Published on: February 14, 2025
Hero MotoCorp, India’s largest two-wheeler manufacturer, is grappling with multiple challenges, including a significant decline in market share and an exodus of key executives. The company’s market share dropped from 31.33% in 2023 to 29.02% in 2024, with its closest rival, Honda Motorcycle and Scooter India (HMSI), growing by 20%.
Hero’s new product launches, particularly in the EV and premium segments, have not gained expected traction, with the company’s electric scooter sales significantly lagging behind market leader Ola Electric. Despite introducing new models, Hero remains reliant on older models like the Splendor.
The company’s stock price has dropped 18% over the past year, with Bajaj Auto and TVS seeing growth. Hero's executive team has seen several departures, including the CEO and key business officers, affecting its overall strategy and decision-making.
Published on: February 14, 2025
Bajaj Consumer Care Ltd reported a 30.3% year-on-year decline in net profit to ₹25.3 crore for Q3 FY25, compared to ₹36.3 crore in the same period last year. The company's revenue fell by 6.3% to ₹234.4 crore, down from ₹250.2 crore in the corresponding quarter of FY24. EBITDA also took a significant hit, dropping 44.4% to ₹26.1 crore, with a margin of 11.1%, down from 18.8% last year.
Despite subdued demand in the general trade segment, the company saw growth in secondary sales and made progress in its international markets, with Bangladesh and Nepal showing robust performance.
Additionally, Bajaj Consumer Care's board approved the acquisition of Vishal Personal Care Pvt Ltd, which will become a wholly-owned subsidiary after completing the deal in two tranches. Shares of Bajaj Consumer Care fell 3.3%, closing at ₹172.85 on the BSE.
Published on: February 14, 2025
Setco Automotive Limited, a leading manufacturer of MHCV clutches in India, posted consolidated revenue of ₹499.8 crore for the nine months ending December 31, 2024, reflecting a 9.6% year-on-year growth. The company also reported a 36% increase in EBITDA to ₹68.6 crore, with margins improving from 11.6% to 13.7%.
In Q3 FY25, Setco's revenue reached ₹177.3 crore, a 7.4% increase, while EBITDA grew by 19% to ₹29.4 crore, marking a margin of 16.6%. The company attributed its strong performance to robust MHCV sector demand, a favorable sales mix, and operational efficiencies at its subsidiary, Lava Cast.
Setco also expanded its product portfolio and was recognized by Tata Motors with the NVB Excellence Award. Shares were trading at ₹17.93, down 2.02% on the NSE at 12:50 pm.
Published on: February 14, 2025
British American Tobacco (BAT), the largest shareholder in ITC Ltd, has announced plans to divest its 15% stake in ITC Hotels by 2026. The company stated that it has no interest in holding a long-term stake in a hotel chain in India.
This follows BAT’s sale of 3.5% of ITC’s ordinary shares in 2024, generating £1.6 billion in proceeds, which helped fund its £1.6 billion share buyback program. The move also follows the demerger of ITC's hotel business, which was restructured with ITC retaining a 40% stake.
ITC Hotels was listed on the National Stock Exchange and Bombay Stock Exchange in January 2025. BAT’s stake in ITC Ltd has now dropped from 29.02% to 25.45%, valued at $15 billion. Shares of ITC Hotels fell 4.12% to ₹162.90.
Published on: February 14, 2025
State-owned GAIL (India) Ltd has signed a Memorandum of Understanding (MoU) with Accelera by Cummins, the zero-emissions segment of Cummins Inc., to collaborate on clean energy and energy transition technologies in India. The MoU was signed during the India Energy Week 2025 in New Delhi.
This partnership aims to harness Accelera’s expertise in energy solutions and GAIL’s extensive natural gas infrastructure to explore green energy opportunities, including hydrogen production, blending, transportation, and storage. With GAIL moving its "net zero" target forward to 2035, this collaboration is a significant milestone in India's energy transition.
GAIL has been at the forefront of clean energy initiatives, including commissioning a 10 MW Green Hydrogen unit in April 2024 and conducting successful hydrogen blending trials in its CNG/PNG networks. Shares of GAIL were trading flat at ₹162.3 per share during early trading on February 14, 2025.
Published on: February 14, 2025
Indian stock markets are set to open higher on Friday, February 14, 2025, as GIFT Nifty futures show a 96-point gain at 23,204. The market is reacting to US President Donald Trump’s recent announcement of reciprocal tariffs, which could impact trade relations with several countries. Trump’s measure may lead to new tariffs on various sectors, including cars, semiconductors, and pharmaceuticals, with implementation expected by April 1, 2025.
In addition to the tariff news, market participants will focus on the bilateral talks between US President Donald Trump and Indian Prime Minister Narendra Modi. Key topics discussed included India’s border issues with China, trade relations, and defense agreements, with an aim to increase bilateral trade between the US and India to $500 billion by 2030.
Investors will also keep an eye on global market trends and India’s upcoming economic data, including the January wholesale price index (WPI) inflation report. In the stock market, various companies, including Aditya Birla Fashion and Glenmark Pharmaceuticals, will report their Q3 earnings, and key IPOs such as Hexaware Technologies and Quality Power Electrical Equipments will be in focus.
Analysts suggest a volatile and non-directional market, with key levels to watch for the Nifty and Sensex. Immediate resistance is seen at 23,200-23,250 for Nifty, and 76,500-76,750 for Sensex, with support zones at 22,950-22,900 and 75,700-75,600. Traders are advised to adopt level-based trading strategies as market sentiment remains cautious.
Published on: February 14, 2025
Follow our Cipla Stock Liveblog for up-to-the-minute information and in-depth analysis of one of the leading stocks in the healthcare sector. As of 14 February 2025, Cipla’s last traded price stands at Rs 1,459.45, with a market capitalization of Rs 1,17,867.23 crore and a trading volume of 1,703,559 shares.
The stock boasts a price-to-earnings ratio of 23.62 and earnings per share of 61.78. Our liveblog provides a comprehensive blend of fundamental and technical analysis to give you a clear overview of Cipla’s performance.
Stay ahead of market trends and breaking news that could impact Cipla's trajectory. Make well-informed decisions with expert insights and valuable market knowledge as we track Cipla’s potential.
Published on: February 14, 2025
Indian equities opened higher on Friday, February 14, 2025, snapping their longest losing streak in three months. The BSE Sensex rose by 0.38% to 76,427.47, while the Nifty50 gained 0.28% to 23,095.15. Despite the positive start, the broader markets underperformed, with the smallcap index down by over 0.5%. Sector-wise, metals and real estate stocks led the rally, while pharma and consumer durables showed weakness.
Market sentiment was boosted by reports of potential trilateral talks to end Russia’s ongoing war on Ukraine, with US President Trump engaging with Russian President Putin and Ukraine’s President Zelenskiy. On the Nifty, top gainers included Tata Steel, JSW Steel, Hindalco, Wipro, and M&M, while Adani Ports and Adani Enterprises were among the biggest losers.
Experts believe a delay in reciprocal tariff imposition by the US offers room for negotiations, providing a positive outlook for India. Geojit’s Anand James highlights the key Nifty support at 23,000, with upside potential toward 23,430 if momentum holds.
Published on: February 14, 2025
Get real-time updates on Tech Mahindra's stock performance through our liveblog. The latest data reveals a last traded price of Rs 1,659.1, with a market capitalization of Rs 162,390.56 crore and a trading volume of 961,944 shares. With a price-to-earnings ratio of 43.35 and earnings per share of 38.27, we provide a detailed analysis combining both fundamental and technical indicators.
Stay up-to-date with breaking news and expert recommendations to help you make informed financial decisions. The data points are updated regularly, ensuring you have the most current information at your fingertips. Join us as we explore Tech Mahindra's market potential and performance.
Published on: February 14, 2025
Indian equity markets witnessed a sharp decline in mid-day trading on Friday, as the benchmark indices extended their losses due to intensifying selling pressure across sectors. The BSE Sensex dropped 488.30 points (0.64%) to 75,650.67, and the Nifty50 fell 185.40 points (0.8%) to 22,846.00, slipping below the crucial support level of 23,000.
The broader market displayed a negative sentiment, with more than 5 stocks declining for every advancing stock on the BSE. Mid and small-cap stocks were hit particularly hard, with the Nifty Midcap Select index falling 2.58% and the Nifty Next 50 shedding 1.99%. The banking and financial services sectors also saw notable losses.
Among individual stocks, BEL, Adani Enterprises, and Adani Ports were the biggest losers, while a handful of FMCG and IT stocks, including Nestlé India and Tata Consumer Products, bucked the trend. The sharp market correction raised concerns over whether support will be found before the session's close.
Published on: February 14, 2025
Several stocks will be in focus on Friday due to significant corporate updates. Mahindra Lifespace Developers has approved raising up to Rs 1,500 crore through a rights issue, while Manappuram Finance plans to raise up to $2 billion under a global medium-term note programme. Bank of Baroda will also be in the spotlight, having approved raising up to Rs 8,500 crore via qualified institutional placements.
Tata Consultancy Services has entered into a transformation agreement with UPM, while UltraTech Cement is expanding its capacity with an additional 0.6 MTPA slag-based grinding unit in Tamil Nadu. Piramal Enterprises has approved the issuance of non-convertible debentures worth Rs 450 crore, and United Breweries plans a Rs 750 crore investment in a new brewery in Uttar Pradesh.
Additionally, Religare Enterprises has appointed Praveen Kumar Tripathi as its new chairperson until June 2025. These developments are expected to influence stock movements and market sentiment.
Published on: February 14, 2025
Reliance Consumer Products Limited (RCPL) has announced the acquisition of Velvette, the iconic FMCG brand recognized for its pioneering sachet packaging innovation. The deal was made with Velvette's parent company, Sujatha Biotech, though the financial details remain undisclosed.
Founded by the late CK Rajkumar, often called the 'sachet king' of India, Velvette revolutionized the personal care industry by making products affordable and accessible to millions. The acquisition will see RCPL acquire a perpetual license for the Velvette brand, with plans to revive its legacy, expand its product range, and reach modern consumers.
RCPL aims to leverage its scale, technology, and deep market understanding to enhance Velvette’s offerings and strengthen its presence in the FMCG space. This move aligns with Reliance's strategy of reintroducing India’s cherished heritage brands to new generations of consumers.
Published on: February 14, 2025
The Reserve Bank of India (RBI) is expected to maintain its record fund infusion into the banking system as the liquidity deficit continues to widen. Experts anticipate the central bank will continue using various tools, including Variable Rate Repo (VRR) auctions, Open Market Operations (OMO), and dollar/rupee buy/sell swaps to manage the situation.
In recent days, the RBI has infused Rs 9.81 lakh crore through daily VRR auctions, alongside Rs 40,000 crore in OMO purchases and Rs 75,003 crore via 49-day VRR auctions. The liquidity deficit has remained between Rs 1.91 lakh crore and Rs 2.42 lakh crore.
While the RBI Governor, Sanjay Malhotra, assured that the central bank will provide adequate liquidity to the system, ongoing challenges such as tax outflows, forex market interventions, and reduced government spending continue to strain liquidity. Experts foresee a further liquidity deficit from March, prompting additional measures by the RBI.
Published on: February 14, 2025
The Indian stock markets continued their downward trend as the BSE Sensex and NSE Nifty 50 registered losses for the eighth consecutive session, with the Sensex falling by 199.76 points to close at 75,939.21 and the Nifty 50 slipping 127.20 points to settle at 22,904.20.
The risk-averse sentiment dominated, driven by disappointing corporate earnings, particularly from mid- and small-cap stocks, along with external factors such as tariffs and a weakening Indian Rupee. Volatility is expected to remain high, with Foreign Institutional Investors (FII) outflows persisting.
Despite the broad-based decline, stocks like Nestle India, TCS, Tata Consumer, and Hindustan Unilever stood out as top gainers. The broader market saw a sharp decline, with mid and small-cap indices losing over 2% and 3%, respectively.
All sectors ended in the red, with significant losses in media, metal, oil & gas, pharma, and realty stocks. Meanwhile, gold prices saw a slight increase, with 24-carat gold priced at Rs 87,160 for 10 grams.
Published on: February 13, 2025
The Indian automotive industry kicked off 2025 with a strong performance in exports, with total automotive exports rising by 40.2% year-on-year in January. Passenger vehicle (PV) exports grew by 17%, two-wheeler (2W) exports surged by 46.2%, and three-wheeler (3W) exports increased by nearly 20%.
However, domestic dispatches saw only modest growth, with PVs up by 1.6%, 2Ws by 2.1%, and 3Ws by 7.7%. Major automakers like Maruti Suzuki, Hyundai, and Bajaj Auto reported a rise in export volumes, with Maruti focusing on global exports of its new e-Vitara.
The Union Budget and RBI interest rate cuts are expected to further boost consumer confidence and drive future demand.