Finvezto Market Bytes, 08 Apr 2025
I share the most important stock market related news I read everyday in a bite-sized format. No Noise. No Ads.
NEW ORDERS & PROJECTS RECEIVED
🟢 Bharat Electronics bagged ₹2,210 Cr deal to supply helicopter kits to Air Force, making its total order book ₹2,803 Cr for the current financial year.
🟢 Tata Power received approval for 100-MW Battery Energy Storage System Project across ten strategically located sites near load centers in Mumbai distribution.
🟢 Global Health received an offer from Assam Electricity Grid Corp. to acquire 3 acres in Guwahati to set up a super speciality hospital.
PARTNERSHIPS, INVESTMENTS & ACQUISITIONS
🟢 Brigade Enterprises signed a joint development agreement for a 10-acre residential project in Mysuru, with estimated gross development value of ₹225 Cr.
CORE BUSINESS & REGULATORY
🔴 Tata Motors' JLR halted April shipments to US due to 25% import tariff imposed by Trump administration.
🟢 Welspun One secured ₹2,300 Cr funding for Logistics Park Project from National Bank for Financing Infrastructure and Development through construction financing.
OTHER
🔴 Trump Tariffs expected to cause 6.4% hit to India's exports to US in 2025, with fish products, iron and steel being worst affected sectors.
🟢 boAt owner Imagine Marketing confidentially filed draft IPO papers with SEBI, marking second attempt to go public
🔴 Trent shares nosedived over 14%, marking sharpest fall since March 2020, after Q4 revenue miss.
🔴 Tata Group stocks lost ₹90,000 Cr in market cap with Trent, Tata Steel, and Tata Tech leading the decline
🔴 Oil plunged to 4-year low as intensifying US-China trade war triggered demand worries.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This post is purely for learning purposes to understand more about the business. It does not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.