{"id":13111,"date":"2025-04-24T18:04:01","date_gmt":"2025-04-24T12:34:01","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/?p=13111"},"modified":"2025-04-24T18:04:30","modified_gmt":"2025-04-24T12:34:30","slug":"market-overview-3","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/market-overview-3\/","title":{"rendered":"MARKET OVERVIEW :"},"content":{"rendered":"<h4><strong>Nifty 50 remains below 24,300; top loser HUL declines nearly 4%:<\/strong> \u00a0<strong>HUL Q4 Results below:<\/strong><\/h4>\n<h6><em><strong>Indian benchmark indices Nifty 50 and Sensex opened today&#8217;s trade session in the red. Nifty 50 opened at 24,277.90, while Sensex opened at 80,058.43.<\/strong><\/em><\/h6>\n<p><strong>Nifty 50 opened today&#8217;s trade session 1,999.45 points away from its record high of 26,277.35.<\/strong><br \/>\n<strong>Overnight, Wall Street indices ended higher. Asian stocks were trading in a tight range in early trade today.<\/strong><\/p>\n<p><strong>Markets today are reacting to LTIMindtree, Bajaj Housing Finance, Dalmia Bharati earnings.<\/strong><\/p>\n<p><strong>HUL, L&amp;T Tech, Axis Bank, Persistent Systems, Tech Mahindra, Nestle India, Mphasis, Laurus Labs, ACC, SBI Card, are among the companies reporting their quarterly earnings today.<\/strong><\/p>\n<p><strong>Biocon, 360 ONE WAM, Can Fin Homes, Tamilnad Mercantile Bank, Spandana Sphoorty, Supreme Petrochem, Dalmia Bharat, Rallis India, Syngene International, GNA Axles are among the other stocks in focus today.<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h6><em><strong>Hype Around Obesity Drugs May Not Mean Gains For Indian Pharma: InCred<\/strong><\/em><\/h6>\n<p><strong>The buzz around GLP-1 drugs \u2014 used for treating diabetes and now increasingly associated with weight loss \u2014 has sparked investor interest in Indian pharma manufacturers.<\/strong><\/p>\n<h4>HUL Q4 Results: Numbers meet expectations; Board approves dividend of \u20b924 per share: But HUL shares decline by 4 %<\/h4>\n<h6><em><strong>HUL&#8217;s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 1% during the March quarter to \u20b93,466 crore. The figure is marginally lower with the consensus estimates of analysts, which pegged the figure to be \u20b93,505 crore.<\/strong><\/em><\/h6>\n<p><strong>FMCG giant\u00a0Hindustan Unilever Ltd. reported results for the January-March period on Thursday, April 24, which were in-line with analyst expectations. The stock is up 1.5% in trading after the results announcement.<\/strong><\/p>\n<p><strong>The Mumbai-based company reported revenue of \u20b915,213 crore during the March quarter, which was 2.4% higher compared to the same quarter last year. A CNBC-TV18 poll had projected HUL&#8217;s revenue to grow by 2% during<\/strong><\/p>\n<p><strong>HUL&#8217;s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 1% during the March quarter to \u20b93,466 crore. The figure is marginally lower with the consensus estimates of analysts, which pegged the figure to be \u20b93,505 crore.<\/strong><br \/>\n<strong>The company&#8217;s EBITDA margin stood at 22.8%, in comparison to 23% last year. The CNBC-TV18 poll had pegged the figure at 23.1%.<\/strong><\/p>\n<p><strong>Net profit for the period stood at \u20b92,493 crore.<\/strong><\/p>\n<p><em><strong>Here&#8217;s how Hindustan Unilever&#8217;s various segments fared during the quarter:<\/strong><\/em><\/p>\n<p><strong>Home care<\/strong>\u00a0business saw revenue of \u20b95,815 crore from \u20b95,709 crore last year.<\/p>\n<p><strong>Beauty &amp; Wellbeing<\/strong>\u00a0business revenue stood at \u20b93,265 crore from \u20b93,062 crore last year.<\/p>\n<p><strong>Personal Care<\/strong>\u00a0revenue stood nearly flat at \u20b92,126 crore from \u20b92,063 crore last year.<\/p>\n<p><strong>Foods<\/strong>\u00a0business revenue stood at \u20b93,896 crore, nearly the same as last year&#8217;s figure of \u20b93,910 crore.<\/p>\n<p><strong>The company&#8217;s board has also approved a final dividend of \u20b924 per share, taking the full year payout to shareholders to \u20b953 per share. The company&#8217;s has not shared any record date for the said dividend yet.<\/strong><br \/>\n<strong>Shares of Hindustan Unilever are trading 1.4% higher post the results announcement at \u20b92,455.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Click to open an Account<\/strong>\u00a0:\u00a0<a href=\"https:\/\/ekyc.gwcindia.in\/client\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/p>\n<div>\n<p><strong>For all your investment needs feel free to reach us.<\/strong><\/p>\n<div>\n<div>\n<div><strong>Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nifty 50 remains below 24,300; top loser HUL declines nearly 4%: \u00a0HUL Q4 Results below: Indian benchmark indices Nifty 50 and Sensex opened today&#8217;s trade session in the red. Nifty 50 opened at 24,277.90, while Sensex opened at 80,058.43. Nifty 50 opened today&#8217;s trade session 1,999.45 points away from its record high of 26,277.35. Overnight, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-13111","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-market-overview","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=13111"}],"version-history":[{"count":2,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13111\/revisions"}],"predecessor-version":[{"id":13113,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/13111\/revisions\/13113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/13069"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=13111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=13111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=13111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}