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Adani Transmission rises 0.46% as Sensex climbs

Updated at : 2022-10-19 14:25:01

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The stock traded at a P/E multiple of 373.86, while the price-to-book value ratio stood at 38.05.

Led by price hikes and growth in volumes, Asian Paints will see operating profit rise from the year-ago period and margin expanding on a YoY basis. However, there will be margin compression on a sequential basis due to adverse operating leverage.

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Shalby is among the largest chains of multispecialty hospitals and tertiary care centers in the country today. Currently, Shalby Hospitals is a chain of 11 multispecialty hospitals, offering treatment in over 35+ medical disciplines, holding an aggregate capacity of over 2062 beds with more than 500 active physicians, and 3000+ employees.

In addition, they shall not undertake investment advisory services or any activity in the securities market without obtaining a certificate of registration from Sebi either directly or indirectly during or after the expiry of the debarment period, the order said.

“TVS Motors is the sixth largest market cap company now, even ahead of Hero MotoCorp. The reason: Whatever the new launches they are doing, are able to grab market share from both Hero and Bajaj. In scooters, their share has gone from 15 to 21% in the last few years and in 125 cc motorcycles, from 11% odd to 18% odd.”

L&T Technologies falls over 4% after Q2 results

Updated at : 2022-10-19 14:25:01

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L&T Technology Services’ second-quarter net profit rose 23% year-on-year (YoY) to Rs 282 crore, on ramp-up of previously bagged deals and strong performance across verticals. The software services provider raised its dollar revenue growth forecast for the ongoing fiscal year amid robust demand.

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A total of 4,737 shares changed hands on the counter till 01:46PM (IST)

The company delivers customised turnkey projects in the defence segment. It has partnered with some of the leading technology players around the world to indigenise advanced technologies in the defence and space sectors for the Indian market.

“To get up to that 21,000 area we will have to have more conducive conditions in global markets and that would have to sort of start with the US recapturing their 200-day moving average. That 21,000 target is based on the trading range that we have seen the Nifty trading YTD. That longer term target is aligned to a more stable global picture.”

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According to the shareholding pattern filed by the company for the September quarter, Kacholia held 11,69,839 equity shares, equating to a 3.84% stake in the company. In the previous quarter, the veteran investor held 11,48,342 equity shares or a 3.77% stake in SJS Enterprises.

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