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04 Jun 2025

Market closes higher, TVS signs MoU with Kadam Mobility to deploy 500 electric 3-wheelers in FY26

Nifty 50 closed at 24,620.20 (77.7, 0.3%), BSE Sensex closed at 80,998.25 (260.7, 0.3%) while the broader Nifty 500 closed at 22,807.85 (96.6, 0.4%). Market breadth is in the green. Of the 2,446 stocks traded today, 1,289 were gainers and 1,104 were losers.

Indian indices closed higher after rising throughout the day. The Indian volatility index, Nifty VIX, fell 4.9% and closed at 15.7 points. Garden Reach Shipbuilders surged 6.5% to its all-time high of Rs 3,465.5 after signing a memorandum of understanding (MoU) with Norway's Kongsberg to build a polar research vehicle.

Nifty Smallcap 100 and Nifty Midcap 100 closed higher, following the benchmark index. Nifty India Digital and S&P BSE Telecom Indices were among the top index gainers today. According to Trendlyne’s sector dashboard, Telecom Services emerged as the top-performing sector of the day, with a rise of 1.6%.

Asian indices closed higher, except for Thailand’s SET, which closed lower. European indices are trading higher, except for Portugal’s PSI, which is trading lower. US index futures are trading flat or higher as investors weigh increased metal tariffs against hopes of progress in US-China trade talks. Brent crude futures are trading higher after rising 1.7% on Tuesday.

Coforge sees a short buildup in its June 26 futures series, with open interest increasing by 4x and a put-call ratio of 0.5.
Yes Bank rises as its board of directors approves raising up to Rs 7,500 crore in equity and Rs 8,500 crore via debt instruments in FY26. The funds will be raised in tranches across domestic and global markets, with dilution capped at 10%.
Swiggy surges as Morgan Stanley initiates coverage with a 'Buy' call and a target price of Rs 405 per share. This indicates a potential upside of 12.4%. The brokerage believes that the company's food delivery and quick commerce businesses will grow due to aggressive investments in infrastructure. It expects the firm's quick commerce business to grow at a CAGR of 63% over FY26-28.
TVS Motor signs a memorandum of understanding (MoU) with Kadam Mobility to deploy 500 TVS King EV MAX electric three-wheelers in FY26. The company plans to roll out the vehicles in phases starting in Q2FY26.
Nomura maintains a 'Neutral' rating on Tata Motors with a target price of Rs 799. The brokerage expects the newly launched Harrier EV to drive higher EV penetration with its competitive pricing. Nomura projects EV penetration to increase to 4% in FY26 and 5% in FY27, up from 2.3% in FY25. The new model's price aligns with entry-level diesel automatic SUVs in the high SUV segment.
#MarketsWithMC | Tata Motors stock snaps three-day fall as Nomura sees nearly 14% upside????

More details????https://t.co/HOzLwcWt6B #TataMotors #Business #Nomura #Cars
— Moneycontrol (@moneycontrolcom) June 4, 2025
Geojit BNP Paribas retains its 'Buy' call on Bharat Electronics, with a target price of Rs 441 per share. This indicates a potential upside of 13.9%. The brokerage remains positive on the stock due to the government's focus on domestic manufacturing, the growing contribution of electronics in defense, healthy market positioning, a robust order backlog, and consistently strong margins. It expects the firm's revenue to grow at a CAGR of 17.7% over FY26-27.
Chennai Petroleum Corp allocates Rs 400 crore as capital expenditure to re-enter the direct fuel retail segment. It plans to set up petrol and diesel outlets over the next 2–3 years as part of its expansion plan.
Kaynes Technology India is falling as it provides a corporate guarantee for a Rs 250 crore loan from multiple banks for its step-down subsidiary, Kaynes Canada. The company also invests $8.8 million (~ Rs 75.6 crore) in its subsidiary, Kaynes Holding.
Crude oil futures decline as the OECD (Organisation for Economic Cooperation and Development) lowers its global GDP growth outlook from 3.3% in 2024 to 2.9% in the next two years, assuming that mid-May tariff rates remain in place. It expects growth through 2025 to remain weak, with global output projected to rise just 2.6% YoY by the fourth quarter and only 1.1% in the US.
Crude oil futures fell on Wednesday morning as the OECD (Organisation for Economic Cooperation and Development) lowered its global economic growth outlook for the year.https://t.co/7qpgdAtFyt
— businessline (@businessline) June 4, 2025
Ethos is rising as its board of directors approves a fundraising of up to Rs 410 crore through the rights issue of equity shares.
Reports suggest that 63.4 crore shares (0.6% stake) of Vodafone Idea, worth Rs 428.4 crore, have changed hands in a block deal at an average price of Rs 6.8 per share. Ericsson India is likely the seller in the transaction.
Garden Reach Shipbuilders surges to its all-time high of Rs 3,465.5 per share as it enters a memorandum of understanding (MoU) with Norway's Kongsberg to construct a polar research vehicle.
Nuvama maintains a 'Buy' rating on Ceat with a target price of Rs 3,800. The brokerage believes the Camso acquisition will enhance the company’s margin profile and increase the export share of revenue to 25–26%. It anticipates strong export growth in FY26 and domestic replacement growth in single digits. It also projects a decline in raw material costs during Q1–Q2FY26 and estimates a capital expenditure of Rs 900–1,000 crore for FY26.
#BrokerageRadar | Nuvama on CEAT: Buy, target retained at ?3,800 (at 16x FY27E)@Nuvama_Wealth @CEATtyres #StockMarket pic.twitter.com/t2TLsoixlT
— ET NOW (@ETNOWlive) June 4, 2025
Sun Pharma Advanced Research Co plunges as it fails to meet key goals in phase-2 trials of its drug, Vibozilimod, for skin conditions like psoriasis and eczema. The company discontinues the drug’s development with no further trials planned.
Scoda Tubes’ shares make a flat debut on the bourses at Rs 140. The Rs 220 crore IPO received bids for 53.8 times the total shares on offer.
Tata Technologies falls as private equity TPG reportedly plans to divest its entire 2.1% stake (or 85.1 lakh shares) at a floor price between Rs 744.5 and Rs 767.5 per share, aggregating to Rs 634.1 crore through a block deal.
India's Services PMI rises marginally to 58.8 in May, up from 58.7 in April, staying well above the 50-mark. This represents the fastest expansion since February, driven by continued growth in output and new orders. Foreign sales touched record highs on the back of robust international demand.
#PMIData | HSBC May Services PMI At 58.80 Vs 58.70 In April

HSBC May Composite PMI At 59.3 Vs 59.7 In April pic.twitter.com/QeKgc37A5w
— CNBC-TV18 (@CNBCTV18Live) June 4, 2025
Gland Pharma receives final approval from the US FDA for Angiotensin II Acetate injection, used to treat very low blood pressure. According to IQVIA, the drug had a market size of $58 million in the US as of March 2025.
Alkem Laboratories falls as a 1.4% equity stake worth approximately Rs 825 crore reportedly changes hands in a block deal at an average price of Rs 4,850 per share. Promoter Jayanti Sinha is likely the seller in this transaction.
Aditya Birla Fashion and Retail plunges as 10.7 crore share (8.8% stake), worth Rs 862 crore, reportedly change hands in a block deal at an average price of Rs 80 per share. Flipkart is likely the seller in the transaction.
Adani Enterprises' arm, Adani Airports Holdings, raises $750 million (approximately Rs 6,240 crore) through external commercial borrowings (ECB) from a consortium of international banks. These include First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The proceeds will be used to refinance existing debt, invest in infrastructure upgrades, and expand capacity across the six airports.
Adani Enterprises' airport unit secures $750 million from bank consortium https://t.co/lDxfoqJw8Y
— Reuters Asia (@ReutersAsia) June 4, 2025
Indegene falls sharply as Carlyle Group reportedly plans to divest its entire 10.2% stake (or 2.4 crore shares) at a floor price of Rs 580 per share, aggregating to Rs 1,420 crore through a block deal.
Indian Energy Exchange's electricity volume increases by 14% YoY to 10,946 million units (MU) in May. IEX Green Market achieves a volume growth of 47% YoY to 915 MU.
Ashok Leyland is rising as it secures an order worth Rs 183.8 crore from Tamil Nadu State Transport Corp (TNSTC) to supply 543 BSVI diesel chassis and fully built buses.
Zydus Lifesciences' subsidiary, Zyus Pharmaceuticals USA, acquires two US-based biologics manufacturing facilities in California from Agenus for a cash consideration of $75 million (~ Rs 643.2 crore). This acquisition allows Zydus to enter the global biologics contract development and manufacturing organisation (“CDMO”) business.
Nifty 50 was trading at 24,572.45 (30.0, 0.1%), BSE Sensex was trading at 80,777.65 (40.1, 0.1%) while the broader Nifty 500 was trading at 22,764.30 (53, 0.2%).
Market breadth is in the green. Of the 1,964 stocks traded today, 1,278 showed gains, and 641 showed losses.

Riding High:

Largecap and midcap gainers today include Rail Vikas Nigam Ltd. (429.95, 6.5%), PB Fintech Ltd. (1,841.40, 5.8%) and GlaxoSmithKline Pharmaceuticals Ltd. (3,420, 5.4%).

Downers:

Largecap and midcap losers today include Cholamandalam Investment & Finance Company Ltd. (1,512.70, -3.4%), Alkem Laboratories Ltd. (4,868.50, -2.6%) and Suzlon Energy Ltd. (66.72, -2.1%).

Movers and Shakers

21 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Ircon International Ltd. (220.46, 13.7%), Swan Energy Ltd. (449.20, 9.0%) and Rail Vikas Nigam Ltd. (429.95, 6.5%).

Top high volume losers on BSE were Sun Pharma Advanced Research Company Ltd. (156.83, -19.7%), Aditya Birla Fashion and Retail Ltd. (76.77, -10.7%) and Kaynes Technology India Ltd. (5,737.50, -0.9%).

SKF India Ltd. (4,776, 3.0%) was trading at 6.2 times of weekly average. Aether Industries Ltd. (775.20, 3.9%) and Aster DM Healthcare Ltd. (582.85, 5.6%) were trading with volumes 4.3 and 4.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

14 stocks took off, crossing 52 week highs, while 3 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - CCL Products India Ltd. (889.60, -0.2%), Fortis Healthcare Ltd. (738.85, 1.3%) and GlaxoSmithKline Pharmaceuticals Ltd. (3,420, 5.4%).

Stocks making new 52 weeks lows included - Aditya Birla Fashion and Retail Ltd. (76.77, -10.7%) and Sheela Foam Ltd. (626, 0.4%).

14 stocks climbed above their 200 day SMA including Ircon International Ltd. (220.46, 13.7%) and Rail Vikas Nigam Ltd. (429.95, 6.5%). 20 stocks slipped below their 200 SMA including Sun Pharma Advanced Research Company Ltd. (156.83, -19.7%) and Star Health and Allied Insurance Company Ltd. (467.10, -1.2%).

04 Jun 2025

Largecaps to see new entries and exits, with reclassification | Screener: Stocks outperforming in ROE

By Swapnil Karkare

What’s a blockbuster movie? In 2019, a Rs. 475 crore box office collection made a film the year’s biggest hit. Fast forward to 2024, and the bar is much higher. The top grosser, Pushpa Part 2,raked in Rs. 1,755 crore.

That’s also what has happened in the case of stock markets. The definition of a large-cap stock has moved up.

AMFI classifies 'largecaps' as the top 100 companies by market capitalisation, regardless of the value. Back in 2019, the large-cap threshold was Rs 25,000 crore. Today, it’s Rs 1 trillion.

"With the ongoing bull run, these thresholds are continuously breaking records, setting new highs with every semi-annual review," notes Nuvama.

AMFI reclassifies stocks twice a year. Some stocks move up the ladder – from small to mid-caps, and from mid to large caps. They also get reclassified downward.

The announcements come in early January (for changes effective February 1) and again in early July (effective August 1). The cut-off dates are December 31 and June 30, respectively, and mutual funds have about a month after that to rebalance their portfolios accordingly.

Does this classification matter? That’s what we look at in today’s piece.

In this week's Analyticks:

Last year's winner, this year's loser: Stocks moving in and out of the largecap list
Screener: Companies outperforming their 3-year average RoE, and beating the industry

Additions to the largecaps: from IPO giants to multibaggers

The December 2024 cut-off highlighted how IPO giants can quickly ascend into the large-cap space. Hyundai, Swiggy, Bajaj Housing Finance, and NTPC Green Energy entered the largecap club right after listing.

Strong price action helped stocks like RVNL make the cut. RVNL has been a standout performer in the railway space, thanks to its strong fundamentals and large government contract wins. The stock tripled between January and July 2024, and has also secured its place in the MSCI Emerging Market and MSCI India Domestic indexes.

Another addition, Info Edge also made waves, benefitting from better hiring trends, AI-led productivity gains, and Jeevansathi and 99acres showing signs of breakeven. It also got upgraded by Goldman Sachs and Bank of America.

Banks fall off the large-cap list

But this is a zero-sum game. For every winner, there's a loser, for every upgrade, a downgrade. This time, the casualties have included public sector banks and even a few financially sound players.

Public sector bank stocks have been hit by profit booking, weak deposit growth, SBI’s downgrade by Goldman Sachs, and exposure concerns tied to the Vodafone Idea AGR dues and Adani’s legal battles.

Elara Securities says, “We believe PSBs might not be able to drive their returns further, and, at best, may sustain earnings. So there would be limited scope of rerating and it would be relatively slow.”

IndusInd Bank’s demotion to mid-cap came after a sharp 35% decline in shares between September and December 2024, after weak Q2FY25 results. The fall worsened in March 2025 after a Rs. 1,500 crore discrepancy in its derivative accounts (2.35% of its net worth) came to light. This triggered a 27% single-day crash in its stock prices and a dip in mutual fund holdings from 30% in December 2024 to 28% in March 2025.

Additionally, some fundamentally strong companies have exited the large-cap category, not due to poor financial health but from high valuations and sluggish momentum.

Buy the rumour, sell the news

With reclassification, stocks don't always behave the way you'd expect. We looked at the performance across four key periods around the cut-offs: i) a month before the cut-off - when predictions start (e.g. Dec 2024), ii) a month after cut-off - when changes are announced but not yet implemented (Jan 2025), iii) one month post-inclusion (Feb 2025), and iv) two months post-inclusion - when mutual fund rebalancing is mostly done (Mar 2025)

Stocks that were expected to be included usually rallied before the cut-off. Market whispers and analyst predictions also drive this pre-cut-off surge. For instance, IRFC surged 33% in December 2023, Motherson gained 26% in June 2024, and Swiggy climbed 15% in December 2024—one of the few stocks posting gains during that cycle.

But once the changes are in place, the momentum fades, partly due to profit booking. For example, IRFC fell 16% after its inclusion and lost another 3% two months later.

Many of these stocks bounce back in price about two months post-inclusion, due to company-specific news or mutual fund rebalancing. The saying “Buy the rumour, sell the news” fits large-cap changes perfectly.

Not all is lost for stocks falling off the list

Surprisingly, stocks which dropped out of the large-cap list have also rallied a month before the reclassification. Sometimes even bad news can trigger short-term gains — possibly due to short covering, value buying, or repositioning ahead of the reshuffle.

However, once exclusion becomes official, stocks tend to decline in the immediate aftermath. Despite this, historical trends suggest that many bounce back within two months, as valuations get cheaper. Thus, the impact of a downgrade can be temporary.

Fundamentals matter

Market cap labels alone don’t drive stock prices. Business fundamentals matter. Since the cut-off dates often coincide with earnings seasons, financial results play a crucial role.

Take the case of Swiggy. Despite its oversubscribed IPO, its stock prices fell post-inclusion, largely due to disappointing Q3FY25 results. Its consolidated loss widened by 39% YoY, impacted by growing competition and tough macroeconomic conditions.

Zydus Lifesciences saw a 14% contraction following its inclusion in the June 2024 large-cap list, despite a 31% net profit jump in Q1. Citi maintained caution, noting that a few niche drugs drove the US sales growth in previous quarters and that it is not sustainable, reinforcing its ‘sell’ rating.

On the flip side, stock prices of Bosch and ICICI General Insurance rose despite being downgraded to midcap. Bosch reported 62% jump in net profit in Q3FY24 on fueled by robust auto components growth, while ICICI Lombard outperformed its peers and delivered 49% YoY profit increase in Q1FY25.

Who’s next?

Ahead of the August reshuffle, the market is already keeping a close watch on the predictions. Here are the names making waves and the ones at risk.

Nuvama estimates 11 stocks, such as Indian Hotels, Mazagon Dock, Solar Industries, and Dixon Technologies, that might make up a grand entry, thanks to their solid market cap growth, sectoral tailwinds and institutional backing.

Indian Hotels continues to ride the hospitality sector’s recovery, with Motilal Oswal optimistic about its momentum, strong demand, higher rates, and better occupancy driving the surge.

Mazagon Dock’s case reflects the growing focus on defence and shipbuilding. Nirmal Bang forecasts a 4x surge in order book, expanding margins, and a 25% stock price upside.

Meanwhile, names like Swiggy, RVNL, Polycab, NTPC Green, etc., might face a downgrade. Newly listed firms such as Swiggy and NTPC Green often face selling pressure in the post-lock-in expiry. Swiggy, in particular, has struggled to keep up its stock prices this year amid stiff competition.

Polycab faces intense competition from new players like Ultratech and Adani, adding pressure to its stock prices.

RVNL, on the other hand, was among the top 10 large-cap stocks sold by mutual funds in March this year, largely due to high valuations. Seema Srivastava of SMC Global Securities remarked, "RVNL shares are under pressure, but nothing is wrong with the company's fundamentals."

It's time to rethink how we think about largecaps

India's market is evolving, and maybe the classification system should too.

Back in 2019, the large-cap threshold was Rs 25,000 crore. Today, it’s Rs 1 trillion. This calls for a fresh approach.

Ajay Garg of Equirus proposes using market cap-based classification, like in the US, instead of ranks. The US sets a floor of $10 billion for largecaps, offering a more stable benchmark. India can similarly do this at say, Rs. 1 trillion, instead of doing a top 100. This way, Garg adds, “The number of stocks with institutional interest could expand to 650-700 and broaden the market.”

Garg also proposes a six-month transition to avoid market disruption and improve fund managers’ flexibility. This would help in including newly listed companies after going through a lock-in period and a value discovery process.

Screener: Companies outperforming their 3-year average RoE and outpacing industry peers

GSK Pharma, Dixon among top ROE outperformers

As the FY25 results season ends, we look at companies with high annual returns on equity (RoE) growth. This screener shows stocks with RoE above their 3-year average and higher than their industry peers.

The screener consists of stocks from the aluminium & aluminium products, pharmaceuticals, realty, consumer electronics, roads & highways, and industrial machinery industries. Major stocks in the screener are Page Industries, ITC, GlaxoSmithKline Pharmaceuticals, Dixon Technologies, Vedanta, GE Vernova T&D India, Premier Energies, and IRB Infrastructure.

Page Industries’ FY25 RoE stands at 51.8%, outperforming the other apparel & accessories industry by 20.5 percentage points. The company also outperformed the 3-year average RoE of 43%. Its 28.1% net profit growth during the year (beating the growth rates in FY23 and FY24) helped with RoE outperformance. Lower raw material and inventory expenses due to reduced inflation drove profitability.

GlaxoSmithKline Pharmaceuticals also features in the screener with an RoE of 47.5% in FY25, outperforming the pharmaceuticals industry by 29.6 percentage points. The company also beat its 3-year average RoE of 38.8%. RoE outperformance was driven by a 56.1% net profit growth, rebounding from declines in FY23 and FY24. Improvement in product mix to products with higher margins, improvement in productivity and lower raw material expenses due to a reduction in inflation drove profitability.

You can find some popular screeners here.

04 Jun 2025

Chart of the Week: Stocks and sectors with the highest dividend yields

By Omkar Chitnis

In volatile markets, dividends offer something rare: predictability. For many investors, they’re a steady source of income amid the noise. While some chase gains from rising stock prices, other investors prefer the comfort of regular income through dividend paying stocks.

Public Sector Undertakings (PSUs) have long been a favourite among investors for this steady return. Backed by the government and known for consistent cash flows, PSUs like Coal India, ONGC, BPCL, and REC often lead the pack when it comes to dividend payouts.

Sectors like Metals & Mining (2.6%), Food & Beverages (2.4%), Oil & Gas (1.7%), and Banking & Finance (0.8%) currently offer the highest dividend yields.

For governments, dividends from public sector companies help fund everything from highways to healthcare. In FY24 alone, the Indian government received a hefty Rs 74,020 crore in dividend income. Now, to boost its non-tax revenue, it’s reportedly nudging Public Sector Undertakings (PSUs) to increase their payouts by nearly 25% by FY26.

The government is also urging private companies to be more generous with dividends. Arunish Chawla, Secretary of the Department of Investment and Public Asset Management, recently said, “We will also nudge private corporations to declare fair dividends for their minority shareholders so that together, we can make our stock market a more inclusive and rewarding space for the common investor.”

As the Q4FY25 earnings season is almost over, companies are announcing both results and corporate actions—bonus issues, stock splits, and dividends. In this edition of Chart of the Week, we will look into sectors and companies with the highest 1-year dividend yield over the past year. Dividend yield shows how much income investors earn from dividends compared to the current stock price.

Lower crude prices boost oil & gas dividends

The Oil and Gas sector is sensitive to crude oil price fluctuations, geopolitical tensions, economic policy shifts, and changes in global demand. Despite this, oil and gas companies maintained stable margins and cost control in the past year.

In FY25, the sector delivered a dividend yield of 1.7%. Leading the pack, Chennai Petroleum Corporation, Castrol India, and Oil and Natural Gas Corporation reported yields of 8.4%, 5.9%, and 5.7%, respectively. However, it is important to note that four of the six companies’ share prices have fallen in the past year.

Bharat Petroleum Corporation's dividend yield increased by 50 basis points to 4.9% in FY25. The company’s margins rose, supported by crude oil prices falling to $60, and the Organization of the Petroleum Exporting Countries (OPEC+) plans to increase output. Both factors boosted profitability and dividends, while its share price remained flat over the past year.

Castrol India holds a 38.7% share in the four-wheeler lubricant market. It raised its dividend from Rs 5.5 in FY20 to Rs 13 in FY25, translating to a 6.6% yield at the current market price. In FY25, net profit rose 7.3%, driven by growth in the automotive lubricants segment and stronger rural demand, and its stock price is up 13% over the past year.

The company distributes 85% of its profits as dividends. Its lubricants business requires low capital investment, and steady demand from automotive and industrial segments allows it to return surplus profit to shareholders.

Chennai Petroleum Corporation, a subsidiary of Indian Oil Corporation, also maintains a strong dividend track record. The company raised its dividend from Rs 2 in FY22 to Rs 55 in FY25, fueled by higher profits.

However, in FY25, its operating margin fell and gross refining margins dropped to 51.2% due to weaker refining margins. Revenue declined 10% and net profit fell 92.2% due to inventory losses and rising debt. These factors contributed to a 29% decline in share price over the past year.

ITC dividend yield rises as it demerges its hotel business

Food, Beverages & Tobacco company ITC announced its highest dividend in five years at Rs 21.8 per share for FY25. Revenue grew 5.7%, driven by growth in the agri-business and tobacco segments. Profit surged 69.8%, mainly due to exceptional income from the demerger of ITC’s hotel business.

Despite this, the company’s share price declined 2.5% over the past year following British American Tobacco’s sale of a 2.5% stake and weak growth in the paperboards and FMCG segments. By FY26, the company expects to generate Rs 2,350 crore in export revenue from nicotine and its derivatives.

In FY25, the company distributed 50.7% of its profit as dividends, driven by strong cash flows, stable profit margins from its tobacco business, and low capital expenditure needs. With limited reinvestment requirements, ITC returns surplus cash to shareholders through dividends.

HCL, Infosys lead dividend rally in the IT sector

The trends appear similar among software and services companies that generate steady cash flow and incur relatively lower capital expenditures. With limited opportunities for reinvestment and expansion compared to other sectors, large-cap firms such as HCL Technologies, Infosys, Tata Consultancy Services, Tech Mahindra, and LTIMindtree prioritise rewarding shareholders through dividends. All three stocks saw share price gains in the past year.

HCL Technologies, the third-largest Information Technology (IT) company by market capitalization, has a dividend yield of 3.6%, and its share price increased by 23.2% over the past year. In FY25, the company paid an interim dividend of Rs 12 per share to mark 25 years of listing in January 2025. The total dividend for the 12 months stood at Rs 60 per share.

The company distributed 95.2% of its net income as dividends, and the total dividend paid increased by 13.3% in FY25, supported by higher profits and strong operating cash flows.

In FY25, Infosys declared its highest dividend in nearly a decade of Rs 71 per share, delivering a dividend yield of 2.7%. This performance was driven by a higher free cash flow of Rs 33,918 crore, up 41.8% YoY, and amid moderate guidance for FY26, its stock has gained 10% over the past year.

Oracle Financial Services Software reported a dividend per share of Rs 265, driven by a 7.2% rise in profit and double-digit revenue growth in its license and cloud segment. Its share price also gained 11.5% over the last year.

Vedanta shifts gears: cuts dividend to fund expansion and reduce debt

The Metals and Mining sector has a dividend yield of 2.6%. Vedanta, Coal India, and NMDC have the highest dividend payouts in this sector, with yields of 7.4%, 6.7%, and 3.9%, respectively. However, all three companies’ share prices have declined in the past year.

Vedanta, India’s only nickel producer,has declared a dividend of Rs 43.5 per share for FY25, down from Rs 50 in FY24. Its share price has declined 3.6% over the year. Analysts at Citi expect the dividend to drop to Rs 34 in FY26, as the company retains cash for the demerger and semiconductor projects.

In FY26, the company plans to reduce its debt by $0.6 billion and invest between $1.5 billion and $1.7 billion in its aluminum, zinc, and oil and gas businesses. Ajay Goel, Vedanta's Group CFO, notes, “We are eyeing a 20% uptick in profitability in FY26, driven by a combination of higher volumes and improved cost efficiencies.”

Coal India accounts for 80% of India’s coal production in FY25 and has a dividend yield of 6.6%, with the company paying out 46% of its profit as dividends. The company’s revenue has grown at a CAGR of 16.2% over the past five years, while net profit rose 8.4%. Coal India plans to develop 36 new coal mining projects to boost production capacity in the next five years.

Over the past year, Coal India faced lower sales volumes and earnings due to weak global coal prices and slower demand from the power sector. These factors pushed its share price down by 20.3%.

National Aluminium Company (NALCO) raised its dividend payout to Rs 10 in FY25, driven by a 164% jump in profit due to higher alumina prices and increased export volumes to Southeast Asia and the Middle East.

However, alumina price volatility and weaker demand from China have squeezed NALCO’s profit margins, causing its share price to drop 4.7% over the past year despite strong earnings growth.

Meanwhile, the banking and financial services sector had an overall dividend yield of 0.8% in FY25. The top dividend payers in this sector are REC, UTI Asset Management Company, and Power Finance Corporation, with yields of 5%, 4%, and 3.9%, respectively.

03 Jun 2025

Five stocks to buy from analysts this week - June 03, 2025

By Omkar Chitnis

1. Narayana Hrudayalaya:

Prabhudas Lilladhar maintains a ‘Buy’ rating on this hospitals player with a target price of Rs 1,950, a 11.3% upside. The company’s management confirmed its focus on expansion over the next 3–4 years. It aims to increase capacity and improve efficiency by adding more specialised, higher-value beds. Narayana Hrudayalaya plans to add around 1,535 beds through a mix of new (greenfield) and existing (brownfield) projects across Bengaluru, Kolkata, and Raipur over the next few years.

The management has guided for a total capex of around Rs 750 crore, with Rs 300 crore allocated for routine maintenance, replacements, and in-facility capacity upgrades, and Rs 450 crore for expansions. In FY25, Narayana Hrudayalaya’s revenue grew 9.3%, supported by higher realisation from bed upgrades (shifting patients from general to private rooms). EBITDA margin improved by 30 bps to 23.3%, but net profit rose just 1.1% for the year.

The company recently launched a retail chemotherapy centre in Gurugram, while its Mumbai facility is close to break-even. Analysts Param Desai and Sanketa Kohale note that both centres are improving and are expected to contribute more significantly in the coming periods.

2. Suzlon Energy:

ICICI Securities maintains a ‘Buy’ rating on this heavy electrical equipment and renewable energy company with a target price of Rs 76, implying an 11.5% upside. In FY25, the company grew its revenue by 66.7% to Rs 6,667 crore, driven by strong execution and higher wind turbine deliveries. Its net profit increased by 214% during the year.

Analysts Mohit Kumar and Abhijeet Singh note that Suzlon reduced its debt from Rs 12,000 crore to a net cash position of Rs 1,300 crore in the last three years. They expect Suzlon, as a market leader in wind turbines, to benefit from the government’s annual tender for 10 GW of wind capacity, along with rising demand from commercial and industrial players.

Management aims to grow order execution (in MW) and revenues by 60% in FY26 and expects the order pipeline to remain robust over the next 18-24 months. Analysts believe Suzlon’s entry into public sector unit (PSU) contracts will support order inflows over the medium term.

As of May 2025, Suzlon’s order book stood at 5.6 GW. The analyst expects this high backlog to give the company clear execution visibility in the coming years. They also see a long-term opportunity in hybrid (solar + wind) energy projects, supported by the company’s robust 4.5 GW annual production capacity for wind turbines.

3. Vinati Organics:

Sharekhan reiterates its ‘Buy’ rating on this speciality chemicals manufacturer with a target price of Rs 2,100, indicating a 14.3% upside. The company is expanding its production capacity for ATBS (Acrylamido tertiary-butyl sulfonic acid) from about 40,000 MT to 60,000 MT to meet growing demand. The upcoming 20,000 MT capacity is already oversold. Vinati Organics’ market share in ATBS stayed steady at 60–65% in FY25. The first phase of the capacity expansion, which adds 25–30%, is expected to be operational by June.

The company’s revenue grew 18.2% to Rs 2,292 crore in FY25, while net profit rose 25.5% during the year. Antioxidants segment revenue stood at Rs 210 crore, marking a strong 70% growth over FY24. Currently, only 50% of the antioxidant capacity is being utilised, which the company expects to ramp up to 90% over the next two years.

Vinati Organics spent Rs 400 crore on capex in FY25, including investments in its Vinati Organics Private (VOPL) unit, and has planned a capex of Rs 360 crore for FY26.

Analysts are upbeat about the company's leadership in products like Isobutyl Benzene (IBB) and ATBS, expecting revenue and net profit to grow by 20.6% and 21.2%, respectively, over FY25–26. The management has also guided for 20% revenue growth over the next three years, with EBITDA margins of 26–27%.

4. JK Lakshmi Cement:

Axis Direct maintains a ‘Buy’ rating on the cement company with a target price of Rs 940, a 15.6% upside. Analysts Uttam Kumar Srimal and Shikha Doshi note that in Q4FY25, the company reported a 6% YoY revenue growth to Rs 1,739 crore, driven by higher pricing per tonne, but net profit declined 3% due to increased fuel and freight costs.

Management plans to add 4.6 million tonnes per annum (MTPA) of cement grinding capacity and 2.3 MTPA of clinker capacity through a Rs 2,500 crore investment, with commissioning expected between FY26 and FY28. Additionally, they are setting up a 1.3 MTPA grinding unit in Surat. Analysts Shrimal and Doshi expect these initiatives will help JK Lakshmi Cement increase its market share.

Shrimal and Doshi write that the management plans to reduce costs by Rs 100-120 per tonne by increasing the share of blended cement and boosting premium product contributions. The analysts expect these initiatives to drive better pricing and volume growth, with EBITDA per tonne reaching Rs 1,100 by FY27.

For FY25, the company's revenue declined 6.7% and net profit fell by 38.1% due to lower pricing per tonne and higher fuel costs in Q1 and Q2. The company plans to invest Rs 1,100 crore in FY26 for developing a waste heat recovery system and upgrading its plants. Analysts expect volume and revenue to grow at a CAGR of 10% and 15%, respectively, over FY26–FY27.

5. Britannia Industries:

Geojit BNP Paribas reiterates its ‘Buy’ rating on this packaged foods company with a target price of Rs 6,030, an 8.2% upside. In Q4FY25, the company's revenue rose 9% YoY to Rs. 4,376 crore, driven by higher pricing and increased sales. Net profit grew 4.2% to Rs 559 crore, driven by improved supply chain operations and controlled overhead expenses.

The company expanded outlet coverage to 28.7 lakh and increased its rural distributor base to 31,000 in Q4FY25. Analyst Vincent KA writes that e-commerce and quick-commerce sales grew 7.5 times compared to other channels and notes that due to a wider distribution network and tight cost control, the company maintained stable EBITDA margins at 18.7% despite high input inflation.

For FY25, its revenue grew 6% and net profit rose 2.8%, driven by higher pricing and rural expansion. Vincent notes that Britannia posted strong double-digit growth in cakes, croissants, and wafers after relaunching these products with new recipes, packaging and graphics.

Note: These recommendations are from various analysts and are not recommendations by Trendlyne.

(You can find all analyst picks here)

03 Jun 2025

Market closes lower, Adani Ports' cargo volumes rise 17% YoY in May

Nifty 50 closed at 24,542.50 (-174.1, -0.7%), BSE Sensex closed at 80,737.51 (-636.2, -0.8%) while the broader Nifty 500 closed at 22,711.30 (-123.2, -0.5%). Market breadth is in the red. Of the 2,454 stocks traded today, 999 were on the uptick, and 1,423 were down.

Indian indices closed lower after paring gains in the morning session. The Indian volatility index, Nifty VIX, fell 3.5% and closed at 16.6 points. Waaree Renewable closed higher as it secured an engineering, procurement, and construction (EPC) order worth Rs 346.3 crore to develop a 300 MW AC / 435 MW DC solar power project.

Nifty Smallcap 100 closed flat, while Nifty Midcap 100 closed lower. BSE Power and Nifty Private Bank were among the worst-performing indices of the day. According to Trendlyne’s sector dashboard, Fertilizers emerged as the best-performing sector of the day, with a rise of 7.1%.

European indices are trading in the red, except Germany’s DAX and Portugal’s PSI indices, which are trading flat. Major Asian indices closed mixed. US index futures are trading lower, indicating a cautious start to the session as investors await US employment figures later this week.

Relative strength index (RSI) indicates that stocks like Pfizer, Central Depository Services India, Intellect Design Arena, and Jubilant Pharmova are in the overbought zone.
Texmaco Rail & Engineering receives an order worth Rs 122.3 crore from Mumbai Railway Vikas Corporation (MRVC). The order is for the design, supply, construction, installation, testing, and commissioning of traction transformers and related works for Western Railway.
Sansera Engineering is rising as it secures a Rs 160 crore contract from Airbus Defence and Space to manufacture and support airborne intensive care transport modules (ICTM). The ICTM enables critical care patient transport on light and medium aircraft.
IDBI Capital maintains its 'Buy' call on Lemon Tree Hotels with a higher target price of Rs 177 per share. This indicates a potential upside of 27%. The brokerage remains positive on the stock due to the management’s positive outlook on inventory expansion and ongoing balance sheet strengthening through debt repayment. It expects the company's revenue to grow at a CAGR of 14.7% over FY26-27.
Shailesh Chaturvedi, MD & CEO of Arvind Fashions, says the company added 120 stores and closed around 70 in FY25, along with retail inventory "clean-up" involving higher discounts, which led to weak margins. Despite the closures, the company plans to expand its retail footprint by 1.5 lakh sq ft through large-format stores for key brands like US Polo Association and Calvin Klein.
Despite closing down 70 stores during the financial year 2025, Arvind Fashions Ltd plans to expand its retail footprint by 1.5 lakh square feet through large-format stores focused on its brands.

Read more here: https://t.co/xRi9xrLDd3
— businessline (@businessline) June 3, 2025
Reliance Infrastructure falls as the Mumbai bench of National Company Law Tribunal (NCLT) puts it under the corporate insolvency resolution process. Reliance Infra clarifies it has fully paid Rs 92.7 crore to Dhursar Solar and will appeal to National Company Law Appellate Tribunal (NCLAT), seeking withdrawal of the order.
Union Bank of India is falling as its Chief Executive Officer (CEO) and Managing Director (MD), A. Manimekhalai, steps down effective June 3.
Man Industries' board of directors approves raising Rs 300 crore through a preferential issue of equity shares and convertible warrants. The company will issue 79.3 lakh equity shares worth Rs 260 crore and 12.2 lakh convertible warrants worth Rs 40 crore at an issue price of Rs 328 each.
Ridham Desai, Managing Director at Morgan Stanley suggests that India is unlikely to face significant impact from US tariffs, as its trade with the US constitutes only about 2% of its GDP. This relatively low trade exposure could shield India from adverse effects compared to other economies with higher US trade dependencies. However, specific tariff policies and their broader implications could still influence investor sentiment or supply chains.
Market & Macros | "India is not likely to be impacted by tariffs, India's trade with US is at 2% of GDP," says Ridham Desai of Morgan Stanley

Watch the full interview - https://t.co/D2X6J2VmFM @nikunjdalmia @MorganStanley #TrumpTariffs pic.twitter.com/ukwFUpIDqy
— ET NOW (@ETNOWlive) June 3, 2025
Adani Ports and Special Economic Zone handles 41.8 million metric tonnes (MMT) of cargo in May, driven by a 22% YoY rise in container volumes and a 17% increase in dry cargo. Its logistics rail volume grows 13% YoY during the month.
Zinka Logistics Solutions is rising as 1.6 crore shares (9.2% stake) worth approximately Rs 692 crore reportedly change hands in a block deal at an average price of Rs 423 per share. Quickroutes International is likely the seller in this transaction.
Larsen & Toubro’s water and effluent treatment (WET) unit receives a significant order worth Rs 1,000–2,500 crore from the Public Health Engineering Department of Rajasthan. The work involves developing 5,251 km of transmission and distribution water pipelines.
UBS raises India’s FY26 GDP growth forecast to 6.4% from 6%, citing resilient economic momentum and a strong March 2025 quarter. Tanvee Gupta Jain, the Chief India Economist, attributes the upgrade to robust domestic demand, easing global trade tensions, and lower crude oil prices.
UBS raises India's FY26 GDP forecast to 6.4% on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices#UBS #FY26 #GDP #GDPForecast #Q4Results #UBSIndia #IndiaGDP | @VMukherjee7 https://t.co/83HNgB1B9X
— Business Standard (@bsindia) June 3, 2025
Aptus Value Housing falls as 6.7 crore shares (13.4% stake) worth approximately Rs 2,063 crore reportedly change hands in a block deal at an average price of Rs 307 per share.
Morgan Stanley initiates coverage on Swiggy with an 'Overweight' rating and sets a target price of Rs 405. The brokerage projects Swiggy’s quick-commerce total addressable market (TAM) to reach $57 billion by 2030 and expects the company to improve its food delivery margins through better execution.
Prostarm Info Systems’ shares debut on the bourses at a 14.3% premium to the issue price of Rs 105. The Rs 168 crore IPO received bids for 97.2 times the total shares on offer.
Vipul Mathur, Managing Director & CEO of Welspun Corp, highlights the company’s current order book at Rs 19,500 crore, with no impact so far from US tariffs. He notes that domestic steel availability in the US limits the effect of import duties. Mathur highlights that the Longitudinal Submerged Arc Welding (LSAW) segment is highly remunerative, offering 12–15% EBITDA margins and potential revenue of Rs 3,000 crore.
#OnCNBCTV18 | Current order book ?19,500 cr & there is no order so far applicable impacted by US tariff

Largely there is domestic steel available in US so no impact of importing steel in the US. LSaw is high remunerative market and 12-15% EBITDA is possible

Vipul Mathur,… pic.twitter.com/FJrps3XBY1
— CNBC-TV18 (@CNBCTV18Live) June 3, 2025
Waaree Renewable is rising as it secures an engineering, procurement, and construction (EPC) order worth Rs 346.3 crore to develop a 300 MW AC / 435 MW DC solar power project.
Adani Enterprises falls as reports emerge alleging that US prosecutors are investigating Adani entities for importing Iranian liquified petroleum gas (LPG) into India through the Mundra Port. However, the company responds to the reports, denying any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG.
Ola Electric Mobility falls as 14.2 crore shares (3.2% stake) worth approximately Rs 731 crore reportedly change hands in a block deal at an average price of Rs 51.4 per share. Hyundai Motor is likely the seller in this transaction.
JP Morgan upgrades United Spirits to 'Overweight' with a higher target price of Rs 1,760. The brokerage cites regulatory tailwinds such as reopening in Andhra Pradesh, expanded retail reach in UP, improved excise policy in MP, and retail privatization in Jharkhand. It also raises FY26/27 EBITDA estimates by 3%/7% on better margins and growth in the Prestige & Above segment.
#BrokerageRadar | JP Morgan on United Spirits: Upgrades to Overweight, target price ?1,760 (from ?1,415); Higher margin visibility, regulatory tailwinds drive earnings upgrade@jpmorgan pic.twitter.com/24vNdtU7ri
— ET NOW (@ETNOWlive) June 3, 2025
Yes Bank falls as 9.4 crore shares worth approximately Rs 2,022 crore reportedly change hands in a block deal at an average price of Rs 21.5 per share.
Maruti Suzuki India's wholesales increase 1.4% YoY to 2 lakh units in May, helped by an 11.4% YoY growth in utility vehicle sales.
Biocon is rising as it receives approval from CDSCO in India for its Liraglutide drug substance, while its subsidiary Biocon Pharma gets clearance for the 6 mg/ml injection. This is the generic version of Victoza, used to treat Type 2 diabetes in adults and children aged 10 and above.
Transrail Lighting is rising as its transmission & distribution (T&D) segment secures new orders worth Rs 534 crore across domestic and international markets.
Nifty 50 was trading at 24,680.70 (-35.9, -0.2%), BSE Sensex was trading at 81,492.50 (118.8, 0.2%) while the broader Nifty 500 was trading at 22,836.30 (1.8, 0.0%).
Market breadth is overwhelmingly positive. Of the 1,982 stocks traded today, 1,320 were gainers and 595 were losers.

Riding High:

Largecap and midcap gainers today include Hindustan Zinc Ltd. (468.75, 3.4%), Jindal Stainless Ltd. (663.90, 3.2%) and Prestige Estates Projects Ltd. (1,584.60, 2.9%).

Downers:

Largecap and midcap losers today include YES Bank Ltd. (20.86, -10.4%), Suzlon Energy Ltd. (68.15, -4.3%) and Indian Overseas Bank (40.55, -3.6%).

Crowd Puller Stocks

19 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included India Cements Ltd. (351.70, 6.7%), Rashtriya Chemicals & Fertilizers Ltd. (160.32, 6.7%) and Cochin Shipyard Ltd. (2,034.70, 5.8%).

Top high volume losers on BSE were YES Bank Ltd. (20.86, -10.4%), Aptus Value Housing Finance India Ltd. (307, -8.8%) and Ingersoll-Rand (India) Ltd. (3,800, -3.6%).

Finolex Cables Ltd. (962.65, 0.3%) was trading at 10.6 times of weekly average. Gujarat State Fertilizer & Chemicals Ltd. (208.42, 4.1%) and KIOCL Ltd. (315.10, 5.6%) were trading with volumes 8.7 and 8.2 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

10 stocks made 52 week highs,

Stocks touching their year highs included - City Union Bank Ltd. (202.28, 1.8%), Deepak Fertilisers & Petrochemicals Corporation Ltd. (1,540.10, 4.1%) and Indian Bank (632.40, -2.1%).

22 stocks climbed above their 200 day SMA including India Cements Ltd. (351.70, 6.7%) and Rashtriya Chemicals & Fertilizers Ltd. (160.32, 6.7%). 16 stocks slipped below their 200 SMA including Aptus Value Housing Finance India Ltd. (307, -8.8%) and ICICI Prudential Life Insurance Company Ltd. (640.90, -3.5%).

02 Jun 2025

Market closes flat, Inox Wind's Q4 revenue rises 132.8% YoY to Rs 1,310.7 crore

Nifty 50 closed at 24,716.60 (-34.1, -0.1%), BSE Sensex closed at 81,373.75 (-77.3, -0.1%) while the broader Nifty 500 closed at 22,834.50 (32.6, 0.1%). Market breadth is neutral. Of the 2,486 stocks traded today, 1,246 were gainers and 1,200 were losers.

Indian indices closed flat ahead of the Reserve Bank of India’s Monetary Policy Committee meeting. The central bank is expected to cut rates by 25 bps on June 6. The Indian volatility index, Nifty VIX, rose 6.7% and closed at around 17.2 points. The Leela Hotels operator, Schloss Bangalore’s shares made their debut on the bourses at a 6.7% discount to the issue price of Rs 435. The Rs 3,500 crore IPO received bids for 4.5 times the total shares on offer.

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green. Nifty Realty and Nifty PSU Bank closed higher. According to Trendlyne’s sector dashboard, Telecommunications Equipment emerged as the worst-performing sector of the day, with a fall of 1.3%.

European indices are trading mixed. Major Asian indices closed mixed. US index futures are trading lower, indicating a negative start to the session, as renewed tensions with China raised trade war concerns. China called Trump’s claims that Beijing broke the Geneva trade deal “groundless” and vowed strong countermeasures to protect its interests. Meanwhile, Brent crude futures are trading higher after OPEC+ announced plans to increase production by 411,000 barrels per day in July.

Money flow index (MFI) indicates that stocks like Pfizer, Jubilant Pharmova, MMTC, and Engineers India are in the overbought zone.
Titagarh Rail Systems is rising as its revenue beats Forecaster estimates by 6.3% despite falling 4.5% YoY to Rs 1,005.6 crore in Q4FY25 due to lower sales from the freight and passenger rail systems segments. Net profit decreases 18.4% YoY to Rs 64.5 crore due to higher finance costs and employee benefit expenses during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.
Maruti Suzuki India's wholesales increase 3.2% YoY to 1.8 lakh units in May, helped by a 79.8% growth in exports. Commercial vehicle sales increase 1.3% YoY, while passenger vehicle sales are down 5.6%.
Inox Wind falls sharply as its Q4FY25 revenue misses Forecaster estimates by 6.5% despite jumping 132.8% YoY to Rs 1,310.7 crore, owing to improvements in order execution. Net profit surges 4.1x YoY to Rs 190.3 crore, led by lower finance costs and inventory destocking. The company's Chief Executive Officer, Kailash Lal Tarachandani, tenders his resignation, effective June 1.
The Nifty Metal index falls after US President Trump announces a hike in steel import duty to 50% starting June 4. Exporters, who earlier reported a $5 billion impact from similar tariff hikes, raised concerns with India’s Commerce Ministry.
Hindustan Zinc, Vedanta, Tata Steel plunge as much as 4%: Here’s why https://t.co/YEv92pGkan
— Financial Express (@FinancialXpress) June 2, 2025
Escorts Kubota is rising as its total wholesales grow 0.7% YoY to 10,354 units in May. Exports surge 71.3% to 651 units, while domestic wholesales decline by 2% to 9,703 units.
Ahluwalia Contracts (India) falls as its Q4FY25 net profit declines 58.3% YoY to Rs 83.3 crore due to higher construction, sub-contracting, and employee benefits expenses. However, revenue grows 4.9% YoY to Rs 1,233.9 crore, driven by an improvement in the contract work segment. It appears in a screener of stocks with a major fall in trailing twelve-month (TTM) net profits.
Healthcare Global Enterprises' Chief Executive Officer (CEO), Meghraj Arvindrao Gore, tenders his resignation, effective June 30. The board appoints Manish Mattoo as the new CEO.
May auto sales show a mixed trend, with strong exports and SUV demand offsetting weak urban passenger car growth. TVS reports a 17% YoY increase, selling 4.3 lakh units, including a 50% jump in electric two-wheeler sales to 27,976 units. Mahindra's wholesales also grow 17% to 84,110 units, driven by SUV strength. Meanwhile, Maruti reports a 5.6% YoY decline in domestic PV sales. OEMs continue to boost exports and focus on utility vehicles to sustain growth.
#India | May auto sales saw muted passenger car demand, export and EVs clock faster growth????

More details ????https://t.co/05piUazXd3 #EV #Auto #Sales #Export #Demand #Growth
— Moneycontrol (@moneycontrolcom) June 2, 2025
Mahindra & Mahindra rises as its wholesales increase 17% YoY to 84,110 units in May, driven by strong demand for its SUV lineup. Passenger vehicle sales rise 21% YoY, while exports jumps 37% during the month.
Mphasis falls as FedEx reportedly plans to end its agreement with the company by the end of this year. It accounted for 8% of overall revenue in FY24.
Aegis Vopak Terminals' shares debut on the bourses at a 6.4% discount to the issue price of Rs 235. The Rs 2,800 crore IPO received bids for 2.1 times the total shares on offer.
PSU bank stocks like Union Bank and Bank of India are rising on expectations of a rate cut by the Reserve Bank of India (RBI) at its upcoming Monetary Policy Committee (MPC) review later this week. Strong GDP figures also support the rally, boosting hopes of robust credit demand.
PSU bank shares rise up to 6% on rate cut hopes, Q4 GDP; BoM, Union Bank, IOB lead gains

Read more on????https://t.co/VM2W3DCZZb #PSUBanks #Shares #UnionBanks pic.twitter.com/XVv3d0MMym
— Moneycontrol (@moneycontrolcom) June 2, 2025
Schloss Bangalore’s shares debut on the bourses at a 6.7% discount to the issue price of Rs 435. The Rs 3,500 crore IPO received bids for 4.5 times the total shares on offer.
Adani Energy Solutions secures an order worth approximately Rs 1,660 crore in Maharashtra to develop inter-state transmission and establish 3,000 Mega Volt-Amperes (MVA) of substations.
Zydus Lifesciences receives tentative approval from the US FDA for its Rifaximin tablets, used to treat irritable bowel syndrome in adults. According to IQVIA, the drug had a market size of $2.6 billion as of March 2025.
A poll of economists anticipates that the Reserve Bank of India's monetary policy committee will cut the repo rate by 25 basis points to 5.75% amid easing inflation and economic growth concerns. Nine out of ten anticipate a 25 bps reduction, while SBI calls for a steeper 50 bps cut.
The #RBI’s six-member #monetarypolicy committee is expected to cut the #reporate by 25 bps to 5.75%, nine of the 10 respondents said in a Business Standard poll.https://t.co/rfNRP5pZo8 pic.twitter.com/8dj8NcUK5q
— Business Standard (@bsindia) June 2, 2025
Godrej Properties acquires a 14-acre land parcel in Pune for a residential project. The project has a gross development value (GDV) of around Rs 4,200 crore.
FSN E-Commerce (Nykaa) is falling as its Q4FY25 net profit misses Forecaster estimates by 0.5% despite surging 2.9x YoY to Rs 20.3 crore. Revenue jumps 23.6% YoY to Rs 2,070.7 crore, driven by improvements in the beauty and fashion segments. It shows up in a screener of stocks with an increasing trend in non-core income.
Niva Bupa Health Insurance falls as 56 lakh shares worth approximately Rs 1,082 crore reportedly change hands in a block deal at an average price of Rs 82 per share. Fettle Tone and CEO Krishnan Ramchandra are likely the sellers in the transaction.
India's Q4FY25 GDP at 7.4% beats expectations of 6.9%, driven by higher government capex. However, gross value added (GVA) rises by a slower 6.8%, indicating softer underlying momentum. GDP growth stood at 6.5% in FY25, the lowest in four years, with economists forecasting a further slowdown to 6.3% due to US tariff-related trade disruptions and weaker global growth.
#MintPlainFacts | ???? India’s Q4 GDP growth at 7.4% beat expectations (6.9%), but GVA rose slower at 6.8%, hinting at softer economic momentum. A sharp drop in subsidies gave GDP an edge. Still, GVA growth was highest in a year.

In Charts ????https://t.co/5TeeJozva2

Trust our… pic.twitter.com/iTRfQuiv4d
— Mint (@livemint) June 2, 2025
Apollo Hospitals Enterprise is rising as its Q4FY25 net profit jumps 53.5% YoY to Rs 389.6 crore, owing to inventory destocking and deferred tax returns. Revenue grows 13.7% YoY to Rs 5,653.3 crore, driven by improvements in the healthcare services, retail health & diagnostics, and digital health & pharmacy distribution segments. The company acquires a 200-bed hospital and an adjacent 2.5-acre land parcel to set up a 700-bed hospital in Sarjapur, Bangalore, with an investment of Rs 1,229 crore.
Solar Industries India is rising as it receives orders worth Rs 402 crore from Coal India to supply cartridge explosives and accessories.
Ircon International is rising as it receives an order worth Rs 1,068.4 crore from East Central Railway for an engineering, procurement and construction project. The work involves building a new broad-gauge rail bridge over the River Ganga between Bikramshila and Katareah stations. The project includes a double-line base and a single-line track using steel structures.
Vodafone Idea's Q4FY25 net loss contracts 6.6% YoY to Rs 7,166.1 crore, helped by lower networking & IT outsourcing and depreciation & amortisation expenses. Revenue grows 5.5% YoY to Rs 11,228.3 crore during the quarter. The company's board of directors approves raising Rs 20,000 crore by issuing equity or other securities.
Nifty 50 was trading at 24,568.55 (-182.2, -0.7%), BSE Sensex was trading at 81,214.42 (-236.6, -0.3%) while the broader Nifty 500 was trading at 22,688.90 (-113.1, -0.5%).
Market breadth is in the red. Of the 2,092 stocks traded today, 728 showed gains, and 1,304 showed losses.

Riding High:

Largecap and midcap gainers today include YES Bank Ltd. (23.28, 8.4%), Indian Overseas Bank (42.06, 5.6%) and Prestige Estates Projects Ltd. (1,539.60, 5.0%).

Downers:

Largecap and midcap losers today include FSN E-Commerce Ventures Ltd. (194.55, -4.3%), Mazagon Dock Shipbuilders Ltd. (3,384.50, -2.7%) and MphasiS Ltd. (2,491.10, -2.7%).

Movers and Shakers

28 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included AstraZeneca Pharma India Ltd. (9,336.50, 17.1%), YES Bank Ltd. (23.28, 8.4%) and Sterling and Wilson Renewable Energy Ltd. (305.50, 8.2%).

Top high volume losers on BSE were Inox Wind Ltd. (185.37, -4.9%), MphasiS Ltd. (2,491.10, -2.7%) and Metropolis Healthcare Ltd. (1,665, -0.9%).

Capri Global Capital Ltd. (152.01, 0.2%) was trading at 9.3 times of weekly average. Indian Overseas Bank (42.06, 5.6%) and Kama Holdings Ltd. (2,655, -0.8%) were trading with volumes 7.8 and 7.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

10 stocks hit their 52 week highs, while 1 stock hit their 52 week lows.

Stocks touching their year highs included - CCL Products India Ltd. (889.85, 0.6%), City Union Bank Ltd. (198.64, 1.5%) and Indian Bank (646.25, 4.8%).

Stock making new 52 weeks lows included - Aditya Birla Fashion and Retail Ltd. (87.56, 2.0%).

21 stocks climbed above their 200 day SMA including Brigade Enterprises Ltd. (1,176.30, 7.5%) and Sun Pharma Advanced Research Company Ltd. (198.54, 7.2%). 19 stocks slipped below their 200 SMA including Inox Wind Ltd. (185.37, -4.9%) and Alembic Pharmaceuticals Ltd. (996, -2.2%).

30 May 2025

Five Interesting Stocks Today - May 30, 2025

1. TBO Tek:

This online travel platform rose 8.8% in the past week following the announcement of its Q4FY25 and FY25 results. In Q4, the company’s revenue grew by 20.9% YoY to around Rs 450 crore, driven mainly by an improvement in its commission margin. Gross Transaction Value (GTV) rose 3.7%, though growth was slightly impacted by Ramadan-related seasonality in March 2025. Net profit increased 26% YoY during the quarter.

TBO Tek is a business-to-agent travel platform connecting global travel agents and operators with suppliers, offering hotels, flights, and ancillary services like transfers, sightseeing, and car rentals. For FY25, the company’s revenue rose 24.7%, while overall GTV grew 16.2%. EBITDA margin for the year declined by 105 bps to 17.5%, mainly due to higher other expenses from the addition of 60 sales employees.

TBO Tek’s hotel and ancillary services segment now contributes 79% of total revenue, up from 73% in FY24, while the airline business share has dropped from 25% to 19%. This shift indicates a move toward higher-margin segments but comes with the challenge of managing a larger, more complex supplier base.

In FY25, the company’s international GTV grew 43%, with Europe as its largest source market, contributing 36% of hotel GMV. The Middle East, Africa, and American markets also saw strong growth. Co-founder and Joint MD Gaurav Bhatnagar said, “We expanded into 15 new countries this year and plan to enter 20 more in FY26. Despite global uncertainties, we’re optimistic about the year ahead, as our growth comes from entering new markets and serving small, previously underserved travel agents.” To support this momentum, TBO plans to add over 100 global salespeople in Q1FY26.

The company also plans to cross-sell hotels to its large base of air-ticketing agents. Currently, only 37% of airline agents also book hotels or other services. Bhatnagar sees this as a major opportunity to grow sales in FY26. The goal is to boost revenue per agent by bundling hotel stays with other services.

Post results, Anand Rathi has given TBO a ‘Buy’ rating, expecting growth to pick up from Q1FY26 due to last year’s low base affected by Ramadan. However, they foresee short-term margin pressures as the company invests in expanding its sales team across new markets. They expect its revenue and net profit to grow by 23.3% each in FY26-27.

2. Devyani International:

This restaurants chain has fallen by 7% over the past week after announcing its Q4 and FY25 results on May 23. Devyani International’s net loss widened to Rs 14.7 crore from Rs 7.4 crore YoY, mainly due to higher employee costs and rising food ingredient prices, like cheese and palm oil. Devyani features in a screener of companies with declining profits every quarter for the past three quarters.

During the quarter, revenue was up 15.8% YoY to Rs 1,212.6 crore, but missed Forecaster estimates by 2.5%. The management said that demand stayed weak through Q4, but remains optimistic that recent tax relief will boost consumption. To tap this, they’re expanding their store network and focusing on food courts and high-traffic spots like airports. Manish Dawar, the CFO, said, “We’re planning to offer better deals and discounts across all our brands starting this quarter to attract more customers. Past pricing and promotions weren’t as competitive and hurt sales. By focusing on value-driven offerings, we aim to improve footfall and boost sales.”

For FY25, Devyani’s revenue increased 39.2% YoY to Rs 4,951.1 crore, driven by store additions. The company’s total stores reached 2,039 across geographies, including India, Nigeria, Nepal, and Thailand. EBITDA margins stood at 17%.

Among major brands that Devyani operates, KFC reported a decline in same-store sales growth (SSSG), down 6.1%, mainly due to an outbreak of bird flu in Andhra Pradesh and Telangana. However, sales are reportedly picking up in these regions. During the quarter, Pizza Hut's same-store sales grew 1% amid a weak demand environment.

Meanwhile, in April, the company entered the high-growth Indian cuisine market by acquiring an 80.7% stake in Sky Gate Hospitality, which houses brands like Biryani By Kilo, Goila Butter Chicken, and The Bhojan, with 100+ stores in more than 40 cities.

Citi has maintained its ‘Buy’ stance on Devyani International with a Rs 209 target price. The brokerage notes the company’s strong store economics and presence across cuisines. It believes Devyani is well-positioned to capitalise on the structural tailwinds of increasing eating out/ordering-in frequency, urbanisation, and shift from unorganised players. It’s worth keeping in mind however, that Devyani is cutting prices to draw customers in a highly competitive space, and the Indian cuisine market is similarly cut-throat.

3. JK Cement:

This cement company surged 8% over the past week after announcing its results. The firm reported a 3% revenue growth and a 9% net profit growth in FY25. Both revenue and net profit beat Forecaster estimates by a wide margin. The company appears in a screener of stocks where FIIs raised their stake in the last quarter.

JK Cement gets 89% of its revenue from grey cement, while the remaining comes from white cement and allied products. Despite a slowdown in government spending during the first half of FY25 due to elections, the company managed to post 5% volume growth for the year. Volumes ramped up in Q3 and saw strong traction in Q4, supported by capacity additions and robust rural demand. Looking ahead, management expects a 10% increase in volume for FY26, partly from new plant commissions, outpacing the industry’s estimated 7–8%.

The company reported an EBITDA margin of 17.1% in FY25 and aims to improve it to 19-20% over the next two years through cost optimisation and better pricing. On pricing trends, Deputy Managing Director and CFO Ajay Kumar Saraogi said, “Post March, prices have increased by around 1% in North and Central India, and 5–7% in the South.” The firm achieved Rs 75/tonne in cost savings this year, primarily from logistics and energy, against a two-year target of Rs 150–200/tonne.

On the capex front, JK Cement continues to invest aggressively in expansion. Saraogi said, “We are doing a brownfield expansion at Panna (in Madhya Pradesh) and a greenfield grinding unit in Bihar of 6 million tons. We aim to complete it by December or January.” He added that FY26 capex is expected to remain in a similar range to this year's, which is Rs 1,800 crore to Rs 2,000 crore.

Motilal Oswal maintains its ‘Buy’ rating on JK Cement, citing consistent capacity additions, strong volume growth, and a clear cost-saving roadmap. The brokerage expects the firm to post a revenue and net profit CAGR of 15% and 31%, respectively, over FY26-27.

4. UNO Minda:

This auto parts manufacturer rose 3% on May 22 after announcing its Q4FY25 results. Its revenue grew 19.3% YoY to Rs 4,536 crore, beating the Forecaster estimates by 2%. However, its net profit fell 7.9% YoY to 266.2 crore due to a one-time exceptional income of Rs 20 crore in the previous quarter.

Strong demand across key segments drove revenue growth, supported by volume gains in two-wheeler and passenger vehicles, ramp-up at new EV joint ventures, and contributions from recent acquisitions like Uno Minda Onkyo and Westport. Switching and lighting, which make up nearly half of total revenue, grew 19% and 5% respectively. Growth in switching was led by premiumisation and higher-value parts.

Uno Minda’s FY25 revenue rose 19.5% to Rs 16,803.9 crore, driven by growth across key segments, its EV portfolio expansion, and order wins across product segments. Net profit grew 7% to Rs 943 crore, but margins declined due to higher costs from new project ramp-ups and increased employee and R&D expenses. The company targets revenue growth of 1.5 to 2 times the industry average in FY26, from new product launches, original equipment manufacturer order wins, and capacity expansions across lighting, sunroofs, and alloy wheels.

Sunil Bohra, Group CFO of the company, said, “In FY26, we plan to incur a total capital expenditure of approximately Rs 1,300 crore comprising around Rs 500 crore in sustaining capex and around Rs 800 crore in growth-oriented capex.” Additionally, they plan to spend Rs 250 crore on land and Rs 200 crore to acquire the remaining 49.9% stake in its joint-venture with FRIWO, making it a wholly owned subsidiary.

The growth capex will support expansion across key areas. This includes increasing alloy wheel capacity in Supa and Bawal, setting up new facilities for EV components, 4W switches, traction motors (in partnership with Buehler Motor), airbags, and lighting systems in Pune and Kharkhoda. The company is also investing in a sunroof unit in Bawal and expanding operations in Indonesia and Hosur.

Post results, Aditya Birla Capital assigned a ‘Buy’ rating and raised the price target to Rs 1,165 from Rs 1,010. It expects the company’s revenue, EBITDA, and net profit to grow at a CAGR of 19%, 21%, and 25%, respectively, over FY25-28.

5. Doms Industries:

This commodity printing & stationary company declined 4.2% over the past week after announcing its results. The firm reported a 25.4% growth in revenue with net profit growth of 7.2% in Q4FY25. It missed the Trendlyne forecaster’s net profit estimate by 3.4% due to flat growth in its core stationary business and increased amortization expenses related to its newly acquired brand, ‘Uniclan’. The company appears in a screener of stocks where mutual funds have raised their stake in the past month.

In September 2024 the company acquired a 51.7% stake in ‘Uniclan Healthcare’ for Rs 54.8 crore to enter into the baby hygiene segment. For Q4 the hygiene segment of the company contributed 9.4% of the net sales and revenue of Rs 48.1 crore. However, with the acquisition of ‘Uniclan’, the working capital days increased for the company. Rahul Shah, CFO of the company, said, “Working capital is currently around 60 days due to increased debtors from rising market demand and the Uniclan acquisition. We anticipate this will drop to 55 days with operational growth and full Uniclan integration.”

The company’s management highlighted that it plans to invest around Rs 250 crore for the expansion of the Umbergaon plant. It notes that the construction has started and its first building is expected to be ready by Q3FY26. Mr. Shah, speaking on the future guidance added, “ In terms of core business, including now Uniclan, we're expecting close to 18% to 20% revenue growth in FY26 and we'd like to be always a little conservative. I think once we increase our capacity for pencils from 5.5 million to 8 million, we are optimistic that we'll be able to achieve that growth in sales.”

Prabhudas Liladhar has maintained a ‘Buy’ rating on DOMS, but has reduced its FY26 & FY27 EPS estimates by 12% & 7%, respectively as it re-aligned its top-line assumptions amid signs of growth fatigue in the core stationary business. The brokerage believes that phased expansion in capacities for pens, pencils, mathematical boxes, and paper stationary products will drive growth in the interim. It has maintained the target price of Rs 3,087.

Trendlyne's analysts identify stocks that are seeing interesting price movements, analyst calls, or new developments. These are not buy recommendations.

30 May 2025

Market closes lower, Lemon Tree Hotels' Q4 net profit beats Forecaster estimates by 13.5%

Nifty 50 closed at 24,750.70 (-82.9, -0.3%), BSE Sensex closed at 81,451.01 (-182.0, -0.2%) while the broader Nifty 500 closed at 22,801.95 (-59.4, -0.3%). Market breadth is in the red. Of the 2,432 stocks traded today, 1,059 showed gains, and 1,338 showed losses.

Indian indices closed in the red amid global concerns over US tariffs, as a US federal appeals court temporarily reinstated the "Liberation Day" tariffs. The Indian volatility index, Nifty VIX, declined 2.1% and closed at 16.1 points. Muthoot Finance closed 7.3% higher as the government directed the Reserve Bank of India (RBI) to delay the implementation of new gold loan norms until January 2026 to protect small borrowers.

Nifty Midcap 100 & Nifty Smallcap 100 closed flat. Nifty PSU Bank & Nifty Midcap Liquid 15 were among the top index gainers today. According to Trendlyne’s Sector dashboard, Banking and Finance emerged as the best-performing sector of the day, with a rise of 0.6%.

Asian indices closed in the red, while European indices are trading in the green. US index futures traded in the red, indicating a cautious start to the trading session. Nvidia closed 3.3% higher after posting Q1 revenue of $44.1 billion, beating estimates of $43.3 billion. However, data center revenue came in slightly below expectations at $39.1 billion versus $39.2 billion. The company also warned of an $8 billion revenue hit in Q2 due to export restrictions on its H20 chips to China.

Relative strength index (RSI) indicates that stocks like Pfizer, GE Vernova T&D India, IFCI, and MMTC are in the overbought zone.
Lemon Tree Hotels' Q4FY25 net profit grows 26.4% YoY to Rs 84.6 crore, helped by lower finance costs. Revenue rises 14.6% YoY to Rs 379.4 crore, led by improvements in occupancy and revenue per available room (RevPAR). It shows up in a screener of stocks with high momentum scores.
Procter & Gamble Health's revenue rises 23.3% YoY to Rs 314.1 crore in Q4FY25, owing to an improvement in the pharmaceuticals segment. Net profit grows 31.4% YoY to Rs 61.2 crore helped by inventory destocking and a deferred tax credit of Rs 3.4 crore. The company features in a screener of stocks with zero promoter pledges.
ICRA is rising as its net profit grows 18.5% YoY to Rs 55.7 crore in Q4FY25, helped by lower finance costs. Revenue increases 9.9% YoY to Rs 136.2 crore, driven by higher sales from the ratings & ancillary services segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the past month.
Neerad Sharma, Head of Strategy at NCC, says the company secured 60% of FY25 order wins in Q4, with Rs 9,000–10,000 crore from the Amravati capital city. He projects revenue growth of 10% and an EBITDA margin of 9–9.25% for FY26, with expected order inflows of Rs 22,000–25,000 crore.
NCC

FY26 revenue growth guidance at 10%, guide EBITDA 9-9.25%

60% of order wins for FY25 have come in Q4

Bagged 9000-10000 Cr orders from Amravati capital city

Order inflow guidance of 22000-25000 Cr

Have 3 smart meter project orders worth 8000 Crhttps://t.co/uwjPhP6GHa
— Mangalam Maloo (@blitzkreigm) May 30, 2025
Gujarat Pipavav Port surges as its Q4FY25 net profit jumps 70.7% YoY to Rs 112.4 crore, driven by lower finance and depreciation & amortisation expenses. However, revenue remains flat at Rs 271 crore during the quarter. It features in a screener of stocks with annual net profit growth higher than sector profit growth.
Alembic Pharmaceuticals is rising as it receives final approval from the US FDA for its abbreviated new drug application (ANDA) for Bosutinib Tablets. The drug is a therapeutic equivalent to PF Prism's Bosulif Tablets, used to treat chronic myelogenous leukaemia. According to IQVIA, the drug has a market size of $291 million in the US as of March 2025.
India Glycols' board of directors approves the stock split of one equity share with a face value of Rs 10, fully paid up, into two equity shares of Rs 5 each.
Dipali Goenka, MD & CEO of Welspun Living, expects uncertainty to persist over the next few quarters due to global tariff concerns. She believes the UK Free Trade Agreement (FTA) is a strong opportunity for both India and the company. She also highlights that the company’s portfolio has grown 35% in non-US geographies. For FY28, Goenka projects revenue of Rs 15,000 crore and margins of around 15–16%.
Welspun Living says

???? Uncertainity to persist due to global tariff uncertainity
???????? UK FTA is a good opportunity for India & the company

FY28 Guidance ???? Revenue at Rs.15000 cr revenue & margins at 15–16% @DipaliGoenka @WelspunWorld https://t.co/TsnX25oC85|
— Nigel D'Souza (@Nigel__DSouza) May 30, 2025
Concord Biotech rises as its Q4FY25 net profit grows 47.7% YoY to Rs 140.4 crore, owing to lower inventory and finance costs. Revenue jumps 33.2% YoY to Rs 439.3 crore, attributed to improvements in the active pharmaceutical ingredients (API) and formulations segments. It features in a screener of stocks with growth in net profit and profit margin (QoQ).
Tejas Networks' Chief Executive Officer (CEO) and Managing Director (MD), Anand Athreya, tenders his resignation, effective June 20. The board appoints Executive Director and Chief Operating Officer (COO) Arnob Roy to take on additional charge as CEO until a successor is appointed.
KNR Constructions is falling as its net profit plunges 60.6% YoY to Rs 139.2 crore in Q4FY25 due to an exceptional items loss of Rs 125.6 crore. Revenue decreases 31% YoY to Rs 975.2 crore during the quarter. The company appears in a screener of stocks with declining profits every quarter for the past two quarters.
ICICI Securities maintains its 'Buy' rating on Varroc Engineering with a target price of Rs 610. The brokerage expects a gradual recovery in Varroc’s overseas business over the next 1-2 years, driven by recent order wins. It forecasts EBITDA margins to improve to around 10.4% in FY26 and 10.8% in FY27.
#MarketToday | Varroc Engineering shares jump 7%, ICICI Securities says 'Buy' stock https://t.co/nkT16pXM32
— Business Today (@business_today) May 30, 2025
SJVN falls sharply as it posts a net loss of Rs 127.6 crore in Q4FY25 compared to a net profit of Rs 61.1 crore in Q4FY24 due to higher finance and depreciation & amortisation expenses. Revenue declines 4.3% YoY to Rs 548.8 crore during the quarter. It appears in a screener of stocks with falling returns on capital employed (RoCE).
NBCC's net profit grows 29.3% YoY to Rs 175.9 crore in Q4FY25. Revenue increases 15.3% YoY to Rs 4,700.9 crore, driven by improvements in the project management consultancy (PMC), real estate, and the engineering, procurement & construction (EPC) segments. It appears in a screener of stocks with prices above short, medium and long-term moving averages.
Amara Raja Energy & Mobility is falling as its net profit declines 29.7% YoY to Rs 161.6 crore in Q4FY25 due to higher material costs and employee benefit expenses. However, revenue increases 5.2% YoY to Rs 3,060.1 crore, driven by higher sales from the lead acid batteries and allied products segment during the quarter. The company appears in a screener of stocks where mutual funds decreased their shareholding in the past quarter.
Muthoot Finance rises over 7% after the government directs the Reserve Bank of India (RBI) to delay the implementation of new gold loan norms until January 2026 to protect small borrowers. The Department of Financial Services (DFS) also suggests exempting borrowers below Rs 2 lakh from the proposed regulations to ensure timely and efficient disbursements.
#MarketsWithBS | Shares of Muthoot Finance rise nearly 7% after the govt asks RBI to ensure small borrowers are not affected.#Stocks #markets #stockmarketindia #stockmarketnews #sharemarket #marketnews #indianstockmarket #MuthootFinace #RBI https://t.co/4izfQWiP89
— Business Standard (@bsindia) May 30, 2025
Mazagon Dock Shipbuilders falls sharply as its Q4FY25 net profit declines 50.9% YoY to Rs 325.3 crore due to higher subcontracting, employee benefits, power & fuel, provisions, and project-related expenses. However, revenue grows 0.9% YoY to Rs 3,483.9 crore during the quarter. It shows up in a screener of stocks with expensive valuations according to Trendlyne valuation scores.
Senco Gold's Q4FY25 net profit grows 94% YoY to Rs 62.4 crore. Revenue increases 21% YoY to Rs 1,392.4 crore during the quarter, driven by volume growth in the diamond jewellery business and an increase in old gold jewellery exchanges. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.
Engineers India's Q4FY25 net profit grows 142.2% YoY to Rs 279.8 crore. Revenue increases 22.2% YoY to Rs 1,046.6 crore during the quarter, driven by strong project execution in the consultancy and engineering segments. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.
Nuvama downgrades Alkem Laboratories to a 'Reduce' rating with a lower target price of Rs 4,750. The brokerage notes that Q4 EBITDA and PAT fell short of estimates by 10% and 15%, respectively, due to higher raw material and staff costs. It adds that with India’s WPI staying stable, growth in the NLEM (National List of Essential Medicines) portfolio may remain subdued, possibly limiting the overall growth of its India business.
#BrokerageRadar | Nuvama on Alkem Laboratories: Downgrade to Reduce from Hold, target cut to ?4,750 vs ?5,840@Nuvama_Wealth #AlkemLabs #StockMarket pic.twitter.com/wqTQlewjiM
— ET NOW (@ETNOWlive) May 30, 2025
Ola Electric Mobility falls sharply as its Q4FY25 net loss expands 109.1% YoY to Rs 870 crore due to higher inventory expenses. Revenue plunges 56.4% YoY to Rs 728 crore, caused by a 55.5% decline in deliveries. It shows up in a screener of stocks where promoters increased pledged shares QoQ.
Sobha rises sharply as its net profit surges 4.8x YoY to Rs 40.9 crore in Q4FY25, helped by higher sales, inventory destocking, and lower sub-contractor costs. Revenue increases 62.6% YoY to Rs 1,240.6 crore, driven by higher sales from the real estate and contractual & manufacturing segments during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.
Suzlon Energy surges as its Q4FY25 net profit jumps 3.7x YoY to Rs 1,182.2 crore, driven by tax returns of Rs 629.7 crore. Revenue grows 73.3% to Rs 3,825.2 crore, led by improvements in the wind turbine generator, foundry & forging, and operation & maintenance services segments. It features in a screener of stocks with rising net profit margins (QoQ and TTM).
Bajaj Auto is falling as its net profit declines 10.4% YoY to Rs 1,801.9 crore in Q4FY25 due to inventory build-up and higher finance costs. However, revenue increases 9.5% YoY to Rs 12,646.3 crore, driven by higher sales from the automotive and financing segments during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.
Nifty 50 was trading at 24,806 (-27.6, -0.1%), BSE Sensex was trading at 81,465.69 (-167.3, -0.2%) while the broader Nifty 500 was trading at 22,867.70 (6.4, 0.0%).
Market breadth is in the green. Of the 2,005 stocks traded today, 1,116 were in the positive territory and 848 were negative.

Riding High:

Largecap and midcap gainers today include Suzlon Energy Ltd. (71.48, 9.3%), Muthoot Finance Ltd. (2,215.40, 7.3%) and UCO Bank (33.05, 5.7%).

Downers:

Largecap and midcap losers today include Mazagon Dock Shipbuilders Ltd. (3,478.20, -7.3%), Gujarat Fluorochemicals Ltd. (3,553.30, -5.3%) and Patanjali Foods Ltd. (1,671.30, -4.9%).

Volume Rockets

73 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Suzlon Energy Ltd. (71.48, 9.3%), R R Kabel Ltd. (1,425.70, 8.8%) and Muthoot Finance Ltd. (2,215.40, 7.3%).

Top high volume losers on BSE were Welspun Living Ltd. (132.66, -9.6%), SJVN Ltd. (96.30, -5.7%) and KNR Constructions Ltd. (210.80, -4.5%).

Gujarat Pipavav Port Ltd. (156.15, 5.6%) was trading at 46.3 times of weekly average. FSN E-Commerce Ventures Ltd. (203.26, -0.6%) and Coromandel International Ltd. (2,289.40, -0.8%) were trading with volumes 24.2 and 19.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks made 52 week highs, while 2 stocks hit their 52 week lows.

Stocks touching their year highs included - CCL Products India Ltd. (884.15, 8.5%), Solar Industries India Ltd. (16,104, -0.9%) and Welspun Corp Ltd. (935.55, 4.5%).

Stocks making new 52 weeks lows included - Aditya Birla Fashion and Retail Ltd. (85.85, -1.9%) and Capri Global Capital Ltd. (151.69, -2.6%).

21 stocks climbed above their 200 day SMA including R R Kabel Ltd. (1,425.70, 8.8%) and Muthoot Finance Ltd. (2,215.40, 7.3%). 28 stocks slipped below their 200 SMA including Chennai Petroleum Corporation Ltd. (676.20, -6.3%) and India Cements Ltd. (317.15, -5.8%).

29 May 2025

Market closes higher, Alkem Labs' Q4 net profit rises 4.2% YoY to Rs 305.9 crore