tock Market on 29 January 2025 | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets.
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- January 29, 2025 16:32
The live blog is now closed.
- January 29, 2025 16:19
Stock market live today: India’s digital transactions surge 94x in volume, led by UPI boom: RBI
Digital transactions soared 94 times in volume and 3.5 times in value between 2013 and 2024, buoyed by the spectacular progress of the Unified Payments Interface (UPI) and the plethora of digital payment options available, according to the Reserve Bank of India.
- January 29, 2025 16:04
Stock Market Live Updates: Updates from companies
- WESTLIFE FOODWORLD reported consolidated net profit for the quarter ended December 2024 at ₹7.01 crore as against ₹17.24 crore in the corresponding quarter previous year. Stock traded at ₹722.95 on the NSE, up 1.85%.
Ram Ratna Wires’ consolidated net profit for the quarter ended December 2024 was up ₹18.34 crore as against ₹11.71 crore in the corresponding quarter previous year. Stock surged 4.57% on the NSE to ₹532.05
Garden Reach Shipbuilders & Engineers Limited ( GRSE ) & Apollo Micro Systems Limited ( AMS ) signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems. GRSE stock gained 1.78% on the NSE to ₹1,534, and Apollo Micro Systems stock climbed 5.33% to ₹125.27.
- January 29, 2025 16:02
Stock Market Live Updates: Infosys announced the expansion of its collaboration with Siemens AG
- January 29, 2025 16:02
Stock Market Live Updates: Bansal Wire Industries stock rallied 10% to close at its upper circuit on the NSE at ₹397.65
Bansal Wire Industries recorded its consolidated net profit for the quarter ended December 2024 at ₹41.6 crore as against ₹15.3 crore in the corresponding quarter previous year.
- January 29, 2025 16:01
Stock Market Live Updates: Top Gainers and Top Losers
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- January 29, 2025 16:01
Stock Market Live Updates: Sensex gained 631.55 pts or 0.83% to close at 76,532.96, and Nifty 50 surged 205.85 pts or 0.9% to end at 23,163.10.
- January 29, 2025 15:14
Stock Market Live Updates: Jupiter Wagons board has approved the raising of funds via QIP up to ₹3,000 crore.
The company reported consolidated net profit for the quarter ended December 2024 at ₹96.43 crore as against ₹51.46 crore in the corresponding quarter previous year.
Stock traded at ₹365.10 on the NSE, lower by 7.74%.
- January 29, 2025 15:11
Stock Market Live Updates: Mr. Gurmeet Singh Chawla, Director Master Capital Services Ltd on Tax Relief, Infrastructure Growth, and ESG Investments in Union Budget
As India anticipates the Union Budget 2025-26, several expectations have emerged that could significantly impact wealth management strategies. There is an expectation that the government may raise the basic exemption limit for personal income tax, with EY India suggesting an increase from ₹3 lakh to ₹5 lakh. This move could enhance disposable income and stimulate economic growth. Investors are also hopeful for a more streamlined capital gains tax structure across various asset classes, which could reduce complexity and improve compliance. Deloitte anticipates that the government may introduce measures to simplify the tax structure, potentially facilitating smoother merger and acquisition deals.
On the investment front, the government is expected to maintain a strong focus on infrastructure development, with previous budgets allocating a capital expenditure outlay of 11.1 trillion rupees for this purpose. Similar or increased allocations are anticipated, continuing to drive growth in sectors like construction, cement, steel, and engineering. Furthermore, with the global shift towards sustainability, there is an expectation for increased emphasis on renewable energy and green technologies. Incentives for green bonds or Environmental, Social, and Governance (ESG) investments may also be introduced, aligning with global sustainability goals.
For wealth management, these changes could necessitate adjustments in investment strategies to maintain tax efficiency, especially with potential modifications in income and capital gains taxes. The anticipated increased government spending in infrastructure and green energy sectors could also make related investment avenues more lucrative. As regulatory changes, particularly concerning mutual funds and other investment vehicles, are likely, staying informed and consulting with financial advisors will be crucial for navigating these shifts effectively. In summary, the upcoming budget is expected to introduce measures that could influence various aspects of wealth management, from tax planning to investment strategies.
- January 29, 2025 15:10
Stock Market Live Updates: Nupur Anand, Associate Partner, Forensic Investigation Services, Forvis Mazars in India
“The upcoming budget holds the promise of propelling India’s economy to greater heights in FY2025. With an immense focus on “Make in India” initiatives, an increasing regulatory oversight in the financial sector and a thriving global capability hub as key themes, the budget could further address issues faced by foreign companies doing business in India, attract investments for MSME entities and address inflationary pressures. By focusing on export competitiveness, sustainable infrastructure, and inclusive growth measures, the budget has the potential to strengthen India’s economic resilience and position it as a leader in the global economic landscape”
- January 29, 2025 15:09
Stock Market Live Updates: Adani Power reported its consolidated profit at ₹2,940.07 crore as against ₹2,737.96 crore in the corresponding quarter previous year.
The board has approved enhancement and combination of the previously approved fund-raising limit by way of nonconvertible debentures (“NCDs”) from Rs. 5,000 crores to Rs. 11,000 crores, which are to be raised through public issue or private placement, or a mix thereof.
It has also approved raising of funds for an amount not exceeding ₹5,000 crore via QIP.
Shares traded at ₹523.55 on the NSE, higher by 5.30%
- January 29, 2025 15:09
Stock Market Live Updates: Top Gainers and Top Losers in NSE at 3:05 PM
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- January 29, 2025 15:08
Stock Market Live Updates: Stocks advanced on BSE at 3.05 pm on January 29, 2025, were 2,920 against 1,033 stocks that declined, and 97 remained unchanged. Total stocks traded were 4,050.
The number of stocks that recorded a 52-week high was 51, and those that hit a 52-week low was 144. A total of 304 stocks traded in the upper circuit, and 257 in the lower circuit.
- January 29, 2025 15:06
Stock Market Live Updates: Dr. R.G. Agarwal, Chairman Emeritus, Dhanuka Agritech Limited
“To empower Indian farmers and accelerate agricultural growth, we anticipate exempting essential agricultural inputs such as agrochemicals, drones, and modern implements from GST or reducing the rate to a maximum of 5%. The current 18% GST on these items discourages farmers from adopting advanced technologies vital for bridging the yield gap with developed nations. This high tax burden often forces farmers to rely on low-quality alternatives, leading to reduced productivity, lower incomes, and significant losses for the nation in terms of GDP and food security.
Additionally, lowering the import duty on pesticide technicals and formulations continues to 10% making advanced innovative crop solutions more affordable and accessible. Encouraging domestic R&D through reinstating a 200% tax deduction on research expenses and allocating a dedicated budget for agrochemical innovation will foster self-reliance and reduce dependency on imports. We appreciate the various initiatives by the Hon’ble Agriculture Minister, Shri Shivraj Singh Chouhan, giving focus to the agriculture sector under the dynamic leadership of Hon’ble Prime Minister, Shri Narendra Modi.
India’s agricultural research needs urgent attention. Only 0.06% of GDP is allocated to R&D, compared to 4.5-5% in developed nations, limiting our capacity to innovate. Reinstating the 200% tax incentive for R&D would encourage domestic innovation, reduce dependence on foreign technology, and ensure farmers benefit from cutting-edge solutions.
The agrochemical industry, contributing USD 5.5 billion annually to India’s agricultural exports, is pivotal to strengthening agriculture. Strategic measures like tax incentives, a Production Linked Incentive (PLI) scheme and a review of the Insecticides Act to streamline faster new product approvals will empower farmers, enhance productivity, and position India as a global leader in agriculture.”
- January 29, 2025 14:54
Stock Market Live Updates: Quote on Pre-Budget expectations | Raghvendra Nath, MD, Ladderup Wealth Management
“As we approach the Union Budget for 2025, we anticipate a comprehensive and broad-based fiscal plan from the Modi government, marking its first full-fledged budget in this term. The government is expected to focus on continued infrastructure investment, particularly in critical areas such as housing, electricity, and employment generation.
The targeted fiscal deficit is projected to be around 4.5% of GDP, reflecting the government’s commitment to maintaining macroeconomic stability amidst global uncertainties.
While there may be discussions around potential relief for taxpayers, we do not anticipate any major changes in the overall tax structure in this budget. Instead, the focus will likely remain on enhancing capital expenditure and stimulating consumption to revitalize the economy, ultimately balancing support for growth initiatives with fiscal responsibility and setting a positive direction for India’s economy in the coming fiscal year.”
- January 29, 2025 14:52
Stock Market Live Updates: Mr. Sanjaya Mariwala, President of the IMC Chamber of Commerce and Industry and Executive Chairman & Managing Director of OmniActive Health Technologies
“The Union Budget should focus on continuity in its policies—frequent changes can disrupt confidence and long-term planning. Therefore, it is imperative to maintain 98% of the existing framework and communicate to the world about the consistency maintained. In fact, the Budget should focus on improving internal governance—diverting resources towards more impactful initiatives and eliminating redundant schemes. Necessary changes should be made wherever required with supporting rationale.
This will also create a business-friendly environment, which is essential for India to attain its goal of Viksit Bharat. Streamlined regulations and a robust single-window clearance system can remove obstacles form industries, helping them utilise their full potential and drive economic expansion. High-tech manufacturing sectors, especially space, semiconductors, and chips, must form the core of this approach. Expanding the Production-Linked Incentive (PLI) scheme beyond its current 14 sectors would further bolster India’s industrial base and enhance resilience against global disruptions.
Agriculture is equally important and remains central to India’s economic fabric. Initiatives such as One District, One Warehouse, can minimise post-harvest losses and improve supply chain efficiency, resulting in an increase in farmer incomes.
By rationalising GST, reforming labour laws and incentivising green technologies, India can address the burgeoning issue of climate change while fostering resilience. These interconnected efforts, backed by public-private collaboration, can transform India into a future-ready, globally competitive economy.”
- January 29, 2025 14:51
Stock Market Live Updates: BHEL shares soared 5.48% on the NSE to ₹197.90 post Q3 results.
- January 29, 2025 14:51
Stock Market Live Updates: JBM Auto reported its consolidated profit after tax at ₹56.45 crore as against ₹52.06 crore in the corresponding quarter previous year.
Shares up 2.76% on the NSE to trade at ₹1,400.05
- January 29, 2025 14:51
Stock Market Live Updates: Patel Engineering informed the exchange about the resignation of Priti Patel, Senior Vice President – Business Development, w.e.f Feb 3, 2025.
- January 29, 2025 14:51
Stock Market Live Updates: Radico Khaitan stock surged 3.27% on the NSE to trade at ₹2,180.25
Radico Khaitan reported its consolidated net profit for the quarter ended December 2024 at ₹95.49 crore as against ₹75.15 crore in the corresponding quarter previous year
- January 29, 2025 14:50
Stock Market Live Updates: Datamatics Global Services stock gained 1.71% on the NSE to ₹624.70
Datamatics Global Services reported its consolidated net profit for the quarter ended December 2024 at ₹74.61 crore as against ₹41.41 crore in the corresponding quarter previous year.
- January 29, 2025 14:50
Stock Market Live Updates: Orient Electric stock traded flat on the NSE at ₹220.
Orient Electric board has approved the payment of interim dividend of Rs 0.75 per equity share and fixed Tuesday, February 04, 2025, as the record date.
Company reported its net profit for the quarter ended December 2024 at ₹27.17 crore as against ₹24.33 crore in the corresponding quarter previous year.
- January 29, 2025 14:49
Stock Market Live Updates: Mr. Manish Bhandari, CEO and Portfolio Manager at Vallum Capital Advisors- on LTCG tax, scrappage incentives and the EV sector, GST on health and life insurance premiums
Reducing the LTCG tax on equities from 12.5% to 10% would leave an additional 2.5% of gains in investors’ hands as investable capital. This surplus capital is likely to be reinvested in the market, enhancing liquidity and deepening market penetration.
Similarly, reintroducing indexation benefits for debt mutual funds would ensure that investors are taxed only on real gains, making long-term investments in debt markets more attractive. These changes align with global best practices and can create a virtuous cycle—encouraging more retail and institutional participation, strengthening capital markets, and driving sustainable long-term growth.
A stronger push for the vehicle scrappage policy could be a game-changer. Enhancing scrappage incentives to 8–10% of a new vehicle’s price and providing stronger benefits for electric vehicle (EVs) adoption would modernize India’s automotive landscape. Expanding scrapping facilities and automating fitness tests would make the process seamless. More importantly, linking scrappage with EV adoption would accelerate India’s transition to cleaner mobility while generating jobs in manufacturing and recycling. These measures mirror global best practices, such as Germany’s Umweltprämie and China’s EV incentives. This move not only reduces pollution but also boosts GST revenues—making it a win-win for both the economy and the environment.
Lowering the GST rate on health and life insurance premiums from 18% to 5% would significantly reduce costs, making it more affordable and accessible. A lower GST rate would encourage more people across income levels to invest in health and life coverage. While there may be an initial reduction in GST collections per policy, the long-term impact could be much more positive—higher insurance penetration would offset revenue losses, while also reducing the financial burden on public healthcare infrastructure aligning with the government’s broader objective of strengthening social safety nets.
Targeted infrastructure investments in underserved areas, including rural housing under PMAY, health and wellness centres, and broadband expansion under BharatNet, would drive inclusive economic growth. Improved healthcare, digital access, and transport connectivity would uplift living standards, reduce poverty, and foster greater economic participation. For instance, extending housing and clean water access to marginalized communities would not only enhance quality of life but also stimulate local economies. Prioritizing such investments ensures equitable development, bridges regional disparities, and lays the foundation for sustainable growth, aligning with India’s broader economic and social objectives.
- January 29, 2025 14:48
Stock Market Live Updates: Craftsman Automation stock fell 2.42% on the NSE to ₹4,304.70
Craftsman Automation’s consolidated net profit for the quarter ended December 2024 declined to ₹12.93 crore as against ₹81.47 crore in the corresponding quarter previous year.
- January 29, 2025 14:47
Stock Market Live Updates: Deepak Fertilizers and Petrochemicals Corporation stock rallied 11.89% on the NSE to ₹1251.75
Deepak Fertilizers and Petrochemicals Corporation reported its consolidated net profit for the quarter ended December 2024 at ₹253.09 crore as against ₹60.53 crore in the corresponding quarter previous year.
- January 29, 2025 14:47
Stock Market Live Updates: Teamlease Services stock traded flat on the NSE at ₹2,528.
Teamlease Services Limited reported its consolidated net profit for the quarter ended December 2024 at ₹28.37 crore as against ₹31.12 crore in the corresponding quarter previous year.
- January 29, 2025 14:46
Stock Market Live Updates: Computer Age Management Services board has approved the payment of an Interim Dividend of Rs. 17.50 per equity share.
Its consolidated net profit for the quarter ended December 2024 at ₹124.10 crore as against ₹88.53 crore in the corresponding quarter previous year.
CAMS stock gained 3.71% on the NSE to ₹3,858.55
- January 29, 2025 14:46
Stock Market Live Updates: Maruti Suzuki stock traded at ₹11,933.45 on the NSE, down 1.57%.
Maruti Suzuki India’s consolidated net profit increased by 16 per cent to ₹3,727 crore for the third quarter ended December 31, 2024, as against ₹3,207 crore in the October-December period of last fiscal.
- January 29, 2025 14:02
Stock Market Live Updates: Ambuja Cements Q3 preview: Profit, revenue decline expected
Ambuja Cements (ACL), an Adani Group company, is expected to report a top-line in the range of ₹8,022 crore to ₹9,076 crore in the December quarter, according to estimates from top stock broking firms.
While Yes Securities sees a 1.3 per cent year-on-year decline in ACL’s Q3FY25 revenue, Nuvama Institutional Equities estimates a jump of up to 12 per cent jump.
Net profit is expected to be in the range of ₹74 crore to ₹1,022 crore, representing a decline of 6 per cent to 32 per cent in net profit.
Read full report here
- January 29, 2025 13:57
Stock Market Live Updates: Ajay Kakra, Partner - Food and Agribusiness, Forvis Mazars India
“Indian agriculture needs to be supported by strong research for the development of resilient seeds for better adoption to climatic changes. Sustained budgetary focus on varietal development can provide farmers with better and more climate-resilient options. This can be a great support to farmers for increasing yield by 15-40% from limited land resources. Agri infrastructure is a critical factor in the development of the sector. Last year a budget of INR 600 cr was allocated to AIF for promoting the creation of infrastructure at the farm and organisation level. The scheme should be promoted further with a larger budget to support micro infrastructure development not only in Agriculture but also in allied sectors such as dairy, fisheries, floriculture, beekeeping and medicinal plants. Further, schemes to promote digital agriculture should be promoted in the upcoming budget to enable seedless connectivity and data flow from producers to consumers. Digital infrastructure, supported by tools such as blockchain and IoT, can help farmers make better, informed decisions, create preparedness for nature’s unpredictability, and manage price fluctuations in the market.”
- January 29, 2025 13:53
Stock Market Live Updates: CSB Bank Q3 FY25 results: The key takeaways
CSB Bank reported an overall good set of numbers for the quarter ended December 2024. Here’s what stood out:
Stellar business growth
In Q3 FY25, the banking sector has been impacted by liquidity tightness in the system, having a say on growth in deposits and consequentially the growth in advances. The system level growth in deposits was seen at 9.8 per cent year on year and the growth in advances at 11.2 per cent.
However, CSB Bank was an exception. It’s business (deposits and advances) grew at over twice the system level growth, unlike some bigger banks. Deposits grew at 22.2 per cent and advances at 26.5 per cent year on year.
Read full report here
- January 29, 2025 13:52
Stock Market Live Updates: Aluminium scales back from the high
Aluminium futures broke out of a range and marked a 11-quarter high last week. The continuous contract marked a high of ₹256.45 on January 20. But then the price started to moderate.
On Tuesday (January 28), aluminium futures (February) closed at ₹247.35.
Although the price has dropped, we cannot really call it a trend reversal. Especially considering that a retracement is usual after a sharp up move.
Read full report here
- January 29, 2025 13:51
Stock Market Live Updates: Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services
‘’The world seems to be different in the last one week. DeepSeek has taken the world by storm over last couple of days – DeepSeek R1, dropped last week is already comparing with OPEN AI’s top models across math, code, and reasoning tasks and at fraction of costs!! The platform is open source, and the massive research is out there for anyone to threadbare!
The way all the semi names have given up gains and corrected, difficult to say, that we are done yet there as uncertainty would continue to prevail over what the true demand would be for the chips, fabrication plants, energy, etc. There is likely to be some commentary from the Mega Cap names later this week – Apple, MSFT, TSLA, META, ASML, etc – hopefully, some clarity may emerge on what DeepSeek would eventually mean for Big Tech.
INDIA during the week extended the sell off, with SMID indices draw down now approaching 15-18% - already the biggest drawdown since start of 2022. We would be favouring a sharp bounce here, given how oversold the momentum indicators are, but any sustained rally would require some direction from FM (Saturday Budget) and RBI (easing of lending norms, rate cut, etc).
RBI has already initiated some announcements as regards unconventional easing – need to follow up with more of such announcements and rate cut perhaps in Feb. Liquidity Deficit has ballooned to INR 3.1trn, prompting RBI to announce slew of measures like:
· OMO purchase of INR 600bn in 3 equal tranches
· 6mth tenor USD/INR buy/sell swap of $5bn on Jan 31st
· Longer tenor 56-day VRR of INR 500bn on Feb 7th to add durability to liquidity
the measures announced could improve the system liquidity deficit to INR 2.4trn by end March, with core deficit likely around INR 1.0-1.2trn, implying that more measures are likely to be announced. Our economist suggests that these are unconventional easing mechanisms, and probably precursor to a likely monetary policy easing too in Feb !!
Having lost around 3% of its value so far in the month, Nifty looks on track to end January on a negative note to mark the fourth consecutive month of correction — an exceptionally rare occurrence that hasn’t been reported in the last 23 years. Fed action, slew of reforms in the budget and liquidity easing by the central bank will set the tone for the markets in the coming 2-3 months. The FII’s have been sellers almost to the tune to ~ 1 bn USD even in Jan.
Technically a push beyond 23200 will determine the future trend.’’
- January 29, 2025 13:51
Stock Market Live Updates: Deepashree Shetty, Partner, Global Employer Services, Tax & Regulatory Services, BDO India
“The Budget announced in July 2024 brought limited changes for individual taxpayers, leaving many to hope that the upcoming Budget 2025 will deliver the much-needed tax relief to alleviate their financial pressures. There is a strong expectation that the government will focus on improving taxpayers’ savings by introducing reforms such as a unified tax regime and enhanced deductions.
The Dilemma of Old vs New Tax Regimes - The introduction of two tax regimes - Old Tax Regime (OTR) and New Tax Regime (NTR) - was intended to offer taxpayers flexibility, allowing them to choose the system that best suits their investments, savings habits, and preferences. However, the reality has been far more complex. Many taxpayers find themselves confused between the two regimes, often reassessing their choice not only during the year but also while filing their tax returns. In light of these complexities, the upcoming Budget should focus on simplifying the tax structure for individual taxpayers by consolidating the current dual regimes into a single, cohesive tax framework. While this shift may take time, it is anticipated that the OTR may eventually be phased out, with its abolition ideally scheduled for FY 2026-27 to provide ample time for taxpayers, employers, and financial institutions to adjust.
A Single, More Beneficial Tax Regime - Since the introduction of the NTR, the options for tax savings have been limited, making it essential to reconsider and amend the structure for the benefit of taxpayers. While the NTR is preferred as a streamlined tax system, it can be made even more effective by incorporating the following key changes:
Simplification of income tax slabs and rates:
Increasing the basic exemption limit of income from INR 3 lakhs to INR 5 lakhs. The differences between tax slabs are currently inconsistent at INR 2 lakhs or INR 3 lakhs. A more uniform approach is needed with consistent income gaps.
Introducing a new 25% tax rate slab will provide further tax relief for middle-income earners. The tax rates currently stand at 5%, 10%, 15%, 20% and 30%. The income limit for the 30% should be enhanced from INR 15 lakhs to INR 20 lakhs.
Inclusion of popular deductions under the NTR:
Section 80C: Allow deductions up to INR 2 lakhs for life insurance premiums, employees’ Provident Fund contributions, etc.
Section 80D: Extend the deduction up to INR 1 lakh for health insurance premiums for self and family, addressing the growing burden of medical expenses.
Section 80TTB: Include a deduction of up to INR 50,000 for senior citizens earning interest from deposits with banks, post offices, etc.
10(13A): Allow salaried taxpayers to claim HRA deductions for rental expenditure under the NTR.
These proposed amendments will make the NTR not only simpler but also more tax-efficient”
- January 29, 2025 13:50
Stock Market Live Updates: Triveni Turbine Limited has received an order valued at ₹2.9 billion from NTPC Limited for the project of CO2-based standalone Energy Storage System at NTPC Kudgi, Karnataka
- January 29, 2025 13:50
Stock Market Live Updates: Indian Bank shares surge 5.40% on the NSE to ₹541.90.
Indian Bank reported a standalone net profit for the quarter ended December 2024 at ₹2,852.36 crore as against ₹2,119.35 crore in the corresponding quarter previous year.
- January 29, 2025 13:35
Stock market live updates: Blue Jet Healthcare net profit at ₹98.9 crore in December quarter as against ₹32.1 crore in same previous quarter; stock hits upper circuit on NSE at ₹632.35, higher by 10%
- January 29, 2025 13:34
Stock market live updates today: Gujarat Fluorochemicals’ consolidated net profit grows to ₹126 crore in December 2024 quarter; shares surge on the NSE
Gujarat Fluorochemicals’ consolidated net profit for the quarter ended December 2024 stood at ₹126 crore as against ₹80 crore in the corresponding quarter previous year.
Shares zoom 6.73% on the NSE to ₹3,575.75
- January 29, 2025 13:32
Stock market live updates: Ambuja Cements consolidated net profit in December 2024 quarter at ₹2,620.09 crore as against ₹1,090.73 crore in same previous quarter. Stock at ₹532.20 on NSE, down 2.02%
- January 29, 2025 13:19
Stock market live updates today: Markets rally; Sensex surges past 76,400 on auto, tech strength
Equity markets extended their morning gains in Wednesday’s mid-day trading, with the benchmark Sensex climbing 533.11 points or 0.70 per cent to 76,434.52, while the broader Nifty rose 182.20 points or 0.79 per cent to 23,139.45, as investors positioned themselves ahead of the U.S. Federal Reserve’s interest rate decision. Read more
- January 29, 2025 13:11
Stock market live updates today: Top gainers among Nifty Auto stocks: TVS Motor (7.12%), Bajaj Auto (3.49%), Tata Motor (2.54%), Eicher Motors (2.10%)
- January 29, 2025 13:11
Stock market live updates today: JSW Energy shares tank 6.98% on NSE to ₹468.80. Consolidated net profit dips over 27 per cent to ₹168 crore in December quarter against ₹231 crore in year-ago period
- January 29, 2025 13:08
Stock market live updates today: smallcase survey finds that managers expect a comprehensive bouquet of reforms through tax changes and incentives
smallcase has released a Managers Budget 2025-26 Survey Report detailing the expectations from the Union Budget. With over 100 managers on the smallcase platform, the survey indicated that managers expect a comprehensive bouquet of reforms through tax changes and incentives. Over 50% smallcase managers expect fiscal deficit to remain below 5%. Over 75% smallcase managers expect government’s FY25 borrowing to increase and there is a growing interest in ESG investments, driven by policy alignment.
Growth rate, Inflation and Fiscal Deficit
The survey indicates a moderate optimism in the GDP growth rate of FY25.
26% smallcase managers foresee the GDP growth falling between 5-6%
56% expect it to be between 6-7%
17%, they projected the GDP growth to be 7% or higher, which can be said as cautious yet optimistic about India’s economic growth direction.
Regarding the inflation rate, 52% smallcase managers predict a rate of 4-5%, which is in line with the Reserve Bank of India’s target range. 39% expect inflation to hover around 5-6%, while almost 9% anticipate it will fall below 4%, signaling potential moderation in price pressures.
When it comes to fiscal deficit targets, more than 52% expect it to remain below 5%, while 35% project a range of 5-5.5%. A smaller proportion, 12%, predict it may go slightly higher to 5.5-6%, or even exceed 6%.
Over 75% of the respondents are bullish that the government’s FY25 borrowing programme will see moderate to strong increase.
Speaking on the survey, Vasanth Kamath, Founder and CEO, smallcase said, “The Union Budget is a pivotal event that shapes India’s economic trajectory for the years ahead. Our manager survey reflects the expectations of industry stakeholders, highlighting a strong focus on growth-driving reforms, sustainability, and digital transformation.”
- January 29, 2025 13:06
Stock market live updates today: Maruti Suzuki board approves scheme of amalgamation of Suzuki Motor Gujarat with company
Maruti Suzuki India Ltd board has approved the scheme of amalgamation of Suzuki Motor Gujarat Private Ltd, a wholly-owned subsidiary, into and with the Company.
Further, the board has approved re-appointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for a further period of three years with effect from 1st April, 2025 till 31st March, 2028.
- January 29, 2025 13:04
Stock market live updates: KPIT Technologies consolidated net profit in quarter ended December 2024 at ₹186.9 crore as against ₹156.7 crore in same previous quarter. Shares flat on NSE at ₹1,264.45
- January 29, 2025 13:02
Stock market live updates today: Motilal Oswal Mutual Fund launches new fund offer
Motilal Oswal Mutual Fund (‘MOMF’) has launched its latest new fund offer (NFO), ‘Motilal Oswal Innovation Opportunities Fund’, an an open-ended equity scheme following innovation theme.
Key Fund Details: NFO Period: 29th January 2025 to 12th February 2025
Investment Objective: To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies that will benefit from the adoption of innovative strategies or following the innovation theme. However, there can be no assurance that the investment objective of the scheme will be realised.
Benchmark: Nifty 500 Total Return Index Portfolio Strategy: The fund is market cap agnostic and will invest in upto *~35 stocks with High Active Share and High Conviction
*~As per current FM Strategy
Investor Profile: The fund is suitable for investors who are seeking capital appreciation over long-term by investing predominantly in equity or equity related investments of companies that will benefit from adoption of innovative strategies or following the innovation theme.
Motilal Oswal Innovation Opportunities Fund adopts a forward-thinking approach, identifying unique opportunities and capitalizing emerging trends ahead of the market curve. The Fund utilizes a bottom-up investment strategy, with the portfolio positioned as ‘Anti-Fragile,’ designed to withstand and potentially benefit from market volatility and disruption. It focuses on investing in disruptive companies driven by innovation, with a concentrated portfolio of approximately 35 high-conviction stocks.
Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company Ltd (MOAMC), said “India is making remarkable strides in innovation, climbing from **66th position in 2013 to 39th in 2024 on the Global Innovation Index and securing #3rd place in the Global Unicorn Index. This progress is driven by developments in digital transformation, a thriving start-up ecosystem, the adoption of green energy, and government schemes such as PLI and Make in India. We believe that with the right demographics and changing consumer needs driven by convenience and high disposable income, India is poised to reach the cusp of innovation, unlocking investment opportunities in disruptive and innovative companies.”
Niket Shah, Chief investment Officer, Motilal Oswal Mutual Fund, said, “Our innovation fund is designed for investors seeking exposure to transformative opportunities in India’s growth story. It aims to capitalize on opportunities or challenges faced by companies, sectors, or the economy, aiming to leverage temporary disruptions driven by our strong research expertise. It will follow a disciplined investment approach based on our Quality, Growth, Longevity, and Price (‘QGLP’) philosophy, prioritizing a minimum threshold set for ROCE/ROE to ensure sustainable growth by investing in themes identified by investment team collectively. Currently, the fund will have 65% representation in house themes, 25% allocation outside house themes, and a 10% provision for risk mitigation.”
The Fund will be managed by Niket Shah (Chief Investment Officer, Fund Manager), Atul Mehra (Fund Manager), Rakesh Shetty (Fund Manager Debt Component) and Sunil Sawant (Fund Manager - Overseas Component).
- January 29, 2025 13:00
Stock market live updates: IFCI Ltd board approves preferential issue against capital infusion for FY 2024-25 aggregating up to ₹500 crore to the Government of India. Shares up 2.98% on NSE to ₹53.59
- January 29, 2025 12:34
Stock market live updates today: RailTel Corporation bags Rs 17.12-crore Navodaya Vidyalaya Samiti work order to procure & maintain IT Infrastructure projects; stock surges 4.60% on NSE to ₹367.55
- January 29, 2025 12:31
Stock market live updates: Wonder Electricals reported net profit in quarter ended December at ₹5.09 crore as against 2.99 crore in same previous quarter. Shares gain 2.75% on NSE to ₹172.06
- January 29, 2025 12:30
Stock market live updates today: KPIT Technologies board declares n interim dividend of ₹2.50 per share
- January 29, 2025 12:30
Stock market live updates today: Augmont expands SPOT Gold Trading platform with lab grown diamond integration for global markets
Augmont, India’s largest gold trading platform, announced that it has added Lab Grown Diamonds (LGD) to its existing online SPOT trading platform for precious metals catering to more than 5,000 jewellers across the country.
The enhanced SPOT 2.0 platform brings Augmont’s 17 years of precious metals trading expertise to the growing LGD sector. This addition represents an evolution of diamond trading infrastructure, particularly as India maintains its position as the world’s largest diamond cutting and polishing destination.
The platform enhancement introduces transparent pricing mechanisms and streamlined procurement processes for the LGD market inspiring confidence among key stakeholders. This strategic move is set to streamline the procurement for jewellers while establishing a transparent and efficient pricing mechanism for the rapidly growing LGD market in India.
Mr. Ketan Kothari, Director of Augmont Group, said, “Augmont has firmly established itself as India’s go-to destination for buying and selling gold. Building on this strong foundation, we are proud to have our own lab-grown diamond (LGD) platform on Augmont SPOT, addressing the surging demand in this rapidly growing industry. The platform will enable market pricing and delivery of these diamonds globally including USA, Europe, Gulf and East Asia’’
Mr. Aarav Bafna, Product Head (LGD), Augmont, said, “With the extended version of SPOT, we plan to set a benchmark for LGD pricing. The current LGD pricing model, based solely on discounts relative to mined diamonds, is fundamentally flawed and irrational. Augmont is here to transform that narrative. Just as we revolutionized gold trading and price discovery in India, we are now ready to redefine and reimagine the LGD market.”
SPOT offers a comprehensive and unified trading experience, enabling jewellers to source all their manufacturing requirements—including gold, silver, platinum, lab-grown diamonds, precious metal alloys, precious stones, and other essential materials—through a single integrated online platform. It also features real-time price discovery powered by advanced algorithms and market mechanisms, ensuring transparent and fair pricing. Quality assurance is a priority, with certification and verification processes for all listed diamonds. Built upon Augmont’s proven 17-year-old trading infrastructure, SPOT ensures seamless integration for a reliable and efficient trading experience.
The platform addresses the growing demand for lab-grown diamonds, which have gained significant market share due to their sustainable nature and competitive pricing. SPOT is expected to handle substantial trading volumes, reflecting India’s dominant position in the global LGD polishing industry.
As per the Commerce Ministry’s data, India polishes almost 98% of all lab-grown diamonds in the world in 2022.
As per the EY report, the demand for Lab-Grown Diamonds is rising across the world, and its global market size is growing at 8.64% CAGR to touch $39.3 billion by 2028. And the Indian lab-grown diamond jewellery market, which was valued at around $300 million in 2023, is set to increase to $1.2 billion by 2033.
- January 29, 2025 12:29
Stock market live updates: Rane Engine Valve net loss at ₹8.86 crore in quarter ended December 2024 as against net profit at ₹3.50 crore in same previous quarter. Stock down 1.93% on NSE to ₹323.45
- January 29, 2025 12:27
Stock market live updates today: UTI Mutual Fund launches 2 Index Funds: UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund & UTI Nifty India Manufacturing Index Fund
UTI Mutual Fund (UTI MF) has launched two new index funds: UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (An open-ended scheme replicating/tracking the Nifty Midsmallcap 400 Momentum Quality 100 Total Return Index (TRI)) and UTI Nifty India Manufacturing Index Fund (An open-ended scheme replicating/tracking the Nifty India Manufacturing Total Return Index (TRI))
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
The Scheme is a first of its kind offering in the industry with the index fund structure and also UTI’s first multi-cap and multi-factor index fund, an innovative addition to its index fund offerings. This open-ended scheme is benchmarked to Nifty MidSmallcap 400 Momentum Quality 100 TRI. The scheme’s combination provides investors the benefit from combination of two factor strategies in one fund, exposure to companies with relatively better growth potential and quality within the mid-small cap segment and builds style diversification in the portfolio. The fund is a low-cost index fund that shall endeavour to achieve return equivalent to returns of the underlying index while minimizing tracking error.
Salient Features:
NFO Period: 28th January 2025 to 10th February 2025
Fund Manager: Sharwan Kumar Goyal, Head – Passive, Arbitrage & Quant Strategies
- January 29, 2025 12:25
Stock market live updates today: MCX to remain open on Budget Day, 1st February 2025
The Multi Commodity Exchange of India Ltd. (MCX), India’s leading Exchange in the Commodity Derivatives Market segment, shall be conducting a special live trading session on Saturday, February 1, 2025, to make available the trading platform for market participants on account of presentation of the Union Budget, supporting their real-time risk management and hedging requirements.
The exchange will remain open for normal trade from 9.00 a.m. to 5.00 p.m.
For complete details, please refer to MCX circular no. MCX/TRD/841/2024 dated December 24, 2024, and for clearing and settlement, please refer to MCXCCL circular no. MCXCCL/C&S/327/2024 dated December 30, 2024.
- January 29, 2025 12:11
Stock market live updates today:
1. Va Tech: ORDER
Company secures a 7-year operations contract worth ₹121 Cr for the BAPCO Refining Industrial Wastewater Treatment Plant in Bahrain.
2. Kilburn: ACQUISITION
Company acquired Monga Strayfield for INR 123 Cr to enhance its global presence in RF drying and heating solutions. With a strong USA and Europe customer base, the acquisition adds expertise in textiles and packaged foods, expected to boost Company’s topline by INR 80 Cr and improve margins.
3. Home First: GOOD TO EXCELLENT RESULTS
For the quarter ending Dec-24, Sales up 37% YoY from INR 296 Cr in Dec-23 to INR 406 Cr in Dec-24. Similarly, Net Profit up 23% from INR 79 Cr to INR 97 Cr. On a QoQ basis, Sales up 9% and Net Profit up 5%.
4. Dynamic Cables: GOOD TO EXCELLENT RESULTS
For the quarter ending Dec-24, Sales up 31% YoY from INR 192 Cr in Dec-23 to INR 252 Cr in Dec-24. Similarly, Net Profit up 2x from INR 8 Cr to INR 16 Cr. On a QoQ basis, Sales up 8% and Net Profit up 14%.
5. Aurionpro Solutions: GOOD RESULTS
For the quarter ending Dec-24, Sales up 32% YoY from INR 231 Cr in Dec-23 to INR 306 Cr in Dec-24. Similarly, Net Profit up 26% from INR 38 Cr to INR 48 Cr. On a QoQ basis, Sales up 10% and Net Profit up 4%.
- January 29, 2025 12:06
Stock market live updates today: Top gainers, losers on the NSE as at 12 noon
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- January 29, 2025 12:06
Stock market live updates today: BSE snapshot at 12 noon
Of 3,901 stocks traded on the BSE at 12 noon on January 29, 2025, 2,870 advanced against 882 stocks that declined, and 149 remained unchanged. While 41 stocks recorded a 52-week high, 122 hit a 52-week low. A total of 208 stocks traded in the upper circuit, and 234 in the lower circuit.
- January 29, 2025 12:03
Stock market live updates today: Anshu Sarin, CEO, 91Springboard
“The future of India’s flex space industry lies in a synergistic partnership between the government and the private sector. The government can play a pivotal role by introducing policy frameworks that encourage innovation -such as tax incentives, streamlined regulatory approvals, and interest subvention schemes to ease capital access for operators. Integrating flex spaces into urban development projects, like smart cities, IT parks and transport hubs, will further bolster growth and establish them as a vital component of India’s economic infrastructure. At the same time, the private sector must rise to the challenge by delivering world-class, technology driven workspace solutions that cater to the evolving needs of businesses and professionals. Investments in sustainable practices, digital infrastructure like 5G and enhanced customer experiences will ensure long term viability and competitiveness. When the public and private sectors collaborate with a shared vision, we can create an ecosystem that not only supports India’s economic ambitions but also redefines how businesses operate in the modern era.”
- January 29, 2025 11:52
Stock market live updates today: Cartrade Tech consolidated net profit in December quarter at ₹45.53 crore as against ₹23.55 crore net loss in same previous quarter. Shares jump 7.46% on NSE to ₹1,470
- January 29, 2025 11:44
Stock market live updates today: ITC Hotels debuts at ₹180, slips 2.4% in early trade
ITC Hotels, the demerged hospitality business of ITC Limited, made its stock market debut at ₹180 on the National Stock Exchange (NSE) on Wednesday, January 29, 2025. The stock subsequently declined to ₹175.60, down 2.44. from its listing price, as of 11.05 am. Read more
- January 29, 2025 11:42
Stock market live updates today: Bank Nifty prediction today – Jan 29, 2025: Surpasses a barrier, consider buying futures
Bank Nifty opened today’s session with a minor gap-up at 48,997 versus yesterday’s close of 48,867. It advanced further and is currently hovering around 49,120, up 0.5 per cent. Read more
- January 29, 2025 11:40
Stock market live updates today: Aarti Industries subsidiary and Re Sustainability and Recycling joint venture to drive development of plastics Recycling Facilities; Aarti Industries stock up on NSE
Re Sustainability and Recycling Pvt Ltd (ReSRL), a Re Sustainability Company (ReSL), and Aarti Circularity Ltd (ACL), a wholly-owned subsidiary of Aarti Industries Ltd (AIL), a player in speciality chemicals, have joined hands to establish a transformative Joint Venture Company (JV Co) to drive the development of Plastic Materials Recycling Facilities (PMRFs) across India, aiming to revolutionise plastic resource recovery and sustainable resource management practices.
Aarti Industries stock gained 4.31% on the NSE to ₹428.10
- January 29, 2025 11:34
Stock market live updates today: Veranda Learnig Solutions Ltd partners with Nursing Europe AS (NE); shares traded at ₹221 on the NSE, down 1.44%.
- January 29, 2025 10:59
Stock market live updates today: Bajaj Auto shares rally 2.65% despite mixed Q3 results
Bajaj Auto shares jumped 2.65 per cent or ₹222.60 to ₹8,621 on the NSE today at 10.35 am, following the release of its third-quarter results. The two-wheeler manufacturer reported a slight decline in net profit to ₹2,018.7 crore compared to ₹2,042 crore in the same quarter last year, missing analyst estimates of ₹2,128 crore. Read more
- January 29, 2025 10:58
Stock market live updates today: Top gainers among Nifty PSU Bank stocks: Indian Bank (2.37%), Union Bank (2.14%), Bank of Maharashtra (1.72%), Bank of Baroda (1.23%)
- January 29, 2025 10:58
Stock market live updates today: Nifty Prediction today – Jan 29, 2025: Resistance ahead, buy futures on a breakout
Nifty 50, the benchmark index, opened today’s session higher at 23,027 versus yesterday’s close of 22,957. The index is currently trading at 23,085, up 0.5 per cent. Read more
- January 29, 2025 10:50
Stock market live updates today: Denta Water stock hits upper cirucit on the NSE at ₹341.25, after a 10.5 per cent premium listing at ₹325 over the IPO price of ₹294
- January 29, 2025 10:44
Stock market live updates: MobiKwik shares gained 4.19% on NSE to trade at ₹431.75, after it announced a full version of India’s Central Bank Digital Currency e-rupee in tie-up with RBI and YES Bank
- January 29, 2025 10:34
Stock market live updates: Acme Solar Holdings consolidated net profit for December 2024 quarter at ₹112 crore as against ₹44.4 crore in the same previous quarter. Stock soars 7.99% on NSE to ₹187.74
- January 29, 2025 10:32
Stock market live updates today: Crude oil futures decline as API data indicates US inventory build
Crude oil futures traded lower on Wednesday morning as the industry body American Petroleum Institute (API) indicated an increase in inventories in the US for the week ending January 24. Read more
- January 29, 2025 10:30
Stock market live updates today: KPI Green Energy inks pact with Odisha Government to establish Renewable Energy Parks in Ganjam district; stock hits upper circuit on the NSE at ₹333.20
- January 29, 2025 10:29
Stock market live updates today: Morning quote from Deveya Gaglani, Research Analyst-Commodities, Axis Securities
“MCX Gold surged to a record high of Rs 80,326 per 10 grams, rising by more than 700 points. The pullback in the dollar index and weak consumer data print from the USA lifted the sentiment of precious metals. Investors sought safe-haven assets after the stock market rout, particularly in the US tech stock. The focus will shift to today’s FOMC meeting. Jerome Powell may address President Trump’s recent call for lower interest rates, which could influence market expectations regarding the Fed’s future actions
- January 29, 2025 10:23
Stock market live updates today: Suzlon Energy stock locked in upper circuit post Q3 results. Trades higher on the NSE
Suzlon Energy stock locked in upper circuit post Q3 results. Traded at ₹52.77, higher by 5% on the NSE. The company had posted 91 per cent jump in consolidated net profit at Rs 388 crore for December quarter on the back of higher revenues.
- January 29, 2025 10:21
Stock market live updates today: ITC Hotels lists on NSE
- January 29, 2025 10:19
Stock market live updates today: Markets open higher on Fed meet day; tech stocks lead rally
Benchmark indices opened higher on Wednesday as global cues remained positive ahead of the US Federal Reserve’s interest rate decision, with technology stocks leading the gains following overnight rallies in US markets.
The Sensex opened higher at 76,138.24 compared to its previous close of 75,901.41 and is currently trading at 76,169.38, up by 267.97 points or 0.35 per cent. Similarly, the Nifty opened at 23,026.75 against its previous close of 22,957.25 and is now at 23,040.10, gaining 82.85 points or 0.36 per cent. Technology and auto stocks outperformed, while FMCG counters witnessed selling pressure.
“The market’s focus will be on three main factors: the US Fed’s interest rate decision, the Union Budget set to be announced on Saturday, and corporate earnings reports,” said Vikas Jain, Head of Research at Reliance Securities. Read more
- January 29, 2025 09:51
Stock market live updates: Bosch stock falls 6% on reporting profit-after-tax (including exceptional items) at ₹458 crore in the December 31 quarter, down 12 per cent year-on-year from ₹518 crore
- January 29, 2025 09:48
Stock market live updates today: UTI AMC shares declined 1.43% on the NSE to ₹1,036.95 post Q3 results
- January 29, 2025 09:44
Q3 Results Live: Bajaj Auto - top gainer post Q3 results; Adani Power, Tata Motors, Maruti Suzuki, Indian Bank, Hindustan Motors, Ambuja Cements, Bajaj Finance, Voltas to announce Q3 results today
Track the Q3 results live here
- January 29, 2025 09:43
Stock market live updates: Jubilant Pharmova arm’s Singapore subsidiary to acquire 80% equity capital in JASMIN; shares up on NSE
Jubilant Pharmova has informed the exchanges that Jubilant Biosys Innovative Research Services Pte Limited, Singapore (JBIRSPL), a subsidiary of Jubilant Biosys Ltd, a wholly-owned subsidiary of the company, has executed the transaction definitive agreements with Pierre Fabre SA, and its affiliate entities (“PF”), for JBIRSPL to acquire 80% equity capital in JASMIN (new company incorporated by PF in France, as a Société par Actions Simplifiée (SAS)), with remaining 20% retained by PF. In respect of an application made by JBIRSPL (for the said acquisition of 80% equity in JASMIN), the French Ministry of Economy and Finance has asserted that the transaction is not subject to foreign investment control in France.
Shares up 1.49% on the NSE to ₹895.05
- January 29, 2025 09:38
Stock market live updates today: VA TECH WABAG bags ₹121-crore order from BAPCO Refining B.S.C for operation of wastewater treatment plant in Bahrain; shares gain on NSE
VA TECH WABAG expands presence in the Middle East region and strengthen its leadership in the O&M business, securing an order worth ~USD 14 Million (₹121 Crore) from BAPCO Refining B.S.C (BAPCO) towards operation (O&M) of Industrial Wastewater Treatment Plant (IWTP) in Bahrain, for a period of 7 years.
Shares gained 3.88% on the NSE to 1,260.7
- January 29, 2025 09:35
Stock market live updates: L&T Technology Services Ltd awarded multi-year, $80-million deal with a US-based manufacturer of industrial products and solutions. Stock surges 3.98% on NSE to ₹5,324.9
L&T Technology Services Ltd awarded multi-year, $80-million deal with a US-based manufacturer of industrial products and solutions. Stock surged 3.98% on the NSE to ₹5,324.90
- January 29, 2025 09:33
Stock market live updates today: Top gainers, losers on the NSE as at 9.30 am
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- January 29, 2025 09:28
Stock market live updates today: Crude oil futures trade lower
Crude oil futures traded lower on Wednesday morning as the industry body American Petroleum Institute (API) showed an increase in inventories in the US for the week ending January 24. At 9.25 am on Wednesday, April Brent oil futures were at $76.31, down by 0.24 per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $73.67, down by 0.14 per cent. February crude oil futures were trading at ₹6390 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹6340, up by 0.79 per cent, and March futures were trading at ₹6337 against the previous close of ₹6298, up by 0.62 per cent.
- January 29, 2025 09:23
Stock market live updates today: Sensex climbs 266.57 points or 0.35 per cent to 76,167.98 as at 9.17 am, and Nifty 50 gained 67.75 points or 0.3 per cent to trade at 23,025
- January 29, 2025 09:23
Stock market live updates today: LTTS bags multiyear contract valued at $80 million with a US-based industrial company (Supportive for stock prices)
- January 29, 2025 09:22
Stock market live updates today: ITC Hotels Limited
Listing Date: Wednesday, January 29, 2025 (Today)
Scrip Code of ITC Hotels Limited is as under:
NSE: ITCHOTELS
BSE: 544325
Group: “T”
ISIN No: INE379A01028
The Scrip will be in Trade-for-Trade segment for 10 trading days.
Face Value: Rs. 1/- each fully paid
ITC Limited (Demerged Company)
ITC Hotels Limited (Resulting Company)
Ratio: 1:10 (For every 10 shares held in ITC Limited, the shareholders will receive 1 shares in ITC Hotels Limited)
- January 29, 2025 09:21
Stock market live updates today: Open Offer_ Closes Today
Company: Prataap Snacks Ltd (DIAMONDYD)
Type of Offer: Acquisition
Acquirer: Authum Investment & Mahi Madhusudan Kela
Issue of Public Announcement: 26-Sep-2024
Offer price Rs: 865.66
CMP: Rs 1003.00
(%Prem.)/Disc.: (15.9)%
Offer Size : Rs 545.22 Cr
Proposed Acq. No. of shares: 0.63 cr
Proposed Acq. : 26%
Schedule of Activity:
Start Date: 16 Jan 2025
End Date: 29 Jan 2025 (Today)
Obligation Date: 11 Feb 2025
Settlement Date: 12 Feb 2025
- January 29, 2025 09:21
Stock market live updates today: UPL Limited_ Record Date Tomorrow_First call notice on partly paid-up equity shares
Issue Price: Rs 360/-
Application Money: Rs 90/-
First Call: Rs 90/-
UPL Price: Rs 539.00/-
UPLPP Price: Rs 259.35/-
Symbol: UPLPP
BSE Code: 890209
Last Day to Trade: Wednesday, 29th January, 2025 (Today)
Record Date: Thursday, 30th January, 2025
- January 29, 2025 09:20
Stock market live updates today: Q3FY25 Important Result Calendar
Wednesday, 29 January, 2025 (Today)
Derivative Segment
• Bajaj Finance Ltd.
• CAMS Ltd.
• KPIT Tech Ltd.
• Tata Motors Ltd.
• Maruti Suzuki Ltd.
• Ambuja Cements Ltd.
• Indian Bank
• Jindal Stainless Ltd.
• SRF Ltd.
• Voltas Ltd.
Cash Segment
• Blue Dart Ltd.
• Blue Star Ltd.
• Craftsman Auto Ltd.
• Westlife Food Ltd
• Radico Khaitan Ltd.
• Tamilnad Mercantile Ltd.
• Brigade Enterprises Ltd.
• Deepak Fertilisers Ltd.
• Gujarat Fluoro Ltd.
• JBM Auto Ltd.
• Adani Power Ltd.
• Asahi India Glass Ltd.
• Chalet Hotels Ltd.
• eClerx Services Ltd.
• Hitachi Energy Ltd.
• Jupiter Wagons Ltd.
• Olectra Greentech Ltd.
• Quess Corp Ltd.
• Usha Martin Ltd.
Thursday, 30 January, 2025
Derivative Segment
• Bajaj Finserv Ltd.
• Bharat Electronics Ltd.
• Biocon Ltd.
• Container Corp Ltd.
• Dabur India Ltd.
• Navin Fluorine Ltd.
• Shree Cement Ltd.
• Kalyan Jewellers Ltd.
• Larsen & Toubro Ltd.
• PB Fintech Ltd.
• Bank Of Baroda
• Tata Consumer Ltd.
• Adani Enterprises Ltd.
• Adani Ports Ltd.
• Astral Ltd.
• Coromandel Int Ltd.
• Dr. Lal Pathlabs Ltd.
• GAIL (India) Ltd.
• Jindal Steel Ltd.
• Max Healthcare Ltd.
• Prestige Estates Ltd.
Cash Segment
• Bajaj Holdings Ltd.
• Ajanta Pharma Ltd.
• Star Cement Ltd.
• Aavas Financiers Ltd.
• Clean Science Ltd.
• Praj Industries Ltd.
• The Phoenix Mills Ltd.
• Vedant Fashions Ltd.
• Welspun Living Ltd.
Friday, 31 January, 2025
Derivative Segment
• Chola Inv & Fin Ltd.
• Marico Ltd.
• Nestle Ltd.
• Poonawalla Fincorp Ltd.
• ONGC Ltd.
• Sun Pharma Ltd.
• City Union Bank Ltd.
• IndusInd Bank Ltd.
• LIC Housing Ltd.
• Bandhan Bank Ltd.
Cash Segment
• Mahindra Holidays Ltd.
• Mahindra Lifespace Ltd.
• Medplus Health Ltd.
• Jyothy Labs Ltd.
• Aptus Value Housing Ltd.
• Equitas SFB Ltd.
• Five-Star Business Ltd.
• Pfizer Ltd.
• GMDC Ltd.
• Inox Wind Ltd.
• Jubilant Pharmova Ltd.
• Nuvama Wealth Ltd.
• Relaxo Footwears Ltd.
• Triveni Turbine Ltd.
Saturday, 1 February, 2025
Derivative Segment
• Aarti Industries Ltd.
Cash Segment
• Vinati Organics Ltd.
Monday, 3 February, 2025
Derivative Segment
• Aditya Birla Cap Ltd.
• Tube Investments Ltd.
• Divi’s Lab Ltd.
• HFCL Ltd.
Cash Segment
• Castrol India Ltd.
• Gland Pharma Ltd.
• Garden Reach Ship Ltd.
• Alembic Pharma Ltd.
• K.P.R. Mill Ltd.
• KEC Int Ltd.
Tuesday, 4 February, 2025
Derivative Segment
• Asian Paints Ltd.
• Max Financial Ltd.
• Titan Ltd.
• Tata Power Ltd.
• Godrej Properties Ltd.
Cash Segment
• BASF India Ltd.
• Thermax Ltd.
• Global Health Ltd.
• Happiest Minds Ltd.
• Mishra Dhatu Ltd.
• JB Chemicals Ltd.
• Kajaria Ceramics Ltd.
• Lemon Tree Ltd.
• Zydus Wellness Ltd.
• TRIVENI ENGINEERING LTD
Wednesday, 5 February, 2025
Derivative Segment
• Cummins India Ltd.
• Page Industries Ltd.
• Info Edge (India) Ltd.
• Zydus Lifesciences Ltd.
Cash Segment
• Kansai Nerolac Paints Ltd.
• Timken India Ltd.
Thursday, 6 February, 2025
Derivative Segment
• BSE Ltd.
• Aurobindo Pharma Ltd.
• SBI
• Trent Ltd.
• Hero MotoCorp Ltd.
• Ramco Cements Ltd.
• Bharti Airtel Ltd.
• Britannia Ind Ltd.
• ITC Ltd.
• PI Industries Ltd.
Cash Segment
• Motherson Sumi Wiring Ltd.
• Aadhar Housing Ltd.
• Bharat Dynamics Ltd.
• Bharti Hexacom Ltd.
• Bikaji Foods Ltd.
• ZF Commercial Vehicle Ltd.
Friday, 7 February, 2025
Derivative Segment
• LIC
Cash Segment
• Akzo Nobel Ltd.
• Chola Fin Hold Ltd.
• Latent View Analytics Ltd.
• Honeywell Auto Ltd.
• 3M India Ltd.
• Action Construction Ltd.
• Firstsource Solutions Ltd.
Saturday, 8 February, 2025
Derivative Segment
NIL
Cash Segment
• Amara Raja E&M Ltd.
Monday, 10 February, 2025
Derivative Segment
• Bata India Ltd.
• Apollo Hospitals Ltd.
• Escorts Kubota Ltd.
Cash Segment
• CRISIL Ltd.
• Esab India Ltd.
• Gillette India Ltd.
• Glaxosmithkline Pharma Ltd.
• HBL Engineering Ltd.
• Elgi Equipments Ltd.
Tuesday, 11 February, 2025
Derivative Segment
• Berger Paints India Ltd.
Cash Segment
• P&G H&H Ltd.
• HEG Ltd.
• Bayer CropScience Ltd.
• Astrazeneca Pharma Ltd.
• RHI Magnesita Ltd.
Wednesday, 12 February, 2025
Derivative Segment
• Muthoot Finance Ltd.
Cash Segment
• Endurance Tech Ltd.
• P&G Health Ltd.
• Suven Pharma Ltd.
• IFCI Ltd.
Thursday, 13 February, 2025
Derivative Segment
• Hindalco Ind Ltd.
• United Breweries Ltd.
Cash Segment
• Concord Biotech Ltd.
Tuesday, 18 February, 2025
Derivative Segment
• ABB India Ltd.
Cash Segment
NIL
- January 29, 2025 09:19
Stock market live updates today: Brokerage recommendations
Jefferies on ITC
Maintain Buy, TP 550
Believe Union Budget remains key event for tobacco
Build in 5% effective tax rate hike which would be positive
But 5-9% tax hike would be tough yet manageable
Tobacco taxation was last changes in 2023, resulted in 2% increase in tax per stick
Co should be able to offset this with 3-4% product price hike
Continues to trade 45-50% discount to peers
HSBC On Cipla
Buy Call, Target Rs1,800/Sh
Q3 PAT Beat Est On Better Sales Mix, Lower R&D, And One-Offs
FY25 EBITDA Margin Guidance Increased
Line-Up Of Differentiated Launches Should Support US Sales In Medium Term
Lanreotide Supply Should Normalise In Q1FY26
FDA Approvals For Abraxane And Advair Are Key Catalysts
Nomura On Cipla
Buy Call, Target Rs1,780/sh
Q3 Ahead Of Estimates
Delay In Key US Launches Impacts FY26 Est; Retain FY27 Est
Citi On Colgate
Sell Call, Target Cut To Rs2,600 From Rs3,000/sh
Cons Revenue Grew 5%, Largely In-Line
Domestic Biz Rev Grew 3% YoY Vs Mid-single Digit Growth For HUL’s Oral Care BIZ
Indication That, Increased Trade & Consumer Promotions-Led Realisations Declined
Product Pricing Was Flat YoY
Believe More Promotional Intensity Due To Competitive Activity In A Subdued Demand Environ
Jefferies On Kaynes
Upgrade To Buy Call, Target Price Cut To Rs5,400/Sh From Rs6,950/Sh
Co Has Sharply Corrected By Around 38% In Past 1 Month
Core OPM At 14-15% Is Much Higher Than Peers
9MFY25 Sales/PAT Robust At +49%/+74%YoY
Q3 Orderbook Up +60%YoY To Rs60 Bn
Co Targets Rs35 Bn Sales From OSAT By FY30 Est FY25-27e EPS CAGR At +50% Driven By Strong Orderbook Appears Well-Poised To Benefit From Component Eco-System
Nomura On Kaynes
Buy Call, Target Price At Rs6,146/Sh
EMS Demand Tailwinds In Place
3Q EBITDA Below Est, Healthy Order Wins Drive Growth Visibility
OSAT/PCB Long-term Catalysts
Co targets Rs28-29 Bn In Rev And Maintains 15%+ Margin For FY25E
Stock Currently Trades At 36x FY27F EPS
Nomura On CG Power
Buy Call, Target Price At Rs900/Sh
Robust Ordering; Operationally Mixed Results In 3Q
Estimate Sales/PAT CAGR of 32%/38% Over FY25F-27F Based On Diversified Growth Levers
Miss On EBITDA Primarily Due To Industrial Systems
Further Capex Augmentation Planned Given Healthy Demand Visibility
MS On BHEL
Overweight Call, Target Price At Rs352/Sh
Standalone Revenue Rose 32% YoY, & Was +5% Est
EBITDA Was Rs3 Bn (Our Est Rs2.5 Bn)
Adjusted PAT Was Rs1.25 Bn (Our Est Rs720 m)
Power and Industry segment revenue growth was +32%
Power and Industry segment EBIT margins were +11.2% and 6.2% respectively F3Q Order Inflows Were Rs68.6 Bn (F3Q24 Rs25.7 Bn); 80% Of Orders Were From Ind Segment
CLSA On BHEL
Underperform Call, Target Price Cut To Rs166/Sh
Reiterate “Underperform” As The Key Catalyst For Its Re-Rating
The Inclusion In Global Passive Indices Has Already Passed
Recent Entry Of L&T In Thermal Power Equipment Raises Questions About Its Mkt Dominance
We Have Cut FY25-27CL EPS By 3-8% Due To Weak Margins Modi 3.0-led Revival Of Capex Drove Its Backlog 47% YoY Operationally, BHEL Is Turning Around In 3Q, With Execution Up 38% YoY However, EBITDA
Margin Disappoints (flat QoQ despite top line +10%QoQ) Stock Is Expensive At A 34x FY26CL PE
CLSA on Tata Steel
Upgrade to Hold from Underperformance, TP Rs125 (from Rs135)
Q4-Guidance improving domestic but Europe remains challenging
Stable realizations, lower costs and efficiency gains for India business
Risk and reward balanced post correction
Outperformance will hinge on regional demand uptick and imposition of duties if any
MS on Suzlon
Maintain Overweight, TP Rs71
Q3FY25-Strong beat
Expects large order book (5.5GW) to be executed in Q4FY25 and FY26
Co says wind industry constraints around land acquisitions likely to improve from FY26
Turbine enquiries have been increasing
Co sees capes of Rs 350-400cr on new lines of blade manufacturing in MP and Rajasthan
- January 29, 2025 09:18
Stock market live updates today: Brokerage view
GS on SBI Card
Buy, TP Rs 912
Strong 3Q with PAT beating GSe by 4% driven by 2% operating profitability beat, & stable loan loss provisions.
Investors’ focus on asset quality heading into qtr where
1) mix of stage 2 assets improved sequentially
2) absolute recoveries rose+23% YoY
3) incremental mgmt commentary was encouraging, highlighting an inflection point in asset quality cycle
4) quality of new sourcing improved
UBS on SBI Card
Neutral, TP Rs 800
Miss due to higher credit cost & weak fee income
Q3 spends declined 11% YoY; Margins stable QoQ at 10.6%
Management believes credit cost near peak
CLSA on SBI Card
Hold, TP Rs 780
3Q PAT missed est by 8% driven by higher credit costs.
Loan growth slowed down and NIM was stable.
A slightly weak fee income was offset by another good quarter on opex.
However, credit costs jumped from 9% to 9.5% QoQ and are up 200bp YoY
Bernstein on SBI Card
Underperform Call, Target Price At Rs620/Sh
Mgmt Notes: Peak Credit Costs Have Been Reached, With Reduced Flow From Delinquencies
No Guidance Was Provided On The Pace Of Improvement Or The New Normal For Credit Costs
However, Management Emphatically Declared That The Bottom Had Been Hit
Nuvama on SBI Cards
Maintain Buy, TP at 885 vs 850
Credit Cost rose again by 8% QoQ to 9.4% in Q3FY2
CEO is confident that credit cost would decline from Q4FY25
SBI Cards would benefit if RBI cuts the repo rate
Better asset mix is emerging, with reductions in Stage 2 and Stage 3 compositions and improving delinquencies.
HSBC On SBI Card
Reduce Call, Target Rs580/Sh
Growth Outlook Has Weakened Following Q3
Asset Quality Outlook Remains Unclear Too
Cut EPS By 10.8%/11.2% For FY25/FY26 To Reflect Higher Credit Costs.
Improvement In Asset Quality Remains Elusive
CLSA on MGL
Maintain Outperform, TP Rs1,710
Positive surprise on margins beats PAT
Volumes comes inline with expectations
Lower taxes offset higher than depreciation and interest costs
Macquarie on MGL
Maintain Outperform, TP Rs1,280
Earnings largely inline-margin miss
Believe current decline in margins is prices in and now upside is there
Build 8% CAGR volume growth from FY24-27E
Risks includes rising input gas prices and further cuts in APM gas allocation
Jefferies on IGL
Upgrade to Buy from Underperform, TP Rs505 (from Rs295)
Co has managed significant volume of long term LNG contracts at attractive prices
Raise EPS 52%/55% for FY26/27E
See limited near-term impact on ROCE
Volume growth in Q3 muted, but outlook remains better
CLSA On IGL
Outperform Call, Target Rs440/Sh
Q3 PAT Was A Big Beat To Est
Mgmt Guided For A Healthy 10% Vol Growth Over FY26-27
Mgmt Upgraded Its Unit EBITDA Margin Guidance To Rs7-8/scm From Rs6-7/scm
Well-Planned RM Sourcing Should Offset Impact Of Cuts In Cheap Gas Supply
This Drives A 6-11% Increase In FY25-27 EPS
Price Hikes After Delhi State Elections On 5 Feb May Be A Catalyst
MS On Hyundai
Overweight Call, Target Rs2,261/sh
Co Reported A Weak Set Of Earnings In Q3
Weaker Export Mix And A Rise In Domestic Discounts Post The Festive Season
Maintain That Business Is At A Volume & Model-Cycle Trough
Model-Cycle Aligned With Capacity Expansion Could Play Out In FY27
Valuations Appear Supportive
Citi On Bajaj Auto
Sell Call, Target Rs7,900/Sh
EBITDA Slightly Ahead Of Estimates Due To Better Gross Margin
Mgmt’s Outlook Is Positive
Expectations Of 6-8% YoY Volume Growth For 2w Industry Over Near Term
Focus Is On Margin
Co Has Ceded Mkt Shr In High-Vol But Equally Competitive Entry-Lvl Bikes Segment
Rich Valuations Prevent Us From Being More Constructive
MS On Bajaj Auto
Overweight Call, Target Rs9,951/sh
Reported Standalone EBITDA Broadly In-line With Est
Mgmt Expects Domestic Motorcycle Ind To See Sustainable Growth Of 6-8%
Mgmt Expects More Than 125cc Segment To Grow Faster
Co Expects Exports To Grow At 20%+ YoY Going Ahead
EV Portfolio, Including The PLI Gains, Is Now EBITDA Positive.
Within 2-w, New Chetak 35 Platform Is Supporting Margin Improvement
Axis Capital on Bajaj Auto
Maintain Sell, TP Rs7,550 (from Rs8,000)
Q3 EBITDA largely in line with estimate
Exports continued to recover with strong YoY growth in LatAm and sequential growth in Africa
Despite new launches, the company lost over 100 bps market share in 9MFY25, which is a concern
Cut FY25-27E EPS by 7% on lower volume assumption
Nuvama on Bajaj Auto
Maintain Buy, TP Rs10,700
EBITDA slightly above estimate- due to better pricing/scale, PLI incentives and cost savings
Management has provided a positive volume outlook for the next three–six months
With exports growth at 20%-plus and domestic growth of 6–8%
2Ws to clock volume CAGR of 7% over FY25–27E
Revenue/EBITDA CAGR of 11%/12% over FY25–27E with an average RoE of ~35%
Macquarie on TVS Motors
O-p, TP Rs 2857
3Q FY25 saw a modest EBITDA beat led by better gross margin.
Believe market-share gains & margin expansion will drive industry-leading earnings growth & stock performance.
JPM on TVS Motors
OW, TP Rs 3130
Operating results broadly in line
Raise margin expectations for FY25 on management’s indication that all PLI benefits for fiscal year will be accounted for in March quarter
Were already accounting for PLI benefits in FY26-27 est.
UBS on Bosch
Sell, TP Rs 23600
Q3FY25 – All round miss
Revenues at Rs44.7bn grew 6% YoY.
Mobility rev up 2% YoY driven by 9%/24% growth in aftermarket/2W biz while power solutions saw a decline
Non-mobility performance was better
Gross margins improved 70bps YoY.
MS On M&M Fin
Equal-Weight, Target Rs285/Sh
Stage 3 Coverage Cut From 59.5% To 50% Resulted In A Big PAT Vs. Est
However, Slippages Rising & PCR Guided At 51-54%
FY2026-27 Credit Costs (On Average Assets) Could Be Higher Than Guided 1.3-1.5%
Trim FY26 EPS Even With PCR Assumption Of Less Than 45%
HSBC On M&M Fin
Buy Call, Target Rs 320
Q3 Slight Miss On Operating Profit; Net Profit Beat Was Due To Release Of Provisions
While Ops Trends Are Stabilising, Slight Increase QoQ In Gross Stage 3 Assets
Nuvama On M&M Fin
Maintain Hold, TP 280
ECL refresh leads to sharp dip in credit cost; PCR falls to 50%
CEO reiterated the guidance of 1.3–1.5% credit cost and AUM growth in mid-to-high teens for FY26E
ECL reset already baked in, credit cost could remain volatile
Citi On Exide
Buy Call, Target Rs540/sh
Q3 Slightly Above Est, Reflecting Better Gross Margin
Demand In Replacement Auto Segment Has Been Strong In Both 2-w & 4-w Sub-Segments
Demand In Solar Segment Is Also Strong, Aided By Govt Incentives & Various ‘Solarisation’ Programs
However, Demand From Automotive OEMs Remains Muted
In Ind Infra Segment Too, Demand Is Weak Due To Lower Govt Spending
- January 29, 2025 09:16
Stock market live updates today: VA Tech: Company bags 7 yr ops contract worth approx ₹121 Cr for wastewater treatment plant in Bahrain (Supportive for stock prices)
- January 29, 2025 09:16
Stock market live updates today: Fund House Recommendations
CLSA on IGL: Upgrade to Outperform on company, raise target price at Rs 505/Sh (Positive)
CLSA on MGL: Maintain Outperform on company, target price at Rs 1710/Sh (Positive)
MS on Hyundai: Maintain Overweight on Company, target price at Rs 2261/Sh (Positive)
Citi on IGL: Maintain Buy on Company, target price at Rs 450/Sh (Positive)
HSBC on Cipla: Maintain Buy on Company, target price at Rs 1800/Sh (Positive)
Nomura on Cipla: Maintain Buy on Company, target price at Rs 1780/Sh (Positive)
HSBC on M&M Fin: Maintain Hold on Company, target price at Rs 320/Sh (Positive)
Nomura on CG Power: Maintain Buy on Company, target price at Rs 900/Sh (Positive)
MS on Suzlon: Maintain Overweight on Company, target price at Rs 71/Sh (Positive)
MS on BHEL: Maintain Overweight on Company, target price at Rs 352/Sh (Positive)
Macquarie on TVS Motors: Maintain Outperform on Company, target price at Rs 2857/Sh (Positive)
JP Morgan on *TVS Motors:*Maintain Overweight on Company, target price at Rs 3130/Sh (Positive)
CLSA on Tata Steel: Upgrade to Buy on company, cut target price at Rs 125/Sh (Neutral)
Jefferies on Kaynes: Upgrade to Buy on company, cut target price at Rs 5400/Sh (Neutral)
Nuvama on M&M Fin: Maintain Hold on Company, target price at Rs 280/Sh (Neutral)
GS on SBI Cards: Maintain Buy on Company, target price at Rs 912/Sh (Neutral)
Nuvama on SBI Cards: Maintain Buy on Company, target price at Rs 885/Sh (Neutral)
UBS on SBI Cards: Maintain Neutral on Company, target price at Rs 800/Sh (Neutral)
CLSA on SBI Cards: Maintain Buy on Company, target price at Rs 780/Sh (Neutral)
Bernstein on SBI Cards: Maintain Buy on Company, target price at Rs 620/Sh (Neutral)
Nuvama on Bajaj Auto: Maintain Buy on Company, target price at Rs 10700/Sh (Neutral)
Axis on Bajaj Auto: Maintain Sell on Company, target price at Rs 7550/Sh (Neutral)
Citi on Bajaj Auto: Maintain Sell on Company, target price at Rs 7900/Sh (Neutral)
MS on Bajaj Auto: Maintain Overweight on Company, target price at Rs 9951/Sh (Neutral)
Macquarie on MGL: Maintain Outperform on company, target price at Rs 1280/Sh (Neutral)
Citi on Exide Ind: Maintain Buy on company, target price at Rs 540/Sh (Neutral)
MS on Exide Ind: Maintain Overweight on company, target price at Rs 538/Sh (Neutral)
Nuvama on M&M Fin: Maintain Hold on Company, target price at Rs 280/Sh (Neutral)
MS on M&M Fin: Maintain Equal weight on Company, target price at Rs 285/Sh (Neutral)
Citi on Colgate: Maintain Neutral on Company, cut target price at Rs 2600/Sh (Neutral)
CLSA on BHEL: Maintain Underperform on Company, target price at Rs 166/Sh (Neutral)
Jefferies on ITC: Maintain Buy on Company, target price at Rs 550/Sh (Neutral)
CLSA on TVS Motors: Maintain Hold on Company, target price at Rs 2550/Sh (Neutral)
UBS on Bosch: Maintain Sell on Company, cut target price at Rs 23600/Sh (Negative)
- January 29, 2025 09:15
Stock market live updates today: Researchbytes Analyst App
https://play.google.com/store/apps/details?id=com.intelegain.rb
Conference call Replay available in Various speeds !
Researchbytes Events Update
As of 07:55 AM Wednesday 29 January 2025
Can set alert for them at www.researchbytes.com
8:30 AM Star Health and Allied Insurance
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/3z5n3tym
( Hosted by Adfactors )
8:30 AM JM Financial
Dial: +91 22 6280 1377
Weblink: https://tinyurl.com/2xf3v6bs
10:00 AM Ami Organics
Dial: +91 22 6280 1366
Weblink: https://tinyurl.com/4xbspdxw
( Hosted by JM Financial )
10:00 AM PTC India Fin
Dial: +91 22 6280 1567
Weblink: https://tinyurl.com/4az5rvpr
10:30 AM Syrma SGS Techn
(Results)
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/3v52dpz6
11:00 AM SAI SILKS
Dial: +91 22 6280 1458
Weblink: https://tinyurl.com/yn87d37j
( Hosted by HDFC Securities )
11:00 AM ACME Solar Hold
Dial: +91 22 6280 1144
Weblink: https://tinyurl.com/4jw62xsn
( Hosted by Isec )
11:00 AM RITES
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/3xfdj6m7
11:00 AM Chalet Hotels
Dial: +91 22 6280 1436
Weblink: https://tinyurl.com/yfmdm6f2
11:00 AM Ideaforge Techn
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/22vfvs66
( Hosted by orientcapital )
11:00 AM MAP MY INDIA
Dial: 022 6280 1386
Weblink: https://tinyurl.com/2bktfk5e
11:30 AM Vascon Engineer
Dial: +91 22 6280 1256
Weblink: https://tinyurl.com/325jncpn
12:00 PM Jindal Drilling
Weblink: https://tinyurl.com/3mdfe7nm
12:00 PM Motilal Oswal
Dial: +91 22 6280 1118
Weblink: https://tinyurl.com/2nu9pnn8
12:00 PM VIP Industries
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/8wsdpufh
( Hosted by Adfactors )
2:00 PM ACC
Dial: +91 22 6280 1123
Weblink: https://tinyurl.com/2rk8a7rb
2:00 PM Ambuja Cements
Dial: +91 22 6280 1123
Weblink: https://tinyurl.com/4ppf86yt
2:00 PM CarTrade Tech
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/4vphn76f
2:00 PM Apcotex Ind
Dial: +91 22 6280 1341
Weblink: https://tinyurl.com/3p5es5ed
( Hosted by Valorem )
2:00 PM SIS
Dial: +91 22 6280 1457
Weblink: https://tinyurl.com/58ce63h5
2:30 PM Music Broadcast Private
Dial: +91 22 6280 1309
Weblink: https://tinyurl.com/bdhxpu9f
2:30 PM RR Kabel L
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/2h5ty3f7
3:00 PM Nucleus Softwar
No Contact Available
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3:30 PM Guj Flourochem
Dial: +91 22 6280 1222
Weblink: https://tinyurl.com/ysjczbtm
3:30 PM v-guard industries
Dial: +91 22 6280 1245
Weblink: https://tinyurl.com/4p3kd7k3
3:30 PM Rushil Decor
Dial: +91 22 6280 1317
Weblink: https://tinyurl.com/y4vk7rsd
3:30 PM OneSource Speci
Dial: +91 22 6280 1488
Weblink: https://tinyurl.com/2tfpck57
4:00 PM TeamLease Ser.
Dial: +91 22 6280 1458
Weblink: https://tinyurl.com/kbxhuhu5
4:00 PM eMudhra
Dial: +91 22 6280 1106
Weblink: https://tinyurl.com/mvueacmr
4:00 PM Steelcast
Dial: +91 22 6280 1107
Weblink: https://tinyurl.com/2wv94bwt
4:00 PM Punjab Chemical
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/5yf2e7au
4:00 PM Home First Fina
Dial: +91 22 6280 1382
Weblink: https://tinyurl.com/4txkpsp4
4:00 PM PDS Limited
Dial: +91 22 6280 1490
Weblink: https://tinyurl.com/2j55pp8y
4:00 PM Shyam Metalics And Energy
Dial: +91 22 6280 1550
Weblink: https://tinyurl.com/ysw3f423
4:00 PM Trishakti Elect
Dial: 086 3416 8602
Weblink: https://tinyurl.com/2dch9kby
4:30 PM Mahanagar Gas
Dial: +91 22 6280 1342
Weblink: https://tinyurl.com/anhm28ba
5:00 PM Maruti Suzuki
No Contact Available
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5:00 PM GMR Infra
No Contact Available
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5:00 PM Tamilnad Mercantile Bank
Dial: +91 22 6280 1102
Weblink: https://tinyurl.com/2ahd67xt
5:00 PM Orient Electric
Dial: +91 22 6280 1148
Weblink: https://tinyurl.com/yc5r4ws8
( Hosted by Ambit Capital P )
5:00 PM Baazar Style Re
Dial: +91 22 6280 1256
Weblink: https://tinyurl.com/42de3k58
- January 29, 2025 09:14
Stock market live updates today: SSL Research: 3QFY25 Concall KTAs of Suzlon Energy Ltd
https://x.com/_sbisecurities/status/1884230904954118261?s=46&t=tAv0kfCQeNv0krS0GhVFNQ
View & Valuation: At CMP, the stock is trading at a P/E multiple of 41.9x/28.6x of its FY25E/FY26E Bloomberg consensus earnings. The overall performance is strong and is in-line with market expectation. We expect the stock to outperform in medium to long term. The near-term price range would be Rs 55-60
- January 29, 2025 09:13
Stock market live updates today: SSL Research: Bajaj Auto - 3QFY25 Concall KTAs
https://x.com/_sbisecurities/status/1884256313703530691?s=46&t=tAv0kfCQeNv0krS0GhVFNQ
View and Valuation: The company reported numbers below consensus estimates largely impacted by the sharp dip in KTM export volumes during the quarter. The upcoming product launches/upgrades in both the 2W and 3W segment are expected to drive volume growth in the domestic market while exports continue to improve. At CMP of Rs 8,422, the stock trades at FY25E/FY26E P/E multiple of 26.9x/22.9x. Expect the stock to touch Rs 9,000-9,150 in the medium term
- January 29, 2025 09:12
Stock market live updates today: India Daybook – Stocks in News
Ami Organics: Net profit at Rs 454 cr vs Rs 178 cr, Revenue at Rs. 2750 cr vs Rs 1664 cr (YoY) (Positive)
Syrma SGS: Net profit at Rs 53 cr vs Rs 20 cr, Revenue at Rs. 870 cr vs Rs 706 cr (YoY) (Positive)
Sai Silk: Net profit at Rs 46 cr vs Rs 32 cr, Revenue at Rs. 448 cr vs Rs 382 cr (YoY) (Positive)
Dynamic Cables: Net profit at Rs 15.8 cr vs Rs 7.5 cr, Revenue at Rs. 251 cr vs Rs 192 cr (YoY) (Positive)
MGL: Net profit at Rs 225.0 cr versus poll of Rs 185.0 cr, Revenue at Rs 1758 cr versus poll of Rs 1752 cr (Positive)
TVS Holdings: Net profit at Rs 685 cr vs Rs 532 cr, Revenue at Rs. 11,476 cr vs Rs 9220 cr (YoY) (Positive)
Suzlon Energy: Net profit at Rs 387 cr vs Rs 203 cr, Revenue at Rs. 2968.8 cr vs Rs 1553 cr (YoY) (Positive)
Home First: Net profit at Rs 98 cr vs Rs 78 cr, NII at Rs. 213 cr vs Rs 166 cr (YoY) (Positive)
SIS: Net profit at Rs 10.2 cr vs Rs 2.7 cr, Revenue at Rs. 336.0 cr vs Rs 307.0 cr (YoY) (Positive)
KRN Heat: Net profit at Rs 13.4 cr vs Rs 7.9 cr, Revenue at Rs. 116.0 cr vs Rs 67.0 cr (YoY) (Positive)
GMR Airports: Net profit at ₹202.1 cr vs loss of ₹486.4 cr, Revenue at ₹2,653.2 cr vs ₹2,226.7 cr (YoY) Positive)
Som Dist: Net profit at Rs 21.5 cr vs Rs 18.0 cr, Revenue at Rs. 562.0 cr vs Rs 501.0 cr (YoY) (Positive)
M&M Finance: Net profit at Rs 899 cr vs Rs 553 cr, NII at Rs. 1911 cr vs Rs 1698 cr (YoY) (Positive)
Sharika Ent: Company wins order of Rs 15.57 Cr, contract by NHPC Limited (Positive)
TVS Motors: Expects the EV 3W category to grow significantly in the coming months (Positive)
Autoline Industries: Company announced a substantial purchase order from Mahindra & Mahindra valued at approximately Rs 30 Crores. (Positive)
Bharat Parenterals: Receipt of an order amounting to $27 Million (approximately INR 232 Crores) for supply of high demand pharmaceutical products over a period of 18-24 months. (Positive)
Rane Engines: CRISIL has continued its credit ratings for the company’s bank facilities totaling Rs. 220 crore. (Positive)
Piramal Pharma: Net profit down 63.4% at ₹3.7 cr vs ₹10.1 cr, Revenue up 12.5% at ₹2,204.2 cr vs ₹1,958.6 cr (YoY). (Neutral)
Colgate: Net profit at Rs 322.8 cr vs Rs 330.1 cr, Revenue at Rs. 1461.8 cr vs Rs 1386 cr (YoY) (Neutral)
UTI AMC: Net profit at Rs 150.7 cr vs Rs 185.7 cr, Revenue at Rs. 417.6 cr vs Rs 449 cr (YoY) (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
V-Guard Industries: Net profit at Rs 60 cr vs Rs 58 cr, Revenue at Rs. 1269 cr vs Rs 1165 cr (YoY) (Neutral)
Bosch: Net profit at Rs 458 cr vs Rs 518 cr, Revenue at Rs. 4466 cr vs Rs 4205 cr (YoY) (Neutral)
PTC India Financial Services: Net profit at Rs 67.15 cr vs Rs 50.40 cr, Revenue at Rs. 158 cr vs Rs 220 cr (YoY) (Neutral)
Le Travenues: Net profit at Rs 15.5 cr vs Rs 31 cr, Revenue at Rs. 214 cr vs Rs 170 cr (YoY) (Neutral)
Jost’s Engineering: Net profit at Rs 4.16 cr vs Rs 3.3 cr, Revenue at Rs. 52.0 cr vs Rs 46.4 cr (YoY) (Neutral)
eMudhra: Net profit at Rs 22.4 cr vs Rs 20.0 cr, Revenue at Rs. 139 cr vs Rs 97.0 cr (YoY) (Neutral)
Exide India: Net profit at Rs 245 cr vs Rs 240.3 cr, Revenue at Rs. 3846.6 cr vs Rs 3840.5 cr (YoY) (Neutral)
Bajaj Auto: Net profit at Rs 2018.7 cr vs Rs 2042 cr, Revenue at Rs. 12807 cr vs Rs 12114 cr (YoY) (Neutral)
BHEL: Net profit at Rs 125.0 cr versus poll of Rs 129.0 cr, Revenue at Rs 7277 cr versus poll of Rs 6751 cr (Neutral)
SBI Card: Net profit at Rs 383.2 cr vs Rs 549.1cr, Revenues at Rs 3790.1 cr vs Rs 3926.2 cr (YoY) (Neutral)
CE Info: Net profit at Rs 32.3 cr vs Rs 31 cr, Revenue at Rs 114.5 cr vs Rs 92 cr (YoY) (Neutral)
Sarthak Global: Company announced the re-appointment of Mr. Sunil Gangrade as a Whole-time Director for three years, starting March 1, 2025. (Neutral)
IDFC First: Bank appoints Nitin Chauhan as Chief Information Security Officer of the bank w.e.f. January 28, 2025. (Neutral)
JSW Infra: Raise capex guidance to Rs 39,000 cr vs Rs 30,000 cr earlier (Neutral)
Home First: Board approves to raise Rs 1250 cr through QIP (Neutral)
ITC: ITC Hotels to list on NSE & BSE on January 29, 2025 (Neutral)
NMDC: Company to invest ₹70,000 crore for capacity ramp-up by 2030. (Neutral)
Kotak Mahindra Bank: Launches BizLabs Accelerator to propel startups toward scalable growth. (Neutral)
JSW Steel: Extends Long Stop Date for Acquisition Of 92.19% Stake of Minas de Revuboe Buyout to June 30, 2025 (Neutral)
JSW Energy: Net profit at Rs 167.8 crore versus 232.0 crore, Revenue at Rs 2400 crore versus poll of Rs 2542 crore (Negative)
Star Health: Net Profit at Rs 215.1 Cr Vs Rs 289.6 Cr, Net Earned at 15.4% at Rs 3,799.7 Cr Vs Rs 3,293.6 Cr (YoY). (Negative)
VIP Ind: Net loss at Rs 12.4 cr vs profit of Rs 7.2 cr, Revenue down 8.3% at Rs 501 cr vs Rs 546.4 cr (YoY) (Negative)
Power stocks: Power producers face Rs 1,000-crore loss as CERC bars payment till plants begin ops: media reports (Negative)🪴
- January 29, 2025 08:25
Stock market live updates today: Denta Water and Infra Solutions IPO listing today
Shares of Denta Water and Infra Solutions will be listed today. The company has fixed the IPO price at ₹294, at the upper end of the price band ₹279-294. According to GMP, the stock is expected to list with a premium of about ₹60-75. Read more
- January 29, 2025 08:18
Stock market live updates today: Stocks that will see action today: January 29
Market regulator SEBI on Tuesday “returned” letters written by Florida-based serial entrepreneur Digvijay ‘Danny’ Gaekwad seeking permission to launch a “competing offer” to the open offer made by Burman Group to acquire a controlling stake in Religare Enterprises Ltd (REL). In a filing, REL shared SEBI’s response to Gaekwad’s intent to acquire 55 per cent of REL at ₹275 per share. Burmans’ open offer to acquire an additional 26 per cent stake from the open market commenced on January 27 at ₹235 a share Read more
- January 29, 2025 07:51
Stock market live updates today: Market to open on a flattish note
Equity markets are expected to open on a flattish to positive note on Wednesday amid mixed global cues. Gift Nifty at 23,030 indicates a margin gain of about 40 points for Nifty at open. The mood is still downbeat among participants with Q3 results from India Inc so far either on expected lines or below market expectations. The focus has now shifted to two major events - FOMC meeting scheduled tomorrow and Union Budget 2025 on February 1.
The unabated selling by foreign portfolio investors and the bloodbath in the mid and small-cap segments is a cause for concern, investors said. Read more
- January 29, 2025 07:37
Stock market live updates today: Union Budget 2025 by Mr. V. P. Nandakumar, MD & CEO at Manappuram Finance Limited.
“With inflation showing no signs of abating within the Reserve Bank of India’s target range in the near future, I believe the finance minister will implement necessary policy measures to curb price increases. This could involve reducing taxes on consumer goods such as packaged food and edible oils. This would boost household disposable income and positively impact private consumption. Furthermore, I believe the Budget should include measures to encourage savings through tax rationalisation and stimulate loan growth. A separate announcement on developing future-proof digital infrastructure for the financial sector in the era of artificial intelligence is also anticipated,”
- January 29, 2025 07:37
Stock market live updates today: Budget expectations: Anand Kumar Bolimera, National Director, Habitat for Humanity India
“Under the visionary leadership of Honourable Prime Minister Shri. Narendra Modi, the Government of India has achieved significant milestones in housing through the Pradhan Mantri Awas Yojana (PMAY). Expanding the programme to include 2 crore additional rural houses and 1 crore urban houses by FY 2024-29 highlights the government’s dedication to uplifting marginalised communities.
Further policy interventions, such as enhanced subsidies for the Economically Weaker Section (EWS), can reduce financial barriers and improve access to quality housing. To advance the Government of India’s vision of ‘Housing for All,’ incorporating affordable housing for EWS under Schedule VII of the Corporate Social Responsibility (CSR) provisions in The Companies Act will empower corporates entities and foundations to contribute to affordable housing initiatives.
Encouraging public, private banks and financial institutions to prioritise affordable housing loans; introducing preferential interest rates and affordable repayment options (EMIs) for such loans will advance access to affordable housing. Additionally, blending CSR funds with government grants can address funding gaps.
We advocate for a Public Private People Partnership (P4) model to foster effective collaboration among stakeholders. This will accelerate progress toward ‘Housing for All’ and support inclusive, sustainable development aligned with the United Nations Sustainable Development Goals (SDGs).”
- January 29, 2025 07:36
Stock market live updates today: Avnish Arora, Executive Director, Direct Tax, Forvis Mazars in India:
“The current tax framework, while serving its purpose, could benefit from greater flexibility to better support middle-class taxpayers, especially in areas like home loan interest deductions and investments under Section 80C. The ₹2,00,000 cap on home loan interest deductions for self-occupied properties, set in 2019, has not kept pace with inflation and rising property prices. As a result, many middle-class taxpayers may find it challenging to fully benefit from this deduction. Similarly, the Section 80C limit of ₹1,50,000, which has remained unchanged for almost a decade, may not be sufficient for salaried individuals, especially given that a significant portion of this limit is often absorbed by provident fund contributions, leaving limited room for other investments.
To further support taxpayers, it would be beneficial to consider increasing the home loan interest deduction and revising the Section 80C limit to better reflect current economic conditions. Additionally, expanding these enhanced deductions, particularly under section 80C, to the new tax regime under Section 115BAC would offer more inclusivity, allowing taxpayers to benefit from lower tax rates while still having the flexibility to optimize their financial planning. This would not only ease financial burdens but also encourage homeownership, increase savings, and contribute to overall economic growth.”
- January 29, 2025 07:35
Stock market live updates today: Gul Basantani, Partner- Government, Infrastructure and Development Sector Advisory Services, Forvis Mazars in India
“The Union Budget 2025 is anticipated to prioritise India’s transition to a sustainable energy future by boosting investments in renewable energy infrastructure, green financing, and emerging technologies like green hydrogen. Measures to ease financial barriers to rooftop solar adoption, strengthen the National Solar Portal, and incentivise battery energy storage systems are expected to drive growth. Enhanced support for electric mobility and sustainable aviation fuels could further align India with its Net-Zero ambitions. Additionally, expanded tax incentives for green debt securities and clear policies for carbon markets are likely to attract investments, driving progress towards achieving India’s renewable energy capacity target and Net Zero target”.
- January 29, 2025 07:35
Stock market live updates today: Sunil Kalra, Partner- Governance, Risk, Compliance and Forensic Investigation Services, Forvis Mazars in India
“The Union Budget 2025 holds immense significance for India’s manufacturing sector as the country strives to achieve its $2 trillion export target by 2030. To enhance global competitiveness, we expect measures such as tariff rationalization, duty exemptions, and expanded remission schemes to lower production costs and boost exports. Simplifying compliance procedures is also crucial to streamline operations and attract greater foreign investments. Targeted incentives for high-value manufacturing sectors like electronics and precision machinery, alongside support for labour-intensive industries such as textiles, footwear, and food processing, can drive rural development and create widespread employment. Additionally, fostering innovation by adopting Industry 4.0 technologies such as AI, digital twins, and 3D printing will position India as a hub for advanced manufacturing. We hope the budget introduces a visionary roadmap that propels the sector toward sustainability, agility, and leadership in global supply chains, fuelling inclusive economic growth”
- January 29, 2025 07:34
Stock market live updates today: Budget Expectations: Rohit Chaturvedi, Partner – Transport and Logistics, Govt, Infrastructure, and Development Sector Advisory Services, Forvis Mazars in India
“The transport and logistics industry needs continued support from the government. To support the transport and logistics industry, TDS exemptions should be reconsidered given the low-margin nature of the business (3-4%) and long payment cycles. While exemptions exist for owners with fewer than 10 vehicles, customers still deduct TDS fearing non-compliance. Faster depreciation for EV trucks is essential to encourage adoption, alongside fiscal benefits to develop EV fast-charging infrastructure on highways to address range anxiety and save drivers’ time. A comprehensive fiscal policy, in collaboration with the Ministry of Transport, is needed to promote LNG trucks, ensuring cleaner logistics and lower costs. Additionally, the GST process must be more transparent and faceless for efficiency.”
- January 29, 2025 07:33
Stock market live updates today: Budget Expectations: Bharat Dhawan, Managing Partner, Forvis Mazars in India
“India’s strength lies in its people and the country has opportunities for the youth. We expect that the government will continue to prioritize skill development and job creation to tap into India’s demographic advantage, which will drive economic growth and increase consumption through higher incomes. While the challenge of inflation, particularly food inflation continues to remain a concern, there is a need to implement robust supply-side measures to reduce the pain. We expect to see a focus on long-term solutions to strengthen the agricultural value chain and incentivize production. In the short term, direct benefit transfers (DBTs) may help support rural consumption. Infrastructure development will also remain a key priority, with continued investment in roads, multi-modal logistics parks, and overall logistics. Additionally, the government will emphasize healthcare, education, and skills development, while also promoting innovative technologies for inclusivity, formalization, and transparent governance. As India aims to become a Viksit Bharat by 2047, sustained investment in social, physical, and digital infrastructure will be crucial for future growth.”
- January 29, 2025 07:32
Stock market live updates today: Q3FY25 EARNING CALENDAR 30.01.2025
AAVAS, ADANIENT, ADANIPORTS, AJANTPHARM, ASTRAL, AVL,BAJAJFINSV, BAJAJHLDNG, BANKBARODA, BEL, BIOCON, CARERATING, CHEMFAB, CLEAN, COROMANDEL, DABUR, DEEPINDS, DODLA, ELCIDIN, GAIL, GREENLAM, HAWKINCOOK, HEIDELBERG, HESTERBIO, INDGN, JINDALSTEL, JISLJALEQS, JITFINFRA, JTEKTINDIA, JYOTIRES, KALYANKJIL, LALPATHLAB, LT, MANYAVAR, MAXHEALTH, MOSCHIP, NAVINFLUOR, NESCO, PARAGMILK, PAUSHAKLTD, PHOENIXLTD, POKARNA, POLICYBZR, PRAJIND, PRESTIGE, PRICOLLTD, PROTEAN, RAYMONDLSL, SHANTIGEAR, SHILCTECH, SHREECEM, SJS, STAR, STARCEMENT, STYRENIX, SUBROS, VOLTAMP, WAAREEENER, WELSPUNLIV
ADANIENT YoY
* Revenue expected at Rs 29727 crore versus Rs 28336 crore
* EBITDA expected to be seen at Rs 5509 crore versus Rs 3227 crore
* EBITDA margin expected to be seen at 18.53% versus 11.39%
* Net profit expected to be seen at Rs 1719 crore versus Rs 1888 crore
ADANIPORTS YoY
* Revenue expected at Rs 7232 crore versus Rs 6920 crore
* EBITDA expected to be seen at Rs 4443 crore versus Rs 4293 crore
* EBITDA margin expected to be seen at 61.44% versus 62.04%
* Net profit expected to be seen at Rs 2632 crore versus Rs 2208 crore
ASTRAL YoY
* Revenue expected at Rs 1500 crore versus Rs 1370 crore
* EBITDA expected to be seen at Rs 230 crore versus Rs 205 crore
* EBITDA margin expected to be seen at 15.33% versus 14.97%
* Net profit expected to be seen at Rs 129 crore versus Rs 113 crore
BAJAJFINASV QoQ
* Revenue expected at Rs 30357 crore versus Rs 33703 crore
* EBIT expected to be seen at Rs 5953 crore versus Rs 12011 crore
* EBIT margin expected to be seen at 19.61% versus 35.64%
[7:19 am, 29/1/2025] KS BadriNarayanan: BANKBARODA YoY
* NII expected at Rs 11973 crore versus Rs 11101 crore
* EBIT expected to be seen at Rs 7783 crore versus Rs 6348 crore
* EBIT margin expected to be seen at 55.95% versus 45.64%
* Net profit expected to be seen at Rs 4495 crore versus Rs 4579 crore
BEL YoY
* Revenue expected at Rs 4850 crore versus Rs 4142 crore
* EBITDA expected to be seen at Rs 1176 crore versus Rs 1072 crore
* EBITDA margin expected to be seen at 24.25% versus 25.89%
* Net profit expected to be seen at Rs 946 crore versus Rs 859 crore
BIOCON YoY
* Revenue expected at Rs 3923 crore versus Rs 3953 crore
* EBITDA expected to be seen at Rs 840 crore versus Rs 926 crore
* EBITDA margin expected to be seen at 21.41% versus 23.44%
* Net profit expected to be seen at Rs 153 crore versus Rs 638 crore
COROMANDEL YoY
* Revenue expected at Rs 6213 crore versus Rs 5464 crore
* EBITDA expected to be seen at Rs 667 crore versus Rs 357 crore
* EBITDA margin expected to be seen at 10.74% versus 6.54%
* Net profit expected to be seen at Rs 423 crore versus Rs 213 crore
DABUR YoY
* Revenue expected at Rs 3349 crore versus Rs 3255 crore
* EBITDA expected to be seen at Rs 666 crore versus Rs 667 crore
* EBITDA margin expected to be seen at 19.87% versus 20.52%
* Net profit expected to be seen at Rs 507 crore versus Rs 514 crore
MAXHEALTH YoY
* Revenue expected at Rs 2148 crore versus Rs 1335 crore
* EBITDA expected to be seen at Rs 563 crore versus Rs 386 crore
* EBITDA margin expected to be seen at 26.21% versus 28.90%
* Net profit expected to be seen at Rs 362 crore versus Rs 289 crore
NAVINFLUOR YoY
* Revenue expected at Rs 585 crore versus Rs 513 crore
* EBITDA expected to be seen at Rs 129 crore versus Rs 127 crore
* EBITDA margin expected to be seen at 22.05% versus 24.88%
* Net profit expected to be seen at Rs 71 crore versus Rs 25 crore
PRESTIGE YoY
* Revenue expected at Rs 2352 crore versus Rs 1795 crore
* EBITDA expected to be seen at Rs 784 crore versus Rs 551 crore
* EBITDA margin expected to be seen at 33.33% versus 30.71%
* Net profit expected to be seen at Rs 197 crore versus Rs 116 crore
- January 29, 2025 07:32
Stock market live updates today: Q3FY25 EARNING CALENDAR 29.01.2025
AARTIDRUGS, ABDL, ACMESOLAR, ADANIPOWER, AMBUJACEM, ARVSMART, ASAHIINDIA, ASKAUTOLTD, BAJFINANCE, BANSALWIRE, BLUEDART, BLUEJET, BLUESTARCO, BRIGADE, CAMS, CARTRADE, CHALET, CHOICEIN, CRAFTSMAN, DATAMATICS, DEEPAKFERT, ECLERX, FILATEX, FINOPB, FLUOROCHEM, GABRIEL, IMFA, INDIANB, JBMA, JKPAPER, JSL, JWL, KPITTECH, MARUTI, MASFIN, OLECTRA, ONESOURCE, ORIENTELEC, POWERINDIA, QUESS, RADICO, RAMRAT, RANEENGINE, RAYMOND, RBA, SAMHI, SMCGLOBAL, SRF, TATAMOTORS, TEAMLEASE, TMB, USHAMART, VAIBHAVGBL, VOLTAS, VSSL, WEL, WESTLIFE
AMBUJACEM YoY
* Revenue expected at Rs 8510 crore versus Rs 8128 crore
* EBITDA expected to be seen at Rs 1483 crore versus Rs 1732 crore
* EBITDA margin expected to be seen at 17.43% versus 21.31%
* Net profit expected to be seen at Rs 762 crore versus Rs 823 crore
BAJFINANCE YoY
* NII expected at Rs 10381 crore versus Rs 7655 crore
* EBIT expected to be seen at Rs 7436 crore versus Rs 6143 crore
* EBIT margin expected to be seen at 59.12% versus 66.06%
* Net profit expected to be seen at Rs 4127 crore versus Rs 3639 crore
MARUTI YoY
* Revenue expected at Rs 38726 crore versus Rs 33308 crore
* EBITDA expected to be seen at Rs 4498 crore versus Rs 3907 crore
* EBITDA margin expected to be seen at 11.61% versus 11.73%
* Net profit expected to be seen at Rs 3687 crore versus Rs 3130 crore
SRF YoY
* Revenue expected at Rs 3387 crore versus Rs 3053 crore
* EBITDA expected to be seen at Rs 565 crore versus Rs 565 crore
* EBITDA margin expected to be seen at 16.68% versus 18.53%
* Net profit expected to be seen at Rs 223 crore versus Rs 253 crore
TATAMOTORS YoY
* Revenue expected at Rs 116912 crore versus Rs 110577 crore
* EBITDA expected to be seen at Rs 15772 crore versus Rs 15418 crore
* EBITDA margin expected to be seen at 13.90% versus 13.94%
* Net profit expected to be seen at Rs 6643 crore versus Rs 7113 crore
VOLTAS QoQ
* Revenue expected at Rs 3024 crore versus Rs 2619 crore
* EBITDA expected to be seen at Rs 205 crore versus Rs 162 crore
* EBITDA margin expected to be seen at 6.78% versus 6.19%
* Net profit expected to be seen at Rs 157 crore versus Rs 134 crore
- January 29, 2025 07:28
Stock market live updates today: U.S. CB Consumer Confidence
Current: 104.1
Expected: 105.7
Previous: 104.7
(Data seen lower than estimates)
- January 29, 2025 07:27
Stock market live updates today: U.S. Durable Goods Orders m/m
Current: -2.2%
Expected: 0.3%
Previous: -1.2%
(Data trailed with estimates)
- January 29, 2025 07:27
Stock market live updates today: Fund Flow Activity
28 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 115503.17 + 6401.46 Total: 121904.63
F&O Volume: 13864096.62 + 34142179.63 Total: 48006276.25
Provisional Cash
FII/FPI: NET SELL: -4920.69
(11165.86 – 16086.55)
DII: NET BUY: +6814.33
(19735.28 – 12920.95)
- January 29, 2025 07:27
Stock market live updates today: BHEL
Net profit at Rs 125.0 crore versus poll of Rs 129.0 crore
Revenue at Rs 7277 crore versus poll of Rs 6751 crore
EBITDA at Rs 304.3 crore versus poll of Rs 290.0 crore
EBITDA margin at 4.2% versus poll of 4.3%
(Numbers in line with the estimates)
- January 29, 2025 07:26
Stock market live updates today: BAJAJAUTO
Net profit at Rs 2018 crore versus poll of Rs 2128 crore
Revenue at Rs 12807 crore versus poll of Rs 12963 crore
EBITDA at Rs 2581 crore versus poll of Rs 2545 crore
EBITDA margin at 20.2% versus poll of 19.6%
(Numbers in line with the estimates)
- January 29, 2025 07:26
Stock market live updates today: COLGATE: Q3 CONS NET PROFIT 3.52B RUPEES VS EST 3.3B (YOY) (NUMBERS SEEN INLINE WITH EST)
- January 29, 2025 07:24
Stock market live updates today: NUCLEUS SOFTWARE EXPORTS: Q3 CONS NET PROFIT 350M RUPEES VS 331M (QOQ) Q3 EBITDA 332M RUPEES VS 278M (QOQ) || Q3 EBITDA MARGIN 16.14% VS 13.73% (QOQ)
- January 29, 2025 07:23
Stock market live updates: SAI SILKS (KALAMANDIR): Q3 SL NET PROFIT 460M RUPEES VS 320M (YOY) Q3 EBITDA 790M RUPEES VS 582M (YOY) || Q3 EBITDA MARGIN 17.59% VS 15.22% (YOY) (NUMBERS SEEN BETTER YOY)
- January 29, 2025 07:22
Stock market live updates today: HYUNDAI MOTOR: Q3 CONS NET PROFIT 11.6B RUPEES VS 14.3B (YOY) (BROADER NUMBERS LOWER YOY)
- January 29, 2025 07:22
Stock market live updates today: CG POWER AND INDUSTRIAL SOLUTIONS: Q3 CONS PROFIT FROM CONTINUING OPERATIONS AFTER TAX 2.4B RUPEES VS 1.96B (YOY) (NUMBERS SEEN IMPROVED YOY)
- January 29, 2025 07:21
Stock market live updates today: VGUARD: Q3 CONS NET PROFIT 6.02B RUPEES VS EST 7.12B (NUMBERS SEEN LOWER THAN EST)
- January 29, 2025 07:21
Stock market live updates today: GE SHIPPING: Q3 EBITDA 8.76B RUPEES VS 6.49B (YOY) || Q3 EBITDA MARGIN 70.82% VS 52.13% (YOY) (OPERATIONAL NUMBERS SEEN BETTER YOY)
- January 29, 2025 07:21
Stock market live updates today: CSB Bank: Net Profit Up 1.3% At ₹152 Cr Vs ₹150 Cr (YoY) NII Down 1.9% At ₹375.4 Cr Vs ₹383 Cr (YoY) (Numbers seen tepid YoY)
- January 29, 2025 07:21
Stock market live updates today: HINDUSTAN ZINC: Q3 EBITDA 44.6B RUPEES VS 35.2B (YOY) || Q3 EBITDA MARGIN 54% VS 49.81% (YOY) (OPERATIONAL NUMBERS SEEN BETTER YOY)
- January 29, 2025 07:20
Stock market live updates today: CIPLA: Q3 CONS NET PROFIT 15.7B RUPEES VS EST 11.75B (NUMBERS SEEN BETTER THAN ESY)
- January 29, 2025 06:54
Stock market live updates today: Today’s Stock Recommendation: January 29, 2025
- January 29, 2025 06:50
Stock market live updates today: Major U.S. listed stocks result calendar 29.01.2025
ASML Holding N.V. (Pre market) (Sector- Technology)
T-Mobile US, Inc (Pre market) (Sector- Technology)
Danaher Corporation (Pre market) (Sector- Healthcare)
Automatic Data Processing, Inc. (Pre market) (Sector- Technology)
General Dynamics Corporation (Pre market) (Sector- Defense)
Norfolk Southern Corporation (Pre market) (Sector- Logistics)
MSCI Inc. (Pre market) (Sector- Financial)
Nasdaq, Inc. (Pre market) (Sector- Financial)
Corning Incorporated (Pre market) (Sector- Technology)
Hess Corporation (Pre market) (Sector- Energy)
Teva Pharmaceutical Industries Limited (Pre market) (Sector- Healthcare)
Microsoft Corporation (Post market) (Sector- Technology)
Meta Platforms, Inc. (Post market) (Sector- Technology)
Tesla, Inc. (Post market) (Sector- Automobiles)
ServiceNow, Inc. (Post market) (Sector- Technology)
International Business Machines Corporation (Post market) (Sector- Technology)
Lam Research Corporation (Post market) (Sector- Technology)
Waste Management, Inc. (Post market) (Sector- Commercial Services)
Canadian Pacific Kansas City Limited (Post market) (Sector- Logistics)
AMERIPRISE FINANCIAL SERVICES, LLC (Post market) (Sector- Financial)
United Rentals, Inc (Post market) (Sector- Capital Goods)
Raymond James Financial, Inc. (Post market) (Sector- Financial)
Las Vegas Sands Corp. (Post market) (Sector- Hotels)
Western Digital Corporation (Post market) (Sector- Technology)
Teradyne, Inc. (Post market) (Sector- Technology)
Celestica, Inc. (Post market) (Sector- Technology)
C.H. Robinson Worldwide, Inc. (Post market) (Sector- Logistics)
Rockwell Automation, Inc. (TENT) (Sector- Capital Goods)
Markel Group Inc (TENT) (Sector- Financial)
- January 29, 2025 06:47
Stock market live updates today: Economic Calendar – 29.01.2025
China, Taiwan and South Korea, Hong Kong @ Market Holiday
19.00 U.S. Goods Trade Balance (Expected: -105.7B versus Previous: -102.9B)
19.45 U.K. BOE Gov Bailey Speaks
00.30 U.S. Federal Funds Rate (Expected: 4.50% versus Previous: 4.50%)
01.00 U.S. FOMC Press Conference
- January 29, 2025 06:45
Stock market live updates today: Stock to buy today: Tech Mahindra (₹1,645.50)
The stock of Tech Mahindra, after seeing some moderation in price in the second half of December, has largely stayed flat since the start of this month. It has been oscillating in the range of ₹1,635-1,725. This week, the scrip declined, and it closed at ₹1,645.50 on Tuesday. Nevertheless, the broader trend has been bullish, and since it is now near the lower boundary of the range, there is a good chance for a rally to ₹1,725. Read more
