Today's Market at 08:35am
US Market (Futures)
Nasdaq = +234.70
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Nikkei 225 = +180.03
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Gift Nifty = 24939.00 (+95.50)
FII and DII Trading Activity May 23, 2025 in Cash market:
FIIs: Net Buy of ₹1,794.59 crore
DIIs: Net Buy of ₹299.78 crore
Results Today
Action Construction Equipment, Akums Drugs and Pharmaceuticals, Aurobindo Pharma, Awfis Space Solutions, Balaji Amines, Bayer CropScience, Blue Dart Express, Capacite Infraprojects, Brainbees Solutions, General Insurance Corporation of India, Gillette India, Goldiam International, Hi-Tech Pipes, Infibeam Avenues, KEC International, Lumax Industries, Maharashtra Seamless, Nazara Technologies, Olectra Greentech, Orchid Pharma, Apeejay Surrendra Park Hotels, PTC India, RateGain Travel Technologies, Schneider Electric Infrastructure, Shilpa Medicare, Stylam Industries, Sumitomo Chemical India, Vadilal Industries, Venus Pipes & Tubes, Yatharth Hospital & Trauma Care Services
Earnings Impact (Positive):
JK Cement - Q4 profit rose 64% YoY to Rs 360.4 crore from Rs 219.8 crore. Revenue grew 15.3% to Rs 3,581.2 crore. Board declared Rs 15 dividend/share for FY25.(Positive)
Ashoka Buildcon – Q4 profit surged 73.1% YoY to Rs 432.2 crore from Rs 249.6 crore despite an 11.7% drop in revenue. Strong profit growth is a positive signal. (Positive)
NTPC – Q4 profit increased 21.7% YoY to Rs 7,897.1 crore, and revenue rose 4.6%. Final dividend of Rs 3.35/share announced. Solid earnings and shareholder returns. (Positive)
JSW Steel – Revenue, EBITDA, and profit grew QoQ; strong YoY steel production and sales; achieved FY25 guidance; set FY26 guidance.
(Positive – Robust operational performance and execution.)
Azad Engineering – Revenue up 36.9%, EBITDA up 45.8%, profit up 69%, margin expanded.
(Positive – Strong growth across all metrics.)
Anupam Rasayan – Revenue up 24.7%, EBITDA up 55.8%, profit up 44%, margin improved; strong contribution from pharma, polymer.
(Positive – Solid broad-based growth.)
GE Vernova – Revenue up 26%, EBITDA and profit surged significantly, margin improved to 21.9%.
(Positive – Strong operating and profitability performance.)
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) – EBITDA up 65.5%, profit up 62.3%, margin improved, despite slight revenue decline.
(Positive – Strong margin and bottom-line expansion.)
Timken India – Profit up 32%, EBITDA up 5.6%, steady margins and revenue growth.
(Positive – Consistent and profitable growth.)
Aditya Birla Fashion – Revenue up 9.2%, EBITDA surged, margin improvement, narrowed net loss.
(Positive – Operational turnaround in progress.)
Narayana Hrudayalaya – Revenue up 18.4%, EBITDA up 22.9%, profit up 3.4%, margin improved.
(Positive – Consistent growth with strong margins.)
Earnings Impact (Negative):
HBL Engineering – Q4 profit plummeted 44.8% YoY to Rs 45 crore. Revenue also declined significantly by 22%. Weak performance on both profit and revenue fronts. (Negative)
Dreamfolks Services – EBITDA down 19.1%, profit down 17.2%, margin contracted.
(Negative – Profitability deterioration despite revenue growth.)
Balkrishna Industries – EBITDA and profit declined, margins contracted, missed estimates.
(Negative – Weak performance and underperformance versus expectations.)
Reliance Infrastructure – Revenue and EBITDA sharply down; margin almost erased; net profit driven by exceptional/regulatory item.
(Negative – Poor core operating performance masked by one-offs.)
Lux Industries – EBITDA and profit declined; margin shrank despite revenue growth.
(Negative – Weak operational leverage.)
Cello World – EBITDA and profit nearly flat/down; margin declined.
(Negative – Operating margin contraction offsets topline growth.)
Afcons Infra – Revenue, EBITDA, and profit all declined; margin compressed.
(Negative – Broad-based operational decline.)
Earnings Impact (Neutral):
Finolex Industries – Marginal profit dip of 0.2% YoY to Rs 164.6 crore and revenue down 5.1%. Board recommended final and special dividends totaling Rs 3.60/share, offsetting weak financials. Balanced outcome.(Neutral)
Glenmark Pharma – Revenue and EBITDA up; margin improved; reported profit after a loss in Q4FY24, but missed estimates.
(Neutral – Turnaround underway but underwhelming vs expectations.)
Linde India – Revenue down, but EBITDA and profit rose; margin improved.
(Neutral – Mixed performance with profitability intact.)
Key Corporate Earnings and Updates:
TVS Srichakra: Eurogrip Tyres, its two- and three-wheeler tyre brand, inaugurated a branded retail store in Hyderabad. (Positive)
Lloyds Engineering Works: Received a Rs 21 crore order from Cochin Shipyard to supply fin stabiliser systems. (Positive)
Lupin: Its US unit converted a $41 million loan and $3.3 million in interest to Lupin Oncology into equity, making it a step-down subsidiary.(Positive)
Havells India: Announced a Rs 340 crore investment to increase cable capacity at its Alwar plant, bringing annual capacity to 41.45 lakh. (Positive)
Zydus Lifesciences: Received US FDA approval for Isotretinoin Capsules USP in 10 mg, 20 mg, 25 mg, 30 mg, 35 mg, and 40 mg dosages. (Positive)
Inox Wind Energy: NCLT approved the scheme of arrangement between Inox Wind Energy, Inox Wind, and their shareholders. (Positive)
NIBE: The company has secured an export purchase order worth $17.52 million (approximately Rs 150.62 crore) from a globally recognized defence technology company based in Israel. The order pertains to the manufacture and supply of Universal Rocket Launchers. (Positive)
One 97 Communications (Paytm): The Supreme Court has stayed the proceedings related to a show cause notice issued to its subsidiary First Games Technology, concerning a proposed GST liability of Rs 5,712 crore. This notice was issued by the Directorate General of GST Intelligence on April 28, 2025, covering the period from January 2018 to March 2023, and includes interest and penalties. (Positive)
Bharti Airtel: The Supreme Court dismissed Bharti Telemedia Ltd.'s (Airtel’s arm) appeal against high court rulings on entertainment tax for DTH services, leading to an estimated liability of Rs 585 crore. (Negative)
Garware Hi-Tech: Re-appointed Sarita Garware Ramsay as joint managing director for a three-year term starting May 26.(Neutral)
Sun Pharma:Will invest $25 million in US-based Pharmazz. (Neutral)
Bajaj Auto: Its subsidiary entered a call option agreement with Pierer Konzerngesellschaft mbH and Pierer Industrie AG to potentially purchase shares held in Pierer Bajaj AG. (Neutral)
Stocks Trade Ex-Dividend
Archean Chemical* Industries, Black Rose Industries, Lloyds Metals and Energy, Pearl Global Industries
Stock Trades Ex-Date for Income Distribution (InvIT)
Maple Infrastructure Trust
Stocks in F&O ban
Chambal Fertilisers and Chemicals, Hindustan Copper, Dixon Technologies, Manappuram Finance, RBL Bank, Titagarh Rail Systems
Source: NDTV Profit, Moneycontrol, NSE India, Investing.com
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