IndusInd Bank Limited is in focus on Monday. On January 13, 2025, IndusInd Bank share price opened at ₹936.90, down from its previous close of ₹937.60. However, at 11:04 AM, the share price of IndusInd Bank was trading at ₹962.50, up by 2.66% on the NSE. As of the same time, the stock touched its day’s high at ₹973.50.

In December 2024, IndusInd Bank celebrated its 30th anniversary, marking three decades of leading technological advancements and digital innovations that have shaped the future of banking in India. To commemorate this milestone, the Bank announced its partnership with India Post to launch Customised My Stamps.

Financial Highlights for the Quarter ended September 30, 2024

For the quarter ended September 30, 2024, Net Interest Income stood at ₹5,347 crore, marking a 5% YoY growth. The Net Interest Margin (NIM) for Q2 FY 2025 was 4.08%, compared to 4.29% in Q2 FY 2024 and 4.25% in Q1 FY 2025. The decrease in NIM was primarily due to a reduction in the share of microfinance loans in the overall loan portfolio.

The Yield on Assets remained consistent at 9.69% for both the quarter ended September 30, 2024, and the same period in the previous year. The Cost of Funds increased to 5.61%, from 5.40% in the corresponding quarter of the previous year.

Other income for the quarter was ₹2,185 crores, compared to ₹2,282 crores in the same quarter last year. Core Fee income was ₹2,125 crores, slightly higher than ₹2,120 crores reported in the corresponding quarter of the previous year.

Operating expenses for the quarter were ₹3,932 crores, up from ₹3,450 crores in the same quarter of the previous year.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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

HCL Technologies Limited (HCLTech) is gaining attention on Monday ahead of the Q3 FY 2025 financial results announcement. On January 13, 2025, HCL share price (NSE: HCLTECH) opened at ₹1,994.90, slightly down from its previous close of ₹1,995.10. At 10:10 AM, the share price of HCLTech was trading at ₹1,985.30, down by 0.49% on the NSE. Notably, the stock touched its 52-week high at ₹2,002.35 recently on January 10, 2025.

Board Meeting Announcement and Interim Dividend Declaration

In December 2024, the company announced that its Board of Directors would convene on Monday, January 13, 2025, to discuss key financial matters. The meeting’s agenda includes the review of the unaudited financial results for the quarter and the nine months ending December 31, 2024, along with the consideration of the 4th Interim Dividend for the financial year 2024-25.

Financial Performance in Q2 FY 2025

For Q2 FY 2025, the company’s revenue reached ₹28,862 crore, reflecting a growth of 2.9% quarter-on-quarter (QoQ) and 8.2% year-on-year (YoY). The Earnings Before Interest and Tax (EBIT) stood at ₹5,362 crore, which constitutes 18.6% of the total revenue, showing a 11.8% increase QoQ and an 8.7% rise YoY.

During the second quarter, the Board declared an Interim Dividend of ₹12 per equity share for the financial year 2024-25. The Record Date for this dividend was set for October 22, 2024, with the payment date scheduled for October 30, 2024.

 

 

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.

Delta Corp Ltd is in focus on Monday ahead of the Q3 FY 2025 financial results announcement. On January 13, 2025, Delta Corp share price (NSE: DELTACORP) opened at ₹117.00, slightly down from its previous close of ₹118.93. At 10:32 AM, the share price of Delta Corp was trading at ₹114.22, down by 3.96% on the NSE. As of the same time, the stock touched its day’s low at ₹113.76.

Board Meeting Announcement

Earlier this month, in January 2025, the company announced that its Board of Directors would convene on Monday, January 13, 2025, to review the unaudited financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in Q2 FY 2025

For Q2 FY 2025, the company’s total income reached ₹206.17 lakh, dropping from ₹273.14 lakh in Q2 FY 2024. The profit for the period stood at ₹26.98 lakh, dropping from ₹69.44 lakh in Q2 FY 2024.

About Delta Corp Ltd

Delta Corp Limited is involved in the businesses of gaming (live, electronic and online), hospitality and real estate. The company has evolved into diversified segments like real estate, casino gaming, online gaming, and hospitality.

 

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.

India is recognised as one of the most popular travel destinations worldwide. It has led the country’s tourism and hospitality industry to become a major growth driver in the services sector. With tourism being a key source of foreign exchange, India’s industry holds significant potential. In 2021, the travel and tourism sector contributed US$ 178 billion to the GDP, and it is projected to reach US$ 512 billion by 2028. By 2029, the sector is expected to generate ~53 million jobs. In this article, check the best travel stocks in India for January 2025, based on the net profit margin.

Best Travel Stocks in India for January 2025 – Net Profit Margin Basis

Note: The best travel stocks in India listed here as of market cap with above ₹1,000 crore and are sorted based on the net profit margin. The data is as of January 10, 2025.

Overview of the Best Travel Stocks in India

1. Easy Trip Planners Ltd

Easy Trip Planners provides a comprehensive range of travel-related products and services under the “Ease My Trip” brand. It offers end-to-end travel solutions, including airline tickets, hotels, holiday packages, rail and bus tickets, taxis, and value-added services like travel insurance, visa processing, and tickets for activities and attractions.

In H1 FY25, the company reported revenue from operations of ₹2,972.7 million, compared to ₹2,657.5 million in H1 FY24. The Profit After Tax (PAT) for H1 FY25 was ₹607.3 million, down from ₹728.6 million in H1 FY24.

Key metrics:

• ROE: 20.73%

• ROCE: 23.20%

2. Tbo Tek Ltd

TBO Tek Ltd is involved in the business of operating multiple online technology platforms and offering access to book global travel inventory aggregated through travel suppliers like airlines, hotels, etc. In H1 FY25, revenue from operations was ₹869 crore, up 25% YoY from ₹697 crore. PAT stood at ₹121 crore, reflecting a 17% YoY growth from ₹103 crore, with a PAT margin of 14%.

Key metrics:

• ROE: 45.84%

• ROCE: 30.80%

3. India Tourism Development Corp Ltd

India Tourism Development Corporation Ltd, established in October 1966, is a Government of India undertaking. The company operates hotels and restaurants, offers transport services, produces and sells tourist publicity literature, and provides entertainment and duty-free shopping facilities to tourists. In H1 FY25, revenue from operations was ₹23,856.59 lakh, dropping from ₹24,920.37 lakh in H1 FY24. Net profit stood at ₹3,536.37 lakh, which declined from ₹3,619.68 lakh in H1 FY24.

Key metrics:

• ROE: 19.92%

• ROCE: 27.47%

4. ECOS (India) Mobility & Hospitality Ltd

ECOS (India) Mobility & Hospitality Limited is a chauffeur-driven car rental service provider in India. In H1 FY25, revenue from operations was ₹3,084.76 million, up 14.88% YoY from ₹2,685.13 million. PAT stood at ₹292.53 million, with a 3.82% YoY drop from ₹304.14 million.

Key metrics:

• ROE: 42.74%

• ROCE: 43.90%

5. Thomas Cook (India) Ltd

Thomas Cook provides a broad spectrum of services that include corporate travel, foreign exchange, MICE, leisure travel, visa & passport services, etc. The company’s total income from operations increased by 10% to ₹41,764 million for H1 FY25, compared to ₹37,937 million in H1 FY24. Consolidated PBT rose by 26% to ₹2,136 million in H1 FY25, from ₹1,689 million in H1 FY24.

Key metrics:

• ROE: 13.98%

• ROCE: 14.89%

Tourism and Hospitality Sector Growth in India 

The travel market in India is forecasted to grow from an estimated US$ 75 billion in FY20 to US$ 125 billion by FY27. The Indian airline sector, valued at ~US$ 20 billion, is expected to double by FY27, supported by enhanced airport infrastructure and better access to passports.

The Indian hotel market, including domestic, inbound, and outbound, was estimated at around US$ 32 billion in FY20 and is projected to reach about US$ 52 billion by FY27, driven by increasing demand from travellers and the efforts of travel agents. By 2028, international tourist arrivals are anticipated to hit 30.5 billion, generating over US$ 59 billion in revenue.

 

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.

JSW Steel has reported its highest-ever consolidated crude steel production for the third quarter of FY 2024-25, reaching 7.03 million tonnes (Mnt), marking a 4% increase quarter-on-quarter (QoQ) and a 2% increase year-on-year (YoY).

Steel Production Details

The company stated that the strong performance was driven primarily by Indian operations, which achieved a record production of 6.82 Mnt in Q3 FY25, up by 3% both QoQ and YoY. However, the production and capacity utilisation were temporarily affected by maintenance activities at one of the blast furnaces at the Dolvi plant in October 2024. The furnace resumed normal operations in early November.

The company also reported a capacity utilisation of 91% for its Indian operations in Q3 FY25, excluding trial-run production. The breakdown of production includes 0.21 Mnt from JSW Steel USA (Ohio) and 6.82 Mnt from Indian operations, including 0.12 Mnt from trial runs.

JSW Steel is progressing with its 5 million tonnes per annum (MTPA) integrated steel project at Vijayanagar, spearheaded by its wholly-owned subsidiary JSW Vijayanagar Metallics Ltd. (JVML). During Q3 FY25, JVML commissioned one of the two converters and castors at its steel melt shop. The full ramp-up of this facility is expected by Q4 FY25, increasing the total crude steel capacity at Vijayanagar from 29.2 MTPA to 34.2 MTPA.

For the nine months ending December 31, 2024, JSW Steel’s consolidated production was 20.16 Mnt, an increase from 19.89 Mnt in the same period the previous year. This was boosted by growth in Indian operations and steady performance at JSW Steel USA.

On January 10, 2025, JSW Steel share price opened at ₹890.95, touching the day’s high at ₹896.05, as of 10:58 AM on the NSE.

 

 

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.

Kalyan Jewellers India Limited has been in focus on Friday. On January 10, 2025, Kalyan Jewellers share price opened at ₹660.00, down from its previous close of ₹662.55. At 11:08 AM, the share price of Kalyan Jewellers was trading at ₹647.60, down by 2.26% on the NSE. The stock price touched its 52-week high recently on January 2, 2025, at ₹795.40.

Q3 FY 2025 Update

Earlier this week, the company reported a successful Q3 FY 2025, achieving consolidated revenue growth of approximately 39% year-on-year. India operations led the charge, with a 41% increase in revenue compared to Q3 FY2024, driven by strong demand in both gold and studded categories, particularly during the festive and wedding seasons. This period also saw impressive same-store sales growth of around 24%.

In terms of expansion, the company launched 24 new Kalyan showrooms across India, contributing to its increasing market presence, with a strong pipeline of future openings. Internationally, the Middle East market performed well, delivering a 22% revenue growth year-on-year and contributing roughly 11% to the company’s consolidated revenue.

Additionally, the company marked a significant milestone by opening its first Company Owned Company Operated (COCO) showroom in the United States, expanding its footprint into a new market. This strategic move is expected to drive further growth and brand recognition in the international market.

About Kalyan Jewellers India Ltd

Kalyan Jewellers India Ltd is involved in the designing, manufacturing and sale of a range of gold, studded and other jewellery products across different price points. It is one of the largest jewellery retailers in India based on revenue as of FY 2020.

 

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.

Laxmi Dental IPO is set to launch its IPO on January 13, 2025. It is one of the anticipated upcoming IPOs in India. Here are the key details to note about the Laxmi Dental IPO.

Key Details of the IPO to Note

• Open and Close Dates: Laxmi Dental IPO will open for subscription on Monday, January 13, 2025, and will close on Wednesday, January 15, 2025.
• Allotment Date: The allotment for the IPO is anticipated to be on or before Thursday, January 16, 2025.
• Listing Date: The shares will be listed on the BSE and NSE, with a tentative listing date set for Monday, January 20, 2025.
• Price Band: The price band for the Laxmi Dental IPO is set between ₹407 to ₹428 per share, with a minimum application lot size of 33 shares. Retail investors need to make a minimum investment of ₹14,124.
• Offer Size: The IPO will be a book-built issue amounting to ₹698.06 crore, which includes a fresh issue of 0.32 crore shares of ₹138.00 crore and an offer for sale of 1.31 crore shares of ₹560.06 crore.
• Objects of the Issue: As per the RHP, the proceeds from the fresh issue will be used for the repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the company, for investment in certain subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings, to fund the capital expenditure requirements for purchase of new machinery for the company, to investment in their subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery and for general corporate purposes.

Financial Performance

Strengths and Risks

Strengths:

• Only integrated dental products company in India, well-positioned to capture industry growth.
• Increasing adoption of digital dentistry and large dental networks provide a competitive advantage.
• Robust technological capabilities with stringent regulatory compliance ensuring high-quality standards.

Risks:

• The company has reported a consolidated loss after tax, negative earnings per share for fiscal years 2023 and 2022, and has written off assets in the last three fiscal years. It cannot assure that similar events will not occur in the future.
• The company’s business success relies on expanding its Dental Network, recommendations from the Dental Network, and increasing wallet share per dental clinic, company, and dentist. Failure to achieve this in a cost-effective manner could adversely affect its business, operations, and financial condition.
• The company’s business is concentrated in certain global and domestic jurisdictions, and any loss of business in these regions could negatively impact its operations, results, and financial condition.

About Laxmi Dental Limited

Laxmi Dental Ltd offers a comprehensive portfolio of dental products. Its offerings include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, aligner-related products as part of aligner solutions, and pediatric dental products. The company has maintained a presence for over 20 years.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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