Stocks in the news: Due to the positive trigger, some stocks will remain in the spotlight today, i.e. October 28, 2022. If you are looking for the best intraday stocks, you can follow them.
Stocks in the spotlight today: In a volatile market today, i.e. October 28, 2022, some stocks are poised for action. With a positive trigger, these stocks could remain in the spotlight of the market today. If you are looking for the best intraday stocks, you can follow them. Today’s list: Tata Chemicals, Maruti Suzuki, Dr Reddy’s, JSW Energy, Vedanta, Tata Power, Bandhan Bank, Newgen Software Technologies, Kaveri Seed Company, Dhanuka Agritech, NTPC, IOC, Infibeam Avenues, IRB Infrastructure, Anupam Rasayan, CE Info Systems . , Dwarikesh Sugar, NIIT, Sona BLW Precision Forgings, TTK Healthcare, Kirloskar Electric Company, Transport Corporation of India. Some of them have strong quarterly results, while others show positive sentiment.
Today, ie October 28, some companies are going to publish their quarterly results. Maruti Suzuki stands out among them. In addition, results from Dr Reddy’s, JSW Energy, Vedanta, Tata Power, Bandhan Bank, CCL Products (India), Dwarikesh Sugar, NIIT, Sona BLW Precision Forgings and TTK Healthcare will be released.
Quarterly results of NTPC, IOC will be published on Saturday, ie October 29th. In addition, results from Himadri Specialty Chemical, Kirloskar Electric Company, Seshasayee Paper & Boards and Transport Corporation of India are expected.
The company’s profit almost tripled to Rs 685 crore in the September quarter. A year ago, the company made a profit of 248 crores in the same quarter. Revenue increased by 40 percent to Rs 4,239 crore.
Nugen Software Technologies
Marathon Edge India Fund I acquired an additional 20,000 shares of the company through open market transactions at an average price of Rs 345 per share. As of September 2022, the fund already owned 18.52 million shares, or 2.65% of the company’s shares. However, India Acorns Icav sold 9.83 lakh shares at an average price of Rs 345.03 per share and AL Mehwar Commercial Investments LLC sold 5.01 lakh shares at an average price of Rs 345.01.
Kaveri Seed Company
The company said the board has approved a share buyback offer of Rs 125.65 crore at a price of up to Rs 700 per share. With the maximum buyback price and buyback amount, the maximum number of shares to be bought back will be 17.95 thousand shares.
The company said the board of directors will consider a bid to buy back the company’s common stock via a tender offer route on Nov. 1. The Board will also review on the same day the unaudited separate and consolidated financial results for the quarter and half year ended September 2022.