Published on: April 1, 2025
Royal Enfield reported a remarkable 34% surge in total sales for March 2025, reaching 1,01,021 units, compared to 75,551 units in the same month last year. Domestic sales rose by 33% to 88,050 units, while exports saw a 36% increase to 12,971 units. For the fiscal year 2024-25, the company achieved its highest-ever annual sales, surpassing 10 lakh units with a total of 10,09,900 units, marking an 11% year-on-year growth.
Domestic sales for FY25 rose 8% to 9,02,757 units, while exports grew by 37% to 1,07,143 units. Royal Enfield’s Chief Executive Officer, B Govindarajan, celebrated the milestone, stating that crossing the 1 million annual sales mark is a testament to the brand’s global expansion and success. The company continues to strengthen its international presence, with new initiatives like the Thailand assembly plant and entry into Bangladesh further bolstering its global footprint.
Published on: April 1, 2025
Shares of RailTel Corporation of India (RailTel) rose by up to 1.85% to reach an intraday high of ₹308.30 on April 1, 2025, following the company’s announcement of a ₹163 crore order from Ircon International. RailTel will be responsible for providing integrated tunnel communication systems, including Railway General Telecommunication arrangements for the Sivok-Rangpo New BG Rail Line project under the Northeast Frontier Railway. The project, valued at ₹162.59 crore, is expected to be completed by March 2026.
In its Q3 FY25 results, RailTel reported a 4.7% year-on-year increase in net profit, rising to ₹65 crore, compared to ₹62.1 crore in the same period last year. Revenue from operations grew by 14.8% to ₹767.6 crore. However, the company’s EBITDA margin contracted to 15.8% from 19.4% in the previous year. Despite a slight dip in EBITDA, the order win and steady performance continue to highlight RailTel's importance in India’s telecom infrastructure development, particularly in railway communication systems.
Published on: April 1, 2025
Maruti Suzuki India Ltd. reported a record high in total sales for fiscal year 2025, with a 4.63% increase to 22,34,266 units, compared to 21,35,323 units in FY24. This includes the highest-ever annual domestic sales of 1,795,259 units and the best-ever annual exports of 3,32,585 units. However, the growth in total sales was largely driven by a surge in exports, with local car sales rising by only a marginal 0.05% to 17,60,767 units.
Despite the record-breaking export numbers, domestic demand remained subdued, particularly for small cars, hatchbacks, and sedans, even as Maruti Suzuki’s SUV segment gained traction. Sales of Maruti's popular passenger cars, including Alto, Swift, and Dzire, fell 7.7% year-on-year, while SUV sales grew by 12.12%. However, Maruti Suzuki's SUV sales still lagged behind rival Mahindra & Mahindra, which saw a 20% growth in SUV sales for FY25, boosted by new launches like the XUV 3XO and Thar Roxx.
The muted domestic sales reflect the challenges Maruti Suzuki faces in the highly competitive market, with SUV offerings from Mahindra, Hyundai, and other competitors outpacing its own.
Published on: April 1, 2025
Shares of Jio Financial Services Ltd. have rebounded 16.01% from their all-time low of Rs 198.60, reached on March 3, 2025, closing at Rs 230.40. The recovery comes after the company announced several key investments, including the allotment of 8.5 crore equity shares of Jio Payments Bank Ltd for Rs 85 crore and a previous acquisition of 7.9 crore shares from the State Bank of India for Rs 104.5 crore.
Analysts are optimistic about the short-term outlook for the stock. Technical experts suggest that a breakout above the Rs 235-240 range could trigger further upward momentum, with price targets as high as Rs 265. The stock has recently shown signs of consolidation, and support levels are seen around Rs 220-215.
Osho Krishan from Angel One highlights that Jio Financial’s stock could experience a further surge if it breaks past the Rs 235-240 resistance, while Jigar S Patel from Anand Rathi also supports the view of a potential move towards Rs 250. Despite being in a broader downtrend, the stock’s short-term prospects look positive, with volume activity and momentum indicators backing the bullish outlook.
Published on: April 1, 2025
Mumbai: Domestic markets remained range-bound on Friday, with a minor loss as the consolidation phase continued. Several key stocks will be in focus on April 1, 2025, driven by significant corporate developments.
Kesoram Industries will attract attention after Morgan Stanley sold 19.30 lakh shares at a discount, while Adani Energy Solutions’ acquisition of Mahan Transmission marks an important strategic move in its energy business. HCL Tech was selected as a Design Solution Partner for Samsung’s semiconductor program, and Asian Paints revealed plans to invest ₹3,250 crore in a new chemical manufacturing facility in Gujarat.
In the automotive sector, Force Motors secured a significant defense contract for supplying 2,978 Force Gurkha vehicles. Meanwhile, ITC is in focus after acquiring the pulp and paper business of Aditya Birla Real Estate for ₹3,498 crore. Other major announcements include NCC securing orders worth ₹5,773 crore and Engineers India bagging consultancy contracts worth ₹245 crore.
Vodafone Idea’s stock could see movement after the government announced it will convert dues into equity, and IndiGo faces a ₹944 crore penalty from the Income Tax Department. Vedanta extended its demerger deadline to September 2025, and Ola Electric is in focus due to a letter from the Ministry of Road Transport and Highways over a sales-registration mismatch.
These developments are likely to shape the market sentiment and drive trading volumes for these companies today.
Published on: April 1, 2025
Mumbai: The stock market is set to be influenced by several major corporate updates on April 1, 2025. Among the key stocks to watch today are ITC, which has entered into an agreement to acquire Century Pulp and Paper from Aditya Birla Real Estate for ₹3,500 crore, pending regulatory approvals. Vodafone Idea's stock could see movement as the government plans to convert ₹36,950 crore in dues into equity, increasing its stake in the company.
Adani Energy Solutions has completed the acquisition of Mahan Transmission and secured contracts worth ₹62,700 crore with the Ministry of Defence. Asian Paints is investing ₹3,250 crore in a new chemical manufacturing facility in Gujarat, while Vedanta has extended its deadline for the Scheme of Arrangement approval to September 2025.
NCC secured new orders worth ₹5,773 crore in March, and Engineers India has signed ₹245 crore worth of consultancy contracts. Power Mech Projects has won two major contracts, including a ₹972 crore deal with NHAI. NHPC has announced the commencement of commercial operations at its Parbati-II Hydroelectric Project.
These developments are expected to be in the spotlight and may affect the performance of their respective stocks in today's trading session.
Published on: April 1, 2025
New Delhi: Coal India Ltd. (CIL) reported coal production of 781.1 million tonnes (MT) in the financial year 2024-25, falling short of its target of 838 MT by nearly 7%. Despite this, the company saw a marginal one per cent increase in production compared to the previous year, as per a regulatory filing.
CIL's production in March 2025 also saw a dip of 3.1% compared to the same month in the previous fiscal year, amounting to 85.8 MT, down from 88.6 MT in March 2024. Several subsidiaries, including Central Coalfields Ltd (CCL), Western Coalfields Ltd (WCL), and South Eastern Coalfields Ltd (SECL), registered a decline in output.
Despite falling short of the original target, the company had previously revised its expectations for the year, setting a more realistic production target of 806-810 million tonnes. Looking ahead, CIL has set an ambitious coal production target of 868 MT for FY26.
Published on: April 1, 2025
Mumbai: Tata Consultancy Services (TCS), one of India's largest IT service providers, is set to announce its financial results for Q4 FY25 on April 10, covering the period from January to March 2025. The announcement will be made after market trading hours, with the company providing detailed insights into its performance for the quarter ending March 31, 2025.
Following the earnings release, TCS leadership will host a press conference at 5:30 pm IST, which will be broadcast live across business news channels and streamed on the company’s website and YouTube channel. Later, at 7:00 pm IST, the leadership team will conduct an earnings conference call to discuss the results in detail and answer questions from analysts and investors.
In addition to the financial results, TCS is expected to announce a final dividend, subject to approval at the upcoming 30th Annual General Meeting. Earlier in January, the company declared a third interim dividend of Rs 10 and a special dividend of Rs 66 per share.
However, TCS's stock faced some pressure on April 1, falling by as much as 2.08% due to uncertainty over US tariffs. As of 2:45 pm on April 1, TCS shares were trading 1.64% lower at Rs 3,548.05, in line with broader market trends.
Published on: April 1, 2025
Mumbai: The government's decision to increase its stake in Vodafone Idea Ltd. (VIL) is not just about numbers but about ensuring the telecom operator’s survival, said Sanjay Kapoor, former CEO of Bharti Airtel. The move follows the recent conversion of spectrum dues into equity, raising the government’s stake in VIL to nearly 49%, while promoter shareholding falls to just over 25%.
Kapoor highlighted that this financial relief allows Vodafone Idea to reduce its immediate outflows, enabling it to secure fresh funds for capital expenditure. Industry experts, including EY India's Prashant Singhal, believe this signals the government’s commitment to keeping VIL operational. Meanwhile, Satya N Gupta, former principal advisor at TRAI, questioned why the government has not yet taken a board seat.
Kapoor also noted that this development benefits competitors Reliance Jio and Bharti Airtel, as it prevents a price war. Additionally, it reduces uncertainties for Indus Towers, improving its valuation outlook.
Vodafone Idea’s stock surged 25.88% to ₹8.56 apiece, hitting the upper circuit and reaching its highest level since Feb. 21. The stock later pared gains but remained 19.56% higher at ₹8.13, even as the NSE Nifty 50 declined 1.55% in afternoon trade.
Published on: April 1, 2025
Mumbai: Bharti Airtel’s stock has broken out of its daily range, forming a strong bullish candle with high trading volume, signaling upward momentum. The Relative Strength Index (RSI) is at 66.7, reflecting growing buying pressure.
According to Mandar Bhojane, Derivatives Analyst at Choice Equity Broking, a decisive close above ₹1,760 could propel the stock toward ₹1,850 and ₹1,900 in the short term. He identifies ₹1,700 as immediate support, suggesting any pullback to this level could be a buying opportunity.
Options data reinforces this outlook, with high Put Open Interest at ₹1,700 and ₹1,640, marking them as strong support zones. Meanwhile, the highest Call Open Interest was at ₹1,800, which the stock has already breached.
Bhojane advises traders to watch for sustained price action above ₹1,760, which could trigger short-covering rallies. He also suggests deploying a Bull Call Ladder Spread, a moderately bullish options strategy that balances risk and reward while capitalizing on potential price surges.
Published on: April 1, 2025
Mumbai: Shares of BSE Ltd. climbed to a one-month high in early trade on Tuesday after the board approved a 2:1 bonus share issue, granting investors two additional shares for every share held. This marks BSE’s second such bonus issue in three years, following a similar move in February 2022. The record date for eligibility will be announced later.
The stock surged 1.65% intraday to ₹5,570, its highest level since late February, before trading 1.1% higher at 9:22 a.m. The exchange’s stock has delivered over 100% returns in the past 12 months and has risen more than 15 times since its 2017 listing.
BSE has issued dividends 22 times and two bonus share issues since its listing. Analysts remain bullish, with 10 out of 13 recommending a ‘buy’ rating. Bloomberg data indicates an average 12-month target price of ₹5,904, suggesting an 8% upside potential.
Published on: April 1, 2025
Bengaluru: L&T Technology Services (LTTS), a global leader in engineering and technology services, has secured a €50 million contract with a leading European automotive OEM. This strategic deal reinforces LTTS’s presence in the Mobility segment and cements its role as a key engineering partner in the global automotive industry.
As part of the agreement, LTTS will establish a new development center focused on Software-Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS) capabilities. This initiative aligns with the company’s commitment to delivering cutting-edge automotive engineering solutions, further strengthening its footprint in the evolving mobility landscape.
Published on: April 1, 2025
Mumbai: The Reserve Bank of India (RBI) will prioritize financial inclusion, enhanced customer service, and stronger consumer protection in the coming years, Governor Sanjay Malhotra said on Tuesday at an event marking the central bank’s 90th anniversary. He emphasized RBI’s commitment to optimizing regulatory frameworks while ensuring financial stability and efficiency.
Malhotra highlighted that the next decade will be pivotal in shaping India’s financial architecture, requiring continuous adaptation, innovation, and collaboration. He acknowledged that RBI’s role has expanded beyond its initial mandate, now navigating challenges such as global uncertainties, climate change, and rapid technological advancements.
Reaffirming RBI’s core values of integrity, transparency, and public service, Malhotra assured that the institution remains committed to maintaining public trust while embracing modernization. The event was attended by President Droupadi Murmu, Maharashtra Governor C.P. Radhakrishnan, Chief Minister Devendra Fadnavis, and top banking executives, including HSBC India’s Hitendra Dave, Axis Bank’s Amitabh Chaudhry, and Kotak Mahindra Bank’s Uday Kotak.
Published on: April 1, 2025
Mumbai: Bank Nifty faced heavy selling pressure on April 1, closing 1.43% lower at 50,827, as nine out of its 12 constituents traded in the red. HDFC Bank led the losses, falling 3% to ₹1,771, followed by ICICI Bank, which dropped 2% to ₹1,321. Kotak Mahindra Bank, Axis Bank, and other major financial stocks also witnessed declines, mirroring weakness in broader markets triggered by US President Donald Trump’s comments on reciprocal tariffs.
However, IndusInd Bank bucked the trend, rising 4% to ₹677 apiece. Market analysts highlighted that Bank Nifty's 200-day Simple Moving Average (SMA) at 51,000 remains a crucial support level. If the index stays above this mark, it could regain momentum towards 52,200–52,500. Conversely, a close below 51,000 may push the index further down to 50,400-50,500.
Despite recent volatility, technical analysts noted that Bank Nifty has been trading in a downward-sloping channel for the past six months. A rebound is possible if it holds the 50,500 level, with a potential retest of the 52,800–53,000 zone.
Published on: April 1, 2025
Mumbai: Equity markets tumbled on Tuesday as concerns over US President Donald Trump’s proposed reciprocal tariffs weighed on investor sentiment. The BSE Sensex plummeted 1,233.95 points to 76,180.97 in late morning trade, while the NSE Nifty slipped 321.5 points to 23,197.85.
Blue-chip stocks bore the brunt of the selloff, with Bajaj Finserv, HDFC Bank, Bajaj Finance, Infosys, Axis Bank, HCL Tech, Titan, Tech Mahindra, TCS, and Sun Pharma among the top losers. The sharp decline reflects heightened global uncertainty and cautious investor sentiment in response to potential trade disruptions.