Latest news with #AnshulJain

Mint
8 hours ago
- Automotive
- Mint
Hyundai Motor Q1 results: Net profit drops 8% to ₹1,369 crore, revenue down 5% YoY; fixes dividend record date
Hyundai Motor Q1 results: Hyundai Motor India on Wednesday reported a 3.7% year-on-year (YoY) decline in consolidated net profit at ₹ 1,369 crore in Q1FY26 as against ₹ 1,489.6 crore reported in the year-ago period. The company's revenue from operations in the June-ended quarter stood at ₹ 16,413 crore, which was up 5.4% versus ₹ 17,344.2 crore in the corresponding quarter of the last financial year. The company's EBITDA margin was reported at 13.3%, slightly down from the 13.5% recorded in the same quarter of the previous year. The company's net profit saw a significant decrease, plunging by 15.2% from ₹ 16,14.34 crore in the March quarter of the fiscal year 2025. Additionally, revenue from operations dipped by 7.7% quarter-on-quarter, decreasing from ₹ 17,527.25 crore as of March 31, 2025. On a standalone basis, the automaker's PAT fell by 7.7% year-on-year to ₹ 1,335.75 crore for the quarter in question, down from ₹ 1,447.81 crore from the same period last year, while also declining by 15.6% quarter-on-quarter. In terms of total income, Hyundai Motor India reported a year-on-year decrease, amounting to ₹ 16,627.67 crore, which is 5.35% lower than the ₹ 17,567.98 crore reported in the June quarter of the financial year 2025. However, the company managed to reduce its expenses, which stood at ₹ 14,780.47 crore, compared to ₹ 15,564.60 crore in the previous year's period. Additionally, the company has set August 5, 2025, as the record date for its final dividend of ₹ 21 per equity share, which was announced by the board on May 16, 2025, pending shareholder approval at the next AGM. Hyundai Motor India share price today was trading flat at ₹ 2,083.20 apiece on the BSE. According to Anshul Jain, Head of Research at Lakshmishree Investments, Hyundai Motor India is currently trading in a tight 20-day range between 2,165 and 2,040, with volumes drying up during this phase — a typical sign of healthy consolidation. This range has formed right after an IPO base breakout, creating a textbook base-on-base pattern. The volume structure is ideal, suggesting controlled accumulation and no distribution. A breakout above 2,165 will confirm the pattern and could trigger a fresh upmove. If this move is backed by strong volumes, the stock has the potential to rally towards the 2,500 mark in the short to medium term.

Mint
9 hours ago
- Automotive
- Mint
Hyundai Motor Q1 results: Net profit drops 8% to ₹1,369 crore, revenue down 5% YoY; fixes dividend record date
Hyundai Motor Q1 results: Hyundai Motor India on Wednesday reported a 3.7% year-on-year (YoY) decline in consolidated net profit at ₹ 1,369 crore in Q1FY26 as against ₹ 1,489.6 crore reported in the year-ago period. The company's revenue from operations in the June-ended quarter stood at ₹ 16,413 crore, which was up 5.4% versus ₹ 17,344.2 crore in the corresponding quarter of the last financial year. The company's EBITDA margin was reported at 13.3%, slightly down from the 13.5% recorded in the same quarter of the previous year. The company's net profit saw a significant decrease, plunging by 15.2% from ₹ 16,14.34 crore in the March quarter of the fiscal year 2025. Additionally, revenue from operations dipped by 7.7% quarter-on-quarter, decreasing from ₹ 17,527.25 crore as of March 31, 2025. On a standalone basis, the automaker's PAT fell by 7.7% year-on-year to ₹ 1,335.75 crore for the quarter in question, down from ₹ 1,447.81 crore from the same period last year, while also declining by 15.6% quarter-on-quarter. In terms of total income, Hyundai Motor India reported a year-on-year decrease, amounting to ₹ 16,627.67 crore, which is 5.35% lower than the ₹ 17,567.98 crore reported in the June quarter of the financial year 2025. However, the company managed to reduce its expenses, which stood at ₹ 14,780.47 crore, compared to ₹ 15,564.60 crore in the previous year's period. Additionally, the company has set August 5, 2025, as the record date for its final dividend of ₹ 21 per equity share, which was announced by the board on May 16, 2025, pending shareholder approval at the next AGM. Hyundai Motor India share price today was trading flat at ₹ 2,083.20 apiece on the BSE. According to Anshul Jain, Head of Research at Lakshmishree Investments, Hyundai Motor India is currently trading in a tight 20-day range between 2,165 and 2,040, with volumes drying up during this phase — a typical sign of healthy consolidation. This range has formed right after an IPO base breakout, creating a textbook base-on-base pattern. The volume structure is ideal, suggesting controlled accumulation and no distribution. A breakout above 2,165 will confirm the pattern and could trigger a fresh upmove. If this move is backed by strong volumes, the stock has the potential to rally towards the 2,500 mark in the short to medium term. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
16 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 30 July 2025
Stocks to buy under ₹ 100: The key benchmark indices of the Indian stock market closed in the green zone after Tuesday's stock market session. With the mid-cap and small-cap segments outperforming, the benchmark indices snapped their three-day losing streak. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Speaking on the outlook of the Nifty 50 today, analysts at Bajaj Broking said, the 'index formed a bullish engulfing candle in the daily chart, signalling buying demand around the 100-day EMA after three sessions of sharp decline.' 'Going ahead, the index is likely to enter a consolidation phase in the range of 24,500-25,000 in the coming sessions. While a move above 25,000 will open further upside towards the last two weeks' highs, placed at 25,250,' said the brokerage firm. 'Key support is at 24,500–24,400 region, being the confluence of the previous swing low, the 100-day EMA, and the 61.8% Fibonacci retracement level of the recent rally from 23,935 to 25,669 — making it a crucial demand zone that could attract buying interest or pause the ongoing correction,' said the analysts at Bajaj Broking. Regarding stocks to buy today, market experts Vaishali Parekh, the Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks to buy on Wednesday: HFCL Ltd, Lloyds Engineering Works Ltd, DCW Ltd, and Geojit Financial Services Ltd. 1. HFCL Ltd (HFCL): Buy at 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Lloyds Engineering Works Ltd (LLOYDSENGG): Buy at ₹ 73.20; Target Price at ₹ 79; Stop Loss at ₹ 71. 3. DCW Ltd (DCW): Buy at ₹ 79.50; Target Price at ₹ 85; Stop Loss at 75. 4. Geojit Financial Services Ltd (GEOJITFSL): Buy at ₹ 74; Target Price at ₹ 82; Stop Loss at ₹ 70. Read all stories by Anubhav Mukherjee


Mint
16 hours ago
- Business
- Mint
Aditya Infotech IPO day 2 Live: GMP jumps! Subscription status, review, other details; apply or not?
Aditya Infotech IPO day 2 Live: Aditya Infotech Limited's initial public offering (IPO) opened yesterday and will continue until 31 July 2025. The video security and surveillance products solutions company has declared Aditya Infotech IPO price band at ₹ 640 to ₹ 675 per equity share. The public issue aims to raise ₹ 1,300 crore, out of which ₹ 500 crore is aimed through the issuance of fresh problems, while the remaining ₹ 800 crore is reserved for offer-for-sale (OFS). The initial public offer is proposed for listing on the NSE and the BSE. The public issue got gully subscribed on day 1 of bidding, which signals the kind of buzz it has in the Indian primary market. Aditya Infotech IPO received a strong response from investors on day 1, which is reflected in the Aditya Infotech IPO subscription status. The company's shares of video security and surveillance products solutions are available in the grey market at a robust premium. According to market observers, Aditya Infotech shares are available at a premium of ₹ 255 in today's grey market, which is ₹ 38 higher than Aditya Infotech's IPO GMP of ₹ 217 on Tuesday. Today, Aditya Infotech's IPO GMP signals a listing gain of around 38% for potential investors. According to market observers, improvement in the secondary market bias and strong investor response to Aditya Infotech IPO could be the possible reason for the rise in the positive sentiment in Aditya Infotech IPO GMP. They said that the market is expecting further improvement in Dalal Street sentiment, and hence, there can be some more improvement in the grey market sentiment regarding Aditya Infotech IPO. By 5:00 PM on day 1 of bidding, the public issue had been booked 2.05 times, the retail portion of the public offer had been subscribed 6.52 times, the NII segment had been filled 3.16 times, while the QIB portion had been subscribed 0.01 times. On whether one should apply to the ppublic issue or not, Anshul Jain, Head of Research at Lakshmishree Investment, said, "Aditya Infotech Ltd. (AIL) stands out with its dominant market share, deep channel network, and AI-powered, 'Make in India-aligned product line making it a strong contender in India's growing security and surveillance sector. Its robust revenue growth and strategic manufacturing base in Kadapa reinforce long-term potential. However, high dependence on China for components and concentrated revenue streams tied to surveillance gear pose risks. Still, its tech-driven mindset and future-ready solutions make it more than just a distributor—it's a backbone of the security ecosystem. With scalable growth and strong fundamentals, we rate this IPO as a Subscriber for long-term wealth creation." Ventura Securities has also assigned a 'subscribe' tag to the public issue, saying, "Aditya Infotech Limited (AIL), under the CP Plus brand, is strategically positioned to capitalise on the expanding Indian video surveillance market, which is projected to grow from INR 4,320 Cr in FY 2020 to INR 11,310 Cr by FY2029. This growth is driven by government initiatives such as Smart Cities, Digital India, and PM Gati Shakti, alongside increased private sector adoption for advanced use cases like number plate recognition and people counting. The residential segment alone is expected to grow at a CAGR of 15.1% in revenue from FY 2024 to FY 2029. With a diversified product portfolio and a strong pan-India distribution network, AIL is well-placed to leverage these industry tailwinds." Aditya Birla Money, Canara Bank Securities, and Reliance Securities have also assigned the public issue a 'subscribe' tag. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
18 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 30 July 2025
Stocks to buy under ₹ 100: The key benchmark indices of the Indian stock market closed in the green zone after Tuesday's stock market session. With the mid-cap and small-cap segments outperforming, the benchmark indices snapped their three-day losing streak. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Speaking on the outlook of the Nifty 50 today, analysts at Bajaj Broking said, the 'index formed a bullish engulfing candle in the daily chart, signalling buying demand around the 100-day EMA after three sessions of sharp decline.' 'Going ahead, the index is likely to enter a consolidation phase in the range of 24,500-25,000 in the coming sessions. While a move above 25,000 will open further upside towards the last two weeks' highs, placed at 25,250,' said the brokerage firm. 'Key support is at 24,500–24,400 region, being the confluence of the previous swing low, the 100-day EMA, and the 61.8% Fibonacci retracement level of the recent rally from 23,935 to 25,669 — making it a crucial demand zone that could attract buying interest or pause the ongoing correction,' said the analysts at Bajaj Broking. Regarding stocks to buy today, market experts Vaishali Parekh, the Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks to buy on Wednesday: HFCL Ltd, Lloyds Engineering Works Ltd, DCW Ltd, and Geojit Financial Services Ltd. 1. HFCL Ltd (HFCL): Buy at 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Lloyds Engineering Works Ltd (LLOYDSENGG): Buy at ₹ 73.20; Target Price at ₹ 79; Stop Loss at ₹ 71. 3. DCW Ltd (DCW): Buy at ₹ 79.50; Target Price at ₹ 85; Stop Loss at 75. 4. Geojit Financial Services Ltd (GEOJITFSL): Buy at ₹ 74; Target Price at ₹ 82; Stop Loss at ₹ 70. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.