Market Bizzz

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Sajjan Jindal Family Trust plans to sell JSW Infrastructure shares worth up to Rs 1,200 crore via a block deal, offering 42 million shares at a floor price of Rs 288 per share. This move aims to meet SEBI’s minimum public shareholding requirements.

Shiv Chanani of Baroda BNP Paribas Mutual Fund suggests that while global uncertainties have lessened, a growth slowdown is expected in the short term. He anticipates a stronger second half for the Indian market, favoring domestic demand-oriented sectors due to upcoming monsoons and lower taxation benefits.

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Tata Power’s consolidated net profit surged 25% to ₹1,306 crore in Q4FY25, with revenue rising 8% to ₹17,096 crore. A final dividend of ₹2.25 per share is proposed, pending shareholder approval on July 4, 2025, with a record date of June 20, 2025. The company plans a ₹25,000 crore capex for FY26 and is eyeing discom bids in Uttar Pradesh.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Bharti Hexacom’s shares are set to be in focus following a remarkable surge in profits. The telecom company reported a twofold increase in PAT to ₹468.4 crore for Q4 FY25, fueled by tariff hikes and premium offerings. Mobile revenues rose 22% year-on-year, with ARPU improving to ₹242, driving substantial growth in both revenue and profitability for the fiscal year.

JM Financial is focusing on four key business areas for growth. These include affordable housing, private credit, wealth and asset management, and corporate advisory. The company increased its stake in JM Financial Credit Solutions. They aim to originate, invest, and syndicate transactions. The wealth management business has seen increased AUM and investments.