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
  Hindustan Zinc Ltd soars 1.2%, Gains for third straight session
 ( Hot Pursuit - 05-Jul-24   13:05 )
  Yes Bank to hold board meeting
 ( Corporate News - 04-Jul-24   10:20 )
  Hindustan Zinc AGM scheduled
 ( Corporate News - 03-Jul-24   13:55 )
  Hindustan Zinc Q1 production rises to 263 kt
 ( Hot Pursuit - 03-Jul-24   11:30 )
  M&M Finance disbursements rises 3% YoY in Jun’24
 ( Hot Pursuit - 03-Jul-24   09:47 )
  Sensex, Nifty hits new record high in early trade; breadth strong
 ( Market Commentary - Mid-Session 03-Jul-24   09:38 )
  Yes Bank gains after recording 15% YoY growth in loans in Q1
 ( Hot Pursuit - 03-Jul-24   09:32 )
  HDFC Bank Ltd Spikes 2.57%
 ( Hot Pursuit - 03-Jul-24   09:30 )
  Stock Alert: Mahindra & Mahindra Finance, Yes Bank, NTPC, Hindustan Zinc, Dmart,
 ( Market Commentary - Stock Alert 03-Jul-24   08:19 )
  Benchmarks trade near day’s high; European mrkt advance
 ( Market Commentary - Mid-Session 26-Jun-24   13:41 )
  Indices hit new life high; Nifty above 23,800 level
 ( Market Commentary - Mid-Session 26-Jun-24   11:33 )
Other Stories
  Stock Alert: HDFC Bank, Raymond, Poonawalla Fincorp, IDBI Bank, Punjab National Bank,
  05-Jul-24   08:23
  Stock Alert: Bajaj Finance, Vedanta, Suryoday Small Finance Bank, Bandhan Bank, L&T Finance
  04-Jul-24   08:27
  Stock alert: Tata Motors, TVS Motor, Hero Motocorp, NMDC, South Indian Bank, CSB Bank
  02-Jul-24   08:41
  Stock alert: Auto firms, BEL, Titan, Dr Reddy’s Lab, Gail (India), Cantanbil Retail, Navin Fluorine Intl, Godrej Prop,
  01-Jul-24   08:31
  Stock alert: MTAR Tech, RIL, Stanley Lifestyle, Vedanta, SBI
  28-Jun-24   08:38
  Stock alert: KNR Construction, Patanjali Foods, Salasar Techno Engg, PI Inds, Tata Comm
  27-Jun-24   08:41
  Stock alert: Sanghi Industries, Mazagon Dock, Sterling and Wilson Renewable, Borosil
  26-Jun-24   08:31
  Stock alert: Star Cement, Advanced Enzyme, Satin Creditcare, RBL Bank, Sun Pharma
  25-Jun-24   08:46
  Stock alert: Gland Pharma, Gujarat Fluorochem, Ujjivan SFB, Prestige Estates, IREDA
  24-Jun-24   08:41
  Stock alert: Paisalo Digital, Greenply Industries, Heubach Colorants, GIC Housing
  21-Jun-24   08:33
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