Market opens higher, Nifty near 25,200, Q2 results impact in focus

Most sectoral indices open higher

Here are the top contributors to #Nifty50 change.

#Midcap IT stocks higher after #PersistentSys results come in above est

Here’s the list of the key companies set to report their results today!

#JustIN | #BhartiAirtel announces a strategic partnership with #IBM to augment Airtel Cloud

#JustIn | #JindalStainless doubling slag processing capacity with a new wet milling plant at its #Jajpur, #Odisha Unit

15-year partnership with Harsco Environmental for new wet milling plant, invst at $150 m

Microsoft Corporation has finally ended free support for its last generation operating system (OS) Windows 10 on Tuesday, marking an end to a 10-year journey.

#JustIn | #PowerMech bags order worth over ₹2,500 cr from #BHEL for thermal power project in #Telangana

#JustIN | Grasim’s paints plant at Kharagpur has commenced commercial production

#StockInNews | Grasim Industries starts commercial production at Kharagpur, boosting Birla Opus decorative paints capacity to 1,332 MLPA

#SIAMData | September #AutoSales👇

👉Sep PV sales up 4.4% at 3.72 lk units vs 3.56 lk units (YoY)

👉3W sales up 5.5% at 80,477 units vs 79,683 units (YoY)

👉Total 2W sales up 6.7% at 21.60 lk units vs 20.25 lk units (YoY)

#JustIn | #Paytm approves transfer of offline merchants payment biz to arm #PaytmPaymentsServices

Transfer of biz to comply with #RBI’s master directions on regulation of payment aggregators

Transfer of offline merchants payment biz to #PPSL via slump sale on a going concern basis

Transfer will result in consolidation of online & offline merchant payments biz under PPSL

#JustIn | Welspun Ent board approves issuing convertible warrants worth ₹1,000 Cr at ₹525/Warrant

Tips Music Q2

👉Net profit up 10.4% at ₹53 Cr Vs ₹48 Cr (YoY)

👉Revenue up 10.7% at ₹89.2 Cr Vs ₹80.6 Cr (YoY)

👉EBITDA up 14% at ₹67.8 Cr Vs ₹59.4 Cr (YoY)

👉Margin at 76% Vs 73.7% (YoY)

IRFC report its #Q2Results;

👉Net Profit Up 10.2% At ₹1,777 Cr Vs ₹1,613 Cr (YoY)

👉Revenue Down 7.6% At ₹6,372 Cr Vs ₹6,899.3 Cr (YoY)

👉Net Interest Margin At 1.55% Vs 1.53% (QoQ)

Tata Comm Q2

--Net Profit Down 3.7% At ₹183 Cr Vs ₹190 Cr (QoQ)

--Revenue Up 2.3% At ₹6,100 Cr Vs ₹5,960 Cr (QoQ)

--EBITDA Up 3.2% At ₹1,174 Cr Vs ₹1,137 Cr (QoQ)

--Margin Flat At 19% (QoQ)

Nuvoco report its #Q2Results;

▶️Net Profit At ₹36.4 Cr Vs Loss Of ₹85.1 Cr (YoY)

▶️Revenue Up 8.3% At ₹2,457 Cr Vs ₹2,268 Cr (YoY)

▶️EBITDA Up 67% At ₹367 Cr Vs ₹219 Cr (YoY)

▶️Margin At 15% Vs 9.6% (YoY)

#JustIN | Marksans Pharma arm gets UK health regulator nod for clonidine & clonidine hydrochloride tablets

#JustIn | #HEG ;

#SBI sanctions ₹1,230 Cr loan to arm for Graphite Anode production at Dewas, Madhya Pradesh