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HomeNewsOther NewsStocks in information: Tata Power, Nazara Technologies, Mazagon Dock, Oil India and...

Stocks in information: Tata Power, Nazara Technologies, Mazagon Dock, Oil India and extra

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The home fairness market closed greater on Wednesday. Sensex rose 33 factors to finish the session at 64,975and Nifty gained 37 factors to settle at 19,443.      

Here’s a take a look at shares which might be more likely to stay in information at the moment.   

Tata Power  

Tata Power recorded a progress in its revenue for the sixteenth consecutive quarter within the September 2022 quarter. Consolidated PAT in Q2 rose 9 per cent to Rs 1,017 crore on a year-on-year (YoY) foundation. Revenue additionally rose by 9 per cent to Rs 15,442 crore, YoY, largely pushed by greater income from core businesses of era, transmission and distribution. 

Prestige Estates  

Real property agency Prestige Estates Projects reported a six-fold rise in its consolidated internet revenue to Rs 850.9 crore within the second quarter on greater earnings. Net revenue stood at Rs 140.7 crore within the year-ago interval. 

Total earnings rose to Rs 3,256 crore within the July-September quarter from Rs 1,474.7 crore within the corresponding interval of the earlier yr.  

Mazagon Dock 

The board of Mazagon Dock Shipbuilders has authorized an interim dividend of Rs 15.34 per share for its shareholders. The dividend will result in a complete payout of Rs 309.39 crore which might be paid from the corporate’s revenue. This is the best ever dividend that Mazagon Dock has declared as a public firm. Its earlier highest dividend was Rs 9.1 that was declared in November 2022. 

Nazara Technologies 

Online gaming and sports activities firm Nazara Technologies reported a 53% rise in consolidated internet revenue to Rs 24.2 crore in Q2. Revenue from operations climbed 13% year-on-year to Rs 297.2 crore in July-September. 

United Spirits 

United Spirits reported a consolidated internet revenue of Rs 339.3 crore in Q2 of this fiscal, logging a decline of 38.05% from Rs 547.7 crore a yr again. Profit was damage by decrease income from gross sales.  

Oil India 

Oil India Limited (OIL) logged a decline of 70 % in consolidated internet revenue to Rs 640 crore within the second quarter of monetary yr 2023-24. The oil producer had posted a internet revenue of Rs 2,116 crore within the corresponding quarter final yr. Revenue from operations in Q2 fell 13% to Rs 8,816 crore from Rs 10,121 crore final yr. 

 

 

Also learn: Stock suggestions for November 9, 2023: ONGC, Titan, Chambal Fertilisers and HUDCO 

Also learn: Religare Enterprises shares in focus amid report of fraud allegations towards Burmans

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