🇮🇳India Daybook Stocks in News


Parag Milk Foods: Net profit Rs. 26 cr vs Rs. 10 cr, Revenue at Rs.918 cr vs Rs. 790 cr YoY (Positive)

Gravita India: Net profit Rs. 94.92 cr vs Rs. 69.42 cr, Revenue at Rs.1037.07 cr vs Rs. 863.41 cr YoY (Positive)

R R Kabel Ltd: Net profit Rs. 129.12 cr vs Rs. 78.72 cr, Revenue at Rs.2217.83 cr vs Rs. 1754.06 cr YoY (Positive)

Vardhman Textiles: Net profit Rs. 237.88 cr vs Rs. 202.13 cr, Revenue at Rs.2508.57 cr vs Rs. 2459.41 cr YoY (Positive)

Privi Speciality: Net profit Rs. 63.97 cr vs Rs. 31.86 cr, Revenue at Rs.613.55 cr vs Rs. 484.34 cr YoY (Positive)

CUB: Profit at Rs 288 crore Vs Rs 254.8 crore, Net interest income increases 9.8% to Rs 600.3 crore Vs Rs 546.6 crore (Positive)

Aether: Net profit stands at 50.3 crore Vs loss of Rs 1.4 crore, Revenue at Rs 240.2 crore Vs Rs 117.5 crore (Positive)

IGL: Board has approved the appointment of Rajkumar Dubey as Chairman of the company (Positive)

GOCL Corp: The company has received approval from its Board to sell its subsidiary, IDL Explosives, to Apollo Defence Industries for Rs 107 crore. (Positive)

Ircon: Company has received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. (Positive)

Hindustan Foods: Company has commenced Phase 1 of its new ice cream manufacturing facility in Nashik. (Positive)

Tata Motors: Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of US President Donald Trump’s trade war. (Positive)

Baazar Style: Company has opened a new store of Style Baazar at Koderma, Jharkhand (Positive)

NTPC Renewable: Company commissions final 60 MW of Gujarat solar project; total group capacity now 80,155 MW. (Positive)

Adani Ports: Company handles 37.5 MMT cargo in April '25, container volumes up 21% YoY. (Positive)

Teerth Gopicon: Company announced the receipt of a Letter of Acceptance (LoA) from Indore Smart City Development Limited. (Positive)

NMDC: Company posts record 15% rise in iron ore production in April; sales grow 3%. (Positive)

Oil marketing PSUs: Petrol, diesel demand rises in April as summer fuels consumption. (Positive)

IEX: Company to log double-digit growth in trading volume in FY26. (Positive)

Force Motors: April sales at 3210 units versus 2268 units. (Positive)

Azad Engineering: Company gets 452 Cr Orders, TTM sales is only 423 Cr. (Positive)

B L Kashyap: Company Bags Rs 510 Crore Residential Project – 28.3 Lakh Sq. Ft. in Scope. (Positive)

Bharat Parenterals: Company announced that its subsidiary, Innoxel Lifesciences Pvt. Ltd., successfully completed a U.S. FDA inspection at its Vadodara, Gujarat facility. (Positive)

Tata Consultancy Services: Company partnered with Jazeera Airways to enhance digital customer experience using AI. (Positive)

Shilpa Medicare: Company’s subsidiary, SBPL, receives EU GMP certification for its Dharwad, Karnataka site. (Positive)

Emerald Finance: Company partners with Idea Clan to launch an Early-Wage Access program. (Positive)

Kranti Industries: Company announced a sample purchase order from Bonfiglioli Transmission Private Limited for industrial machinery parts. (Positive)

Resourceful Auto: Plutus Capital Management LLP bought 30,000 equity shares in the company at an average price of Rs 70.26 per share. (Positive)

Oberoi Realty: Company gets 970 Crs in Bookings in Elysian Tower D in just 4 days. (Positive)

Expo Gas: Aegis Investment Fund bought 2,48,991 equity shares in the company at an average price of Rs 60 per share. (Positive)

GE Vernova: Company wins major order from POWERGRID to supply 70+ high-voltage transformers & shunt reactors for India’s renewable energy corridors. (Positive)

Affle: Company received a US patent for a system detecting fraud in app installations and ads. (Positive)

P N Gadgil: Company recorded its highest-ever single day festive sales of Rs 139.53 crore on the occasion of Akshaya Tritya, up 35% YoY. (Positive)

Adani group: Adani Camp meets Trump officials to end Bribery cases: Bloomberg (Positive)

Ksolves India Ltd: Net profit Rs. 5.85 cr vs Rs. 9.39 cr, Revenue at Rs. 33.34 cr vs Rs. 30.44 cr YoY (Neutral)

Archean Chemical: Net profit Rs. 53.47 cr vs Rs. 57.58 cr, Revenue at Rs.345.57 cr vs Rs. 283.90 cr YoY (Neutral)

Subex Ltd: Net profit Rs. -17.60 cr vs Rs. -156.51 cr, Revenue at Rs.70.60 cr vs Rs. 83.80 cr YoY (Neutral)

Voltamp Transformers: Net profit Rs. 96.8 cr vs Rs. 93.5 cr, Revenue at Rs.624.8 cr vs Rs. 504.8 cr YoY (Neutral)

Kotak Bank: Net profit Rs. 3551 cr vs poll of Rs. 3550 cr, NII at Rs.7283 cr vs Poll of Rs. 7400 cr (Neutral)

SBI: Net profit Rs. 18,642 cr vs poll of Rs. 18,944 cr, NII at Rs.42,775 cr vs Poll of Rs. 42,670 cr. (Neutral)

D-Link: Net profit Rs. 27 cr vs Rs. 24.5 cr, Revenue at Rs.368 cr vs Rs. 332 cr YoY (Neutral)

Marico: Revenue at 2730 Cr vs Poll at 2665 Cr, Volume Growth at 7% vs Poll at 5-6% (Neutral)

Indian Bank: Net profit up 31.6% at Rs 2,956 cr vs Rs 2,247 cr, NII up 6.2% at Rs 6,389.3 cr vs Rs 6,015.5 cr (YoY) (Neutral)

Ambuja Cement: Shareholders approve scheme of amalgamation of Adani Cementation with company (Neutral)

Himatsingka Seide: Company announced the resignation of Lakshman Swamy, Senior Vice President – Sourcing & Logistics (Group), effective May 02, 2025 (Neutral)

Emami Ltd: Company Board to consider 3rd interim dividend for FY24-25 on May 16, 2025. (Neutral)

Aptech Ltd: Company announced it received a work order from a Central Govt. Body to conduct Computer-Based Tests. The estimated contract value is Rs 2.26 Cr (Neutral)

Indian Bank: Bank Declared Dividend of 16.25 Rs per Share (Neutral)

Bharti Airtel: Bharti Airtel, Tata Group call off talks for merger of DTH business (Neutral)

Block deal launch in AU Small Bank: Sellers include True North, Indium IV (Mauritius), and Silver Leaf Oak. Floor prices Rs 650/ Sh (Neutral)

Oberoi Real: Ex- date on today, Dividend - Rs 2 per Share. (Neutral)

PTC India: Ex- date on today, Dividend - Rs 5 per Share. (Neutral)

Tata Motors: Shareholders meeting at tomorrow for business split. (Neutral)

TRF Limited: Net profit Rs. 3.51 cr vs Rs. 6.29 cr, Revenue at Rs.27.10 cr vs Rs. 38 cr YoY.

Sanofi Consumer: Net profit Rs. 50 cr vs Rs. 62.7 cr, Revenue at Rs.172.6 cr vs Rs. 221.6 cr YoY

CDSL: Net profit Rs. 100 cr vs Rs. 129 cr, Revenue at Rs. 224 cr vs Rs. 241 cr YoY

D Mart: Net profit down 2% at Rs 551 cr vs Rs 563 cr, Revenue up 17% at Rs 14,872 cr vs Rs 12,726.6 cr (YoY)

JSW Steel: The Deputy Director of Mines had issued a demand notice, claiming Rs 702 crore for an alleged drop in the grade of production, violation of the mining plan.

#gold etf returns @ALLIESFIN

Peace is a strategy @AlliesFin

*GIFT NIFTY +25 (24592) from last trade 24567*

*Nikkei Clsd ,*
*Hangseng +72 pts ,*



Dow -98.60 pts ,Nsdq -133.49 pts, S&P
-36.29 pts , Bovespa -1642 pts , Ftse Clsd , Dax +257 pts , Cac -42 pts , Crude @ $57.18 brl (+0.05), Brent @ $60.23 brl (-0.00) , Gold @ 3341.00 (+18.70), Silver $32.95 (+0.17), Euro @ $1.1315, JPY @ $143.61, INR @ 84.265




*Today's Corporate Action*
*6th May Ex Date*



MINDSPACE
Income Distribution
RITES  





*Today's Key Results/Board Meetings*
*06-May-25*

     

AADHARHFC
Audited Results    
AANCHALISP
Consolidation of Shares;Preferential Issue of shares;Reduction of Capital;General
AARTIDRUGS
Audited Results    
ADOR
Final Dividend;Audited Results;General
ALPHAIND
Audited Results;General  
APLLTD
Final Dividend;Audited Results;General
APTUS
Interim Dividend;Audited Results
AVALON
Audited Results    
BANKBARODA
Final Dividend;Audited Results  
CENTENKA
Quarterly Results;Final Dividend;Audited Results
CGPOWER
Audited Results    
COMCL
Final Dividend;Audited Results;General
COMFINCAP
Final Dividend;Audited Results;General
CYBERTECH
Final Dividend;Audited Results;General
EKANSH
Audited Results    
EMUDHRA
Final Dividend;Employees Stock Option Plan;Audited Results
EVOQ
Preferential Issue of shares;General
GHVINFRA
Preferential Issue of shares  
GLFL
Audited Results    
GODREJCP
Interim Dividend;Audited Results
GTV
Quarterly Results;Final Dividend;Audited Results;General
HARSHDEEP
Audited Results;General  
HINDPETRO
Final Dividend;Audited Results  
HUDCO
General      
JAGSNPHARM
Final Dividend;Audited Results  
JBMA
Quarterly Results;Dividend;Audited Results;General
KAJARIACER
Quarterly Results;Final Dividend;Audited Results
KANSAINER
Final Dividend;Audited Results  
KEI
Audited Results    
KISAN
Quarterly Results;Audited Results
MANYAVAR
Final Dividend;Audited Results  
MCFL
Half Yearly Results;Audited Results
MGL
Final Dividend;Audited Results  
NAPEROL
Audited Results    
NPL
Quarterly Results;Dividend;Audited Results
PARADEEP
Final Dividend;Audited Results  
PARSHVA
Quarterly Results;Audited Results;General
PAYTM
Audited Results    
PEL
Final Dividend;Audited Results  
POLYCAB
Final Dividend;Audited Results  
POLYMED
Final Dividend;Audited Results;General
PRATIKSH
Audited Results    
PURVA
General      
QUICKHEAL
Audited Results    
RADICO
Final Dividend;Audited Results  
SAFARI
Final Dividend;Audited Results  
SAMBHAAV
Quarterly Results;Audited Results
SBL
Preferential Issue of shares;Audited Results
SCILAL
Final Dividend;Audited Results  
SHAH
Audited Results    
SHINEFASH
Final Dividend;Bonus issue;Audited Results;General
SIPTL
Dividend;General    
STANPACK
Audited Results    
SUNCLAY
Audited Results    
TIMEX
Dividend on Preference Shares;Audited Results
TNPETRO
Final Dividend;Audited Results  
VBDESAI
Audited Results    
VEERKRUPA
Right Issue of Equity Shares  
VELOX
Audited Results    
WISEC
Audited Results;General  


 
*Stock under F&O ban on NSE*
*06-May-25*



1 MANAPPURAM FINANCE

2 RBLBANK

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Defence ministry orders hit ₹2.1 trn in FY25, 92% awarded to local firms

📝 FMCG major Marico extends CEO Saugata Gupta's tenure for two years

📝 Auto retail sales rise 3% in April after two months of decline: Fada

📝 Princeton Digital seals Rs 125 cr annual lease deal in Navi Mumbai's Airoli

📝 RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study

📝 Govt reviewing SC order on Bhushan Power and Steel: DFS Secy M Nagaraju

📝 Essar Group firm Black Box earmarks Rs 100 cr to ramp up India presence

📝 Proptech startup Alt DRX raises $2.7 million from investors to expand biz

📝 Crude oil prices drop as OPEC+ accelerates output hikes, surplus looms

📝 Vedanta Resources proposes to repay $920 million debt in FY26: CFO Goel

📝 Centre starts work on hydro projects after suspending treaty with Pakistan

📝 Fintech-focused VC firm QED Investors eyes India in $300 mn Asia push


*Economic Times :*

📝 Coal India signs MoU with UPRVUNL to set up solar power plant in UP

📝 Four developers seek govt approval for partial cancellation of SEZs

📝 Berkshire board confirms Greg Abel as CEO, Buffett to remain chairman

📝 PhonePe focuses on 'Made in India' with next-gen SmartSpeaker

📝 Titan Capital launches Indicorns 2025 List of India's profitable startups

📝 Airtel's B2B arm rolls-out 'Business Name Display' solution for enterprises

📝 Nvidia plans to redesign AI chips to navigate US export curbs: Report

📝 Maruti Suzuki market share dips below 40 pc in Apr; M&M rises to 2nd, Hyundai slips to 4th

📝 Centre to take up road infra projects worth Rs 2 lakh crore in Telangana over 3-4 years: Nitin Gadkari

📝 Labour shortage due to heatwaves, price hikes impacting cement demand in India: Report

📝 India's cotton yarn industry set for 7-9% revenue growth driven by export rebound and domestic demand


*Mint :*

📝 India’s economy seen stable even if tensions with Pakistan rise: Moody’s

📝 GIC-backed Asia Healthcare Holdings to acquire Dr Dangs Labs

📝 Indian Hotels Co. Q4 results: Profit jumps 30% YoY

📝 FADA April Data: Total sales up 7.6% MoM at 22.87 lk units

📝 BMW Industries bags order worth ₹1,764 Cr from Tata Steel

📝 India quantum startups win record grants; move closer to real-world applications

📝 Srigee DLM IPO subscribed over 13x on day 1, led by NII, retail investors

📝 Shell likely to acquire BP, energy giant weighs in merits of the deal

📝 Law ministry set to plug procedural gaps in arbitration law, as directed by SC

📝 Amplus Solar rebrands as Gentari, Pungalia named India head

MARKET IS VOLATILE , ARE YOU SURE ABOUT THE NEXT MOVE ?
RESET & REBOOT YOUR PORTFOLIO WITH
AAPKA SAARTHi
AXiT D SHAH
ALLiES FiNANCiAL SERViCES
iNVESTORS HELPDESK +919869958999

*India UK FTA deal done - UK REACHES FREE TRADE AGREEMENT WITH INDIA.*

*INDIA TO CUT TARIFFS ON 90% OF UK IMPORTS, WITH 85% OF THOSE BECOMING TARIFF-FREE WITHIN DECADE - UK GOVERNMENT.*

*INDIA TO HALVE WHISKY AND GIN TARIFFS FOR UK IMPORTS TO 75%, CUT AUTO TARIFFS TO 10% UNDER A QUOTA - UK GOVERNMENT.*

*UK-INDIA DEAL EXPECTED TO BOOST UK GDP BY 4.8 BLN STG A YEAR BY 2040 - UK GOVERNMENT.*

*UK-INDIA DEAL EXPECTED TO BOOST BILATERAL TRADE BY 25.5 BLN STG A YEAR BY 2040 - UK GOVERNMENT*

GIFT NIFTY -85 (24330) from last trade 24415

*Nikkei -33 pts ,*


Dow -389.83 pts ,Nsdq -154.58 pts, S&P
-43.47 pts , Bovespa +24 pts , Ftse +1 , Dax -94 pts , Cac -31 pts , Crude @ $59.61 brl (+0.01), Brent @ $62.15 brl (-0.00) , Gold @ 3407.40 (-15.40), Silver $33.40 (+0.01), Euro @ $1.1348, JPY @ $142.90, INR @ 84.29




*Today's Corporate Action*
*7th May Ex Date*




AVANTEL
Right Issue of Equity Shares 
CRISIL
Interim Dividend - Rs. - 8.0000
NAUKRI
Stock  Split From Rs.10/- to Rs.2/-
SUNDRMFAST
Interim Dividend - Rs. - 4.2000
VBL
Interim Dividend - Rs. - 0.5000



*Today's Key Results/Board Meetings*
*07-May-25*

     

APCOTEXIND
Final Dividend;Audited Results  
APLAPOLLO
Final Dividend;Audited Results  
APMIN
Quarterly Results;Audited Results
BFLAFL
Audited Results    
BHARATSE
Final Dividend;Audited Results  
BLUECLOUDS
Preferential Issue of shares;General
BLUESTARCO
Final Dividend;Audited Results  
CARTRADE
Audited Results    
COALINDIA
Final Dividend;Audited Results  
CRAFTSMAN
Final Dividend;Audited Results;General
DABUR
Final Dividend;Audited Results  
GINNIFILA
Audited Results    
GOACARBON
Final Dividend;Audited Results  
GOLDIAM
General      
GTL
Audited Results    
GUJCONT
Final Dividend;Audited Results  
HBSL
Dividend;Audited Results  
HINDCOMPOS
Final Dividend;Audited Results  
HUDCO
Final Dividend;Audited Results  
IFGLEXPOR
Interim Dividend    
KAMDHENU
Final Dividend;Audited Results  
LGBFORGE
Audited Results;General  
LINC
Final Dividend;Audited Results  
LLOYDSENGG
Final Dividend;Audited Results;General
MANGCHEFER
Final Dividend;Audited Results  
MANINDS
Audited Results    
MRF
Final Dividend;Audited Results  
NIVABUPA
Audited Results    
NLFL
Audited Results    
RACLGEAR
Audited Results    
ROUTE
Final Dividend;Audited Results  
RTNPOWER
Audited Results    
SAH
Preferential Issue of shares  
SAPPHIRE
Audited Results    
SATIN
Audited Results    
SCBL
Audited Results    
SEJALLTD
Quarterly Results;Audited Results;General
SHRIPISTON
Final Dividend;Audited Results  
SMFIL
Audited Results    
SOMANYCERA
Final Dividend;Audited Results  
SONATSOFTW
Final Dividend;Audited Results  
STARHFL
Audited Results    
SWRNASE
Audited Results;General  
SYMPHONY
Final Dividend;Audited Results  
TATACHEM
Final Dividend;Audited Results  
TRABI
Audited Results    
TRANSPEK
Dividend;Audited Results  
UBL
Final Dividend;Audited Results  
VINCOFE
Final Dividend;Audited Results;General
VOLTAS
Final Dividend;Audited Results  
WONDERLA
Final Dividend;Audited Results  
YAMNINV
Right Issue of Equity Shares


 
*Stock under F&O ban on NSE*
*07-May-25*


1 CDSL

2 MANAPPURAM

3 RBLBANK

🇮🇳India Daybook Stocks in News


*Paradeep Phosphates:* Net profit Rs. 160.03 cr vs Rs. 21.50 cr, Revenue at Rs. 3494 cr vs Rs. 2242 cr YoY. (Positive)

*Aarti Drugs:* Net profit Rs. 62.8 cr vs Rs. 47.3 cr , Revenue at Rs. 676.7 cr vs Rs. 619.9 cr YoY. (Positive)

*Krishana Phoschem:* Net profit Rs. 32.85 cr vs Rs. 5.59 cr, Revenue at Rs. 472.9 cr vs Rs. 263.4 cr YoY (Positive)

*Radico Khaitan:* Net Profit Rs. 92.07 cr vs Rs. 53.91 cr, Revenue at Rs. 4485.42 cr vs Rs. 3894.63 cr YoY (Positive)

*KEI Industries Limited:* Net profit Rs. 226.54 cr vs Rs. 168.47 cr, Revenue at Rs. 2914.7 cr vs Rs. 2329.8 cr YoY (Positive)

*eMudhra Limited:* Net Profit Rs. 23.88 cr vs Rs. 20.99 cr, Revenue at Rs. 146.87 cr vs Rs. 99.69 cr YoY (Positive)

*Aptus Value:* Net profit Rs. 207.0 cr vs Rs. 164.0 cr, Revenue at Rs. 484.0 cr vs Rs. 374.5 cr YoY. (Positive)

*BSE:* Revenue at Rs 846.6 cr versus Rs 484 cr, Net Profit at Rs 494 cr versus Rs 106 cr YoY. (Positive)

*TN Petro:* Revenue at Rs 454.3 cr versus Rs 437.0 cr, Net Profit at Rs 27 cr versus Rs 13 cr YoY. (Positive)

*Jagsonpal:* Revenue at Rs 586 cr versus Rs 435 cr, Net Profit at Rs 66 cr versus Rs 35 cr YoY. (Positive)

*Timex:* Revenue at Rs 9.2 cr versus Rs 7.0 cr, Net Profit at Rs 135 cr versus Rs 92 cr YoY. (Positive)

*Polymed:* Revenue at Rs 91.8 cr versus Rs 68.4 cr, Net Profit at Rs 440 cr versus Rs 370 cr YoY. (Positive)

*MGL:* Net Profit At Rs 252.2 Cr Vs poll of Rs 211 Cr, Revenue at Rs 1,865 Cr Vs poll of Rs 1,784 Cr. (Positive)

*Prestige Estates:* The Prestige City, Indirapuram, achieves sales of over ₹3,000 crore across 1,200 units within a week of its launch. (Positive)

*Candour Techtex:* Company received a major Letter of Intent for its Coating & Lamination plant in Malegaon. (Positive)

*Tejas Networks:* Company Launched 1.2 Tbps single-wave coherent DWDM solution at Bharat Telecom 2025. (Positive)

*GP Petroleums:* Company & West Coast Oils Form JV to Boost Specialty Bitumen Market. (Positive)

*GMDC:* Company signs long-term supply agreement with City Gold Pipes for supply of 150 million tonnes of limestone over 40 years from Kutch’s Lakhpat Punrajpur Mine. (Positive)

*UBL/USL/Tata Motors:* India and UK have successfully concluded a Free Trade Agreement along with a double contribution convention: PM (Positive)

*Tera Software:* Advance Work Order recevied from BharatNet Project for Middle Mile Network - NER-II witha total order value of Rs.1901 Crores by ITI Ltd. (Positive)

*NLC India:* Company signs Power Purchase Agreement for Its Largest Solar Project- 810 MW at Pugal Solar Park, Rajasthan. (Positive)

*Indegene:* The Indian School of Public Policy has partnered with Indegene, a digital-first life sciences commercialization company, to advance health policy research and design in the country. (Positive)

*SDBL:* Company emerged as the second-largest beer company in the state of Jharkhand, commanding a significant 22% share of the market. (Positive)

*EFC:* Group announces purchase of Quantum Towers, Pune - 1,22,000 Sq. Ft. Premium Commercial Office Space. (Positive)

*PayTM:* Net Loss at ₹544.6 Cr Vs Loss of ₹550.5 Cr, Revenue at ₹1,912 Cr Vs ₹2,267.1 Cr (YoY). (Neutral)

*Hind Petro:* Net Profit at Rs 3,355 Cr vs poll of Rs 2,220 Cr, Revenue at Rs. 1.09 lk crore vs poll Rs. 1.11 lk crore. (Neutral)

*Ador Welding:* Net profit Rs. 18.09 cr vs Rs. 25.37 cr, Revenue at Rs. 310 cr vs Rs. 297.34 cr YoY (Neutral)

*Adhaar Housing:* Net Profit at Rs 245 Cr Vs Rs 202 Cr, Revenue at Rs 755 Cr Vs Rs 596 Cr (YoY) (Neutral)

*Cybertech:* Net Profit at Rs 9.6 Cr Vs Rs 9.0 Cr, Revenue at Rs 61.5 Cr Vs Rs 58.6 Cr (YoY) (Neutral)

*Kansai:* Net Profit at Rs 123 Cr Vs Rs 9.0 Cr, Revenue at Rs 61.5 Cr Vs Rs 58.6 Cr (YoY) (Neutral)

*LIC:* Bella Paul voluntarily retires as chief in-charge, board & secretarial of the corporation (Neutral)

*Abans Financial:* Company has invested Rs.42.18 crores in its subsidiary, Abans Capital Private Limited (ACPL). (Neutral)

*Welcure Drugs:* Company announced the resignation of Mr.

*Tata Consultancy Services:* Company has reduced the variable pay of its senior employees for the third consecutive quarter. (Neutral)

*Jubilant Pharmova:* India Ratings and Research has affirmed the long-term issuer rating at 'IND AA+' with a stable outlook. (Neutral)

*Sun Pharmaceutical:* Mr. C.S. Muralidharan, CFO, is retiring on July 1, 2025. (Neutral)

*CRISIL:* Ex- date on today, Dividend - Rs 8 per Share. (Neutral)

*Sundram Fastener:* Ex- date on today, Dividend - Rs 4.2 per Share. (Neutral)

*VBL:* Ex- date on today, Dividend - Rs 0.5 per Share. (Neutral)

*Info Edge:* Ex- date on today, Stock split into 5 rights for 1 shares each (Neutral)

*Avantel:* Ex- date on today, Rights 10 rights for 121 shares held (Neutral)

*OFSS:* Ex- date on tomorrow, Dividend - Rs 265 per Share. (Neutral)

*Gravita:* Ex- date on tomorrow, Dividend - Rs 6.35 per Share. (Neutral)

*PEL:* Net Loss Rs 23.33 Cr Vs Profit of Rs 953.5 Cr, NII at Rs 245 Cr Vs Rs 262 Cr (YoY).

*Kajaria:* Net profit Rs. 43 cr vs Rs. 104 cr, Revenue at Rs.1221 cr vs Rs. 1208 cr YoY

🇨🇳 China Slashes Rates and Reserve Ratios: Liquidity Lifeline or Desperation Signal?

China just fired a monetary bazooka.

On May 7, 2025, the People’s Bank of China (PBOC) announced a 50 basis point cut to the Reserve Requirement Ratio (RRR) and a 10 basis point cut to key lending rates, unleashing an estimated ¥1 trillion (~$138 billion) of liquidity into the system. This is Beijing’s most aggressive monetary easing since the early COVID era. But don’t mistake this for routine stimulus. This is a signal and it’s flashing red.

Why It Matters (Decoded):
•Trade War Stress: China’s move follows escalating U.S. tariffs, rising to over 100% on key categories. With export demand weakening and foreign capital fleeing, China is trying to stimulate domestic lending and consumption.
•Growth Slowdown Confirmed: Manufacturing PMIs, retail sales, and youth unemployment all show an economy losing momentum. Rate cuts aren’t a luxury they’re a lifeline.
•Bank Liquidity Strain: By easing reserve requirements, the PBOC is trying to unclog lending channels and support both corporate borrowers and the heavily indebted local government financing vehicles (LGFVs).

What They’re Not Saying:

This is not proactive easing its reactive defense. The PBOC is walking a tightrope:
•Lower rates = weaker yuan, which risks accelerating capital outflows.
•Liquidity injections = fuel for bubbles, especially in property or equities.
•Easing into a trade war = cornered policy, as fiscal levers remain constrained.

Historical Echoes:
•In 2008, China slashed the RRR to combat collapsing global demand.
•In 2015, it did the same to backstop stock market crashes and currency volatility. Each time, it worked temporarily but seeded deeper imbalances.

Strategic Implication for Global Macro:
•Expect yuan depreciation pressure (USDCNH up) in coming weeks.
•Commodities may catch a bid, especially metals and energy, if credit starts flowing to infrastructure.
•China is exporting disinflation and financial fragility, not strength. This is a monetary firewall to hold off systemic stress not a sign of recovery.

High-Conviction View:

This is China’s version of QE without the label. It signals:
•A loss of confidence in organic growth.
•A pivot to domestic rescue mode amid rising global isolation.
•A monetary regime shift that will distort FX, commodities, and capital flow dynamics across EM and G10 markets alike.

Known Unknowns:
•Will capital flight accelerate despite rate cuts?
•Does this provoke a U.S. retaliation (financial sanctions, capital controls)?
•Is China preparing for something worse internal political or credit system stress?

Bottom Line:

Don’t let the mild rate cut fool you this is a liquidity distress signal from the world’s second-largest economy. Markets will celebrate short-term stimulus. But underneath, Beijing is bracing for impact.

*GIFT NIFTY +500 (24592) from last trade 24092*

*Nikkei +111 pts ,*
*Hangseng +316 pts ,*



Dow -119.07 pts ,Nsdq +0.78 pts, S&P
-4.03 pts , Bovespa +279 pts , Ftse +23 pts , Dax +146 pts , Cac +49 pts , Crude @ $61.11 brl (+0.09), Brent @ $63.95 brl (+0.08l4) , Gold @ 3276.00 (-68.00), Silver $32.775 (-0.13), Euro @ $1.1235, JPY @ $145.99, INR @ 85.385




*Today's Corporate Action*
*12th May Ex Date*


None



*Today's Key Results/Board Meetings*
*12-May-25*

     
AARTISURF
Final Dividend;Quarterly Results;Audited Results
ACL
Audited Results      
ADVAIT
Final Dividend;Audited Results    
AFIL
Audited Results      
AIIL
Interim Dividend;General;Audited Results  
ALICON
Dividend;Quarterly Results;Audited Results  
ALUFLUOR
Final Dividend;Audited Results    
ARTEMISMED
Final Dividend;Audited Results    
ATHERENERG
Audited Results      
AVADHSUGAR
Final Dividend;Audited Results    
BAJAJELEC
Final Dividend;Audited Results    
BLISSGVS
Final Dividend;Quarterly Results;General;Audited Results
BPLPHARMA
Final Dividend;General;Audited Results  
CARBORUNIV
Final Dividend;Audited Results    
CARERATING
Final Dividend;Quarterly Results    
CHALET
General;Audited Results    
CINELINE
Audited Results      
CSL
Preferential Issue of shares    
DCW
Final Dividend;Quarterly Results    
EUPHORIAIT
Audited Results      
EXHICON
General;Audited Results    
FRONTCAP
Audited Results      
GEMENVIRO
Final Dividend;General;Audited Results  
GOLDTECH
Preferential Issue of shares    
GUJTLRM
General        
HAPPSTMNDS
Final Dividend;General;Audited Results  
HARIGOV
Increase in Authorised Capital;Preferential Issue of shares;General
HBESD
Audited Results      
HEALTHYLIFE
General;Audited Results    
IFINSEC
Audited Results      
JAIBALAJI
General;Audited Results    
JMFINANCIL
Dividend;Audited Results    
JYOTHYLAB
Final Dividend;Audited Results    
KEMP
Audited Results      
KIMS
Audited Results      
KKCL
Interim Dividend;Audited Results  
KRN
Audited Results      
KRSNAA
Final Dividend;Audited Results    
MANINDS
Audited Results      
MCLOUD
Preferential Issue of shares;General  
METROGLOBL
Final Dividend;General;Audited Results  
MKTCREAT
Audited Results      
MODWOOL
Quarterly Results;Audited Results  
MOREPENLAB
Final Dividend;Quarterly Results;General;Audited Results
PALREDTEC
General        
PESB
Audited Results      
PGEL
Final Dividend;General;Audited Results  
PILITA
Quarterly Results;Audited Results  
PRAXIS
Quarterly Results;Audited Results  
PRUDENT
Final Dividend;Employees Stock Option Plan;Audited Results
PVRINOX
General;Audited Results    
RAYMOND
Audited Results      
RAYMONDLSL
Audited Results      
RBZJEWEL
General;Audited Results    
REMIEDEL
Audited Results      
SACHEMT
Quarterly Results;General;Audited Results  
SAFE
Audited Results      
SAGCEM
Audited Results      
SAMINDUS
General        
SAPL
Audited Results      
SELLWIN
Audited Results      
SFTL
Quarterly Results;Audited Results  
SHIVAMAUTO
General;Audited Results    
SHYMINV
Final Dividend;General;Audited Results  
SICAGEN
Final Dividend;Audited Results    
SIYSIL
Final Dividend;Audited Results    
SPECIALITY
Final Dividend;Audited Results    
SRF
Final Dividend;Audited Results    
STARLOG
Audited Results      
SUPER
Final Dividend;Quarterly Results    
TATASTEEL
Final Dividend;Audited Results    
TDPOWERSYS
Final Dividend;Audited Results    
THOMASCOOK
Final Dividend;General;Audited Results  
TIPSFILMS
Audited Results      
UGARSUGAR
Final Dividend;Quarterly Results    
UPL
Final Dividend;Audited Results    
USHAMART
Final Dividend;Audited Results    
VENKEYS
Final Dividend;Audited Results    
VENTIVE
Audited Results      
VIDHIING
Final Dividend;Audited Results    
VIJAYA
Final Dividend;Quarterly Results;General;Audited Results
VINEETLAB
Audited Results      
VIVANZA
Quarterly Results;Audited Results  
WALCHPF
Final Dividend;Audited Results    
WARDHEALTH
General        
ZAGGLE
General;Audited Results    
ZARCOLEA
Audited Results      
ZENLABS

Audited Results      


 
*Stock under F&O ban on NSE*
*12-May-25*



1 CDSL

2 MANAPPURAM

3 RBLBANK

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Tourism, aviation, hospitality to rally after Pahalgam attack: Taj CEO
📝 NIM will be under pressure in first 2 quarters of FY26: Canara Bank MD, CEO
📝 FMCG firms ensure uninterrupted supply, tweak shifts near border areas
📝 DCM Shriram's arm Fenesta buys 53% stake in DNV Global for Rs 44 crore
📝 Will bring five new products within next 2 years: Renault India MD & CEO
📝 Real estate developers stuck between construction cost wall and soft market
📝 Sebi set to roll out new risk metrics to curb F&O market speculation
📝 No duty cuts on UK wines in India FTA; limited relief for British beer
📝 Godrej Properties to launch projects worth Rs 40K cr in FY26: Chairman
📝 Truck rentals remain flat in April despite toll hike: Shriram report
📝 Welspun to enter pipe segment with Sintex, eyes 5% market share in 7 years

*Economic Times*

📝 Dixon Technologiespartners with NxtCell to manufacture Alcatel smartphones in India
📝 Two-wheeler sales to sustain growth momentum in FY26: TVS Motor
📝 Legacy issues behindus, PNB charts new growth path to outdo competition: MD Ashok Chandra
📝 Trinity awards Rs 510 crore construction contract to BL Kashyap
📝 Trump hails 'totalreset' in US-China trade relations as talks continue
📝 Mercedes to hike vehicle prices by up to 3 pc in two stages by Sep
📝 Canara Bank deploys employees to garner deposits, mobilises Rs 16,000 cr in 10 weeks
📝 Govt to hold pre-emption right over oil, gas in national emergency: Draft rules
📝 Bhushan Power ex-promoter moves NCLT to give effect to SC liquidation order
📝 JSL serious on Rs 40,000-cr investment in Maharashtra; looking for land parcel: MD AbhyudayJindal

*Mint*

📝 India’s projected 6.5% growth shows resilience, but target is 7-8%: CII chief
📝 Centre sacks Rameshwar Prasad Gupta as chairman and MD of Solar Energy Corp
📝 OpenAI, Microsoft in talks to reset high-stakes partnership
📝 Ixigo suspends hotel, flights bookings to Turkey, China & Azerbaijan
📝 Rapido eyes a bigger slice of the ride-hailing market with four-wheeler push
📝 Expedia First-Quarter Bookings Miss as Travel Demand Softens
📝 Japan's SMBC succeeds in its pursuit of Yes Bank; to acquire a 20% stake
📝 Dr. Reddy’s focused on securing supply chains amid US tariff uncertainty
📝 Fed Governor Michelle Bowman Hires Staffers From Goldman, Davis Polk and BPI

🇺🇸🇨🇳 United States cuts tariffs on Chinese goods from 145% to 30% for 90 days.

China lowers tariffs on US from 125% to 10% for 90 days.

Market ✈️