CUES FOR TODAY
- Indian markets do well, led by Reliance
- Gift Nifty suggests +35 Pts at start
- India close to a trade deal with the US
- Gold back at record high
WALL ST OVERNIGHT
Dow +0.3%
S&P +0.1%
Nasdaq -0.1%
March 2025 IIP growth: 3% YoY (vs 2.9% in Feb 2025) vs est: 3.3%
RBI decides to conduct fresh OMO purchase auctions of Government of India securities for an aggregate amount of Rs 1.25 lakh crore.
FIIs net buy ₹2,474.10 crore
DIIs net buy ₹2,817.64 crore
STOCKS TO TRACK
- Indusind Bank - Deputy CEO Resigns
- Tata Tech: TPG to sell 3.9% equity b/w 670-698/Sh
- Trent results today, margins key to track
- Go Digit: Operating Profit falls 13% YoY
- KFIN Tech: Weak results reported
- RBL Bank: Enters F&O Ban
EARNINGS
Good-PNB Housing Finance, UCO Bank, Adani Wilmar
Inline/Mixed-Firstsource, Greenply, Nippon Life, Central Bank of India, Adani Total Gas, Adani Green Energy
Weak-Oberoi Realty, IIFL Securities
ULTRATECH GUIDANCE - Short term pain?
Sector will face Short term Challenges (weak)
7-8% growth expected (in line)
TVS Motor Q4 results beat estimates; net profit surges 76%, margins improve sharply
Castrolind : Net Profit Up 8% at ₹234 Cr Vs ₹216 Cr (YoY)
Revenue Up 7.3% at ₹1,422 Cr Vs ₹1,325 Cr (YoY)
Insurance Cos in Focus
DFS Secretary assures life insurance industry on ‘no action’ against bancassurance channel
Dr. Reddy's Labs (+VE)
To introduce Sanofi's respiratory drug in India
IndusInd Bank (-VE)
Resignation of its whole-time director and deputy CEO, Arun Khurana. Khurana
Aurobindo Pharma (-VE)
Fire occurs in Andhra Pradesh plant-operations paused for 20-25 days
Co gets mixed ruling in price-fixing case in US
WIPRO
Vorwerk Selects Wipro to Manage and Transform their IT Ecosystem Wipro will leverage its AI-powered infrastructure operations solution to transform Vorwerk’s operations and drive faster time to market
KPIT Technologies Partners with Mercedes-Benz India for Software-Defined Vehicles
AWL Agri business Q4
Net Profit Up 21% At ₹190 Cr Vs ₹157 Cr (YoY)
Revenue Up 37.9% At ₹18,230 Cr V ₹13,223 Cr (YoY)
PNBHousingFinance's standalone net profit rises 28% in fourth quarter.
--Net Profit Up 27.7% at ₹567 Cr Vs ₹444 Cr (YoY)
--NII Up 20% at ₹736 Cr Vs ₹614 Cr (YoY)
Adanigreen Q4
EBITDA grew by 22% to Rs. 8,818.00 crores
operational renewable energy capacity by 30% to 14.20 GW
Added 3.30 GW of greenfield capacity.
Net Profit (PAT): ₹380 crore
AdaniTotalGas' fourth quarter net profit at Rs 154 crore, up 8.5% quarter-on-quarter.
Net Profit Up 8.5% at ₹155 Cr Vs ₹142 Cr (QoQ)
Revenue Up 3.6% at ₹1,341 Cr Vs ₹1,295 Cr (QoQ)
HASTUN Q4
Revenue at ₹2242.85 Cr vs ₹2046.87 Cr YoY | Up 9.57% YoY & Up 11.59% QoQ
PAT at ₹43.01 Cr vs ₹52.15 Cr YoY | Down 17.5% YoY but Up 5.05% QoQ
Central Bank Q4
Net Profit: ₹1,034 Cr (↑27.7% YoY)
Revenue: ₹8,620 Cr (↑3.4% YoY)
GNPA: 3.18% (vs 3.86% QoQ)
NNPA: 0.55% (vs 0.59% QoQ)
Ucobank Q4
PPOP: ₹1,698 Cr (↑33.5% YoY)
PBT: ₹1,036 Cr (↑28.7% YoY)
Asset quality improved
RoA: 0.77% (vs 0.69% YoY)
Nippon Life India AMC Q4
Net Profit Down 8.9% at ₹296 Cr Vs ₹325 Cr (YoY)
Revenue Up 21.9% at ₹526.5 Cr Vs ₹431.8 Cr (YoY)
EBITDA Up 25.9% at ₹358.4 Cr Vs ₹284.6 Cr (YoY)
Margin At 68% Vs 65.9% (YoY)
Firstsource reports Q4 earnings
Net Profit Up 0.3% at ₹160.7 Cr Vs ₹160.3 Cr (QoQ)
Revenue Up 3.8% at ₹2,167.8 Cr Vs ₹2,087.8 Cr (QoQ)
Go Digit Q4 net profit doubles to ₹116 crore on premium growth; AUM up 25%
IRFC Secures ₹14,000 Cr Term Loan Contracts in First 4 Months of 2025
Kirloskar Electric appoints Meena Kirloskar as Vice Chairperson of the company with immediate effect
IOL CHEMICAL AND PHARMA (+VE)
Company’s product, “Ibuprofen,” has received approval from the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA), China.
+VE FOR AUTO STOCKS
Tariff Relief:
Trump plans to ease auto tariffs, lifting some levies on foreign parts used in U.S.-made cars and trucks
Imported automobiles will also be shielded from double tariffs on steel and aluminium
- Indian markets do well, led by Reliance
- Gift Nifty suggests +35 Pts at start
- India close to a trade deal with the US
- Gold back at record high
WALL ST OVERNIGHT
Dow +0.3%
S&P +0.1%
Nasdaq -0.1%
March 2025 IIP growth: 3% YoY (vs 2.9% in Feb 2025) vs est: 3.3%
RBI decides to conduct fresh OMO purchase auctions of Government of India securities for an aggregate amount of Rs 1.25 lakh crore.
FIIs net buy ₹2,474.10 crore
DIIs net buy ₹2,817.64 crore
STOCKS TO TRACK
- Indusind Bank - Deputy CEO Resigns
- Tata Tech: TPG to sell 3.9% equity b/w 670-698/Sh
- Trent results today, margins key to track
- Go Digit: Operating Profit falls 13% YoY
- KFIN Tech: Weak results reported
- RBL Bank: Enters F&O Ban
EARNINGS
Good-PNB Housing Finance, UCO Bank, Adani Wilmar
Inline/Mixed-Firstsource, Greenply, Nippon Life, Central Bank of India, Adani Total Gas, Adani Green Energy
Weak-Oberoi Realty, IIFL Securities
ULTRATECH GUIDANCE - Short term pain?
Sector will face Short term Challenges (weak)
7-8% growth expected (in line)
TVS Motor Q4 results beat estimates; net profit surges 76%, margins improve sharply
Castrolind : Net Profit Up 8% at ₹234 Cr Vs ₹216 Cr (YoY)
Revenue Up 7.3% at ₹1,422 Cr Vs ₹1,325 Cr (YoY)
Insurance Cos in Focus
DFS Secretary assures life insurance industry on ‘no action’ against bancassurance channel
Dr. Reddy's Labs (+VE)
To introduce Sanofi's respiratory drug in India
IndusInd Bank (-VE)
Resignation of its whole-time director and deputy CEO, Arun Khurana. Khurana
Aurobindo Pharma (-VE)
Fire occurs in Andhra Pradesh plant-operations paused for 20-25 days
Co gets mixed ruling in price-fixing case in US
WIPRO
Vorwerk Selects Wipro to Manage and Transform their IT Ecosystem Wipro will leverage its AI-powered infrastructure operations solution to transform Vorwerk’s operations and drive faster time to market
KPIT Technologies Partners with Mercedes-Benz India for Software-Defined Vehicles
AWL Agri business Q4
Net Profit Up 21% At ₹190 Cr Vs ₹157 Cr (YoY)
Revenue Up 37.9% At ₹18,230 Cr V ₹13,223 Cr (YoY)
PNBHousingFinance's standalone net profit rises 28% in fourth quarter.
--Net Profit Up 27.7% at ₹567 Cr Vs ₹444 Cr (YoY)
--NII Up 20% at ₹736 Cr Vs ₹614 Cr (YoY)
Adanigreen Q4
EBITDA grew by 22% to Rs. 8,818.00 crores
operational renewable energy capacity by 30% to 14.20 GW
Added 3.30 GW of greenfield capacity.
Net Profit (PAT): ₹380 crore
AdaniTotalGas' fourth quarter net profit at Rs 154 crore, up 8.5% quarter-on-quarter.
Net Profit Up 8.5% at ₹155 Cr Vs ₹142 Cr (QoQ)
Revenue Up 3.6% at ₹1,341 Cr Vs ₹1,295 Cr (QoQ)
HASTUN Q4
Revenue at ₹2242.85 Cr vs ₹2046.87 Cr YoY | Up 9.57% YoY & Up 11.59% QoQ
PAT at ₹43.01 Cr vs ₹52.15 Cr YoY | Down 17.5% YoY but Up 5.05% QoQ
Central Bank Q4
Net Profit: ₹1,034 Cr (↑27.7% YoY)
Revenue: ₹8,620 Cr (↑3.4% YoY)
GNPA: 3.18% (vs 3.86% QoQ)
NNPA: 0.55% (vs 0.59% QoQ)
Ucobank Q4
PPOP: ₹1,698 Cr (↑33.5% YoY)
PBT: ₹1,036 Cr (↑28.7% YoY)
Asset quality improved
RoA: 0.77% (vs 0.69% YoY)
Nippon Life India AMC Q4
Net Profit Down 8.9% at ₹296 Cr Vs ₹325 Cr (YoY)
Revenue Up 21.9% at ₹526.5 Cr Vs ₹431.8 Cr (YoY)
EBITDA Up 25.9% at ₹358.4 Cr Vs ₹284.6 Cr (YoY)
Margin At 68% Vs 65.9% (YoY)
Firstsource reports Q4 earnings
Net Profit Up 0.3% at ₹160.7 Cr Vs ₹160.3 Cr (QoQ)
Revenue Up 3.8% at ₹2,167.8 Cr Vs ₹2,087.8 Cr (QoQ)
Go Digit Q4 net profit doubles to ₹116 crore on premium growth; AUM up 25%
IRFC Secures ₹14,000 Cr Term Loan Contracts in First 4 Months of 2025
Kirloskar Electric appoints Meena Kirloskar as Vice Chairperson of the company with immediate effect
IOL CHEMICAL AND PHARMA (+VE)
Company’s product, “Ibuprofen,” has received approval from the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA), China.
+VE FOR AUTO STOCKS
Tariff Relief:
Trump plans to ease auto tariffs, lifting some levies on foreign parts used in U.S.-made cars and trucks
Imported automobiles will also be shielded from double tariffs on steel and aluminium
BSE, CDSL (+VE)
INTRODUCTION OF BLOCK DEAL WINDOW IN T+0 SETTLEMENT CYCLE
BLOCK DEAL WINDOW IN T+0 SETTLEMENT SECURITIES SHALL BE MADE EFFECTIVE FROM MAY 02
CESC (+VE)
Entered into a Power Purchase Agreement for 300 MW Wind Solar Hybrid Power Project at a tariff of Rs. 3.81 per kWh with M/s Bhojraj Renewables Energy Private Limited for a period of 25 years.
Landmark Cars exits its operations in Punjab (-VE)
CSB Bank reports Q4 earnings
Net Profit Up 25.7% at ₹190.4 Cr Vs ₹151.5 Cr (YoY)
NII Down 3.8% at ₹371.3 Cr Vs ₹386.1 Cr (YoY)
INTRODUCTION OF BLOCK DEAL WINDOW IN T+0 SETTLEMENT CYCLE
BLOCK DEAL WINDOW IN T+0 SETTLEMENT SECURITIES SHALL BE MADE EFFECTIVE FROM MAY 02
CESC (+VE)
Entered into a Power Purchase Agreement for 300 MW Wind Solar Hybrid Power Project at a tariff of Rs. 3.81 per kWh with M/s Bhojraj Renewables Energy Private Limited for a period of 25 years.
Landmark Cars exits its operations in Punjab (-VE)
CSB Bank reports Q4 earnings
Net Profit Up 25.7% at ₹190.4 Cr Vs ₹151.5 Cr (YoY)
NII Down 3.8% at ₹371.3 Cr Vs ₹386.1 Cr (YoY)
TOP 15 Stocks In Focus 29-04-25
1-ULTRACEMCO
2-TVS
3-INDUSIND/PNBHOUSING
4-DRREDDY/AUROPHARMA
5-WIPRO/FSL/KPIT
6-HDFCLIFE/SBILIFE/GODIGIT
7-NAM-INDIA/KFINTECH
8-CASTROLIND/IGL
9-ATGL/ADANIGREEN
10-HATSUN/AWL
11-CENTRALBK/UCOBANK/IDBI
12-MOTHERSON/SONACOMS
13-IRFC/CESC
14-BSE/CDSL
15-OBEROIRLTY
1-ULTRACEMCO
2-TVS
3-INDUSIND/PNBHOUSING
4-DRREDDY/AUROPHARMA
5-WIPRO/FSL/KPIT
6-HDFCLIFE/SBILIFE/GODIGIT
7-NAM-INDIA/KFINTECH
8-CASTROLIND/IGL
9-ATGL/ADANIGREEN
10-HATSUN/AWL
11-CENTRALBK/UCOBANK/IDBI
12-MOTHERSON/SONACOMS
13-IRFC/CESC
14-BSE/CDSL
15-OBEROIRLTY
Market opens higher, #Nifty above 24,400
#SamhiHotels Large Trade – 87.21 lk shares worth ₹152 cr change hands at ₹176/sh in block deal window
UCOBANK Q4 Result Impact...Stock Up 4% Today...Cmp : 32.14
KFINTECH up 4% Today...Q4 Result Impact....Cmp : 1298
Good Volume
BANDHANBNK Breaks 4 Month High....Cmp : 171.50....Good Volume
PNBHOUSING upper Freeze @ 10% Today
Q4 Result Impact....Cmp : 1084.85
DEFENCE STOCKS HIT DAY HIGH
DATAPATTNS +5%
GRSE +5%
MAZDOCK +4%
BDL +4%
BSE up 3% Today....Cmp : 6775....Stock breaks Record high
News : INTRODUCTION OF BLOCK DEAL WINDOW IN T+0 SETTLEMENT CYCLE
#SamhiHotels Large Trade – 87.21 lk shares worth ₹152 cr change hands at ₹176/sh in block deal window
UCOBANK Q4 Result Impact...Stock Up 4% Today...Cmp : 32.14
KFINTECH up 4% Today...Q4 Result Impact....Cmp : 1298
Good Volume
BANDHANBNK Breaks 4 Month High....Cmp : 171.50....Good Volume
PNBHOUSING upper Freeze @ 10% Today
Q4 Result Impact....Cmp : 1084.85
DEFENCE STOCKS HIT DAY HIGH
DATAPATTNS +5%
GRSE +5%
MAZDOCK +4%
BDL +4%
BSE up 3% Today....Cmp : 6775....Stock breaks Record high
News : INTRODUCTION OF BLOCK DEAL WINDOW IN T+0 SETTLEMENT CYCLE