Bharat Forge Acquires AAM India; June GST Collection At ₹1.85L Cr & more

Highlights

Indian equity markets ended lower today as risk-off sentiment prevailed amid US President Donald Trump’s firm stance on the tariff deadline and persistent selling in financial and realty stocks.

Headline Indices

Sectors at a Glance

Top Gainers

Company	Today’s Chg	LTP
Nifty MetalNIFTY METAL	+1.41%+134.65	9699.20
Nifty Consumer DurablesNIFTY CONSR DURBL	+1.04%+399.95	38908.45
Nifty CommoditiesNIFTY COMMODITIES	+0.63%+56.65	9023.05

Top Losers

Company	Today’s Chg	LTP
Nifty PSU BankNIFTY PSU BANK	-0.83%-59.95	7193.65
Nifty Financial ServicesNIFTY FIN SERVICE	-0.97%-262.50	26861.70
Nifty RealtyNIFTY REALTY	-1.44%-14.15	970.05

*Prices shown may have delay up-to 15 minutes

What moved the market?

Top Gainers

Company	Today’s Chg	LTP
Sagility India Ltd.SAGILITY	+6.22%+2.56	43.72
Rites Ltd.RITES	+5.75%+16.05	295.10
Tata Communications Ltd.TATACOMM	+4.73%+81.70	1807.50
Aditya Birla Fashion and Retail Ltd.ABFRL	+4.54%+3.38	77.89
Kajaria Ceramics Ltd.KAJARIACER	+4.28%+46.00	1120.60

Top Losers

Company	Today’s Chg	LTP
Narayana Hrudayalaya Ltd.NH	-5.38%-112.60	1981.40
Redington Ltd.REDINGTON	-5.37%-17.70	312.00
Hyundai Motor India Ltd.HYUNDAI	-5.22%-117.00	2123.70
Kirloskar Brothers Ltd.KIRLOSBROS	-4.72%-109.40	2209.70
Godrej Industries Ltd.GODREJIND	-4.21%-50.80	1156.10

*Prices shown may have delay up-to 15 minutes

Broader Market Performance

INDIA VIX12.45 -0.64%

NIFTY MIDCAP 150₹21,940.15 -0.05%

NIFTY SMLCAP 250₹17,693.10 -0.39%

What Made Headlines?

RITES₹295.10 +5.75%

RITES wins $3.6 million international locomotive contract and ₹38 crore domestic Tumakuru station redevelopment project.

RUSTOMJEE₹649.25 +2.41%

Keystone Realtors wins ₹3,000 crore Andheri West cluster redevelopment project covering 8 societies and 4.75 acres.

NAZARA₹1,336.60 +2.80%

Nodwin Gaming (Nazara subsidiary) acquires 92.3% stake in AFK Gaming through a cash and share swap.

BHARATFORG₹1,311.40 +2.12%

Bharat Forge completes acquisition of AAM India Manufacturing for ₹746 crore equity value, including ₹189 crore cash.

ASTRAZEN₹9,012.00 +1.28%

AstraZeneca India gets approval to sell cancer drug Imfinzi for treating advanced endometrial cancer patients.

What’s Happening Beyond Markets?

• India’s private coal mines produced 15.57 MT in June, Q1 production jumps 16% as 200+ blocks allocated
• India demands full tariff elimination on garments, footwear in US-FTA talks, warns deal unsellable without duty-free access
• India’s June GST collection hits ₹1.85 lakh crore, up 6.2% YoY; FY25 record ₹22.08 lakh crore marks highest since 2017 launch
• Oil prices are around $67 per barrel as OPEC+ plans to raise production by 411,000 bpd in August, bringing 2025’s total increase to 1.78 million bpd, which is over 1.5% of global demand
• Japanese yen weakens to 144 per dollar after Trump threatens 35% tariff on Japanese goods over trade disputes.
• US dollar index falls to 96.6, lowest in 3.5 years, as Fed hints at rate cuts and Trump’s spending raises debt concerns.
• US Treasury Secretary Bessent expects Fed rate cuts by September, saying tariffs aren’t causing inflation as the Fed claims.

Back to Basics

Terms that put you one step ahead – every day.

What Is Return on Equity (ROE)?

Return on Equity (ROE) tells you how well a company generates profits using shareholders’ equity.. It measures the profit a company generates for every rupee of shareholder equity.

ROE shows management’s efficiency in using shareholder capital. A higher ROE typically indicates better performance, though it varies by industry. 

It can be boosted by high leverage, so it’s best considered alongside other ratios (like Debt/Equity).

When evaluating stocks, look for consistent ROE performance over multiple years, as a sustainable high ROE is a sign of a durable competitive advantage.

Corporate Actions

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back tomorrow to cut through the noise, so you can focus on investing intelligently.

Disclaimer and Disclosure

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst with Exchange and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954