Stocks in Focus- ITC,IEX,ROUTE,TATA.. | Trade Setup for 19.10.2021 | Stocks in News | Pre Market Report | Technical View

Join our Telegram Channel for Live Updates and Calls: FunDirector

Nifty View:

SGX Nifty indicates a positive opening for Nifty.

Global Markets are indicating a slight positive bias. 

28 of Nifty 50 stocks had closed in Green last day. Foreign institutional investors (FIIs) bought net shares worth Rs 512 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 1703 crore.

Key support to Nifty is placed at 18,380 followed by 18,250. Important resistance at 18,530 followed by 18,580.

Stock In News: 

CRAFTSMAN AUTOMATION Q2  : Cons. Net Profit Up 119 % To Rs 49.96 cr (YOY), Up 108 % (QOQ),Revenue Up 54 % To Rs 571 cr (YOY), Up 31 % (QOQ), EBITDA up 42 % To Rs 143 cr (YOY), Up 33 % (QOQ) (Super Positive)

L&T INFOTECH Q2  : Cons. Net Profit 21 % To Rs 551 cr (YOY), Up 11 % (QOQ), revenue Up 26 % To Rs 3767 cr (YOY), Up 9 % (QOQ) (Good)

TATA COFFE Q2  : Cons. Net profit Up 47 % To Rs 34.04 cr (YOY), Up 19 % (QOQ), Revenue Up 1 % To Rs 546 cr (YOY), Up 3 % (QOQ). EBITDA Up 13 % To Rs 100.6 cr (YOY), Up 13 % (QOQ) (Good)

ROUTE MOBILE Q2  : Cons. Net Profit Up 28 % To Rs 42.17 cr (YOY), Up 25 % (QOQ), Revenue Up 25 % To Rs 435 cr (YOY), up 15 % (QOQ), EBITDA Up 33 % To Rs 55.5 cr (YOY), Up 22 % QOQ (Very Good Results)

ITC , Godphrey Philip , Vst Ind. : Ministry Of Health constitutes an expert panel on future taxation policy for tobacco

Kreon Financial Services Ltd board approves rights issue

Choice International Ltd forms Choice Housing Finance Pvt Ltd for housing finance foray

Sterlite Power has been awarded the Nangalbibra-Bongaigaon ISTS power transmission bid for the North-East

NXTDlGITAL Limited fixes Oct 25, 2021 as record date for rights issue

Sanco trans Ltd sells its stake in SANS CFS Ltd

Rama Phosphates Ltd gets nod to operate expanded capacity of SSP, GSSP

Edelweiss Financial Services: Edelweiss Group has announced divestment of its majority stake in Edelweiss Gallagher Insurance Brokers Group to focus on developing its life and non-life insurance businesses

Dixon Technologies (India): Padget Electronics, a subsidiary of the company, and Orbic, a U.S. based smartphone manufacturer have entered into an agreement for manufacturing of smartphones at Padget’s manufacturing facility situated at Noida

Indian Energy Exchange IEXBoard to meet on October 21 to consider the proposal of bonus issue of equity shares

TTK Prestige: To consider sub-division of equity shares of face value of Rs 10 each on October 27

HG Infra Engineering: The company has been declared as L-1 bidder by National Highways Authority of India for two HAM projects

Major Quarterly Results on 19.10.21: 
      • Hindustan Unilever
      • Nestle India
      • 5paisa Capital
      • ACC 
      • ICICI Prudential Life Insurance Company,
      • ICICI Securities
      • Jubilant Ingrevia
      • L&T Technology Services
      • Navin Fluorine International
      • Nelco
      • Rallis India
      • Tata Steel Bsl