Stock Market Today: Nifty, Sensex End At Over Seven-Month High As RIL, ICICI Bank Share Prices Lead

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Stock Market Today: Nifty, Sensex End At Over Seven-Month High As RIL, ICICI Bank Share Prices Lead
(Photo: Freepik) 
May 15, 2025 15:38 (IST)

Stock Market Close: Nifty, Sensex End At Over Seven-Month High

  • Nifty end over 1% for the day, led by HeroMoto Corp and JSW Steel.

  • Sensex gains nearly 1.5% for the day.

  • Nifty, Sensex ends higher for the second consecutive day.

  • Nifty Midcap 150 gains 0.68% for the day, led by Cochin Shipyard and Honeywall Automation.

  • Nifty smallcap 250 gains 0.75% for the day, led by Kirloskar Oil Engines and Eclerx Services.

  • Nifty Midcap 150 ends higher for the 5th consecutive day

  • Nifty Smallcap 250 ends higher for the 4th consecutive day

  • Nifty Realty emerged as Top gaining sector, led by Raymond and MacroTech Developers.

  • All sectoral Indices ended in green for the day.

  • Nifty Auto, Realty, Metal, Oil and Gas, IT, FMCG ends higher for the second consecutive day.

  • Nifty Media ends higher for the 7th consecutive day

  • Nifty Financial Services, Banks Snaps two day losing streak

  • Nifty Pharma ends higher for the fourth consecutive day

  • Nifty PSU Bank ends higher for the fifth consecutive day

  • Nifty end over 1% for the day, led by HeroMoto Corp and JSW Steel.

  • Sensex gains nearly 1.5% for the day.

  • Nifty, Sensex ends higher for the second consecutive day.

  • Nifty Midcap 150 gains 0.68% for the day, led by Cochin Shipyard and Honeywall Automation.

  • Nifty smallcap 250 gains 0.75% for the day, led by Kirloskar Oil Engines and Eclerx Services.

  • Nifty Midcap 150 ends higher for the 5th consecutive day

  • Nifty Smallcap 250 ends higher for the 4th consecutive day

  • Nifty Realty emerged as Top gaining sector, led by Raymond and MacroTech Developers.

  • All sectoral Indices ended in green for the day.

  • Nifty Auto, Realty, Metal, Oil and Gas, IT, FMCG ends higher for the second consecutive day.

  • Nifty Media ends higher for the 7th consecutive day

  • Nifty Financial Services, Banks Snaps two day losing streak

  • Nifty Pharma ends higher for the fourth consecutive day

  • Nifty PSU Bank ends higher for the fifth consecutive day

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May 15, 2025 15:35 (IST)

Rupee Snaps Three-Day Winning Streak Against US Dollar

  • Rupee weakened 27 paise to close at 85.55 against US Dollar

  • It closed at 85.28 a dollar on Wednesday

  • Source: Bloomberg

    • Rupee weakened 27 paise to close at 85.55 against US Dollar

    • It closed at 85.28 a dollar on Wednesday

    Source: Bloomberg

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May 15, 2025 15:22 (IST)

Stock Market Live: Choice International Incorporates New Step-Down Subsidiary 

Choice International Ltd. incorporated a new step-down subsidiary named Choice Green Energy MH-1.

May 15, 2025 15:12 (IST)

Stock Market Live: Page Industries Share Price Jumps As Q4 Net Profit Beats Estimates 

Page Industries Q4 FY25 Results Highlights (YoY)

  • Revenue up 10.7% to Rs 1,098 crore versus Rs 992 crore (Bloomberg estimate: Rs 1,081 crore)

  • Ebitda up 43.4% to Rs 235 crore versus Rs 164 crore (Bloomberg estimate: Rs 199 crore)

  • Margin at 21.4% versus 16.5% (Bloomberg estimate: 18.9%)

  • Net Profit up 51.9% to Rs 164 crore versus Rs 108 crore (Bloomberg estimate: Rs 129 crore)

Page Industries Q4 FY25 Results Highlights (YoY)

  • Revenue up 10.7% to Rs 1,098 crore versus Rs 992 crore (Bloomberg estimate: Rs 1,081 crore)

  • Ebitda up 43.4% to Rs 235 crore versus Rs 164 crore (Bloomberg estimate: Rs 199 crore)

  • Margin at 21.4% versus 16.5% (Bloomberg estimate: 18.9%)

  • Net Profit up 51.9% to Rs 164 crore versus Rs 108 crore (Bloomberg estimate: Rs 129 crore)

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May 15, 2025 14:59 (IST)

Stock Market Live Update: Welspun Enterprises Share Price Pares Gains Despite Upbeat Q4 Earnings 

Welspun Enterprises Q4 FY25 Results Highlights (Consolidated, YoY)

  • Revenue up 24% at Rs 1,021 crore versus Rs 823 crore

  • Ebitda up 35% at Rs 153 crore versus Rs 113 crore

  • Margin at 15% versus 13.7%

  • Net Profit up 29.6% at Rs 100 crore versus Rs 77.4 crore

Welspun Enterprises Q4 FY25 Results Highlights (Consolidated, YoY)

  • Revenue up 24% at Rs 1,021 crore versus Rs 823 crore

  • Ebitda up 35% at Rs 153 crore versus Rs 113 crore

  • Margin at 15% versus 13.7%

  • Net Profit up 29.6% at Rs 100 crore versus Rs 77.4 crore

May 15, 2025 14:48 (IST)

Stock Market Live: GMDC Share Price Rises Over 6%

Gujarat Mineral Developmental Corp. Q4 Highlight (Consolidated, YoY)

  • Revenue up 4.8% to Rs 786.29 crore versus Rs 750.27 crore.

  • Net Profit up 21% to Rs 226.22 crore versus Rs 187.24 crore.

  • Ebitda up 3% to Rs 193.57 crore versus Rs 188.55 crore.

  • Margin at 24.6% versus 25.1%.

Gujarat Mineral Developmental Corp. Q4 Highlight (Consolidated, YoY)

  • Revenue up 4.8% to Rs 786.29 crore versus Rs 750.27 crore.

  • Net Profit up 21% to Rs 226.22 crore versus Rs 187.24 crore.

  • Ebitda up 3% to Rs 193.57 crore versus Rs 188.55 crore.

  • Margin at 24.6% versus 25.1%.

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May 15, 2025 14:31 (IST)

Stock Market Live: Hero MotoCrop Hits 11-Month High

The share price for Hero Motocorp Ltd. rose 6% to reach an 11 month high at Rs 4309.70 apiece on Thursday.

The share price for Hero Motocorp Ltd. rose 6% to reach an 11 month high at Rs 4309.70 apiece on Thursday.

May 15, 2025 14:25 (IST)

Expert's View: Foreign Fund Inflows Hitting Markets, Helios Capital's Dinshaw Irani Says

It's foreign fund flows which are supporting gains in the equity markets. A rally will caught large-cap stocks soon. IT stocks witnessed a relief rally. Even if India strikes a deal with the US, IT stocks will unlikely to perform well unless US economy starts to look better.
Dinshaw Irani, chief investment officer and CEO, Helios Capital
May 15, 2025 14:18 (IST)

Stock Market Live: NALCO, Nuvama, Star Health Attracts Attentions Of Investors 

NDTV Profit has been tracking the action in the top dealing rooms of India’s financial capital, and this edition of ‘Heard On The Street’ provides you with buzzing action on stocks like National Aluminium Co., Updater Services Ltd., Nuvama Wealth Management Ltd., and Star Health and Allied Insurance Co.

Read the details here.

May 15, 2025 14:12 (IST)

Stock Market Live Update Today: Nifty up 1.65% for the day, led by HeroMoto Corp, JSW Steel

  • NSE Cos add Rs 4.7 lakh crore in market cap

  • Nifty crosses 25,000 mark for the first time since October 2024

  • Nifty Add 1,000 points in last 17 sessions

  • Nifty Auto top gaining sector, ed by HeroMoto Corp and Tata Motors.

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May 15, 2025 14:05 (IST)

Stock Market Today: Cochin Shipyard Hits Over Seven-Month High As Q4 Net Profit Rises 

Cochin Shipyard jumped 6.80% to Rs 1,815.00, the highest level since Sept 23,2024.

Cochin Shipyard Q4 Highlight (Consolidated, YoY)

  • Revenue up 36.6% to Rs 1,757.65 crore versus Rs 1,286.95 crore.

  • Net Profit up 11% to Rs 287.19 crore versus Rs 258.88 crore.

  • Ebitda down 8% to Rs 265.78 crore versus Rs 289.19 crore.

  • Margin at 15.1% versus 22.5%.

Cochin Shipyard jumped 6.80% to Rs 1,815.00, the highest level since Sept 23,2024.

Cochin Shipyard Q4 Highlight (Consolidated, YoY)

  • Revenue up 36.6% to Rs 1,757.65 crore versus Rs 1,286.95 crore.

  • Net Profit up 11% to Rs 287.19 crore versus Rs 258.88 crore.

  • Ebitda down 8% to Rs 265.78 crore versus Rs 289.19 crore.

  • Margin at 15.1% versus 22.5%.

May 15, 2025 14:00 (IST)

Sectoral Performance: Nifty Defence Continues To Lead Gains 

On NSE, most sectoral indices erased losses. The NSE Nifty Defence continued to rally ahead of other sectors, while NSE Nifty PSU Bank struggled to recover losses.

On NSE, most sectoral indices erased losses. The NSE Nifty Defence continued to rally ahead of other sectors, while NSE Nifty PSU Bank struggled to recover losses.

May 15, 2025 13:48 (IST)

Stock Market Today: Nifty Reclaims 25,000 In Nearly Seven Months

The NSE Nifty 50 and BSE Sensex surged 1.56% and 1.48%, respectively, in the second half of the trade after US Donald Trump's recent comments sparked hopes for a US-India deal concluding soon.

In his speech at a business event in Qatar, Trump said that India has offered to remove all tariff on US products. His comments came after he expressed his unhappiness with Apple Inc. moving production to India, Bloomberg reported.

There's no response from Indian officials on such remakrs yet.

The NSE Nifty 50 and BSE Sensex surged 1.56% and 1.48%, respectively, in the second half of the trade after US Donald Trump's recent comments sparked hopes for a US-India deal concluding soon.

In his speech at a business event in Qatar, Trump said that India has offered to remove all tariff on US products. His comments came after he expressed his unhappiness with Apple Inc. moving production to India, Bloomberg reported.

There's no response from Indian officials on such remakrs yet.

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May 15, 2025 13:37 (IST)

Stock Market Today: Alembic Pharma Gets US FDA Approval For Cardiovascular Events

  • Alembic Pharmaceuticals Ltd. received US Food And Drug Administration's final approval for Rivaroxaban Tablets USP

  • Alert: Rivaroxaban Tablets Is Used To Reduce The Risk Of Major Cardiovascular Events

    Source: Exchange filing

May 15, 2025 13:26 (IST)

Stock Market Live Update: Arvind Share Price Slumps As Profit Margin Narrows Despite Net Profit Increase 

Arvind share price slumped 4.32% to Rs 381.75 apiece as its profit margin narrowed 60 basis points to 11.1% in the fourth quarter from 11.7% in the corresponding period of previous year.

Arvind share price slumped 4.32% to Rs 381.75 apiece as its profit margin narrowed 60 basis points to 11.1% in the fourth quarter from 11.7% in the corresponding period of previous year.

May 15, 2025 13:09 (IST)

Stock Market Today: NSE Shareholders Cross 1 Lakh 

  • However, many find themselves in limbo due to the much awaited NSE IPO.

  • SEBI’s concerns raised on Feb 28, 2025, have largely been addressed, a top source said.

  • Leftover issues can be resolved through disclosures in the DRHP.

  • It is the largest unlisted company in India, with an estimated market cap of Rs. 4–5 lakh crore.

  • Even with SEBI’s approval, NSE’s listing could take at least a year.

  • About 31% of NSE is owned by public sector undertakings (PSUs).

  • Source: People In The Know

May 15, 2025 12:57 (IST)

Stock Market Live Update: Saregama India Share Price Rises After Q4 Net Profit Increases 

Saregama India share price rose 2.53% to Rs 562.00 apiece. It reported 11.8% on the year rise on its net profit during January–March quarter.

Saregama India share price rose 2.53% to Rs 562.00 apiece. It reported 11.8% on the year rise on its net profit during January–March quarter.

May 15, 2025 12:43 (IST)

Stock Market Live: Market Cap Of Defence Stocks Rises Rs 1 Lakh Crore Since Pahalgam Attack

The India-Pakistan feud after the Pahalgam attacks on April 22 has seen defence stocks shift gears and add over Rs 1 lakh crore in market cap. Nifty India Defence, the index which maps Indian defence stocks, has since rallied over 12%.

Read the full article here.

May 15, 2025 12:38 (IST)

Stock Market Today: HCLTech In Pact With Microsoft 

HCLTech Ltd. signed a pact with Mircosoft for AI-enabled solutions to accelerate RISE with SAP S/4HANA Migrations, the company said in an exchange filing.

HCLTech Ltd. signed a pact with Mircosoft for AI-enabled solutions to accelerate RISE with SAP S/4HANA Migrations, the company said in an exchange filing.

May 15, 2025 12:23 (IST)

Stock Market Live Update: Kalpataru Projects Share Price At Nearly One-Month High

In early trade on Thursday, the share price for Kalpataru Projects International advanced to reach nearly one-month high after the company won new orders worth Rs 2,372 crore, as per an exchange filing.

In early trade on Thursday, the share price for Kalpataru Projects International advanced to reach nearly one-month high after the company won new orders worth Rs 2,372 crore, as per an exchange filing.

May 15, 2025 12:08 (IST)

Stock Market Today: Remsons Industries Shares Hit Four-Month High On Order Win

Shares of Remsons Industries surged to a near four-month high after the company secured a Rs 300-crore order from Stellantis NV, North America, for the supply of control cables. Additionally, the stock was trading at a higher volume.

Shares of Remsons Industries rose as much as 17.66% to Rs 141.21 apiece, the highest level since Jan. 22.

Shares of Remsons Industries surged to a near four-month high after the company secured a Rs 300-crore order from Stellantis NV, North America, for the supply of control cables. Additionally, the stock was trading at a higher volume.

Shares of Remsons Industries rose as much as 17.66% to Rs 141.21 apiece, the highest level since Jan. 22.

May 15, 2025 11:54 (IST)

Stock Market Live Update: Aditya Lifestyle Approves Appointment Of Dharmendra Lodha As CFO 

Aditya Birla Lifestyle approved appointment of Dharmendra Lodha as CFO

May 15, 2025 11:33 (IST)

JSW Energy, LIC Housing, PB Fintech, CESC Q4 Results

JSW Energy Ltd., LIC Housing Finance Ltd., PB Fintech Ltd. and others are set to post their fourth quarter results on Thursday.

Here's a look at the consensus analysts' estimates that are compiled by Bloomberg.

Track live updates on Q4 results here.

May 15, 2025 11:14 (IST)

Tata Power Stock Climbs To A Four Month High After Q4 Revenue Rise

The share price of Tata Power surged nearly 2% on Thursday to reach an over four-month high. It erased gains to trade 0.06% higher at Rs 397.20.

The power supplier saw a 7.9% rise in revenue to Rs 17,096 crore versus Rs 15,846.6 crore in year ago period in its Q4 earnings on Wednesday.

The share price of Tata Power surged nearly 2% on Thursday to reach an over four-month high. It erased gains to trade 0.06% higher at Rs 397.20.

The power supplier saw a 7.9% rise in revenue to Rs 17,096 crore versus Rs 15,846.6 crore in year ago period in its Q4 earnings on Wednesday.

May 15, 2025 11:03 (IST)

Stock Market Live Update: Eicher Motors Shares Trade Mixed After Q4 Margin Shrinks

Share price of Eicher Motors Ltd. has been fluctuating in Thursday's trade after the company posted its financial results for the final quarter of fiscal 2025, posting a rise in net profit despite shrinking margins.

The scrip fell as much as 1.59% to Rs 5,360 apiece. It pared losses to trade 0.18% higher at Rs 5,456.50 apiece, as of 09:57 a.m.

Share price of Eicher Motors Ltd. has been fluctuating in Thursday's trade after the company posted its financial results for the final quarter of fiscal 2025, posting a rise in net profit despite shrinking margins.

The scrip fell as much as 1.59% to Rs 5,360 apiece. It pared losses to trade 0.18% higher at Rs 5,456.50 apiece, as of 09:57 a.m.

May 15, 2025 10:50 (IST)

Stock Market Today: Nifty, Sensex Recover Losses 

The NSE Nifty 50 and BSE Sensex recovered opening losses. The indices were trading 0.21% and 0.15% higher, respectively.

The NSE Nifty 50 and BSE Sensex recovered opening losses. The indices were trading 0.21% and 0.15% higher, respectively.

May 15, 2025 10:36 (IST)

Eicher Motors' Growth Over Margins The Right Strategy, Say Analysts

Eicher Motors Ltd.’s fourth quarter results have drawn contrasting reactions from brokerages, with Morgan Stanley maintaining its ‘underweight’ rating, while Citi retained a more optimistic ‘buy’ stance. Both firms raised their target prices, albeit based on differing interpretations of the company’s performance and valuation outlook.

Read the full article here.

May 15, 2025 10:18 (IST)

Stock Market Live Update: Varun Beverages Share Price Pare Gains Following Block Deals 

On National Stock Exchange, Varun Beverages' 20,70,950 shares changed hands in three block deals in the price range of Rs 512.15 to Rs 512.75 apiece. Varun Beverages has 338.19 crore shares outstanding as of March 31.

Varun Beverages Ltd. share price rose 1.39% to Rs 517.20 apiece. It pared gains to trade 0.40% higher at Rs 512.15 apiece as of 10:28 a.m., as compared to 0.38% decline in the NSE Nifty 50 index.

On National Stock Exchange, Varun Beverages' 20,70,950 shares changed hands in three block deals in the price range of Rs 512.15 to Rs 512.75 apiece. Varun Beverages has 338.19 crore shares outstanding as of March 31.

Varun Beverages Ltd. share price rose 1.39% to Rs 517.20 apiece. It pared gains to trade 0.40% higher at Rs 512.15 apiece as of 10:28 a.m., as compared to 0.38% decline in the NSE Nifty 50 index.

May 15, 2025 10:13 (IST)

Cochin Shipyard Shares Rise Ahead Of Q4 Results

Shares of Cochin Shipyard rose over 4% on Thursday ahead of announcing its fourth quarter results, extending a gaining streak for the fifth straight day. The board will also consider the recommendation for a dividend.

Shares of Cochin Shipyard rose as much as 4.45% to Rs 1,775 apiece, the highest level since May 14.

Shares of Cochin Shipyard rose over 4% on Thursday ahead of announcing its fourth quarter results, extending a gaining streak for the fifth straight day. The board will also consider the recommendation for a dividend.

Shares of Cochin Shipyard rose as much as 4.45% to Rs 1,775 apiece, the highest level since May 14.

May 15, 2025 10:02 (IST)

Q4 Earnings Impact: Jubilant FoodWorks Share Price Falls As Profit Falls 

Jubilant FoodWorks share price declined 2.59% to Rs 675.85 apiece as consolidated net profit declined 76.9% on the year to Rs 48 crore versus Rs 207.5 crore.

Jubilant FoodWorks share price declined 2.59% to Rs 675.85 apiece as consolidated net profit declined 76.9% on the year to Rs 48 crore versus Rs 207.5 crore.

May 15, 2025 09:52 (IST)

Stock Market Live: Hindustan Aeronautics Has JPMorgan 'Overweight' On Q4 Estimate Beat

JPMorgan maintained an 'overweight' rating on Hindustan Aeronautics Ltd. with a price target of Rs 5,040 per share, after it beat the brokerage's fourth quarter earnings expectations. This was on the back of "stronger Ebitda margin of 39%".

Read the full article here.

May 15, 2025 09:47 (IST)

Stock Market Today: SEPC Gets Work Orders Worth Rs 18 Crore

SEPC Ltd. received work orders worth Rs 18 crore from Bajaj Energy Ltd.

The scrip rose 3.78% to Rs 15.66 apiece. It pared losses to trade 1.86% higher at Rs 15.09 apiece as of 9:50 a.m.

SEPC Ltd. received work orders worth Rs 18 crore from Bajaj Energy Ltd.

The scrip rose 3.78% to Rs 15.66 apiece. It pared losses to trade 1.86% higher at Rs 15.09 apiece as of 9:50 a.m.

May 15, 2025 09:46 (IST)

Stock Market Live Update: Remsons Industries Get Orders Worth Rs 300 Crore 

Remsons Industries Ltd. received orders worth Rs 300 crore for supply of control cables from Stellantis NV, North America, the company said in an exchange filing.

May 15, 2025 09:42 (IST)

Stock Market Live: Nifty Defence Rallies For Seven Day

The NSE Nifty Defence rallied for seven consecutive session on Thursday. The index outperformed other sectoral indices for a second day. Hindustan Aeronautics Ltd. and Cochin Shipyard Ltd. contribute the most to the Nifty Defence index.

The NSE Nifty Defence rallied for seven consecutive session on Thursday. The index outperformed other sectoral indices for a second day. Hindustan Aeronautics Ltd. and Cochin Shipyard Ltd. contribute the most to the Nifty Defence index.

May 15, 2025 09:27 (IST)

Sectoral Indices' Performance At Open: Nifty Oil & Gas Declines Most 

On NSE, 12 sectoral indices declined and three advanced out of 15. The NSE Nifty Oil & Gas declined the most, while the NSE Nifty Defence rose the most.

On NSE, 12 sectoral indices declined and three advanced out of 15. The NSE Nifty Oil & Gas declined the most, while the NSE Nifty Defence rose the most.

May 15, 2025 09:25 (IST)

Nifty Detractors: ICICI Bank, Infosys, RIL Weigh Most 

ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., HDFC Bank Ltd., and Mahindra & Mahindra Ltd. share prices weighed on the Nifty 50 index.

Bharti Airtel Ltd., JSW Steel Ltd., Tata Motors Ltd., Hero MotoCorp Ltd., and Tech Mahindra Ltd. added to the Nifty 50 index.

ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., HDFC Bank Ltd., and Mahindra & Mahindra Ltd. share prices weighed on the Nifty 50 index.

Bharti Airtel Ltd., JSW Steel Ltd., Tata Motors Ltd., Hero MotoCorp Ltd., and Tech Mahindra Ltd. added to the Nifty 50 index.

May 15, 2025 09:23 (IST)

Stock Market Today: Nifty, Sensex Fall Following A Muted Open As Private Bank Stocks Fall 

The NSE Nifty 50 and BSE Sensex declined after a muted open following a decline in the private bank stocks. The Nifty 50 and Sensex were trading 0.25% and 0.27% down, respectively as of 9:22 a.m.

The NSE Nifty 50 and BSE Sensex declined after a muted open following a decline in the private bank stocks. The Nifty 50 and Sensex were trading 0.25% and 0.27% down, respectively as of 9:22 a.m.

May 15, 2025 09:09 (IST)

Stock Market Today: Nifty, Sensex Trade Flat At Pre-Open

At pre-open, the NSE Nifty 50 was trading 27.55 points or 0.11% higher at 24,694.45, and the BSE Sensex was 0.02% or 19.53 points higher at 81,354.43.

May 15, 2025 09:04 (IST)

Yield On The 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.29%

  • Source: Bloomberg

May 15, 2025 09:03 (IST)

Rupee Opens Weaker Against US Dollar

  • Rupee opened 26 paise weaker at 85.54 against US Dollar

  • It closed at 85.28 a dollar on Wednesday

  • Source: Bloomberg

May 15, 2025 09:03 (IST)

Stock Market Live Update: Hindustan Oil Completes Drilling Of Well In Kharsang Block 

Hindustan Oil Exploration Co. Ltd. completed drilling of well KSG-71 in the Kharsang Block. Well KSG-71 to be hooked up for production immediately, the company said in an exchange filing.

May 15, 2025 08:58 (IST)

Stock Market Today: Kalpataru Projects Gets Orders Worth Rs 2,372 Crore 

Kalpataru Projects International Ltd. received orders worth Rs 2,372 crore in transmission and distribution, buildings and factories segments, the company said in an exchange filing.

May 15, 2025 08:44 (IST)

Stock Market Live Update: Nomura On HAL 

  • Retain Buy with a target price Rs 4,700, which implied a 2% upside

  • Marginal beat on top-line, Adjusted EBITDA ahead of expectations

  • Strong order backlog of Rs 1.84 lk cr and prospects pipeline of Rs 1.4 lk cr

  • Order book gives execution growth visibility over the next five years

  • Balance sheet improvement continues, 66% YoY growth in operating cash flow

  • Stock currently trades at 37x/31x FY26F/FY27F earnings

May 15, 2025 08:22 (IST)

Stock Market Live: Citi On Eicher Motors

  • Maintain Buy and hiked the target price to Rs 6,200 from Rs 6,050

  • Q4 EBITDA Slightly Below Estimate; Other Income Buoys PAT

  • Demand outlook is positive as management expects tax cuts to bolster urban demand in FY26

  • Rural demand is already healthy

  • Believe that volume growth might not percolate down to earnings if the margins remain weak

May 15, 2025 08:11 (IST)

Oil Prices Extend Losses To Second Session 

Oil future prices declined for a second day in a row Thursday on news that Iran is willing to accept US's conditions on nuclear program. NBC reported that Iran is ready to sign an agreement with an certain condition, which may mean they are willing to forego nuclear weapon.

The brent crude July future contract was trading 2.01% down at $64.76 a barrel as of 8:11 a.m. as compared to $66.09 close on Wednesday.

May 15, 2025 07:49 (IST)

Asia Market Update: Share Indices Decline On Lack Of Significant Cues

Asia-Pacific markets declined Thursday on lack of significant cues as traders moved on from the latest positive development in the US and China trade talks.

The Nikkei 225 and CSI 300 were trading 1.12% and 0.50% down, respectively as of 7:49 a.m.

May 15, 2025 07:35 (IST)

US Market Update: Most Share Indices End Higher As US Secures Deals With Saudi Arabia Totaling To $243 Billion

Most share indices in the US ended with gains on Wednesday as the US has secured deals with Saudi Arabia worth more than $243 billion. President Donald Trump is visiting the gulf states which resulted largest order for Boeing Co. from Qatar Airways. General Atomics also secured orders from Qatar, as reported by Bloomberg.

Moreover, American technology companies will also attract investment from Qatar, which boosted technology stocks in the Wall Street, Bloomberg reported.

On Wednesday, the Dow Jones Industrial Average settled 0.21% down, and S&P 500 ended 0.10% up. The Nasdaq Composite ended 0.72% higher.

May 15, 2025 07:06 (IST)

GIFT Nifty Hints Muted Start; Eicher Motors, Brigade Enterprises, Wipro Shares In Focus

The GIFT Nifty was trading 0.04% or 11 points down at 24,756.50 as of 6:57 a.m., which implied a muted start for the benchmarks.

Traders will watch share prices of Eicher Motors Ltd., Brigade Enterprises Ltd., Tata Power Co., Lupin Ltd., Dollar Industries Ltd. as these companies released their fourth quarter results post market hours on Wednesday.

Wipro Ltd., Infosys Ltd., Hindustan Unilever Ltd., and Yes Bank Ltd. share prices may also move because of the news flow overnight.

On Wednesday, Sensex and Nifty 50 ended the day with gains. Nifty 50 ended 0.36% higher at 24,666.90 and Sensex closed 0.22% up at 81,330.56.

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