Gold ETFs Fuel Growth in Passive Funds as Inflows Surge in January 2025; Check Performance

In January 2025, Gold Exchange-Traded Funds (ETFs) played a pivotal role in revitalising passive funds, leading to a significant surge in inflows.

This growth not only contributed to a sharp increase in Assets Under Management (AUM) but also resulted in a notable rise in folio growth.

As investors sought safer havens amid market volatility, Gold ETFs emerged as a key driver for this trend, further reinforcing the growing popularity of passive investing. Check more details on the performance and trends.

Passive Fund Folio Growth: Key Trends from January 2025 and January 2024

The folio growth for passive funds in January 2025 showed a positive trend compared to January 2024. The table below provides a comparison of the folio growth across 12 different categories of passive funds.

Passive Mutual Fund Schemes Folios Jan-25 (in Numbers) Folios Jan-24 (in Numbers) Growth (%)
Silver ETF 6,19,844 1,89,756 226.65%
Equity oriented Index Funds (Domestic) 1,22,27,516 62,53,215 95.54%
Equity oriented ETFs (International ETFs) 7,35,244 3,85,133 90.91%
Other Index Funds 94,728 62,741 50.98%
Equity oriented ETFs (Domestic ETFs) 1,55,09,092 1,06,02,197 46.28%
Gold ETF 64,97,498 49,72,469 30.67%
Income/Debt Oriented Index Funds (Ex-TMIF) 18,757 15,285 22.72%
Income/Debt Oriented Index Funds (TMIF) 1,69,458 1,41,111 20.09

 

AUM of Top 5 ETFs Under Passive Mutual Fund Schemes in January 2025

The overall AUM for passive mutual fund schemes as of January 2025 stood at ₹11,18,927.68 crore, marking a growth of 26.63% from ₹8,83,591.32 Crore in January 2024.

Passive Mutual Fund Schemes AUM Jan-25 (₹ Crore) AUM Jan-24 (₹ Crore) Growth (%)
Silver ETF 13,565.58 3,704.54 266.19%
Gold ETF 51,839.39 27,778.08 86.62%
Equity oriented Index Funds (Domestic) 1,58,301.64 89,217.72 77.43%
Equity oriented ETFs (International ETFs) 14,027.08 10,128.71 38.49%
Equity oriented ETFs (Domestic ETFs) 6,39,212.95 5,20,654.37 22.77%

Note: This table presents data for the top 5 ETFs under the Passive Mutual Fund Scheme, sourced from AMFI.

Gold and Silver ETFs Spark a Passive Fund Revival

In January 2025, Silver ETFs led the AUM growth with an impressive 266.2%, followed by Gold ETFs at 86.6% and equity-oriented domestic index funds at 77.4%. A total of 11 out of 12 passive fund categories saw growth in their AUM, with the only exception being debt index funds (ex-TMIF), which saw a slight contraction of -7.43%.

In terms of folio growth, Silver ETFs again took the lead, with a remarkable 226.65% growth, followed by equity-oriented domestic index funds (95.54%) and equity-oriented international ETFs (90.91%). While most categories experienced folio expansion, the only declines were seen in Fund of Funds (FOFs) investing in overseas active and passive funds.

Conclusion

In conclusion, January 2025 witnessed a strong resurgence in the passive fund market, with Gold and Silver ETFs playing a crucial role in driving both AUM and folio growth. Despite the broader market challenges, these ETFs have proven resilient, capturing investor interest as safe-haven assets.

The overall performance of passive funds reflects continued investor confidence in these low-cost, diversified investment vehicles, underlining the growing shift towards passive investing strategies.

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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.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

EPFO Board to Meet on February 28 Likely to Review Interest Rate for Provident Fund Deposits

The EPFO Board is set to meet on February 28 likely to discuss and finalise the interest rate for provident fund deposits for the 2024-25 financial year. The rate is likely to remain close to 8.25%, despite increased claims and returns, as per news reports.

EPFO Set to Decide 2024-25 Interest Rate

The Employees’ Provident Fund Organisation (EPFO) is likely to maintain the interest rate on provident fund deposits for 2024-25 at above 8%, close to the 8.25% declared for the preceding year when its central board of trustees (CBT) meets on February 28, said people familiar with the matter, as per ET report.

The investment committee and the accounts committee of the EPFO, the erstwhile Finance, Investment and Audit Committee, will meet next week to consider the income and expenditure of EPFO in the current financial year and arrive at a rate of interest that could leave the retirement fund body with a substantial surplus to meet any exigencies, they said.

EPFO Sees Higher Claims and Returns

The current financial year has seen higher returns on EPFO investments and an increase in subscriber base but at the same time, there has been a substantial increase in claim settlements this year, said an official, who did not wish to be identified.

Official data shows that the EPFO has processed more than 50.8 million claims amounting to ₹2.05 lakh crore in 2024-25 compared to 44.5 million claims worth ₹1.82 lakh crore settled in 2023-24.

“The committees concerned are working out the details and are expected to propose such a rate that will be on a par with previous years,” the official said.

EPFO’s Record Income and Interest Rates

The EPFO has more than 65 million subscribers. It had given 8.25% interest for 2023-24 on income of ₹1,07,000 crore, its highest so far, on a total principal amount of about ₹13 lakh crore.

The rate of interest was higher than 8.15% for 2022-23 on income of ₹91,151.66 crore on a principal of ₹11.02 lakh crore.

The interest rate on PF deposits for any given year, proposed by the EPFO, must be approved by the Finance Ministry before it is finalised and credited to the accounts of subscribers.

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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: Sensex Down 199 Points, Nifty ends Below Key 23,000 Mark on February 14, 2025

On February 14, 2025, The BSE Sensex and Nifty 50 closed in the red, marking a subdued end to the trading session. The BSE Sensex fell by 199.76 points, or 0.26%, to close at 75,939.21, while the Nifty 50 dropped 102.15 points, or 0.44%, settling at 22,929.25.

On February 14, 2025, the Nifty 50 opened at 23,096.45, reached a high of 23,133.70, and dipped to a low of 22,774.85 during the session. Despite an early rally, the index faced selling pressure as the day progressed, ultimately closing lower

Why Did the Market Decline on February 14?

Investor sentiment was affected after US President Donald Trump reaffirmed his position on implementing reciprocal tariffs against trade partners.

Additionally, the ongoing outflows from foreign institutional investors (FIIs), who have withdrawn ₹19,077 crore from Indian equities this month, further weighed on market sentiment. Weak corporate earnings also contributed to the overall market pressure.

Top Gainers and Losers

Britannia was one of the top gainers, closing at ₹4,935 with a 0.95% increase, reflecting positive investor sentiment towards the stock. ICICI Bank also saw a modest gain, rising by 0.81% to ₹1,259.

On the other hand, Adani Ports emerged as one of the top losers, falling by 4.63% to ₹1,060.05, indicating negative market sentiment towards the stock. Additionally, Bharat Electronics (BEL) declined by 4.42%, closing at ₹250, contributing to the bearish tone in the market for the day.

Broader Market Indices Performance

The Nifty Smallcap 100 closed at 15,407.20, down by 3.55%, reflecting a significant pullback in small-cap stocks. Similarly, the Nifty Microcap 250 ended the day at 20,736.00, losing 3.42%, highlighting the pressure on even the smaller, more niche market segments.

Oil Prices

As of February 14, 2025, at 04:30 PM, Brent Crude was trading at $75.23, up by 0.28%.

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.

Nifty Realty Index Logs 2nd Straight Weekly Decline for Week Ending Feb 14: What’s Driving the Fall?

The Nifty Realty Index has faced significant downward pressure, registering a 9.45% drop this week ending February 14, 2025, following a slight decline of 0.4% the previous week.

This marks a concerning trend, with the index falling nearly 20% in 2025 year-to-date, reflecting a broad-based decline across all its constituent stocks.

From a January high of 1,040.65, the index has now slipped to 827.45, highlighting the ongoing challenges in the real estate sector.

The continued negative returns from all constituents indicate a weakening outlook, driven by factors such as liquidity concerns and a cautious risk appetite among investors.

Why is the Nifty Realty Index Falling?

The sharp decline in the Nifty Realty Index reflects growing investor concerns about regulatory hurdles, liquidity issues, and a broader market aversion to risk, despite positive moves like the RBI’s recent rate cut.

In January, the index plummeted by 12%, with another 8% drop in February, positioning it as the worst-performing sector in India’s stock market.

Delays in project approvals, and persistent liquidity concerns, all have compounded challenges in the real estate sector.

Top losers in Nifty Realty index on February 14, 2025

The Nifty Realty Index saw significant pressure from its top four draggers, which have the highest weightage in the index. Godrej Properties, with a weightage of 12.5%, saw the largest decline, losing 2.84% and contributing a negative 3.04 to the index.

Oberoi Realty followed with a 3.56% drop, contributing -2.89, and holding a 9.4% weightage. Phoenix Mills, with a 15.01% weightage, experienced a decline of 1.91%, contributing a negative -2.43.

Lastly, Macrotech Developers, which holds the highest weightage of 16.57%, saw a 1.67% fall, contributing -2.35 to the index’s performance.

Historically, Nifty Realty has shown volatility in February, with 6 out of the last 15 years recording negative returns.

Conclusion

The Nifty Realty Index continues to face challenges due to factors like liquidity concerns, regulatory delays, and broader market conditions. With stocks such as Godrej Properties, Oberoi Realty, Phoenix Mills, and Macrotech Developers contributing significantly to the recent declines, the outlook for the sector remains under pressure. Historically, February has seen volatility in the sector, with past trends indicating mixed performance.

 

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.

Concord Biotech’s Share Price Drops 17%; Q3 FY25 Profit Down 2% YoY

Concord Biotech’s Q3 FY25 net profit drops by 2% to ₹75.92 crore, while revenue from operations increases by 1.4%. The company’s EBITDA falls 8%, leading to a 15.02%, the company said in a press release on the stock exchanges.

Concord Biotech’s Q3 FY25 Financial Highlights

The profit stood at ₹75.92 crore in Q3 FY25, down from ₹77.57 crore in the same quarter last year.

The company’s revenue from operations saw a modest increase of 1.4% year-on-year, amounting to ₹244.22 crore in Q3 FY25. However, its profit before tax (PBT) showed a slight decline of 2.13%, reaching ₹75.92 crore for the quarter.

EBITDA also witnessed a decline of 8%, dropping to ₹98 crore compared to ₹105.9 crore in the previous year’s quarter. This led to a reduction in the EBITDA margin by 390 basis points to 40.1% in Q3 FY25, compared to 44% in Q3 FY24.

Concord Biotech Remains Optimistic About Growth

The revenue from the Active Pharmaceutical Ingredients (API) segment grew by 3%, totalLing ₹176.6 crore, while revenue from the formulation business declined by 1% to ₹67.6 crore. The API segment now accounts for 72% of the total revenue, while the formulation business makes up 28%.

Despite these results, Concord Biotech remains optimistic about its future growth. The company expects continued growth in both the API and formulation segments, driven by new product additions and expanding customer bases.

The company is also exploring Contract Development and Manufacturing Organization (CDMO) and Contract Manufacturing Organization (CMO) opportunities with global customers.

Concord Biotech, a research-driven biopharma company, is a leading developer and manufacturer of select fermentation-based APIs, particularly in immunosuppressants and oncology. Despite the short-term setback, the company remains confident in achieving a 25% compound annual growth rate (CAGR) over the next 5 years.

Share Price Performance

Concord Biotech Limited’s share price has witnessed a significant decline, dropping by 19.70% to ₹1,695.70 at 1:35 PM on the NSE as of February 14, 2025, from a previous close of ₹2,111.70. The stock opened at ₹2,000 and hit a low of ₹1,689.40 during the trading session.

 

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.

Persistent Systems Shares in Focus; Acquires SoHo Dragon LT Assets to Strengthen BFSI Sector

Persistent Systems has signed an asset purchase agreement with SoHo Dragon LT, UAB, for assets worth $2.01M. The deal includes employees, contractors, and a $1.65M annual revenue stream, aimed at boosting BFSI sector relations, the company said in a press release on the stock exchanges.

Persistent Systems Agreement Details

Persistent Systems, a leading IT services company, has recently entered into an agreement to acquire specific assets from SoHo Dragon LT, a company based in Lithuania. This move is part of Persistent’s strategy to expand and solidify its position in the BFSI (Banking, Financial Services, and Insurance) sector. 

The transaction is valued at $2.01 million and includes both upfront and performance-based payments.

The assets being acquired primarily include a select group of employees and contractors from SoHo Dragon LT, which specialises in providing IT services to customers in the BFSI domain. This acquisition is expected to help Persistent Systems strengthen its relationship with a major customer in this important sector.

 

Strategic Benefits for Persistent Systems

The deal includes an upfront payment of $1.07 million, with an additional earnout of up to $0.83 million over the next three years, based on the achievement of specific performance goals. Furthermore, a retention payment of $0.11 million will be made to ensure the retention of key employees from SoHo Dragon LT.

Founded in 2020 and headquartered in Kaunas, Lithuania, SoHo Dragon LT offers a wide range of IT services, including software application development, business intelligence, and data warehousing. This acquisition will allow Persistent Systems to enhance its capabilities in these areas, which are crucial for businesses in the BFSI sector.

The transaction is expected to be completed within 4 to 8 weeks, pending the satisfaction of customary closing conditions. Persistent Systems believes that this acquisition will be an important step in its ongoing efforts to strengthen its offerings and cater to the growing demands of the BFSI industry

Share Price Performance

Persistent Systems Limited is experiencing a decline in its stock price, with a drop of 149.75 points, or a 2.64% decrease at 12:30 PM on the NSE. The previous close was at ₹5,663.30, and the stock opened at ₹5,700.00, reaching a high of ₹5,728.85 and a low of ₹5,490.10. The stock is currently priced at ₹5,513.55. 

 

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.

Titagarh Rail Systems Share Price Falls 5%; Q3 FY25 Net Profit Drops 16% YoY

Titagarh Rail Systems’ share price dropped by up to 5.54% to ₹803 on February 14, 2025, following the release of its Q3 FY25 financial results. The company reported a 16% YoY decline in profit, along with a decrease in revenue and operating earnings.

Titagarh Rail Systems Q3 FY25

The decline in Titagarh Rail’s share price was driven by its weak performance in Q3 FY25, where the company’s profit fell 16% YoY to ₹62.8 crore, down from ₹74.8 crore in Q3 FY24.

Revenue for the quarter also slipped by 5.5% YoY, dropping to ₹902.2 crore from ₹954.7 crore.

At the operating level, the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) saw a decline of 9.6%, falling to ₹100.1 crore in Q3 FY25, from ₹110.7 crore in Q3 FY24.

Consequently, the EBITDA margin contracted by 50 basis points to 11.1% in Q3 FY25, compared to 11.6% in the same period last year.

About Titagarh Rail Systems

Titagarh Rail Systems Limited, formerly known as Titagarh Wagons Limited, is a Kolkata-based private-sector manufacturer of rolling stock, established in 1984. Originally starting as a rolling stock foundry, the company later expanded into the production of complete freight wagons.

Currently, Titagarh Rail specialises in the design, manufacture, and supply of various railway products, such as freight wagons, metro coaches, semi high-speed trains, and passenger coaches.

Share Price Performance

Titagarh Rail Systems Limited’s share price witnessed a decline of 5.18%, dropping to ₹806.10 on February 14, 2025, as of 10:23 AM on the NSE. The stock opened at ₹811 and reached a high of ₹828, but soon fell to a low of ₹805.15 during intraday trading.

The decline in Titagarh Rail Systems’ stock price today erased the gains made in the previous two sessions, which had seen an increase of nearly 1.5%.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a pe₹onal 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.

Senco Gold Share Price Slumps 18%; Q3 FY25 Net Profit Down 69% YoY

Senco Gold Limited’s share price saw a significant drop of 18.05%, trading at ₹366.30 as of 10:03 AM IST on February 14, 2025. The stock opened at ₹380.00 and reached a low of ₹362.90, reflecting investor concerns following the company’s weaker-than-expected financial results for Q3 FY25.

Today’s fall ended Senco Gold’s two-day gaining streak of approximately 1.3%.

Senco Gold’s Q3 FY25 Financial Highlights

The company’s PAT fell to ₹33.48 crore in the October- December quarter of fiscal year 2025, compared to ₹109.32 crore in the same period last year, while the adjusted PAT also saw a similar 50.9% decline, dropping to ₹53.74 crore.

Despite the sharp drop in profits, the company reported a 27.3% increase in revenue from operations, which rose to ₹2,102.55 crore in Q3FY25 from ₹1,652.20 crore in the same period last year.

However, EBITDA declined by 55.8% year-on-year, falling to ₹79.96 crore from ₹181.1 crore in the corresponding period last year, and the adjusted EBITDA also decreased by 40.4%, dropping to ₹107.55 crore.

As a result, the EBITDA margin contracted significantly, falling to 3.8% in Q3FY25 from 11.0% in Q3FY24.

Senco Gold Targets 7%-8% EBITDA Margin, Remains Optimistic

Senco Gold attributed the margin pressure to the impact of custom duties but remains optimistic about its long-term prospects.

The company aims to achieve an annualised EBITDA margin of 7%-8%, excluding one-off events, and has stated that the lower margins in October- December quarter were temporary.

The adjusted EBITDA margin for the first nine months was 6.0%, and the company expects improvement in the fourth quarter, driven by its brand positioning and operational leverage. Senco Gold also plans to enhance sales through premium offerings and pricing strategies, with the goal of becoming the second most trusted brand in the jewellery 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.

Reliance Brings Shein Back in India, Here Are the Listed Competitors – Trent, ABFRL, Among Others

Fast fashion is renowned not only for its ability to deliver the latest runway trends but also for its affordability. In 2023, the global fashion industry was valued at an impressive $1.7 trillion. While India’s overall fashion market grew by just 6% in FY24, the fast fashion sector saw a robust 30-40% year-on-year growth, with projections estimating it could reach a worth of $50 billion by FY31.

Shein’s return to the fast fashion market in India has sparked intense competition, as the Chinese brand, revived by Reliance Retail, now competes with other established fashion labels from publicly listed companies to online first brands.

This re-entry into the market is fuelling a competitive landscape, with multiple brands striving to capture the attention of Indian consumers and secure their place in the evolving fashion space.

In this article, we discuss the key players vying for dominance and also elaborate on the dynamic and evolving fast fashion industry in India.

List of Shein’s Competitors in India

1. Trent Ltd

Trent is a Tata Group company that owns the fast fashion brand Zudio. Trent’s other brands like Westside and Utsa, have made significant strides in disrupting the Indian fashion market.

Zudio is one of the largest and most popular fast fashion brands among Gen Z in India. Its affordable pricing and trendy collections have made it a go-to choice for the younger generation.

Zudio’s success lies in its strategic approach of targeting tier 2 and tier 3 cities. Instead of relying heavily on advertising, it focused on its store placement strategy, establishing a strong presence in underserved areas with hyper-localised collections and an unbeatable price range starting from ₹29 to ₹49.

2. Aditya Birla Fashion and Retail

Aditya Birla Fashion and Retail Limited (ABFRL) is a fashion retail company based in India, part of the Aditya Birla Group. It owns several well-known brands, including Louis Philippe, Van Heusen, Allen Solly, and Peter England, and also runs Pantaloons and The Collective.

Pantaloons, a division of Aditya Birla Fashion and Retail Ltd, is known for its fast fashion offerings at affordable prices. The brand’s products cater to a wide range of budgets, with MRPs starting from around ₹199, providing accessible fashion options for a broad customer base.

3. Shoppers Stop

Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp, a prominent Indian real estate conglomerate. Shoppers Stop’s value fashion brand, Intune, is making its mark in the competitive fast fashion space by offering affordable clothing.

Intune is currently in competition with other value-driven brands like Trent’s Zudio, offering a similar price range of ₹149-₹999, and positioning itself as an affordable option for shoppers. The brand continues its growth trajectory, marking a significant milestone with the launch of its 50th store in October of the previous year.

4. Future Lifestyle Fashions

Future Lifestyle Fashions, a part of the Future Group, is one of India’s leading retail companies. It plays a key role in shaping the Indian lifestyle fashion market by integrating popular retail destinations such as Central, Brand Factory, and Planet Sports, along with more than 20 domestic and international fashion brands.

Brand Factory, in particular, is India’s largest chain of fashion discount stores, offering discounts ranging from 20% to 70% on over 200 Indian and global brands, available every day of the year.

List of Shein’s Competitors- Online First Brands

1. Urbanic

Urbanic, a brand known for its stylish and premium fashion, has launched a new venture called Savana, aimed at catering specifically to Gen Z women. With a direct-to-consumer (D2C) model, Savana enhances customer engagement by allowing a more personalised connection with its audience.

The brand quickly became the beloved alternative to Shein after the latter’s sudden exit.

2. Newme

NEWME, a tech-driven, online-first fashion brand founded just over 2 years ago, has quickly expanded its offerings beyond clothing for the Gen Z demographic. The company has recently ventured into accessories, which have been performing well, and is now planning to introduce perfumes and hair colours.

With its services now available in 26 pin codes across Delhi NCR and Bengaluru, NEWME has seen offline sales contribute to around 22% of its overall business, with the majority still driven by its online platform.

3. Myntra FWD

Myntra FWD, a brand tailored for trendsetters aged 18 to 25 in India, captures a significant portion of traffic from Tier 2 and 3 cities, accounting for 40%-45% of Myntra’s app visitors.

Offering a wide range of stylish yet affordable clothing, many of the items are priced between ₹500–₹650, making it accessible to a broader audience.

Conclusion

In conclusion, the return of Shein to the Indian fast fashion market through Reliance Retail has intensified the competition among both traditional and online-first brands. With key players like Zudio, Pantaloons, Shoppers Stop, and Future Lifestyle Fashions, along with emerging online brands such as Urbanic, NEWME, and Myntra FWD, the landscape is becoming increasingly dynamic.

These competitors are leveraging diverse strategies, from hyper-localised collections and targeted pricing to strong digital engagement, to capture the attention of Indian consumers. As the fast fashion sector continues to grow, these brands will play a crucial role in shaping the future of fashion retail in India.

 

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.

Deepak Nitrite Share Price Hits Lower Circuit; Q3 FY25 Net Profit Drops Over 50% YoY

Deepak Nitrite Limited (DNL) reported a sharp 51.5% year-on-year (YoY) decline in net profit for Q3 FY25, which stood at ₹98 crore, compared to ₹202 crore during the same period last year. The decline was mainly due to lower sales and a notable drop in operating margins.

Revenue decreased by 5.3% YoY, amounting to ₹1,903.4 crore, down from ₹2,009.2 crore, reflecting weaker demand in key segments.

EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) also saw a significant 44.7% YoY fall to ₹168.5 crore, compared to ₹304.6 crore in Q3 FY24, impacted by higher input costs and reduced realizations.

Deepak Nitrite- Chemical Manufacturer Faces Margin Pressure

Operating margins narrowed sharply to 8.9% from 15.2% in the same quarter last year, reflecting cost pressures and decreased pricing power. These results are in line with the broader challenges facing the chemical industry, with weak demand from end-user sectors such as paints, cosmetics, and pharmaceuticals.

Deepak Nitrite Limited is a prominent Indian chemical manufacturer, producing intermediates for industries such as agrochemicals, paints, cosmetics, and pharmaceuticals. The company has been facing margin pressures due to rising raw material costs and slower recovery in key sectors.

Share Price Performance

Deepak Nitrite’s share price touched a lower circuit at ₹2,013.15 at 9:30 AM on February 14, 2025, marking its new 52-week low. The stock has been under pressure due to weak financial results and challenging market conditions.

At 9:45 AM Deepak Nitrite’s share price traded at ₹223.80, down 10%, from the previous close. The stock opened at ₹2,050.10 and reached a low of ₹2,014.45.

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.