Stocks to Watch on Feb 01: Sun Pharma, IndusInd Bank, Inox Wind, ONGC and More in Focus

Sensex and Nifty50 are set to react to Budget 2025 proposals in a special trading session on Saturday, February 1, 2025. Finance Minister Nirmala Sitharaman will present her eighth budget, the second under Modi 3.0. GIFT Nifty Futures were last seen at 23,533, down 87 points from Nifty50 futures.

On Friday, the market closed on a strong note, with the BSE Sensex rising 740 points (0.97%) to 77,500.57, while the Nifty50 gained 258 points (1.11%) to settle at 23,508.40.

Here are the key stocks to watch today: 

  • Sun Pharmaceutical

Sun Pharmaceutical Industries reported a Q3 net profit of ₹2,900 crore, up from ₹2,520 crore year-on-year (YoY), surpassing the estimated ₹2,880 crore. EBITDA increased to ₹4,008 crore from ₹3,480 crore YoY, with margins improving to 29.3% from 28.08%.

  • IndusInd Bank

IndusInd Bank posted a Q3 net profit of ₹1,400 crore, down from ₹2,298 crore YoY but beating estimates of ₹1,271 crore. Revenue increased to ₹12,800 crore from ₹11,572 crore YoY. Gross NPA rose to 2.25% from 2.11% in the previous quarter, while net NPA stood at 0.68% compared to 0.64%.

  • Bandhan Bank

Bandhan Bank saw a decline in Q3 net profit to ₹430 crore from ₹730 crore YoY and ₹940 crore quarter-on-quarter (QoQ). Revenue grew to ₹5,480 crore from ₹4,665 crore YoY. Gross NPA remained steady at 4.68%, while net NPA slightly improved to 1.28%. Provisions rose significantly to ₹1,380 crore from ₹610 crore QoQ.

  • Oil & Natural Gas Corporation (ONGC) 

Oil & Natural Gas Corporation (ONGC) reported a Q3 net profit of ₹8,240 crore, down from ₹11,980 crore QoQ, missing estimates of ₹9,760 crore. Revenue stood at ₹33,720 crore, largely stable from the previous quarter.

  • Inox Wind

Inox Wind posted a significant jump in Q3 net profit to ₹117 crore from ₹11 crore YoY and ₹92.89 crore QoQ. Revenue surged to ₹911 crore from ₹500 crore YoY, with EBITDA rising to ₹207 crore.

  • Waaree Energies

Waaree Energies secured a notification of award from Solar Energy Corporation of India (SECI) to establish a 90,000 MT per annum green hydrogen production facility under the SIGHT Scheme.

 

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.

BSE and NSE Open on Budget Day, February 1, 2025

The Indian stock markets are open for trading on Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26.

Trading Timings on Budget Day

According to a circular from the National Stock Exchange (NSE), trading will follow the usual schedule from 9:15 AM to 3:30 PM.

Why Are Markets Open on a Saturday?

Stock markets in India are usually closed on weekends. However, in special cases like Budget Day, trading is allowed. A similar exception was made on February 1, 2020, and February 28, 2015, when the Budget was also presented on a Saturday.

For pre-market trading, the NSE will operate from 9:00 AM to 9:08 AM.

BSE to Remain Open With a Special Trading Schedule

The Bombay Stock Exchange (BSE) has also confirmed that markets will be open for regular trading hours on February 1, 2025. Additionally, BSE indices will be calculated on this special trading day.

Key Trading Timings on Budget Day

  • Block Deal Session 1: 8:45 AM – 9:00 AM
  • Special Pre-Open Session (For IPO & Relisted Securities): 9:00 AM – 9:45 AM
  • Call Auction for Illiquid Stocks: 9:30 AM – 3:30 PM (Six one-hour sessions)
  • Block Deal Session 2: 2:05 PM – 2:20 PM
  • Post-Closing Session: 3:40 PM – 4:00 PM
  • Trade Modification Cut-Off Time: 4:15 PM

Important Dates for the Budget Session

  • February 1: FM Nirmala Sitharaman presents the Union Budget 2025 in Parliament.
  • February 3-4: Lok Sabha discusses the Motion of Thanks to the President’s address.
  • February 6: PM Narendra Modi is expected to reply to the debate in Rajya Sabha.

 

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 31, 2025: Tata Consumer Lead Gainers and Bharti Airtel Lead Losers

On January 31, 2025, the stock market continued its upward trend for the 4th straight session as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament. The BSE Sensex touched an intraday high of 77,549.92 before closing at 77,500.57, gaining 740.76 points (0.97%).

Similarly, the NSE Nifty50 rose by 258.90 points (1.11%) to end at 23,508.40. During the day, it traded between 23,530.70 and 23,277.40.

Here are the top gainers and losers on January 31, 2025. 

Top Gainers of the Day

Symbol Open High Low LTP %chng
TATACONSUM 970 1,031.20 967.9 1,027.00 6.24
BEL 283.9 294.2 281.6 294 5.47
TRENT 5,569.00 5,817.65 5,527.75 5,765.00 4.61
COALINDIA 379.5 396.95 374.65 396.5 4.49
LT 3,501.05 3,590.00 3,481.05 3,564.00 4.18
  • Tata Consumer surged 6.24% to ₹1,027, touching an intraday high of ₹1,031.20.
  • BEL gained 5.47% to ₹294, after opening at ₹283.90.
  • Trent advanced 4.61% to ₹5,765, hitting ₹5,817.65 during the session.
  • Coal India rose 4.49% to ₹396.50, trading between ₹374.65 and ₹396.95.
  • L&T climbed 4.18% to ₹3,564, after fluctuating between ₹3,481.05 and ₹3,590.00.

Top Losers of the Day

Symbol Open High Low LTP %chng
BHARTIARTL 1,639.10 1,639.10 1,574.25 1,627.35 -0.82
ITCHOTELS 155.1 167.9 155.1 162 -0.77
JSWSTEEL 949.75 959.9 940.55 944.7 -0.65
ICICIBANK 1,254.50 1,256.00 1,239.10 1,252.95 -0.21
BAJAJFINSV 1,713.60 1,753.70 1,698.20 1,742.35 -0.16
  • Bharti Airtel dipped 0.82% to ₹1,627.35, hitting a low of ₹1,574.25.
  • ITC Hotels declined 0.77% to ₹162 after reaching ₹167.90 intraday.
  • JSW Steel slipped 0.65% to ₹944.70, trading between ₹940.55 and ₹959.90.
  • ICICI Bank edged down 0.21% to ₹1,252.95 after touching a low of ₹1,239.10.
  • Bajaj Finserv saw a marginal drop of 0.16% to ₹1,742.35, fluctuating between ₹1,698.20 and ₹1,753.70.

 

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.

Economic Survey 2025: India Eyes 6.3-6.8% GDP Growth in FY26 and Other Key Highlights

Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2025 in Parliament on January 31. The report highlights India’s expected GDP growth of 6.3-6.8% in FY26, despite global uncertainties. It also projects controlled inflation, stable financial markets, and strong contributions from all major sectors.

This survey follows the Economic Survey 2024, which was presented in July 2024 after the General Election. Prepared by the Department of Economic Affairs under Chief Economic Advisor V. Anantha Nageswaran, the report provides an overview of India’s economic performance and outlook for the upcoming financial year.

Key Highlights of Economic Survey 2025

Here are the key highlights of the Economic Survey 2025:

Economic Survey 2025 Key Highlights

1. Indian Economy Remains Resilient

India’s economy is projected to grow at 6.4% in FY25, close to the 10-year average. The expected GDP growth for FY26 is between 6.3% and 6.8%. The Gross Value Added (GVA), which measures overall economic productivity, is also set to grow by 6.4% in FY25.

2. All Sectors Driving Growth

  • Agriculture continues to perform well, staying above its long-term average.
  • The industry has recovered and is now growing beyond pre-pandemic levels.
  • Services have returned to their historical growth trends.

3. Inflation Under Control

Retail inflation dropped from 5.4% in FY24 to 4.9% in April-December 2024. Despite food inflation challenges due to supply disruptions and extreme weather, the government’s buffer stock policies and market interventions have helped stabilise prices. The Reserve Bank of India (RBI) and IMF expect inflation to reach 4% by FY26.

4. Strong Financial Sector

  • The Gross Non-Performing Assets (GNPA) ratio of commercial banks fell to 2.6% in September 2024, a significant improvement from FY18 levels.
  • The credit-to-GDP gap has narrowed, reflecting sustainable bank lending growth.
  • The insurance market grew by 7.7% in FY24, reaching ₹11.2 lakh crore.
  • The pension sector saw a 16% increase in subscribers (YoY) as of September 2024.

5. Foreign Investment and Exports Grow

  • FDI inflows increased by 17.9% YoY in FY25, reaching $55.6 billion in the first eight months.
  • Total exports (goods and services) grew by 6% YoY in FY25 despite global challenges.
  • India’s external debt remains stable at 19.4% of GDP as of September 2024.

6. Push for Economic Deregulation

The survey emphasises removing regulatory hurdles to support India’s long-term growth. It calls for “Ease of Doing Business 2.0”, focusing on simplifying business rules and reducing government interference.

7. Focus on Infrastructure Investment

  • The government’s capital spending on infrastructure grew 38.8% from FY20 to FY24.
  • Post-election, capital expenditure picked up between July and November 2024, helping accelerate projects.

8. Industrial Growth Led by Electricity & Construction

  • The industrial sector grew by 6.2% in FY25, driven by electricity and construction.
  • Steel production rose by 4.6% (April-November FY25), and automobile sales jumped 12.5% in FY24.
  • Electronics manufacturing grew at 17.5% CAGR from FY15 to FY24.
  • Textile exports totalled $35.87 billion in FY24, while pharmaceutical turnover reached ₹4.17 lakh crore.

9. Skill Development for the Services Sector

The service sector’s contribution to GDP increased from 50.6% in FY14 to 55.3% in FY25. The survey stresses skill development and simplifying regulations to boost both manufacturing and services.

10. Support for Agriculture and Food Security

  • Agriculture remains a key part of the economy, contributing 16% of GDP in FY24.
  • The government is focusing on minimum support prices (MSP), credit access (Kisan Credit Card), and subsidies (Modified Interest Subvention Scheme – MISS).
  • PM-KISAN has benefited over 11 crore farmers, providing direct income support.
  • PM-KISAN Maandhan Yojana, which offers pensions to farmers, has enrolled 23.61 lakh farmers so far.

Conclusion

The Economic Survey 2025 presents a positive outlook for India’s economy despite global uncertainties. Controlled inflation, strong banking health, rising investments, and infrastructure growth are expected to support GDP expansion. The government’s focus on deregulation, skill development, and agriculture will further strengthen India’s growth trajectory in FY26.

 

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 NFOs in February 2025: Key Details

New Fund Offers (NFOs) help mutual fund companies launch new investment schemes, covering various options like equity, debt, and sector-focused funds. In February 2025, several NFOs will be available in the market. This article lists the upcoming NFOs for February 2025.

Upcoming NFOs in February 2025

Fund Name Initial Investment NFO Start Date NFO End Date
Nippon India Active Momentum Reg Gr 500 Feb 10, 2025 Feb 24, 2025
Mahindra Manulife Value Reg Gr 1000 Feb 07, 2025 Feb 21, 2025
Bajaj Finserv Multi Cap Reg Gr 500 Feb 06, 2025 Feb 20, 2025
HSBC Financial Services Reg Gr 5000 Feb 06, 2025 Feb 20, 2025
Invesco India Business Cycle Reg Gr 1000 Feb 06, 2025 Feb 20, 2025
ITI Bharat Consumption Reg Gr 5000 Feb 06, 2025 Feb 20, 2025

Are NFOs a Good Investment?

New Fund Offers (NFOs) give investors a chance to buy mutual fund units at the initial price before the Net Asset Value (NAV) starts changing. They provide early access to funds that might perform well and can also offer exposure to new sectors, strategies, or asset types with growth potential.

Things to Consider Before Investing in NFOs

  • Investment Goal: Make sure the fund’s purpose matches your financial plans, whether it’s for growth, income, or capital safety.
  • Risk Level: Understand the risks involved. Equity-based NFOs are usually riskier than debt-based ones.
  • Expense Ratio: A lower expense ratio means lower costs, which can boost long-term returns. Compare with similar funds before investing.
  • Fund Manager’s Experience: Check the fund manager’s past performance. Experienced managers can handle market ups and downs better.
  • Investment Duration: Choose an NFO that fits your investment timeline. Long-term funds are better for those looking for higher growth.
  • Past Performance of Similar Funds: NFOs have no track record, but reviewing similar funds in the same category can help set realistic expectations.

Conclusion

February 2025 brings a range of NFOs across different themes, sectors, and strategies. Whether you want to invest in equity-based strategies, rural growth, or small-cap funds, there are options for every type of investor. Take the time to research and choose wisely to build a strong and diverse investment portfolio.

 

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.

Will Railway Budget 2025 Be Presented Separately?

On February 01, 2025, Union Finance Minister Nirmala Sitharaman will present the Union Budget, which outlines the country’s financial strategy. However, the structure of the Union Budget wasn’t always as we know it today.

The Railway Budget Before 2017 

For many years, the Railway Budget was separate from the Union Budget. This system started in 1924 after recommendations from the Acworth Committee during the colonial era. For decades, the Railway Budget was presented a few days before the Union Budget.

Why Was the Railway Budget Merged? 

In 2016, a committee led by Bibek Debroy from NITI Aayog, along with a separate report, suggested merging the Railway Budget with the Union Budget. This recommendation was based on the idea that a unified budget would be more efficient and better aligned with India’s modern financial goals.

What Changed After the Merger? 

When Finance Minister Arun Jaitley presented the combined Union Budget in 2017, several changes were made to how the Railway Budget functions:

  1. Railways as a Commercial Undertaking: The Ministry of Railways continues to operate as a departmentally-run commercial entity.
  2. Budgetary Changes: A separate Statement of Budget Estimates and Demand for Grant is now created for Railways, but all legislative work, including the Appropriation Bill, is handled by the Ministry of Finance.
  3. Dividend Exemption: Railways no longer need to pay dividends to the government, and its capital-at-charge is cleared.
  4. Budgetary Support from Finance Ministry: The Ministry of Finance allocates part of its budget to the Ministry of Railways for capital expenditure.
  5. Extra-Budgetary Resources: Railways can still raise money from external sources to fund its capital projects.
  6. Unified Financial Picture: A single budget provides a more comprehensive view of the government’s financial position.
  7. Multimodal Transport Planning: The merger enables better coordination between railways, highways, and waterways for smoother transportation planning.
  8. Better Resource Allocation: The Finance Ministry has more flexibility in allocating resources effectively during mid-year reviews.

By merging the Railway Budget with the Union Budget, the government can present a clearer and more holistic financial picture while ensuring better planning for the country’s infrastructure and transportation needs.

 

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.

Big Financial Changes Coming in February 2025: Budget, RBI, and More!

February is set to bring several important updates in finance, from the Union Budget to changes in banking services and UPI rules. Here’s a summary of what to expect and how these changes may impact you:

Union Budget 2025: What To Expect For Your Finances Ahead Of Nirmala Sitharaman Speech

Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2025. Several announcements are expected that could impact your taxes and savings:

  • Higher Basic Exemption Limit: There are talks of raising the basic exemption limit from ₹3 lakh to ₹10 lakh, which would reduce the tax burden for individuals.
  • New Tax Slab: A proposal for a new 25% tax slab for incomes between ₹15 lakh and ₹20 lakh is on the cards, potentially easing the tax load on middle-income earners.
  • Increase in Standard Deduction: Tax consultants suggest increasing the standard deduction to ₹1 lakh, up from ₹75,000, which would help people deal with rising living costs.
  • Restoring Indexation for Debt Funds: Investors hope the Budget will restore the tax benefits on debt funds that were removed last year.
  • Health Insurance Deductions: Taxpayers are hoping for higher deductions under Section 80D for health insurance premiums and medical expenses, considering the rising healthcare costs.

Will the RBI Cut Repo Rate?

The Reserve Bank of India (RBI) has kept the repo rate steady at 6.5% for the past 11 policy meetings. Economists believe that a rate cut is likely in February, thanks to:

  • Lower Inflation: Inflation dropped to 5.22% in December, down from 5.48% in November, driven by reduced food prices.
  • Economic Growth: Slower-than-expected growth has added to the chances of a repo rate cut.
  • Liquidity Measures: The RBI injected liquidity into the system in January, which has further fueled hopes of a rate cut.

Kotak Mahindra Bank Updates

Starting February 1, Kotak Mahindra Bank will make changes to its savings accounts, particularly for Kotak811 account holders:

  • ATM Withdrawal Limit: The free daily ATM withdrawal limit will be increased from ₹10,000 to ₹25,000.
  • Higher Fees: The bank will hike its charges for services like RTGS, NEFT, and chequebooks. For example, RTGS fees for transactions between ₹2 lakh and ₹5 lakh will increase from ₹20 to ₹40.
  • New Charges for NEFT: The bank will now charge ₹4 for NEFT transactions up to ₹2 lakh (previously ₹2 for transactions up to ₹10,000).

Changes in UPI Transaction Rules

The National Payments Corporation of India (NPCI) will enforce new rules from February 1, 2025. UPI transactions with special characters in transaction IDs will be rejected. All UPI IDs must be alphanumeric to comply with the new regulations. Make sure to update your payment apps to avoid transaction issues.

Start Your Tax Planning Early

With the financial year ending in 2 months, it’s time to start your tax planning. Avoid the rush by focusing on investments like the Public Provident Fund (PPF), National Pension Scheme (NPS), and Equity Linked Savings Schemes (ELSS). Regular investments can help you save taxes and meet your financial goals.

SEBI Launches Portal for Reporting Technical Glitches

The Securities and Exchange Board of India (SEBI) has launched a new portal, iSPOT, to help market infrastructure institutions (MIIs) like stock exchanges report technical glitches. This will improve the traceability of issues and ensure better data quality. The portal will be in operation from February 3, 2025.

By staying informed about these updates, you can make smarter financial decisions in February.

 

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 Cuts FY25 Capex to ₹10,000 Crore, Focuses on Acquisitions

JSW Energy has lowered its capital expenditure (capex) target for FY25 to ₹10,000 crore, down from the initial estimate of ₹15,000 crore. The company is shifting its focus towards acquisitions rather than organic expansion due to sectoral challenges like connectivity issues.

Capex Spending So Far

In the first 9 months of FY25, JSW Energy has spent ₹6,200 crore on capex. “We expect to close the year with around ₹10,000 crore in total capex,” said Pritesh Vinay, Director of Finance and CFO, during the Q3 earnings call.

Shift to Inorganic Growth

The company initially planned to invest more in organic projects but faced difficulties scaling them. To maintain steady growth, JSW Energy is now focusing on acquisitions.

Investment in O2 Power Projects

JSW Energy is allocating ₹13,000-14,000 crore for 2.4 GW of under-construction renewable projects from O2 Power, which it acquired for ₹12,468 crore in December. The projects are spread across 7 states, with 2.3 GW expected to be operational by June 2025 and 2.4 GW in various development stages.

Long-Term Growth Plans

JSW Energy aims to reach 10 GW capacity by FY25 and 20 GW by FY30. Currently, its under-construction capacity stands at 7.8 GW, with necessary land and transmission infrastructure in place.

The company’s net debt stands at ₹26,500 crore as of December 2024, with a net debt-to-EBITDA ratio of 4.5x.

JSW Energy’s 1 GWh battery energy storage system (BESS) is under regulatory review. Due to recent policy changes, there might be a slight delay, but the company remains confident in its long-term potential.

About JSW Energy Ltd

JSW Energy Ltd and its subsidiaries focus mainly on generating power from their plants in Karnataka, Maharashtra, Nandyal, and Salboni. It acts as the parent company for the JSW group’s power sector. The company also has a joint venture involved in mining and an associate that manufactures turbines.

JSW Energy share price is trading at ₹505.80, up by ₹21.95 (4.54%) as of 11:46 AM on January 31. The stock opened at ₹489.50, reached a high of ₹506.50, and a low of ₹482.20. Its market capitalisation stands at ₹88.17K crore, with a P/E ratio of 46.05 and a dividend yield of 0.40%. Over the past 52 weeks, the stock has hit a high of ₹804.90 and a low of ₹452.20.

 

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.

IGL 1:1 Bonus Issue: Record Date on January 31 – Are You Eligible?

Indraprastha Gas Ltd (IGL) has set January 31, 2025, as the record date for its 1:1 bonus share issue. This means investors must own IGL shares before the ex-date to be qualified for the bonus shares. 

Purchase Deadline for Eligibility

To be qualified for the bonus shares, investors must have IGL shares in their demat account by January 30, 2025, as the settlement process takes 1 day. Those who buy the stock on the ex-date will not be qualified for the bonus issue.

In a filing, the company stated, “This is further to our previous letters dated December 10, 2024, and January 16, 2025, regarding the approval for the 1:1 bonus issue. The Bonus Issue Committee has fixed Friday, January 31, 2025, as the record date to determine eligible shareholders.”

The bonus shares will be credited to eligible shareholders on February 3, 2025.

What is a Record Date?

The record date is set by the company to identify shareholders eligible for benefits like bonus shares, stock splits, or buybacks. Investors must hold shares in their demat accounts on this date to receive the bonus shares.

About Indraprastha Gas Limited

Indraprastha Gas Limited, founded in 1998, is an Indian company that distributes natural gas for cooking and vehicles, mainly in Delhi NCR. It is a joint venture of GAIL, Bharat Petroleum, and the Delhi government.

As of 11:26 AM IST on January 31, 2025, IGL share price is trading at ₹200.45, up ₹2.60 (1.31%). The stock opened at ₹197.00, reached a high of ₹201.15, and a low of ₹194.95. The company’s market capitalisation stands at ₹14,020 crore, with a P/E ratio of 8.27 and a dividend yield of 5.24%. Its 52-week high is ₹285.18, while the 52-week low is ₹153.05.

 

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.

Adani Ports Q3 FY25 Earnings: Profit Up 14%, Cargo Volume Growth Slows

Adani Ports and Special Economic Zone (APSEZ) reported a 14.12% increase in its profit for Q3 FY25, reaching ₹2,520.26 crore, compared to the same period last year. Revenue for the quarter increased by 15.1% YoY, reaching ₹7,963.55 crore. Expenses also grew by 13.13% YoY to ₹5,190.53 crore.

Cargo Volume Growth

The company handled 112.5 million metric tonnes (mmt) of cargo in Q3, a 3.6% year-on-year (YoY) growth. However, the growth was mainly driven by international cargo, which surged by 118% to 6 mmt. Domestic cargo growth was slower at just 1%. In contrast, Q1 and Q2 FY25 saw stronger growth at 8% and 10%, respectively.

EBITDA Growth

The company’sEBITDA rose by 15% YoY to ₹4,802 crore in Q3. It also upgraded its EBITDA forecast for FY25 to ₹18,800–₹18,900 crore.

9MFY25 Performance

For the first nine months of FY25 (9MFY25), the company posted a 33.1% YoY growth in profit to ₹8,078.09 crore. The total cargo volume for 9MFY25 reached 332 million tonnes, up by 7% YoY, with strong performance in containers, liquids, gas, and dry bulk cargo.

Debt and Financial Position

As of December 2024, APSEZ’s net debt stood at ₹45,653 crore, with a net debt-to-EBITDA ratio of 2.1 times, improving from 2.3 times in FY24.

APSEZ has set a full-year cargo volume guidance of 460-480 million tonnes for FY25.

About Adani Ports & Special Economic Zone

Adani Ports & Special Economic Zone is involved in developing, operating, and maintaining port infrastructure and related services. It also manages a multi-product Special Economic Zone (SEZ) and other infrastructure at Mundra Port.

Adani Ports share price is trading at ₹1,099.00, up by ₹21.95 (2.04%) as of 10:32 AM IST on January 31, 2025. The stock opened at ₹1,085.00, reached a high of ₹1,101.55, and a low of ₹1,074.00. 

 

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.