Securities in F&O Ban: Aarti Industries, Aditya Birla Fashion Retail, Granules India, Hindustan Copper, Manappuram Finance are banned from F&O trading on 13 November 2024. Upcoming Result: Astrazeneca Pharma India, Century Plyboards, Deepak Nitrite, Dredging Corporation Of India, FIEM Industries, Garden Reach Shipbuilders and Engineers, Happiest Minds Technologies, HEG, Vodafone Idea, IFCI, ISGEC Heavy Engineering, Kalyan Jewellers India, KSB, Kaveri Seed Company, Mishra Dhatu Nigam, NBCC (India), PI Industries, Pitti Engineering, Precision Camshafts, Prism Johnson, Shilpa Medicare will declare their result later today. Stocks to Watch: NMDC Steel reported net loss of Rs 595.37 crore in Q2 FY25 as compared with net loss of Rs 131.10 crore in Q2 Fy24. Revenue from operations soared 448.8% to Rs 1522.35 crore in Q2 FY25 as compared with Rs 277.41 crore in Q2 FY24. Sula Vineyards reported 37.3% decline in consolidated net profit to Rs 14.48 crore on 1% fall in revenue from operations to Rs 132.36 crore in Q2 FY25 over Q2 FY24. Cello World's consolidated net profit increased 2.1% YoY to Rs 81.64 crore in Q2 FY25. Revenue from operations increased marginally to Rs 490.06 crore in Q2 FY25 as compared with Rs 488.96 crore in Q2 FY24. Bombay Stock Exchange (BSE)'s consolidated net profit soared 188% to Rs 347 crore on 137% surge in revenue from operations to Rs 746 crore in Q2 FY25 over Q2 FY24. Suven Pharmaceutical reported 3.3% increase in consolidated net profit to Rs 82.21 crore on 11.5% increase in revenue from operations to Rs 11.5 crore in Q2 FY25 over Q2 FY24. Ashoka Buildcon's consolidated net profit surged 307% to Rs 457.04 crore on 15.5% increase in revenue from operations to Rs 2,488.93 crore in Q2 FY25 over Q2 FY24. Aurobindo Pharma arm received a good manufacturing practice (GMP) certificate from the European Medicines Agency for Biosimilars manufacturing unit in Hydrebad. Tata Chemicals' subsidiary, Tata Chemicals Europe approved the proposal to make an investment of Rs 655 crore in a sodium bicarbonate plant in the UK. The arm will crease chemical production at the Lostock plant by the end of January 2025. Ultratech Cement's board will meet on 15 November to raise funds upto Rs 3,000 crore via bonds on private placement basis.Powered by Capital Market - Live

Net profit of UltraTech Cement declined 36.01% to Rs 820.04 crore in the quarter ended September 2024 as against Rs 1281.45 crore during the previous quarter ended September 2023. Sales declined 2.36% to Rs 15634.73 crore in the quarter ended September 2024 as against Rs 16012.13 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales15634.7316012.13 -2 OPM %12.9015.93 - PBDT1920.432487.57 -23 PBT1016.581689.74 -40 NP820.041281.45 -36 Powered by Capital Market - Live

The cement maker stated that this addition in capacity forms part of the 22.6 mtpa capacity expansion announced in June, 2022. As a result, the company's total cement capacity has reached 156.06 mtpa. UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third largest cement producer in the world, outside of China, with a consolidated Grey Cement capacity of 154.86 MTPA. The cement major's consolidated net profit rose marginally to Rs 1,696.59 crore in Q1 FY25 as against Rs 1,688.45 crore in Q1 FY24. Revenue from operations rose 1.87% year on year (YoY) to Rs 18,069.56 crore in the quarter ended 30 June 2024. The scrip declined 0.71% to close at Rs 11,324.40 on Wednesday, 17 October 2024.Powered by Capital Market - Live

UltraTech Cement has allotted 329 equity shares under ESOS on 08 October 2024. On allotment, the equity share capital of the Company stands increased to 28,86,97,647 equity shares of Rs. 10/- each aggregating to Rs. 2,88,69,76,470/-. Powered by Capital Market - Live

UltraTech Cement has appointed Dr. Vikas Balia (DIN: 00424524) as an Independent Director with effect from 10 October 2024, for a period of five years. Powered by Capital Market - Live

UltraTech Cement will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live

SLLs are loans where the interest rate is linked to the borrower's sustainability performance. This transaction represents second sustainability-linked financing raised by UltraTech, following its inaugural sustainability-linked bond issuance in 2021. The cement major stated that this financing is aligned with its recently published Sustainability-Linked Financing Framework which covers the company's future sustainability-linked bond and loan issuances. UltraTech's Framework is aligned with the Sustainability-Linked Bond Principles published by the ICMA, the Sustainability-Linked Loan Principles published by the LMA/LSTA/APLMA and has received a Second Party Opinion from S&P Global Ratings, it added. The loan's Sustainability Performance Targets (SPTs) reflect UltraTech's core sustainability objectives, according to the Framework. The targets include a 27% reduction in Scope 1 emissions per ton of cementitious material (kgCO2/t.cem) by March 2032 from a FY17 baseline and a goal to increase the share of green energy from waste heat recovery systems, solar, and wind power to 85% by FY30 and 100% by FY50. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole sustainability coordinator for this transaction and served as the sole advisor on UltraTech's Sustainability-Linked Financing Framework. Lenders for the transaction include SMBC, SBI, BNP Paribas, DBS, MUFG and Mizuho. UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third largest cement producer in the world, outside of China, with a consolidated Grey Cement capacity of 154.86 MTPA. The cement major's consolidated net profit rose marginally to Rs 1,696.59 crore in Q1 FY25 as against Rs 1,688.45 crore in Q1 FY24. Revenue from operations rose 1.87% year on year (YoY) to Rs 18,069.56 crore in the quarter ended 30 June 2024. The scrip rose 0.58% to currently trade at Rs 11,402.70 on the BSE. Powered by Capital Market - Live

Securities in F&O ban : Aarti Industries, Aditya Birla Fashion and Retail(ABFRL), Balrampur Chini Mills, Birlasoft, Chambal Fertilisers and Chemicals, Indian Energe Exchange, India Cements, RBL Bank. Stocks to watch: Ultratech Cement has raise $500 million through a sustainability linked loan with participation from six banks. PI Industries' board has appointed Sanjay Agarwal as group chief financial officer (CFO) with effect from 26 August 2024, following retirement of Manikantan Vishwanathan (CFO) of the company. Medi Asset Healthcare Services' subsidiary, Medi Assist Insurance TPA will enter into a share purchase agreement to acquire Paramount Health Services & Insurance (TPA) for Rs 312 crore. Lemon Tree Hotels has signed a new property, Lemon Tree Hotel, Civil Lines, Ayodhya. The 80 room hotel property is expected to open in FY28. HCL Technologies extended the agreement with Xerox for AI-based innovation and digital engineering solutions. GPT Infraprojects launched qualified institutional placement (QIP), setting floor price at Rs 183.83 per share. Jai Corp has received notification of the merger of promoter, Pet Fibers with Mega pipes. UCAL has signed memorandum of association (MoU) with Blaer Motors for collaborative product design and development on motor controller. Both companies will leverage their combined expertise and resources towards the design and development of electronic components, including motor controllers ranging from 500 watts to 2 kilowatts.Powered by Capital Market - Live