Markets at Noon: Nifty and Sensex Edge Higher, Defense Stocks Soar

1 min read     Updated on 14 May 2025, 12:01 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Indian markets show positive momentum at midday, with Nifty 50 up 0.35% and Sensex gaining 0.22%. Engineering Services and Aerospace & Defense sectors outperform, while Diamond, Gems and Jewellery sector lags. Garden Reach Shipbuilders & Engineers surges 15.83% on strong Q4 results, while Metropolis Healthcare declines 4.58% despite revenue growth. The overall market sentiment remains bullish, driven by impressive quarterly performances in select stocks.

8749887

*this image is generated using AI for illustrative purposes only.

Market Overview

As of midday on May 14, 2025, Indian markets are showing positive momentum. The Nifty 50 is trading at 24,664.20, up 85.85 points or 0.35% from its previous close. Similarly, the BSE Sensex has gained 179.91 points or 0.22%, currently standing at 81,328.13.

Sectoral Performance

Top Performing Sectors

Sector Change (%)
Engineering Services 5.86%
Printing & Stationery 5.42%
Aerospace & Defense 4.05%
Castings, Forgings & Fasteners 3.77%

Underperforming Sectors

Sector Change (%)
Diamond, Gems and Jewellery -0.16%
Healthcare Services -0.07%

Buzzing Stocks

  1. Garden Reach Shipbuilders & Engineers: The stock surged 15.83% following impressive Q4 results. The company reported a 118.9% YoY increase in net profit to ₹244.2 crore, with revenue growing 61.7% YoY to ₹1,642 crore.

  2. Indo Rama Synthetics: Shares jumped 19.99% after the company posted a consolidated net profit of ₹511 million in Q4, compared to a loss in the same quarter last year. Revenue increased to ₹11.98 billion from ₹9.04 billion year-over-year.

  3. Cochin Shipyard: The stock rallied 11.15% ahead of its Q4 results announcement scheduled for May 15, 2025.

  4. Metropolis Healthcare: Despite reporting a 19.4% YoY decrease in Q4 net profit, the stock declined 4.58%. The company's revenue increased 4.3% to ₹345.3 crore.

  5. Albert David: Shares fell 7.13% following the announcement of Q4 results showing an EBITDA loss of ₹48 million and a net loss of ₹103 million.

Conclusion

Mid-day trading shows a positive trend in the broader market, with significant gains in the engineering and defense sectors. While some companies have seen substantial stock price increases following strong quarterly results, others have faced selling pressure due to disappointing earnings reports.

like20
dislike
Explore Other Articles
EFC (I) Board Approves Proposal for NSE Listing, Eyeing Expanded Market Presence 2 hours ago
State Trading Corp of India Reports 76% Drop in Q4 Net Profit 9 hours ago
Unified Data Tech Solutions Reports Decline in H2 EBITDA and Margin 10 hours ago
Diamond Power Infra Secures ₹116.71 Crore Order, Boosts Order Book to ₹1,554.08 Crore 10 hours ago
Kernex Microsystems Secures Major Order Worth ₹311 Crore 11 hours ago