Page 516 - Markets News
High valuation may cap significant upside in ABB India's stock
Order inflow was stable at ₹3,750 crore with 4 per cent Y-o-Y growth in inflows, taking the order book to ₹9,960 crore (up 11 per cent Y-o-Y)
 "High valuation may cap significant upside in ABB India's stock")
Margin pressures, growth triggers to weigh on Dr Reddy's Laboratories
The stock has been an underperformer compared to peers not only in the short term (three months, and six months) but also in the longer term
 "Margin pressures, growth triggers to weigh on Dr Reddy's Laboratories")
Groww Invest pays over ₹34 Lakh to settle Sebi case linked to tech glitch
Groww Invest has paid ₹34.12 lakh to settle a Sebi case over a January 2024 tech glitch that left customers unable to trade, drawing a line under the matter without admitting any fault
 "Groww Invest pays over ₹34 Lakh to settle Sebi case linked to tech glitch")
Tragic Tuesday: Sensex tanks 1300 pts; Why did stock market crash today?
Last checked, Infosys, Bharti Airtel, Eternal, HCLTech, Power Grid and TCS were among the top losers on Sensex
 "Tragic Tuesday: Sensex tanks 1300 pts; Why did stock market crash today?")
Profit booking hits D-St; Sensex sheds 1281 pts; mid, smallcaps outperform
Despite the weakness in headline indices, broader market participation remained resilient, with midcap and smallcap stocks adding gains
 "Profit booking hits D-St; Sensex sheds 1281 pts; mid, smallcaps outperform")
Stock Market Close Highlights: Sensex crashes 1,282-pts, Nifty at 24,578; IT, Auto, FMCG top drag
Sensex Today | Stock Market Close Highlights: Among the sectoral indices, Nifty Auto, financial services, FMCG, and IT were the major laggards falling by over 1 per cent each
 "Stock Market Close Highlights: Sensex crashes 1,282-pts, Nifty at 24,578; IT, Auto, FMCG top drag")
Indian Rupee pares early gains; ends 4 paise higher at 85.34/$
The domestic currency ended 4 paise higher at 85.34 after ending at 85.38 against the greenback on Friday, according to Bloomberg data
 "Indian Rupee pares early gains; ends 4 paise higher at 85.34/$")
Jindal Stainless jumps 3% as MOFSL initiates coverage, 26% upside seen
Jindal Stainless is planning to expand its manufacturing capacity from 3 metric tons (mt) to 4.2 mt by FY27
 "Jindal Stainless jumps 3% as MOFSL initiates coverage, 26% upside seen")
Zaggle Prepaid shares spike 8% after Q4 results; results analysis here
Zaggle Prepaid's stock rose as much as 8.22 per cent during the day to ₹396.7 per share
 "Zaggle Prepaid shares spike 8% after Q4 results; results analysis here")
Jyothy Labs stock falls 4% on muted Q4FY25: Here's what analysts suggest
Jyothy Labs reported a revenue from operations of ₹667 crore, up merely 1.1 per cent from ₹660 crore in the year-ago period
 "Jyothy Labs stock falls 4% on muted Q4FY25: Here's what analysts suggest")
CARE Ratings stock soars 15%, nears 52-week high post Q4 results
In the past one month, CARE Ratings stock has zoomed nearly 30 per cent, as against 5.7 per cent rise in the BSE Sensex.
 "CARE Ratings stock soars 15%, nears 52-week high post Q4 results")
Smallcap stock surges 15%, hits record high today; what's behind the rally?
Suven Life Sciences hit a record high of ₹175, surging 15 per cent today, as the Board approved a fundraising plan of ₹857.64 crore
 "Smallcap stock surges 15%, hits record high today; what's behind the rally?")
YES Bank trades above 200-DMA for second straight day; eyes this target now
Technically, the stock seems on course to test ₹25.50 levels, above which a dash to ₹27.30 levels cannot be ruled out, shows the medium-term YES Bank chart.
 "YES Bank trades above 200-DMA for second straight day; eyes this target now")
PB Fintech's PAT may rise 155% YoY in Q4; here's what brokerages expect
PB Fintech Q4 results preview: Management commentary around growth, margins, and inclusion of PB connect in new initiative business and new health care venture will be keenly watched
 "PB Fintech's PAT may rise 155% YoY in Q4; here's what brokerages expect")
Dynamic Cables hits 20% upper circuit on strong Q4 results, dividend call
The company's board has also recommended final dividend of ₹0.50/- per equity share i.e. 5 per cent per equity share of ₹10 each for the financial year ended March 31, 2025
 "Dynamic Cables hits 20% upper circuit on strong Q4 results, dividend call")
India Inc. promoter holdings continue to fall, but experts see no red flags
Among the non-PSU Nifty 50 companies, promoter holdings currently stand at 34.4 per cent, the lowest since June 2017
 "India Inc. promoter holdings continue to fall, but experts see no red flags")
UPL shares dip 5% despite strong Q4 results: Here's what the brokerages say
UPL reported a revenue of ₹15,573 crore, up 10.61 per cent year-on-year (Y-o-Y) compared to ₹14,078 crore in the year-ago period
 "UPL shares dip 5% despite strong Q4 results: Here's what the brokerages say")
Where to invest as markets look past trade, India-Pak war, Q4 earnings?
Stock market outlook: Analysts suggest investors invest in domestic economy-facing sectors
 "Where to invest as markets look past trade, India-Pak war, Q4 earnings?")
Rs 972-cr order lifts Power Mech Projects share price 4%; key details here
The uptick in Power Mech Projects share price came after the company announced that it has secured an order of ₹971.98 crore, excluding GST, from Telangana Power Generation Corporation Limited.
 "Rs 972-cr order lifts Power Mech Projects share price 4%; key details here")
Defence shares resume up move; BDL, BEL, HAL rally up to 7% in weak market
At 11:37 am; Nifty India Defence index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 0.66 per cent decline in Nifty 50.
 "Defence shares resume up move; BDL, BEL, HAL rally up to 7% in weak market")