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ONGC Q2 Results: The board has announced a first interim dividend of Rs 6 per equity share with a face value of Rs 5 for the 2024-25 financial year. November 20 has been set as the record date to determine shareholder eligibility for the dividend payment.

The net profit of Hindustan Coca-Cola Beverages Ltd, the bottling arm of Coca-Cola in India, soared three-fold to Rs 2,808.31 crore in FY24, the company said in its filing to the RoC (Registrar of Companies). Its revenue from operations also went up 10.10 per cent to Rs 14,021.54 crore during the fiscal ended March 2024, according to financial data accessed through the business intelligence platform Tofler.

A small bullish candle formed on the daily chart with a long upper shadow, indicating a lack of sustained upside momentum. The underlying trend remains choppy with a weak bias. Nifty is expected to bounce from near the lower range of 23,800, with immediate resistance at 24,300.

PG Electroplast reported a 57.2% YoY jump in Q2 net profit to Rs 19.47 crore. Revenue grew 45.8% YoY to Rs 671.30 crore. Operating margins improved to 3.1% from 2.7%. The company plans to invest Rs 370-380 crore in FY25 for two new greenfield facilities and expanding existing ones.

Gold prices declined by Rs 450 to Rs 79,550 per 10 grams in the national capital on Monday amid weak trends in the international markets, according to the All India Sarafa Association. On Friday, the yellow metal had settled at Rs 80,000 per 10 grams.

Bonus shares are fully paid additional shares that a company issues to its existing shareholders at no extra cost. The quantity of bonus shares received depends on the number of shares a shareholder already owns in the company.

Equity benchmarks struggled as foreign fund outflows, weak earnings, and sluggish Asian markets weighed on investor sentiment. Key movers included Biocon (+8.6%), ITI (+7.8%), and PFC (+7.15%).

Shree Cement Q2 Results: Net profit stood at Rs 447 crore in the year-ago quarter. Despite challenging demand due to prolonged monsoons and softer prices, the company stated that its focus on brand equity, product premiumization, and improved geo-mix helped sustain its realization on a QoQ basis.

Indian markets closed mixed on Monday, with the Sensex failing to cross 80,000 and the Nifty holding 24,100 levels. Power, PSU, banks, and IT stocks gained, while metal, healthcare, and FMCG stocks declined. Wipro, Coforge, and Federal Bank hit new highs.

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales.