Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
RBL Bank and Manappuram Finance shares are banned from F&O trading on Tuesday, 6 May 2025.
Upcoming Results :
Radico Khaitan, Godrej Consumer Products, Shipping Corp, Aadhar Housing Finance, Aarti Drugs, Alembic Pharmaceuticals, Aptus Value Housing Finance India, Avalon Technologies, Bank of Baroda, CG Power and Industrial Solutions, eMudhra, Hindustan Petroleum Corp., JBM Auto, Kajaria Ceramics, Kansai Nerolac Paints, KEI Industries, Vedant Fashions, Mahanagar Gas, Paradeep Phosphates, One 97 Communications, Piramal Enterprises, Polycab India will declare their result later today.
Stocks to Watch:
Computer Age Management Services (CAMS) reported a 10.2% jump in consolidated net profit to Rs 114.02 crore in Q4 FY25 as compared with Rs 103.50 crore in Q4 FY24. Net sales increased 14.7 % YoY to Rs 356.17 crore in Q4 FY25.
Coforge reported a 20.81% jump in consolidated net profit from continuing operations to Rs 305.9 crore in Q4 FY25 as compared with Rs 253.2 crore in Q3 FY25. Revenue from operations increased 4.66% QoQ to Rs 3,409.9 crore in Q4 FY25.
Indian Hotels’ consolidated net profit jumped 25% to Rs 522.30 crore in Q4 FY25 as compared with Rs 417.76 crore in Q4 FY24. Net sales increased 27.3% YoY to Rs 2425.14 crore in Q4 FY25.
Cigniti Technologies’ consolidated net profit increased 15% to Rs 73 crore in Q4 FY25 as against Rs 63.57 crore in Q3 FY25. Net sales climbed 16.4% QoQ to Rs 530.28 crore in Q4 FY25.
Senores Pharmaceuticals signed an agreement with with Wockhardt to acquire USFDA-approved Topiramate tablets, used to treat epilepsy and migraine. The market size of Topiramate Tablet in the US was $111.47 million.
Ircon International received an order worth Rs 187 crore from Kerala State IT Infrastructure for the construction of a dedicated rural industrial park in Thiruvananthapuram.
For the full year,net profit rose 32.96% to Rs 470.19 crore in the year ended March 2025 as against Rs 353.64 crore during the previous year ended March 2024. Sales rose 25.16% to Rs 1422.48 crore in the year ended March 2025 as against Rs 1136.52 crore during the previous year ended March 2024.
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 251.77 points or 0.31% to 80,543.70. The Nifty 50 index lost 89.70 points or 0.37% to 24,371.45.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.11% and the S&P BSE Small-Cap index declined 0.98%.
The market breadth was weak. On the BSE, 1,030 shares rose and 2,567 shares fell. A total of 167 shares were unchanged.
Buzzing Index:
The Nifty Realty index dropped 1.66% to 872.60. The index rose 0.66% in the past trading session.
Godrej Properties (down 3.25%), Sobha (down 2.06%), Prestige Estates Projects (down 1.66%), Raymond (down 1.65%), Oberoi Realty (down 1.31%), Anant Raj (down 1.14%), DLF (down 1.12%), Macrotech Developers (down 0.97%), Brigade Enterprises (down 0.77%) and Phoenix Mills (down 0.58%) declined.
Stocks in Spotlight:
Hind Rectifiers rallied 3.46% after the company’s net profit zoomed 98.24% to Rs 10.15 crore on a 22.18% increase in total income to Rs 185.39 crore in Q4 FY25, compared to Q4 FY24.
Computer Age Management Services slipped 3.33%. The company had reported 10.2% increase in consolidated net profit to Rs 114.02 crore on a 14.7% rise in revenue from operations to Rs 356.17 crore in Q4 FY25 over Q4 FY24.
Cigniti Technologies advanced 2.55% after the company’s consolidated net profit increased 100.08% to Rs 73.15 crore in Q4 FY25 as against 63.56 crore in Q3 FY24.
Global Markets:
Most Asian stocks ticked higher on Tuesday as investors sifted through the latest whispers on U.S. trade moves and a weakening dollar. Japan and South Korea, meanwhile, hit the snooze button for public holidays.
India may be angling for a tariff truce, reportedly floating a zero-duty deal on steel, auto parts, and pharma goodies—provided the favor is returned. Over in Malaysia, officials said the U.S. is game for more talks and might even consider trimming tariffs.
Adding to the optimism, U.S. Treasury Secretary Scott Bessent chimed in Monday, saying deals were “very close”—a tune President Trump had already been humming over the weekend.
Meanwhile, China’s markets reopened post-Labor Day to a slightly more diplomatic mood between Washington and Beijing.
China’s Caixin Services PMI clocked in at 50.7 for April—a seven-month low and a step down from March’s 51.9. Still above the 50-mark (which separates growth from contraction), but just barely.
Across the Pacific, U.S. stocks dipped slightly on Monday as investors braced for the Federal Reserve’s next move. Energy stocks led the decline, with Wall Street adopting a “wait-and-see” stance amid shifting trade winds.
The Dow Jones edged down 0.24%, while the S&P 500 fell 0.64% and NASDAQ slipped 0.74%. Investors are eyeing the Fed’s two-day policy meeting starting Tuesday, with an interest rate verdict expected Wednesday.
Oil majors Exxon Mobil and Chevron both took hits as crude prices tumbled to a four-year low. Blame it on OPEC+ deciding to pump more oil for the second month running.
Skechers USA shares sprinted up over 24% after the company agreed to a $9.4 billion buyout by 3G Capital. Berkshire Hathaway stumbled 5% after reporting a 14% drop in Q1 operating earnings.
The company’s mutual fund (MF) business revenue grew by 14.5 % YoY and non-mutual fund (non-MF) business revenue grew by 15.8 % YoY in Q4 FY25. The revenue share of the non-MF businesses in the overall revenue was at 13.7%.
Total expenses added up to Rs 221.66 crore in the fourth quarter, up 18.3% YoY.
While the operating EBITDA grew by 11.6% YoY to Rs 159.81 crore, operating EBITDA margin, however, declined by 120 basis points YoY to 44.9% in the quarter ended on 31 March 2025.
Profit before tax in Q4 FY25 stood at Rs 149.26 crore, up by 10.8% from Rs 134.75 crore posted in Q4 FY24.
For FY25, CAMS has recorded a consolidated net profit of Rs 470.13 crore (up 33% YoY) and revenue of Rs 1424.48 crore (up 25.2% YoY).
Anuj Kumar, managing director, said: “I am pleased to share that CAMS has concluded FY’25 on a positive note, offering a promising outlook for the future. This quarter’s robust double-digit revenue growth of 14.7% YoY is after taking substantive impact of the price adjustment that was guided earlier.
CAMS has maintained its market leadership in the Mutual Fund space, with an AUM share of approximately 68%.
During this quarter we commenced business with two newly launched AMCs - Angel One Mutual Fund and Unifi Mutual Fund – bringing the total count of live AMCs serviced by CAMS to 21, and with the very exciting prospect of taking 5 more AMCs live over the next 6 months.
I am delighted to note that despite sustained market correction CAMS’s growth trajectory has remained undeterred. Fueled by a Rs 25 lakh crore equity asset base, we witnessed AUM growth of 24% YoY, matching that of the mutual fund industry.
Moreover, new SIP registrations soared by 51% compared to FY’24, and CAMS’ unique investor base crossed 4 Crore this quarter, reflecting a growth of 26% YoY, ahead of the industry which grew by 22%. In FY25, CAMS accounted for 68% of industry-wide NFO collections.
In the non-MF space, our businesses have achieved remarkable milestones in the past quarter securing several marquee client signups across diverse sectors, thereby deepening our footprint beyond mutual funds. CAMSPay recorded revenue growth of 85% YoY and signed 19 new mandates including 15 outside the mutual fund industry this quarter.
As the first Insurance repository to partner with Life Insurance Corporation (LIC) of India for repository services, CAMSRep has had an outstanding quarter, continuing to add over 1 million e-policies every quarter and extending integrated services to 3 insurers via Bima Central.
In the KYC space, CAMSKRA recorded an impressive 31% growth in revenue over last year in spite of a challenging environment. The business continues to expand outside mutual fund clients with three leading brokerages going live with the KRA services in Q4.
CAMS Alternatives had a robust quarter securing over 56 new mandates. Its digital stack remains the industry favourite with over 200 clients onboarded. Think360.ai launched a personal finance manager product that is being adopted by one of India’s most downloaded financial apps.'
Computer Age Management Services (CAMS) is a financial infrastructure and service partner to the asset management industry and provides platform-based services to the BFSI segment. The company is India's largest registrar and transfer agent of mutual funds with an aggregate market share of nearly 68% based on mutual fund average assets under management (AAUM). Its mutual fund clients include ten of the fifteen largest mutual funds.
The scrip fell 2.71% to currently trade at Rs 3704.05 on the BSE.