YOY
Elevation Capital sells Ixigo shares worth Rs 97.4 crore; Schroder buys stake
This comes right after Elevation Capital sold 21.5 lakh shares in Ixigo last month for Rs 38.27 crore. As of the quarter ended March 31, Elevation held a stake of around 14% in the company, holding 5.46 crore shares. It continues to hold a 12% stake in the company.
Nestle India shares rise 2% as board to consider bonus issue on June 26
Nestle India's shares surged following the announcement of a board meeting on June 26, 2025, to consider a bonus share issue aimed at improving liquidity. While the stock saw a recent dip and underperformed broader markets over the past year, it has shown positive growth in 2025. The company also faces index rebalancing and commodity price pressures.
Recovery rate under IBC improved to 32.76% in Q4 of FY25: CareEdge
CareEdge reported that the IBC recovery rate improved to 32.76% in Q4FY25, up from 31.39% in the previous quarter, with the resolution-to-liquidation ratio also increasing significantly since FY18. Despite these improvements, creditors still face substantial haircuts of around 70% on admitted claims due to persistent delays and legal hurdles in the resolution process, particularly within the NCLT.
Sales of listed non-financial private companies grow 7.1% in January-March: RBI
RBI data reveals that sales of listed private non-financial companies grew by 7.1% in Q4 2024-25, slightly lower than the previous quarter's 8%. While manufacturing sales moderated due to weak petroleum industry performance, IT and non-IT services showed strong growth, with the latter driven by telecommunications and transport. Staff costs increased across manufacturing, IT, and non-IT service sectors.
Ethos block deal: Goldman Sachs sells shares worth Rs 48 crore in this smallcap stock
Goldman Sachs sold over 1.77 lakh shares of Ethos Limited for ₹48 crore at a 5% discount. The luxury watch retailer’s stock fell 4.45% post-deal on Thursday.
Nestle board to meet on June 26 to consider bonus share issue
Nestle India will consider a bonus share issue on June 26. Q4 net profit dipped 5.2% YoY to ₹885 crore, while revenue rose 4.5%, slightly beating expectations.
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Global market volatility dents net inflows in equity mutual funds to drop by 22% in May: ICRA Analytics
Equity mutual funds saw a 22% drop in net inflows in May due to global market volatility. ICRA Analytics reports a decline in domestic ETF inflows as well. The Indian mutual fund industry's AUM grew by 22.55% year-on-year. Gold ETFs experienced significant growth. SIP accounts and contributions also increased.
I-Sec maintains Buy on DCB Bank, target price Rs 175
ICICI Securities suggests investors to buy DCB Bank shares. The target price is set at Rupees 175. DCB Bank has shown strong loan growth. Co-lending is a key factor for this growth. The bank is focusing on customer satisfaction. This strategy may improve customer relations. It may also reduce acquisition costs. DCB expects gains to offset NIM pressure.
Add Tata Motors, target price Rs 775: ICICI Securities
ICICI Securities maintains an Add call on Tata Motors with a target price of Rs 775. JLR revised its FY26 EBIT margin guidance downwards due to challenges like currency volatility and increased capex. The company anticipates near-zero free cash flow in FY26 before improvement in subsequent years with new model ramp-up.
JM Financial maintains Buy on Tata Technologies, target price Rs 850
JM Financial maintains a buy call on Tata Technologies with a target price of Rs 850, citing encouraging underlying trends despite a muted headline growth. Excluding Vinfast revenues, the company experienced a balanced growth across both Anchor and non-Anchor clients. Anticipated recovery in the second half, driven by pick-up in Anchor clients and momentum in Aerospace, supports the positive outlook.
Tata Consumer doubles down on quick commerce, eyes growth beyond traditional retail
Tata Consumer Products is strategically focusing on quick commerce, pharmacy, and food services as high-potential emerging channels, revealed PB Balaji during the company's annual general meeting. The FMCG firm witnessed a significant surge in e-commerce, with quick commerce contributing substantially to this growth.
Tractor sales in India likely to see 4-7% growth in FY26: ICRA
Tractor sales in Bharat are expected to grow moderately in 2025-26. ICRA forecasts a 4-7 percent increase due to a favorable monsoon. This will support agricultural production. Pre-buying before new emission norms in April 2026 may boost sales. Wholesale volumes grew by 7 percent in FY25. Positive farm sentiments and timely monsoon arrival are supporting demand.
Hotel stocks lose steam, fall up to 14% in 2025. Time to check out?
Despite strong Q4 earnings for many, geopolitical tensions and the Air India tragedy have negatively impacted tourism sector sentiment in 2025. Hotel stocks have faced declines, though Valor Estate has been a notable exception with significant revenue growth. Experts remain positive on the long-term prospects of the Indian tourism industry, citing growing disposable incomes and the return of corporate travel.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and Morgan Stanley are advising on the potential transaction, according to reports.
Cement demand may be impacted in Jun due to early onset of monsoon: Ind-Ra
Cement demand in India, after a 7% Y-o-Y growth in April, faces potential headwinds from early monsoons, though a single-digit growth is expected in Q1 due to a weak base last year. Despite a late recovery in Q4 FY25 driven by infrastructure spending, overall FY25 growth was limited to 5-6%.
Passenger vehicles sales remain muted in May, two wheelers up 2.2% YoY
Indian auto sales experienced a marginal increase of 1.5% in May, driven primarily by a 2% rise in two-wheeler sales. Passenger vehicle dispatches saw a slight decline of 0.8% due to tepid consumer sentiment, though utility vehicles showed growth. The industry remains cautiously optimistic, anticipating positive impacts from RBI rate cuts and a favorable monsoon season.
Vishal Mega Mart promoter to sell 10% stake worth Rs 5,057 crore via block deal: Report
Vishal Mega Mart’s promoter, Samayat Services LLP, plans to sell 10% equity via block deals worth ₹5,057 crore at a 12% discount. Despite this, shares closed higher. The retail firm posted strong Q4 earnings, with net profit up 88% YoY.
Residential real estate volumes moderated in FY25; overall collections improved
India's tier-1 residential real estate market is showing signs of moderation in FY25, with sales volumes declining by 6%, particularly in Q4. However, overall collections rose, driven by premium offerings and higher realizations. While pre-sales growth has slowed, collections improved significantly.
Consumer Durables Sector: A Promising Outlook Amidst Challenges
The consumer durables sector is poised for growth following recent economic changes, with several companies showing significant upside potential according to analysts. This article delves into the sector's performance, outlook, and highlights key players that are recommended for investment.
SpiceJet shares rally 5% after reporting 173% YoY surge in Q4 profit
SpiceJet share price surged over 5% on Monday after the company reported a sharp 173% YoY surge in standalone profit after tax for the March quarter, reaching Rs 324.87 crore, marking its highest-ever quarterly profit. The sharp uptick in profit came even as revenue from operations for the quarter declined 16% YoY to Rs 1,446.37 crore, down from Rs 1,719.3 crore in Q4 FY24.
Nazara Tech shares jump 2% as Rekha Jhunjhunwala sells entire stake amid stock surge
Nazara Technologies' share price jumped on Monday after Rekha Jhunjhunwala exited the company, selling her remaining 3% stake worth ₹334 crore via bulk deals on June 13. Her exit comes as the stock nears a four-year high. Earlier, between June 2 and June 6, she had sold 17.38 lakh shares for an estimated Rs 218 crore. Overall, her holding has come down from over 10% in June 2022 to nil.
Infosys to announce Q1 FY26 results on July 23
Infosys, India’s second-largest IT services firm, will announce its financial results for the first quarter of FY26 on July 23, 2025.
SpiceJet Q4 Results: PAT jumps 173% YoY to highest-ever quarterly profit of Rs 325 crore
Spicejet announced a significant profit increase for the March quarter. The airline's standalone profit after tax rose 173% YoY. This marks their highest ever quarterly profit. Spicejet also reported a full-year net profit after seven years. Improved yields and cost optimization drove the growth. The company's Chairman, Ajay Singh, expressed confidence in Spicejet's sustainable growth.
Mahanagar Gas, Gujarat Gas poised for gains as CNG adoption surges; Siddhartha Khemka sees 10-20% upside
India's City Gas Distribution sector shows resilience. CNG adoption rises with infrastructure growth. Electric vehicle challenges boost CNG appeal. Investor interest renews due to volume growth. Mahanagar Gas and Gujarat Gas are strong buys. Mahanagar aims to add CNG stations. Gujarat Gas targets volume growth via expansion. Both companies are well-placed in the growing gas market.
Mahanagar Gas, Gujarat Gas poised for gains as CNG adoption surges; Siddhartha Khemka sees 10-20% upside
India’s City Gas Distribution (CGD) sector has emerged as a resilient and strategically vital component of the energy landscape, supported by rising CNG adoption, expanding infrastructure, and favorable cost economics.
Crompton Greaves shares in focus after Rs 101 crore solar pump order from MEDA
Crompton Greaves share prices will be in focus after securing a Rs 101 crore solar pump order from MEDA under the PM-KUSUM scheme. The project involves installing 4,500 off-grid solar water pumps across Maharashtra. Strong Q4 results and growth in the ECD segment add further momentum to the stock's outlook.
Canara Bank shares in focus as board approves Rs 9,500 crore fundraise for FY26
Canara Bank's board has approved a plan to raise up to Rs 9,500 crore through debt instruments for FY26, including Tier II and AT1 bonds. The bank reported a 33% YoY increase in Q4 net profit, with improved asset quality, though slippages slightly exceeded estimates.
India's infra sector faces revenue, margin pressure in Q4FY25 despite rise in order inflows: Nuvama Research
India's infrastructure sector faced challenges in Q4FY25, with revenues declining by 4% YoY due to a lower executable order book and payment delays, according to Nuvama Research. While urban infrastructure and wagon manufacturers showed relative strength, road EPC companies experienced a significant topline drop.
Non-life insurance industry register 6.5% y-o-y rise in gross direct premiums
The non-life insurance sector experienced a 6.5% increase in gross direct premiums in May, reaching Rs22,257 crore, although growth slowed compared to the previous year. Standalone health insurers outperformed general insurers, while the implementation of the 1/n rule impacted premium reporting. New India Assurance saw significant gains, contrasting with declines in some other major players.
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