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Israeli strikes in Gaza resulted in numerous fatalities, including women and children. A school sheltering displaced Palestinians was hit, causing significant casualties. Another school in Gaza City, also serving as a shelter, faced a similar attack. Tensions escalate as Israel prepares to intensify operations in Gaza. The conflict's impact on hostages and humanitarian aid remains a critical concern.
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HUDCO reported a 4% YoY rise in Q4FY25 net profit to Rs 728 crore, with revenue surging 38% to Rs 2,845 crore. Full-year PAT rose 28% to Rs 2,709 crore. Loan sanctions and disbursements jumped sharply, while interest income and yields improved. Despite strong numbers, shares fell 3.5% after results were announced during market hours.
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Gokaldas Exports led the rally, jumping 18.8% to 1,013 on the BSE. KPR Mill rose 10.1% to 1,122.05, and Arvind Ltd gained 5.8% to 387. The rally was fueled by optimism that zero-duty access to the UK market will boost Indian textile exports and enhance competitiveness against countries like Bangladesh and Vietnam.
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