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Stocks in the news Reliance Industries: Reliance is nearing a cash and stock deal to buy Walt Disney's India operations, according to people familiar with the matter. The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around $10 billion. Reliance views the assets at between $7 billion to $8 billion. The said acquisition could be announced as early as next month with some of Reliance's media units merged into Disney Star. Torrent Pharmaceuticals: The Ahmedabad-based pharma company reported a 23.7 percent on-year increase in consolidated profit at Rs 386 crore for the September quarter, with revenue rising 16.1 percent to Rs 2,660 crore. India business grew by 18 percent YoY to Rs 1,444 crore, Brazil up 36 percent and Germany 21 percent, but US business fell by 15 percent to Rs 248 crore. PNB Housing Finance: The housing finance company registered a 46 percent on-year growth in consolidated profit at Rs 383 crore for the July-September period of FY24, led by the decline in impairment on financial instruments & write-offs. Net interest income increased by 2 percent YoY to Rs 661 crore. Lupin: The company received the United States Food and Drug Administration's approval for its abbreviated new drug application for Fluconazole tablets to market the generic equivalent of Diflucan tablets of Pfizer in the United States. Mahindra Logistics: The third-party logistics service provider has posted a consolidated loss of Rs 16 crore for the July-September period of FY24 against a profit of Rs 11 crore in the same period last year, impacted by lower EBITDA and margin. Revenue at Rs 1,365 crore increased by 2.9 percent over a year-ago period but EBITDA fell 20.6 percent to Rs 54 crore. NHPC: The state-run power has achieved a major milestone by daylighting the head race tunnel (HRT) of Parbati-II HE project (800 MW) in Himachal Pradesh. This breakthrough has been achieved in the longest face of the HRT having a length of 13.118 km. The project is expected to be completed by the end of September 2024. Mahindra Holidays and Resorts India: Arun Nanda resigned as the chairman of the company's material subsidiary Holiday Club Resorts Oy, Finland (HCR), with effect from October 20. The company appointed CP Gurnani as the chairman of the board of HCR.

Results on October 25 Axis Bank, Tech Mahindra, Indus Towers, Chalet Hotels, CMS Info Systems, Chennai Petroleum Corporation, Dreamfolks Services, Gulf Oil Lubricants India, Jubilant FoodWorks, Lakshmi Machine Works, Network18 Media & Investments, Rallis India, Asahi Songwon Colors, Aurionpro Solutions, Sona BLW Precision Forgings, Sonata Software, Star Housing Finance, TV18 Broadcast, Welspun India.

Results on October 25 Axis Bank, Tech Mahindra, Indus Towers, Chalet Hotels, CMS Info Systems, Chennai Petroleum Corporation, Dreamfolks Services, Gulf Oil Lubricants India, Jubilant FoodWorks, Lakshmi Machine Works, Network18 Media & Investments, Rallis India, Asahi Songwon Colors, Aurionpro Solutions, Sona BLW Precision Forgings, Sonata Software, Star Housing Finance, TV18 Broadcast, Welspun India.

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Hello, You will get FREE Stock Market updates on this Channel. 👍 Join Now Spread our Telegram Link to Other 👉 https://t.me/Basic2Bemisal 👈 if you found We are doing good for all of you❤️💐