• Bharat Dynamics
• Vishal Mega Mart
• BSE Ltd
• Cochin Shipyard
• Mazagon Dock Shipbuilders

Shares of Suven Life Sciences were trading over 7% higher at ₹163.90 apiece on the BSE on Tuesday.

The company reported a widening of consolidated net loss to ₹43.95 crore in the fourth quarter ended March 31, 2025, hit by a dip in revenue and higher expenses.

The company had posted a consolidated net loss of ₹26.54 crore in the same quarter previous fiscal.

Consolidated revenue from operations in the quarter under review stood at ₹1.47 crore against ₹2.39 crore in the year-ago period, it added.

Total expenses in the March quarter were higher at ₹46.63 crore as compared to ₹34.21 crore in the same period a year ago, the company said.

Copper futures rose 0.29% to ₹857.80 per kilogram on Tuesday due to higher spot demand.

On the Multi Commodity Exchange, copper contracts for June delivery climbed ₹2.50 or 0.29% to ₹857.80 per kg in a business turnover of 1,658 lots.

Analysts attributed the rise in copper prices to higher bets by participants.

Thomas Cook India shares were trading nearly 3% lower at ₹141.05 apiece on the BSE.

The company on Monday reported a 13.5% rise in consolidated net profit at ₹66 crore for the fourth quarter ended March 31, 2025, mainly on account of growth in travel-related services.

The travel services provider had reported a net profit of ₹58.17 crore, in the year-ago period.

The company's total income from operations rose to ₹2,022 crore during the quarter under review, as against ₹1,692.61 crore in the year-ago period.

However, its total expenses also increased to ₹1,930.45 crore, from ₹1,631.92 crore, the company said in a late-evening filing on Monday.

The NIFTY SMALLCAP 100 index was trading over 0.4% higher in the afternoon trade.

The retaliatory safeguard measures would result in an equivalent amount of duty collected from the products manufactured and originating from the US."The safeguard measures would affect USD 7.6 billion imports into the US of the relevant products originating in India, on which the duty collection would be USD 1.91 billion," a WTO communication said.

The US introduced safeguard measures in 2018 on certain steel and aluminium products, imposing 25% on steel and 10% on aluminium ad valorem tariffs. In February 2025, the US further revised the tariffs to 25% with an unlimited duration.

Shares of defence equipment makers were also buzzing in trade on Tuesday as the NIFTY India Defence index surged as much as 4.12% to hit an intraday high 7,432.20. All the 18 shares in the index were trading higher led by Bharat Dynamics' 7.75% gain after Prime Minister Narendra Modi hailed Made in India defence equipment.

PM Modi on Monday in his address said Operation Sindoor against Pakistan is not over and the time has come for 'Made in India' defence equipment.

"India has showcased its excellence in new-age warfare. The time has come for 'Made in India' defence equipment," he said.

Gold rate in the domestic market steadied today, trading marginally higher after witnessing a steep fall in the previous session. At 10:30 am, the 24K gold rate in the local market stood at ₹94,130 per 10 gram, up ₹910/10 gram compared to yesterday’s closing, while 22K gold was at ₹86,286 per 10 gram.

Over the weekend, the US government announcement to reduce reciprocal tariffs on China from 145% to 30% for 90 days, temporarily eased global trade tensions and recession fears in the United States. Besides this, rise in the US dollar index also led to reduced demand for gold.

Its total income increased to ₹124.82 crore in the January-March period from ₹100.43 crore in the March quarter of FY24.

For the full fiscal 2024-25, its net profit surged 36.5% to ₹140 crore against ₹102.56 crore in 2023-24.

The Board of Directors has also recommended a final dividend of ₹11 per share (of ₹10 face value), which will take the total dividend declared for the year to ₹18 per share.

Shares of One97 Communications, the owner of the Paytm brand, declined 5 per cent on Tuesday morning trade amid reports that financial Services company Ant Group is likely to offload up to 4 per cent stake worth about Rs 2,066 crore in the fintech firm.

The stock dropped 4.99 per cent to Rs 823.10 on the BSE.

At the NSE, it tanked 4 per cent to Rs 830.55.

Ant Group is likely to offload up to 4 per cent stake worth about Rs 2,066 crore in One97 Communications, according to sources.

Shares of Power Mech Projects rose as much as 3.78% to hit an intraday high of ₹2,829.60 on the BSE after it informed exchanges that it has won an order worth ₹983 crore from Telangana Power Generation Corporation for the construction of an integrated township.

The order will be executed in 30 months from the date of taking over of site, the company said in a regulatory filing.

According to the filing, the company has secured a Rs 971.98 crore order from Telangana Power Generation Corporation for construction of an integrated township with infrastructural works consisting of independent quarters, multistoried residential quarters and its associated works at Yadadri Thermal Power Station at Damaracherla, Nalgonda District, Telangana.

Shares of Gensol Engineering tanked 5% on Tuesday, May 13, hitting a new lower circuit limit, after promoters of the beleaguered firm Anmol Singh Jaggi and Puneet Singh Jaggi, resigned from the company.

The stock dropped 4.99% to ₹51.84 -- its 52-week low as well as the lower circuit limit -- on the BSE.

At the NSE, shares of the firm tumbled 5% to hit the lowest trading permissible limit for the day as also a 52-week low of ₹51.25.

From its 52-week high of ₹1,125.75, the stock is down 95.39%. The stock has been falling for the past 23 trading sessions, tanking 68.28%

Tata Motors is slated to release its March quarter (Q4 FY25) numbers later in the day. The company, as per experts, is expected to report muted numbers for the quarter under review. The earnings and commentary will be keenly eyed after its peer, Mahindra & Mahindra, reported a good set of numbers for the March quarter. Management commentary on JLR sales and outlook will be significant.

Happiest Minds Technologies reported a 52.7% decline in consolidated net profit to ₹34 crore in the March-ended quarter.

It had posted a profit of ₹71.9 crore in the year-ago period, according to a regulatory filing.

Revenue for the quarter under review rose 30.5% to ₹544.5 crore, compared with ₹417.2 crore in Q4 FY24.

Sequentially, profit dropped 32%, while revenue rose 2.5%.

The firm added 14 new clients in Q4, bringing the tally to 281.

For the full FY25, the Bengaluru-headquartered firm logged a profit of ₹184.6 crore, a 25.6% dip from ₹248.3 crore in FY24.

Shares were trading over 2% lower at ₹595.10 apiece on the BSE.

The rupee appreciated 74 paise to 84.62 against the US dollar in early trade on Tuesday, supported by optimism from easing of tensions between India and Pakistan as well as the US-China trade deal.

Forex traders said continued foreign investor interest in Indian assets lent fundamental support to the local unit.

India and Pakistan on last Saturday announced reaching an understanding to stop all firings and military actions on land, air and sea, with immediate effect.

At the interbank foreign exchange, the domestic unit opened at 84.70 and fell to an early low of 84.74 and a high of 84.62 against the greenback, registering a gain of 74 paise over its previous close.

Shares of Swiggy, the online food ordering and delivery company, tumbled as much as 7.33% to hit its 52-week low level of ₹297 apiece on the BSE in the early trade on Tuesday, May 13.

Broader markets were outperforming their larger peers as NIFTY Midcap 100 index rose 0.31% and NIFTY Smallcap 100 index advanced 0.58%.

NIFTY Midcap 100 gainers

• BSE (3.28%)
• Bank of India (2.82%)
• Glenmark (2.82%)
• Lupin (2.46%)
• Bharat Forge (2.44%)

NIFTY Smallcap 100 gainers

• IIFL (5.41%)
• Redington (5.31%)
• Sagility (4.99%)
• Anant Raj (4.61%)
• Piramal Pharma (3.97%)

Most of the sector gauges compiled by the National Stock Exchange were trading lower led by the NIFTY IT index's 1% fall. NIFTY FMCG, Financial Services, Metal, Private Bank and Oil & Gas indices were also trading lower.

On the flipside, NIFTY Healthcare index rose 1.7% after US President Donald Trump signed an executive order that aims to cut drug prices. Pharma and PSU Bank indices were also trading higher.

Foreign institutional investors remained net buyers of Indian equities on Monday. They bought shares worth ₹11,528.87 crore on Monday and domestic institutional investors bought shares worth ₹13,235.73 crore.

FIIs have so far this month bought shares worth ₹14,167 crore, data from NSDL showed.

The airline issued a travel advisory urging passengers to check flight statuses on its website or app before heading to airports.

“In light of the latest developments and with your safety as our utmost priority, flights to and from Jammu, Amritsar, Chandigarh, Leh, Srinagar, and Rajkot are cancelled for 13th May 2025,” the advisory read.

“We understand how this may disrupt your travel plans, and regret the inconvenience caused. Our teams are actively monitoring the situation and will promptly keep you informed of further updates,” it added.

It had posted a consolidated net profit of ₹554.56 crore in the January-March period of 2023-24, the company said in an exchange filing.

The company's total income, however, declined to ₹56,679.11 crore from ₹58,863.22 crore in the year-ago quarter.

Tata Steel reduced expenses to ₹54,167.61 crore from ₹56,496.33 crore in the year-ago period.

The domestic ratings firm had a net profit of ₹24.55 crore in the March quarter of 2023-24.

Its total income rose to ₹124.82 crore in the January-March period from ₹100.43 crore in the March quarter of FY24, the agency said in a regulatory filing.

Ant Group, formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.

The income from operations during the quarter rose 29.5% to ₹676.1 crore from ₹523.4 crore a year ago, it said.

For 2024-25, Ather Energy posted a net loss of ₹812 crore compared to ₹1,059.70 crore a year ago.

This collaboration follows the signing of a Memorandum of Understanding (MoU) in Mumbai last month during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, according to a Shipyard statement here on Monday.

The MoU was signed in the presence of DP World's Group Chairman and CEO, Sultan Ahmed Bin Sulayem, and CSL's Chairman and Managing Director, Madhu S Nair.

"The safeguard measures would affect $7.6 billion imports into the US of the relevant products originating in India, on which the duty collection would be $1.91 billion," a WTO communication said.

Accordingly, it said, India's proposed suspension of concessions would result in an equivalent amount of duty collected from products originating in America.

Earlier in April, India had sought consultations with the US under the WTO's safeguard agreement, following American authorities' decision to impose these tariffs.

Over 80 companies will report their earnings number for the fourth quarter of the financial year 2024-25 on Tuesday, May 13. This includes telecom majors like Bharti Airtel and Bharti Hexacom; auto firms Tata Motors and Hero MotoCorp; pharma majors like Cipla, Suven Life Sciences and GlaxoSmithKline Pharmaceuticals; and state-owned gas utility company GAIL.

Financial services firm Aditya Birla Capital and Max Financial Services will also share their January-March quarter earnings on Tuesday. Among other companies are heavy electrical equipment company Siemens, Garden Reach Shipbuilders & Engineers, Jubilant Ingrevia, VIP Industries, Dalmia Bharat Sugar and Industries, Taj GVK Hotels & Resorts, Dynamic Cables, Shemaroo Entertainment and more.

Paytm has seen several selldowns in the past two years, including the exit of Warren Buffett's Berkshire Hathaway and Japan's SoftBank Group. Antfin had also previously sold a 10.3% stake in Paytm in August 2023 to founder and CEO Vijay Shekhar Sharma.

Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.

The S&P 500 shot up 3.3% to pull back within 5% of its all-time high set in February. It’s been roaring higher since falling nearly 20% below the mark last month on hopes that President Donald Trump will lower his tariffs after reaching trade deals with other countries. The index at the heart of many 401(k) accounts is back above where it was on April 2, Trump’s “Liberation Day,” when he announced stiff worldwide tariffs that ignited worries about a potentially self-inflicted recession.

The Dow Jones Industrial Average jumped 1,160 points, or 2.8%, and the Nasdaq composite climbed 4.3%.

Most of the Asian markets were trading higher on Tuesday following strong closing of US markets on Monday. Japan's Nikkei rose 1.72%, Australia's S&P/ASX 200 index rose 0.7%, South Korea's KOSPI rose 0.32% while Hong Kong's Hang Seng index declined 1.45%.