Ajay Balasaheb Patil

1) Cadila Healthcare Q2FY21 net profit jumped over four-fold to Rs 473.4 crore. The company had posted a net profit of Rs 107.2 crore for the same period of last FY. Consolidated total revenue from operations of the company stood at Rs 3,820 crore. The net debt as on 30th Sept, 2020 stood at Rs 4,031 crore against Rs 6,740. crore as on 31st Mar, 2020. 2) India October Manufacturing PMI reported 12 years high. Germany reported 8-month high October PMI. US reported PMI for manufacturing registered 59.3% in October, the highest level since September 2018. Expect positive for metal stocks ahead of strong demand.  #MOMarketUpdates #MotilalOswal #IndianStockMarket #stockinvesting #Cadila #steel #sensex #nifty #stocktips

1) Pidilite Industries Ltd has entered into a definitive agreement with Huntsman Group (USA) to acquire 100% stake in one of its subsidiaries in India, Huntsman Advanced Materials Solutions Private Ltd (HAMSPL). HAMSPL manufactures and sells adhesives, sealants and other products under well-known brands such as Araldite, Araldite Karpenter and Araseal in India.2) The giant paint companies are in the limelight as the stocks gained because of the volume growth in the decorative segment remains high, especially in rural areas, given better crop production this season. Further, on-going government investments in rural infrastructure and house construction in rural areas should partially mitigate overall slowdown. In the past three month Asian paints & Berger Paints rallied 31% & 20% respectively. paints #MOMarketUpdates #MotilalOswal #indianstockmarket #nifty #sensex #stockinvestment #markettips #asian #bergerpaints #Fevicol #pidilite

For the stock market rule is always same Stay Invested for long term. #Mirzapur2 #stayinvested #stockmarket #motilaloswal #mirzapur #trending #topicalspot #topicalpost

1) The increasing dependency on tech due to the pandemic is resulting in better performance of IT stocks. The positive result of Accenture also resulted in fresh buying of tech stocks in Indian market. 2) Vodafone has won arbitration against India over the government's retro tax demand of Rs 20,000 crore at the Permanent Court of Arbitration in Hague on Friday. The Hague Court in its ruling said that the conduct of the Indian tax department is in breach of "fair and equitable" treatment. The Arbitration Tribunal has directed the Indian Tax Department to cease the conduct on the question. A failure to comply will engage its international responsibility. #MOMarketUpdates #MotilalOswal #Vodafone #ITstocks #Indianstockmarket #stockrecommendation #investingtips #NSE #BSE

As the world highly depends on technology during Covid-19, the technology stocks the IT stocks are gaining attention. HCL has hit a 52-week new high. #MOMarketUpdates #MotilalOswal #ITstocks #indianstockmarket #stockrecommendation #HCL #TCS

The Pharma stocks are positive due to multiple approvals of US FDA for different medicines. The companies are also manufacturing the drugs for the primary treatment of Covid-19. Dr Reddy's Laboratories reclaimed the tag of being the second most valuable listed pharmaceutical company. Sun Pharma is the most valued listed company of India with the market cap of Rs 1.26lakh cr. With a favourable ruling in the appeals court, the odds of launching gVascepa also rise considerably. Bristol Myers Squibb had inked a patent settlement with Dr. Reddy’s Laboratories, allowing the Indian generics company to start with a “volume-limited” launch sometime after March 2022. The exact date of the rollout, and amount of generic Revlimid Dr. Reddy’s will be allowed to sell, are confidential. But on January 31, 2026, the company will have a license to sell its generic Revlimid with no limits. #MOMarketUpdates #IndianStockMarket #MotilalOswal #NiftyPharma #NSE #BSE #Recommendation #Stocktip #Stockrecommendation

Share your jokes on stock market with us in the comment section. #IHaveAJoke #Trending #stockmarket #jokes

1) CEO Sundar Pichai announced a $10b Google for India Digitization Fund to help accelerate India's digital economy, according to a company announcement. Google will invest in India over the next 5 to 7 years. 2) Yes Bank the FPO as the floor price has been set at ₹12, almost 50% lower than the market price. The stock has fallen nearly 17% from its Thursday closing. Yes Bank aims to raise fresh capital of ₹15,000 crores through the further purchase offer (FPO). Out of this, ₹200 crores worth of equity shares will be reserved for its employees. A minimum bid of 1,000 equity shares will be allowed and in multiples of 1,000 equity shares after that. 3) Reliance Industries on Monday became the first Indian company to reach a market capitalisation of above Rs12 trillion as its shares doubled since mid-March. The company will also hold its annual general meeting (AGM) this week (15th July). 4) Biocon announced that its "breakthrough drug," Itolizumab received Drugs Controller General of India's approval for its use in moderate to severe Covid-19 patients. 5) Morgan Stanley has reached a deal to lease up to 1.1 million square feet of office space for 9.5 years from Oberoi Realty. The campus will be located in Goregaon, at the company's Commerz III building and will be ready in 2023. #MOMarketUpdates #Google #YesBank #Reliance #Biocon #MorganStanley #indianstockmarket #equity #stocks #NSE #Nifty50 #BSE #MotilalOswal

Reliance is witnessing smart rally after the news that the BP and Reliance Industries completed a new Indian fuels and mobility joint venture. BP paid Reliance $1bn for a 49% stake in the JV, with the Indian company holding the remaining 51%. The venture expects to expand from RIL’s current fuel retailing network of over 1,400 retail sites and 30 aviation fuel stations across India to as many as 5,500 retail sites over the next five years. Reliance surged over 3% to closed at Rs1881 amid 2.1cr shares traded on NSE. #MOMarketUpdates #Reliance #Stockmarket #bullish #MotilalOswal #investment