Today's Market at 08:30am
US Market (Futures)
Nasdaq = -656.40
Dow Jones = -807.40
S&P 500 = -157.50
European (Futures)
Ftse 100 = -67.60
&...
Today's Market at 08:30am
US Market (Futures)
Nasdaq = -656.40
Dow Jones = -807.40
S&P 500 = -157.50
European (Futures)
Ftse 100 = -67.60
Cac 40 = +12.70
Dax = +49.90
Asian
Nikkei 225 = -1035.37
ASX 200 = -84.10
Straits Times = -11.92
Hang Seng = -397.03
KOSPI = -28.96
Taiwan weighted = +18.05
Shanghai (SSE) = -4.67
Gift Nifty = 23166.50 (-264.00)
FII and DII Trading Activity for April 2, 2025 in Cash market:
FIIs: Net Sell of ₹1,538.88 crore
DIIs: Net Buy of ₹2,808.83 crore
Quarterly & Yearly Earnings (Provisional Updates)
Dabur Q4 (YoY)
- Organised trade (Modern trade, E-commerce, Quick commerce) saw growth; General trade remained weak.
- FMCG volume trends subdued.
- Strong international performance expected (MENA, Egypt, Bangladesh).
- India foods business ('Hommade' & 'Badshah') to post double-digit growth.
- India FMCG business likely to decline mid-single digits due to slow urban demand & short winter.
- Consolidated revenue expected to be flat.
- Operating profit margin to shrink by 150-175 bps due to inflation & operating deleverage.
Punjab National Bank Q4 (YoY)
- Global business up 14% (Rs 26.83 lakh cr).
- Domestic business up 13.2% (Rs 25.77 lakh cr).
- Global deposits up 14.3% (Rs 15.66 lakh cr), Domestic deposits up 13.3%.
- Global advances up 13.6% (Rs 11.17 lakh cr), Domestic advances up 13.2%.
South Indian Bank Q4 (YoY)
- Gross advances up 9.97% (Rs 88,447 cr).
- Retail deposits up 7.44% (Rs 1.05 lakh cr).
- Total deposits up 5.5%, CASA up 3.17%.
ESAF Small Finance Bank Q4 (YoY)
- Total deposits up 17.16% (Rs 23,277 cr).
- Term deposits up 13.84%, Gross advances up 1.08%.
- Loan book up 0.92%.
Hindustan Zinc Q4 (YoY)
- Mined metal production up 4% (3.1 lakh tonnes).
- Saleable metal production down 1%, Refined zinc down 3%.
- Refined lead production up 6%.
Punjab & Sind Bank FY25 (YoY)
- Total business up 11.9% (Rs 2.30 lakh cr).
- Total deposits up 8.68%, CASA deposits up 5.39%.
- Gross advances up 16.39%.
Central Bank of India FY25 (YoY)
- Total business up 10.75% (Rs 7.05 lakh cr).
- Total deposits up 7.18%, Gross advances up 16.20%.
MOIL FY25 (YoY)
- Manganese ore production up 2.7% (18.02 lakh tonnes).
- Sales up 3.3%, Ferro manganese production up 18%.
- Exploratory drilling up 22%.
Key Corporate Developments:
Maruti Suzuki India – Price hike across 7 models from April 8 due to rising costs.
HDFC Bank – SEBI issued an administrative warning for non-compliance in custodian activities.
Bharat Electronics – Signed Rs 593.22 crore contract with IAF for Akash Missile System maintenance.
Kirloskar Oil Engines – Rs 270 crore order from Indian Navy for 6MW marine diesel engine.
Elpro International – Sold remaining 1.63 crore shares in PNB MetLife for Rs 134.4 crore.
Interarch Building Products – Received Rs 300 crore order for pre-engineered steel building systems.
VVIP Infratech – Secured Rs 414 crore infrastructure contracts in Uttarakhand & UP.
Mahindra Lifespace Developers – Selected for a Rs 1,200 crore redevelopment project in Mumbai.
GE Power India – Won Rs 38.2 crore order from NTPC for generator parts supply.
Authum Investment & Infrastructure – Won bid for Vas Infrastructure acquisition for Rs 86.04 crore.
Lupin – Acquired Renascience Pharma (UK) for GBP 12.3 million.
Reliance Industries – Laid foundation for first CBG plant in Andhra Pradesh, Rs 139 crore investment.
PNB Housing Finance – Amit Singh resigned as Chief People Officer, Satish Kumar Singh to take over.
Caplin Point Laboratories – Subsidiary invested in Neoethicals Chile SpA.
ASK Automotive – CEO (Operations) Shalender Singh Birla resigned.
Borosil – Approved Rs 40 crore capex for a stainless-steel flask unit in Rajasthan.
Tata Communications – TC Netherlands to repurchase shares worth 16.718 million euros.
Chennai Petroleum Corporation – H Shankar appointed MD.
Hindustan Copper – Signed an agreement with CODELCO for mining collaboration.
Fortis Healthcare – Won bid for ‘Fortis Marks’ trademarks via public auction.
Simplex Infrastructure – Entered a one-time settlement with lenders.
Bajaj Healthcare – CFO Dayashankar Patel resigned.
Allcargo Logistics – Subsidiary acquired 10% more stake in Ecu Worldwide Japan.
Dhampur Bio Organics – Approved renaming to Divija Bio Organics.
Bulk Deals:
Shri Ahimsa Naturals – PG Foils, Genesis Grand, and Varada Trading acquired shares; Vbcube Ventures sold.
Bright Outdoor Media – Aegis Investment Fund increased stake; Ashish Pannalal Nanda exited.
SME Listing on April 3
Identixweb
Stock Trades Ex-Dividend
United Spirits
Stock Trades Ex-Bonus
Sal Automotive
Source: Moneycontrol, Investing.com, NSE India