Page 640 - Markets News
PFC share rises 5% as Q3 profit zooms 23%; Analysts positive on Q4 growth
Motilal Oswal sees decent visibility for loan and earnings growth, as well as continued progress on stressed asset resolutions
 "PFC share rises 5% as Q3 profit zooms 23%; Analysts positive on Q4 growth")
Shree Cement hits 52-week high; soars 15% in 3 weeks on good Q3 results
The management expects cement demand to grow on the back of likely increase in rural consumption aided by improved farm cash flows and sustained healthy demand for urban housing.
 "Shree Cement hits 52-week high; soars 15% in 3 weeks on good Q3 results")
Suven Pharma shares zooms 12% on strong Q3 nos; PAT up 78%, rev 39%
Suven Pharma reported a 78 per cent rise in consolidated net profit during the third quarter to Rs 83.29 crore, as compared to Rs 46.75 crore in Q3FY24
 "Suven Pharma shares zooms 12% on strong Q3 nos; PAT up 78%, rev 39%")
Muthoot Finance shares rise 7% on strong Q3; PAT up 22%, revenue 36% YoY
On Wednesday, after market hours, Muthoot Finance reported a 22 per cent rise in net profit during the third quarter to Rs 1,392 crore, as compared to Rs 1,145 crore in Q3FY24
 "Muthoot Finance shares rise 7% on strong Q3; PAT up 22%, revenue 36% YoY")
HAL share price rises 4% on healthy Q3 results, profit jumps 14% YoY
The uptick in HAL share price came after the company posted a healthy set of Q3FY25 results
 "HAL share price rises 4% on healthy Q3 results, profit jumps 14% YoY")
Nifty Metal index up 2%; SAIL, Tata Steel, JSPL, JSW Steel gain up to 5%
In the past six months, the Nifty Metal index has underperformed the market by falling 6 per cent as against a 4 per cent decline in the benchmark index
 "Nifty Metal index up 2%; SAIL, Tata Steel, JSPL, JSW Steel gain up to 5%")
Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning
Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.
 "Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning")
Weak signals! Larsen & Toubro stock can crack another 16%; find out why
L&T share price outlook: L&T is trading below the 20-MMA, and now testing support at 100-WMA. Chart also shows formation of 'Death Cross'; trade below this key moving average can trigger a fresh fall.
 "Weak signals! Larsen & Toubro stock can crack another 16%; find out why")
Jubilant FoodWorks stock serves 7% gains to investors post healthy Q3
Jubilant FoodWorks share price surged as the company posted robust performance in Q3 given the current state of QSR chains
 "Jubilant FoodWorks stock serves 7% gains to investors post healthy Q3")
Mutual Fund SIP strategy: Continue to invest or hit the pause button?
For now, the market sell-off has not deterred investors who have kept the faith and continued with their SIP investments in equity mutual funds in January 2025
 "Mutual Fund SIP strategy: Continue to invest or hit the pause button?")
Analysts bullish on Lupin after Q3; share pops 6%; Goldman Sachs ups target
Domestic, as well as global brokerages are optimistic about Lupin's future, citing strong earnings visibility and a promising product pipeline
 "Analysts bullish on Lupin after Q3; share pops 6%; Goldman Sachs ups target")
P N Gadgil Jewellers hits 10% upper circuit on dazzling Q3 show; PAT up 49%
On Wednesday, after market hours, P N Gadgil reported a 49 per cent rise in consolidated profit to Rs 86.03 as compared to Rs 57.6 crore a year ago
 "P N Gadgil Jewellers hits 10% upper circuit on dazzling Q3 show; PAT up 49%")
Oberoi Realty share price dips 5%, hits seven month low; here's why
The Supreme Court has asked the Environment Ministry and Maharashtra government to clarify the status of Sahara's 106-acre plot in Versova, Mumbai, according to reports
 "Oberoi Realty share price dips 5%, hits seven month low; here's why")
Godrej Industries gains 10% on healthy Q3 show; PAT rises 77%, rev up 34%
On Wednesday, after market hours, Godrej Industries reported a 77 per cent rise in consolidated profit to Rs 188 as compared to Rs 106 crore a year ago
 "Godrej Industries gains 10% on healthy Q3 show; PAT rises 77%, rev up 34%")
Bharat Forge hits 52-week low on reporting weak Q3 nos; PAT down 16% YoY
Bharat Forge reported its Q3 numbers after market hours on Wednesday which showed a 16.38 per cent fall in consolidated profit to Rs 212.78 as compared to Rs 254.45 crore a year ago
 "Bharat Forge hits 52-week low on reporting weak Q3 nos; PAT down 16% YoY")
Tata Steel likely to tap corporate bond market after near 1-year hiatus
Tata Steel is likely to raise around Rs 3,000 crore ($345.6 million) through this bond issue
 "Tata Steel likely to tap corporate bond market after near 1-year hiatus")
Natco Pharma shares tank 19%, near 52-week low on weak Q3 results
During the quarter, contribution from the export formulation business was lower; however, the company expects healthy business growth in the ensuing quarters
 "Natco Pharma shares tank 19%, near 52-week low on weak Q3 results")
Weak Q1 show drags Siemens share price 4%; Should you buy, sell, hold?
The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)
 "Weak Q1 show drags Siemens share price 4%; Should you buy, sell, hold?")
Honasa Consumer, parent of Mamaearth jumps 8% on posting Q3; Buy or sell?
The company's consolidated profit rose slightly to Rs 26.04 as compared to Rs 25.9 crore a year ago
 "Honasa Consumer, parent of Mamaearth jumps 8% on posting Q3; Buy or sell?")
Modi US Visit: Will stock markets bounce back after Modi-Trump meeting?
Modi US Visit: Market experts believe the current stock market crash largely prices-in any negative news on Trump's tariffs on India
 "Modi US Visit: Will stock markets bounce back after Modi-Trump meeting?")