GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Samvardhana Motherson rose over 4% to Rs 158.60 on the BSE on Friday after the company reported a 20% year-on-year (YoY) increase in net profit for Q4FY25, and announced a 1:2 bonus issue. The auto component major posted a net profit of Rs 1,050.5 crore for the March quarter, up from Rs 878.63 crore in the same period last year. Revenue from operations grew 6% YoY to Rs 29,316.83 crore, compared to Rs 27,665.92 crore in Q4FY24. Alongside its earnings, the company’s board recommended a 1:2 bonus issue, meaning shareholders will receive one bonus share for every two shares held, subject to approval at the upcoming general meeting. Also read: Bharat Dynamics shares rally 6% as govt plans Rs 40,000 crore defence R&D push The board also proposed a final dividend of Rs 0.35 per equity share for FY25. The record date for dividend eligibility is set for June 23, and if approved at the AGM, the payment will be made on or before Septe...

[hfe_template id='11223'] [ad_1] India, having drawn over USD 1 trn in FDI and led Asia’s IPO surge, stands ready to define a new growth story. But no nation accelerates on global highways with domestic wheels held back. Restrictions born of a bygone era meant for an unsteady past must now yield to a resilient, transparent, and well-regulated India. After the security market debacle that spanned the 90s and early 2000s, regulators intervened and restricted banks from financing sensitive sectors like stock purchases, real estate, gems & jewelry, etc. effectively not permitting banks to finance equity beyond a certain limit. These strictures were placed considering market volatility and lack of institutional capacity with banks in risk measuring and management. Acquisition financing refers to debt funding used specifically to acquire equity. It is essentially a loan taken to buy another company. Globally, this is a common tool in M&A transactions, often forming par...

[hfe_template id='11223'] [ad_1] Shares of Birlasoft Ltd have dropped 6.4% over two sessions since the company reported its fourth-quarter earnings, with the stock falling as much as 5.8% on Friday to Rs 396 on the BSE. The slide comes after the IT services firm posted a sequential decline in revenue and a tepid outlook, prompting Nuvama Institutional Equities to slash its target price and reiterate a negative stance. Nuvama lowered its 12-month target price on Birlasoft to Rs 350 from Rs 370, maintaining a ‘reduce’ rating. The revised target implies a potential downside of about 11.6% from Friday’s low. "Birlasoft reported weak Q4FY25 results," Nuvama said in a post-results note, adding that the company missed the brokerage's estimates. “Birlasoft continues to disappoint on revenue growth,” it added, citing the weakest annual growth across its coverage universe apart from Wipro. For the March quarter, Birlasoft’s consolidated revenue fell 3.36% QoQ to Rs 1...

[hfe_template id='11223'] [ad_1] Bajaj Auto shares slipped 2.5% to their day’s low of Rs 8,650.10 on the BSE on Friday after the company reported a 10% year-on-year decline in its consolidated net profit for Q4FY25, which stood at Rs 1,802 crore compared to Rs 2,011 crore in the same quarter last year. Revenue from operations rose 9% year-on-year to Rs 12,646 crore, up from Rs 11,555 crore in Q4FY24. However, on a sequential basis, profit after tax (PAT) declined 18% from Rs 2,196 crore in Q3FY25, while total revenue dipped 4% from Rs 13,169 crore in the October-December quarter. On a standalone basis, Bajaj Auto reported a 6% YoY rise in net profit to Rs 2,049 crore from Rs 1,936 crore, while total revenue increased 6% to Rs 12,148 crore from Rs 11,485 crore. The company called FY25 a record year on revenue and profits marked by a resilient performance on ICE and the rapid scale-up to leadership in electric. Also Read: These 10 Nifty microcap stocks can rally 70-200% in...

[hfe_template id='11223'] [ad_1] Vodafone Idea shares are likely to be in focus on Friday as the telecom company is set to announce its financial results for the fourth quarter of FY25, wherein domestic brokerage firm ICICI Securities expects its loss to widen to Rs 7,626.10 crore in Q4FY25. ICICI Securities has released its estimates for the quarter, projecting that Vodafone Idea will report a widening of net loss to Rs 7,626.10 crore in Q4FY25, compared to a loss of Rs 7674.0 crore in the same quarter last year. On a sequential basis, the loss is expected to increase from Rs 6,609.3 crore reported in Q3FY25. The firm estimates the company’s revenue for the quarter at Rs 10,982.7 crore, down 1.2% quarter-on-quarter but up 3.5% year-on-year. EBITDA is projected at Rs 4468.09 crore, reflecting a decline of 5.2% QoQ but a growth of 3.1% YoY. Additionally, the EBITDA margin is expected to shrink by 170 basis points to 40.7% compared to the previous quarter. Live Events The ...

[hfe_template id='11223'] [ad_1] State-owned NBCC shares will be in focus on Friday after the company reported a 29.4% year-on-year rise in net profit to Rs 176 crore for the quarter ended 31 March 2025, up from Rs 136 crore in the same period last year. Revenue rose 16.2% to Rs 4,642.5 crore from Rs 3,996.3 crore in Q4FY24. At the operating level, EBITDA increased 19.3% YoY to Rs 290 crore, compared to Rs 243.2 crore a year ago. The EBITDA margin stood at 6.25%, up from 6.09% in the corresponding quarter of the previous fiscal. The board recommended a final dividend of Rs 0.14 per equity share of face value Rs 1 each for FY25, to be paid within 30 days of declaration, subject to shareholder approval at the upcoming AGM. Also read: India may float paper on crypto assets norms in June Live Events NBCC share price target According to Trendlyne, the average target price for NBCC stands at Rs 119, suggesting a potential upside of nearly 2% from current levels. Of the two ana...

[hfe_template id='11223'] [ad_1] Shares of Gensol Engineering are expected to be in focus on Thursday following reports that the National Company Law Tribunal (NCLT), Ahmedabad bench, has directed the freezing and attachment of assets linked to 37 individuals and entities associated with Gensol, including its promoters and affiliates According to a report by CNBC TV-18, NCLT initiated this strong action against the company on May 28. The action stems from accusations of financial misconduct, including diversion of funds, falsification of financial records, and unauthorised sale of assets. The company is also alleged to have defaulted on substantial loan repayments while continuing to claim otherwise. The Ministry of Corporate Affairs (MCA), the Securities and Exchange Board of India (SEBI), the Serious Fraud Investigation Office (SFIO), the Reserve Bank of India (RBI), and the Income Tax Department are among the agencies involved in a coordinated probe into the matter, w...