Weekly Market Recap: Markets End Lower; LIC’s New Pension Plan and Q3 FY25 Earnings in Focus

On February 21, 2025, the Indian stock markets ended the last trading session of the week in negative territory. The BSE Sensex declined by 424.90 points, or 0.56%, to settle at 75,311.06. Throughout the session, the 30-share index fluctuated between an intraday high of 75,748.72 and a low of 75,112.41.

Similarly, the NSE Nifty50 also closed lower, losing 127.25 points, or 0.51%, to end at 22,795.90. The index reached a high of 22,921 and touched a low of 22,720 during the day’s trading.

Between January 21 and February 21, 2025, the Nifty 50 index showed fluctuations, closing at 22,810.25 on February 21, down 0.45%. Throughout the week, the index saw minor declines, except on February 17, when it posted a 0.13% gain. The highest trading volume was recorded on February 20 at 240.84 million.

Roundup of Major News This Week

  • LIC (The Life Insurance Corporation of India) has introduced its latest offering, the Smart Pension Plan, a comprehensive and flexible pension scheme designed to provide financial security for retirees and their families. 
  • The RBI staff report highlights that the Union Budget 2025-26 effectively balances fiscal consolidation with economic growth. It sets a fiscal deficit target of 4.4% of GDP, down from the revised 4.8% for FY25, aligning with the government’s aim to keep the deficit below 4.5% by FY26.

Major Q3FY25 Earnings This Week

  • Gujarat Toolroom Limited reported a decline in performance for Q3 FY25 compared to Q2 FY25. Revenue fell from ₹27,050.76 lakh to ₹23,073.77 lakh, a drop of ₹3,976.99 lakh. Net profit saw a sharp decline from ₹2,678.76 lakh to ₹142.88 lakh, indicating a significant decrease in profitability.
  • Deepak Nitrite Limited reported a decline in earnings for Q3 FY25. Total income stood at ₹1,924 crore, down 5% YoY and 6% QoQ. EBITDA dropped 40% YoY and 41% QoQ to ₹190 crore. Profit before tax (PBT) fell 51% YoY and 49% QoQ to ₹135 crore.
  • Godfrey Phillips’s net profit surged 48.7% YoY to ₹316 crore, while revenue from operations grew 27.3% YoY to ₹1,591 crore, driven by strong performance in its core cigarette and tobacco business.

Conclusion

Markets ended lower this week amid economic updates and earnings reports. While LIC launched a new pension plan, Gujarat Toolroom and Deepak Nitrite saw declines, whereas Godfrey Phillips posted strong growth. Investors should stay informed and make well-researched decisions.

 

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.

Bharti Group Sells Airtel Stake to Repay BT Investment Loan

Bharti Enterprises has sold a part of its stake in Bharti Airtel to repay loans taken for its investment in British Telecom (BT). According to reports, the funds from this stake sale will be used to refinance the debt incurred to acquire a 24.5% stake in BT Group through its international investment arm, Bharti Global.

Details of the Stake Sale

On February 18, Bharti Airtel’s promoter group entity, Indian Continent Investment Ltd, sold 5.11 crore shares, equivalent to a 0.84% stake in the company. This deal was valued at approximately ₹8,485.11 crore.

While Bharti Telecom Ltd, another promoter entity, acquired 1.2 crore shares in the transaction, the remaining shares were sold to investors through a block deal.

Bharti’s Investment in BT

In August 2024, Bharti Global announced plans to acquire 24.5% of UK-based BT Group’s issued share capital from Altice UK for $4 billion. BT Group is the UK’s largest broadband and mobile company, with a market capitalisation of £13.8 billion.

About Bharti Airtel Limited

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

As of February 21, 2025, at 2:19 PM IST, Bharti Airtel share price is trading at ₹1,638.70, down ₹4.80 (0.29%) for the day. The stock opened at ₹1,643.50, reached a high of ₹1,658.70, and hit a low of ₹1,636.60. The company’s market capitalisation stands at ₹9.81 lakh crore, with a P/E ratio of 39.83 and a dividend yield of 0.49%. Over the past year, the stock has touched a 52-week high of ₹1,779.00 and a low of ₹1,097.65.

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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.

Divi’s Labs Share Price Drop 4% as SBI Mutual Fund Reduces Stake

Divi’s Laboratories share price fell nearly 4% on Friday, February 21, after SBI Mutual Fund reduced its stake in the company.

The stock opened slightly lower at ₹5,960, compared to the previous close of ₹5,978.30. It later declined further, hitting an intraday low of ₹5,756.85, marking a 3.70% drop.

Despite this decline, Divi’s Labs has surged 55.6% in the past year, taking its market capitalisation to ₹1.53 lakh crore. The stock’s 52-week high is ₹6,285.45 (reached on December 3, 2024), while the 52-week low is ₹3,350 (recorded on March 27, 2024).

SBI Mutual Fund Trims Stake

SBI Mutual Fund sold 1,40,560 shares of Divi’s Labs on February 19, reducing its holding from 5.1005% to 5.0476% of the company’s paid-up share capital. The sale was disclosed in an exchange filing on February 20.

Over the past year, SBI Mutual Fund’s stake in Divi’s Labs has decreased by 200 basis points, falling from 7.0869% to 5.0476%.

Other Key Investors

Apart from SBI Mutual Fund, several major investors hold shares in Divi’s Labs:

  • Life Insurance Corporation of India (LIC): 6% (as of Q3 FY24)
  • Government of Singapore: 2.4%

About Divi’s Laboratories Limited

Divi’s Laboratories Limited is a global pharmaceutical company based in Hyderabad, India. It specialises in producing active pharmaceutical ingredients (APIs) and intermediates, as well as custom synthesis of generic APIs.

Conclusion

While Divi’s Labs saw a drop in share price due to SBI Mutual Fund’s stake reduction, it remains one of the top-performing pharma stocks, gaining over 55% in the past year.

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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.

MTAR Technologies Share Price Falls 4% After Promoter Buys Stake in Open Market

MTAR Technologies share price dropped 3.7% on Friday, reaching an intraday low of ₹1,416.15 on the BSE. The decline followed a stake purchase by promoter K Shalini, who acquired 1,05,000 equity shares through an open market transaction.

At 11:10 AM, the stock was trading at ₹1,426.6, down 3.05%. In comparison, the BSE Sensex was down 0.72% at 75,191.73. The company’s market capitalisation stood at ₹4,388.16 crore. The stock’s 52-week high is ₹2,200, while the 52-week low is ₹1,207.05.

Promoter Stake & Bulk Deal Activity

According to a regulatory filing, K Shalini stated: “I, K Shalini, promoter of MTAR Technologies Limited, have acquired 1,05,000 equity shares of MTAR from the open market.”

As of December 2024, K Shalini held a 0.99% stake in the company.

Additionally, bulk deal data from the National Stock Exchange (NSE) showed that Graviton Research Capital LLP sold 1,98,816 shares at ₹1,442.13 per share. However, on the same day, the firm also bought the same number of shares at ₹1,441.41 per share.

About MTAR Technologies

MTAR Technologies is a leading precision engineering company that manufactures high-accuracy components and assemblies for key national projects. The company specialises in precision machining, assembly, testing, quality control, and specialised fabrication, with some technologies developed in-house.

Established in 1970, MTAR has played a vital role in India’s civilian nuclear power program, space missions, defence sector, global defence projects, and clean energy industries.

The company operates one of India and Asia’s most advanced machining, assembly, and fabrication facilities, offering a complete range of services under one roof.

In the last year, MTAR Technologies share price has declined by 22%, while the Sensex has gained 4%.

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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.

JSW Energy Share Price in Focus as It Jumps 15% in 4 Days

JSW Energy share price have been on a strong rally, gaining 15.13% over the last 4 trading sessions. On Tuesday, the stock surged 6.11% in intraday trade on the BSE, hitting a high of ₹497 per share.

Meanwhile, the BSE Sensex was down 433 points (0.57%) at 10:25 AM and has dropped 1% over the last four sessions.

Acquisition of KSK Mahanadi Power

JSW Energy recently received NCLT approval to acquire KSK Mahanadi Power Company (KMPCL), a thermal plant in Chhattisgarh. The acquisition is expected to be completed by Q1FY26, pending approval from the Competition Commission of India (CCI).

KMPCL is a 3.6 GW coal-based plant with 1.8 GW operational capacity and an additional 1.8 GW expansion potential. JSW Energy won the bid for the plant at ₹15,990 crore under the insolvency process.

Growth Drivers & Market Position

JSW Energy is expanding its market share in competitive bids and integrating its business models, making it a key player in India’s energy sector. 

Recent Financial Performance

In Q3FY24, JSW Energy’s profit and revenue declined. Net profit fell 32% YoY to ₹157.5 crore, revenue dropped 5.6% YoY to ₹2,400 crore, and EBITDA decreased 21.2% YoY to ₹874.8 crore. The EBITDA margin shrank from 43.7% to 36.5%.

About JSW Steel Limited

JSW Steel Limited, a Mumbai-based multinational steel producer and the flagship company of the JSW Group, became India’s second-largest private steel firm following its merger with Bhushan Power & Steel, Ispat Steel, and Jindal Vijayanagar Steel Limited.

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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.

 

Kakeibo: A Simple Japanese Method for Better Money Management

In today’s world of digital payments and impulsive shopping, managing money wisely is more important than ever. One effective way to do this is through Kakeibo (pronounced kah-keh-bo), a Japanese budgeting technique that has been around for over 100 years.

What is Kakeibo?

Kakeibo, which means “household finance ledger,” was introduced in 1904 by Hani Motoko, Japan’s first female journalist. It is a simple, pen-and-paper method of tracking income and expenses. Unlike budgeting apps, Kakeibo encourages a hands-on approach, making people more mindful of their financial habits.

Every month, Kakeibo asks 4 important questions:

  1. How much money do I have? (Income)
  2. How much do I want to save? (Savings goal)
  3. How much am I spending? (Expense tracking)
  4. How can I improve? (Reflection & adjustments)

By answering these questions, people can make better financial decisions and avoid unnecessary spending.

How Kakeibo Helps You Save Money

1. Encourages Mindful Spending

Unlike automatic expense trackers, Kakeibo requires you to write down every expense manually. This process creates an emotional connection with your spending, making you more aware of where your money is going.

2. Categorises Expenses

Kakeibo divides spending into four simple categories:

  • Survival: Essentials like rent, groceries, and bills.
  • Optional: Non-essentials like dining out, shopping, and entertainment.
  • Culture: Spending on books, music, and art.
  • Unexpected: Emergency costs like medical expenses and repairs.

This classification helps you identify where you can cut back and save more.

3. Reduces Impulsive Purchases

Before making a purchase, Kakeibo encourages you to think about whether it aligns with your financial goals. Over time, this habit helps control impulsive shopping and improves overall money management.

4. Puts Savings First

Instead of saving whatever is left after spending, Kakeibo prioritises savings first. By setting aside a fixed amount before spending, you ensure financial security and develop better saving habits.

Why Kakeibo Works

Kakeibo is simple, flexible, and sustainable. You don’t need apps or complicated spreadsheets—just a notebook and the discipline to track your money. By adopting Kakeibo, you can improve financial discipline, cut down unnecessary expenses, and achieve long-term financial stability.

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.

ITI Share Price Hit 5% Upper Circuit on ₹200 Crore Land Deal

ITI Limited share price hit the 5% upper circuit at ₹284 on February 21, 2025. The surge came after the company announced a revised order from the AMRCD regarding land transfer.

Land Sale to C-DoT

ITI is set to transfer 22.258 acres of land in Electronic City, Bangalore, to C-DoT for ₹200 crore. The company has already received ₹100 crore as the first payment on February 19, 2025. The remaining amount will be received after completing statutory formalities.

Company Announcement

In an exchange filing, ITI stated, “The company has received a revised order from AMRCD, directing ITI to transfer its land to C-DoT for ₹200 crore through a sale deed.”

ITI Q3 FY25 Results

State-run telecom equipment maker ITI Limited reported a reduced net loss of ₹48.9 crore for the quarter ending December 31, 2024 (Q3FY25), improving from a ₹101.3 crore loss in Q3FY24.

The company’s revenue from operations surged 299.73% year-over-year (YoY) to ₹1,034.5 crore, up from ₹258.8 crore in the same quarter last year. This sharp rise was driven by strong operational performance despite higher raw material costs. At the operating level, ITI lowered its EBITDA loss to ₹10.6 crore in Q3FY25, compared to a ₹43.5 crore loss in the previous year.

About ITI Limited

ITI Limited, formerly known as Indian Telephone Industries Limited, is a government-owned enterprise in India. It operates under the Department of Telecommunications, Ministry of Communications.

At 10:09 AM, ITI share price was trading 3.05% higher at ₹308.90, while the BSE Sensex was up 0.31% at 82,387.36.

 

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.

Religare Enterprises Share Price Surge 9% After Burman Family Takes Control

Religare Enterprises share price surged 8.52% to an intraday high of ₹242 on February 21, 2025, after the Burman family officially took control of the company. The stock was buzzing in trade as investors reacted positively to the news, marking the end of an 18-month takeover battle.

Burman Family’s Takeover

The Burman family, now the promoters of Religare Enterprises, acquired a 25.2% stake in the company. In a statement, they expressed gratitude to regulators, shareholders, and stakeholders for their support.

The takeover battle began in September 2023 when the Burmans, already holding a 25% stake, made an open offer to buy 26% more at ₹235 per share. However, Religare’s senior management, led by Chairperson Rashmi Saluja, opposed the offer, arguing that the valuation was too low.

Legal Battle and Final Decision

The dispute escalated to various courts, including the Securities Appellate Tribunal (SAT). After receiving approvals from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) in December 2024, the Burmans launched their acquisition bid on January 27, 2025.

A counter-offer was made by Gaekwad, but he failed to deposit the necessary funds to back his bid. Eventually, a Supreme Court ruling on February 7 cleared the way for the Burmans to take full control of Religare Enterprises.

About Religare Enterprises

Religare Enterprises Limited (REL) is a diversified financial services group operating in three main sectors:

  • SME Loans
  • Affordable Housing Finance
  • Health Insurance & Retail Broking

The company operates through various subsidiaries and affiliated entities.

Religare Enterprises has a market capitalisation of ₹7,780 crore, as per BSE data. As of 9:20 AM, the stock was trading 5.34% higher at ₹234.90, while the BSE Sensex was down 0.10% at 75,663.58.

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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.

SJVN, Manappuram Finance Among Stocks Trading Ex-Dividend Today

Several companies, including SJVN Ltd and Manappuram Finance Ltd, will trade ex-dividend on February 21, 2025. Investors who purchased these shares before the record date are eligible for dividend payouts.

SJVN Ltd

SJVN has approved an interim dividend of ₹1.15 per share for the financial year 2024-25. The record date for eligibility is February 21, 2025, and the dividend payment will commence from March 6, 2025.

Manappuram Finance Ltd

Manappuram Finance has declared an interim dividend of ₹1 per share on a face value of ₹2. The record date is February 21, 2025, and the company will pay the dividend on or before March 14, 2025.

The Bombay Burmah Trading Corporation Ltd

The Bombay Burmah Trading Corporation has announced an interim dividend of ₹13 per share (650% on a face value of ₹2). The record date is February 21, 2025, and the dividend will be distributed within the stipulated timeline.

Procter & Gamble Health Ltd

Procter & Gamble Health has declared an interim dividend of ₹80 per share on a face value of ₹10. The record date for eligibility is January 31, 2025, and the dividend will be paid by March 7, 2025.

Cantabil Retail India Ltd

Cantabil Retail has announced an interim dividend of ₹0.50 per share at a rate of 25% on the face value of ₹2 per share.

Career Point Ltd

Career Point has declared its third interim dividend of ₹1 per share (10% on a face value of ₹10 per share) for the financial year 2024-25. The dividend will be paid by March 13, 2025.

Firstsource Solutions Ltd

Firstsource Solutions has approved an interim dividend of ₹4 per share (40%) on its paid-up capital for the financial year ending March 31, 2025.

India Nippon Electricals Ltd

India Nippon Electricals has announced an interim dividend of ₹12.50 per share on a fully paid-up equity share of ₹5 each for FY 2024-25.

Kirloskar Oil Engines Ltd

Kirloskar Oil Engines has declared an interim dividend of ₹2.50 per share (125%) on a face value of ₹2 per share.

Meera Industries Ltd

Meera Industries has declared its second interim dividend of ₹0.50 per share (5%) on a face value of ₹10 per share for FY 2024-25.

Modison Ltd

Modison has announced an interim dividend of ₹1.50 per share (150%) on a face value of ₹1 per share for FY 2024-25.

Nirlon Ltd

Nirlon has approved an interim dividend of ₹15 per share (150%) on a face value of ₹10 per share for FY 2024-25.

QGO Finance Ltd

QGO Finance has declared its third interim dividend of ₹0.15 per share (1.5%) on a face value of ₹10 per share for the quarter ending December 31, 2024.

Sandesh Ltd

Sandesh has announced an interim dividend of ₹2.50 per share (25%) on a face value of ₹10 per share for the financial year 2024-25.

These dividends will be distributed as per the timelines set by the respective companies.

 

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 February 21, 2025: Religare, Vedanta, Tata Motors and More in Focus

Indian stock markets are expected to be impacted. As of 7:32 AM, GIFT Nifty futures were down by 89.5 points at ₹22,852.5. In the previous session, the BSE Sensex fell by 203.22 points (0.27%) to ₹75,735.96, while the NSE Nifty50 dropped 19.75 points (0.09%) to ₹22,913.15.

Here are key stocks to watch today: 

Religare Enterprises

The Burman family has taken control of Religare and plans to work with the leadership team and board to strengthen the company’s strategic growth and create long-term value.

Vedanta

Shareholders and creditors have approved Vedanta’s demerger plan, which will split the company into five separate entities.

Sun Pharma

Sun Pharma is seeking shareholder approval for related-party transactions (RPTs) worth nearly $1 billion for FY26. These transactions involve Sun Pharma’s subsidiaries, including Taro Pharmaceuticals (Canada, Israel, and the US).

Tata Power

Tata Power has partnered with Amazon Web Services (AWS) to modernise its digital infrastructure and improve smart energy management for consumers in India.

Tata Motors

Tata Motors is celebrating the milestone of 200,000 electric vehicle (EV) sales by offering special discounts for 45 days. Customers can get:

  • Exchange bonus up to ₹50,000
  • 100% on-road financing with zero down payment

Adani Group Stocks

Adani Group has assured investors that it has sufficient cash reserves to meet debt obligations. The company achieved record pre-tax profits in the 12 months ending December 2024.

 

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.