04.11.2020 Share Market Update| Stock Analysis, Results, Dividends and Important Data |MMM|TAMIL
Dear Millionaires, Market Update is a new playlist in our MMM channel introduced to cover the important data like previous day chart, results, top stocks, dividend and break out stocks for trading with ease.
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•Market Update: the Sensex was up 503.55 points or 1.27 percent at 40261.13, and the Nifty was up 144.30 points or 1.24 percent at 11813.50. Nifty Bank Gains 7.5% Gains 790 Points To 25,683
•Gold futures for December delivery fell 0.29 percent to Rs 50,919 per 1Nifty Bank Gains 7.5% In 2 Sessions; Biggest 2-day Gains In Over 5 Mths0 grams Silver futures traded 0.14 percent lower at Rs 61,921 per kg.
• HDFC: CLSA raises target price on HDFC on better-than-expected results; shares gain over 3%
Zee Entertainment share price gains as Citi maintains buy.Citi has retained buy rating on the stock with target at Rs 265 per share. It is of the view that Q2 was operationally in-line with cash flows improving
•Cadila Health shares surged 10 percent on Tuesday after the company's net profit jumped over four-fold to Rs 473.4 crore in the September quarter. The company had posted a net profit of Rs 107.2 crore for the corresponding period of the previous financial year,.
•Steel Strips Wheels share price added 3 percent on November 3 after company confirms export orders of nearly 23,000 wheels for EU trailer market, to be executed in the month of December from its Chennai plant. Escorts posts over two-fold jump in Q2 profit at Rs 227 cr
•City Union Bank Q2 net down by 18.5% at Rs 158 cr as provisions spike
•Punjab National Bank reports Q2 net profit at Rs 620.8 crore, beats estimates; Asset quality improves
•Shriram City Union Finance Q2 net profit down 10% at Rs 275 cr
•Deepak Fertilisers Q2 Earnings: Consolidated net profit at Rs 79.3 crore against Rs 25 crore (YoY).
•Muthoot Fin reports profit of Rs 931 cr Vs Rs 908.5 cr & revenue Rs 2,821 cr
•SC Loan Moratorium Case HIGHLIGHTS: The Supreme Court on Tuesday adjourned the hearing in the interest waiver case to November 5.
•Ashok Leyland nears 52-week high post October sales, zooms 72% in 3 months
•Tata Motors advances 3% as domestic sales increase 27% YoY in October
•Neuland Laboratories Q2 Earnings: Consolidated net profit stood at Rs 21.4 crore against Rs 8.7 crore (YoY). Consolidated revenue gained 29.6 percent at Rs 241.4 crore against Rs 186.2 crore (YoY). Consolidated EBITDA was up 63.8% YoY at Rs 40.9 crore while margin expanded to 16.9% v/s 13.4%.