May 23, 2025, 3:10 pm IST
Gold Outlook Remains Bullish With Possibility Of Correction Next Week, Says Colin Shah, MD Kama Jewelry
“The performance of bullion was volatile during this week owing to continuous fluctuations in prices. In case of gold prices in the international markets, there was a significant uptick during the week, rising approximately 3% to reach USD 3,303.92/Oz as of early Friday. This can be attributed to weakening dollar which saw depreciation of over 1% this week, followed by growing investor concerns regarding the fiscal outlook of the US.
Moving forward to next week, the outlook for gold remains bullish with a possibility for a potential short-term correction. International Prices are expected to trade in the range of USD 3300-3400/Oz, supported by ongoing geopolitical tensions and uncertain outlook over US fiscal policies signaling economic instability in the biggest economy of the world. Domestic Prices can hover in the range of INR 95,000-96,000/10 gms. For silver, prices may remain relatively stable, unless any major economic development takes precedence,” said Colin Shah, MD, Kama Jewelry.
May 23, 2025, 1:59 pm IST
Stock Market Live Updates: Reliance Power Shares Surge Over 18% Following Solar JV with Bhutan's DHI
Shares of Reliance Power Ltd surged 18.66 per cent on Friday to hit a high of Rs 52.90. The stock was last seen up 17.70 per cent at Rs 52.47. At this price, it has climbed 16.39 per cent on a year-to-date (YTD) basis.
RPower recently partnered with Bhutan's Druk Holding and Investments (DHI) to develop India's largest solar power project in a Rs 2,000 crore joint venture.
May 23, 2025, 1:28 pm IST
Stock Market Live Updates: US Policy Jolt Sends Premier & Waaree Energies Shares Tumbling 8%
Shares of Premier Energies and Waaree Energies dropped by 8% earlier on May 23 after the United States passed a bill fast-tracking the phase-out of clean energy investment and production tax credits.
Waaree Energies faces heightened risk as 57% of its order book is tied to the US market. Premier Energies, also reliant on US-driven growth, is likely to feel the heat from the policy shift, making the move a major concern for both companies.
May 23, 2025, 1:02 pm IST
Stock Market Live Updates: BSE Ltd Shares Plunge 64.80% to Rs 2,463 Amid Heavy Selling on May 23
Shares of BSE Ltd were trading at Rs 2,463.00 as of 12:58 PM on May 23, with transactions taking place on both the BSE and NSE platforms.
The stock witnessed a sharp downturn, plunging 64.80% during the session.
In terms of absolute value, BSE Ltd’s share price fell by Rs 4,533.50, reflecting significant market pressure in today’s trading.
May 23, 2025, 11:59 am IST
GMR Airports Limited Q4 & FY25 Results
GMR Airports Limited (GAL) reported a robust financial performance for Q4 and the full financial year FY25. Total passenger traffic across GAL-owned airports rose 9% year-on-year (YoY) to 31.5 million in Q4FY25, while annual passenger traffic also increased by 9% YoY to 120.5 million. The company’s total income witnessed a solid growth of 16% YoY, reaching ₹2,977 crore in Q4FY25, and ₹10,836 crore for the full year, marking an 18% YoY rise. EBITDA also showed healthy improvement, growing 19% YoY to ₹1,123 crore in Q4 and 22.5% YoY to ₹4,188 crore for FY25.
May 23, 2025, 11:58 am IST
Credo Brands Marketing Ltd (MUFTI) Q4 & FY25 Results
Credo Brands Marketing Limited, popularly known for its MUFTI brand in men’s casual wear, has announced its audited financial results for the quarter and year ended March 31, 2025. The company reported a solid 15% year-on-year (YoY) increase in revenue from operations for Q4FY25, rising to ₹153.2 crore from ₹133.1 crore in Q4FY24. For the full year FY25, revenue grew by 9% YoY to ₹618.2 crore. The company’s profitability saw a significant boost, with EBITDA growing 33% YoY to ₹41.1 crore in Q4 and 12% YoY to ₹179.8 crore in FY25. The EBITDA margin also improved to 26.8% in Q4FY25 compared to 23.2% a year earlier. Notably, Profit After Tax (PAT) nearly doubled, rising 96% YoY to ₹13.8 crore in Q4, and grew 15% YoY to ₹68.4 crore for the full year.
May 23, 2025, 11:32 am IST
MTAR Technologies Ltd Q4 Results FY25
MTAR Technologies Ltd has announced its audited consolidated financial results for the fouth quarter and fiscal year ended March 31, 2025. Revenue from Operations stood at Rs.183.1 Cr. in Q4 FY 25 as against Rs.143.0 Cr. in Q4 FY 24, 28.1% increase YoY EBITDA reported at Rs. 34.2 Cr. in Q4 FY 25 as compared to Rs. 18.2 Cr. in Q4 FY 24, 87.5% increase YoY Profit Before Tax stands at Rs. 18.6 Cr. in Q4 FY 25 as against Rs. 7.2 Cr. in Q4 FY 24, 159.6% increase YoY Profit After Tax was at Rs. 13.7 Cr in Q4 FY 25 as against Rs. 4.9 Cr. in Q4 FY 24, 182.7% increase YoY.
May 23, 2025, 11:01 am IST
Patel Engineering Bags a Project Worth Rs. 958.33 crore from Maharashtra Krishna Valley Development Corporation.
Maharashtra Krishna Valley Development Corporation, Pune has awarded a contract valued at Rs. 958.33 crore to Patel Engineering Limited along with its JV partner, for the construction of Pipe Line Distribution Network for Nira Deoghar Right Bank Main Canal KM 87 to 135 and its Distributaries.
May 23, 2025, 10:51 am IST
ITC Shares Today Climb 2% After Massive Earnings Beat in Q4
Tobacco Company, ITC Ltd, shares are in focus on Friday as the stock opened at 1.14% higher after the announcement of its Q4 FY25 earnings yesterday. Shares of FMCG major ITC Ltd opened at Rs. 434 on Friday morning with a 1.14% gain over the previous close of Rs. 426.10. While ITC stock showed a slight uptick in today's early trade, it has largely remained range-bound over the past 30 days.
May 23, 2025, 10:04 am IST
Stock Market Live: All Nifty 50 Stocks In Green Except THESE Two
Stock Market Live: Nearly all Nifty 50 stocks were trading in green during Friday morning's trading session except Hindalco and Sun Pharma. Hindalco shares were trading 0.58% lowers, meanwhile Sun Pharma shares were down 3.10%.
May 23, 2025, 9:46 am IST
Stock Market Live: Honasa Shares Up 9% Post Q4 Result
Honasa shares were trading nearly 9% higher after the company reported strong q4 result on Today. ITC remained strong on the Indian stock market today after upbeat quarterly results. Grasim shares were trading neary 1.7% higher than their previous closing on Friday after Q4 result announcement.
May 23, 2025, 9:20 am IST
Stock Market Live: Midcap, Small Cap Indices In Red
Stock Market Live: Midcap and Smallcap indices were trading in red after the stock market opening on Friday.Nifty and Sensex started on a flat note today.
May 23, 2025, 9:18 am IST
Stock Market Live Updates: Nifty, Sensex Up Marginally; Honasa Consumer Up 9%; Pharma Trade Lower
Stock Market Live Updates: Nifty, Sensex Up Marginally; Honasa Consumer Up 9%; Pharma Trade Lower
May 23, 2025, 9:15 am IST
Stock Market Live: Rupee Opens At 85.97/$
Stock Market Live: The Indian Rupee on Friday opened at 85.97 per USD against a Thursday's close of 86 per dollar.
May 23, 2025, 9:13 am IST
Stock Market Live: Nifty in Green, Sensex Down 50 Points During Pre-Opening Session
Stock Market Live: Nifty was trading in green and Sensex was down nearly 54 points during the pre-opening session on Friday.HFCL shares fell 5.3% in Premarket and Waree Energies shares fell 4% in Premarket
May 23, 2025, 9:02 am IST
Stock Market Live Updates: Q4 Results Today
Stock Market Live: More than 180 companies are scheduled to announce their Q4 results on Friday, May 23. The spotlight is firmly on corporate giants such as JSW Steel, Ashok Leyland, Glenmark Pharma, Reliance Infrastructure, and Bharat Earth Movers Limited (BEML), as investors closely track their performance for cues on sectoral momentum.
May 23, 2025, 8:37 am IST
Stock Market Live: Gift Nifty Indicates A Positve Start of Stock Market Today
Stock Market Live: Gift Nifty today morning is indicating a positive start of the Indian stock market today. Nifty and Sensex on Thursday ended with minor losses, would they be able to recover their momentum today?
May 23, 2025, 8:17 am IST
Stock Market Live: Welcome To Our Live Coverage of Nifty, Sensex Today
Stock Market Live: Welcome to our live coverage of Nifty and Sensex's trading session for today, ie Friday, May 23
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