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Buy NMDC with a stop loss of ₹74 and a target of ₹80-82Buy Shriram Finance with a stop loss of ₹688 and a target of ₹800-820

“Varun Beverages has been struggling as far as the volume growth is concerned in the India side of the business, and that’s the reason why they are looking to other geographies. Africa, as far as beverages are concerned, which is non-alcoholic, their biggest competitor is Coca-Cola. And their margins are 14-15%. So, it will be margin dilutive if they market the non-alcoholic beverages in Africa. So that is not a great thing for Varun Beverages to have as of now. I think it’s more of a Carlsberg high, which the stock is running as of now. Going forward, it will depend upon how they are going to monetise this kind of an opportunity into the margin accretive part of the portfolio, to which I doubt it will be a margin accretive kind of a business. Alcohol, as you said, it’s a separate story altogether if they enter into that. But again, it signifies that they are struggling to maintain their run rate of 30% kind of a CAGR, which they have been successfully doing for the last six, seven years with RoEs of 22-23%. So, I think going forward, the RoEs will fall below 20% kind of a mark and the run rate of growth will also come down to 15-16%. If you strip off the finance costs and the inventory gains, which was there in this quarter reporting, so then the PAT growth is only 5-6% stripped off that. So too many caveats out there, but the management is forthcoming and they are forward looking and they are trying to come out and get into new growth geographies. But my sense is, whichever way you look at it, it’s going to be margin dilutive rather than accretive going forward.”

Vedanta Application For Demerger In NCLT Suffers A Delay

NCLT Bench Has Been Reconstituted, NCLT To Hear The Vedanta’s Plea, Govt Objections Again

Vedanta Seeks Rehearing At The Earliest, NCLT To Begin Re-Hearing Case On Nov 12

Insolation Energy | Bags Turnkey Project Order Worth `₹232.36 Cr

Net Profit (GU)6.8% At `286 Cr Vs `268 Cr (YoY)

NII (GU)15% At `593 Cr Vs `516 Cr (YoY)

CGPower reports its Q2 results

L&T is currently the top contributor towards Nifty 50’s downside, down 14.2 points.

M&M, Coal India, Kotak Mahindra Bank, Maruti Suzuki are the other top contributors towards its downside.

Nifty is currently up 0.46% or 118.75 points at 26,054 points

KPI Green Gets LoI For An Order Worth ₹1050 Crore

Net Profit At Rs 25 Cr Vs Rs 11.2 Cr (YoY)

Revenue up 11%

At Rs 511.6 Cr Vs Rs 461.4 Cr (YoY)

EBITDA At Rs 98 Cr Vs Rs 37.3 Cr (YoY)

Margin At 17.7% Vs 8.1% (YoY)

Net Profit At Rs 301.5 Cr Vs Rs 54 Cr (YoY)

Revenue up 9% At Rs 5,206.3 Cr Vs Rs 4,774 Cr (YoY)

EBITDA At Rs 447.4 Cr Vs Rs 138.4 Cr (YoY)

Margin At 8.6% Vs 3% (YoY)

Net Profit up 72% At Rs 139.5 Cr Vs Rs 81 Cr (YoY)

Revenue up 34% At Rs 1,493.7 Cr Vs Rs 1,116.3 Cr (YoY)

EBITDA up 45.4% At Rs 237.40 Cr Vs Rs 163.3 Cr (YoY)

Margin At 31.2% Vs 28% (YoY)

Shares of NMDC Ltd., the state-run miner surged to the day’s high on Wednesday, October 29, in response to its September quarter results, which were better compared to the same quarter last year across parameters.

Net profit for the period increased by 41% from the same quarter last year to ₹1,683 crore, which was higher than the CNBC-TV18 poll of ₹1,621 crore.

here

Net Profit up 4% At Rs 65 Cr Vs Rs 63 Cr (YoY)

Revenue up 3.6% At Rs 1,341 Cr Vs Rs 1,294 Cr (YoY)

EBITDA down 1% At Rs 109 Cr Vs Rs 110 Cr (YoY)

Margin At 8.2% Vs 8.5% (YoY)

Sanofi India Ltd on Wednesday reported a 7.5% decline in profit for the third quarter ended September 30.

The drugmaker’s net profit came in at ₹76 crore, compared with ₹82 crore a year earlier.

Revenue from operations dropped 9.3% to ₹475.4 crore from ₹524 crore a year ago, the company said in an exchange filing.

here

Apar Industries Ltd posted strong second-quarter earnings, with consolidated net profit rising 30% year-on-year to ₹252 crore, compared with ₹194 crore in the same period last year.

Revenue from operations increased 23% to ₹5,715.4 crore from ₹4,644.5 crore a year ago.

here

State-run NLC India Ltd reported a 27.1% year-on-year decline in consolidated net profit for the quarter ended September 2025 at ₹665 crore, compared with ₹912 crore in the corresponding quarter last year.

Shares slid past the lowest point in over a month soon after the earnings.

Revenue from operations rose 14% to ₹4,178.4 crore from ₹3,657.3 crore a year ago, supported by higher output and improved realisations for the Chennai-based lignite coal miner.

here

Coal India Ltd. reported its results for the September quarter on Wednesday, October 29, which were lower than analyst expectations on most parameters.

Revenue for the quarter declined by 3.2% from the same quarter last year to ₹30,187 crore, but higher than the CNBC-TV18 poll expectation of ₹29,587 crore.

here

Voltamp | Gets LoI For An Order Worth ₹149 Cr For Supply Of Various Ratings Of Power Transformers

Coal India shares decline after decline in margin

Board approves second interim dividend of ₹10.25/sh

Net Profit At ₹4,262 Cr Vs CNBC-TV18 Poll Of ₹5,544 Cr

Quarterly Results

Loans totalling ₹49,000 crore were paid off early by REC Limited, a prominent power industry financier under the Ministry of Power, between July and September 2025.

The Kaleshwaram Irrigation Project in Telangana, which was carried out by BHEL, another public sector organisation, provided the majority of the payment, approximately ₹11,413 crore.