Positive vaccine news for Pfizer pulled up the bank stocks. #MOMarketUpdates #MotilalOswal #NiftyBank #IndianStockMarket #NiftyFinancials

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) National Securities Depository (NSDL) increased the Airtel's foreign ownership limits to 100%. The company's consolidated revenue came in at Rs 25,785 crore for the quarter ended 30th Sept 2020. Consolidated EBITDA came at Rs 11,848.3 crore, while EBITDA margin came at 46%.2) Castrol's net profit was up 8.6% to Rs 204.60 crore in the quarter ended September 2020 against Rs 188.40 crore in the year-ago period.3) Hero Motor will sell and service Harley-Davidson motorcycles and sell parts & accessories and General Merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero's existing dealership network in India. As part of a Licensing agreement, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name. #MOMarketUpdates #Indianstockmarket #MotilalOswal #nifty #sensex #HeroMotor #HarleyDavidson #Airtel #castrol

Samvat 2077 MOFSL Diwali picks. #MOMarketUpdates #Diwalipicks #indianstockmarket #muharattrading #motilaloswal

1) Strong Q2 results and Auto monthly sales data lifted Shriram Transport. The company reported a Consolidated sales of Rs 4347.75 Crore, up 5.00 % from last quarter Sales of Rs 4140.91 Crore and up 3.09 % from last year same quarter Sales of Rs 4217.54 Crore Company reported net profit after tax of Rs 684.56 Crore in latest quarter. 2) Indusind Bank Q2 FY21 consolidated net profit stood at Rs 663.1 crore, up from Rs 510.39 crore QoQ and down from Rs 1,400.96 crore YoY. The bank's Q2 FY21 NII grew 12.7% YoY to Rs 3,278 crore against 2,909.4 crore in Q2 FY20. #MOMarketUpdates #indianstockmarket #motilaloswal #nifty #sensex

· Baja Electricals consolidated net profit at Rs 53.1 crore against a loss of Rs 32.5 crore in the same quarter last fiscal. Its revenue was up 11% at Rs 1,218 crore against Rs 1,095.6 crore in the year-ago period.· BASF reported a consolidated net profit of Rs 412.8 crore for the second quarter of the current fiscal. Its net profit stood at Rs 2.32 crore in the same quarter of the previous fiscal, according to a regulatory filing. Total income for the September quarter increased to Rs 2,462.8 crore from Rs 2,080.5 in the year-ago period.· HPCL company's Q2FY21 standalone net profit more than doubled to Rs 2,477.4 crore against Rs 1,052.3 crore in the corresponding quarter a year ago. Revenue, however, declined 15% YoY to Rs 51,773.3 crore for the quarter against Rs 60,868.4 crore in the previous year's same quarter. The company's board approved a proposal for buyback of equity shares for an aggregate amount not exceeding Rs 2 500 crores and at a price not exceeding Rs 250 per equity share, payable in cash, from its shareholders / beneficial owners from the open market.· SRF consolidated net profit rose 57% to Rs 316 crore for the quarter ended September. Its net profit stood at Rs 201 crore in the year-ago period. The consolidated revenue of the company increased by 21% from Rs 1,738 crore to Rs 2,101 crore in Q2FY21 when compared with the corresponding period last year.· #MOMarketUpdates #MotilalOswal #Indianstockmarket #stocksinnews #stockinvesting #BSE #Sensex

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