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Stock Market today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 16 May 2025.
Today’s Top Technical Indicators
* Nifty Bank prediction today: Index retains positive bias
* Nifty Prediction Today: Resistance ahead. Go long on a break above it
* Put-Call Ratio surged from 0.73 to 1.08, signalling a strong shift toward bullish sentiment.
* India VIX dropped 1.93% to 16.89, indicating cooling volatility and rising investor confidence.
* Max Pain remains at 24,850, suggesting the market is awaiting a decisive breakout.
* Call writers were forced to unwind and shift higher, confirming bullish momentum at play.
* OI build-up seen at 24,800–25,000 levels, providing strong support for Nifty’s upmove.
* Put writers aggressively added positions at higher strikes, showing growing bullish conviction.
* The derivatives setup now favours bulls as resistance shifts to higher levels.
- 17:11 | May 16, 2025
Stock market live updates: Tech giants pull markets down as Sensex, Nifty close lower; defence stocks shine
Benchmark indices closed marginally lower on Friday after Thursday’s strong rally, with major IT stocks dragging markets down, while the defence and consumer sectors showed strength. The BSE Sensex ended 200.15 points or 0.24 per cent lower at 82,330.59, while the Nifty 50 slipped 42.30 points or 0.17 per cent to close at 25,019.80.
Tech giants pull markets down as Sensex, Nifty close lower; defence stocks shine
Benchmark indices close lower after IT stocks drag markets, while defence and consumer sectors show strength. Market breadth remains positive.
- 16:53 | May 16, 2025
Stock market live updates: Magellanic Cloud stock declines despite reporting 6.5% revenue growth
Magellanic Cloud Ltd stock closed at $75.41 on Friday, down 0.99 points (-1.30 per cent), despite the company reporting positive annual financial results for FY24-25.
The technology enterprise announced a 6.57 per cent year-on-year revenue increase to ₹597.23 crore, up from ₹560 crore in FY24. EBITA grew 4.22 per cent to ₹209.67 crore, with an improved margin of 35.11 per cent. The company posted a profit after tax of ₹102.73 crore, representing a 17.20 per cent PAT margin.
Magellanic Cloud stock declines despite reporting 6.5% revenue growth
Magellanic Cloud Ltd stock closes at $75.41, despite positive financial results, including revenue increase and global expansion.
- 16:37 | May 16, 2025
Stock market live news: Rupee rises 1 paisa to settle at 85.53 against US dollar
The rupee rose 1 paisa to settle at 85.53 (provisional) against the greenback on Friday on the back of strong FII inflows and a marginal decline in the dollar index.
The rupee’s gain was curtailed due to higher Brent crude prices, negative domestic equity markets, and government data that showed the country’ trade deficit widening in April, according to forex traders.
Rupee rises 1 paisa to settle at 85.53 against US dollar
Rupee strengthens against dollar on FII inflows, but gains limited by higher crude prices and trade deficit widening.
- 16:18 | May 16, 2025
Stock market live updates: Vodafone Idea Ltd has informed the exchange about acquisition of 26 per cent stake in the equity share capital of Sangli Wind Energy Pvt Ltd
- 15:47 | May 16, 2025
Stock market live news: Texmaco Rail & Engg consolidated net profit at ₹39.77 crore in March quarter, as against ₹45.32 crore in same previous quarter. Dividend of ₹75 per share has been approved.
- 15:39 | May 16, 2025
Stock market live updates today: The Sensex closed 200.15 points or 0.24% lower at 82,330.59, and the Nifty 50 slipped 42.30 points or 0.17 per cent to 25,019.80.
- 15:32 | May 16, 2025
Stock Market Live Updates: * Sanjay Kumar, CEO & MD, Rassense Pvt Ltd on India’s Trade Data for April 2025*
“While the overall export trend draws a modest picture, the stellar increase in export of natural produce, marine products and meat, dairy and poultry products underline the resilience and dominance of the Indian agrarian economy. The widening trade deficit and uneven performance point towards a need for a robust supply chain backed by export incentives.
As the world absorbs jitters for Trump Tariff and the volatility of geopolitical tensions, India has a golden opportunity to this challenge into an opportunity by capitalizing on its high-performing sectors, foster bilateral trade agreements and most importantly, empower the domestic players with data-driven processes allowing swift clearances, which will not just boost export but also strengthen India in its goal towards a self-reliant economy.
A more robust implementation of PLI and NAP schemes can help drive down production costs further to enable Indian exports to be more competitive, even for manufactured goods.”
- 15:30 | May 16, 2025
Stock Market Live Updates: Sterlite Technologies stock traded at ₹76.55 on the NSE, higher by 10.81%
Sterlite Technologies reported its consolidated net loss for the quarter ended March 2025 at ₹40 crore as against ₹82 crore loss in the corresponding quarter last year.
Revenue increased to ₹1,052 crore in the quarter under review as against ₹543 crore in the corresponding quarter last year.
- 15:30 | May 16, 2025
Stock Market Live Updates: BHEL net profit rises to ₹504.45 crore in March quarter
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Friday posted a 3 per cent rise in its consolidated net profit to Rs 504.45 crore in the March quarter compared to a year ago, mainly due to higher revenues from industry business.
BHEL net profit rises to ₹504.45 crore in March quarter
BHEL reports 3% rise in net profit to Rs 504.45 crore in March quarter, driven by higher industry revenues.
- 15:20 | May 16, 2025
Stock Market Live Updates: Sammaan Capital reported its consolidated net profit for the quarter ended March 2025 at ₹324.04 crore as against ₹319.43 crore in the corresponding quarter last year.
Stock traded flat on the NSE at ₹125.99.
- 15:19 | May 16, 2025
Stock Market Live Updates: Stocks advanced on BSE at 3.12 pm on May 16, 2025, were 2,575 against 1,370 stocks that declined, and 154 remained unchanged.
Total stocks traded were 4,099. The number of stocks that recorded a 52-week high was 80, and those that hit a 52-week low was 26. A total of 329 stocks traded in the upper circuit, and 130 in the lower circuit.
- 15:19 | May 16, 2025
Stock Market Live Updates: Prabha Energy has commenced its commercial production of Natural Gas as joint operator from North Karanpura CBM Block.
- 15:17 | May 16, 2025
Stock Market Live Updates: Hyundai Motor India shares traded flat on the NSE at ₹1,842.
Hyundai Motor India reported its consolidated profit after tax for the quarter ended March 2025 at ₹1614.34 crore as against ₹1677.17 crore in the corresponding quarter last year.
Board recommended final dividend of ₹21
- 15:16 | May 16, 2025
Stock Market Live Updates: Emami reported its consolidated net profit for the quarter ended March 2025 at ₹162.17 crore as against ₹148.90 crore in the corresponding quarter last year.
Board declared payment of special dividend of ₹2 per share. Record date May 22.
Shares gained 1% on the NSE to ₹636.25.
- 14:36 | May 16, 2025
Stock Market Live Updates: Bharat Heavy Electricals stock up 3.84% on the NSE to ₹255.11.
Bharat Heavy Electricals reported consolidated net profit for the quarter ended March 2025 at ₹504.45 crore as against ₹489.62 crore in the corresponding quarter last year.
In FY25, its profit soared to ₹533.90 crore as against ₹282.22 crore in FY24
Board has recommended dividend of ₹0.50 per share.
- 14:27 | May 16, 2025
Stock Market Live Updates: Nucleus Software Exports reported consolidated net profit for the quarter ended March 2025 at ₹64.77 crore as against ₹52.14 crore in the corresponding quarter last year
Board has recommended dividend of ₹12.50 per share.
Stock hit upper circuit on the NSE at ₹1,186.25 (20% higher).
- 14:22 | May 16, 2025
Stock Market Live Updates: RBI to discuss liquidity management with lenders
Reserve Bank of India (RBI) will meet lenders next week to discuss potential changes to the way it manages funds in the financial system, people familiar with the matter said, as it seeks to ensure its rate decisions are effectively passed through to the broader economy.
RBI to discuss liquidity management with lenders
Get insights on India's economic powerhouse and RBI's potential changes in managing funds in the financial system.
- 14:21 | May 16, 2025
Stock Market Live Updates: Thomas Cook India enters EU Market with Cyprus office
Thomas Cook India has established its first European Union presence by opening an office in Nicosia, Cyprus, the company announced today. The new subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro), will initially focus on serving business travellers from multinational and India-based corporations with European operations.
Thomas Cook India enters EU Market with Cyprus office
Thomas Cook India expands into EU with Cyprus office, targeting business travellers and leveraging European pricing advantages.
- 14:00 | May 16, 2025
Stock Market Live Updates: Matrimony.com reports 5% quarterly billing growth amid revenue decline
Matrimony.com Limited announced a 5 per cent quarter-on-quarter increase in billing to ₹114.8 crores for Q4 ending March 31, 2025, despite reporting a 5.3 per cent year-on-year decline. Revenue for the quarter fell by 2.8 per cent sequentially and 9.1 per cent annually to ₹108.3 crore.
Matrimony.com reports 5% quarterly billing growth amid revenue decline
Matrimony.com Limited reports increase in Q4 billing despite annual decline, with shares trading up on NSE.
- 13:52 | May 16, 2025
Stock Market Live Updates: Kaynes Technology shares in focus following 43% increase in Q4 profit
Shares of Kaynes Technology India rallied 8.5 per cent in early trade following strong Q4 results.
Its consolidated net profit for the quarter ended March 2025 zoomed 43 per cent y-o-y to ₹116.20 crore as against 81.25 crore in the corresponding quarter last year.
Kaynes Technology Shares in focus as net profit rises 43% to ₹116.20 cr
Shares of Kaynes Technology India rallied 8.5% in early trade following strong Q4 results. Its consolidated net profit for the quarter ended March 2025 zoomed 43% to ₹116.20 crore.
- 13:46 | May 16, 2025
Stock Market Live Updates: NAVA reported consolidated net profit for the quarter ended March 2025 at ₹234.40 crore as against ₹206.18 crore in the corresponding quarter last year.
Board has recommended dividend of ₹6 per share.
Stock traded flat on the NSE at ₹476
- 13:45 | May 16, 2025
Stock Market Live Updates: LTIMindtree launches AI innovation hub in Cyprus through strategic partnership
LTIMindtree, the global technology consulting firm, has established a Digital Innovation Hub in Cyprus in collaboration with Eurobank and Fairfax Digital Services, according to an announcement made today.
LTIMindtree launches AI innovation hub in Cyprus through strategic partnership
LTIMindtree establishes Digital Innovation Hub in Cyprus with Eurobank and Fairfax Digital Services, driving digital transformation in finance.
- 13:43 | May 16, 2025
Stock Market Live Updates: India Motor Parts and Accessories stock inched up 0.96% on the NSE to ₹1,030.50.
India Motor Parts and Accessories reported consolidated net profit for the quarter ended March 2025 at ₹23.93 crore as against ₹19.82 crore in the corresponding quarter last year.
A dividend of ₹20 per Equity Share has been recommended for the financial year 2024-25
- 13:43 | May 16, 2025
Stock Market Live Updates: Waaree Renewable Technologies stock rose 2.10% on the NSE to ₹1,034.15
Waaree Renewable Technologies has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of solar power project including Operation and Maintenance (O&M) of 94 MW AC/131.6 MW DC capacity. This project will be executed under Mukhyamantri Saur Krushi Vahini Yojana-2.0 (MSKVY 2.0)
- 13:42 | May 16, 2025
Stock Market Live Updates: BOROSIL RENEWABLES Stock traded flat on the NSE at ₹549.30
BOROSIL RENEWABLES board has approved the revised expansion plan of 600 TPD. The expansion is being undertaken through setting up two furnaces of 300 TPD each (SG-4 and SG-5) at an estimated cost of Rs. 950 crores approximately. The aforesaid expansion plan has been improved considering favourable announcement from the Ministry of Finance viz. imposition of anti-dumping duty on imports of solar glass from China and Vietnam, for a period of five years, effective from December 04, 2024,
- 13:37 | May 16, 2025
Stock Market Live Updates: Zota Health Care Limited stock gained 2.31% on the NSE to ₹974.55
Zota Health Care Limited announced growth of its Davaindia network, with the total number of operational stores increasing to 1,637 as of 16th May, 2025 with the blend of 901 Company Owned Company Operated (COCO) stores and 736 Franchisee Owned Franchisee Operated (FOFO) stores, up from 1,530 as on 17th March, 2025.
- 13:32 | May 16, 2025
Stock market live today: Markets slip further as Airtel, banks lead declines; defence stocks surge
Markets slip further as Airtel, banks lead declines; defence stocks surge
Equity benchmarks fall in midday trading, Sensex down 0.30% and Nifty down 0.24%, market breadth remains positive.
- 13:31 | May 16, 2025
Stock in focus: Jubilant Pharmova reports ₹153.6 crore profit in Q4; shares rise 3.88%
Jubilant Pharmova reported consolidated net profit for the quarter ended March 2025 at ₹153.6 crore as against ₹58.6 crore loss in the corresponding quarter last year.
Recommended final dividend of ₹5 per share, record date July 25.
Stock surged 3.88% on the NSE to ₹940.70.
- 13:30 | May 16, 2025
Stock market live today: ReNew Energy to invest ₹22,000 crore in hybrid renewable project in Andhra Pradesh, targeting 2.8 GW capacity
ReNew Energy Global Plc (“ReNew”), a leading decarbonisation solutions company, has announced that it will invest Rs 22,000 crore (US ~$2.5 billion) to set up one of India’s largest hybrid renewable energy projects in Andhra Pradesh’s Anantapur district. With a generation capacity of around 2.8 GW, including 1.8 GWp solar and 1 GW wind, and a battery energy storage system (BESS) of 2 GWh, this will be one of the largest RE complexes at a single location in India.
- 13:28 | May 16, 2025
IPO updates: Belrise Industries IPO to open on Wednesday, May 21, 2025, price band set at ₹85/- to ₹90/- per equity share
- 13:28 | May 16, 2025
IPO updates: Belrise Industries’ IPO to raise ₹2,150 crore for debt repayment and corporate purposes
Belrise Industries’ IPO is entirely a fresh issue of up to Rs 2,150 crore with no offer for sale component.
The proceeds from its fresh issuance, to extent of Rs 1,618.13 crore, will be utilized for repayment / prepayment, in full or in part, of certain borrowings availed by the Company; and general corporate purposes.
Belrise Industries offers a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles. Its product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components and exhaust systems, among others. The products are largely agnostic to vehicle powertrain types, reflecting its ability in catering to both electric vehicles and internal combustion engine vehicles, thus positioning it favorably to adapt to the growing electric vehicle market.
The company’s automotive product portfolio comprises over 1,000 distinct products across chassis systems, exhaust systems, body-in-white parts, polymer components, battery containers, suspensions and steering columns, among others.
Belrise has a long-standing relationship with customers, including prominent multinational OEMs such as Bajaj Auto Limited, Honda Motorcycle & Scooter India Private Limited, Hero MotoCorp Limited, Jaguar Land Rover Limited and Royal Enfield Motors Limited, among others
As of December 31, 2024, the company markets its products both domestically and internationally, with operations extending to several key global markets including Austria, Slovakia, the United Kingdom, Japan and Thailand and has a diversified customer base of 29 OEMs.
- 13:20 | May 16, 2025
IPO updates: Belrise Industries IPO opens May 21, price band ₹85-90 per share
Belrise Industries Limited’s Initial Public Offering to open on Wednesday, May 21, 2025, price band set at ₹85/- to ₹90/- per Equity Share
- 13:09 | May 16, 2025
Mid-day updates: Sensex, Nifty 50 trade lower; IT stocks drag, defence index up 6%, Cochin Shipyard, Crompton, Kaynes, Page Industries, Pokarna, RVNL, Mazagon shares in action
NSE, BSE, Top gainers & losers today 16th May: Sensex, Nifty 50 trade lower, IT stocks drag, defence index up 6%, Cochin Shipyard, Crompton, Kaynes, Page Industries, Pokarna, RVNL, Mazagon shares in action
Shares of Bharat Electronics, Adani Enterprises, NTPC, Bajaj Auto and Eicher Motors topped the list of Nifty 50 gainers, while Bharti Airtel, IndusInd, HCL Tech, Shriram Finance and Grasim Industries depreciated.
- 13:04 | May 16, 2025
Stock in focus: Surana Solar sells 49% stake in Surana Technologies to Baidyanath Power, shares surge 5.03%
Surana Solar informed that the transaction for the sale of 49% equity stake held in Surana Technologies Private Limited is being executed today with Baidyanath Power Private Limited.
Surana Solar stock surged 5.03% on the NSE to ₹37.36
- 13:03 | May 16, 2025
Stock in focus: Onward Technologies posts ₹10.41 crore profit in Q4, recommends ₹5 dividend; shares up 11.55%
Onward Technologies reported consolidated net profit for the quarter ended March 2025 at ₹10.41 crore as against ₹6.68 crore in the corresponding quarter last year.
Recommended final dividend of ₹5
Shares zoomed 11.55% on the NSE to ₹296.50.
- 13:02 | May 16, 2025
Dhanuka Agritech reports Q4 consolidated net profit of ₹75.50 crore, declares ₹2 final dividend
Dhanuka Agritech reported consolidated net profit for the quarter ended March 2025 at ₹75.50 crore as against ₹59.01 crore in the corresponding quarter last year.
Recommended final dividend of ₹2, record date: July 18
Shares gained 2.99% on the NSE to ₹1,495.
- 12:43 | May 16, 2025
Stock market live today: Thomas Cook India enters EU market with new office in Cyprus, stock remains flat at ₹145.81
Thomas Cook India expands its global footprint Enters the European Union with its office in Cyprus
Stock traded flat on the NSE at ₹145.81
- 12:43 | May 16, 2025
tock market live today: “LTIMindtree, Eurobank, and Fairfax Digital Services partner to establish digital innovation hub in Cyprus
LTIMindtree, Eurobank and Fairfax Digital Services Collaborate to Build Digital Innovation Hub in Cyprus
LTIMindtree stock traded flat on the NSE at ₹5,055.
- 12:32 | May 16, 2025
Stock market live today: Block trades hit nine-month high as Indian equities see rising investor confidence
Block trades hit nine-month high as Indian equities see rising investor confidence
Secondary share sales in India surge, driven by rebound in equities, pushing deal volume to 9-month high.
- 12:16 | May 16, 2025
Stock market live today: Gensol Engineering shares hit upper circuit at ₹65.56 amid insolvency petition news; IREDA shares rise 4.35% to ₹174
Gensol Engineering shares locked in upper circuit on the NSE at ₹65.56, 5% higher.
It had informed the exchanges about the receipt of an advance service intimation regarding a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) by Indian Renewable Energy Development Agency (IREDA) for initiation of Corporate Insolvency Resolution Process (CIRP) against the Company before the National Company Law Tribunal, Ahmedabad Bench. The aforesaid petition and the claim therein is against the five loan facilities availed from IREDA by the Company for the events of default and potential default.
IREDA stock rose 4.35% on the NSE to ₹174.
- 12:04 | May 16, 2025
Sensex today: Stocks on BSE advance with 2,396 gainers vs. 1,329 decliners at noon trade
Stocks advanced on BSE at 12 noon on May 16, 2025, were 2,396 against 1,329 stocks that declined, and 191 remained unchanged. Total stocks traded were 3,916. The number of stocks that recorded a 52-week high was 62, and those that hit a 52-week low was 20. A total of 268 stocks traded in the upper circuit, and 113 in the lower circuit.
- 12:01 | May 16, 2025
Matrimony.Com reports Q4 net profit of ₹8.18 crore, declares ₹5 per share final dividend
Matrimony.Com reported its consolidated net profit for the quarter ended March 2025 at ₹8.18 crore as against ₹11.73 crore in the corresponding quarter last year.
Board recommended the declaration of final dividend of ₹5 per share and the record date for the dividend is August 8, 2025.
Shares traded flat on the NSE at ₹507.85
- 11:58 | May 16, 2025
Stock market live today: SEAMEC awards diving services contract to Adsun Offshore for ONGC projects
SEAMEC ltd has awarded Letter of Award to Adsun Offshore Diving Contractors Pvt. Ltd for providing Diving Services on board of Vessel SEAMEC PRINCESS for Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP) of Oil and Natural Gas Corporation Limited (ONGC). The Lumpsum total value of the Letter of Award at the maximum indicated quantity shall be approximately USD 2.98 million exclusive of GST.
- 11:56 | May 16, 2025
Stock market live today: Baazar Style Retail opens new stores in West Bengal and Odisha, shares drop 2.61%
Baazar Style Retail has opened two new stores, one of Style Baazar at Lindsay, West Bengal and another of Express Baazar at Nayagarh, Odisha.
Stock traded at ₹290.65 on the NSE, down 2.61%
- 11:52 | May 16, 2025
D. P. Abhushan reports standalone net profit of ₹25.15 crore for Q4 FY25, shares rise 2.25%
D. P. Abhushan reported its standalone net profit for the quarter ended March 2025 at ₹25.15 crore as against ₹16.19 crore in the corresponding quarter last year.
Shares gained 2.25% on the NSE to ₹1,591.90
- 11:51 | May 16, 2025
Stock market live today: SEAMEC extends charter of vessel SEAMEC III with Asian Energy Services for 8 days
SEAMEC informed the exchanges that the Vessel SEAMEC III charter with Asian Energy Services Limited is further extended for 8 days with effect from 14th May 2025. The value for the extended period amounts to USD 336,000.
Stock traded flat on the NSE at ₹844.
- 11:50 | May 16, 2025
Stock market live today: Mamata Machinery appoints Rajashekar Venkat as President, effective May 5
Mamata Machinery announced the appointment of Rajashekar Venkat as President of the Company, effective May 05, 2025
- 11:49 | May 16, 2025
Gold technicals: Gold climbs $100 from its intraday low
Renisha Chainani, Head - Research at Augmont, writes
· Gold prices bounced up about $100 (~Rs 1500) from their intraday lows as investors appeared to be shifting back to safe-haven assets due to a slowdown in the pace of discussions between Russia and Ukraine and less-than-expected US data.
· As consumers reduced their spending on vehicles, sporting equipment, and other imported goods due to worries about rising prices brought on by tariffs, US retail sales barely increased in April.
· Concurrently, the PPI prices unexpectedly dropped due to a 1.6% decline in wholesalers’ and retailers’ margins, suggesting that businesses may be mitigating some of the effects of higher tariffs.
· Moreover, Trump claimed that no progress on Ukraine will happen unless he meets with Putin, while the Ukrainian president argued that Moscow’s low-ranking diplomats dispatched to Istanbul for peace talks indicate a lack of genuine determination.
Technical Triggers
· As Gold prices have broken the Double-top neckline support of $3200, more downside is expected up to $3000-50 (~Rs 87000 - 88000) in the short term.
· Silver prices are expected to get momentum now, as the tariff war has de-escalated. We are likely to see prices touching $34(~Rs 99000) and $35(~Rs 102,0000) soon in the coming days.
- 11:46 | May 16, 2025
Stock market live today: Agri, pharma, electronics, engineering power over 50% of India’s FY25 exports
Agri, pharma, electronics, engineering power over 50% of India’s FY25 exports
India's diverse exports in agriculture, pharma, electronics, and engineering goods showcase strong growth and global competitiveness.
- 11:22 | May 16, 2025
Stock in focus: Eureka Forbes reports strong Q1 growth, shares jump 3.20%
Eureka Forbes reported its consolidated net profit for the quarter ended March 2025 at ₹49.49 crore as against ₹21.38 crore in the corresponding quarter previous year.
Shares surged 3.20% on the NSE to ₹560.35
- 11:06 | May 16, 2025
Stock market live today: Medi Assist reports strong FY25 growth with 28.5% profit surge
Medi Assist reports strong FY25 growth with 28.5% profit surge
Medi Assist Healthcare Services Limited reports strong financial growth, increased market share, and technological advancements in health insurance administration.
- 11:04 | May 16, 2025
Stock market live today: Cochin Shipyard shares climb over 13% following Q4 results
Cochin Shipyard shares climb over 13% following Q4 results
Cochin Shipyard shares rallied 13% following 10.93% uptick in consolidated net profit for the March 2025 quarter at ₹287.18 crore, driven by higher income.
- 11:04 | May 16, 2025
Stock Market Live Updates: Crompton Greaves Consumer Electricals Ltd. | CMP Rs. 327 | M Cap Rs. 21078 Cr | 52 W H/L 484/280
(Nirmal Bang Retail Research)
Result is broadly in-line with expectations
Revenue from Operations came at Rs. 2060.6 Cr (16.5% QoQ, 5.1% YoY) vs expectation of Rs. 2165.6 Cr, QoQ Rs. 1769.2 Cr, YoY Rs. 1961 Cr
EBIDTA came at Rs. 264.4 Cr (40.6% QoQ, 29.9% YoY) vs expectation of Rs. 254.3 Cr, QoQ Rs. 188 Cr, YoY Rs. 203.6 Cr
EBITDA Margin came at 12.8% vs expectation of 11.7%, QoQ 10.6%, YoY 10.4%
Adj. PAT came at Rs. 169.5 Cr vs expectation of Rs. 170.3 Cr, QoQ Rs. 109.8 Cr, YoY Rs. 138.4 Cr
Quarter EPS is Rs. 2.6
Stock is trading at P/E of 30.5x FY26E EPS
- 11:04 | May 16, 2025
Stock Market Live Updates: CESC Ltd. | CMP Rs. 163 | M Cap Rs. 21666 Cr | 52 W H/L 213/119
(Nirmal Bang Retail Research)
Result inline with expectations
Revenue from Operations came at Rs. 3877 Cr (8.9% QoQ, 14.5% YoY) vs expectation of Rs. 3444.9 Cr, QoQ Rs. 3561 Cr, YoY Rs. 3387 Cr
EBIDTA came at Rs. 952 Cr (4.6% QoQ, -3.1% YoY) vs expectation of Rs. 894 Cr, QoQ Rs. 910 Cr, YoY Rs. 982 Cr
EBITDA Margin came at 24.6% vs expectation of 26%, QoQ 25.6%, YoY 29%
Adj. PAT came at Rs. 373 Cr vs expectation of Rs. 353.4 Cr, QoQ Rs. 265 Cr, YoY Rs. 400 Cr
Quarter EPS is Rs. 2.8
Stock is trading at P/E of 14.7x FY26E EPS
- 11:03 | May 16, 2025
Stock Market Live Updates: ALLIED BLENDERS AND DISTILLERS: Q4 SL NET PROFIT 811M RUPEES VS 6M (YOY); 584M (QOQ)
ALLIED BLENDERS AND DISTILLERS: Q4 REVENUE 19B RUPEES VS 17.6B (YOY)
ALLIED BLENDERS AND DISTILLERS: Q4 EBITDA 1.4B RUPEES VS 600M (YOY) || Q4 EBITDA MARGIN 7.03% VS 3.41% (YOY)
- 11:02 | May 16, 2025
Stock Market Live Updates: Steel Strips Wheels Ltd. | CMP Rs. 242 | M Cap Rs. 3798 Cr | 52 W H/L 248/167 (Nirmal Bang Retail Research)
Result improved
Revenue from Operations came at Rs. 1233.9 Cr (14.8% QoQ, 15.5% YoY) vs QoQ Rs. 1074.7 Cr, YoY Rs. 1068.7 Cr
EBIDTA came at Rs. 134.2 Cr (13.9% QoQ, 22.1% YoY) vs QoQ Rs. 117.9 Cr, YoY Rs. 109.9 Cr
EBITDA Margin came at 10.9% vs QoQ 11%, YoY 10.3%
Adj. PAT came at Rs. 60.7 Cr vs QoQ Rs. 47.7 Cr, YoY Rs. 42.5 Cr
Quarter EPS is Rs. 3.9
Stock is trading at P/E of 15.4x FY26E EPS
- 10:56 | May 16, 2025
Stock Market Live Updates: Solara Active Pharma Sciences Ltd. | CMP Rs. 490 | M Cap Rs. 1766 Cr | 52 W H/L 886/361 (Nirmal Bang Retail Research)
Result is Declining
Revenue from Operations came at Rs. 273 Cr (-9.1% QoQ, -8.8% YoY) vs QoQ Rs. 300.3 Cr, YoY Rs. 299.4 Cr
EBIDTA came at Rs. 45.4 Cr (-21.3% QoQ, 364.9% YoY) vs QoQ Rs. 57.7 Cr, YoY Rs. 9.8 Cr
EBITDA Margin came at 16.6% vs QoQ 19.2%, YoY 3.3%
Adj. PAT came at Rs. -2.1 Cr vs QoQ Rs. 8.1 Cr, YoY Rs. -133.2 Cr
Quarter EPS is Rs. -0.6
Stock is trading at P/E of 3269.9x TTM EPS
- 10:55 | May 16, 2025
Stock Market Live Updates: Minda Corporation stock traded flat on the NSE at ₹505.85
Minda Corporation has received intimation e-mail from BSE dated confirming the waiver of fine (₹1.41 lakh), imposed earlier under Regulation 18(1), 19 and 20 of the SEBI Listing Regulations for certain non-compliance.
- 10:50 | May 16, 2025
Stock Market Live Updates: BLS International reports record financial performance in FY25
BLS International Services Limited announced its highest-ever financial performance for the fiscal year ending March 31, 2025, with revenue reaching ₹2,193.3 crores, a 30.8 per cent year-over-year increase.
BLS International reports record financial performance in FY25
BLS International Services Limited reports record financial performance, with revenue hitting ₹2,193.3 crores, driven by strong growth in all segments.
- 10:38 | May 16, 2025
Stock Market Live Updates: Nifty Bank prediction today – May 16, 2025: Index retains positive bias
Nifty Bank index opened today’s session lower at 55,276 versus yesterday’s close of 55,356. It is now trading at 55,240, down 0.2 per cent.
The advance/decline ratio stands at 6/6. Canara Bank (up 1.9 per cent) is the top gainer followed by Bank of Baroda (up 1.1 per cent).
Nifty Bank prediction today – May 16, 2025: Index retains positive bias
Nifty Bank index down 0.2%, Canara Bank top gainer, IndusInd Bank top loser, Nifty Bank futures positive outlook.
- 10:33 | May 16, 2025
Stock Market Live Updates: IndusInd Bank confirms ₹1,269 crore accounting irregularities after internal audit, shares fall
IndusInd Bank shares fell 2.78 per cent to ₹758.80 on Friday morning following the bank’s confirmation of accounting irregularities totalling ₹1,269 crores. In a regulatory filing on May 15, the bank disclosed that its Internal Audit Department (IAD) had identified two significant financial discrepancies.
IndusInd Bank confirms ₹1,269 crore accounting irregularities after internal audit, shares fall
IndusInd Bank confirms accounting irregularities totaling ₹1,269 crores, leading to 2.78% share drop. Regulatory scrutiny intensifies.
- 10:32 | May 16, 2025
Stock Market Live Updates: Nifty Prediction Today – May 16, 2025: Resistance ahead. Go long on a break above it
Nifty 50 is trading slightly lower today. The index is trading at 25,026, down 0.14 per cent. The advances/declines ratio is at 23:27. This is negative for now. But if the bias changes in favour of the advances, it could limit the downside in the Nifty. We will have to wait and watch.
Nifty Prediction Today – May 16, 2025: Resistance ahead. Go long on a break above it
Nifty 50 May Futures contract can rise to 25,250 on a break above 25,150
- 10:20 | May 16, 2025
Stock in focus: Crompton Greaves Consumer Electricals stock climbed 6.28% on the NSE to ₹347.95 as at 10.18 am, following Q4 results.
- 10:20 | May 16, 2025
Stock in focus: Bharti Airtel shares drop 2.73% to ₹1,816.20 after Singapore Telecommunications sells 1.2% stake for S$2 billion
Bharti Airtel shares declined 2.73% on the NSE to ₹1,816.20.
Singapore Telecommunications had sold around 1.2% of its direct stake in Bharti Airtel for S$2 billion.
- 10:20 | May 16, 2025
Stock market live today: Bajaj Auto flat at ₹8,294 as board approves €125 million capital infusion for subsidiary BAIH BV
Bajaj Auto stock traded flat on the NSE at ₹8,294.
Board had approved an additional capital infusion of €125 million (₹1,199.92 crore) to Bajaj Auto International Holdings BV (BAIH BV), a wholly owned subsidiary to support its investment opportunities.
- 10:12 | May 16, 2025
Websol Energy System shares locked in upper circuit following Q4 results
Q4 Results 16th May Live: Hyundai Motor, BHEL, Delhivery, Reliance Infrastructure, Eureka Forbes, Heritage Foods, Matrimony to announce Q4 results
Q4 Results 16th May, 2025 live updates: Find all the latest Q4 results 2025 updates for Hyundai Motor, BHEL, Delhivery, Reliance Infrastructure, Eureka Forbes, Heritage Foods, Matrimony, Zodiac Energy, Vivanta Industries, Nucleus Software Exports, BMW Industries, Elixir Capital, India Glycols, NESCO, Kross, IOL Chemicals & Pharmaceuticals, Gautam Exim, Dai-Ichi Karkaria, BMW Industries, Nava, Zodiac Energy, NESCO, Kalpataru Projects International, Gretex Corporate Services, Bharat Bijlee, Jubilant Pharmova, Dhanuka Agritech, Shipping Corporation of India, Gujarat Alkalies and Chemicals, Onward Technologies, Flex Foods and few more companies to announce their Q4 results today. Cochin Shipyard, ITC Hotels, Godrej Industries, LIC Housing Finance, Crompton Greaves Consumer Electrical, PB Fintech, Patanjali Foods, Tube Investments of India, Page Industries, Godfrey Phillips India, Kaynes Technology India, Thangamayil Jewellery and more announced Q4 results yesterday, May 15, 2025. Scroll down for more
- 10:07 | May 16, 2025
Stock in focus: IndusInd Bank clarifies audit findings; ₹674 crore interest incorrectly recorded and ₹595 crore unsubstantiated in “other assets” accounts, measures to strengthen controls underway
IndusInd Bank has issued clarification that the bank had disclosed the Internal Audit Department (IAD) was conducting a review of the Bank’s MFI business to examine certain concerns which had been brought to the Bank’s attention. The IAD has since submitted its report on May 8, 2025. Based on the report, it is noted that a cumulative amount of Rs. 674 crores was incorrectly recorded as interest over three quarters of FY 24-25, which was fully reversed as on January 10, 2025. Also, pursuant to receipt of a whistle blower complaint, the IAD was asked by the Audit Committee of the Board to review transactions recorded in “other assets” and “other liabilities”. The IAD has submitted its report on May 8, 2025 that there were unsubstantiated balances aggregating to Rs. 595 crores in “other assets” accounts of the Bank. These were set off against corresponding balances appearing in “other liabilities” accounts in January 2025. The IAD has also examined the roles and actions of key employees in this context. The Board is taking necessary steps to strengthen internal controls, fix accountability of the persons responsible for these lapses and will take action as appropriate.
- 10:06 | May 16, 2025
Commodities Live updates: Brent Crude Oil Prices Dip Amid Fears of Global Economic Slowdown: Emkay Wealth Management
- 10:05 | May 16, 2025
Stock in focus: V2 Retail opens 200th store; stock jumps 4.90%
V2 Retail Limited has opened its 200th store.
Stock soared 4.90% on the NSE to ₹1,843
- 10:05 | May 16, 2025
Stock market live today: IndusInd Bank shares drop 2.26% to ₹762.85 after disclosing accounting discrepancies
IndusInd Bank shares traded 2.26% lower on the NSE at ₹762.85, after opening at ₹750. The bank had disclosed that a cumulative amount of ₹674 crore was incorrectly recorded as interest over three quarters of FY25 in its microfinance institution (MFI) business and that there were unsubstantiated balances aggregating to ₹595 crore in its “other assets” accounts. Brokerages have downgraded the stock
- 09:53 | May 16, 2025
Stock market live today: Important Result Calendar
16-May-2025 (Today)
Derivative
• B H E L
• Delhivery
Cash Segment
• Emami
• Jubilant Pharmova Ltd
• Ratnamani Metals & Tubes
• Creditaccess Grameen
• Hyundai Motor India
• Dhampur Sugar
• Galaxy Surfactants
• Kalpataru Projects Internation
• Sammaan Capital
• Rajesh Exports
17-May-2025
Derivative
• Divi’s Lab.
Cash Segment
• Amber Enterprises India
• Data Patterns (India)
19-May-2025
Derivative
• Bharat Electron
• Petronet LNG
• P I Industries
• Power Grid Corpn
• DLF
• IRB Infra.Devl.
Cash Segment
• Gujarat Gas
• HEG
• Jupiter Wagons Ltd
• Zydus Wellness
• Quess Corp Ltd
• Eris Lifesciences
• NLC India
• Pfizer
• Sun Pharma Advanced Research
• Redington
• The New India Assurance Compan
20-May-2025
Derivative
• Hindalco Inds.
• NHPC Ltd
• Zydus Lifesci.
• Solar Industries
• Dixon Technolog.
• Max Healthcare
• United Spirits
• Torrent Pharma.
Cash Segment
• Gujarat State Fertilizers
• Gland Pharma
• Fortis Healthcare
• Laxmi Organic Industries
• EIH
• Whirlpool Of India
• Aster Dm Healthcare
21-May-2025
Derivative
• Colgate-Palmoliv
• Natl. Aluminium
• O N G C
• Power Fin.Corpn.
• Oil India
• Astral
Cash Segment
• Rail Vikas Nigam Limited
• Mankind Pharma
• Star Cement
• Trident
• Ircon International
• UNO Minda
22-May-2025
Derivative
• Container Corpn.
• ITC
• Grasim Inds
• HFCL
• Sun Pharma.Inds.
• The Ramco Cement
Cash Segment
• Clean Science And Technology
• Gujarat State Petronet
• Deepak Fertilisers & Petrochem
• Honasa Consumer
• Dwarikesh Sugar
23-May-2025
Derivative
• JSW Steel
• Ashok Leyland
• Glenmark Pharma.
Cash Segment
• Aia Engineering
• Gujarat Narmada Valley Fertili
• Timken India
24-May-2025
Cash Segment
• J.K.Cement
• Godavari Bioref.
26-May-2025
Cash Segment
• Gillette India
• Sumitomo Chemical India
• Blue Dart Express
• Maharashtra Seamless
27-May-2025
Derivative
• Bosch
• Info Edg.(India)
Cash Segment
• ESAB India
• Medplus Health Services
• Procter & Gamble Hygiene
• TTK Prestige
• EID Parry
28-May-2025
Derivative
• Cummins India
• I R C T C
• Granules India
• Deepak Nitrite
Cash Segment
• Suven Pharmaceuticals
• Bata India
• Natco Pharma
• Elgi Equipments
• Bannari Amm.Sug.
29-May-2025
Derivative
• Bajaj Auto
• SJVN
Cash Segment
• Amara Raja Energy & Mobility
• Procter & Gamble Health
• Ipca Laboratories
30-May-2025
Derivative
• Apollo Hospitals
Cash Segment
• Bajaj Holdings & Investment
- 09:52 | May 16, 2025
Stock market live today: Wendt (India) Ltd (WENDT)- Offer for Sale
Issue Period:- 15- May-25 to 16- May-25
For Non- Retail ( QIB +HNI ) open & close date - 15- May-25
For Retail open & close date – 16-May-25 (Today)
Floor Price: INR “6,500.00”
Closing Price on date of announcement: Rs. 10,460.00\u0009
Current Market Price: 8702.50
Base Issue size: 0.06 Crs Shares – 30.00% of O/S Capital
Green Shoe Issue size: 0.02 Crs Shares – 7.50% of O/S Capital
Total Issue Size: 0.08 Crs equity shares (INR 488 Cr) – 37.50% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on 15-May-25
Total Issue Size: 0.0675 Crs shares (INR 438.75 Cr)
Non- Retail Clearing Price: Rs 8051.00.
Retail Portion - 10% of Offer Size - Bidding on 16-May-25 (Today)
Total Issue Size: 0.0075 Crs equity shares (INR 48.75 Cr)
Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )
Note : Based on clearing price discovered for Non retail bids, the minimum price to bid for Retail portion will be Rs. 8051.00
- 09:52 | May 16, 2025
Kaynes Technologies stock rallied 7% post Q4 results, Cochin Shipyard gains 5%. Track live updates
Q4 Results 16th May Live: Hyundai Motor, BHEL, Delhivery, Reliance Infrastructure, Eureka Forbes, Heritage Foods, Matrimony to announce Q4 results
Q4 Results 16th May, 2025 live updates: Find all the latest Q4 results 2025 updates for Hyundai Motor, BHEL, Delhivery, Reliance Infrastructure, Eureka Forbes, Heritage Foods, Matrimony, Zodiac Energy, Vivanta Industries, Nucleus Software Exports, BMW Industries, Elixir Capital, India Glycols, NESCO, Kross, IOL Chemicals & Pharmaceuticals, Gautam Exim, Dai-Ichi Karkaria, BMW Industries, Nava, Zodiac Energy, NESCO, Kalpataru Projects International, Gretex Corporate Services, Bharat Bijlee, Jubilant Pharmova, Dhanuka Agritech, Shipping Corporation of India, Gujarat Alkalies and Chemicals, Onward Technologies, Flex Foods and few more companies to announce their Q4 results today. Cochin Shipyard, ITC Hotels, Godrej Industries, LIC Housing Finance, Crompton Greaves Consumer Electrical, PB Fintech, Patanjali Foods, Tube Investments of India, Page Industries, Godfrey Phillips India, Kaynes Technology India, Thangamayil Jewellery and more announced Q4 results yesterday, May 15, 2025. Scroll down for more
- 09:51 | May 16, 2025
Nifty today: Top gainers, losers at 9.36 a.m.
Top gainers on the NSE as at 9.36 am:
BEL (+1.68%), Eternal (+1.39%), Eicher Motors (+1.33%), NTPC (+1.24%), Adani Enterprises (+1.06%)
Top losers:
Bharti Airtel (-2.71%), IndusInd (-1.54%), HCL Tech (-0.95%), Infosys (-0.81%), M&M (-0.78%)
- 09:51 | May 16, 2025
Share market live today: Sajjan Jindal Family Trust to sell up to ₹1,200 cr of JSW Infrastructure shares at ₹288 each
The Sajjan Jindal Family Trust is selling up to 12 billion rupees ($141 million) of JSW Infrastructure shares, according to terms of the deal seen by Bloomberg News.
Offer floor price of 288 rupees each
Reflects discount of 3% to Thursday’s closing price of 297.05 rupees
Offers up to 42 million shares, equivalent to as much as 2% of total shares outstanding
Lockup of 60 days from closing date for the seller
Lockup of 30 days for any unsold part of proposed sale
Seller started taking investor orders Thursday, and books are set to close around 8 a.m. India time on Friday
Jefferies is sole bookrunner
- 09:50 | May 16, 2025
Stock market live today: EQUITY PREVIEW
Abbott India (BOOT): 4Q Net Income Beats Estimates
Alkem Labs (ALKEM): Reports Fraudulent Funds Transfer at US Unit
Balrampur Chini (BRCM): 4Q Net Income Beats Estimates
Crompton Greaves (CROMPTON): 4Q Net Income Beats Estimates
IndusInd (IIB): $79M Incorrectly Recorded as Interest Reversed
Infosys (INFO): Extends Strategic Collaboration with DNB Bank ASA
JSW Energy (JSW): 4Q Net Income Beats Estimates
LIC Housing (LICHF): 4Q Net Income Beats Estimates
NCC (NJCC): 4Q Net Income Misses Estimates
Patanjali Foods Ltd (PATANJAL): 4Q Net Income Meets Estimates
PB Fintech (POLICYBZ): 4Q Net Income Beats Estimates
- 09:50 | May 16, 2025
Stock market live today: EARNINGS
(net income adj. ests. in INR where available):
Bharat Heavy Electricals (BHEL IN) 9.16b (parent)
CreditAccess Grameen (CREDAG IN) loss 200m (parent)
Delhivery (DELHIVER IN) 289m (group)
Emami (HMN IN) 1.72b (group)
Hyundai Motor India (HYUNDAI IN) 13.3b (group)
Jubilant Pharmova (JUBLPHAR IN) 1.36b (group)
Sammaan Capital (SAMMAANC IN) (group)
Sterlite Technologies (SOTL IN) (group)
- 09:42 | May 16, 2025
Stock recommendations: Brokerages on Neuland Labs, Lupin, Apollo Tyres, Crompton Consumer, eClerx
GS on Neuland Labs
Buy, TP Rs 14775
Expect topline to accelerate by c. +30% yoy in FY26E driven by:
1) Monetisation of expanded Unit III for higher supplies
2) Commercialisation of Cobenfy & potential 4th molecule
3) Launch/approvals of newer niche molecules in Specialty API
CITI on Lupin
Buy, TP Rs 2260
4Q largely in-line; EBITDA margin stood at 23.3% (-40bps QoQ, +310bps YoY), despite sharp increase in R&D spend and lower PLI income.
Management sounded cautious while guiding FY26E margins
Nomura on Apollo Tyres
Neutral, TP Rs 490
Growth recovery remains sub-par
4Q below estimates; risks to growth recovery from weak CV/exports demand
Commodity tailwinds largely factored in
Nomura on Crompton Cons
Buy, TP Rs 444
Striving for growth across multiple fronts
4Q EBITDA ahead of consensus; focus on new launches
New categories to drive growth momentum
Maintain EBITDA margin at 11.9%/12.2% for FY26F/27F, as expect stronger growth push
Nomura on eClerx
Buy, TP Rs 3600
4QFY25: revenue and margin above estimates
ACV continues to be strong; sales effectiveness visible in robust pipeline
EBITDA margin band unchanged
Raise FY27F EPS by 2.4%
- 09:41 | May 16, 2025
Stock recommendations: Brokerages on PB Fin
Jefferies on PB Fin
Buy, TP Rs 2000
Contribution margin expanded >100bps YoY aided by better mix & adj EBITDA rose by 70% (both tad ahead).
Ramp-up of new initiatives is easing drag; profit rose 184% YoY to Rs1.7bn (adj for tax & ESOP it was tad ahead).
@CNBCTV18News
CITI on PB Fin
Buy, TP Rs 2150
PAT of Rs1.7 bn beat est.
Negligible taxes & sharp decline in ESOP expense coupled with improvement in margins & robust back book growth aid robust profitability
Sharp moderation in savings led to modest 22% YoY growth in overall core fresh biz
- 09:40 | May 16, 2025
Stock Recommendations: Brokerages on LIC Housing
Jefferies on LIC Hsg
Buy, TP Rs 700
4Q PAT was Rs13.7bn (25% YoY), in line with est, as better NII & higher other income were offset by higher opex & provn.
AUM grew 7.3% YoY (3% QoQ).
Disbursements grew 5% YoY (HL 8%).
NIM rose 16bps QoQ due to lower CoF
MS on LIC Hsg
UW, TP Rs 435
NII beat of 6% led by NIM expansion (+16bp QoQ).
Loan book growth of 7% YoY was in-line.
Total income beat was 10% owing to higher other income
Stock is cheap & could do well in near term, but is unlikely to sustain
CLSA on LIC Hsg
Maintain Outperform, TP Rs720
Q4 NII & PPOP Was 3-5% Ahead Of Estimates Led By Lower Cost Of Funds
Credit Cost Was Also Lower Than Expectation Thus Net Profit Beat Estimate By 6%
Percentage Of GS3 loans is now at 2.5%, -Ve Net Slippages For 3rd Consecutive Qtr
Loan Growth In FY25 Is Higher Than Expectations As Disbursals Picked Up In Q4FY25
Continue To Build In 8-9% Loan Growth Over FY26-28
- 09:40 | May 16, 2025
Stock recommendations: Brokerages on IndusInd Bank
CLSA on IndusInd Bk
Downgrade to hold, TP cut to Rs 780
Audit report, released last week, highlighted that Rs6.74bn was incorrectly recorded as interest income in 9MFY25; this will be reversed in 4QFY25
Also, ‘other assets’ & ‘other liabilities’ on b/s were inflated by Rs6bn
Adjusting for Rs6.74bn additional interest income implies its core NIM was 17bps lower than its reported NIM
Cut FY25 PAT est. 22% & cut FY26-27 PAT est. 13%-17% due to NIM compression& lower growth
Investec on Indusind Bank
Downgrades to Sell from HOLD; TP cut to Rs650 from Rs700
More accounting discrepancies
IndusInd Bank reported to exchanges that its internal audit department has found
fresh accounting discrepancies at the bank.
A) The bank has identified Rs 6.8bn of ‘incorrectly recorded’ interest income over 9MFY25. This has been fully reversed by
the bank in Jan’25 (i.e. impact in 4Q).
B) It has also identified ‘unsubstantiated balances’ of Rs 6bn in the ‘other assets’ line item at the bank. The bank has disclosed that this has been set off against corresponding balances in ‘other liabilities’ in Jan’25 itself.
These accounting discrepancies add to the issue relating to over-reporting of income from derivatives (Rs 19.6bn impact, 2.3% of BV on post-tax basis), following which the bank has seen significant senior leadership exits (including the CEO, Deputy CEO in Apr’25 and CFO in Jan’25).
We are cautious in this period of heightened uncertainty at the bank, which should also see structural impairment in core profitability and business growth.
- 09:39 | May 16, 2025
Stock market live today: Global market bits
United States: Mixed economic signals with flat markets, weak manufacturing, and retail data; trade tensions and tariffs dampen outlook.
India: Markets rise on hopes of a US trade deal.
United Kingdom: GDP beats expectations, boosting stocks and sterling, but tax and tariff challenges loom.
Germany: Cuts long-term tax estimates amid weak output; wholesale prices edge up.
Japan: Economy contracts more than expected; BOJ likely to pause hikes amid fiscal concerns and trade uncertainty.
Australia: Strong job growth in April, but rate cut still expected due to broader concerns.
Sweden: Financial regulator sees rising risk shocks but deems banks resilient.
South Korea: Won’s gains ease as the dollar rebounds.
Europe (general): STOXX 600 recovers; defence stocks gain on geopolitical talks, but US tariffs cloud outlook.
China/Iran (indirect via oil): Oil prices fall on signs of US-Iran diplomatic progress.
Global: Gold falls on trade optimism; investors cautious as data gives mixed signals.
Source: Reuters
- 09:39 | May 16, 2025
Stock recommendations: ENDURANCE Q4: REV +11% | EBITDA +14% | MARGIN +40BPS | APAT +21% | PAT BEATS ESTIMATES | BETTER THAN EXPECTED PERFORMANCE IN EUROPE AND MAXWELL
Endurance Q4 adjusted PAT at INR 2.4bn came in ahead of our estimate of INR 2bn led by better than expected performance across all its segments
Standalone performance
• Revenue grew 9% YoY to INR 22.5bn – in line. This compares to auto industry volume growth of 5% YoY for Q4
• EBITDA margin remained stable YoY at 13.6% (+110bp QoQ) – ahead of our estimate of 12%. Standalone performance was ahead of estimates due to the INR 380m incentive booked in Q4
• As a result, standalone PAT grew 12% YoY to INR 1.9bn – ahead of our estimate of INR 1.5bn
Europe performance
• Europe revenue grew 17% YoY to Euro80mn. This compares to volume decline of 2% YoY in car registrations in EU. Endurance has continued to outperform industry growth over the last few quarters
• Margins improved 60bp YoY to 18.4% - ahead of our estimate of 18%.
Maxwell performance
• Maxwell revenue grew 91% YoY over a low base to INR 210m. This was actually below our estimate of INR 300m and is a 20% decline on QoQ basis
• Maxwell has posted marginal positive EBITDA (INR 1m) for the first time since acquisition
Other key highlights
• Endurance has won a total of INR 12.6bn of new business in India in FY25 of which INR 0.6bn is in Maxwell. This includes EV order value of INR 4.4bn. In Europe, it has won new business of Euro 40.2mn
• Stake in Maxwell reached to 61.5%. Agreement in place to reach 100% by May2025
• Endurance has incurred capex of INR 6.1bn in standalone and Euro 51.3m in Europe in FY25.
• Given INR 8.6bn of net cash position, future growth plans are expected to be funded through internal acrruals
- 09:38 | May 16, 2025
Stock recommendations: MEDANTA 4Q: SALES +15% | EBIDTA +17% | MARGINS +50BPS | PAT +9% | OPERATIONAL PERFORMANCE IN LINE WITH EXPECTATIONS
• In 4QFY25, sales grew 15.2% YoY to INR9.3b. (vs our est: INR9.1b)
• EBITDA margin grew by 50bps on YoY basis to 24.1% due to lower employee expense share as a % of sales (-130bps YoY).
• Medanta reported EBITDA growth of 17.6% YoY to INR2.2b (vs our est: INR2.1b)
• Medanta had one-time expense of INR499m due to merger of MHPL (Lucknow entity) with Global health.
• Adjusting for the same, PAT grew 9.4% YoY to INR1.4b. (vs our est: INR1.5b).
• Revenue/EBITDA/PAT in FY25 grew 13%/9%/11% to INR37b/INR8.9b/INR5.3b
• In 4QFY25, Revenue/PAT outperformed Bloomberg estimate by 0.5%/0.6%. However, EBITDA missed the estimates by 2.3%.
Medanta 4QFY25 operational highlights
• Mature hospitals revenue (69% of total revenue) grew 4.5% YoY to INR6.4b. The EBITDA was INR1.5b for the quarter while margins contracted of 90bp YoY to 24%
• Developing hospitals revenue (31% of total revenue) grew 24.2% YoY to INR2.8b. The EBITDA was INR0.9b for the quarter with margins expansion of 350bp YoY to 31%.
• In 4QFY25, ARPOB was stable YoY to INR63.6K.
• IPD/OPD volumes both increased 15.9%/12.9% YoY for the quarter.
• Occupancy levels stood at 61.2% (vs. 59% in 4QFY24) and 63.6% in 3QFY25.
• ALOS stood at 3.19 days (vs. 3.2 days in 4QFY24/3QFY25)
• OPD Pharmacy revenue increased 27.3% YoY to INR340m.
- 09:38 | May 16, 2025
Stock recommendations: 4Q FIRST CUTS: JSWE (BELOW) | MEDANTA (IN LINE) | ENDURANCE (BEAT)
JSWE 4Q: REV +16% | EBITDA +3% | MARGIN -460BPS | PAT -17% | CONSOLIDATED EBITDA BELOW EXPECTATIONS AMID WEAKER THERMAL PERFORMANCE
• JSWE reported 4QFY25 consol. revenue of INR31.8b (+16% YoY), which was 16% below our estimate. EBITDA came in at INR12b (+3% YoY), 8% below our estimate. The weakness in 4QFY25 earnings performance was attributable mainly to 1) weaker performance at Ratnagiri/ Barmer entities with net generation in 4QFY25 being down 7%/11% y-y respectively, 2) EBITDA margin was weak at Standalone amid higher employee costs and other expenses which offset the benefit of lower fuel costs.
• Adj. 4QFY25 PAT was 34% above our estimate at INR2.9b driven by 1) higher other income (mainly treasury related income) and 2) lower tax expense due to deferred tax adjustments. Other income came in significantly above our estimates due to extraordinary income of ~1b on account of a write-back of deferred consideration for the Mytrah acquisition.
• FY25 revenue came in at INR117b flat YoY. EBITDA also remained flat at INR52b.
• The board has recommended a dividend of INR2/share.
Standalone
• JSW Energy reported standalone 4QFY25 PAT of INR4.6b (+36% YoY). Revenue dipped 23% YoY to INR9.5b. EBITDA stood at INR2.7b (-41% YoY).
• FY25 revenue came in at INR39b, down 23% YoY. EBITDA also declined 30% to INR12b. PAT rose 28% YoY to INR12b.
Operational Highlights
• Capacity: The company’s operational capacity stands at 12.2GW. The project pipeline stands at 6.7GW, (1.8GW thermal; 4.9GW RE).
• PLF and generation: Thermal PLF stood at 84% for 4QFY25. Net generation increased by 24% YoY to 7.9BUs, supported by new wind capacity and output from KSK Mahanadi (1,800MW) and Utkal plants. Net generation increased 16% YoY from 27BUs in FY24 to 32BUs in FY25. IND Barath Unit 2 has ramped up now and stabilised with Utkal PLF at 64% while KSK Mahanadi PLF has been raised to 79% vs 67% in the previous year. RE generation at 1.7BUs, up 32% YoY, primarily due to a 67% increase in wind generation.
• Capacity increase: 2.8GW total increase in installed capacity in 4QFY25, including 478MW wind (1.3GW FY25) and 2,150MW thermal (350MW JSW Unit 2- Utkal and 1,800 KSK Mahanadi).
• Acquisition:
o Finished acquisition of Hetero Group’s 125MW RE assets and KSK Mahanadi’s 3,600MW thermal plant.
o In April 2025, the company further acquired O2 Power’s 4.7 GW RE platform.
• Other details:
o Receivable days stood at 76 days. C&CE stood at INR56b.
- 09:37 | May 16, 2025
Stock market live today: Fund Houses Recommendations
Nomura on Eclerx: Maintain Buy on Company, target price at Rs 3600/Sh (Positive)
GS on Neuland Labs: Maintain Buy on Company, target price at Rs 14775/Sh (Positive)
CLSA on LIC Housing: Maintain Buy on Company, target price at Rs 720/Sh (Positive)
Citi on PB Fintech: Maintain Buy on Company, target price at Rs 2150/Sh (Positive)
Jefferies on PB Fintech: Maintain Buy on Company, target price at Rs 2000/Sh (Positive)
Jefferies on Crompton: Maintain Buy on Company, raise target price at Rs 485/Sh (Positive)
CLSA on Crompton: Maintain Accumulate on Company, raise target price at Rs 410/Sh (Positive)
Jefferies on Defence sector: Most Q4FY25 results have been strong so far. BEL, HAL and Data Patters are top picks (Positive)
MS on LIC Housing: Maintain Underweight on Company, target price at Rs 435/Sh (Neutral)
Jefferies on LIC Housing: Maintain Buy on Company, target price at Rs 700/Sh (Neutral)
Macquarie on Indusind Bank: Maintain Outperform on Bank, target price at Rs 1210/Sh (Neutral)
MS on Indusind Bank: Maintain Underweight on Bank, target price at Rs 755/Sh (Neutral)
Citi on Lupin: Maintain Buy on Company, target price at Rs 2260/Sh (Neutral)
MS on PB Fintech: Maintain Underweight on Company, target price at Rs 1130/Sh (Neutral)
Citi on Page Ind: Maintain Sell on Company, raise target price at Rs 37200/Sh (Positive)
Citi on Crompton: Maintain Buy on Company, cut target price at Rs 440/Sh (Neutral)
Nomura on Crompton: Maintain Buy on Company, cut target price at Rs 444/Sh (Neutral)
GS on Crompton: Maintain Buy on Company, cut target price at Rs 440/Sh (Neutral)
MS on Crompton: Maintain Underweight on Company, cut target price at Rs 317/Sh (Neutral)
JP Morgan on Crompton: Maintain Neutral on Company, cut target price at Rs 365/Sh (Neutral)
Nomura on Apollo Tyre: Maintain Neutral on Company, target price at Rs 490/Sh (Neutral)
MS on JSW Energy: Maintain Overweight on Company, target price at Rs 487/Sh (Neutral)
CLSA on JSW Energy: Maintain Underperform on Company, target price at Rs 423/Sh (Neutral)
CLSA on Indusind Bank: Downgrade to Hold on Bank, cut target price at Rs 780/Sh (Negative)
Investec on Indusind Bank: Downgrade to Sell on Bank, cut target price at Rs 650/Sh (Negative)
- 09:31 | May 16, 2025
Commodities market live today: Crude oil futures rise despite oversupply concerns; Brent at $64.61, WTI at $61.72
Crude oil futures gain despite oversupply concerns from US-Iran deal
Crude oil futures rise despite US-Iran nuclear deal concerns, impacting oil supply and demand outlook in global market.
- 09:23 | May 16, 2025
Stock in focus: Balmer Lawrie to close refinery and oil field services unit; stock down 4.75% a
Balmer Lawrie & Company board has approved the closure of business of Strategic Business Unit: Refinery and Oil Field Services of BL.
Stock traded at ₹216 on the NSE, down 4.75%
- 09:23 | May 16, 2025
Currency market live today: Rupee rises 12 paise to 85.42 against US dollar in early trade
Rupee rises 12 paise to 85.42 against US dollar in early trade
Rupee strengthens against the dollar due to FII inflows and weaker dollar index, despite trade deficit and crude oil rise.
- 09:21 | May 16, 2025
Stock market live today: GMR Airports granted concession to manage IGI Airport’s cargo terminal, stock steady at ₹88.64
GMR Airports Limited (formerly known as GMR Airports Infrastructure Limited), has been granted the concession to Operate, Maintain and Manage the Existing Cargo Terminal at Indira Gandhi International Airport (“IGI Airport”), New Delhi.
Stock traded flat at ₹88.64 on the NSE.
- 09:19 | May 16, 2025
OPENING BELL: Sensex declined 141.64 pts or 0.17% to 82,389.10 as at 9.18 am after opening at 82,392.63, and Nifty 50 slipped 37.70 pts or 0.15% to 25,024.40.
- 08:21 | May 16, 2025
Stock market live today: Private banks regain top spot in MF portfolios, hit 20-month high in April
Private banks regain top spot in MF portfolios, hit 20-month high in April
Mutual funds increase exposure to private banks, oil & gas, and consumer sectors in April 2025.
- 08:05 | May 16, 2025
Stock market live today: Indian investors gain ₹5 lakh crore as Nifty hits seven-month high of 25,000
On May 15, 2025, Indian investors saw their wealth surge by nearly ₹5 lakh crore as the NSE Nifty reclaimed the 25,000 level for the first time since October 17, 2024, marking a seven-month high. The BSE Sensex soared 1,200.18 points (1.48%) to close at 82,530.74, while the Nifty surged 395.20 points (1.60%) to 25,062.10. This rally added ₹4.72–5.22 lakh crore to investor wealth, with BSE’s total market capitalization reaching ₹439.94–440.2 lakh crore.
The broad-based rally was driven by aggressive buying in auto, IT, metal, and realty stocks, with top Nifty gainers including Hero MotoCorp, JSW Steel, HCL Tech, Tata Motors, and Trent. All sectoral indices ended in the green, with Nifty Auto, Realty, and Metals leading gains. Optimism stemmed from hopes of a US-India trade deal, easing inflation, and positive global cues, despite early volatility. Foreign portfolio investors were net buyers, and the India VIX dropped 1.93% to 16.89, signalling lower market volatility. Technical analysts suggest Nifty could target 25,200–25,400 if it holds above 24,800, with support at 24,450–24,500.
- 08:04 | May 16, 2025
Share market live today: Securities in F&O Ban For Trade Date 16- May-2025
* CDSL
* HINDCOPPER
* MANAPPURAM
- 08:04 | May 16, 2025
Share market live today: Stocks in News
Websol Energy System: Net Profit at Rs 48.27 Cr Vs loss Rs 58.57 Cr, Revenue at Rs 173 Cr Vs Rs 24.87 Cr (YoY) (Positive)
Vishnu Chemicals: Net Profit at Rs 38.93 Cr Vs Rs 27.73 Cr, Revenue at Rs 392 Cr Vs Rs 300 Cr (YoY) (Positive)
Godrej Industries: Net Profit at Rs 416.13 Cr Vs Rs -24.34 Cr, Revenue at Rs 5779 Cr Vs Rs 4567 Cr (YoY) (Positive)
Tega Industries: Net Profit at Rs 102 Cr Vs Rs 89.5 Cr, Revenue at Rs 536 Cr Vs Rs 507 Cr (YoY) (Positive)
Cantabil Retail: Net Profit at Rs 22.51 Cr Vs Rs 18.35 Cr, Revenue at Rs 219 Cr Vs Rs 194 Cr (YoY) (Positive)
Crompton Greaves Consumer: Net Profit at Rs 171.74 Cr Vs Rs 133.43 Cr, Revenue at Rs 2060 Cr Vs Rs 1961 Cr (YoY) (Positive)
Godfrey Phillips: Net Profit at Rs 279.61 Cr Vs Rs 215.12 Cr, Revenue at Rs 1887 Cr Vs Rs 1106 Cr (YoY) (Positive)
ZF Commercial Vehicle: Net Profit at Rs 126.71 Cr Vs Rs 100.19 Cr, Revenue at Rs 1011 Cr Vs Rs 958 Cr (YoY) (Positive)
Abbott: Net Profit at Rs 367 Cr Vs Rs 287 Cr, Revenue at Rs 1605 Cr Vs Rs 1438 Cr (YoY) (Positive)
ABDL: Net Profit at Rs 81 Cr Vs Rs 0.6 Cr, Revenue at Rs 1935 Cr Vs Rs 1757 Cr (YoY) (Positive)
BLS: Net Profit at Rs 135 Cr Vs Rs 80.8 Cr, Revenue at Rs 693 Cr Vs Rs 450 Cr (YoY) (Positive)
Kaynes: Net Profit at Rs 116 Cr Vs Rs 81.3 Cr, Revenue at Rs 984 Cr Vs Rs 673 Cr (YoY) (Positive)
Inventures: Net Profit at Rs 140 Cr Vs Rs 63.6 Cr, Revenue at Rs 724 Cr Vs Rs 620 Cr (YoY) (Positive)
Endurance: Net Profit at Rs 245 Cr Vs Rs 210 Cr, Revenue at Rs 2963 Cr Vs Rs 2685 Cr (YoY) (Positive)
PB Fintech: Net Profit at Rs 171 Cr Vs Rs 60.2 Cr, Revenue at Rs 1508 Cr Vs Rs 1090 Cr (YoY) (Positive)
Alivus: Net Profit at Rs 140 Cr Vs Rs 98 Cr, Revenue at Rs 650 Cr Vs Rs 536 Cr (YoY) (Positive)
Patanjali: Net Profit at Rs 360 Cr Vs Rs 206 Cr, Revenue at Rs 9690 Cr Vs Rs 8222 Cr (YoY) (Positive)
Balrampur: Net Profit at Rs 230 Cr Vs Rs 203 Cr, Revenue at Rs 1500 Cr Vs Rs 1434 Cr (YoY) (Positive)
BBTC: Net Profit at Rs 310 Cr Vs Rs 280 Cr, Revenue at Rs 4520 Cr Vs Rs 4162 Cr (YoY) (Positive)
Inox India: Net Profit at Rs 65.5 Cr Vs Rs 44.0 Cr, Revenue at Rs 370 Cr Vs Rs 276 Cr (YoY) (Positive)
KRN: Company’s subsidiary approved for Rs 141.72 Cr under India’s PLI Scheme for white goods (AC & LEDs). (Positive)
ASK Automotive: New Bangalore facility began production on Jan 14, 2025, with ramp-up plans. (Positive)
Lupin Ltd: Company Plans to launch 80+ new products in India and 50+ in developed markets over 5 years. (Positive)
Royal Orchid Hotels: Company has launched Regenta Waterfront Resort-Dapoli, its first property in Dapoli, Ratnagiri district, Maharashtra. (Positive)
RVNL: LOA Received from Central Railway for Rs 115.8 cr contract. (Positive)
Biocon: Company has received approval for its ANDA for Rivaroxaban Tablets USP from the US FDA. (Positive)
Pricol Ltd: Net Profit at Rs 34.94 Cr Vs Rs 41.5 Cr, Revenue at Rs 769 Cr Vs Rs 584 Cr (YoY) (Neutral)
Kennametal India: Net Profit at Rs 24.4 Cr Vs Rs 38.3 Cr, Revenue at Rs 289.6 Cr Vs Rs 268.8 Cr (YoY) (Neutral)
Spencers Retail: Net loss at Rs 68.40 Cr Vs Rs 80.69 Cr, Revenue at Rs 411.8 Cr Vs Rs 546.7 Cr (YoY) (Neutral)
Brand Concepts: Net Profit at Rs 1.30 Cr Vs Rs 1.79 Cr, Revenue at Rs 65.9 Cr Vs Rs 58. Cr (YoY) (Neutral)
Datamatics Global: Net Profit at Rs 44.88 Cr Vs Rs 52.1 Cr, Revenue at Rs 497 Cr Vs Rs 412 Cr (YoY) (Neutral)
Medi Assist Healthcare: Net Profit at Rs 21.58 Cr Vs Rs 25.51 Cr, Revenue at Rs 188.8 Cr Vs Rs 166.7 Cr (YoY) (Neutral)
Garware Technical Fibres: Net Profit at Rs 71.08 Cr Vs Rs 70.16 Cr, Revenue at Rs 432 Cr Vs Rs 382 Cr (YoY) (Neutral)
Global Health: Net Profit at Rs 101.3 Cr Vs Rs 127.3 Cr, Revenue at Rs 931 Cr Vs Rs 808 Cr (YoY) (Neutral)
Kaka Industries: Net Profit at Rs 6.34 Cr Vs Rs 6.51 Cr, Revenue at Rs 102 Cr Vs Rs 95 Cr (YoY) (Neutral)
LIC Housing: Net Profit at Rs 1368 Cr Vs poll Rs 1349 Cr, Revenue at Rs 7117 Cr Vs Rs 510.8 Cr (YoY) (Neutral)
JSW Energy: Net Profit at Rs 410Cr Vs Rs 351 Cr, Revenue at Rs 3190 Cr Vs Rs 2756 Cr (YoY) (Neutral)
PN Gadgil: Net Profit at Rs 62 Cr Vs Rs 55 Cr, Revenue at Rs 1570 Cr Vs Rs 1497 Cr (YoY) (Neutral)
Kanpur Plast: Net Profit at Rs 2.9 Cr Vs Rs 2.6 Cr, Revenue at Rs 180 Cr Vs Rs 160 Cr (YoY) (Neutral)
NCC: Net Profit at Rs 250 Cr Vs Rs 239 Cr, Revenue at Rs 6130 Cr Vs Rs 6485 Cr (YoY) (Neutral)
Pricol: Net Profit at Rs 35 Cr Vs Rs 41.5 Cr, Revenue at Rs 750 Cr Vs Rs 566 Cr (YoY) (Neutral)
PDS: Net Profit at Rs 40.3 Cr Vs Rs 45.8 Cr, Revenue at Rs 3526 Cr Vs Rs 3220 Cr (YoY) (Neutral)
GR Infra: Net Profit at Rs 403 Cr Vs Rs 554 Cr, Revenue at Rs 2276 Cr Vs Rs 2485 Cr (YoY) (Neutral)
Orient Tech: Net Profit at Rs 13.4 Cr Vs Rs 12.7 Cr, Revenue at Rs 260 Cr Vs Rs 200 Cr (YoY) (Neutral)
Nocil: Net Profit at Rs 20.4 Cr Vs Rs 41.1 Cr, Revenue at Rs 340 Cr Vs Rs 357 Cr (YoY) (Neutral)
IFCI: Net Profit at Rs 273 Cr Vs Rs 216 Cr, Revenue at Rs 223 Cr Vs Rs 436 Cr (YoY) (Neutral)
Mukka Proteans: Net Profit at Rs 13.6 Cr Vs Rs 27 Cr, Revenue at Rs 380 Cr Vs Rs 260 Cr (YoY) (Neutral)
Kennametal: Net Profit at Rs 24 Cr Vs Rs 38 Cr, Revenue at Rs 290 Cr Vs Rs 269 Cr (YoY) (Neutral)
Ceigall India: Company announced the approval of a scheme of arrangement for the merger of its wholly-owned subsidiary, Ceigall Infra Projects Private Limited, with C & C Construction Limited. (Neutral)
Infosys: Company extends strategic collaboration with DNB Bank ASA to accelerate its digital transformation (Neutral)
Avro India: Company incorporated ‘Avro Recycling Limited’ on May 14, 2025 as a wholly owned subsidiary. (Neutral)
ITC Hotels: The company plans to invest Rs 328 Cr in building a 200-key hotel in Visakhapatnam, Andhra Pradesh. (Neutral)
Larsen and Toubro: Company to Limit Secondary Acquisition of Shares of E2E Networks from Promoter To 2.98%. (Neutral)
Bajaj Auto: Board approves additional investment of up to Rs 1,199.92 crore in Netherlands-arm Bajaj Auto International Holdings BV (Neutral)
Raymond: Harmohan Sahni has been appointed as the managing director of Raymond Realty, while stepping down from his role as the company’s executive director. (Neutral)
JSW Infra: Promoters to sell shares worth Rs $141m or Rs 1200 crores via block deal (Neutral)
Alkem Lab: Arm Enzene Biosciences has detected a cyber security incident on its U.S. where business eMail IDs of certain employees were compromised. (Neutral)
SBI: Bank to evaluate raising up to $3 billion via offshore bonds on May 20. (Neutral)
BEML: Ex- date on Today, Dividend - Rs 15.0 per Share. (Neutral)
GE Shipping: Ex- date on Today, Dividend - Rs 5.4 per Share. (Neutral)
Manappuram: Ex- date on Today, Dividend - Rs 0.5 per Share. (Neutral)
Aptech: Ex- date on Today, Dividend - Rs 4.5 per Share. (Neutral)
Advance Enzyme: Ex- date on Today, Dividend - Rs 4.0 per Share. (Neutral)
IEX: Ex- date on Today, Dividend - Rs 1.5 per Share. (Neutral)
Kewal Kiran: Ex- date on Today, Dividend - Rs 2.0 per Share. (Neutral)
Aptus: Ex- date on Today, Dividend - Rs 2.5 per Share. (Neutral)
SBIN: Ex- date on Today, Dividend - Rs 15.9 per Share. (Neutral)
Authum: Ex- date on Today, Dividend - Rs 0.5 per Share. (Neutral)
Bikaji Foods: Net Profit at Rs 49 Cr Vs Rs 116 Cr, Revenue at Rs 585 Cr Vs Rs 606 Cr (YoY) (Negative)
Neulad Lab: Net Profit at Rs 28 Cr Vs Rs 68 Cr, Revenue at Rs 328 Cr Vs Rs 385 Cr (YoY) (Negative)
Nocil: Net Profit at Rs 20.4 Cr Vs Rs 41.1 Cr, Revenue at Rs 340 Cr Vs Rs 357 Cr (YoY) (Negative)
Elpro: Net Profit at Rs 7.4 Cr Vs Rs 24.0 Cr, Revenue at Rs 69.9 Cr Vs Rs 116 Cr (YoY) (Negative)
IndusInd Bank: Faces Scrutiny over Accounting Irregularities: CNBC (Negative)
- 08:03 | May 16, 2025
Stock market live today: Major U.S. listed stocks result calendar 16.05.2025
RBC Bearings Incorporated (Post market) (Sector- Capital Goods)
Brookfield Renewable Corporation (TENT) (Sector- Power)
- 08:02 | May 16, 2025
Stock market live today: Economic Calendar – 16.05.2025
18:00 U.S. Building Permits (Expected: 1.45M versus Previous: 1.48M)
19:30 U.S. Prelim UoM Consumer Sentiment (Expected: 53.1 versus Previous: 52.2)
19:30 U.S. Prelim UoM Inflation Expectations (Previous: 6.5%)
- 08:02 | May 16, 2025
Stock market live today: Q4FY25 EARNING CALENDAR 18.05.2025
ASMTECH
Q4FY25 EARNING CALENDAR 19.05.2025
ACMESOLAR, BEL, BHARATWIRE, BOROLTD, CARYSIL, CMSINFO, DLF, DODLA, DOMS, ECOSMOBLTY, ERIS, GLOBUSSPR, GMRP&UI, GUJGASLTD, HEG, HLEGLAS, HNDFDS, HONDAPOWER, IGPL, INNOVACAP, IRB, JKPAPER, JWL, KDDL, KSCL, MARKSANS, MOBIKWIK, MOLDTKPAC, NAVNETEDUL, NIACL, NLCINDIA, NORTHARC, PETRONET, PFIZER, PIIND, POWERGRID, QUESS, RBA, REDINGTON, SOTL, SPARC, SUNDROP, SYNCOMF, ZYDUSWELL
BEL YoY
* Revenue expected at Rs 8961 crore versus Rs 8564 crore
* EBITDA expected to be seen at Rs 2225 crore versus Rs 2287 crore
* EBITDA margin expected to be seen at 24.83% versus 26.71%
* Net profit expected to be seen at Rs 1768 crore versus Rs 1797 crore
DLF YoY
* Revenue expected at Rs 2360 crore versus Rs 2134 crore
* EBITDA expected to be seen at Rs 488 crore versus Rs 717 crore
* EBITDA margin expected to be seen at 20.70% versus 33.62%
* Net profit expected to be seen at Rs 689 crore versus Rs 920 crore
GUJGASLTD QoQ
* Revenue expected at Rs 4140 crore versus Rs 4152 crore
* EBITDA expected to be seen at Rs 407 crore versus Rs 380 crore
* EBITDA margin expected to be seen at 9.83% versus 9.16%
* Net profit expected to be seen at Rs 227 crore versus Rs 221 crore
PETRONET QoQ
* Revenue expected at Rs 12828 crore versus Rs 12226 crore
* EBITDA expected to be seen at Rs 1185 crore versus Rs 1247 crore
* EBITDA margin expected to be seen at 9.24% versus 10.20%
* Net profit expected to be seen at Rs 822 crore versus Rs 867 crore
PIIND YoY
* Revenue expected at Rs 1857 crore versus Rs 1741 crore
* EBITDA expected to be seen at Rs 462 crore versus Rs 444 crore
* EBITDA margin expected to be seen at 24.87% versus 25.51%
* Net profit expected to be seen at Rs 352 crore versus Rs 369 crore
POWERGRID YoY
* Revenue expected at Rs 11705 crore versus Rs 11978 crore
* EBITDA expected to be seen at Rs 9853 crore versus Rs 10099 crore
* EBITDA margin expected to be seen at 84.18% versus 84.31%
* Net profit expected to be seen at Rs 4194 crore versus Rs 4166 crore
- 08:01 | May 16, 2025
Stock market live today: Q4FY25 EARNING CALENDAR 17.05.2025
AMBER, ARVINDFASN, BANCOINDIA, BIRLANU, DATAPATTNS, DIVISLAB, GAEL, HAPPYFORGE, JGCHEM, PRECWIRE, PREMIERENE, ROTO, UFLEX, ZENTEC
DATAPATTNS YoY
* Revenue expected at Rs 300 crore versus Rs 182 crore
* EBITDA expected to be seen at Rs 116 crore versus Rs 93 crore
* EBITDA margin expected to be seen at 38.74% versus 51.03%
* Net profit expected to be seen at Rs 89 crore versus Rs 71 crore
DIVISLAB YoY
* Revenue expected at Rs 2565 crore versus Rs 2303 crore
* EBITDA expected to be seen at Rs 835 crore versus Rs 731 crore
* EBITDA margin expected to be seen at 32.58% versus 31.74%
* Net profit expected to be seen at Rs 618 crore versus Rs 538 crore
- 08:01 | May 16, 2025
Stock market live today: Q4FY25 Earning Calendar 16-05-2025
ASIANENE, BBL, BHEL, BMW, CENTRUM, CREDITACC, DELHIVERY, DHANUKA, DPABHUSHAN, EIHAHOTELS, EMAMILTD, ESAFSFB, EUREKAFORB, GALAXYSURF, GPTINFRA, GUJALKALI, HERITGFOOD, HYUNDAI, INDIAGLYCO, INDRAMEDCO, IOLCP, JUBLPHARMA, KALAMANDIR, KPIL, KRBL, KROSS, MATRIMONY, MPSLTD, MUKANDLTD, NAVA, NESCO, NUCLEUS, POCL, RATNAMANI, RELINFRA, REPCOHOME, SAINTGOBAIN, SAMMAANCAP, SCI, SGMART, SHANKARA, SHK, STLTECH, SYSTMTXC, TIRUMALCHM
BHEL YoY
* Revenue expected at Rs 11060 crore versus Rs 8260 crore
* EBITDA expected to be seen at Rs 1102 crore versus Rs 727 crore
* EBITDA margin expected to be seen at 9.97% versus 8.81%
* Net profit expected to be seen at Rs 989 crore versus Rs 489 crore
EMAMILTD YoY
* Revenue expected at Rs 943 crore versus Rs 891 crore
* EBITDA expected to be seen at Rs 222 crore versus Rs 211 crore
* EBITDA margin expected to be seen at 23.55% versus 23.67%
* Net profit expected to be seen at Rs 170 crore versus Rs 148 crore
HYUNDAI QoQ
* Revenue expected at Rs 17297 crore versus Rs 16648 crore
* EBITDA expected to be seen at Rs 2093 crore versus Rs 1875 crore
* EBITDA margin expected to be seen at 12.09% versus 11.27%
* Net profit expected to be seen at Rs 1316 crore versus Rs 1160 crore
- 07:50 | May 16, 2025
Stock market live today: Himadri immune to China’s moves, says CMD Anurag Choudhary
Himadri immune to China’s moves, says CMD Anurag Choudhary
Himadri Speciality Chemical, India's largest carbon black maker, remains unaffected by China's market behavior, focusing on exports and operational efficiencies.
- 07:34 | May 16, 2025
Stock market live today: Markets set for firm start on strong domestic cues; bulls regain ground
Markets set for firm start on strong domestic cues; bulls regain ground
Indian equity market poised for gains, driven by strong corporate earnings, global cues, and bullish derivatives setup.
- 07:33 | May 16, 2025
WATCH: Today’s Stock Recommendation: May 16, 2025
- 07:18 | May 16, 2025
Technicals: trading guide for May 16, 2025: Intraday supports, resistances for Nifty50 stocks
Day trading guide for May 16, 2025: Intraday supports, resistances for Nifty50 stocks
Get intraday support/resistance levels for Nifty Futures & top stocks, along with trade recommendations & risk disclaimer.
- 07:16 | May 16, 2025
BL Interview: In talks with Government to introduce protection measures for stainless steel: Abhyuday Jindal
In talks with Government to introduce protection measures for stainless steel: Abhyuday Jindal
Jindal Stainless sees growth in domestic demand for stainless steel, addressing concerns over imports and expansion plans.
- 06:47 | May 16, 2025
Watch out for these stocks today: IndusInd Bank, Infy, Shraddha Prime, Vipul Organics, GPT Infra, JK Tyre, JSW Energy, Alkem Lab, Bajaj Auto
Watch out for these stocks today: IndusInd Bank, Infy, Shraddha Prime, Vipul Organics, GPT Infra, JK Tyre, JSW Energy, Alkem Lab, Bajaj Auto
IndusInd Bank discloses financial discrepancies, TPG sells Onesource Specialty Pharma shares, Infosys collaborates with DNB Bank, and more.
Published on May 16, 2025
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