Finshorts
United Nations Conference on Trade and Development (UNCTAD) projects India’s Gross Domestic Product (GDP) to grow 6.5% in 2025, driven by strong public spending and recent monetary easing. This is slightly lower than 6.9% in 2024 but still makes India the fastest-growing major economy. With global growth slowing to 2.3%, this outlook supports bullish sentiment … Read more
India is projected to surpass China in air passenger traffic growth by 2026 with a growth rate of 10.5%, according to Airports Council International (ACI). While China leads in 2024 at 12%, India’s CAGR (Compound Annual Growth Rate) for 2023–2027 stands higher at 9.5% vs China’s 8.8%. With 50 new airports planned and 1,700 aircraft … Read more
SEBI (Securities and Exchange Board of India) has barred Gensol Engineering’s promoters from board roles and market access due to the misuse of ₹262 crore in term loans meant for electric vehicle purchases. Funds were allegedly routed for personal use, including luxury assets. The regulator also paused the company’s planned 1:10 stock split. This governance … Read more
ICICI Bank has reduced its savings account interest rate by 0.25%, now offering 2.75% on balances up to ₹50 lakh and 3.25% above that, effective April 2025. The move follows the Reserve Bank of India’s back-to-back repo rate cuts totaling 0.50% in four months. This may put short-term pressure on deposit growth but could support … Read more
Orient Cement Ltd reported a 38.3% drop in net profit to ₹42.07 crore for Q4 FY25, with revenue down 7% YoY at ₹825.18 crore. FY25 profit declined by nearly 48%. Despite weak earnings, a 50% final dividend is declared. Investors await clarity on Ambuja Cements’ 46.8% stake acquisition, pending open offer completion. Stock may remain … Read more
Systematic Investment Plan (SIP) inflows, which stood at ₹25,925 crore in March 2025, are expected to rise to ₹40,000 crore monthly in the next 18–24 months, driven by higher disposable incomes and tax relief under the new regime. This trend signals sustained strength in equity mutual fund flows, supporting long-term market growth and boosting the … Read more
Bank of Maharashtra posted strong Q4 FY24 numbers, with credit growth of 17.84% YoY to ₹2.40 lakh crore. Deposits rose 13.45% to ₹3.07 lakh crore, pushing total business up 15.3% to ₹5.47 lakh crore. An improved Current Account Savings Account (CASA) ratio of 53.29% and a higher credit-deposit ratio of 78.14% signal stronger fundamentals, supporting … Read more
Godrej Properties posted its highest-ever quarterly sales bookings at ₹10,163 crore in Q4 FY24-25, marking a 7% YoY rise. Full-year bookings surged 31% to ₹29,444 crore, positioning it as the top-listed real estate player by bookings. Backed by a ₹6,000 crore Qualified Institutional Placement (QIP) and strong cash flow, this growth signals bullish momentum for … Read more
Cyient has committed USD 100 million to its newly carved-out semiconductor arm, aiming to tap rising chip demand from sectors like electric vehicles and smart meters. The company plans to raise additional funds by September and may list the new unit later. This move signals long-term growth potential, and successful execution could boost Cyient’s valuations … Read more
Kalyan Jewellers reported a 37% year-on-year rise in consolidated revenue at ₹4,563.72 crore in Q4 FY2024-25, driven by 39% India growth and 21% same-store sales. The company opened 39 new showrooms and plans 170 more in FY25, signaling aggressive expansion. With strong traction for Akshaya Tritiya and wedding season sales, the stock may gain investor … Read more