Analysis Financial News

«I guess 2025 will perhaps not see acceleration in growth slowdown, but more of the same of 2024 would likely continue, that is how I kind of think of how macro would evolve,» says Maneesh Dangi, Macro Mosaic Investing. So, tell me, is it going to be as happy in the year ahead or not because the macros definitely have gotten wobbly, some of it is already in the price in the year gone by, but what is lined up ahead? Maneesh Dangi: I guess in 2024, the macro sort of evolved, surprisingly that US continued to stay strong, but India certainly weakened a lot more than what most of us anticipated. And I guess since these growth trends to last for longer than six-eight months, it is more likely than not that India would continue to stay in a slow lane. At some point in time, hopefully US slows and then gives us breathing space to cut rates and ease regulatory environment, and of course, that perhaps would put a floor to the growth slowdown. So, I guess 2025 will perhaps not see acceleration in growth slowdown, but more of the same of 2024 would likely continue, that is how I kind of think of how macro would evolve.

Bharat Electronics Ltd. traded 0.42 per cent at Rs 292.65 at 12:27PM (IST) on Thursday, even as BSE benchmark Sensex 816.01 points to 79323.42. The scrip had closed at Rs 293.90 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 340.35 and Rs 171.70, respectively.

Au Small Finance Bank Ltd. traded 0.51 per cent in Thursday's session at 11:52AM (IST). The stock opened at Rs 568.70 and has touched an intraday high and low of Rs 570.70 and Rs 562.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 813.00 and a 52-week low of 534.00. About 12,975 shares changed hands on the counter so far.

Colgate-Palmolive (India) Ltd. traded 1.01 per cent in Thursday's session at 11:57AM (IST). The stock opened at Rs 2702.00 and has touched an intraday high and low of Rs 2733.50 and Rs 2694.45, respectively, during the session so far. The stock quoted a 52-week high of Rs 3893.00 and a 52-week low of 2380.05. About 7,756 shares changed hands on the counter so far.

Varun Beverages Ltd. traded 0.85 per cent in Thursday's session at 12:02PM (IST). The stock opened at Rs 651.80 and has touched an intraday high and low of Rs 663.70 and Rs 648.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 478.48. About 43,211 shares changed hands on the counter so far.

Bajaj Holdings & Investment Ltd. traded 0.47 per cent in Thursday's session at 11:47AM (IST). The stock opened at Rs 11871.75 and has touched an intraday high and low of Rs 12015.65 and Rs 11828.30, respectively, during the session so far. The stock quoted a 52-week high of Rs 13221.50 and a 52-week low of 7667.15. About 856 shares changed hands on the counter so far.

Voltas Ltd. 0.38 per cent to Rs 1832.00 in Thursday's trade as of 11:01AM (IST). The stock hit a high price of Rs 1850.95 and low of Rs 1816.40 during the session.

Ashok Leyland Ltd.(up 3.38 per cent), Maruti Suzuki India Ltd.(up 2.86 per cent), Mahindra & Mahindra Ltd.(up 2.73 per cent), TVS Motor Company Ltd.(up 1.83 per cent) and Eicher Motors Ltd.(up 1.45 per cent) were among the top gainers.

United Spirits Ltd. traded at Rs 1679.00 on BSE at 10:56AM (IST) on Thursday, 1.34 per cent from previous close. The stock quoted a 52-week low price of Rs 1055.65 and a high of Rs 1684.00.

KM Sugar Mills Ltd.(up 3.53%), Kothari Sugars & Chemicals Ltd.(up 2.01%), Bannari Amman Sugars Ltd.(up 1.54%), Simbhaoli Sugars Ltd.(up 1.40%), Sakthi Sugars Ltd.(up 1.15%), Ponni Sugars(Erode)Ltd.(up 0.93%), Mawana Sugars Ltd.(up 0.73%), Rajshree Sugars & Chemicals Ltd.(up 0.33%) and Uttam Sugar Mills Ltd.(up 0.02%) were among the top gainers.

Raymond Ltd.(up 2.87 per cent), Phoenix Mills Ltd.(up 1.26 per cent), Brigade Enterprises Ltd.(up 0.82 per cent) and Mahindra Lifespace Developers Ltd.(up 0.16 per cent) were among the top gainers.

Tube Investments of India Ltd. traded at Rs 3626.25 on BSE at 10:35AM (IST) on Thursday, 1.39 per cent from previous close. The stock quoted a 52-week low price of Rs 3338.80 and a high of Rs 4807.05.

Shree Cements Ltd. traded 1.32 per cent in Thursday's session at 10:30AM (IST). The stock opened at Rs 25636.95 and has touched an intraday high and low of Rs 25857.90 and Rs 25596.95, respectively, during the session so far. The stock quoted a 52-week high of Rs 30710.15 and a 52-week low of 23500.15. About 29 shares changed hands on the counter so far.

Ipca Laboratories Ltd.(up 1.19 per cent), Biocon Ltd.(up 0.91 per cent), Gland Pharma Ltd.(up 0.66 per cent), Dr. Reddy's Laboratories Ltd.(up 0.49 per cent) and Granules India Ltd.(up 0.48 per cent) were among the top gainers.

«We are at the end of that regulatory tightening cycle. Then second, interest rates have been very high for a long time. We are maybe three-six months away from where at least the liquidity part of the interest rates should start easing out unless Trump does something really drastic in US and then the asset quality cycle, that also in microfinance, personal loans, that we are already seeing that the deterioration has happened,» says Digant Haria, GreenEdge Wealth. Is it going to be bigger, better for the financial sector because last two to three years, the Bank Nifty has been underperforming the benchmark index. A lot of these stocks are just sideways. This morning there is a positive news at least on Kotak Mahindra Bank wherein you have Citi upgrading it. But is it going to be a year of financials come back? Digant Haria: So, you are right, last two years have been tough for the financial sector. The sector, it seems that the valuations are cheap, but then we have growth slowdown also. I do not think that the first half of 2025 is going to be any magic for this entire banking sector or the NBFC space. But we are very close to the bottom, if not the bottom and when we say bottom, it is in terms of business that the RBI started tightening somewhere 12 months back.

Indowind Energy Ltd.(up 10.00%), Karma Energy Ltd.(up 5.27%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), GMR Power and Urban Infra Ltd.(up 4.17%), Ravindra Energy Ltd.(up 3.00%), KPI Green Energy Ltd.(up 1.80%), India Power Corporation Ltd.(up 1.43%), Power and Instrumentation(Gujarat)Ltd.(up 1.41%) and Gujarat Industries Power Company Ltd.(up 1.33%) were among the top gainers.

Tasty Bite Eatables Ltd.(up 2.71%), Dangee Dums Ltd.(up 1.76%), Sheetal Cool Products Ltd.(up 1.14%), Nakoda Group Of Industries Ltd.(up 0.76%), Nakoda Group Of Industries Ltd.(up 0.76%), Dodla Dairy Ltd.(up 0.69%), Euro India Fresh Foods Ltd.(up 0.68%), LT Foods Ltd.(up 0.58%), Heritage Foods Ltd.(up 0.53%) and Hindustan Unilever Ltd.(up 0.49%) were among the top gainers.

smallcap stock Gujarat Toolroom today zoomed 5% to hit their upper circuit at Rs 18.08 on the BSE today after the company on Wednesday announced that it will consider a 5:1 bonus share issue in its upcoming board meeting on January 5. “Pursuant to Regulation 29(1)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of Gujarat Toolroom Limited is scheduled to be held on Monday, January 6, 2025, to consider and approve the proposal for issuance of bonus shares in the ratio of 5:1 (five bonus equity shares for every one equity share) to the eligible equity shareholders of the Company as on the proposed record date by capitalisation of securities premium, subject to the approval of the shareholders of the Company,” the company informed via an exchange filing.

H-1B visa policy reforms, despite holding a small share of total visa sponsorships, according to Macquarie Research. The report highlights the challenges of hiring locally in the US and underscores the critical role of H-1B visas in bridging the technical talent gap.

MphasiS Ltd. traded at Rs 2883.90 on BSE at 10:25AM (IST) on Thursday, 1.03 per cent from previous close. The scrip quoted a 52-week low price of Rs 2180.05 and a high of Rs 3239.55.

Shriram Finance Ltd. traded 1.44 per cent in Thursday's trade at 10:15AM (IST). Around 3,807 shares changed hands on the counter. The stock opened at Rs 2928.10 and touched an intraday high and low of Rs 2972.80 and Rs 2928.10, respectively, in the session so far. The stock of Shriram Finance Ltd. quoted a 52-week high of Rs 3652.15 and a 52-week low of Rs 2016.40.