Market Insights: Nifty & Bank Nifty Trends, Q2 Results Update


COMMODITY SAMACHAR SECURITIES PVT. LTD.

📊26 NOV 2024

ACTION FOR THE DAY🧐

📉GIFT NIFTY INDICATES NIFTY TO OPEN NEGATIVE AROUND 60 POINTS GAP DOWN 🔴

INDEX SUPPORT & RESISTANCE LEVELS

✅ NIFTY
S1- 24192, S2- 24156, S3- 24120
R1- 24265, R2 – 24302, R3- 24338

✅ BANK NIFTY
S1-52024 , S2- 51938, S3- 51866
R1- 52182, R2 – 52253, R3- 52340

🎯 NO TOP STOCKS FOR THE DAY 🎯

📌 RESULTS SESSION Q2

AFCONS INFRA Q2 Result

NET PROFIT UP 30 % AT 135 CR (YOY),UP 47 % (QOQ)

REVENUE DOWN 11 % AT 2959 CR (YOY) ,DOWN 6 % (QOQ)

EBITDA UP 4 % AT 344 CR (YOY),DOWN 2 %(QOQ)

MARGINS AT 11.65 % V 9.96 % (YOY), 11.2 % (QOQ)

ACME Solar Holdings Q2 Result

NET PROFIT DOWN 61 % AT CR (YOY), 1.38 CR PROFIT (QOQ)

REVENUE DOWN 20 % AT 259CR (YOY) ,DOWN 34 % (QOQ)

EBITDA DOWN 24 % AT 220.7 CR (YOY),DOWN 37%(QOQ)

MARGINS AT 85.04 % V 89.57 % (YOY), 90.2 % (QOQ)

🙏With Regards,

Commodity Samachar Securities Pvt. Ltd.
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