On Monday, 2036 stocks advanced, 2004 declined and 128 remained unchanged, with an advance decline ratio 1.02 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 181 securities advanced and closed at a new 52-week high whereas 20 securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Bank, Nifty Media and Nifty Pharma were among the biggest gainer. Nifty IT was the only loser.
CESC’s (-1.72%) step-down subsidiary -- Purvah Green Power has entered into a framework agreement with Suzlon Energy. The agreement is for supply, EPC and operations and maintenance of wind turbines to be commissioned over next 2-4 years.
Varun Beverages (+2.56%) enhanced its portfolio with PepsiCo as the company’s wholly-owned subsidiary -- Varun Foods (Zimbabwe) entered into exclusive agreement with Premier Nutrition Trading LLC, Dubai (subsidiary of PepsiCo Inc.) to manufacture, distribute & sell snacks ‘Simba Munchiez’ in the territory of Zimbabwe on or before October 1, 2025.
Waaree Renewable Technologies (+1.83%) has received a Letter of Award (LoA) for the execution of Engineering, Procurement and Construction (EPC) works for solar power project of 30 MW DC capacity on turnkey basis. The order value is around Rs90.29 crore.
Larsen & Toubro’s (L&T) (-0.06%) fully owned subsidiary -- L&T Semiconductor Technologies (LTSCT) has signed a Master Collaboration Agreement (MCA) with Aditya Infotech to develop and supply state-of-the-art systems-on-chip (SoC) and other system solutions for CCTV cameras. Aditya Infotech is the maker of the popular CP Plus branded CCTV cameras.
Ashok Leyland (+1.81%) has bagged single largest fully built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2104 units of Viking passenger bus.
SRM Contractors (+5.25%) has signed the agreement for EPC Project of National Highway Authority of India (NHAI) for aggregate quoted price of Rs278.48 crore. The project is for Upgradation and strengthening of Nashri-Chenani section from Km. 0.00 to Km. 39.100 of NH-244 via Patnitop in the UT of Jammu and Kashmir under NH(O) on EPC mode. Construction Period is 24 Months.
Zen Technologies (+5.00%) in collaboration with its subsidiary AI Turing Technologies based in Pune, launched four new products. These IP-owned innovations - Hawkeye, Barbarik-URCWS (ultralight remote control weapon station), Prahasta, and Sthir Stab 640 - cater to a wide range of defence requirements.
Coal India Limited (CIL) (+0.30%) took steps to ease norms in e-auctions, such as lowering the earnest money deposit (EMD) and increasing the quantities offered under the auction hammer. The company also planned to modify its auction and allocation methodology, aiming to encourage increased participation.
Tata Power (+1.15%) -led power distribution companies (Discoms) invested Rs4,245 crore in infrastructure expansion and network upgrade in Odisha over the past three to four years. The company operates four Discoms in joint ventures with the government of Odisha - TP Central Odisha Distribution (TPCODL), TP Western Odisha Distribution (TPWODL), TP Southern Odisha Distribution (TPSODL), and TP Northern Odisha Distribution (TPNODL), collectively serving a customer base of over 9 million.
Earnings:
Geojit Financial Services (+16.37%): Net Sales was Rs181 crore in Q1FY25 up 65% YoY (Rs110 crore). Net Profit was Rs45.8 crore in Q1FY25 up 112% YoY (Rs22.1 crore).
Avenue Supermarts (+0.94%): Net Sales was Rs14,069 crore in Q1FY25 up 19% YoY (Rs11,865 crore). Net Profit was Rs774 crore in Q1FY25 up 17% YoY (Rs659 crore).
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
