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Sensex Today | Stock Market LIVE Updates: MUFG in talks with Shriram Finance for a 20% stake, says report

Published on 03/11/2025 01:05 PM

LTIM Partners With International Film Festival Of India To Drive AI-Powered Storytelling In Cinema

NCL Ind | Commissions 0.66 mtpa Cement Grinding Facility At Thallapalem, Andhra Pradesh

Overall, Cement Production Capacity Of The Co Increased From 3.30 mtpa To 4 mtpa

MUFG in talks with Shriram Finance for a 20% stake, says Moneycontrol

 

Amid worries that the government bond market is being pressured by the banking system’s tightening liquidity, three traders with knowledge of the situation told Reuters that the Reserve Bank of India (RBI) will meet with a small group of primary dealers and banks on Tuesday, November 4.

The traders, who asked not to be identified because they are not permitted to address the media, stated that the meeting, despite the lack of a clear agenda, is anticipated to centre on the state of the market.

Net profit at ₹397 cr vs CNBC-TV18 poll of ₹367 cr

 

 

Strides Pharma

Dredging Corporation of India

According to AWL Agri Business’s September quarter results, its profitability decreased year over year, but its margins stayed the same as they were the previous year. Following the results announcement, there have been erratic movements in the stock.

The company’s Quick Commerce sales continued to rise at a rate of 86% over the previous year, and throughout the past 12 months, total revenue from different channels has surpassed ₹4,400 crore.

 

On Monday, November 3, Larsen and Toubro (L&T) Ltd. announced that its heavy engineering business vertical has inked a Memorandum of Understanding (MoU) with the Asia division of Holtec International, a US-based developer of nuclear energy solutions.

The MoU is for heat transfer equipment design and construction solutions.

 

According to US President Donald Trump, the most cutting-edge processors from artificial intelligence behemoth Nvidia will only be available to US businesses and will not be sold in China or other nations.

In remarks to reporters on board Air Force One and in a recorded interview that aired on Sunday on CBS’ “60 Minutes” show, Trump stated that the world’s most valuable firm by market capitalisation, Nvidia, should only provide its top-end Blackwell chips to US consumers.

 

The shares of AWL Agri Business fell from the highs after the company announced its Q2 results.

Dharmesh Kant, Head Research, Chola Securities

Apollo Hospitals & Narayana:

The shares of Dodla Dairy fell by over 3% after the company announced its Q2 results. The stock has fallen over 6% from the day’s high.

The share of Dredging Corp has extended its gains to hit the upper circuit.

L&T | Signs MoU With Holtec To Strengthen Heat Transfer Solutions For Nuclear Power Sector

On Monday, November 3, Strides Pharma Ltd.’s stock jumped 10% to a record high of ₹1,025, continuing its four-session winning streak. The stock is already up almost seven times from its 2023 lows after rising 26% over the last four trading days.

 

A stronger September quarter has prompted Motilal Oswal Financial Services to revise earnings estimates higher for several of its portfolio stocks.

 

The shares of Mediplus Healthcare surged over 9% post earnings.

According to a Reuters examination of official statistics, subdued industrial activity and unusually rainy weather weakened electricity demand and lowered cooling needs, causing India’s power output to decline at the highest rate since the epidemic last month.

In October, 142.45 billion kWh of electricity were generated, a 6% decrease from the previous year, according to statistics analysed by federal grid regulator Grid-India.

 

Following the recent SEBI draft proposals, which show a change in the weighting of the top constituents of non-benchmark indices, Indian Bank and other PSU lenders saw a significant uptick last week. This has raised the likelihood that more stocks will be added to the Nifty Bank index.

 

Shriram Prop | Signs JDA In South Bengaluru With Est GDV Potential Of Over ₹350 Cr

These are some of the stocks trading with higher that usual volume among Nifty 500 stocks, higher than 10-day average.

Dharmesh Kant, Head Research, Chola Securities

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