The Indian stock market witnessed a remarkable rebound on April 28, 2025, following two days of losses, with Reliance Industries spearheading the recovery. As the country's most valuable company, Reliance reported robust earnings for the quarter ended March 2025, propelling the NIFTY50 index and SENSEX to new heights.
Market Performance Highlights
The SENSEX surged by as much as 1,109 points, reaching an intraday high, while the NIFTY50 touched 24,355. By the close of trading, the SENSEX gained 1,005.84 points or 1.27%, settling at 80,218.37. Similarly, the NIFTY50 climbed 289.15 points or 1.2%, closing at 24,328.50, driven largely by Reliance's performance.
Reliance Industries Shines as Top Gainer
Reliance Industries emerged as the top gainer in the NIFTY50 index, with its stock rising 5.07% to close at ₹1,366.30. This impressive gain came after the company, led by billionaire Mukesh Ambani, announced a net profit of ₹19,407 crore for Q4FY25 on April 25, 2025. This figure reflects a 2.41% increase from the ₹18,951 crore recorded in the same quarter last year.
The company's revenue from operations grew by 10%, reaching ₹2,64,573 crore compared to ₹2,40,715 crore in the previous year. Operationally, its earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 3.1% to ₹43,832 crore from ₹42,516 crore, though the EBITDA margin shrank by 110 basis points to 16.57% from 17.66%.
Other Top Gainers in NIFTY50
Joining Reliance in the list of top gainers were Sun Pharma (up 3.07%), JSW Steel (up 2.91%), Bharat Electronics (up 2.59%), and Dr Reddy's Labs (up 2.35%), showcasing a broad-based rally in the index.
Top Loser: Shriram Finance
On the downside, Shriram Finance was the top loser, with its stock declining 5.13% to close at ₹621.60. Despite reporting a 6% year-on-year increase in consolidated net profit to ₹2,143.77 crore for Q4 FY25 (up from ₹2,021.28 crore last year), the stock faced pressure. The company’s net interest income (NII) also rose 9.4% to ₹5,565.5 crore from ₹5,089 crore in the same quarter last year.
Why This Matters for Investors
Economic Growth and Market Trends
The strong performance of Reliance Industries signals confidence in India's economic growth, particularly in the energy and telecom sectors. Investors watching the NIFTY50 should keep an eye on these trends as they may indicate further market movements in the coming weeks.
Stay tuned to The ExpertSK blog for more updates on the Indian stock market and how top companies like Reliance Industries shape its future!
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