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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 97.35 points higher at 19,230.60 on Friday.

Tata Steel:

The record date in the matter of the scheme of amalgamation amongst the company and Tata Steel Long Products is Nov. 17. Tata Steel will issue and allot full paid?up equity shares to the shareholders of TSLP on the record date in the ratio of 67 equity shares of Rs 1 each for every 10 equity shares of Rs 10 each held in TSLP.

Indian Oil Corp:

Company gets approval from NCLT's Mumbai Bench for the acquisition of a 100% stake in Mercator Petroleum.

Infosys:

The company and Spirit AeroSystems inaugurated their dedicated centre for aerospace engineering excellence in Richardson, Texas.

Elpro International:

The company has acquired 33,650 shares of HDFC Bank at an acquisition cost of Rs 5.01 crore.

Greaves Cotton:

The company sold its land located in Pune to Runal Developers LLP for a total consideration of Rs 284 crore.

Restaurant Brands Asia:

The company executed a facility agreement with Axis Bank. The agreement is for availing a secured term loan facility for up to Rs 150 crore.

Earnings In Focus

Varun Beverages, Divis Laboratories, Adani Energy Solutions, Max Healthcare Institute, NHPC, Linde India, Bharat Forge, FSN E?Commerce Ventures, Hindustan Petroleum Corp, AIA Engineering, Honeywell Automation India, K.P.R. Mill, Gland Pharma, Emami, Exide Industries, Hitachi Energy India, Radico Khaitan, Gujarat State Petronet, Bajaj Electricals, Bikaji Foods International, Redington, BLS International Services, Zydus Wellness, TVS Supply Chain Solutions, Sun Pharma Advanced Research, Sobha, Ujjivan Financial Services, Garware Technical Fibres, Quess Corp, Fusion Micro Finance, HG Infra Engineering, VRL Logistics, Man Infraconstruction, Borosil Renewables, Indo Count Industries, PG Electroplast, Privi Speciality Chemicals, Gateway Distriparks, Jamna Auto Industries, Heidelbergcement India, Navneet Education, HLE Glascoat, Kolte Patil Developers, Dalmia Bharat Sugar and Industries, V?Mart Retail, Banco Products India, Polyplex Corp, India Pesticides, Shivalik Bimetal Controls, VA Tech Wabag, Stylam Industries, Ashapura Minechem, Paras Defence And Space Technologies, Barbeque? Nation Hospitality, Sequent Scientific, Camlin Fine Sciences, Repco Home Finance Gujarat Industries Power Co Xpro india Greenplay industries Rupa & Co, Marathon Nextgen Realty, Uttam Sugar Mills, Rossell India, Seamec, Gokul Agro Resources, Monte Carlo Fashions, Fairchem Organics, Alicon Castalloy, Kitex Garments, Onmobile Global, Peninsula Land, Faze Three, Shanti Educational Initiatives, Dolat Algotech

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