Trendlyne Marketwatch
Trendlyne Marketwatch
21 Apr 2025
Market closes higher, Jio Financial Services' net profit grows by 1.8% YoY to Rs 316.1 crore in Q4
By Trendlyne Analysis

 

Nifty 50 closed at 24,125.55 (273.9, 1.2%), BSE Sensex closed at 79,408.50 (855.3, 1.1%) while the broader Nifty 500 closed at 22,005.75 (324.2, 1.5%). Market breadth is surging up. Of the 2,478 stocks traded today, 1,876 were in the positive territory and 553 were negative.

Indian indices closed in the green, supported by positive Q4 results from HDFC and ICICI Bank. The Indian volatility index, Nifty VIX, declined 0.1% and closed at 15.5 points. Infosys rose by 2.2% as its Q4FY25 net profit rose 3.3% QoQ to Rs 7,033 crore, helped by lower cost of sales and administrative expenses.

Nifty Midcap 100 and Nifty Smallcap 100 closed in the green, following the benchmark index. Nifty Midcap Liquid 15 & Nifty High Beta 50 were among the top index gainers today. According to Trendlyne’s Sector dashboard, Diversified sector emerged as the best-performing sector of the day, with a rise of 2.8%.

Asian indices closed higher, while European indices are trading lower except Russia’s MOEX & RTSI indices. US index futures traded in the red, indicating a cautious start to the trading session. The IMF and World Bank Spring meetings will kick off in Washington this week, with Trump’s tariff policy expected to dominate discussions. Meanwhile, Trump escalated criticism of the Federal Reserve for not cutting interest rates last week. He threatened to remove the Fed chairman, who affirmed he has no intention of stepping down and emphasized the Fed’s independence over monetary policy to be a “matter of law.”

  • Money flow index (MFI) indicates that stocks like HDFC Bank, Bharti Airtel, Avenue Supermarts, and Ambuja Cements are in the overbought zone.

  • J B Chemicals & Pharmaceuticals is rising as it receives US FDA approval for its abbreviated new drug application (ANDA) for Bisoprolol Tablets. The drug is a generic equivalent to Zebeta (teva) for injectable suspension and is used to treat hypertension. As of 2024, this drug has a market size of $2 billion.

  • Jio Financial Services' net profit grows by 1.8% YoY to Rs 316.1 crore in Q4FY25. Revenue increases 18% YoY to Rs 493.2 crore during the quarter, helped by higher gain on fair value changes. It shows up in a screener of stocks where mutual funds increased their shareholding in the past quarter.

  • JSW Energy plans to invest Rs 16,000 crore to set up a 1,600 MW ultra-supercritical thermal power plant at Salboni in West Bengal. The project includes two units of 800 MW each and targets commissioning within 42 to 48 months.

  • Adani Ports and Special Economic Zone falls after announcing plans to acquire an Australian deep-water coal export facility for an enterprise value of around A$3.9 billion (Rs 21,344.4 crore) to expand its global footprint last week. Meanwhile, Nuvama Wealth Management notes that the company's all-share deal to acquire Abbot Point Port could potentially dilute the company’s earnings per share (EPS).

  • International Gemological Institute is rising as its net profit grows 11.6% YoY to Rs 140.7 crore in Q4FY25, driven by lower purchase of trading goods. Revenue increases 9.6% YoY to Rs 304.8 crore during the quarter. The company appears in a screener of stocks with zero promoter pledges.

  • Tata Elxsi’s Q4FY25 net profit falls 13.3% QoQ to Rs 172.4 crore. Revenue drops 2.8% QoQ to Rs 951.4 crore due to a decline in projects from the auto and media segments, driven by global trade and geopolitical tensions. The firm shows up in a screener of stocks where mutual funds increase stakes in Q4FY25.

  • Coal India rises as its arm, SECL, signs a Rs 7,040 crore pact with TMC Mineral for large-scale coal production using the paste-filling technology. The project is expected to produce 84 lakh tonnes of coal over 25 years.

  • BofA Securities maintains its 'Underperform' rating on Siemens with a reduced target price of Rs 2,450 following the demerger of its energy segment into Siemens Energy India. The brokerage notes that the energy unit contributes 37% of order inflows, 31% of revenue, and 35% of EBITDA in FY24, serving as a key growth driver. Without it, Siemens’ earnings growth is projected to remain at a modest 11% CAGR over FY24–27.

  • Ashish Kacholia adds Thomas Scott to his portfolio in Q4FY25. He buys a 2.4% stake in the company.

  • Devyani International rises sharply as its board of directors schedules a meeting for April 24 to consider and approve issuing shares to acquire a controlling stake in Sky Gate Hospitality, which runs the “Biryani by Kilo” brand and others.

  • RARE Enterprises sells a 2.1% stake in Sundrop Brands in Q4FY25. He now holds a 4.9% stake in the company.

  • Gensol Engineering declines for the eighth straight session amid allegations of fund diversion by its promoters. Reports suggest the government may involve the Serious Fraud Investigation Office (SFIO) in the probe. Meanwhile, the Ministry of Corporate Affairs (MCA) is conducting due diligence in the alleged fund diversion case involving the company through the offices of the Director General (DG) and the Registrar of Companies (RoC).

  • Interarch Building Solutions rises sharply as it secures a Rs 300 crore work order to set up a tyre manufacturing plant in Gujarat. The facility covers an area of 3 million sq. ft.

  • Divi's Laboratories rises as it signs a deal with a global pharma company to manufacture and supply advanced intermediates. The company also plans to expand its manufacturing capacity with an investment of Rs 650-700 crore.

  • GAIL India rises sharply on hopes of a tariff hike after the Petroleum and Natural Gas Regulatory Board (PNGRB) issues a consultation paper to review piped natural gas tariffs. The paper seeks feedback to draft Model Revenue Sharing Contracts and improve legal clarity in the sector. GAIL proposes a revised tariff of Rs 77.43 per MMBtu, higher than the current rate.

  • Global oil prices decline as traders worry about the US-led trade war's impact on energy demand and monitor US-Iran nuclear talks. Brent falls over 1% toward $67, while WTI falls below $64. The decline was worsened by OPEC+ ramping up production faster than expected, raising oversupply fears.

  • Mastek is falling as its net profit declines 14.4% QoQ to Rs 81.1 crore in Q4FY25 due to an exceptional items loss of Rs 8.1 crore. However, revenue increases 4.1% QoQ to Rs 905.4 crore, driven by higher sales from the UK and European markets during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.

  • Suzlon Energy and Inox Wind rise sharply as the Ministry of New and Renewable Energy releases a draft notification mandating local sourcing of components used in wind turbine manufacturing, including blades, gearboxes, generators, and towers. The move addresses concerns over Chinese original equipment manufacturers (OEMs) and boosts domestic wind turbine production.

  • Infosys is rising sharply as its Q4FY25 net profit rises 3.3% QoQ to Rs 7,033 crore, helped by lower cost of sales and administrative expenses. However, revenue declines 1.7% QoQ to Rs 42,115 crore due to a reduction in the retail, energy, utilities, resources & services, and lofe sciences segments. The company lowers its revenue guidance for the current financial year (FY26) to 0–3%, down from 4.5–5% in Q3FY25, signalling caution in the growth environment.

  • Nuvama initiates a 'Buy' rating on Hindustan Aeronautics, Bharat Dynamics and Data Patterns (India). The brokerage is particularly optimistic about the Defence Electronics segment, anticipating it to grow 1.5 to 2 times faster than the overall defence budget. It favours BEL over HAL due to its stronger execution capabilities, higher operating profit margins (OPM) and return on equity (RoE), quicker cash conversion cycle, and greater asset turnover prospects. Additionally, BEL presents lower associated risks.

  • YES Bank rises sharply as its net profit surges 59.3% YoY to Rs 738.1 crore in Q4FY25 due to higher income and lower provisions. Revenue increases 2.3% YoY to Rs 7,616.1 crore, driven by improvements in the wholesale, and retail banking segments. The bank's asset quality improves as its gross and net NPAs contract by 10 bps and 30 bps YoY, respectively, during the quarter.

  • Just Dial rises sharply as its net profit grows 20% QoQ to Rs 157.6 crore in Q4FY25 due to lower finance costs and employee benefit expenses. Revenue increases marginally by 0.7% QoQ to Rs 289.2 crore due to marginal growth of 0.1% QoQ in total traffic during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • HDFC Bank rises to its all-time high of Rs 1,950.7 as its net profit increases 6.7% YoY to Rs 17,616.1 crore in Q4FY25 due to higher income and lower provisions. However, revenue decreases 8.4% YoY to Rs 77,460.1 crore, driven by lower contribution from the treasury segment. The bank's asset quality deteriorate as its gross and net NPAs expands by 9 bps and 10 bps YoY, respectively, during the quarter.

  • ICICI Bank is rising as its net profit increases 6.1% YoY to Rs 12,629.6 crore in Q4FY25 due to higher income and lower provisions. Revenue surges 11.8% YoY to Rs 42,430.8 crore, driven by improvements in the treasury, wholesale, and retail banking segments. The bank's asset quality improves as its gross and net NPAs contract by 49 bps and 3 bps YoY, respectively, during the quarter.

  • Nifty 50 was trading at 23,966.45 (114.8, 0.5%), BSE Sensex was trading at 78,903.09 (349.9, 0.5%) while the broader Nifty 500 was trading at 21,787 (105.5, 0.5%).

  • Market breadth is ticking up strongly. Of the 2,015 stocks traded today, 1,521 were on the uptick, and 434 were down.

Riding High:

Largecap and midcap gainers today include Suzlon Energy Ltd. (60.29, 9.5%), Tata Elxsi Ltd. (5,342, 9.0%) and Au Small Finance Bank Ltd. (623.60, 6.3%).

Downers:

Largecap and midcap losers today include GlaxoSmithKline Pharmaceuticals Ltd. (2,815.40, -3.1%), Marico Ltd. (695.15, -2.8%) and Godrej Consumer Products Ltd. (1,213.40, -2.1%).

Movers and Shakers

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

Top high volume gainers on BSE included Just Dial Ltd. (1,028.25, 11.5%), Suzlon Energy Ltd. (60.29, 9.5%) and Tata Elxsi Ltd. (5,342, 9.0%).

Top high volume loser on BSE was AIA Engineering Ltd. (3,135, -0.4%).

Gujarat Pipavav Port Ltd. (151.13, 5.6%) was trading at 5.4 times of weekly average. Ingersoll-Rand (India) Ltd. (3,757.90, 4.7%) and Aptus Value Housing Finance India Ltd. (334.20, 3.4%) were trading with volumes 4.2 and 3.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

16 stocks hit their 52 week highs,

Stocks touching their year highs included - Bajaj Finance Ltd. (9,273.50, 1.2%), Bajaj Finserv Ltd. (2,103.50, 3.4%) and Bharti Airtel Ltd. (1,883.40, -0.3%).

29 stocks climbed above their 200 day SMA including Au Small Finance Bank Ltd. (623.60, 6.3%) and Jammu & Kashmir Bank Ltd. (108.27, 6.0%). 3 stocks slipped below their 200 SMA including Caplin Point Laboratories Ltd. (1,906.70, -3.1%) and Pidilite Industries Ltd. (3,018, -0.5%).

 
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