Wealth Mantra Official ️
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✌️Suggestions on Strong Fundamental Companies & Technical Analysis + COMPANY NEWS & RESULTS + epaper + CONCALLS🍀

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DHP India

Counter Cyclical increased its stake in DHP India Limited, acquiring 4,644 shares through open market purchases on April 21, 2025. This acquisition raised Counter Cyclical’s total shareholding in DHP India to 7.13%.
AB FASHIONS, TRENT ; Reliance's Tira starts retailing lifestyle merchandise : Reports
NBCC ; WINS RS 65 CR ORDER
PURAVANKARA Management says Deployed Significant Capital In The Last Year - NDTV PROFIT

Next Year Should Show Good Pre-Sales Numbers

There Was A General Trend Towards Larger Units

May Again Start Seeing Reduction In Price Of Unit As A Trend

Industry Wise, The Trend Is Very Positive

There Is A Very Significant End User Demand
Bharat Forge - Acquisition

Bharat Forge received approval from the Competition Commission of India (CCI) for the acquisition of AAM India Manufacturing Corporation. Completion of the acquisition is subject to precedent conditions and SPA terms
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NBCC ; WINS RS 65 CR ORDER
NBCC ; NBCC has received new work orders worth approximately ₹64.67 crore for projects in Odisha, Hyderabad, and Delhi, including development works at Dhamnagar College, infrastructure construction at NALSAR University, and a hostel block for Sewa Bharti.

These orders are part of its regular business operations.
PVP Ventures

PVP Ventures approved the acquisition of a 56% stake in Optimus Oncology Private Limited for approximately ₹55 crores. The company also appointed Mr. B. Vignesh Ram as Company Secretary & Compliance Officer, effective April 23, 2025.
SUPREME COURT ON KASHMIR TERRORIST ATTACK

This diabolical act of mindless violence has shaken the conscience of all and is a stark reminder of the brutality and inhumanity that terrorism unleashes
GACM Technologies

GACM Technologies revised the record date for determining rights entitlements to April 28, 2025
Current  Mainboard IPO

Ather Energy Ltd

Issue date - 28 to 30 Apr
Issue size - Rs. 2980.76 crore
Fresh Issue - Rs. 2,626 crore
OFS - Rs. 354.76 crore
Price band - Rs 304-321
Lot size - 46
Retail Amount - Rs. 14,766 (46 shares)
Small HNI - Rs. 2,06,724 (644 shares)
Big HNI - Rs. 10,04,088 (3,128 shares)
Allotment date : 02 May
Listing Date : 06 May
GMP - 5.30% or Rs. 17
Nifty IT up 4.39% up

HCLTECH up 7.8%
Coforge up 6.1%
LTIM up 5%
LG Electronics Is Said To Pause Work On India Unit's IPO Plans - Bloomberg
Pahalgam update -

• TRF, branch of LET has taken the responsibility.

• Internet shutdown in Kashmir, internet is slowed down in Jammu.

• Shops are shut in J&K. Air India and Indigo has announced additional flights to bring tourists from Kashmir back to their home towns. Also offering full refunds on flight cancellations.

• Photo of 4 te***** is out, 2 of them appear to be Bangladeshi/Rohingya (allegedly). Army in action now, ki!!ed two, looking for other two.

• PM Modi back to India. Avoided Pakistani air space while coming back from Saudi. Held meeting with EAM Jaishankar, NSA Ajit Doval and other officials.
Diplomatic steps government of India planning to take after this attack -

1. India may withdraw its diplomatic personnel from Islamabad and could expel Pakistan High Commission in New Delhi, reclaim land given in Delhi as well.

2. Suspend Indus water treaty water.

3. Could impose complete ban on issuing visas to Pakistani nationals.

4. India could suspend operations of the Kartarpur corridor with immediate effect.

5. Could halt direct indirect trade with Pakistan, even via UAE.

6. Indian could also discontinue Wagah border flag ceremony, beating retreat and similar events to end all border ceremonies.

Source - TV9
RESULTS ON 23/04/2025

360 ONE WAM LTD

ANS Industries Ltd

Astec Lifesciences Ltd

Bajaj Housing Finance Ltd

Can Fin Homes Ltd

Dalmia Bharat Ltd

Den Networks Ltd

Eimco Elecon (India) Ltd

Filatex India Ltd

Gravity India Ltd

Gujarat Hotels Ltd

IIRM Holdings India Ltd

Ind Bank Housing Ltd

International Travel House Ltd

Khaitan Chemicals & Fertilizers Ltd

LTIMindtree Ltd

Maharashtra Scooters Ltd

Mangalam Global Enterprise Ltd

Rallis India Ltd

Refex Industries Ltd

Supreme Petrochem Ltd

Syngene International Ltd

Tata Consumer Products Ltd

Thyrocare Technologies Ltd

Tips Music Ltd

Tamilnad Mercantile Bank Ltd

Tata Teleservices (Maharashtra) Ltd

Wendt (India) Ltd

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PMI DATA RELEASED

India April flash Composite PMI at 60.0 vs 59.5 in March

India April flash Manufacturing PMI at 58.4 vs 58.1 in March

India April flash Services PMI at 59.1 vs 58.5 in March

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INDIA CONSIDERS ZERO TARIFF ON HARLEY-DAVIDSON BIKES

FROM BLOOMBERG

India Considers Zero Tariff On Harley-Davidson Bikes

India Considering Cutting Tariffs On High-end Motorcycles To Zero

Indian govt Mulls Scrapping Import Duties On Motorbikes >750 cc

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Sona BLW - big downgrade

BofA on Auto Ancillaries

Sona BLW – Downgrade to Underperform from Buy; Cut TP to Rs 440 from Rs 700

Bharat Forge – Maintain Underperform; Cut TP to Rs 900 from Rs 985

SAMIL – Maintain Buy with TP of Rs 160

Near term growth tariff’ied but not yet in the price

Downgrade Sona on high US & customer concentration

Revenue ramp up thesis of Sona has been pushed out

Demand & volume deceleration at its key EV customer

Sona has 43% of its revenues coming from US and consumer sentiment has been weakening regardless of the tariff

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AU Small Finance Bank Q4 Concall Highlights:

- Deposits up 27% YoY to ₹1.24 lakh crore; loans up 20% to ₹1.15 lakh crore.

- ROA steady at 1.5% despite ₹150 crore in provisions; long-term target at 1.8%.

- Cost of funds at 7.07%; cost-to-income ratio improved to 57%.

- Branch profitability up: Nearly 50% of branches profitable, vs 25% last year.

- Expansion plans: To open 70–80 new branches and scale deposit services.

- Loan book growth led by retail and commercial segments.

- Applied for universal banking license; RBI review in progress.

- Credit card cost targeted at 6–7% with strong growth outlook.

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MARCH LIFE INSURANCE DATA

LIC 1st year premium at ₹36,907 crore, up 1.7% YoY

SBI Life 1st year premium at ₹3,871 crore, down 11.4% YoY

HDFC Life 1st year premium at ₹4,876 crore, up 5% YoY

ICICI Pru Life 1st year premium at ₹3,810 crore, up 18.1% YoY

Life insurers' total 1st year premium at 61,439 crore, up 2% YoY

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