GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Ircon International climbed as much as 8.1% on Friday to Rs 191.9 on the BSE after the company announced a work order worth Rs 51.61 crore from North Western Railway for installing a Remote Diagnostic and Predictive Maintenance System across multiple divisions in Rajasthan. In a filing dated May 15, Ircon International disclosed the receipt of a Letter of Acceptance from North Western Railway for the provision of a Remote Diagnostic & Predictive Maintenance System. The project covers the RE-MD section of Jaipur Division, MD-PNU section of Ajmer Division, RE-BTI section of Bikaner Division, and MTD-LUNI section of Jodhpur Division. The total value of the order is Rs 51.61 crore and the contract is scheduled to be completed within 24 months. The company clarified in its statement that the order is a domestic work contract and does not fall under related party transactions. Stock performance and technicals Ircon shares have gai...

[hfe_template id='11223'] [ad_1] The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US following upbeat comments by Trump. Corporate India has seized the momentum: Shapoorji Pallonji Group secured a $3.4 billion private credit deal, and Reliance Industries Ltd. locked in a $2.98 billion-equivalent loan, underscoring the rising appeal of the nation’s corporate debt to global investors. Behind this renewed enthusiasm lies a mix of favorable macroeconomic forces. Policymakers in New Delhi are targeting what they see as a once-in-a-generation chance to integrate the country more deeply into global supply chains. Meanwhile, in Mumbai, the Reserve Bank of India’s dovish stance is also supporting the bullish mood — bond yields are trading at their lowest levels in over three years. Bloomberg “India can be a big winner of Trump 2.0 if it plays its cards right,” said Trinh ...

[hfe_template id='11223'] [ad_1] Patanjali Foods shares are expected to be in focus on Friday, May 16, after the company reported a substantial 74.3% year-on-year (YoY) surge in its net profit for the fourth quarter ended March 2025 (Q4FY25). The profit after tax (PAT) increased to Rs 359 crore in Q4FY25 from Rs 206 crore in Q4FY24. However, on a quarter-on-quarter (QoQ) basis, PAT declined by 3.2% compared to Rs 371 crore in Q3FY25. The revenue from operations for the March quarter stood at Rs 9,692 crore, marking a 17.8% YoY increase from Rs 8,228 crore in the same period last year. Sequentially, the revenue rose by 6.3% from Rs 9,120 crore in Q3FY25. The total income for the quarter was Rs 9,744.74 crore, a 16.73% YoY rise from Rs 8,348.03 crore in Q4FY24. The quarterly gross profit reached Rs 1,656.39 crore, with a gross profit margin of 17.09%. In terms of EBITDA, Patanjali Foods reported Rs 569 crore in Q4FY25, reflecting a 14.5% YoY increase from Rs 497 crore in t...

[hfe_template id='11223'] [ad_1] Brigade Enterprises shares will remain in attention on Thursday after the company reported a 20% YoY surge in its Q4FY25 PAT at Rs 246.8 crore. The company also announced the acquisition of a land parcel with a development potential of 0.8 million square feet. Here are the details: Brigade Enterprises Q4 results Brigade Enterprises reported a 19.8% year-on-year rise in net profit to Rs 246.8 crore for the fourth quarter ended March 31, 2025. In the same quarter of the previous fiscal, the realty firm had posted a net profit of Rs 206 crore. Meanwhile, the real estate firm’s revenue from operations declined by 14.2% YoY to Rs 1,460.4 crore, down from Rs 1,702.4 crore in the corresponding period of the previous year. However, for the full financial year, the revenue stood at Rs 5,314 crore, an increase of 5% over FY24. Additionally, the company has recorded its hiighest-ever real estate sales value of Rs 7,847 crore in FY25. This is a growt...

[hfe_template id='11223'] [ad_1] Brokerage firms offer varied perspectives on select stocks. Morgan Stanley is optimistic about Aditya Birla Capital, citing improvements across business segments and re-rating potential. Synopsis Brokerage firms provide insights on select stocks. Morgan Stanley is optimistic about Aditya Birla Capital, citing improvements across business segments. Nuvama maintains a Buy rating on Jubilant Ingrevia, highlighting solid margins. However, Nuvama is cautious on Tata Motors, reducing its target price due to muted growth projections. These recommendations offer a mixed outlook for investors. Brokerage firms have shared their latest views on select stocks, offering a mix of bullish and cautious takes for the next 12 months.Morgan Stanley remains upbeat on Aditya Birla Capital, citing broad-based improvements across business segments and potential for re-rating.Meanwhile, Nuvama Institutional Equities has reaffirmed a Buy on Jubilant Ingrevia, hig...

[hfe_template id='11223'] [ad_1] Shares of BSE rose 4.4% to their day’s high of Rs 7,265 on the NSE on Tuesday after the company’s board announced a total final dividend of Rs 23 per share for its shareholders while announcing the Q4 results, fixing May 14 as the record date for determining the shareholder eligibility for the same. The total dividend of Rs 23 consists of a special dividend of Rs 5 per share to commemorate 150 years of BSE, along with a regular dividend of Rs 18 per share. “This is to inform that the Board of Directors of BSE Limited (“the Company”) at its meeting held on Tuesday, May 6, 2025 (i.e., today), inter-alia, considered and approved the following: Recommended payment of a special dividend of Rs 5/- to commemorate the 150th year of BSE Limited and a payment of Rs 18/- as a regular dividend resulting into a final dividend of Rs 23/- per equity share of face value of Rs 2 each,” the company said in an exchange filing. Since the record date has been...

[hfe_template id='11223'] [ad_1] Indian benchmark indices ended with weekly declines of 1.4% amid growing tension between India and Pakistan. But a Saturday peace breakthrough between the two countries could calm the markets when they resume trade on Monday. A host of other important domestic and global events lined-up during the week, are also likely to impact the D-Street. On Friday, Nifty declined 265.80 points or 1.1% to end the day at 24,008. Selling pressure was across sectors but more prominent in private banks, realty and energy stocks. "Following a period of consolidation, Indian equity benchmarks experienced a sharp correction amid escalating geopolitical tensions between India and Pakistan, which fueled market volatility and triggered a shift toward risk-off sentiment. Geopolitical developments, particularly the ongoing tensions with Pakistan, will continue to remain in focus," Ajit Mishra, Senior Vice President, Research, Religare Broking said. Mark...

[hfe_template id='11223'] [ad_1] Despite heightened tensions at the borders, the announcement of an India-Pakistan ceasefire is expected to set Indian markets on an upward trajectory this week. The markets, which had been recovering from a recent correction, took a hit as tensions between the two countries escalated. Headline indices Sensex and Nifty fell over 1% on Friday. T However, it should be noted that the Indian government has said Pakistan violated the ceasefire agreement along the Line of Control (LOC) and the situation remains evolving by the minute. During the conflict, the stocks showed resilience with no major correction, which indicates strong underlying confidence. The ceasefire news is likely to further bolster that and support a market rebound. "With the announcement of a ceasefire, the lingering fear among investors is expected to ease further. As a result, we anticipate a positive start to the week," said Shruti Jain, Chief Strategy Officer, ...

[hfe_template id='11223'] [ad_1] Biocon shares are expected to be in the spotlight on Friday, May 9, after the company reported a significant 153% year-on-year (YoY) surge in its net profit to Rs 344 crore for the fourth quarter of the financial year 2025. Additionally, the company also posted consolidated revenue of Rs 4,454 crore, marking a 15% YoY increase on a like-for-like basis. The operating revenue rose by 15% to Rs 4,417 crore, after adjusting for BFI revenue. EBITDA surged by 16% to Rs 1,115 crore, with an EBITDA margin of 25%. Core EBITDA increased by 16% to Rs 1,363 crore, reflecting a core EBITDA margin of 31%. Additionally, Biocon invested Rs 231 crore in net R&D, representing 7% of revenue, excluding Syngene. Segment-wise, the Generics division, encompassing APIs and generic formulations, delivered revenue of Rs 1,048 crore, up 46% year-on-year. The Research Services segment, represented by Syngene, recorded Rs 1,018 crore in revenue, an 11% rise. Live...

[hfe_template id='11223'] [ad_1] India’s top telecom stocks, including Bharti Airtel and Vodafone Idea, were set to be in the spotlight on Thursday after the country’s telecom regulator released March subscriber data showing a continued expansion in user base for market leaders Airtel and Reliance Jio Infocomm, while Vodafone Idea held steady. According to data published by the Telecom Regulatory Authority of India (TRAI), Reliance Jio remained the top wireless broadband provider with 465.10 million subscribers as of March-end. Bharti Airtel followed with 280.76 million users. Together, the two operators accounted for nearly 79% of India’s total wireless broadband market. Vodafone Idea retained its third position with a flat subscriber count of 126.40 million. State-owned BSNL trailed with 30.23 million wireless broadband users, continuing to struggle due to delays in its 4G rollout and mounting competitive pressure. Mobile user growth driven by rural uptake India’s tota...

[hfe_template id='11223'] [ad_1] Shares of Tata Motors are likely to be in focus on Wednesday after the company announced that shareholders have approved its plan to split into two listed entities, separating its passenger vehicle (PV) and commercial vehicle (CV) businesses. The restructuring move, first announced in March 2024, aims to unlock value by allowing each business to pursue independent growth strategies. The PV unit includes the luxury Jaguar Land Rover (JLR) brand, while the CV arm focuses on trucks, buses, and other commercial offerings. According to an exchange filing on Tuesday, the demerger plan was approved by 99.9995% of shareholders, with each receiving equal stakes in the two new listed companies. Also Read: Defence stocks in focus as India strikes terror camps in Pakistan, PoK under ‘Operation Sindoor’ Earlier last week, Tata Motors reported a 6.1% year-on-year decline in total vehicle sales to 72,753 units in April 2025, down from 77,521 units in 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] 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...