Stock-specific activity is likely to remain in focus on Dalal Street on October 21, following a slew of corporate developments, and earnings.
Infosys share price added 2.7% after company announced the expansion of its collaboration with Truist, one of the largest US-based financial services companies, to support the continued development of the bank’s AI-first Global Capability Centre (GCC) in Hyderabad.
Sobha share price fell 3.5 percent after the company reported a 54.6% year-on-year decline in consolidated Q2 profit to Rs 33 crore, while revenue fell 31.3% to Rs 967.1 crore.
SML Mahindra share price declined 8 percent after the company reported a 44.4% year-on-year drop in Q2 profit to Rs 11.7 crore, despite a 20.7% increase in revenue to Rs 669.8 crore.
Just Dial share price fell 3 percent after the company reported a 9.7% year-on-year decline in Q2 profit to Rs 107.8 crore, while revenue increased 13.1% to Rs 342.8 crore.