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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 92 points lower at 19,436 on wednesday

RBL Bank:

The company reported CASA at Rs 32,075 crore, up 12% year over year, and CASA ratio as of Sept. 30 at 35.7% vs. 37.3% a quarter ago. Gross advances were up 21% year over year at Rs 78,186 crore and total deposits at Rs 89,774 crore, up 13%.

Hindustan Aeronautics:

The company announced the Indian Air Force will procure 97 more LCAs after it delivered the first LCA Tejas twin-seater aircraft.

Punjab National Bank:

The company reported CASA at Rs 5.38 lakh crore, up 2.6% year over year.Gross advances grew 13.8% to Rs 9.45 lakh crore, and total deposits stood at Rs 13.09 lakh crore, up 9.7%.

Hero MotoCorp:

The company has received 13,688 bookings for its newly launched Karizma XMR. Dispatches to dealerships have already started, and customer deliveries will begin in the festive period this month.

Marico:

The company's domestic volumes grew in a low single-digit percentage range over the previous year, dragged by a persisting weakness in rural demand. Category-wise, sales volumes in its Saffola edible oil and Parachute coconut oil grew in low single-digits, aided by price cuts, while the value-added hair oils segment grew in low singledigit in value terms.

HealthCare Global Enterprises:

The company acquired SRJ CBCC Cancer Hospital in Indore. HCG further plans to expand by adding 100 beds and a state-of-the-art cancer diagnostic and treatment facility within an estimated operational timeline of two years.

Nazara Technologies:

A Singaporean subsidiary of NODWIN Gaming acquired a 100% stake in game marketing agency PublishME from parent firm Nazara Technologies for a sum of $2 million.

Strides Pharma:

The company received USFDA approval for Efavirenz, Emtricitabine, and Tenofovir Disoproxil Fumurate tablets, which are used in HIV treatment.

Bandhan Bank:

The company reported CASA at Rs 43,161 crore, up 6.5% year over year.Loans and advances grew 12.3% to Rs 1,07,633 crore, and total deposits stood at Rs 1,12,074 crore, up 12.8%. 

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