Trendlyne Marketwatch
Trendlyne Marketwatch
29 Apr 2025, 03:53PM
Market closes flat, TVS Motor's revenue beats Forecaster estimates by 2% in Q4FY25
By Trendlyne Analysis

 

Nifty 50 closed at 24,335.95 (7.5, 0.0%), BSE Sensex closed at 80,288.38 (70.0, 0.1%) while the broader Nifty 500 closed at 22,112.40 (10.6, 0.1%). Market breadth is in the red. Of the 2,414 stocks traded today, 1,077 showed gains, and 1,289 showed losses.

Indian indices closed higher after paring gains in the morning session. The Indian volatility index, Nifty VIX, rose 2.5% and closed at 17.4 points. UCO Bank closed 4% higher as its Q4FY25 net profit grew 24.1% YoY to Rs 652.4 crore. Revenue increased 16.5% YoY to Rs 8,136.8 crore owing to improvements in the corporate and retail banking segments.

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. Nifty IT and BSE Capital Goods were the best-performing indices of the day. According to Trendlyne’s sector dashboard, General Industrials emerged as the best-performing sector of the day, with a rise of 1.8%.

European indices are trading mixed. Major Asian indices closed in the green, except China’s FTSE China 50, which closed flat and Malaysia’s KLCI index, which closed 0.4% lower. US index futures are trading higher, indicating a positive start to the session after President Donald Trump is reportedly planning to ease tariffs on automakers.

  • Relative strength index (RSI) indicates that stocks like Max Financial Services, MRF, SBI Life Insurance and AU Small Finance Bank are in the overbought zone.

  • TVS Motor's revenue rises 17.5% YoY to Rs 9,564.9 crore in Q4FY25, driven by improvements in the automobiles, vehicles & parts and financial services segments. Net profit surges 75.5% YoY to Rs 852.1 crore during the quarter. It features in a screener of stocks where mutual funds increased their shareholding in the past quarter.

  • PCBL Chemicals is falling as its Q4FY25 net profit declines 10% YoY to Rs 100.2 crore due to higher raw materials, inventory and employee benefits expenses. However, revenue grows 8% YoY to Rs 2,107.3 crore, helped by improvements in the carbon black, power and chemical segments. It shows up in a screener of stocks with declining return on equity (RoE) over the past two years.

  • NBCC (India) receives an order worth Rs 130.6 crore from North Eastern Electric Power Corp. (NEEPCO) to develop a township on 21.7 acres of land in Shillong, Meghalaya.

  • The Bajaj Group reportedly approaches the Competition Commission of India (CCI) for approval to acquire Allianz SE’s 26% stake in their joint life and general insurance ventures. With this acquisition, the group’s shareholding in Bajaj Allianz General Insurance Co and Bajaj Allianz Life Insurance Co will increase to 100% from the current 74%.

  • Whirlpool of India surges as PE firms, including Advent International, Bain Capital, KKR, EQT, TPG, and Carlyle, reportedly explore a stake in the company. Promoter Whirlpool Corp plans to sell a 31% stake in the Indian unit, aiming to raise around Rs 5,000 crore.

  • Go Digit General Insurance's Q4FY25 net profit surges 119.5% YoY to Rs 115.6 crore, helped by lower employee benefits and business development & sales promotion expenses. Revenue grows 6% YoY to Rs 2,855.2 crore, led by improvements in assets under management (AUM) and gross written premium (GWP). It appears in a screener of stocks where foreign institutional investors (FIIs) increased their shareholding.

  • AWL Agri Business is falling as its Q4FY25 net profit misses Forecaster estimates by 13.5% despite growing 21.4% YoY to Rs 190.3 crore. Revenue increases 37.7% YoY to Rs 18,229.6 crore, helped by higher sales from the edible oil and industry essentials segments during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the past month.

  • Samhi Hotels rises over 3% as reports suggest that 87.2 lakh shares, amounting to Rs 152 crore, change hands in a block deal.

  • CLSA maintains its 'Outperform' rating on Prestige Estates Projects with a target price of Rs 2,380. The brokerage highlights the company has secured the much-anticipated RERA approval for its flagship project in Indirapuram, NCR. This development marks Prestige Estates’ entry into the NCR market, second only to Gurugram in the region, with an estimated sales potential exceeding Rs 10,000 crore.

  • Aurobindo Pharma falls as it reports a fire on April 27 at its penicillin-G unit in Kakinada, Andhra Pradesh. The company temporarily halts operations for 20–25 days to replace equipment.

  • Castrol India is falling as its Q4FY25 net profit declines 14% YoY to Rs 233.5 crore due to higher raw materials expenses. However, revenue grows 5.6% YoY to Rs 1,454.2 crore owing to new launches and expansion of its distribution network. It shows up in a screener of stocks with increasing trend in non-core income.

  • Online services provider Urban Company files a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a Rs 1,900 crore IPO. The IPO comprises a Rs 429 crore fresh issue of shares and a Rs 1,471 crore offer for sale (OFS).

  • Firstsource Solutions is falling as its Q4FY25 net profit misses Forecaster estimates by 7.6% despite growing 20.4% YoY to Rs 160.7 crore. Revenue increases 29.4% YoY to Rs 2,161.5 crore, helped by higher sales from the healthcare, and banking & financial services segments during the quarter. The company appears in a screener of stocks with increasing revenue every quarter for the past four quarters.

  • RPG Life Sciences rises sharply as its Q4FY25 net profit surges 8.9x YoY to Rs 117.4 crore, helped by exceptional gains of Rs 109.9 crore. Revenue grows 15.2% YoY to Rs 148.2 crore during the quarter. It appears in a screener of stocks with improving return on equity (RoE) over the past two years.

  • PNB Housing Finance rises sharply as its net profit grows 25.3% YoY to Rs 550.4 crore in Q4FY25, driven by better management of financial losses and write-offs. Revenue increases 11.7% YoY to Rs 2,021.9 crore during the quarter. It features in a screener of stocks with increasing profits every quarter for the past three quarters.

  • Standard Chartered analysts downgrade equities as an asset class to 'Neutral' across all major regions, including India. They cite policy uncertainty around US tariffs and heightened market volatility, which weakens the risk-reward outlook. They believe India is relatively insulated from tariff concerns but faces headwinds from negative earnings revisions. Meanwhile, they project the Nifty50 index to reach 26,000 within 12 months, representing a roughly 7% upside from current levels.

  • KFIN Technologies is rising as its net profit grows 14.2% YoY to Rs 85.1 crore in Q4FY25. Revenue increases 23.8% YoY to Rs 282.7 crore, driven by higher sales from the domestic mutual fund, issuer, and international investor solutions segments during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • Hexaware Technologies is rising as its Q4FY25 net profit grows 2.6% QoQ to Rs 327.2 crore, helped by lower depreciation and amortisation expenses and tax returns of Rs 14.1 crore. Revenue increases 1.1% QoQ to Rs 3,212.3 crore, led by improvements in the travel & transportation (T&T), financial services (FS), health & insurance (H&I), and manufacturing & consumer (M&C) segments. It appears in a screener of stocks with zero promoter pledges.

  • UCO Bank is rising sharply as its Q4FY25 net profit grows 24.1% YoY to Rs 652.4 crore. Revenue increases 16.5% YoY to Rs 8,136.8 crore owing to improvements in the corporate and retail banking segments. The bank's asset quality improves as its gross and net NPAs decline by 77 bps YoY and 39 bps YoY, respectively.

  • Manoj Kumar Dubey, CMD of IRFC, expects the company’s net interest margin (NIM) to move toward 2% in the future, with disbursements projected to reach Rs 30,000 crore in FY26. He notes the company’s Q4 performance was muted, primarily due to limited disbursals over the past two years. Dubey highlights that IRFC is now diversifying its loan book beyond railways, a move expected to support margin improvement. He anticipates margins from new bids will be 2–3 times higher than those from railway-related lending.

  • Tata Technologies is falling as 1.6 crore shares (3.9% stake) worth approximately Rs 1,094 crore reportedly change hands in a block deal at an average price of Rs 683 per share. Private equity firm TPG Rise Climate is likely the seller in the transaction.

  • Oberoi Realty is falling as its net profit drops 45% YoY to Rs 433.2 crore in Q4FY25 due to higher land, construction, and development costs. Revenue decreases 12.5% YoY to Rs 1,150.1 crore, driven by lower contributions from the real estate segment during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.

  • Central Bank of India rises sharply as its Q4FY25 net profit grows 28% YoY to Rs 1,033.6 crore, helped by a 77.2% YoY decline in tax expenses. Revenue grows 7.6% YoY to Rs 10,476.1 crore, led by improvements in the treasury operations and retail banking segments. The bank's asset quality improves as its gross and net NPAs decline by 132 bps YoY and 68 bps YoY, respectively.

  • Adani Green Energy is rising as its net profit surges 53.3% YoY to Rs 230 crore in Q4FY25, helped by a decline in the cost of equipments and goods sold. Revenue increases 21.6% YoY to Rs 3,073 crore, driven by higher sales from the power supply segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.

  • Nifty 50 was trading at 24,439.25 (110.8, 0.5%), BSE Sensex was trading at 80,396.92 (178.6, 0.2%) while the broader Nifty 500 was trading at 22,237.90 (136.1, 0.6%).

  • Market breadth is ticking up strongly. Of the 1,901 stocks traded today, 1,630 were on the uptrend, and 242 went down.

Riding High:

Largecap and midcap gainers today include Mazagon Dock Shipbuilders Ltd. (3,027.90, 8.7%), Sona BLW Precision Forgings Ltd. (491.85, 6.2%) and Tube Investments of India Ltd. (2,797.50, 5.9%).

Downers:

Largecap and midcap losers today include AWL Agri Business Ltd. (267.90, -4.1%), TVS Motor Company Ltd. (2,702.60, -3.2%) and Aurobindo Pharma Ltd. (1,209.60, -3.0%).

Movers and Shakers

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

Top high volume gainers on BSE included Data Patterns (India) Ltd. (2,556.90, 14.3%), Garden Reach Shipbuilders & Engineers Ltd. (1,957.80, 11.9%) and TBO Tek Ltd. (1,130, 11.5%).

Top high volume losers on BSE were Go Digit General Insurance Ltd. (290.70, -6.0%), Tata Technologies Ltd. (663.70, -5.9%) and Archean Chemical Industries Ltd. (635.40, -4.2%).

PNB Housing Finance Ltd. (1,030.40, 4.5%) was trading at 13.1 times of weekly average. India Cements Ltd. (315.15, 8.5%) and Cochin Shipyard Ltd. (1,652.40, 10.0%) were trading with volumes 10.7 and 6.3 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

5 stocks took off, crossing 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (2,240.30, 0.1%), ICICI Bank Ltd. (1,429.80, 0.1%) and Solar Industries India Ltd. (13,452, 2.5%).

18 stocks climbed above their 200 day SMA including Data Patterns (India) Ltd. (2,556.90, 14.3%) and Garden Reach Shipbuilders & Engineers Ltd. (1,957.80, 11.9%). 10 stocks slipped below their 200 SMA including Archean Chemical Industries Ltd. (635.40, -4.2%) and Rainbow Childrens Medicare Ltd. (1,357.30, -1.9%).

 
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