Newsletter: 28th May 2025

HBL Bags ₹101 Cr

Aaj Ka Bazaar

The US markets were closed on Monday in observance of Memorial Day. However, US equity futures rose over 1% following President Trump’s decision to delay imposing 50% tariffs on European Union imports until July 9. These moves temporarily eased fears of an escalating trade war, providing a positive signal for global markets. Meanwhile, investors were also looking ahead to earnings news from Nvidia (NVDA), with the AI daring scheduled to release its fiscal first-quarter results after the close of trading next Wednesday. On the US economic front, the Commerce Department released a report showing that new home sales in the US in April spiked compared to a significantly downwardly revised level in March. Asian markets fluctuated this morning, and the dollar edged down while gold changed a little. Oil was slightly lower ahead of an OPEC+ meeting that will decide on supply policy. Indian market is seen opening little changed on Tuesday, tracking muted cues from other Asian markets as fears persist over US tariffs and fiscal deficit. Benchmark indexes Sensex and Nifty climbed around 0.6% each on Monday, driven by gains in rate-sensitive auto and banking stocks as India overtook Japan to become the world’s fourth-largest economy. Reports indicate that RBI is seeking approval to allow domestic banks to lend the rupee to overseas borrowers, accelerating the internationalization of the Indian currency.

Markets Around Us

BSE Sensex 81,489.36 (-0.84%)

Nifty 5024,765.80 (-0.25%)

Bank Nifty55,329.80 (0.03%)

Dow Jones42,341.92 (0.00%)

Nasdaq 19,199.16 (2.47%)

FTSE 8,778.05 (0.68%)

Nikkei 22537,843.57 (0.32%)

Hang Seng 23,232.02 (-0.64%)

Sector: Industrial Goods

HBL Wins ₹101 Cr Kavach Deal

HBL Engineering said that it has received letter of acceptances (LoA) from IRCON International for provision of the Kavach in Bangalore and Mysore divisions of South Western Railway, across 85 stations covering 778 kilometers and two locomotives. The contract has to be executed within a period of 18 months. The total value of the contract is Rs 101.55 crore. HBL Engineering (formerly known as HBL Power Systems) manufactures different types of batteries, including lead acid, nicad, silver zinc, lithium, and railway & defence electronics and other products. The company reported a consolidated net profit of Rs 64.61 crore in Q3 FY25, down 18.3% compared with Rs 79.04 crore in Q3 FY24. Revenue from operations fell 24.8% YoY to Rs 450.56 crore in Q3 FY25.

Why it Matters:

This news highlights HBL Engineering’s strategic win in India’s railway modernization efforts through the Kavach safety system. Despite a dip in Q3 earnings, the ₹101.55 crore order reinforces its positioning in railway and defense electronics. It signals future growth potential amid ongoing infrastructure upgrades.

 NIFTY 50 GAINERS

JIOFIN – 294.60 (1.10%)

INFY– 1580.10 (0.64%)

DRREDDY – 1249.40 (0.50)

NIFTY 50 LOSERS

ITC – 420.35 (-1.34%)

NESTLEIND – 2431.00 (-1.22%)

JSWSTEEL – 1002.80 (-1.08)

Sector : Railway Wagons

Jupiter Wagons Ltd’s electric vehicle arm Jupiter Electric Mobility (JEM) on Tuesday said it has signed an initial pact with logistics platform Pickkup for deploying 300 units of its electric light commercial vehicle Tez for last-mile deliveries. The company has already delivered the first batch of these vehicles, following extensive pilot runs across both intra-city and inter-city routes, JEM said. The vehicles exhibited a consistent range of more than 190 km, reaching up to 220 km in a single charge across varying operating conditions ranging from heavy urban roads to intercity corridors such as Delhi to Chandigarh, the company said. JEM Tez offers CCS2 charging compatibility besides and delivering 30 per cent more range on a single charge, all while supporting a 1050 kg payload. This creates a strong niche in the market.

Why it Matters:

This partnership marks a significant step in accelerating EV adoption for commercial logistics, aiding India’s shift to sustainable transport. JEM’s Tez offers high range, fast charging, and robust payload capacity making it ideal for demanding last-mile and intercity deliveries. It strengthens Jupiter Wagons’ position in the booming electric mobility sector.

Desh Duniya Bazaar

Around the World

Asian stock markets mostly moved higher on Wednesday, following strong gains in the U.S. after President Trump delayed trade tariffs on Europe and stability returned to the bond market. Tech stocks led the rally, especially after strong earnings from China’s Xiaomi and ahead of Nvidia’s results, which investors expect to show strong growth from AI demand. Japan’s Nikkei and South Korea’s KOSPI saw solid gains, boosted by chipmakers like Advantest, SK Hynix, and Samsung. Taiwan’s TSMC and Foxconn also inched higher. However, Chinese markets underperformed due to weak earnings from e-commerce giant PDD and continued concerns about low consumer spending and deflation. Xiaomi’s strong results were not enough to offset overall weakness in China. Meanwhile, Australia’s market rose slightly due to inflation concerns delaying rate cuts. Singapore and Japan’s broader TOPIX gained modestly. India’s Nifty 50 futures signaled a weak start, struggling to hold above the 25,000 mark. Investors remained focused on tech and upcoming earnings.

Option Traders Corner

Max Pain

Nifty 50 – 24800

Bank Nifty – 55300

Nifty 50 – 24864 (Pivot)

Support – 24,665, 24,505, 24,307

Resistance – 25,024, 25,223, 25,383

Bank Nifty – 55407 (Pivot)

Support – 54,983, 54,613, 54,189

Resistance – 55,776, 56,200, 56,570

 Have you checked our latest YouTube Video

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Weekly Report: 26th May 2025

Weekly Trend Report

Week Gone By

Indian equity benchmarks registered notable losses this week, pressured by rising market volatility. The indices closed in the red on three out of five trading days. This downturn was largely driven by intensifying global trade tensions, concerns over fiscal deficits, rising bond yields, and renewed fiscal worries in major global economies. Investor sentiment also weakened due to growing unease about the U.S. fiscal outlook, especially after Moody’s downgraded the U.S. credit rating outlook. Despite several encouraging domestic economic indicators, investors remained focused on global risks and reacted sharply to international headwinds. India’s infrastructure growth slowed in April, rural inflation eased, and private sector activity accelerated sharply, driven by strong manufacturing and services PMI data.

 

Week Ahead

The Indian stock market is expected to begin the week on a cautious note as investors await key developments and continue to grapple with uncertainties, especially around the India-U.S. trade agreement. Elevated valuations and recent profit-booking have led to volatility, with potential for short-term consolidation. Foreign Institutional Investors may also trim their exposure in this environment. Despite these concerns, strong domestic fundamentals—such as healthy macroeconomic indicators, healthy corporate earnings, and forecasts of an above-normal monsoon—are helping to support market sentiment. Additionally, expectations of a record-high dividend payout from the RBI for FY25, to be discussed at its May 23 meeting, are seen as a positive move toward fiscal consolidation and have already contributed to easing bond yields.

 

Technical Overview
  • Nifty closed at 24,853, registering a sharp recovery of +243 points (+0.99%). The bullish engulfing candle suggests strong demand at lower levels after recent weakness.
  • The index bounced from the 24,500–24,600 zone, which has now turned into a solid short-term support cluster. This zone also aligns with the rising 20-day EMA and horizontal demand line.
  • The Ichimoku cloud remains bullish, and price is again holding firmly above the cloud, indicating that the medium-term trend remains positive.
  • RSI rebounded to 59.33, reversing from the midline and negating short-term bearish divergence. This bounce reflects regained momentum.
  • The ADX remains firm at ~29.6, and the +DI continues to stay above -DI. The trend remains intact, although it’s entering a mature phase with moderate strength.
  • MACD histogram bars have turned green again, confirming that the bearish momentum has waned and buyers are stepping back in.
  • Volume was moderately higher on today’s upmove, which strengthens the reliability of the bounce and suggests fresh long interest.
  • Price remains well above the rising 200-day EMA and short-term swing supports, indicating a healthy broader structure and no signs of breakdown.
  • A clear bullish structure of higher highs and higher lows remains valid, with the recent correction appearing to be a pullback rather than trend reversal.
  • No major distribution signs yet — the moving average slope, ADX strength, and clean trend continuation patterns remain bullish.
  • Nifty ended the week on a firm note with bulls defending the 24,500 level, marking it as a key support zone. For the week ahead, it’s crucial for the index to hold above 24,000 to maintain momentum. On the upside, resistance is seen around the 24,900–25,000 range, while support remains firm at 24,600–24,500.

 

To view the detailed report click here to   Download 

Newsletter: 27th May 2025

IndiGo Stake Rs 6,800 Cr Exit

Aaj Ka Bazaar

The US markets were closed on Monday in observance of Memorial Day. However, US equity futures rose over 1% following President Trump’s decision to delay imposing 50% tariffs on European Union imports until July 9. These moves temporarily eased fears of an escalating trade war, providing a positive signal for global markets. Meanwhile, investors were also looking ahead to earnings news from Nvidia (NVDA), with the AI daring scheduled to release its fiscal first-quarter results after the close of trading next Wednesday. On the US economic front, the Commerce Department released a report showing that new home sales in the US in April spiked compared to a significantly downwardly revised level in March. Asian markets fluctuated this morning, and the dollar edged down while gold changed a little. Oil was slightly lower ahead of an OPEC+ meeting that will decide on supply policy. Indian market is seen opening little changed on Tuesday, tracking muted cues from other Asian markets as fears persist over US tariffs and fiscal deficit. Benchmark indexes Sensex and Nifty climbed around 0.6% each on Monday, driven by gains in rate-sensitive auto and banking stocks as India overtook Japan to become the world’s fourth-largest economy. Reports indicate that RBI is seeking approval to allow domestic banks to lend the rupee to overseas borrowers, accelerating the internationalization of the Indian currency.

Markets Around Us

BSE Sensex 81,489.36 (-0.84%)

Nifty 5024,792.60 (-0.82%)

Bank Nifty55,167.75 (-0.73%)

Dow Jones41,970.11 (0.88%)

Nasdaq 18,737.21 (-1.00%)

FTSE 8,717.97 (-0.24%)

Nikkei 22537,449.60 (-0.22%)

Hang Seng 23,241.23 (-0.18%)

Sector: Airline

Gangwal Family to Sell IndiGo Shares

Rakesh Gangwal, co-founder of IndiGo, and his family are set to divest up to a 3.4% stake in InterGlobe Aviation, which operates India’s largest airline, through block deals on Tuesday, according to term sheets circulated by three bankers managing the transaction. The estimated deal size is pegged at Rs 6,831 crore ($803 million). The shares will be offloaded by Gangwal and The Chinkerpoo Family Trust at a floor price of Rs 5,175 per share  a 4.5% discount to IndiGo’s closing price of Rs 5,420 on the National Stock Exchange as of May 26. As of March 31, 2025, the Gangwal family held a 13.53% stake in IndiGo. The proposed sale marks yet another step in their gradual exit from the airline, which Gangwal co-founded with Rahul Bhatia in 2006. Just three years ago, the Gangwal family held close to 37% in the company. The latest block deal reflects continued promoter churn in India’s aviation sector, even as IndiGo maintains its dominant market share and expands its international footprint.

Why it Matters:

This news signals Rakesh Gangwal’s continued exit from IndiGo, marking a significant shift in promoter holding. The Rs 6,831 crore block deal reflects ongoing churn in India’s aviation sector. Despite the stake sale, IndiGo remains a market leader with growing global ambitions.

 NIFTY 50 GAINERS

BEL – 387.25 (0.70%)

INDUSINDBK– 801.40 (0.16%)

NIFTY 50 LOSERS

GRASIM – 2604.60 (-1.95%)

ULTRACEMCO – 11466.60 (-1.91%)

ETERNAL – 223.70 (-1.37)

Sector : Consumer Electronics

The promoter Gupta family of PG Electroplast Ltd. is set to sell shares worth Rs 1,177 crore via open market transactions on Tuesday. The promoter group will offer 1.59 crore shares representing a 5.6% stake, via block deal window, according to terms reviewed by NDTV Profit. The floor price for the PG Electroplast block deal is set at Rs 740 per share, a 4% discount to Monday’s closing. PG Electroplast led growth in the electronics manufacturing services industry after its consolidated net profit jumped twofold to Rs 146.38 crore in the fourth quarter. Strategic expansion in products and capacity helped PG Electroplast in the March quarter. The company’s growth prospectus remained positive due to ongoing client additions and new stock-keeping unit launches,

Why it Matters:

The Gupta family’s ₹1,177 crore stake sale in PG Electroplast signals partial profit booking in a multibagger stock. Despite the block deal, the company’s strong Q4 performance and expansion plans highlight robust growth potential. This move also reflects rising investor interest in India’s electronics manufacturing sector.

Desh Duniya Bazaar

Around the World

Asian stock markets stayed mostly flat or slightly down on Tuesday as investors remained cautious about potential new U.S. trade tariffs. Japan’s market slipped after the Bank of Japan hinted at more interest rate hikes due to rising inflation. U.S. markets were shut for Memorial Day, but futures went up after Trump delayed tariffs on the EU. However, uncertainty remains as tariffs on smartphones are still possible, which could impact Asian tech giants like Samsung, Xiaomi, and Apple suppliers. South Korea’s and China’s tech-heavy stocks were hit, while Hong Kong’s market edged up slightly. Japan’s economy also showed signs of weakness, adding to concerns. Meanwhile, in Australia, BHP shares rose on news of a potential mine sale. In India, Gift Nifty futures indicated a flat start after the index recently crossed the 25,000 mark. Investors are also watching for NVIDIA’s earnings this week, which could impact the global tech sector.

Option Traders Corner

Max Pain

Nifty 50 – 24800

Bank Nifty – 55200

Nifty 50 – 24993 (Pivot)

Support – 24,908, 24,814, 24,729

Resistance – 25,086, 25,172, 25,265

Bank Nifty – 55585 (Pivot)

Support – 55,294, 55,016, 54,726

Resistance – 55,862, 56,153, 56,430

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Newsletter: 26th May 2025

NTPC Powers Ahead Strongly

Aaj Ka Bazaar

US markets will remain closed Monday on the account of Memorial Day. Asian markets were mixed this morning, with Japan and South Korea leading regional gains. Indian market look set to open higher on Monday, tracking gains in US index futures and mostly positive cues from Asian markets after US President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president. Investors will also react to RBI’s record dividend transfer of Rs. 2.7 lakh crore to the government and its implications for fiscal policy. On the economic front, the release of industrial and manufacturing production data for April along with the Q4 GDP growth figures due this week may provide fresh insights into the economic recovery trajectory.

Markets Around Us

BSE Sensex 82,018.58 (0.36%)

Nifty 5024,938.60 (0.37%)

Bank Nifty54,417.55 (0.03%)

Dow Jones41,989.79 (0.92%)

Nasdaq 18,737.21 (-1.00%)

FTSE 8,717.97 (-0.24%)

Nikkei 22537,463.92 (0.82%)

Hang Seng 23,366.06 (-1.01%)

Sector: Power

NTPC Profit Surges on Capacity Expanison

NTPC Ltd. delivered a strong performance during the quarter, reflecting strategic efficiency amidst a dynamic energy landscape. The company continues to benefit from strong demand fundamentals, driven by rising economic activity and increased domestic consumption. Operationally, the consistent expansion in installed capacity and higher captive coal procurement highlights NTPC’s focus on securing fuel supply and enhancing self-reliance, which is crucial for maintaining cost efficiencies. Despite a marginal contraction in EBITDA margins, largely due to elevated expenditure, profitability remained strong, supported by better realizations and improved plant efficiencies. The rise in power generation and average tariff during FY25 further highlights NTPC’s scale advantage and pricing power. Overall, NTPC is well-positioned to benefit from the ongoing power demand surge, backed by strong fundamentals and continued capacity expansion. These factors support a stable growth outlook, making NTPC a solid player in India’s evolving energy sector

Why it Matters:

This news matters as it underscores NTPC’s strategic resilience and strong fundamentals amid rising power demand. Continued capacity expansion and improved plant efficiencies position the company for sustained growth. With stable profitability and enhanced fuel security, NTPC remains a key player in India’s energy transition.

 NIFTY 50 GAINERS

HEROMOTOCO – 4397.10 (2.05%)

M&M – 3071.10 (1.94%)

TATAMOTORS– 732.05 (1.92%)

NIFTY 50 LOSERS

ETERNAL – 229.75 (-3.28%)

BEL – 380.95 (-0.74%)

SHRIRAMFIN – 655.30 (-0.69)

Sector : Iron & Steel

JSW Steel ended FY25 on a strong note, delivering sequential improvement across volumes, profitability, and margins, supported by robust domestic demand and declining input costs. Despite a slight miss on PAT versus consensus, the operational outperformance and successful ramp-up of capacities rein- force confidence in JSW’s ability to capitalise on domestic infrastructure momentum. Going forward, driven by the contribution from its recently ramped-up capacities at JVML (5 MTPA) and BPSL (1 MTPA), improved raw material security through captive iron ore and coking coal mines, and a higher share of value-added products, the company is poised for a robust performance in FY26. The company’s ongoing cost optimisation measures, including lower coking coal prices, enhanced energy efficiency from renewable power integration, and operational leverage from higher utilisation, are expected to support margin expansion. Given India’s accelerating infrastructure growth in FY26, we have a sense that the company is well-positioned to leverage its strengths and is set to deliver sustainable margin expansion and operational efficiency, reinforcing its leadership in the domestic steel sector.

Why it Matters:

This news is important as it highlights JSW Steel’s strong finish to FY25, driven by volume growth, cost efficiencies, and capacity ramp-up. The company’s focus on raw material security and value-added products strengthens its competitive edge. With India’s infrastructure boom, JSW is well-placed for sustained growth and margin expansion in FY26.

Desh Duniya Bazaar

Around the World

Asian markets were mixed on Monday as traders reacted to U.S. President Trump’s weekend flip-flop on European trade tariffs. While Wall Street weakness weighed on sentiment, U.S. futures bounced back after Trump postponed the tariffs to July. Japanese markets outperformed, with the Nikkei 225 and TOPIX gaining for the third day, helped by optimism around upcoming trade talks and Trump’s support for Nippon Steel’s U.S. deal. In contrast, Apple suppliers across Asia dropped after Trump threatened a 25% tariff on imported iPhones, hitting stocks like AAC Technologies, Luxshare, and Samsung. Tech-heavy markets like Taiwan and South Korea saw mild declines. Hong Kong’s Hang Seng dipped, dragged by profit-taking in BYD. Mainland China was mixed, as traders watched for signals on further U.S.-China trade talks. Australia and Singapore also edged lower. Meanwhile, Gift Nifty Futures rose 0.4%, hinting at a positive start for Indian markets. Overall, trade tensions and tech tariffs kept investors cautious.

Option Traders Corner

Max Pain

Nifty 50 – 24850

Bank Nifty – 55200

Nifty 50 – 24792 (Pivot)

Support – 24,675, 24,497, 24,380

Resistance – 24,970, 25,087, 25,265

Bank Nifty – 55231 (Pivot)

Support – 55,021, 54,644, 54,436

Resistance – 55,608, 55,818, 56,195

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Newsletter: 23rd May 2025

Sun Pharma Eyes Strong Growth

Aaj Ka Bazaar

U.S. stocks closed sharply lower on Wednesday as Treasury yields surged, raising concerns that U.S. government debt could increase by trillions of dollars if Congress approves President Donald Trump’s proposed tax-cut bill. The Dow Jones Industrial Average fell by 816.80 points, or 1.91%, closing at 41,860.44, while the S&P 500 dropped by 95.85 points, or 1.61%, to finish at 5,844.61. Asian shares also declined, and Treasuries continued to slide when trading opened on Thursday, following the losses on Wall Street linked to worries about the U.S. increasing deficit.  Japan’s Nikkei index fell to a two-week low, impacted by rising U.S. Treasury yields and a stronger yen. The Nikkei dropped 0.8% to 37,007.79, after hitting a low of 36,873.61, the lowest level since May 8. Considering the global cues, the domestic market, the Sensex and Nifty 50 indices are expected to open lower on Thursday due to a sell-off in global markets. Investor sentiment has been shaky since Moody’s downgraded the United States’ credit rating last Friday, amid concerns regarding the country’s growing debt. On a stock-specific level, shares of IndusInd Bank are anticipated to be in focus following its report for Q4FY25, which revealed a net loss of Rs. 2,236 crore, compared to a profit of Rs. 2,346 crore during the same period last year. This marks the lender’s largest quarterly loss ever, and the company noted suspicions that some employees may have engaged in fraudulent activities, which led to accounting discrepancies previously disclosed by the bank.

Markets Around Us

BSE Sensex 81,099.56 (0.18%)

Nifty 5024,617.70 (0.03%)

Bank Nifty54,872.30 (-0.63%)

Dow Jones41,894.79 (0.12%)

Nasdaq 18,925.73 (0.28%)

FTSE 8,793.26 (-0.54%)

Nikkei 22537,231.04 (0.69%)

Hang Seng 23,677.44 (0.57%)

Sector: Pharmaceuticals

Sun Pharma Q4 Misses PAT Estimate

The pharma giant reported a steady financial performance in Q4FY25, supported by growth across both domestic and international markets. Meanwhile, net profit was impacted by exceptional items and higher tax provisions. The company has consistently gained market share, showing steady growth within this segment. The company’s strategic approach to increasing market share across various divisions is mainly driven by volume and new product launches. The company’s R&D efforts span specialty and generic businesses, and it continues to invest in building the pipeline for various markets. The company will improve its financial performance as we advance, aided by market share gains in India and strong momentum in the Global Specialty segment. The near-term specialty pipeline remains promising, with upcoming launches such as Leqselvi and Unloxcyt via the recently announced Checkpoint acquisition, which is expected to enhance patient outcomes and drive growth. Management remains focused on scaling the Specialty portfolio, which is set to become an increasingly significant contributor to overall revenues.

Why it Matters:

Sun Pharma’s Q4FY25 performance reflects its resilient growth strategy, driven by strong contributions from both domestic and international markets. While net profit came in below expectations due to exceptional items and higher tax provisions, the company’s consistent market share gains and focus on volume growth and new product launches underline its operational strength. Strategic investments in R&D and a promising specialty pipeline, including upcoming launches like Leqselvi and Unloxcyt, position Sun Pharma to enhance patient outcomes and drive long-term revenue growth. The management’s emphasis on scaling the Specialty segment further reinforces the company’s trajectory toward sustained financial and market leadership.

 NIFTY 50 GAINERS

TRENT – 5342.00 (2.62%)

GRASIM – 2741.40 (2.50%)

ETERNAL– 233.09 (1.78%)

NIFTY 50 LOSERS

SUNPHARMA – 1656.70 (-3.61%)

HINDALCO – 647.70 (-0.28%)

ICICIBANK – 1438.10 (-0.28)

Sector : FMCG

ITC Ltd. posted a resilient performance in Q4FY25, amidst a subdued demand environment and sharp escalation in input costs. The company improved its market position through strategic product differentiation and premiumisation. This performance is expected to continue in the coming years, supported by strong traction in the cigarette business and expected demand recovery. Further, the recent acquisitions in the food and paper businesses are expected to accelerate the growth. Additionally, the completion of a state-of-the-art facility to manufacture and export Nicotine and Nicotine derivative products is expected to increase Nicotine exports. Looking ahead, the company’s strategic price hikes, cost management, and operational efficiencies, such as supply chain optimisation, smart procurement, and productivity gains through automation and digital technologies, further strengthen its competitive edge. With a growing distribution network and robust execution capabilities, ITC is well-positioned to maintain its leadership in core categories while scaling its FMCG and agri-value chains. As India’s consumption story continues to evolve, ITC’s diversified portfolio, innovation-driven approach, and commitment to creating long-term stakeholder value will support consistent growth and strong shareholder returns in the years ahead.

Why it Matters:

This matters because ITC’s resilient performance amid cost pressures and weak demand highlights its strategic agility and operational strength. Its focus on premiumisation, innovation, and supply chain optimisation positions it for sustained growth. With expanding exports and strong execution, ITC is set to capitalize on India’s evolving consumption landscape.

Desh Duniya Bazaar

Around the World

Most Asian stocks rose on Friday, helped by a drop in U.S. Treasury yields, though concerns over U.S. government debt kept markets cautious. Japanese shares, including the Nikkei 225 and TOPIX, gained 0.8% even after stronger-than-expected inflation data. Rising local wages boosted consumer spending, helping Japan’s economy and lifting the yen and bond yields. Gains in tech and chip stocks also supported the rally.

Chinese markets performed well this week, helped by easing U.S. trade tensions and hopes of more economic support from Beijing. The CSI 300 and Shanghai Composite both rose, while the Hang Seng gained 1.1% for the week despite weak earnings from Chinese tech firms. Other Asian markets were mixed. Japan’s weekly performance was down 1.4%, pressured by a strong yen. India’s Nifty 50 fell 1.6% after recent highs. Australia’s ASX 200 and South Korea’s KOSPI had small gains Friday but lost ground for the week. Singapore’s index slipped 0.2%.

Option Traders Corner

Max Pain

Nifty 50 – 24650

Bank Nifty – 55000

Nifty 50 – 24603 (Pivot)

Support – 24,468, 24,328, 24,193

Resistance – 24,744, 24,878, 25,091

Bank Nifty – 54838 (Pivot)

Support – 54,679, 54,418, 54,260

Resistance – 55,099, 55,257, 55,518

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Newsletter: 22nd May 2025

NBCC’s ₹160 Cr Win

Aaj Ka Bazaar

U.S. stocks closed sharply lower on Wednesday as Treasury yields surged, raising concerns that U.S. government debt could increase by trillions of dollars if Congress approves President Donald Trump’s proposed tax-cut bill. The Dow Jones Industrial Average fell by 816.80 points, or 1.91%, closing at 41,860.44, while the S&P 500 dropped by 95.85 points, or 1.61%, to finish at 5,844.61. Asian shares also declined, and Treasuries continued to slide when trading opened on Thursday, following the losses on Wall Street linked to worries about the U.S. increasing deficit.  Japan’s Nikkei index fell to a two-week low, impacted by rising U.S. Treasury yields and a stronger yen. The Nikkei dropped 0.8% to 37,007.79, after hitting a low of 36,873.61, the lowest level since May 8. Considering the global cues, the domestic market, the Sensex and Nifty 50 indices are expected to open lower on Thursday due to a sell-off in global markets. Investor sentiment has been shaky since Moody’s downgraded the United States’ credit rating last Friday, amid concerns regarding the country’s growing debt. On a stock-specific level, shares of IndusInd Bank are anticipated to be in focus following its report for Q4FY25, which revealed a net loss of Rs. 2,236 crore, compared to a profit of Rs. 2,346 crore during the same period last year. This marks the lender’s largest quarterly loss ever, and the company noted suspicions that some employees may have engaged in fraudulent activities, which led to accounting discrepancies previously disclosed by the bank.

Markets Around Us

BSE Sensex 80,989.57 (-0.74%)

Nifty 5024,619.50 (-0.76%)

Bank Nifty54,789.30 (-0.55%)

Dow Jones41,897.68 (0.08%)

Nasdaq 18,872.64 (-1.41%)

FTSE 8,786.46 (0.06%)

Nikkei 22536,943.35 (-0.95%)

Hang Seng 23,718.17 (-0.45%)

Sector: Construction

NBCC Wins ₹162 Cr Delhi Project

State-owned construction major NBCC (India) Ltd on Wednesday (May 21) said it has received a work order worth approximately ₹161.55 crore (excluding GST) for interior work at Tower H of the World Trade Centre in Nauroji Nagar, New Delhi. The contract has been awarded by Power Finance Corporation Limited and falls under the routine course of business for NBCC. Last week, NBCC India concluded the e-auction of its flagship residential project, Aspire Silicon City  Phase 4, awarding development and selling rights to AU Real Estate for ₹1,467.93 crore. The auction marks one of the largest residential property deals in the region this year. Located in one of Noida’s developed sectors, the project spans 8.5 acres and comprises seven residential towers. Of these, five towers housing 446 apartments  have been handed over to AU Real Estate as part of the transaction.

Why it Matters:

This news highlights NBCC’s strong project execution capabilities and growing presence in high-value government contracts. The ₹162-crore deal from Power Finance Corporation boosts its order book and reinforces its role in Delhi’s infrastructure growth. Additionally, the massive Aspire Silicon City deal signals robust demand in the real estate sector and NBCC’s success in asset monetization.

 NIFTY 50 GAINERS

ADANIPORTS – 1406.60 (1.59%)

JIOFIN – 276.60 (0.82%)

INDUSINDBK– 775.25 (0.69%)

NIFTY 50 LOSERS

TECHM – 1564.10 (-2.13%)

HCLTECH – 1618.90 (-2.00%)

POWERGRID – 290.75 (-1.82)

Sector : Metal & Mining

Vedanta Group firm, Hindustan Zinc Limited (HZL), on Wednesday (May 21) said it has received a letter of intent (LoI) from the government of Andhra Pradesh for the grant of a composite licence for the Balepalyam tungsten and associated mineral block in Ananthapuram district. The licence, issued under Rule 18(1) of the Mineral Auction Rules, 2015, follows Hindustan Zinc’s selection as the preferred bidder in the e-auction conducted by the Ministry of Mines, Government of India. The Balepalyam block spans 308.30 hectares and is expected to enhance Hindustan Zinc’s access to strategic minerals, notably tungsten, classified as a critical mineral.

Why it Matters:

This win strengthens Hindustan Zinc’s foothold in critical minerals, particularly tungsten, which is vital for defense and high-tech industries. Securing the 308.3-hectare Balepalyam block positions the company strategically amid rising demand for rare minerals. It also reflects Vedanta Group’s focus on expanding its mining portfolio through government-backed auctions.

Desh Duniya Bazaar

Around the World

Most Asian stock markets dropped on Thursday, mirroring overnight losses in the U.S. due to worries about the American economy, rising debt, and U.S.-China trade tensions. Tech stocks were hit the hardest, following a surge in U.S. bond yields and criticism from China over U.S. chip export restrictions. Key Asian indices like South Korea’s KOSPI and Hong Kong’s Hang Seng saw notable declines, with big names like Baidu and CATL sliding due to profit booking and weak global cues. Japanese markets also fell after weak PMI data signaled slower business activity and continued pressure from U.S. tariffs. While most markets slipped, China’s indexes edged up slightly on hopes of more government stimulus. Meanwhile, Singapore and Australia also posted losses following mixed economic data. India’s markets are expected to open flat, with investors awaiting the country’s PMI numbers for further cues. Overall, caution remains high across Asia amid global uncertainty.

Option Traders Corner

Max Pain

Nifty 50 – 24700

Bank Nifty – 55000

Nifty 50 – 24815 (Pivot)

Support – 24,683, 24,554, 24,422

Resistance – 24,944, 25,075, 25,205

Bank Nifty – 55034 (Pivot)

Support – 54,731, 54,388, 54,085

Resistance – 55,377, 55,680, 56,023

 Have you checked our latest YouTube Video

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Newsletter: 21st May 2025

Aluminium Margin Powers Hindalco Industries

Aaj Ka Bazaar

In the previous session on May 20, Indian equity benchmarks extended their decline for the third straight day, dragged down by weak global cues and persistent selling by foreign institutional investors (FIIs). Globally, Wall Street paused its recent rally, with the S&P 500 snapping a six-session winning streak and all three major U.S. indices ending in the red. The Dow Jones slipped 0.27%, while the Nasdaq Composite and S&P 500 fell 0.4%, pressured by rising U.S. Treasury yields amid renewed concerns over the country’s sovereign debt profile. In Asia, however, sentiment remained upbeat as indices in Australia, South Korea, and Hong Kong advanced, supported by China’s central bank cutting key lending rates for the first time in seven months to stimulate growth. The KOSPI rallied nearly 1%, and the Hang Seng gained around 0.5%, further bolstered by Chinese state banks lowering deposit rates to ease margin pressures. Despite this, Indian markets are expected to open on a muted note today, as suggested by GIFT Nifty, with global trade uncertainties, continued FII offloading, and some lacklustre earnings season likely to dampen investor sentiment. On the stock-specific front, shares of IRCON are expected to be in focus after the company secured a Rs 253.56 crore work order from South Western Railway for the installation and commissioning of KAVACH safety systems across 778 route kilometres in the Bengaluru and Mysuru divisions.

Markets Around Us

BSE Sensex 81,392.77 (0.25%)

Nifty 5024,770.80 (0.36%)

Bank Nifty55,021.70 (0.26%)

Dow Jones42,586.03 (-0.21%)

Nasdaq 19,142.10 (-0.52%)

FTSE 8,781.12 (0.93%)

Nikkei 22537,434.96 (-0.25%)

Hang Seng 23,797.37 (0.49%)

Sector: Metal & Mining

Hindalco Industries Q4 Result

Hindalco Industries has delivered a stellar performance, reporting record-high performance across parameters, supported by margin expansion and disciplined cost control. The company’s strong operational execution, particularly in its Indian Aluminium Upstream business, coupled with lower input costs and favourable macro tailwinds, underscores its robust fundamentals. The Aluminium Upstream segment remains the key growth driver, delivering an EBITDA margin of 47% in Q4 – a clear reflection of strong cost control and operational efficiency. Going forward, despite a moderating global growth backdrop and potential external risks, Hindalco’s strategic positioning appears robust. Its robust exposure to high-growth and structurally positive sectors such as beverage can packaging, automobile and consumer durables, coupled with capacity expansions, cost optimisation measures and product mix optimisation, should support volume and margin growth.

Why it Matters:

Hindalco’s record-breaking Q4 performance highlights its strong operational efficiency, especially in the Aluminium Upstream segment with a standout 47% EBITDA margin. Lower input costs and strategic cost control have strengthened its financial resilience. With exposure to high-growth sectors and ongoing capacity expansions, Hindalco is well-positioned for sustained volume and margin growth despite global uncertainties.

 NIFTY 50 GAINERS

BEL – 376.65 (3.53%)

SUNPHARMA – 1750.00 (2.47%)

DRREDDY– 1246.80 (1.85%)

NIFTY 50 LOSERS

SHRIRAMFIN – 644.60 (-2.09%)

INDUSINDBK – 775.45 (-0.87%)

HINDALCO – 657.10 (-0.85)

Sector : IT Software

Unicommerce eSolutions Ltd on Tuesday, May 20, said it is partnering with digital healthcare company Tata 1mg to offer order processing and logistics services. Through the platform’s technology, Tata 1mg will automate its brand’s order processing, which will help in tracking stock levels accurately, while utilising demand forecasting to minimise overstocking. Such practices will lead to the assurance of timely product availability across facilities, along with an error-free fulfilment of products across Tata 1mg’s over 1,000 cities in India. The digital healthcare company has made use of Unicommerce’s multi-channel order management and warehouse management systems to streamline the company’s backend operations for the orders received on its website and across various marketplaces, it said. Unicommerce’s batching facility will enable quick identification of faulty and expired products, triggering actions like initiating recall or prioritising sales by generating alerts for a batch nearing its expiry date, the company said.

Why it Matters:

This partnership enhances Tata 1mg’s backend efficiency, ensuring faster, error-free order fulfilment across 1,000+ cities in India. By leveraging Unicommerce’s tech for inventory tracking and demand forecasting, Tata 1mg can reduce overstocking and ensure better product availability. It also strengthens safety compliance through automated batch alerts for expired or faulty products.

Desh Duniya Bazaar

Around the World

Asian currencies rose on Wednesday as the U.S. dollar weakened due to uncertainty around President Trump’s proposed tax cut bill and investor caution during the G7 finance ministers’ meeting. Traders are watching closely, as any policy shift could impact forex markets. The U.S. Dollar Index dropped, reflecting concerns over growing fiscal deficits and a recent U.S. credit rating downgrade by Moody’s. Meanwhile, Asian markets reacted to Japan’s weak trade data, which showed a slowdown in exports due to U.S. tariffs. Despite this, currencies like the South Korean won, Japanese yen, and Australian dollar gained. The Chinese yuan stayed steady even as tensions flared over U.S. restrictions on Huawei chips. The Indian rupee remained flat. Overall, a softer dollar and trade-related worries are driving short-term strength in Asian currencies, while global uncertainties around inflation, interest rates, and U.S.-China relations continue to shape market sentiment.

Option Traders Corner

Max Pain

Nifty 50 – 24800

Bank Nifty – 55000

Nifty 50 – 24787 (Pivot)

Support – 24,565, 24,447, 24,224

Resistance – 24,906, 25,128, 25,246

Bank Nifty – 55091 (Pivot)

Support – 54,615, 54,352, 53,876

Resistance – 55,353, 55,830, 56,092

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Weekly Report: 19th May 2025

Weekly Trend Report

Week Gone By

Domestic equity benchmarks ended the week with strong gains, supported by easing geopolitical tensions following a ceasefire between India and Pakistan, a decline in both retail and wholesale inflation, and the timely onset of the monsoon. According to the RBI, India’s foreign exchange reserves fell by $2.065 billion to $686.064 billion for the week ended May 2. India’s retail inflation in April eased to 3.16%, down from 3.34% in March, while wholesale inflation (WPI) further declined to 0.85% year-on-year. In April 2025, total exports, including merchandise and services, rose to USD 73.80 billion, while imports increased to USD 82.45 billion. Globally, the US headline CPI rose 2.3% YoY in April, and core CPI, which excludes food and energy, registered a 0.2% increase.

 

Week Ahead

The Indian stock market looks set to extend its upward momentum in the coming week, supported by a mix of favorable domestic and global developments. Investor sentiment remains positive, buoyed by ongoing trade negotiations between India and the United States, which continue to enhance market confidence. On the domestic front, key economic indicators such as the HSBC Flash Composite PMI, Manufacturing PMI, and Services PMI for May are scheduled for release on Thursday, 22 May 2025. Additionally, data on bank loan and deposit growth for the fortnight ending 9 May 2025 will be released on Friday, 23 May 2025. Globally, China will publish its industrial production and retail sales data for April on Monday, 19 May 2025. Japan’s trade balance data for April is due on Wednesday, 21 May 2025, followed by inflation data on Friday, 23 May 2025. In the United States, existing home sales data for April is slated for release on Thursday, 22 May 2025.

 

Technical Overview
  • Strong Upside Continuation – NIFTY extended its rally to close at 25,019.80, marking a sharp move from the April lows and testing a key psychological level of 25,000.
  • Crucial Resistance at 25,116 – The index approached a prior swing resistance near 25,116, which now acts as an immediate hurdle. A sustained move above this could open gates for further upside.
  • Need for Sustained Hold Above 25,000 – It is essential for NIFTY to hold above 25,000 in the coming sessions to maintain bullish momentum. A failure to do so may lead to range-bound consolidation.
  • Short-Term Support at 24,770–24,330 Zone – On the downside, immediate support lies at 24,770, followed by the rising zone of 24,329–24,202. These levels are crucial for trend protection.
  • Volume Surge Confirms Strength – The recent rally was accompanied by a volume spike of 432.7M, indicating strong market participation and conviction behind the move.
  • Momentum Remains Firm – The RSI at 65.29 is trending higher without being overbought, reflecting strong positive momentum.
  • Positive Directional Bias – The ADX shows a rising +DI and increasing trend strength, confirming the continuation of bullish sentiment.
  • MACD in Bullish Territory – The MACD histogram remains positive with expanding green bars, affirming a bullish bias in the short term.
  • Parabolic SAR Supports Uptrend – The Parabolic SAR dots below price suggest that the uptrend remains intact as long as price doesn’t breach key support levels.
  • Conclusion
    While the overall structure remains positive, NIFTY must sustain above the 25,000 mark for the rally to continue. Failure to hold this level could result in sideways consolidation between 24,770–25,116, with a possible revisit of support near 24,330. Traders should monitor price action closely around the 25,000 zone for directional clarity.
  •  

To view the detailed report click here to   Download 

Newsletter: 20th May 2025

BEL Delivers Strong Q4

Aaj Ka Bazaar

Wall Street concluded the day slightly higher on Monday, despite Moody’s downgrading the U.S. sovereign credit outlook. The downgrade was prompted by concerns over the government’s $36 trillion in outstanding debt and escalating interest costs. Early Tuesday morning, U.S. stock futures showed limited movement, with S&P 500 futures inching up by less than 0.1% and Nasdaq 100 futures dipping by 0.1%. In Asia, equities advanced for the first time in four sessions, buoyed by Wall Street’s gains that brought the S&P 500 closer to entering a bull market. A regional index climbed by 0.4%, supported by strong performances in Australia, Japan, and South Korea, reflecting a more optimistic global sentiment. Given these positive indicators, Indian benchmark indices, the Nifty 50 and Sensex, are anticipated to open higher, with Gift Nifty suggesting a premium of nearly 80 points. On a stock-specific note, Bharat Electronics Ltd (BEL) is expected to be in the spotlight after the company reported an 18% YoY growth in its Q4FY25 earnings and announced a final dividend for the financial year.

Markets Around Us

BSE Sensex 82,049.44 (-0.14%)

Nifty 5024,952.80 (0.03%)

Bank Nifty55,241.80 (-0.32%)

Dow Jones42,324.86 (-0.77%)

Nasdaq 19,211.10 (0.52%)

FTSE 8,684.56 (0.59%)

Nikkei 22537,641.22 (-0.77%)

Hang Seng 23,230.95 (-0.49%)

Sector: Defense

BEL Q4 Profit Up, Dividend Declared

Bharat Electronics (BEL) reported strong Q4 results with net profit rising 18.4% to ₹2,127 crore, compared to ₹1,797 crore last year. The company’s revenue grew 6.8% to ₹9,149.6 crore, supported by higher sales. Total income stood at ₹9,344.2 crore, and expenses slightly increased to ₹6,477 crore. BEL’s EBITDA saw a sharp 23.2% jump to ₹2,816 crore, with margins improving to 30.8% from 26.7% YoY, showing better operational efficiency. The company’s board has also recommended a final dividend of ₹0.90 per share for FY25, subject to shareholder approval. Despite the strong financials, BEL’s stock closed slightly lower at ₹363 on the NSE. As a Navratna defence PSU, BEL continues to deliver steady growth, making it a stock to watch for both seasoned investors and young traders looking for reliable long-term bets in the defence and electronics sector.

Why it Matters:

BEL’s strong Q4 performance highlights robust demand in India’s defence sector and its improving operational efficiency. The jump in profit and margins signals healthy fundamentals and future growth potential. For investors, the dividend and consistent earnings make it a stable and attractive stock in a volatile market.

 NIFTY 50 GAINERS

TATASTEEL – 161.10 (2.24%)

COALINDIA – 409.35 (1.65%)

HINDALCO– 666.70 (1.27%)

NIFTY 50 LOSERS

HEROMOTOCO – 4350.30 (-1.08%)

EICHERMOT – 5471.50 (-1.06%)

SHRIRAMFIN – 672.00 (-0.86)

Sector : Capital Goods

Waaree Energies announced that it received board approval to acquire Kamath Transformers Private Ltd for Rs 293 crore. Kamath Transformers is engaged in the manufacturing of transformers. “This acquisition is done as part of its business expansion activity,” Waaree Energies said in an exchange filing. The board also approved the acquisition of Green New Delhi Forever Energy Private Limited by Waaree Forever Energies Private Limited, a wholly owned subsidiary of Waaree Energies. The deal will be executed at Rs 1 lakh per share with a face value of Rs 10 each, the filing added. Both acquisitions are expected to be completed in FY26 and will be fully funded through cash consideration.

Why it Matters:

These acquisitions mark Waaree Energies’ strategic entry into transformer manufacturing and green energy, expanding its clean energy portfolio. Fully funded by internal cash, the move reflects strong financial health and aggressive growth plans. It positions Waaree to become a more integrated player in India’s energy transition.

Desh Duniya Bazaar

Around the World

Asian currencies and the US dollar remained mostly stable on Tuesday, with traders awaiting key updates. The Australian dollar fell slightly ahead of the Reserve Bank of Australia’s interest rate decision, where a 0.25% cut is expected due to cooling inflation and global trade tensions. Meanwhile, China’s central bank reduced its key lending rates to support growth, but the yuan remained flat as trade talks with the US remained uncertain. A crucial US vote on major tax cuts also kept markets cautious, especially after Moody’s downgraded the US credit rating due to its $36 trillion debt. The US dollar index stayed steady after recent minor declines. Most other Asian currencies, including the yen, rupee, and Singapore dollar, were little changed. However, the South Korean won saw a 0.5% gain. Overall, the forex market stayed quiet as traders waited for updates on interest rates, inflation, and global trade moves.

Option Traders Corner

Max Pain

Nifty 50 – 24900

Bank Nifty – 55000

Nifty 50 – 24975 (Pivot)

Support – 24,887, 24,828, 24,740

Resistance – 25,033, 25,121, 25,179

Bank Nifty – 55470 (Pivot)

Support – 55,246, 55,071, 54,847

Resistance – 55,645, 55,869, 56,044

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Newsletter: 19th May 2025

Q4 Profit Boosts Delhivery’s

Aaj Ka Bazaar

Indian equities are poised for a subdued start to the week, despite a strong showing last week where the Nifty 50 surged over 4%, driven by easing geopolitical tensions, robust FII inflows, and positive global sentiment. Wall Street ended higher on Friday, marking its fifth consecutive day of gains, buoyed by optimism surrounding the U.S.-China tariff truce. However, sentiment was partially dampened by weaker-than-expected consumer sentiment data, pointing towards a possible slowdown in the U.S. economy. In early Monday trading, U.S. stock futures declined by 0.2% following a credit rating downgrade from Aaa to Aa1, which has weighed on investor sentiment. A key dollar index slipped 0.3%, and U.S. Treasuries remained largely flat. Asian markets opened weaker, with Japan, Australia, and South Korea trading in the red, indicating cautious risk appetite in the region. In corporate developments, Vodafone Idea is in focus after the Indian government rejected its plea to waive over $5 billion in interest and penalties related to statutory dues. The financially strained telecom operator has approached the Supreme Court, citing public interest, and warned that without government support, it may not be able to continue operations beyond FY26.

Markets Around Us

BSE Sensex 82,219.44 (-0.14%)

Nifty 5025,014.65 (-0.02%)

Bank Nifty55,388.65 (0.06%)

Dow Jones42,324.86 (-0.77%)

Nasdaq 19,211.10 (0.52%)

FTSE 8,684.56 (0.59%)

Nikkei 22537,641.22 (-0.77%)

Hang Seng 23,230.95 (-0.49%)

Sector: Logistics Solution

Delhivery Q4 Profit Surges 190%

Delhivery posted strong Q4 FY25 results, reporting a net profit of ₹72.6 crore a sharp turnaround from a ₹68.5 crore loss in the same quarter last year and a 190% jump from ₹25 crore in Q3. Revenue stood at ₹2,192 crore, up 6% year-on-year but down 7.8% sequentially. EBITDA more than doubled to ₹119 crore, with margins improving to 5.4%. For the full year FY25, the company reported its first-ever annual net profit of ₹162 crore, compared to a loss of ₹249 crore in FY24. Full-year EBITDA nearly tripled to ₹376 crore, with a margin of 4.2%. The company continues to focus on improving profitability, especially in its core logistics business. It also mentioned that its acquisition of Ecom Express, worth up to ₹1,407 crore, is pending regulatory approval and will make Ecom a subsidiary once completed. The management expects further growth momentum in FY26.

Why it Matters:

This news matters because Delhivery has turned profitable for the first time, signaling a major shift in its financial strength and long-term sustainability. Strong EBITDA growth and margin improvements reflect better operational efficiency. The upcoming Ecom Express acquisition could further strengthen its market position in the logistics space.

 NIFTY 50 GAINERS

BAJAJ-AUTO – 8720.00 (2.80%)

EICHERMOT – 5615.00 (1.91%)

HEROMOTOCO– 4419.60 (1.71%)

NIFTY 50 LOSERS

INFY – 1569.90 (-1.26%)

ETERNAL – 243.11 (-1.08%)

TCS – 3535.80 (-0.72)

Sector : Civil Construction

KEC International Ltd., a leading global infrastructure EPC company and part of the RPG Group, on May 17, late Saturday, announced new transmission and distribution (T&D) project orders worth ₹1,133 crore in India. The order wins include a major contract from Power Grid Corporation of India Limited (PGCIL) for the construction of a ±800 kV HVDC transmission line and a 765 kV GIS substation. In addition, the company has secured an order from a leading private developer for a 400 kV Quad transmission line. Commenting on the development, Vimal Kejriwal, Managing Director and CEO of KEC International, said, “We are particularly proud to secure yet another HVDC (High Voltage Direct Current) order, building on the strong foundation laid by last year’s wins. We maintain a strong and optimistic outlook on the sector’s growth, driven by the country’s accelerating energy demands and the government’s firm commitment to expanding renewable energy and strengthening transmission infrastructure.” These new orders, the company stated, will contribute significantly to its targeted growth trajectory and support India’s push towards robust and future-ready energy infrastructure.

Why it Matters:

This matters because KEC International’s ₹1,133 crore order win boosts its order book and reinforces its leadership in India’s power transmission sector. Securing high-voltage projects like HVDC lines signals strong execution capability. It also aligns with India’s growing energy needs and infrastructure development goals.

Desh Duniya Bazaar

Around the World

Asian stock markets slipped on Monday as concerns over global economic growth weighed on investor sentiment. The drop followed a downgrade of the U.S. credit rating by Moody’s, which raised worries about rising debt levels. At the same time, mixed signals from China added to the cautious mood while industrial production was stronger than expected in April, weak retail sales and business investment showed the economy is still under pressure. U.S. stock futures also fell, reflecting a broader risk-off attitude. Markets in Japan, South Korea, Singapore, and China all edged lower. Australia’s market remained flat as investors await the Reserve Bank of Australia’s rate decision, with expectations of a small rate cut but a cautious tone ahead. Japan’s recent weak GDP and upcoming inflation data are also being closely watched. In India, Gift Nifty futures pointed to a soft start after strong gains last week. Overall, traders are staying cautious amid uncertain global signals.

Option Traders Corner

Max Pain

Nifty 50 – 24900

Bank Nifty – 55000

Nifty 50 – 25014 (Pivot)

Support – 24,958, 24,897, 24,841

Resistance – 25,075, 25,131, 25,192

Bank Nifty – 55314 (Pivot)

Support – 55,210, 55,066, 54,961

Resistance – 55,459, 55,563, 55,707

 Have you checked our latest YouTube Video

Did you know?

India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.