Hero Moto Rides on Q4 Beat; India Plans Duty Hike on US Goods & More
- Share.Market
- 8 min read
- 13 May 2025
Highlights
Indian equity markets ended lower on Tuesday after posting their best session in over four years, amid renewed concerns over India-Pakistan tensions and uncertainty around US-China trade negotiations.
Headline Indices
Sectors at a Glance
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty MediaNIFTY MEDIA | +1.66%+26.40 | 1616.50 |
 Nifty PSU BankNIFTY PSU BANK | +1.56%+101.10 | 6572.50 |
 Nifty PharmaNIFTY PHARMA | +1.22%+257.05 | 21359.75 |
Top Losers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty InfraNIFTY INFRA | -1.14%-102.00 | 8877.80 |
 Nifty FMCGNIFTY FMCG | -1.34%-767.25 | 56334.15 |
 Nifty ITNIFTY IT | -2.42%-927.95 | 37354.60 |
*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: 15th May) is 0.69
Stocks In the News
POWERMECHPower Mech Projects secured a ₹972 crore order from Telangana Power Generation Corp. for building an integrated township at Yadadri Thermal Power Station, including housing, roads, and infrastructure.
HEROMOTOCOHero MotoCorp reported better-than-expected Q4 results. Net profit for the quarter rose 6.4% from the year-ago period to ₹1,081 crore, aided by price hikes that improved margins and realisations.
PPLPHARMAPiramal Pharma will invest $90 million to expand its U.S. facilities in Kentucky and Michigan, boosting sterile injectables and high-potency API capacity to meet growing onshoring demand.
Kfin Technologies shares dropped nearly 7% after big investors sold a significant chunk of their holdings in bulk trades, triggering profit booking and investor caution.
SWIGGYSwiggy shares fell up to 5% after the end of its shareholder lock-in period, making 85% of total shares eligible for trading, raising supply concerns.
India & The World
- India exports 4.24 lakh tonnes of sugar to other countries so far this year. Most of it went to Somalia (over 92,000 tonnes). Out of the 10 lakh tonnes allowed for export, experts think India will likely export around 8 lakh tonnes by the end of the year.
- India plans to hike import duties on select U.S. products in retaliation for U.S. steel and aluminum tariffs, affecting $7.6 billion in Indian exports, according to a WTO filing.
- US inflation in April 2025 is expected to remain steady at 2.4% annually, with monthly CPI rebounding 0.3% amid tariff hikes. Core inflation is likely to hold at 2.8%, the lowest since 2021.
- China will offer nearly $10 billion in yuan credit to Latin American and Caribbean nations to boost development and trade, while also expanding visa-free access to deepen regional ties.
Back to Basics
What are Import Duties?
Import duties are taxes charged by a country on goods coming in from abroad. These can be a percentage of the product’s value (ad valorem), a fixed amount per unit (specific), or a mix of both.
Let’s say a foreign laptop costs ₹50,000. If India charges a 20% import duty, the final price becomes ₹60,000. This extra cost makes imported goods more expensive, and gives Indian-made products a better chance to compete.
Governments use import duties to:
- Protect local industries
- Reduce reliance on foreign products
- Generate revenue
But high duties can also raise prices for consumers and limit product choices. Sometimes, they even spark trade disputes and retaliatory tariffs.
For investors, import duties can affect company profits, pricing strategies, and trade flows.
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| BEML | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹15.00 |
| Great Eastern Shipping Company | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹5.40 |
| Manappuram Finance | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹0.50 |
