Asian markets are mostly trading higher on Thursday, following a positive night on Wall Street. Investors are boost by upcoming US-China trade talks and China's new stimulus measures. The US fed kept interest rates steady, warning of potential unemployment and inflation risk.

US stock market ended higher on Wednesday after the Federal Reserve kept interest rates unchanged.

Here's a table showing how US stocks performed on Wednesday:

Source: Equitymaster

At present, the BSE Sensex is trading 38 points lower, and the NSE Nifty is trading 28 points lower.

Tata Motors, Kotak Mahindra, and Power Grid Corp are among the top gainers today

ITC, Maruti Suzuki, and HDFC Bank, on the other hand, were among the top losers today.

The BSE MidCap index ended 0.2% higher, and the BSE SmallCap index ended 1% higher.

Sectoral indices were trading on a mixed note today, with stocks in the healthcare sector and realty sector witnessing selling pressure. Meanwhile, stocks in the telecommunication sector and the IT sector witness buying.
 

Coal India Profit Soars After Results

Coal India reported a 12% increase year-on-year in its Q4FY25 net profit reaching Rs 96.01 billion (bn) compared to Rs 85.7 same quarter last year.

Q4's revenue declined marginally by 1% to Rs 378.3 bn compared to Rs 382.1 bn in the same period last year. For FY25, revenue declined 1% to Rs 1,443.7 bn from Rs 1,447.6 bn previously.

Q4 expenses increased 0.4% to Rs 290.6 bn from Rs 289.5 bn in the same quarter previous year.

Coal India's EBITDA surged 3.5% to Rs 117.9 bn from Rs 113.8 bn with margin expanding 120 bps to 31.2% from 29.8%.

Raw coal production declined 1.7% to 237.7 million tonnes from 241.7 million tonnes in Q4FY24.

Coal offtake was 201.4 million tonnes, down from 201.6 million tonnes last year.

In FY25, raw coal production increased by 1% to 781.1 million tonnes and offtake increased 1% to 761.7 million tonnes.

The company's board of directors has recommended a final dividend of Rs 5.15 per share, pending approval will be done at upcoming annual general meeting.

Dabur India's Q4 Declined Sharply

Dabur India's Q4 net profit fell 8.4% to Rs 3.2 bn from Rs 3.5 bn last year.

The company's Q4 revenue rose 0.5% to Rs 28.3 bn from Rs 28.1 compared to the previous year.

Total expenses rose increased 2.7% to Rs 25.6 bn from Rs 24.9 bn compared to same period last year.

Dabur India's board of directors has recommended a final dividend of Rs 5.25 per share for the financial year 24-25, pending approval will be held in the upcoming annual general meeting.

EBITDA fell 8.6% to Rs 4.3 bn in Q4FY25 from Rs 4.7 billion year. The EBITDA margin also decreased to 15% from 16.6% year on year.

Dabur India's healthcare segment revenue fell 4.7% year-on-year in Q4 due to a milder winter, which is impacting sales. It accounts about 30% of the company's total revenue.

Home and personal care segment revenue fell 3.3%.

CEO of Dabur India said that company's international business helped offset pressure in India. Also, International business grew 19% in Q4. They expect consumer demand in India to recover gradually and hopeful about the company's future growth.
 

Jio Leads March with Massive Additions

Reliance Jio added 2.17 million subscribers in March, accounting for 74% of the industry's total additions according to the Telecom Regulatory Authority of India (TRAI) on Wednesday.

Reliance continued their momentum adding 1.8 million users in February and 0.7 million users in January.

On the other end Airtel's user addition showed for the second month, with 1.25 million new users in March, down from 1.6 million in February and 1.7 million in January.

Vodafone Idea lost 0.6 million subscribers in March, a significant increase in customer loss compared to 20,720 in February and 1.33 million in January.

BSNL gained 49.177 users in March, a turnaround after losing users in the previous two months. This comes after many subscribers who shifted to BSNL in July due to its unchanged tariffs have now reversed their additions in the last few months of 2024.

BSNL plans to launch its 4G network across India with 1 lakh towers by June.

In March Jio market share increased to 40.6% due to decline in BSNL shares.

India had 6.8 million 5G FWA subscribers in March, a 7.9% increase. Reliance Jio had 82.3% market share with 5.6 million users.

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