Trendlyne Marketwatch
Trendlyne Marketwatch
08 May 2025, 04:03PM
Market closes lower, Asian Paints' Q4 revenue misses Forecaster estimates by 3.5%
By Trendlyne Analysis

 

 

Nifty 50 closed at 24,273.80 (-140.6, -0.6%) , BSE Sensex closed at 80,334.81 (-412.0, -0.5%) while the broader Nifty 500 closed at 21,843.05 (-229.4, -1.0%). Market breadth is overwhelmingly negative. Of the 2,413 stocks traded today, 692 were on the uptrend, and 1,667 went down.

Indian indices closed in the red amid escalating tensions with Pakistan. The Indian volatility index, Nifty VIX, rose 10.2% and closed at 21 points. India signed a Free Trade Agreement (FTA) with the UK, aiming to double bilateral trade by 2030. It retained duties on sensitive goods such as diamonds, silver, smartphones, and optical fibers, while agreeing to significantly reduce tariffs on auto and whiskey imports.

Nifty Midcap 100 & Nifty Smallcap 100 closed in the red, following the benchmark index. Nifty Realty & BSE Realty Index were among the top index losers today. According to Trendlyne’s Sector dashboard, Healthcare Equipment & Supplies emerged as the worst-performing sector of the day, with a fall of 3.4%.

Asian indices closed mixed, while European indices are trading in the green. US index futures traded higher, indicating a positive start to the trading session. David Perdue was sworn in as the new US ambassador to China on Wednesday, ahead of key trade talks set for May 9-10 in Geneva. Meanwhile, major chip stocks such as Nvidia gained 3.1% after the Trump administration indicated plans to roll back Biden-era restrictions on exporting advanced AI chips.

  • Siemens sees a short buildup in its May 29 futures series, with open interest increasing by 15.6% and a put-call ratio of 0.8.

  • Escorts Kubota's net profit rises 17.9% YoY to Rs 318.4 crore in Q4FY25, helped by lower purchases of stock-in-trade. Revenue increases 6.3% YoY to Rs 2,444.9 crore, driven by higher sales from the agri machinery products segments during the quarter. The company appears in a screener of stocks with book value per share improving over the last two years.

  • Asian Paints falls as its Q4FY25 revenue declines 4.3% YoY to Rs 8,358.9 crore, missing Forecaster estimates by 3.5%, impacted by the decorative business segment. Net profit decreases 44.9% YoY to Rs 692.1 crore during the quarter. The company appears in a screener of stocks where promoters increased pledged shares QoQ.

  • KR Choksey maintains its 'Buy' call on Varun Beverages with a lower target price of Rs 639 per share. This indicates a potential upside of 26.5%. The brokerage remains confident in the company's long-term performance, led by increasing penetration in newly acquired African territories, sustained growth in the domestic business, and capacity additions that increase operating leverage. It expects the firm's revenue to grow at a CAGR of 22% over FY25-26.

  • Sanjay Kulshrestha, CMD of HUDCO, anticipates the company's assets under management (AUM) will reach Rs 1.5 lakh crore by FY26. He expects net interest margins (NIMs) to rise to 3.3%, driven by lower borrowing costs. Kulshrestha also projects disbursals to be in the range of Rs 50,000 to Rs 55,000 crore during this period.

  • Canara Bank is rising as its net profit grows 33.1% YoY to Rs 5,002.7 crore in Q4FY25. Revenue increases 7.6% YoY to Rs 31,002 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 129 bps and 57 bps YoY, respectively.

  • DB Corp falls sharply as its net profit declines 57.3% YoY to Rs 52.3 crore in Q4FY25 due to higher employee benefits, finance, and other expenses. Revenue drops 11.7% YoY to Rs 566.7 crore, impacted by the printing, publishing and allied businesses. It shows up in a screener of stocks with growing costs YoY for long term projects.

  • Sonata Software rises as its Q4FY25 net profit grows 2.4% QoQ to Rs 107.5 crore, owing to inventory destocking and lower raw materials, finance, and depreciation & amortisation expenses. However, revenue declines 8.2% QoQ to Rs 2,628.4 crore due to a reduction in the Indian business. It appears in a screener of stocks with improving cash flow from operations over the past two years.

  • According to IIFL Alternate Desk, Nykaa, Coromandel International, and One97 Communications (Paytm) will likely be added to the MSCI India Index in the upcoming review on May 14. These potential inclusions could draw combined inflows of over $770 million (approx. Rs 6,400 crore).

  • APL Apollo Tubes is rising as its net profit surges 72% YoY to Rs 293.1 crore in Q4FY25, helped by inventory destocking. Revenue increases 15.6% YoY to Rs 5,508.6 crore during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • CLSA upgrades MRF to an 'Outperform' rating and raises the target price to Rs 1,68,426 per share. The brokerage expects the company's margins to expand in the coming months, driven by lower domestic natural rubber prices. It projects the firm’s revenue to grow at a CAGR of 9% over FY25–27.

  • Niva Bupa Health Insurance surges almost 10% as its Q4FY25 net profit grows 31.2% YoY to Rs 206.1 crore, helped by lower employee benefits and advertisement & publicity expenses. Revenue rises 18.6% YoY to Rs 1,564.7 crore, led by improvements in premiums from the health, personal accident and travel insurance segments. It features in a screener of stocks with high trailing twelve month (TTM) earnings per share (EPS) growth.

  • India signs a free trade agreement (FTA) with the UK, aiming to double bilateral trade by 2030. India retains duties on sensitive goods like diamonds, silver, smartphones, and optical fibres, while offering limited concessions on petrol, diesel, and EVs. Tariffs on auto and whiskey imports will drop significantly, benefiting Indian auto component makers and consumers.

  • Aadhar Housing Finance's revenue grows 20.4% YoY to Rs 832.6 crore in Q4FY25, helped by improvements in interest and fees & commission income. Net profit rises 21.3% YoY to Rs 244.8 crore during the quarter. The company appears in a screener of stocks with improving cash flow for the past two years.

  • Nomura downgrades Bank of Baroda to a ‘Neutral’ rating from ‘Buy’ and lowers the target price to Rs 235 per share. The brokerage expects the company’s net interest margins (NIMs) to stay weak in FY26, in line with FY25 levels. It also lowers its EPS estimates for FY26 and FY27 by 8% and 10%, citing lower net interest income (NII).

  • Blue Star is falling as its Q4FY25 net profit misses Forecaster estimates by 8.5% despite growing 21.2% YoY to Rs 193.6 crore. Revenue increases 20.8% YoY to Rs 4,019 crore, driven by higher sales from the commercial air conditioning systems and unitary products segments during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.

  • S&P Global warns that rising tensions between India and Pakistan could weaken both countries' credit metrics, with any escalation likely to pressure sovereign ratings. India holds a 'BBB-' rating with a positive outlook, while Pakistan is rated 'CCC+' with a stable outlook. S&P expects the current military flare-up to ease soon, followed by occasional minor clashes.

  • United Breweries' net profit grows 20.1% YoY to Rs 97.5 crore in Q4FY25. Revenue increases 7.9% YoY to Rs 2,330 crore, driven by premiumization and volume growth across Andhra Pradesh, Uttar Pradesh, Maharashtra & Assam. The firm appears in a screener of stocks where foreign institutional investors (FII) increased their stakes in Q4FY25.

  • Tata Chemicals is rising as its Q4FY25 net loss contracts to Rs 56 crore compared to Rs 850 crore in Q4FY24, helped by lower raw materials and power & fuel expenses. However, revenue declines 1.1% YoY to Rs 3,551 crore during the quarter. It appears in a screener of stocks with the lowest Trendlyne momentum scores.

  • Lupin launches eslicarbazepine acetate tablets in the US after receiving approval for its abbreviated new drug application (ANDA) from the US FDA. The tablet is used to treat seizures. According to IQVIA, the drug has annual sales of $395 million as of March 2025.

  • Private equity firm General Atlantic reportedly considers offloading around 6% of its stake in KFin Technologies via block deals. The sale will likely be priced at a 5-8% discount to the stock's closing price on May 7.

  • Symphony rises sharply as its net profit surges 64.6% YoY to Rs 79 crore in Q4FY25, helped by lower material costs. Revenue increases 47% YoY to Rs 488 crore, driven by higher sales from the air cooling and other appliances segment during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding over the past two months.

  • Coal India is rising as its Q4FY25 net profit grows 10.6% YoY to Rs 9,604 crore, helped by lower employee benefits expenses and inventory destocking. Revenue increases 5.3% YoY to Rs 41,761.8 crore, led by improvements in coal production and offtake. It features in a screener of under-the-radar stocks with good durability and valuations.

  • Voltas is rising as its net profit surges 1.1X YoY to Rs 241 crore in Q4FY25. Revenue increases 13.4% YoY to Rs 4,767.6 crore, driven by higher sales from the unitary cooling products and electro-mechanical projects & services segments during the quarter. The company appears in a screener of stocks with increasing revenue every quarter for the past two quarters.

  • Dabur India's Q4FY25 net profit declines 8.4% YoY to Rs 320.13 crore due to higher raw materials, finance and depreciation & amortisation expenses. However, revenue grows marginally by 0.9% YoY to Rs 2,971.3 crore, driven by an improvement in the consumer care business. It shows up in a screener of stocks with medium to low Trendlyne momentum scores.

  • Nifty 50 was trading at 24,404.65 (-9.8, 0.0%), BSE Sensex was trading at 80,870.22 (123.4, 0.2%) while the broader Nifty 500 was trading at 22,088.80 (16.4, 0.1%).

  • Market breadth is surging up. Of the 1,884 stocks traded today, 1,381 were on the uptick, and 461 were down.

Riding High:

Largecap and midcap gainers today include Coforge Ltd. (7,754.50, 2.0%), Schaeffler India Ltd. (3,692.70, 2.0%) and Canara Bank (95.37, 1.8%).

Downers:

Largecap and midcap losers today include Torrent Power Ltd. (1,420, -5.5%), Jubilant Foodworks Ltd. (671.85, -5.0%) and Godrej Properties Ltd. (2,030.30, -4.6%).

Crowd Puller Stocks

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

Top high volume gainers on BSE included Grindwell Norton Ltd. (1,771.30, 14.7%), KPR Mill Ltd. (1,188.85, 8.0%) and Concord Biotech Ltd. (1,484, 6.3%).

Top high volume losers on BSE were Sapphire Foods India Ltd. (299.80, -3.5%), Dabur India Ltd. (468.70, -2.8%) and Alkem Laboratories Ltd. (4,924.50, -2.2%).

Aegis Logistics Ltd. (798.45, 1.1%) was trading at 16.4 times of weekly average. Ingersoll-Rand (India) Ltd. (3,627.40, -0.8%) and Apar Industries Ltd. (6,031, 4.6%) were trading with volumes 10.2 and 8.7 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

9 stocks overperformed with 52 week highs, while 5 stocks hit their 52 week lows.

Stocks touching their year highs included - Ceat Ltd. (3,674, 1.2%), Coromandel International Ltd. (2,278.60, -1.5%) and ICICI Bank Ltd. (1,435.50, 0.0%).

Stocks making new 52 weeks lows included - Syngene International Ltd. (610.70, -1.7%) and Vedant Fashions Ltd. (723.05, -2.5%).

12 stocks climbed above their 200 day SMA including Crisil Ltd. (5,010.30, 6.6%) and Intellect Design Arena Ltd. (842.80, 3.5%). 19 stocks slipped below their 200 SMA including Devyani International Ltd. (172.61, -5.7%) and Adani Energy Solutions Ltd. (839, -3.7%).

 
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