareni Collieries.

 

  1. Infosys has partnered with Southwark Infosys Council to provide digital learning platforms through the Infosys Springboard initiative.

Also read: 6 Exciting OTT Releases Coming Your Way This Weekend

Top 15 Incredibly Beautiful Women from Across the World

Krystyna Pyszkova, Representing The Czech Republic, Crowned Miss World 2024!

Navratri and Nine Forms of Goddess Durga: A Deeper Insight into the Divine Feminine
Navratri 2024: Know the Nine Days of the Divine Festival
Mahindra Thar Roxx Unleashes New Era of Adventure with Cutting-Edge Features
Celebrate India’s Independence Day with these Inspiring Messages and Quotes

Source: Google Google News  NSE BSE

News Desk: News Lounge 24×7

Disclaimer: The views and recommendations made above in news headlines are those of individual analysts or broking companies, and not of News Lounge 24×7. We advise investors to check with certified experts before taking any investment decisions.

newslounge24x7.com

Recent Posts

Breaking: Stunning News Headlines Transforming India – December 21, 2024

Headlines Trending Indian and World: Politics, E-Commerce, Lifestyle, Sports, Health & Entertainment on 21st December…

2 days ago

Breaking: Stunning News Headlines Transforming India – December 20, 2024

Headlines Trending Indian and World: Politics, E-Commerce, Lifestyle, Sports, Health & Entertainment on 20th December…

3 days ago

Stock Market News: December 20 Top Stocks Expected to Surge

Indian Stock Market - Exploring Lucrative Investment Prospects on December 20, 2024 Inventurus Knowledge Solutions…

3 days ago

Stock Market News: December 18 Top Stocks Expected to Surge

Indian Stock Market - Exploring Lucrative Investment Prospects on December 18, 2024 Enviro Infra Engineers…

5 days ago

Breaking: Stunning News Headlines Transforming India – December 17, 2024

Headlines Trending Indian and World: Politics, E-Commerce, Lifestyle, Sports, Health & Entertainment on 17th December…

6 days ago

Stock Market News: December 17 Top Stocks Expected to Surge

Indian Stock Market - Exploring Lucrative Investment Prospects on December 17, 2024 Mindspace Business Parks…

6 days ago