Sebi comes out with timelines for brokers to collect margins
Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T+1 settlement day. The decision has been taken due to the shift from T+2 to T+1 settlement cycle.
Adani Total Gas Q4 Results: Cons PAT falls 8% YoY to Rs 154 crore, revenue up 15%; dividend announced
Adani Total Gas announced its Q4FY25 results. The company’s net profit witnessed a decrease of 8%, reaching Rs 154 crore. However, revenue saw a 15% increase year-on-year, totaling Rs 1,453 crore. The board has proposed a dividend of Rs 0.25 per share. Expenses for ATG rose by 21%. Shares of Adani Total Gas closed higher […]
NFO Alert: DSP Mutual Fund launches Silver ETF Fund of Fund
DSP Mutual Fund has launched the DSP Silver ETF Fund of Fund, offering investors easy access to silver without a demat account. The fund invests in DSP Silver ETF units, benefiting from industrial demand, currency depreciation, and potential price rise amid supply deficits. The NFO closes on May 9.
CSB Bank Q4 Results: Net profit rises 26% to Rs 190 crore; margins shrink
CSB Bank Q4 results: CSB Bank posted a 26% YoY rise in Q4FY24 net profit to Rs 190.44 crore, supported by strong fee and treasury income, despite lower net interest margins.
Trent Q4 Preview: Up to 29% YoY rise in revenue expected. Margins could see contraction
Trent Q4 results: Tata Group’s Trent is expected to post a Q4FY25 net profit between Rs 244–462 crore, with revenue rising 29%. Brokerages like Nuvama and Equirus foresee mixed PAT trends and margin pressures.
Sandip Sabharwal optimistic on auto stocks despite challenges in two-wheeler demand
The acquisition also seems to be reasonably priced. So, it will only add value to the company because the acquiree SML ISUZU has a good brand image in the segments in which it operates. This acquisition per se I would think is a positive development.
HAL, GRSE, other defence stocks rally up 11% amid India-Pakistan tensions, Rafale deal announcement
Shares of defence-related companies like Paras Defence, Garden Reach Shipbuilders, Data Patterns, Cochin Shipyard, Mazagon Dock Shipbuilders, and Hindustan Aeronautics rallied on Monday, amid heightened tensions at the Line of Control (LoC) following the recent Pahalgam terror attack and multiple ceasefire violations over the weekend.
Motilal Oswal Financial shares slump 13% in 2 days after Rs 63 crore loss, first in 5 years
Motilal Oswal Financial Services reported its first quarterly loss in five years, with a Q4FY25 net loss of Rs 63.2 crore, driven by a sharp fall in fair value changes. Shares fell 12.6% in two days. Despite the loss, wealth and asset management businesses posted strong growth. The company also approved a Rs 3,000 crore […]
Gensol Engineering shares tumble for 13th day; hit another lower circuit limit
Gensol Engineering’s stock faces a sharp decline, hitting a lower circuit. This comes amid Sebi’s investigation into promoters Anmol Singh Jaggi and Puneet Singh Jaggi. They are accused of diverting loan funds meant for EV purchases. Sebi has barred them from capital markets. The company’s planned stock split is also on hold.
Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing lower volume growth expectations. Meanwhile, Hindustan Zinc is expanding beyond zinc, lead, and silver into potash, gold, tungsten, and critical minerals, with an eye on lithium prospects in Rajasthan.