Prabhudas Lilladher's research report on Bharti Airtel. Bharti Airtel reported an EBITDA of Rs218bn (+10.9%QoQ; PLe: Rs217.1bn, BBGe: Rs217.6bn). Adj PAT came in at Rs44.5bn (up 29.8% QoQ; PLe: Rs38.8bn, BBGe: Rs43.9bn). India mobile revenues were up 10.3%QoQ with a stable EBITDA margin of 57.1%. ARPU improved QoQ to Rs233 with a net subscriber loss of 2.9mn in Q2.

Five-Star Business Finance's shares dropped 11% despite strong Q3 performance, as management trimmed AUM growth guidance from 30% to 25%. AUM grew 32.2% to ₹10,927 crore, while provisions doubled to ₹21.8 crore. Brokerages Avendus Spark and DAM Capital downgraded the stock, citing concerns. Five-Star Business Finance's shares fell 10.3% to ₹787.1, trimming year-to-date gains to 7%.

📌Axis Bank| Buying Range: ₹1,189-1,210 | Targets: ₹1,332-1,403 | Stoploss: ₹1,070. 📌Karur Vysya Bank | Buying Range: ₹214-218 | Targets: ₹249, 269 | Stoploss: ₹183. 📌Stylam Industries | Buying Range: ₹2,195-2,230 | Target: ₹2,560-2,690 | Stoploss: ₹1,880. 📌Can Fin Homes | Buying Range: ₹850-860 | Target: ₹960-1,040 | Stoploss: ₹765.

Force Motors share price surged as much as 20 per cent to hit its upper circuit in morning trade on BSE on Wednesday, October 30, boosted by strong September quarter results. The stock opened at ₹7,250.05 against its previous close of ₹6,378.35 and surged 20 per cent to the level of ₹7,654. Around 10:10 am, the stock was locked at its upper circuit.

Shares of Adani Ports and SEZ showed little movement on Wednesday as the company’s second-quarter results attracted mixed reviews from analysts. What Happened: The Adani Group firm’s port revenue growth missed Morgan Stanley’s estimates whereas the vertical’s EBIDTA growth exceeded its forecast. Revenue and EBITDA growth from logistics far surpassed the brokerage’s expectations.

Today, shares of Tiger Logistics (India) Ltd hit a 10 per cent upper circuit to an intraday high of Rs 68.47 per share from its previous closing of Rs 62.25 per share. The stock’s 52-week high is Rs 87 and its 52-week low is Rs 31.99. The shares of the company saw a spurt in volume by more than 2 times on BSE.

Shares of SBI Cards and Payment Services declined over 3 percent to Rs 664 per share on October 30 after brokerages were disappointed with its dismal July-September (Q2FY25) quarter performance. Majority of them reduced their outlook on the counter, slashing target prices, seeing difficult remainder of the year. Nomura shared a 'reduce' rating on SBI Cards and shared target price of Rs 625 apiece.

Gujarat Fluorochemicals reported a 25.5% YoY and 1% QoQ increase in consolidated revenue from operations to Rs11.8bn, driven by fluoropolymers and refrigerants. The company's growth is expected to be driven by high-grade fluoropolymers and battery chemicals, but the stock is currently richly valued, leading to a "REDUCE" rating with a target price of Rs 3,770.

UBS Group AG posted third quarter results that broadly beat expectations, while warning of headwinds ranging from the US elections to falling interest income. The Zurich-based bank said net income was $1.4 billion, almost twice the $783.3 million analysts had forecast. Robust income from lending aided the result, as did progress in reducing costs.

Prabhudas Lilladher's research report on Kalpataru Projects International. We revise our FY25/FY26E EPS estimate by -12.3%/-15.9%, due to delayed collection in the Water business impacting revenue. Kalpataru Projects International (KPIL) reported healthy quarterly performance with standalone revenue growth of 7.6% YoY and EBITDA margin improvement of 39bps YoY to 8.4%.

L&T‘s share price was upbeat on Wednesday ahead of its earnings, scheduled for later in the day. The company’s revenue is expected to come in at ₹56,930 crore, with a net profit of ₹3,205. What To Expect: Phillip Capital expects L&T to report a sales growth of 11% year on year for the September quarter, with margins anticipated to remain flat as legacy orders are executed.

Benchmark indices Nifty and Sensex continued to trade lower during the mid-day on October 30 as investors took profits off the table following a two-day rally on the bourses. Bank and Pharma stocks among others dampened the sentiment ahead of Diwali. At noon, the Sensex was down 133.56 points or 0.17 percent at 80,235.47, and the Nifty was down 28.00 points or 0.11 percent at 24,438.80.

Larsen and Toubro on Wednesday, October 30, said its power transmission and distribution vertical bagged 'major' orders in the Middle East and Africa to expand and strengthen electricity grids at high voltage levels. It said it will also implement an energy management system for country-wide electricity network. L&T classifies orders in the ₹5,000 crore to ₹10,000 crore range as 'major'.

Shares of FMCG major Dabur India will be in focus as the company will announce its second quarter results later today. The company is likely to have a muted second quarter on the back of decline in volumes and distributor inventory correction in general trade (GT) channel. Essentially, the company largely stopped primary sales for the last 7-8 days of the quarter to enable broad-based category.

📌IDFC First Bank, 📌Indiamart Intermesh, 📌L&T Finance, 📌Manappuram Finance, 📌Punjab National Bank, and 📌RBL Bank are the six stocks on the NSE's F&O ban list on October 30. The NSE said the derivative contracts in these securities crossed 95% of the market-wide position limit and have been placed in the stock exchange's ban period.