Trendlyne Blog: , Latest on stock market and finance in India and the world.

06 May 2025

2145.00

1.99%

Kotak Bank slides on weak Q4 earnings, downgrades

Economic Times

The private lender reported a 14% dip in its standalone profit after tax (PAT) at 3,552 crore, from the same quarter last year. Net Interest Income (NII) increased to 7,284 crore for January-March, from 6,909 crore last year, up 5% in the period.

Kotak Mahindra Bank Ltd. is trading below its 30 day SMA of 2149.0

State Bank of India, Kotak Mahindra Bank shares fall on soft earnings

Business Standard | 05 May 2025 4 more

Manappuram Finance Ltd.

05 May 2025

230.73

0.92%

Bain Capital Seeks CCI Approval To Acquire Stake In Manappuram Finance

NDTV Profit

According to the proposed deal, Bain Capital through its two affiliates -- BC Asia Investments XXV and BC Asia Investments XIV -- will acquire stakes in Manappuram Finance Ltd.

Manappuram Finance Ltd. has gained 47.80% in the last 6 Months

Bain Capital seeks CCI nod to acquire stake in Manappuram Finance

Business Standard | 05 May 2025

PNB Housing Finance Ltd.

05 May 2025

1070.80

3.85%

PNB Housing Finance to ramp up affordable, emerging market loans biz in FY26, MD says

Business Line

PNB Housing Finance Ltd. has gained 44.78% in the last 1 Year

LIC Housing Finance Ltd.

05 May 2025

601.50

4.65%

India sees maiden RMBS listing; NHB expects cos to raise Rs 10K cr in FY26

Business Standard

The country's maiden residential mortgage-backed securities were listed on the market on Monday, and housing finance regulator NHB said it expects firms to raise over Rs 10,000 crore through the route this fiscal. The National Housing Bank-promoted RMBS Development Company (RDCL) listed the first-ever set of securities of Rs 1,000 crore maturing in 20 years with a coupon of 7.26 per cent payable monthly, on the NSE. NHB Managing Director and Chief Executive Sanjay Shukla said he expects up to 10 more such transactions in the fiscal year through which lenders will raise between Rs 10,000-12,000 crore. The listing done on Monday involves pass-through certificates of a pool of residential loans made by LIC Housing Finance, and the issue was fully subscribed. RDCL was set up in March by NHB to help home financiers access funding by giving up future receivables on a loan to investors. The move will also help term investors like pension funds and insurance companies will get investment .

LIC Housing Finance .. has an average target of 744.50 from 4 brokers.

Indian Energy Exchange Ltd.

05 May 2025

194.95

2.94%

Indian Energy Exchange trade volumes grow 26% to 10,584 MUs in April

Business Standard

Indian Energy Exchange (IEX) has reported a 26 per cent year-on-year (y-o-y) rise in electricity trade volumes at 10,584 million units (MUs) in April. A total of 2.90 lakh renewable energy certificates (RECs) were traded in the trading sessions held on April 9 and April 30, at a clearing price of Rs 300/REC and Rs 350/REC respectively. The next REC trading sessions are scheduled on May 14 and May 28, the country's leading electricity exchange said in a statement. In the Day-Ahead Market (DAM), IEX achieved 4,231 MU volumes in April as compared to 4,116 MU in April last year, posting a y-o-y increase of 3 per cent. The volumes in the Real-Time Electricity Market (RTM) increased by 48 per cent y-o-y to 3,893 MUs in April from 2,629 MU in same month in 2024. IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 782 MU volumes during April 2025 as compared to 402 MU in April 2024, registering an increase of 95 per cent YoY. IEX is India's prem

Indian Energy Exchange Ltd. is trading above all available SMAs

IDBI Bank Ltd.

05 May 2025

81.79

7.20%

Government To Conclude Stake Sale In IDBI Bank By End Of 2025, Says DFS Nagaraju

NDTV Profit

The Indian government is moving ahead with key asset sale plans, including the IDBI Bank stake sale as part of its broader disinvestment strategy.

IDBI Bank Ltd. is trading above its 150 day SMA of 78.7

Bajaj Finance Ltd.

05 May 2025

9018.50

4.37%

Bajaj Finance Announces TDS Rules Ahead Of Special Dividend Check Rates, Record Date And More

NDTV Profit

The last day to buy shares and be eligible is Thursday, May 8 under India's T+1 settlement cycle.

Bajaj Finance Ltd.'s price crossed above 30Day SMA today

State Bank of India

05 May 2025

801.65

2.87%

SBI's Q4 a mixed bag; FY26 core profitability to remain under pressure: Rahul Malani

Economic Times

Rahul Malani of Mirae Asset Sharekhan notes Kotak Mahindra Bank's weak quarter was expected, with a potential one-off provision. He anticipates improved core operating profitability due to strategic levers. While SBI faces core operating profitability pressure, its well-positioned balance sheet and treasury gains should sustain ROA around 1%.

State Bank of India has an average target of 954.38 from 14 brokers.

SBI Q4 Results Review: Profitability Supported By Treasury Gains, One-Offs Systematix Maintains 'Buy'

NDTV Profit | 05 May 2025

Motilal Oswal Financial Services Ltd.

05 May 2025

736.10

8.30%

OMC shares gain up to 6% on lower crude oil prices; should you buy or hold?

Business Standard

While Motilal Oswal Financial Services think the rally in OMC stocks is now entering the last phase, the brokerage firm still see a few positive catalysts.

Motilal Oswal Financial Services Ltd. is trading below its 150 day SMA of 778.8

Central Depository Services (India) Ltd.

05 May 2025

1279.00

4.96%

CDSL Share Price Declines As Underwhelming Q4 Metrics Disappoint Street

NDTV Profit

CDSL has recommended a final dividend of Rs 12.5 per equity share.

FII/FPI have decreased holdings from 17.01% to 11.32% in Mar 2025 qtr