Stock-specific activity is likely to remain in focus on Dalal Street on November 2, following a slew of corporate developments, October auto sales numbers and earnings.
Affle 3i share price gained 9 percent after company's Israel-based step-down subsidiary, Affle 3iL, has signed a definitive agreement to acquire all outstanding shares of Perion Network at US$11.70 per share through an all-cash transaction, implying an equity valuation of approximately US$420 million. The transaction is expected to be completed in early 2027. Following the acquisition, Affle is expected to become net debt-free immediately, with a revenue run rate of over US$700 million in FY28.
NCC share price gained 3.7 percent after the company received eight additional orders worth Rs 1,862.45 crore during October. The orders include Rs 767.11 crore from the water division, Rs 688.78 crore from buildings and Rs 406.56 crore from transportation.
Granules India share price shed 1 percent after the USFDA concluded an inspection of its finished dosage facility at Gagillapur, Hyderabad, with the issuance of a Form FDA 483 containing eleven observations. The inspection was conducted from October 19 to October 30, 2026.
Shares of Reliance Industries share price surged 8 percent after the company reported a 33.8% YoY rise in consolidated net profit to Rs 29,550 crore, while revenue surged 27.8% to Rs 3.62 lakh crore. EBITDA increased 23.9% to Rs 62,409 crore, while EBITDA margin declined to 17.2% from 17.8%.