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Shares of <keyword id="20021345" type="General" weightage="20" keywordseo="TVS-Motor-Company" source="keywords" meta.keywordsubtype="org" meta.entityname="TVS Motor Company" meta.hostid="261" meta.entityid="TVS Motor Company">TVS Motor Company</keyword> on Thursday climbed over 6 per cent after the company's consolidated <keyword id="19942166" type="General" weightage="20" keywordseo="net-profit" source="keywords">net profit</keyword> increased 15 per cent for the fourth quarter ended March 2024. The stock went up 5.73 per cent to Rs 2,121.30 on the BSE. On the NSE, it climbed 6.32 per cent to Rs 2,123. TVS Motor Company on Wednesday said its net profit increased 15 per cent to Rs 387 crore for the fourth quarter ended March 2024, riding on robust sales. The company had reported a net profit of Rs 336 crore in the January-March period of the previous fiscal. Revenue from operations rose to Rs 10,042 crore in the period under review compared with Rs 8,031 crore in the fourth quarter of FY23. In the fourth quarter, the company said its overall <keyword id="19948209" type="General" weightage="20" keywordseo="two-wheeler" source="keywords">two-wheeler</keyword> and three-wheeler sales, including exports, grew by 22 per cent to 10.63 lakh units compared to 8.68 lakh units in the same period of the 2022-23 fiscal. For the year ended on March 31, 2024, the company posted a consolidated net profit of Rs 1,686 crore as against Rs 1,329 crore a year ago. Revenue from operations rose to Rs 39,145 crore in FY24 over Rs 31,974 crore in the 2022-23 fiscal. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/news/indegene-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/109952516.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/indegene-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/109952516.cms" target="_blank">Indegene IPO allotment – How to check allotment, GMP, listing date and more</a><a href="https://www.businessinsider.in/tech/apps/news/google-wallet-launched-in-india-store-your-loyalty-cards-boarding-passes-and-more/articleshow/109941139.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/apps/news/google-wallet-launched-in-india-store-your-loyalty-cards-boarding-passes-and-more/articleshow/109941139.cms" target="_blank">Google Wallet launched in India – store your loyalty cards, boarding passes and more</a><a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-april-2024-tata-punch-continues-to-dominate/slidelist/109909744.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-april-2024-tata-punch-continues-to-dominate/slidelist/109909744.cms" target="_blank">Top-selling cars in India in April 2024 – Tata Punch continues to dominate</a>

TVS Motor shares climb over 6% after March quarter earnings

Reliance Industries, TVS Motor, LIC Housing Finance and other hot stocks to watch out for on October 22

<keyword id="61562" type="General" weightage="100" keywordseo="lg-electronics" source="Orion">LG Electronics</keyword> on Thursday estimated its second-quarter operating profit decreased 12 per cent year-over-year on weaker demand for TV and home appliances amid rising inflation and raw material costs. Its earnings guidance for the April-June period showed the tech company's operating profit declined 12 percent from a year ago to 791.7 billion won ($610.5 million). The operating profit was 1.2 per cent lower than the average estimate, according to the survey by <keyword id="378665" type="General" weightage="50" keywordseo="yonhap-infomax" source="Orion">Yonhap Infomax</keyword>, the financial data firm of <keyword id="1248424" type="General" weightage="50" keywordseo="yonhap-news-agency" source="Orion">Yonhap News Agency</keyword>. Sales increased 15 per cent to 19.47 trillion won. The data for net income was not available. Analysts have suggested less upbeat earnings for LG for the remaining year, as pandemic-driven pent-up demand for TV has lost steam and rate increases in major economies to control inflation weakened consumer-spending power. Also high shipping costs amid supply chain disruptions are hurting the company's bottom line. The company said Thursday its TV business shrank in the quarter, with marketing costs rising and people spending less time at home as the COVID-19 pandemic is receding. While overall consumer demand declined, the company said premium home appliances were still in high demand, especially in North America, and continued to deliver double-digit growth. LG's electric vehicle (EV) components business has greatly improved performance on growing demand from customers, which include Mercedes-Benz AG and <keyword id="4581" type="General" weightage="50" keywordseo="general-motors" source="Orion">General Motors</keyword>, and increased profitability. The company said the business swung to a net profit in the second quarter, with the quarterly sales topping 2 trillion won. Earlier this week, LG said it secured $6.1 billion worth of new orders for electric vehicle (EV) parts and solutions in the first half. The company expected its accumulated order backlog to top 65 trillion won by the end of the year, up 8 percent from a year ago. The company will announce its Q2 earnings results on July 29. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/golden-girl-p-t-usha-becomes-the-eighth-keralite-to-be-honoured-with-a-rajya-sabha-nomination/articleshow/92716060.cms">Golden girl P.T. Usha becomes the eighth Keralite to be honoured with a Rajya Sabha nomination</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/rbis-moves-to-boost-forex-inflows-could-have-an-impact-on-domestic-borrowing-rates/articleshow/92715761.cms">RBI's moves to boost forex inflows could have an impact on domestic borrowing rates</a>

LG Electronics Q2 operating earnings fall by 12% on weaker demand

<ul><li>The 30-share BSE index Sensex was up 0.51%, and the NSE Nifty was trading 0.55% higher at 9:50 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian benchmark indices jumped over 200 points in early trade on Friday, led by gains in index-heavyweights Reliance Industries, TCS, and HCL Tech. The 30-share BSE index Sensex was up 0.51%, and the NSE Nifty was trading 0.55% higher at 9:50 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IOC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finance </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Coal India </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BPCL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">NTPC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HUL </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Ports </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power Grid </td></tr></tbody></table>*as of October 30, 10:00 am These are the top stocks in news today. <keyword id="46156" type="CITY" weightage="20" keywordseo="TVS-Motor">TVS Motor</keyword> gains over 4% The shares of TVS Motor gained over 4% after the company registered a growth of 6% in its revenue to ₹4,617 crore in the second quarter ended September 30. The production and sales of its two-wheelers improved consistently from July onwards, but the commercial vehicle segment continues to lag. IndiGo drops 2% The shares of India’s largest airlines IndiGo dropped 2% after its losses widened to ₹1,194 crore for the second quarter ended September 30. The company had posted a net loss of ₹1,062 crore in the same quarter last year. The company’s total income declined 65% to ₹3,029 crore. <keyword id="1553175" type="COMPANY" weightage="20" keywordseo="Vodafone-Idea">Vodafone Idea</keyword> gains over 6% The shares of telecom major Vodafone Idea gained over 6% after the company significantly narrowed its loss. Vodafone Idea reported a net loss of ₹7,218.2 crore for the quarter ended September 30 compared to a loss of ₹50,897.9 crore in the same quarter last year. BPCL garners 2% The shares of state-owned Bharat Petroleum (BPCL) gained over 2% after it reported a 58% year-on-year growth in its consolidated net profit to ₹2,589.52 crore, on the back of lower expenses, including material and finance costs. <keyword id="6362419" type="COMPANY" weightage="20" keywordseo="hpcl">HPCL</keyword> leaps 3% The state-owned Hindustan Petroleum (HPCL) was trading 3% higher after the petroleum giant announced that its board would meet on November 4 to consider a share buyback plan. <keyword id="103837" type="PERSON" weightage="20" keywordseo="Angel-Broking">Angel Broking</keyword> trades 12% higher Angel Broking shares were trading 12% higher after the Kuwait Investment Authority acquired half a percent stake in the retail broking company via open market transactions on October 29 for ₹321.73 per share. <keyword id="6484187" type="COMPANY" weightage="20" keywordseo="ril">RIL</keyword> trades 1% higher The shares of Mukesh Ambani-owned Reliance Industries (RIL) were trading nearly a percent higher ahead of its Q2 financial result due later this evening. <keyword id="6359949" type="COMPANY" weightage="20" keywordseo="blue-dart">Blue Dart</keyword> shares gain 14% The shares of Blue Dart gained over 14% after the company reported 195.85% jump in its quarterly profit to ₹41.39 crore. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) was up 131.79% to ₹149.46 crore in the quarter ended September 30. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/cricketer-yuvraj-singh-invests-in-nutrition-based-healthtech-startup-wellversed/articleshow/78945260.cms" data-type="tilCustomLink">Cricketer Yuvraj Singh invests in nutrition-based healthtech startup Wellversed</a> <a href="https://www.businessinsider.in/tech/news/the-big-4-tech-companies-amazon-apple-facebook-and-google-blew-past-wall-street-estimates-in-their-latest-quarter-earnings-reports/articleshow/78942589.cms" data-type="tilCustomLink">The Big 4 tech companies — Amazon, Apple, Facebook, and Google — blew past Wall Street estimates in their latest-quarter earnings reports</a>

Top stock movers — RIL, HPCL, Angel Broking, TVS Motor, Blue Dart, Vodafone Idea, and others

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TVS Motor shares climb over 6% after March quarter earnings

PTI

Reliance Industries, TVS Motor, LIC Housing Finance and other hot stocks to watch out for on October 22

Rounak Jain

LG Electronics Q2 operating earnings fall by 12% on weaker demand

IANS

Top stock movers — RIL, HPCL, Angel Broking, TVS Motor, Blue Dart, Vodafone Idea, and others

Navdeep Yadav

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