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Market Updates

The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 36.80 points positive at 19,443.50 on Wednesday.

Pidilite Industries:

The Fevicol?maker will set up a lending business for providing small?value retail loans via the acquisition of Pargro Investments for Rs 10 crore. It plans to invest up to Rs 100 crore in the lending business over the next two years.

Biocon:

Unit Biocon Biologics to sell non?core branded business in India to Eris Lifesciences. Dermatology and nephrology branded formulations businesses are to be divested for Rs 366 crore, with divestiture expected to close by the end of Nov. 2023.

Titagarh Rail Systems:

The board approved fundraising of up to Rs 700 crore via qualified institutional placements.

Power Finance Corp:

The board appointed Parminder Chopra as CFO w.e.f. Nov. 8.

Earnings In Focus

Adani Ports And SEZ, Apollo Hospitals Enterprise, Samvardhana Motherson International, Bosch, Muthoot Finance, Aurobindo Pharma, Ashok Leyland, Page Industries, General Insurance Corporation Of India, Torrent Power, Rail Vikas Nigam, SJVN, Zee Entertainment Enterprises, ITI, Glaxosmithkline Pharmaceuticals The Ramco Cements Piramal Enterprises Global Health Cholamandalam Financial Holdings, National Aluminium Co., Suven Pharmaceuticals, Finolex Cables, Ircon International, Nbcc (India), Astrazeneca Pharma India, G R Infraprojects, BASF India, Eclerx Services, Kama Holdings, NCC, Graphite India, Bengal & Assam Company, KRBL, BEML, Granules India, Campus Activewear, GMM Pfaudler, Caplin Point Laboratories, Engineers India, Rashtriya Chemicals & Fertilizers, Tega Industries, Genus Power Infrastructures, Star Cement, Nava, Senco Gold, Kennametal India, Electrosteel Castings, Suprajit Engineering, Healthcare Global Enterprises, Marksans Pharma, West Coast Paper Mills, Force Motors, Jaiprakash Associates, Hinduja Global Solutions, Nucleus Software Exports, Hindustan Construction Co., Orient Cement, Nirlon, Bajaj Hindusthan Sugar, Jain Irrigation Systems, Welspun Enterprises, Garware Hi?Tech Films, National Fertilizers, Bajaj Consumer Care, Fineotex Chemical, Cartrade Tech, Sunflag Iron & Steel Co., TVS Srichakra, Dish TV India, Kirloskar Industries, Vindhya Telelinks, Tarc, Sharda Motor Industries, Grauer & Weil (India), Gufic Biosciences, Manorama Industries, Parag Milk Foods, Subros, Precision Camshafts, Media Matrix Worldwide, Globus Spirits, Mukand, Sandhar Technologies, Pitti Engineering, M.M.Forgings, Expleo Solutions.

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