Latest Stock Market News

Trent is expected to report a 38-40% YoY revenue growth for Q3FY25, with sales projected between Rs 4,571-4,637 crore. Net profit estimates range from Rs 511-574 crore. Brokerages remain optimistic, citing strong store expansion. Investors should track demand trends and margin performance.

Lemon Tree Hotels shares jumped 5% after Q3 FY25 net profit surged 76.6% YoY to Rs 62.5 crore. Revenue rose 22% to Rs 355.18 crore, with EBITDA up 30%. The company plans expansion and renovations, aiming for sustained growth. Analysts maintain a ‘Buy’ rating with a Rs 157 target.

The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that extent and it is also now completely behind us in the quarter three of FY25. So, going forward that effect will not be there, that was a big dampener on the total margin of the business and of the company.

Venugopal Garre from Bernstein emphasizes recovery trading focusing on sectors like financials and utilities, which underperformed last year. With easing measures, tax cuts, and macro recovery on the horizon, there s potential for these sectors to improve. A diverse selection of larger companies is being made, aiming for specific stocks that show signs of normalisation.

Venugopal Garre projects a 12% Nifty return, shifting to a constructive outlook on India’s macroeconomy. He expects consumer sentiment to rise post-budget but sees selective investment opportunities in recovery trades like financials and consumer durables. While FIIs remain cautious, domestic institutions are set to play a larger role in driving market growth.

This marks Info Edge s first stock split, although the company had issued bonus shares in 2010 and 2012 at a 1:1 ratio. Over the past three years, Info Edge has also distributed Rs 66 per share in dividends.

Zomato s potential inclusion is anticipated to attract a substantial inflow of funds, estimated at $702 million, which could increase demand for its shares. The inclusion is expected to involve 261.8 million shares.

Citigroup Inc. and HSBC Holdings Plc are among the banks that have lowered their profit forecasts after the latest earnings reports from major Indian companies, including Adani Enterprises Ltd. and Tata Motors Ltd., fell short of expectations.

Bharti Airtel s third quarter earnings are expected to experience significant growth due to the consolidation of Indus Towers. Analysts predict a 109% YoY increase in net profit and a 17% rise in revenues. EBITDA is projected to grow by 15% YoY, with ARPU estimated between Rs 244-249. Factors to watch include 5G adoption, capex trajectory, and future tariff hikes.