The Indian stock market was affected on 3 April due to US President Donald Trump’s tariff declaration. Both Sensex and Nifty closed in red mark, while on April 2, the market managed to make a good lead. The US has imposed 26% tariff on India. Some sectors of India will be the most affected by this, so even today market fluctuations can be seen. However, there may be scope for action in shares of such companies, whose business activities have been exposed.
Ultratech cement
Aditya Birla Group cement company UltraTech said in the exchange filing that it will acquire Wonder Walcare Private Limited. After the implementation of this deal worth about Rs 235 crore, Wonder Wallcare will become a complete owned subsidiary of UltraTech cement. Ultratech shares closed over three percent to close at Rs 11,595.10 on Thursday.
Vedanta
Vedanta, the company of billionaire businessman Anil Aggarwal, released his business update for the fourth quarter (Q4) ended March 2025 after the market closed on Thursday. The company has performed well in aluminum and zinc production. Along with this, an increase in sales of iron ore, steel, oil and gas and electricity has also been recorded. The impact of this update was seen in the company’s shares today, which closed at Rs 439.80 on Thursday at Rs 439.80.
Surya Roshni Limited
Surya Roshni reported a big order after the market closed on 3 April. The company said that it had received an order of Rs 116.15 crore from Gayle India for supply of special types of pipes. Surya Roshni Limited had registered a profit of Rs 89.9 crore in the quarter ended December 2024. However, this figure was lower than before. The company’s stock is currently trading at Rs 262.10.
Avenue Supermarkets
Radhakishan Damani’s company has released its fourth quarter updates. During this period, the company’s standalone income was Rs 14,462.39 crore. Avenue is the original company of Supermarkets Deemart. As of 31 March there were a total of 415 stores of Dimart. On April 3, the company’s stocks rose 0.81% to close at Rs 4,155. So far this year it has increased by 16.68%.
Paras Defense and Space
Paras Defense has tied up with Israeli Microon Vision to bring advanced drone camera technology in India. The agreement will establish Paras Defense as the only supplier of advanced drone camera technology in India. The company gave this information after the market was closed yesterday, so its impact on its stock can be seen today. Paras’s shares closed at Rs 1,010.30 on Thursday with a gain of over 2%.
