Shares of state-owned oil companies like Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) saw a sharp decline of up to 7% in Monday’s intra-day trading. This fall is due to disappointment over the 2025-2026 Budget, which failed to provide the expected boost to the sector. 

Shares Hit 52-Week Lows

• BPCL share price dropped by 5%, reaching ₹242.30.
• IOC share price fell by 3%, hitting ₹120.10.
• Hindustan Petroleum Corporation (HPCL) share price saw the largest drop, falling 7% to ₹320.15.

These declines pushed the shares of all 3 companies to their 52-week lows. Meanwhile, the BSE Sensex was down 0.7% at 76,963.

Budget Impact on OMCs

For FY25, the government revised the LPG subsidy upward to ₹14,700 crore from ₹11,925 crore in the previous budget. For FY26, the LPG subsidy allocation is even lower at ₹12,100 crore, much less than expected, which could negatively impact the profitability of OMCs.

Oil Price Surge Adds to the Pressure

Oil prices also rose on Monday after the US imposed tariffs on Canada, Mexico, and China, raising concerns over crude supply disruptions.

• US West Texas Intermediate crude jumped 1.9%, reaching $73.89 per barrel.
• Brent crude rose 0.9% to $76.34 per barrel.

LPG Under-Recoveries and Other Challenges

LPG prices are controlled by the government, with retail pricing determined by the government’s decisions. OMCs face challenges in terms of LPG under-recoveries, especially during FY25, which impact their profitability. Other factors contributing to stock underperformance include a weakening rupee and limitations on discounted Russian crude imports.

 

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 share price has surged by 48% over the past year, significantly outperforming the market’s 8.6% return. 

Understanding Inox Wind’s Business

Inox Wind, part of the INOXGFL Group with a history of over 9 decades, focuses on chemicals and renewable energy. With 13 years of experience in the wind energy sector, the company provides end-to-end solutions, including equipment supply and operations and maintenance (O&M) for wind projects.

Inox Wind has a manufacturing capacity of over 2.5GW across four plants in Gujarat, Madhya Pradesh, and Himachal Pradesh. Its product lineup includes 2MW and 3MW Wind Turbine Generators (WTGs), and the company holds a license for 4MW WTGs as well. Currently, Inox Wind has a strong order book of over 3.3GW and a large pipeline of future orders.

The company operates two subsidiaries:

• Inox Green Energy Services Ltd. – The only listed wind O&M services company in India.
• Resco Global Wind Services Pvt. Ltd. – Provides EPC services for wind projects.

Inox Wind’s Growth in FY25 and FY26

For FY25, Inox Wind is targeting the execution of nearly 800MW, marking a 113% growth over FY24. This is supported by a robust order pipeline. For FY26, the execution target is over 1,200MW, a 50% increase from FY25, with further growth expected as the company launches its 4MW WTG platform.

Financial Performance

In Q3 FY25, Inox Wind reported a revenue of ₹994 crores, a 96% increase from Q3 FY24. Net profit for Q3 FY25 stood at ₹111.6 crores. Over the last 3 years, the company has reported a compounded sales growth of 35% and a profit growth of 24%.

The National Electricity Plan indicates an addition of 80GW of wind capacity over the next 8 years, creating a market worth ₹6 lakh crores for wind Original Equipment Manufacturers (OEMs) and O&M service providers.

Return on Capital Employed (ROCE)

Inox Wind’s ROCE improved to 4% in March 2024, up from -7% in March 2023, reflecting better operational efficiency. However, compared to its peers:

• Suzlon Energy: ROCE of 25% in March 2024.
• Adani Green Energy: ROCE of 10% in March 2024.

Though improving, Inox Wind’s return on equity (ROE) has been negative over the last 10 years, standing at -28% over the last 3 years.

Valuation and Shareholding

Inox Wind is currently trading at 8.6x its book value of ₹20.5, which is lower than peers:

• Suzlon Energy: Trading at 18.3x its book value.
• Adani Green Energy: Trading at 15.5x its book value.

As of December 2024, Inox Wind’s promoters hold 48.3% of the company, while foreign institutional investors (FIIs) have increased their stake to 15.3%.

Conclusion

Inox Wind has shown strong growth recently, and its future looks promising based on its strong order book, execution targets, and the increasing demand for wind energy. However, execution speed and project completion will be crucial in determining how much the company can grow in the coming years.

 

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 Nifty Metal index saw significant losses on Monday, dropping over 2%, with all 15 stocks in the index losing value.

Vedanta Leads the Losses

Vedanta shares emerged as the top loser in the Metal index, falling by more than 5%. National Aluminium Co. followed closely with a 5% loss.

Tariffs Hit Global Commodity Prices

The drop in metal stocks came after US President Donald Trump announced tariffs on China, Canada, and Mexico. The tariffs, aimed at addressing trade imbalances, caused concerns about a potential trade war, which could harm global economic growth.

Copper, steel, and zinc prices fell by 1% to 3% on the London Metal Exchange (LME) following the announcement.

Details of the Tariffs

Trump revealed a 10% tariff on imports from China and 25% on goods from Canada and Mexico, effective from Tuesday. This caused the US dollar to strengthen by 1.2%, making metals more expensive for other buyers.

Global Trade Impact

The US is a major importer of copper, aluminium, and zinc. In response, China’s commerce ministry promised to take countermeasures, including filing a complaint with the WTO (World Trade Organisation).

A potential global trade war could lead to inflation, higher interest rates, and slow global growth, affecting the demand for metals. Countries may also restrict exports of critical minerals.

China’s Role in the Market

China, the world’s largest consumer of metals, is still struggling to recover fully from the effects of COVID-19. However, it is expected to increase efforts to stimulate economic growth, which may impact commodity demand.

Currently, the Nifty Metal index is down 3.13%, with Vedanta, NALCO, NMDC, SAIL, and Hindustan Copper seeing losses between 4% to 6%.

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.

Maruti Suzuki Share price jumped 12% in 4 days, reaching a 4-month high of ₹13,431.60 in Monday’s trade. The stock rose 4% intraday, defying the broader market decline, and is now trading at its highest level since September 30, 2024.

Stock Performance

At 9:23 AM, Maruti Suzuki was up 2% at ₹13,174.75 on the BSE, while the Sensex and BSE Auto index were down 0.75% and 0.44%, respectively. The stock previously hit its 52-week high of ₹13,675 on August 1, 2024. 

Over the past 5 days, the stock has surged by ₹1,260.45 (10.56%), while it has risen by ₹2,762.40 (26.49%) over the past year and ₹6,219.20 (89.21%) over the past 5 years. The 52-week high is ₹13,680.00, and the 52-week low is ₹10,611.10.

Market Leadership and Growth Factors

Maruti Suzuki is India’s top passenger vehicle (PV) manufacturer, holding a 41.7% market share in FY24. Its popular models include WagonR, Swift, Brezza, Baleno, Ertiga, and Fronx.

A major boost for the automobile sector comes from the Union Budget 2025-26, which raised the income tax exemption limit from ₹7 lakh to ₹12 lakh. This will increase disposable income by ₹30,000 to ₹1,10,000, allowing more people to buy new cars. 

Maruti Suzuki’s Growth Prospects

India is the third-largest passenger vehicle market globally, but car ownership is still lower than in the West and China. With rising incomes, the long-term growth outlook for the Indian PV sector remains strong, and Maruti Suzuki is set to benefit.

• Exports are growing faster than domestic sales, boosting overall revenue.
• The company sold a record 2,12,251 units in January 2025, including its highest-ever domestic sales of 1,77,688 units and exports of 27,100 units.

EV Expansion and Future Plans

Maruti Suzuki aims to make India a global production hub for its recently unveiled E-Vitara. The company plans to export to 100 countries and become the leader in EV production within its first year.

 

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.

D-Street investors will be keeping an eye on stocks like KPIT Technologies, Aarti Drugs, Redtape, and 6 other companies in today’s trading session. These stocks are trading ex-date due to corporate actions such as dividends and bonus shares.

Stocks Turning Ex-Dividend Today

According to BSE data, the following stocks will trade ex-dividend on February 3, 2025:

• KPIT Technologies – ₹2.50 per share
• Aurionpro Solutions – ₹1 per share
• Aarti Drugs – ₹1 per share
• LT Foods – ₹0.50 per share
• Orient Electric – ₹0.75 per share
• Emami – ₹4 per share
• SRF – ₹3.60 per share

The record date for these dividend payouts is February 3, 2025, meaning investors who held these stocks before this date will receive the announced dividends.

Redtape to Trade Ex-Bonus

Redtape shares will be in focus today as the company has announced the allotment of 41.46 crore bonus shares in a 3:1 ratio. This means shareholders will receive three new fully paid-up equity shares of ₹2 each for every one existing share of ₹2. The record date for this is February 4, 2025.

Other Stocks to Watch

Apart from the above, stocks like Mahanagar Gas, Godrej Consumer Products, Jubilant Ingrevia, Pidilite Industries, Great Eastern Shipping, Share India Securities, Siyaram Silk Mills, and Wheels India will also trade ex-dividend today.

What Does Ex-Date Mean?

The ex-date is when a stock starts trading without entitlement to dividends or bonus shares. Investors who buy the stock on or after the ex-date will not be eligible for these benefits. To qualify, they must own the stock before the ex-date, with the company determining the eligible shareholders based on records at the end of the record date.

 

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 oil and gas (energy) sector is one of India’s key industries, playing a vital role in the country’s overall economic development. India’s growing energy needs are directly linked to its economic growth, which is expected to drive higher demand for oil and gas, making the sector an attractive investment opportunity.

As of 2023, India is the third-largest oil consumer globally. The government has introduced several policies to meet the increasing demand, including allowing 100% foreign direct investment (FDI) in areas such as natural gas, petroleum products, and refineries. In this blog, we will explore the best energy stocks for February 2025 based on their 5-year compounded annual growth rate (CAGR).

Energy Sector Overview in India

India’s energy demand is expected to almost double, reaching 1,123 million tonnes of oil equivalent by 2040, driven by the anticipated growth in GDP to $8.6 trillion. Over the last decade, India’s refining capacity has increased from 215.1 million Metric Tons Per Annum (MMTPA) to 256.8 MMTPA, with a forecasted rise to 309.5 MMTPA by 2028.

India is expected to be a major contributor to the global growth in non-OECD petroleum consumption. Petroleum product consumption has grown from 158.4 million metric tons (MMT) in 2013-14 to 234.3 MMT in 2023-24.

In FY23, India’s petroleum consumption averaged nearly 4.44 million barrels per day (BPD), up from 4.05 million BPD in FY22. During April-October 2023, the country’s crude oil production was 2.69 million BPD.

Best Energy Stocks in February 2025 Based on 5Y CAGR

Note: The top energy stocks have been sorted based on 5Y CAGR and as of January 29, 2025, and market capitalisation of over ₹5,000 Crore

Overview of 5 Top Energy Stocks in India in February 2025

1. Adani Power (APL)

Adani Power (APL), a part of the Adani Group, is India’s biggest private thermal power producer. The company and its subsidiaries sell the electricity generated from these plants through long-term Power Purchase Agreements (PPAs), short-term PPAs, and on the open market.

In the quarter ending September 2024, Adani Power reported a revenue of ₹10,264.26 crore and a net profit of ₹2,409.36 crore. For the quarter ending June 2024, the company recorded a revenue of ₹11,393.75 crore and a net profit of ₹2,454.88 crore. 

Key metrics: 

• Earning per share (EPS): ₹22.96
• Return on equity (ROE): 21.63%

2. JSW Energy Ltd

JSW Energy Ltd and its subsidiaries focus on generating power from their plants in Karnataka, Maharashtra, Nandyal, and Salboni. It serves as the holding company for the JSW group’s power sector. The company also has a joint venture involved in mining and an associate that manufactures turbines.

In December 2024, JSW Energy Ltd reported a revenue of ₹976.55 crore and a net profit of ₹217.19 crore. In comparison, for September 2024, the revenue was ₹967.40 crore, with a net profit of ₹285.75 crore. 

Key metrics: 

• EPS: ₹6.29
• ROE: 5.15%

3. Tata Power Company Ltd

Tata Power Company Ltd is mainly focused on generating, transmitting, and distributing electricity. The company aims to generate all its electricity from renewable sources. It also makes solar roofs and plans to set up 100,000 electric vehicle (EV) charging stations by 2025. Tata Power is the largest vertically integrated power company in India.

For the quarter ending September 2024, Tata Power reported a revenue of ₹4,889.44 crore and a net profit of ₹1,008.61 crore. In comparison, the revenue for June 2024 was ₹5,774.12 crore, with a net profit of ₹737.04 crore. 

Key metrics: 

• EPS: ₹9.76
• ROE: 18.39%

4. Adani Green Energy Limited

Adani Green Energy Limited, established in 2015, is a parent company with several subsidiaries that focus on renewable power generation. The company mainly deals with generating renewable energy and related activities.

In December 2024, Adani Green Energy Limited reported a revenue of ₹5,947 crore and a net profit of ₹557 crore. For September 2024, the revenue was ₹3,937 crore, with a net profit of ₹99 crore.

Key metrics: 

• EPS: ₹2.35
• ROE: 4.91%

5. NTPC Limited

NTPC Limited, along with its subsidiaries, associates, and joint ventures, is mainly focused on generating and selling bulk electricity to state power utilities. The company also provides consultancy, project management, energy trading, oil and gas exploration, and coal mining services.

In December 2024, NTPC reported a revenue of ₹41,352.27 crore and a net profit of ₹4,711.42 crore. In comparison, the revenue for September 2024 was ₹40,327.56 crore, with a net profit of ₹4,648.87 crore. 

Key metrics: 

• EPS: ₹20.04
• ROE: 12.45%

Best Energy Stocks in February 2025 Based on Market Cap

Note: The top energy stocks have been sorted based on market cap and as of January 29, 2025, and market capitalisation of over ₹5,000 Crore

Best Energy Stocks in February 2025 Based on Net Profit Margin

Note: The best energy stocks have been sorted based on net profit margin and, as of January 29, 2025, and market capitalisation of over ₹5,000 Crore

What are Energy Stocks?

Energy stocks in India represent companies involved in producing, distributing, and exploring energy resources such as oil, gas, and coal and renewable sources such as solar, wind, and hydropower. The energy sector is critical for economic growth and offers significant opportunities for investors. Here’s a deeper look at key aspects of energy stocks in India:

Key Factors to Consider When Choosing Energy Stocks

• Government Policies and Initiatives: Schemes like the PM Surya Ghar Yojana and financial support to renewable energy sectors are crucial.
• Financial Health: Investors should assess profitability ratios, debt levels, and revenue growth.
• Dividend Yield: For income-focused investors, companies with stable or growing dividends are attractive.
• Volatility: Global oil price fluctuations, regulatory changes, and geopolitical tensions can affect energy stock prices.
• Environmental Concerns: Companies must adapt to sustainability pressures, including reducing carbon emissions.
• Geopolitical Risks: Energy companies are vulnerable to risks arising from international relations, impacting supply chains and operations.

Who Should Invest in Energy Stocks?

• Long-Term Investors: Attractive for those seeking stable dividends, particularly from established companies.
• Value Investors: The energy sector offers cyclical opportunities to buy undervalued stocks during downturns.
• Risk-Tolerant Investors: Investors who can handle price volatility might find opportunities in renewable energy stocks or smaller companies.

Conclusion

Energy stocks present a strong opportunity for long-term growth, particularly as the world shifts toward sustainable energy sources. The sector plays a critical role in the global economy, with ongoing demand for oil, gas, and renewable energy creating opportunities. However, as with any investment, energy stocks carry risks, including market fluctuations, regulatory changes, and environmental concerns.

 

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.

Shares of real estate companies saw a strong rise on Saturday, February 1, 2025, as the sector performed well in an otherwise volatile market. The Nifty Realty index gained 1.88% during intra-day trading, fueled by positive investor sentiment after Finance Minister Nirmala Sitharaman announced a ₹96,777 crore allocation for urban development in the 2025 Budget.

Top Performers in Nifty Realty Index

Among the 10 stocks in the Nifty Realty index, Prestige Estates Projects, Macrotech Developers, and Sobha saw significant gains, climbing up to 9.65% during the day.

Key Budget Announcements for Urban Development

In her speech, Sitharaman highlighted that building on previous proposals from the July Budget, urban sector reforms related to governance, municipal services, urban land, and planning will be incentivised. 

Additionally, she announced a ₹1.5 lakh crore outlay for 50-year interest-free loans to states for capital expenditures and reforms. An Urban Challenge Fund of ₹1 lakh crore will be created to support projects aimed at developing ‘Cities as Growth Hubs,’ ‘Creative Redevelopment of Cities,’ and ‘Water and Sanitation,’ as proposed earlier. The fund will cover up to 25% of the cost of bankable projects, with at least 50% of the funding coming from bonds, bank loans, and public-private partnerships (PPPs).

PPP Projects and Future Plans

Sitharaman also mentioned that each infrastructure ministry will prepare a 3-year project pipeline that can be implemented through PPPs. States will be encouraged to do the same and can seek support from the India Infrastructure Project Development Fund (IIPDF) to develop PPP proposals.

Stock Performance Amid Market Trends

As of 1:06 PM on Saturday, seven out of the 10 Nifty Realty index stocks were trading higher, with Prestige Estates Projects, Macrotech Developers, Sobha, Phoenix Mills, DLF, Oberoi Realty, and Raymond showing gains of up to 6.68%. Meanwhile, Brigade Enterprises, Godrej Properties, and Mahindra Lifespace Developers saw declines of up to 1.87%.

Despite the rally in realty stocks, the broader market was under pressure. The Sensex was down 335 points, trading at 77,165, and the Nifty was at 23,424.30, down by 0.36%.

 

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.

 

Shares of BHEL, Hindustan Construction Company, L&T, Walchandnagar Industries, Thermax, KSB, and Kirloskar Brothers jumped up to 12% on Saturday, February 1. The rise came after Finance Minister Nirmala Sitharaman announced a ₹20,000 crore allocation for the Nuclear Energy Mission in Union Budget 2025.

Small Modular Reactors (SMRs) Plan

While presenting the Budget, the FM stated that at least 5 indigenously developed SMRs would be operational by 2033. This initiative aims to enhance nuclear energy capacity and drive clean energy transition.

India’s 2047 Nuclear Energy Target

The Nuclear Energy Mission for Viksit Bharat plans to develop 100 gigawatts (GW) of nuclear power by 2047. To encourage private sector participation, amendments will be made to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act.

A Digital Budget Tradition

FM Sitharaman presented the Budget using a digital tablet inside a red ‘bahi-khata’ pouch, a tradition she started in 2019 to replace the old Budget briefcase.

 

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.