Bulls Rally, Earnings Impress, FIIs Exit, DIIs Dominate – Markets Pulse with Action

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Today's Market at 08:25am
US Market (Futures)
      Nasdaq = +385.60
      Dow Jones = +419.50
      S&P 500 = +76.80
European (Futures)
      Ftse 100 = +42.30
      Cac 40 = +96.30
      Dax = +181.00
Asian
      Nikkei 225 = +22.67
      ASX 200 = +23.90
      Straits Times = +0.00
      Hang Seng = +232.26
      KOSPI = +11.40
      Taiwan weighted = +222.34
      Shanghai (SSE) = +19.81
Gift Nifty = 24565.00 (+483.00)

FII and DII Trading Activity May 9, 2025 in Cash market:
FIIs: Net Sell of ₹3,798.71 crore
DIIs: Net Buy of ₹7,277.74 crore

Results Today
Bajaj Electricals, Carborundum Universal, CARE Ratings, Chalet Hotels, DCW, Garden Reach Shipbuilders & Engineers, Happiest Minds Technologies, JM Financial, Jyothy Labs, Krishna Institute of Medical Sciences, Kewal Kiran Clothing, Krsnaa Diagnostics, Man Industries (India), Morepen Laboratories, PG Electroplast, Prudent Corporate Advisory Services, PVR Inox, Raymond, Raymond Lifestyle, Sagar Cements, SRF, Tata Steel, TD Power Systems, Thomas Cook (India), UPL, Usha Martin, Venkys (India), Ventive Hospitality, Vijaya Diagnostic Centre, Zaggle Prepaid Ocean Services

Key Corporate Developments and Updates

IndusInd Bank: An audit report received on April 26 raised aspects potentially related to insider trading. The bank is reviewing the findings and will act as per insider trading laws.
State Bank of India (SBI): SBI's board approved the sale of a 13.19% stake in Yes Bank to Sumitomo Mitsui Banking Corp. (SMBC) at Rs 21.5 per share, amounting to Rs 8,888 crore.
Federal Bank: Entered an agreement to sell 16.6 crore Yes Bank shares to SMBC at Rs 21.5 per share.
Cyient DLM: CEO Anthony Montalbano has stepped down. Managing Director Rajendra Velagapudi will assume the CEO role.
Yes Bank: SMBC will acquire 13.19% from SBI and 6.81% from other investors, pending approval from CCI and RBI. SBI will retain over 10% ownership.
Bandhan Bank: Selling 15.39 crore Yes Bank shares at Rs 21.5 per share, reducing its stake from 0.7% to 0.21%.
Puravankara: Entered a JV to develop 24.59 acres in North Bengaluru with an estimated gross development value of Rs 3,300 crore.
Max India: Finalized sale of three floors to Max Towers Pvt. Ltd. for Rs 105.08 crore.
Jupiter Lifeline: Appointed Sivasis Sen as Chief Financial Officer effective May 12.
Manappuram Finance: Appointed Deepak Reddy as CEO effective August 1, 2025.
Canara Bank: Announced a 10 basis point reduction in MCLR across tenures, effective May 12.
Raymond Lifesciences: CFO Sameer Shah resigned, effective July 31.
Hexaware Technologies: Incorporated a wholly-owned subsidiary, Hexaware Technologies Services, in Egypt.
Kolte-Patil Developers: Announced the passing of Promoter Naresh Patil.
Mankind Pharma: Received an IT department demand of Rs 91 crore (including interest) for the assessment year 2023–24.

Earnings Post Market Hours:

Dr Reddy's Laboratories Q4 Results (Consolidated, YoY):
- Revenue up 20.1% to Rs 8,506 crore versus Rs 7,083 crore (Bloomberg estimate: Rs 8,369 crore).
- Ebitda up 32% at Rs 2,475 crore versus Rs 1,872 crore (Bloomberg estimate: Rs 2,281.6 crore).
- Margin at 29% versus 26.4% (Bloomberg estimate: 27.3%).
- Net Profit up 21.9% to Rs 1,593 crore versus Rs 1,307 crore (Bloomberg estimate: Rs 1,465.7 crore).
GE Shipping Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue down 18.3% at Rs 1,223 crore versus Rs 1,497 crore.
- Ebitda down 47% at Rs 505 crore versus Rs 951 crore.
- Margin at 41.3% versus 63.5%.
- Net profit down 60% at Rs 363 crore versus Rs 905 crore.
Relaxo Footwares Q4FY25 Results Highlights (Consolidated, YoY):
- Revenue down 7% at Rs 695 crore versus Rs 747 crore.
- Ebitda down 7% at Rs 112 crore versus Rs 120 crore.
- Margin flat at 16.1%.
- Net profit down 8.4% at Rs 56 crore versus Rs 61 crore.
Manappuram Finance Q4 FY25 Results (Standalone, YoY):
- Total income up 15.1% to Rs 1,741.77 crore versus Rs 1,513.26 crore.
- Net Profit down 3.3% to Rs 414.34 crore versus Rs 428.32 crore (Bloomberg estimate: Rs 445.3 crore).
Navin Flourine Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 16% at Rs 713 crore versus Rs 614 crore (Bloomberg estimate: Rs 679.3 crore).
- Ebitda up 55.4% at Rs 190 crore versus Rs 122 crore (Bloomberg estimate: Rs 169.4 crore).
- Margin at 26.7% versus 20% (Bloomberg estimate: 24.9%).
- Net profit up 35% at Rs 95 crore versus Rs 70.4 crore (Bloomberg estimate: Rs 99 crore).
Bank of India Q4FY25 Results Highlights (Standalone, YoY):
- Net profit up 82.5% at Rs 2,626 crore versus Rs 1,439 crore.
- Net Interest Income up 2% at Rs 6,063 crore versus Rs 5,936 crore.
- Operating profit up 37.3% at Rs 4,885 crore versus Rs 3,557 crore.
- Gross NPA at 3.27% versus 3.69% (QoQ).
- Net NPA at 0.82% versus 0.85% (QoQ).
- Provisions up at Rs 1,338 crore versus Rs. 304 crore (QoQ).
- Provisions down 26.7% at Rs 1,338 crore versus Rs 1,826 crore.
Aditya Vision Q4 FY25 Earnings Highlights (Consolidated, YoY):
- Revenue up 29.6% at Rs 487 crore versus Rs 376 crore.
- Ebitda up 12.4% at Rs 42 crore versus Rs 38 crore.
- Margin at 8.7% versus 10%.
- Net profit up at Rs 16 crore versus Rs 8 crore.
Eveready Industries Q4 FY25 Results Highlights (Consolidated, YoY):
- Net profit up 29% at Rs 10 crore versus Rs 8 crore.
- Revenue up 6.44% at Rs 299 crore versus Rs 281 crore.
- Ebitda up 0.19% at Rs 25.5 crore versus Rs 25.5 crore.
- Margin at 8.5% versus 9%.
Swiggy Q4 Results (Consolidated, QoQ):
- Revenue up 10.4% to Rs 4,410 crore versus Rs 3,993 crore (Bloomberg estimate: Rs 4,178.5 crore).
- Ebitda loss of Rs 962 crore versus loss of Rs 726 crore (Bloomberg estimate: Loss of Rs 732.7 crore).
- Net loss of Rs 1,081 crore versus loss of Rs 799 crore (Bloomberg estimate: Loss of Rs 778.1 crore).
KPR Mill Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 4.3% at Rs 1,769 crore versus Rs 1,697 crore.
- Ebitda down 0.7% at Rs 333 crore versus Rs 335 crore.
- Margin at 18.8% versus 19.7%.
- Net profit down 4.2% at Rs 204 crore versus Rs 214 crore.
ABB India Q1CY25 Highlights (YoY):
- Revenue rose 2.6% to Rs 3,159.56 crore versus Rs 3,080.36 crore. (Estimate: Rs 3,428 crore).
- Ebitda up 3% to Rs 582.27 crore versus Rs 565.18 crore. (Estimate: Rs 621 crore).
- Margin at 18.4% versus 18.3% (Estimate: 18.1%).
- Net profit up 3.3% to Rs 474.63 crore versus Rs 459.29 crore (Estimate: Rs 520 crore).
Thermax Q4 FY25 Results Highlights (YoY):
- Revenue up 11.6% at Rs 3,085 crore versus Rs 2,763 crore (Bloomberg estimate: Rs 3,086 crore).
- Ebitda up 10% at Rs 299.6 crore versus Rs 273 crore (Bloomberg estimate: Rs 303 crore).
- Margin at 9.7% versus 10% (Bloomberg estimate: 9.8%).
- Net profit up 8% at Rs 205 crore versus Rs 190 crore (Bloomberg estimate: Rs 219 crore).
Jupiter Lifeline Hospitals Q4 FY25 Earnings Highlights (Consolidated, YoY):
- Revenue up 12% at Rs 327 crore versus Rs 291 crore.
- Ebitda up 23.7% at Rs 78 crore versus Rs 63 crore.
- Margin at 24% versus 21.6%.
- Net profit down 0.4% at Rs 44.8 crore versus Rs 45 crore.
India Shelter Finance Q4 (YoY):
- Total Income up 34% at Rs 327 crore versus Rs 244 crore.
- NII up 26.71% at Rs 166 crore versus Rs 131 crore.
- GNPA at 0.99% versus 1.25% (QoQ).
- NNPA at 0.75% versus 0.94% (QoQ).
- Net profit up 39% at Rs 108 crore versus Rs 77.7 crore.
- To pay final dividend of Rs 5/share.
Birla Corp Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 6% at Rs 2,815 crore versus Rs 2,654 crore (Bloomberg estimate: Rs 2,611.4 crore).
- Ebitda up 13% at Rs 534 crore versus Rs 472 crore (Bloomberg estimate: Rs 390.5 crore).
- Margin at 19% versus 17.8% (Bloomberg estimate: 15%).
- Net profit up 32.7% at Rs 257 crore versus Rs 193 crore (Bloomberg estimate: Rs 132 crore).
Meghmani Organics Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 35% at Rs 553 crore versus Rs 410 crore
- EBITDA at Rs 65.5 crore versus Rs 2 crore
- Margin at 11.8% versus 0.5%
- Net profit at Rs 19.8 crore versus loss of Rs 18 crore
Borosil Renewables Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 32% at Rs 373 crore versus Rs 283 crore
- Ebitda up to Rs 15.5 crore versus Ebitda loss of Rs 25.5 crore
- Margin at 4%
- Net loss of Rs 20 crore versus loss of Rs 48 crore
Apollo Pipes Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 23% at Rs 315 crore versus Rs 256 crore
- Ebitda down 5.5% at Rs 24 crore versus Rs 25 crore
- Margin at 7.6% versus 9.9%
- Net Profit up 45% at Rs 9.8 crore versus Rs 6.7 crore
Triveni Turbine Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 17.4% at Rs 538 crore versus Rs 458 crore
- EBITDA up 34% at Rs 120 crore versus Rs 89.8 crore
- Margin at 22.4% versus 19.6%
- Net profit up 23.6% at Rs 93.9 crore versus Rs 76 crore
- Board to pay final dividend of Rs 2 per share
Seshasahyee Paper Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue down 6.9% at Rs 502 crore versus Rs 539 crore
- Ebitda down 62.8% at Rs 25.2 crore versus Rs 67.7 crore
- Margin at 5% versus 12.6%
- Net profit down 52.4% at Rs 27.1 crore versus Rs 56.8 crore
- Board to pay dividend of Rs 2.5 per share
Electrosteel Castings Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue down 15.2% at Rs 1,701 crore versus Rs 2,004 crore
- Ebitda down 48.7% at Rs 160 crore versus Rs 311 crore
- Margin at 9.4% versus 15.5%
- Net profit down 26% at Rs 168 crore versus Rs 227 crore
- Board to pay final dividend of Rs 1.4 per share
AFFLE 3I Q4 FY25 Results Highlights (Consolidated, QoQ):
- Revenue flat at Rs 602 crore
- EBITDA up 1.7% at Rs 107 crore versus Rs 106 crore
- Margin at 17.8% versus 17.5%
- Net profit up 2.8% at Rs 103 crore versus Rs 100 crore
Grindwell Norton Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 2.7% at Rs 709 crore versus Rs 691 crore
- EBITDA up 1.8% at Rs 127 crore versus Rs 125 crore
- Margin flat at 18%
- Net Profit flat at Rs 92.5 crore
Shakti Pumps Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 9.2% at Rs 665 crore versus Rs 609 crore
- EBITDA up 25.4% at Rs 164 crore versus Rs 131 crore
- Margin at 24.6% versus 21.5%
- Net profit up 23% at Rs 110 crore versus Rs 90 crore

Stocks in F&O ban
Central Depository Services,
Manappuram Finance,
RBL Bank

Source: NDTV Profit, NSE India, Investing.com