According to the International Energy Agency’s (IEA) India Energy Outlook 2021, India’s primary energy demand is projected to nearly double by 2040, reaching 1,123 million tonnes of oil equivalent. This growth aligns with India’s GDP forecast of reaching US$ 8.6 trillion by the same period.

Over the past decade, India’s refining capacity has increased from 215.1 million metric tonnes per annum (MMTPA) to 256.8 MMTPA, with further expansion expected to 309.5 MMTPA by 2028. Additionally, India is set to be a major driver of non-OECD petroleum consumption globally. The country’s petroleum product consumption has risen significantly, from 158.4 MMT in 2013-14 to 234.3 MMT in 2023-24.

Let’s take a look at some of the top oil and gas stocks to watch in April 2025.

Best Oil and Gas Stocks in India in April 2025 – 5yr CAGR Basis

Note: The best oil and gas stocks in April 2025 here are as of April 03, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their 5Y CAGR. 

Overview of the Best Oil and Gas Stocks in India in April 2025

1. Chennai Petroleum Corporation Limited

Chennai Petroleum Corporation Limited (CPCL) is a subsidiary of IOCL (Indian Oil Corporation Limited) and is headquartered in Chennai, India.

The company reported a revenue of ₹15,683.25 crore in Q3 FY25, up from ₹14,424.86 crore in the previous quarter. It posted a net profit of ₹10.46 crore in December 2024, recovering from a net loss of ₹629.49 crore in September 2024. 

Key metrics:

• Earning per Share (EPS): ₹22.56
• Return On Equity (ROE): 4.49%

2. Oil India Limited

Oil India is a government-owned enterprise engaged in exploring, developing, and producing crude oil and natural gas. It also manages crude oil transportation and LPG production.

In Q3 FY25, Oil India Limited reported a revenue of ₹5,239.66 crore, compared to ₹5,518.95 crore in Q2 FY24. The company’s net profit stood at ₹1,221.80 crore, down from ₹1,834.07 crore in the previous quarter.

Key metrics:

• EPS: ₹40.28
• ROE: 13.75%

3. Aegis Logistics

Aegis Logistics, formerly known as Aegis Chemical Industries Ltd., was incorporated in 1956 and specialises in providing logistics solutions for the oil, gas, chemicals, and petrochemical industries.

In Q3 FY25, Aegis Logistics reported a revenue of ₹672.12 crore, up from ₹658.28 crore in Q2 FY24. Net profit stood at ₹65.79 crore, compared to ₹72.16 crore in the previous quarter. 

Key metrics:

• EPS: ₹12.23
• ROE: 17.13%

4. Mangalore Refinery and Petrochemicals Limited

Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of Oil and Natural Gas Corporation (ONGC) and operates under the Ministry of Petroleum and Natural Gas, Government of India. Founded in 1988, the refinery is situated in Katipalla, north of Mangalore’s city centre.

In Q3 FY25, Mangalore Refinery and Petrochemicals Limited reported a revenue of ₹25,600.78 crore, down from ₹28,785.92 crore in Q2 FY24. Net profit stood at ₹304.19 crore, recovering from a loss of ₹682.32 crore in the previous quarter.

Key metrics:

• EPS: ₹4.70
• ROE: 6.71%

5. The Great Eastern Shipping Company Limited

The Great Eastern Shipping Company Limited is an Indian maritime firm specializing in the transportation of liquid, gas, and solid bulk cargo. As of 2023, it stands as the largest private-sector shipping company in India.

In Q3 FY25, The Great Eastern Shipping Company Limited reported a revenue of ₹878.50 crore, down from ₹1,011.00 crore in Q2 FY24. Net profit increased to ₹678.63 crore from ₹564.97 crore in the previous quarter. 

Key metrics:

• EPS: ₹184.82
• ROE: 23.38%

Top Oil and Gas Stocks in India in April 2025 – Market Cap Basis

Note: The best oil and gas stocks listed here are as of April 03, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their market cap. 

Top Oil and Gas Stocks in India in April 2025 – Net Profit Margin Basis

Note: The best oil and gas stocks listed here are as of April 03, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their net profit margin. 

Outlook for India’s Oil and Gas Industry

India’s fast-paced economic expansion is driving a significant rise in oil demand, particularly in production and transportation. Crude oil consumption is projected to grow at a compound annual growth rate (CAGR) of 4.59%, reaching 500 million tonnes by FY40, up from 223 million tonnes in FY23.

In terms of volume, India’s oil consumption is expected to increase from 4.05 million barrels per day (MBPD) in FY22 to 7.2 MBPD by 2030 and 9.2 MBPD by 2050. Diesel demand is forecasted to double to 163 million tonnes by 2029-30, with petrol and diesel together accounting for 58% of India’s oil demand by 2045. With strong economic expansion and rapid urbanisation, the demand for oil is expected to remain robust.

Natural gas consumption is also set to rise at a CAGR of 12.2%, reaching 550 million cubic meters per day (MCMPD) by 2030, up from 174 MCMPD in 2021. Additionally, Indian refiners plan to increase refining capacity by 56 million tonnes per annum (MTPA) by 2028, bringing the total domestic refining capacity to 310 MTPA. The country also aims to double its oil refining capacity to 450-500 million tonnes by 2030.

Key Factors to Consider Before Investing in Oil and Gas Stocks

• Market Volatility and Price Fluctuations

Oil and gas stocks are highly influenced by changes in global oil prices. Supply and demand shifts, along with geopolitical events, can significantly impact a company’s profitability. Investors should closely track oil price trends and assess how companies manage market fluctuations.

• Government Policies

Policies related to subsidies, taxation, and environmental regulations play an important role in shaping the profitability of oil and gas companies. Understanding the impact of government policies on operations and costs is essential for making informed investment decisions.

• Financial Strength of Companies

Assessing a company’s financial stability—including revenue growth, profit margins, and debt levels—is crucial. Companies with lower debt and consistent earnings tend to be better equipped to handle market uncertainties.

• Operational Efficiency and Infrastructure

A company’s operational efficiency and infrastructure quality are key determinants of its profitability. Firms with well-structured production and distribution networks, along with a focus on technological advancements, are more likely to manage costs effectively and capitalise on growth opportunities.

Conclusion

Investing in oil and gas stocks requires thorough analysis of a company’s financial health, market positioning, and growth potential, while also considering risks related to energy price volatility and regulatory changes. Aligning these factors with an overall investment planning can lead to informed decision-making. Make sure to seek guidance from a financial expert can help tailor investments to specific financial goals and risk tolerance.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India is an important player in the global agriculture sector, with nearly 55% of its population relying on it for their livelihood. The country boasts the world’s largest buffalo population, the most extensive cultivation areas for wheat, rice, and cotton, and leads in the production of milk, pulses, and spices. Additionally, India ranks as the second-largest producer of fruits, vegetables, tea, farmed fish, cotton, sugarcane, wheat, rice, and sugar. With the second-largest agricultural land area globally, the sector remains a major employment driver, making farmers an essential part of the nation’s food supply chain.

In this article, we are going to learn about the best agriculture stocks in April, 2025 based on 5 year CAGR, market cap and net profit margin. 

Best Agriculture Stocks in India in April 2025 – 5yr CAGR Basis

Note: The best agriculture stocks in April 2025 here are as of April 04, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their 5Y CAGR. 

Overview of the Best Agriculture Stocks in India in April 2025

1. The Fertilisers and Chemicals Travancore Limited

The Fertilisers and Chemicals Travancore Limited (FACT) is a central public sector enterprise based in Kochi, Kerala. Established in 1943 by Maharajah Sree Chithira Thirunal Balarama Varma of the Travancore Kingdom, FACT is one of India’s oldest fertiliser and chemical manufacturing companies.

For the financial year 2014-15, FACT reported a revenue of ₹1,991.33 crore, while its net loss stood at ₹399.91 crore. In Q4 FY15 (March 2015), the company recorded a revenue of ₹476.81 crore and a net loss of ₹136.37 crore.

Key metrics:

• Return on Capital Employed (ROCE): ₹16.9
• Return On Equity (ROE): 35.77%

2. Deepak Fertilisers and Petrochemicals Corporation Limited

Deepak Fertilisers and Petrochemicals Corporation Limited is an Indian company specialising in the production of industrial and agricultural chemicals, crop nutrients, and fertilisers.

For the financial year 2023-24, Deepak Fertilisers and Petrochemicals Corporation Limited reported a revenue of ₹1,922.52 crore and a net profit of ₹313.37 crore. In Q3 FY25 (Dec 2024), the company recorded a revenue of ₹519.05 crore and a net profit of ₹66.92 crore, compared to ₹530.84 crore in revenue and ₹100.15 crore in net profit in Q2 FY25 (Sep 2024).

Key metrics:

• EPS: ₹27.78
• ROE: 10.83%

3. Chambal Fertilisers and Chemicals Ltd

Chambal Fertilisers and Chemicals Ltd, founded in 1985 by the KK Birla Group, is an Indian agrochemicals company headquartered in Kota, Rajasthan. It is the largest private-sector producer of urea, with an installed capacity of 1.5 million tonnes per annum.

n Q3 FY25 (Dec 2024), Chambal Fertilisers and Chemicals Ltd reported a revenue of ₹4,918.06 crore, up from ₹4,346.18 crore in Q2 FY25 (Sep 2024). The company’s net profit stood at ₹504.50 crore in Q3 FY25, compared to ₹500.42 crore in the previous quarter. For the first nine months of FY24, total revenue reached ₹17,966.41 crore, with a net profit of ₹1,331.44 crore.

Key metrics:

• EPS: ₹41.02
• ROE: 20.28%

4. Rashtriya Chemicals & Fertilizers Ltd

Rashtriya Chemicals & Fertilizers Ltd. is a government-owned public sector enterprise based in Mumbai, specializing in the production of chemicals and fertilizers. It operates under the administrative control of the Ministry of Chemicals and Fertilizers, Government of India.

In Q3 FY25, Rashtriya Chemicals & Fertilizers Ltd. reported a revenue of ₹45.18 crore and a net profit of ₹0.80 crore. For Q2 FY25, revenue stood at ₹4,289.56 crore with a net profit of ₹78.60 crore. 

Key metrics:

• EPS: ₹3.40
• ROE: 4.05%

5. Gujarat Narmada Valley Fertilizers & Chemicals

Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) is an Indian company engaged in the production of fertilisers and chemicals. Established in 1976, it was jointly promoted by the Government of Gujarat and Gujarat State Fertilizers and Chemicals.

For the quarter ending December 2024, Gujarat Narmada Valley Fertilizers & Chemicals reported a revenue of ₹1,899 crore and a net profit of ₹158 crore. In the previous quarter (September 2024), the company recorded a revenue of ₹1,917 crore and a net profit of ₹102 crore. 

Key metrics:

• EPS: ₹34.16
• ROE: 6.08%

Best Agriculture Stocks in India in April 2025 – Market Cap Basis

Note: The best agriculture stocks in April 2025 here are as of April 04, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their market cap. 

Best Agriculture Stocks in India in April 2025 – Net Profit Margin Basis

Note: The best agriculture stocks in April 2025 here are as of April 04, 2025, and are picked from the Nifty 500 universe. The stocks are sorted based on their net profit margin. 

Future Outlook

India’s agriculture sector is set to gain momentum in the upcoming years, driven by increased investments in infrastructure such as irrigation systems, warehousing, and cold storage. Additionally, the growing adoption of genetically modified crops is expected to enhance yields for Indian farmers. The country is also on track to achieve self-sufficiency in pulse production, supported by scientific advancements in early-maturing crop varieties and higher minimum support prices.

Over the next 5 years, the central government is planning to invest $9 billion in the fisheries sector under the PM Matsya Sampada Yojana, with a target to increase fish production to 220 lakh tonnes by 2024-25. The implementation of food safety and quality assurance frameworks, including Total Quality Management (TQM), ISO 9000, ISO 22000, HACCP, Good Manufacturing Practices (GMP), and Good Hygienic Practices (GHP), will further strengthen the food processing industry.

To attract more investment, the Ministry of Food Processing Industries (MoFPI) is taking proactive measures to boost the sector. The PM Kisan Sampada Yojana (PMKSY) continues under government support, with an allocation of ₹4,600 crore ($559.4 million) until March 2026.

Key Factors to Consider Before Investing in Agriculture Stocks

• Understanding Market Trends

Agriculture stocks are influenced by fluctuations in demand for crops, livestock, and food products. Investors should monitor factors like global population growth, urbanisation, and evolving dietary preferences—such as the rising demand for plant-based foods—that can impact agricultural markets.

• Climate and Weather Risks

Farming is highly dependent on weather conditions, making it vulnerable to climate change, droughts, floods, and storms. These unpredictable factors can directly affect crop yields, livestock health, and overall farm productivity.

• Government Policies and Support

The agriculture sector is heavily regulated, with policies such as subsidies, tariffs, and import/export restrictions playing a key role. Government incentives, including financial support for fertilisers, seeds, and crop insurance, can significantly influence the profitability of agricultural companies.

• Technological Innovations

Advancements in agriculture technology—such as precision farming, drone usage, and genetically modified organisms (GMOs)—can enhance crop productivity and reduce costs. Companies leveraging these innovations are likely to have better long-term growth potential.

• Supply Chain and Distribution Strength

Companies involved in the agricultural supply chain—such as fertiliser producers, irrigation equipment manufacturers, and logistics firms—should be assessed based on their distribution capabilities and ability to ensure consistent product availability.

Conclusion

Agriculture stocks present attractive opportunities for investors who benefit from the sector’s growth. However, defining your investment goals and assessing risk factors is crucial, as agriculture is susceptible to weather conditions, price volatility, and regulatory changes. Carefully evaluating a company’s financial health, market position, and long-term potential will help align investments with financial objectives.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Coforge share price fell over 7% on Friday, marking its fourth consecutive day of decline. The stock dropped by 7.43% to ₹6,625 per share on the BSE.

Acquisition of Rythmos Inc.

Coforge announced that its subsidiary, Coforge Inc., has completed the acquisition of Rythmos Inc. The deal, worth $48.7 million, involves the purchase of 100% of Rythmos’ shares.

The agreement, initially signed in March 2025, required Coforge to pay $30 million upfront, with additional payments of up to $18.7 million based on revenue and profit targets for 2025 and 2026.

About Coforge

Coforge, previously known as NIIT Technologies, is a global IT company headquartered in Noida, India, and New Jersey, USA. Its shares are listed on the BSE and NSE under the ticker COFORGE.

Stock Performance

Coforge’s share price has fallen 7% in the past month and is down 30% so far this year. However, it has gained 15% over the past year and has delivered a massive 547% return over the last 5 years. Despite this, the stock is currently trading 34% below its 52-week high.

As of 12:20 PM on April 4, Coforge shares were trading at ₹6,716.80, down 6.15% on the BSE.

Conclusion

Despite the recent dip, Coforge has shown strong long-term growth. Investors will now watch how the Rythmos acquisition impacts future earnings and stock performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Key Features of MahaKumbh Soundbox

• Displays real-time payment updates and total daily transactions.

• Supports 4G connectivity, has a 10-day battery life, and works in 11 languages.

• Built-in QR code for seamless UPI and RuPay Credit Card payments.

• Strong 3-watt speaker for instant voice confirmations.

• Splash-resistant and durable design for businesses of all sizes.

Enhancing Business Efficiency

Paytm, India’s leading digital payments company, has launched the Made-in-India MahaKumbh Soundbox to help merchants track payments more easily. This 4G-enabled device provides instant payment alerts on a digital screen, allowing businesses to see their transactions in real-time. It also improves operational efficiency by giving merchants a clear overview of daily collections.

The MahaKumbh Soundbox is designed to streamline digital transactions just like the Kumbh Mela, which brings millions of people together. It integrates multiple features into a single device, making payments easier and more convenient for businesses.

Improved Transaction Tracking

With a digital display, merchants can see transaction updates, total collections, and device status instantly. The built-in QR code supports all UPI payments and RuPay Credit Cards, ensuring seamless transactions. It also features a powerful speaker for clear voice alerts, helping merchants quickly verify payments even during busy hours.

Expanding Paytm’s Innovation in Digital Payments

This launch follows Paytm’s recent introduction of the Solar Soundbox, which uses solar energy to power digital transactions. The company also offers NFC-enabled Soundbox for tap-and-pay payments, making transactions even faster and more secure.

Paytm continues to introduce features based on customer needs, including:

• UPI statement downloads (PDF & Excel) for better financial tracking.

• UPI Trading Blocks for direct stock payments without pre-funding.

• Receive Money QR Widget for instant payments.

• UPI-linked bank balance checks on the Paytm app.

Global Expansion of Paytm UPI

Paytm is also expanding its services internationally, enabling UPI payments in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.

About Paytm

Paytm is a pioneer in India’s mobile payments and financial services industry. It has revolutionised QR-based payments and continues to develop technologies that help small businesses grow. Paytm’s mission is to bring half a billion Indians into the digital economy with innovative financial solutions.

On April 4, Paytm share price traded at ₹809.50, down 3.22%. The stock opened at ₹832.20, reached a high of ₹843.00, and fell to a low of ₹805.00. Paytm has a market capitalisation of ₹51,680 crore. The stock’s 52-week high is ₹1,062.95, while its 52-week low stands at ₹310.00.

Conclusion

With the MahaKumbh Soundbox, Paytm strengthens its position in digital payments, offering businesses an innovative tool for seamless, efficient, and secure transactions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tata Motors share price declined 5.77% to ₹615.50 on the BSE, approaching its 52-week low of ₹606.20, recorded on March 3. The company’s market capitalisation fell to ₹2.26 lakh crore. Tata Motors has a one-year beta of 1.2, indicating high volatility.

On April 4, automakers and auto component company shares continued to slide, dragging the Nifty Auto index down nearly 3%. The decline followed the US government’s decision to impose a 25% tariff on imported automobiles, impacting global trade prospects.

Recent Decline in Tata Motors’ Stock

• Down 34% in the last 6 months 
• Dropped 22% in the past 3 months 
• Lost 39% in the past year

Impact on Indian Exports

A report by Tata Mutual Fund highlighted that India exports automobiles and auto components worth $6.8 billion to the US. The new tariff will reduce price competitiveness, especially for ancillary companies that rely on exports.

Tata Motors Takes a Major Hit

Tata Motors’ stock dropped over 5% as its subsidiary, Jaguar Land Rover (JLR), has significant exposure to the US market. JLR sold more than 400,000 vehicles globally in FY24, with about 23% of sales coming from the US.

Industry experts suggest JLR may have to raise prices or cut costs to maintain profit margins. However, these strategies may not deliver immediate results, leading to a near-term impact on revenue and profitability.

Broader Market Selloff

The market downturn affected not just export-heavy companies but also domestic players. Maruti Suzuki and Mahindra & Mahindra shares fell by over 2% each. Auto component makers like Sona BLW Precision and Samvardhana Motherson saw a steeper drop of more than 5%.

US Defends Tariff Decision

Announcing the new tariffs on April 2, US President Donald Trump pointed to high tariffs imposed by trading partners. He argued that foreign carmakers like Toyota benefit significantly in the US market, while American automakers face restrictions abroad.

“In many cases, our friends in trade have been worse than our foes. These imbalances have hurt our industries and put our national security at risk,” Trump said.

Conclusion

With rising trade tensions and high exposure to the US, Tata Motors and auto component makers face near-term challenges, requiring strategic adjustments to sustain growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tillomed Laboratories Limited, a subsidiary of Emcure Pharmaceuticals Ltd. ( NSE: EMCURE), has signed an Asset Purchase Agreement (APA) with UK-based Manx Healthcare Limited and its subsidiaries, Manx Pharma Ltd. and Manx Generics Limited.

Key Details of the Deal

Under this agreement, Tillomed will acquire Manx’s product portfolio, including dossiers, marketing authorisations, intellectual property, and inventory. The total deal value is around £19.7 million, which includes £4.7 million for inventory. Tillomed will make an initial payment of £6.2 million, with the remaining amount to be paid in milestone-based instalments over the next 18 months.

Strategic Benefits

The acquisition will help Tillomed expand its product range, strengthen its market presence, and improve patient access to essential medicines. Speaking about the deal, Ajit Srimal, CEO of Tillomed, stated, “This acquisition reinforces our commitment to providing high-quality and affordable healthcare solutions. The addition of Manx’s established products will enhance our portfolio and market reach.”

About Tillomed

Tillomed Laboratories Limited is a European pharmaceutical company specialising in the development, licensing, and marketing of generic medicines. Based in Luton, UK, Tillomed operates across multiple European countries, ensuring affordable healthcare solutions. As a subsidiary of Emcure Pharmaceuticals, Tillomed benefits from strong R&D, manufacturing, and distribution capabilities. The company has a diverse portfolio of over 100 products, making quality medicines more accessible across Europe.

About Emcure Pharmaceuticals

Emcure Pharmaceuticals Ltd. (EPL) is a leading Indian pharma company headquartered in Pune, India. It focuses on developing, manufacturing, and marketing a wide range of pharmaceutical products globally. It ranks as the 12th largest pharmaceutical company in India (as of June 2024) and operates in over 70 countries, including Europe and Canada.

This acquisition marks a significant step for Tillomed and Emcure, strengthening their position in the European market and expanding their product offerings.

As of April 4, 2025, at 12:38 PM IST, Emcure Pharmaceuticals share price (NSE: EMCURE) is trading at ₹994.85, down ₹38.40 (-3.72%) for the day. The stock opened at ₹1,037.50, reached a high of ₹1,047.95, and a low of ₹988.55. Emcure has a market capitalisation of ₹18,850 crore, a P/E ratio of 31.30, and no recorded dividend yield. The stock’s 52-week high stands at ₹1,580.00, while its 52-week low is ₹910.95.

Conclusion

This acquisition reinforces Tillomed’s commitment to delivering high-quality, affordable medicines while strengthening Emcure’s footprint in the European market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tech stocks are under pressure as the market prepares for key Q4 earnings next week. The Nifty IT Index has fallen nearly 2% today, following a sharp 4% decline on April 3. Over the past month, the index has dropped around 7%, with stocks like Coforge, Wipro, Persistent, and Infosys among the top losers.

Leading IT companies witnessed a sharp decline today, with the Nifty IT Index falling nearly 2%. Coforge share price dropped 6.21% to ₹6,713.10, hitting an intraday low of ₹6,623.00 after opening at ₹7,050.35. Wipro share price fell 3.43% to ₹247.55, touching a low of ₹246.80 from an opening price of ₹253.00. Persistent Systems share price also saw a steep fall of 5.78%, closing at ₹4,516.10, with an intraday low of ₹4,498.60. Infosys share price declined 2.33% to ₹1,461.65 after opening at ₹1,460.50, with a low of ₹1,451.25. The decline in IT stocks follows global market weakness, recession fears in the U.S., and concerns over weak Q4 earnings in the sector.

The current slump in tech stocks is part of a broader market trend, with Wall Street witnessing its worst single-day fall since the COVID-19 crash.

Key Reasons for the Fall in Tech Stocks

1. Wall Street Sees Biggest Drop Since 2020

Tech stocks in the U.S. faced heavy selling after former President Donald Trump announced new tariffs, sparking fears across global markets. The Nasdaq and S&P 500 fell 5% each, while major tech companies like Apple, Amazon, and Nvidia recorded significant losses. Apple alone dropped 9%, marking its worst day in years.

2. Rising Recession Fears in the U.S.

Concerns over a potential U.S. recession are growing due to the impact of tariffs. Tariffs could increase inflation, reducing demand and slowing economic growth. Former RBI Governor Raghuram Rajan has also criticised the move, calling it a “self-goal” for the U.S. economy.

3. Weak Q4 Earnings Expected for IT Companies

The Indian IT sector is bracing for weak Q4 earnings, especially with continued challenges in the U.S. market. IT firms are struggling to improve profit margins due to high employee utilisation and low attrition. They also highlight pricing pressure in new deals, which could limit revenue growth in FY26.

While IT heavyweights like TCS, Mphasis, and LTIM are seen as relatively better positioned, Infosys is expected to provide a cautious revenue growth outlook of just 1-3% for FY26, similar to FY25. HCL Tech may aim for 3-5% growth, but overall, the sector faces tough conditions.

Conclusion

Tech stocks are under pressure due to global market turmoil, concerns over a U.S. recession, and weak earnings expectations. With the Nifty IT Index already down 7% in the last 30 days, investors remain cautious ahead of upcoming earnings reports.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Suzlon Energy informed the stock exchanges that its wholly-owned subsidiary, Suzlon Global Services Ltd (SGSL), has been fined by the Commissioner of Customs (Imports), Mumbai. The penalty of ₹7.47 lakh was imposed over allegations of non-payment of customs duty on casting parts imported from China on August 30, 2017.

The company stated that SGSL plans to appeal the order with the appropriate authorities. However, Suzlon clarified that this issue will not have any significant impact on its financials, operations, or business activities.

Update on Suzlon’s Order Book

Suzlon recently provided an update on its order book, including recent order cancellations and new contracts. As of January 28, 2025, the company’s order book stood at 5,523 MW. After adjustments, including new orders, cancellations, and dispatches, the order book now stands at 5,622 MW. The final details will be disclosed with Suzlon’s financial results for Q4 FY25 and FY25.

Stock Performance 

As of April 4, 2025, at 11:54 AM IST, Suzlon Energy share price is trading at ₹55.65, down 3.20% (-₹1.84) for the day. The stock opened at ₹57.49, reached a high of ₹57.50, and a low of ₹55.01. The company has a market capitalisation of ₹75,960 crore and a price-to-earnings (P/E) ratio of 66.45. It does not offer a dividend yield. Over the past 52 weeks, the stock has traded between a high of ₹86.04 and a low of ₹37.90.

Financial Ratios & Promoter Holdings

• Price-to-earnings (P/E) ratio: 157.57

• Price-to-book (P/B) ratio: 19.35

• Earnings per share (EPS): ₹0.35

• Return on equity (RoE): 12.36%

• Stock beta: 1.2 (indicating high volatility)

As of December 2024, promoters held a 13.25% stake in Suzlon Energy.

About Suzlon 

Suzlon is a leading global provider of renewable energy solutions and a vertically integrated manufacturer of wind turbine generators (WTGs). The company handles the entire process, from design and development to manufacturing key components such as rotor blades, tubular towers, generators, control systems, gears, and nacelles. 

Conclusion

Despite the penalty, Suzlon clarified there is no major financial impact. The company’s order book remains strong, but the stock continues to face volatility.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.