Top stocks for today - 18th November 2024

18 Nov 2024 , 08:20 AM

Here are some of the stocks that may see significant price movement today.

Reliance Industries: Reliance and Disney have announced the conclusion of their joint venture (JV) to create a unified entertainment brand in India. Nita Ambani will chair the joint venture valued at ₹70,352 Crore.

Crompton Greaves: The company reported a 28.6% increase in earnings for the September 2024 quarter, reaching ₹125 Crore from ₹97.2 Crore in the same quarter last year. Revenue rose 6.4% to ₹1,896 Crore from ₹1,782.3 Crore in the previous corresponding quarter.

Hero MotoCorp: The vehicle manufacturer reported a 14.2% increase in earnings for the September quarter, reaching ₹1,203.5 Crore from ₹1,054 Crore in the previous year. Revenue increased 10.8% to ₹10,463.2 Crore, from ₹9,445 Crore.

Indraprastha Gas: IGL announced a 20% cut in GAIL’s gas allocation, beginning November 16, which will have an impact on profitability. The corporation is considering options to address the lower allocation.

Hindustan Zinc: Hindustan Zinc won an auction for a gold mining block in Rajasthan. This represents Vedanta Group’s introduction into the gold mining industry, since the company has been named the preferred bidder for the Dugaucha Gold Block.

Honasa Consumer: The Mamaearth parent business recorded a net loss of ₹18.6 Crore for Q2 FY2025, with revenue falling to ₹461.8 Crore from ₹496 Crore the previous year. EBITDA fell to ₹30.7 Crore from ₹40.1 Crore in the previous year.

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