Trident surged 14% on Profit Surge; India Eyes Chile for Lithium & More
- Share.Market
- 8 min read
- 21 May 2025
Highlights
Indian markets rebounded today, with the Nifty 50 and BSE Sensex gaining more than 0.5% each. Strong buying in financials, energy, and midcaps drove broad-based recovery.
Headline Indices
Sectors at a Glance
*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: 22nd May) is 0.64
What Made Headlines?
Trident Ltd. shares surged after strong Q4 results, with consolidated net profit more than doubling YoY to ₹133.2 crore, up from ₹56.6 crore last year.
NTPCGREENNTPC Green Energy rose after Q4 net profit tripled YoY to ₹233 crore, aided by strong other income. Revenue grew 22.5% to ₹622.3 crore.
BMWBMW Industries shares rose after securing ₹365 crore in orders from Tata Steel to convert hot rolled coils into tubes. The contracts run through October 2027.
PATELENGPatel Engineering shares are in focus after bagging a ₹711 crore EPC contract from NEEPCO for a 240 MW hydropower project in Arunachal Pradesh.
KPRMILLKPR Mill shares fell after a large block deal involving 1.1 crore shares changed hands. Details on buyers, sellers, and pricing remain undisclosed.
India & The World
- India’s year-on-year inflation based on Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) was recorded at 3.48% and 3.53%, respectively, compared to 7.03% and 6.96% in April 2024.
- India’s Eight Core Industries Index (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity) rose 0.5% YoY in April 2025, with positive growth in cement, coal, steel, electricity, and natural gas. Cumulative FY25 growth stands at 4.5%, led by coal output.
- Urban consumers now spend nearly 50% of their food budgets on packaged and prepared foods, boosting the FMCG sector, says a Deloitte-FICCI report. Rural FMCG volumes grew 6% in Q3 FY24.
- India is eyeing a stable supply of lithium and copper through stronger trade ties with Chile to support its clean energy push and industrial growth. Chile, rich in critical minerals, is a key strategic partner.
- China’s fiscal revenue dipped 0.4% YoY to CNY 8.06T in Jan–April 2025, while spending rose 4.6% to a record CNY 9.36T, reflecting a more proactive fiscal push amid slowing tax receipts.
Back to Basics
What is a Block Deal?
A block deal is a large trade typically involving at least 5 lakh shares, executed between two parties through a separate trading window on the stock exchange.
These deals, usually done by big institutions or promoters, are privately negotiated to avoid disrupting the regular market price.
Block deals must be executed within a narrow price band and reported to the exchange.
For retail investors, block deals can hint at major investor exits or entries, and sometimes, signal a shift in sentiment or ownership.
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| CMS Info Systems Ltd. | 23 May 2025 | 23 May 2025 | Final & Special Dividend | ₹ 3.25 & ₹ 3.00 |
| Havells India Ltd. | 23 May 2025 | 23 May 2025 | Final Dividend | ₹ 6.00 |
| Himadri Speciality Chemical Ltd. | 23 May 2025 | 23 May 2025 | Dividend | ₹ 0.60 |
| LTIMindtree Ltd. | 23 May 2025 | 23 May 2025 | Final Dividend | ₹45.00 |
| Keystone Realtors Ltd. | 23 May 2025 | 23 May 2025 | Final Dividend | ₹ 1.50 |
| Sula Vineyards Ltd. | 23 May 2025 | 23 May 2025 | Final Dividend | ₹ 3.60 |
