Market Movement and Specific Counters :
Markets correct after zooming on Sindhoor effect.
L&T shares recover from day’s low after bagging orders worth up to ₹5,000 crore
L&T reported its fourth quarter earnings last week. Its net profit increased 25% to ₹5,497 crore in the March quarter from ₹5,024 crore in the year-ago period. Its revenue of ₹74,392 crore was up 11% from the previous year’s ₹67,078 crore.
Defence stocks gain up to 7% after PM Modi says time has come for ‘Made in India’ equipment
Shares of Bharat Electronics Ltd (BEL) gained 4% to hit an intraday high of 335.9 apiece in trade on Tuesday. Bharat Dynamics Ltd gained 3.47% at 1,624.5 apiece. Meanwhile, shares of Hindustan Aeronautics and Solar Industries were up 2.38% and 2.23%, hitting their intraday highs of 4,590 and 13,586 apiece, respectively
Power Mech Projects shares surge after winning ₹972 crore project in Telangana
Earlier this year, in April (2025), the company had bagged a ₹425 crore worth order from Mirzapur Thermal Energy, Mirzapur, Uttar Pradesh. Another major deal recently secured by the company includes a ₹972.135 crore order from the NHAI for the construction of a 4-lane bypass in Jharkhand in a hybrid annuity mode.
Gold prices dip after US-China tariff rollback: Will rates fall further
In India, 24-karat gold was priced at ₹9,562 per gram, 22-karat at ₹8,765, and 18-karat at ₹7,172, according to Goodreturns. Spot gold was flat at $3,230.99 an ounce at 03:09 GMT.
US gold futures rose marginally by 0.2% to $3,235.20 an ounce.Thank you for reading this post, don't forget to subscribe!
In India, 24-karat gold was priced at ₹9,562 per gram, 22-karat at ₹8,765, and 18-karat at ₹7,172,
Recent IPO-Ather Energy slashes Q4 loss, revenue jumps 29% on Rizta scooter surge
Electric scooter maker Ather Energy cut its Q4 FY25 loss to ₹234.4 crore as revenue surged 29% year-on-year to ₹676 crore, boosted by strong sales of its Rizta family scooter.
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