GRSE shares zoom 14% after Q4 PAT jumps over 2x YoY

Garden Reach Shipbuilders & Engineers (GRSE) announced a significant surge in its Q4FY25 net profit. The company’s profit after tax (PAT) rose 118% year-on-year to ₹224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of ₹4.90 per share. The company’s Chairman expressed confidence in continued strong performance. GRSE’s stock has shown impressive […]

Breakout Stocks: How to trade Redington, BSE and APL Apollo after fresh 52-week highs

The Indian market reversed Monday’s gains, with the Sensex dropping nearly 1,300 points and the Nifty slipping below 24,600. Despite the broader weakness, BSE, Redington, and APL Apollo hit fresh 52-week highs. Analysts see breakout opportunities in these stocks, citing strong volume trends and bullish price action, with defined upside targets and stop losses for […]

New lifetime high on cards for Nifty? Deven Choksey’s market outlook amid rally

Amid market resilience, Deven Choksey anticipates Nifty potentially reaching 25,200, with corrections offering buying opportunities. He suggests IT, pharmaceuticals, and metals could drive market momentum, favoring large-cap stocks over mid and small-caps. Controlled input costs and improved capital goods demand may benefit manufacturing, with selective buying advised in IT and pharma stocks.

Market retreats 1.5% after record gains amid profit booking

Indian equity markets experienced a pullback on Tuesday, with the Nifty and Sensex declining by approximately 1.5% each, following a significant surge the previous day fueled by geopolitical developments. Profit booking and weekly Sensex expiry contributed to the downturn, while mid- and small-cap stocks showed resilience.

Asian stocks trade in narrow ranges after US rally

Asian stocks displayed cautious trading as investors awaited further market signals, following Wall Street’s recovery from earlier losses driven by easing trade tensions and lower-than-expected US inflation. Tech stocks, particularly Chinese giants like Tencent and Alibaba, are under scrutiny as their earnings reports could offer insights into navigating geopolitical uncertainties.

Vedanta plans Rs 3,500-crore bond sale to refinance debt

The bonds, expected to be issued in the last week of May, will carry a tenor of 2.5 to 3 years and are likely to be priced in the 9-9.5% range, the people said. Barclays and Citibank have been mandated to manage the issuance.

Brokers nudge investors to park idle cash in Liquid ETFs

The growing popularity of liquid ETFs has prompted a flurry of new launches, especially by various brokers and financial services firms such as Angel, Mirae, Groww, Shriram, Bajaj Finserv and Zerodha. Most of these firms have both stock broking and mutual fund arms.