Market Commentary     03-Jul-24
Stock Alert
Stock Alert: Mahindra & Mahindra Finance, Yes Bank, NTPC, Hindustan Zinc, Dmart,
Securities in F&O ban: The India Cements and Indus Towers

Mahindra & Mahindra Financial Services reported disbursement up 5% year-on-year at Rs 12,730 crore for the end of Q1 FY25 and business assets increased 4% QoQ at Rs 1.06 lakh crore. Collection efficiency for the end of Q1 FY25 stood at 94%.

Yes Bank’s loans and advances up 14.8% year-on-year at Rs 2.29 lakh crore, deposits up 20.8% year-on-year at Rs 2.64 lakh crore in the Q1 FY25. CASA ratio at 30.7% as against 30.9% QoQ.

NTPC reported power generation up 9.5% year-on-year at 113.87 BU, and coal stations recorded a plant load factor of 79.5% at the end of Q1 FY 25

Hindustan Zinc reported a 2% year-on-year increase in Mined metal production at 263 kt, Saleable metal output up 1% at 262 kt YoY, and silver output down 7% at 167 tonnes YoY.

Avenue Supermart (Dmart) reported standalone revenue up 18% year-on-year at Rs 13,712 crore. The total stores stood at 371 as of 30 June 2024.

MosChip Technologies signed a pact with C-DAC and Socionext to make a high-performance computing processor AUM. The processor is to be built on TSMC's 5 nm technology node.

Primo Chemicals secured long-term coal linkages via a 10-year fuel supply agreement with Northern Coalfields.

Piramal Enterprises’ board approved raising upto Rs 180 crore via bonds.

Previous News
  Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 1,250 cr
 ( Corporate News - 26-Sep-24   15:14 )
  Hindustan Zinc Ltd soars 0.1%, up for fifth straight session
 ( Hot Pursuit - 25-Sep-24   13:00 )
  Mahindra Finance ends higher after board OKs proposal to issue NCDs of up to Rs 1,250 crore
 ( Hot Pursuit - 23-Sep-24   15:57 )
  Volumes soar at Asahi India Glass Ltd counter
 ( Hot Pursuit - 20-Sep-24   14:30 )
  Mahindra & Mahindra Financial Services receives ratings action from CRISIL
 ( Corporate News - 17-Sep-24   15:06 )
  CARE Ratings upgrades LT rating of Yes Bank to 'A+' with 'stable' outlook
 ( Hot Pursuit - 17-Sep-24   11:24 )
  Hindustan Zinc Ltd up for third straight session
 ( Hot Pursuit - 16-Sep-24   13:05 )
  Board of the Mahindra & Mahindra Financial Services approves expansion into mortgage business
 ( Corporate News - 13-Sep-24   16:02 )
  Mahindra Finance hits 52-week high after board OKs to expand mortgage biz
 ( Hot Pursuit - 13-Sep-24   15:46 )
  Hindustan Zinc joins hands with Skipper for galvanizing India’s heaviest steel pole structure
 ( Hot Pursuit - 11-Sep-24   12:10 )
  Hindustan Zinc partners with Skipper for India's Heaviest Transmission Steel Pole Structure
 ( Corporate News - 11-Sep-24   09:17 )
Other Stories
  Stock Alert : Hero Motocorp, Dabur India, Maruti Suzuki India, Marico, HDFC Bank
  03-Oct-24   08:38
  Stock Alert: Auto stocks, Kalpataru Projects Intl, Tata Power Company, PC Jeweller, Ultratech Cement
  01-Oct-24   08:28
  Stock Alert: Alembic Pharma, Bajel Projects, Zydus Lifesciences, Lupin, Adani Enterprises, Biocon
  30-Sep-24   08:34
  Stock Alert: Infosys, Indian Bank, Escorts Kubota, Biocon, Jubilant Pharmova
  27-Sep-24   08:34
  Stock Alert: ONGC, Cipla, Vedanta, Infosys, Uno Minda, Hindustan Copper
  26-Sep-24   08:14
  Stock alert: MCX, HDFC Life Insurance, Delta Corp, Gillette India, PC Jeweller
  25-Sep-24   08:23
  Stock Alert: Punjab National Bank, Reliance Power, Coal India, Power Grid Corp, Thangamayil Jewellery
  24-Sep-24   08:25
  Stock alert: Vodafone Idea, Adani Total Gas, Mankind Pharma, BHEL, Tata Steel,
  23-Sep-24   08:32
  Stock Alert: IIFL Finance, NTPC, Reliance Infra, IDBI Bank, Joythy Labs
  20-Sep-24   08:28
  Stock Alert: Nazara Tech, BL Kashyap, Aditya Birla Capital, ION Exchange, Macrotech Developers
  19-Sep-24   08:21
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