Best Blue Chip Stocks in India in January 2025: TCS, HDFC Bank, Reliance and More – Based on Market Cap

Blue chip stocks are shares in well-established companies with strong financial health. These stocks are known for their stability, consistent growth, regular dividends, and solid brand reputation. Blue chip stocks are less influenced by economic downturns, making them a reliable option for long-term investment portfolios. In this article, we will explore the top blue chip stocks list in India for january 2025, based on their market capitalisation.

Best Blue Chip Stocks In India In January 2025 – Based on Market Cap

Name Market Cap (In ₹ Crore) Close Price (In ₹) PE Ratio 1Y Return  (%)
Reliance Industries Ltd 17,12,521.79 1,265.50 24.6 -2.18
Tata Consultancy Services Ltd 14,86,455.08 4,108.40 32.38 11.69
HDFC Bank Ltd 12,95,851.21 1,694.30 20.23 1.85
Bharti Airtel Ltd 9,56,819.70 1,599.20 128.14 52.44
ICICI Bank Ltd 8,92,196.78 1,263.75 20.16 28.69
Infosys Ltd 8,00,716.90 1,933.15 30.52 26.95
State Bank of India 6,88,222.07 771.15 10.26 22.99
Hindustan Unilever Ltd 5,64,136.86 2,401.00 54.89 -6.87
ITC Ltd 5,62,463.94 449.55 27.49 2.08
HCL Technologies Ltd 5,22,892.60 1,932.25 33.3 33.45

Note: The top 10 blue chip stocks in India list have been selected from the Nifty 50 universe and sorted based on market capitalisation as of January 9, 2025.

Overview Of Best Blue Chip Stocks In India

1. Reliance Industries Limited

Reliance Industries Limited is a large Indian company based in Mumbai, Maharashtra. It operates in number of sectors, including energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.

For the quarter ending September 2024, the company reported a revenue of ₹1,34,054 crore and a net profit of ₹7,713 crore. In comparison, the revenue for June 2024 was ₹1,34,331 crore, with a net profit of ₹7,611 crore. 

Key metrics: 

  • Earning per share (EPS):₹27.00
  • Return on equity (ROE): 6.97%

2. Tata Consultancy Services

Tata Consultancy Services (TCS) is an Indian global technology company that provides IT services and consulting. Based in Mumbai, it is part of the Tata Group and has operations in 150 locations across 46 countries. TCS is the second-largest Indian company by market value.

In September 2024, the company reported a revenue of ₹53,990 crore and a net profit of ₹12,994 crore. In June 2024, the revenue was ₹52,844 crore, with a net profit of ₹12,115 crore. 

Key metrics: 

  • EPS: ₹130.61
  • ROE: 56.42%

3. HDFC Bank

HDFC Bank is an Indian bank and financial services company based in Mumbai. It is the largest private sector bank in India by assets and the tenth-largest bank in the world by market value.

In September 2024, the company reported a revenue of ₹74,016.91 crore and a net profit of ₹16,820.97 crore. In June 2024, the revenue was ₹73,033.14 crore, with a net profit of ₹16,174.75 crore. 

Key metrics: 

  • EPS: ₹86.14
  • ROE: 14.31%

4. Bharti Airtel

Bharti Airtel is a global telecommunications company headquartered in New Delhi. It operates in 18 countries across South Asia, Africa, and the Channel Islands. Airtel offers 5G, 4G, and LTE Advanced services across India.

In September 2024, the company reported a revenue of ₹26,984.50 crore and a net profit of ₹2,517.60 crore. In June 2024, the revenue was ₹24,917.10 crore, with a net profit of ₹2,469.20 crore.

Key metrics: 

  • EPS: ₹13.52
  • ROE: 7.95%

5. ICICI Bank

ICICI Bank is 2nd largest private sector bank in India, offering various financial services to individuals, small and medium-sized businesses, and corporate clients. The bank has many branches, ATMs, and other customer service points. The ICICI group is also involved in industries like life and general insurance, housing finance, and primary dealerships through its subsidiaries and affiliates.

For the quarter ended September 2024, ICICI Bank reported a revenue of ₹40,537.38 crore and a net profit of ₹11,745.88 crore. In comparison, for June 2024, the revenue was ₹38,995.78 crore, with a net profit of ₹11,059.11 crore. 

Key metrics: 

  • EPS: ₹62.14
  • ROE: 16.87%

What Are Blue Chip Stocks in India?

Blue chip stocks are shares of large cap companies with a history of steady financial performance. These companies, listed on the National Stock Exchange (NSE), are known for their ability to withstand market fluctuations and economic challenges.

Features of Blue Chip Stocks in India

  • Stable Returns

Blue chip stocks are financially strong and provide stable returns, though not as high as small or mid-cap stocks. They help diversify portfolios and reduce risk.

  • Regular Dividends

These stocks often pay dividends regularly, rewarding investors for their faith in the company. While the amount may vary based on performance, dividends are a way to share profits with shareholders.

  • Safety From Risk

Blue chip companies are financially strong, well-managed, and usually have low debt, making them less volatile compared to smaller companies. They’re more resilient during market downturns.

  • Ideal for Long-Term Investors

Blue chip stocks are best suited for investors looking for long-term stability and growth amidst market fluctuations.

Risks of Investing in Blue Chip Stocks

While blue chip stocks are generally safe, there are some risks to consider:

  • Slower Growth

These companies are mature, so their growth may not be as fast as smaller, high-growth companies. They are more stable but offer fewer opportunities for quick profits.

  • Overvaluation

Because blue chip stocks are seen as safe, their prices may sometimes rise too high, making them overvalued. If you overpay, it could limit future returns and increase risk if the market corrects.

Conclusion

Blue chip companies are known for their stable business models and consistent returns, often offering regular dividends. This makes them a better choice for conservative investors. While they provide stability during market fluctuations, investors who are willing to take on some risk can benefit from including blue chip stocks in their portfolios. However, these companies can still face economic challenges, such as recessions. Therefore, it’s crucial to diversify your investments by including different types of stocks.

 

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

Weekly Top Gainers and Losers on January 10, 2025: PTC Industries Shines, Kalyan Jewellers Slumps

On January 10, 2025, Indian markets declined for the second day in a row, ending the week on a negative note. 

The Sensex, comprising 30 major stocks, fell by 241.30 points (0.31%) to close at 77,378.91. Throughout the day, it traded within a range of 77,099.55 to 77,919.70. Similarly, the Nifty50 also closed in the red, dropping 95 points (0.40%) to finish at 23,431.50. It reached a high of 23,596.60 and a low of 23,426.55 during the session.

Here are the weekly top gainers and losers as of January 10, 2025:

Top Gainers of the Week

Name LTP Change(%) Change(Week%) Change(Month%)
PTC Industries Ltd. 17083.2 -309.00 (-1.8%) 28.40% 46.90%
Vijaya Diagnostic Ce.. 1241.8 20.50 (1.7%) 18.20% 9.90%
SRF Ltd. 2601.1 -72.80 (-2.7%) 16.90% 13.00%
ITI Ltd. 442.7 2.30 (0.5%) 16.20% 20.30%
Saregama India Ltd. 529.6 -22.75 (-4.1%) 10.70% 4.60%

 

  • PTC Industries

PTC Industries Share Price closed at ₹17,083.2, down by 1.8% today, but gained 28.40% over the week and 46.90% over the month.

  • Vijaya Diagnostic Centre

Vijaya Diagnostic Centre Share Price ended at ₹1,241.8, up 1.7%, with weekly and monthly gains of 18.20% and 9.90%, respectively.

  • SRF 

SRF Share Price settled at ₹2,601.1, down 2.7%, but showed gains of 16.90% for the week and 13.00% for the month.

  • ITI 

ITI Share Price finished at ₹442.7, up by 0.5% today, gaining 16.20% this week and 20.30% over the month.

  • Saregama India 

Saregama India Share Price closed at ₹529.6, down 4.1% today, but managed weekly and monthly gains of 10.70% and 4.60%, respectively.

Top Losers of the Week

Name LTP Change(%) Change(Week%) Change(Month%)
Kalyan Jewellers Ind. 626.8 -35.80 (-5.4%) -20.50% -19.20%
KEC International Ltd. 976.1 -36.35 (-3.6%) -19.50% -17.60%
Inox Wind Ltd. 155.4 -7.54 (-4.6%) -17.70% -25.60%
Techno Electric & En.. 1399.1 -86.65 (-5.8%) -17.30% -4.90%
Godrej Industries Ltd. 994.4 -34.00 (-3.3%) -16.70% -6.60%

  • Kalyan Jewellers India

Kalyan Jewellers India Share Price fell 5.4% to ₹626.8 today, with losses of 20.50% for the week and 19.20% for the month.

  • K E C International

K E C International Share Price dropped 3.6% to ₹976.1, recording weekly and monthly losses of 19.50% and 17.60%, respectively.

  • Inox Wind

Inox Wind Share Price declined 4.6% to ₹155.4 today, losing 17.70% over the week and 25.60% for the month.

  • Techno Electric & Engineering Company

Techno Electric & Engineering Company Share Price ended at ₹1,399.1, down 5.8% today, with weekly and monthly losses of 17.30% and 4.90%, respectively.

  • Godrej Industries

Godrej Industries Share Price fell 3.3% to ₹994.4, with declines of 16.70% for the week and 6.60% over the month.

 

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

Top Gainers and Losers on Jan 10, 2025: TCS, Tech Mahindra Lead Gainers; Shriram Finance, IndusInd Bank Top Losers

On January 10, 2025, Indian markets fell for the second straight session, ending the week on a negative note. The Sensex dropped 241.30 points (0.31%) to close at 77,378.91, trading within a range of 77,099.55 to 77,919.70 during the day.

The Nifty50 also closed lower, down 95 points (0.40%) at 23,431.50. It reached a high of 23,596.60 and a low of 23,426.55 during the session.

Here are the top gainers and losers for January 10, 2025:

Top Gainers of the Day

Symbol Open High Low LTP %chng
TCS 4,200.00 4,297.00 4,170.00 4,265.00 5.6
TECHM 1,653.10 1,714.00 1,636.30 1,701.80 3.59
HCLTECH 1,936.00 2,002.35 1,935.25 1,997.10 3.22
INFY 1,937.00 1,977.80 1,932.25 1,965.80 2.53
WIPRO 294.30 303.25 294.30 299.65 2.51

  • TCS

Tata Consultancy Services Share Price rose by 5.6% to ₹4,265.00 after opening at ₹4,200.00 and hitting a high of ₹4,297.00.

  • Tech Mahindra (TECHM)

Tech Mahindra Share Price gained 3.59%, ending at ₹1,701.80 with a high of ₹1,714.00.

  • HCL Technologies (HCLTECH)

HCL Technologies Share Price advanced 3.22% to ₹1,997.10 after reaching a high of ₹2,002.35.

  • Infosys (INFY)

Infosys Share Price increased by 2.53%, closing at ₹1,965.80.

  • Wipro

Wipro Share Price added 2.51%, ending at ₹299.65.

Top Losers of the Day

Symbol Open High Low LTP %chng
SHRIRAMFIN 566.00 566.00 529.00 532.15 -5.3
INDUSINDBK 971.75 975.00 933.05 938.8 -4.29
ADANIENT 2,480.00 2,484.60 2,368.25 2,380.10 -3.95
NTPC 320.35 321.00 307.60 308.2 -3.79
BEL 280.00 281.00 270.00 270.8 -3.72

  • Shriram Finance 

Shriram Finance Share Price dropped 5.3% to ₹532.15, dipping from an open of ₹566.00.

  • IndusInd Bank (INDUSINDBK)

IndusInd Bank Share Price fell by 4.29%, closing at ₹938.80.

  • Adani Enterprises (ADANIENT)

Adani Enterprises Share Price declined 3.95% to ₹2,380.10, with a low of ₹2,368.25.

  • NTPC 

NTPC Share Price lost 3.79%, ending at ₹308.20.

  • Bharat Electronics

Bharat Electronics Share Price decreased by 3.72%, closing at ₹270.80.

 

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

 

Mid-Day Top Gainers and Losers on January 10, 2025: IT Stocks Shine, Financials Drag Markets

On January 10, 2025, Indian stock markets, including the BSE Sensex and Nifty50, showed modest gains or remained nearly flat during a volatile Friday session.

By 12 PM, the BSE Sensex was up 97.73 points (0.13%) at 77,717.94, while the Nifty50 was slightly higher by 2.15 points (0.01%) at 23,528.65. Among sectors, only the IT index gained 2%, while most other sectoral indices fell by around 1%.

As of January 10, 2025, 12:15:20 IST, the mid-day top gainers and losers are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
TCS 4,200.00 4,292.65 4,170.00 4,280.00 5.97
TECHM 1,653.10 1,711.00 1,636.30 1,706.80 3.9
WIPRO 294.30 303.00 294.30 301.95 3.3
INFY 1,937.00 1,970.00 1,932.25 1,969.55 2.73
HCLTECH 1,936.00 1,983.00 1,935.25 1,981.00 2.39

  • TCS

Tata Consultancy Services Share Price surged 5.97%, opening at ₹4,200.00, hitting a high of ₹4,292.65, and closing at ₹4,280.00.

  • Tech Mahindra (TECHM)

Tech Mahindra Share Price rose 3.90%, starting at ₹1,653.10, peaking at ₹1,711.00, and ending at ₹1,706.80.

  • Wipro

Wipro Share Price gained 3.30%, opening and closing at ₹294.30 and ₹301.95, respectively.

  • Infosys (INFY)

Infosys Share Price advanced by 2.73%, beginning at ₹1,937.00 and closing at ₹1,969.55.

  • HCL Technologies (HCLTECH)

HCL Technologies Share Price added 2.39%, starting at ₹1,936.00 and ending the day at ₹1,981.00.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
SHRIRAMFIN 566.00 566.00 529.00 539.95 -3.91
INDUSINDBK 971.75 975.00 940.40 945.15 -3.64
ADANIENT 2,480.00 2,484.60 2,394.45 2,410.45 -2.72
SUNPHARMA 1,825.45 1,834.60 1,778.50 1,781.30 -2.47
HINDALCO 586.00 589.25 571.70 574.95 -2.43

  • Shriram Finance (SHRIRAMFIN)

Shriram Finance Share Price lost 3.91%, opening at ₹566.00, dipping to ₹529.00, and closing at ₹539.95.

  • IndusInd Bank (INDUSINDBK)

IndusInd Bank Share Price declined by 3.64%, starting at ₹971.75 and ending at ₹945.15.

  • Adani Enterprises (ADANIENT)

Adani Enterprises Share Pric fell 2.72%, opening at ₹2,480.00 and closing at ₹2,410.45.

  • Sun Pharma (SUNPHARMA)

Sun Pharmaceuticals Industries Share Price dropped 2.47%, starting at ₹1,825.45 and closing at ₹1,781.30.

  • Hindalco

Hindalco Industries Share Price slipped 2.43%, opening at ₹586.00 and closing at ₹574.95.

 

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

Budget 2025: ICAI Proposes Joint Taxation for Married Couples

The Institute of  ICAI (Chartered Accountants of India) has suggested to the Indian government that married couples should be allowed to file their income tax returns (ITRs) jointly under the New Tax Regime in the upcoming Budget 2025. This proposal aims to provide relief to families with a single earning member and reduce tax evasion.

Key Points of the Proposal

ICAI has recommended introducing an option for married couples to file their taxes jointly, allowing them the flexibility to choose between paying taxes individually or opting for joint taxation. Below are the significant aspects of the proposal:

Joint Tax Slabs

  • Up to ₹6 lakh: No tax
  • ₹6-14 lakh: 5% tax
  • ₹14-20 lakh: 10% tax
  • ₹20-24 lakh: 15% tax
  • ₹24-30 lakh: 20% tax
  • Above ₹30 lakh: 30% tax

Under this scheme, the basic exemption limit for joint filing is set at ₹6 lakh, which is double the current exemption limit for individual taxpayers.

Surcharge

The ICAI has recommended increasing the surcharge threshold from ₹50 lakh to ₹1 crore. The new surcharge rates would be as follows:

  • ₹1 crore to ₹2 crore: 10% surcharge
  • ₹2 crore to ₹4 crore: 15% surcharge
  • Above ₹4 crore: 25% surcharge

Standard Deduction

The proposal also suggests that both partners, if they are salaried employees, would be eligible for the standard deduction under Section 16(ia) separately. This will ensure that both individuals can benefit from tax breaks meant for salaried employees.

How This Proposal Can Work

The idea of joint taxation for married couples is not entirely new and is already in practice in many developed countries. For example, in the United States, married couples have the choice to file taxes jointly, which comes with various advantages, such as higher exemption limits and broader tax brackets. By choosing to file jointly, families can significantly reduce their tax burden by benefiting from increased deductions and more favourable tax rates compared to filing separately.

Similarly, countries like the United Kingdom allow married couples to file their taxes jointly, recognising the shared financial responsibilities within households. In this case, the proposal from ICAI would not only help alleviate the financial burden on families, particularly those where one spouse is the main earning member but would also make the taxation process more efficient.

Currently, individuals in India have the option to choose between the default new tax regime or the old tax regime. The new tax regime offers a basic exemption limit of ₹3 lakh, while the old tax regime provides ₹2.5 lakh. The ICAI has pointed out that these exemption limits are too low, especially given the rising cost of living. Many families, particularly those with a single earning member, find these limits insufficient, which can lead to tax avoidance practices like income splitting among family members.

Impact of Joint Taxation

The introduction of a joint taxation system could provide considerable advantages, especially for households where only one spouse is earning. The higher exemption threshold would help better reflect the financial situation of such families and provide them with much-needed relief. By reducing the tax burden, it could also support enhanced tax compliance and fairness among married couples.

For salaried individuals, the proposal of granting the standard deduction separately to both partners would ease their financial pressures. Additionally, the introduction of joint taxation could also encourage the adoption of better tax planning strategies that align with modern family structures.

Dr Suresh Surana, a well-known tax expert, pointed out that this proposal could help align India’s tax system with global trends, where joint taxation is often a way of supporting families through more flexible tax structures. He emphasised that this would help reduce the financial strain on single-income households while also increasing compliance and transparency in tax filings.

However, such a proposal would require significant changes to the current income tax framework in India. It would involve updates on how deductions, exemptions, and surcharges are applied for married couples. Additionally, changes may also be required to handle the Alternate Minimum Tax (AMT) under Section 115JC for those opting out of the new tax regime.

As we approach Budget 2025, it remains to be seen whether this proposal will be accepted and incorporated into the tax reforms. If implemented, it would mark a major shift in the country’s approach to family-based taxation, making the system more inclusive and reflective of the economic pressures faced by modern families.

Learn more about Deloitte India Union Budget 2025-26 Report 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.

NSE and BSE Dip: Why is the Indian Stock Market Falling? Key Factors Driving the Decline

On Friday, January 10, the Indian stock market saw continued declines, with both the BSE and NSE falling for the third consecutive session. The losses for both indices were more than half a percent during intraday trade. The Sensex dropped over 500 points, reaching a low of 77,099.55, while the Nifty 50 fell by more than 180 points to 23,344.35.

The selling pressure was particularly severe in mid and small-cap stocks, with the BSE Midcap and Smallcap indices losing up to 3%. This persistent slump in the Indian stock market can be attributed to several interlinked factors, leading to a negative outlook for Indian equities.

Why Market is Falling?

Here are key reasons contributing to the current downturn in the Indian stock market. Let’s explore these factors:

Focus on Q3 Earnings

As the earnings season for the December quarter (Q3) begins, traders and investors are adopting a cautious approach. Tata Consultancy Services (TCS), a leading player in India’s IT sector, reported Q3 numbers that were largely in line with market expectations. TCS’ results indicate that the IT sector continues to remain resilient. However, investors are also keeping an eye on the performance of other sectors. 

For instance, although banking majors are expected to report good results, the sell-off by foreign institutional investors (FIIs) is likely to prevent the banking sector from seeing positive movement in response to those results. In short, stock-specific action is expected as the earnings season progresses, making market behaviour unpredictable.

Rising US Bond Yields and Dollar

The US 10-year bond yields and the US dollar have both been rising, driven by strong economic data coming out of the US. The increase in US treasury yields has reached near eight-month highs as of Friday, January 10. This rise in yields is largely due to expectations that the US Federal Reserve will not cut interest rates significantly this year. 

As a result, foreign capital is flowing out of emerging markets like India, as higher bond yields and a stronger dollar make investments in those countries less attractive. For India, which is heavily dependent on foreign capital, these rising yields and the stronger dollar are putting downward pressure on the stock market.

Heavy Selling by Foreign Portfolio Investors (FPIs)

Foreign Portfolio Investors (FPIs) have been selling Indian equities at a significant pace. As of January 9, FPIs had sold more than ₹19,000 crore worth of Indian stocks. This trend of heavy selling is expected to continue due to uncertainties surrounding the economic policies of US President-elect Donald Trump and the US Federal Reserve’s approach to interest rates. 

The possibility of Trump’s trade policies affecting global trade, especially if protectionist measures are implemented, is creating unease among foreign investors. Additionally, the uncertainty over the Fed’s interest rate path is making FPIs wary about investing in emerging markets, including India. This heavy selling by FPIs has been one of the major contributors to the ongoing market decline.

Economic Growth Concerns

Another factor driving the fall in the stock market is the concern over India’s economic growth. According to the Ministry of Statistics & Programme Implementation, India’s GDP is expected to grow by only 6.4% in the financial year 2024-25, which is the lowest growth rate in four years. This slowdown is a sharp drop from the 8.2% growth rate achieved in the previous fiscal year. 

The slowing growth has raised concerns among investors, as there is a possibility of further downgrades to India’s economic outlook. This uncertainty about growth is also contributing to the weakening of the Indian rupee and foreign capital outflows. The negative sentiment is further compounded by the fact that global financial services firm 

Uncertainty Around US Federal Reserve Policies and Trump’s Tariff Measures

The recent strong US economic data and rising expectations of inflation in the US are contributing to fears that the US Federal Reserve may not implement as many rate cuts as previously expected. Additionally, there is growing concern about the policies of US President-elect Donald Trump. As he prepares to take office on January 20, speculation about his tariff policies and protectionist measures is creating uncertainty. Experts believe that these policies could drive up inflation, which would complicate the US Federal Reserve’s efforts to control price increases. If inflation rises due to these tariff measures, it would make it more difficult for the Fed to keep interest rates low, further complicating global market conditions and affecting Indian equities.

In conclusion, the Indian stock market is facing a combination of internal and external pressures, including weak global cues, the rising US dollar and bond yields, FPI selling, concerns over India’s economic growth, and uncertainty surrounding US policies under President-elect Trump. These factors have collectively created a negative sentiment, leading to declines in the stock 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.

Mazagon Dock Delivers INS Vaghsheer, India’s 6th Scorpene-Class Submarine, to Indian Navy

Mazagon Dock Shipbuilders Limited (MDL) successfully delivered the sixth Scorpene-class submarine, Vaghsheer, to the Indian Navy on January 9, 2025. This delivery aligns with the Indian government’s ‘Aatmanirbhar Bharat’ and ‘Make in India’ initiatives. The submarine will soon be commissioned into the Navy as INS Vaghsheer.

Successful Launch and Testing

Launched on April 20, 2022, Vaghsheer has undergone over a year of rigorous testing to ensure it meets all requirements. The submarine is fully combat-ready and capable of operating in all modes and environments.

Strengthening India’s Submarine Building Capacity

MDL’s Chairman and Managing Director, Shri Sanjeev Singhal, highlighted that with Vaghsheer’s delivery, India strengthened its position as a submarine-building nation. MDL continues to meet the Indian Navy’s demands for advanced warships and submarines. With the delivery of Vaghsheer, India joins the select group of countries capable of building submarines.

Advanced Technology and Stealth Features

Vaghsheer features cutting-edge technology, including advanced stealth capabilities like noise reduction, optimised hydrodynamic shape, and the ability to launch precise attacks using torpedoes and anti-ship missiles. These features enhance the submarine’s invisibility and make it a formidable force.

Multi-Mission Capability

The submarine is designed for a wide range of missions, including anti-surface warfare, anti-submarine warfare, intelligence gathering, and surveillance. It is capable of operating in all naval environments and is interoperable with other parts of a naval task force.

High-Level Automation and Combat Management

Vaghsheer boasts an Integrated Platform Management System (IPMS) and a Combat Management System (CMS), offering seamless integration of equipment, systems, and sensors. It also incorporates features such as acoustic silencing, low noise levels, and the ability to launch precision-guided weapons, including torpedoes and anti-ship missiles.

Indigenous Features and Modernisation

Unlike its predecessors, Vaghsheer comes with indigenously developed features such as the air conditioning plant and the internal communication & broadcast system. It also includes advanced satellite communication and improved main batteries. MDL has modernised its facilities to build more advanced submarines and warships, with plans to expand production capacity significantly.

Future of MDL

MDL continues to enhance its infrastructure and is now capable of building 10 capital warships and 11 submarines at the same time. Further expansion plans will future-proof MDL’s capabilities to meet the nation’s growing maritime defence needs.

Mazagon Dock Shipbuilders (NSE: MAZDOCK) share price is trading at ₹2,230.50, down by ₹2.05 (0.092%) today. The stock opened at ₹2,225.00, with a high of ₹2,235.00 and a low of ₹2,167.30. The market capitalisation stands at ₹89.97K crore, with a P/E ratio of 34.99 and a dividend yield of 0.79%. The 52-week high is ₹2,930.00, and the 52-week low is ₹897.70.

 

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.

Swiggy Instamart Expands to 75+ Cities and Launches Standalone App

Swiggy’s quick-commerce platform, Instamart, has expanded to over 75 cities across India and will soon be available as a standalone app. This move aims to offer customers even easier access to the service, providing quicker deliveries and better convenience.

Growth of Swiggy Instamart

Swiggy Instamart has been growing rapidly, with the service now available in more than 75 cities. According to Swiggy’s CEO, Sriharsha Majety, Instamart is on track to surpass food delivery in both market penetration and scale. He also mentioned that the app’s positive reception in new cities and categories could lead to over 100 million users. While Instamart will remain part of the Swiggy app, the standalone app will allow the service to reach more customers and provide a better experience.

Wide Product Range and Fast Delivery

Instamart offers nearly 50,000 products with a focus on 10-minute deliveries. Swiggy Instamart’s CEO, Amitesh Jha, emphasised that the new standalone app will help the service expand further, making it easier for users to adopt the service. Additionally, users accessing Instamart through either the Swiggy app or the new standalone app will still enjoy the same benefits, such as Swiggy One, One Lite, and One BLCK perks.

Swiggy’s Standalone App Strategy

Swiggy has already proven its ability to build successful standalone apps, including for its restaurant reservation service Dineout and for other services like Swiggy Daily and InsanelyGood. Instamart’s new app is expected to attract more customers while also supporting Swiggy’s goal of adapting to consumer needs.

Snacc and Bolt Expansions

In addition to Instamart, Swiggy has launched the Snacc app, which promises to deliver snacks, drinks, and meals in just 15 minutes. Swiggy’s 10-minute food delivery service, Bolt, is also being expanded to more cities and towns.

Competition in the Quick-Commerce Market

Instamart faces tough competition from Blinkit, which currently leads the market. In Q2 FY25, Instamart’s gross order value (GOV) grew by 42.1% quarter-on-quarter and 75.5% year-on-year, reaching ₹3,382 crore. Blinkit, on the other hand, reported a GOV of ₹6,132 crore for the same period, showing significant growth.

Financial Performance

Instamart’s adjusted EBITDA margin improved to -10.6% in Q2 FY25, compared to -18.1% in the same period last year. However, it is still operating at a loss, with a contribution margin of -1.9% of GOV. Despite this, Swiggy remains focused on growth and expanding its quick-commerce business.

About Swiggy Ltd

Swiggy Ltd, established in 2014, is a modern technology company focused on putting consumers first, providing a user-friendly platform that can be accessed through a single app.

Swiggy share price is currently priced at ₹491.80, down by ₹15.70 (3.09%) as of 10:10 am IST on January 10. The stock opened at ₹504.00, reached a high of ₹505.90, and a low of ₹488.55. Its market capitalisation stands at ₹1.10 Lakh Crore. The 52-week high is ₹617.30, and the 52-week low is ₹391.00.

 

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.

TCS Q3 Results: Net Profit Rises 12%, Revenue Grows 5.6%

Tata Consultancy Services (TCS) reported a net profit of ₹12,380 crore for the third quarter (October-December 2024) of FY25, reflecting an 11.9% increase compared to ₹11,058 crore in the same quarter of FY24. Adjusting for a one-time legal settlement of ₹958 crore in Q3 FY24, the year-on-year (Y-o-Y) net profit growth was 5.5%.

Revenue for the quarter stood at ₹63,973 crore, marking a 5.6% increase Y-o-Y but a 0.4% sequential decline. In dollar terms, revenue was down 1.7% sequentially but grew 3.6% Y-o-Y. However, the company missed Bloomberg estimates, which had pegged revenue at ₹64,748 crore and net profit at ₹12,534 crore.

Strong Order Book Amid Challenges

Despite the subdued revenue performance, the total contract value (TCV) was a highlight, reaching $10.2 billion in Q3. This was a notable increase from $8.3 billion in Q1 and $8.6 billion in Q2. The order inflows were driven by growth in North America, along with the BFSI (banking, financial services, and insurance) and CPG (consumer packaged goods) segments.

K Krithivasan, CEO and Managing Director, stated that while constant currency growth remained negative across key geographies, he was optimistic about achieving better growth in the calendar year 2025 compared to 2024.

Regional and Market-Specific Insights

The Indian market continued to perform exceptionally well, growing 70.2% Y-o-Y in Q3, primarily supported by a large deal with Bharat Sanchar Nigam Ltd (BSNL). Other regions showed moderate growth, with the Middle East & Africa growing 15%, Asia Pacific at 5.8%, and Latin America at 7%. However, North America contracted by 2.3% Y-o-Y.

In Europe, the United Kingdom grew by 4.1%, but Continental Europe experienced a decline of 1.5%. Growth in the company’s largest vertical, BFSI, was modest at 0.9%, improving slightly from 0.1% in Q2. Other sectors, such as energy, resources, and utilities, grew 3.4%, while the consumer business segment grew 1.1%.

Generative AI and Technology Investments

TCS continued to invest in cutting-edge technologies like Generative AI (GenAI), which has become an integral part of client deals. Krithivasan highlighted that many clients are ramping up their spending on GenAI, which is expected to drive business transformation, productivity, and process improvements in the coming year.

Operating Margins and Cost Management

Operating margins for the quarter stood at 24.5%, down 50 basis points compared to the previous quarter. Samir Seksaria, Chief Financial Officer, attributed the performance to strong execution, cost management, and currency risk management amid significant cross-currency volatility. He emphasised that disciplined investments in talent and infrastructure would support long-term growth.

Dividends Declared

TCS announced a third interim dividend of ₹10 per share and a special dividend of ₹66 per equity share with a face value of ₹1.

Looking Ahead

Krithivasan expressed optimism about the future, citing strong order inflows and improving client sentiment in key markets like North America. However, he noted that the company remains cautious about sectors like healthcare and manufacturing, adopting a wait-and-watch approach.

TCS Q3 results performance underscores both its resilience in navigating a challenging macroeconomic environment and the opportunities ahead as it positions itself for stronger growth in 2025.

TCS share price opened at ₹4,200.00 and reached a high of ₹4,225.00 today, with a gain of ₹161.15 (3.99%) as of 9:55 am IST on January 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.

Government to Provide ₹35,000 Crore LPG Subsidy to IOC, BPCL, and HPCL

The Indian government is set to offer a ₹35,000 crore subsidy to state-owned oil companies Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOC), and Hindustan Petroleum Corporation Ltd (HPCL). This will help cover the losses these companies have faced due to the selling price of LPG remaining unchanged while input costs have increased.

Losses on LPG Sales

The 3 fuel retailers have kept the price of domestic LPG at ₹803 per 14.2-kg cylinder since March 2024 despite rising raw material costs. This has led to under-recoveries, meaning they have lost money on each cylinder sold. The total under-recovery for the industry in the current fiscal year is estimated at ₹40,500 crore.

Subsidy Distribution

The ₹35,000 crore subsidy will be distributed over 2 financial years. IOC, BPCL, and HPCL are expected to receive ₹10,000 crore in the current fiscal year (2024-25) and the remaining ₹25,000 crore in the next fiscal year. The subsidy is expected to be included in the Union Budget for 2025-26, which will be presented by Finance Minister Nirmala Sitharaman on February 1, 2025.

Estimated Under-Recovery by Company

Out of the ₹40,500 crore under-recovery, IOC is expected to account for ₹19,550 crore, HPCL ₹10,570 crore, and BPCL ₹10,400 crore.

Price Regulation and Its Impact

Domestic LPG prices are regulated by the government to protect households from rising international prices. However, since India imports LPG, the local price is lower than the international price (Saudi CP). This price difference results in under-recoveries for IOC, BPCL, and HPCL.

Past Compensation and Future Plans

In the past, the government provided ₹22,000 crore in compensation for losses in the 2021-22 and 2022-23 fiscal years. With prices of LPG remaining high in 2024, especially during the winter months, the government is again stepping in to cover the losses.

The ₹35,000 crore subsidy will likely be provided alongside taxes to ensure the oil companies receive the full amount without any deductions for additional tax liabilities.

 

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.