SSPL Securities Private Limited

Wednesday 30 Jul, 2025 10:21 PM

BSE SME IPO of B. D. Industries (Pune) subscribed 1.01 times Northern Arc Capital drops after Q1 PAT slumps 13% YoY to Rs 81 cr Firstsource Solutions gains after Q1 PAT rises 25% YoY to Rs 169 cr in FY26 Redington Ltd leads losers in 'A' group Tata Motors drops amid reports of $4.5 billion bid for Italy's Iveco Times Guaranty Ltd leads losers in 'B' group Volumes soar at New India Assurance Company Ltd counter Redington records 12% YoY growth in Q1 PAT; clocks EBITDA of Rs 450 crore Muthoot Finance Ltd slips for fifth straight session Bajaj Finserv Ltd down for fifth straight session Gujarat Gas Ltd eases for fifth straight session Aegis Logistics Ltd drops for fifth straight session Mahindra & Mahindra Ltd drops for fifth straight session Federal Bank Ltd slips for fifth straight session ABB India deploys automation platform for THINK Gas' CGD network

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Economy News

News on Indian Economy and Sectors, which have impacts in the market.

India's oil demand growth accelerates in May 2025

16-Jul-25 14:27 Hrs IST

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that in May, India's oil demand expanded by 110 thousand barrels per day (tb/d), y-o-y, up from an increase of 21 tb/d, y-o-y, seen the previous month, supported by transportation fuels and NGLs/LPG. In terms of specific products, gasoline demand posted a large increase in April of 91 tb/d, y-o-y, up from 49 tb/d, y-o-y, seen in the previous month. Gasoline demand was supported by an increase in vehicle sales, which increased by 8%, y-o-y, amid a rise in travel ahead of the monsoon season. Demand for NGLs/LPG rose by 90 tb/d, y-o-y, up from 56 tb/d, y-o-y, growth seen in April.

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