On April 7, 2025, the 6 Tata Group companies—Tata Consultancy Services (TCS) Ltd., Tata Steel Ltd., Tata Motors Ltd., Titan Company Ltd., Tata Consumer Products Ltd., and Trent Ltd have collectively lost over ₹1 lakh crore in market capitalisation due to declines on Monday, April 7. These stocks are part of the Nifty 50 index.

Trent Shares Saw Highest Fall

Trent saw the largest drop on the Nifty 50 index, with its shares falling by as much as 17% following the company’s March quarter business update. Trent’s revenue increased by 28% year-over-year for the quarter and by 39% for the full year.

Tata Motor Shares Hit After JLR Suspended US Shipments

Tata Motors shares suffered significant losses, dropping 10% after its subsidiary, Jaguar Land Rover, suspended shipments to the U.S. due to automobile import tariffs imposed by former President Donald Trump. Tata Motors’ shares fell to their lowest point since June 2023, dipping below the 52-week low of ₹606, causing a market cap loss of more than ₹20,000 crore.

Tata Steel, TCS, Titan, Tata Consumer in Loss

Tata Steel, another major Tata Group stock, saw a decline of 11% on Monday. In total, 1.4 crore shares, or 0.1% of the company’s total equity, worth ₹183 crore, were traded in multiple blocks, although the buyers and sellers remain unidentified. Tata Steel also experienced a market cap erosion of nearly ₹20,000 crore.

Tata Consultancy Services (TCS), the Tata Group’s flagship company, lost over 5% on Monday in anticipation of its fourth-quarter results, which are due later this week. Growing concerns about a U.S. recession have contributed to a 52-week low in the stock, with Monday’s drop wiping out approximately ₹60,000 crore from the company’s market capitalization.

Titan and Tata Consumer Products were among the few Tata Group stocks that did not experience as severe a decline, showing relative resilience compared to their counterparts.

Conclusion

The Tata Group’s six major constituents within the Nifty 50 index have faced significant market setbacks, collectively losing over ₹1 lakh crore in market capitalisation on April 7, 2025.

 

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.

On April 7, 2025, Tata Steel share price tanked over 10%, reaching a day low of ₹124.20 at 10:15 AM after opening at ₹126.45 on BSE. The fall in the Tata Steel share price came after a significant development related to Bhushan Steel Limited (renamed as Tata Steel BSL). 

Increase of Taxable Income

The company’s proposal to acquire Bhushan Steel Limited (now renamed Tata Steel BSL) under the resolution process of the Insolvency and Bankruptcy Code, the company’s taxable income for FY2018 -19 (AY 2019-20) has been increased by ₹25,185.51 crore. This amount corresponds to the debt that was waived in favor of Tata Steel when it made the bid and successfully acquired Bhushan Steel.

Tata Steel Financial Performance

For the first nine months of the financial year, Tata Steel reported consolidated revenues of ₹1,62,324 crores. EBITDA saw a 14% year-on-year growth, reaching ₹19,040 crores, with an EBITDA margin of 12%. In the Oct–Dec quarter, consolidated revenues were ₹53,648 crores, with EBITDA at ₹5,994 crores and an EBITDA margin of approximately 11%. During the quarter, the company invested ₹3,868 crores in capital expenditure, bringing the total capital expenditure to ₹12,450 crores between April and December 2024. The company’s net debt stands at ₹85,800 crores, while its liquidity position remains strong at ₹28,219 crores, which includes cash and cash equivalents of ₹13,119 crores.

India business reported revenues of ₹32,930 crores for the Q3FY25, with EBITDA of ₹7,921 crores, resulting in an EBITDA margin of 24%. Crude steel production was approximately 5.69 million tons, marking a 6% increase year-on-year. Deliveries totaled 5.29 million tons, an 8% YoY growth, driven by consistent domestic deliveries and a strong export presence. Additionally, the company’s newly commissioned 5 MTPA blast furnace at Kalinganagar is currently operating at around 8,500 tpd, with the ramp-up to its full capacity underway. Furthermore, a 0.9 MTPA Continuous Annealing Line (CAL) was successfully commissioned in December.

 

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.

On April 7, 2025, Godrej Consumer Products’ share price dropped after the company released its Q4FY25 business update. After opening at ₹1,161.40, the Godrej Consumer share price reached a day low of ₹1,121.00 at 10:05 AM on BSE.

The company stated that the management’s primary focus for the March quarter was on revitalising the standalone underlying volume growth (UVG) trajectory, maintaining the standalone EBITDA margin despite cost pressures, and sustaining momentum in the international business. “We remain largely on track to achieve all the stated objectives,” the company said.

While not providing specific numbers, Godrej Consumer Products projected its standalone UVG to be in the “mid-single digits,” with revenue growth expected to be in the “high single digits.” This performance was driven by a “mid-teens UVG in home care” and a “mid-single digit decline in personal care.”

The company noted that the personal care segment is still experiencing a price-volume rebalancing due to rising input costs. It also mentioned that EBITDA margins are likely to remain in a similar range to the December quarter, despite higher inflation in palm oil and related derivatives.

The international business continues to perform well, meeting its strategic goals, the company added.

For its Indonesia business, Godrej Consumer Products expects “mid-single digit UVG and low-single digit revenue growth.”

“In line with our guidance, the Godrej Africa, USA, and Middle East (GAUM) organic business is expected to deliver strong double-digit organic UVG and revenue growth. We continue to perform well in terms of profitability,” the company said.

At a consolidated organic level, the company forecasts “high-single digit INR sales growth and mid-single digit UVG.”

 

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.

On April 7, 2025, Delhivery share price is on investors’ radar as third-party logistics company Delhivery announced acquisition of Ecom Express. On April 5, 2025, the company, via an exchange filing, stated that it had signed a definitive agreement to acquire a controlling stake in Ecom Express Limited for a cash consideration of ~₹1,400 Cr from its shareholders.

Acquisition Timeline

The completion of the acquisition is subject to approval from the Competition Commission of India, and customary closing conditions. In addition, the company has appointed Shardul Amarchand Mangaldas & Co. as the legal advisor and Ernst & Young as the financial and tax diligence advisor for this transaction.

Management Take on Acquisition

Sahil Barua, MD and CEO of Delhivery, said, “The Indian economy requires continuous improvements in cost efficiency, speed and reach of logistics. We believe this acquisition will enable us to service customers of both companies better through continued bold investments in infrastructure, technology, network and people. The founders and management of Ecom Express have established a high-quality network and team, creating a strong foundation to integrate into Delhivery’s operations.”

Satyanarayana, founder of Ecom Express, said, “Delhivery is among India’s leading fully-integrated logistics service providers with significant scale advantages and will be the ideal shareholder for Ecom Express’ next phase of growth. With this acquisition and its inherent synergies, businesses across India as well as the logistics industry itself will benefit immensely through the combination of two like-minded players.”

 

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.

On April 7, 2025, Nykaa share price dropped ~3%, reaching a day low of 160.05 at 09:35 AM. The fall in Nykaa share price follows the release of the Q4FY25 business update.

Anticipates Revenue Growth in FY25

During Q4FY25, Nykaa (FSN E-Commerce Ventures Limited and its subsidiaries) continued its growth trajectory with consolidated net revenue growth expected to be in the low to mid-20s YoY. As a result, Nykaa expects its full FY2025 revenue growth to be in the mid-20s, demonstrating consistent growth across all quarters of the fiscal year.

Beauty Vertical to Outperform Industry

The GMV growth for the Beauty vertical is anticipated to significantly outperform the industry, reaching the low 30s. Nykaa’s Beauty vertical has maintained its solid momentum, with net revenue growth in the mid-20s. Key drivers of this strong performance include:

• Investments in customer acquisition over recent quarters, leading to steady order volume growth.
• Robust retail performance, driven by same-store sales growth (SSSG) and the rapid expansion of the retail network, with 19 new stores opened in Q4 FY2025.
• The growing success of the House of Nykaa is fueled by strong performances from both homegrown and acquired brands.

Fashion Vertical Performance

The GMV growth for the Fashion vertical is projected to be in the high teens, with a sequential improvement in the core platform business. However, net revenue growth is expected to be lower due to the underperformance of Nykaa Fashion-owned brands and reduced content-related activity in Q4 FY2025, which typically peaks in Q3.

 

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.

This week, starting April 7, 2025, is important for investors as various corporate actions are scheduled during the 4-day trading week. The corporate action this week comprises dividends, stock splits and spin-offs of companies including Pervasive Commodities, Siemens, Ashiana Housing and others.

Dividend Announcements

Saraswati Saree and Ashiana Housing will trade ex-dividend, which means their share prices will adjust to exclude the value of the declared dividend payouts

Both the companies mentioned above have declared interim dividends.

Stock Split

Under the Stock split, a company increases its outstanding shares in order to make the stock more affordable to investors. The stock split does not dilute the ownership interests of existing shareholders. During the week, Pervasive Commodities shares will split from the face value of ₹10 to ₹1. The shares will trade ex-date on April 7, 2025.

Spin-Off

A “spin-off” means when a parent company separates a subsidiary or business unit, creating a new independent company. On April 7, 2025, Siemens share price will trade ex-date due to the scheduled Spin-Off.

Conclusion

The week commencing April 7, 2025, presents key events for investors, including dividend announcements, a stock split, and a spin-off.

 

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.

The footwear industry has the potential to expand up to US$ 80 billion by 2030, which is 8 times its current size. This growth could create employment opportunities for over 3 million people and serve as a catalyst for entrepreneurship in the SME sector. Launching a footwear production unit takes only 6 months, including 4-6 weeks of skill training, and the industry is environmentally friendly. By 2040, the demand for footwear is expected to exceed 10 billion pairs annually.

The Union Budget for 2025-26 introduced a new Focus Product Scheme to boost productivity, quality, and competitiveness in the footwear sector. This initiative will support the development of design capacity, component manufacturing, and machinery for both leather and non-leather footwear.

With a projected turnover of ₹4 lakh crore and the potential to create 22 lakh jobs, this scheme is poised to drive industry growth and attract investment. Given these developments, let’s take a look at the top footwear stocks in March 2025, based on their 5-year CAGR performance.

Best Footwear Stocks in India For April 2025 Based on 5Y CAGR

Overview of 5 Best Footwear Companies in India Based on 5Y CAGR

1. Lehar Footwears Ltd

Incorporated in 1994, Lehar Footwears Ltd is a mass -footwear manufacturer and brand distribution company. The company’s growth drivers include new product development and branding of its products in international markets, entering into new geographies, thereby increasing the company’s TAM.

Key Metrics:

• ROE: 6.88%
• ROCE: 9.15%

2. Mirza International Ltd

Incorporated in 1979, Mirza International Ltd is a manufacturer & exporter of finished leather and footwear and a trader of footwear, apparel and allied products. The company experienced a 43% drop in revenue QoQ, with total income decreasing to ₹114.92 crores. The company recorded a net loss of ₹5.69 crores, reflecting a sharp 229.3% decline compared to the same period last year.

Key Metrics:

• ROE: 2.22%
• ROCE: 4.87%

3. Khadim India Ltd

Founded in 1981, Khadim India Ltd. is engaged in the manufacturing / retail business of footwear and accessories. During Q3FY25, the company reported a revenue of ₹1,601.7 million, marking a 2.5% YoY increase. For 9MFY25, revenues totaled ₹4,746.5 million, reflecting a modest 0.7% YoY growth. The gross margin for the quarter was 44.6%, while for the 9-month period of FY25, the gross margin stood at 46.7%, showing a decline of 160 basis points.

Key Metrics:

• ROE: 2.85%
• ROCE: 7.80%

4. Liberty Shoes Ltd

Incorporated in 1954, Liberty Shoes manufactures and trades footwear and accessories. The domestic market for fashion footwear is growing quickly, fueled by a rising middle class and increasing disposable income. This creates a solid foundation for local brands to expand and innovate.

Key Metrics:

• ROE: 7.21%
• ROCE: 9.45%

5. Super House Ltd

Founded in 1980, Superhouse Ltd manufactures and trades Leather, Leather Goods and Textile Goods, etc. The company’s growth drivers include strong export opportunity in existing and new markets, solid recognition in developed and emerging markets and rising share of premium speciality products in the revenue mix.

Key Metrics:

• ROE: 2.70%
• ROCE: 6.06%

Factors to Consider Before Investing in Footwear Stocks in India 

1. Market Demand and Consumer Behavior: With increasing disposable income, especially in urban areas, there is a growing demand for premium footwear. Understanding the purchasing power of the target market is essential.
2. Company Fundamentals: Analyze the financial health of footwear companies. Look at their revenue growth, profit margins, and cost management. Strong and consistent performance is a good indicator of a solid company.
3. Brand Strength and Recognition: Companies with well-known brands are often less risky due to their established presence in the market. Strong brands tend to perform better in both good and bad times.
4. Supply Chain and Distribution Network: Footwear production involves raw materials such as rubber, leather, and synthetic materials. A company’s ability to control its supply chain and maintain efficiency can influence its profitability.
5. Government Regulations: Changes in government policies related to import duties on raw materials or finished products could impact margins.

Conclusion

The government has showcased support for the development of the footwear sector by introducing a new Focus Product Scheme to boost productivity, quality, and competitiveness in the footwear sector in the union budget 2025-26. Before investing in footwear stocks in India, thorough research and an understanding of the company’s fundamentals, the competitive landscape, economic conditions, and consumer behavior are essential.

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.