Latest news with #HindwareHomeInnovation


Mint
28-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 28 May 2025
Breakout stocks buy or sell: Both Indian indices - Sensex and Nifty - ended Tuesday's session in significant losses on heavy profit booking in large caps and selective buying in mid-cap and small-cap shares. The Sensex closed with a decline of 625 points, or 0.76%, ending the day at 81,551.63, while the Nifty 50 slipped 175 points, or 0.70%, to settle at 24,826.20. In contrast, mid-cap and small-cap stocks outperformed the broader market. The BSE Midcap index edged up by 0.18%, and the Smallcap index gained 0.19%. Sumeet Bagadia, Executive Director at Choice Broking, believes that the undertone for the Indian stock market is positive but the Nifty 50 index is facing hurdle at 25,000 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching above this resistance, we can expect the benchmark index to touch 25,400 soon. On the lower side, the index has made strong support at 24,500 levels." Sumeet Bagadia recommends five shares to buy today — Hindware Home Innovation, Enviro Infra Engineers, Minda Corporation, ELGI Equipments, and Man Industries (India). 1] Hindware Home Innovation: Buy at ₹ 253, target ₹ 271, stop loss ₹ 244; 2] Enviro Infra Engineers: Buy at ₹ 252.35, target ₹ 270, stop loss ₹ 243; 3] Minda Corporation: Buy at ₹ 550.55, target ₹ 590, stop loss ₹ 530; 4] ELGI Equipments: Buy at ₹ 497.80, target ₹ 533, stop loss ₹ 480; 5] Man Industries (India): Buy at ₹ 367.35, target ₹ 393, stop loss ₹ 354. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.


Business Standard
26-05-2025
- Business
- Business Standard
Hindware Home Innovation reports consolidated net loss of Rs 30.95 crore in the March 2025 quarter
Sales decline 9.50% to Rs 699.02 crore Net loss of Hindware Home Innovation reported to Rs 30.95 crore in the quarter ended March 2025 as against net profit of Rs 2.14 crore during the previous quarter ended March 2024. Sales declined 9.50% to Rs 699.02 crore in the quarter ended March 2025 as against Rs 772.43 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 68.29 crore in the year ended March 2025 as against net profit of Rs 25.77 crore during the previous year ended March 2024. Sales declined 9.12% to Rs 2522.99 crore in the year ended March 2025 as against Rs 2776.31 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 699.02772.43 -10 2522.992776.31 -9 OPM % 5.859.69 - 5.679.46 - PBDT 32.0859.01 -46 94.41206.42 -54 PBT 1.7228.32 -94 -28.1287.58 PL NP -30.952.14 PL -68.2925.77 PL