On Wednesday, 2219 stocks advanced, 1673 declined and 154 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.33 indicating a positive closing in the broader market, as foreign portfolio investors continues to remain positive. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 26 securities advanced and closed at a new 52-week high whereas 95 securities sank to close at their new 52-week lows. In sectoral indices, Nifty FMCG and Nifty Pharma were among the biggest losers. Nifty Auto, Nifty Media and Nifty Metal were among the biggest gainers.
Gujarat Themis Biosyn (+4.41%) announced the commencement of commercial production at its newly established active pharmaceutical ingredients (API) plant located at Vapi, Gujarat. It anticipates that this new facility will support its forward integration initiatives and strengthen its presence in export markets, particularly in the United States and Europe.
National Stock Exchange of India (NSE) and BSE reportedly restricted website access for international users amid cyber threat concerns. Authorities are prioritizing the security of market infrastructure, and the move is intended to safeguard trading systems from potential external disruptions.
Solex Energy (-2.00%) announced that it has been awarded a Rs451.41 crore order from KPI Green Energy to supply solar modules for KPI Green's Gujarat Urja Vikas Nigam Limited (GUVNL) projects. These modules will be part of KPI Green's independent power producer portfolio.
Welspun Corp (+0.26%) secured export order worth Rs1,950 or the supply of longitudinal submerged arc welding (LSAW) line pipes and bends. LSAW pipes are primarily used for the transportation of liquids and gases. Its consolidated global order book has reached approximately Rs19,300 crore.
Indian government approved a National Scheme for Industrial Training Institute (ITI) upgradation and the establishment of five National Centres of Excellence for Skilling, with a total financial outlay of Rs60,000 crore ($7.2 billion). This significant initiative aims to transform India's vocational education landscape.
In Q4FY24-25, Cartrade Tech (-2.42%) sales increased by 17.24% y-o-y to reach Rs170 crore, while operating profit surged by 69.23% y-o-y to reach Rs46.2 crore and Net profit increased significantly by 98.40% y-o-y to reach Rs46.1 crore.
In Q4FY24-25, Craftsman Automation (-2.52%) sales increased significantly by 58.28% y-o-y to reach Rs1,749 crore, while operating profit increased by 17.87% y-o-y to reach Rs244 crore and Net profit decreased by 5.25% y-o-y to reach Rs66.8 crore.
In Q4FY24-25, MRF (+4.02%) sales increased by 11.43% y-o-y to reach Rs7,075 crore, while operating profit increased by 18.31% y-o-y to reach Rs1,079 crore and Net profit increased by 29.29% y-o-y to reach Rs512 crore.
In Q4FY24-25, APL Apollo Tubes (+3.04%) sales increased by 15.60% y-o-y to reach Rs5,509 crore, while operating profit surged by 47.86% y-o-y to reach Rs414 crore and Net profit increased significantly by 72.35% y-o-y to reach Rs293 crore.
In Q4FY24-25, Wonderla Holidays (-3.64%) sales decreased by 2.91% y-o-y to reach Rs96.8 crore, while operating profit decreased significantly by 44.35% y-o-y to reach Rs19.7 crore and Net profit decreased substantially by 51.33% y-o-y to reach Rs11.0 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: