Domestic stocks markets closed with strong gains on Wednesday, November 4, 2020, after a volatile session. The S&P BSE Sensex, rose 355.01 points or 0.88% at 40,616.14. The Nifty 50 index added 95 points or 0.80% at 11,908.50. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Thursday, November 5, 2020. List of such five stocks:

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Results: 

F&O: Godrej Consumer Products, Concor, Torrent Power, Berger Paints

Post Market Results: Some companies, like Apollo Tyres, Lupin, HPCL, posted their September quarter results on Tuesday after the markets were closed for trading purposes. These stocks are likely to be in action today when the market will open for trading purposes. Details: 

Apollo Tyres: The tyre company Apollo Tyres on Wednesday reported a 140% year-on-year increase in consolidated profit at Rs 200 crore for the quarter ended September 30, 2020. It had posted a net profit of Rs 83 crore for the corresponding quarter last year. Revenue from operations grew 7.5% to Rs 4,283 crore in the reported quarter against Rs 3,986 crore posted in a year-ago period. EBITDA stood at Rs 694 crore, up 60.6% from Rs 432 crore posted last year. The margin increased to 16.2% in Q2FY21 against 10.8% in Q2FY20.

Lupin: The pharmaceutical company, Lupin Limited has reported a consolidated profit of Rs 213.5 crore for the quarter ended September 30, 2020, against a loss of Rs 127 crore posted last year in the same quarter The revenue from operations dropped 1.2% to Rs 3,835 crore against Rs 3,882 crore posted last year. EBITDA was 9.3% down to Rs 581.3 crore against Rs 641 crore posted last year. The margins contracted to 15.2% in Q2FY21 against 16.5% posted in Q2FY20. 

HPCL: The public sector oil and gas company Hindustan Petroleum on Wednesday reported a 12% decline in profit at Rs 2,477.5 crore for the quarter ended September 30, 2020. It had posted a net profit of Rs 2,813.8 crore in the previous quarter ended June 30, 2020. Revenue grew 37.3% to Rs 51,733 crore in the reported quarter against Rs 37,720.9 crore posted in the previous quarter. EBITDA fell 17.2% to Rs 3,604 crore from Rs 4,353.6 crore posted in June quarter. The margins fell to 7% in Q2FY21 against 11.5% posted in Q2FY20. GRM stood at $5.11 per barrel in Q2FY21. Besides, the company has announced a share buyback of Rs 2,500 crore at Rs 250 per equity share. The company said the maximum number of equity shares proposed to be bought back at the maximum buyback size and maximum buyback price under the buyback would be 10 crores. It has decided a CapEx of Rs 12,000 crore for this financial year. MRPL-HPCL merger likely to be completed in the next financial year as the merger process is in progress. 

Piramal Enterprises: The Company in its clarification in regard to the resignation of three independent directors said the decision was taken in line with the succession planning for the independent directors of the board. 

Tata Motors: S&P Global Ratings downgraded Tata Motors outlook rating from B stable to B negative. 

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Inox Leisure/PVR: Cinemas to open in Maharashtra from Thursday. The Maharashtra government on Wednesday permitted theatres including single-screen, multiplex and drama halls to reopen from Thursday, adding that they could function outside containment zones only. The government has allowed cinemas to operate with 50 per cent seating capacity.