Global Cues Mixed, But Bulls Find Firepower in FIIs, DIIs & Results Rush

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FII and DII Trading Activity May 12, 2025 in Cash market:
FIIs: Net Buy of ₹1,246.48 crore
DIIs: Net Buy of ₹1,448.37 crore

Results Today:
Tata Motors, Hero MotoCorp, Bharti Airtel, Siemens, Bharti Hexacom, Aditya Birla Capital, Cipla, GAIL India, GlaxoSmithKline Pharmaceuticals, Garden Reach Shipbuilders & Engineers, ITD Cementation India, Jubilant Ingrevia, Metropolis Healthcare, Max Financial Services, Suven Life Sciences, VIP Industries, and VST Tillers Tractors will announce their quarterly earnings scorecard on May 13

Earnings Post Market Hours

Tata Steel Q4 (Consolidated YoY):
- Profit surges 116.5% to Rs 1,200.9 crore Vs Rs 554.6 crore
- Revenue falls 4.2% to Rs 56,218.1 crore Vs Rs 58,687.3 crore
- Exceptional loss at Rs 388.6 crore Vs loss of Rs 594.5 crore
- Tax expenses drop to Rs 998.81 crore Vs Rs 1,254.31 crore
- Other income jumps to Rs 461 crore Vs Rs 175.9 crore
- Board recommends final dividend of Rs 3.60 per share
- Company to invest up to $2.5 billion in subsidiary T Steel Holdings Pte
Novelis (Hindalco subsidiary) Q4 (YoY):
- Net income soars 77% to $294 million
- Net income attributable to common shareholder excluding special items jumps 46% to $262 million
- Net sales increase 13% to $4.6 billion
- Adjusted EBITDA drops 8% to $473 million
- Rolled product shipments grow 1% to 957 Kilotonnes
- Adjusted EBITDA per tonne shipped falls 9% to $494
Raymond Q4 (Consolidated YoY):
- Profit from continuing operations grows 101% to Rs 25.4 crore Vs Rs 12.7 crore
- Revenue jumps 109.7% to Rs 557.5 crore Vs Rs 265.9 crore
Care Ratings Q4 (Consolidated YoY):
- Profit zooms 76.7% to Rs 43.4 crore Vs Rs 24.6 crore
- Revenue grows 21.6% to Rs 109.7 crore Vs Rs 90.1 crore
- Board recommended a final dividend of Rs 11 per share
JM Financial Q4 (Standalone YoY):
- Profit spikes 389.8% to Rs 134.6 crore Vs Rs 27.5 crore
- Net interest income grows 31.9% to Rs 250.2 crore Vs Rs 189.7 crore
- Board recommends a dividend of Rs 2.70 per share for FY25
TD Power Systems Q4 (Consolidated YoY):
- Profit zooms 82.7% to Rs 53 crore Vs Rs 29 crore
- Revenue jumps 31.9% to Rs 348.2 crore Vs Rs 263.9 crore
Thomas Cook Q4 (Consolidated YoY):
- Profit rises 13.5% to Rs 66 crore Vs Rs 58.2 crore
- Revenue grows 18.3% to Rs 1,968.9 crore Vs Rs 1,663.8 crore
Morepen Laboratories Q4 (Consolidated YoY):
- Profit falls 28.2% to Rs 20.3 crore Vs Rs 28.3 crore
- Revenue grows 10.1% to Rs 465.9 crore Vs Rs 423.1 crore
Carborundum Universal Q4 (Consolidated YoY):
- Profit tanks 78.9% to Rs 30.1 crore Vs Rs 142.6 crore
- Revenue rises 1.3% to Rs 1,217.1 crore Vs Rs 1,201.2 crore
Raymond Lifestyle Q4 (Consolidated YoY):
- Loss stands at Rs 45 crore Vs profit of Rs 235.6 crore
- Revenue drops 11.3% to Rs 1,494.2 crore Vs Rs 1,684.6 crore
Zaggle Prepaid Ocean Services Q4 (Consolidated YoY):
- Profit zooms 62.5% to Rs 31.1 crore Vs Rs 19.2 crore
- Revenue soars 50.8% to Rs 412.1 crore Vs Rs 273.4 crore
Krsnaa Diagnostics Q4FY25 Results Highlights (Consolidated, YoY):
- Revenue up 12% to Rs 186 crore versus Rs 166.2 crore.
- Ebitda up 21.3% to Rs 53 crore versus Rs 43.6 crore.
- Margin at 28.4% versus 26.2%.
- Net profit up 10% to Rs 20.6 crore versus Rs 18.7 crore.
- To pay a final dividend of Rs 2.75 per share.
Chalet Hotels Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 24.8% to Rs 521.97 crore versus Rs 418.26 crore.
- Ebitda up 24% to Rs 339.46 crore versus Rs 272.84 crore.
- Margin at 65.0% versus 65.2%.
- Net profit up 50% to Rs 123.83 crore versus Rs 82.44 crore.
Prudent Corporate Advisory Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 18.1% to Rs 283 crore versus Rs 240 crore.
- Ebitda up 13% to Rs 68.7 crore versus Rs 60.8 crore.
- Margin at 24.3% versus 25.4%.
- Net profit up 15.9% to Rs 51.7 crore versus Rs 44.6 crore.
Ventive Hospitality Q4 FY25 Results Highlights (Consolidated, YoY):
- Revenue up 461.9% to Rs 697.93 crore versus Rs 124.21 crore.
- Ebitda up 363% to Rs 351.55 crore versus Rs 75.96 crore.
- Margin at 50.4% versus 61.2%.
- Net profit up 170.7% to Rs 127.87 crore versus Rs 47.22 crore.
Happiest Minds Technologies (Consolidated, QoQ):
- Revenue rose 2.6% to Rs 544 crore vs Rs 530 crore
- EBIT fell 15.9% to Rs 61.3 crore vs Rs 73 crore
- EBIT Margin fell 11.2% vs 13.7%
- Net profit fell 32% to Rs 34 crore vs Rs 50 crore

Key Corporate Developments and Updates

One 97 Communications (Paytm):
Antfin, an Alibaba Group affiliate, is likely to sell up to a 4% stake via block deals. The offer size is Rs 2,066 crore with a floor price of Rs 809.75 per share.
Kfin Technologies:
General Atlantic Singapore Fund Pte plans to sell a 6.9% stake (1.18 crore shares) via block deals. The deal size is approximately Rs 1,209.5 crore, with a floor price of Rs 1,025 per share.
Premier Explosives:
Received immediate closure orders from the Telangana Pollution Control Board for its Yadadri-Bhuvanagiri factory following an accident on April 29, 2025.
Aether Industries:
Promoter Purnima Desai to sell up to 6.77% stake (89.79 lakh shares) via OFS on May 13 (non-retail) and May 14 (retail). Floor price is Rs 700 per share.
Piramal Pharma:
Will invest $90 million to expand facilities in Michigan and Kentucky, USA.
Cochin Shipyard: Announced collaboration with Drydocks World (a DP World company) to enhance India’s ship repair and offshore fabrication capabilities.
Allied Blenders and Distillers:
Board to consider fundraising via equity shares or securities on May 15.
Gensol Engineering:
Anmol Singh Jaggi resigned as Managing Director and Puneet Singh Jaggi as Whole-time Director, effective May 12.
Arvind:
Entered agreement with Torrent Green Energy and Torrent Urja 28 to subscribe to a minimum 26% stake for a hybrid power plant in Gujarat. Will invest 15.96% of equity share capital toward its share.
HFCL:
Received Rs 157 crore purchase order from Tera Software Ltd (consortium partner of ITI Ltd) for Optical Fiber Cables under BharatNet Phase III.
TVS Motor:
VS Trust (part of promoter group) acquired 5.5 lakh shares of TVS Holdings from Sundaram Finance Holdings.
Bliss GVS Pharma:
Subsidiary transferred its entire 51% stake in Greenlife Bliss Healthcare to Greenlife Pharmaceuticals.
Shree Cement:
Granted limestone mining rights in Rajasthan with 211 million tonnes of mineral resources.
Thomas Cook: Completed system checks and malware removal post-cyber incident. No material financial impact reported.

Bulk deals:
Sundaram Clayton
- Tata Mutual Fund acquired a 2.81% stake at an average price of Rs 1,990 per share.
- Simultaneously, Srinivasan Trust (promoter entity) exited the company, selling its 2.81% stake at Rs 1,990.09 per share.
Northern Arc Capital:
- Morgan Stanley Asia Singapore Pte bought a 0.54% stake at Rs 193 per share.
- 360 ONE Special Opportunities Fund - Series 2 sold a 2.2% stake at Rs 194.64 per share.

Block Deals:

Motilal Oswal Financial Services:
- Citigroup Global Markets Mauritius purchased 2.03 lakh shares at Rs 679.5 per share from Morgan Stanley Asia Singapore Pte.
Tanla Platforms:
- Promoter Dasari Uday Kumar Reddy acquired a 1.38% stake at Rs 470.15 per share.
- Shares were acquired from American Funds Insurance Series Global Small Capitalization Fund and Smallcap World Fund Inc.
Marine Electricals (India):
- Completed the acquisition of Marks Marine Radio.
- Shareholding in Marks Marine Radio increased from 49.2% to 59.2%.

Stocks Trade Ex-Dividend
Godrej Consumer Products, IFGL Refractories
Stock Trades Ex-Date for Income Distribution (InvIT)
IRB InvIT Fund
Stock Trades Ex-Date for Rights
Yamini Investments Company
Stocks in F&O ban
Central Depository Services, Manappuram Finance

Source: Moneycontrol, NDTVPROFIT, NSE India, Investing.com