Steel Stocks like SAIL, JSW Steel, Tata Steel, JSPL:
The government imposed a 12% safeguard duty on some steel imports from developed economies, China and Vietnam. The duty is applicable for 200 days to protect Indian players from cheap Chinese steel imports.
The government imposed a 12% safeguard duty on some steel imports from developed economies, China and Vietnam. The duty is applicable for 200 days to protect Indian players from cheap Chinese steel imports.
One 97 Communications: The company's arm Paytm Money introduced reduced interest rates and revised brokerage for pay later to drive affordability and accessibility for investors.
Nippon Life India AMC
The company fully restored core operating systems for management of funds. The company's mobile application and website are now fully functional and operating normally. There was no material impact on the operations.
The company fully restored core operating systems for management of funds. The company's mobile application and website are now fully functional and operating normally. There was no material impact on the operations.
Hindustan Unilever: The company completed the acquisition of 90.5% stake in skincare brand Minimalist's parent company Uprising Science for Rs 2,706 crore.
Brokerage Radar
Morgan Stanley on Steel
India imposes safeguard duty on select steel imports
While expected, the timing was uncertain, especially given the current global macroeconomic backdrop
The move removes several months of uncertainty around the safeguard duty
Some near-term positive stock movement may occur
Recommend using this opportunity to reduce exposure to steel stocks
Domestic steel prices remain about 5% above import parity despite the safeguard duty
Do not expect an increase in domestic steel prices
Morgan Stanley on Steel
India imposes safeguard duty on select steel imports
While expected, the timing was uncertain, especially given the current global macroeconomic backdrop
The move removes several months of uncertainty around the safeguard duty
Some near-term positive stock movement may occur
Recommend using this opportunity to reduce exposure to steel stocks
Domestic steel prices remain about 5% above import parity despite the safeguard duty
Do not expect an increase in domestic steel prices
CLSA on Financials
Liquidity support strengthened further
New LCR guidelines are positive for system liquidity
RBI raises run-off rates for deposits
The increase stands at 2.5 percentage points, lower than the 5 points proposed in the draft RBI estimates a 6 percentage point improvement in system-wide LCR
Initial assessment suggests additional Rs 2.5 lakh crore in system-wide liquidity for redeployment
Profit impact is limited, but sentiment likely to improve
Liquidity support strengthened further
New LCR guidelines are positive for system liquidity
RBI raises run-off rates for deposits
The increase stands at 2.5 percentage points, lower than the 5 points proposed in the draft RBI estimates a 6 percentage point improvement in system-wide LCR
Initial assessment suggests additional Rs 2.5 lakh crore in system-wide liquidity for redeployment
Profit impact is limited, but sentiment likely to improve
BofA on Divis Lab
Maintain Buy with a target price of Rs 6,800
Signs a second long-term deal with global innovators
Visibility on custom synthesis growth is improving
Recommend Buy on DIVI amid strengthening earnings momentum
Maintain Buy with a target price of Rs 6,800
Signs a second long-term deal with global innovators
Visibility on custom synthesis growth is improving
Recommend Buy on DIVI amid strengthening earnings momentum
AnantRaj
#AnantRaj
Another great quarter of execution
Solid YoY uptick
Decent QoQ growth
Backed by solid OCF
Rev at 541cr vs 442cr
Q3 at 534cr
PBT at 141cr vs 98cr⏫42% YoY
Q3 at 132cr
PAT at 119cr vs 84cr⏫44%
Q3 at 110cr
OCF at 97cr vs -25cr
#AnantRaj
Another great quarter of execution
Solid YoY uptick
Decent QoQ growth
Backed by solid OCF
Rev at 541cr vs 442cr
Q3 at 534cr
PBT at 141cr vs 98cr⏫42% YoY
Q3 at 132cr
PAT at 119cr vs 84cr⏫44%
Q3 at 110cr
OCF at 97cr vs -25cr
INTERNATIONAL GEMMOLOGICAL Q4 ; Q4 Total Reported Volume Up 27 % To 3.12 Mn YOY, Up 13 % QOQ
Average realized price (ARP) was at INR 950, down 12 % YOY, Up 7 % QOQ
Certification Revenue Up 11 % To 2967 Cr YOY, Up 20 % Qoq
Average realized price (ARP) was at INR 950, down 12 % YOY, Up 7 % QOQ
Certification Revenue Up 11 % To 2967 Cr YOY, Up 20 % Qoq
INTERNATIONAL GEMMOLOGICAL Q4 HIGHLIGHTS
The company reported strong quarter-on-quarter growth with a 15% rise in revenue and 29% increase in EBITDA, driven by all key segments—natural and lab-grown diamonds, jewellery, and gemstones.
Q1 2025 revenue stood at ₹3,048 Mn and EBITDA at ₹1,957 Mn, with EBITDA margin improving to 64.2%.
PAT rose 24% QoQ to ₹1,407 Mn.reflecting consistent performance and margin expansion.
Year-on-year, revenue grew 10% and EBITDA 13%, with PAT up 12%
The company reported strong quarter-on-quarter growth with a 15% rise in revenue and 29% increase in EBITDA, driven by all key segments—natural and lab-grown diamonds, jewellery, and gemstones.
Q1 2025 revenue stood at ₹3,048 Mn and EBITDA at ₹1,957 Mn, with EBITDA margin improving to 64.2%.
PAT rose 24% QoQ to ₹1,407 Mn.reflecting consistent performance and margin expansion.
Year-on-year, revenue grew 10% and EBITDA 13%, with PAT up 12%