Investyadnya.in
January 31, 2025 at 02:22 AM
Stock Market News (Quick Updates)
31st January 2025
Watch the full video here-
https://youtu.be/U8Rpc5PvenI
World Market
US Economy Slows in Q4
- GDP grew at 2.3% in Q4 2024, down from 3.1% in Q3, below 2.6% expectations.
- Strong domestic demand keeps the Federal Reserve on a slow path to rate cuts in 2025.
ECB Cuts Interest Rates Amid Weak Growth
- ECB cut rates by 25 bps to 2.75%, its fifth cut since June 2024.
- Eurozone Q4 GDP flatlined, missing 0.1% growth expectations.
Indian Economy
SEBI Tightens Rules on Finfluencers
- SEBI bans real-time stock price use, allowing only 3-month-old data.
- No monetary or non-monetary engagement between market entities and finfluencers.
Stock-specific News
Tata Consumer Revenue Up 17%, Margins Under Pressure
- Q3 revenue rose 17% YoY to ₹4,443 crore, in line with estimates.
- Net profit remained flat at ₹279 crore due to higher costs.
Kalyan Jewellers Q3 Profit Jumps 21%
- Net profit grew to ₹218.8 crore, revenue up 39.5% to ₹7,286.8 crore.
- EBITDA margins fell to 6% from 7.1% YoY.
L&T Reports Strong Order Inflows, Profit Misses Estimates
- Q3 net profit at ₹3,359 crore, up 14% YoY but below ₹3,762 crore estimates.
- Order inflow hit ₹1.16 lakh crore, up 53% YoY, highest-ever quarterly orders.
Max Healthcare Q3 PAT Falls 17.4%
- Net profit declined to ₹238.8 crore, while revenue rose 40% YoY.
- One-time ₹74 crore cost impacted profit due to Jaypee Healthcare acquisition.
Dr. Lal PathLabs Q3 Profit Rises 19%
- Net profit at ₹98 crore, slightly below ₹99 crore estimates.
- Revenue grew 11% YoY to ₹596.7 crore, driven by market expansion.
Vedant Fashions Q3 Net Profit Flat
- Revenue up 7.8% YoY, maintaining 67.3% gross margin.
- Strong Tier II & III city recovery, 50,000 sq. ft. retail expansion.
JSW Energy Cuts FY25 Capex to ₹10,000 Crore
- Focus shifts to O2 Power’s 2.4 GW renewable projects.
- Net debt stands at ₹26,500 crore with a 4.5x debt-to-EBITDA ratio.
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