
Wealth Creation
May 21, 2025 at 03:25 AM
Morning Update 21-05-2025 :
NIFTY:
Nifty opened with a gap-up from the previous day, but early selling pressure quickly took control, dragging the index into negative territory. It made a brief attempt to recover, but the weakness persisted as the session progressed, ending the day lower. View is sideways to negative.
BANK NIFTY:
Bank Nifty opened on a positive note but quickly slipped and moved within a narrow range while trying to regain ground. However, continued selling pressure weighed on the index, causing it to drift lower steadily and end the session in the red. View is sideways to negative.
Nifty 50
Support Level : 24500
Resistance Level : 25000
Bank Nifty
Support Level : 54000
Resistance Level : 55500
Result corner
Torrent Pharma Q4 YoY
• Revenue: ₹2,959 cr vs ₹2,745 cr – Growth
• EBITDA: ₹964 cr vs ₹883 cr – Growth
• EBITDA Margin: 32.6% vs 32.2% – Expansion
• Net Profit: ₹498 cr vs ₹449 cr – Growth
Aster DM Healthcare Q4 YoY
• Revenue: ₹1,000 cr vs ₹974 cr – Growth
• EBITDA: ₹192 cr vs ₹159 cr – Growth
• EBITDA Margin: 19.2% vs 16.4% – Expansion
• Net Profit: ₹79 cr vs loss of ₹24 cr – Turnaround
JK Tyre & Industries Q4 YoY
• Revenue: ₹2,674 cr vs ₹2,616 cr – Growth
• EBITDA: ₹263 cr vs ₹333 cr – Decline
• EBITDA Margin: 9.8% vs 12.7% – Contraction
• Net Profit: ₹96.5 cr vs ₹146 cr – Decline
Dredging Corporation Q4 YoY
• Revenue: ₹307 cr vs ₹254 cr – Growth
• EBITDA: ₹72 cr vs ₹57 cr – Growth
• EBITDA Margin: 23.5% vs 22.4% – Expansion
• Net Profit: ₹42 cr vs ₹29 cr – Growth
Arvind SmartSpaces Q4 YoY
• Revenue: ₹190 cr vs ₹111 cr – Growth
• EBITDA: ₹37 cr vs ₹33 cr – Growth
• EBITDA Margin: 19.5% vs 29.8% – Contraction
• Net Profit: ₹22 cr vs ₹11 cr – Growth
GSFC Q4 YoY
• Revenue: ₹1,922 cr vs ₹1,965 cr – Decline
• EBITDA: ₹80 cr vs ₹26 cr – Growth
• EBITDA Margin: 4.2% vs 1.3% – Expansion
• Net Profit: ₹71.7 cr vs ₹24.7 cr – Growth
Stocks in news
-HINDALCO to acquire coal block owner EMMRL for long-term fuel security
-MARUTI Motorcycle India to set up ₹1,200 cr manufacturing plant in Haryana
-BLSE to expand Business Correspondent network to 60,000 agents
-NIACL to launch parametric insurance for climate risks: CMD
-NAZARA completes acquisition of UK-based Curve Games for ₹247 cr
-TORNTPHARM Board approved fundraising of ₹5,000 crore via QIP
-SBIN Company approved raising up to $3 billion via foreign currency bonds in multiple tranches
-PICCADIL Becomes The 1st Indian Alcobev Company to Adapt NFC Technology
-KPIGREEN gets transmission connectivity for subsi's 642.6 MW wind project
Quick Takeaways
-India needs 5% agri growth yearly to become developed by 2047: Chouhan
-India eyes cheap oil to refill strategic reserves amid geopolitical turmoil
-India's infrastructure output grows 0.5% in April against 4.6% in March
-FSSAI asks States to curb use of illegal ripening agents, synthetic coatings on fruits
F&O Stocks in Ban : Manappuram Finance Ltd., RBL Bank Ltd.