Share Market: These 10 shares can make you a millionaire in a slow market, prepare now by making a strategy.
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Top Share of the Day: According to the signals received from the global market, the Indian market may again have a slow start today. Gift Nifty has also not had a good start. Most of the markets in Asia are showing a sluggish situation. The Chinese Shanghai Composite is trading 0.73% lower. It is understood that the market is adopting a cautious stance regarding the ongoing war between Israel and Palestine. Globally, American markets closed with significant gains. Dow Jones closed up 288 points. Nasdaq Composite Index closed with a gain of 211 points. The S&P 500 closed 50 points higher. Asian shares closed in mixed numbers in the last session. In such a situation, investors can keep an eye on these shares today.
Titan:The jewellery-to-watch-to-eyewear company said its revenue for the financial quarter ended September FY24 grew 20% year-on-year, led by 19% growth in the jewelery segment, across watches and wearables. There is an increase of 32%, and eye care is gaining 12%.
Reliance Industries: Reliance Retail Ventures, a subsidiary of Reliance Industries, will get an investment of Rs 4,966.80 crore from Abu Dhabi Investment Authority (ADIA). With this investment, the value of Reliance Retail Ventures in pre-money equity is estimated at Rs 8.381 lakh crore.
biocon:The Bengaluru-based biopharmaceutical firm has entered into a collaboration agreement with Juno Pharmaceuticals, a specialty pharmaceutical business in Canada, to commercialize its formulation, Liraglutide. Liraglutide is a drug-device combination used to treat and manage type 2 diabetes and obesity.
Tata Consultancy Services: On October 11, India’s largest IT services exporter said its board of directors will consider a proposal for buyback of the company’s equity shares. The same day, the company announced that it would report earnings for the fiscal years July–September and April–September.
Bank of Baroda: According to preliminary data, the total business of the public sector lender crossed Rs 22 lakh crore in the financial year ended September FY24, a growth of 15.88% over the previous year. The bank’s total advances increased by 17.43% year-on-year and 3.515% quarter-on-quarter to Rs 10.25 lakh crore.
TVS Motor Company: On the tenth anniversary of their 10-year collaboration, TVS Motors and BMW Motorrad have started production of their first jointly designed, developed and industrialized electric vehicle, the BMW CE 02, at the Hosur factory. He also announced the release of 1.5 lakh units of BMW Motorrad’s 310 cc motorbike series.
Indian Energy Exchange: Recycling and waste management services company Enviro Enablers India has entered into a share subscription agreement and shareholders agreement with the leading energy exchange. Under this arrangement, IEX will acquire 10% stake in Enviro through Compulsory Convertible Preference Shares (CCPS).
United Spirits: Naveen Jain has resigned from the post of Tax Director, Asia and India of the beverage alcohol company with effect from December 31, 2023. Naveen left Diageo to seek another opportunity.
Adani Green Energy: Adani Solar Energy Jaisalmer Two Pvt. Ltd., a subsidiary of Adani Solar Energy, has completed the commissioning of a full 150 MW solar power project in Bikaner, Rajasthan, as an independent power producer for sale to third parties or on power exchanges.
Punjab National Bank: Sanjeevan Nikhar has been named as the public sector lender’s group chief compliance officer with immediate effect. The Principal General Manager of the bank was Sanjeevan Nikhar.
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