Indian benchmark indices extended their downward momentum throughout the session, ending in red.
The BSE and the NSE benchmark indices settled in red on Tuesday amid concerns around further escalation in the India-Pakistan conflict and impact of US-China trade talks.
At the closing bell, the BSE Sensex closed lower by 1,218 points (down 1.5%).
Meanwhile, the NSE Nifty closed points 346 lower (down 3.8%).
Sun Pharma, Adani Ports, Bajaj Finance among the top gainers today
Infosys, HCL Tech, Bharti Airtel on the other hand, were among the top losers today.
The BSE MidCap index ended 0.2% higher and BSE SmallCap index ended 0.9% higher.
Sectoral indices were trading mixed today with stocks in media sector and IT sector witnessing selling pressure. Meanwhile, stocks in healthcare and services sector witnessed buying.
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Zaggle Prepaid shares will be in focus today.
Its shares surged 8% on Tuesday as company reported a 67% rise in its Q4FY25.
The company's net profit rose 66.8% to Rs 0.3 billion (bn) of Q4FY25 and revenue from operations rising 50.5% to Rs 4.1 bn.
The company's profit before tax (PBT) grew 62.2% to Rs 0.4 bn and EBITDA rose 34.6% to Rs 0.3 bn. However, EBITDA margin slightly decreased to 8.9% due to increased costs.
UPL shares will also be a top buzzing stock.
shares of UPL dropped 5% to Rs 641.4 after the company announced its Q4FY25.
The company reported a strong Q4FY25 results with revenue growing 10.6% to Rs 155.7 bn and EBITDA surging 68% to Rs 32.4 bn compared to the same quarter last year.
Net profit jumped to Rs 89.6 bn from Rs 4 bn last year. The company's net debt decreased by Rs 83.2 bn to Rs 138.6 bn driven by strong cash flow and capital transaction.
Hero MotoCorp, one of the world's largest two-wheeler manufacturers, announced its Q4 FY25 results on 13 May, reporting a 6.4% year-on-year increase in consolidated net profit to Rs 10.8 billion, surpassing street estimates of Rs 10.2 bn.
Revenue from operations for the quarter stood at Rs 99.4 bn, exceeding analysts' expectations of Rs 97.1 bn. In comparison, the company posted Rs 95.2 bn in revenue and Rs 10.2 bn in net profit in the same quarter of the previous year.
The revenue growth was attributed to higher average selling prices (ASPs), driven by price hikes, a trend toward premiumisation, and increased export volumes. However, these gains were partly offset by a decline in domestic sales.
Hero MotoCorp sold 13.81 lakh units of motorcycles and scooters in Q4 FY25, close to estimates of 13.80 lakh units.
This marked a slight decline from the 13.92 lakh units sold in Q4 FY24 and 14.63 lakh units in Q3 FY25. For the full fiscal year FY25, the company's total sales amounted to 58.99 lakh units.
Operating profit, or EBITDA, for Q4 stood at Rs 14.2 bn, a 4.2% increase from Rs 13.6 bn in the same quarter of the previous year, in line with expectations.
For FY25, Hero MotoCorp reported its highest-ever annual revenue from operations of Rs 407.6 bn and profit after tax (PAT) of Rs 46.1 bn.
Cipla, a major player in the pharmaceutical sector, reported a 30% year-on-year (YoY) increase in net profit for Q4FY25, reaching Rs 12.2 bn, up from Rs 9.4 bn in the same quarter last year. This net profit is attributable to the company's shareholders.
Revenue from operations for the quarter rose 8.45% YoY, amounting to Rs 65.9 bn, compared to Rs 60.8 bn in Q4FY24.
The company's board of directors declared a total dividend of Rs 16 per share, which includes a final dividend of Rs 13 per share and a special dividend of Rs 3 per share.
The record date for determining shareholder eligibility is 27 June, and the dividend will be paid to eligible shareholders within 30 days from the date of the annual general meeting.
Additionally, Cipla's EBITDA for Q4FY25 stood at Rs 15.4 bn, marking an increase from Rs 13.2 bn in the same quarter of FY24.
Gail (India) Ltd reported a consolidated net profit of Rs 24.9 bn for Q4FY25, almost unchanged from Rs 24.7 bn in Q4FY24.
However, on a sequential basis, the profit saw a sharp decline, falling nearly 39% from Rs 40.8 bn in Q3FY25.
The PSU's consolidated revenue from operations for Q4FY25 stood at Rs 365.5 bn, marking an 11.3% increase from Rs 328.3 bn in the same quarter last year. On a quarter-on-quarter basis, revenue declined slightly from Rs 369.4 bn in Q3FY25.
Additionally, the company's board of directors recommended a final dividend of Rs 1 per equity share, in addition to the interim dividend of Rs 6.5 per equity share paid earlier during the year.
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