Stocks To Watch Today: Tech Mahindra, LG Electronics, Persistent Systems, ICICI Lombard, Keystone Realtors
Indian stock markets are expected to be volatile today, with several key companies announcing their Q2 results and other major corporate actions. Stock market news will be closely watched by investors, as they look to make informed decisions about their investments.
Keystone Realtors Promoters to Sell Stake
Keystone Realtors’ promoters will sell up to 45.8 lakh shares or 3.63% stake of the company via an offer for sale on October 15-16. The floor price for the deal is set at Rs 550 per share, which is a 10% discount to the current market price. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Keystone Realtors share price today.
TCC Concept Acquires Stake in Pepperfry
TCC Concept has acquired a 95.2% stake in Pepperfry on a fully diluted basis for Rs 659 crore. The company has also approved the issuance of 1.2 crore shares to sellers at Rs 557.94 per share. This acquisition is expected to have a significant impact on the e-commerce industry, and investors will be closely watching the e-commerce industry news today.
Ola Electric Mobility to Launch New Product
Ola Electric Mobility is set to launch a new product in the energy space on October 17 via a premiere on its official social media handles. The company is also expected to launch its first non-vehicle product this Diwali. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Ola Electric Mobility share price today.
LG Electronics India Unveils New Home Appliances
LG Electronics India has unveiled a new line of home appliances, called the ‘LG Essential Series’, which is made for the Indian market. This move is expected to have a significant impact on the consumer durables industry, and investors will be closely watching the consumer durables industry news today.
Avenue Supermarts Opens New Store
Avenue Supermarts has opened a new store in Andhra Pradesh, taking the total number of stores to 433. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Avenue Supermarts share price today.
Star Cement Approves Fund Raising
Star Cement has approved the raising of funds worth up to Rs 1,500 crore via a private placement or preferential issue. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Star Cement share price today.
Tech Mahindra Q2 Results
Tech Mahindra has announced its Q2 results, with revenue up 4.8% to Rs 13,995 crore and net profit up 5% to Rs 1,194.50 crore. The company has also announced a dividend of Rs 15 per share. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Tech Mahindra share price today.
ICICI Lombard General Insurance Co Q2 Results
ICICI Lombard General Insurance Co has announced its Q2 results, with total income up 12.5% to Rs 6,583 crore and net profit up 18.1% to Rs 820 crore. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the ICICI Lombard General Insurance Co share price today.
Cyient DLM Q2 Results
Cyient DLM has announced its Q2 results, with revenue down 20.2% to Rs 310.60 crore and net profit at Rs 32 crore. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Cyient DLM share price today.
Thyrocare Technologies Q2 Results
Thyrocare Technologies has announced its Q2 results, with revenue up 22.1% to Rs 216.53 crore and net profit up 81% to Rs 47.81 crore. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Thyrocare Technologies share price today.
Persistent Systems Q2 Results
Persistent Systems has announced its Q2 results, with revenue up 7.4% to Rs 3,580.70 crore and net profit up 11% to Rs 471.40 crore. This move is expected to have a significant impact on the company’s stock price, and investors will be closely watching the Persistent Systems share price today.
Investors can stay up-to-date with the latest stock market news today and make informed decisions about their investments. With several key companies announcing their Q2 results and other major corporate actions, it is expected to be a volatile day for the Indian stock markets.
