KPIT Share Price Surge 6% After Strong Q3 FY25 Results

KPIT Technologies reported a strong performance in Q3 FY25, with a 20.4% increase in net profit, reaching ₹187 crore. The growth was driven by higher revenue and improved operational efficiency.

Revenue and Profit Growth

  • The company’s revenue from operations rose 17.5% to ₹1,478 crore, up from ₹1,257 crore in the same quarter last year.
  • Net profit (attributable to shareholders) stood at ₹187 crore, marking a 20.4% year-on-year (YoY) growth.

Higher EBITDA Margin Outlook

  • KPIT has raised its annual EBITDA margin outlook to over 21%, up from 20.5%+ projected earlier.
  • The company has maintained its constant currency revenue growth forecast in the range of 18-22%.

Co-founder, CEO, and MD Kishor Patil stated that Q3 revenue aligned with annual growth expectations. Operating profit improved due to a better revenue mix and increased productivity despite currency fluctuations.

Investments in AI for Growth

  • KPIT is investing in AI technologies tailored for the automotive sector.
  • Patil emphasised that their AI strategy focuses on human-centric, innovative, safe, and responsible solutions to create value for clients.
  • These AI investments will enhance KPIT’s talent pool and open new growth opportunities.

With strong financial performance and a focus on AI-driven innovation, KPIT Technologies continues to strengthen its position in the automotive and mobility ecosystem.

About KPIT Technologies Limited

KPIT Technologies Limited is an Indian multinational company specialising in engineering research and development (ER&D) services for the automotive industry. Headquartered in Pune, KPIT operates development centers across India, Europe, the USA, Japan, and China.

As of January 30, 9:38 AM IST, KPIT Technologies share price is trading at ₹1,452.65, up ₹82.60 (6.03%) for the day. The stock opened at ₹1,420.00, reaching a high of ₹1,479.00 and a low of ₹1,410.65. KPIT has a market capitalisation of ₹39,360 crore, a P/E ratio of 54.37, and a dividend yield of 0.46%. Over the past year, the stock has ranged between a 52-week high of ₹1,928.70 and a 52-week low of ₹1,223.25.

 

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.

Income Tax: Exemptions Under Old and New Tax Regimes

In FY 2023, the new tax regime became the default for all taxpayers. This means that unless you choose to opt-out, you will file your income tax return (ITR) under the new regime. The main benefit of the new regime is lower tax rates, but it does not allow several deductions available under the old regime.

To determine which tax regime is better for you, you can use an Income Tax Calculator. Below is a comparison of exemptions available under both regimes.

Exemptions Under the Old Tax Regime

  1. House Rent Allowance (HRA)
    • Tax exemption is available on HRA for salaried employees who live in rented accommodation.
  2. Section 80C Deductions (Limit: ₹1.5 lakh per financial year)
    • Investments in schemes like:
      • Equity Linked Saving Schemes (ELSS)
      • Public Provident Fund (PPF)
      • Life insurance premiums
      • Principal repayment of home loans
      • Sukanya Samriddhi Yojana (SSY)
      • National Savings Certificate (NSC)
      • Senior Citizens Savings Scheme
  3. Section 80D: Health Insurance Premium
    • Deduction of up to ₹25,000 for health insurance premiums.
  4. Section 80DD: Medical Expenses for a Dependent with Disability
    • Deduction of up to ₹75,000 for medical treatment, training, and rehabilitation.
  5. Section 80CCD (1): NPS Contribution
    • Deduction for contributions made to the National Pension System (NPS).
  6. Section 80G: Donations to Charity
    • Tax deduction is available for donations made to approved charitable organisations.
  7. Standard Deduction
    • Flat deduction of ₹50,000 from salary income.

Exemptions Under the New Tax Regime

  1. Standard Deduction
    • Higher standard deduction of ₹75,000 from salary income.
  2. Employer’s NPS Contribution (Section 80CCCD (2))
    • The deduction is available for employer contributions to an employee’s NPS account.
  3. Agnipath Scheme Exemption (Section 80CCH)
    • Tax exemption on income earned under the Agnipath recruitment scheme for the Indian Armed Forces.

By comparing these exemptions, you can decide which tax regime is more beneficial for you.

 

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 29, 2025: Shriram Finance, BEL Lead; ITC Hotels, Maruti Slip

On January 29, 2025, the BSE Sensex and NSE Nifty50 continued their upward trend for the second day in a row, closing higher. The Sensex rose 631.55 points (0.83%) to 76,532.96 after reaching a high of 76,589.93 during the day.

Similarly, the Nifty50 gained 205.85 points (0.90%) to settle at 23,163.10. It traded between 22,976.50 and 23,181.35 throughout the session.

Here are the top gainers and losers on January 29, 2025: 

Top Gainers of the Day

Symbol Open High Low LTP %chng
SHRIRAMFIN 531.15 555.65 530.25 551.2 3.98
BEL 259 268 259 267.85 3.72
TATAMOTORS 731.5 755 726.55 754.8 3.65
SBILIFE 1,419.50 1,470.10 1,410.50 1,465.90 3.27
TRENT 5,495.00 5,651.90 5,415.70 5,625.00 3.11
  • Shriram Finance surged 3.98% to ₹551.2, hitting a high of ₹555.65.
  • BEL rose 3.72% to ₹267.85, touching ₹268 intraday.
  • Tata Motors gained 3.65% to ₹754.8, after opening at ₹731.5.
  • SBI Life advanced 3.27% to ₹1,465.90, reaching ₹1,470.10.
  • Trent climbed 3.11% to ₹5,625, with a high of ₹5,651.90.

Top Losers of the Day

Symbol Open High Low LTP %chng
ITCHOTELS 180 180 171 173.65 -3.53
MARUTI 12,120.00 12,320.70 11,885.05 11,953.00 -1.41
ASIANPAINT 2,241.80 2,246.80 2,212.05 2,223.70 -0.81
BHARTIARTL 1,620.00 1,626.90 1,593.15 1,605.70 -0.78
BRITANNIA 5,100.00 5,100.00 4,991.00 5,030.50 -0.6
  • ITC Hotels dropped 3.53% to ₹173.65 after touching ₹171.
  • Maruti declined 1.41% to ₹11,953, hitting a low of ₹11,885.05.
  • Asian Paints fell 0.81% to ₹2,223.70, trading between ₹2,212.05 and ₹2,246.80.
  • Bharti Airtel slipped 0.78% to ₹1,605.70 after reaching ₹1,626.90.
  • Britannia edged down 0.6% to ₹5,030.50, with a low of ₹4,991.

 

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.

 

Anant Raj Shares Surge 10% Following Clarification on AI Impact

Anant Raj share price rose by 10% to ₹587.85, reaching the upper circuit limit on the BSE during the intraday session. This surge came after the company clarified its business model in response to concerns about the growing influence of AI technology, particularly a low-cost AI model introduced by DeepSeek, a Chinese company.

Company’s Clarification

On January 28, Anant Raj issued a clarification stating that it remains focused on real estate and data centre infrastructure. The company’s primary revenue comes from real estate development and its data centre services, including colocation and Infrastructure as a Service (IaaS) for cloud solutions.

Data Center Industry Growth

Anant Raj acknowledged the rapid growth of India’s data centre capacity, which is driven by digitisation and data localisation trends. Despite India’s large share of global data, there is still significant under-penetration of data centres in the country. The company believes that the growing demand for data centre infrastructure will benefit its business, particularly as the global data surge, partly fueled by AI, drives demand for more data centres.

Impact of AI on Data Centers

The company sees AI tools increasing the need for data processing, which will boost demand for data centres. Additionally, as AI applications move closer to end-users through smartphones and IoT devices, a growing need for distributed computing infrastructure will increase demand for data centers.

No Impact on Real Estate Operations

Anant Raj clarified that developments in AI do not affect its real estate business. The company also assured investors that its focus on colocation in data centres, with continued capital expenditures to improve rack-level capacity, remains unchanged.

Anant Raj highlighted its new sovereign cloud offering, ‘Ashok Cloud,’ which focuses on IaaS without AI elements. The company clarified that it does not provide Platform as a Service (PaaS) or Software as a Service (SaaS), so AI advancements won’t affect its services.

Anant Raj share price is trading at ₹580.80 as of 12:16 PM on January 29, 2025, reflecting an increase of ₹46.30 (8.66%). The stock opened at ₹567.00, reached a high of ₹587.95, and a low of ₹542.65. The company has a market capitalisation of ₹19.86K crore, a P/E ratio of 55.63, and a dividend yield of 0.13%. Its 52-week high is ₹947.90, and the 52-week low is ₹281.00.

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.

Netweb Tech Share Price Rebounds Jumps 10% After Clarification on DeepSeek Impact

Netweb Technologies’ share price rebounded sharply on January 29, 2025, rising by 10% to reach ₹1,606.35, hitting its upper circuit limit. This was after 8 consecutive days of losses. The stock opened at ₹1,491.05 and surged to its upper price band from the previous close of ₹1,460.35.

Company Clarifies Impact of DeepSeek AI 

In a filing with the exchange, Netweb Technologies highlighted the potential positive impact of DeepSeek AI on its business. The company stated that DeepSeek presents a significant opportunity for growth by increasing the adoption of AI solutions.

Opportunity for Growth 

Netweb Technologies explained that DeepSeek lowers the cost barriers for advanced technologies, allowing a wider range of customers to access and use AI. This broader accessibility is expected to drive increased demand for the company’s AI solutions.

AI Solutions and Market Expansion 

Netweb’s portfolio includes multi-GPU/APU platforms for both AI inference and training. Their solutions integrate seamlessly with platforms like DeepSeek, which boosts adoption. The company believes that AI adoption, especially with platforms like DeepSeek, will accelerate local government and enterprise initiatives within India.

Netweb Technologies emphasised its continued revenue growth and strong order pipeline since FY24. With ongoing product improvements and expansion, the company is well-positioned for sustained growth.

Despite struggles in the past year, Netweb Tech share price has seen fluctuations, including a sharp drop of 46% in January 2025. The stock reached a 52-week high of ₹3,060 in December 2024 and a low of ₹1,294.35 in February 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.

Hyundai Q3FY25 Results: Net Profit Falls 19% to ₹1,161 Crore Due to Weak Demand

Hyundai Motor India Ltd (HMIL), the country’s second-largest carmaker, reported a 19% drop in net profit for Q3FY25, falling to ₹1,161 crore from ₹1,425 crore in the same period last year. The decline was mainly due to lower domestic demand and geopolitical challenges affecting exports. Revenue also saw a slight dip of 1% to ₹16,648 crore from ₹16,875 crore in Q3FY24.

Sales Performance and Market Trends

During the quarter, Hyundai sold 1,86,408 passenger vehicles, a 2% drop from 1,90,979 units in the previous year. Domestic sales stood at 1,46,022 units, with strong demand in the SUV segment. Meanwhile, exports declined by 8% to 40,386 units due to disruptions caused by the Red Sea crisis and geopolitical tensions in Latin America. However, the company expanded into new markets like Africa to offset the impact.

Growth in CNG and Rural Markets

Hyundai achieved its highest-ever CNG vehicle penetration, reaching 15%, up from 12% in Q3FY24. The company also saw an increase in rural market penetration, rising to 21.2% from 19.7% a year ago.

Future Plans and EV Expansion

Hyundai remains optimistic about future growth and expects demand to improve in the fourth quarter. The company is focusing on electric vehicles (EVs) and aims to capture a 20% market share in the EV segment in the coming years. The newly launched Creta Electric is expected to play a key role in this strategy. Hyundai is also developing an EV ecosystem, investing in localisation, charging infrastructure, and alternative technologies such as hydrogen, hybrids, and flexible fuel.

Despite ongoing global challenges, Hyundai remains confident in its strong fundamentals. The company believes Creta Electric will be a game-changer in India’s EV market and plans to launch 3 more EV models soon.

About Hyundai Motor India Limited

Hyundai Motor India Limited, established in May 1996, is a subsidiary of the Hyundai Motor Group, the world’s third-largest manufacturer of passenger vehicles by sales.

Hyundai Motor India share price is trading at ₹1,624.55, up by ₹0.15 (0.0092%) today. It has a market cap of ₹1.32 lakh crore, with a 52-week high of ₹1,970.00 and a low of ₹1,610.65.

 

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.

Hindustan Zinc Q3FY25 Results: Net Profit Soars 32%, Revenue Up 18%

Hindustan Zinc, a subsidiary of the Vedanta Group, reported a 32% increase in net profit for the third quarter of FY25, driven by lower costs and higher metal prices.

Strong Financial Performance

The company’s net profit rose to ₹2,678 crore, compared to ₹2,028 crore in the same quarter last year. Revenue from operations grew 18% year-on-year to ₹8,315 crore. Zinc LME prices saw a 22% increase, while the cost of zinc production declined 5% in dollar terms.

Production and Expansion Plans

Total refined zinc and lead production remained flat at 259 KT. Hindustan Zinc expects to spend ₹1,500-1,600 crore in capital expenditure for FY25. The company’s net debt is projected to decline from ₹5,700 crore in September 2024 to ₹2,300 crore by March 2025. Looking ahead, Hindustan Zinc is exploring a capacity expansion to 2 million tonnes, which requires board approval and an estimated investment of $2-2.5 billion over the next 3-5 years.

Business Demerger and Critical Minerals

The company is awaiting government approval for its proposed business demerger, but no timeline has been set. In the meantime, Hindustan Zinc is focusing on its critical minerals division. A recently won tungsten block in Tamil Nadu was scrapped due to local protests.

Positive Future Outlook

With strong fundamentals, Hindustan Zinc expects to deliver solid results in the fourth quarter and aims to achieve over 1.2 million tonnes of production next year. The company is also set to commission its roaster plant in Q4FY25.

About Hindustan Zinc

Founded in 1966, Hindustan Zinc is the world’s second-largest integrated zinc producer and the 3rd-largest silver producer globally, with an annual capacity of 800 metric tonnes. The company holds approximately 75% market share in India’s expanding zinc industry. Headquartered in Zinc City, Udaipur, Hindustan Zinc operates zinc-lead mines and smelting facilities across Rajasthan.

As of 10:54 AM on January 29, Hindustan Zinc share price is trading at ₹430.50, down 0.62%. The stock opened at ₹440.00, reaching a high of ₹444.95 and a low of ₹430.00. The company’s market capitalisation stands at ₹1.82 lakh crore, with a P/E ratio of 20.84 and a dividend yield of 8.13%. Over the past 52 weeks, the stock has touched a high of ₹807.70 and a low of ₹284.60.

 

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.

CG Power Q3FY25 Results: Net Profit Falls 68% to ₹237 Crore

CG Power and Industrial Solutions reported a 68% decline in its consolidated net profit for the third quarter of FY25 (October–December 2024), mainly due to the absence of earnings from discontinued operations.

Profit and Revenue

  • Net Profit: ₹237.85 crore, down from ₹747.67 crore in Q3FY24.
  • Impact of Discontinued Operations: Last year’s profit included ₹551.07 crore from discontinued operations.
  • Profit from Continuing Operations: Increased by 21% YoY to ₹237.85 crore, compared to ₹196.60 crore last year.
  • Total Income: Grew to ₹2,549.28 crore, up from ₹2,006.79 crore in Q3FY24.

Expansion Plans

  • New Transformer Plant: CG Power’s board approved a 45,000 MVA transformer manufacturing unit in western India with an estimated investment of ₹712 crore.
  • Funding: The project will be financed through internal accruals, equity, debt, or a combination of these.
  • Expected Completion: FY28.

About CG Power & Industrial Solutions Ltd

CG Power & Industrial Solutions is a global company that delivers comprehensive solutions for utilities, industries, and consumers to efficiently manage and utilise sustainable electrical energy. The company operates through two key business segments, Power Systems and Industrial Systems, offering a range of products, services, and solutions.

CG Power and Industrial Solutions share price is trading at ₹613.35, up 6.68% today. The stock opened at ₹574.95, reached a high of ₹620.25, and a low of ₹574.95. It has a market cap of ₹93.97K crore, a P/E ratio of 64.93, and a dividend yield of 0.21%. The 52-week high stands at ₹874.70, while the 52-week low is ₹420.25.

 

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.

SBI Cards Q3FY25 Results: Net Profit Drops 30% YoY to ₹383.2 Crore

SBI Cards and Payment Services Ltd reported a 30% year-on-year (YoY) decline in its net profit for the third quarter of FY25 (October-December 2024). The company’s profit fell to ₹383.2 crore, compared to ₹549.1 crore in the same period last year.

Meanwhile, revenue from operations saw a 1% YoY growth, reaching ₹4,767 crore, up from ₹4,742 crore in Q3FY24.

Key Financial Metrics

Higher Write-Offs Impact Profit

SBI Cards’ net profit was affected by increased write-offs, which significantly reduced earnings. The company’s total operating cost dropped 13% YoY to ₹2,107 crore, down from ₹2,426 crore in the previous year.

Rising NPAs Indicate Asset Quality Pressure

  • Gross Non-Performing Assets (NPA) increased to 3.24%, up from 2.64% in Q3FY24.
  • Net NPA also rose to 1.18%, compared to 0.96% last year.

Sharp Increase in Loan Impairments

  • Impairment on financial instruments surged 49% YoY to ₹1,313 crore from ₹883 crore last year.
  • Gross write-offs saw a massive 89% jump, reflecting rising delinquencies in the credit card segment.

NIM Contraction & Industry Trends

SBI Cards’ net interest margin (NIM) fell 31 basis points YoY to 10.6%, signalling pressure on profitability. The company, along with other Indian lenders, is witnessing higher delinquencies in credit cards and personal loans, leading to asset quality concerns.

Despite a rise in revenue, higher bad loans and write-offs continue to impact SBI Cards’ profitability as the company navigates a challenging lending environment.

About SBI Cards and Payment Services Limited

SBI Cards and Payment Services Limited is a key non-banking financial company (NBFC) registered with the RBI that does not accept deposits. It specialises in issuing credit cards to consumers across India. Headquartered in Gurgaon, Haryana, the company operates as a subsidiary of the State Bank of India, the country’s largest commercial bank.

As of January 29, 2025, at 9:25 AM IST, SBI Cards share price is trading at ₹743.55, down 2.05% (-₹15.55) for the day. The stock opened at ₹727.00, reached a high of ₹755.20, and a low of ₹721.00. 

 

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.

Latest EPF Changes in 2025: Easy PF Transfer, CPPS, Higher Pension and More

The Employees’ Provident Fund Organization (EPFO) has introduced several updates to simplify processes for members. These changes include an improved joint declaration process, a Centralized Pension Payment System (CPPS), clarifications on pension for higher wages, an easier way to update member profiles, and hassle-free PF transfers. Here’s a breakdown of these updates:

Simplified Joint Declaration Process

EPFO has revised the Joint Declaration process, replacing certain provisions from SOP Version 3.0, which was issued on July 31, 2024. The new process makes it easier for members and employers to update information such as personal details, employment records, and claim-related changes. Key improvements include:

  • New classifications for different types of members.
  • Updated document submission methods for corrections.
  • Streamlined employer and claimant procedures for faster resolution.

Centralised Pension Payment System (CPPS)

Starting January 1, 2025, EPFO has launched the Centralized Pension Payment System (CPPS) in partnership with the National Payments Corporation of India (NPCI). This allows pension payments to be made to any bank account in any scheduled commercial bank across India.

Key highlights:

  • Pension processing will be centralised, removing the need for inter-office fund transfers.
  • Regional EPFO offices (ROs) will now directly handle pension claims without transferring them to another RO.
  • If any pension claim is mistakenly transferred to another office after January 1, 2025, it will be sent back to the original office for processing.

Clarification on Higher Pension

EPFO has addressed concerns regarding pension calculations for employees opting for higher pension contributions. These clarifications include:

  • Ensuring fairness in pension calculations for different categories of retirees.
  • Strict compliance with trust rules for organisations under exempted establishments.
  • Separating dues from pension arrears to ensure accurate processing.

These updates aim to create a more transparent and standardised approach to pension processing.

Easier Member Profile Updates

EPFO has simplified the process for updating personal details in the Universal Account Number (UAN) system. If the UAN is already linked with Aadhaar, members can now update the following details without submitting supporting documents:

  • Name, date of birth, gender, and nationality
  • Parent’s name and marital status
  • Spouse’s name and employment dates

For UANs issued before October 1, 2017, employer certification may still be required for certain updates.

Hassle-Free PF Transfers

EPFO has simplified the process of transferring Provident Fund (PF) accounts when employees change jobs. According to the EPFO circular issued on January 15, 2025, online PF transfer requests do not always need approval from the previous or current employer in certain cases.

These updates aim to reduce delays and make PF transfers smoother for employees.

With these reforms, EPFO is working towards a faster, more efficient, and user-friendly experience for all its members.

 

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.