Trendlyne Marketwatch
Trendlyne Marketwatch
25 Jun 2025, 03:56PM
Market closes higher, Reliance Infra bags a Rs 600 cr export order for ammunition from Rheinmetall
By Trendlyne Analysis

 

 

Nifty 50 closed at 25,244.75 (200.4, 0.8%), BSE Sensex closed at 82,755.51 (700.4, 0.9%) while the broader Nifty 500 closed at 23,296.85 (183.7, 0.8%). Market breadth is ticking up strongly. Of the 2,459 stocks traded today, 1,773 were in the positive territory and 645 were negative.

Indian indices closed higher after President Trump brokered a ceasefire between Iran and Israel. The Indian volatility index, Nifty VIX, fell 4.9% and closed at 13 points. Timex Group closed at its 5% lower circuit as its promoter plans to sell a 15% stake in the firm via an Offer for Sale (OFS).

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, tracking the benchmark index. Nifty Media and BSE Tech were among the best-performing indices of the day. According to Trendlyne’s sector dashboard, Textiles, Apparels & Accessories emerged as the best-performing sector of the day, with a rise of 2.7%.

European indices are trading mixed. Major Asian indices closed higher, except Indonesia’s IDX Composite index, which closed 0.6% lower. US index futures are trading mixed, indicating a cautious start to the session as investors await Federal Reserve Chair Jerome Powell’s remarks on interest rates later in the day.

  • Money flow index (MFI) indicates that stocks like Alkyl Amines Chemicals, Gland Pharma, Authum Investment, and Hyundai Motor India are in the overbought zone.

  • Reliance Infrastructure rises sharply as its subsidiary, Reliance Defence, bags an export order worth Rs 600 crore for ammunition from Rheinmetall Waffe Munition GmbH.

  • Exicom Tele-Systems rises sharply as its board of directors approves a fundraising of up to Rs 260 crore through the rights issue of equity shares.

  • Servotech Renewables secures a 16 MW grid-connected solar rooftop project from Urja Vikas Nigam in Madhya Pradesh.

  • Motilal Oswal maintains a 'Buy' rating on Federal Bank with a higher target price of Rs 250. The brokerage expects the bank to see a steady improvement in Return on Assets (RoA), with recovery beginning in FY27 and rising sharply to 1.5% by FY28. The bank targets a loan CAGR of around 17% between FY25 and FY28, while maintaining strong asset quality.

  • V-Mart Retail's board of directors allocates equity shares to shareholders in a 3:1 ratio through a bonus issue.

  • Philip Capital maintains a ‘Sell’ rating on Dixon Technologies and cuts the target price to Rs 11,077 per share. The brokerage expects rising competition in the mobile phone assembly segment to pose a risk to the company. It has reduced its FY27 revenue estimate by 4% and PAT estimate by 9%.

  • ACME Solar Holdings subsidiary, ACME Sikar Solar Private, signs a 25-year power purchase agreement with Solar Energy Corp of India for a 300 MW solar project in Sikar, Rajasthan. The project is set at a fixed tariff of Rs 3.05 per kWh.

  • India’s Ministry of Defence (MoD) finalizes 13 contracts worth Rs 1,981.9 crore under the Emergency Procurement (EP) mechanism to strengthen the Indian Army’s counter-terrorism capabilities. Sanctioned under a Rs 2,000 crore allocation, these contracts are fast-tracked to meet urgent operational requirements.

  • Emkay retains its 'Buy' call on Metro Brands with a target price of Rs 1,400 per share. This indicates a potential upside of 23.8%. The brokerage remains positive on the stock due to its expanding product portfolio, partnerships with Fila and Footlocker, and distribution agreement with Clarks. It expects the firm's revenue to grow at a CAGR of 17.6% over FY26-28.

  • Lupin receives approval from the US FDA for its abbreviated new drug application (ANDA) for Prucalopride Tablets. The drug is a bioequivalent to Takeda Pharma's Motegrity Tablets, used to treat chronic idiopathic constipation (CIC) in adults. As of April 2025, the drug has an estimated market size of $184 million, according to IQVIA.

  • Multi Commodity Exchange of India rises sharply to hit an all-time high of Rs 8,808 after UBS raises its target price to Rs 10,000 from Rs 7,000, while maintaining a ‘Buy’ rating. The brokerage expects increased volatility in key commodities to drive higher trading volumes and sees improved pace and visibility of new product launches.

  • Citi maintains a 'Buy' rating on Reliance industries with a higher target price of Rs 1,585. The brokerage highlights that while the market remains focused on the next round of tariff hikes, it is overlooking several structural growth drivers that offer a long-term growth runway for the Indian telecom sector, particularly for Jio. It expects Jio Platforms to deliver a consolidated EBITDA CAGR of 16% over the next three years and values the business at an enterprise value of $135 billion.

  • Indian Railway Catering & Tourism Corp rises as Indian Railways is reportedly set to hike passenger fares from July 1. The revision includes a 1 paise/km hike for non-AC and 2 paise/km for AC classes.

  • L&T Technology Services secures Rs 417 crore ($50 million) five-year deal from an energy company to provide enterprise data and digital services.

  • Arisinfra Solutions’ shares debut on the bourses at a 7.7% discount to the issue price of Rs 222. The Rs 499.6 crore IPO received bids for 2.6 times the total shares on offer.

  • Defence stocks see sharp losses as hopes for increased order inflows fade amid a potential Iran-Israel ceasefire. The Nifty Defence index drops by 1.4%, marking its second straight session of decline.

  • Nuvama upgrades IndiaMART Intermesh to a 'Buy' rating with a higher target price of Rs 3,800 per share. The brokerage expects the company's subscriber additions to improve from Q2 or Q3, and it has raised its profit estimates to grow 9% in FY26.

  • KEC International rises sharply as it secures new orders worth Rs 1,236 crore for high-rise residential projects in Western India. The contracts, awarded by reputed real estate developers, involve developing over 50 lakh square feet of residential space along with related infrastructure.

  • Bajel Projects surges to its 5% upper circuit as it bags a large order worth Rs 100–200 crore for the establishment of a 400kV substation.

  • Walmart CEO Doug McMillon says the company is expanding its sourcing from India beyond a few limited categories as it strengthens its focus on MSME empowerment and digital growth. He notes that what began with a narrow range of products has grown significantly, with a goal to reach $10 billion in annual sourcing from India.

  • Timex Group falls as promoter plans to sell a 15% stake in the firm via the Offer for Sale (OFS) route. The floor price for the offer is Rs 175 per share.

  • Aurobindo Pharma is rising as its subsidiary, CuraTeQ Biologics, receives approval from the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) to market Dyrupeg. The drug is used for the treatment of neutropenia in patients with cancer.

  • J B Chemicals & Pharmaceuticals receives approval from the US Food and Drug Administration (US FDA) for its abbreviated new drug application (ANDA) for Amitriptyline Hydrochloride Tablets, used to treat symptoms of depression. As of 2024, the drug has a global market size of approximately $1.2 billion.

  • Hindalco Industries signs an agreement to acquire US-based AluChem Companies for $125 million (approximately Rs 1,075 crore) via its step-down subsidiary, Aditya Holdings, to strengthen its global specialty alumina portfolio.

  • Nifty 50 was trading at 25,161.85 (117.5, 0.5%), BSE Sensex was trading at 82,448.80 (393.7, 0.5%) while the broader Nifty 500 was trading at 23,217.30 (104.1, 0.5%).

  • Market breadth is ticking up strongly. Of the 1,984 stocks traded today, 1,559 were on the uptrend, and 381 went down.

Riding High:

Largecap and midcap gainers today include Page Industries Ltd. (48,250, 4.3%), Kalyan Jewellers India Ltd. (540.35, 3.8%) and Titan Company Ltd. (3,652.20, 3.6%).

Downers:

Largecap and midcap losers today include Bharat Electronics Ltd. (406.05, -3.0%), Mazagon Dock Shipbuilders Ltd. (3,192.70, -2.7%) and Dixon Technologies (India) Ltd. (14,165, -2.4%).

Crowd Puller Stocks

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

Top high volume gainers on BSE included Kirloskar Brothers Ltd. (2,161, 16.4%), Network18 Media & Investments Ltd. (61.82, 15.2%) and Sammaan Capital Ltd. (143.50, 15.1%).

Top high volume loser on BSE was Pidilite Industries Ltd. (2,998.90, -0.1%).

Star Health and Allied Insurance Company Ltd. (430.10, 0.5%) was trading at 31.5 times of weekly average. IndiaMART InterMESH Ltd. (2,660.60, 6.6%) and Welspun Living Ltd. (139.82, 6.5%) were trading with volumes 14.1 and 12.3 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

12 stocks made 52 week highs, while 1 stock hit their 52 week lows.

Stocks touching their year highs included - Bharti Airtel Ltd. (1,965.60, 1.7%), EID Parry (India) Ltd. (1,055, 8.7%) and Fortis Healthcare Ltd. (779.80, 1.9%).

Stock making new 52 weeks lows included - Aditya Birla Lifestyle Brands Ltd. (156, 1.9%).

40 stocks climbed above their 200 day SMA including Kirloskar Brothers Ltd. (2,161, 16.4%) and Network18 Media & Investments Ltd. (61.82, 15.2%). 7 stocks slipped below their 200 SMA including Oil India Ltd. (441.10, -1.1%) and Vedanta Ltd. (441.95, -0.9%).

 
More from Trendlyne Marketwatch
Recommended
Market closes higher, Reliance Infra bags a Rs 600 cr export order for ammunition from Rheinmetall
Trendlyne Marketwatch | 25 Jun 2025, 03:56PM
Five stocks to buy from analysts this week - June 25, 2025
The Baseline | 25 Jun 2025, 11:20AM
Markets close higher, Rakesh Jhunjhunwala buys a 2.2% stake in Indiabulls Housing Finance
Trendlyne Marketwatch | 22 Jul 2021