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Dr Reddy's Labs Q4 Results: Dr Reddy's Laboratories on Friday reported a consolidated net profit growth of 22% to Rs 1,594 crore in Q4FY25 versus Rs 1,307 crore reported in the year ago period.
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Indian defence stocks are set to gain from rising local and global demand. Brokerage Ashika is optimistic about manufacturers like Data Patterns and Bharat Electronics. The year 2025 may bring reforms for the sector. Recent military actions have highlighted India's capabilities. Defence Minister Rajnath Singh aims for Rs 500 billion in exports by FY29.
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Public Sector Undertaking banks are now favourites. Foreign Institutional Investors and Domestic Institutional Investors are showing increased interest. FII stakes in PSU companies rose to 18.1% by March 2025. DII stakes also hit a high of 18.8%. FIIs reduced exposure in private companies. DII holdings in private companies increased. BFSI is a key sector for FIIs.
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