Reliance: Jio launches Jio True 5G, the world’s most advanced 5G service (Positive)
Bharat Forge/RK Forge/Motherson: North America Class 8 Truck orders at 53,700 units, up 151% MoM & 34% YoY, highest monthly orders (Positive)
JSW Energy: Company enters into a MoU with Maharashtra Govt for setting up a 960 MW hydro pumped storage project. (Positive)
ZEEL: CCI India approves Zee-Sony merger proposal with certain modifications (Positive)
AU bank: Total deposits up 7% at Rs 58335 cr, Recoveries at 109% Vs 106% QoQ (Positive)
Sterlite Tech: Company completes divestment of stake in Impact Data Solutions, UK (Positive)
Zydus Life: Company gets final USFDA nod & 180 days shared exclusivity for Brivaracetam tablets (Positive)
IEX: Company achieved 8160 MU volume in September 2022, up 5 percent MoM (Positive)
HFCL: Company to invest Rs 450 crore, make telecom parts. (Positive)
Sugar stocks: India's record sugar exports during 2021-2022 bring in Rs 40,000 crore worth of foreign exchange (Positive)
Atul Auto: Atul Auto to consider fundraising on October 8 (Positive)
Jubilant FoodWorks: Jubilant FoodWorks arm acquires additional stake in Netherlands-based DP Eurasia NV. (Positive)
Oil upstream stocks: OPEC+ panel proposes a cut of 2 million barrels a day to its output, From Bloomberg (Positive)
IRB Infrastructure: Says refinance of loan by Solapur Yedeshi Tollway project (Positive)
SpiceJet is expecting to receive an additional ₹1,000 cr as part of modified ECLGS (Positive)
HCL Tech: Company to hire 1,000 people in Brazil in the next two years. (Neutral)
Tata Steel: Company divests 19% stake in AL Rimal to Tanmia. (Neutral)
RBL bank: Total deposits up 5% at Rs 79,407 cr Vs Rs 75,588 cr, CASA ratio 36.2% Vs 35.4% YoY (Neutral)
Indiabulls Housing Finance: Company hikes lending rates by 50 bps (Neutral)
ICICI Bank: Hikes lending rates by 10 bps across tenures, hikes external benchmark lending rate by 15 bps to 9.25% (Neutral)
GAIL: Company appoints Sandeep Kumar Gupta as Chairman & MD. (Neutral)
Godrej CP: In India, expect to deliver high single-digit sales growth. Company's 3-year CAGR remains robust and close to double-digits (Neutral)
Bank of Maharashtra: Q2 advances (provisional) at ₹1.48 lakh crore vs ₹1.41 lakh crore (QoQ) (Neutral)
South Indian Bank sees a 17% increase YoY in gross advances in Q2 while deposits remain flat (Neutral)
Britannia: Company acquires control of Kenafric Biscuits (Neutral)
Vedanta: Q2 total aluminium production up 2% at 5.84 lakh tonnes Vs 5.70 lakh tonnes (YoY) (Neutral)
HDFC: Loans assigned in Q2 amount to ₹ 9,145 crore Vs ₹ 7,132 crore (YoY) (Neutral)
Quess Corp: Appoints Kamal Pal Hoda as Group CFO (Designate) with immediate effect (Neutral)
Marico: Consolidated revenue in September FY23 quarter grew in low single digits on a year-on-year basis (Neutral)
Ratnamani Metals: Buys majority stake in Ravi Technoforge (Neutral)
State Bank: Fitch Affirms State Bank of India at ‘BBB-’; Outlook Stable (Neutral)
Adani Green Energy: Says its unit incorporated three new units to produce, sell, distribute renewable energy (Neutral)
Oil downstream stocks: OPEC+ panel proposes a cut of 2 million barrels a day to its output, From Bloomberg (Negative)
