GAGA Share Market News

[hfe_template id='11223'] [ad_1] Meta Platforms rode strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging investor concerns over tariff-related economic growth fears. The Facebook and Instagram parent also increased planned capital expenditures this year as it speeds up construction of data centers that can support artificial intelligence, which it sees bolstering and transforming its business. Shares of the company were up 5% in extended trading. Meta boosted its 2025 capital expenditure plans to between $64 billion and $72 billion. CEO Mark Zuckerberg previously said the company could spend as much as $65 billion this year. "The pace of progress across the industry and the opportunities ahead for us are staggering. I want to make sure that we're working aggressively and efficiently, and I also want to make sure that we are building out the leading infr...

[hfe_template id='11223'] [ad_1] Synopsis After five months of cooling off in the mid-cap segment, can we say valuations are fairly priced? The answer is no. But does it mean that we should avoid this segment? The answer is, again, no. The reason: We are at a stage where, rather than broad-brushing, it is better to adopt a sector-by-sector and stock-by-stock approach. If the Nifty and market breadth stay positive in the coming trading sessions, it is likely we will see mid-caps gaining strength. It may also probably signal the end of this phase of correction. In the short term, stock prices are impacted by events and the narratives built around them. Over the next few weeks, it will be about how things pan out on the India-Pakistan border. The fact is that, apart from guesses and speculation, no one has and will have any idea on what will happen or when. There is another narrative: Developments in the global markets. However, stock prices and the absolute value of stocks...

[hfe_template id='11223'] [ad_1] We often underestimate the power of small savings. A few hundred rupees set aside each month may seem inconsequential in the grand scheme of things. But when channelled correctly, these modest sums can transform into significant wealth over time. The secret lies in understanding the interplay between returns and time, and how mutual funds can be the perfect partner on this journey. There are two undeniable forces that drive wealth creation: the rate of return your money earns and the time you allow it to compound. While we naturally gravitate towards higher returns, it’s important to remember that they come with their baggage, volatility, and uncertainty. In moments of market turbulence, it’s easy to lose conviction and make decisions driven by fear or impulse, often derailing the wealth creation process. This is where purpose-driven investing becomes indispensable. If you invest with a strong, clear purpose, whether it's building a r...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average edged higher on Thursday as investors awaited the Bank of Japan's latest interest rate decision, and developments in the U.S. trade talks with Tokyo's top negotiator in Washington. The Nikkei rose 0.4% to 36,177.63, as of 0150 GMT, with the BOJ's policy announcement due some time in the late Tokyo morning or early afternoon. The broader Topix was flat. The tech-heavy Nikkei was buoyed by a 6.3% jump for chip-testing equipment maker Advantest, as it tracked after-hours advances for U.S. tech megacaps Meta Platforms and Microsoft on strong financial results. Japan's central bank is widely expected to leave rates steady, while cutting growth forecasts. Investors will be more focused on what BOJ Governor Kazuo Ueda has to say on the impact of U.S. trade policy in the board's thinking about when to next raise interest rates. Live Events Market-implied odds for a quarter-point hike by yea...

[hfe_template id='11223'] [ad_1] Adani Green Energy on Wednesday said its promoters will infuse Rs 500 crore into the company through the conversion of share warrants. The warrants will be issued at Rs 1,480.75 each. Ardour Investment Holding, a member of Adani Green’s promoter group, has exercised 44.90 lakh convertible warrants, paying the remaining 75% of the issue price, or Rs 1,110.56 per warrant. This brings the total inflow to Rs 498.7 crore. Equity allotment approved The company’s board, through its management committee, approved the allotment of 44,90,416 equity shares of face value Rs 10 each at a premium of Rs 1,470.75 per share during a meeting held on April 29. These shares were allotted pursuant to a preferential allotment first announced in January 2024, when Ardour was issued 6.31 crore warrants on a private placement basis, with 25% of the consideration paid upfront. With this allotment, the company’s issued, subscribed, and paid-up capital has risen fro...

[hfe_template id='11223'] [ad_1] Ambuja Cements shares jumped 2% to their day’s high of Rs 545.70 on the BSE on Wednesday after the Adani Group company reported a 75% year-on-year (YoY) rise in standalone net profit to Rs 929 crore for the quarter ended March 2025. Meanwhile, consolidated revenue rose 12% YoY to Rs 9,872 crore. However, on a standalone basis, the company reported a 75% YoY rise in standalone net profit to Rs 929 crore for the quarter ended March 2025. Revenue from operations for the same quarter rose 19% YoY to Rs 5,670 crore. The company’s EBITDA for Q4 stood at Rs 1,868 crore, up 10% YoY, with margins steady at 18.9%. EBITDA per tonne came in at Rs 1,001, excluding a one-time government grant from the previous quarter. Also Read: Ashish Kacholia adds 8 new stocks, hikes stakes in 4 firms in Q4 amid market correctionAmbuja achieved its highest-ever quarterly sales volume at 18.7 million tonnes, up 13% YoY, driven by capacity expansion, improved market r...

[hfe_template id='11223'] [ad_1] Jana Small Finance Bank shares slid 2.6% to their day’s low of Rs 509.95 on the BSE on Wednesday, April 30, after the bank’s Q4 net profit significantly dropped by 61.6% YoY to Rs 123.50 crore, against Rs 321.67 crore in the corresponding quarter of the previous financial year. However,on a sequential basis, the lender’s PAT was up 11.3% from Rs 111 crore in the preceding quarter. In the fourth quarter of FY25, the bank’s CASA to total deposit ratio stood at 18%, slightly lower than the 18.4% recorded in Q3FY25. Net interest margin rose to 7.4% from 7.3% in the previous quarter. The cost-to-income ratio increased to 64.7% in Q4FY25, compared to 63.8% in Q3FY25. On the asset quality front, the gross NPA declined to 2.5% from 2.7%, while net NPA remained stable at 0.9% across both quarters. Adjusted return on average assets improved to 2.5% from 2.3%, while adjusted return on average equity rose to 21.4%, up from 19.8% in Q3. Return on aver...

[hfe_template id='11223'] [ad_1] Shares of Paras Defence and Space Technologies have surged 40.5% over the past three trading sessions, hitting a high of Rs 1,469 on BSE, ahead of the company’s Q4 results and stock split announcement due later today. The rally has also been fuelled by rising geopolitical tensions between India and Pakistan following the Pahalgam terror attack, and positive sentiment around the Rafale-M fighter jet deal. Q4 Results and Stock Split Announcement Paras Defence’s board is scheduled to meet on April 30 to consider and approve the financial results for the quarter ended March 2025, as well as a stock split. “Pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, April 30, 2025, inter alia: i. to consider and approve the sub-division/split of existin...

[hfe_template id='11223'] [ad_1] Dollar bonds and stocks in Pakistan are poised for the worst month since 2023, as escalating tensions with neighbor India roil investor sentiment. Pakistani stocks are underperforming peers in April while dollar bonds and the rupee also fell, amid the threat of war with neighbor India. Pakistan’s Information Minister Attaullah Tarar Wednesday said India would carry out military action in the next 24 to 36 hours, adding Pakistan would respond “assuredly and decisively.” Relations between the nuclear-armed neighbors deteriorated after 26 people were killed on April 22 in an attack on an area in the Jammu and Kashmir region. New Delhi has accused Pakistan of involvement, a claim Pakistan has denied. “The outlook in the near term is uncertain and therefore we can expect further slight weakness since additionally, the US tariffs are an overhang,” said Thomas Hugger, chief executive officer and fund manager at Asia Frontier Capital Ltd. in Hong...

[hfe_template id='11223'] [ad_1] Domestic markets traded lackluster on Tuesday and ended nearly unchanged in the absence of any significant trigger. In today's trade, shares of Vedanta, Adani Power, Bajaj Finance, IndusInd Bank, BPCL among others will be in focus due to various news developments and fourth quarter results. Vedanta, Adani Power, IOC, Varun Beverages Shares of Vedanta, Adani Power, IOC and Varun Beverages will be in focus as the companies will announce their fourth quarter results today. Bajaj Finance India's largest NBFC Bajaj Finance on Tuesday recommended the issue of 4:1 bonus equity shares. The fourth quarter profit also rose 19% YoY to Rs 4,546 crore. Bajaj Finserv Bajaj Finserv on Tuesday reported a 14% jump in its Q4FY25 net profit to Rs 2,417 crore versus Rs 2,119 crore reported in the year ago period BPCL Bharat Petroleum Corporation Ltd (BPCL) reported an 8% YoY decline in its March quarter consolidated net profit at Rs 4,392 crore versu...

[hfe_template id='11223'] [ad_1] Sumant Kathpalia joins an inglorious list of private sector bank CEOs who had to resign in controversial circumstances due to mismanagement, corporate governance issues and regulatory problems. In the past five years, the CEOs of Yes Bank—the fourth largest private sector bank back then—and RBL Bank exited. The first instance was in March 2020, while the next was in December 2021. More recently, Bandhan Bank and Tamilnad Mercantile Bank (TMB) have seen CEO exits. Following is the list of private sector bank CEOs who had to quit under a regulatory glare. Rana Kapoor Kapoor had to leave the bank he co-founded after the RBI declined Yes Bank’s request for an extension because the lender had underreported NPAs for two consecutive years and the regulator found serious lapses in governance, compliance and credit culture. Deutsche Bank’s then India CEO Ravneet Gill joined the bank promising a clean-up and capital raise which never saw the light ...

[hfe_template id='11223'] [ad_1] Asian stocks edged up after the S&P 500 index advanced for a sixth day on optimism that companies will be able to weather slowing economic growth and tariff-fueled disruptions. Australian and Japanese shares climbed at the open and equity-index futures for Hong Kong pointed to a moderate gain. US stock futures edged lower after Super Micro Computer Inc. tumbled in late trading on a disappointing update. Treasuries extended this month’s advance, with 10-year yields falling for a seventh day. The dollar was little changed after strengthening on Tuesday. Gold rose and oil dropped. The stock rally faces a key test Wednesday when the US releases inflation and gross-domestic-product data, which will give investors a clue on how the economy fared just before President Donald Trump announced country-specific levies on April 2. In recent weeks, investors have taken comfort from some recent tariff reprieves and increased bets that the Federal R...

[hfe_template id='11223'] [ad_1] After 3 years of playing second fiddle, India’s most valuable stock is ready to steal the show again. Shares of Nifty heavyweight Reliance Industries Ltd (RIL) have already climbed over 12% in calendar 2025, and analysts say the old warhorse is saddling up for a full-blown re-rating as FY26 shapes into a potential inflection point. RIL’s Q4 results, which crushed Street expectations, were just the opening act. Brokers are now pegging targets as high as Rs 1,720 as against Monday’s closing price of Rs 1,368, and the mood on the Street is shifting fast. RIL’s transformation from a predominantly energy-centric empire to a digital and consumer-focused behemoth is now undeniable. "RIL’s transition to a new energy company is starting to bear fruit and we think it is back on an earnings growth path after flattish earnings in FY25. We expect a re-rating to follow this growth," Morgan Stanley analyst Mayank Maheshwari said, setting the t...

[hfe_template id='11223'] [ad_1] Aurobindo Pharma shares will be in focus on Tuesday after the company reported a fire incident at its Penicillin-G manufacturing facility in Kakinada SEZ, Andhra Pradesh, on April 27, 2025. The fire, which occurred around 10 PM IST, affected the coal crusher area, damaging some ancillary equipment. However, the core manufacturing infrastructure remained unaffected, and no injuries were reported. "On April 27, 2025, at approximately 10:00 PM (IST), a fire incident occurred in the vicinity of the coal crusher area at our Penicillin-G manufacturing facility located in Kakinada SEZ, Thondangi (M), Kakinada District - 533449, Andhra Pradesh, India," Aurobindo Pharma said in a regulatory filing. The company clarified that the incident is not expected to have a material impact on operations or financials. A thorough damage assessment is underway, and as a precautionary measure, plant operations will be paused for an estimated 20–25 day...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at 24,449 around 9:23 am. Among the Sensex constituents, IndusInd Bank, Tata Motors, Axis Bank, Reliance Industries, SBI, Bharti Airtel, and Tata Steel were the top gainers, rising up to 2% in early trade. On the flip side, Sun Pharma, Power Grid, Bajaj Finance, and Nestle India opened lower. U.S. Treasury Secretary Scott Bessent said on Monday that many top trading partners had made "very good" tariff proposals, with a potential deal with India expected soon. He indicated that an agreement could be finalised this week or next. Meanwhile, U.S. Commerce Secretary Howard Lutnick stated t...

[hfe_template id='11223'] [ad_1] Global funds are returning to Indian stocks, signaling that this month’s rally in Asia’s best-performing equity market likely has more legs. Having largely been sellers in the months since Indian benchmarks scaled records in September, foreigners are coming back amid growing optimism that a domestically-driven economy will make the South Asian nation withstand the global trade war better than most peers. A sharp advance from this month’s low already boosted India’s market’s value by $489 billion to nearly $4.4 trillion at the end of last week. Overseas funds bought $589 million of Indian shares on a net basis last Friday, marking an eighth straight day of purchases, according to data compiled by Bloomberg. The buying streak means they have now invested about $680 million in April. At one point, they were sellers of more than $3 billion for the month. “Foreigners are coming back as India is perceived to be relatively better placed than oth...

[hfe_template id='11223'] [ad_1] Paras Defence and Space Technologies shares zoomed 7.8% to an intraday high of Rs 1,127 on BSE on Monday after the company announced that its board will meet on April 30 to consider and approve a stock split along with its financial results for the quarter ended March 2025. “Pursuant to Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, April 30, 2025, inter alia: i. to consider and approve the sub-division/split of existing equity shares of the Company pursuant to the provisions of Section 61 of the Companies Act, 2013,” the company said in an exchange filing. Additionally, the company has informed that it will also consider the payment of a dividend for its equity shareholders at the same meeting. As of now, no furt...

[hfe_template id='11223'] [ad_1] Indian benchmark indices ended over 1% higher on Monday, with the BSE Sensex soaring over 1,000 points and the Nifty50 closing above 24,300. The rally was driven by heavyweight Reliance Industries after it reported better-than-expected earnings, while continued foreign inflows further boosted market sentiment. The 30-share BSE Sensex jumped 1,005.8 points, or 1.27%, to settle at 80,218, while the broader NSE Nifty gained 289 points, or 1.2%, closing at 24,328. The total market capitalization of BSE-listed companies rose by Rs 4.45 lakh crore, reaching Rs 426.03 lakh crore. All sectoral indices, except Nifty IT, ended in the green. The Nifty Auto, PSU Bank, Metal, Pharma, Realty, Healthcare, and Oil & Gas indices saw gains ranging from 1% to 3%. Here are top reasons behind today's market rally: Live Events 1) Better than expected RIL Q4 results Reliance Industries rose 5.3% after reporting a fourth-quarter profit that exceeded esti...

[hfe_template id='11223'] [ad_1] Shares of Motilal Oswal Financial Services fell as much as 4.9% to Rs 660.15 on the BSE on Monday, extending a two-day slide to 12.6% after the company posted its first quarterly loss in five years. Motilal Oswal Financial Services (MOFSL) reported a net loss of Rs 63.2 crore for the fourth quarter of FY25, compared with a profit of Rs 724 crore in the same period last year. This marked the company’s first quarterly loss since the January–March period of FY20. The loss was primarily driven by a fall in fair value changes, with a net loss of Rs 430 crore in the quarter compared to a net gain of Rs 424 crore a year ago. Total revenue from operations fell 44% year-on-year to Rs 1,190 crore during the quarter ended March 2025. However, operating profit stood at Rs 519 crore for the quarter, helping the full-year figure cross Rs 2,000 crore — a growth of 31% from the previous year. The stock had closed 8% lower at Rs 694.90 on Friday, when the...

[hfe_template id='11223'] [ad_1] Shares of Gensol Engineering extended their sourthward journey on Monday, dropping 5 per cent, to hit a fresh lower circuit limit, amid the ongoing crisis at the firm. The stock of the firm tanked 5 per cent to hit the lowest trading permissible limit as also its 52-week low of Rs 86.50 on the BSE. At the NSE, it dropped 5 per cent to Rs 85.65 -- its lower circuit as well as 52-week low level. The stock has been falling for the 13th trading day, including Monday, and has slumped 47 per cent during this time. From its 52-week high of Rs 1,125.75, the stock has lost 92.31 per cent. Brothers Anmol Singh Jaggi and Puneet Singh Jaggi, promoters of Gensol and BluSmart, are facing regulatory action by the Securities and Exchange Board of India (Sebi) over allegations of diversion of the loan money meant for EV purchase. Sebi has imposed a capital market ban on the duo, barring them from holding positions in listed companies. Live Events Gens...

[hfe_template id='11223'] [ad_1] Shares of Tata Group-owned Tejas Networks fell as much as 15.6% on Monday to Rs 726.10 on the BSE after the telecommunications equipment maker posted a consolidated net loss of Rs 71.80 crore for the fourth quarter, alongside heavy provisions for inventory write-downs. Tejas Networks reported a net loss of Rs 71.80 crore for the quarter ended March 2025, compared with a net profit of Rs 146.78 crore in the same period a year earlier. This marked the company’s first quarterly loss after four consecutive profitable quarters. While total revenue from operations surged to Rs 1,906.94 crore from Rs 1,326.88 crore a year ago, profitability was dragged down by a sharp fall in margins. Earnings before interest, tax, depreciation and amortisation (EBITDA) slumped to Rs 21 crore from Rs 306.42 crore reported in the base quarter. During the March quarter, the company made a provision of Rs 117 crore for inventory obsolescence and write-downs, taking...