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Informist, Friday, Aug. 1, 2025                                      Tel +91 (22) 6985-4000

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Equity Alert: Tube Investments down 1% ahead of Apr-Jun earnings

 

MUMBAI--1040 IST--Shares of Tube Investments of India fell 1.4% to an intraday low of INR 2,800.20 ahead of the company's June quarter earnings due later in the day. The company is expected to reported muted earnings for the reporting quarter. At 1038 IST, the stock was 1% lower at INR 2,812.

 

Motilal Oswal Financial Services expects the company's net profit for the quarter to rise 4% on year to INR 1.61 billion. The brokerage also sees its revenue rising over 5% on year to INR 20.60 billion. Sequentially, the net profit is seen falling 80%, while revenue is seen declining 5%. The brokerage expects the company's earnings before interest, tax, depreciation, and amortisation at INR 2.47 billion. It sees EBITDA margin declining 20 basis points on year to 12%.

 

"Demand remained weak across segments...while metal formed division is expected to grow by 8% YoY, mobility/engineering divisions are expected to grow ~1%/4% YoY," the brokerage said in its earnings preview report. The company's share price has fallen 2.1% from its closing price on May 15, when it reported its earnings for the March quarter.  (Akash Mandal)

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Equity Alert: Indices open in red; pharma, healthcare stocks worst hit

 

 

MUMBAI--1010 IST--Benchmark indices opened lower Friday dragged down by healthcare and information technology stocks. At 0940 IST, the Nifty 50 index was down 0.3% at 24699.75 points and the BSE Sensex index was down 0.2% at 80991.69 points. Sun Pharmaceutical Industries declined over 4% and was the biggest loser in the 50-stock index in early trade after the company reported a lower-than-expected bottom line on year for the June quarter. Most other pharmaceutical and healthcare stocks were also down. 

 

Hindustan Unilever was the biggest gainer in the Nifty 50 index in early trade, rising nearly 4%. The company's management said in its post-earnings call that growth in rural areas has continued to outpace urban areas, including in sales via e-commerce channels. The company reported strong earnings for the June quarter. Eicher Motors rose over 2?ter the company posted a slightly better-than-expected consolidated net profit for Apr-Jun. Nestle India gained a little over 1% and rose for the third straight session. 

 

Among the Nifty 200 stocks, Suzlon Energy rose over 5% and emerged the best performing stock after it won a 381 MW order from Zelestra India. Dabur India was up over 2%, rising for the third straight session. Shares of Swiggy declined nearly 4%. The company posted steeper than expected losses in the reporting quarter. Shares of Solar Industries India and Aurobindo Pharma were down over 3?ch and were among the worst performing stocks in the Nifty 200 index. 

 

Chalet Hotels rose over 11% and was the biggest gainer in the Nifty 500 index after the company's Apr-Jun consolidated net profit surpassed analysts' estimates. Netweb Technologies was up nearly 9%. PNB Housing Finance declined over 15% and was the biggest loser in the Nifty 500 index. This comes after the resignation of its Managing Director and Chief Executive Officer Girish Kousgi. (P. Madhu Kumar)

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Equity Alert: Asian indices mixed amid more US tariff-related woes

 

MUMBAI--0842 IST--Asian markets were mixed Friday after US President Donald Trump signed an executive order late Thursday imposing tariffs ranging from 10-40% on several countries. These tariffs will kick in later in the day. South Korea's Kospi was down nearly 3% and was the worst-hit among its Asian peers. The index declined for the second straight session after Trump announced 15% tariffs on South Korean exports to the US.  

 

Australia's SP/ASX 200 index was down nearly 1% and fell for the second consecutive session. The S&P Global manufacturing Purchasing Managers' Index rose to 51.3 in July compared with 50.6 in June. Taiwan's TAIEX index was down 0.6?ter Trump announced a 20% tariff for the country's imports. 

 

Japan's Nikkei 225 index fell 0.4% in early trade. The company's jobless rate in June was unchanged from the previous month at 2.5%, government data showed on Friday. The figure was in line with the forecast by a Reuters poll. Among the gainers in the region, Indonesia's IDX Composite was biggest gainer, rising nearly 1%, and Japan's Topix index was up 0.4%. Singapore's FTSE Singapore Strait Times snapped a five-day losing run and was up 0.3%. 

 

Following are the levels of key Asian indices at 0830 IST:

 

INDEX	LEVEL	CHANGE IN %
CSI 300 Index	4067.3408	(-)0.2
Hang Seng Index	24735.34	(-)0.15
Nikkei 225 Day	40914.66	(-)0.38
TOPIX FIRST SECTION	2955.39	0.42
KOSPI	3154.44	(-)2.8
FTSE Singapore Straits Times	4185.42	0.28
S&P/ASX 200 Index	8674.1	(-)0.79

 

(P. Madhu Kumar)

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Equity Alert: Indices seen opening lower ahead of US tariff; earnings eyed

 

 

MUMBAI--0806 IST--Benchmark indices are likely to open lower on Friday but are seen moving broadly in range during the session as the US reciprocal tariff kicks in later in the day. Investors will also focus on corporate earnings, with ITC set to report its June quarter numbers during the day. The Nifty 50 is likely to move in a range of 24500-25000. 

 

Analysts said the market remains in an oversold zone after underperforming over the last few weeks, thus seeing a chance for some upside. Investors will also eye further trade negotiations between the US and India, as the Indian government pushes for better terms despite the US already imposing a higher-than-expected 25% tariff. Many analysts believe that there is some room left for negotiations, and that the 25% tariff rate would not be final.

 

The August contract of the GIFT Nifty indicates a weak start for the market. At 0751 IST, the index was at 24732 points, down over 36 points from the Nifty 50's previous close. On Thursday, the Nifty 50 closed at 24768.35 points, down 86.70 points or 0.4%. The BSE Sensex ended at 81185.58 points, down 296.28 points or 0.4%. 

 

Overnight, indices in the US ended lower as weak corporate earnings weighed on the market. Asian indices were mixed in early trade Friday as US tariffs kick in. South Korea's Kospi was down nearly 3%, the worst hit in the region.  (Akash Mandal)

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Equity Alert: US indices end lower Thu as weak earnings weigh

 

MUMBAI--0727 IST--Indices in the US ended lower Thursday as some weak corporate earnings weighed on the market. The Dow Jones Industrial Average and the S&P 500 ended lower, while the Nasdaq Composite closed the session flat. A host of companies ended lower after reporting their earnings during the session.

 

Health insurer UnitedHealth ended nearly 8% lower and was the biggest drag on the Dow Jones after a dissapointing profit forecast for the year. Boeing closed over 4% lower despite reporting a smaller loss for the second quarter. Merck fell nearly 2?ter the drugmaker said it was extending its pause on shipments of HPV vaccine Gardasil to China until at least the end of 2025 due to persistent weakness in demand, Reuters reported.

 

United Parcel Service plunged nearly 7?ter it again declined to issue a forecast for annual revenue and margin, deepening concerns that the US' volatile trade policy was weighing on the company. Home appliances maker Whirlpool plunged over 13?ter it cut its earnings forecast and dividend, citing pressure from a pull-forward in imports by rivals ahead of US President Trump's tariffs, Reuters reported.

 

"Earnings have been a bit of a mix. Economic data has been somewhat mixed too, but not enough to move the needle in terms of the Fed," Reuters reported Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder, as saying. "The next two days, you have Microsoft, Meta, Apple, Amazon - those are big companies, and they will move markets depending on how the earnings are and how the outlooks are," Ghriskey said.

 

On the data front, consumer confidence in the US rose to a higher-than-expected 97.2 in July, up 2 points on month. Reuters had estimated the consumer confidence to come in at 95. 

 

Following are the closing levels of US indices Thursday:

 

INDEX	LAST LEVEL	CHANGE IN %
Dow Jones Industrial Average	44130.98	(-)0.74
NASDAQ Composite	21122.448	(-)0.03
S&P 500	6339.39	(-)0.37

 

(Akash Mandal)

 

End

 

US$1 = INR 87.37

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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