In equity markets; downs are temporary, ups are permanent. Sensex @ 50,000. #milestone #indianstockmarket #sensex #milestone #indianstockmarket #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

TVS Motor gained 7% after reported better than expected Q2 results – Company reported Ebitda Rs430cr (up 13% YoY) – expectation Rs407cr and Ebitda Margin 9.3% vs 8.8% - expectation 8.6%.· Cholamandalam Investment reported a 41% rise in profit after tax to Rs 432 crore for the September 2020 quarter, on improvement in net income margin and lower operational expenses. The diversified financial services company had posted a profit after tax of Rs 307 crore in the corresponding quarter of the previous financial year.The company's asset quality as on September 30, 2020, represented by stage-3 assets, stood at 2.75% with provision coverage of 43%. · HPCL board will consider share buyback on November 4. #MOMarketUpdates #MotilalOswal #HPCL #TVSMotors #IndianStockMarket #nifty #sensex #quaterlyresults #investing

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

Tech stocks will remain in focus on the outcome of US election results. #MOMarketUpdates #Indianstockmarket #ITstocks #TCS #Infosys #Sensex #Nifty

FMCG companies in India by their YTD returns. #MOMarketUpdates #MotilalOswal #FMCG #Indianstockmarket #stockinvesting #Sensex #Nifty

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