▪️Tata Consumer Concall: Cons EBITDA declined on account of input cost pressure in tea and coffee
🔸Tata Consumer Concall: Margins will normalise & volumes will come back if tea inflation goes down & prices are maintained
🔸Tata Consumer Concall: Margins will normalise & volumes will come back if tea inflation goes down & prices are maintained
Market closes higher, PNC Infratech bags a Rs 240 crore order from PWD, Rajasthan
Nifty 50 closed at 24,328.95 (161.7, 0.7%) , BSE Sensex closed at 80,116.49 (520.9, 0.7%) while the broader Nifty 500 closed at 22,237.60 (152.5, 0.7%). Market breadth is neutral. Of the 2,431 stocks traded today, 1,210 were in the positive territory and 1,186 were negative.
Indian indices closed higher after erasing losses in the afternoon session. The Indian volatility index, Nifty VIX, surge 4.8% and closed at 16 points. HCL Technologies closed 7.7% higher as its Q4FY25 revenue grew 1.1% QoQ to Rs 30,695 crore, helped by improvements in the IT & business services and engineering & R&D services segments.
Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. Nifty IT and BSE Auto were the best-performing indices of the day. According to Trendlyne’s sector dashboard, Software & Services emerged as the best-performing sector of the day, with a rise of 3.6%.
European indices are trading higher, except for Russia’s RTSI and MOEX indices, which are down 1% each. Major Asian indices closed in the green. US index futures are trading higher, indicating a positive start to the session after President Donald Trump backs off his threat to fire Federal Reserve Chief, Jerome Powell.
Money flow index (MFI) indicates that stocks like Asahi India Glass, Gujarat Mineral Development Corp, Data Patterns India, and Bharti Hexacom are in the overbought zone.
Aditya Birla Capital is rising as it receives a certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a corporate agent.
Rajesh Power secures a Rs 1,116 crore order from government and institutional customers for the supply, installation, testing, and commissioning of underground and overhead electrical cables in Gujarat.
Maharashtra Scooters is rising as its net profit surges 5X YoY to Rs 51.6 crore in Q4FY25 due to an exceptional items gain of Rs 57.7 crore. Revenue increases 28.4% YoY to Rs 6.7 crore, driven by higher sales from the investments segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the past month.
Electric scooter maker Ather Energy sets the price band for its IPO at Rs 304–321 per share. The IPO opens for subscription on April 28 and closes on April 30. The issue includes a fresh equity raise of Rs 2,626 crore and an offer for sale (OFS) of 1.1 crore shares.
Nifty 50 closed at 24,328.95 (161.7, 0.7%) , BSE Sensex closed at 80,116.49 (520.9, 0.7%) while the broader Nifty 500 closed at 22,237.60 (152.5, 0.7%). Market breadth is neutral. Of the 2,431 stocks traded today, 1,210 were in the positive territory and 1,186 were negative.
Indian indices closed higher after erasing losses in the afternoon session. The Indian volatility index, Nifty VIX, surge 4.8% and closed at 16 points. HCL Technologies closed 7.7% higher as its Q4FY25 revenue grew 1.1% QoQ to Rs 30,695 crore, helped by improvements in the IT & business services and engineering & R&D services segments.
Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. Nifty IT and BSE Auto were the best-performing indices of the day. According to Trendlyne’s sector dashboard, Software & Services emerged as the best-performing sector of the day, with a rise of 3.6%.
European indices are trading higher, except for Russia’s RTSI and MOEX indices, which are down 1% each. Major Asian indices closed in the green. US index futures are trading higher, indicating a positive start to the session after President Donald Trump backs off his threat to fire Federal Reserve Chief, Jerome Powell.
Money flow index (MFI) indicates that stocks like Asahi India Glass, Gujarat Mineral Development Corp, Data Patterns India, and Bharti Hexacom are in the overbought zone.
Aditya Birla Capital is rising as it receives a certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a corporate agent.
Rajesh Power secures a Rs 1,116 crore order from government and institutional customers for the supply, installation, testing, and commissioning of underground and overhead electrical cables in Gujarat.
Maharashtra Scooters is rising as its net profit surges 5X YoY to Rs 51.6 crore in Q4FY25 due to an exceptional items gain of Rs 57.7 crore. Revenue increases 28.4% YoY to Rs 6.7 crore, driven by higher sales from the investments segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the past month.
Electric scooter maker Ather Energy sets the price band for its IPO at Rs 304–321 per share. The IPO opens for subscription on April 28 and closes on April 30. The issue includes a fresh equity raise of Rs 2,626 crore and an offer for sale (OFS) of 1.1 crore shares.
The Market Outlook
Market closes higher, PNC Infratech bags a Rs 240 crore order from PWD, Rajasthan Nifty 50 closed at 24,328.95 (161.7, 0.7%) , BSE Sensex closed at 80,116.49 (520.9, 0.7%) while the broader Nifty 500 closed at 22,237.60 (152.5, 0.7%). Market breadth is neutral.…
Bharti Hexacom rises to hit its all-time high of Rs 1,697.9 as it, along with Bharti Airtel, signs deals with Adani Data Networks to acquire rights to use 400 megahertz (MHz) spectrum in the 26 GHz band across six circles.
Suven Pharmaceuticals receives approval from the Department of Pharmaceuticals to raise foreign investment above 74% after its merger with Cohance Lifesciences. Foreign institutional investors hold an 11.1% stake as of Q4FY25.
Suzlon bags a 378 MW wind energy order from NTPC Green Energy. The company will supply 120 S144 Wind Turbine Generators (WTG) with hybrid lattice towers (HLT), each with a rated capacity of 3.15 MW, and also undertake the commissioning of the project.
The World Bank cuts India’s FY26 growth forecast by 40 basis points to 6.3%, noting that benefits from monetary easing and regulatory reforms are offset by global economic weakness and policy uncertainty. The World Bank's growth projections for the current fiscal year are lower than RBI's recent forecast of 6.5%. However, these projections are close to the lower band of the forecast range (6.3-6.8%) given in the Economic Survey.
Tata Communications' Q4FY25 net profit surges 3.2x YoY to Rs 1,040.3 crore owing to exceptional gains from the sale of its properties and Chennai and its subsidiary, Tata Communications Payments Solutions. Revenue grows 6.3% YoY to Rs 6,059.2 crore, helped by improvements in the data services and campaign registry segments. It features in a screener of stocks with rising quarterly net profit and profit margin.
PNC Infratech is rising as it secures an order worth Rs 239.9 crore from the Public Works Department, Rajasthan, to construct a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur.
Aurobindo Pharma receives final approval from the US FDA to manufacture and market Dasatinib Tablets. The tablet is used to treat certain types of blood cancer, like leukemia. According to IQVIA, the drug has a market size of $1.8 bn as of February 2025.
India’s flash Composite PMI for April hits an 8-month high of 60, up from 59.5 in March. The Manufacturing PMI climbs to 58.4 from 58.1, signalling robust factory activity supported by strong new orders and output. Meanwhile, the Services PMI rises to 59.1 from 58.5, indicating sustained growth in the services sector.
Ashish Kacholia adds Infinium Pharmachem, Naman In-store, and Z-Tech to his portfolio in Q4FY25. He buys 4.6%, 8.3%, and 3.5% stakes in these companies, respectively.
Motilal Oswal initiates coverage on Niva Bupa Health Insurance with a 'Buy' rating and a target price of Rs 100. The brokerage expects gross written premium (GWP) to grow at a CAGR of 25% over FY25-28, driven by strong distribution management.
AU Small Finance Bank rises sharply as its net profit grows by 35.9% YoY to Rs 503.7 crore in Q4FY25. Revenue increases by 48.6% YoY to Rs 5,031.3 crore, driven by improvements in the treasury, wholesale, and retail banking segments. The bank's asset quality deteriorates as its gross and net NPAs expand by 61 bps and 19 bps YoY, respectively, during the quarter.
Commerce Secretary-designate Rajesh Agrawal is set for three days of bilateral trade talks in the US. He will lead high-level negotiations with the USTR team, focusing on key issues such as greater market access for US agricultural goods, lowering baseline tariffs, and reducing non-tariff barriers.
Suven Pharmaceuticals receives approval from the Department of Pharmaceuticals to raise foreign investment above 74% after its merger with Cohance Lifesciences. Foreign institutional investors hold an 11.1% stake as of Q4FY25.
Suzlon bags a 378 MW wind energy order from NTPC Green Energy. The company will supply 120 S144 Wind Turbine Generators (WTG) with hybrid lattice towers (HLT), each with a rated capacity of 3.15 MW, and also undertake the commissioning of the project.
The World Bank cuts India’s FY26 growth forecast by 40 basis points to 6.3%, noting that benefits from monetary easing and regulatory reforms are offset by global economic weakness and policy uncertainty. The World Bank's growth projections for the current fiscal year are lower than RBI's recent forecast of 6.5%. However, these projections are close to the lower band of the forecast range (6.3-6.8%) given in the Economic Survey.
Tata Communications' Q4FY25 net profit surges 3.2x YoY to Rs 1,040.3 crore owing to exceptional gains from the sale of its properties and Chennai and its subsidiary, Tata Communications Payments Solutions. Revenue grows 6.3% YoY to Rs 6,059.2 crore, helped by improvements in the data services and campaign registry segments. It features in a screener of stocks with rising quarterly net profit and profit margin.
PNC Infratech is rising as it secures an order worth Rs 239.9 crore from the Public Works Department, Rajasthan, to construct a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur.
Aurobindo Pharma receives final approval from the US FDA to manufacture and market Dasatinib Tablets. The tablet is used to treat certain types of blood cancer, like leukemia. According to IQVIA, the drug has a market size of $1.8 bn as of February 2025.
India’s flash Composite PMI for April hits an 8-month high of 60, up from 59.5 in March. The Manufacturing PMI climbs to 58.4 from 58.1, signalling robust factory activity supported by strong new orders and output. Meanwhile, the Services PMI rises to 59.1 from 58.5, indicating sustained growth in the services sector.
Ashish Kacholia adds Infinium Pharmachem, Naman In-store, and Z-Tech to his portfolio in Q4FY25. He buys 4.6%, 8.3%, and 3.5% stakes in these companies, respectively.
Motilal Oswal initiates coverage on Niva Bupa Health Insurance with a 'Buy' rating and a target price of Rs 100. The brokerage expects gross written premium (GWP) to grow at a CAGR of 25% over FY25-28, driven by strong distribution management.
AU Small Finance Bank rises sharply as its net profit grows by 35.9% YoY to Rs 503.7 crore in Q4FY25. Revenue increases by 48.6% YoY to Rs 5,031.3 crore, driven by improvements in the treasury, wholesale, and retail banking segments. The bank's asset quality deteriorates as its gross and net NPAs expand by 61 bps and 19 bps YoY, respectively, during the quarter.
Commerce Secretary-designate Rajesh Agrawal is set for three days of bilateral trade talks in the US. He will lead high-level negotiations with the USTR team, focusing on key issues such as greater market access for US agricultural goods, lowering baseline tariffs, and reducing non-tariff barriers.
The Market Outlook
Bharti Hexacom rises to hit its all-time high of Rs 1,697.9 as it, along with Bharti Airtel, signs deals with Adani Data Networks to acquire rights to use 400 megahertz (MHz) spectrum in the 26 GHz band across six circles. Suven Pharmaceuticals receives approval…
Caplin Point Laboratories receives US FDA approval for its abbreviated new drug application (ANDA) for Phytonadione Injectable Emulsion. The injection is used to treat bleeding caused by Vitamin K deficiency in newborns. According to IQVIA, the drug recorded US sales of $18.5 million for the year ending February 2025.
Cyient DLM is rising as its net profit grows 36.5% YoY to Rs 31 crore in Q4FY25 due to lower material costs. Revenue increases 18.3% YoY to Rs 428.1 crore, driven by higher sales from the aerospace segment during the quarter. The company appears in a screener of stocks with increasing profits every quarter for the past three quarters.
M&M Financial Services is falling as net profit declines 50.1% QoQ to Rs 457.2 crore in Q4FY25 due to higher credit costs and a loss of Rs 152.1 crore in its housing finance subsidiary. However, revenue rises 2% QoQ to Rs 4,896.8 crore, driven by a higher loan book. The company appears in a screener of stocks where mutual funds have increased their shareholding over the past quarter.
Cyient DLM CEO Anthony Montalbano highlights a one-off 200 bps boost in Q4FY25 margins and operational efficiency gains. He projects FY25 margins in the 10–12% range. Montalbano expects a recovery in the orderbook from Q2FY26, helped by growing traction in the US market and ongoing discussions that could convert into business.
Waaree Energies rises sharply as its net profit grows 34.1% YoY to Rs 618.9 crore in Q4FY25 due to inventory destocking and lower purchase of trading goods. Revenue increases 36.4% YoY to Rs 4,003.9 crore, driven by a 52.6% YoY surge in production during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.
Ashoka Buildcon is rising as it receives a Letter of Award (LoA) worth Rs 568.8 crore from Central Railway for a gauge conversion project between Pachora and Jamner in Maharashtra.
HCL Technologies rises sharply as its Q4FY25 revenue grows 1.1% QoQ to Rs 30,695 crore, helped by improvements in the IT & business services and engineering & R&D services segments. However, net profit falls 6.2% QoQ to Rs 4,307 crore due to higher employee benefits and tax expenses. It appears in a screener of stocks outperforming their industries over the past quarter.
Havells India's net profit rises 15.9% YoY to Rs 517.8 crore in Q4FY25. Revenue increases 20.2% YoY to Rs 6,543.6 crore, driven by higher sales in the switchgears, cables, and Llyod consumer segments during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.
Markets rise on early trading, Nifty 50 was trading at 24,313.50 (146.3, 0.6%) , BSE Sensex was trading at 80,142.09 (546.5, 0.7%) while the broader Nifty 500 was trading at 22,218.25 (133.1, 0.6%)
Market breadth is overwhelmingly positive. Of the 1,971 stocks traded today, 1,552 were on the uptick, and 375 were down.
Riding High:
Largecap and midcap gainers today include Au Small Finance Bank Ltd. (665.45, 8.4%), HCL Technologies Ltd. (1,594, 7.7%) and Coforge Ltd. (7,392, 6.3%).
Downers:
Largecap and midcap losers today include Muthoot Finance Ltd. (2,191.40, -3.6%), Voltas Ltd. (1,299, -3.4%) and Havells India Ltd. (1,612, -3.2%).
Crowd Puller Stocks
22 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Au Small Finance Bank Ltd. (665.45, 8.4%), HCL Technologies Ltd. (1,594, 7.7%) and Latent View Analytics Ltd. (420.50, 7.2%).
Top high volume losers on BSE were Jammu & Kashmir Bank Ltd. (103.18, -9.6%), J B Chemicals & Pharmaceuticals Ltd. (1,585.50, -4.3%) and Havells India Ltd. (1,612, -3.2%).
Supreme Petrochem Ltd. (633.45, 4.4%) was trading at 13.3 times of weekly average. Eris Lifesciences Ltd. (1,476.90, 5.5%) and Maharashtra Scooters Ltd. (11,660, 2.0%) were trading with volumes 8.4 and 7.6 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
6 stocks made 52 week highs,
Cyient DLM is rising as its net profit grows 36.5% YoY to Rs 31 crore in Q4FY25 due to lower material costs. Revenue increases 18.3% YoY to Rs 428.1 crore, driven by higher sales from the aerospace segment during the quarter. The company appears in a screener of stocks with increasing profits every quarter for the past three quarters.
M&M Financial Services is falling as net profit declines 50.1% QoQ to Rs 457.2 crore in Q4FY25 due to higher credit costs and a loss of Rs 152.1 crore in its housing finance subsidiary. However, revenue rises 2% QoQ to Rs 4,896.8 crore, driven by a higher loan book. The company appears in a screener of stocks where mutual funds have increased their shareholding over the past quarter.
Cyient DLM CEO Anthony Montalbano highlights a one-off 200 bps boost in Q4FY25 margins and operational efficiency gains. He projects FY25 margins in the 10–12% range. Montalbano expects a recovery in the orderbook from Q2FY26, helped by growing traction in the US market and ongoing discussions that could convert into business.
Waaree Energies rises sharply as its net profit grows 34.1% YoY to Rs 618.9 crore in Q4FY25 due to inventory destocking and lower purchase of trading goods. Revenue increases 36.4% YoY to Rs 4,003.9 crore, driven by a 52.6% YoY surge in production during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.
Ashoka Buildcon is rising as it receives a Letter of Award (LoA) worth Rs 568.8 crore from Central Railway for a gauge conversion project between Pachora and Jamner in Maharashtra.
HCL Technologies rises sharply as its Q4FY25 revenue grows 1.1% QoQ to Rs 30,695 crore, helped by improvements in the IT & business services and engineering & R&D services segments. However, net profit falls 6.2% QoQ to Rs 4,307 crore due to higher employee benefits and tax expenses. It appears in a screener of stocks outperforming their industries over the past quarter.
Havells India's net profit rises 15.9% YoY to Rs 517.8 crore in Q4FY25. Revenue increases 20.2% YoY to Rs 6,543.6 crore, driven by higher sales in the switchgears, cables, and Llyod consumer segments during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.
Markets rise on early trading, Nifty 50 was trading at 24,313.50 (146.3, 0.6%) , BSE Sensex was trading at 80,142.09 (546.5, 0.7%) while the broader Nifty 500 was trading at 22,218.25 (133.1, 0.6%)
Market breadth is overwhelmingly positive. Of the 1,971 stocks traded today, 1,552 were on the uptick, and 375 were down.
Riding High:
Largecap and midcap gainers today include Au Small Finance Bank Ltd. (665.45, 8.4%), HCL Technologies Ltd. (1,594, 7.7%) and Coforge Ltd. (7,392, 6.3%).
Downers:
Largecap and midcap losers today include Muthoot Finance Ltd. (2,191.40, -3.6%), Voltas Ltd. (1,299, -3.4%) and Havells India Ltd. (1,612, -3.2%).
Crowd Puller Stocks
22 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Au Small Finance Bank Ltd. (665.45, 8.4%), HCL Technologies Ltd. (1,594, 7.7%) and Latent View Analytics Ltd. (420.50, 7.2%).
Top high volume losers on BSE were Jammu & Kashmir Bank Ltd. (103.18, -9.6%), J B Chemicals & Pharmaceuticals Ltd. (1,585.50, -4.3%) and Havells India Ltd. (1,612, -3.2%).
Supreme Petrochem Ltd. (633.45, 4.4%) was trading at 13.3 times of weekly average. Eris Lifesciences Ltd. (1,476.90, 5.5%) and Maharashtra Scooters Ltd. (11,660, 2.0%) were trading with volumes 8.4 and 7.6 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
6 stocks made 52 week highs,
The Market Outlook
Bharti Hexacom rises to hit its all-time high of Rs 1,697.9 as it, along with Bharti Airtel, signs deals with Adani Data Networks to acquire rights to use 400 megahertz (MHz) spectrum in the 26 GHz band across six circles. Suven Pharmaceuticals receives approval…
Stocks touching their year highs included - HDFC Bank Ltd. (1,923.90, -1.9%), JK Cement Ltd. (5,081.60, -1.4%) and UPL Ltd. (679.90, 1.1%).
23 stocks climbed above their 200 day SMA including Motilal Oswal Financial Services Ltd. (769, 6.2%) and Sapphire Foods India Ltd. (340, 5.6%). 11 stocks slipped below their 200 SMA including PCBL Chemical Ltd. (409.95, -2.8%) and Bharat Petroleum Corporation Ltd. (300.45, -1.9%).
23 stocks climbed above their 200 day SMA including Motilal Oswal Financial Services Ltd. (769, 6.2%) and Sapphire Foods India Ltd. (340, 5.6%). 11 stocks slipped below their 200 SMA including PCBL Chemical Ltd. (409.95, -2.8%) and Bharat Petroleum Corporation Ltd. (300.45, -1.9%).
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Attari Border closed with immediate effect, says Foreign Secretary Vikram Misri.
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