Ashok Leyland, the Hinduja Group’s flagship company, is working towards a leaner financial structure to boost profitability. The company has already cut costs significantly over the past 2 years and now aims to save a total of ₹2,000 crore by March 2025.

After reducing expenses by ₹750 crore each in FY23 and FY24, it plans to save another ₹600 crore in the current fiscal year. Chief Financial Officer K M Balaji stated that the focus has shifted from just cutting unnecessary costs to optimising operations for better efficiency.

Strengthening Market Position Without Discounts

Executive Chairman Dheeraj Hinduja emphasised that the company will grow its market share through strong products and services rather than aggressive discounting. Ashok Leyland’s market share in medium and heavy commercial vehicles (MHCVs) rose to 29.4% in Q3FY25 from 28.3% a year ago. However, it slightly declined from 30.6% in Q2FY25.

The company remains committed to long-term goals, including higher profits, international expansion, and market share growth.

Cost-Cutting Strategies

To achieve savings, Ashok Leyland is using multiple strategies such as:

• E-sourcing and commercial negotiations
• Zero-based costing (analysing each expense from scratch)
• Teardown analysis of competitor products
• Supplier negotiations and design optimisation to reduce vehicle weight without affecting performance

Despite a strong price recovery of 6-7% in FY23, increased competition limited price hikes to just 1% in the last financial year.

Improved Profitability and Margins

The company’s efforts have resulted in significant financial improvements. Its break-even point has reduced by two-thirds from FY21 to FY24, and standalone operating profit margins jumped from 4% in December 2021 to 13% in December 2024.

In Q3 FY24, Ashok Leyland’s standalone net profit rose by 32% year-on-year to ₹762 crore, while revenue increased by 2.7% to ₹9,478 crore. Operating margins stood at 12.8%, marking the eighth consecutive quarter of double-digit EBITDA margins.

Expanding Revenue Streams

Besides cost control, the company is also focusing on diversifying revenue sources beyond trucks. It is expanding businesses in:

• Spare parts
• Power Solutions
• Defence sector
• Exports

Conclusion

While future cost savings may become more challenging, Ashok Leyland remains committed to maintaining strong financial discipline, improving operational efficiency, and sustaining profitability.

 

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.

 

Public Sector Undertakings (PSUs) have been a key pillar of India’s economy, contributing to growth while supporting the country’s energy, infrastructure, and industrial sectors. These government-owned companies operate across various industries, including energy, banking, utilities, and defence, playing a vital role in national development and government revenue generation. This article explores the top PSU stocks for March 2025, selected based on their 5-year CAGR, market capitalisation, and 1-year return.

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

Note: The best PSU stocks list provided here is as of February 24, 2025. The stocks are sorted based on their 5-year CAGR.

Overview of the Best PSU Stocks in March 2025

1.Rail Vikas Nigam Ltd

Rail Vikas Nigam Ltd (RVNL) is responsible for executing various railway infrastructure projects assigned by the Ministry of Railways (MoR), including track doubling, gauge conversion, new lines, electrification, and major bridge construction. 

In the first half of FY 2025, RVNL reported a total income of ₹9,472.82 crore, down from ₹11,063.52 crore in H1 FY 2024. Its net profit also declined to ₹510.82 crore from ₹737.51 crore during the same period last year.

Key metrics:

• Return on Equity (ROE): 15.71%
• Earning per Share (EPS): ₹5.99

2. Hindustan Aeronautics Ltd

Hindustan Aeronautics Ltd (HAL) specialises in manufacturing, repairing, and maintaining aircraft and helicopters. It is a Navratna PSU under the Ministry of Defence. 

In the first half of FY 2025, HAL’s total income rose to ₹11,60,255 lakh from ₹10,43,036 lakh in H1 FY 2024. The company’s net profit also increased to ₹2,94,763 lakh from ₹2,05,076 lakh during the same period last year.

Key metrics:

• ROE: 27.83%
• EPS: ₹129.35

3. Bharat Electronics Ltd

Bharat Electronics Ltd (BEL), a Navratna PSU under the Ministry of Defence, develops advanced electronic systems for the Indian Army. 

In the first half of FY 2025, the company reported a turnover of ₹8,530.43 crore, a 15.83% increase from ₹7,364.82 crore in the same period last year. Its profit after tax (PAT) rose by 39.03% to ₹1,867.41 crore, compared to ₹1,343.18 crore in H1 FY 2024.

Key metrics:

• ROE: 28.55%
• EPS: ₹6.79

4. Bharat Dynamics Ltd

Bharat Dynamics Ltd (BDL), a PSU under the Ministry of Defence, specialises in manufacturing guided missile systems and related equipment for the Indian Armed Forces. 

In H1 FY 2025, the company reported revenue from operations of ₹735.94 crore, down from ₹913.53 crore in H1 FY 2024. Its net profit declined to ₹129.75 crore from ₹188.91 crore during the same period last year.

Key metrics:

• ROE: 15.16%
• EPS: ₹15.43

5. Bharat Heavy Electricals Ltd

Bharat Heavy Electricals Ltd (BHEL), a leading integrated manufacturer of power plant equipment, specializes in designing, engineering, producing, installing, testing, commissioning, and servicing a wide range of products and services. 

For the 9 months ending December 31, 2024, the company’s total income rose to ₹19,662.15 crore from ₹16,022.21 crore in the same period of FY 2024. The company reported a PAT of ₹29.45 crore, recovering from a loss of ₹207.40 crore in the previous year’s corresponding period.

Key metrics:

• ROE: 2.01%
• EPS: ₹1.42

Best PSU Stocks in India – Based on Market Cap

Note: The best PSU stocks list provided here is as of February 24, 2025. The stocks are sorted based on their market cap.

 

Best PSU Stocks in India – Based on 1-year Return

Note: The best PSU stocks list provided here is as of February 24, 2025. The stocks are sorted based on their 1-year return.

 

Advantages of Investing in Top PSU Stocks

• Consistent Dividends

With government backing, PSUs maintain stable revenues, often leading to regular and dependable dividend payouts. This makes them a strong choice for investors seeking steady income.

• Government Support

PSUs benefit from government assistance, ensuring stability during economic downturns. This support includes financial aid, policy advantages, and protection from major market fluctuations.

• Strong Industry Position

Many PSUs dominate key sectors such as energy, transportation, and utilities, providing both stability and long-term growth potential.

Conclusion

PSU stocks offer reliable dividend income and potential capital appreciation. However, with numerous options available, thorough research is essential before making investment decisions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Adani Group has announced a massive investment of ₹1.1 lakh crore in Madhya Pradesh across various sectors, including pumped storage, cement, mining, smart meters, and thermal energy. This investment is expected to create 1.2 lakh jobs by 2030.

Speaking at the Madhya Pradesh Global Investors Summit 2025, Adani Group Chairman Gautam Adani highlighted the state’s transformation into a prime investment destination. He emphasised that these investments would play a key role in Madhya Pradesh’s economic and industrial growth.

Existing Investments and Future Plans

Adani Group has already invested over ₹50,000 crore in Madhya Pradesh across energy, infrastructure, manufacturing, logistics, and agri-business, generating 25,000+ jobs.

Additionally, the group is in advanced talks for another ₹1 lakh crore investment, which would include:

• A greenfield smart city project
• A major airport project
• A coal gasification project

According to Gautam Adani, these investments will boost employment, improve connectivity, and position Madhya Pradesh as a key economic hub.

Stock Performance

Despite the major announcement, most Adani Group stocks were trading lower on Monday due to a broader market selloff:

• Adani Energy Solutions was the only gainer, rising 0.55% to ₹673.30.
• Adani Green Energy was the worst performer, falling 2%.
• Adani Power and Ambuja Cement lost over 1% each.
• ACC, Adani Enterprises, Adani Ports, and Adani Wilmar traded slightly lower, down less than 1%.

Conclusion

Adani Group’s ₹1.1 lakh crore investment in Madhya Pradesh underscores its commitment to the state’s economic growth, with plans to create 1.2 lakh jobs by 2030. While the announcement highlights future expansion across multiple sectors, Adani stocks faced pressure due to a broader market downturn. Investors will closely monitor further developments and execution of these projects.

Explore the world of investing. Download the Angel One stock trading app for reliable information and insights anytime, anywhere.

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.

Gillette India share price saw a sharp rise of 6%, reaching ₹8,175.20 on the BSE in Monday’s trading session. At 10:14 AM, the stock was up 4% at ₹8,585, even as the BSE Sensex declined by 0.96%.

Over the past week, Gillette India has outperformed the market, gaining 17%, while the BSE Sensex dropped 1.8%.

Company’s Clarification on Stock Movement

Gillette India clarified that there is no undisclosed price-sensitive information impacting the stock’s movement. The company stated that, to its knowledge, no information needs to be disclosed to the exchange at this time.

About Gillette India

GIL is a well-known FMCG company in India, manufacturing and selling men’s grooming and oral hygiene products. Its popular brands include Gillette, Oral B, Venus, and Braun. The company offers a range of products such as shaving razors, blades, shaving foam, toiletries, and toothbrushes.

Stock Performance in 2025

So far in calendar year 2025, Gillette India’s shares have declined 12%, underperforming the market. In comparison, the BSE Sensex is down 5%, and the BSE FMCG index has fallen 9% during the same period.

Financial Performance (Q2FY25)

For the October-December 2024 quarter (Q2FY25), Gillette India reported:

• Net profit: ₹125.97 crore (up 21.18%) from ₹103.95 crore in the previous year.
• Revenue from operations: ₹685.55 crore (up from ₹639.46 crore) in the same period last year.

The company credited its strong performance to brand strength, innovation, and effective retail execution.

Conclusion

Gillette India’s stock surged despite broader market weakness, driven by strong financial performance and investor optimism. While the company clarified no undisclosed factors behind the rally, its brand strength and innovation continue to support growth. However, the stock remains down for 2025, underperforming the broader market. Investors will watch future earnings and market trends for further direction.

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.

 

Bharti Airtel has teamed up with Apple to bring premium entertainment to its customers. As part of this partnership, Bharti Airtel will offer Apple TV+ and Apple Music to its Home Wi-Fi and postpaid users.

Who Gets Access?

• Home Wi-Fi Customers: Those on plans starting at ₹999 per month can enjoy Apple TV+ along with access to multiple devices for streaming.
• Postpaid Customers: Users on plans above ₹999 will get Apple TV+ along with six months of free Apple Music, which includes a vast collection of Indian and global music.

Enhanced Entertainment Experience

With this partnership, Airtel customers can access Apple TV+ shows and movies, such as popular titles like Ted Lasso, Severance, The Morning Show, Slow Horses, Silo, and more. The latest Apple TV+ films, such as Wolfs and The Gorge, will also be available.

Additionally, Apple Music will provide customers with:

• A massive library of songs across multiple languages, including Hindi and English.
• Expertly curated playlists and artist interviews.
• Apple Music Radio, lossless audio, and immersive Spatial Audio.

Airtel’s Take on the Partnership

Siddharth Sharma, Chief Marketing Officer and CEO – Connected Homes at Airtel, said the partnership with Apple will offer a premium entertainment experience to millions of Airtel users. He emphasised that this move will set a new standard for digital content consumption in India.

Shalini Poddar, Director of Content and Services at Apple India, expressed excitement about making Apple’s award-winning content more accessible to Indian audiences.

Airtel Strengthens Its Entertainment Portfolio

With Apple TV+ and Apple Music joining Airtel’s existing partnerships with Netflix, Amazon Prime, ZEE5, and Jio Hotstar, customers now have a wide range of entertainment choices. This partnership solidifies Airtel’s position as a leading provider of premium digital content.

About Bharti Airtel

Airtel is one of the world’s largest telecom operators, with over 550 million customers across India and Africa. It provides high-speed 4G/5G mobile broadband, fibre internet with speeds up to 1 Gbps, digital entertainment, cloud services, cybersecurity solutions, and IoT services.

Bharti Airtel share price is trading at ₹1,609.40, down 1.82% as of 11:53 AM IST on February 24. The stock opened at ₹1,627.00, reached a high of ₹1,637.55, and a low of ₹1,605.35. 

Conclusion

Bharti Airtel’s partnership with Apple enhances its premium entertainment offerings, giving customers access to Apple TV+ and Apple Music. This move strengthens Airtel’s digital content portfolio, reinforcing its position as a top telecom and entertainment provider in India. Despite the announcement, Airtel’s stock traded lower amid broader market weakness.

Discover the power of efficient trading with our trading app. Download the Angel One app today and begin your journey to success!

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.

Prithvi Exchange (India) Ltd and ASM Technologies Ltd will trade ex-dividend today, meaning investors who buy shares after today will not be eligible for the announced dividends.

Record Date and Eligibility

The record date for determining eligible shareholders is February 24, 2025. Investors who purchased shares before this date will be entitled to receive the dividend under the T+1 settlement system.

Dividend Payout Details

ASM Technologies Ltd

• ASM Technologies board approved an interim dividend of ₹1 per equity share (10% of the face value of ₹10 per share) for the financial year 2024-25.
• The decision was made during the board meeting held on February 12, 2025, along with the approval of quarterly financial results.
• The dividend will be paid on or before March 11, 2025.
• ASM Technologies share price opened at ₹1,130.00 today, reaching a high of ₹1,130.00 and a low of ₹1,077.75.

Prithvi Exchange (India) Ltd

• The board approved an interim dividend of ₹1 per equity share (10% of the face value of ₹10 per share) for FY 2024-25.
• The announcement was made during the February 14, 2025 board meeting, where the company also approved its Q3 financial results.
• The record date to determine eligible shareholders is February 24, 2025.
• Prithvi Exchange (India) share price opened at ₹162.10 today, hitting a high of ₹164.00 and a low of ₹158.25.

Conclusion

Investors holding shares of these companies as of the record date will receive their dividend payouts as per the company’s schedule.

Inspired by what you’ve read? Take the next step and download the Angel One investment app to put your investment knowledge into practice.

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.