IREDA plans to launch its ₹4,500 crore Qualified Institutional Placement (QIP) in the current January-March quarter, as confirmed by IREDA CMD Pradip Kumar Das. While the exact details are yet to be disclosed, Das emphasised the need to maintain investor confidence as the company moves forward with the QIP.

The government, which currently holds a 75% stake in IREDA, is likely to dilute up to 7% of its stake through this initiative.

Retail Subsidiary in the Pipeline

Last year, IREDA approved the establishment of a retail subsidiary and has submitted a business plan to the Reserve Bank of India (RBI) for approval. Das stated that while the timeline depends on RBI’s decision, the company aims to begin operations by the end of this fiscal year or early next.

Das highlighted that transitioning from project loans to retail loans is a significant shift and plans to adopt a “slow but steady” approach in this area.

Asset Quality Deterioration in the December Quarter

During the December quarter, IREDA’s asset quality saw a decline:

• Gross NPA rose to 2.68% from 2.19% in September.
• Net NPA increased to 1.5% from 1.04%.

A significant portion of the ₹433 crore rise in Gross NPA came from a waste and bio-energy account slipping into non-performing assets. However, Das expects NPAs to improve in the coming quarters.

Stock Performance

IREDA share price is trading at ₹207.94, up by ₹6.79 (3.38%) as of 10:52 AM on January 13. Over the past year, the stock has surged by ₹86.19, reflecting a 70.76% increase.

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

 

The government has partially restored the allocation of affordable natural gas (APM gas) to city gas retailers, including Indraprastha Gas Ltd (IGL), Adani Total Gas, and Mahanagar Gas Ltd. This move follows a significant reduction in gas supplies in late 2024, which had forced retailers to increase prices and rely on costlier alternatives.

APM Gas Cuts and Price Impact

In October and November 2024, the government reduced the supply of APM gas by up to 40%, citing limited production from older fields like Mumbai High and Bassein. As a result, city gas retailers raised CNG prices by ₹2-3 per kg, making it less attractive compared to diesel.

Revised Allocations Effective January 2025

On December 31, 2024, the Ministry of Petroleum and Natural Gas announced a reallocation of gas supplies. It diverted 1.27 million standard cubic meters per day (mmscmd) of gas—previously used for LPG production—to the CNG and piped gas segments for the January-March 2025 quarter. This reallocation aims to stabilise the market and reduce costs for city gas retailers.

Starting January 16, 2025, gas allocations to city gas companies have been revised:

• IGL: Allocation increased by 31%, raising the share of APM gas for CNG from 37% to 51%.
• Adani Total Gas: Allocation increased by 20%.
• Mahanagar Gas: Allocation increased by 26%, raising the share of APM gas for CNG to 51%.

These changes are expected to lower retail prices and positively impact profitability.

Challenges for GAIL and ONGC

To accommodate the increased allocation for city gas retailers, state-owned GAIL and ONGC will need to use costlier gas from new fields or imported liquefied natural gas (LNG) for LPG production. The additional production costs are likely to be subsidised by the government.

Supply Restoration and Future Outlook

The government is restoring about half of the previously cut supply and plans further restoration as new wells and fields, such as Ramnad, begin production. However, declining production from older fields, which supply APM gas, continues to challenge the sector, with annual output falling by approximately 5%.

Despite these challenges, the increased APM gas allocation offers relief to city gas retailers and is expected to stabilise the CNG and piped cooking gas segments in the near term.

 

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

Blue chip stocks are shares in well-established companies with strong financial health. These stocks are known for their stability, consistent growth, regular dividends, and solid brand reputation. Blue chip stocks are less influenced by economic downturns, making them a reliable option for long-term investment portfolios. In this article, we will explore the top blue chip stocks list in India for january 2025, based on their market capitalisation.

Best Blue Chip Stocks In India In January 2025 – Based on Market Cap

Note: The top 10 blue chip stocks in India list have been selected from the Nifty 50 universe and sorted based on market capitalisation as of January 9, 2025.

Overview Of Best Blue Chip Stocks In India

1. Reliance Industries Limited

Reliance Industries Limited is a large Indian company based in Mumbai, Maharashtra. It operates in number of sectors, including energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.

For the quarter ending September 2024, the company reported a revenue of ₹1,34,054 crore and a net profit of ₹7,713 crore. In comparison, the revenue for June 2024 was ₹1,34,331 crore, with a net profit of ₹7,611 crore. 

Key metrics: 

• Earning per share (EPS):₹27.00
• Return on equity (ROE): 6.97%

2. Tata Consultancy Services

Tata Consultancy Services (TCS) is an Indian global technology company that provides IT services and consulting. Based in Mumbai, it is part of the Tata Group and has operations in 150 locations across 46 countries. TCS is the second-largest Indian company by market value.

In September 2024, the company reported a revenue of ₹53,990 crore and a net profit of ₹12,994 crore. In June 2024, the revenue was ₹52,844 crore, with a net profit of ₹12,115 crore. 

Key metrics: 

• EPS: ₹130.61
• ROE: 56.42%

3. HDFC Bank

HDFC Bank is an Indian bank and financial services company based in Mumbai. It is the largest private sector bank in India by assets and the tenth-largest bank in the world by market value.

In September 2024, the company reported a revenue of ₹74,016.91 crore and a net profit of ₹16,820.97 crore. In June 2024, the revenue was ₹73,033.14 crore, with a net profit of ₹16,174.75 crore. 

Key metrics: 

• EPS: ₹86.14
• ROE: 14.31%

4. Bharti Airtel

Bharti Airtel is a global telecommunications company headquartered in New Delhi. It operates in 18 countries across South Asia, Africa, and the Channel Islands. Airtel offers 5G, 4G, and LTE Advanced services across India.

In September 2024, the company reported a revenue of ₹26,984.50 crore and a net profit of ₹2,517.60 crore. In June 2024, the revenue was ₹24,917.10 crore, with a net profit of ₹2,469.20 crore.

Key metrics: 

• EPS: ₹13.52
• ROE: 7.95%

5. ICICI Bank

ICICI Bank is 2nd largest private sector bank in India, offering various financial services to individuals, small and medium-sized businesses, and corporate clients. The bank has many branches, ATMs, and other customer service points. The ICICI group is also involved in industries like life and general insurance, housing finance, and primary dealerships through its subsidiaries and affiliates.

For the quarter ended September 2024, ICICI Bank reported a revenue of ₹40,537.38 crore and a net profit of ₹11,745.88 crore. In comparison, for June 2024, the revenue was ₹38,995.78 crore, with a net profit of ₹11,059.11 crore. 

Key metrics: 

• EPS: ₹62.14
• ROE: 16.87%

What Are Blue Chip Stocks in India?

Blue chip stocks are shares of large cap companies with a history of steady financial performance. These companies, listed on the National Stock Exchange (NSE), are known for their ability to withstand market fluctuations and economic challenges.

Features of Blue Chip Stocks in India

• Stable Returns

Blue chip stocks are financially strong and provide stable returns, though not as high as small or mid-cap stocks. They help diversify portfolios and reduce risk.

• Regular Dividends

These stocks often pay dividends regularly, rewarding investors for their faith in the company. While the amount may vary based on performance, dividends are a way to share profits with shareholders.

• Safety From Risk

Blue chip companies are financially strong, well-managed, and usually have low debt, making them less volatile compared to smaller companies. They’re more resilient during market downturns.

• Ideal for Long-Term Investors

Blue chip stocks are best suited for investors looking for long-term stability and growth amidst market fluctuations.

Risks of Investing in Blue Chip Stocks

While blue chip stocks are generally safe, there are some risks to consider:

• Slower Growth

These companies are mature, so their growth may not be as fast as smaller, high-growth companies. They are more stable but offer fewer opportunities for quick profits.

• Overvaluation

Because blue chip stocks are seen as safe, their prices may sometimes rise too high, making them overvalued. If you overpay, it could limit future returns and increase risk if the market corrects.

Conclusion

Blue chip companies are known for their stable business models and consistent returns, often offering regular dividends. This makes them a better choice for conservative investors. While they provide stability during market fluctuations, investors who are willing to take on some risk can benefit from including blue chip stocks in their portfolios. However, these companies can still face economic challenges, such as recessions. Therefore, it’s crucial to diversify your investments by including different types of stocks.

 

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

On January 10, 2025, Indian markets declined for the second day in a row, ending the week on a negative note. 

The Sensex, comprising 30 major stocks, fell by 241.30 points (0.31%) to close at 77,378.91. Throughout the day, it traded within a range of 77,099.55 to 77,919.70. Similarly, the Nifty50 also closed in the red, dropping 95 points (0.40%) to finish at 23,431.50. It reached a high of 23,596.60 and a low of 23,426.55 during the session.

Here are the weekly top gainers and losers as of January 10, 2025:

Top Gainers of the Week

 

• PTC Industries

PTC Industries Share Price closed at ₹17,083.2, down by 1.8% today, but gained 28.40% over the week and 46.90% over the month.

• Vijaya Diagnostic Centre

Vijaya Diagnostic Centre Share Price ended at ₹1,241.8, up 1.7%, with weekly and monthly gains of 18.20% and 9.90%, respectively.

• SRF 

SRF Share Price settled at ₹2,601.1, down 2.7%, but showed gains of 16.90% for the week and 13.00% for the month.

• ITI 

ITI Share Price finished at ₹442.7, up by 0.5% today, gaining 16.20% this week and 20.30% over the month.

• Saregama India 

Saregama India Share Price closed at ₹529.6, down 4.1% today, but managed weekly and monthly gains of 10.70% and 4.60%, respectively.

Top Losers of the Week

• Kalyan Jewellers India

Kalyan Jewellers India Share Price fell 5.4% to ₹626.8 today, with losses of 20.50% for the week and 19.20% for the month.

• K E C International

K E C International Share Price dropped 3.6% to ₹976.1, recording weekly and monthly losses of 19.50% and 17.60%, respectively.

• Inox Wind

Inox Wind Share Price declined 4.6% to ₹155.4 today, losing 17.70% over the week and 25.60% for the month.

• Techno Electric & Engineering Company

Techno Electric & Engineering Company Share Price ended at ₹1,399.1, down 5.8% today, with weekly and monthly losses of 17.30% and 4.90%, respectively.

• Godrej Industries

Godrej Industries Share Price fell 3.3% to ₹994.4, with declines of 16.70% for the week and 6.60% over the month.

 

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

On January 10, 2025, Indian markets fell for the second straight session, ending the week on a negative note. The Sensex dropped 241.30 points (0.31%) to close at 77,378.91, trading within a range of 77,099.55 to 77,919.70 during the day.

The Nifty50 also closed lower, down 95 points (0.40%) at 23,431.50. It reached a high of 23,596.60 and a low of 23,426.55 during the session.

Here are the top gainers and losers for January 10, 2025:

Top Gainers of the Day

• TCS

Tata Consultancy Services Share Price rose by 5.6% to ₹4,265.00 after opening at ₹4,200.00 and hitting a high of ₹4,297.00.

• Tech Mahindra (TECHM)

Tech Mahindra Share Price gained 3.59%, ending at ₹1,701.80 with a high of ₹1,714.00.

• HCL Technologies (HCLTECH)

HCL Technologies Share Price advanced 3.22% to ₹1,997.10 after reaching a high of ₹2,002.35.

• Infosys (INFY)

Infosys Share Price increased by 2.53%, closing at ₹1,965.80.

• Wipro

Wipro Share Price added 2.51%, ending at ₹299.65.

Top Losers of the Day

• Shriram Finance 

Shriram Finance Share Price dropped 5.3% to ₹532.15, dipping from an open of ₹566.00.

• IndusInd Bank (INDUSINDBK)

IndusInd Bank Share Price fell by 4.29%, closing at ₹938.80.

• Adani Enterprises (ADANIENT)

Adani Enterprises Share Price declined 3.95% to ₹2,380.10, with a low of ₹2,368.25.

• NTPC 

NTPC Share Price lost 3.79%, ending at ₹308.20.

• Bharat Electronics

Bharat Electronics Share Price decreased by 3.72%, closing at ₹270.80.

 

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

 

On January 10, 2025, Indian stock markets, including the BSE Sensex and Nifty50, showed modest gains or remained nearly flat during a volatile Friday session.

By 12 PM, the BSE Sensex was up 97.73 points (0.13%) at 77,717.94, while the Nifty50 was slightly higher by 2.15 points (0.01%) at 23,528.65. Among sectors, only the IT index gained 2%, while most other sectoral indices fell by around 1%.

As of January 10, 2025, 12:15:20 IST, the mid-day top gainers and losers are:

Mid-Day Top Gainers 

• TCS

Tata Consultancy Services Share Price surged 5.97%, opening at ₹4,200.00, hitting a high of ₹4,292.65, and closing at ₹4,280.00.

• Tech Mahindra (TECHM)

Tech Mahindra Share Price rose 3.90%, starting at ₹1,653.10, peaking at ₹1,711.00, and ending at ₹1,706.80.

• Wipro

Wipro Share Price gained 3.30%, opening and closing at ₹294.30 and ₹301.95, respectively.

• Infosys (INFY)

Infosys Share Price advanced by 2.73%, beginning at ₹1,937.00 and closing at ₹1,969.55.

• HCL Technologies (HCLTECH)

HCL Technologies Share Price added 2.39%, starting at ₹1,936.00 and ending the day at ₹1,981.00.

Mid-Day Top Losers

• Shriram Finance (SHRIRAMFIN)

Shriram Finance Share Price lost 3.91%, opening at ₹566.00, dipping to ₹529.00, and closing at ₹539.95.

• IndusInd Bank (INDUSINDBK)

IndusInd Bank Share Price declined by 3.64%, starting at ₹971.75 and ending at ₹945.15.

• Adani Enterprises (ADANIENT)

Adani Enterprises Share Pric fell 2.72%, opening at ₹2,480.00 and closing at ₹2,410.45.

• Sun Pharma (SUNPHARMA)

Sun Pharmaceuticals Industries Share Price dropped 2.47%, starting at ₹1,825.45 and closing at ₹1,781.30.

• Hindalco

Hindalco Industries Share Price slipped 2.43%, opening at ₹586.00 and closing at ₹574.95.

 

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