L&T back on investor radar amid strong order book, hopes of margin improvement
Larsen & Toubro shares rose 8% in three sessions after reporting record FY25 order inflow and a 24% YoY jump in Q4 orders, largely from global markets. With improved margins expected and strong future pipeline guidance, analysts retain a ‘Buy’ rating.
Defence PSU GRSE FY25 profit surges 48% to Rs 527 crore
Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has recorded a profit after tax (PAT) of Rs 527 crore in 2024-25, registering a growth of 48 per cent over Rs 357 crore of net profit in the previous fiscal, an official said on Tuesday. The company posted a 39 per cent growth in total […]
Metropolis Healthcare Q4 Results: Profit dips 19% to Rs 29 crore
Metropolis Healthcare on Tuesday said its consolidated net profit declined 19 per cent to Rs 29 crore in the fourth quarter ended March quarter 2025. The diagnostics chain had reported a net profit of Rs 36 crore for the January-March period of FY24.
Virtual Galaxy Infotech IPO booked 23 times on Day 3; GMP indicates 53% listing premium
Virtual Galaxy Infotech’s IPO witnessed strong investor interest, subscribing nearly 23 times with a healthy grey market premium of around Rs 75. The IPO aims to raise Rs 93.29 crore for capital expenditure and business development. The company, founded in 1997, has shown strong financial growth, with revenue increasing to Rs 63 crore in FY24.
Sebi easing norms for foreign investors buying only government bonds
India’s markets regulator has proposed to reduce regulatory requirements for foreign investors investing exclusively in the country’s government bonds, it said on Tuesday, as it looks to boost investments in these securities.
Expect a big move in metals; stick to quality largecaps: Gautam Shah
Gautam Shah of Goldilocks Premium Research suggests gold may consolidate after reaching a short-term peak. He anticipates a significant rally in metals, forecasting the metals index to hit 10,500. Jindal Group stocks are particularly attractive, with potential gains of 15% to 30%. Investors should focus on quality large-caps amid global volatility. Silver is also expected […]
Gold Price Today: Gold prices drop by Rs 6,500/10 gm from record high level, silver at Rs 96,287/kg
Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a low of Rs 92,975/10 grams, while silver contracts saw a slight increase. Analysts suggest monitoring volatility and recommend buying silver on dips, advising caution with gold trading in the current […]
Foreign investors continue to show confidence in India despite global uncertainty: Pratik Gupta
Kotak Institutional Equities reports a weak earnings environment. Management commentary remains neutral. Nifty earnings growth is expected to be around 10%. Optimism exists regarding tariffs and geopolitics. Concerns persist about a global slowdown. Investors are closely watching RBI’s liquidity support and interest rates. A good monsoon is anticipated to boost consumption. Regulatory changes are expected […]
Kotak Equities reshuffles model portfolio; adds IndiGo, Pidilite; reduces Dabur. Here’s what changed
Kotak Institutional Equities rebalanced its model portfolio, raising weights in InterGlobe Aviation and Pidilite Industries while dropping Dabur due to poor execution. Despite geopolitical tensions, markets remain resilient with strong FPI inflows. However, Kotak stays cautious on high valuations, muted earnings growth, and pressures in mid- and small-cap stocks.
Pharma stocks rally up to 4%, but will Trump order really have minimal impact?
The Nifty Pharma index gained around 2% on Tuesday, defying the broader market trend, as the Nifty slipped nearly 0.5% amid profit-booking following Monday’s sharp rally — the strongest single-day gain in the past four years for the benchmark indices.