Top Gainers and Losers on February 05, 2025: Hindalco Industries, ONGC Shine

On February 5, 2025, the Indian stock market benchmark index BSE and the Nifty closed in the red. The BSE Sensex was down by 0.40% closing at 78,271.28, while the Nifty50 was down by 0.18% at 23,696.30. Among sectors, the Nifty FMCG and Nifty Realty indices saw a fall of more than 1.5%.

Top Gainers of the Day

Symbol LTP % Change Volume
HINDALCO 600.9 2.9 39,74,698
ITCHOTELS 168.45 2.88 1,82,20,346
ONGC 261.05 2.74 1,15,90,331
APOLLOHOSP 6958 2.44 3,89,639
BPCL 261.55 2.19 1,00,87,187

 

  • Hindalco Industries 

Hindalco reached a day’s high of ₹604.50, showing a positive movement of 2.90% from its previous close of ₹583.95.

  • ITC Hotels

ITC Hotels hit a day’s high of ₹170.30, reflecting a 2.88% increase from its previous close of ₹163.74. ITC Hotels was removed from the Sensex and other BSE indices before trading began today.

  • Oil & Natural Gas Corporation

ONGC’s share price reached a high of ₹263, marking a 2.74% gain from the previous close of ₹254.10.

  • Apollo Hospitals Enterprise

Apollo Hospitals saw a high of ₹7,008, which represents a 2.44% rise from the previous close of ₹6,792.20.

  • Bharat Petroleum Corporation

BPCL’s stock peaked at ₹265.65, reflecting a 2.19% increase from its previous close of ₹255.95.

Top Losers of the Day

Symbol LTP % Change Volume
ASIANPAINT 2,274.20 -3.4 34,74,515
TITAN 3490 -2.99 21,65,902
NESTLEIND 2,249.45 -2.17 14,75,211
BRITANNIA 4930 -1.96 3,84,948
TATACONSUM 1,014.95 -1.86 16,28,435

  • Asian Paints

Asian Paints reached a day’s low of ₹2,237.25 and closed at ₹2,267.80, reflecting a decline of 3.40% from the previous close of ₹2,354.35. Asian Paints reported a 23% decline in its consolidated net profit for Q3 FY25, amounting to ₹1,110 crore compared to ₹1,448 crore in the same period last year.

  • Titan Company

Titan’s stock hit a day’s low of ₹3,472.20 and closed at ₹3,525.11, marking a 2.99% drop from the previous close of ₹3,597.70. The company saw a 25% year-over-year (YoY) rise in total income, reaching ₹17,723 crore, but reported a slight 0.6% decline in consolidated net profit for Q3, which amounted to ₹1,047 crore on Tuesday.

  • Nestle India

Nestle India’s share price fell to a low of ₹2,225.25 and closed at ₹2,243.50, showing a 2.17% decline from the previous close of ₹2,299.45. It has revealed plans to boost its confectionery production by adding a new KitKat line at its Sanand factory in Gujarat.

  • Britannia Industries

Britannia’s stock touched a low of ₹4,924.35 and closed at ₹4,963.00, representing a decrease of 1.96% from the previous close of ₹5,028.35. Britannia’s Chief Marketing Officer, Amit Doshi, has stepped down after serving a three-year term.

  • Tata Consumer Products

Tata Consumer Products reached a day’s low of ₹1,010.55 and closed at ₹1,019.57, reflecting a 1.86% decrease from the previous close of ₹1,034.20.

 

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.

No Income Tax on ₹12.75 Lakh; How will Higher Income be Taxed After Budget 2025?

In her Budget 2025 speech, Finance Minister Nirmala Sitharaman announced a major relief for individuals earning up to ₹12 lakh by exempting them from income tax. With the ₹75,000 standard deduction, the exemption limit effectively rises to ₹12.75 lakh.

While the tax slabs for higher incomes remain unchanged, the introduction of a rebate up to ₹12 lakh and the clause of marginal relief for income slightly above 12 lakh provides added relief to the taxpayers. Let’s explore what these changes mean across different income scenarios and understand their impact.

How does the Rebate Work on an Income of ₹12 Lakh?

Before Union Budget 2025 Parameter After Union Budget 2025
₹12,75,000 Salary ₹12,75,000
₹75,000 Standard Deduction ₹75,000
₹12,00,000 Taxable Income ₹12,00,000
N/A Rebate for Income Up to ₹12 Lakh ₹60,000
₹80,000 Tax Liability ₹0
₹3,200 Cess (4%) N/A
₹83,200 Total Tax Liability ₹0

Before Budget 2025, Ankit, a salaried individual earning ₹12.75 lakh annually, faced a tax liability of ₹80,000 after applying the ₹75,000 standard deduction. With a 4% cess, his total tax liability came to ₹83,200. However, after Budget 2025, the game changed.

Now, thanks to the ₹60,000 rebate on incomes up to ₹12 lakh, Ankit’s tax liability drops to ₹0, saving him the entire ₹83,200. This change significantly benefits Ankit, making the new tax regime much more favourable for those within the ₹12 lakh income bracket.

Marginal Relief for Taxpayers with Incomes Slightly Above ₹12 Lakh

Ravi (₹12.75 Lakh Salary) Parameter Meera (₹13 Lakh Salary)
₹12,75,000 Pre-Tax Income ₹13,00,000
₹75,000 Standard Deduction ₹75,000
₹12,00,000 Taxable Income ₹12,25,000
₹0 Tax Liability ₹63,750
₹0 Marginal Relief Applied ₹25,000
₹0 Cess (4%) ₹1,000
₹0 Total Tax Payable ₹26,000
₹12,75,000 Post-Tax Income ₹12,74,000

Let’s break down the scenario with two individuals, Ravi and Meera, who have salaries of ₹12.75 lakh and ₹13 lakh, respectively. Both of them are eligible for a standard deduction of ₹75,000.

For Ravi, after applying the standard deduction, their taxable income comes down to ₹12 lakh. Due to the budget provision, Ravi receives a full rebate on the tax liability, meaning they do not have to pay any tax on their income. As a result, Ravi’s post-tax income remains ₹12.75 lakh, the same as their pre-tax income.

On the other hand, Meera earns ₹13 lakh, and after applying the standard deduction, their taxable income becomes ₹12.25 lakh. Based on the tax slabs, Meera’s tax liability is ₹63,750. However, since her income exceeds ₹12 lakh by ₹25,000, she is eligible for marginal relief. This relief reduces her tax liability to ₹25,000, which is the exact amount of income exceeding ₹12 lakh. Additionally, Meera has to pay a 4% cess on the ₹25,000 tax, which amounts to ₹1,000. Therefore, Meera’s total tax payable is ₹26,000 (₹25,000 + ₹1,000).

After deducting the tax, Meera’s post-tax income comes to ₹12.74 lakh, which is ₹1,000 less than Ravi’s post-tax income. This scenario demonstrates how marginal relief works, allowing individuals earning just above ₹12 lakh to reduce their tax burden, but it still results in a slightly lower post-tax income compared to someone earning ₹12.75 lakh.

How Much Tax Will You Have to Pay on ₹18 Lakh Salary After Budget 2025?

Before Union Budget 2025 Parameter After Union Budget 2025
₹18,00,000 Salary ₹18,00,000
₹75,000 Standard Deduction ₹75,000
₹17,25,000 Taxable Income ₹17,25,000
30% Tax Rate 20%
₹2,07,500 Tax ₹1,45,000
₹8,300 Cess (4%) ₹5,800
₹2,15,800 Total Tax Liability ₹1,50,800

Before the Budget 2025, Rajesh, a salaried individual earning ₹18 lakh annually, paid ₹2,07,500 in tax after accounting for the ₹75,000 standard deduction, bringing his taxable income to ₹17,25,000. Adding the 4% cess of ₹8,300, his total tax liability came to ₹2,15,800.

However, post-Budget 2025, Rajesh benefits from a revised tax structure. His tax liability now drops to ₹1,45,000, reducing his total tax liability (after cess) to ₹1,50,800. While the rebate is still applicable only for income up to ₹12 lakh, Rajesh still enjoys significant tax relief under the new regime.

How Much Tax Will You Have to Pay on ₹25 Lakh Salary After Budget 2025?

Before Budget 2025 Parameter After Budget 2025
₹25,00,000 Salary ₹25,00,000
₹75,000 Standard Deduction ₹75,000
₹24,25,000 Taxable Income ₹24,25,000
₹4,17,500 Tax ₹3,07,500
₹16,700 Cess (4%) ₹12,300
₹4,34,200 Total Tax Liability ₹3,19,800

Before Budget 2025, Priya, earning ₹25 lakh annually, was subject to a tax liability of ₹4,17,500 after applying the ₹75,000 standard deduction, resulting in a taxable income of ₹24,25,000. After accounting for the 4% cess of ₹16,700, her total tax liability amounted to ₹4,34,200.

Post-Budget 2025, the new changes brought relief for Priya as well. Her tax liability now drops to ₹3,07,500, which, after the 4% cess of ₹12,300, reduces her total liability to ₹3,19,800. Though the rebate is still applicable only for incomes up to ₹12 lakh, the overall tax burden has decreased by ₹1,14,400, providing significant savings under the new regime.

 

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.

How to Apply for MSME Loans and Make the Most of the Union Budget 2025 Credit Boost?

The Union Budget 2025 has brought forward several transformative measures to boost the growth and access to credit for Micro, Small, and Medium Enterprises (MSMEs) in India.

One major initiative is the doubling of the credit guarantee limit for MSMEs from ₹5 crore to ₹10 crore. Additionally, the Finance Minister raised the turnover and investment thresholds for MSME classification by 2 and 2.5 times, expanding the reach of these benefits to a larger number of businesses.

With increased investment and turnover limits, along with enhanced credit guarantees, the budget aims to empower MSMEs, especially startups and first-time entrepreneurs, and support their expansion in the global market.

To make the most of these opportunities, it’s important to understand how to apply for MSME loans effectively and take full advantage of the enhanced credit facilities. Here’s how you can apply.

Easy Loan Access for MSMEs: Key Portals

  • 59-minute loan portal Online PSB Loans Ltd

Launched by the government, this portal allows MSMEs to receive in-principle approval for loans within just 59 minutes. It is supported by a consortium of public sector banks and is powered by AI and machine learning technologies. The portal is managed by Online PSB Loans Ltd, which is backed by SIDBI and other public sector banks.

  • Banks and Financial Institutions

Several banks and financial institutions offer MSME loans to support the growth and development of small businesses. Some of the prominent lenders include: the State Bank of India (SBI), HDFC Bank, ICICI Bank, and Axis Bank. One can apply for MSME loans through Net Banking.

Additionally, a variety of other financial entities such as Non-Banking Financial Companies (NBFCs), Small Finance Banks (SFBs), and Regional Rural Banks (RRBs) also play a significant role in providing financing solutions for MSMEs. These institutions offer tailored loan products and services designed to address the specific needs of small and medium-sized enterprises.

Moreover, Microfinance Institutions (MFIs) offer specialised loans to help the smallest businesses and entrepreneurs access capital to kick-start or expand their operations.

Essential Documents Needed for MSME Loan Application

To apply for an MSME loan through the platform, you will need to have the following documents ready:

  1. PAN Card: Required for verification.
  2. Income Tax Return (ITR): To confirm your tax filing history.
  3. GST Details: Information about your Goods and Services Tax registration.
  4. Bank Statement: To verify your financial health.
  5. Key Person Details: Information about the key individuals in your business.
  6. Business Registration Proof: To confirm your MSME registration.

Ensure these documents are available and uploaded as per the platform’s instructions to streamline the loan application process.

How to Apply for an MSME Loan: Simple Steps to Follow

  1. First, visitwww.psbloansin59minutes.com and create an account or log in.
  2. Once logged in, locate and click on the ‘Loan’ option on the right side of the page.
  3. Select ‘Create New’ to start a fresh loan application, then choose the MSME loan option and click ‘Apply Now.’
  4. Enter your PAN number and proceed by clicking ‘Next.’
  5. Confirm your eligibility by answering questions about your Income Tax return filings, defaults, and whether your business is registered as an MSME.
  6. Give your consent and proceed by clicking ‘Proceed.’
  7. Upload the necessary documents, including your GST details, Income Tax returns, bank statements, and information about key individuals in your business.
  8. Click ‘One Form’ to fill out the loan requirements and business details, then click ‘Proceed.’
  9. After submitting all the required information, click on ‘Apply for Loan.’
  10. If your loan request matches any existing products, a pop-up window will appear asking you to verify your email address.
  11. You’ll then see a list of loan products that match your application.
  12. Review the available options, choose your preferred lender, and click ‘Proceed.’
  13. Select the lender branch where you’d like to send your loan application.
  14. Based on your details, the lender may issue an in-principle approval letter for your loan.
  15. If no loan products match your request, you can manually submit your application by selecting the lender, state, city, and branch.

Conclusion

The Union Budget 2025 has introduced key measures to boost MSME growth and credit access, with doubled credit guarantees and higher investment thresholds. By understanding how to apply for MSME loans and leveraging platforms like the 59-minute loan portal, small businesses, startups, and entrepreneurs can take full advantage of these opportunities. With the right documents and a streamlined application process, securing funding for your business growth has never been easier.

 

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.

Chinese Brand Shein Returns to India: Now Available on Reliance’s New App

Reliance Retail has reintroduced the Chinese fast fashion brand, Shein, in India, almost 5 years after the ban. Following a successful test launch on Ajio, Shein now operates through a dedicated app on both the AppStore and GooglePlay. This marks a significant development in India’s fast fashion sector, driven by a partnership between Reliance and Shein.

Chinese Fashion Label Shein Returns to India

Reliance Retail has officially brought Shein back to India, launching it on an independent app after a two-month test run on the Ajio platform. Shein, the Chinese fashion label now based in Singapore, is focused on offering affordable, fast fashion to Indian consumers.

Shein signed a partnership in 2023 with Reliance Retail, led by Isha Ambani. Through this agreement, Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Retail, entered into a technology deal with Roadget Business Pte Ltd, the owner of Shein, to develop an Indian-based e-commerce platform.

The Shein India Fast Fashion app from Reliance Retail has already surpassed 10,000 downloads on the Google Play Store and is ranked among the top 10 in its category on the Apple App Store.

Why Was Shein Banned in India?

In June 2020, the Indian government banned Shein, along with several other Chinese apps, citing national security concerns following escalating tensions between India and China. The Ministry of Electronics and Information Technology (MeitY) decided to remove these apps, including Shein, due to concerns over data privacy and user security. The ban was part of broader measures to curb potential security risks related to Chinese-origin apps operating in India.

What Changed for Shein in December Last Year?

In December last year, the Indian government clarified that the sale of branded Shein products was not prohibited, although the app itself was blocked. Commerce & Industry Minister Piyush Goyal noted that the partnership between Shein and Reliance Retail would focus on creating a network of local manufacturers and suppliers to produce Shein-branded products, catering to both domestic and international markets.

Shein signed a partnership in 2023 with Reliance Retail which ensures that RRVL retains full control and ownership of the platform, with all platform data stored within India and Shein having no access to or rights over this data.

 

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.

Tata Steel Harnesses AI to Enhance Output and Minimise Risk

Tata Steel said on Tuesday that it has invested heavily in AI, creating over 550 models in 5-6 years, with a focus on operational efficiency, safety, and productivity. Their generative AI platforms are shaping the future of steel manufacturing.

AI-Driven Safety and Productivity

As per news reports, Tata Steel has made groundbreaking strides in integrating Artificial Intelligence (AI) into its operations, building over 550 AI models in the past 5-6 years to improve various aspects such as productivity, quality, and safety.

The company has positioned itself at the forefront of technological transformation, investing significantly in generative AI platforms that combine conventional AI with creative capabilities. This has empowered Tata Steel to offer automated insights and tackle complex challenges in the steel industry.

The focus on AI has not been limited to just production but also extends to critical areas like safety and sustainability.

Real-time detection systems have been developed to identify potential hazards, including improper use of personal protective equipment (PPE) and unsafe practices. These systems enable proactive measures, ensuring a safer work environment and reducing risk.

By analysing safety observations, AI can even predict safety incidents and allow for early intervention.

AI-Enhanced Operations and Efficiency

Tata Steel has also integrated digital tools to enhance supply chain management, energy efficiency, and decision-making, all aimed at improving operational productivity.

The company’s Enterprise Gen AI platform is empowering employees by granting them quick access to organisational data and actionable insights. One significant application is a Gen AI-powered maintenance troubleshooting assistant, which helps shop floor managers minimise downtime and maximise operational efficiency.

Overall, Tata Steel’s approach to AI is grounded in a realistic and value-driven framework. By aligning its AI strategies with clear business goals and key performance indicators (KPIs), Tata Steel is redefining the future of the steel industry, making it a model of innovation and sustainability in manufacturing.

Share Price Performance

Tata Steel’s share price is trading at ₹134.91 at 12:05 PM on the NSE, reflecting a 1.12% increase from its previous close of ₹133.42. The share opened at ₹133.15 and reached a high of ₹135.39, with a low of ₹133.08 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.

Shree Cements Shares in Focus as ₹50 Dividend Record Date and Ex-Date Are Today

Shree Cements’ stock price is showing positive momentum today, trading at ₹28,089.90, up by ₹206.50 or 0.74% at 10:20 AM on the NSE. The stock reached a high of ₹28,300, with a low of ₹27,735.20.

The price has been fluctuating within a narrow range, with the indicative close at ₹28,022.37. The movement reflects a slight upward trend, following the announcement of a ₹50 dividend.

Past Corporate Actions Overview

The corporate action history for the company shows a consistent pattern of dividend declarations. On January 31, 2024, the company declared an interim dividend of ₹50, with the ex-date set for February 8, 2024. In May 2023, an interim dividend of ₹55 was declared, with the ex-date of June 1, 2023.

Earlier, in January 2023, a ₹45 interim dividend was announced, with the ex-date of February 16, 2023. The company also declared a final dividend of ₹55 in May 2024, with the ex-date scheduled for July 23, 2024.

Q3 FY25 Performance Overview

In Q3 FY25, the company reported a decline of 12.31% in revenue, totalling ₹4,684.83 crore compared to ₹5,340.94 crore in the same quarter last year. As of December 31, 2024, its net worth stood at ₹21,139.95 crore, with a debt-equity ratio of 0.04 and a current liability ratio of 83%.

The total debts to total assets ratio was 5%. The operating margin was 24%, and the net profit margin was 4%. On a quarter-on-quarter basis, total sales volumes rose by 15%, from 7.60 million tonnes to 8.77 million tonnes.

Driven by cost optimisation and efficiency initiatives, the total expenditure (excluding depreciation and interest) reduced from ₹4,122 per tonne to ₹3,748 per tonne on a quarter-on-quarter basis.

 

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.

Titan Share Price Falls 2%; Q3 FY25 Standalone Net Profit Drops 5% YoY

Titan’s share price dropped 1.99% on February 5, 2025, trading at ₹3,525.95 at 9:50 AM on the NSE. The stock opened at ₹3,596 and reached a high of ₹3,652 during the day before slipping to a low of ₹3,514.75.

The stock eased most of the gains accumulated in the past 4 sessions, as the stock snapped its recent upward momentum. Over the last few trading sessions, Titan had experienced a strong performance, but today’s dip marked a reversal, with the stock shedding ₹71.75 from its previous close of ₹3,597.70.

Q3 FY25 Financial Highlights

For the third quarter of FY25, Titan saw its net profit dip by 5% YoY to ₹990 crore, compared to ₹1,040 crore in Q3 FY24. However, there was a sequential improvement with a 40.42% rise in profit from ₹705 crore in the previous quarter.

Revenue from product sales surged 24%, driven by robust demand, especially in the jewellery segment. The company’s jewellery business grew 26%, with India operations benefitting from the festive season.

The watches and wearables division grew 15%, though the wearables category faced a 20% drop due to reduced volumes and lower average selling prices. Titan’s eyecare segment also reported a 16% increase in income, bolstered by strong sales of sunglasses and lenses.

Despite the mixed results, Titan remains optimistic about the future, with continued expansion and investments in emerging businesses like Indian Dress Wear, Fragrances, and Fashion Accessories.

Peer Performance

PC Jeweller’s Q3 FY25 results showed a remarkable recovery, with net profit rising to ₹148 crore compared to a loss of ₹198 crore in the same quarter of the previous year. This improvement comes on the back of a strong demand for jewellery driven by the festive and wedding season.

Revenue surged by nearly sixteen times, reaching ₹639 crore in Q3 FY25. A key factor for this strong performance was the higher gold prices, which led consumers to prefer lighter and lower-carat jewellery, helping to boost sales.

About Titan 

Titan Company Limited, established in 1984, has grown significantly over the years. The company owns 16 brands and operates more than 2,000 retail stores across India. Titan is a prominent player in India’s lifestyle sector, holding leading positions in the jewellery, watch, and eyewear markets. The company has expanded into wearables, Indian dresswear, fragrances, and fashion accessories.

 

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.

PC Jeweller Shares Hit 5% Upper Circuit; Reports Strong Q3 FY25 Results

PC Jeweller’s stock opened today at ₹14.97 and quickly surged to ₹15.71 at 9:40 AM on the BSE, marking a 5% gain. The stock has been rising for the third consecutive session, following a nearly 4.9% gain yesterday. The day’s high reached ₹15.71, while the low was ₹15.70, indicating steady upward momentum. The previous closing price was ₹14.97.

Q3 FY25 Financial Highlights

PC Jeweller’s Q3 FY25 results showed a remarkable recovery, with net profit rising to ₹148 crore compared to a loss of ₹198 crore in the same quarter of the previous year. This improvement comes on the back of a strong demand for jewellery driven by the festive and wedding season.

Revenue surged by nearly sixteen times, reaching ₹639 crore in Q3 FY25. A key factor for this strong performance was the higher gold prices, which led consumers to prefer lighter and lower-carat jewellery, helping to boost sales.

Festive Surge Powers PC Jeweller’s Q3 Bounce Back

Despite earlier challenges related to liquidity and disputes with some of its lenders, which affected profitability in past quarters, the company’s strong festive demand recovery is evident in these results. This performance stands in contrast to peers such as Kalyan Jewellers, which also saw good growth driven by similar seasonal factors.

PC Jeweller’s strong Q3 FY25 results and stock performance have garnered attention, with shares climbing by 5%, signalling positive investor sentiment and confidence in the company’s recovery and future prospects.

About PC Jeweller

PC Jeweller is an established Indian jewellery retailer that started its journey in 2005 with the opening of its first showroom in New Delhi. The company has since expanded significantly, operating across 42 cities and 14 states in India. Known for its focus on wedding and fine jewellery.

It has also ventured into online retail through its platform. Over the years, the company has continuously expanded its retail presence, with numerous showrooms and state-of-the-art manufacturing units.

 

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.

Ujjivan Small Finance Bank Seeks Universal Banking License from RBI; Share Price Eyed

As per news reports, Ujjivan Small Finance Bank has submitted an application to the Reserve Bank of India for a universal banking license. The move is aimed at diversifying beyond small finance operations and increasing the share of secured loans.

What’s in Store for Ujjivan SFB’s Banking Transition?

The RBI will first conduct an initial review to assess the bank’s eligibility before referring the application to a five-member standing external advisory committee for a detailed evaluation.

As per news reports, if approved, Ujjivan SFB will become one of the small finance banks to have successfully made the shift to a full-service banking model in recent years.

What Criteria Must Ujjivan SFB Meet for Universal Banking License Approval?

To secure a universal banking license, Ujjivan SFB must fulfill various conditions, such as being listed on a recognised stock exchange, having a net worth of at least ₹1,000 crore, and meeting capital requirements.

The bank is also required to demonstrate profitability over the past two years and ensure its gross and net non-performing asset (GNPA, NNPA) ratios are within the stipulated thresholds.

Bank’s Q3 FY25 Financial Highlights

In January 2025, Ujjivan Small Finance Bank reported a 64% decline in net profit, amounting to ₹103 crore for the third quarter ending December 2024, mainly due to increased provisions for bad loans.

The asset quality showed some deterioration, with gross non-performing assets (NPAs) rising to 2.68% of gross advances, up from 2.18% a year ago. The bank also saw an increase in provisions for bad loans, which rose to ₹223 crore, compared to ₹63 crore in the same quarter last year.

However, total income for the quarter rose to ₹1,763 crore, up from ₹1,655 crore a year ago.The bank’s interest income grew to ₹1,591 crore for the quarter, compared to ₹1,471 crore in the same quarter last year.

Despite the profit drop, Ujjivan Small Finance Bank plans to transition to a universal bank and has received board approval to initiate the process with the Reserve Bank of India.

Share Price Performance

Ujjivan Small Finance Bank’s share price opened at ₹37.33 in today’s trading session, slightly lower than the previous close of ₹37.34. The stock reached a high of ₹37.73 and a low of ₹37.25 during the session, reflecting a modest fluctuation in its value.

As of the latest update, the share price is down by ₹0.07, or 0.19%. This comes after the stock dropped 0.37% yesterday, snapping a five-session gaining streak.

 

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.

SEBI Fines DB Realty, Promoters for Financial Misstatements; Share Price Eyed

SEBI has penalised Valor Estate (NSE: DBRealty), its promoters, and officials over non-disclosures and financial misstatements regarding a loan guarantee. Fines totalling ₹25 lakh were imposed for violations of listing and disclosure rules.

Details on SEBI’s Actions

The Securities and Exchange Board of India (Sebi) recently imposed penalties on 8 entities, including DB Realty Ltd (now Valor Estate), its promoters, and officials, for failing to comply with disclosure norms.

The regulator fined DB Realty ₹5 lakh, as well as its promoters Vinod Kumar Goenka and Shahid Balwa Usman, each for ₹5 lakh. Other individuals involved were fined ₹2 lakh each.

SEBI’s investigation centred around the company’s failure to adhere to accounting standards and properly disclose a corporate guarantee provided to the Bank of India (BOI) for a loan to Pune Buildtech Pvt Ltd (PBPL). The loan, taken in 2013, later inflated to ₹516 crore by June 2020.

Lack of Transparency in Financial Filings

The regulator found that the involved parties misrepresented the financial condition of PBPL, particularly in the company’s postal ballot notices and filings, where material events like loan recall notices, possession of properties, and defaults were not disclosed.

Additionally, certain signatories, including Goenka and Balwa, failed to disclose the loan guarantee’s true status to stock exchanges. This lack of transparency violated regulatory rules designed to ensure proper investor protection. The probe, initiated in December 2020, covered the period from 2013 to 2021.

About Valor Estate (DB Realty)

Valor Estate Limited, formerly known as DB Realty Limited, was established in 2007 and is recognised as a prominent real estate developer in India. The company has developed over 100 million square feet of prime property across 35 projects, with a focus on residential, commercial, and gated community developments.

DB Realty Share Price Performance

On February 4, 2025, Valor Estate Limited’s stock price closed at ₹157.75, marking an increase of ₹5.50 or 3.61% from the previous session’s close of ₹152.30. The stock opened at ₹153.52 and reached a high of ₹162.66 during the day. It traded within a low of ₹153.52 before settling at ₹157.75.

The stock’s indicative close was ₹157.66, reflecting a positive momentum in the market. Notably, the stock snapped a four-session losing streak, making a strong recovery with a gain of nearly 3.6%.

 

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