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United Breweries reported a significant 54.9% YoY decline in Q3 net profit to Rs 38.3 crore, impacted by an exceptional loss. Despite a 9.6% revenue growth to Rs 1,998.4 crore driven by higher sales volumes, EBITDA fell 3.1%, with operating margins shrinking to 7.1%. The new Amstel Grande beer aimed to boost sales.

Mayuresh Joshi from Marketsmith India sees opportunities for Indian companies in steel, cement, core engineering, and textiles due to geopolitical changes. A shift in global trade dynamics could benefit Indian businesses. Agrochemicals and hospitals also look promising. Companies like Coromandel International, Krishna Institute Of Medical Sciences, and Max Healthcare may continue performing well.

ICICI Securities has reiterated a buy rating on Jubilant Foodworks, raising its target price to Rs 780. The company reported a consolidated total income of Rs 2168.09 crore for the quarter ending December 2024, up 56.85% from the same period last year. Jubilant Foodworks is expected to see significant growth with revenue and profit projections for the coming years.

The S&P 500 rose on Thursday, driven by gains in Nvidia, Apple, and Tesla. This followed President Trump s plan to implement reciprocal tariffs on U.S. trading partners. Positive U.S. producer price data and a benign core PCE index also boosted investor confidence, pushing the index close to its January 23 record high.

Gold prices remained steady on Friday, heading for a seventh weekly gain amid concerns of a global trade war triggered by President Trump s tariff plans. Spot gold hit $2,929.02 per ounce, nearing its record peak, while U.S. gold futures rose 0.4% to $2,957.50.

The U.S. dollar steadied as traders weighed the impact of Washington s reciprocal tariffs. President Trump directed his team to plan for tariffs on countries taxing U.S. imports, with potential implementation in weeks. Inflation concerns eased with the latest producer price report. Major currencies, including the yen and euro, showed marginal movements amid global economic developments.

Eleganz Interiors shares to be listed on NSE SME platform with a GMP indicating a single-digit premium over the issue price. The IPO, which received 30 times subscription, aims to use net proceeds for debt repayment, working capital requirements, and enhancing corporate purposes, focusing on comprehensive interior fit-out solutions.

Key companies announcing their third quarter results include Samvardhana Motherson, RVNL, Glenmark, Swan Energy, and Zen Tech. Samvardhana Motherson is expected to see profits rise by 68% YoY, while Glenmark Pharma s profit is anticipated to improve significantly, with revenues from operations rising 38% YoY.

Quality Power Electrical Equipments IPO opens on Friday with a mix of fresh issue and OFS. The company aims to fund capital expenditure, acquisitions, and strategic initiatives. Analysts recommend subscribing for long-term gains due to the company s strategic position in high-voltage power products and diversified global customer base.