Stocks to Watch on April 29, 2025: Gensol Engineering, Central Bank of India and More

Indian stock markets could see a stable-to-positive opening today, supported by gains in global markets and GIFT Nifty’s uptick. As of 8:25 AM, GIFT Nifty was trading 81 points higher (+0.33%) at 24,507.0, signalling a firm start to the new week.

On April 28, the Nifty 50 closed at 24,328.50, up 289.15 points or 1.20%, while the BSE Sensex ended higher by 1,005.84 points or 1.27%, settling at 80,218.37.

Let’s take a look at key stocks that will be in focus on April 29:

Oberoi Realty

Oberoi Realty posted a 45% year-on-year (YoY) decline in its net profit at ₹433.2 crore for the March 2025 quarter, compared to ₹788 crore in the same quarter last year.

Revenue from operations also fell 12.5% to ₹1,150 crore from ₹1,315 crore a year ago. Operationally, EBITDA declined 21.7% YoY to ₹617.8 crore, reflecting softer performance across key projects.

Gensol Engineering

The Enforcement Directorate (ED) conducted search operations at Gensol Engineering’s premises in Ahmedabad and Gurgaon under the Foreign Exchange Management Act, 1999 (FEMA). Documents, electronic devices, and financial records were seized during the raid on April 27, 2025, intensifying regulatory scrutiny on the solar and EV-focused firm.

Central Bank of India

Central Bank of India reported a strong 28% YoY increase in net profit to ₹1,033.6 crore for the March 2025 quarter. However, net interest income (NII) declined 4% YoY to ₹3,399 crore. The bank’s total income grew by 7.57% YoY to ₹10,433 crore, supported by an improvement in non-interest income streams.

UCO Bank

UCO Bank’s total business grew 14.12% YoY to ₹5,13,527 crore as of March 31, 2025. Gross advances rose 17.72% YoY to ₹2,19,985 crore, while total deposits increased 11.56% YoY. Net profit for Q4FY25 rose 23.98% YoY to ₹652 crore, with operating profit improving significantly by 33.48% to ₹1,699 crore.

Castrol India

Castrol India reported an 8% YoY rise in net profit at ₹234 crore for the January-March 2025 quarter. Revenue from operations also grew 7.3% to ₹1,422 crore compared to the previous year. The lubricant major follows the calendar year for financial reporting.

AWL Agri Business

AWL Agri Business delivered a 21% YoY increase in consolidated net profit at ₹190 crore for Q4FY25. Revenue surged 37.9% YoY to ₹18,230 crore, driven by strong volume growth. EBITDA rose 25.8% YoY to ₹449 crore, although margins compressed slightly due to a high-cost environment.

Aurobindo Pharma

Aurobindo Pharma reported a fire incident on April 27, 2025, at its penicillin-G manufacturing unit in Kakinada SEZ, Andhra Pradesh. The fire caused damage to ancillary equipment but left the core manufacturing facilities intact, with no injuries reported.

Nippon Life India Asset Management

Nippon Life India Asset Management posted an 8.9% YoY decline in consolidated net profit for Q4FY25, standing at ₹296 crore compared to ₹325 crore a year ago. However, the company’s overall revenue showed healthy year-on-year growth, signaling resilience in its operations despite margin pressures.

Conclusion

While GIFT Nifty points to a positive opening, traders are expected to remain cautious amid global volatility and sector-specific developments. Focus will be on stock-specific movements, particularly companies dealing with regulatory developments, earnings performance, and corporate updates.

 

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.

8th Pay Commission Calculator: Here’s What Govt Employees’ Salaries Could Look Like at 2.0 Fitment Factor

With the buzz around the 8th Pay Commission gaining traction, much of the conversation has centred on the fitment factor, a critical multiplier that determines revised pay and pension for central government employees and retirees. 

As per emerging reports, the fitment factor could range between 1.92 and 2.86. A lower multiplier such as 1.92 would result in a comparatively modest hike in salaries, but it still marks a step forward in pay revision for government workers. 

Let’s see how much salary you could receive if the fitment factor is fixed at 2. 

What Is the Fitment Factor? 

The fitment factor is used to compute the revised basic salary by multiplying it with the existing basic pay. A higher factor means a bigger jump in basic pay, which in turn affects allowances like DA, HRA, and TA. 

For example, if your current basic pay is ₹20,000 and the fitment factor is set at 2.0, your revised basic salary would be: 

₹20,000 × 2.0 = ₹40,000 

This revised basic pay will form the foundation for calculating additional allowances and ultimately determining your total in-hand salary. 

8th Pay Calculator: Estimated Salary Structure (With 2.0 Factor) 

Existing Basic Pay (7th CPC)  Revised Basic Pay (with 2.0 Factor) 
₹18,000  ₹36,000 
₹21,700  ₹43,400 
₹25,500  ₹51,000 
₹35,400  ₹70,800 
₹44,900  ₹89,800 
₹56,100  ₹112,200 

Note: These are approximate estimates based on basic pay alone. Final in-hand salary will include additional allowances. 

Pension Calculations at 2.0 Fitment Factor 

  • ₹22,450 → Revised Pension: ₹44,900. 
  • ₹33,850 → Revised Pension: ₹67,700. 
  • ₹39,400 → Revised Pension: ₹78,800. 
  • ₹59,250 → Revised Pension: ₹1,18,500. 
  • ₹65,550 → Revised Pension: ₹1,31,100. 

What Happens to DA Under the 8th Pay Commission? 

One major point of debate is whether Dearness Allowance (DA) will be merged with the basic pay before the new pay structure is implemented. 

Currently, DA stands at 55% after a recent hike. If the same approach as previous pay commissions is followed where DA is merged into basic before applying the fitment factor, the final revised pay could be much higher, even with a smaller multiplier. 

However, experts suggest that a DA merger might result in a lower fitment factor (like 1.92), as some of the increment would already be absorbed by the merged DA component. 

Read More: 8th Pay Commission Calculator: Here’s What Govt Employees’ Salaries Could Look Like at 1.92 Fitment Factor.

8th Pay Commission: Demand to Merge DA With Basic Pay Resurfaces. 

Conclusion 

The 8th Pay Commission’s 2.0 fitment factor represents a significant revision in the salaries of central government employees. While it may not be as high as 2.86, it still provides a substantial increase in basic pay and allowances, improving the overall salary package for government employees. 

Though the final salary will depend on multiple factors, including whether DA is merged with basic pay, employees can expect a positive adjustment in their compensation package. 

 

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.

How Much Will You Take Home Monthly If Your CTC is 12 LPA?

Understanding your take-home salary from a ₹12 LPA CTC involves accounting for your basic salary, allowances, and mandatory deductions such as EPF, taxes, and others. Here’s how you can estimate your monthly in-hand salary.

Components of CTC

Your CTC typically includes:

  • Basic Salary: Generally 40-50% of the CTC. For a ₹12 LPA CTC, assuming 50%, the basic salary would be ₹6,00,000 per annum.
  • House Rent Allowance (HRA): This is typically 50% of the basic salary for metro cities and 40% for non-metro cities.
  • Other Allowances: These can include Special Allowance, Leave Travel Allowance (LTA), and others.

Deductions

Several deductions are made from your gross salary:

  • Employee Provident Fund (EPF): Typically 12% of the basic salary.
  • Professional Tax: Varies by state but is usually between ₹200 to ₹2,500 per month.

Tax Relief for Income Up to ₹12 Lakh in Budget 2025-26

In the Union Budget 2025-26, the government introduced zero tax on income up to ₹12 lakh, applicable only for those choosing the new tax regime in FY 2025-26. Despite the tax exemption, individuals must still file an income tax return (ITR), as the benefit is provided through a tax rebate under Section 87A of the Income Tax Act, 1961.

Estimating Monthly Take-Home Salary

Let’s break down the calculations:

  • Basic Salary: ₹6,00,000 per annum → ₹50,000 per month.
  • HRA: Assuming 50% of basic salary → ₹3,00,000 per annum → ₹25,000 per month.
  • Other Allowances: The remaining part of the CTC after accounting for Basic and HRA.

Total Gross Monthly Salary is a sum of Basic, HRA, and other Allowances.

Deductions:

  • EPF: 12% of ₹50,000 → ₹6,000 per month.
  • Professional Tax: Assuming ₹200 per month (varies by state).

Calculate your total in-hand salary using this Salary Calculator. 

Net Monthly Take-Home Salary

Gross Monthly Salary minus total deductions.

Utilising Online Salary Calculators

For precise calculations, you can use online salary calculators. These tools allow you to input your CTC and provide detailed breakdowns of your salary components and deductions based on your individual situation.

Read More: Paying Rent to Family? Here’s How to Stay Out of the Income Tax Department’s Radar in FY 2025-26.

Conclusion

Your exact take-home salary depends on several factors, including the specific structure of your CTC, applicable deductions, and personal tax planning. Online salary calculators can help you get a more accurate estimate tailored to your circumstances.

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. 

TDS on Rent: Claim Your Refund If You Paid 5% Instead of 2% on House Rent

Starting October 1, 2024, a key rule change brought relief to thousands of tenants paying high rents: the TDS (Tax Deducted at Source) rate on house rent payments exceeding ₹50,000 per month was slashed from 5% to 2%.

However, widespread confusion has now surfaced. Many tenants, unaware of the new lower rate, continued deducting TDS at 5% into 2025, leading to excess deductions that are causing friction between landlords and tenants alike.

With the financial year 2024-25 officially closed, taxpayers are scrambling to fix these TDS errors. If you have over-deducted TDS from your rent payments, there’s now a clear way to claim a refund from the Income Tax Department through the TRACES portal.

Here’s a quick guide based on the latest steps issued by the department:

Why the TDS Confusion Happened?

Until September 30, 2024, tenants had to deduct 5% TDS on rent payments exceeding ₹50,000 monthly under Section 194IB of the Income Tax Act.

From October 1, 2024, this rate was officially reduced to 2% to ease tenant cash flows.

Yet, due to delayed updates in TDS software tools and low awareness, many continued deducting at the old 5% rate even after the cut — meaning an extra 3% TDS amount is now stuck.

Adding to the mess, even landlords’ Form 26AS is reflecting TDS credit only for 2% — leaving the excess 3% in limbo.

What Are Your Options If You Deducted Excess TDS?

You essentially have two options:

  • Negotiate with your landlord to adjust future rent payments by the excess TDS amount.
  • Apply for a refund of the extra TDS directly from the Income Tax Department if adjustment isn’t possible.

Given that many landlords prefer not to complicate rental receipts, claiming a refund is quickly becoming the preferred route.

How to Claim Excess TDS Refund on TRACES Portal

The Income Tax Department has recently issued an e-tutorial for this. Here’s the latest step-by-step process:

  • Navigate to “Statement Payment” > “Request for Refund”.
  • Check the Refund Checklist carefully and click “Proceed”.
  • Section code (“Refund Request for Challan other than sec. 195”) and reason for refund.
  • Add the Challan details for the excess TDS deducted.
  • Provide your bank account details for receiving the refund.
  • Complete the Verification and Confirmation pages.
  • Upload your Digital Signature Certificate (DSC).
  • Submit Form 26B Acknowledgement to the Assessing Officer within 14 days.
  • Track your application under the “Track Refund Request” tab.

Important: If the refund amount exceeds ₹50 lakh, it will require Additional Commissioner (ADC) approval.

What Are the Key Conditions for a Successful Refund Claim?

  • No outstanding tax demand against your TAN or PAN.
  • A maximum of five challans can be included per refund request.
  • The unclaimed amount should be greater than ₹100 per challan.
  • Digital Signature is mandatory for submission.
  • Ensure all earlier TDS statements are processed and corrected, if required.

Read More: Paying Rent to Family? Here’s How to Stay Out of the Income Tax Department’s Radar in FY 2025-26.

Conclusion

Given the confusion created by the TDS rate cut effective from October 2024, tenants must act quickly to rectify mistakes.

With landlords unable to claim credit for anything beyond 2% (despite higher deductions), following the official refund procedure on TRACES is the cleanest and safest method to recover your excess TDS.

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. 

HUL vs Nestlé vs Tata Consumers How 3 FMCG Giants Fared in Q4FY25 Results

India’s top FMCG players Hindustan Unilever (HUL), Nestlé India, and Tata Consumer Products released their Q4FY25 results recently. While the companies reported sales growth despite persistent commodity inflation, margin pressures and cautious forward-looking commentary weighed on investor sentiment.

Shares of all three companies saw some selling pressure post-results, even though the earnings were broadly in line with expectations.

Topline Performance: Sales Growth Across the Board

HUL reported a 3% growth in total sales, reaching ₹15,513 crore in Q4FY25, supported by a 2% underlying volume growth. Key segments such as Home Care, Food, and Beauty grew in low single digits, reflecting tepid demand recovery.

Nestlé India posted a 3.6% year-on-year (YoY) rise in sales to ₹5,447 crore. Growth was led by the Food and Confectionery segment, where 3 out of 4 product categories witnessed strong double-digit growth for FY25. The Beverages division (primarily powdered and liquid beverages) remained a major revenue driver.

Tata Consumer Products outperformed its peers in topline growth, with revenues jumping 17.35% YoY to ₹4,608 crore. Growth was broad-based across India Beverages (+9%), India Foods (+27%), and new-age businesses like Tata Sampann and RTD (Ready-to-Drink) categories.

Operational Performance: Margin Pressures Hit Hard

HUL’s EBITDA grew a modest 0.9% YoY to ₹3,466 crore, but EBITDA margins fell 30 basis points (bps) to 23.1% as commodity inflation and weak volume growth hurt profitability. Management warned that if inflation persists, margins could remain under pressure.

Nestlé India too faced margin headwinds, with EBITDA rising modestly to ₹1,388 crore. Higher raw material costs — particularly for coffee and cocoa — pushed expenses up, weighing on operating margins.

Tata Consumer Products saw the sharpest margin squeeze, with EBITDA margin declining by 250 bps to 13.6% in Q4FY25 compared to 16.1% a year earlier. The company’s consolidated EBITDA dipped 1% YoY to ₹625 crore, impacted by tea inflation in India and higher international input costs.

Profit Growth Mixed

HUL’s net profit rose 4% YoY to ₹2,493 crore despite margin pressures, supported by stable operational performance and tight cost controls.

Nestlé India reported a 5% YoY decline in net profit to ₹885 crore, mainly due to operating margin contraction.

Tata Consumer Products, however, surprised positively, with net profit jumping 52% YoY to ₹407 crore. The company benefited from strong revenue growth and some fair value gains recorded as exceptional items.

Strategic Updates and Dividend Announcements

HUL strengthened its portfolio with the acquisition of Minimalist, a leading beauty care brand. It also announced a final dividend of ₹24 per share and guided for an EBITDA margin range of 22–24% for FY26, expecting a better H1FY26 supported by portfolio transformation and macroeconomic recovery.

Nestlé India continued to expand its market leadership with NESCAFÉ, adding over 5.1 million households to the coffee category. It also launched CEREGROW — a no-refined-sugar product in the infant nutrition segment. A final dividend of ₹10 per share was declared.

Tata Consumer Products accelerated its new-age business strategy. Growth businesses (Tata Sampann, RTD, Soulfull, Capital Foods, Organic India) grew 66% in Q4FY25. However, margin improvement remains a key challenge for the company going forward.

Read More: ITC vs HUL: A Deep Dive into Dividend Yields History of 2 FMCG Majors.

Conclusion

Going into FY26, investors will closely watch these companies’ ability to manage commodity cost pressures, drive volume recovery, and execute their portfolio transformation strategies effectively.

 

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.

Bank Nifty Surges 1.26% on April 28: Top Gainers Include ICICI, HDFC, and Axis Bank

The Bank Nifty index surged by 689.70 points, or 1.26%, on April 28, 2025, closing at 55,353.75. The index, composed of the 12 largest and most liquid banking stocks in India, witnessed broad-based gains across all its constituents.

As of noon on April 28, 2025, all shares were in the green, reflecting a strong positive sentiment in the banking sector. 

Heavyweights Lead the Rally

The strong upward movement in Bank Nifty was largely driven by ICICI Bank and HDFC Bank, which played a pivotal role in lifting the index.

These two stocks, along with Axis Bank and State Bank of India, which also saw solid gains, were the major contributors to the index’s positive movement.

Key Contributors to the Rally

  • ICICI Bank: ₹1,429.50 (+1.76%) — Contributed 259.50 points to the index.
  • HDFC Bank: ₹1,922.30 (+0.58%) — Contributed 124.35 points to the index.
  • Axis Bank: ₹1,184.90 (+1.59%) — Contributed 78.31 points to the index.
  • SBI: ₹811.15 (+1.57%) — Contributed 70.75 points to the index.

Performance of Bank Nifty in April

Bank Nifty has a historical tendency to perform well in April, with the index registering positive returns in 13 out of the past 17 years. In April 2009, the index saw an extraordinary positive change of 24.14%, which stands as the highest recorded for the month.

  • Max Positive Change: 24.14% (2009)
  • Max Negative Change: A relatively smaller dip, maintaining the positive trend in April.
  • Average Positive Change: Consistently strong performance across the years.

The index’s current rally is aligned with this historical trend, with investor optimism supported by strong corporate earnings and positive macroeconomic indicators.

Understanding Bank Nifty

The Nifty Bank Index consists of 12 of India’s largest and most liquid banking stocks, providing a reliable benchmark for the performance of the financial sector. The top stocks in the index by weightage include:

  • HDFC Bank Ltd. – 38.91%
  • ICICI Bank Ltd. – 27.15%
  • Axis Bank Ltd. – 9.02%
  • State Bank of India (SBI) – 8.3%

These heavyweights drive the movement of the index, exerting the most significant influence on its overall performance.

Read More: RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings; Know What’s Driving the Rally.

Outlook for Bank Nifty

As Bank Nifty continues its positive momentum, investors are closely watching the performance of the banking sector, particularly the impact of macroeconomic factors, regulatory changes, and quarterly earnings reports. Given the historically strong performance in April, there is cautious optimism for sustained growth in the coming days.

Conclusion

The Bank Nifty index’s 1.26% rise on April 28, 2025, highlights the strong performance of the banking sector, led by heavyweights like ICICI Bank and HDFC Bank.

With all 12 constituent banks posting gains, the index’s positive trajectory is reflective of investor confidence in the sector. As the month progresses, Bank Nifty is poised to continue serving as a key barometer for India’s banking and financial market 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 securities market are subject to market risks, read all the related documents carefully before investing.

Hindustan Zinc Shares in Focus; Plans Potash Mining in Rajasthan, Eyes Lithium Reserves

Hindustan Zinc Ltd. (HZL), a leading player in the global zinc and silver market, is making significant strides in diversifying its mineral portfolio. The company, part of the Vedanta Group, has announced plans to venture into the potash mining sector and is particularly focusing on a promising block in Rajasthan, as per news reports.

Hindustan Zinc’s Strategic Expansion

Rajasthan, the site of HZL’s new potash mining project, is also believed to have the potential for lithium reserves, adding further strategic value to the company’s mining endeavours.

This is in line with India’s broader goal of reducing its reliance on potash imports, which are primarily sourced from countries like Russia, Canada, Belarus, and Israel. The presence of lithium could provide Hindustan Zinc with an additional competitive edge as the country looks to strengthen its position in the critical minerals sector.

Arun Misra, the CEO of Hindustan Zinc, emphasised that the company is broadening its focus to include a range of critical minerals that are of strategic importance. In addition to potash, HZL has already made significant progress in expanding its precious metals portfolio, having recently been declared the preferred bidder for the Dugocha gold block in Rajasthan.

Hindmetal Exploration Services Leads HZL’s Push

HZL’s subsidiary, Hindmetal Exploration Services Pvt Ltd, has been tasked with driving the company’s exploration efforts, particularly in the critical minerals space. According to Misra, Hindmetal is poised to become one of India’s largest private sector explorers of strategic minerals, which will further solidify Hindustan Zinc’s leadership in the country’s mining sector.

In addition to its expansion plans, Hindustan Zinc recently reported impressive financial results for the quarter ended March 2025. The company posted a 47.3% increase in consolidated net profit, amounting to ₹3,003 crore, driven by record metal volumes and lower production costs.

This expansion into potash and other critical minerals reflects Hindustan Zinc’s strategic vision to diversify its mining operations and secure long-term growth opportunities in a rapidly evolving market.

Read More: Hindustan Zinc Delivers Record Growth in FY25 with Strong Q4 Results and ESG Leadership. 

Share Price Performance 

Hindustan Zinc Limited (HZL) shares are trading at ₹454.40, reflecting a gain of ₹9.40, or 2.11%, at 11:45AM on the NSE from the previous close of ₹445. The stock opened at ₹452 and reached a high of ₹459.50 during the session, with a low of ₹445.50. 

Conclusion

Hindustan Zinc’s plans to expand into potash mining and critical minerals, including its strategic move into Rajasthan for new exploration, signal the company’s commitment to diversifying its operations.

With strong financial results and a focus on acquiring valuable mineral assets, HZL is set to play a crucial role in reducing India’s reliance on imported minerals while continuing to thrive in the global mining industry.

 

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.

Startups and MSMEs See 310% Growth in Patent Filings Over 5 Years

India has witnessed a remarkable surge in patent filings by startups and MSMEs over the past 5 years. According to Mr. N. Ramchander, Joint Controller of the Controller General of Patents, Designs, and Trademarks, the number of patent filings by these enterprises has risen by an astounding 310%, from 1,492 in 2018-19 to 6,120 in 2023-24, according to a report by IBEF.

Let’s take a look at the factors driving this growth and the future implications for innovation in India.

Patent Filings and Grants See Unprecedented Growth

A key driver behind this surge has been the National Intellectual Property Awareness Mission launched in 2021. Over 2.4 million students and faculty across India have received education about intellectual property (IP) rights in the past three years.

This initiative has significantly raised awareness about the importance of IP protection, empowering innovators across the country to safeguard their creations and inventions.

India’s overall patent applications have also seen a significant rise in recent years. Patent filings in India surged by 116%, growing from 42,763 in 2014-15 to 92,172 in 2023-24. Patent grants have experienced an even more remarkable increase of 1,624%, jumping from 5,978 in 2014-15 to a massive 103,057 in 2023-24.

Patent Rules Amended to Boost Innovation

In 2024, several amendments to the patent rules were made to simplify and streamline the patent filing procedure. These changes have created a more conducive environment for innovation and intellectual property protection in the country.

A noteworthy reform was the introduction of a “certification of inventorship,” which formally recognises the efforts of inventors and strengthens the patenting ecosystem. Additionally, the frequency of filing “working statements of patents” has been reduced from once a year to once every three years.

Read More: Zupee Turns Profitable in FY24, Plans to Expand Into Fantasy and Card Games.

Conclusion

The increased number of patent filings by startups and MSMEs is a testament to the growing innovation culture in India.

These smaller entities are crucial drivers of economic growth, and the protection of their intellectual property allows them to secure competitive advantages in the marketplace.

The Indian government’s initiatives and reforms have created an ecosystem where even the smallest players can contribute significantly to the country’s innovation landscape.

 

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.

RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings; Know What’s Driving the Rally

RBL Bank shares saw a notable 5.67% rise in its share price, reaching ₹198.45 at 09:59 AM on the NSE on April 28, 2025, up ₹10.65 from the previous close of ₹187.80. The stock opened at ₹192.65 and hit a high of ₹200.50, with a low of ₹190.70 during the trading session.

Q4 FY25 Stress Eases in Key Portfolios

One of the key reasons for the market’s positive outlook on RBL Bank’s Q4 results was the easing stress in two crucial portfolios: JLG and credit card segments, as per news reports.

The slippages in the quarter were 4.7%, which came in better than expected, signaling a lower-than-anticipated increase in non-performing loans.

The SMA (Special Mention Account) pool in the JLG segment also showed signs of improvement, contributing to the positive sentiment.

Furthermore, the bank showed caution and prudence by increasing provisions, ensuring it covered 100% of JLG GNPAs (Gross Non-Performing Assets) and 75% of the SMA pool, along with adequate provisions for its credit card portfolio.

Guidance for Future Growth

Looking ahead, RBL Bank is guiding for a 16-17% loan growth by FY27E, which is a positive signal for investors. This growth estimate suggests that the bank is confident in its ability to expand its loan book and increase its market share in the coming years.

Despite the profit decline in Q4, RBL Bank has set expectations for net interest margins (NIMs) to remain range-bound at 5.3% during FY26-27E. This is expected to be supported by a cut in deposit rates, a 45% proportion of fixed-rate deposits, and lower interest reversals, all of which could bolster the bank’s NIMs in the future.

Q4 FY25 Decline in the Net Profit

RBL Bank’s net profit for the March quarter plunged by a staggering 80%, coming in at ₹68.7 crore. While this dramatic drop in profit is certainly concerning, it was partially offset by an increase in other income, which stood at ₹1,000 crore for the quarter.

Additionally, the figures were relatively better compared to the December quarter, with the bank reporting lower provisions during the quarter.

Despite the sharp decline in net profit, the market’s positive reaction can be attributed to other factors that showed improvement in the bank’s performance, especially in the context of its loan growth and asset quality.

Read More: Upcoming NFOs This Week: 4 New Mutual Funds Opening From April 28, 2025.

Conclusion

RBL Bank’s share price surge by 5.67% on April 28, 2025, following its Q4 FY25 results is driven by a combination of easing stress in key portfolios, improved asset quality, and positive future growth projections.

Despite a significant drop in net profit, the bank’s strategic provisions, particularly in its JLG and credit card segments, and its prudent approach to managing NPAs have bolstered investor confidence.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. 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.

Upcoming NFOs This Week: 4 New Mutual Funds Opening From April 28, 2025

A New Fund Offer (NFO) is the initial subscription period for a newly launched mutual fund, allowing investors to buy units at the initial offering price. Several NFOs are set to launch this week starting April 28, 2025, providing investors with a range of options across equity, debt, and commodity categories.

However, like any investment, NFOs carry their own set of risks and rewards. In this article, we’ll explore the key NFOs launching this week.

Key Details of the Upcoming NFO Opening This Week

Fund Name Initial Investment (₹) NFO Start Date NFO End Date
DSP Silver ETF Fund of Fund Direct Plan Growth 100 April 28, 2025 May 9, 2025
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 100 April 28, 2025 May 5, 2025
UTI Multi Cap Fund Direct Growth 100 April 29, 2025 May 13, 2025
Mirae Asset Nifty50 Equal Weight ETF 5000 April 30, 2025 May 6, 2025

Overview of Upcoming NFOs

1. DSP Silver ETF Fund of Fund Direct Plan Growth

The DSP Silver ETF Fund of Fund Direct Plan Growth is a domestic fund of funds (FOF) with a NAV of ₹10 and offers moderate risk exposure. This fund primarily invests in DSP Silver ETFs, providing investors with an opportunity to gain exposure to silver as an asset class.

The minimum investment required is ₹100, and the fund has no lock-in period, making it accessible for both long-term and short-term investors. The NFO will open on April 28, 2025, and close on May 9, 2025.

2. HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

The HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is an open-ended fund categorised under Index Funds/ETFs, with a focus on low to moderate risk.

This fund aims to track the CRISIL-IBX Financial Services 3-6 Months Index, which is composed of short-term debt instruments from the financial services sector.

3. UTI Multi Cap Fund Direct Growth

The UTI Multi Cap Fund Direct Growth is an equity fund that offers diversified exposure across large-cap, mid-cap, and small-cap companies. With a very high risk rating, this fund aims to provide capital appreciation by investing in a mix of stocks from different market capitalisations.

The fund’s benchmark is the Nifty 500, which represents a broad range of companies across sectors. The minimum investment required to participate in this fund is ₹100.

4. Mirae Asset Nifty50 Equal Weight ETF

The Mirae Asset Nifty50 Equal Weight ETF is an equity-based exchange-traded fund (ETF) designed to track the performance of the Nifty50 Equal Weight Total Return Index.

This fund offers equal exposure to all 50 companies in the index. The minimum investment for this ETF is ₹5,000, making it an attractive option for investors seeking diversification within the Nifty 50 index while avoiding concentration risks.

Read More: Upcoming IPOs This Week: Ather Energy IPO Set to Open on April 28. 

Conclusion

New Fund Offers provide investors a chance to diversify portfolios and capture growth potential right from the launch stage.

While NFOs can offer unique opportunities, it’s important to assess them based on your financial goals, risk tolerance, and investment strategy. Always review the scheme objectives carefully and seek professional advice if needed before investing.

Curious about your SBI SIP returns? Get accurate estimates of your investment growth using our SBI SIP Calculator and stay ahead of your financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. 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.