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STOCK MARKET UPDATES 31/01/2025



 

*    ARCs will see an uptick in cumulative recovery rates in FY25 and 26: Crisil.

*    L&T won a big order for freight handling in the gulf worth 1,000-2,500 crore Rs.

*    Prices of rice exported from India are steady at 18 months low due to muted demand.

*    Abu Dhabi fund ADQ and Orion team up to invest 1.2 billion $ in metals and mining.

*    The sugar industry can potentially increase its GDP share up to 3%: Gadkari.

*    Germany's GDP falls 0.2% in the December quarter and recession fears return ahead of the poll.

*    India braces for warmer February, wheat crop and rapeseed output may be at risk.

*    Dodla Dairy Q3FY25 results: Net profit rises 54% to 63.56 crore Rs.

*    Bajaj Finserv Q3 results: Profit up 3% at 2,231 crore Rs and net income drop 20%.

*    The wind industry seeks policy parity and infra support to meet energy goals.

*    Panasonic Life Solutions India acquires land parcels in Mumbai for 160 crore RS.

*    Blueleaf Energy will invest 400 million $ in Jakson Green's India solar assets.

*    Air India enters into a codeshare partnership with Kenya Airways.

*    JSW Energy revises capex to 10,000 crore Rs in FY '25.

*    RBI files application for insolvency proceedings against Aviom India Housing Finance.

*    Whirlpool Corporation plans to reduce holding in its Indian arm to 20% by mid to late 2025.

*    Reliance & HUL’s new googly set to stump another market in India.

*    Airtel Africa Q3 net jumps over 11-fold on-year to 169 million $ on 94 million $ exceptional gain and lower finance costs.

*    India Post Payments Bank and PNB MetLife will become partners to expand life insurance access nationwide.

*    Tata Steel doesn’t want growth at the cost of debt: CFO Koushik Chatterjee.

*    McDonald’s will set up its first GCC in India.

*    Five Coal India arms, including SECL miss production target for April-December.

*    Industrial & logistics leasing reaches an all-time high in 2024, with Delhi-NCR, Bengaluru, and Kolkata leading.

*    Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to 1316 crore Rs.

*    Dabur India Q3 Results: Net profit rises 2% YoY to 516 crore Rs; revenue up 3%.

*    Centre signed pacts to start coal mining in Meghalaya after 10 years: CM.

*    Deutsche Bank CEO Says He May Shutter Units in Next Revamp.

*    KPI Green Energy signs agreement worth 1,311 crore Rs for 300 MWAC solar PV plant with Coal India.

*    STMicro Revenue Outlook Misses as Industrial Chip Slump Lingers.

*    Strong investor interest drives value mutual fund inflows to 22,757 crore Rs in 2024.

*    Bira subsidiary will add pubs and brewery outlets; targets 200 crore Rs revenue by FY26.

*    India will host DeepSeek on local servers to address privacy concerns: IT Minister.

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