The Adani Group, established in 1988, is one of India’s leading conglomerates with a diverse portfolio spanning ten publicly listed companies. It holds a dominant position in the transport logistics and energy utility sectors and is widely recognised for its role in nation-building and infrastructure development. As India’s only infrastructure-focused investment-grade issuer, the group has cemented its leadership in core industries while aligning operations with global benchmarks.  

As of April 2025, the Adani Group encompasses a diverse portfolio of companies across various sectors. To identify the top 3 stocks of Adani Group, we analyse them based on three key financial parameters: market capitalisation, 5-year Compound Annual Growth Rate (CAGR), and net profit margin.  

Top 3 Adani Stocks by Market Capitalisation 

1. Adani Enterprises Ltd (AEL) 

AEL serves as the flagship entity of the Adani Group, with diversified interests spanning coal trading, mining, oil and gas exploration, ports, logistics, power generation, and gas distribution. As of April 21, 2025, the market cap of the company is ₹2,83,189.78 crore, making it the top Adani Group stock, based on market cap.  

2. Adani Ports and Special Economic Zone Ltd (APSEZ) 

Adani Ports is India’s largest private port operator, managing multiple ports and logistics hubs across the nation. As of April 21, 2025, the market cap of the company is ₹2,66,280.33 crore.  

3. Adani Power Ltd 

Adani Power (APL), a key entity within the diversified Adani Group, stands as India’s largest private-sector thermal power producer. Together with its subsidiaries, the company sells electricity generated from its various projects through a mix of long-term Power Purchase Agreements (PPAs), short-term PPAs, and merchant sales. As of April 21, 2025, the market cap of the company is ₹2,21,851.13 crore. 

Note: The market cap of the companies were picked as of 11:40 AM.  

Also Read: How Much of Adani Group Does Gautam Adani Own? 

Top Adani Stocks by 5-Year CAGR 

Note: The data is of April 21, 2025.  

Top Adani Stocks by Net Profit Margin 

Note: The data is of April 21, 2025. 

Conclusion 

Analysing the Adani Group’s portfolio through market capitalisation, 5-year CAGR, and net profit margin reveals that Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, and Adani Power Ltd consistently rank among the top performers. 

 

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. 

 

Inox Wind Limited has made significant strides in its renewable energy segment by securing a 1,500 MW framework agreement with Purvah Green Private Ltd, a subsidiary of CESC Ltd.  

The agreement includes a substantial 990 MW turnkey order, which is currently under full execution across various locations in Gujarat, Rajasthan, and Madhya Pradesh. 

Progress of the 990 MW Turnkey Order 

The 990 MW turnkey part of the agreement is progressing at full pace, with Inox Wind receiving all the necessary advances for the projects. The commissioning of the wind energy plants is scheduled to commence in phases from FY26 onwards.  

This project, awarded by Purvah Green, represents the single largest wind order received by any Original Equipment Manufacturer (OEM) in India, showcasing Inox Wind’s dominance in the sector. 

Statement from Inox Wind Leadership 

Kailash Tarachandani, the Group CEO of Inox Wind, stated, “We are pleased to announce that we are now executing the entire 990 MW of turnkey project for Purvah across multiple locations. We will commence the commissioning of the project in a phased manner starting FY26. This is a milestone order for Inox Wind from an esteemed customer and we are confident of deepening our relationship further.”  

Mr Sandeep Kashyap, CEO – Renewables Business at RPSG Group, said, “We are pleased with the progress which we have achieved on this project. Our partnership with Inox Wind will be a strong catalyst in our quest to achieve multi-fold growth in our renewable portfolio over the next few years. This is an important project for us, which will significantly contribute to achieve our green ambitions.” 

Inox Wind Share Price Performance 

On April 21, 2025, Inox Wind share price opened at ₹167.00, up from its previous close of ₹162.85. At 10:09 AM, the share price of Inox Wind was trading at ₹171.50, up by 5.31% on the NSE. 

About Inox Wind Ltd 

Inox Wind Limited (IWL) is a prominent provider of wind energy solutions in India, catering to IPPs, utilities, PSUs, and corporate investors. A part of the US$ ~12 billion INOXGFL Group, which has a legacy spanning over nine decades, IWL primarily focuses on two key business areas: chemicals and renewable energy. 

Also Read: Can You Buy a ₹56,000 Phone on EMI with a ₹30,000 Credit Limit? 

Conclusion 

This landmark agreement with Purvah Green Private Ltd highlights Inox Wind’s growing prominence in India’s renewable energy sector.  

 

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. 

Infosys has announced its audited consolidated financial results for the quarter and full year ended March 31, 2025. Post the announcement, INFY share price has been in focus. 

Infosys Share Price Performance 

On April 21, 2025, Infosys share price (NSE: INFY) opened at ₹1,410.00, down from its previous close of ₹1,419.50. At 9:44 AM, the share price of INFY was trading at ₹1,452.00, up by 2.29% on the NSE. 

Financial Highlights 

The IT major delivered steady performance in FY25, reporting revenues of $19,277 million, reflecting a 4.2% year-on-year growth in constant currency. Operating margin expanded by 50 basis points YoY to 21.1%, and the company generated a record-high free cash flow (FCF) of $4,088 million, up 41.8% YoY. Notably, Infosys secured large deal wins worth $11.6 billion during the year, of which 56% were net new contracts. 

In Q4 FY25, revenues stood at $4,730 million, registering a 4.8% YoY increase in constant currency, though down 3.5% sequentially. The reported revenue for the quarter was ₹40,925 crore, marking a 7.9% YoY rise.  

Operating margin came in at 21.0%, improving 0.9% YoY but slipping 0.3% QoQ. The company reported a basic EPS of ₹16.98 for Q4, a decline of 11.8% YoY, while FCF rose by 10% YoY to ₹7,737 crore with a strong FCF conversion of 109.9%. 

For the full year, Infosys posted reported revenues of ₹162,990 crore, up 6.1% YoY. Basic EPS grew by 1.8% to ₹64.50, and FCF surged 44.8% to ₹34,549 crore, with an impressive FCF conversion rate of 129.2%. 

Dividend Details  

The Board has recommended a final dividend of ₹22 per equity share for FY25. The record date for the dividend and AGM is May 30, 2025, and the dividend will be paid on June 30, 2025. 

Also Read: How Much of Adani Group Does Gautam Adani Own? 

Guidance for FY26 

For FY26, Infosys has guided for a revenue growth of 0%-3% in constant currency and expects its operating margin to remain in the range of 20%-22%. 

The CEO and MD of Salil Parekh, said, “We have built a resilient organization with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients.” 

The CFO, Jayesh Sanghrajka, added, “The Board has proposed a final dividend of ₹22, which along with the interim dividend, is an increase of 13.2% over last year.” 

Conclusion 

Infosys wrapped up FY25 with resilient margins and record free cash flow, despite moderate revenue growth.  

 

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. 

HDFC Bank Limited has announced its consolidated and standalone financial results for the quarter and year ended March 31, 2025.  

Post the announcement, on April 21, 2025, HDFC Bank share price opened at ₹1,924.00, up from its previous close of ₹1,906.70. At 9:36 AM, the share price of HDFC Bank was trading at ₹1,933.30, up by 1.40% on the NSE. 

Consolidated Performance: FY25 Highlights 

For the fiscal year ended March 31, 2025, HDFC Bank reported consolidated net revenue of ₹1,732.8 billion. The consolidated profit after tax (PAT) stood at ₹707.9 billion. After adjusting for trading and mark-to-market gains, prior-year one-off provisions, and tax credits, the adjusted PAT showed a growth of approximately 10% YoY. 

Earnings per share (EPS) for FY25 was ₹92.8, while the book value per share as of March 31, 2025, was ₹681.9. These figures indicate the bank’s robust fundamentals and consistent value creation for shareholders. 

Standalone Q4 FY25 Results 

In the quarter ended March 31, 2025, HDFC Bank reported standalone net revenue of ₹440.9 billion. Though slightly lower than the previous year’s figure of ₹472.4 billion (which included a ₹73.4 billion gain from stake sale in HDFC Credila), the bank demonstrated strong operational growth. 

Net interest income rose by 10.3% YoY to ₹320.7 billion. The net interest margin (NIM) for Q4 was 3.54% on total assets and 3.73% on interest-earning assets. Excluding interest on income tax refunds, the core NIM stood at 3.46% and 3.65%, respectively. 

The bank reported operating expenses of ₹175.6 billion during the quarter. The cost-to-income ratio stood at 39.8%, reflecting improved operational efficiency. Profit before tax came in at ₹233.4 billion, while PAT stood at ₹176.2 billion, growing ~10% on an adjusted basis compared to the year-ago period. 

Also Read: How Much of Adani Group Does Gautam Adani Own? 

Balance Sheet Strength and Deposit Growth 

As of March 31, 2025, the bank’s balance sheet size had expanded to ₹39,102 billion, compared to ₹36,176 billion in the previous year. This growth highlights the bank’s expanding footprint and increasing financial strength. 

Average deposits for Q4 FY25 grew by 15.8% YoY to ₹25,280 billion. CASA (Current Account Savings Account) deposits grew by 5.7% YoY to ₹8,289 billion, maintaining a stable share in the overall deposit mix and supporting low-cost funding. 

Annual Performance: FY25 Review 

For the full year, HDFC Bank earned a total income of ₹3,461.5 billion, compared to ₹3,075.8 billion in FY24. Net revenues grew to ₹1,683.0 billion from ₹1,577.7 billion, while PAT increased by 10.7% YoY to ₹673.5 billion. These numbers reflect the bank’s consistent focus on lending growth, digital banking, and cost control. 

Dividend Announcement 

The Board of Directors recommended a dividend of ₹22 per equity share for FY25. This dividend is subject to shareholder approval at the upcoming annual general meeting. 

Conclusion 

HDFC Bank’s FY25 performance underscores its resilience in a dynamic economic environment. With growth in core earnings, expanding deposits, and prudent cost management, the bank remains well-positioned for sustainable growth. 

 

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 Steel Italy Piombino S.P.A., a wholly owned subsidiary of JSW Steel Limited, has taken a significant step towards reviving the historic Piombino steelworks.  

The company signed a Development Contract with the Ministry of Enterprise & Made in Italy (MIMIT), the Tuscany Region, and INVITALIA, Italy’s national agency for investment promotion. This agreement follows the Memorandum of Understanding (MoU) signed in March 2024, aimed at modernising the Piombino plant and boosting industrial activity in the region. 

€33 Million Grant for Rail Mill Expansion 

Under this contract, JSW Italy will receive a grant of €33 million from the Italian government through INVITALIA. This funding will support the €143 million Rail Mill Modernisation Project, which is set to nearly double the production capacity of the plant—from 0.32 million tonnes per annum (MTPA) to 0.6 MTPA. 

The modernisation will also allow the facility to manufacture longer rails, increasing the rail length from the current 108 meters to up to 120 meters. This upgrade positions JSW Italy among the few European manufacturers with the capability to produce technologically advanced “Head Hardened” rails, meeting the growing demand for high-durability railway infrastructure across Europe. 

Boosting Industrial Growth and Local Economy 

The Piombino rail mill, with its strategic location and manufacturing capability, is expected to play a key role in the European rail supply chain. The investment not only brings technological advancement but also signals a commitment to revitalising the Piombino region’s industrial landscape. The Development Contract is legally binding and subject to standard regulatory conditions under Italian law. 

Also Read: How Much of Adani Group Does Gautam Adani Own?

JSW Steel Share Price Performance 

On April 21, 2025, JSW Steel share price opened at ₹1,001.00, down from its previous close of ₹1,007.20. At 9:31 AM, the share price of JSW Steel was trading at ₹1,011.80, up by 0.46% on the NSE. 

Conclusion 

This collaboration between JSW Italy and Italian authorities marks a new chapter for the Piombino steelworks. The project not only strengthens JSW Steel’s presence in Europe but also contributes to the region’s economic revival and sustainable industrial development. 

 

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.