Trendlyne Marketwatch
Trendlyne Marketwatch
12 May 2025, 04:03PM
Market closes higher, Triveni Turbine's Q4 net profit grows 23.6% YoY to Rs 93.9 crore
By Trendlyne Analysis

 

 

Nifty 50 closed at 24,924.70 (916.7, 3.8%), BSE Sensex closed at 82,429.90 (2,975.4, 3.7%) while the broader Nifty 500 closed at 22,511.40 (835.9, 3.9%). Market breadth is overwhelmingly positive. Of the 2,465 stocks traded today, 2,226 were on the uptrend, and 214 went down.

Indian indices closed 3.8% higher after India and Pakistan made a ceasefire agreement following days of drones and missile attacks across the border. The Indian volatility index, Nifty VIX, fell 15% and closed at 18.4 points. Birla Corp closed 20% higher as its Q4FY25 net profit grew 32.7% YoY to Rs 256.6 crore, helped by lower raw materials, employee benefits, finance, power & fuel, and transport & forwarding expenses. Revenue rose 6.7% YoY to Rs 2,863.1 crore.

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. BSE IT Sector and Nifty Realty were the best-performing indices of the day. According to Trendlyne’s sector dashboard, Telecommunications Equipment emerged as the best-performing sector of the day, with a rise of 6.5%.

European indices are trading higher, except Switzerland’s SMI index, which is trading flat. Major Asian indices closed in the green. US index futures are trading higher, indicating a positive start to the session after the US and China enter a trade deal, agreeing to a 30% tariff on Chinese goods and a 10% tariff on US goods.

  • Relative strength index (RSI) indicates that stocks like Ceat, RR Kabel, KPR Mill and Elecon Engineering are in the overbought zone.

  • Jupiter Life Line Hospitals' Q4FY25 net profit falls marginally by 0.9% YoY to Rs 44.9 crore due to higher finance costs. However, revenue increases 12.5% YoY to Rs 326.7 crore, driven by higher occupancy across its hospital units during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.

  • LTIMindtree rises sharply as it secures a $450 million, seven-year deal from a global agribusiness firm. The company will deliver AI-powered application management, infrastructure support, and cybersecurity services.

  • Triveni Turbine is surging as its Q4FY25 net profit grows 23.6% YoY to Rs 93.9 crore, helped by inventory destocking. Revenue rises 17.4% YoY to Rs 557.9 crore, attributed to improvements in the domestic and export segments. It features in a screener of stocks with increasing revenue for the past eight quarters.

  • Nomura maintains its 'Buy' rating on Larsen & Toubro but lowers the target price to Rs 3,670. The brokerage notes that while L&T's core operational performance was largely in line, the outlook for core margins remains subdued.

  • Shakti Pumps' Q4FY25 net profit grows 22.9% YoY to Rs 110.2 crore. Revenue increases 9.8% YoY to Rs 669.8 crore, driven by an improvement in the Indian market. It shows up in a screener of stocks with the highest recovery from their 52-week lows.

  • Sun Pharma is falling as US President Donald Trump plans to sign an executive order on Monday to cut drug prices by 30-80% with immediate effect. Sun Pharma makes 32% of its total revenue from the US market.

  • Adani Power rises sharply as it secures an order from Uttar Pradesh Power Corp (UPPCL) to supply 1,500 MW of thermal power for 25 years from its upcoming 1,600 MW thermal power project in Uttar Pradesh.

  • ideaForge Technology jumps over 6% to a three-month high amid rising expectations of increased defence spending due to India-Pakistan geopolitical tensions. Porinju Veliyath, Founder & CEO of Equity Intelligence India, says the strong performance of Indian defence firms highlights their indigenous capabilities, positioning India as a potential major exporter of defence equipment.

  • Thermax is rising as its net profit grows 8.1% YoY to Rs 205.7 crore in Q4FY25. Revenue increases 11.6% YoY to Rs 3,084.9 crore, helped by higher sales from the industrial products, industrial infra and green solutions segments during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • NTPC Green Energy's board appoints Sarit Maheshwari as the new Chief Executive Officer (CEO), succeeding Rajiv Gupta, effective May 10.

  • Cyient DLM's Chief Executive Officer (CEO), Anthony Montalbano, tenders his resignation, effective May 8. The board assigns Managing Director Rajendra Velagapudi to assume responsibility for overall operations over the next few weeks.

  • Ashu Shinghal, MD of Mahanagar Gas, says CNG and industrial demand have driven volume growth. He expects around 10% volume growth in FY26 and forecasts EBITDA/scm to range between Rs 9-10.5 in the coming quarters. He adds that the administered pricing mechanism (APM) gas allocation has been reduced to 36% for CNG against 70% in early 2024. Shinghal also highlights a Rs 100 crore investment in a three-wheeler manufacturing company.

  • Manappuram Finance reports a net loss of Rs 191.2 crore in Q4FY25, compared to a net profit of Rs 561.5 crore in Q4FY24 due to a sharp rise in impairment on financial instruments. However, revenue grows marginally by 0.5% YoY to Rs 2,359.7 crore, owing to an improvement in the gold loans segment. The company appoints Deepak Reddy as Chief Executive Officer (CEO), effective August 1, succeeding Nandakumar VP.

  • Yes Bank rises as Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) acquires a 20% stake from State Bank of India for Rs 13,483 crore. The deal is valued at Rs 21.5 per share, a 7.5% premium over Friday's closing price.

  • Birla Corp surges almost 20% as its Q4FY25 net profit grows 32.7% YoY to Rs 256.6 crore, helped by lower raw materials, employee benefits, finance, power & fuel, and transport & forwarding expenses. Revenue rises 6.7% YoY to Rs 2,863.1 crore, led by an improvement in the cement segment. It features in a screener of stocks with dividend yields greater than their sector dividend yield.

  • Motilal Oswal upgrades Aurobindo Pharma to a 'Buy' rating with a target price of Rs 1,360. The brokerage notes the company's focus on high-growth segments to drive long-term growth. The firm is also expanding its US generics portfolio with limited-competition products. It projects a 10% revenue CAGR for FY25–27.

  • Puravankara is rising as it forms a joint venture(JV) with KVN Property Holdings to develop a 24.5-acre land parcel in North Bengaluru. The project has a gross development value (GDV) of Rs 3,300 crore.

  • Reliance Power reports a net profit of Rs 125.6 crore in Q4FY25, compared to a loss of Rs 397.5 crore in Q4FY24, driven by lower expenses. Revenue declines 5.8% YoY to Rs 2,065.6 crore. The company features in a screener of stocks where foreign institutional investors (FIIs) increased their stakes in Q4FY25.

  • ABB India's net profit grows 3.3% YoY to Rs 474.6 crore in Q1CY25. Revenue increases 2.6% YoY to Rs 3,251.8 crore, driven by improvements in the electrification, railway, and robotics automation segments. The firm features in a screener of stocks where mutual funds increased their stakes in the past quarter.

  • Tourism-linked stocks like InterGlobe Aviation, IRCTC, and Ixigo are rising after India and Pakistan paused military action along the border over the weekend. These stocks also gain momentum as the Indian Air Force instructs the cancellation of the Notice to Airmen (NOTAM) regarding the closure of 32 airports.

  • Swiggy is falling as its Q4FY25 net loss expands 94.9% YoY to Rs 1,081.2 crore due to higher inventory, employee benefits, finance, advertising & sales promotion, and delivery & related expenses. However, revenue grows 44.1% YoY to Rs 4,530.7 crore, driven by improvements in the food delivery, out-of-home consumption, quick-commerce, and supply-chain & distribution segments. It shows up in a screener of stocks with falling return on capital employed (RoCE).

  • Bank of India is rising as its net profit grows 82.5%% YoY to Rs 2,625.9 crore in Q4FY25 due to lower provisions and contingencies. Revenue increases 13.4% YoY to Rs 18,323.2 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 171 bps and 40 bps YoY, respectively.

  • Great Eastern Shipping is falling as its Q4FY25 net profit declines 59.9% YoY to Rs 363.1 crore due to higher consumption of spares & stores, and depreciation & amortisation expenses. Revenue decreases 20.5% YoY to Rs 1,373.2 crore, caused by reductions in the shipping segment. It appears in a screener of stocks with declining revenue for the past three quarters.

  • Dr. Reddy's Laboratories is rising as its net profit grows 21.6% YoY to Rs 1,593.3 crore in Q4FY25. Revenue increases 19.9% YoY to Rs 8,528.4 crore, driven by higher sales from the global generics and pharmaceutical services & active ingredients segments during the quarter. The company appears in a screener of stocks with increasing revenue every quarter for the past four quarters.

  • The market opened on an upbeat note. Nifty 50 was trading at 24,561.40 (553.4, 2.3%), BSE Sensex was trading at 81,112.58 (1658.1, 2.1%) while the broader Nifty 500 was trading at 22,228.45 (552.9, 2.6%)

  • Market breadth is overwhelmingly positive. Of the 2,061 stocks traded today, 1,930 were in the positive territory and 94 were negative.

Riding High:

Largecap and midcap gainers today include Rail Vikas Nigam Ltd. (359.45, 11.3%), Escorts Kubota Ltd. (3,413.10, 9.0%) and Oracle Financial Services Software Ltd. (8,714, 9.0%).

Downers:

Largecap and midcap losers today include IndusInd Bank Ltd. (788.50, -3.6%), Sun Pharmaceutical Industries Ltd. (1,686.20, -3.4%) and United Breweries Ltd. (2,119.80, -2.5%).

Crowd Puller Stocks

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

Top high volume gainers on BSE included Birla Corporation Ltd. (1,268.80, 20.0%), Cera Sanitaryware Ltd. (6,614.50, 13.4%) and Rail Vikas Nigam Ltd. (359.45, 11.3%).

Top high volume losers on BSE were Jyothy Labs Ltd. (350.80, -4.3%), Sun Pharmaceutical Industries Ltd. (1,686.20, -3.4%) and Bank of India (110.09, -0.1%).

C.E. Info Systems Ltd. (1,950, 6.1%) was trading at 11.2 times of weekly average. The Ramco Cements Ltd. (952.30, 1.4%) and Triveni Turbine Ltd. (559.50, 8.5%) were trading with volumes 9.2 and 8.7 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks took off, crossing 52 week highs,

Stocks touching their year highs included - Ceat Ltd. (3,750, -0.4%), Coromandel International Ltd. (2,424.50, 3.5%) and ICICI Bank Ltd. (1,448.50, 4.3%).

52 stocks climbed above their 200 day SMA including Birla Corporation Ltd. (1,268.80, 20.0%) and Aavas Financiers Ltd. (1,874.90, 9.2%).

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