Stocks in the news: SBI, Happiest Minds, Adani Enterprises and Kotak Mahindra Bank

Stocks in the news: SBI, Happiest Minds, Adani Enterprises and Kotak Mahindra Bank

• By Staff Writer

Stocks in the news: SBI, Happiest Minds, Adani Enterprises and Kotak Mahindra Bank

Nifty futures on the Singapore Exchange traded 26.5 points, or 0.22 per cent lower at 11,800, in signs that Dalal Street was headed for a negative start on Wednesday. Here are a some stocks which may buzz the most in today's trade:

SBI, Happiest Minds: State Bank of India, Adani Enterprises, Happiest Minds, EIH NSE -0.47 %, Indian Hotels, Lupin, Pidilite Industries are among companies that are scheduled to announce their September quarter earnings later in the day.

Adani Ports: Adani Ports and Special Economic Zone posted 31.57 per cent year-on-year growth in consolidated net profit at Rs 1,393.69 crore for the quarter ended September.

Kotak Mahindra Bank: Kotak Mahindra Bank announced that it has reduced its interest rates on home loans by a further 15 basis points (bps) to 6.75 per cent, one of the lowest in the segment.

Dabur: Homegrown consumer goods maker Dabur India on Tuesday reported a 13.7 per cent growth in consolidated revenue for the quarter ended September 30 at Rs 2,516 crore, which it said was the highest revenue growth in the last couple of years.

Punjab National Bank: Punjab National Bank on Tuesday reported a 18 per cent fall in net profit for the September quarter due to rise in provision to cover bad loans and Covid related risk even as its net interest margin improved.

MCX: Multi Commodity Exchange of India (MCX NSE -1.43 %) has invited proposals from technology companies to set up an advanced materials derivatives platform for trading and clearing services, as its contract with 63 Moons will expire in September 2022.

Kansai Nerolac: Kansai Nerolac reported an 11.56 per cent fall in consolidated net profit at Rs 167.96 crore for the quarter ended September 30.

Muthoot Finance: Muthoot Finance on Tuesday reported a 2.5 per cent increase in consolidated net profit at Rs 930.80 crore for the second quarter ended September of the current fiscal year.

JSW Energy: The company said its consolidated net profit remained almost unchanged at Rs 352.12 crore in the September quarter this fiscal.

IIFL Finance: IIFL Finance on Tuesday reported more than two-fold jump in its consolidated net profit to Rs 212.68 crore due to a rise in interest income and profit from other sources.

Eris Lifesciences: Drug firm Eris Lifesciences on Tuesday reported a 16.19 per cent rise in its consolidated net profit to Rs 107.72 crore for the quarter ended September mainly on account of robust sales.

Deepak Fertilizers: Deepak Fertilizers and Petrochemicals on Tuesday posted an over three-fold jump in its consolidated net profit to Rs 80.55 crore for the second quarter of the current fiscal on higher income.

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