Shriram Properties Signs JDA for ₹400 Crore Chennai Project

Shriram Properties Limited (SPL) has entered a Joint Development Agreement (JDA) to develop a premium residential project in Koyambedu, a prominent micro-market in Chennai. Known for its strategic location and economic vibrancy, Koyambedu offers exceptional connectivity and infrastructure advantages.

Project Details

The residential complex will feature a total saleable area of 3.2 lakh sq. ft. and is expected to generate revenue of approximately ₹350–₹400 crore. SPL plans to launch the project in early FY26, with development slated to be completed within three years.

The project benefits from its proximity to key infrastructure, including a Metro station and railway station, ensuring seamless connectivity for residents.

This acquisition aligns with SPL’s asset-light strategy and reinforces its strong project pipeline. It reflects the company’s focus on delivering iconic developments in high-potential markets while driving sustainable growth momentum.

Commenting on the development, the CMD of SPL, Mr Murali Malayappan, said, “This investment aligns with our asset-light strategy to drive accelerated growth. Chennai presents a promising market with immense potential for established brands like Shriram. This micro market is well established and a hotspot of prime developments. We are looking forward to its launch in early next financial year and remain committed to delivering top-notch quality and utmost satisfaction for our customers”.

About Shriram Properties Limited

Shriram Properties Ltd is amongst South India’s leading residential real estate developers, mainly focused on the mid-market and mid-premium segments. The company’s key markets include Bangalore, Chennai and Kolkata.

On February 11, 2025, Shriram Properties share price opened at ₹85.40, touching the day’s low at ₹82.32, as of 9:54 AM on the NSE.

 

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.

Eicher Motors Share Price Dips 5.27%; Reports 18% YoY PAT Growth in Q3 FY25

Eicher Motors Limited (EML) announced its unaudited consolidated financial results for the quarter ended December 31, 2024, stating it as its best-ever quarterly performance.

On February 11, 2025, Eicher Motors share price opened at ₹5,138.85, down from its previous close of ₹5,335.35. At 9:50 AM, the share price of Eicher Motors was trading at ₹5,054.00, down by 5.27% on the NSE.

Q3 FY25 Financial Performance

For Q3 FY25, EML reported a 19% year-on-year growth in Revenue from Operations, reaching ₹4,973 crore compared to ₹4,179 crore in Q3 FY24. EBITDA increased by 10% to ₹1,201 crore from ₹1,090 crore, while Profit After Tax (PAT) surged 18% to ₹1,171 crore from ₹996 crore in the same period last year.

Royal Enfield recorded its highest-ever quarterly sales volume, delivering 2,69,039 motorcycles, reflecting a 17% growth over the 2,29,214 motorcycles sold in Q3 FY24.

VE Commercial Vehicles’ Strong Growth

VE Commercial Vehicles (VECV) reported a 6% increase in Revenue from Operations, reaching ₹5,801 crore compared to ₹5,483 crore in Q3 FY24. EBITDA grew 16% to ₹509 crore from ₹437 crore, while PAT saw a 44% growth, reaching ₹301 crore from ₹209 crore. VECV achieved its highest-ever quarterly sales volumes, delivering 21,012 vehicles, up from 20,706 units in the corresponding quarter.

Speaking on Royal Enfield’s performance, the CEO of Royal Enfield and Wholetime Director, B. Govindarajan, said, “Royal Enfield has continued to strengthen its position in the mid-size motorcycle segment recording its best-ever quarter, driven by robust demand for our motorcycles across the globe. Our performance in the last quarter is a result of the groundwork we put in throughout the year, preparing for key launches and optimizing operations to ensure we were ready to deliver at this scale, especially during the festive season in India.”

He stated that Eicher Motors’ focused approach has driven sustained growth across its product portfolio, making the Hunter 350 one of the fastest-growing motorcycles globally, with over 5,00,000 satisfied customers. The company also celebrated its passion for motorcycling at the annual Motoverse event, which brought together more than 10,000 riding enthusiasts.

“In a bid to further strengthen our global presence, we’ve set up our first fully owned CKD facility outside India in Thailand. Our investments in Thailand reinforce our commitment to growing in the Asia-Pacific region. As we move forward, we will continue to deliver exceptional motorcycles and meaningful experiences for motorcycling enthusiasts across the world,” said B. Govindarajan.

 

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.

Apollo Hospitals Share Price Drops 3.40%; Q3 FY25 PAT Surges 52% YoY; Declares ₹9 Interim Dividend

Apollo Hospitals Enterprise announced its financial results for the quarter ended December 31, 2024.

On February 11, 2025, Apollo Hospitals share price opened at ₹6,799.90, up from its previous close of ₹6,761.25. However, at 9:41 AM, the share price of Apollo Hospitals was trading at ₹6,531.40, down by 3.40% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s consolidated revenues for Q3 FY25 surged 14% YoY, reaching ₹5,527 crore, compared to the same quarter last year. Consolidated EBITDA grew 24% YoY to ₹762 crore, reflecting robust operational efficiency.

Profit After Tax (PAT) for the quarter recorded a 52% YoY growth, standing at ₹372 crore.

For the nine months ending December 2024, consolidated revenues grew 15% YoY to ₹16,202 crore. YTD PAT stood at ₹1,056 crore, a 64% YoY increase from ₹645 crore in YTD FY24.

Operational Highlights

Apollo Hospitals achieved a significant milestone in cardiac care, completing over 1,000 robotic cardiac surgeries across Bangalore and Chennai.

The company also partnered with Microsoft and aims to leverage AI and digital innovation to focus on disease progression and genomics.

The company stated that they are on track to add 3,512 beds over the next 3-4 years, starting FY26, further strengthening its healthcare network.

Apollo Hospitals Interim Dividend Record Date

The company’s Board declared an interim dividend of ₹9 per share (180% of face value ₹5). The record date is February 15, 2025, and payment will be completed by February 28, 2025.

Commenting on the performance, the Chairman of Apollo Hospitals Enterprise Ltd, Dr Prathap C Reddy, said, “At Apollo Hospitals, we recognise the rising burden of cancer and launched the Unify to Notify campaign towards classifying cancer as a notifiable disease. Our pursuit of enhancing our clinical excellence continues with landmark surgeries and treatments at our hospitals across India. Apollo Hospitals, Chennai achieved a remarkable benchmark in cardiac care by completing 500 robotic cardiac surgeries.”

He further added, “Apollo Hospitals, Bangalore performed a robotic knee replacement surgery on a 17-year-old boy, the youngest reported case in the world, who was struggling with severe Avascular Necrosis. As we look ahead, we are confident about our plans to create a sustainable impact and value to ‘Heal in India’ and ‘Heal by India’ with world-class healthcare and cutting-edge innovation not just for India but for the world.”

 

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.

Hero MotoCorp Interim Dividend of ₹100 Record Date Tomorrow, February 12, 2025

Hero MotoCorp Limited’s Board of Directors has declared and approved an interim dividend of ₹100 (5000%) per equity share.

On February 10, 2025, Hero MotoCorp share price opened at ₹4,306.30 and closed at ₹4,205.00, down by 1.63%. The stock price touched its day’s low at ₹4,170.10.

Hero MotoCorp Dividend Record Date

The company has declared an interim dividend of 5000%, i.e., ₹100 per equity share with a nominal value of ₹2 each, for the financial year 2024-25. The Board has set February 12, 2025, as the record date to determine the entitlement of members for the dividend. The payment or dispatch of dividend warrants will be completed by March 8, 2025.

Q3 FY 2025 Financial Highlights

The company reported Revenue from Operations of ₹10,211 crore for the quarter, marking the third consecutive quarter with revenue exceeding ₹10,000 crore. The EBITDA margin improved compared to the previous year, reaching 14.5%. Profit After Tax (PAT) stood at ₹1,203 crore, reflecting a 12% growth year-on-year.

The consolidated Revenue and PAT for the quarter were ₹10,260 crore and ₹1,108 crore, respectively.

About Hero MotoCorp Ltd

Hero MotoCorp, formerly known as Hero Honda, is one of India’s motorcycle manufacturers. The company was established in 1984 through a technological collaboration with Honda, Japan. Prior to this partnership, the Hero brand was known for selling bicycles under the name Hero Cycles.

In 2011, the Honda Group sold its 26% stake in the company to the Munjals (the promoters), bringing an end to the joint venture. Following the dissolution of the partnership, the company was rebranded as Hero MotoCorp.

 

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 Today on February 11, 2025: Eicher Motors, Nykaa, Apollo Hospitals & More in Focus

On Tuesday, February 11, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher amid cautiousness, following gains in global markets. Check out a few stocks that might be in focus during the trading session.

  • Eicher Motors

Eicher Motors consolidated net profit increased by 15.6% year-on-year (Y-o-Y), reaching ₹1,056 crore compared to ₹913.73 crore.

  • Apollo Hospitals

Apollo Hospitals reported a 51% Y-o-Y growth in its consolidated net profit for Q3FY25, amounting to ₹372.3 crore. Revenue from operations grew by 13.9%, reaching ₹5,526.9 crore.

  • Nykaa

Nykaa‘s net profit for Q3FY25 saw a significant rise of 51.3%, reaching ₹26.41 crore, up from ₹17.45 crore a year ago. Sequentially, net profit rose by 103.6% from ₹12.97 crore in the previous quarter.

  • Grasim Industries

Grasim Industries, the flagship company of the Aditya Birla Group, reported a 40% decline in net profit for the October–December 2024 period, falling to ₹899 crore from ₹1,514.4 crore a year ago. However, revenue rose by 8.8%, reaching ₹34,792.9 crore.

  • Patanjali Foods

Patanjali Foods recorded a 71% increase in third-quarter profit, with earnings of ₹371 crore, up from ₹217 crore a year earlier.

  • Reliance Industries

Reliance Industries, through its arm RISE Worldwide, will acquire a 49% stake in the London-based Oval Invincibles, a franchise in the England and Wales Cricket Board’s (ECB) The Hundred, for an undisclosed amount.

 

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 That Hit Circuit Limits On February 10, 2025, Zinka Logistics Solutions, KPI Green Energy & More

On February 10, 2025, BSE Sensex closed at 77,311.80 down by 0.70%, while Nifty50 dropped by 0.56% to 23,381.60. Stocks like Zinka Logistics Solutions and KPI Green Energy hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Lower Circuit on February 10, 2025

Company Symbol LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
QUADFUTURE 557.80 -19.99 20.00 36.75 218.63
TI 293.20 -19.99 20.00 42.28 134.16
KPIGREEN 451.10 -5.00 5.00 26.24 121.64
WOCKPHARMA 1,519.40 -5.00 5.00 7.46 113.85
BANCOINDIA 369.15 -19.99 20.00 18.74 70.81

Stocks That Hit Upper Circuit on February 10, 2025

Company Symbol LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
AXISCADES 735.00 -2.44 5.00 3.36 25.43
BLACKBUCK 513.95 4.99 5.00 4.04 20.76
MAFANG 143.02 1.07 20.00 8.36 11.93
DHUNINV 2,033.00 18.70 20.00 0.29 5.71
PANSARI 260.00 5.46 10.00 2.01 5.24

Overview of Companies Hit Circuits Today

  • Zinka Logistics Solutions

Zinka Logistics Solutions saw a significant rise in its stock price, rising by 4.99% to close at ₹513.95. The stock opened at ₹513.95 and reached a high of ₹513.95.

  • Dhunseri Investments

Dhunseri Investments experienced a notable growth in its stock price, rising by 18.70% to close at ₹2,033.00. The stock opened at ₹1,737.30 and touched a high of ₹2,055.15.

  • Quadrant Future Tek

Quadrant Future Tek saw its stock price drop by 19.99% to close at ₹557.80. The stock opened at ₹677.00 and dropped to ₹557.80 as the low of the day.

  • KPI Green Energy

KPI Green Energy saw a decrease in its stock price, dropping by 5% to close at ₹451.10. The stock opened at ₹485.00 and dropped to a low of ₹451.10.

  • Wockhardt

Wockhardt experienced a drop in its stock price, dropping by 5% to close at ₹1,519.40. The stock opened at ₹1,607.00 and reached a low of ₹1,519.40.

 

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.

RBI Cuts Repo Rate by 25 BPS: How It Will Impact Your Auto Loan?

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps), bringing it down from 6.5% to 6.25%. This move, announced on Friday (February 7, 2025), is likely to make loans, including home and auto loans, more affordable. Borrowers with loans linked to the repo rate are expected to benefit, as banks typically pass on such rate cuts to customers.

The last time the RBI cut the repo rate was in May 2020, when it reduced the rate to 4% to help the economy recover from the COVID-19 pandemic. As economic activity picked up, the RBI began raising rates in May 2022, eventually peaking at 6.5% in February 2023. Since then, the rates remained unchanged, as the central bank prioritised balancing inflation control with economic growth.

With inflation showing signs of easing and GDP growth slowing to a four-year low, the rate cut was widely anticipated. The reduction aims to stimulate economic activity by reducing borrowing costs for businesses and individuals.

Impact on Loan holders

Borrowers with floating interest rate loans will benefit the most from the repo rate cut. Most banks link their loans to an external benchmark rate, such as the RBI’s repo rate. When the repo rate is lowered, banks can borrow funds from the RBI at a cheaper rate. This allows banks to pass on the benefits to customers through reduced interest rates on loans.

However, the benefit borrowers receive depends on each bank’s policies. While some banks may pass on the full reduction in interest rates, others might transfer only a portion. Additionally, banks can also keep monthly EMIs unchanged and instead reduce the loan tenure, helping borrowers pay off their loans faster while saving on interest costs.

How Repo Rate Cut Can Impact Your Auto Loan?

Let’s understand how the 25 bps rate cut impacts auto loans with an example.

Suppose you have an auto loan of ₹10 lakh with an interest rate of 10% for a tenure of 5 years. The EMI for this loan would be ₹21,247 per month.

With the repo rate reduced, the interest rate on the loan drops to 9.75%, assuming the bank passes on the full benefit. The EMI amount remains ₹21,149.

However, as mentioned earlier, banks can keep monthly EMIs unchanged and instead reduce the loan tenure, helping you pay off your auto loan faster while saving on interest costs.

Conclusion

The RBI’s decision to cut the repo rate is a welcome move for borrowers, especially as it directly impacts the cost of retail loans such as home and auto loans. While the extent of the benefit will vary depending on the bank’s policies, borrowers can look forward to either reduced EMIs or shortened loan tenures, making loan repayment more manageable. You can contact your bank to understand the impact on your loan.

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.

Aero India 2025: Showcasing Indian Navy’s Path to Aatmanirbharta; HAL Involved

The Indian Navy has made remarkable strides in embracing the spirit of ‘Aatmanirbharta’ (self-reliance), transitioning from a Buyer’s Navy to a Builder’s Navy. Over 60 warships are currently being constructed in Indian shipyards, highlighting its commitment to indigenisation. Naval Aviation, an integral part of the Navy, is steadfast in its efforts to achieve self-reliance. As a testament to this, the Navy has formulated the vision document, ‘Aatmanirbhar Indian Naval Aviation – Technological Roadmap 2047,’ which is set to be unveiled during Aero India 2025.

Aero India 2025: A Platform for Collaboration

The biennial event, Aero India 2025, will be held at Air Force Station Yelahanka, Bengaluru, from February 10 to 14, 2025. This event offers a platform for users, academia, R&D establishments, MSMEs, startups, and industry partners to contribute towards the national vision of ‘Viksit Bharat’ by 2047 through advancements in the aviation sector.

The Indian Navy will utilise Aero India 2025 to outline its future requirements, focusing on the three S’s – Systems, Structures, and Software, which are essential for any naval aviation platform. Additionally, the event will provide an opportunity for the industry to showcase innovative solutions and technologies.

Given the Indian Navy’s operations on high seas, its aviation platforms often remain out of public view. Aero India 2025 offers a unique opportunity to display various naval aircraft to the public. Static displays will feature key assets, including:

  • MiG 29K: 4th generation carrier-borne fighter aircraft.
  • Kamov 31: Airborne Early Warning helicopter.
  • Seaking 42B and MH 60 R: Anti-Submarine and Anti-Ship helicopters.

In addition, the Light Combat Aircraft (Navy), designed by the Aeronautical Design Agency (ADA) and manufactured by Hindustan Aeronautics Limited (HAL), will be showcased. The successful landing of this aircraft aboard the indigenous aircraft carrier INS Vikrant positions India among a select group of nations with the capability to design, develop, and manufacture deck-borne fighter jets.

Indigenous Projects on Display

The India Pavilion at Aero India 2025 will feature cutting-edge indigenous projects developed by the Navy in collaboration with DRDO, academia, and the industry. Notable displays include:

  • Advanced lightweight torpedoes (ALWT).
  • Air-droppable Search and Rescue (SAR) kits.
  • Air-droppable containers for logistics.
  • A scaled model of the Navy’s future Twin Engine Deck Based Fighter (TEDBF) aircraft, designed by ADA.

The pavilion will also highlight the Navy’s engagement with startups to develop futuristic aviation platforms and systems.

Seminar on Aatmanirbhar Naval Aviation

On February 12, 2025, a seminar titled ‘Transition to Aatmanirbhar Indian Naval Aviation – 2047 and its Associated Ecosystem’ will focus on fostering collaboration between the Navy, industry, academia, DRDO, and DPSUs. This futuristic theme aligns with the vision of achieving self-reliance by 2047, India’s centennial Independence Day.

HAL Share Price Performance

The involvement of Hindustan Aeronautics Limited (HAL) in designing and manufacturing advanced naval aircraft highlights its pivotal role in India’s defence sector. On February 10, 2025, HAL share price opened at ₹3,818.00, touching the day’s low at ₹3,753.60, as of 11:04 AM on the NSE.

 

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.

Hexaware Technologies IPO Opens on February 12, 2025: Key Details to Note

Hexaware Technologies Limited is set to launch its IPO on February 12, 2025. It is one of the anticipated upcoming IPOs in India. Here are the key details to note about the Hexaware Technologies IPO.

Key Details of Hexaware Technologies IPO to Note

  • Open and Close Dates: Hexaware Technologies IPO will open for subscription on February 12, 2025, and close on February 14, 2025.
  • Allotment Date: The allotment for the IPO is anticipated to be on Monday, February 17, 2025.
  • Listing Date: The shares will be listed on the BSE and NSE, with a tentative listing date set for Wednesday, February 19, 2025.
  • Price Band: The price band for the Hexaware Technologies IPO is set between ₹674 to ₹708 per share, with a minimum application lot size of 21 shares. Retail investors need to make a minimum investment of ₹14,868.
  • Offer Size: The IPO will be a book-built issue amounting to ₹8,750.00 crore, which is an offer for sale of 12.36 crore shares.

Financial Performance

Particulars As at and for the nine months ended September 30, 2024 As at and for the nine months ended September 30, 2023 As at and for the FY ended March 31, 2023 As at and for the FY ended March 31, 2022 As at and for the FY ended March 31, 2021
Net Worth (₹ in million) 48,760 42,940 42,309 37,781 35,037
Revenue from Operations (₹ in million) 88,200 77,643 1,03,803 91,996 71,777
Profit for the period/year (₹ in million) 8,533 8,048 9,976 8,842 7,488
Borrowings (secured) (₹ in million) – – – 827 –

Strengths and Risks

Strengths:

  • As per the RHP, the company serves a diverse clientele, including 31 Fortune 500 organisations. In FY 2023, ~62% of its revenue came from customers with revenues exceeding $5,000 million, while nearly 83% was derived from customers with revenues above $1,000 million.
  • The company is focused on building strong relationships with new clients across the Americas, Europe, and APAC through collaborative engagement. This is achieved via its go-to-market strategy, which integrates efforts from New Customer Acquisition, Account Management, Hybrid Sales, and Overlay Sales teams.
  • With a global delivery presence, the company provides innovative and cost-effective solutions to its customers. It leverages its talent pool and an efficient onshore-offshore delivery model, supported by advanced platforms, to ensure flexibility and value.

Risks:

  • For the nine months ended September 30, 2024, and the Financial Year 2023, the company generated 73.4% and 71.5% of its revenue from operations in the Americas, and 20.5% and 22.1% from Europe, respectively. Any unfavourable economic developments impacting these regions and markets could adversely affect the company’s business, financial condition, and operational results.
  • 28.3% and 21.2% of the company’s revenue for the nine months ended September 30, 2024, and 27.2% and 21.7% for the Financial Year 2023, were derived from the ‘Financial Services’ and ‘Healthcare and Insurance’ operating segments, respectively. Any challenges or negative factors impacting these segments could similarly affect the company’s business, financial health, and operational outcomes.

About Hexaware Technologies Limited

Hexaware Technologies is involved in digital and technology services with artificial intelligence (AI) at its core. It leverages advanced technology to provide innovative solutions that support clients in their digital transformation journeys and ongoing operations. By embedding AI into every aspect of its offerings, the company has developed a suite of platforms and tools that enable clients to adapt, innovate, and optimize in today’s AI-driven era.

The business is organised into six operating segments aligned with the industries it serves: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. Its services span five key categories: Design & Build, Secure & Run, Data & AI, Optimize, and Cloud Services, which form the foundation of its offerings.

The company delivers these services through AI-enabled digital platforms such as RapidX™ for digital transformation, Tensai® for AI-powered automation, and Amaze® for cloud adoption. With a presence across the Americas, Europe, and the Asia-Pacific region (including India and the Middle East), the company caters to a global clientele.

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.

Eicher Motors Share Price in Focus Ahead of Q3 FY 2025 Financial Results

Eicher Motors Limited is gaining attention on Monday ahead of the Q3 FY 2025 financial results announcement. On February 10, 2025, Eicher Motors share price (NSE: EICHERMOT) opened at ₹5,400.00, up from its previous close of ₹5,372.55. However, at 10:41 AM, the share price of Eicher Motors was trading at ₹5,387.15, up by 0.27% on the NSE. Notably, the stock touched its 52-week high at ₹5,575.50 recently on February 3, 2025.

Board Meeting Announcement 

In the last week, on February 3, 2024, the company announced that its Board of Directors would convene on Monday, February 10, 2025, to discuss key financial matters. The meeting’s agenda includes the review of the unaudited standalone and consolidated financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in Q2 FY 2025

For Q2 FY 2024-25, Eicher Motors achieved its highest-ever Q2 revenue from operations at ₹4,263 crore, up from ₹4,115 crore in the corresponding quarter of FY 2023-24.

EBITDA stood at ₹1,088 crore, slightly higher than ₹1,087 crore in the same period last year. Profit After Tax rose by 8.3% to ₹1,100 crore, compared to ₹1,016 crore during the same quarter of the previous fiscal year.

Royal Enfield recorded sales of 2,25,317 motorcycles during the quarter, marginally lower than the 2,29,496 units sold in Q2 FY 2023-24.

 

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.