Asian markets are trading muted on Monday, due to public holidays in major markets like Japan, South Korea, Hong Kong, and mainland China.

US stocks were slightly down on Friday, due to rising crude oil production, which caused oil prices to fall. Meanwhile US president Trump hinted a potential tariff deals as early as this week.

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

Source: Equitymaster

At present, the BSE Sensex is trading 426 points higher, and the NSE Nifty is trading 133 points higher.

Adani Ports, Bajaj Finserv, and Asian Paints are among the top gainers today

Kotak Mahindra, SBI, and Sun Pharma, on the other hand, were among the top losers today.

The BSE MidCap index ended 0.9 % higher, and the BSE SmallCap index ended 0.5% higher.

Baring banking sector and reality sector all other Sectoral indices were trading on positive note with stocks in IT sector and oil & gas sector witnessing buying.
 

Dmart's Q4 Profit Rises with Revenue

Dmart's Q4 result surged by 2.6% in net profit to Rs 6.2 bn compared to Rs 6.04 bn. Operational revenue grew 16.7% year over year.

The company's profit 21% to Rs 5.5 bn from Rs 7.8 bn. Revenue from operation dropped 7% to Rs 144.6 bn from Rs 155.6 bn.

DMart also added 28 new stores in Q4FY25. For the fiscal year 2025, the company added 50 new stores.

Shares price of the Dmart was down 12% in last year but increased by 5% in last three years.

It also faced challenges inQ4 including impact profit margin, increase wages due labour shortages and ongoing investments to improve customer services and enhancing new store launches.

It also saw a strong growth in metro cities, driven by home delivery sales.

The company views FY25 as rest and review year strengthening their beliefs in the scalability of Dmart.
 

Tata Motors Raises Fund Via NCDs

Tata Motors is going to raise Rs 5 bn through non-convertible debentures (NCDs) ahead of its Q4 results and dividend announcement.

The company will issue 50,000 NCDs worth Rs 1 lakh each, divided into two tranches with a 7.08 interest rate, maturing in 2028. This will help company raising funds without converting to equity shares.

The company will soon declare its Q4 results and dividend announcement in upcoming board meetings.

Kotak Mahindra Bank Reports Q4 loss

Kotak Mahindra Bank's Q4FY25 net profit declines 14% to Rs 35.5 bn compared to the same period last year.

The Bank's net interest income (NII) grew 4.5% to Rs 72.8 bn.

Also, the total income rose 6.8% Rs 31.8 bn, while the total expenditure jumped 14.4% to Rs 112.4 bn. The average total deposits grew 15% year over year to Rs 4684.8 bn in Q4FY25.

Kotak Mahindra Bank's board declared a dividend of Rs 2.5 per share, subject to shareholder approval at the annual meeting.

Bank saw a strong growth, with loan rising 13% and deposits growing 15%.

The bank has recently cut interest rates on saving accounts by 0.25% for specific balance slabs.
 

Azad Engineering inks deal with GE Vernova

Hyderabad based Azad Engineering has signed a 6-year contract with GE Vernova Power to manufacture and supply precision components for the global power sector.

The agreement worth Rs 4.5 bn to supply advanced components including rotating & stationary air foils to GE Vernova for use in nuclear, industrial and thermal power applications globally.

This deal strengthens Azad Engineering partnership with GE Vernova and reputation as a reliable supplier of critical components for the global energy sector.

The 6 years contract highlighting the partnership, showcasing India's growth role in global industrials supply chain.

Azad Engineering recent deal with GE Vernova aligns with its goal to emerge as a top player in gas turbine component manufacturing.

This is their second deal under three months following a Rs 0.7 bn contract with Japan's Mitsubishi Heavy Industries in November 2024.

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