Stocks in news: Grasim, Hero MotoCorp, Cipla, Varun Beverages, Vodafone Idea

Domestic markets extended their corrective phase, declining by nearly one and a half percent, continuing the existing downward trend. In today's trade, shares of Grasim, Hero MotoCorp, Cipla, Varun Beverages, Vodafone Idea among others will be in focus due to various news developments and second quarter results.

HAL, Grasim, Hero MotoCorp, Honasa Consumer, Delhivery
Shares of HAL, Grasim, Hero MotoCorp, Honasa Consumer and Delhivery will be in focus as the companies will announce their quarterly results later today.


Vodafone Idea
Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter, compared with Rs 8738 crore in the same quarter of last year.

Eicher Motors
Shares of Eicher Motors will be in focus today as the company reported a 8% growth in its standalone net profit at Rs 1010 crore in the quarter ended September 2024.

Read more: Here's the trade setup for today's session

Varun Beverages
Varun Beverages has launched a qualified institutional placement on Wednesday. The floor price for the same has been fixed at Rs 594.56 per share.

Cipla
US FDA has issued Form 483 with 8 observations for company’s Virgonagar, Bengaluru-based Manufacturing Unit. The health regulator inspected the manufacturing facility in Virgonagar from November 7-13.

Apollo Tyres
Apollo Tyres posted a net profit of Rs 297 crore in the September quarter. Revenue from operations stood at Rs 6437 crore.

Tata Power
Tata Power commissioned a 126 MW Floating Solar Project in Omkareshwar, Madhya Pradesh.

Sun TV
Sun TV posted a net profit of Rs 409 crore in the quarter ended September 2024. Revenue from operations stood at Rs 934 crore.