Stocks in the news 04th Nov, 2020

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

  • State Bank of India, Lupin, HPCL, Adani Enterprises, etc. are set to announce their quarterly financial results on Wednesday.

  • PVR posted consolidated loss at Rs183.9cr in Q2FY21. PVR got complete rent waiver on lockdown period on 60% of its screens and significant discounts on reopening. Has secured permission to re-open 575 out of the total 831 screens.

  • Cera Sanitaryware informed that production at sanitaryware unit continues to be partially affected due to an unrest at its Mehsana facility.

  • HDFC MF reduced its stake in Somany Home Innovation to 4.67% from 6.68% on October 30.

  • Brickwork Ratings downgraded Bombay Dyeing’s bank facilities to BWR BBB+ from BWR A-, with outlook remaining negative.

  • Asahi Songwon Colors to consider share buyback on November 6.

  • Deepak Fertilizers statutory auditors BSR and Associates resign due to commercial reasons.

  • Gujarat State Fertilizers & Chemicals set to manufacture pharma grade Ammonium Sulphate.

  • ICICI Lombard General Insurance received no adverse observation letter from exchanges regarding the acquisition of Bharat Axa General Insurance.

  • HLE Glascoat Board approves overall capex of Rs20cr for new manufacturing facility at Silvassa for filtration and drying equipment.

  • Ratnamani Metals reported consolidated profit at Rs56.7cr in Q2FY21.

  • Adani Gas reported higher profit at Rs136cr in Q2FY21.

  • Ajanta Pharma reported higher profit at Rs170.2cr in Q2FY21. The company’s board approved a share buyback worth up to Rs 135.97 crore at Rs 1,850 per share.

  • Adani Ports reported consolidated profit at Rs1,387cr in Q2FY21.