Wipro Ltd has set Jan 28, 2025, as the record date for its interim dividend for FY25. On January 17, 2025, Wipro declared an interim dividend of ₹6, which will be paid on Monday, February 15, 2025, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as of Friday, January 28, 2025.

Wipro Dividend Record Date: What This Means For Shareholders?

As Wipro has set the record date for the interim dividend, which means that Jan 28, marks the last to purchase Wipro shares to get eligible for the interim dividend. Further, any shares bought on Jan 28 (record date), won’t be eligible for the interim dividend.

Wipro Q3FY25 Results

Wipro’s Q3 FY25 results showed a mixed performance. Gross revenue stood at ₹223.2 billion ($2,608.9 million), reflecting a marginal growth of 0.1% QoQ and 0.5% YoY. However, the IT services segment reported a decline in revenue, totalling $2,629.1 million, down 1.2% QoQ and 1.0% YoY. On a constant currency basis, IT services revenue grew 0.1% QoQ but fell 0.7% YoY. Total bookings reached $3,514 million, with large deal bookings at $961 million, showing a 6.0% YoY increase in constant currency.

The IT services operating margin improved to 17.5%, marking a 0.7% QoQ and 1.5% YoY rise. Net income surged by 24.5% YoY to ₹33.5 billion ($392.0 million), and earnings per share increased 24.4% YoY to ₹3.21 ($0.04). Operating cash flows were robust at ₹49.3 billion ($576.4 million), up 3.0% YoY and 146.5% of net income. The company also reported a voluntary attrition rate of 15.3% on a trailing 12-month 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 securities market are subject to market risks, read all the related documents carefully before investing.

On January 27, 2025, NTPC Green Energy shares dropped approximately 4%, reaching a low of ₹107.90 at 10:20 AM, after opening at ₹111.60. The decline in NTPC Green Energy shares follows the release of the company’s financial results for the quarter ending December 31, 2024. NTPC Green reported an 18%YoY growth in net profits, reaching ₹65.61 crore, up from ₹55.61 crore in the same quarter last year. Revenue from operations rose 13.2% to ₹505.08 crore, compared to ₹446.14 crore in the previous year’s corresponding quarter.

However, the company’s expenses surged by 26%, totalling ₹482.22 crore, up from ₹383.28 crore in the same period last year. NTPC Green Energy’s standalone net profits saw a significant 52% increase, climbing to ₹89.42 crore for the quarter, compared to ₹58.73 crore in Q3 of the previous year.

NTPC Green Latest Project

On January 24, 2025, NTPC Green’s wholly owned subsidiary NTPC Renewable Energy Limited (NTPC REL), was selected as a successful bidder in the e-reverse auction conducted by NHPC Limited. As a result, it secured a contract for Setting up of 1200 MW (1.2 GW) ISTS (Inter State Transmission System) Connected Solar Power Projects with 600MW/1200MWh Energy Storage Systems (ESS) on an anywhere-in-India basis under Tariff Based Competitive Bidding with Green Shoe Option.

About NTPC Green Energy Limited

NTPC Green Energy is a renewable energy company that focuses on undertaking projects through organic and inorganic routes. NTPC Green Energy had been listed on the Indian stock market in late November 2024, raising ₹10,000 crore from investors during its IPO.

 

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 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 January 27, 2025, PC Jeweller shares slipped ~3% and touched the day low of ₹13.60 at 09:45 AM after opening at ₹13.92. PC Jeweller shares are on investors’ radar after the company announced a settlement with SEBI on January 25, 2025. PC Jeweller has settled with the Securities and Exchange Board of India (SEBI), agreeing to pay ₹7.23 crore to resolve allegations of violating the Listing Obligations and Disclosure Requirements (LODR) Regulations.

In February 2024, SEBI issued a show-cause notice to the company over accusations of failing to disclose or delaying disclosure of loan defaults, misclassifying loans as non-performing assets (NPAs), not submitting a resolution plan to lenders, and providing misleading information to investors.

With the settlement, the adjudication proceedings on the matter have been concluded. PC Jeweller filed for settlement in April 2024, without admitting or denying the findings or legal conclusions.

PC Jeweller Q3FY25 Results Announcement

PC Jeweller has recently announced that it will conduct a Board meeting on February 4, 2025, to consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and nine months ended December 31, 2024.

About PC Jeweller Limited

PC Jeweller is involved in the manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai-based firms.

 

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 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 January 27, 2025, JK Cement shares are on investors’ radar after the release of the financial results for the quarter ended December 31, 2024. JK Cement’s net profit witnessed a significant decline of 33.1%, falling to ₹190 crore, compared to ₹284 crore in the same period last year.

The company’s consolidated revenue for the quarter stood at ₹2974.83 crore, a slight decrease of 0.05% compared to ₹2819.99 crore in the third quarter of the previous fiscal year.

Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) came in at ₹490 crore, reflecting a 21.6% drop from ₹625 crore recorded during the same period last year. The company’s EBITDA margin also slipped to 16.8%, down from 21.3% in the previous year.

JK Cement Operational Performance 

As of December 31, 2024, JK Cement’s total production capacity stood at 24.34 MTPA for grey cement and 3.05 MTPA for white cement and wall putty.The company’s expansion of its 6 MTPA grey clinker capacity is progressing well and remains on track.

In line with its sustainability goals, the company commissioned 11 MW of renewable energy (RE) power capacity under Group Captive in the current quarter. Additionally, JK Cement signed agreements for 39 MW of Group Captive RE power, bringing the total RE power arrangements under Group Captive to 267 MW.

Strategic Acquisition of Saifco Cements

The company’s board of directors has given in-principle approval for the acquisition of a 60% equity shareholding in Saifco Cements Private Limited. The transaction will involve a Shareholders Agreement (SHA) and a Securities Subscription and Purchase Agreement (SSPA) with Saifco and its shareholders. The total consideration for the 60% stake is ₹174 crore, based on the enterprise value.

 

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 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 January 27, 2025, Godrej Consumer Products shares slipped 3% to the day low of ₹1,096.30 at 09:20 AM after opening at ₹1,107.75 Limited (GCPL). The fall in Godrej Consumer shares follows the release of its financial results for the quarter ending December 31, 2024. The company delivered a mixed performance, with growth in several markets but facing challenges in others.

Godrej Consumer Q3 FY 2025 Financial Performance

GCPL reported a 6% year-on-year growth in consolidated organic sales for Q3 FY 2025. A breakdown of segment-wise performance is as follows:

• The standalone business saw a 4% increase in sales, with volumes remaining flat year-on-year.
• Indonesia posted solid growth, with volumes up by 6% and sales increasing by 9% in INR terms compared to the previous year.
• In Africa, the USA, and the Middle East, organic sales declined by 8% in INR terms, though they grew by 1% in constant currency terms.
• Latin America and Other markets saw a significant surge in sales, increasing by 165% in INR terms and 28% in constant currency terms.

The company’s consolidated EBITDA margin for the quarter stood at 20.2%. However, consolidated net profit declined by 14% year-on-year (excluding exceptional items and one-offs), primarily due to temporary headwinds affecting performance.

Godrej Consumer Category Performance

• Home Care: Home Care sales grew by 4%, although Household Insecticides were impacted by a relatively poor season. In contrast, Goodknight Agarbatti showed strong performance, capturing a substantial market share in the Incense Sticks category and is expected to become a market leader. Premium formats experienced some setbacks due to the urban consumption slowdown, but share gains in premium segments indicate that the RNF molecule is resonating with consumers.
• Personal Care: Personal Care grew by 2%, with Personal Wash volumes declining by mid-to-high single digits. However, price hikes helped offset volume losses. The company continues to face inflationary pressures, particularly in palm derivatives, which have resulted in higher pricing across its portfolio. These pressures are expected to continue in the near term. Notably, Magic Handwash saw strong double-digit volume growth.

Godrej Consumer Business Update

In Indonesia, GCPL reported an 8% growth in constant currency sales and a 9% increase in INR terms. Volumes grew by 6%, and the company improved its EBITDA margins, which expanded by approximately 60 basis points year-on-year, reaching 21.5%. Household Insecticides also saw strong volume growth, delivering teen volume growth on a two-year CAGR basis.

In the Africa, USA, and Middle East regions, GCPL reported a 1% growth in organic sales in constant currency terms, though sales in INR terms declined by 8%. The company achieved an EBITDA margin of 14.8%, a notable improvement of approximately 340 basis points year-on-year, driven by gross margin expansion, better product mix, and a reduction in controllable costs.

Godrej Consumer Interim Dividend

The Board of Directors of Godrej Consumer declared an interim dividend of ₹5 per share and fixed February 3, 2025, as the record date and will pay the interim dividend of February 23, 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 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 Electric Vehicle (EV) sector in India is currently in the rapid growth phase on the back of government incentives, rising environmental concerns, and technological advancements. The nation is looking to substantially grow EV adoption, and change its transportation landscape towards sustainability and innovation with initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. In this blog, we will explore the best EV stocks for Feb 2025 based on different parameters.

Best EV Stocks For Feb 2025 Based on 5Y CAGR

Note: The stocks mentioned above have been selected and sorted based on 5Y CAGR as of January 23, 2024

Overview of 5 Best EV Stocks Based on 5Y CAGR

JBM Auto Ltd

Incorporated in 1983, JBM Auto Ltd is engaged in the manufacturing and sells sheet metal components, tools, dies & moulds. It is the market leader in e-buses. Recently, JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto Limited, secured the contracts as a bus operator for Procurement, Operation and Maintenance of 343 Electric Buses for Ahmedabad BRTS, Ahmedabad Municipal Transport Service under Gross Cost Contracting [GCC] and some leading Corporates.

Key Metrics:

• ROE: 15.9%
• ROCE: 14.4%

KPIT Technologies Ltd

KPIT is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future. During Q2 FY25, commenced strategic engagements in the electric powertrain and connected domains for a leading American car manufacturer.

Key Metrics:

• ROE: 31.2%
• ROCE: 38.4%

M&M Ltd 

Mahindra & Mahindra (M&M) Ltd is one of the most diversified automobile companies in India. M&M enjoys market leadership with a market share of 43.6% in the E-3W segment and the company has recently launched two new PV BE 6E and XEV 9E.

Key Metrics:

• ROE: 18.4%
• ROCE: 13.6%

Tata Motors Ltd

Tata Motors Group is a leading global automobile manufacturer, it offers a wide and diverse portfolio of cars, SUVs, trucks, buses and defence vehicles to the world. During Q2 FY25, JLR radically transformed its plant in Halewood, Merseyside in preparation for electric vehicle production.

Key Metrics:

• ROE: 49.4%
• ROCE: 20.1%

Ashok Leyland Ltd

Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. During Q2FY25, the company received a large order of 180 electric trucks in 19- and 55-ton categories. It is also progressing well in creating new centres of excellence for EVh.

Key Metrics:

• ROE: 28.4%
• ROCE: 15.0%

Best EV Stocks For Feb 2025 Based on Net Margin

Note: The stocks mentioned above have been selected and sorted based on net margin as of January 23, 2024

Best EV Stocks For Feb 2025 Based on Debt to Equity

Note: The stocks mentioned above have been selected and sorted based on debt to equity as of January 23, 2024

What are EV Stocks?

EV stocks represent companies that produce or supply electric vehicles, batteries, motors, software, and charging stations. Electric cars not only cut down on fuel expenses but also emit much less pollution. With India’s push for electric mobility, more investors are turning to top EV stocks in the country.

Factors to Consider Before Investing in EV Stock

There are several important factors to consider before investing in electric vehicle (EV) stocks,

1. Market Growth and Demand: Assess the potential expansion of the EV market, taking into consideration government policies, incentives, and the growing demand for eco-friendly transportation. Pay attention to trends in EV adoption and the development of supporting infrastructure, such as charging stations.
2. Company Financials: Review the financial stability of the EV companies you are interested in, including their revenue growth, profitability, debt, and cash flow. A solid financial base can help a company navigate market fluctuations.
3. Technology and Innovation: Look at the company’s commitment to innovation, especially in areas like battery technology, autonomous driving, or EV-related software. Companies leading in technological advancements could have a competitive advantage.
4. Government Regulations and Support: Investigate the regulatory environment for electric vehicles in the country where the company operates. Government incentives, subsidies, and policies aimed at reducing emissions can play a crucial role in boosting EV company profits.

EV Sector in India: An Overview

India’s electric vehicle (EV) market is expected to grow at a compound annual growth rate (CAGR) of 28.52%, reaching a value of US$ 18.319 billion by 2029, up from US$ 5.22 billion in 2024. Furthermore, the Indian EV battery market is predicted to rise from US$ 16.77 billion in 2023 to US$ 27.70 billion by 2028. Leading players in the industry are working to enhance EV charging infrastructure.

For example, Hyundai Motor India is making strides to increase EV accessibility across the country by expanding its ultra-fast charging network, adding 11 new stations in key cities such as Mumbai, Pune, Ahmedabad, Hyderabad, Gurugram, and Bangalore, as well as along major highways.

 

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 January 24, 2025, the Indian benchmark indices ended lower, whereby Nifty 50 fell 0.49% to 23,092.20 while Sensex dropped 0.43% to 76,190.46. Nifty Media and Nifty Realty fell 2.60% and 2.37%, respectively.

Top Gainers of the Day

Hindustan Unilever

HUL shares saw a solid gain, opening at ₹2,332.85 and closing at ₹2,380.10, marking a 2.52% increase, reflecting positive momentum.

Britannia

With a 1.74% gain, Britannia shares opened at ₹5,037.70 and reached a high of ₹5,108.00 before closing at ₹5,100.00.

Eicher Motors

Eicher Motors shares opened at ₹5,134.00 and closed at ₹5,190.25, posted a 1.45% gain.

Grasim

Grasim shares showed a 1.38% increase, with an opening price of ₹2,466.35 and closing at ₹2,495.00.

ICICI Bank

ICICI Bank shares had a modest 0.99% gain, starting at ₹1,203.10 and ending at ₹1,213.70, showing mild but steady upward momentum.

Top Losers of the Day

Dr Reddy

Dr Reddy shares opened at ₹1,229.95 and closed at ₹1,226.20, reflecting a 4.9% drop after hitting a low of ₹1,203.50, indicating significant negative pressure.

Trent

Trent shares saw a decline of 4.09%, opening at ₹5,720.00 and closing at ₹5,499.00 after dipping to ₹5,466.45, showing notable weakness.

M&M

M&M shares dropped by 3.03%, starting at ₹2,875.00 and closing at ₹2,799.00 after hitting a low of ₹2,790.00, suggesting a downward trend.

Adani Enterprises

Adani Enterprises shares fell by 2.97%, opening at ₹2,387.75 and ending at ₹2,314.05 after reaching a low of ₹2,299.40, reflecting a negative shift.

BPCL

BPCL shares declined by 2.95%, opening at ₹274.00 and closing at ₹263.25 after reaching a low of ₹263.00, signalling a sharp drop.

 

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.