Published on: May 14, 2025
Bharti Airtel shares climbed 2.6% in early trade on Wednesday, touching an intraday high of ₹1,870 on the BSE following the release of strong Q4 results. By 12:13 PM, the stock pared some gains, trading at ₹1,829.55 — up 0.47%. The broader BSE Sensex rose 0.23% during the same period. Airtel’s market cap stood at ₹10.43 lakh crore, with the stock trading close to its 52-week high of ₹1,916.90.
The telecom major reported a consolidated net profit of ₹11,021.8 crore for Q4FY25, marking a 432% year-on-year increase, though sequentially it was down 25.4%. Consolidated revenue rose 6.08% to ₹47,876 crore. The average revenue per user (ARPU) stayed flat at ₹245, while the India customer base grew by 10 million to 424 million.
The company also declared a final dividend of ₹16 per fully paid share and ₹4 for partly paid shares for FY25.
Headquartered in India, Bharti Airtel operates across 15 countries, with a strong footprint in Africa and South Asia. It is one of the top three mobile operators globally and India’s largest integrated communications provider. The stock has delivered a 42% gain over the past year, outperforming the Sensex’s 11% rise.
Published on: May 14, 2025
On Wednesday, Tata Motors, Bharti Airtel, and Cipla remained in sharp focus among brokerages, with analysts offering mixed views on sector outlooks, stock ratings, and earnings expectations.
Tata Motors received divergent views — Jefferies retained an 'Underperform' rating with a marginally raised target of ₹630, citing soft Indian truck demand and intensifying EV competition. Macquarie, meanwhile, maintained an 'Outperform' rating with a higher target of ₹826, optimistic about passenger vehicle performance and cash flow generation.
Bharti Airtel's fourth-quarter results prompted Morgan Stanley to keep an 'Equal-weight' rating with a target of ₹1,870, highlighting strong India EBITDA and a 100% year-on-year increase in the final dividend. Macquarie also retained an 'Outperform' rating at ₹1,875, calling the FY26 guidance conservative yet achievable.
Cipla continued to attract positive sentiment, with Nomura reaffirming a 'Buy' rating at ₹1,780, citing strong domestic recovery and progress in low-competition product launches.
Meanwhile, BofA expects the RBI to continue its rate-cutting cycle in June, potentially lowering the repo rate by 25 basis points to 5.75%, after April CPI inflation hit a 69-month low of 3.16%. May CPI is projected to fall further to 3.07%.
Other notable brokerage updates:
Bajaj Auto saw Morgan Stanley cut earnings estimates despite maintaining an 'Overweight' call.
Hero MotoCorp attracted mixed reviews, with JPMorgan staying 'Neutral' and Goldman Sachs maintaining a 'Sell' rating.
Siemens, Syrma SGS, and AB Capital drew attention for execution risks, margin shifts, and strong life insurance contributions respectively.
In gas and petrochemicals, stocks like GAIL saw bullish calls from Macquarie and Investec on marketing margins and regulatory tailwinds.
Overall, Wednesday’s analyst commentary reflected a cautious but opportunity-driven outlook across key Indian sectors.
Published on: May 14, 2025
Bharti Airtel reported a 77% year-on-year jump in net profit to ₹5,223 crore for the quarter ended March 2025, up from ₹2,952 crore in the same quarter last year, driven largely by tariff hikes implemented in July. The company’s revenue from operations also saw robust growth, rising 27% to ₹47,876 crore from ₹37,599 crore in the March 2024 quarter.
A key highlight was the improvement in Average Revenue Per User (ARPU), which rose 17% year-on-year to ₹245, reflecting strong operational performance and effective monetization of services. The results underscore Airtel’s continued strength in the telecom sector amid competitive market dynamics and a focus on profitability.
Published on: May 14, 2025
Shares of Raymond Ltd. saw a sharp decline of 55.32% to Rs 699 apiece on Wednesday as the stock turned ex-date for the demerger of its real estate arm, Raymond Realty. The demerger, with a 1:1 share allotment ratio, entitles existing Raymond shareholders to receive one fully paid-up share of Raymond Realty for each Raymond share held, with May 14 as the record date.
The demerger plan, announced in July 2024 and approved by the National Company Law Tribunal in March, officially came into effect on May 1. The move is aimed at unlocking the value of the real estate business and attracting new investors and strategic partnerships.
Raymond Realty will be listed independently on both the NSE and BSE, with the listing date to be announced soon. As of 9:41 a.m., the Raymond stock underperformed the broader market, which saw a 0.62% gain in the NSE Nifty 50. Trading volume surged to 12 times the 30-day average, while the stock's relative strength index stood at 55.93. Despite the sharp fall, four out of five analysts covering the stock maintain a 'buy' rating, with one suggesting a 'hold'.
Published on: May 14, 2025
HBL Engineering saw its stock price surge by 8.2% intraday on Wednesday, May 14, 2025, reaching a high of ₹549.8 per share, the highest level since February 10 this year. The stock trimmed its gains slightly, trading 7.8% higher at ₹545 at 11:28 AM, outperforming the broader market, as the Nifty 50 dropped 0.54%.
This rally followed the company’s announcement that it received approval from the Research Designs and Standards Organisation (RDSO) for Version 4.0 of its Kavach System, an automatic train protection system aimed at enhancing train safety. HBL Engineering is the first company to receive this approval and can now begin deliveries against its ₹3,763.83 crore order book, with contracts expected to be completed within 24 months.
The company’s stock has surged over 21% from its lows of ₹452 earlier this month. Despite a 12% decline this year, HBL Engineering's approval news provides a boost to investor sentiment. The company is widely recognized for its contributions to various sectors, including telecommunications, defense, energy, and railways, and is a leader in backup power solutions.
The Kavach System, developed indigenously by the RDSO in collaboration with Indian vendors, aims to improve safety and operational efficiency by preventing signal-passing violations and assisting in operations during adverse conditions like fog
Published on: May 12, 2025
The Nifty IT index surged 6.5% on Monday, marking its sharpest intra-day rally since April 7, 2020, amid a strong rebound in global sentiment following the announcement of a 90-day tariff reduction pact between the US and China. At 2:12 PM, it stood as the top-performing sectoral index on the NSE, outpacing the Nifty 50's 3.5% gain.
Major gainers included Infosys, Coforge, Persistent Systems, LTIMindtree, and Oracle Financial Services Software, all rising between 7% and 8%. Wipro, HCLTech, TCS, Tech Mahindra, and Mphasis also posted robust gains of 5–6%. Analysts attribute the market optimism to positive global cues and domestic factors such as expectations of strong GDP growth, a revival in corporate earnings, falling inflation, and continued FII inflows.
Despite recent underperformance in 2025 due to recession fears and trade tensions, the Nifty IT index has outpaced the broader market over the past month, gaining 15% versus Nifty 50’s 6.7%. Brokerages like Motilal Oswal foresee margin expansion ahead, driven by revenue growth and operational efficiencies, although currency volatility could be a challenge.
Published on: May 12, 2025
Indian IT stocks surged on Monday, with the Nifty IT index jumping 6.7%—its strongest single-day performance in five years—after the United States and China agreed to temporarily reduce tariffs in a deal aimed at easing trade tensions. The rally was led by Oracle Financial Services Software, Infosys, and Coforge, which gained up to 9%.
The breakthrough deal, which cuts US tariffs on Chinese goods from 145% to 30% and China’s tariffs on US goods from 125% to 10% for 90 days, lifted sentiment across global markets. Indian IT companies, which earn a substantial share of their revenue from US clients, saw widespread buying.
Infosys gained 7.69%, Coforge rose 7.37%, and TCS climbed 5.41% to ₹3,626.50. Other gainers included Tech Mahindra, HCLTech, Wipro, and LTIMindtree, all of which ended the session in the green. The agreement has calmed fears of a global slowdown, prompting optimism across export-driven sectors like technology.
Published on: May 12, 2025
Shares of Larsen & Toubro (L&T) continued their post-Q4 earnings rally, rising 3.6% on Monday and marking a 7.4% gain over the last two sessions. The stock breached its 200-Day Moving Average (₹3,515) for the first time since January 8, 2025—a technical indicator often viewed as a bullish signal.
L&T closed at ₹3,565, with technical charts indicating upside potential of up to 10.8%, targeting ₹3,950 upon a breakout above the ₹3,630–₹3,660 resistance zone.
Following the company’s Q4 results, which showed a 25% YoY net profit jump to ₹5,497 crore and revenue growth of 10.9% to ₹74,392 crore, Nomura reiterated a 'Buy' rating but trimmed its price target from ₹3,820 to ₹3,670 citing a lukewarm margin outlook. The company has guided for 15% revenue growth and an 8.5% core EBITDA margin in FY26.
Published on: May 12, 2025
IndusInd Bank shares rose on Monday, ending a two-day losing streak, after the bank responded to media reports about an audit report by Grant Thornton pointing to possible insider trading. The stock climbed as much as 2.42% to ₹838, its highest level since May 5, before paring gains to trade at ₹826.55, up 1.02% by 9:41 a.m.
The rise came despite concerns flagged in the April 26 report, which cited incorrect accounting of internal derivative trades—particularly on early terminations—resulting in notional profits. The bank stated it is reviewing the findings to determine appropriate actions under insider trading regulations.
Senior management changes have already followed, and further scrutiny of employees is likely. IndusInd’s board is working to fix accountability and realign roles. The stock has gained 41.01% over the past year and 14.72% year-to-date, with trading volume surging over 13 times its 30-day average. Of 34 analysts tracking the stock, 18 recommend ‘buy,’ 18 ‘hold,’ and 8 ‘sell,’ with an average 12-month price target indicating a 3.4% potential upside.
Published on: May 12, 2025
Shares of Yes Bank closed over 2% higher on Monday, May 12, after State Bank of India and seven other lenders announced plans to sell a 20% combined stake in the bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for ₹13,483 crore. The stock settled at ₹20.40 on the BSE, up 2%, after hitting an intraday high of ₹21.74—a gain of 8.7%.
On the NSE, it closed at ₹20.49, rising 2.34%, with an intraday peak of ₹21.70. The announcement boosted Yes Bank’s market capitalization by ₹1,258 crore, reflecting investor optimism over the strategic investment by SMBC.
Published on: May 12, 2025
India’s consumer inflation is projected to have eased to a nearly six-year low in April 2025, driven by a continued decline in food prices, according to a Reuters poll of 43 economists conducted between May 5 and 8. The Consumer Price Index (CPI)-based inflation likely dropped to 3.27%, down from 3.34% in March, staying below the Reserve Bank of India’s 4% medium-term target for the third consecutive month.
This slowdown comes despite intense heatwaves, as a robust harvest helped keep food inflation in check. Forecasts ranged from 2.8% to 4.0%, with the April inflation data scheduled for release on Tuesday at 1030 GMT due to a public holiday.
Analysts expect core inflation to moderate to 4.0%, while wholesale inflation may have fallen to 1.76%. Meanwhile, gold prices surged 5% in April amid global uncertainties. With inflation cooling and a favourable monsoon forecast, the RBI may have more flexibility to cut rates to support economic growth.
Published on: May 12, 2025
Integrity Infrabuild Developers, a Gujarat-based civil construction firm, is launching its initial public offering (IPO) on Tuesday, May 13, 2025, aiming to raise ₹12 crore through a fresh issue of 1.2 million equity shares. With no offer-for-sale (OFS) component, the IPO is priced at ₹100 per share.
The issue is open for three days, closing on May 15. Retail investors must apply for a minimum lot of 1,200 shares, requiring a ₹1.2 lakh investment. The company plans to use ₹5.03 crore for purchasing machinery, ₹3.64 crore for working capital, and ₹2.40 crore for general corporate purposes. Shares will be listed on NSE Emerge by May 20.
The IPO is managed by Aryaman Financial Services, with MUFG Intime India as the registrar. As of March 31, 2025, the company has an active order book of ₹163.06 crore. For FY25, it posted a 42.9% revenue growth and more than doubled its profit.
Published on: May 12, 2025
Tata Motors’ shares surged by up to 3.4% on Monday, reaching Rs 732.55 on the BSE, continuing a strong rally that has seen the stock rise over 13% in May. The rally follows investor optimism ahead of the company’s upcoming fourth-quarter earnings announcement on May 13, as well as expectations of a potential dividend declaration for FY25.
A key factor boosting investor sentiment is the improved trade visibility for Jaguar Land Rover (JLR), Tata Motors' luxury vehicle subsidiary. Recent developments, including a revised tariff regime for UK-made vehicles under the UK-US trade agreement and an India-UK Free Trade Agreement, are expected to positively impact JLR’s margins and sales.
Further supporting the rally, JLR’s solid sales growth in North America and Europe, coupled with the company’s demerger plan to split operations into two distinct businesses, has added to the positive outlook. With the stock rebounding by nearly 37% from its April low, technical indicators show healthy buying interest, suggesting the momentum could continue without the stock entering overbought territory.
Published on: May 12, 2025
Only a small fraction of Indian listed companies—309 out of 5,608—are tracked by more than 10 analysts, and many of these stocks are currently trading below their lowest target prices, with some experiencing discounts as high as 38%. Among the stocks with the largest discrepancies are Sunteck Realty, Sonata Software, Dhanuka Agritech, REC, and Mold-Tek Packaging, which are all trading over 25% lower than their lowest target prices.
Analysts remain bullish on these companies due to their solid business prospects. However, concerns such as heavy reliance on a single market, regulatory risks, and challenges in scaling operations have raised red flags. For instance, while Sunteck Realty's portfolio expansion and debt-free status are promising, its exposure to the Mumbai market remains a concern. Similarly, Sonata Software's strong order book and AI deals face pressure from underperforming tech clients.
As these companies continue to face challenges, investors are left wondering whether analysts should revise their target prices or if the potential for upward movement remains intact in the troubled market.
Published on: May 12, 2025
Vedanta, led by Anil Agarwal, is expanding its exploration of critical mineral assets in India, with a focus on key states including Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh.
The company is targeting essential minerals like copper, nickel, cobalt, chromium, vanadium, tungsten, and Platinum Grade Elements (PGEs) to meet the rising demand driven by energy-efficient technologies, such as wind turbines, electric vehicles, and electricity networks.
The move is aligned with India's strategic push for mineral security, as global demand for these critical materials surges in line with the energy transition.