04, August, 2025
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Market Highlights

Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

August 12, 2024

  • The next week has only four trading sessions as the market is closed on the 15th. The weekly settlement will be on the 14th. (14/08/2024). Due to only 4 days working big volatility likely. There are no trading holidays in September 2024.
  • Any fact can be twisted. Tomorrow they will say the Supreme Court is wrong!
  • Stop panicking6 about the news that has no impact on your company's working!
  • Learn to ignore such noise. The more you react, they more you become vulnerable to their bait!
  • Hinderburg attack on sebi chairperson is not intended to attack her but trying to shake India image ... nothing new. It's old wine in new bottle.
  • Adani Shipping and port business is critical for Bharat and reason for attack. This is the deep reason, no one understand till date..
  • If we study the fundamentals of Diamond trade, we can identify how and Why Adani was targeted by Hindenburg through the CIA MSS cabal.
  • Jains technically control the Diamond business throughout the world and their polishing technique is par excellence. Now, that government has opened a Separate Diamond Bourse in Surat specially for this purpose, which is backed by Adani's family, the attacks on him are going to rise in coming days. Adani, coming from a Jain community also started business in his 20s as a diamond trader, selling diamond dust and making small gains to become a capitalist today.
  • Jains have literally snatched the entire market share of Jews of Belgium in the last 30 years,
  • The exports from diamond jumped from 28 million in 1990s to 25 billion in 2022 holding 93% market share.
  • Always to to the root to understand real Problem
  • Stop wasting your valuable time and mental health on Youtube experts. They know nothing and have ZERO depth of thinking. They are part of outcome and not process
  • Rest assured our Stock Market is running on solid fundamentals, Up and down is nature of any stock market.
  • The effort of Soros to destabilise our market is to kill our economy which is running in very robust nature after DeMo. They either want riots and terror attacks in India so that we are occupied in local issues like for last 70 years or crash economy so that we don't have money to expand and grow..
  • LIC to invest around Rs 1.30 trillion in stock market in FY25: MD & CEO-
  • In the Olden days when Rishi Muni were doing Yagnhya , Danav will appear to pollute it.
  • Hindenburg Report on SEBI Chairperson is the perfect example of that.
  • Throw dirt with the hope that it sticks. A Hit and Run Job.
  • Thanks to social media now the narrative can be called out.
  • Don’t go by the headlines. Read to understand. Don’t let vested interest destabilise our markets and institutions.
  • Nilesh shah
  • Kotak Mutual Fund - MD
  • India Daybook – Stocks in News
  • Honasa Consumer: Net profit at Rs 40.2 cr vs Rs 24.7 cr, Revenue at Rs 554 cr vs Rs 464.4 cr (YoY) (Positive)
  • Insecticides India: Net profit at Rs 49 cr vs Rs 29 cr, Revenue at Rs 656.7 cr vs Rs 640 cr (YoY) (Positive)
  • Surya Roshni: Net profit at Rs 92.5 cr vs Rs 59 cr, Revenue at Rs. 1893 cr vs Rs 1875 cr (YoY) (Positive)
  • Apollo Micro: Net profit at Rs 8.4 cr vs Rs 1.6 cr, Revenue at Rs. 91 cr vs Rs 58 cr (YoY) (Positive)
  • Inox Wind: Net profit at Rs 50.4 cr vs loss of Rs 64.9 cr, Revenue at Rs. 638 cr vs Rs 348 cr (YoY) (Positive)
  • Max Estate: Net profit at Rs 1.6 cr vs loss of Rs 37.8 cr, Revenue at Rs. 40 cr vs Rs 18 cr (YoY) (Positive)
  • Sky Gold: Net profit at Rs 21.2 cr vs Rs 10.6 cr, Revenue at Rs. 723 cr vs Rs 375 cr (YoY) (Positive)
  • Khazanchi Jewellers: Net profit at Rs 9.2 cr vs Rs 2.7 cr, Revenue at Rs. 381 cr vs Rs 186 cr (YoY) (Positive)
  • Suyog Telematics: Net profit at Rs 17 cr vs Rs 12 cr, Revenue at Rs. 46 cr vs Rs 39 cr (YoY) (Positive)
  • PNC Infra: Net profit at Rs 570 cr vs Rs 180 cr, Revenue at Rs. 217 cr vs Rs 209 cr (YoY) (Positive)
  • SMS LifeSciences: Net profit at Rs 6.4 cr vs Rs 0.70 cr, Revenue at Rs. 87 cr vs Rs 74 cr (YoY) (Positive)
  • Supriya Life: Net profit at Rs 44.6 cr vs Rs 28.5 cr, Revenue at Rs. 160.6 cr vs Rs 132.0 cr (YoY) (Positive)
  • Auro Pharma: Net profit at Rs 918 cr vs Rs 569 cr, Revenue at Rs 7,567 cr vs Rs 6,850 cr (YoY) (Positive)
  • Aspinwall: Net profit at Rs 3.7 cr vs Rs 1.5 cr, Revenue at Rs. 83 cr vs Rs 72 cr (YoY) (Positive)
  • Shree Pushkar Chemicals: Net profit at Rs 12.8 cr vs Rs 7.8 cr, Revenue at Rs. 194 cr vs Rs 175.5 cr (YoY) (Positive)
  • Frontier Springs: Net profit at Rs 7 cr vs Rs 1.8 cr, Revenue at Rs. 50 cr vs Rs 25 cr (YoY) (Positive)
  • Kirloskar Ferrous: Net profit at Rs 69.8 cr vs Rs 17.7 cr, Revenue at Rs. 1553 cr vs Rs 1535 cr (YoY) (Positive)
  • Innova Captab: Net profit at Rs 29 cr vs Rs 17 cr, Revenue at Rs. 294 cr vs Rs 233 cr (YoY) (Positive)
  • Atul Auto: Net profit at Rs 4.5 cr vs loss Rs 8 cr, Revenue at Rs. 130 cr vs Rs 50.4 cr (YoY) (Positive)
  • AYM Syntex: Net profit at Rs 2.3 cr vs loss Rs 11.3 cr, Revenue at Rs. 350 cr vs Rs 320 cr (YoY) (Positive)
  • Aarti Industries: Net profit at Rs 137 cr vs Rs 70 cr, Revenue at Rs. 1855 cr vs Rs 1414 cr (YoY) (Positive)
  • Nila Infra: Net profit at Rs 5.0 cr vs Rs 0.2 cr, Revenue at Rs. 41 cr vs Rs 24 cr (YoY) (Positive)
  • Excel Industries: Net profit at Rs 31.5 cr vs Rs 5.6 cr, Revenue at Rs. 264 cr vs Rs 214 cr (YoY) (Positive)
  • Balkrishna Ind: Net profit at Rs 490 cr vs Rs 332 cr, Revenue at Rs. 2714 cr vs Rs 2159 cr (YoY) (Positive)
  • Wockhardt: Net loss at Rs 16 cr vs loss of Rs 136 cr, Revenue at Rs. 739 cr vs Rs 644 cr (YoY) (Positive)
  • Indo Rama: Net loss at Rs 19 cr vs loss of Rs 55 cr, Revenue at Rs. 944 cr vs Rs 770 cr (YoY) (Positive)
  • GE Power: Net loss at Rs 9.5 cr vs loss of Rs 135.7 cr, Revenue at Rs. 430 cr vs Rs 424 cr (YoY) (Positive)
  • SCI: Net profit at Rs 291 cr vs Rs 172 cr, Revenue at Rs 1514 cr vs Rs 1200 cr (YoY) (Positive)
  • Liberty Shoe: Net profit at Rs 4.7 cr vs Rs 3.3 cr, Revenue at Rs 156 cr vs Rs 143 cr (YoY) (Positive)
  • Kovai Medical: Net profit at Rs 45.8 cr vs Rs 31.0 cr, Revenue at Rs 314 cr vs Rs 274 cr (YoY) (Positive)
  • Fineotex: Net profit at Rs 29 cr vs Rs 26 cr, Revenue at Rs 142 cr vs Rs 131 cr (YoY) (Positive)
  • Elpro: Net profit at Rs 47.5 cr vs Rs 19.5 cr, Revenue at Rs 140 cr vs Rs 51.5 cr (YoY) (Positive)
  • GIC RE: Net profit at Rs 1122 cr vs Rs 950 cr, Net Premium Income at Rs 11591 cr vs Rs 8334 cr (YoY) (Positive)
  • Emami Paper: Net profit at Rs 12.8 cr vs Rs 1.3 cr, Revenue at Rs 504 cr vs Rs 540 cr (YoY) (Positive)
  • Pix Transmissions: Net profit at Rs 27.5 cr vs Rs 15.8 cr, Revenue at Rs 129 cr vs Rs 112 cr (YoY) (Positive)
  • EMS: Net profit at Rs 37 cr vs Rs 22.8 cr, Revenue at Rs 206 cr vs Rs 138 cr (YoY) (Positive)
  • Advanced Enzymes: Net profit at Rs 35.0 cr vs Rs 29.0 cr, 27 cr vs Rs 108 cr (YoY) (Neutral)
  • SP Apparels: Net profit at Rs 18 cr vs Rs 15 cr, Revenue at Rs 245 cr vs Rs 248 cr (YoY) (Neutral)
  • Banco Products: Net profit at Rs 68.7 cr vs Rs 68.8 cr, Revenue at Rs 797 cr vs Rs 740 cr (YoY) (Neutral)
  • Axita Cotton: Net profit at Rs 35 cr vs Rs 57 cr, Revenue at Rs 157 cr vs Rs 228 cr (YoY) (Neutral)
  • Anuh Pharma: Net profit at Rs 9.5 cr vs Rs 11.8 cr, Revenue at Rs 138 cr vs Rs 161 cr (YoY) (Neutral)
  • RSWM: Net loss at Rs 13.7 cr vs Rs 17.9 cr, Revenue at Rs 121 cr vs Rs 90.1 cr (YoY) (Neutral)
  • Dredging Corp: Net loss at Rs 31.0 cr vs Rs 23.0 cr, Revenue at Rs 151 cr vs Rs 278 cr (YoY) (Neutral)
  • Roto Pumps: Net profit at Rs 6.2 cr vs Rs 8.9 cr, Revenue at Rs 45.4 cr vs Rs 47.2 cr (YoY) (Neutral)
  • Vraj Iron: Net profit at Rs 15.5 cr vs Rs 16.3 cr, Revenue at Rs 114 cr vs Rs 106 cr (YoY) (Neutral)
  • Lumax Auto: Net profit at Rs 15.5 cr vs Rs 12.2 cr, Revenue at Rs 341 cr vs Rs 294 cr (YoY) (Neutral)
  • West Coast: Net profit at Rs 110 cr vs Rs 250 cr, Revenue at Rs 175 cr vs Rs 395 cr (YoY) (Neutral)
  • CE Info: Net profit at Rs 36 cr vs Rs 38 cr, Revenue at Rs 101 cr vs Rs 107 cr (YoY). (Neutral)
  • Albert David: Net profit at Rs 18.8 cr vs Rs 23.5 cr, Revenue at Rs 89.4 cr vs Rs 91.9 cr (YoY). (Neutral)
  • Finolex Cables: Net profit at Rs 34.9 cr vs Rs 29.3 cr, Revenue at Rs 1230 cr vs Rs 1204 cr (YoY). (Neutral)
  • APL Apollo: Net profit at Rs 193 cr vs Rs 193 cr, Revenue at Rs 4974 cr vs Rs 4545 cr (YoY). (Neutral)
  • VLS Finance: Unable to submit quarterly earnings in stipulated time due to ransomware incident. (Neutral)
  • Insecticides: Company to windup unit IIL overseas DMCC. (Neutral)
  • Uco Bank: Bank to hike lending rate by 5 bps across tenures from Monday, August 12 (Neutral)
  • Bank Baroda: Bank to hike lending rate by 5 bps across tenures from Monday, August 12 (Neutral)
  • Canara Bank: Bank to hike lending rate by 5 bps across tenures from Monday, August 12 (Neutral)
  • Tata Motors: Company expects sluggish demand overseas in FY25, pins hopes on gradual bounce back in domestic market. (Neutral)
  • IEX: Company appoints Rohit Bajaj as joint MD. (Neutral)
  • Suven Pharmaceuticals: Net profit at Rs 60.8 cr vs Rs 120.6 cr, Revenue at Rs 230.7 cr vs Rs 347.6 cr (YoY) (Negative)
  • Bharat Dynamics: Net profit at Rs 7.2 cr vs Rs 42 cr, Revenue at Rs. 191.2 cr vs Rs 297.7 cr (YoY) (Negative)
  • Divgi Torqtransfer: Net profit at Rs 6.0 cr vs Rs 10.4 cr, Revenue at Rs. 54.2 cr vs Rs 56.5 cr (YoY) (Negative)
  • Engineers India: Net profit at Rs 91.6 cr vs Rs 138.9 cr, Revenue at Rs. 624 cr vs Rs 818 cr (YoY) (Negative)
  • Mishra Dhatu: Net profit at Rs 5.3 cr vs Rs 18.7 cr, Revenue at Rs. 163 cr vs Rs 188 cr (YoY) (Negative)
  • Hindware Home: Net loss at Rs 4.0 cr vs Rs 0.27 cr, Revenue at Rs. 599 cr vs Rs 634 cr (YoY) (Negative)
  • Star Cement: Net profit at Rs 31 cr vs Rs 93.3 cr, Revenue at Rs. 751 cr vs Rs 760 cr (YoY) (Negative)
  • Arihant Super: Net profit at Rs 0.2 cr vs Rs 17.0 cr, Revenue at Rs 84.0 cr vs Rs 121 cr (YoY) (Negative)
  • Dynamatics: Net profit at Rs 11 cr vs Rs 41 cr, Revenue at Rs 346.0 cr vs Rs 362 cr (YoY) (Negative)
  • Prime Focus: Net loss at Rs 120.0 cr vs Rs 68.0 cr, Revenue at Rs. 795 cr vs Rs 1209 cr (YoY) (Negative)
  • Waterbase: Net loss at Rs 6.3 cr vs Rs 0.9 cr, Revenue at Rs. 72 cr vs Rs 111 cr (YoY) (Negative)
  • Sat Ind: Net profit at Rs 18.0 cr vs Rs 70.0 cr, Revenue at Rs. 120 cr vs Rs 130 cr (YoY) (Negative)
  • IOL CP: Net profit at Rs 30.0 cr vs Rs 46.0 cr, Revenue at Rs. 502 cr vs Rs 563 cr (YoY) (Negative)
  • Birla Cable: Net profit at Rs 0.02 cr vs Rs 12.0 cr, Revenue at Rs. 166 cr vs Rs 174 cr (YoY) (Negative)
  • Dredging Corp: Net loss at Rs 31.4 cr vs Rs 15.1 cr, Revenue at Rs. 150 cr vs Rs 200 cr (YoY) (Negative)
  • Exxaro: Net loss at Rs 4.1 cr vs Rs 0.16 cr, Revenue at Rs. 60 cr vs Rs 74 cr (YoY) (Negative)
  • Cafe Coffee Day : NCLT admits insolvency plea against parent company of Cafe Coffee Day (Negative)
  • Sterlite Tech: U.S. district court jury returns verdict against company's arm (Negative)
  • Fed Bank Financial: Anil Kothuri tenders resignation as MD & CEO of Company on August 9 (Negative)
  • Laxmi Organics: Income Tax department conducted survey under Income Tax Act (Negative)
  • Kotak Inst. On Siemens
  • Sell Call, Target Rs 4,600
  • Sharp 20% Miss On Q3FY24 Results
  • Co Saw Belying Strength Seen In Execution Of Late & Largely Reversing Uptick In Margin
  • Order Inflows Were Strong, Up 18% YoY, Suggesting Prospects Of Uptick In Execution With A Lag
  • Results Continue To Lag ABB, Potentially Reflecting Difference In Customer Connect Built Over Time
  • Cut PAT Estimate By 8-10%
  • Citi on Jubilant Food
  • Buy Call, Target Rs 715
  • Operational Performance Continued To Improve
  • Overall LFL Was 3% Vs Est Of 2% With Delivery LFL Of 12.1% Led By Multiple Initiatives
  • Dine-in Sales Were Weak, Down 5.7% YoY & Up 4.6% QoQ
  • Recent Initiatives Will Likely Drive Further Improvement In Dine-in Sales
  • Improvement In Dine-in Sales Will Lead To Overall LFL Improvement Going Forward
  • Conversion Rates Were Best Ever, Leading To 16% Order Growth YoY
  • Nomura on Info Edge
  • Buy Call, Target Rs 8,280
  • Core Recruitment Continues To Bounce Back
  • Losses In Other Businesses Also Reducing
  • Recruitment Vertical — Consultant Segment Grows After Four Quarters Of Decline
  • Real Estate — Reported Moderation In Billings Growth
  • Revise FY25-26 EPS By 1-4%
  • Nomura on Balkrishna Ind.
  • Neutral Call, Target Rs 3,115
  • Q1 EBITDA Ahead Of Estimates
  • Weak Global Demand To Delay Expected Recovery With Current Valuations Pricing This In
  • Management Says Demand Outlook Remains Tepid For Rest Of Year Due To Macro Challenges
  • Co Expects Minor Volume Growth In FY25
  • Jefferies on ABB India
  • Buy Call, Target Raised To Rs 9,230
  • Q2CY24 EBITDA Was 17% Higher Than Expectations
  • Q2CY24 EBITDA Beat Estimates As 630 bps YoY Gross Margins Expansion Offset 11% Revenue Miss
  • Pricing Power And Revenue Mix Drove 360 bps Margin Expansion
  • Co Saw Rs200 Cr Revenue Impact From Execution Deferral To Match Customer Delivery Timelines
  • Co Saw Rs200 Cr Revenue Impact In An Election Quarter
  • Should Pick Up Revenue Ahead
  • Order Flows Rose 13% YoY & Outlook Remains Robust
  • Raise CY24-26 EPS By 4-6%
  • Nomura on Alkem Labs
  • Neutral Call, Target Rs 5,605
  • Q1 Sales Below; EBITDA Ahead Of Estimates
  • Co Retained Its EBITDA Margin Guidance Of 18% In FY25
  • Co Expects Higher Investments In New Initiatives, Specifically Biologics
  • Biologics Likely To Elevate Operating Expenses In Near Term
  • Stock Is Currently Trading At 31.1x/ 25.4x FY25/26 EPS Of Rs 182.6/Rs 224.2
  • Jefferies on Aklem Labs
  • Underperform Call, Target Rs 5,080
  • Strong Margin Expansion Of 20.1% Driven By Lower Raw Material Cost
  • Opex Drove A Strong Q1 Beat Despite Weak Revenue Growth
  • Despite A Strong Q1, Co’s Mgmt Retained Its EBITDA Margin Guidance Of 18% For FY25
  • Co’s Retained EBITDA Margin Guidance Of 18% For FY25 Citing Higher Opex In Coming Quarters
  • Co’s Growth Will Remain Below Peers And Margin Normalisation Is Some Time Away
  • Increase FY25-27 EPS Estimate By 1-4%
  • Nomura on Eureka Forbes
  • Buy Call, Target Rs 573/Sh
  • Co Is On Improving Growth Trajectory
  • Q1 Ahead Of Estimates; Premium Launches Picking Up Well
  • Margin Tailwinds In Place; Valuation Attractive At 35x FY26 P/E
  • Jefferies on Zydus Life
  • Hold Call, Target Raised To Rs 1,210
  • Co Delivered A Strong Q1 Led By US With EBITDA Margin At An All-time High Of 34%
  • US Grew 23% QoQ To $373 m Driven By gRevlimid And Gmirabegron Contribution
  • Co Increased Its FY25 Revenue And Margin Guidance
  • There Could Be A Positive Surprise If Key Products Ramp Up Further
  • FY25-27 EPS Increase By 2-5% On Higher Sales And Margins & Delay In Gasacol HD Competition
  • Await Better Entry Points
  • MS on Trent
  • Equal-Weight Call, Target Rs 4,812
  • Q1 Beat On The Top Line & Margins
  • Management Says Co Will Continue To Expand & Deepen Store Presence
  • Co’s Focus Is On Being Closer To And Convenient For Customers
  • Fashion Business Had Double-digit LFL Growth (10% In Q4, +10% In Q3)
  • Operating EBIT Margin For Fashion Business Improved To 10.6% YoY (7.8% In Q1FY24)
  • Gross Margin For Both Formats Were Consistent With Prior Trends
  • Grocery Format Showed Continued Improvement In Customer Traction & Sales Densities
  • HSBC on Alembic Pharma
  • Downgrade To Reduce, Target Rs 1,080
  • Q1 Miss; Except In-line Sales In US, Other Segments’ Sales Were Below Est
  • Assume Co’s US Sales Will Pick Up Gradually
  • Current Price Reflects Premature Hope On US Sales Growth, In Our View
  • Higher Sales From New Launches An Upside Risk
  • Jefferies on CONCOR
  • Buy Call, Target Rs 1,195
  • Q1 EBITDA Was 7% Below Estimates, With Weak Volume Growth & Lower EXIM Margins
  • Management Retained 18-20% YoY FY25 Volume Growth Guidance Driven By Road To Rail Shift
  • Market Share Rose In EXIM By 50 bps YoY
  • Have Lowered FYY25-27 EPS By 4% To Factor Q1
  • Medium-term Outlook Remains Robust As Rail Share Should Rise With Dedicated Freight Corridor
  • Jefferies on JB Chem
  • Buy Call, Target Raised To Rs 2,230
  • Q1 EBITDA Beat Our Estimates By 7%
  • Domestic Business Including Acquired Ophthal Portfolio Grew 22% YoY (13% Organic Growth)
  • Domestic Business Was Better Than Expected
  • Mgmt Expects Domestic Business To Grow High-teens In FY25
  • CDMO Growth To Accelerate From H2FY25
  • An Improved EBITDA Margin Towards The Upper End Of 26-28%
  • HSBC on Biocon
  • Downgrade To Reduce, Target Rs 300
  • Q1 Were Subdued After Adjusting For One-offs
  • Inflection Point For Biosimilars Sales Remains Distant Amid Multiple Challenges In Our View
  • Higher Sales From Biosimilars An Upside Risk
  • Nifty closed @24,367 (+250.50) and Sensex @79,706 (+819.69) on Friday GIFT Nifty was trading at 24,357.5 (as of 7:30 a.m)
  • FIIs net bought equities in cash to the tune of Rs 407 cr whereas DIIs bought equities in cash worth Rs. 3,980 cr on August 9 2024
  • U S based short seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market regulator Madhabi Puri Buch previously held investments in certain offshore funds used by the Adani group
  • PE firm CVC Capital has made an open offer to acquire an additional 26 stake in Aavas Financiers at Rs 1,767 /share
  • LIC to invest around Rs 1.3 lakh cr in stock market in fiscal 2025
  • Tata Motors expects demand softness in overseas markets this fiscal but anticipates improved domestic sales due to new launches and the upcoming festive season
  • Godrej Properties aims to launch Rs 21,000 cr worth of residential projects by March across major cities to encash strong consumer demand and achieve 20% growth in sales bookings this fiscal
  • Grasim Industries reported a decline in consolidated net profit by 12% y/y to Rs 2,268 cr in 1QFY25 as against Rs 2,576 cr in 1QFY24 Revenue from operations was up 9% y/y to Rs 33,861 cr
  • Aurobindo Pharma reported an increase in consolidated net profit by 61% y/y to Rs 919 cr in 1QFY25 aided by strong sales across markets, compared to Rs 571 cr in 1QFY24
  • Bajaj Consumer Care Ltd reported a 20% y/y decline in net profit at Rs 37 cr in 1QFY25 as against a net profit of Rs 46 cr in the year ago period
  • Jubilant Foodworks reported a rise in revenue by nearly 45% y/y to Rs 1,933 cr consolidated net profit surged to Rs 61 cr in 1QFY25 as compared to Rs 29 cr in 1QFY24
  • Tata Power plans to expand its annual capex, targeting nearly Rs 60 000 cr over the next three years on rising demand for power, according to MD and CEO Praveer Sinha
  • Indian ADRs: Infosys (+0.8%), HDFC Bank (+0.8%) and Wipro (+0.5%)
Panchkarma