As FY 24-25 concludes
(From 1st April 2024 to 28th March 2025)
This is how the Asset Classes performed

GOLD +31.37%
Silver +35.56%
Crudeoil -13.69%
Nifty +5.29%
Sensex +4.96%
banknifty +9.16%
USD INR 2.57% (Rupee Depreciate)


Silver won Gold medal🏅

And

Gold won Silver medal 🥈😄

Mkt. Updates :

*GIFT Nifty +5 pts (23314) from last trade 23309 ,*

Nikkei -19 pts ,
Hangseng -40 pts ,

Dow -11.80 pts ,Nsdq +150.60 pts, S&P
+21.22 pts , Bovespa +887 pts , Ftse +51 pts , Dax +376 pts , Cac +85 pts , Crude @ $71.22 brl (+0.02), Brent @ $74.49 brl (+0.00) , Gold @ 3145.00 (-1.00), Silver $34.355 (+0.04), Euro @ $1.0796, JPY @ $149.76, INR @ 85.585


*US GOVT. 10-YR YIELD : 4.19%*


*Today's Corporate Action, 02 Apr Ex Date :*

ADCINDIA
Interim Dividend - Rs. - 25.0000
CTL
Bonus issue 1:1  
MSTCLTD
Interim Dividend - Rs. - 4.5000
RAILTEL
Interim Dividend - Rs. - 1.0000
RANJEET
Bonus issue 1:1

 
*Today's Key Results/Board Meetings 02-Apr-25 :*

AMBOAGRI
General  
BAROEXT
Increase in Authorised Capital;Preferential Issue of shares;General
COLAB
Stock  Split
DBOL
Employees Stock Option Plan
PFLINFOTC
General  
RACONTEUR
General  
SBGLP
General  
SOLARA
General  
SUCROSA
Right Issue of Equity Shares;General
SVJ
General  

 
*SEC. IN F&O BAN FOR 02-04-2025 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

🇮🇳 India Daybook ~ Stocks in News


*Ganesh Benzoplast:* Company has been awarded an order from JSW Jaigarh Port Ltd. The order is valued at Rs 169.24 crore (Positive)

*Lloyds Metals:* Company reported its highest-ever sponge iron production of 308kt, up 18% YoY. (Positive)

*Kernex:* Company secured a new railway project worth ₹85.14 crores for the provision of Kavach. (Positive)

*Surya Roshni:* Company announced its highest monthly sales volume of 1,00,239 M.T. in March 2025 for Steel Pipes & Strips. (Positive)

*Ritco Logistics:* Company secured contracts in transportation, warehousing, and multimodal sectors. Key wins include Rs 10 cr from Tata Steel, Rs 20 cr from IOCL and Rs 4 cr from Emami Ltd (Positive)

*Sansera Engineering:* MMRFIC, Associate Company of Sansera Engineering Limited Collaborates With IITM for the Development of Secure SOC IP. (Positive)

*Glenmark Pharma:* USA subsidiary launched Vancomycin Hydrochloride for Injection USP, 750 Mg/Vial, 1.25 G/Vial And 1.5 G/Vial (Single-Dose Vial). (Positive)

*Shree Cements:* Company has started commercial production at its 3.0 MTPA Clinker Grinding Unit in Uttar Pradesh on April 1, 2025. (Positive)

*Swelect Energy:* Company announced the addition of a 300 KW Solar PV Power Plant with a 200 kWh Battery Energy Storage System. (Positive)

*Maruti:* Total passenger vehicle production reached 191,180 units, up from 163,333 units in March 2024 (Positive)

*Zaggle:* Company has entered into an agreement with Truecaller International LLP. (Positive)

*Coal India:* Company to increase coal price to Rs 20/ tn by Rs 10/ tn effective April 16. (Positive)

*Warren Tea:* Board discussed potential merger, amalgamation, or restructuring on April 01, 2025. (Positive)

*Blue Dart:* Income tax department revised orders with reduce demand of Rs 2.9 cr versus Rs 17.01 crore (Positive)

*VIP Clothing:* Company announced an upgrade to its long-term debt rating by India Ratings and Research (Positive)

*Sterling and Wilson:* Company secures three new green energy projects totaling Rs 1,470 crore. (Positive)

*Quess Corp:* Company announced the record date for the demerger. Shareholders will receive shares of Resulting Company 1 and Resulting Company 2 (Positive)

*Hind Copper:* March 2025 saw record ore production of 3,00,363 tonnes (133% of monthly target). (Positive)

*SJVN:* Arm SJVN Green Energy completes trial run of 241.77 MW (Phase-I) capacity of 1,000 MW Bikaner Solar Power Project (Positive)

*Max Healthcare:* Expands with New ₹500 Cr Facility for Gurugram Super Speciality Hospital (Positive)

*JSW Energy:* Company has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025. (Positive)

*Raymond:* Company enters into a joint development agreement to develop a housing project in Mumbai (Positive)

*MOIL:* Company increased ferro grade manganese ore price by 3% for April: Agencies (Positive)

*Syngene:* Company appoints Peter Bains as Managing Director & Chief Executive Officer of the company w.e.f. April 1, 2025 (Positive)

*KEC International:* Company has received new orders of ₹1236 crore across various businesses. (Positive)

*Sandhar Tech:* Company acquires the Aluminium die casting business of Sundaram-Clayton for INR 163 Crores. (Positive)

*Power Grid:* Company emerges as successful bidder to establish inter-state transmission system in Madhya Pradesh. (Positive)

*Power stocks:* India's electricity consumption surges by nearly 7% to 148.48 billion units in March. (Positive)

*Hindalco:* Company has laid out a multi-pronged growth strategy with a sharp focus on sustainability, recycling, and capital investment. (Neutral)

*Jana Small Finance Bank:* Sudhir Madhavan has resigned as the Head of Microfinance & Gold Loan Business (RFS) at Jana SFB (Neutral)

*Biocon:* Company to consider fund raising via issuance of commercial papers on April 4, 2025, on private placement basis. (Neutral)

*Tata Steel:* Company acquires 1.24 lakh shares of Indian Foundation for Quality Management (IFQM) for ₹12.49 crore (Neutral)*Godavari Power:* Company temporarily suspends mining activities at company’s Boria Tibu iron ore mines w.e.f. April 1. (Neutral)

*Coal India:* Company misses FY25 production guidance as March output falls; Offtake flat. (Neutral)

*Tata Motors:* March total sales at 92,994 Units vs Estimates of 91,000 units (Neutral)

*Hyundai:* March Total Sales 67320 Units Vs Estimates of 63400 Units. (Neutral)

*MSTC:* Ex-Date today, Interim Dividend - Rs 4.5 per Share. (Neutral)

*Railtel:* Ex-Date today, Interim Dividend - Rs 1.0 per Share. (Neutral)

*Colab:* Board meeting today to consider stock split. (Neutral)

*Supercorp:* Board meeting today to consider right issue of shares. (Neutral)

*Siemens:* Siemens Energy India appoints Sunil Mathur as Chairman. (Neutral)

*NTPC:* Company reports around 4% rise in its power generation to 438.6 billion units in financial year ended March 31. (Neutral)

*RBAL:* The long-term credit rating for term loans of Rs. 200 crore was reaffirmed at [ICRA]A- (Stable). (Neutral)

*Punjab & Sind Bank:* Announced the appointment of Sh. Sanjay Prakash Srivastava and Sh. Satbir Singh as General Managers. (Neutral)

*Easy Trip Planners Ltd:* Promoter Nishant Pitti created a pledge on 80,129,158 equity shares. (Neutral)

*NHPC:* Company announced that survey and investigation works for the Kuppa Pumped Storage Project (750 MW) in Gujarat were halted. (Neutral)

*Sky Gold:* Company acquired land (10,500 sq meters) to build a 5,40,000 sq ft facility in Navi-Mumbai. This will boost production capacity by 4.5 tons KG/month, starting by 2027. (Neutral)

*Pidilite:* Names Sudhanshu Vats as Managing Director of the Co w.e.f. April 10. (Neutral)

*Defense stocks:* Defence exports surge to a record high of₹ 23,622 crore in Financial Year 2024-25, a growth of 12.04% over 2023-24 (Neutral)

*Indian Bank:* Company appoints Venkatachalam Anand as Chief Vigilance Officer (CVO) of the bank w.e.f. April 1, 2025. (Neutral)

*ICICI Bank:* Bank approves sale of 19% ICICI merchant services stake (Neutral)

*Niva Bupa:* Company received a demand notice on Mar 31, 2025, from the Assistant Commissioner of Income Tax, Mumbai, for Rs 301.2 million (Neutral)

*Fortis Malar:* Company announced receipt of an Income Tax demand order for Rs 1.50 Cr for Assessment Year 2018-19. (Neutral)

*Ortin Global:* Company announced the appointment of Mrs. Madhu Mala Solanki as Company Secretary and Compliance Officer, effective April 1, 2025. (Neutral)

*Star Health:* Care Ratings Limited has reaffirmed the AA+ Stable rating for the company and AA Stable for its subordinate debt. (Neutral)

*Polycab India:* Company received an assessment order from the Deputy Commissioner of Income-Tax, Mumbai for an income-tax demand of Rs 8.53 Cr due to disallowances and additions. (Neutral)

*Mega Flex Plastics Ltd:* Company announced the successful completion & operationalization of a 400 KW solar power unit at its Howrah factory. (Neutral)

*Panyam Cements:* Company announced the resignation of Mr. P. Ganesh Pathrudu as Company Secretary and Compliance Officer (Neutral)

*Tara Chand Infra:* Company announced the appointment of Ms. Shefali Singhal as Company Secretary & Compliance Officer, effective April 2, 2025 (Neutral)

*Kirloskar Brothers:* Company announced the appointment of Mr. Bhavesh Chheda as Vice President & Head-Corporate Finance & Accounts, effective Apr 01, 2025 (Neutral)

*Shriram Finance:* Company received approval from the Reserve Bank of India (RBI) on April 1, 2025, for the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited. (Neutral)

*MSTC:* CARE Ratings has reaffirmed the credit ratings for the company's bank facilities (Neutral)

*Jet Freight:* Company received a warning letter from the NSE, related to the delayed submission of the resignation letter of a senior management (Neutral)

*NMDC:* Iron ore production down 27% at 3.55 mt vs 4.86 mt, Iron ore sales up 6.3% at 4.21 mt vs 3.96 mt (YoY).

*Dabur:* Company faces ₹110.33 crore income tax demand, plans appeal

*Godrej Agrovet:* Company received an order from the Income Tax Dept. demanding ₹24 Cr on March 31, 2025

*Swiggy:* Company has received an income tax order demanding ₹158.25 crore for the assessment year 2021-22

*02/04/2025*
BSE:+592(76617)
NSE:+166(23332)
BNF:+520(51348)
MID:+567(41667)
SML:+464(47136)
FII|FPI in ₹: (-1538.88Cr)
DII in ₹: +2808.83Cr
B.Crude: 73
Gold$:3124=₹: 90555
Silver: 99586
$/₹: 85.50
7.10 : 2034 G-Sec: 6.55 (6.62 prv Fri)
NSE PE: 21.25
VIX: 13.76 −0.020 (0.15%)


*FIIs FY25-26 in ₹*
MTD: (-7440.51Cr)

*DIIs FY25-26 in ₹*
MTD: +7131.41Cr

Trump announced a 26 per cent reciprocal tariff on India-half the rate India imposes on US imports. Besides, Trump announced a 25 per cent tariff on automobile imports to the country, which is likely to impact auto stocks such as Tata Motors and Samvardhana Motherson.

How could Trump tariffs impact the Indian stock market?

Trump's tariffs could trigger an immediate negative reaction, as reflected in Gift Nifty's 1.5 per cent drop.

Sectors like IT and automobiles may face selling pressure, but in the medium to long term, the market is likely to absorb the impact.

However, experts point out that Trump's tariff may not have a significant negative impact on the economy, which is a comforting factor for the domestic market.

Following is the list of new tariff rates US President Donald Trump displayed:
Algeria: 30%
Argentina: 10%
Australia: 10%
Bahamas: 10%
Bahrain: 10%
Bangladesh: 37%
Bolivia: 10%
Bosnia and Herzegovina: 35%
Botswana: 37%
Brazil: 10%
Brunei: 24%
Cambodia: 49%
Chile: 10%
China: 34%
Colombia: 10%
Costa Rica: 10%
Côte d'Ivoire: 21%
Dominican Republic: 10%
Ecuador: 10%
Egypt: 10%
El Salvador: 10%
Ethiopia: 10%
EU: 20%
Fiji: 32%
Ghana: 10%
Guatemala: 10%
Guyana: 38%
Haiti: 10%
Honduras: 10%
Iceland: 10%
India: 26%
Indonesia: 32%
Israel: 17%
Japan: 24%
Jordan: 20%
Kazakhstan: 27%
Kenya: 10%
Laos: 48%
Lesotho: 50%
Lichtenstein: 37%
Madagascar: 47%
Malaysia: 24%
Mauritius: 40%
Morocco: 10%
Myanmar (Burma): 44%
Namibia: 21%
New Zealand: 10%
Nicaragua: 18%
Nigeria: 14%
North Macedonia: 33%
Norway: 15%
Oman: 10%
Pakistan: 29%
Panama: 10%
Peru: 10%
Philippines: 17%
Qatar: 10%
Saudi Arabia: 10%
Serbia: 37%
Singapore: 10%
South Africa: 30%
South Korea: 25%
Sri Lanka: 44%
Switzerland: 31%
Taiwan: 32%
Thailand: 26%
Trinidad and Tobago: 10%
Tunisia: 28%
Turkey: 10%
Ukraine: 10%
United Arab Emirates: 10%
United Kingdom 10%
Uruguay: 10%
Venezuela: 15%
Vietnam: 46%

Trump updates on India

Modi is great friend of mine *india charge 52%* it's difficult to take decision *we have announced 26% reciprocal tax**


Superb discounted 😂

GIFT Nifty -333 pts (23102) from last trade 23435 ,


Nikkei -1075 pts ,
Hangseng -564 pts ,


Dow +235.36 pts ,Nsdq +191.16 pts, S&P
+37.90 pts , Bovespa +43 pts , Ftse -26 pts , Dax -149 pts , Cac -17 pts , Crude @ $69.52 brl (-2.19), Brent @ $72.76 brl (-2.19) , Gold @ 3175.00 (+8.80), Silver $34.02 (-0.63), Euro @ $1.0883, JPY @ $148.26, INR @ 85.455


*Today's Corporate Action*
*3rd Apr Ex Date*


SALAUTO
Bonus issue 1:1  
UNITDSPR
Interim Dividend - Rs. - 4.0000
 

*Today's Key Results/Board Meetings*
*03-Apr-25*


FERVENTSYN
Preferential Issue of shares
INDRANIB
Right Issue of Equity Shares;General

 
*Stock under F&O ban on NSE*
*03-Apr-25*



None

🇮🇳India Daybook Stocks in News


*Interarch:* Company secures a ₹300 Cr contract for design, engineering, manufacturing, supply & erection of Pre-Engineered Steel Building Systems (Positive)

*Kirloskar Oil Engines:* Company bags order worth Rs 270 crore from Defence Ministry. (Positive)

*Mahindra Lifespace:* Company to redevelop two societies in Mumbai for Rs 1,200 cr. (Positive)

*GE Power India:* Company received a purchase order from NTPC Limited for Rs 382 million. (Positive)

*Deccan Gold Mines:* Company announced the execution ofa 30 sq. km Composite Licence for the Bhalukona-Jamnidih block in Chhattisgarh (Positive)

*Hariom Pipes:* March quarter sales volume up 36 percent QoQ. (Positive)

*Sai Silks:* Company announced Q4 FY25 turnover of ₹399 Cr, up 11% QoQ. (Positive)

*Allcargo Logistics:* Company announced the acquisition of an additional 10% stake in Ecu Worldwide (Japan) Limited by its subsidiary Ecuhold N.V. (Positive)

*Lupin:* Company has acquired UK-based Renascience Pharma for 12.3 million pounds (Positive)

*Elpro International:* Company sells remaining stake (1.64 crore shares) in PNB MetLife for ₹134.37 crore (Positive)

*Pharma stocks:* Indian Pharma shares may see positive reaction on tariff exemption for now (Positive)

*Simplex Infra:* Company enters into one-time settlement with non-assignee lenders covering 6.27% out of 14.56% of non-assignee lenders (Positive)

*Hindustan Copper:* Company signs agreement with CODELCO (Corporacion Nacional del Cobre de Chile) for cooperation & exchange of information (Positive)

*B.R. Goyal Infrastructure:* Company announced the receipt of a work order from NHIT Eastern Projects Private Limited. (Positive)

*Maruti Suzuki:* Company plans to increase car prices from Apr 8, 2025, due to rising input costs, operational expenses, regulatory changes, and feature additions. (Positive)

*Pranik Logistics:* Company announced the establishment of 11 new business hubs across multiple locations (Positive)

*BRG:* Company received of work order from NHIT Eastern Projects Private Limited. (Positive)

*BEL:* Company receives orders worth Rs.593.22 Crores. (Positive)

*Rama Petrochemicals:* Acquirers, including Bhavesh Mahesh Karani & others, acquired 30,00,000 Convertible Warrants. (Positive)

*Avantel:* Company announced receiving a purchase order from the Department of Atomic Energy. The order, valued at ₹4.96 Crores. (Positive)

*Prism Cement:* RLJ Cement's Mirzapur plant capacity expansion of 0.36 MTPA. (Positive)

*PSB:* Total Business Up 11.9% At ₹2.30 Lk Cr Vs ₹2.05 Lk Cr, Total Deposits Up 8.68% At ₹1.30 Lk Cr Vs ₹1.19 Lk Cr (YoY). (Positive)

*Reliance:* Company lays foundation stone of first Reliance Compressed Bio-Gas (CBG) plant at Kanigiri, Andhra Pradesh. To Invest Rs 139 crore for this plant. (Neutral)

*Chennai Petroleum:* Company has announced the appointment of H Shankar as its Managing Director. (Neutral)

*HDFC Bank:* SEBI issues administrative warning letter to the bank alleging certain non-compliances in relation to Custodian activities being carried out by the Bank in terms of SEBI (Custodian) Regulations, 1996. (Neutral)

*Dhampur Bio:* Board approves change in company’s name from Dhampur Bio Organics to Divija Bio Organics. (Neutral)

*Chennai Petroleum:* Company announced the appointment of Shri H. Shankar as Managing Director, effective April 2, 2025. (Neutral)

*JBM Auto:* Company announced the resignation of Mr.Girish Goyal from the post of Chief Human Resources Officer, effective March 28, 2025 (Neutral)

*PNB:* Domestic Deposits Up 2.4% QoQ & 13.3% YoY At ₹15.10 Lk Cr, Global Advances Up 0.6% QoQ & 13.6% YoY At ₹11.17 Lk Cr (Neutral)

*South Indian Bank:* Provisional figures for FY25 shows Gross Advances Down 0.6% At Rs. 88,447 Cr Vs Rs. 86,966 Cr Retail Deposit Up 2.1% At Rs. 1.05 Lk Cr Vs Rs. 1.02 Lk Cr (QoQ).. (Neutral)

*Central Bank of India:* Bank announces FY25 Business Update of Total Business Up 10.75% At Rs. 7.05 Lk Cr Vs Rs.6.37 Lk Cr , Total Deposits Up 7.18% At Rs.4.13 Lk Cr Vs Rs.3.85 Lk Cr (YoY). (Neutral)

*EIH:* Company Says State Govt Takes Over Wildflower Hall Property in Shimla. Company’s Shareholding in Mashobra Resort to be transferred to Himachal Pradesh. (Neutral)

*Hindustan Zinc:* Company announced FY25 record mined metal production at 1095 kt & refined metal production at 1052 kt. Refined zinc production was 827 kt , & lead production was 225 kt. (Neutral)

*Alivus Life Sciences:* Company will acquire a 9.21% stake in Torrent Urja 19 Private Limited for Rs 15.60 Cr. (Neutral)

*PNB Housing Finance:* Company announced that Mr. AmitSingh, Chief People Officer, has resigned for personal reasons, effective May 30, 2025. (Neutral)

*Octaware Technologies:* Company announced the resignationof Ms. Alka Katariya from the Company Secretary position. (Neutral)

*Titagarh Rail:* Company announced that Shri Devendra Kumar Vyas has joined as Chief Executive Officer (Freight RailSystems) on April 2nd, 2025 (Neutral)

*R&B Denims:* Company announced the change indesignation of Mr. Amit Dalmia from Whole-time Director to Chairman and Managing Director. (Neutral)

*Bajaj Healthcare:* Dayashankar Patel resigns as Chief Financial Officer (CFO) of the company. (Neutral)

*MOIL:* FY25 manganese ore production up 2.7% at 1.8 MT. (Neutral)

*Vinati Organics:* Company invested ₹61.44 Cr in its wholly-owned subsidiary, Veeral Organics Pvt. Ltd. (Neutral)

*Emami:* Company received a cautionary letter/email from BSE and NSE on April 1, 2025, due to a delay in announcing information regarding an order. (Neutral)

*Caplin Point:* Company acquired Neoethicals Chile SpA through its subsidiary, Caplin Point Far East Limited, Hong Kong. (Neutral)

*Puravankara:* Company received an assessment order from the Income Tax Dept for AY23-24. The demand notice is for ₹Nil, with a net tax impact of ₹5.35 Cr due to expense disallowances (Neutral)

*Solara Active Pharma:* Company announced the Rights Issue Committee approved the First Call money Notice for partly paid-up equity shares. The record date is April 4, 2025 (Neutral)

*Macrotech:* Certain House of Abhinandan Lodha entities have used purported board resolutions of company. Company denies approval of fabricated board resolutions (Neutral)

*Aarti Drugs:* Company received cautionary letters from BSE & NSE due to a delay in submitting an announcement. (Neutral)

*Remsons:* Board meeting today to consider preferential issue of shares. (Neutral)

*Fervent:* Board meeting today to consider preferential issue of shares. (Neutral)

*United Spirits:* Ex-Date today, Interim Dividend - Rs 4.0 per Share. (Neutral)

*M&M Fin:* Overall Disbursement Up 1% YoY At ₹15,480 Cr, Business Assets Up 16% At ₹1.19 Lk Cr Over March 2024, Collection Efficiency At 97% (YoY)

*Bharat Forge:* North America Class 8 truck orders fall to a seven-month low

*Technology/ Metal/ Auto stocks:* Global markets corrected sharply post the announcements of reciprocal tariffs

*Dabur:* Company expects consolidated revenue to remain flattish, while its India FMCG business is likely to decline in mid-single digits

03/04/2025
BSE:-322(76295)
NSE:-82(23250)
BNF:+249(51597)
MID:+128(41796)
SML:+357(47494)
FII|FPI in ₹: (-2806.00Cr)
DII in ₹: +221.47Cr
B.Crude: 69
Gold$:3065=₹: 89200
Silver: 94474
$/₹: 85.43
7.10 : 2034 G-Sec: 6.55 (NC)
NSE PE: 21.19
VIX: 13.56 −0.17 (1.22%)


*FIIs FY25-26 in ₹*
MTD: (-10246.51Cr)

*DIIs FY25-26 in ₹*
MTD: +7352.88Cr

Mkt. Updates :

GIFT Nifty -111 pts (23215) from last trade 23326 ,

Nikkei -717 pts ,
Hangseng clsd ,


Dow -1679.39 pts ,Nsdq -1050.44 pts, S&P
-274.45 pts , Bovespa -49 pts , Ftse -133 pts , Dax -673 pts , Cac -259 pts , Crude @ $66.69 brl (-0.26), Brent @ $69.90 brl (-0.24) , Gold @ 3130.30 (+8.60), Silver $31.93 (-0.04), Euro @ $1.106, JPY @ $146.01, INR @ 85.305


US GOVT. 10-YR YIELD : 4.01%


Today's Corporate Action, 04 Apr Ex Date :

BGPL
Right Issue of Equity Shares 
DCMSRIND
Interim Dividend - Rs. - 2.0000
KBCGLOBAL
Bonus issue 1:1  
PHCAP
Interim Dividend - Rs. - 0.2500
UCIL
Interim Dividend - Rs. - 0.5000
VBL
Final Dividend - Rs. - 0.5000


Today's Key Results/Board Meetings, 04-Apr-25 :

CHECKPOINT
General  
PADAMCO
Audited Results;Final Dividend
SMIFS
General  


SEC. IN F&O BAN FOR 04-04-2025 :

NIL

ADDITION : NIL
DELETION : NIL


Today's Alert :

RBI to Conduct Auction of GOI BONDS for INR 360 BILLION

News Headlines from Business News Agencies :

Business Standard :

📝 Semiconductors escape US tariffs, easing concerns for chip industry

📝 India faces shortage of 2.2 million skilled drivers, says Nitin Gadkari

📝 Commerce dept studying opportunities that may arise from Trump tariff: Govt

📝 Hindustan Power secures 425 MW solar project contract from UP Power Corp

📝 Indian auto parts makers in Canada, Mexico see no major impact of tariffs

📝 Hindustan Zinc Q4 growth: Firm reports 4% rise in mined metal production

📝 Tech sector key to becoming a $7 trillion economy by 2030: Nasscom's Rajesh Nambiar

📝 India lead in new coal proposals in 2024, says Global Energy Monitor

📝 China trials test virus-based cancer therapy as alternative to chemo

📝 Odisha govt lost Rs 864.45 crore mineral revenue during 2015-22: CAG report

📝 NHAI to develop 121-km-long ring road in Guwahati for Rs 5.72K cr


Economic Times :

📝 Paras Defence and Space Technologies inks pact with MicroCon for drone camera supply

📝 Myanmar can explore energy partnership with India riding on current goodwill

📝 GCCs propel India’s office property market to new peak in March quarter

📝 US retaliatory tariffs a major setback for Indian gems, jewelry exports: GJEPC

📝 HMSI sales rise 11 pc in March at 4,27,448 units

📝 US emerges as biggest loser in markets from Trump’s tariffs

📝 BHEL, Hitachi Energy ink contract with Adani Energy unit

📝 US reciprocal tariff may erode India's GDP by up to 50 bps: Experts

📝 financing innovation essential for India's Viksit Bharat vision: Assocham's Sanjay Nayar

📝 EU sees Euro 290 bn of its exports impacted by new tariffs

📝 Amazon to launch first batch of Starlink-rival satellites


Mint :

📝 ACME Solar Holdings secures ₹2,491 cr refinancing facility

📝 ONGC chairman: India's diesel demand growth is muted

📝 Digital lender Kissht prepares for $225 million IPO

📝 US tariffs on China, Thailand open a window for India’s toy industry

📝 Trump's tariffs to shake up engineering and electronic goods exports

📝 Poonam Gupta appointed as Deputy Governor of Reserve Bank of India for 3 years

📝 Trump tariff: India’s strict testing rules for medical devices hurt US exports

📝 Visa could replace Mastercard as Apple's new credit card partner: Report

📝 Ambuja Cements gets Delhi HC notice on stamp duty row in Holcim merger

📝 NCLT dismisses insolvency plea against Zomato over alleged payment default

🇮🇳India Daybook Stocks in News


Jupiter Wagons: Arm secures land in Haldiapada, Khordha, Odisha, for its upcoming railwheel & axle forging plant (Positive)

Samhi Hotels: CARE Ratings Limited has upgraded ratings on the facilities of the Company. (Positive)

Ami Organics: Completes Full Commissioning of 10.8 MW DC Solar Power Plant, Driving Sustainability and Cost Savings. (Positive)

Sai Life: Company sets up Peptide Research Center in India. (Positive)

Lloyds Engineering: Board of Directors of the Company is scheduled on 08th April, inter alia, to consider and approve Rights Issue. (Positive)

Dee Development: Company has bagged a Purchase Order of Rs 55 crore from a New Customer. (Positive)

UCO Bank: Provisional Business Figures for Q4 indicates healthy sequential and YoY growth. (Positive)

VIP Clothing: Company reported a standalone revenue from operations of ₹64.36 Cr for Q4FY25. This is higher than ₹32.38 Cr in the same quarter of FY24 (Positive)

United Breweries: Company announced the launch of Amstel Grande, a premium strong beer, in Uttar Pradesh, effective April 5, 2025. (Positive)

G R Infraprojects: Company announced an arbitration award in favor of company for Rs. 106,44,92,900 plus 12% annual interest from the award date until realization. (Positive)

Balaji Amines: Company commissions 6 MW AC Solar Power Plant (Positive)

S H Kelkar: Company announced receiving an interim relief of ₹95 crore from The New India Assurance Co. Ltd related to the fire incident (Positive)

Surya Roshni: Company Receives Rs 1.16 billion Order from Gail (Positive)

Royal Sense: Company announced the launch of new products on April 3, 2025. (Positive)

Bharat Dynamics: Company closed FY25 at Rs. 3300 cr revenue vs Rs. 2369 cr in FY24 and Highest ever exports of over Rs. 1200 cr vs Rs. 161 cr in FY24. (Positive)

Nestle India: Company announced the ground breaking of its10th factory in Khordha, Odisha, its first in Eastern India. (Positive)

Astral Ltd: Company announced receiving a certificate from the Bureau of Indian Standards for its OPVC pipes used for water supply, conforming to IS 16647:2017. (Positive)

Gallant Ispatt: Board Meeting Intimation for Consideration and Approval of Expansion in the Capacities of Various Manufacturing Units of the Company (Positive)

Paras Defence: Company and Space Technologies has signed an MoU with Israel’s MicroCon Vision Ltd., part of CONTROP and the Rafael Group, to become India’s exclusive supplier of advanced drone cameras. (Positive)

Zaggle Prepaid: Company has entered into an agreement with Thomas Cook (India) Ltd. (Positive)

RBL Bank: Total deposits reached Rs. 110,942 Cr by Mar'25, up 7% YoY. CASA stood at Rs. 37,884 Cr, with a 34.1% ratio. (Positive)

Bharat Agri Fert & Realty: Company announced an increase in the subsidy on Single Super Phosphate (SSP) by Rs. 2,141 per Metric Ton (MT) by the Department of Fertilizers (DOF). (Positive)

Hitachi Energy/BHEL: Consortium secures contract from Rajasthan Part I Power Transmission. (Positive)

SBEC Systems: Company announced the commissioning of a 325 KWp solar power project at Modipuram, Meerut, Uttar Pradesh. (Positive)

Alivus Life: USFDA issued an Establishment Inspection Report with a Voluntary Action Indicated status for the said manufacturing facility. (Positive)

Anzen: Chryseum Advisors LLP bought 26 lakh shares in the trust at an average price of Rs 106.3, from Discovery Global Opportunity Mauritius. (Positive)

YES Bank: Private sector lender reported an 8.2% year-on-year increase in loans and advances, reaching ₹2,46,539 crore as of March 31, 2025. (Positive)

AWL: Volume growth at 7% YoY, Revenue grows by 36% (Positive)

Netweb: Company has received an incentive of ₹ 5,93,97,758 under the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware (Positive)

Bajaj Finance: Company posts 26% AUM growth in Q4, new loans up by 36% (Neutral)

NTC Industries: Company announced the resignation of Ms. Anushree Chowdhury, Company Secretary & Compliance Officer, and effective April 3, 2025. (Neutral)

Union Bank: Company has released a statement of debt securities for the half year ended March 31, 2025. The total amount outstanding is Rs. 17638.00 crore. (Neutral)

Thermax Ltd: Company announced a share purchase agreement with Infinite Uptime Inc., USA to sell its stake in Covacsis Technologies. The consideration for the sale is approx. Rs. 10 crores. (Neutral)

Amwill Health Care: Company announced the resignation of company Secretary & Compliance Officer, Ms. Sapna Parmar (Neutral)

Equitas Small Finance Bank: Bank announced the appointment of Mr. Balaji Nuthalapadi as Executive Director - Technology and Operations. (Neutral)

Alicon Castalloy Ltd: Company announced the resignation of Ms. Amruta Joshi as Company Secretary & Compliance Officer (Neutral)

Reliance Industries: Company received an order on March 30, 2025, from the Principal Commissioner of Customs, Ahmedabad. The order imposes a redemption fine and penalty totaling Rs. 9.75 crore (Neutral)

Indrayani Biotech: Company announced the approval of a rights issue of partly paid-up equity shares, not exceeding Rs. 49.90 Cr, to existing shareholders. (Neutral)

Synergy Green: Company’s Director Shishir S. Shirgaokar resigned effective Apr 1, 2025, due to old age. (Neutral)

AU Small Finance: Bank: Received CRISIL ratings for the long-term debt instruments (Tier-II Bonds) have been reaffirmed at CRISIL AA. (Neutral)

Avenue Supermarts: Company’s Q4FY25 Standalone Revenue at Rs.14, 462.39 Cr Vs Rs. 12,393.46 Cr (YoY) Total Number of Stores As Of March 31, 2025 Stood at 415. (Neutral)

Jio Financial: Company and Blackrock invest 66.5 cr in joint venture (Neutral)

Zomato: Name and symbol of company to be changed to Eternal effective April 9. (Neutral)

UltraTech Cement: Company to acquire Wonder WallCare for ₹235 crore. (Neutral)

Ola Electric: Company launches Hyper Delivery, promises same-day registration and delivery (Neutral)

RCF: Company announced in-principle approval for an unsecured inter-corporate loan of ₹200 crore to Talcher Fertilizers Limited, a joint venture. (Neutral)

Allied Digital Services Ltd: CRISIL reaffirmed the long-term rating of BBB+/Stable and assigned a short-term rating of A2. (Neutral)

Vodafone Idea: SEBI exempts govt from open offer rule on Vodafone Idea debt-to-equity conversion. (Neutral)

Bandhan Bank: Total Deposits Up 11.8% YoY & 7.2% QoQ At ₹1.51 Lk Cr, Bulk Deposits Up 13.7% YoY & 6.5% QoQ At ₹47,056 Cr. (Neutral)

Mazagon Dock: Government to offload up to 4.83% stake via OFS at a discount of 8% to CMP. (Neutral)

HDFC Bank: Gross Advance Up 5.4% YoY & 4% QoQ At ₹26.44 Lk Cr, Deposits-Average Up 15.8% YoY & 3.1% QoQ At ₹25.28 Lk Cr. (Neutral)

L&T FH: Retail Disbursements Up 1.2% At ₹15,044 Cr Vs ₹14,870 Cr, Retail Loan Book Up 18.8% At ₹95,100 Cr Vs ₹80,036 Cr (YoY) (Neutral)

Vedanta: Aluminum Production Up 1% YoY & Down 2% QoQ At 603 kt, Saleable Metal Down 1% YoY & Up 4% QoQ At 270 kt (Neutral)

Balaji Phosphets: Veloce Opportunities Fund sold 1.42 lakh shares in the company at an average price of Rs 118.4 per share. (Negative)

Bajaj Auto: Bajaj Auto International Holdings BV (BAIH BV) has subscribed to €50 million (₹468.7 crore) worth of convertible bonds issued by Pierer Bajaj AG (PBAG (Neutral)

HSCL: Acquisition of 60% equity shares of Trancemarine and Confreight Logistics Private Limited and related transactions. (Neutral)

HUDCO: Board meeting today to consider Fund Raising. (Neutral)

Biocon: Board meeting today to consider Fund Raising. (Neutral)

Hexaware Tech: Board meeting today to consider Interim Dividend. (Neutral)

Saraswati Saree: Board meeting today to consider Interim Dividend. (Neutral)

Padam Cotton: Board meeting today to consider Financial earnings. (Neutral)

VBL: Ex-Date today, Interim Dividend - Rs 0.5 per Share. (Neutral)

DCM Shriram: Ex-Date today, Interim Dividend - Rs 2.0 per Share. (Neutral)

KBC Global: Ex-Date today, Bonus issue of shares with ratio 1:1. (Neutral)

Fusion: Ex-Date today, Rights issue of shares with swap ratio 55:91 shares, Rs 131 per Rights Equity Share (Neutral)

Siemens: Ex-Date Monday, Demerger of Siemens Energy with ratio 1:1. (Neutral)

Fortis Healthcare: IHL, a wholly-owned subsidiary, received an income tax demand order for ₹76.19 Cr for FY19.

Hilarious Laws which you have not studied in school:

1. Law of Equality: The time taken by the wife, when she says I'll get ready in 5 minutes, is exactly equal to the time taken by husband when he says, "I'll call you in 5 minutes!"

2. Law of Queue: If you change queues, the one you have left will start to move faster than the one you were in

3. Law of Telephone: When you dial a wrong number, you never get a busy tone.

4. Law of Mechanical Repair: After your hands become coated with grease, your nose will begin to itch.

5. Law of the Workshop: Any tool, when dropped, will roll to the least accessible corner.

6. Bath Theorem: When the body is immersed in water, the telephone rings.

7. Law of Encounters: The probability of meeting someone you know increases when you are with someone you don't want to be seen with.

8. Law of the Result: When you try to prove to someone that a machine won't work, it will.

9. Law of Bio mechanics: The severity of the itch is inversely proportional to the reach.

10. Theatre Rule: People with the seats at the farthest from the entry arrive last.

11. Law of Coffee: As soon as you sit down for a cup of hot coffee, your boss will ask you to do something which will last until the coffee becomes cold.

12. Law of Proposal: After you accept a proposal, you will get a better one.

13. Law of getting late: When you reach early for something, it will never start on time.

14. Law of Exam: If you didn't read a page which is of least importance, first question will be from that page only.

For updates
https://t.me/AlliesFin

😊

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Indian delegation to visit Chile, seek stake in SQM's lithium projects
📝 Foreign firms lease 62% of office space in India's top 9 cities: CBRE
📝 Emcure arm Tillomed acquires Manx Pharma portfolio for Rs 218.67 cr
📝 HDFC Bank gains Rs 1.5 trn in deposits, CD ratio drops to 97% in Q4
📝 Swastika Infra files papers with Sebi to raise Rs 200 cr through IPO
📝 AWL Agri Business sees 7% volume growth in January-March quarter
📝 EU plans major fine for Musk's X over disinformation, may exceed $1 billion
📝 IEX reports 19% rise in trade volume at 121 billion units in FY25
📝 NaBFID to raise ₹8,000 cr via bonds, includes first 5-yr paper: Bankers
📝 Amazon to rival Starlink with its own satellite constellation
📝 Tea industry flags concern over greenfly attacks resulting in crop loss

*Economic Times*

📝 India's forex reserves rise to nearly five-month high of $665.4 bn
📝 US tariffs not to have any material impact on India's passenger vehicle exports: ICRA
📝 Higher US tariffs on rival manufacturing hubs can open up opportunities for India: MAIT
📝 Europe, Canada say they'll spend more on defence, but cool on US demands
📝 US plans to develop AI projects on Energy Department lands
📝 Akasa Air starts operations in Bihar, connecting Darbhanga to Delhi & Hyderabad
📝 BFSI firms fuel India’s office leasing surge with over 100% YoY growth in Q1 2025
📝 Kolkata office transactions at 0.16 mn sq ft, residential sales reach 3,858 units in Q1 2025
📝 Cathay Pacific places order for 100 new aircraft, deliveries commence this year: Official
📝 Bankruptcy court okays Vadraj Cement’s acquisition by Nuvoco Vistas Corp
📝 Starbucks India plans aggressive store expansion, despite running in losses

*Mint*

📝 Cabinet approves ₹18,658 crore rail projects, ₹6,839 crore for border villages
📝 LIC dismisses USTRs report of insurer enjoying unfair competitive advantage
📝 Global rout in bank shares intensifies as recession fears mount
📝 Indian Engineers Federation meets union ministers C R Patil, Nitin Gadkari
📝 Govt names Toyota Kirloskar as first component maker to get auto PLI
📝 NxtGen Datacentre & Cloud Technologies appoints Avendus for $300 mn fundraise
📝 Oil prices crash over 8%, set to hit 4-year lows; Brent slips below $65
📝 ebm-papst India to invest ₹340 cr in new plant in Chennai, create 700 jobs by 2026
📝 NCLAT rejects Busy Bee's plea against Go First liquidation
📝 NHPC eyes ₹2,000 cr via asset securitization for third straight year
📝 Average ticket size of credit cards falls 16 percent in H2 2024: Report