Stocks in news: Grasim, Hero MotoCorp, Cipla, Varun Beverages, Vodafone Idea

by PratapDarpan
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Local markets extended their corrective phase, down about one-and-a-half percent, continuing the current downward trend. In today’s trade, stocks of Grasim, Hero Motocorp, Cipla, Varun Beverages, Vodafone Idea will be in focus due to various news developments and second quarter results.

HAL, Grasim, Hero MotoCorp, Honasa Consumer, Delhivery

Shares of HAL, Grasim, Hero MotoCorp, Honasa Consumer and Delhivery will be in focus as the companies announce their quarterly results later today.

Vodafone Idea
Vodafone Idea narrows its September quarter loss to Rs. 7176 crores, which in the same quarter last year was Rs. 8738 crores.

Eicher Motors
Eicher Motors shares will be in focus today as the company reported its standalone net profit for the quarter ended September 2024 at Rs. 1010 crores registered a growth of 8%.

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    Read more: Here is the trade setup for today’s session

    Varun Beverages
    Varun Beverages has launched a qualified institutional placement on Wednesday. The floor price for the same has been fixed at Rs 594.56 per share.

    Cipla
    The US FDA has issued a Form 483 with 8 observations to the company’s manufacturing unit at Virgonagar, Bengaluru. The health regulator inspected the manufacturing facility at Virgonagar from November 7-13.

    Apollo Tire
    Apollo Tires in the September quarter posted Rs. 297 crore in net profit. Income from operations Rs. 6437 crores.

    Tata Power
    Tata Power launched a 126 MW floating solar project at Omkareshwar in Madhya Pradesh.

    Sun TV
    In the quarter ended September 2024, Sun TV reported Rs. 409 crore net profit was reported. Income from operations Rs. 934 crores.

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