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.

Shares of Tech Mahindra, Godrej Consumer Products, Balkrishna Industries and NTPC among various other companies are likely to remain in focus today as they had fixed October 31 as the record date for the purpose of the dividends declared by them. This means today is the last day to buy the shares of these companies in order to be eligible for the dividends announced.

Check out the latest brokerage calls and analyst comments on the stocks in action today. Maruti Suzuki receives a neutral call from Nomura with a target price of ₹12,455/sh, citing concerns over weaker demand and high discounts, while HSBC gives a hold call with a target price of ₹14,000/sh, expecting improvement in demand and new product launches in FY26.

Google is changing its Google Local Services ads, requiring businesses to have a verified Google Business Profile to run ads starting November 21, affecting small businesses in Europe, Middle East, Africa, and select US and Canada businesses, in an effort to combat fraud, but potentially harming unaware legitimate businesses.

Just a few months ago, Samsung Electronics Co. looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high. Now, South Korea’s biggest company has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge.