Stock-specific activity is likely to remain in focus on Dalal Street on October 30, following a slew of corporate developments, brokerage recommendations and earnings.
Hikal share price added 7 percent after Swissmedic, the Swiss Agency for Therapeutic Products, has granted a Certificate of GMP Compliance of a Manufacturer to its active pharmaceutical ingredient (API) facility in Bengaluru.
Coal India share price shed 2 percent despite company’s Q2 consolidated profit surges 53% to Rs 6,516.1 crore versus Rs 4,258.8 crore and revenue soars 20.9% to Rs 44,178.7 crore versus Rs 36,553.1 crore, in year ago period.
Paradeep Phosphates share price declined 9% after company reported a 69 percent year-on-year decline in net profit to Rs 121 crore from Rs 393 crore.
Shares of Trent share surged 5 percent after company’s Q2 consolidated profit zoomed 25.4% to Rs 468.1 crore versus Rs 373.4 crore and revenue rose 21.9% to Rs 5,873.1 crore versus Rs 4,817.7 crore, in the year-ago period.