Report on Markets, Specific Shares Movement etc :

Markets flat- Defence, Gold, Rail stocks up.

Gold: Rates jump on weaker dollar, tariff worries; experts highlight key levels for MCX Gold

Gold price today: Gold rates rose 1% in domestic futures trading on Monday, reaching ₹93,317 per 10 grams, driven by a weaker dollar and concerns over Trump-era tariffs. International prices also increased due to safe-haven demand following comments from US Treasury Secretary Scott Bessent.

Gold price today: Gold prices climbed 1 per cent in the morning session of trade on the domestic futures market Monday, amid a weaker dollar and renewed fears of Trump-era tariffs. MCX Gold June 5 contract traded 0.95 per cent higher at ₹93,317 per 10 grams around 9:10 AM.

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International gold prices also rose after US Treasury Secretary Scott Bessent’s comments on President Donald Trump’s tariff threats fuelled safe haven demand, reported Reuters.

Reuters reported, quoting Treasury Secretary Scott Bessent saying in television interviews on Sunday that “Trump would impose tariffs at the rate he threatened last month on trade partners that do not negotiate in good faith on deals.”

RailTel, IRFC to Rites: Not just defence — railway stocks are on a roll too, surge up to 30% in May

Railway stocks in focus today: Railway stocks are experiencing a rally in response to increased order activity. Companies like RailTel and RITES recorded substantial gains in May, with positive earnings reports boosting investor confidence and market interest in these sectors.

Railway stocks in focus today: Railway stocks are on a roll too; RVNL, RailTel and others jump up to 30% in May.

Railway stocks in focus: Defence stocks have become a hot segment for Dalal Street investors ever since tensions between India and Pakistan escalated, bringing these domestic-focused companies back into the spotlight and triggering strong rallies similar to those seen during the first half of 2024.

Railway stocks also joined the rally, with most stocks in the segment gaining sharply. Shares of Rail Vikas Nigam, RITES, BEML, Ircon International, RailTel Corporation of India, IRCTC, and Indian Railway Finance Corporation delivered returns of up to 30% in May, as investors responded positively to steady order wins and healthy performance in the March quarter.

Vodafone Idea share price falls 3% after govt rejects $5 billion dues waiver

According to Reuters report, the Department of Telecommunications (DoT) denied a request from Vodafone Idea CEO Akshaya Moondra for relief from interest and penalties related to a $9.76 billion dues claim, on April 29.

Vodafone Idea share price falls over 3.66 per cent in Monday’s trading session after the telecom operator moved the Supreme Court challenging the government’s denial of its plea to waive more than $5 billion in interest and penalties related to statutory dues.

At 9:20 am, Vodafone Idea share price was trading at ₹7.10 apiece on May 19, against previous close at ₹7.37.

According to Reuters report, the Department of Telecommunications (DoT) denied a request from Vodafone Idea CEO Akshaya Moondra for relief from interest and penalties related to a $9.76 billion dues claim, on April 29.

 “The request cannot be considered,” the communications ministry said even though Moondra had cautioned that the future of India’s third-largest telecom.

Anil Ambani group stock Reliance Power gains 4% on ₹2,000 crore solar power project from Bhutan. Details here

Reliance Power share price hogged the limelight in trade on Monday, May 19, after the company announced entering into an agreement with Green Digital Private Limited, owned by the government of Bhutan, to develop the country’s largest 500 MW solar power project through a 50:50 joint venture.

Reliance Power has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL).

Anil Ambani group stock Reliance Power hogged the limelight in trade on Monday, May 19, after the company announced entering into an agreement with Green Digital Private Limited, owned by the government of Bhutan, to develop the country’s largest 500 MW solar power project through a 50:50 joint venture. 

Following the project win, Reliance Power share price jumped nearly 4% in intraday trade today.

Reliance Power signs PPA with Bhutan govt

Reliance Power, in an exchange filing earlier today, said it has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan.

Under the agreement, Reliance Power and DHI will jointly develop Bhutan’s largest solar power project through a 50:50 venture, with an installed capacity of 500 MW. The project entails a capital outlay of up to ₹2,000 crore under Build-Own-Operate (BOO) model, representing the largest private sector foreign direct investment (FDI) in Bhutan’s solar

Drone stock ZEN Technologies hits 5% upper circuit post Q4 results, dividend announcement

Stock Market Today: Drone stock ZEN Technologies saw its share price rise 5% to hit the upper circuit in the morning trade on Monday. The stock reacted to the company’s robust Q4 results and final dividend announcement.

Drone stock ZEN Technologies saw its share price rise 5% to the upper circuit limit in the morning trade on Monday, following the declaration of Q4 results and a dividend over the weekend. ZEN Technologies reported a significant 189% year-on-year (YoY) increase in the consolidated net profit to ₹101.04 crore for the quarter ended March 2025, as against ₹34.94 crore during the same time the previous year.

The revenues from operations increased by 129.9% YoY to ₹324.97 crore from ₹141.38 crore in Q4 of FY24. The earnings before interest, tax, depreciation and amortisation (EBITDA) stood at around ₹138 crore, a nearly 2-fold increase from ₹50.5 crore in the year-ago quarter.