Latest Stock Market News

Persistent Systems reported a 25.5% YoY rise in Q4 FY25 PAT to Rs 395.76 crore, with revenue up 25.2% at Rs 3,242.11 crore. The board proposed a final dividend of Rs 15, taking FY25 s total to Rs 35 per share. TCV stood at Rs 4,312.95 crore. CEO Sandeep Kalra emphasised AI-led growth, targeting $2 billion in revenue by FY27.

HUL Q4 Results: Hindustan Unilever (HUL) reported a 3.7% YoY increase in net profit, reaching ₹2,493 crore for Q4FY25. Revenue from operations grew by 2.4% to ₹15,214 crore. The company announced a final dividend of ₹24 per share. CEO Rohit Jawa highlighted a turnover surpassing ₹60,000 crore in FY25.

Jefferies strategist Christopher Wood warns that the U.S. market has peaked, forecasting further declines in equities, Treasury bonds, and the dollar. He urges investors to diversify into Chinese, Indian, and European assets. With U.S. valuations at extremes and global dominance shrinking, Wood sees a long-term shift favoring emerging markets, especially India, which remains under-owned globally.

Syngene International s shares plummeted 10% following a reported 3% year-on-year decline in consolidated net profit for Q4 FY25, despite an 11% increase in revenue. The company s EBITDA rose, but margins slightly decreased. Despite the dip, Syngene is optimistic about long-term growth, driven by its biologics CDMO business and research division, further supported by a recent acquisition in the US.

Eternal, Zomato s parent company, experienced a 1.7% stock dip following CEO Rakesh Ranjan s resignation, though he will remain in a different role. Founder Deepinder Goyal will temporarily oversee the food delivery vertical amid an internal reshuffle and broader sector slowdown. Concerns linger about Zomato s market share as competitors expand rapid delivery services, despite a modest GOV increase.

​What the market has lacked for quite a while since April 2nd is any form of certainty. And while I do not think we have any certainty from these discussions, there is at least a positive movement towards trying to rectify some of these trade issues.

US President Donald Trump highlighted his good personal relationship with Chinese President Xi Jinping, suggesting that a breakthrough could be possible.

Reliance Industries Q4 profit is expected to decline 5% YoY due to a weak O2C business, despite anticipated growth in the retail and Jio sectors. While consolidated EBITDA is projected to rise slightly, driven by telecom tariff hikes and retail improvements, O2C performance is expected to drag overall earnings down.

Nestle saw a rise in sales. The company s first-quarter organic sales grew more than expected. This is because the price of Kit-Kat and Nescafe increased. CEO Laurent Freixe says the company is maintaining its 2025 outlook. Nestle expects organic sales growth to improve. The company estimates a profit margin at or above 16%.

Nokia s first-quarter profit significantly missed market expectations, reporting 156 million euros against an expected 243.83 million euros. The company anticipates a 20-30 million euro hit to its second-quarter profit due to U.S. tariffs, potentially impacting its growing North American sales. Despite this, Nokia confirmed its full-year outlook and announced a strategic 5G partnership extension with T-Mobile.