Trendlyne Marketwatch
Trendlyne Marketwatch
29 May 2025, 04:09PM
Market closes higher, Alkem Labs' Q4 net profit rises 4.2% YoY to Rs 305.9 crore
By Trendlyne Analysis

 

 

Nifty 50 closed at 24,833.60 (81.2, 0.3%), BSE Sensex closed at 81,633.02 (320.7, 0.4%) while the broader Nifty 500 closed at 22,861.35 (82.0, 0.4%). Market breadth is holding steady. Of the 2,435 stocks traded today, 1,175 were in the positive territory and 1,222 were negative.

Indian indices closed higher after rising in the afternoon session. The Indian volatility index, Nifty VIX, fell 8.9% and closed at 16.4 points. RBI’s 2024-25 Annual Report projects GDP growth at 6.5% for FY26, maintaining India’s position as the fastest-growing major economy. Growth is expected to be driven by strong demand and capital expenditure.

Nifty Smallcap 100 and Nifty Midcap 100 closed higher, following the benchmark index. Nifty Midcap Liquid 15 and Nifty Metal Indices were among the top index gainers today. According to Trendlyne’s sector dashboard, Telecommunications Equipment emerged as the top-performing sector of the day, with a rise of 3.5%.

Asian indices closed higher, except for Malaysia’s KLCI and Indonesia’s IDX Composite, which closed lower. European indices are trading higher. US index futures are trading higher, indicating a positive start to the trading session after a US court blocked most of President Trump’s “reciprocal” tariffs. Brent crude futures are trading higher after rising 1.2% on Wednesday.

  • Infosys sees a long buildup in its May 29 futures series, with open interest increasing by 61.3% and a put-call ratio of 0.5.

  • Alkem Laboratories is falling as its Q4FY25 net profit misses Forecaster estimates by 18% despite growing 4.2% YoY to Rs 305.9 crore due to lower raw materials and inventory expenses. Revenue increases 8.8% YoY to Rs 3,289.7 crore, driven by improvements in the Indian and international markets. It shows up in a screener of stocks with declining net cash flow.

  • Samvardhana Motherson International is rising as its revenue grows 6.6% YoY to Rs 29,316.8 crore in Q4FY25, helped by improvements in the wiring harness and modules & polymer products segments. However, net profit falls 23.4% YoY to Rs 1,050.5 crore due to higher inventory and employee benefits expenses. The company features in a screener of stocks with RoCE improving over the past two years.

  • Reliance Power rises sharply as its unit, Reliance NU Energies, wins a 350 MW solar power project with a 175 MW/700 megawatt-hour battery energy storage system (BESS) from Satluj Jal Vidyut Nigam (SJVN).

  • Crompton Greaves Consumer Electricals (CG Consumer) and TeamLease Services are among the top stocks with the highest mutual fund shareholding in India during Q4FY25. CG Consumer Electricals holds the highest shareholding, at 47.4%, while TeamLease Services follows with 45.4%.

  • Tata Chemicals' Director and Chairman, N Chandrasekaran, tenders his resignation, effective May 29. The company's board of directors appoints S Padmanabhan as its Chairman, effective May 30.

  • Waaree Energies rises sharply as its wholly-owned subsidiary, Waaree Solar Americas, secures a $176 million (approximately Rs 1,503 crore) order from a US-based solar project developer to supply 586 MW of solar modules.

  • Texmaco Rail & Engineering is rising as it bags an order worth Rs 140.6 crore from the Ministry of Railways to manufacture and supply eight rakes of flat multi-purpose wagons in the next six months.

  • A recent ICICI Bank report estimates a 7% YoY growth in India’s economy in Q4FY25. The report highlights stronger growth momentum in the second half of the fiscal year, driven by increased government spending, rising rural demand, domestic travel, and services exports.

  • Nuvama Wealth Management rises as its Q4FY25 net profit grows 41.3% YoY to Rs 255.4 crore, owing to lower fee & commission and depreciation & amortisation expenses. Revenue jumps 21.1% YoY to Rs 1,124.8 crore, driven by improvements in the wealth management, asset management and capital markets segments. It appears in a screener of stocks with prices above short, medium and long-term moving averages.

  • Balaji Amines falls as its net profit declines 41% YoY to Rs 40.1 crore in Q4FY25 due to higher inventory and depreciation & amortization expenses. Revenue decreases 14.8% YoY to Rs 352.7 crore owing to weak performance in the amines & speciality chemicals segment. It shows up in a screener of stocks with decreasing revenue every quarter for the past three quarters.

  • Gensol Engineering is falling as the National Company Law Tribunal (NCLT) reportedly permits the Government to freeze the company's and its subsidiaries' bank accounts and lockers.

  • Jefferies initiates coverage on Jindal Stainless with a 'Buy' rating and a target price of Rs 800, reflecting optimism about its position in India’s fast-growing stainless steel market. It expects Jindal Stainless to deliver a 10% volume CAGR and 21% EPS CAGR over FY25-27, with a 17% return on equity. The brokerage highlights the company’s stronger balance sheet than its carbon steel peers and lower EBITDA/tonne volatility.

  • Bata India is falling as its net profit declines 27.9% YoY to Rs 45.9 crore in Q4FY25 due to lower sales and higher employee benefit and depreciation & amortisation expenses. Revenue decreases 1.2% YoY to Rs 788.2 crore during the quarter. The company appears in a screener of stocks underperforming their industry price change in the quarter.

  • Birlasoft is falling as its Q4FY25 revenue declines 3.4% QoQ to Rs 1,336.8 crore, attributed to reductions in the banking, financial services & insurance (BFSI), manufacturing, and life sciences & services segments. However, net profit grows 4.4% QoQ to Rs 122.1 crore, helped by lower employee benefits and finance costs. It shows up in a screener of stocks with decreasing promoter holding.

  • Deepak Nitrite rises sharply as its net profit beats Forecaster estimates by 45.9% despite falling 20.3% YoY to Rs 202.4 crore in Q4FY25 due to higher raw materials, inventory, employee benefits, and finance costs. Revenue grows 2.5% YoY to Rs 2,179.7 crore, led by an improvement in the phenolics segment. It shows up in a screener of stocks with zero promoter pledges.

  • RBI's 2024-25 annual report states that headline consumer inflation remains 'benign' and is expected to align with the 4% target within a year. However, it warns that global trade uncertainty, geopolitical tensions, and market volatility could threaten growth and increase inflation. The report notes that Indian banking is resilient, but global uncertainties underscore the importance of proactive risk management.

  • Natco Pharma is rising as its net profit grows 5.3% YoY to Rs 406.6 crore in Q4FY25. Revenue increases 14.3% YoY to Rs 1,221 crore, driven by higher sales from the pharmaceuticals and agrochemicals segments during the quarter. The company appears in a screener of stocks with net profit growth and improving profit margins (QoQ).

  • HG Infra Engineering secures a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam to set up a standalone battery energy storage system in Gujarat with a 300 MW/600 MWh capacity.

  • Cummins India rises as its Q4FY25 net profit beats Forecaster estimates by 8.7% despite falling 1.5% YoY to Rs 529.5 crore due to higher raw materials, employee benefits, and depreciation & amortisation expenses. However, revenue grows 7.4% YoY to Rs 2,596.9 crore, driven by improvements in the engines and lubes segments. It features in a screener of stocks with return on capital employed (RoCE) over the past two years.

  • SEBI issues an order against IndusInd Bank over insider trading allegations involving its former top executives. Five key management personnel, including former MD and CEO Sumant Kathpalia, former Deputy CEO Arun Khurana, and three other officials, are barred from buying, selling, or dealing in securities in any manner, directly or indirectly, until further notice.

  • Avanti Feeds rises sharply as its net profit surges 45.8% YoY to Rs 151.8 crore in Q4FY25, helped by inventory destocking. Revenue increases 7.9% YoY to Rs 1,385.1 crore, driven by higher sales from the shrimp feed, processed shrimp, and shrimp hatchery segments. The company appears in a screener of stocks outperforming their industry price change in the quarter.

  • Welspun Corp rises sharply as its Q4FY25 net profit surges 160.1% YoY to Rs 698.3 crore, led by exceptional gains of Rs 476.5 crore from the sale of a 74% stake in its arm, Nauyaan Shipyard. However, revenue declines 12.7% YoY to Rs 3,966.9 crore due to lower steel sales. It appears in a screener of affordable stocks with high return on equity (RoE) and momentum.

  • Indian Railway Catering & Tourism Corporation is rising as its net profit grows 26.1% YoY to Rs 358.2 crore in Q4FY25, helped by an exceptional gain of Rs 45.7 crore. Revenue increases 9.9% YoY to Rs 1,268.5 crore, driven by higher sales from the Rail Neer, internet ticketing and tourism segments during the quarter. The company appears in a screener of stocks where mutual funds increased their shareholding in the past month.

  • Steel Authority of India's (SAIL's) Q4FY25 net profit grows 11.1% YoY to Rs 1,251 crore, helped by lower raw material costs and exceptional losses. Revenue increases 4.7% YoY to Rs 29,613.7 crore, driven by improvements in the IISCO and alloy steel plants. It features in a screener of stocks with rising net cash flow and cash from operating activities.

  • Nifty 50 was trading at 24,847.95 (95.5, 0.4%), BSE Sensex was trading at 81,591.03 (278.7, 0.3%) while the broader Nifty 500 was trading at 22,866.20 (86.8, 0.4%).

  • Market breadth is ticking up strongly. Of the 2,007 stocks traded today, 1,374 showed gains, and 577 showed losses.

Riding High:

Largecap and midcap gainers today include Cummins India Ltd. (3,169.40, 6.5%), Deepak Nitrite Ltd. (2,100.40, 5.0%) and Jindal Stainless Ltd. (669.20, 3.4%).

Downers:

Largecap and midcap losers today include Coromandel International Ltd. (2,308.90, -4.2%), United Breweries Ltd. (2,004.40, -2.7%) and GlaxoSmithKline Pharmaceuticals Ltd. (3,263.40, -2.5%).

Volume Rockets

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

Top high volume gainers on BSE included MMTC Ltd. (81.11, 16.8%), Welspun Corp Ltd. (895, 10%) and Cummins India Ltd. (3,169.40, 6.5%).

Top high volume losers on BSE were Cohance Lifesciences Ltd. (1,066.50, -3.8%), FDC Ltd. (442.85, -3.0%) and RHI Magnesita India Ltd. (458.85, -2.0%).

Castrol India Ltd. (218.24, 5.7%) was trading at 23.2 times of weekly average. Asahi India Glass Ltd. (765.40, 6.0%) and Varroc Engineering Ltd. (512.15, 1.2%) were trading with volumes 11.9 and 10.4 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks overperformed with 52 week highs, while 1 stock hit their 52 week lows.

Stocks touching their year highs included - Deepak Fertilisers & Petrochemicals Corporation Ltd. (1,519.50, 5.2%), Solar Industries India Ltd. (16,249, 0.8%) and Welspun Corp Ltd. (895, 10%).

Stock making new 52 weeks lows included - Aditya Birla Fashion and Retail Ltd. (87.50, 0.6%).

24 stocks climbed above their 200 day SMA including MMTC Ltd. (81.11, 16.8%) and Castrol India Ltd. (218.24, 5.7%). 17 stocks slipped below their 200 SMA including United Breweries Ltd. (2,004.40, -2.7%) and Escorts Kubota Ltd. (3,302.20, -2.1%).

 
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