Trendlyne Marketwatch
Trendlyne Marketwatch
05 May 2025, 03:29PM
Market trades higher, M&M's Q4FY25 net profit grows 19.6% YoY to Rs 3,295.2 crore
By Trendlyne Analysis

 

Nifty 50 was trading at 24,451.05 (104.4, 0.4%), BSE Sensex was trading at 80,754.67 (252.7, 0.3%) while the broader Nifty 500 was trading at 22,165.70 (159.7, 0.7%). Market breadth is overwhelmingly positive. Of the 2,406 stocks traded today, 1,594 were gainers and 760 were losers.

Nifty 50 opens higher after gaining 83.4 points in the pre-opening session. Indian indices closed flat on Friday. FIIs bought shares worth Rs 2,769.8 crore, while DIIs bought Rs 3,290.5 crore in Indian equities on the same day.

Nifty Smallcap 100 opens flat, while Nifty Midcap 100 opens in the green, tracking the benchmark index. Nifty IT opens higher, while Nifty PSU Bank opens lower. Investors look ahead to Q4FY25 & FY25 earnings announcements from companies like Mahindra & Mahindra, Coforge, and Indian Hotels today.

Most European indices closed higher on Monday except Russia’s RTSI and MOEX indices, which closed 2.8% lower, each. Major Asian indices are trading in the green, except Australia’s S&P ASX 200 index, which is trading 0.7% lower. US indices closed in the green on Friday, with the Dow Jones and S&P 500 closing 1.4% and 1.5% higher after the April employment data beats estimates, easing recession fears. Shell closed higher after announcing a $3.5 billion buyback as its Q1 net profit beat Forecaster estimates by 10%.

  • Dr. Reddy's Laboratories sees a short buildup in its May 29 futures series, with open interest increasing by 18.4% and a put-call ratio of 0.8.

  • Azad Engineering rises sharply as it signs a six-year supply deal worth Rs 452.5 crore with GE Vernova Power. The agreement covers delivery of precision airfoil components for nuclear, industrial, and thermal power projects globally.

  • Netweb Technologies surges more than 10% as its Q4FY25 net profit grows 41.8% QoQ to Rs 43 crore, owing to lower finance costs. Revenue jumps 24.3% QoQ to Rs 417.2 crore during the quarter. It features in a screener of stocks with consistent high returns over the past five years.

  • Archean Chemical Industries is rising as its revenue grows 21.7% YoY to Rs 345.6 crore in Q4FY25. However, net profit decreases 7% YoY to Rs 53.5 crore due to higher finance and materials costs during the quarter. The company appears in a screener of stocks with increasing revenue every quarter for the past three quarters.

  • Mahindra & Mahindra rises sharply as its Q4FY25 net profit grows 19.6% YoY to Rs 3,295.2 crore owing to inventory destocking. Revenue jumps 20.9% YoY to Rs 43,301 crore, driven by improvements in the automotive, farm equipment, financial services, and industrial business & consumer services segments. It features in a screener of stocks with improving return on capital employed (RoCE) over the past two years.

  • Adani Ports and Special Economic Zone rises sharply as it handles 37.5 million metric tonnes (MMT) of cargo in April, driven by 21% YoY rise in containers and 8% in liquids & gas. Its logistics rail volume grows 17% YoY during the month.

  • RR Kabel surges almost 15% as its Q4FY25 net profit jumps 64% YoY to Rs 129.1 crore. Revenue grows 25.7% YoY to Rs 2,229.8 crore, led by improvements in the wires & cables and fast-moving electrical goods segments. The company's board of directors approves a capacity expansion of its wires & cables plant in Gujarat by 36,000 metric tonnes (MT), with a capex of Rs 1,050 crore.

  • Biocon is rising sharply as its arm, Biocon Biologics, secures multiple market access agreements for Yesintek in the US. Yesintek gets approval for the treatment of Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.

  • Apollo Micro Systems rises sharply as its subsidiary, Apollo Defence Industries (ADIPL), acquires a 100% stake in IDL Explosives for a total cash consideration of Rs 107 crore. The acquisition strengthens the company’s capacity to meet the growing domestic demand for defence explosives across artillery, missile, and other high-impact segments.

  • Eicher Motors reappoints Siddhartha Lal as Executive Chairman and B Govindarajan as Managing Director (MD) for five years, effective February 13, 2025.

  • Marico is rising as its net profit grows 7.9% YoY to Rs 343 crore in Q4FY25. Revenue increases 19.8% YoY to Rs 2,730 crore, driven by growth in the Indian and international businesses during the quarter during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • Emkay initiates coverage on ABB India with an ‘Add’ rating and a target price of Rs 6,100. The brokerage notes strong growth in new-age segments like data centres, electrification, railways and PLI-led capex. It also gives a ‘Buy’ rating on CG Power, citing strong execution and growth visibility.

  • Ircon International rises sharply as it secures a Rs 458.1 crore civil works contract from North Eastern Electric Power Corp (NEEPCO) for the Tato-I Hydro Electric project in Arunachal Pradesh. The project includes major infrastructure like tunnels, surge shafts, and a powerhouse and will be completed in 45 months.

  • Gravita India rises sharply as its net profit surges 37.9% YoY to Rs 95.1 crore in Q4FY25. Revenue increases 20.1% YoY to Rs 1,037.1 crore, driven by higher sales from the lead and aluminium segments during the quarter. The company appears in a screener of stocks with increasing revenue every quarter for the past four quarters.

  • Avenue Supermarts (DMart) is falling as its Q4FY25 net profit declines 2.2% YoY to Rs 550.9 crore due to higher raw materials, employee benefits and finance costs. However, revenue grows 16.9% YoY to Rs 14,896.9 crore owing to new store additions. It shows up in a screener of stocks where relative strength index (RSI) indicates price weakness.

  • Retail sales for the automotive industry increase 3% YoY to 22.9 lakh units in April, shows data from the Federation of Automotive Dealers' Association. Two-wheeler retail sales are up 2.3% YoY, while commercial vehicles decline by 1.1% YoY.

  • CDSL is falling as its net profit declines 22.5% YoY to Rs 100.3 crore in Q4FY25. Revenue decreases 4.3% YoY to Rs 255.7 crore due to the decline in new demat accounts. The company appears in a screener of stocks outperforming their industry in terms of price change for the quarter.

  • AU Small Finance is falling as 92.3 lakh shares (1.4% stake) worth approximately Rs 600 crore reportedly change hands in a block deal at a floor price of Rs 650 per share. Private equity firms True North, Indium IV (Mauritius), and Silver Leaf Oak are likely the sellers in the transaction.

  • Tata Motors reportedly resumes Jaguar Land Rover (JLR) vehicle exports from Britain to the US after pausing in April due to tariffs. JLR accounts for 69% of Tata Motors' total revenue.

  • Bharti Airtel terminates discussions with the Tata Group for a potential merger of their DTH (Direct-To-Home) businesses after failing to reach a satisfactory resolution.

  • Kotak Mahindra Bank falls sharply as its Q4FY25 net profit declines 14.1% YoY to Rs 3,551.7 crore due to higher provisions, employee benefits, and interest expenses. However, revenue grows 9.3% YoY to Rs 16,712.2 crore, driven by improvements in the corporate and retail banking segments. The bank's asset quality worsens as its gross NPA grows 3 bps YoY.

  • City Union Bank is rising as its net profit grows 13% YoY to Rs 288 crore in Q4FY25. Revenue increases 11.5% YoY to Rs 1,532.7 crore, driven by improvements in the wholesale and retail banking segments during the quarter. The bank's asset quality improves as its gross and net NPAs contract by 90 bps and 72 bps YoY, respectively.

  • Indian Bank is rising as its Q4FY25 net profit grows 31.6% YoY to Rs 2,956.1 crore, helped by lower provisions. Revenue increases 10.1% YoY to Rs 18,599.2 crore, helped by improvements in the treasury operations, corporate and retail banking segments. The bank's asset quality improves as its gross and net NPAs decline YoY by 86 bps and 24 bps, respectively.

  • State Bank of India is falling as its net profit declines 9.9% YoY to Rs 18,642.6 crore in Q4FY25. However, revenue increases 7.8% YoY to Rs 1,19,666.2 crore, driven by improvements in the treasury, wholesale, and retail banking segments during the quarter. The bank's asset quality improves as its gross and net NPAs contract by 42 bps and 10 bps YoY, respectively.

  • Nifty 50 was trading at 24,436.90 (90.2, 0.4%), BSE Sensex was trading at 80,661.62 (159.6, 0.2%) while the broader Nifty 500 was trading at 22,081 (75, 0.3%).

  • Market breadth is neutral. Of the 1,972 stocks traded today, 990 were on the uptrend, and 915 went down.

Riding High:

Largecap and midcap gainers today include Adani Total Gas Ltd. (666.55, 11.1%), Adani Green Energy Ltd. (974.90, 7.7%) and Adani Power Ltd. (565.45, 7.7%).

Downers:

Largecap and midcap losers today include Kotak Mahindra Bank Ltd. (2,077.50, -4.9%), Oil And Natural Gas Corporation Ltd. (238.38, -2.1%) and Max Financial Services Ltd. (1,282.20, -1.6%).

Movers and Shakers

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

Top high volume gainers on BSE included R R Kabel Ltd. (1,174.90, 14.8%), Adani Total Gas Ltd. (666.55, 11.1%) and Adani Power Ltd. (565.45, 7.7%).

Top high volume losers on BSE were Aether Industries Ltd. (794.45, -3.6%) and LMW Ltd. (16,022, -0.5%).

Finolex Cables Ltd. (923, 7.6%) was trading at 15.9 times of weekly average. JBM Auto Ltd. (680, 5.6%) and Capri Global Capital Ltd. (170.97, 4.6%) were trading with volumes 9.8 and 5.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

4 stocks hit their 52 week highs,

Stocks touching their year highs included - ICICI Bank Ltd. (1,429, -0.2%), Navin Fluorine International Ltd. (4,629.40, 2%) and Godfrey Phillips India Ltd. (8,762, 4.5%).

19 stocks climbed above their 200 day SMA including Adani Power Ltd. (565.45, 7.7%) and Adani Ports & Special Economic Zone Ltd. (1,355.70, 7.0%). 8 stocks slipped below their 200 SMA including Atul Ltd. (6,932, -1.6%) and Data Patterns (India) Ltd. (2,276, -1.5%).

 
More from Trendlyne Marketwatch
More from Trendlyne Analysis
Recommended
Five Interesting Stocks Today - May 02, 2025
The Baseline | 02 May 2025
Chart of the week: IT stocks slide amid global market volatility
The Baseline | 02 May 2025
Markets close higher, Rakesh Jhunjhunwala buys a 2.2% stake in Indiabulls Housing Finance
Trendlyne Marketwatch | 22 Jul 2021