Latest Economy Stock Market News

M&M has agreed to acquire a 58.96% stake in SML Isuzu for ₹555 crore, including a 43.96% stake from Sumitomo Corporation and 15% from Isuzu Motors. M&M will also make an open offer to buy an additional 26% from public shareholders. The deal aims to strengthen M&M's presence in the commercial vehicle segment, doubling its market share to 6% and targeting 20% by FY2036.

Reliance Industries Ltd (RIL) has entered the global top 25 most valuable companies, ranking 21st with a $118 billion net worth. Its market capitalisation surpassed $140 billion, outperforming major firms. RIL's board approved a ₹25,000 crore bond issuance and declared a ₹5.5 per share dividend. The stock has risen 40% in the past year, driven by debt reduction and growth in consumer businesses.

Spotify will raise subscription prices in Europe and Latin America by around €1 starting this summer, while U.S. prices remain unchanged for now. The move aims to enhance profitability amid slowing music industry growth and pressure from record labels. Spotify is also testing a "super-premium" tier offering exclusive perks, part of a broader "Streaming 2.0" strategy.

Suzlon Energy's share price dropped on Friday but remains over 50% above its 52-week low. Strong financials include 91% YoY revenue growth, 102% EBITDA rise, and ₹388 crore PAT. With a record order book and expansion plans, experts suggest a 'buy-on-dips' strategy, targeting ₹70. India's renewable goals support long-term growth, making Suzlon a promising investment despite sector risks.

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68% decline in Q4 net profit to ₹363 crore from ₹1,136 crore a year ago. Revenue fell 2.9% to ₹24,596 crore, while EBITDA dropped 51.7% to ₹1,130 crore. Margins contracted to 4.6% from 9.2%. Shares closed 3.4% lower at ₹136.4, declining 45.65% over the past year.

IDFC First Bank reported a net profit of ₹304.1 crore for Q4 FY2025, a 58% year-on-year decline, missing market estimates of ₹359.6 crore. Net interest income rose 9.8% YoY to ₹4,907.1 crore but fell short of estimates. Gross NPA ratio improved slightly to 1.87%, while net NPA ratio remained stable at 0.53%. Shares dropped 2.45% on April 25.

Ather Energy CEO Tarun Mehta stated the company remains largely unaffected by China’s rare earth magnet export restrictions, clarifying the move targets the US-China relationship. Ather’s supply chain is secure, though lithium cells are still imported from China. The company is localizing its supply chain with partners like Amara Raja and LG.

India Cements Ltd reported a net profit of ₹14.68 crore for Q4 FY25, rebounding from a ₹60.55 crore loss last year. Revenue fell 3.11% to ₹1,197.30 crore. The company, now an UltraTech Cement subsidiary since December 2024, narrowed its FY25 net loss to ₹143.88 crore. Its board approved merging four subsidiaries, effective January 1, 2025.

Alembic Pharmaceuticals Limited has announced the commissioning of a new manufacturing facility located at Pithampur, District Dhar, Madhya Pradesh. The announcement was made on April 26, 2025, in a notification to the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Ltd. (NSE). The new facility is designated for the manufacturing of formulations.

President Trump has backed away from removing Federal Reserve Chair Jerome Powell, as firing him could prevent using Powell as a scapegoat for potential economic downturns linked to Trump's tariff policies. Economists warn of a possible US economic slowdown or recession due to rising tariffs, while Trump continues to pressure Powell to lower interest rates, criticizing his policies as too slow.

RailTel Corporation won a ₹90.08 crore order from the Institute of Road Transport to design and implement an ERP system for three transport corporations, with completion by October 18, 2026. The company clarified it's not a related-party deal. RailTel's shares fell 5% on Friday and 25.69% in 2025 so far.

Reliance shares will be in focus on Monday as Mukesh Ambani-led oil-to-telecom-to-retail conglomerate Reliance Industries Limited (RIL) declared its Q4 results 2025 on Friday evening. Reliance Industries reported a 6% YoY rise in Q4FY25 consolidated profit at ₹22,434 crore, beating estimates. Reliance Jio saw a 25.7% YoY increase in PAT to ₹7,022 crore.

M&M has agreed to acquire a 58.96% stake in SML Isuzu for ₹555 crore, including a 43.96% stake from Sumitomo Corporation and 15% from Isuzu Motors. M&M will also make an open offer to buy an additional 26% from public shareholders. The deal aims to strengthen M&M's presence in the commercial vehicle segment, doubling its market share to 6% and targeting 20% by FY2036.

Reliance Industries Ltd (RIL) has entered the global top 25 most valuable companies, ranking 21st with a $118 billion net worth. Its market capitalisation surpassed $140 billion, outperforming major firms. RIL's board approved a ₹25,000 crore bond issuance and declared a ₹5.5 per share dividend. The stock has risen 40% in the past year, driven by debt reduction and growth in consumer businesses.

Spotify will raise subscription prices in Europe and Latin America by around €1 starting this summer, while U.S. prices remain unchanged for now. The move aims to enhance profitability amid slowing music industry growth and pressure from record labels. Spotify is also testing a "super-premium" tier offering exclusive perks, part of a broader "Streaming 2.0" strategy.

Suzlon Energy's share price dropped on Friday but remains over 50% above its 52-week low. Strong financials include 91% YoY revenue growth, 102% EBITDA rise, and ₹388 crore PAT. With a record order book and expansion plans, experts suggest a 'buy-on-dips' strategy, targeting ₹70. India's renewable goals support long-term growth, making Suzlon a promising investment despite sector risks.

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68% decline in Q4 net profit to ₹363 crore from ₹1,136 crore a year ago. Revenue fell 2.9% to ₹24,596 crore, while EBITDA dropped 51.7% to ₹1,130 crore. Margins contracted to 4.6% from 9.2%. Shares closed 3.4% lower at ₹136.4, declining 45.65% over the past year.

IDFC First Bank reported a net profit of ₹304.1 crore for Q4 FY2025, a 58% year-on-year decline, missing market estimates of ₹359.6 crore. Net interest income rose 9.8% YoY to ₹4,907.1 crore but fell short of estimates. Gross NPA ratio improved slightly to 1.87%, while net NPA ratio remained stable at 0.53%. Shares dropped 2.45% on April 25.

Ather Energy CEO Tarun Mehta stated the company remains largely unaffected by China’s rare earth magnet export restrictions, clarifying the move targets the US-China relationship. Ather’s supply chain is secure, though lithium cells are still imported from China. The company is localizing its supply chain with partners like Amara Raja and LG.

India Cements Ltd reported a net profit of ₹14.68 crore for Q4 FY25, rebounding from a ₹60.55 crore loss last year. Revenue fell 3.11% to ₹1,197.30 crore. The company, now an UltraTech Cement subsidiary since December 2024, narrowed its FY25 net loss to ₹143.88 crore. Its board approved merging four subsidiaries, effective January 1, 2025.

Alembic Pharmaceuticals Limited has announced the commissioning of a new manufacturing facility located at Pithampur, District Dhar, Madhya Pradesh. The announcement was made on April 26, 2025, in a notification to the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Ltd. (NSE). The new facility is designated for the manufacturing of formulations.

President Trump has backed away from removing Federal Reserve Chair Jerome Powell, as firing him could prevent using Powell as a scapegoat for potential economic downturns linked to Trump's tariff policies. Economists warn of a possible US economic slowdown or recession due to rising tariffs, while Trump continues to pressure Powell to lower interest rates, criticizing his policies as too slow.

RailTel Corporation won a ₹90.08 crore order from the Institute of Road Transport to design and implement an ERP system for three transport corporations, with completion by October 18, 2026. The company clarified it's not a related-party deal. RailTel's shares fell 5% on Friday and 25.69% in 2025 so far.

Reliance shares will be in focus on Monday as Mukesh Ambani-led oil-to-telecom-to-retail conglomerate Reliance Industries Limited (RIL) declared its Q4 results 2025 on Friday evening. Reliance Industries reported a 6% YoY rise in Q4FY25 consolidated profit at ₹22,434 crore, beating estimates. Reliance Jio saw a 25.7% YoY increase in PAT to ₹7,022 crore.

Apollo Tyres will discontinue tyre production at its Netherlands plant by summer 2026 due to high costs. The decision, subject to approval, affects the Enschede facility operated by subsidiary ATNL, contributing 6% to Apollo's revenue and PBT. The company has initiated consultations with the Works Council. Apollo shares fell 2.01% to ₹461, down 12.6% year-to-date.

The Indian stock market fell sharply on Friday due to geopolitical tensions between India and Pakistan, with the Nifty 50 dropping 207 points to 24,039 and the Sensex shedding 588 points to 79,212. Despite FII inflows of ₹8,250 crores, the outlook remains cautious. Sumeet Bagadia recommended buying Grasim (target ₹3,030), TCS (target ₹3,780), and HUL (target ₹2,550).

Starbucks union delegates rejected the company's latest contract proposal, which offered a minimum 2% annual raise, citing insufficient wage increases, lack of guaranteed hours, and unimproved healthcare benefits. About 81% of 500 delegates voted against the offer. While some issues like workplace safety were agreed upon, the union accused Starbucks of not negotiating in good faith.

Maruti Suzuki expressed caution over FY26 outlook due to muted domestic demand and affordability constraints, with SIAM projecting 1–2% growth. Export contributions are expected to rise to 20%, up from 18%. The company reported a 4.3% YoY decline in Q4 net profit to Rs 3,711 crore, with EBITDA down 9% and margins at 10.5%. Shares closed 2.1% lower at Rs 11,652.

Bank of Maharashtra plans to raise Rs 7,500 crore in 2025 via tier 1 and 2 instruments to reduce government stake below 75%. It reported a 23% rise in Q4 net profit to Rs 1,493 crore. The bank aims to open 1,000 new branches and targets double-digit growth in retail, agriculture, MSME, and corporate sectors.

Canara Bank will announce its Q4 and FY 2025 financial results on May 8, 2025, and consider a dividend payout. The trading window for insiders is closed until 48 hours after results are declared. Canara Robeco, its asset management arm, has filed for an IPO. The bank's shares rose 8.46% in April, recovering from a 35% decline since May 2024.

Poonawalla Fincorp Ltd reported an 81.2% YoY decline in Q4FY25 net profit at ₹62.3 crore due to one-time expenses and prior provisioning. Net interest income rose 11.7% to ₹707.9 crore, with AUM growing 43% YoY. Gross NPA stood at 1.84% and net NPA at 0.85%. The stock closed at ₹381.30, down 3.77% on BSE.

Colgate-Palmolive cut its growth and profit outlook, citing $200 million in added costs from tariffs. Organic sales growth is now expected to be 2%-4%, down from the previous 3%-5% target. CEO Noel Wallace noted ongoing global market uncertainty. The company also expects flat margins and low-single-digit earnings growth, with higher costs potentially impacting consumer demand.

RBL Bank is cautious on unsecured loans, prioritizing secured retail lending growth of 25-30% and wholesale lending at 10-12% in FY26. Microfinance portfolio stabilizes at 6.2%. Deposit growth targets 20-25% yearly, with cost reduction aims. Q4 net profit fell 81% to Rs 69 crore, while total income rose to Rs 4,476 crore.

Force Motors announced robust Q4 results post-market hours on April 25, Force Motors reported a 210% YoY surge in Q4 net profit to ₹434.7 crore, with revenue rising 17.1% to ₹2,356 crore. EBITDA increased 18.2% to ₹329.3 crore, and the margin improved to 14%. The company declared a ₹40 per share dividend, subject to shareholder approval.

Maruti Suzuki, India’s top car seller, saw only 3% domestic sales growth in 2024-25, with small car sales dropping 9%, amid rising prices. Net profit rose 7.5% to ₹14,500 crore and revenue 7.7% to ₹1.53 trillion. Exports surged 17.4% to 332,000 units, driving optimism. The company plans to launch EVs domestically by September 2025, but high prices and weak demand remain concerns.

Tejas Networks reported a net loss of ₹71.8 crore for FY25, down from a profit of ₹146.8 crore in FY24. Revenue rose 43.7% to ₹1,906.9 crore, but EBITDA fell 60.7% to ₹121.5 crore, with margins dropping to 6.4%. The company recommended a ₹2.50 per share dividend, while shares closed at ₹857.35, down 3.2%.

Jio Platforms reported a 26% rise in net profit to Rs 7,022 crore in Q4 FY25, driven by tariff hikes and growth in homes and digital services. Revenue increased 18% to Rs 33,986 crore, with EBITDA up 19% at Rs 17,016 crore. ARPU rose to Rs 206.2, and subscriber base reached 488 million, including 191 million 5G users.

M&M has agreed to acquire a 58.96% stake in SML Isuzu for ₹555 crore, including a 43.96% stake from Sumitomo Corporation and 15% from Isuzu Motors. M&M will also make an open offer to buy an additional 26% from public shareholders. The deal aims to strengthen M&M's presence in the commercial vehicle segment, doubling its market share to 6% and targeting 20% by FY2036.

Reliance Industries Ltd (RIL) has entered the global top 25 most valuable companies, ranking 21st with a $118 billion net worth. Its market capitalisation surpassed $140 billion, outperforming major firms. RIL's board approved a ₹25,000 crore bond issuance and declared a ₹5.5 per share dividend. The stock has risen 40% in the past year, driven by debt reduction and growth in consumer businesses.

Spotify will raise subscription prices in Europe and Latin America by around €1 starting this summer, while U.S. prices remain unchanged for now. The move aims to enhance profitability amid slowing music industry growth and pressure from record labels. Spotify is also testing a "super-premium" tier offering exclusive perks, part of a broader "Streaming 2.0" strategy.

Suzlon Energy's share price dropped on Friday but remains over 50% above its 52-week low. Strong financials include 91% YoY revenue growth, 102% EBITDA rise, and ₹388 crore PAT. With a record order book and expansion plans, experts suggest a 'buy-on-dips' strategy, targeting ₹70. India's renewable goals support long-term growth, making Suzlon a promising investment despite sector risks.

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68% decline in Q4 net profit to ₹363 crore from ₹1,136 crore a year ago. Revenue fell 2.9% to ₹24,596 crore, while EBITDA dropped 51.7% to ₹1,130 crore. Margins contracted to 4.6% from 9.2%. Shares closed 3.4% lower at ₹136.4, declining 45.65% over the past year.

IDFC First Bank reported a net profit of ₹304.1 crore for Q4 FY2025, a 58% year-on-year decline, missing market estimates of ₹359.6 crore. Net interest income rose 9.8% YoY to ₹4,907.1 crore but fell short of estimates. Gross NPA ratio improved slightly to 1.87%, while net NPA ratio remained stable at 0.53%. Shares dropped 2.45% on April 25.

Ather Energy CEO Tarun Mehta stated the company remains largely unaffected by China’s rare earth magnet export restrictions, clarifying the move targets the US-China relationship. Ather’s supply chain is secure, though lithium cells are still imported from China. The company is localizing its supply chain with partners like Amara Raja and LG.

India Cements Ltd reported a net profit of ₹14.68 crore for Q4 FY25, rebounding from a ₹60.55 crore loss last year. Revenue fell 3.11% to ₹1,197.30 crore. The company, now an UltraTech Cement subsidiary since December 2024, narrowed its FY25 net loss to ₹143.88 crore. Its board approved merging four subsidiaries, effective January 1, 2025.

Alembic Pharmaceuticals Limited has announced the commissioning of a new manufacturing facility located at Pithampur, District Dhar, Madhya Pradesh. The announcement was made on April 26, 2025, in a notification to the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Ltd. (NSE). The new facility is designated for the manufacturing of formulations.

President Trump has backed away from removing Federal Reserve Chair Jerome Powell, as firing him could prevent using Powell as a scapegoat for potential economic downturns linked to Trump's tariff policies. Economists warn of a possible US economic slowdown or recession due to rising tariffs, while Trump continues to pressure Powell to lower interest rates, criticizing his policies as too slow.

RailTel Corporation won a ₹90.08 crore order from the Institute of Road Transport to design and implement an ERP system for three transport corporations, with completion by October 18, 2026. The company clarified it's not a related-party deal. RailTel's shares fell 5% on Friday and 25.69% in 2025 so far.

Reliance shares will be in focus on Monday as Mukesh Ambani-led oil-to-telecom-to-retail conglomerate Reliance Industries Limited (RIL) declared its Q4 results 2025 on Friday evening. Reliance Industries reported a 6% YoY rise in Q4FY25 consolidated profit at ₹22,434 crore, beating estimates. Reliance Jio saw a 25.7% YoY increase in PAT to ₹7,022 crore.

Apollo Tyres will discontinue tyre production at its Netherlands plant by summer 2026 due to high costs. The decision, subject to approval, affects the Enschede facility operated by subsidiary ATNL, contributing 6% to Apollo's revenue and PBT. The company has initiated consultations with the Works Council. Apollo shares fell 2.01% to ₹461, down 12.6% year-to-date.

The Indian stock market fell sharply on Friday due to geopolitical tensions between India and Pakistan, with the Nifty 50 dropping 207 points to 24,039 and the Sensex shedding 588 points to 79,212. Despite FII inflows of ₹8,250 crores, the outlook remains cautious. Sumeet Bagadia recommended buying Grasim (target ₹3,030), TCS (target ₹3,780), and HUL (target ₹2,550).

Starbucks union delegates rejected the company's latest contract proposal, which offered a minimum 2% annual raise, citing insufficient wage increases, lack of guaranteed hours, and unimproved healthcare benefits. About 81% of 500 delegates voted against the offer. While some issues like workplace safety were agreed upon, the union accused Starbucks of not negotiating in good faith.

Maruti Suzuki expressed caution over FY26 outlook due to muted domestic demand and affordability constraints, with SIAM projecting 1–2% growth. Export contributions are expected to rise to 20%, up from 18%. The company reported a 4.3% YoY decline in Q4 net profit to Rs 3,711 crore, with EBITDA down 9% and margins at 10.5%. Shares closed 2.1% lower at Rs 11,652.

Bank of Maharashtra plans to raise Rs 7,500 crore in 2025 via tier 1 and 2 instruments to reduce government stake below 75%. It reported a 23% rise in Q4 net profit to Rs 1,493 crore. The bank aims to open 1,000 new branches and targets double-digit growth in retail, agriculture, MSME, and corporate sectors.

Canara Bank will announce its Q4 and FY 2025 financial results on May 8, 2025, and consider a dividend payout. The trading window for insiders is closed until 48 hours after results are declared. Canara Robeco, its asset management arm, has filed for an IPO. The bank's shares rose 8.46% in April, recovering from a 35% decline since May 2024.

Poonawalla Fincorp Ltd reported an 81.2% YoY decline in Q4FY25 net profit at ₹62.3 crore due to one-time expenses and prior provisioning. Net interest income rose 11.7% to ₹707.9 crore, with AUM growing 43% YoY. Gross NPA stood at 1.84% and net NPA at 0.85%. The stock closed at ₹381.30, down 3.77% on BSE.

Colgate-Palmolive cut its growth and profit outlook, citing $200 million in added costs from tariffs. Organic sales growth is now expected to be 2%-4%, down from the previous 3%-5% target. CEO Noel Wallace noted ongoing global market uncertainty. The company also expects flat margins and low-single-digit earnings growth, with higher costs potentially impacting consumer demand.

RBL Bank is cautious on unsecured loans, prioritizing secured retail lending growth of 25-30% and wholesale lending at 10-12% in FY26. Microfinance portfolio stabilizes at 6.2%. Deposit growth targets 20-25% yearly, with cost reduction aims. Q4 net profit fell 81% to Rs 69 crore, while total income rose to Rs 4,476 crore.

Force Motors announced robust Q4 results post-market hours on April 25, Force Motors reported a 210% YoY surge in Q4 net profit to ₹434.7 crore, with revenue rising 17.1% to ₹2,356 crore. EBITDA increased 18.2% to ₹329.3 crore, and the margin improved to 14%. The company declared a ₹40 per share dividend, subject to shareholder approval.

Maruti Suzuki, India’s top car seller, saw only 3% domestic sales growth in 2024-25, with small car sales dropping 9%, amid rising prices. Net profit rose 7.5% to ₹14,500 crore and revenue 7.7% to ₹1.53 trillion. Exports surged 17.4% to 332,000 units, driving optimism. The company plans to launch EVs domestically by September 2025, but high prices and weak demand remain concerns.

Tejas Networks reported a net loss of ₹71.8 crore for FY25, down from a profit of ₹146.8 crore in FY24. Revenue rose 43.7% to ₹1,906.9 crore, but EBITDA fell 60.7% to ₹121.5 crore, with margins dropping to 6.4%. The company recommended a ₹2.50 per share dividend, while shares closed at ₹857.35, down 3.2%.

Jio Platforms reported a 26% rise in net profit to Rs 7,022 crore in Q4 FY25, driven by tariff hikes and growth in homes and digital services. Revenue increased 18% to Rs 33,986 crore, with EBITDA up 19% at Rs 17,016 crore. ARPU rose to Rs 206.2, and subscriber base reached 488 million, including 191 million 5G users.