News for Atul Ltd (ATUL.BO)

Stock Market Crash Today: Indian stock markets saw a sharp decline on Tuesday. Financial and IT stocks led the fall after a recent rally. Profit booking after a strong run-up and muted Q4 earnings growth contributed to the downturn. Rising U.S. Treasury yields and weak global cues also played a role. The RBI's dividend announcement disappointed some market expectations.

Despite the Sensex's impressive 10,000-point surge, Q4 earnings growth for Nifty companies is a modest under 6%, raising concerns about market valuations. While the market anticipates a strong FY26, analysts caution about global economic uncertainties and potential EPS downgrades. Midcaps and smallcaps outperformed, but overall, earnings need to catch up to justify current market highs.

Smallcap stocks have surged, adding Rs 7.3 lakh crore to investor wealth in just 10 sessions, fueled by stock-specific triggers and retail investor enthusiasm. While some experts see justified valuations due to growth, others caution against stretched valuations and potential herd behavior, highlighting the risks of chasing momentum after a prior correction. The rally's sustainability remains questionable.

Dixon Technologies: Dixon, which has consistently met incremental production targets under the scheme, said incentives contribute around 0.6-0.7% to its mobile phone revenue margins, with majority of the savings passed on to customers. This was indicated during the company's earnings call on Tuesday.

India's prominent investors, including the Jhunjhunwala family, adjusted their portfolios cautiously in the March quarter amid market volatility. While some trimmed stakes and exited certain stocks, others strategically increased holdings in sectors like sugar, pharma, and manufacturing.

Despite the Nifty and Sensex showing positive trends in 2025, the SME sector is struggling, with nearly 80% of stocks trading in the red. This underperformance is attributed to high volatility, weak liquidity, and poor fundamentals, exacerbated by speculative trading. Experts advise caution and a research-driven approach, emphasizing fundamentally strong businesses for potential long-term opportunities.

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Top gainers & losers today April 29, 2025: Shares of BEL, Reliance, Tech Mahindra lead the gainers of Nifty 50 components, while Dr Reddy’s Laboratories, UltraTech Cement, Power Grid, Shriram Finance and Eicher Motors depreciated 2 per cent in mid-day trading.

Indian stock market closed lower due to geopolitical concerns, with mid- and small-cap stocks hit hardest. Analysts suggest a cautious approach, citing risk-off sentiment amid escalating Indo-Pak tensions. The Nifty fell below its 200-DMA, signaling a potential bearish trend. US and European markets showed mixed but optimistic movements.

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In the ongoing earnings season, more than 100 companies are scheduled to announce their quarterly financial results from April 21 to 27, according to the BSE result calendar. After a shortened trading week due to two public holidays, Indian stock exchanges will operate without interruptions this week. Several companies will disclose their financial statements for the December quarter and full financial year 2024-25.

The NSE Nifty index was trading 56.11 points down at 23381.1

Indian markets surged on Tuesday, with Sensex rising 1,577 points and Nifty 500 points, as Trump's tariff exemptions spurred broad-based buying across sectors despite weak earnings forecasts.

Indian stock markets remained shut on Monday for Ambedkar Jayanti. Despite a late rebound on Friday following a 90-day U.S. tariff pause, benchmark indices ended the week 0.3% lower amid global trade uncertainty and cautious investor sentiment.

Electronics manufacturer Dixon Technologies has signed an MoU to set up a facility near Chennai with a total investment of INR 1,000 Cr.

Recently, Tech Mahindra and ServiceNow implemented this solution for a leading fibre company in Germany, which significantly improved operational performance, including a 20% reduction in fibre rollout time and major reductions in order fallouts, the statement said.

The Nifty Auto Index has experienced a significant decline of almost 28% since reaching its peak in September 2024. The reasons for this downturn are evident, including concerns about US tariffs, a decrease in automobile demand, and a wider market correction.

Stock market crashed: Select stocking including Punjab & Sind Bank, UCO Bank, Ipca Labs, Voltas, Suven Pharma tumbled up to 20 per cent during the trading on Tuesday.

In the Nifty 50 index, 30 stocks were trading in the green, while 20 stocks were trading in the red.