What is the Fitment Factor in the 8th Pay Commission?

The Union Cabinet approved the 8th Pay Commission last week, which is set to be implemented starting January 1, 2026. A major part of this revision is the Pay Matrix, which organises salaries based on various job levels. 

One important factor in this calculation is the fitment factor, which decides how much the basic pay will increase. Let’s understand more about the 8th pay commission fitment factor, how the fitment factor is calculated, and how government employees will benefit. 

Fitment Factor Meaning

The fitment factor is a multiplier used to calculate government employees’ salaries and pensions. It is determined by considering various factors such as inflation, employee needs, and the government’s financial capacity.

How Fitment Factor is Calculated?

The fitment factor is calculated by dividing the revised basic pay by the current basic pay (inclusive of grade pay). It determines how much the salary is increased in the new pay structure. For example, if the current basic pay is ₹18,000 and the revised basic pay is ₹51,480, the fitment factor would be 2.86 (₹51,480 ÷ ₹18,000).

Potential Salary Hike: What to Expect from 8th Pay Commission?

While the government hasn’t disclosed the exact salary hike percentage, as per reports, the “fitment factor” could increase from 2.57 to 2.86, if this happens, the minimum basic salary for government employees may rise from ₹18,000 to ₹51,480 per month, nearly tripling their earnings.

Previously, the 7th Pay Commission, effective from January 1, 2016, increased the salaries of central government employees by a factor of 2.57, meaning their pay was multiplied by 2.57 times. It also raised the minimum basic salary to ₹18,000, up from ₹7,000 in the 6th Pay Commission, while the minimum pension increased from ₹3,500 to ₹9,000.

The 6th Pay Commission, which began in January 2006, applied a 1.86 fitment factor, raising the minimum basic salary from ₹2,750 under the 5th Pay Commission to ₹7,000. Additionally, the minimum pension was increased from ₹1,275 to ₹3,500.

To learn more about the expected changes in the 8th Pay Commission and how salary adjustments are calculated for central government employees, click here.

What is a Pay Commission?

The Pay Commission is a body set up every 10 years to review and recommend changes to the salary, perks, bonuses, and allowances of government employees. The recommendations of the 7th Pay Commission, formed in 2014, have been in effect since January 1, 2016.

Since its inception in 1946, there have been 7 Pay Commissions. The 8th Pay Commission aims to align employee benefits with current economic conditions.

How Many People Will Benefit?

Approximately 50 lakh central government employees, including defence personnel, will benefit from the 8th Pay Commission’s recommendations. Additionally, around 65 lakh pensioners, including defence retirees, are expected to see an increase in their pensions.

The 8th Pay Commission is set to bring financial changes for millions of government employees and retirees across India.

To learn more about the 8th Pay Commission’s expected salary changes, click here.

 

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.

Top Gainers and Losers on January 20, 2025: Kotak Bank, Wipro Surge, SBI Life Drops

On January 20, 2025, the Indian stock markets ended the day on a positive note. The Sensex, a 30-stock index, rose by 454 points or 0.59%, closing at 77,073.44. It traded between 76,584.84 and 77,318.94 during the day.

Similarly, the NSE Nifty50 also closed higher at 23,344.75, gaining 141 points or 0.61%. The Nifty50 reached a high of 23,391.10 and a low of 23,170.65.

As of January 20, 2025, the top gainers and losers for the day are:

Top Gainers of the Day

Symbol Open High Low LTP %chng
KOTAKBANK 1,890.00 1,929.90 1,866.00 1,918.00 9.06
WIPRO 302.00 305.40 296.95 300.5 6.58
BAJFINANCE 7,182.10 7,470.00 7,182.10 7,427.50 3.42
BAJAJFINSV 1,686.30 1,738.00 1,674.40 1,737.00 3.35
NTPC 326.20 337.00 324.55 334.95 2.7

  • Kotak Mahindra Bank

Kotak Mahindra Bank share price opened at ₹1,890.00, reached a high of ₹1,929.90, and closed at ₹1,918.00, up by 9.06%.

  • Wipro

Wipro share price started at ₹302.00, peaked at ₹305.40, and ended at ₹300.50, registering a 6.58% rise.

  • Bajaj Finance

Bajaj Finance share price opened at ₹7,182.10, touched ₹7,470.00, and closed at ₹7,427.50, gaining 3.42%.

  • Bajaj Finserv

Bajaj Finserv share price started at ₹1,686.30, reached ₹1,738.00, and ended at ₹1,737.00, up by 3.35%.

  • NTPC

NTPC share price opened at ₹326.20, hit ₹337.00, and closed at ₹334.95, up by 2.7%.

Top Losers of the Day

Symbol Open High Low LTP %chng
SBILIFE 1,547.80 1,547.80 1,487.30 1,497.00 -2.82
TRENT 6,210.00 6,225.00 6,074.05 6,079.95 -2.2
SHRIRAMFIN 511.00 521.50 493.35 516.1 -1.98
HDFCLIFE 642.00 644.05 630.55 633.6 -1.34
ADANIPORTS 1,172.00 1,172.00 1,146.50 1,148.45 -1.29

  • SBI Life Insurance Company 

SBI Life share price opened at ₹1,547.80, dropped to ₹1,487.30, and closed at ₹1,497.00, down by 2.82%.

  • Trent

Trent share price opened at ₹6,210.00, hit a low of ₹6,074.05, and closed at ₹6,079.95, down by 2.2%.

  • Shriram Finance

Shriram Finance share price opened at ₹511.00, fell to ₹493.35, and ended at ₹516.10, losing 1.98%.

  • HDFC Life Insurance Company

HDFC Life share price started at ₹642.00, touched a low of ₹630.55, and closed at ₹633.60, down by 1.34%.

  • Adani Ports

Adani Ports share price opened at ₹1,172.00, reached a low of ₹1,146.50, and closed at ₹1,148.45, down by 1.29%.

 

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.

Bharat Dynamics Reaches 4-Month High with ₹2,960-Crore Order Win

Bharat Dynamics Ltd (BDL) share price have risen significantly, hitting a four-month high of ₹1,344.65, up 5% in Monday’s intra-day trade on the BSE. Over the past 3 days, the stock surged by 19%, fueled by the announcement of a major order worth ₹2,960 crore. This marks the highest level for the stock since September 4, 2024. Previously, the stock reached an all-time high of ₹1,794.70 on July 5, 2024.

New Contract for Medium-Range Surface-to-Air Missiles

On January 16, 2025, BDL revealed that it had secured a contract from the Ministry of Defense (MoD) for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy. The deal, valued at ₹2,960 crore, involves MRSAM systems that will be deployed on multiple naval ships and future platforms, reflecting India’s push to strengthen its defence and adopt advanced Indigenous military technology.

Strong Order Pipeline and Growth Potential

With this contract, BDL’s total order intake for FY25 so far has reached ₹3,110 crore, a substantial increase from ₹1,793 crore in FY24. The company’s order backlog stands at an estimated ₹21,000 crore, which is 9.5 times its trailing twelve-month (TTM) revenue, ensuring robust revenue visibility.

 

Despite recent supply chain disruptions that impacted execution and led to a 19% YoY decline in H1 revenue, BDL continues to have a strong order pipeline, including missiles, torpedoes, sonobuoys, and countermeasure systems.

Strategic Importance and Government Support

BDL plays a key role in India’s defence ecosystem as the primary manufacturer of guided missiles, including Akash surface-to-air and Konkur anti-tank guided missiles. The company benefits from government initiatives to boost domestic weapon production and exports. Strong financial support, including healthy order advances, enhances its ability to expand and innovate.

BDL’s strategic importance, solid order book, and focus on self-reliance position it as a crucial player in India’s defence sector. However, timely execution of orders will be vital for sustaining 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.

 

Jio Financial Services Q3 FY25 Results: Net Profit Steady at ₹295 Crore

Jio Financial Services Ltd reported a consolidated net profit of ₹295 crore for the third quarter ending December 2024, nearly unchanged from ₹294 crore in the same period last year. In the previous quarter (Q2 FY24), the company had a higher consolidated net profit of ₹689 crore.

The company’s total income grew to ₹449 crore in Q3 FY24, up from ₹414 crore in the corresponding quarter of FY23. However, total expenses also rose to ₹131 crore compared to ₹99 crore during the same period last year.

9-Month Performance

For the 9 months ending December 2024, Jio Financial Services posted a marginal increase in net profit at ₹1,296 crore compared to ₹1,294 crore in the same period the previous year.

Business Operations

Jio Financial Services spun off from Reliance Industries, operates in various segments, such as investing and financing, insurance broking, payment gateway services, and payment aggregator solutions.

Key Developments

  • The company partnered with BlackRock to form a joint venture to enter the asset management industry. An application for mutual fund operations was submitted to SEBI on October 19, 2023.
  • Jio Payment Solutions obtained an Online Payment Aggregator license.
  • In September 2024, the company launched Jio BlackRock Investment Advisers Private Ltd to offer wealth management services. Recruitment for its senior leadership team is ongoing.

 

About Jio Financial Services

JFSL is a non-banking financial company – A non-deposit-taking Systemically important (NBFC-ND-SI) entity registered with the Reserve Bank of India (RBI). It serves as a holding company and manages its financial services operations through its subsidiaries: Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL). Additionally, it operates Jio Payments Bank Limited (JPBL) as part of a joint venture.

Jio Financial Services share price is trading at ₹276.45, down 0.91% as of 12:44 PM IST on January 20, 2025. The stock opened at ₹279.00, hitting a high of ₹280.00 and a low of ₹271.15 during the session. With a market cap of ₹1.74 lakh crore, a P/E ratio of 109.37, and no dividend yield, the stock’s 52-week range is ₹237.10 to ₹394.70.

 

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.

 

Budget 2025: Space Sector Seeks PLI, Tax Relief, and Boosted Funding

India’s space sector has outlined its expectations for the Union Budget 2025-26, set to be announced on February 1, 2025. Industry leaders are calling for government support through tax reforms, incentives, and increased funding to boost innovation and growth.

Production-Linked Incentive (PLI) Scheme for Space Startups

The space industry is urging the government to introduce a PLI scheme to encourage local manufacturing and infrastructure development. Awais Ahmed, CEO of Pixxel Space, emphasised the importance of incentivising companies to establish production facilities for satellites and space technologies.

Tax Cuts and Import Exemptions

The Indian Space Association (ISpA) has requested tax holidays, import duty exemptions, and lower GST rates to support the private space sector. Lt Gen A K Bhatt (retd), Director General of ISpA, highlighted the need for fiscal relief to encourage private sector participation.

Increased Budget Allocation for Space-Based Applications

The sector is pushing for higher budgetary allocations for departments using space applications. For instance, the Ministry of Road Transport aims to leverage satellite data for toll collection. Experts are also hoping for significant funding to support science and space missions.

Focus on Defence and Strategic Space Initiatives

The government has approved a 52-satellite constellation for the defence sector, with 31 satellites to be built by private companies. The Satcom Industry Association (SIA-India) has called for a budget increase to ₹40,000-50,000 crore to bridge funding gaps with nations like Japan and China.

Priority Areas for Development

SIA-India President Subbarao Pavuluri emphasised the need for funding in key areas such as:

  • Advanced satellite technologies
  • Space mining
  • Cybersecurity for space systems
  • Reusable launch technologies
  • Quantum satellite communication
  • Green propulsion systems

Export Incentives and Strategic Agreements

To boost global competitiveness, SIA-India has suggested strategic bilateral agreements, tax credits, and export incentives for Indian satellites and launch services.

Space Cybersecurity Framework

SIA-India has proposed the creation of a dedicated space cybersecurity framework, supported by real-time threat intelligence platforms and R&D funding. This framework would align with global standards to ensure space system security.

Space Economy Task Force

The establishment of a Space Economy Task Force within the Finance Ministry is another key demand. This body would align fiscal policies with a 30-year growth plan and introduce measures like R&D subsidies to accelerate sector growth.

India’s space industry sees Budget 2025 as a critical opportunity to secure the resources and incentives needed to establish itself as a global leader in space exploration and technology.

Explore Deloitte India’s insights on Union Budget 2025-26 expectations. Read more here.

 

 

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.

Nava Ltd Stock Split: Record Date Today, January 20, 2025

Today is the last day to buy shares of Nava Ltd to qualify for stock splits, as the record date is Monday, January 20.

To be eligible for the stock splits, shareholders must purchase the shares at least one day before the ex-date, as the settlement occurs the following day. Those who buy the shares on the ex-date will not be eligible for dividends, stock splits, or bonus issues.

Since the T+1 settlement system was introduced, the ex-date and record date typically fall on the same day, unless there’s a stock market holiday on the record date.

Details of the Stock Splits

Nava Ltd’s board has approved a stock split in a 1:2 ratio for shareholders, meaning each shareholder will receive 2 shares for every 1 share they hold. This decision was made through a postal ballot process in December 2024.

The company has set Monday, January 20, 2025, as the record date to determine the eligibility of shareholders for the stock split. Shareholders will receive 2 equity shares of ₹1 each for every existing share of ₹2.

Previous Stock Split

This will be the second stock split for Nava Ltd. The company had previously split its shares in August 2005, reducing the face value from ₹10 per share to ₹2 per share.

Nava Limited Q2 FY25 Results 

Nava Limited reported strong financial results for Q2 FY25, with consolidated Profit After Tax (PAT) of ₹331.9 crore. Standalone PAT for the quarter reached ₹146.1 crore, boosted by a US$10 million dividend from its subsidiary. Despite maintenance outages at Odisha power plants, the energy division saw improved profitability, while the metals division benefited from strong realisations and product diversification. The company’s revenue grew by 21.3%, with EBITDA increasing by 242%. Additionally, MEL started its 300 MW Phase II project and began clearing overdue liabilities.

About Nava Bharat Ventures Ltd

Nava Bharat Ventures Ltd was founded in 1972 as a manufacturer of ferro alloys in India. Today, it is a multinational company with operations in India, Southeast Asia, and Africa, and is involved in various sectors such as metals manufacturing, power, mining, agribusiness, and healthcare.

Nava share price is currently trading at ₹432.75, down by ₹1.10 (0.25%) as of 11:15 AM on January 20. The stock opened at ₹433.80, reached a high of ₹438.70, and a low of ₹430.55. The market capitalisation stands at ₹6.38K crore, with a P/E ratio of 5.50 and a dividend yield of 1.62%. The stock’s 52-week high is ₹1,347.80, and its 52-week low is ₹430.55.

 

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.

Wipro Share Price Surge Over 6% After Strong Q3 FY25 Earnings

Wipro share price is currently trading at ₹301.25, up by ₹19.30 (6.85%) as of 10:37 AM on January 20. The stock opened at ₹302.00, reached a high of ₹305.40, and a low of ₹296.95. 

Wipro Reports 24.48% YoY Growth in Q3 FY25 Net Profit

Wipro posted a 24.48% year-on-year increase in consolidated net profit for the December 2024 quarter, reaching ₹3,353.8 crore, up from ₹2,694.2 crore in the same quarter last year. The company’s revenue rose by 0.51% to ₹22,318.8 crore in Q3 FY25, compared to ₹22,205.1 crore in Q3 FY24.

Large Deal Bookings and Margin Growth

Wipro secured large deal bookings worth $961 million, marking a 6% increase in constant currency terms compared to the previous year. The company’s IT services operating margin rose by 1.5% year-on-year to 17.5%, the highest in three years.

Strong Execution Despite Seasonally Weak Quarter

Wipro’s CEO, Srini Pallia, emphasised strong performance despite the seasonally weaker quarter. The company closed 17 large deals valued at $1 billion, continuing to invest in talent and focusing on leading clients through an AI-driven future.

Interim Dividend

Wipro declared an interim dividend of ₹6 per equity share. The company also announced a revised capital allocation policy, committing to a 70% or higher payout over a 3-year period. 

 

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.

RBL Bank Q3 FY25 Earnings: Profit Falls 86% to ₹32.6 Crore, Deposits Grow 15% to ₹1.07 Lakh Crore

RBL Bank released its financial results for the October-December quarter of FY25 on January 18, reporting an 86% drop in net profit to ₹32.6 crore, compared to ₹233.1 crore in the same quarter last year. The steep decline was primarily due to higher provisions during the period.

Net Interest Income (NII) Sees Modest Growth

The bank’s net interest income (NII) grew by 3% year-on-year (YoY) to ₹1,585 crore in Q3FY25, compared to ₹1,546 crore in the same period last year. For the 9 months ending December 2024, NII rose 10% YoY to ₹4,900 crore, while the net interest margin (NIM) for the quarter stood at 4.90%.

Provisions and Slippages Increase Significantly

Provisions nearly doubled to ₹1,189 crore in Q3FY25 from ₹458 crore in Q3FY24. Slippages in the microfinance (MFI) book rose sharply to ₹535 crore, compared to the usual range of ₹125-150 crore, due to borrower over-leverage and historical challenges.

Asset Quality Shows Mixed Trends

  • Gross NPA Ratio rose slightly to 2.92% from 2.88% in the previous quarter but improved from 3.12% YoY.
  • Net NPA Ratio improved to 0.53% from 0.79% in the previous quarter and 0.80% YoY.
  • Gross NPAs in absolute terms increased to ₹2,701 crore, while net NPAs fell to ₹481.64 crore from ₹697.51 crore in the previous quarter.

Strong Growth in Deposits and Advances

The bank recorded a 15% YoY growth in total deposits, reaching ₹1.07 lakh crore, with CASA deposits rising 12% to ₹35,022 crore. Granular deposits (below ₹3 crore) grew 20% YoY to ₹53,719 crore, forming over 50% of total deposits.

Net advances grew 13% YoY to ₹90,412 crore, driven by a 19% rise in retail advances to ₹55,199 crore.

  • Housing loans: Up 33% YoY
  • Rural vehicle finance: Up 30% YoY
  • Commercial banking advances: Up 21% YoY

Other Highlights

  • Other income surged 38% YoY to ₹1,073 crore, with core fee income growing 19% to ₹871 crore.
  • The bank earned a net gain of ₹144.15 crore from selling a 10% stake in DAM Capital.
  • Capital adequacy ratio stood at 15.4%.
  • The credit card segment, where the bank has significant exposure, reported net slippages of ₹533 crore.

RBL Bank share price is trading at ₹152.95, down by ₹2.17 or 1.40% as of 9:47 AM IST on January 20. The stock opened at ₹146.10, reached a high of ₹154.15, and a low of ₹146.10.

 

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.

Upcoming IPOs This Week: 1 Mainboard and 3 SME IPOs Open for Subscription

As January 2025 progresses, the IPO market is becoming increasingly active. While investors remain focused on Q3 earnings, several IPOs are set to open for subscription, offering diverse investment opportunities. This week, from January 20 to January 25, features one mainboard IPO, three SME IPOs, and multiple ongoing issues. Here’s a detailed breakdown.

Upcoming IPOs This Week in January 2025

  • Mainboard IPO: Denta Water IPO

Denta Water IPO, the mainboard offering, will open for subscription from January 22 to January 24. Established in 2016, the company specialises in water management infrastructure, particularly groundwater recharge projects. The IPO has an issue size of ₹220.50 crore with a fixed price of ₹294 per share. Managed by SMC Capitals, the IPO will be listed on BSE and NSE on January 29. 

SME IPOs

  • CapitalNumbers Infotech IPO

CapitalNumbers Infotech IPO will be open for subscription from January 20 to January 22. This IT and software services company offers web development and digital marketing solutions. The IPO includes a fresh issue of ₹84.69 crore and an offer for sale of an equivalent amount, with a price band of ₹250–₹263 per share. 

  • Rexpro Enterprises IPO

Rexpro Enterprises IPO will be open from January 22 to January 24. This fixed-price issue is priced at ₹145 per share, with a total issue size of ₹53.65 crore. The company is involved in manufacturing furniture and fixtures for retail businesses. 

  • GB Logistics IPO

GB Logistics IPO will open for subscription from January 24 to January 28. The company specialises in logistics and transportation. This book-built issue comprises 24.58 lakh shares, but the price band is yet to be announced. 

 

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.

Stocks to Watch on January 20, 2025: Wipro, Tech Mahindra, Kotak Bank, Tata Motors, and More

Indian stock markets are likely to be impacted on Monday, as indicated by GIFT Nifty futures trading 19 points higher than Nifty50 futures at ₹23,296. On Friday, the markets ended in rthe ed, with the BSE Sensex dropping 423 points (0.55%) to ₹76,619.33 and the Nifty50 falling 108 points (0.47%) to ₹23,203.20.

Here are the key stocks to keep an eye on today:

  • Wipro

Wipro reported a Q3 net profit of ₹3,354 crore, up from ₹3,209 crore in the previous quarter. Revenue stood at ₹22,319 crore, and EBIT rose to ₹3,864 crore, with improved margins at 17.31%. The company announced an interim dividend of ₹6 per share.

  • Tech Mahindra

Tech Mahindra saw a decline in Q3 net profit to ₹983 crore from ₹1,250 crore in the previous quarter. Revenue was flat at ₹13,290 crore, but EBIT improved to ₹1,357 crore, with margins rising to 10.21%. The company secured $745 million in new deal wins.

  • Kotak Mahindra Bank

Kotak Mahindra Bank posted a 10% Y-o-Y rise in Q3 net profit to ₹3,300 crore. Interest income increased to ₹13,400 crore, and GNPA remained stable at 1.50%, while NNPA improved to 0.41%.

  • ICICI Lombard General Insurance

ICICI Lombard General Insurance recorded a 68% Y-o-Y surge in Q3 net profit to ₹724 crore. Revenue rose to ₹5,045 crore, and the combined ratio improved to 102.7%.

  • Indian Hotels

Indian Hotels reported a Q3 net profit of ₹582 crore, up from ₹452 crore Y-o-Y and ₹555 crore Q-o-Q. Revenue increased to ₹2,533 crore, and EBITDA margins improved to 37.97%.

  • Tata Motors

Tata Motors unveiled the Harrier EV at the Auto Expo 2025 and announced plans to install 500 EV chargers across India.

 

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.