CCL, Yes Bank Gain Even as Broader Markets Dip
- Share.Market
- 9 min read
- 06 May 2025
Highlights
Markets declined on Tuesday, with the Nifty 50 down 0.33% and the Sensex lower by 0.19%. PSU Banks fell 4.84%, dragging broader indices. Realty also slipped 3.58%, while Nifty Midcap150 fell 2.01%. Nifty Auto closed in the green at 0.17%.
Headline Indices
Sectors at a Glance
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty AutoNIFTY AUTO | +0.17%+38.40 | 22737.60 |
 Nifty FMCGNIFTY FMCG | -0.09%-52.80 | 56883.40 |
 Nifty ITNIFTY IT | -0.34%-122.05 | 35869.20 |
*Prices shown may have delay up-to 15 minutes
What moved the market?
*Prices shown may have delay up-to 15 minutes
INDIA VIX
Put Call Ratio of Nifty 50 (expiry: 08th May) is 0.78
Stocks In the News
CCL Products shares rose after the company reported strong Q4 and FY25 earnings. In Q4FY25, revenue grew 15% y-o-y to ₹835.85 crore, while PAT jumped 56% to ₹101.86 crore. For the full year, revenue rose 17% to ₹3,105.75 crore and PAT increased 24% to ₹310.34 crore.
Ceat shares rose in intraday trade on Tuesday, hitting a high of ₹3,627.90. The rally came amid expectations of margin gains supported by recent declines in crude oil prices.
YESBANKYes Bank shares jumped after RBI cleared Sumitomo Mitsui’s plan to acquire up to 51% stake, triggering a $1.7 bn deal and strong investor interest.
Bank of Baroda shares declined after the lender reported a 6.6% drop in Net Interest Income (NII) to ₹11,793 crore for Q4FY25. However, net profit rose 3.3% YoY for the quarter, while annual net profit grew 10.1% to ₹17,789 crore. Full-year NII also saw a 2.1% increase, reaching ₹45,659 crore.
Vedant Fashions shares fell after the company reported a 6.21% decline in full-year profit after tax, while Q4 PAT dropped 12.68% year-on-year.
India & The World
- India’s services sector activity picked up in April, with the HSBC India Services PMI inching up to 58.7 from 58.5 in March, driven by strong domestic and export demand. Finance and insurance led growth, while easing cost pressures helped improve margins. However, business sentiment weakened to a near two-year low amid rising competition.
- The share of gold in India’s forex reserves nearly doubled over four years, rising to 11.7% by March-end 2025 from 5.87% in March 2021, as per RBI data. The central bank held 879.59 metric tonnes of gold, with over half stored domestically and the rest with the Bank of England, BIS, or in gold deposits.
- RBI’s income from foreign exchange reserves likely rose in FY25, aided by elevated US treasury yields, with interest earnings on forex assets jumping 40% YoY to $17 billion in April–December. This may support a higher dividend payout to the government, though analysts say final figures will depend on provisioning. RBI’s surplus transfer is expected later in May.
- India has proposed zero tariffs on limited quantities of US steel, auto components, and pharmaceuticals as part of ongoing trade talks, aiming for a deal by July. In return, it has offered to review its Quality Control Orders and sign a mutual recognition pact. The US sees QCOs as non-tariff barriers affecting exports.
Back to Basics
Annual Report
An annual report is a company’s yearly summary of how it performed—financially and operationally. Think of it as a detailed report card for shareholders and the public.
It typically includes:
- A letter from the CEO explaining key developments
- Audited financial statements (like income statements and balance sheets)
- Business highlights, risks, and strategy
- Auditor’s opinion on the financials
Public companies are required by law to publish these each year. Investors use them to understand how the company is doing, how it makes money, and what its plans are for the future.
IPO Corner
SME IPO
| Company | Date | Issue Price | Minimum Investment |
| Srigee DLM | Opens on May 5, 2025, and closes on May 7, 2025 | ₹94 to ₹99 per share | ₹1,12,800 |
Manoj Jewellers | Opens on May 5, 2025, and closes on May 7, 2025 | ₹54 per share | ₹1,08,000 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Avantel | 07 May 2025 | 07 May 2025 | Right Issue | |
| CRISIL | 07 May 2025 | 07 May 2025 | Interim Dividend | ₹8.00 |
| Info Edge (India) | 07 May 2025 | 07 May 2025 | Stock Split | 1:5 |
| Sundram Fasteners | 07 May 2025 | 07 May 2025 | Interim Dividend | ₹4.20 |
| Varun Beverages | 07 May 2025 | 07 May 2025 | Interim Dividend | ₹0.50 |
