Stock Market News: October 22 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on October 22, 2024

Check These Stock Trending In The Stock Market

ICICI Bank Ltd

• Financial Services | Large Cap
• Rs.1272.95/-

PNC Infratech Ltd

• Real Estate | Small Cap
• Rs.343.00/-

Reliance Industries Ltd

• Energy | Large Cap
• Rs.2744.00/-

UltraTech Cement Ltd

• Basic Materials | Large Cap
• Rs.11006.10/-

Bajaj Housing Finance Ltd

• Finance | Large Cap
• Rs.137.77/-

BSE Ltd

• Financial Services | Mid Cap
• Rs.4307.65/-

Kotak Mahindra Bank Ltd

• Financial Services | Large Cap
• Rs.1775.85/-

Tata Chemicals Ltd

• Basic Materials | Small Cap
• Rs.1145.30/-

Orient Cement Ltd

• Basic Materials | Small Cap
• Rs.355.60/-

Mazagon Dock Shipbuilders Ltd

• Industrials | Mid Cap
• Rs.4491.70/-

City Union Bank Ltd

• CUB Financial Services | Small Cap
• Rs.165.02/-

Zomato Ltd

• Technology | Large Cap
• Rs.268.70/-

HDFC Bank Ltd

• Financial Services | Large Cap
• Rs.1729.00/-

CG Power & Industrial Solutions Ltd

• Industrials | Large Cap
• Rs.810.55/-

Amber Enterprises India Lamber Ltd

• Consumer Cyclical | Small Cap
• Rs.6062.75/-

Trending Top Stories in The Indian Stock Market on October 22, 2024

1. Jefferies has maintained its Hold rating on Oberoi Realty after hiving up the target price to Rs 1,900, citing good sales growth and rise in lease rentals.

2. Over the weekend, Goldman Sachs retained Buy with a target price of ₹11,720, while Morgan Stanley also held Overweight rating with a target price of ₹13,620.

3. Epigral opened its Qualified Institutions Placement (QIP) on October 21 with a floor price of *2,203.29 per share.

4. Indus Towers will announce its Q4 earnings on October 22, 2024.

5. Amber Enterprises India to post Q2 FY25 earning results today, October 22.

6. Jubilant Ingrevia to announce the Q4 earnings of this year, which is 2024, today, October 22, 2024.

7. ICICI Securities to post their Q2 FY25 earning results today, October 22, 2024.

8. Coforge to declare Q2 FY25 earning results today, October 22, 2024.

9. Morgan Stanley continues to have a call on UltraTech Cement as Overweight with a target of 13,620/share; the Q2 EBITDA came in below estimates but should see the pickup in demand.

10. Varun Beverages will release its Q2 FY25 earnings results today, 22nd October 2024

11. Persistent Systems will release its Q2 FY25 earnings results today, 22nd October 2024

12. ICICI Prudential Life Insurance Company declares quarterly earnings today, 22nd October 2024

13. Chennai Petroleum Corporation declares quarterly earnings today, 22nd October 2024.

14. IIFL Securities to announce its quarterly earnings today, October 22, 2024.

15. Olectra Greentech to announce its quarterly earnings today, October 22, 2024.

16. Mahindra & Mahindra Financial Services to announce Q2 FY25 Earnings results today.

17. Shoppers Stop to announce its quarterly earnings today, October 22, 2024.

18. Bajaj Finance to declare its Q2 FY25 earnings wherein net interest income is expected between Rs 8,810 crore to Rs 9,187 crore.

19. SRF Ltd would announce its Q2 FY25 today, October 22, 2024.

20. Max Financial Services would also announce the Q2 FY25 results of the company, on October 22.

21. SEBI bars Varanium Cloud and its MD from securities market pending investigation of alleged IPO proceeds misuse and financial manipulation.

22. Cyient Ltd announces 5.5% YoY profit upbeats at Rs 15.5 crore and a 33.4% YoY revenue jump at Rs 389.5 crore.

23. Tata Consumer Products Ltd reported an 11pc in its Q3 RTD business due to Reliance’s Campa Cola competitive pricing.

24. Kotak Mahindra Bank shares dived nearly 7pc as the lender fell short of investor expectations in Q2 earnings. Profit had risen 13pc.

25. MAS Financial Services enters strategic co-lending partnership with UCO Bank to support lending for MSMEs.

26. Gravita India said its profit rose 22.2% YoY in Q2 FY25 as revenue from operations grew to Rs 927.42 cr, rising 10.9% YoY.

27. HSBC downgrades L&T Finance to ‘Buy’ from ‘Hold’, slashes target price to Rs 180, citing sector-specific headwinds stalling the AUM and EPS growth story.

28. Net profit fell by 2.3% at Rajratan Global Wire to Rs 19 cr despite a 14.4% rise in revenue to Rs 245.3 cr.

29. Aurum PropTech posts Q2 consolidated net loss at 95.5 cr, rebounds from net loss of Rs 201 cr recorded last year; revenue at Rs 63.96 cr.

30. HFCL Ltd reported a decline of 1.62% YoY in consolidated revenue while EBITDA improved 19.54% and YoY net profit by 4.28%.

31. Adani Green to declare Q2 numbers; operational capacity up 34% at 11,184 MW in H1 FY25.

32. Small finance bank Jana Small Finance Bank reported 40% year-on-year growth in the net profit during the quarter stood at 171.8 crore.

33. Adani Energy Solutions to announce Q2 results today; raised Rs 8,373 cr via QIP, largest in Indian power sector.

34. Bajaj Housing Finance posted a 21 per cent rise in Q2 FY25 profit after tax at ₹546 cr on a 26 per cent higher total income at 2,410 cr.

35. Aurionpro Solutions Ltd announced Q2 consolidated net profit of Rs 45.1 cr, up from the immediate past quarter’s €43.4 cr.

36. 360 ONE WAM reports a 43% YoY growth in its total income to Rs 890 crores for the quarter.

37. Zomato expected to report Q2FY25 earnings today, which is likely to record net profit growth of 585%-662% year-on-year, as estimated by Nuvama and ICICI Securities.

38. Supreme Petrochem: Net profit up by 15.8% YoY to Rs 90.3 crore, revenues grew 17.76% to Rs 1,505 crore.

39. 360 ONE WAM: Net profit stood at Rs 245 crore and revenue stood at Rs 863 crore for the quarter.

40. Supreme Petrochem: This company posted net profit increasing 15.8% YoY at Rs 90.3 crore in Q2 FY2024.

41. The Q2 net loss of Mahindra Logistics narrowed to Rs 9.6 crore; revenue rose by 11.4% to Rs 1,521 crore.

42. Sona BLW Precision Forgings inaugurates its second plant in Manesar, Haryana; drives a step closer to meeting the growing demand of driveline products.

43. 43. Bajaj Housing Finance reports 21% YoY increase in net profit at Rs 545.6 crore for Q2 FY2024; revenue rose by 21.1% to Rs 2,410 crore.

44. Royal Enfield has established a new manufacturing facility and flagship showroom in Bangladesh, which becomes its sixth assembly unit outside India.

45. Reliance Retail launched the Rs 10 Campa Cola pack, making other beverage players to re-pricing.

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