📢 #Market extends losses, frontline indices down nearly 1% each

🔴48 out of 50 #Nifty stocks now trading the red

🔴All sectoral indices now trading in the red, #NiftyPSUBank down more than 2%

🔴#Reliance, #HDFCBank, #SBI contributing the most to Nifty's losses

Power Mech Projects says

FY25 Guidance 👉 Revenue +17%-20% growth, margins at 12.5%

FY28 Guidance 👉 Revenue at ₹10.5k cr - 11k cr, margins at 13.5%-14%

Promoters not looking to offload more stake ❌

#StockMarket #Nifty

Steel Dynamics 👇

Headwinds
😢 Elevated 🇨🇳 exports
😢 Weak 🇨🇳 prices
🇮🇳 steel at a premium to imports
🇮🇳 is a net importer of steel

In the past when the street gets over pessimistic the cycle turns - has that time come 🤔

#StockMarket #Nifty

GMDC says

🎯 9 mt lignite production for FY25

🤩 Vision that revenues grow 4x, target at Rs.14500cr by 2030

Coal Mining Projects
👉 21 mt production with IRR threshold at 15%

#StockMarket #Nifty

#Nifty above 25,300, just shy of record high level

Orient Technologies says

FY25 Guidance
🎯 Revenue growth of 30%
🎯 Margins in double digits

#StockMarket #Nifty

#NIFTY CROSSES 25,600 INTRA-DAY FOR THE FIRST TIME EVER