Today's Market at 08:40am
US Market (Futures)
Nasdaq = +11.20
Dow Jones = +37.30
S&P 500 = +6.30
European (Futures)
Ftse 100 = +4.20
Cac 40 = -6....
Today's Market at 08:40am
US Market (Futures)
Nasdaq = +11.20
Dow Jones = +37.30
S&P 500 = +6.30
European (Futures)
Ftse 100 = +4.20
Cac 40 = -6.70
Dax = +39.50
Asian
Nikkei 225 = +258.13
ASX 200 = +24.40
Straits Times = -7.86
Hang Seng = +177.19
KOSPI = +5.77
Taiwan weighted = -3.48
Shanghai (SSE) = +4.83
Gift Nifty = 24694.00 (+9.00)
FII and DII Trading Activity May 22, 2025 in Cash market:
FIIs: Net Sell of ₹5,045.36 crore
DIIs: Net Buy of ₹3,715 crore
Results Today
JSW Steel, Ashok Leyland, Glenmark Pharmaceuticals, Aditya Birla Fashion and Retail, Afcons Infrastructure, Apollo Micro Systems, Ashoka Buildcon, Balkrishna Industries, BEML, Cello World, Concord Drugs, Exicom Tele-Systems, Finolex Industries, Narayana Hrudayalaya, Transrail Lighting, and West Coast Paper Mills will release their quarterly earnings on May 23.
Results on May 24
NTPC, Allcargo Logistics, Chambal Breweries & Distilleries, HealthCare Global Enterprises, IFGL Refractories, Indigo Paints, Jagran Prakashan, JK Cement, Kolte-Patil Developers, and Rainbow Children's Medicare will announce their March quarter earnings on May 24.
Post Market Earnings Updates:
Earnings Impact (Positive):
TBO TEK – Revenue up 20.9%, EBITDA up 2.6%, Net Profit up 21.2%. (Positive)
Centum Electronics – Revenue up 28.8%, EBITDA jumps, swings to profit from loss. (Positive)
Deepak Fertilisers – Revenue up 27.9%, EBITDA up 10%, Net Profit up 23%, Dividend declared. (Positive)
Max Estates – Revenue up 32.6%, EBITDA up, Net profit swings to positive from loss. (Positive)
MTAR Technologies – Revenue up 28.1%, EBITDA up 86.3%, Net Profit up significantly. (Positive)
Gandhar Oil – Net profit up 27.5% despite flattish revenue and EBITDA; reappointment of MD. (Positive)
Power Mech Projects – Revenue up 42.4%, Net profit up 38.7%, despite margin compression. (Positive)
Earnings Impact (Negative)
HFCL – Revenue down 39.6%, EBITDA loss, Net loss. (Negative)
Premier Explosives – Revenue down 14.7%, EBITDA down 39.8%, Net profit down 44.7%. (Negative)
Ramco Cements – Revenue down 10.5%, EBITDA down 23.8%, Net profit down 78.8%. (Negative)
Gujarat Petronet – Revenue, EBITDA, and Net profit all down significantly QoQ. (Negative)
Grasim Industries – EBITDA down 58.17%, Net loss continues despite revenue growth. (Negative)
Sun Pharma – Net profit down 19%, US sales declined, higher exceptional loss. (Negative)
ITC – Margins declined, earnings growth flat; fell short of profit estimates. (Negative)
Honasa Consumer – EBITDA down 17.6%, Net profit down 17.8% despite revenue beat. (Negative)
Metro Brands – Net profit down 39%, tax hit impacted bottom line despite operational beat. (Negative)
GMR Airports – Higher revenue and EBITDA but widening net loss. (Negative)
Greenpanel Industries – Revenue, EBITDA and profit all declined YoY. (Negative)
Key Corporate Earnings and Updates:
Firstsource Solutions: Partnered with Sanas, a real-time speech understanding platform, to enhance AI-driven customer conversations. (Positive)
TVS Motor: Signed MoU with OOR Cabs to supply 500 TVS King EV MAX electric three-wheelers in FY 2025-26. (Positive)
Tata Steel: Inaugurated Phase II expansion at Kalinganagar, Odisha, increasing annual capacity from 3 to 8 million tonnes with a ₹27,000 crore investment. (Positive)
Trent and Bharat Electronics: To be included in Sensex, replacing IndusInd Bank and Nestle India from June 23, 2025, as per BSE rebalancing. (Positive)
UltraTech Cement: Its arm India Cements completed de-bottlenecking at Banswara Cement Works, Rajasthan, increasing capacity by 0.3 million tonnes/year. (Positive)
Blue Jet Healthcare: Undergoing a tax search/inspection by State Tax authorities in Mumbai across various premises; company is cooperating. (Negative)
GTL Infrastructure: Received a tax demand of ₹38 crore from the Lucknow GST department. (Negative)
Adani Ports: Plans to raise up to ₹6,000 crore via privately placed NCDs for capital expenditure, debt refinancing, and general corporate purposes.
Emcure Pharma: To set up a wholly owned subsidiary named Emcure Generics in Pune. (Neutral)
Adani Green: Promoter Ardour will convert 54.7 lakh warrants into shares from the remaining 3.55 crore convertible warrants.(Neutral)
Tega Industries: Its subsidiary signed a business sale agreement to transfer business to step-down unit Losugen, aiming to streamline operations and enhance synergies.(Neutral)
Jubilant Agri and Consumer Products: Expanded product portfolio by adding imported ammonium phosphate sulphate.(Neutral)
Hindustan Copper: Considering raising up to ₹500 crore via bonds or unsecured NCDs on May 27.(Neutral)
Andrew Yule & Co: Selling up to 2% stake in Veedol Corporation through offer for sale at a floor price of ₹1,566 per share.(Neutral)
Equitas SFB: To consider fundraising via QIP or other means on May 30.(Neutral)
JK Lakshmi: Entered a power purchase agreement under captive laws; acquired 26% stake in a special purpose vehicle (SPV) for solar power.(Neutral)
Piramal Enterprises: Evaluating fundraise via NCDs for ₹1240 crorenin two separate series on a private placement basis.(Neutral)
Ola Electric: Planning to raise up to ₹1,700 crore through NCDs or other securities via private placement.(Neutral)
Bulk Deals Summary:
MITCON Consultancy & Engineering Services
- Investor Mukul Mahavir Agrawal sold 1,31,193 equity shares at an average price of Rs 80.52 per share.
TD Power Systems:
Buyers:
- Goldman Sachs Funds (India Equity Portfolio) bought 10.93 lakh shares at Rs 460 per share.
- Blend Fund 2 acquired 13.04 lakh shares at the same price.
Sellers:
- Promoter Hitoshi Matsuo sold 21 lakh shares at Rs 460.09 per share.
- Promoter Nikhil Kumar offloaded 45 lakh shares at Rs 460.95 per share.
- Saphire Finman Services LLP sold 33 lakh shares at Rs 461.41 per share.
- Lavanya Sankaran sold 16 lakh shares at Rs 463.28 per share.
Stocks Trade Ex-Dividend
LTIMindtree, CMS Info Systems, Havells India, Himadri Speciality Chemical, Keystone Realtors, Sula Vineyards
Stock Trades Ex-Date for Income Distribution (InvIT)
Interise Trust
Stock Trades Ex-Date for Buyback
Dhampur Sugar Mills
Stocks Trade Ex-Date For Rights
Mahindra Lifespace Developers, Himalaya Food International Purple Finance, SEPC
Stock Trades Ex-Date for Resolution Plan -Suspension
Viksit Engineering
Stocks in F&O ban
Dixon Technologies, Manappuram Finance, RBL Bank, Titagarh Rail Systems
Source: NDTV Profit, Moneycontrol, NSE India, Investing.com
