Best PSU Stocks in February 2025 Based on 5-Yr CAGR: RVNL, HAL, BDL & More

Public Sector Undertakings (PSUs) have long been a cornerstone of India’s economy, playing a crucial role in driving economic growth and ensuring the country’s energy, infrastructure, and industrial development. These government-owned corporations span a wide range of sectors, including energy, banking, utilities, and defence, providing essential services and contributing significantly to government revenue. In this article, check the best PSU stocks list in February 2025, based on the 5-yr CAGR and other parameters like market cap and debt to equity.

Best Government Stocks in India February 2025 – Based on 5yr CAGR

Name Market Cap (₹ in crore) PE Ratio 5Y CAGR (%) ↓
Rail Vikas Nigam Ltd 84,995.84 53.99 71.97
Hindustan Aeronautics Ltd 2,40,702.15 31.58 53.96
Bharat Dynamics Ltd 44,429.21 72.51 52.33
Bharat Electronics Ltd 1,88,775.04 47.38 50.54
Bharat Heavy Electricals Ltd 65,330.47 231.49 34.08
Oil India Ltd 64,584.46 10.19 33.96
REC Limited 1,10,503.25 7.812 31.02
Indian Railway Catering and Tourism Corporation Ltd 60,004 54.01 29.03
NHPC Ltd 73,419.16 20.26 21.77
Power Grid Corporation of India Ltd 2,64,090.65 16.96 21.52

Note: The best PSU stocks list provided here is as of January 29, 2025. The stocks are sorted based on their 5-yr CAGR.

Overview of the Best PSU Stocks in February 2025

  • Rail Vikas Nigam Ltd (RVNL)

Rail Vikas Nigam Ltd takes up different kinds of rail infrastructure projects assigned by the Ministry of Railways (MoR), such as doubling, gauge conversion, new lines, railway electrification, major bridges, etc. In H1 FY 2025, the company’s total income was ₹9,472.82 crore, a drop from ₹11.063.52 crore during the same period in FY 2024. The net profit was ₹510.82 crore, a drop from ₹737.51 crore during the same period in FY 2024.

Key metrics:

  • Return on Equity (ROE): 19.69%
  • Return on Capital Employed (ROCE): 17.44%
  • Hindustan Aeronautics Ltd (HAL)

Hindustan Aeronautics Ltd is into the manufacturing of aircraft and helicopters and repairs and maintains them. The company is a Navaratna Status Public Sector Undertaking (PSU) under the Ministry of Defence. In H1 FY 2025, the company’s total income was ₹11,60,255 lakh, an increase from ₹10,43,036 lakh during the same period in FY 2024. The net profit was ₹2,94,763 lakh, a rise from ₹2,05,076 lakh during the same period in FY 2024.

Key metrics:

  • ROE: 28.91%
  • ROCE: 24.58%
  • Bharat Dynamics Ltd (BDL)

Bharat Dynamics Ltd was incorporated as a PSU under the Ministry of Defence. The company is engaged in the manufacturing base for guided missile systems and allied equipment for the Indian Armed Forces. In H1 FY 2025, the company’s revenue from operations was ₹735.94 crore, a drop from ₹913.53 crore during the same period in FY 2024. The net profit was ₹129.75 crore, a drop from ₹188.91 crore during the same period in FY 2024.

Key metrics:

  • ROCE: 11.34%
  • ROE: 17.89%
  • Bharat Electronics Ltd (BEL)

Bharat Electronics Ltd is a Navratna PSU under the Ministry of Defence, Government of India. BEL offers advanced electronic products for the Indian Army. The company has achieved a turnover of ₹8,530.43 crore, marking a growth of 15.83% in the first half of FY 2024-25, compared to ₹7,364.82 crore during the same period last year. The PAT for the first half of FY 2024-25 stood at ₹1,867.41 crore, reflecting a growth of 39.03% over the PAT of ₹1,343.18 crore recorded in the corresponding period of the previous year.

Key metrics:

  • ROCE: 30.17%
  • ROE: 26.37%
  • Bharat Heavy Electricals Ltd

Bharat Heavy Electricals Ltd (BHEL) is a leading integrated manufacturer of power plant equipment, specialising in the design, engineering, production, installation, testing, commissioning, and servicing of a wide array of products and services. For the 9M ended December 31, 2024, the company’s total income was ₹19,662.15 crore, a rise from ₹16,022.21 crore during the same period in FY 2024. The PAT for the period 9M ended December 31, 2024, stood at ₹29.45 crore, compared to a loss of -₹207.40 crore during the same period in FY 2024.

Key metrics:

  • ROCE: 3.18%
  • ROE: 1.16%

Best PSU Stocks in India – Based on Market Cap

Name Market Cap (₹ in crore) ↓
State Bank of India 6,71,488.41
Life Insurance Corporation Of India 5,17,795.94
Oil and Natural Gas Corporation Ltd 3,12,846.38
Power Grid Corporation of India Ltd 2,64,090.65
Hindustan Aeronautics Ltd 2,40,702.15

Note: The best PSU stocks list provided here is as of January 29, 2025. The stocks are sorted based on their market capitalisation.

Best PSU Stocks in India – Based on Low Debt to Equity 

Note: The best PSU stocks list provided here is as of January 29, 2025. The stocks are sorted based on their debt to equity.

Conclusion

Apart from the PSU stocks list provided above, there are several other companies from the state and central government. Before investing in any stock it is vital to understand the business of the company, their financials and future prospects. Understand your investment objective and risk appetite before making a decision.

 

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.

The Growth and Future of India’s Petroleum Industry: Key Stocks Involved

India’s petroleum industry plays a pivotal role in the country’s economic landscape, contributing significantly to its energy security and socio-economic development. This sector encompasses a broad range of activities, including exploration, production, refining, distribution, and marketing of petroleum and its by-products. From upstream activities such as crude oil and natural gas extraction to downstream processes involving the refining of fuels like petrol, diesel, LPG, and kerosene, the petroleum industry forms the backbone of India’s energy infrastructure.

Key Components of the Petroleum Industry

The Indian petroleum industry is divided into three key sectors: upstream, midstream, and downstream.

  • Upstream: This involves the exploration and production (E&P) of crude oil and natural gas. State-owned and private companies are involved in oil and gas exploration, with major players like the Oil and Natural Gas Corporation (ONGC) and Reliance Industries leading the sector.
  • Midstream: The transportation and storage of crude oil and natural gas are critical for ensuring the continuity of supply. This includes pipelines, transportation via ships, and storage facilities.
  • Downstream: This sector includes refining crude oil into finished petroleum products and the distribution and marketing of these products. India has 19 public sector undertakings (PSUs) and three private-sector refineries, making it one of Asia’s key refining hubs.

Growth of India’s Refining Capacity

India has seen a remarkable increase in refining capacity. In April 2014, the refining capacity stood at 215.066 Million Metric Tons Per Annum (MMTPA), which has grown to 256.816 MMTPA by April 2024. This increase is driven by both state-owned and private refineries, with private players such as Reliance Industries playing an essential role in making India a significant global refining centre.

The Evolution of the Industry

The roots of India’s petroleum industry date back to 1867 when the first oil well was drilled in Digboi, Assam. This led to the formation of the Indian Oil Corporation in 1959, which set the stage for refining and distribution on a large scale. Over the decades, the industry expanded with significant milestones, including the development of world-class refineries such as the Jamnagar refinery by Reliance Industries in Gujarat, which remains one of the largest single-location refineries in the world.

Key Government Initiatives

The Indian government has been active in fostering growth in the petroleum sector. Several initiatives have been launched to boost exploration, improve refining capacities, and enhance energy security:

  • Pradhan Mantri JI-VAN Yojana: This scheme supports bioethanol production, focusing on second and third-generation plants that use non-food feedstock.
  • Ethanol Blending Program: The government aims to achieve 20% ethanol blending in petrol by 2025-26 to reduce dependence on fossil fuels and curb carbon emissions. Ethanol blending has already risen significantly, from 38 crore litres in 2013-14 to 707.4 crore litres in 2023-24.
  • Strategic Petroleum Reserves: India has developed underground storage facilities to hold up to 5.33 Million Metric Tonnes (MMT) of crude oil in Visakhapatnam, Mangalore, and Padur.
  • City Gas Distribution Network Expansion: India has significantly expanded its network for supplying compressed natural gas (CNG) and piped natural gas (PNG) across urban areas.

Foreign Trade and Export Growth

India’s petroleum industry is also a key player in the global energy market. The country’s refining capacity exceeding 250 MMTPA has enabled it to cater to growing international demand. Major export destinations include South Asia, Africa, and Europe. The government’s emphasis on export-oriented growth, along with Special Economic Zones (SEZs) for refineries, has boosted India’s position as a global petroleum exporter.

Key Petroleum Stocks to Watch

India’s petroleum industry is supported by a wide array of stocks, with both public and private sector companies playing significant roles. Below are a few prominent stocks:

  1. Reliance Industries Limited (RIL): As one of the largest conglomerates in India, Reliance Industries plays a dominant role in the refining and petrochemical sectors. In the quarter-ended December 31, 2024, the company reported consolidated revenue reaching ₹2,67,186 crore ($31.2 billion), marking a 7.7% year-on-year (YoY) increase. In addition, the company achieved a record quarterly consolidated profit after tax (PAT) of ₹21,930 crore ($2.6 billion), reflecting a growth of 11.7% YoY.
  2. Oil and Natural Gas Corporation (ONGC): ONGC is a public-sector company in India involved in the exploration and production of oil and gas. For Q2 FY’25, the company reported gross revenue of ₹1,58,329 crore, marking a 7.3% increase compared to ₹1,47,614 crore in Q2 FY’24. However, net profit for Q2 FY’25 declined by 38.9% to ₹9,878 crore from ₹16,171 crore in Q2 FY’24.
  3. Indian Oil Corporation (IOC): As the oil marketing company in India, IOC is a major player in the downstream sector. In the quarter-ended December 31, 2024, the company reported a total income of ₹2,20,543.92 crore, down from ₹2,28,160.31 crore during the same period last year. The PAT was ₹2,147.35 crore, dropped from ₹9,220.85 crore YoY.
  4. Bharat Petroleum Corporation Limited (BPCL): BPCL is an oil marketing and refining company. In the quarter-ended December 31, 2024, the company reported a total income of ₹1,28,158.36 crore, down from ₹1,30,475.59 crore during the same period last year. The profit was ₹3,805.94 crore, dropped from ₹3,181.42 crore YoY.
  5. Hindustan Petroleum Corporation Limited (HPCL): HPCL is another major public-sector company in India that refines petroleum products and distributes them through an extensive network. The company has reported standalone revenue from operations of ₹1,18,936 crore for Q3 FY25, compared to ₹1,18,443 crore in Q3 FY24. The company’s standalone PAT for the quarter was ₹3,023 crore, a significant increase from ₹529 crore in Q3 FY24.

The Future of India’s Petroleum Industry

India’s petroleum industry is expected to witness continued growth, driven by rising demand for energy and the government’s focus on improving infrastructure and energy security. The target refining capacity for 2030 is 309.5 MMTPA, and the aim for exploration acreage has been set at 1 million square kilometres by 2030.

Additionally, for the development of green hydrogen production, the target is 5 MMTPA by 2030.

Conclusion

India’s petroleum industry continues to evolve, with significant investment in exploration, refining, and distribution. Government initiatives and foreign trade have contributed to making India a global player in petroleum exports. As the country looks to meet its growing energy needs and transition to greener sources of energy, India’s petroleum sector remains a key pillar of its economic and energy strategy.

 

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.

Swan Energy Share Price Rises 5.67% on Jan 29, 2025

Swan Energy Limited has been in focus on Wednesday. On January 29, 2025, Swan Energy share price opened at ₹542.65, up from its previous close of ₹530.05. At 10:42 AM, the share price of Swan Energy was trading at ₹560.10, up by 5.67% on the NSE. The stock price touched its day’s high so far at ₹562.00.

Recent Developments

Earlier this month, on January 2, 2025, the company provided an update regarding the acquisition of Reliance Naval and Engineering Limited (RNEL) through a Special Purpose Vehicle, Hazel Infra Limited (HIL). The company also stated that as a part of this acquisition process, the National Company Law Tribunal (NCLT) has approved the change of RNEL’s name to “Swan Defence and Heavy Industries Limited,” effective January 2, 2025. The change follows the receipt of a fresh Certificate of Incorporation from the Registrar of Companies, Ahmedabad, reflecting the new name.

Q2 and H1 FY 2025 Financial Highlights

For the quarter ended September 2024, the total income stood at ₹1,06,350.90 lakh, reflecting a decrease compared to ₹1,16,155.45 lakh in the previous quarter (June 2024) and ₹1,23,010.97 lakh for the same quarter in the previous year (September 2023). The net profit after tax (PAT) for Q2 FY25 was ₹6,713.01 lakh, a decline compared to ₹26,767.32 lakh in Q1 FY25 and ₹16,556.60 lakh in Q2 FY24.

For the half-year ended September 2024, the total income reached ₹2,22,506.35 lakh, up from ₹2,03,855.38 lakh for the same period in the previous year. However, the net profit after tax for the first half of FY25 was ₹33,480.33 lakh, showing an increase from ₹31,038.72 lakh during the same period in FY24.

About Swan Energy Limited

Swan Energy Limited (SEL) was initially incorporated in 1909 as Swan Mills Ltd (SML). The company is into the manufacturing and marketing of cotton and polyester textile products in India. Over time, the company diversified its operations and is now involved in real estate development. SEL is currently working on the construction of a Floating Storage and Regasification Units (FSRU)-based liquid natural gas (LNG) import terminal in Jafrabad, Gujarat.

 

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.

Denta Water Share Price Rises 5% on Listing Day

Denta Water IPO opened for subscription on January 22, 2025, and closed on January 24, 2025.

It was a book-built issue of ₹220.50 crore. The issue was a fresh issue of 0.75 crore shares. The Denta Water IPO price band was set at ₹279 to ₹294 per share.

On Day 3 of subscription, January 24, as of 6:19 PM, Denta Water IPO was subscribed 221.54 times. QIBs subscribed 236.94x, NIIs subscribed 507.07x, and retail investors subscribed 90.38x.

The share allotment was finalised on January 27 2025, and the shares were listed on BSE and NSE on January 29, 2025.

Denta Water Share Price

On the listing day, on the NSE, Denta Water share price (NSE: DENTA) opened at ₹325.00, up from its issue price of ₹294.00. At 10:24 AM, the share price was trading at ₹341.25, up by 5.00% from its opening price of ₹325.00. As of the same time, the stock touched its day’s high at ₹341.25. The company’s market cap was ₹911.14 crore.

On the BSE, at 10:28 AM, Denta Water & Infra Solutions Share Price was trading at ₹346.45, up by 4.98% from its opening price of ₹330.00 and 17.84% up from its issue price of ₹294.00.

About Denta Water and Infra Solutions Limited

Denta Water and Infra Solutions Limited, widely recognised as Denta Water, has established itself as a prominent player in water engineering, procurement, and construction (EPC) services. With a track record in infrastructure project installations, including groundwater recharge using recycled water, Denta Water has significantly contributed to meeting the growing demand for water-related solutions across the country.

 

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 Dips 7.08%; EBITDA Falls 9% YoY in Q3 FY25 Results

JSW Energy Limited has been in focus on Wednesday. Yesterday, the company announced the unaudited financial results of the company for the quarter and nine months ended December 31, 2024.

On January 29, 2025, JSW Energy share price opened at ₹463.70, down from its previous close of ₹504.00. At 10:16 AM, the share price of JSW Energy was trading at ₹468.30, down by 7.08% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s revenue for the quarter stood at ₹2,640 crore, down by 1% compared to ₹2,661 crore in Q3 FY24.

EBITDA for the quarter was ₹1,115 crore, reflecting a decrease of 9% year-on-year, primarily due to lower short-term sales contribution, despite an increase in overall generation.

The company reported a profit after tax (PAT) of ₹168 crore, down from ₹231 crore in the same period last year. Finance costs increased to ₹565 crore, primarily due to capitalised projects, with a weighted average cost of debt at 8.87%. Cash PAT for the quarter stood at ₹507 crore.

JSW Energy maintains a financial position with a consolidated net worth of ₹27,152 crore and net debt of ₹26,448 crore as of December 31, 2024.

The company’s net debt-to-equity ratio stood at 1.0x, and the net debt-to-EBITDA ratio was 4.5x, which remains within the guidelines set by credit rating agencies. Liquidity continues to be robust, with cash balances amounting to ₹4,947 crore as of the end of Q3 FY25.

Operational Performance Highlights

The company’s total net generation increased by 10% year-on-year, reaching 6.8 BUs, driven by wind capacity additions, increased generation at Utkal Unit-1, and improved output from hydro plants.

Renewable energy generation also saw a boost, rising by 18% year-on-year to 1.6 BUs, with wind generation increasing by 38% and hydro generation growing by 14%. Thermal generation rose by 8% year-on-year to 5.1 BUs. Long-term Power Purchase Agreement (PPA) generation increased by 7% year-on-year, totalling 5.6 BUs.

 

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.

Cipla Posts 50% YoY Growth in Profit After Tax in Q3 FY25 Results

Cipla Limited announced its unaudited consolidated financial results for the quarter ended December 31, 2024.

Post the announcement, on January 29, 2025, Cipla share price opened at ₹1,440.00, up from its previous close of ₹1,420.60. At 9:51 AM, the share price of Cipla was trading at ₹1,417.50, down by 0.22% on the NSE.

Q3 FY 2025 Financial Highlights

The Q3 FY25 results marked a milestone with the highest-ever quarterly revenue exceeding ₹7,000 crore and an EBITDA margin surpassing 28%.

The income from operations for the quarter came in at ₹7,073 crore, marking an 8% YoY growth.

Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) for the quarter stood at ₹1,989 crore, reflecting a 28.1% margin and a 16% year-on-year (YoY) growth.

Profit After Tax (PAT) for Q3 reached ₹1,571 crore, with a 22.2% margin and a 50% YoY growth.

Key Updates of the Quarter

The “One-India” business achieved a 10% YoY growth, with the Branded Prescription segment outperforming market growth, Trade Generics returning to a growth trajectory, and CHL’s anchor brands expanding significantly.

In North America, the company delivered quarterly revenue of $226 million, driven by traction in differentiated assets, which offset the Lanreotide supply shortfall. The “One Africa” business maintained its growth momentum with a 9% YoY increase in USD terms, with the Prescription segment securing the #1 market position. Meanwhile, Emerging Markets and Europe posted a strong 20% revenue growth in USD terms.

R&D investments stood at ₹360 crore (5.1% of sales), focused on product filings and development. The company has a net cash position of ₹8,947 crore, primarily covering lease liabilities and working capital needs.

Commenting on the performance, the MD and Global CEO of Cipla Ltd, Umang Vohra, said, “I am pleased to share that we continue to make considerable progress across our focused markets. In Q3FY25, we delivered growth across all our various geographies, despite a supply challenge in the U.S. We recorded a revenue growth of 8% over last year with the highest-ever EBITDA margin of 28.1%, driven by mix and other operational efficiencies. Our One-India business grew at a healthy 10% YoY.”

He further added, “Key therapies in the Branded Prescription business continued to outpace the market growth, Trade Generics business growth trajectory is back on track and Anchor brands of Consumer Health Business maintained its leadership position. With positive traction in our differentiated assets, the US business posted a revenue of $ 226 Mn. In South Africa, we recorded a solid growth of 21% YoY in local currency terms. Emerging Markets and Europe delivered substantial revenue growth of 20% YoY on the back of a deep market focus strategy. Going ahead, the focus will be on growing our key markets, further building our flagship brands, investing in future pipeline as well as focusing on resolutions on the regulatory front.”

 

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.

Bajaj Auto Share Price Rose 4.22%; Posts 6% YoY Revenue Growth in Q3 FY 2025 Results

Bajaj Auto Limited announced its unaudited consolidated financial results for the quarter ended December 31, 2024.

Post the announcement, on January 29, 2025, Bajaj Auto share price (NSE: BAJAJ-AUTO) opened at ₹8,420.15, up from its previous close of ₹8,398.40. At 9:44 AM, the share price of Bajaj Auto was trading at ₹8,752.85, up by 4.22% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s revenue reached ₹12,807 crore, marking a 6% year-on-year (YoY) increase. The company stated that this growth was largely driven by strong export performance, a growing domestic Green Energy portfolio, and a record-breaking quarter in Spares.

Domestic sales benefited from the highest-ever festive retail volumes, though billed volumes were recalibrated to normalise channel inventory built up in the previous quarter. Exports also witnessed a broad-based recovery, with the company crossing the milestone of over 5,00,000 units after nine quarters.

Bajaj Auto continued its consistent profit growth, with EBITDA surpassing ₹2,500 crores and Profit After Tax (PAT) exceeding ₹2,000 crores. The company maintained an EBITDA margin of 20.2%, which was up by 10 basis points YoY. This stability was largely attributed to favourable USD/INR realisation and strong management of the P&L, including judicious pricing strategies and cost efficiencies.

Electric Vehicle Portfolio and Export Recovery

The company’s Green Energy portfolio led the charge in its domestic business, contributing 45% of total revenues, up from 30% in the previous year.

The electric vehicle (EV) segment showed remarkable progress, with Bajaj Auto delivering another quarter of ~1,00,000 electric two-wheelers (e2Ws) and electric three-wheelers (e3Ws). This achievement helped the company increase its share in these segments, moving from a loss to a marginally positive EBITDA.

Additionally, commercial vehicles (CVs) saw sustained growth, particularly in electric three-wheelers, which experienced a five-fold YoY increase in volumes. The company expanded its network of touchpoints from 600 to over 850, enhancing its path toward leadership in the EV segment.

Exports continued their recovery, with double-digit revenue growth for the fourth consecutive quarter, driven by solid performances in Africa, Asia, and LATAM, offsetting a decline in KTM exports. The company also witnessed a recovery in volumes in Nigeria, surpassing 1,00,000 units, further strengthening its international presence.

 

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.

Coforge Interim Dividend of ₹19 Record Date Tomorrow, January 30, 2025

Coforge Limited’s Board of Directors has declared and approved an interim dividend of ₹19 per equity share of face value ₹10 each.

On January 28, 2025, Coforge share price opened at ₹8,764.25 and closed at ₹8,490.10. The stock touched its day’s low at ₹8,438.35 yesterday.

Coforge Dividend Record Date

The company’s Board has declared a third interim dividend of ₹19 per fully paid-up equity share with a face value of ₹10 each for the financial year 2024-25. In accordance with Regulation 42 of the SEBI Listing Regulations (as amended), January 30, 2025, has been set as the Record Date to determine the eligibility of shareholders for receiving the interim dividend. The company stated in its exchange filing that the payment of the interim dividend will be made within 30 days from the date of its declaration.

Q3 FY 2025 Financial Highlights

The company reported revenue of ₹3,318.2 crore (US$ 397.1 million), reflecting an 8.4% Q-o-Q and 40.3% Y-o-Y growth in constant currency terms. In USD terms, revenue increased by 7.5% Q-o-Q and 40.8% Y-o-Y, while in INR terms, it rose by 8.4% Q-o-Q and 42.8% Y-o-Y. EBITDA stood at ₹519.0 crore, marking a 29.3% Y-o-Y growth. Adjusted PAT (excluding minority interest) was ₹268.0 crore, a 10.3% increase on a Y-o-Y basis.

About Coforge Ltd

Coforge is a leading IT services company delivering comprehensive software solutions and services. Its prominent global clientele includes British Airways, the ING Group, SEI Investments, Sabre, and SITA. Over the years, Coforge has established subsidiaries in countries like the US, Singapore, Australia, the UK, Germany, and Thailand to market and manage projects for its software division. The company also maintains strong business partnerships with major IT companies worldwide.

 

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 January 29, 2025: Bajaj Auto, BHEL, JSW Energy & More in Focus

On Wednesday, January 29, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open positively following a rally in global equities. Check out a few stocks that might be in focus during the trading session.

  • Bajaj Auto

For Q3, Bajaj Auto reported a standalone net profit of ₹2,108 crore, up from ₹2,042 crore year-on-year (Y-o-Y). Revenue stood at ₹12,810 crore compared to ₹12,114 crore (Y-o-Y), against an estimate of ₹12,963 crore. EBITDA reached ₹2,580 crore, up from 20.10% (Y-o-Y), beating the expected 19.6%.

  • Mahanagar Gas

Mahanagar Gas reported a Q3 standalone net profit of ₹225 crore, down from ₹280 crore (Q-o-Q). Revenue increased slightly to ₹1,930 crore compared to ₹1,880 crore (Q-o-Q). EBITDA fell to ₹314 crore from ₹400 crore (Q-o-Q), with margins narrowing to 16.28% from 21.23% (Q-o-Q). The company announced a dividend of ₹12 per share.

  • JSW Steel

JSW Steel has extended the long-stop date for acquiring a 92.19% stake in Minas de Revuboe from January 31, 2025, to June 30, 2025.

  • BHEL (Bharat Heavy Electricals Limited)

BHEL‘s Q3 consolidated net profit surged to ₹135 crore, up from ₹60.3 crore (Y-o-Y) and ₹106 crore (Q-o-Q). Revenue rose to ₹7,280 crore compared to ₹5,500 crore (Y-o-Y). EBITDA increased to ₹305 crore from ₹217 crore (Y-o-Y), with margins improving to 4.19% from 3.94% (Y-o-Y).

  • JSW Energy

JSW Energy posted a Q3 consolidated net profit of ₹167 crore, down from ₹231 crore (Y-o-Y) and ₹853 crore quarter-on-quarter (Q-o-Q). Revenue fell to ₹2,400 crore from ₹2,543 crore (Y-o-Y). The company also approved raising up to ₹3,000 crore via non-convertible debentures (NCDs).

  • Colgate-Palmolive (Colpal)

Colgate-Palmolive‘s Q3 standalone net profit stood at ₹323 crore, ₹330 crore (Y-o-Y), and down from ₹395 crore (Q-o-Q). Revenue increased to ₹1,452 crore from ₹1,390 crore (Y-o-Y). EBITDA reached ₹454 crore, down from ₹470 crore (Y-o-Y).

 

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.

Closing Bell: Nifty & Sensex Ended in Green; Bajaj Finance Leads Gainers on January 28, 2025

On January 28, 2025, the BSE Sensex ended in green closing at 75,901.41, up by 0.71% and the NSE Nifty50 closed at 22,957.25, up by 0.56%.

Sectoral Performance

On Tuesday, Nifty Pharma, Nifty Healthcare Index and Nifty Midsmall Healthacre ended in the red. Nifty Realty, Nifty Financial Services and Nifty PSU Bank ended in green.

Top Gainers and Losers

On Tuesday, the top gainers on the Nifty included Bajaj FinanceAxis Bank and Shriram Finance. In contrast, the losers were Sun Pharmaceutical IndustriesBritannia Industries andHindalco Industries.

Oil Prices

As of January 28, 2025, at 03:18 PM, Brent Crude was trading at $77.38, up by 0.39%.

 

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.