DOMESTIC EFFICIENCIES
There has to be an edge for wealth creation & protection: 6 midcap stocks with an upside potential of up to 55%
A pharma company that has been performing well post-restructuring, an auto ancillary firm whose product has remained the preferred choice for both OEMs and retail customers for decades—these are examples of businesses with a lasting edge. Similarly, other companies that possess a unique advantage are the ones investors should focus on. Yes, if uncertainty rises due to domestic or global developments, these stocks may also face declines. But here, it's important to distinguish between a fall in stock price or valuation and actual damage to the underlying business. The reality, in most such cases, is that their businesses remain resilient. It’s their enduring edge that helps them withstand such phases.
Time to start building wealth? Vaibhav Agrawal says correction in small and midcaps offers attractive entry points for investors
In this ETMarkets Smart Talk, Vaibhav Agrawal of Motilal Oswal AMC says India’s macro strength makes current market volatility a buying opportunity for long-term investors. He highlights value in small- and mid-cap stocks post correction, shares sectoral views, asset allocation tips for young investors, and MOAMC’s strategy to stay anchored in domestic growth amid global uncertainty.
Maruti Suzuki making production lines flexible to roll out both ICE, EV models
Maruti Suzuki plans to enhance production flexibility. This allows manufacturing of diverse models, including electric vehicles. The company aims to add 20 lakh units of production capacity by 2031. It will have around 28 models in the market. The new Kharkhoda plant has commenced production. Maruti Suzuki will launch its first EV, e-Vitara, soon.
Jabalpur ordnance factory cancels employee leave amid rising India-Pak tensions
Several Indian defence manufacturing units, especially under Munitions India Limited (MIL), have cancelled long leaves of employees, citing a need to accelerate production. This comes in the wake of the April 22 Pahalgam terror attack, which escalated India-Pakistan tensions. While no official nationwide circular was issued, many units have internally enforced the order. MIL factories play a crucial role in arms production for both domestic defence and exports. The government has also moved to curb trade and diplomatic ties with Pakistan.
Adani Power plugs into 6-year capex plan of Rs 1.2 lakh cr
The Adani Group company has an operating capacity of 17.55 GW, which it aims to increase to 30.67 GW by 2030. In the private sector, its capacity expansion will be the largest. In the public sector, state-owned NTPC is planning to add 30 GW of thermal power capacity by 2032, on top of the earlier 26 GW.
IndiaMart InterMESH shares gain 4% after Q4 PAT jumps 81% YoY
IndiaMart InterMESH shares: The company’s consolidated revenue for the quarter reached Rs 355 crore, reflecting a year-on-year growth of 12.8% from Rs 315 crore in Q4FY24.
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Trump vs Toyota? Why US cars are a rare sight in Japan
Despite President Trump's complaints about trade imbalances, American cars struggle to gain traction in Japan, where domestic brands dominate due to size constraints, perceived reliability issues, and a lack of sales and repair infrastructure.
H5N1 virus in US sparks global health crisis: Know its symptoms, mode of transmission, vaccine
H5N1 avian influenza virus: The spread of H5N1 avian influenza virus in the United States has sparked fears of a potential pandemic. The H5N1 virus is already leading to human infections. Although bird flu has been present on Earth for decades, this new kind of pathogen, H5N1, is one of the most fatal ones, and can take human lives.
STICPAY: A trusted E-wallet for international money transfers in India
Digital payments gain traction in India. STICPAY, a global e-wallet, facilitates secure cross-border money transfers. It supports users in over 200 countries. Indian users benefit from fast, low-fee international transactions. STICPAY integrates various payment methods and ensures security. It aligns with India's digital financial inclusion goals. It empowers SMEs and freelancers for global commerce.
PM Modi inaugurates Rs 8,900 crore Adani-built Vizhinjam Port to boost India's presence in trade routes
Prime Minister Modi inaugurates the Vizhinjam International Seaport in Kerala, India's first transshipment hub, built with an investment of Rs 8,867 crore. Strategically located near major shipping routes, it aims to reduce reliance on foreign ports and rival Colombo and Dubai. The port features advanced infrastructure and AI-powered systems, marking a new era in India's maritime trade.
NFO Alert: Groww Mutual Fund expands offerings with new silver ETF
Groww Mutual Fund has launched the Groww Silver ETF, an open-ended fund replicating the domestic price of physical silver. The NFO is open until May 16, with a minimum investment of Rs 500. This ETF offers a convenient, storage-free way to invest in silver, aiming for long-term capital appreciation.
Delhi Airport's air train project to link terminals hits roadblock, draws only one bid
Delhi Airport's ambition to become a major aviation hub faces hurdles as its air train project, intended to link terminals, received only one expression of interest. Concerns over long-term cost recovery within the existing concession period and the lack of guarantees beyond 2036 have discouraged potential bidders.
Vedanta shares in focus after 154% YoY jump in Q4 PAT
Vedanta's Q4 net profit surged 154% YoY to Rs 3,483 crore, driven by operational efficiency and strong performance across key verticals, with revenue rising 14% to Rs 40,455 crore. The company achieved its highest EBITDA margin in 12 quarters at 35%. Despite positive annual returns, Vedanta's stock has shown short-term weakness, declining over the past few months.
Adani Ports shares jump 4% after Q4 profit jumps 50% YoY to Rs 3,023 crore
Adani Ports shares: The company upheld its financial discipline, as its net debt-to-EBITDA ratio improved to 1.9x from 2.3x the previous year. EBITDA margins remained strong at 59% in Q4, consistent with the same period last year, supported by efficiency improvements and operating leverage.
In a slow market, SUVs keep motown going
Mahindra & Mahindra surpassed Hyundai and Tata Motors in passenger vehicle sales last month, driven by strong SUV demand, while the overall industry saw a modest 6% growth. Maruti Suzuki's chairman highlighted affordability issues hindering small car market growth. Meanwhile, Hyundai focuses on exports amid domestic headwinds, and Toyota sustained growth despite a plant shutdown for maintenance.
UCO Bank targets 12-14pc credit growth in FY'26, to pursue selective lending opportunities
UCO Bank targets a 12-14% credit growth in FY26, emphasizing retail, agriculture, and MSME sectors while selectively pursuing corporate lending. The bank aims to capitalize on India's economic resilience and global supply chain role. Digital transformation and strategic partnerships are key to sustaining growth and improving CASA ratio beyond 40%.
Honda Cars domestic sales dip 23% in April at 3,360 units
Honda Cars India reported a 23% drop in domestic sales for April, selling 3,360 units compared to 4,351 in the same month last year. Exports also fell sharply to 1,511 units from 6,516 units. The company cited weak market conditions and low consumer sentiment as reasons for deliberately reducing dispatches to maintain efficient inventory levels.
Domestic efficiencies, competitiveness must for economic resilience: FM Sitharaman
Finance and Corporate Affairs Minister Nirmala Sitharaman on Thursday said building domestic efficiency and competitiveness is the most effective way to strengthen economic resilience. Speaking at the inauguration of the 'Corporate Bhavan' in New Town, Kolkata, she emphasised the government's view of the private sector as a key development partner.
US announced job cuts decline in April, recruitment firm Challenger says
U.S. employers announced fewer layoffs in April, a 62% drop, but hiring remains cautious due to economic uncertainty and tariffs. Despite the monthly decrease, job cuts are 63% higher than last year, marking a five-year high for April. Government sector led the layoffs, significantly impacted by cuts within Elon Musk's Department of Government Efficiency (DOGE).
Adani Ports Q4 Results: Net profit rises 50% YoY to Rs 3,023 crore, revenue jumps 23%
Adani Ports reported a robust 50% YoY increase in net profit, reaching Rs 3,023 crore in Q4, driven by strong cargo and logistics growth. Revenue surged 23% to Rs 8,488 crore, with Mundra Port setting a new record. The company is expanding internationally and anticipates continued growth with revenue guidance of Rs 36,000–38,000 crore for FY26.
Your grandmother was right! Gold prices have zoomed 200% in 10 years
Ahead of Akshaya Tritiya 2025, gold has delivered impressive returns, exceeding 30% since last year and over 200% in the past decade. While high prices may slightly temper volumes, overall revenues are expected to remain steady due to larger ticket sizes. Experts suggest exploring options like lighter jewellery and Sovereign Gold Bonds for investment.
Vedanta hits record 13.1 million tonnes in metal reserves, adds 9.0 million tonnes in five years
Vedanta Limited has significantly boosted its metal reserves to over 13.1 million tonnes, ensuring a mine life of over 25 years. The company's Q4 FY25 results showcase strong operational performance, with a 154% rise in consolidated net profit and increased revenue. Driven by efficiency and strategic expansions, Vedanta anticipates continued growth in FY26.
Vedanta Q4 Results: PAT soars 154% YoY to Rs 3,483 crore, revenue rises 14%
Vedanta Q4 Results: Vedanta attributed its strong performance to a consistent focus on operational excellence, disciplined cost management, and favorable market conditions.
Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories
President Trump will sign an executive order easing 25% tariffs on autos and parts, aiming to support US manufacturing and jobs. The move, welcomed by automakers, seeks to reduce costs and retroactively adjust enforcement. Experts warn, however, broader tariffs may still raise prices and hurt overall auto sales and growth.
Madhya Pradesh government eyes to make SADA an investment centre
Madhya Pradesh plans to redevelop Gwalior's SADA. The goal is to create an attractive investment hub. Focus areas include manufacturing, electronics, and renewable energy. The project aims to improve infrastructure and logistics. The Agra-Gwalior Expressway will boost connectivity. New policies will ease business operations. Incentives are available for foreign investment. The state is targeting telecom and MSME sectors.
Betting big on sustainability: Sansaar’s bold strategy to reach Rs 500 crore in 3 years
With thrust on sustainable, conscious living, Sansaar, a D’Decor brand, has expanded its presence to more than 100 cities in India, while setting its sights on global markets and future product expansions.
UltraTech Cement shares in focus after Q4 profit rises 10% YoY. Should you invest?
UltraTech Cement share price: UltraTech Cement reported a 10% YoY rise in Q4 net profit to Rs 2,482 crore, with revenue up 13% at Rs 23,063 crore. EBITDA grew 11% YoY, supported by operating efficiencies and lower input costs. Brokerages remain divided: Nuvama maintained a 'Hold' while Antique reiterated a 'Buy,' citing strong volume growth targets and ongoing cost-saving initiatives.
UltraTech Cement Q4 Results: PAT rises 10% YoY to Rs 2,482 crore; dividend declared at Rs 77.50/share
UltraTech Cement Q4 Results: The board has also recommended a dividend of Rs 77.50 per share for the year ended March 2025.
Govt sets up inter-ministerial committee to frame broad contours of national manufacturing mission
The government is planning a national manufacturing mission. An inter-ministerial committee has been formed for this. Niti Aayog CEO B V R Subrahmanyam chairs the committee. The mission aims to boost the Make in India initiative. It will focus on ease of doing business and workforce readiness. MSME sector development and technology availability are also priorities.
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