On October 14, Adani Agri Logistics Ltd (AALL), a wholly-owned subsidiary of Adani Logistics Ltd, reported that the Food Corporation of India (FCI) gave it a Letter of Award (LoA) following a competitive bidding process to construct silo complexes at various locations throughout the nation. With the addition of 3.50 lakh MT storage capacity, AALL will now have a total of 15.25 lakh MT capacity.

Pune-based automobile maker Bajaj Auto declared a 20% rise in its profit after tax (PAT) to ₹1530 crore in the September quarter, despite the setback it faces in major export markets, says the company on Friday. Revenues grew 16% year-on-year in Q2FY23 to ₹10,203 crore, the highest ever in a quarter for the automaker, aided by a recovery in domestic motorcycle sales.

Reported Consolidated quarterly numbers for Nxtdigital Net Sales at Rs 245.22 crore in September 2022 fell 9.4% from Rs. 270.66 crores in September 2021. Quarterly Net Loss at Rs. 47.96 crores in September 2022, down 60.47% from Rs. 29.89 crores in September 2021. The shares closed at 422.15 on October 13 and gave 2.80% returns over the last 6 months and -9.04% over the last 12 months.

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Angel One logged revenue of 750 crore for the quarter ending in September 2022, higher by 31% YoY. The company's profit zoomed 59% to 213.56 crore during the mentioned quarter. The broking firm also registered a 77.4% YoY growth in its client base to 11.6 million at the end of September. It even declared a second interim dividend of 9 per share.

Amal EPS has increased to Rs. 0.18 in September 2022 from Rs. 0.15 in September 2021. Its shares closed at 321 on October 13, 2022 and has given -21.50% returns over the last 6 months and -25.45% in the previous 12 months. Net Sales at Rs 11.52 crore in September 2022, up by 4.27% from Rs. 11.05 crore in September 2021.

 Infosys Board nodded to an open market share buyback programme amounting to Rs 9,300 crore at Rs 1,850 per share (a 30% premium to Thursday’s closing price). This is the 4th buyback of the IT giant since its market debut in 1993. Experts feel the buyback is efficient utilisation of cash reserves to increase shareholders' return and would arrest the fall in stock prices in the near term.

The Dow Jones Industrial Average rose 0.4%, while the S&P 500 moved up 0.1% after today's opening bell. However, the tech-heavy Nasdaq composite declined marginally. JPMorgan (higher by 2%) and UnitedHealth (zoomed 2%) rallied following better-than-expected earnings results. On the contrary, the 10-year Treasury yield declined Friday, plunging to 3.88% after yesterday's brief jump above 4%.

On Friday, The Karnataka high court let app-based auto aggregators Ola and Uber to continue operations in the state until the Government sets fares as per relevant law giving a huge relief to the companies. This provisional order allows the companies to charge 10% of the base fare as a convenience fee and 5% of GST as a momentary rule before the authorities devise a plan.

Apollo Tyres has multiplied investors' wealth by almost 4-folds in the post-pandemic era. In India, Apollo Tyres enjoys a considerable market share in TBR (31% market share) & PCR space (21% market share).At present, the midcap stock is trading at ₹271 per share. However, ICICI Direct recommends that the stock can be purchased this Muhurat trading for a target price of ₹335 apiece going forward.

On Friday, the team said that Spanish soccer club Real Madrid continued its sponsorship deal with the airline Emirates until 2026. While the parties did not disclose financial details, Spanish sports newspaper Marca reported the contract's value at about 70 million euros per year plus variables. The United Arab Emirates flag carrier's logo worn by Real Madrid players since 2013.

35 North Ventures has onboarded the former CEO and managing director of Dhanlaxmi Bank Sunil Gurbaxani. 35 North Ventures is a sponsor of India Discovery Fund and is also India’s largest Sebi-approved angel fund with a fund size of $100 million. Gurbaxani- a reputed banker comes with three decades of experience across geographies.

The two countries are in constant talks to complete the India-UK Free Trade Agreement (FTA) by Diwali. Uk government sources have given information about this. Meanwhile, sources have said that Britain and India have set a target of completing the negotiations for their ambitious agreement by October 24. After this agreement, britain's economy can increase by three billion pounds by 2035.

The BSE Power Index has been performing strongly for a while now. In last two years, it has seen a jump of 195%, while the benchmark Sensex has gained just 42% during this period. At the same time, some stocks gave huge returns of up to 985% during this period. The list of these stocks includes Adani Transmission, Adani Power, JSW Energy, Tata Power Company, ABB India, and Adani Green Energy.

Benjamin Cowen, a well-known cryptocurrency analyst, is optimistic about Chainlink and claims it might even outperform Bitcoin. According to Cowen, several projects have adopted the decentralised blockchain network to enable smart contracts and safe data transfer. However, due to the overall bear market conditions, the project's strength is not converting into a higher price.