Overnight Digest: Stocks to keep on your radar for November 7

Shreya Chaware
/ Categories: Trending, Mindshare
Overnight Digest: Stocks to keep on your radar for November 7

Watch out for these stocks for Monday's trading session.

Rally in European markets, positive momentum in other Asian peers led the Indian markets to rebound during the trading session. 

In a volatile session on Friday, the benchmark indices managed to end on a green note. Sensex ended 113.95 points or 0.19 per cent at the 60,950.36 level while Nifty settled 64.50 points or 0.36 per cent at 18,117.20 level.  

Watch out for these stocks for Monday's trading session - 

Titan CompanyTitan Company reported a growth of 33 per cent in its standalone profit, after tax on a YoY basis standing at Rs 857 crore for Q2FY23. Meanwhile, the net profit stood at Rs 641 crore in Q2FY22. Total income for the quarter was Rs 8,308 crore compared to Rs 7,028 crore of Q2 FY22 (excluding bullion sale). The shares of Titan Company ended marginally higher by 0.18 per cent in Friday's trading session.  

Rail Vikas Nigam - Rail Vikas Nigam Limited (RVNL) has been awarded the contract for increasing speed potential to 160 KMPH in the Pradhankhanta - Bandhua Section of the Dhanbad Division under East Central Railway. The total cost of the contract is Rs 137.55 crore. The shares of Rail Vikas Nigam travelled fiercely in today's trading session, closing 8.56 per cent up at Rs 46.3 per share. 

Adani Enterprises - Adani Enterprises posted a robust 122 per cent year-on-year growth in consolidated profit at Rs 432.3 crore for Q2FY23, owing to strong financial performance. Revenue for the quarter zoomed by 189 per cent on a YoY basis to Rs 38,175 crore and EBIDTA improved 69 per cent to Rs 2,136 crore led by a healthy performance by integrated resource management and airport business. The shares of Titan jumped beyond 7 per cent on an intraday basis.  

Rate this article:
4.1

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary30-May, 2023

Mindshare30-May, 2023

Interviews30-May, 2023

Mindshare30-May, 2023

Dividend30-May, 2023

Knowledge

Fundamental28-May, 2023

Fundamental17-May, 2023

Fundamental13-May, 2023

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Investment in securities market are subject to market risks.Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.