Stock Market Today: All You Need To Know Going Into Trade On April 30 Vrathik Jain NDTV Profit

Good morning!

GIFT Nifty fell 0.12% to 24,499.5 as of 7:01 am, indicating a muted open for Indian markets.

Asian equities inched higher, following a sixth straight session of gains for the S&P 500. Investors remained optimistic that corporates can ride out weaker economic growth and tariff-related headwinds. Australian and Japanese markets opened higher, while futures for Hong Kong stocks signalled modest gains. 

Here’s everything that could influence Indian equities today: 

Asian Cues

• Hang Seng rose 0.14%, while Japan’s Topix climbed 0.31%, and Australia’s S&P/ASX 200 advanced 0.29%.

• Shanghai Shenzhen CSI 300 fell 0.17%.

• South Korea’s Kospi rose advanced 0.092%.

• The yield on 10-year US Treasuries declined to 4.15%, falling for a seventh day. 

Get your daily fix of global markets here.

Commodity Update

• West Texas Intermediate crude declined 0.26% to $60.26 per barrel.

• Spot gold declined 0.25% to $3,309.28 an ounce.

London Metal Exchange

• Copper rose 0.66%, marking a second straight session of gains.

  Nickel slipped 0.42%.

  Aluminium climbed 1.29%, extending its two-day winning streak.

  Zinc added 0.61%, rebounding from recent losses. 

• Lead climbed 0.51%, extending gains from the previous session.

US Markets Update

• The S&P 500 rose 0.58% as Wall Street cautiously backed the stock rebound, betting that Corporate America can navigate slowing growth and tariff risks.

• The Nasdaq 100 gained 0.61%, coming within points of wiping out all losses since April 2, after traders viewed US President Donald Trump’s plan to soften auto tariffs as a positive signal amid trade tensions. 

Indian Market’s Yesterday

The Indian benchmark equity market indices ended higher for the second consecutive session on Tuesday. The NSE Nifty 50 closed 0.03% higher at 24,335.95 while the BSE Sensex ended 0.09% up at 80,288.38.

Foreign portfolio investors stayed net buyers of Indian equities for the 10th straight session on Tuesday, as they obtained stocks worth Rs 2,385.61 crore.

Domestic institutional investors stayed net buyers for the second session in a row, mopping up equities worth Rs 1,369.19 crore, according to provisional data from the National Stock Exchange.

Earnings To Watch

Cognizant, Vedanta, Adani Power, Indian Oil Corp, Ajanta Pharma, Bandhan Bank, Coromandel International, Crisil, Elantas Beck India, Equitas Small Finance Bank, Exide Industries, Federal Bank, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Indus Towers, Jindal Steel & Power, JSW Infrastructure, KSB, LG Balakrishnan & Bros, MAS Financial Services, MOIL, Paras Defence, the Phoenix Mills, Skipper, Sona BLW Precision Forgings, Sundram Fasteners, Ujjivan Small Finance Bank and Varun Beverages.

Earnings Reactions To Watch

Bajaj Finance Q4 Highlights (Cons., YoY)

• Net profit up 16% to Rs 4,480 crore versus Rs 3,825 crore. (Estimate: Rs 4,454 crore)

• Net Interest Income (NII) up 22% at Rs 10,894 crore versus Rs 8,904 crore. (Estimate: Rs 9,985 crore)

• Gross Non-Performing Assets (NPA) at 1.18% versus 1.12%.

• Net NPA at 0.56% versus 0.48%.

• Loan losses and provisions for Q4 FY25 at Rs 2,329 crore versus Rs 1,310 crore, up 77% YoY and up 14% QoQ.

• The company is set to pay a final dividend of Rs 44 per share along with a special dividend of Rs 12 per share.

• The Board has recommended splitting shares in a 1:2 ratio.

• Recommended issuing 4 bonus shares for every one held.

Long-term guidance:

• Assets Under Management (AUM) growth in the corridor of 25-27%.

• Profit growth in the corridor of 23-24%.

• Gross NPA in the corridor of 1.2-1.4%.

• Net NPA in the corridor of 0.4-0.5%.

• Return on Assets (ROA) of 4.3-4.7%.

• Return on Equity (ROE) of 19-21%.

BPCL Q4 Highlights (Standalone, QoQ)

• Revenue down 1.73% to Rs 1.11 lakh crore versus Rs 1.13 lakh crore. (Bloomberg estimates: Rs 1.08 lakh crore)

• Earnings before interest, taxes, depreciation and amortisation up 2.4% to Rs 7,765 crore versus Rs 7,580 crore.

• Margin at 7% versus 6.7%.

• Net profit down 31% to Rs 3,214 crore versus Rs 4,649 crore. (Estimates: Rs 2,525 crore)

IndiaMART InterMESH Q4 Highlights (Cons., YoY)

• Profit Beats Estimates

• Revenue up 12.8% to Rs 355 crore versus Rs 315 crore.

• Ebitda up 47.5% to Rs 130 crore versus Rs 88 crore.

• Margin at 36.7% versus 28%.

• Net profit up 81.3% to Rs 181 crore versus Rs 100 crore. (Bloomberg estimate: Rs 120 crore)

Praj Industries Q4 Highlights (Cons., YoY)

• Revenue down 15.53% at Rs 860 crore versus Rs 1,018 crore.

• Ebitda down 42.19% at Rs 75.2 crore versus Rs 130.1 crore.

• Ebitda margin down 403 basis points at 8.74% versus 12.77%.

• Net profit down 56.52% at Rs 40 crore versus Rs 92 crore.

• Order intake during the quarter: Rs 1,032 crore.

• Consolidated order backlog as on March 31, 2025 stood at Rs 4,293 crore.

Vishal Mega Mart Q4 Highlights (Cons., YoY)

• Revenue up 23.1% at Rs 2,547 crore versus Rs 2,069 crore.

• Ebitda up 42.8% at Rs 357 crore versus Rs 250 crore.

• Ebitda margin up 193 basis points at 14.01% versus 12.08%.

• Net profit up 88.52% at Rs 115 crore versus Rs 61 crore.

• Other Income aids Profit After Tax (PAT).

• Other Income grew to Rs 18.6 crore versus Rs 7 crore.

Ceat Q4FY25 (Cons., YoY)

• Net Profit down 8% at Rs 99.5 crore versus Rs 108.5 crore.

• Revenue up 14% at Rs 3,421 crore versus Rs 2,992 crore.

• Ebitda down 1% at Rs 388 crore versus Rs 391 crore.

• Margin at 11% versus 13%.

• To Pay Dividend of Rs 30 per share.

Schaeffler India Q4 Highlights (Cons., YoY)

• Revenue, Profit Miss Estimates

• Revenue up 16% to Rs 2,174 crore versus Rs 1,873 crore. (Bloomberg estimate: Rs 2,509 crore)

• Ebitda up 19% to Rs 393 crore versus Rs 330 crore.

• Margin at 18% versus 17.6%.

• Net profit up 14.5% to Rs 252 crore versus Rs 220 crore. (Bloomberg Estimates: Rs 323.2 crore)

Bajaj Finserv Q4 (YoY)

• NII up 21.64% at Rs 11,551 crore versus Rs 9,496 crore.

• Net profit up 14.06% at Rs 2,416 crore versus Rs 2,118 crore.

Segment Revenue:

• Life Insurance Gross Written Premium grew 13% to Rs 9,237 crore versus Rs 8,183 crore.

• General Insurance Gross Written Premium down 13% to Rs 4,325 crore versus Rs 4,962 crore.

Indostar Capital Q4 Highlights (Standalone, YoY)

• NII up 43.67% at Rs 125 crore versus Rs 87 crore.

• Gross Stage 3 assets at 4.52% versus 4.92%.

• Net Stage 3 assets at 2.46% versus 2.71%.

• Net profit down 37% to Rs 12.40 crore versus Rs 19.60 crore.

Fedbank Financial Q4 (YoY)

• Net Profit up 6% at Rs 72 crore versus Rs 68 crore.

• Total Income up 25.7% to Rs 537 crore versus Rs 428 crore.

CIE Automotive Q4FY25 Highlights (Cons., YoY)

• Revenue down 6.4% at Rs 2,273 crore versus Rs 2,427 crore.

• Ebitda down 7% at Rs 335 crore versus Rs 361 crore.

• Margin at 14.7% versus 15%.

• Net Profit down 10.5% at Rs 206 crore versus Rs 230 crore.

Jana Small Finance Bank Q4 Highlights (YoY)

• NII up 1% at Rs 597 crore versus Rs 592 crore.

• Net Profit down 61.6% at Rs 123 crore versus Rs 322 crore.

• Gross NPA at 2.71% versus 2.80% (QoQ).

• Net NPA flat at 0.94% (QoQ).

• Operating Profit down 14.4% at Rs 293 crore versus Rs 342 crore.

• Provisions down 1% at Rs 173 crore versus Rs 174 crore (QoQ).

• Provisions down 1% at Rs 173 crore versus Rs 175 crore (YoY).

Shoppers’ Stop Q4FY25 Highlights (Cons., YoY)

• Revenue up 1.7% to Rs 1,064 crore versus Rs 1,046.34 crore.

• EBITDA up 2% to Rs 169.92 crore versus Rs 166.69 crore.

• Margin at 16.0% versus 15.9%.

• Net Profit down 91% to Rs 1.99 crore versus Rs 23.18 crore.

Five-Star Business Finance Q4 FY25 Highlights (YoY)

• Total Income up 22.7% at Rs 760 crore versus Rs 619 crore.

• NII up 20.99% at Rs 559 crore versus Rs 462 crore.

• Gross NPA at 1.79% versus 1.62% (QoQ).

• Net NPA at 0.88% versus 0.81% (QoQ).

• Net profit up 18.2% at Rs 279 crore versus Rs 236 crore.

UTI AMC Q4 Highlights (YoY)

• Net Profit down 46.3% at Rs 87.5 crore versus Rs 163 crore.

• Total Income down 10.6% at Rs 376 crore versus Rs 420 crore.

Stocks To Watch

• IndusInd Bank: The bank’s managing director and chief executive officer Sumant Kathpalia resigned as MD & CEO amid an accounting discrepancy row.

• State Bank of India: The company to consider raising equity via QIP, FPO, other means on May 3.

• Prestige Estates: The company issued a corporate guarantee of up to Rs 750 crore to arm and received a nod from Real Estate Regulatory Authority for launch of Residential Project ‘The Prestige City-Indirapuram’ in NCR.

• V-Mart Retail: The company to consider the proposal of issue of bonus shares on May 2.

• Alembic Pharma: The company received US FDA Establishment Inspection Report for inspection at Panelav unit.

• Praj Industries: The company partners with Thyssenkrupp Uhde to offer end-to-end integrated technology for production of Polylactic Acid.

• Escorts Kubota: The sale or transfer of RED Business has been mutually extended to June 1 from May 1, 2025.

Media Reports

• Private sector capital expenditure is likely to fall 25% to Rs 4.88 lakh crore in the financial year 2025–26, according to a government survey, PTI reported.

• The Telecom Regulatory Authority of India has issued a pre-discussion paper to review tariffs for domestic leased circuits, PTI reported.

Primary Market Offerings

• Ather Energy: The public issue was subscribed 0.28 times on day 2. The bids were led by non-institutional investors with 0.27 times, retail investors with 1.12 times, portion reserved for employees with 3.18 times and no bids were qualified by qualified institutional buyers.

Bulk Deals

• Tata Technologies: TPG Rise Climate Sf Pte sold 1.58 crore shares or 3.91% at Rs 673.26 apiece, Irage Broking Services LLP bought 27.32 lakh shares or 0.67% at Rs 674.12 apiece.

Trading Tweaks

• Price Band changes from 5 to 20%: Quess Corp.

• Ex-Dividend: Tanla Platforms, Vesuvius India.

• List of securities shortlisted in Short – Term ASM Framework Stage 1: E2E Networks

• List of securities to be excluded from ASM Framework: Goldiam International, Soma Textiles & Industries.

F&O Cues

• Nifty May Futures down by 0.1% to 24,429 at a premium of 94 points.

• Nifty May futures open interest up by 3.5%.

• Nifty Options April 30 Expiry: Maximum call open interest at 24,500 and maximum put open interest at 24,300.

• Put-Call ratio at 0.67, with highest change in call open interest at24,400.

• Securities in ban period: RBL Bank

Rupee/Bond

• Rupee closed 22 paise weaker at 85.26 against US dollar. It closed at 85.03 a dollar on Monday

• The yield on the benchmark 10-year government bond ended flat at 6.34%.

. Read more on Markets by NDTV Profit.The NSE Nifty 50 closed 0.03% higher at 24,335.95, while the BSE Sensex ended 0.09% up at 80,288.38.  Read MoreMarkets, Notifications 

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