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US Market (Futures)
Nasdaq = -236.90
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Gift Nifty = 25068.00 (-63.50)
FII and DII Trading Activity May 16, 2025 in Cash market:
FIIs: Net Buy of ₹8,831.05 crore
DIIs: Net Sell of ₹5,187.09 crore
Results Today
Power Grid Corporation of India, Bharat Electronics, DLF, ACME Solar Holdings, CMS Info Systems, DOMS Industries, Gujarat Gas, HEG, IRB Infrastructure Developers, JK Paper, One Mobikwik Systems, NLC India, Petronet LNG, Pfizer, PI Industries, Quess Corp, Sun Pharma Advanced Research Company, and Zydus Wellness will announce their quarterly earnings on May 19.
Quarterly Earnings
Divis Laboratories Q4 (Consolidated YoY):
- Profit soars 23% to Rs 662 crore Vs Rs 538 crore
- Board recommends final dividend of Rs 30 per share for FY25
Premier Energies Q4 (Consolidated YoY):
- Profit spikes 167.2% to Rs 277.8 crore Vs Rs 104 crore
- Revenue surges 43.9% to Rs 1,620.8 crore Vs Rs 1,126.6 crore
- Company signs Joint Venture Agreement with Nuevosol Energy for business of foundry, extrusion, of aluminium frames for solar photovoltaic modules
- Company signs Joint Venture Agreement with Sino-American Silicon Products Inc for manufacturing and selling of solar wafer
Delhivery Q4 (Consolidated YoY):
- Profit stands at Rs 72.6 crore Vs loss of Rs 68.5 crore
- Revenue rises 5.6% to Rs 2,191.6 crore Vs Rs 2,075.5 crore
Zen Technologies Q4 (Consolidated YoY):
- Profit zooms 189.2% to Rs 101 crore Vs Rs 34.9 crore
- Revenue surges 129.8% to Rs 325 crore Vs Rs 141.4 crore
Arvind Fashions Q4 (Consolidated YoY):
- Loss stands at Rs 93.15 crore Vs profit of Rs 24.3 crore
- Revenue rises 8.7% to Rs 1,189.1 crore Vs Rs 1,094 crore
Galaxy Surfactants Q4 (Consolidated YoY):
- Profit falls 2.1% to Rs 75.9 crore Vs Rs 77.5 crore
- Revenue grows 23.2% to Rs 1,144.9 crore Vs Rs 929 crore
- Other income drops to Rs 7.75 crore Vs Rs 23.9 crore
KRBL Q4 (Consolidated YoY):
- Profit surges 35.2% to Rs 154.2 crore Vs Rs 114.1 crore
- Revenue increases 9.4% to Rs 1,442.3 crore Vs Rs 1,318.3 crore
Kalpataru Projects International Q4 (Consolidated YoY):
- Profit zooms 37.2% to Rs 225.4 crore Vs Rs 164.4 crore
- Revenue jumps 18.3% to Rs 7,066.8 crore Vs Rs 5,971.3 crore
- Board recommends final Dividend of Rs 9 per share
IOL Chemicals and Pharmaceuticals Q4 (Consolidated YoY):
- Profit increases 13.8% to Rs 31.4 crore Vs Rs 27.6 crore
- Revenue rises 4.7% to Rs 527.8 crore Vs Rs 503.9 crore
Repco Home Finance Q4 (Standalone YoY):
- Profit increases 6.4% to Rs 114.9 crore Vs Rs 108.1 crore
- Net interest income grows 4.9% to Rs 170.8 crore Vs Rs 162.8 crore
CreditAccess Grameen Q4 (Standalone YoY):
- Profit sinks 88.1% to Rs 47.2 crore Vs Rs 397 crore
- Net interest income falls 0.5% to Rs 876.5 crore Vs Rs 881 crore
- Impairment on financial instruments spikes to Rs 582.9 crore Vs Rs 153.3 crore
Dhampur Sugar Mills Q4 (Consolidated YoY);
- Profit drops 5.4% to Rs 49 crore Vs Rs 51.9 crore
- Revenue grows 10.2% to Rs 619.2 crore Vs Rs 561.8 crore
- Board approves the proposal of buyback of shares worth up to Rs 20 crore at a price of Rs 185 per share
Gujarat Alkalies and Chemicals Q4 (Consolidated YoY):
- Profit stands at Rs 8.8 crore Vs loss of Rs 46.2 crore
- Revenue increases 7.4% to Rs 1,075.5 crore Vs Rs 1,001.6 crore
- Board recommends dividend of Rs 15.80 per share for FY25
Kaynes Technology India Q4 (Consolidated YoY):
- Profit zooms 43% to Rs 116.2 crore Vs Rs 81.3 crore
- Revenue surges 54.5% to Rs 984.5 crore Vs Rs 637.3 crore
Texmaco Rail & Engineering Q4 (Consolidated YoY):
- Profit drops 12.2% to Rs 39.8 crore Vs Rs 45.3 crores
- Revenue jumps 17.6% to Rs 1,346.4 crore Vs Rs 1,144.6 crore
Sterlite Technologies Q4 (Consolidated YoY):
- Loss narrows to Rs 40 crore Vs Rs 82 crore
- Revenue grows 24.8% to Rs 1,052 crore Vs Rs 843 crore
Key Corporate Developments and Updates
Dr Reddy's Laboratories: The USFDA completed a GMP inspection at the company’s API Middleburgh facility in New York from May 12–16 and issued a Form 483 with two observations.
Bharat Electronics:
Received additional orders worth Rs 572 crore since April 7, covering Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radio (SDR), Data Communication Units (DCU) for attack guns, AI-based ship solutions, simulators, communication gear, jammers, spares, and services.
KEC International: Secured new transmission and distribution orders worth Rs 1,133 crore in India.
RPP Infra Projects: Received a letter of acceptance for a Rs 154.43 crore project to supply factory-finished fabricated boiler structures in Koderma, Jharkhand.
Max Healthcare Institute: Subsidiary Crosslay Remedies acquired a 4,000 sq. meter land parcel with a building adjacent to Max Super Speciality Hospital, Vaishali, for Rs 120 crore. This enables addition of ~140 beds within 30 months.
Lumax Auto Technologies: Board approved acquisition of remaining 25% stake in IAC International Automobile India for Rs 221 crore from IACG Holdings LUX SARL. Post-deal, IAC becomes a 100% material subsidiary.
Sun Pharmaceutical Industries: Received USFDA Premarket Approval (PMA) for the next-gen BLU-U Blue Light PDT Illuminator featuring LED panels, replacing fluorescent tubes. Used with Levulan Kerastick for treating actinic keratoses on the face, scalp, or upper extremities.
NBCC (India): Sold 446 residential units in Aspire Silicon City, Phase IV, Noida, via e-auction for Rs 1,467.93 crore. Will earn a 1% marketing fee from the sale.
JSW Steel: Board to meet on May 23 to consider long-term fund-raising plans and dividend recommendation.
Bajaj Auto: Subsidiary BAIH BV signed loan agreements with JP Morgan Chase Bank, DBS Bank, and Citigroup Global Markets Asia to raise 566 million euros (Rs 5,431.08 crore). The loan is unsecured and for one year.
PNC Infratech: Received an arbitration award of Rs 485.28 crore plus 12% annual interest related to an EPC project for completing the Agra Bypass in Uttar Pradesh under NHAI.
GlaxoSmithKline Pharmaceuticals: Reported a fire incident at a contract manufacturing site, temporarily disrupting production. Assessment and recovery efforts are ongoing.
Vodafone Idea: Acquired a 26% stake in Sangli Wind Energy for Rs 31.2 lakh. Sangli is an SPV created to run a captive power plant. It becomes an associate of Vodafone Idea post-acquisition.
Bulk Deals:
Bharti Airtel:
- Promoter entity Singtel sold a 1.16% stake (7.1 crore shares) in the company at an average price of Rs 1,814.08 per share, amounting to a total value of Rs 12,880 crore.
Dam Capital Advisors:
- Gazania Advisory LLP purchased 5.5 lakh shares in the company at an average price of Rs 216.70 per share.
IndusInd Bank:
- Route One Fund I LP sold 50.38 lakh shares in the bank at an average price of Rs 765.68 per share.
JSW Infrastructure:
- Promoter entity Sajjan Jindal Family Trust sold a 2% stake in the company at an average price of Rs 288.21 per share, valued at Rs 1,210.48 crore.
- However, the Government of Singapore acquired a 0.87% stake at an average price of Rs 288.10 per share.
SME Listing on May 19
Virtual Galaxy Infotech
Stocks in F&O ban
Titagarh Rail Systems, Hindustan Copper, Manappuram Finance
Source: Moneycontrol, NSE India, Investing.com
