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Cyient DLM reported an adjusted PAT of Rs 166 crore for the quarter. Revenue grew 38.4% YoY to Rs 4,442 crore, while adjusted EBITDA rose 21.9% YoY to Rs 359 crore. However, the EBITDA margin contracted by 109 basis points to 8.1%, and the adjusted PAT margin declined 200 basis points YoY, settling at 3.7%.

Bharat Dynamics share price: After resuming its upward momentum, the stock broke above its downward trendline and began forming higher highs and higher lows, finding support along an upward-moving trendline.

Rohit Srivastava, Founder of Strike Money Analytics, highlights the impacts of a rising dollar and bond yields on the Nifty, predicting further downside with significant levels to watch at 22,800 and potentially lower, while emphasizing caution against buying dips in a weak market.

Ultratech Cement’s revenue from operations in the third quarter is expected to grow by just 1% YoY, while PAT may decline 29% YoY, according to an average estimate of four brokerages. EBITDA is projected to fall 14% YoY, with operating margins contracting by 3.1 percentage points to 16%. Ultratech faces pricing pressure from peers despite its strong branding, with analysts citing weaker realizations due to subdued white cement and clinker sales.

The Relative Strength Index of the stock stood at 32.82 on Wednesday.

Promoters held 70.08 per cent stake in the company as of 31-Dec-2024, while FII and DII ownership stood at 5.7 per cent and 5.36 per cent, respectively.

FIIs and MFs increased investments in 32 stocks in FY25, with 15 delivering 50-200% gains. Notable multibaggers include Pokarna, Transformers & Rectifiers, and Gravita India.

The stock traded at a P/E multiple of 54.21, while the price-to-book value ratio stood at 14.15.

Experts note that most grey market activity for IPOs occurs before the issue is launched. IPOs with higher grey market premiums often see strong subscription numbers, making GMP a key factor for investors. Many investors base their decisions solely on GMP, using it as an indicator of potential returns and market interest in the offering.

​We think this churn will also go, there is an end to this churn as well. But in the short term, it will change the landscape. For consumers in India across price bands, if you can deliver products at best price points to their doorstep, there is going to be gradual take-up.