Pocketful

Blog

  • List Of Best Logistics Stocks in India 2025

    List Of Best Logistics Stocks in India 2025

    Have you ever wondered how the products you order while lounging on your couch get delivered in a matter of hours? The journey of a product from the factory to consumers is taken care of by the logistics companies. These companies play a crucial role in ensuring seamless delivery, making them some of the best logistics companies in India.

    In this blog post, we will provide an overview of the logistics sector and the top 5 companies based on market capitalization and 1-year return.

    Overview of Logistics Industry in India

    Logistics Industry in India

    The logistics industry plays an important role in providing a facility for the movement of goods and services in commerce and trade. The companies in this sector provide services such as transportation, warehousing, freight forwarding, management of inventory and supply chain, etc. India’s freight and logistics market is currently valued at $317.3 billion and is expected to reach a valuation of $545.6 billion by 2030. This industry requires adequate infrastructure, technology, skilled labor, etc., to grow at a higher pace. 

    Top Logistics Stocks Based on the Market Capitalization 

    The top logistics stocks in India are:

    S.No.Logistics Stocks
    1Container Corporation of India Ltd.
    2Aegis Logistics Ltd.
    3Delhivery Ltd.
    4Blue Dart Express Ltd.
    5TVS Supply Solutions Ltd.

    The logistics stocks have been listed in descending order based on their market capitalization in the table below:

    CompanyMarket Capitalization (In Crores)Share Prices (In INR)52 Week High Price52 Week Low Price
    Container Corporation of India Ltd.39,452 518653 473
    Delhivery Ltd.33,187 444490 237
    Aegis Logistics Ltd.24,177 689946 639
    Blue Dart Express Ltd.13,996 5,8987,225 5,190
    TVS Supply Chain Solutions Ltd.4,485 102160 92.2
    (Data as of 05 February 2026)

    Read Also: List of Best Monopoly Stocks in India

    5 Best Logistics Stocks in India Based on Market Capitalization – An Overview

    The best logistics stocks in India are given below, along with a brief overview:

    1. Container Corporation of India Ltd.

    The company was incorporated in 1988 and is a public-sector undertaking under the Ministry of Railways. The company focuses on containerized delivery and handling services. Container Corporation of India, or CONCOR, has been given the status of Navratna. It began working in 1989 by taking over 7 Inland Container Depots (ICDs) from the Indian Railways. The company operates on a vast network of ports across India and provides logistic solutions for air cargo complexes.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -11.60%7.05%34.22%
    (Data as of 05 February 2026)

    2. Aegis Logistics Ltd.

    The company was incorporated in 1956, and initially, the company was engaged in manufacturing chemicals. Later, it shifted its focus to providing logistic facilities for liquid chemicals, petroleum products, and LPG. They operate storage facilities at major ports such as Mumbai, Haldia, Kochi, etc. The company’s headquarters is situated in Mumbai.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -9.02%85.94%131.58%
    (Data as of 05 February 2026)

    3. Delhivery Ltd.

    The company was founded in 2011 and was initially focused on offering delivery services for local restaurants and offline stores in Gurgaon. The next year, they shifted their business to provide e-commerce logistic facilities across the nation for parcel delivery. Through its strategic partnership with FedEx, the business grew and offered more services, such as cross-border logistics and freight services. In 2022, the company came up with an IPO to raise capital. Its headquarters is situated in Gurgaon, Haryana. 

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    35.01%46.37%-10.44%
    (Data as of 05 February 2026)

    4. Blue Dart Express Ltd.

    The company was established in 1983 by Tushar Jani, Khushroo Dubash, and Clyde Cooper. The company was focused on providing courier services in India and abroad. The company also has a subsidiary named ‘Blue Dart Aviation,’ which operates as a cargo airline in South Asian countries. In 2002, DHL Express acquired a majority stake in the company. The company’s headquarters is situated in Mumbai.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -9.05%-3.68%32.90%
    (Data as of 05 February 2026)

    5. TVS Supply Chain Solutions Ltd.

    The company was established in 2004 as TVS Logistics Services Limited. Later, the company made various acquisitions, including companies in the UK and USA, to increase its geographical reach. In 2009, the company acquired Multipart Holding, a major logistics player in the UK. In 2019, the company changed its name to TVS Supply Chain Solutions Limited. The company was listed on the Indian stock market in August 2023. The company’s headquarters is situated in Chennai.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -28.26%-50.83%-50.83%
    (Data as of 05 February 2026)

    Top Logistics Stocks Based on 1-Year Return

    The logistics stocks have been listed in descending order based on their 1-year returns in the table below:

    S.No.Logistics Stocks1 Year Returns (%)
    1Navkar Corporation Ltd.16.18%
    2DJ Mediaprint and Logistics Ltd.89.06%
    3AVG Logistics Ltd.81.65%
    4North Eastern Carrying Corporation Ltd.80.70%
    (Data as of 05 February 2026)

    Read Also: List of Best Recycling Stocks in India

    Best Logistics Stocks in India Based on 1-Year Return – An Overview

    The overview of best logistics stocks according to 1-year return is given below:

    1. Navkar Corporation Ltd.

    This company was founded in 2008 by the conversion of an existing partnership firm named Navkar Infra and Logistics Corporation. In 2015, the company went public on the Indian Stock Exchange. The company offers extra services, including cargo customizing, labeling, packaging, and logistic services. The company’s headquarters are located in Mumbai. 

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    16.18%69.75%143.96%
    (Data as of 05 February 2026)

    2. DJ Mediaprint and Logistics Ltd.

    DJ Corporation was the name under which the company was founded in 1999 as a sole proprietorship. The company started concentrating on courier and logistical services, but in 2000, it also started offering bulk mailing services. The business renamed itself DJ Logistics Solutions Private Limited in 2009, and in 2022, it filed for an initial public offering (IPO) to raise money for expansion. The organization’s head office is in Mumbai.  

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -41.72%95.56%39.09%
    (Data as of 05 February 2026)

    3. AVG Logistics Ltd.

    AVG Logistics Private Limited was founded in 2010. In 2018, the company became a publicly traded company and went public. The company offers a variety of services, including completely and partially loaded trucks, cold chain logistics, and warehouse facilities. Coca-Cola, Mother Dairy, Ultratech Cement, MRF, and other companies are some of the company’s main clients. Its headquarters are situated in New Delhi.  

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -50.33%18.02%247.15%
    (Data as of 05 February 2026)

    4. North Eastern Carrying Corporation Ltd.

    North Eastern Carrying Corporation Limited was established in 1984. The corporation initially operated as a transporter in the northern and eastern parts of India. Today, the company provides services in India, Nepal, Bangladesh and Bhutan. The company went public in 2012. The company recently bagged an order from the Gas Authority of India. Its main office is located in New Delhi. 

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -53.89%-37.07%59.81%
    (Data as of 05 February 2026)

    Key Performance Indicators (KPIs)

    CompanyROE (%)ROCE (%)Debt to EquityP/EP/B
    Container Corporation of India Ltd.10.6613.36047.345.05
    Aegis Logistics Ltd.14.6113.890.4344.066.63
    Delhivery Ltd.-2.72-1.400.01-133.333.12
    Blue Dart Express Ltd.22.0123.890.1965.7414.10
    TVS Supply Chain Solutions Ltd.-5.576.380.4467.793.05
    Navkar Corporation Ltd.-0.081.220.113591.02
    DJ Mediaprint and Logistics Ltd.15.0221.110.4667.4810.13
    AVG Logistics Ltd.15.9616.890.4420.473.27
    North Eastern Carrying Corporation Ltd.7.136.551.0624.111.44
    (As Date of March 2025)

    Benefits of Investing in Logistics Stocks

    There are various benefits of investing in logistics stocks, a few of which are mentioned below:

    • Growth Potential – With the expansion of e-commerce, there will eventually be a greater need for logistics services, which will present an investment opportunity for investors. 
    • Demand for Product – The need for logistical infrastructure is growing as disposable income rises, and so is the demand for products. 
    • Government Support – The Indian government introduced the ‘National Logistics Policy’ in 2020 for the development of the logistics sector.
    • Innovations – The businesses in this industry are embracing new technologies, which will allow them to achieve efficiency.  

    Factors to Be Considered Before Investing in Logistics Stocks

    Investing in Logistics Stocks

    There are various factors that one should consider before investing in logistics stocks:

    • Efficiency of company – It is necessary to evaluate the business’s efficiency in terms of asset utilization, cost-effectiveness, and technology use, among other things. Companies need to make use of the newest technologies on the market to increase productivity. 
    • Network – The business with wider geographic operations will be at a competitive advantage over rivals. 
    • Client Base – A business with a large client base and good customer retention rates will have a more reliable revenue stream.  

    Future of the Logistics Industry in India

    In India, the logistics sector has a lot of room to grow. India is ranked 38th out of 139 nations in the World Bank’s Logistics Performance Index for 2023. According to other reports, the logistics business in India is projected to expand at an annualized rate of 9.46%. At this rate, the industry is estimated to reach a valuation of around 545.6 billion USD by 2030 from its present value of 317.3 billion USD. This implies that there is a lot of room for growth in this market going forward.  

    Read Also: List of Top 10 Blue Chip Stocks in India with Price

    Conclusion

    The development of a nation is significantly influenced by the logistics sector. People purchase more products as their disposable income rises, and this industry makes it easier for them to buy those goods whenever and wherever they want. Nevertheless, before making any investments, one should take into account the possible risks associated with the logistics industry, which include operating and regulatory changes, economic downturns, and more. 

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1List of Best Tata Group Small Cap Stocks
    2List of Aviation Stocks in India
    3Best Midcap IT Stocks List
    4Top 10 Consumer Staples Stocks in India
    5Top 10 Most Expensive Stocks in India
    6List of Best Chemical Stocks in India
    7List of Best Cement Stocks in India
    810 Best Agro Chemicals Sector Stocks
    9List of Best Railway Stocks in India
    10List Of Best Footwear Stocks in India

    Frequently Asked Questions (FAQs)

    1. What are the main business of logistics sector companies?

      Logistics companies are generally involved in supply chain management, transportation of goods, inventory management, warehouse-related services, etc.

    2. Is there any difference between transportation and logistics stocks?

      There is a slight difference between transportation and logistics companies; transportation companies are generally engaged in moving goods and people from one place to another, whereas logistics companies also offer additional services like warehouses for storing goods, supply chain management, etc., along with the transportation of goods.

    3. What are the prominent players in the Indian logistics sector?

      The major players in the Indian logistics sector are Container Corporation of India Limited, Aegis Logistics Ltd., Delhivery Limited, Blue Dart Express Limited, TVS Supply Chain Limited etc.

    4. What is the meaning of cold chain logistics?

      Cold chain logistics refers to storing and transporting temperature-sensitive products such as pharmaceuticals, perishable foods, ice creams, etc.

    5. Is it good to include logistics stocks in your portfolio?

      Including logistics stocks in your portfolio provides you with the benefit of diversification and reduces the overall risk. However, you must consult your investment advisor before making any investment decision.

  • List Of Best Footwear Stocks in India 2026

    List Of Best Footwear Stocks in India 2026

    Today’s generation invests heavily in footwear and even goes the extra distance to acquire some limited edition sneakers. Many investors are having a hard time deciding which brands will come up with the next big trend in this constantly changing industry.

    As designers forecast which trends will be the most successful, investors must be able to identify the best footwear companies in India that will be at the forefront of technology and popularity. In today’s blog, we will discuss the key footwear companies in India and share all the necessary details so that you can walk proudly into the footwear investment arena. 

    Overview Of the Footwear Industry in India

    The Indian footwear industry is of considerable size and contributes around 2% to GDP. On the global scale, India is the second-largest producer of footwear, producing over 2.2 billion pairs annually. India’s footwear industry is valued at $26 billion in 2024 and is expected to reach $90 billion by 2030. Major players such as Bata, Relaxo, Liberty, and many small players cater to diverse consumer preferences in urban and rural areas.

    Footwear Industry in India

    Government initiatives, such as the ‘Make in India’ campaign and other trade policies, have also nurtured higher production capacity and export potential. India exports about $2 billion of footwear annually. Some of the key export destinations are the USA, the UK, and Germany. As the industry evolves, sustainable and innovative practices will become more important and give India an edge to establish itself as a global hub for quality and affordable footwear.

    Top Footwear Stocks in India Based on Market Capitalization

    The top footwear stocks are:

    S.No.Footwear Stocks
    1Metro Brands Ltd.
    2Relaxo Footwears Ltd.
    3Bata India Ltd.
    4Redtape Ltd.
    5Campus Activewear Ltd.
    6Liberty Shoes Ltd.

    The footwear stocks have been listed in descending order based on their market capitalization in the table below:

    CompanyMarket Capitalization (In crores)Share Prices (In INR)52 Week High Price (In INR)52-Week Low Price(In INR)
    Metro Brands Ltd.28,234 1,0361,340 890
    Relaxo Footwears Ltd.9,298 374575 354
    Bata India Ltd.11,106 8641,384 835
    Redtape Ltd.9,660699810411
    Campus Activewear Ltd.8,386 274304 210
    Liberty Shoes Ltd.451 265475 210
     (As of 4 February 2026)

    Read Also: List of Best Recycling Stocks in India

    Best Footwear Stocks in India Based on Market Capitalization– An Overview

    The best footwear stocks in India are given below, along with a brief overview:

    1. Metro Brands Ltd.

    Metro Brands Ltd. is a footwear retailer in India that started as a shoe store in 1955. The group sells various products under its brands, including Metro, Mochi, Walkway, and Da Vinci, as well as third-party brands like Crocs and Skechers. Metro Brands has 629 stores across 140 cities in India, with plans to add 260 new stores by FY25. The business group follows an omnichannel strategy, wherein the physical presence and online platforms work in unison to craft a smooth customer experience.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -22.50%37.58%136.75%
     (As of 4 February 2026)

    2. Relaxo Footwears Ltd.

    Relaxo Footwear Ltd. was established in 1984 and has positioned itself as a major player in the footwear industry. The company designs, manufactures, and markets sandals, slippers, footwear, and athletic shoes. Relaxo operates more than 350 retail outlets, and its products are available on major e-commerce portals. Relaxo’s execution strategy is centered on being a value-for-money brand with broad coverage and a clear mission of being a quality brand for the masses.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -31.53%-52.84%-55.57%
     (As of 4 February 2026)

    3. Bata India Ltd.

    Bata India Limited was established in 1931, and it is one of the leading footwear companies in India. Bata owns brands such as Hush Puppies, Power, Marie Claire, etc. Bata operates through its chain of retail outlets and over 10,000 multi-product dealerships, making it easily accessible. Innovation is among the company’s priorities, and the company releases approximately 4,000 new designs annually. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    -38.24%-43.09%-45.04%
     (As of 4 February 2026)

    4. Redtape Ltd.

    Redtape Ltd. was established in 1996 and offers footwear and apparel to its customers. The company designs its footwear range in its design studios in the UK, making its designs unique and trendy. Redtape products are available online and can also be bought from its stores. It was the first Indian footwear brand to sell its products in UK markets, and today, its products are available worldwide. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    -33.50%3.05%3.24%
     (As of 4 February 2026)

    5. Campus Activewear Ltd.

    Campus Activewear Ltd., which started its journey in 2005, is India’s largest sports and athleisure footwear company. The company offers several products, such as running shoes, casual shoes, and sandals for men, women, and children. Campus Activewear has access to more than 19,200 geographically mapped retail outlets, 425 distributors, and more than 250 authorized stores. In terms of the business strategy, the company targets a major market share of the growing and organized sports footwear market in India.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -1.96%-27.44%-24.06%
     (As of 4 February 2026)

    6. Liberty Shoes Ltd.

    Liberty Shoes Ltd. was founded in 1954. Its corporate office is situated at Karnal, Haryana. The company has more than 100 outlets and operates in 25 countries. It designs and manufactures formal, casual, and sports shoes for men, women, and children. It offers over 1,000 designs and has developed the company’s notable principles of quality and innovation. Liberty Shoes follows a vertical integration of business strategy that incorporates designing, manufacturing, and selling the shoes.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -35.44%11.91%94.79%
     (As of 4 February 2026)

    Top Footwear Stocks Based on 1-year Return

    The footwear stocks have been listed in descending order based on their 1-year returns in the table below:

    S.No.Company1-Year Return
    1Liberty Shoes Ltd.-35.44%
    2Lehar Footwears Ltd.-11.82%
    3Khadim India Ltd.-55.09%
    4Sreeleathers Ltd.16.06%
    5Metro Brands Ltd.22.06%
     (As of 4 February 2026)

    Read Also: List of Best Monopoly Stocks in India

    Best Footwear Stocks in India 2026 Based on 1-Year Return – An Overview

    The best footwear stocks according to 1-year return are given below, along with a brief overview:

    1. Lehar Footwears Ltd.

    Lehar Footwears Ltd. was established in 1994. Lehar manufactures a variety of footwear, including rubber, PU, PVC, EVA, and TPR soles. The company initiated its presence with an annual capacity of 45 lakh pairs of shoes, whose capacity has surged to over 6.94 crore pairs per annum. The business model followed by Lehar emphasizes modern technology and the ISO certification it acquired through the maintenance of standards, with added value in quality and affordability.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -11.82%204.47%934.48%
     (As of 4 February 2026)

    2. Khadim India Ltd.

    Khadim India Ltd It is one of the leading footwear retailing companies in the country. This company has a wide merchandise portfolio, selling formal and casual shoes for men, women, and children. Khadim has more than 850 retail outlets and has branches in over twenty states of India. The company offers a wide variety of footwear designs at affordable prices.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -55.09%-18.11%36.77%
     (As of 4 February 2026)

    3. Sreeleathers Ltd.

    Sreeleathers Ltd. Footwear and Leather Products Manufacturing Company, established in 1984, is located in Kolkata, West Bengal. The company has more than 150 outlets all over India and has export operations in many foreign countries. Company products include casual formal and sports shoes and leather accessories. The company’s business model is vertically integrated, where the company is involved in designing, manufacturing, and selling the products. The company aims to achieve high standards for quality to increase its market share.

    An overview of the remaining stocks has been given above in the market capitalization section.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -16.06%12.04%48.80%
     (As of 4 February 2026)

    Key Performance Indicators 

    CompanyNet Profit Margin (%)ROCE (%)TTM EPS(in Rs.)TTM P/E (x)P/B (x)
    Metro Brands Ltd.14.2721.4512.8578.8675.08
    Relaxo Footwears Ltd.6.1010.836.8459.504.83
    Bata India Ltd.7.5218.725.7347.419.95
    Redtape Ltd.8.4125.063.0847.3910.22
    Campus Activewear Ltd.7.6018.713.9758.079.30
    Liberty Shoes Ltd.2.0010.987.9240.572.46
    Lehar Footwears Ltd.3.9217.056.1534.594.44
    Khadim India Ltd.1.2111.112.76104.692.10
    Sreeleathers Ltd.10.269.7511.5922.531.11
    (all the above data is of the year ended March 2025 except P/E and P/B)

    Benefits of Investing in the Footwear Industry

    The benefits of investing in footwear stocks are:

    • Strong Market Growth: The Indian Footwear market is supposed to grow at a CAGR of 4.84% from 2023 to 2028, which will result in the growth of revenues and profits of footwear companies.
    • Strong Demand: Increased spending on footwear by consumers due to rising disposable incomes and an expanding middle class would boost revenue growth for footwear companies.
    • Government Support: The government has policy initiatives such as the Indian Footwear and Leather Development Program (IFLDP) to strengthen infrastructure and sustainability in the sector and, thereby, support the industry.

    Factors to Consider Before Investing in the Footwear Industry

    Investing in the Footwear Industry

    An investor must consider the following factors before investing in footwear stocks:

    • Market Trends and Demand: Investors must understand consumer preferences and trends in athleisure and sustainable footwear.
    • Competitive Landscape: The industry is rather competitive. Analysis of the market share, distribution channels, and innovation strategies can help investors identify companies with competitive advantages.
    • Financial performance: The financial health of the firm, like revenues and growth, profit margins, and return on investment, is one of the most important considerations for an investor.

    The Future of Footwear Industry

    The future of the footwear industry in India is bright due to rising consumer demand and the growth of disposable incomes. The market is valued at USD 26 billion in 2024 and is expected to reach $90 billion by 2030. Leather footwear accounts for the largest share of about USD 17.28 billion.

    Government initiatives like the IFLDP, with a budget of INR 1700 crore, are proposed for infrastructure building and the long-term sustainability of the sector. At the same time, the rapidly increasing focus on e-commerce is opening up market access, providing customers with a wide range of choices, and encouraging competition and innovation.

    Read Also: List of Best Travel Stocks in India 

    Conclusion

    Footwear stocks represent shares of companies that design, manufacture, and sell footwear products. Some of the key characteristics of footwear companies in India are consistent demand and brand loyalty.The advantages of investing in footwear stocks are strong growth potential and resistance to economic cycles. 

    The best way to choose a good footwear stock to invest in is by analyzing the company’s performance based on market position and prospects for further growth. All these factors will help one understand the opportunity better and make the right investment decisions to capture this growth opportunity. However, it is advised to consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1Best Logistics Stocks in India
    2List of Aviation Stocks in India
    3Best Midcap IT Stocks List
    4Best Shipping Stocks in India
    5Top 10 Most Expensive Stocks in India
    6List of Best Chemical Stocks in India
    7List of Best Cement Stocks in India
    810 Best Agro Chemicals Sector Stocks
    9List of Best Railway Stocks in India
    10List Of Best Footwear Stocks in India

    Frequently Asked Questions (FAQs)

    1. Why should you invest in footwear stocks in India?

      Footwear stocks present a great investment opportunity due to growing consumer demand, rising disposable incomes, and strong government support. 

    2. How has the footwear sector performed in India recently?

      There was a robust recovery after the pandemic, which was attributed to stable local demand and growth in exports.

    3. How do the government’s policies affect the footwear sector?

      Government policies like GST benefits and export incentives can positively affect footwear companies’ growth and profitability. Policies also provide incentives related to production.

    4. Are footwear stocks a risky investment?

      Risk factors linked to footwear stocks in India include variations in consumer taste, fluctuations in raw material prices, and competition from disorganized sectors.

    5. What are some prominent footwear companies in India?

      Metro Brands, Relaxo Footwear, Redtape, Campus Activewear, etc., are some of the prominent footwear companies in India.

    6. Which is the footwear capital of India?

      The footwear capital of India is Agra, located in Uttar Pradesh.

  • Yes Bank Case Study: Business Model, Financial Statement, SWOT Analysis

    Yes Bank Case Study: Business Model, Financial Statement, SWOT Analysis

    Yes Bank is well-known for its pioneering approach and expertise in digital banking. The bank’s journey has been marked by both successes and setbacks as it strives to adapt to changing market conditions and regulatory needs. Despite the hurdles, Yes Bank has continued to demonstrate resilience.

    Today’s blog presents a case study on Yes Bank, which includes insights into the bank’s journey, business model, and current financial position. 

    Yes Bank Overview and History

    Company Overview and History

    Yes Bank is a private sector bank with its headquarters located in Mumbai, India. It is known for its technology-driven approach and offers a wide range of products and services for retail, MSME, and corporate clients. The bank also offers brokerage services through its subsidiary, YES Securities.

    Yes Bank was founded in 1999 by Indian bankers Ashok Kapur, Harkikat Singh, and Rana Kapoor. They worked with Rabobank from the Netherlands, who owned a majority stake. In 2003, it was renamed as Yes Bank. A banking license was granted in 2004, and in 2005, the bank went public through an IPO.

    The bank has a pan-India presence with 1,198 branches and 1,345 ATMs. It also has an international banking unit (IBU) at GIFT City and a representative office in Abu Dhabi.

    The RBI Takeover!

    In 2018, the bank’s financial health began to deteriorate due to asset quality issues and concerns regarding corporate governance.

    In 2020, the RBI took control of the Bank and fixed limits on withdrawals to protect depositors. A reconstruction scheme was implemented, with investors infusing INR 12,000 crores. These investors included the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, etc. State Bank of India took a 49% stake and was the lead participant.

    Yes Bank has been restructured under a new management to regain trust and stability. The bank has been focused on improving asset quality and strengthening its risk management framework.  

    Read Also: SBI Case Study: India’s Leading Public Sector Bank

    Business Model of Yes Bank

    Yes Bank is a full-service commercial bank offering a comprehensive range of financial products and services to individuals, small and medium-sized enterprises, and large corporations.

    The business model mainly revolved around three segments:

    • Retail Banking – This segment serves individual customers by offering various products and services, including savings accounts, current accounts, deposits, loans (home, personal, auto), credit cards, investment advisory, and wealth management.
    • SME & Corporate Banking – This segment caters to small and medium-sized businesses and large corporations. It provides different financial solutions such as working capital finance, term loans, cash management services, trade finance, and advisory services.
    • Investment Banking – Through its subsidiary, YES Securities, the bank provides investment banking services such as equity and debt capital markets, mergers and acquisitions, and financial advisory.

    Furthermore, the bank positions itself as a technologically advanced institution, blending innovation and services to deliver a smooth banking experience. Customer satisfaction and digital banking have set it apart from others.

    Market Data of Yes Bank 

    Current Market PriceINR 23.8
    Market Capitalization INR 74,610 crores
    52 Week HighINR 32.8
    52 Week LowINR 14.1
    (As of 5 August 2024) 

    Financial Statements Analysis of Yes Bank

    Income Statement

    ParticularsFY 2024FY 2023FY 2022
    Interest Income27,60522,70219,018
    Total Income32,96026,82622,423
    Total Expenses29,53623,62519,509
    Profit before tax1,5377351,064
    Net Profit1,2857361,064
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Income Statement of Yes Bank

    Balance Sheet

    ParticularsFY 2024FY 2023FY 2022
    Advances2,27,7992,03,2361,80,959
    Total Assets4,06,3613,55,2043,18,577
    Deposits2,66,2292,17,3821,97,062
    Total Shareholder Funds35,45334,01828,687
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Balance sheet of Yes Bank

    Cash Flow Statement

    ParticularsFY 2024FY 2023FY 2022
    Cash flow from Operating activities9,644-25,81623,597
    Cash flow from Investing activities-12,430-12,904-14,511
    Cash flow from Financing activities2,77011,4508,391
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Cash Flow Statement of Yash Bank

    Key Performance Indicators (KPIs)

    ParticularsFY 2024FY 2023FY 2022
    Net Interest Margin (%)1.982.222.03
    Net Profit Margin (%)4.653.245.59
    ROCE (%)0.880.950.96
    CASA (%)30.9130.7731.11

    SWOT Analysis of YES Bank.

    SWOT Analysis of YES Bank.

    Strengths

    1. Yes Bank has a strong brand image and is still recognized by customers for its innovative products and services, even after the crisis.
    2. It has been a leader in digital banking, providing a strong online and mobile banking platform.
    3. Its presence in retail, SME, and corporate banking provides a stable revenue stream.

    Weaknesses

    1. The bank has gone through considerable financial instability in recent years, which has raised concerns about the quality of its assets and the adequacy of its capital.
    2. Most of Yes Bank’s loan portfolio is concentrated in the corporate sector, leading to an increased risk of NPAs in case of defaults.
    3. Yes Bank’s recovery largely depends on external funding, which can be risky.

    Opportunities

    1. The bank can benefit from the growing demand for digital banking services in India by expanding its customer base and enhancing service quality.
    2. It also has an opportunity to expand its operations into underserved markets, especially in rural and semi-urban areas.
    3. The government’s efforts to strengthen the banking sector through policies like financial inclusion and digital India can create growth opportunities.

    Threats

    1. The Indian banking sector is highly competitive, with both public and private banks and fintech companies vying for market share.
    2. Enhanced regulatory needs and vigilant oversight have the potential to significantly influence banking operations and profitability.
    3. Yes Bank faces cyber security threats as it expands digitally, which could cause financial and reputational harm.

    Read Also: Small Finance Bank Share List in India

    Conclusion

    From facing a severe liquidity crisis to being rescued by a consortium of financial institutions, the bank has undergone drastic changes in its leadership and operations. It remains to be seen how the future unfolds for Yes Bank and whether it can regain its stability and trust in the market. However, the bank has shown impressive resilience in its recovery. While challenges persist, the future of Yes Bank appears promising. However, it is advised to consult a financial advisor before investing.

    Frequently Asked Questions (FAQs)

    1. When did the RBI take control of Yes Bank?

      The Reserve Bank of India (RBI) took control of Yes Bank in March 2020.

    2. Who is the CEO of Yes Bank?

      Prashant Kumar is the Managing Director and CEO of Yes Bank.

    3. Is Yes Bank listed on stock exchanges?

      Yes Bank is listed on NSE and BSE.

    4. What is the current market price and market capitalization of Yes Bank?

      The market price of Yes Bank is INR 23.8, and the market capitalization is INR 74,610 crores on 5 August 2024.

    5. Should I invest in Yes Bank?

      Investors should thoroughly analyze the financial statements and consider other factors affecting the banking industry before investing in Yes Bank.

  • List of Best Telecom Stocks in India 2026

    List of Best Telecom Stocks in India 2026

    The Indian telecom sector is one of the largest and fastest-growing industries in the country. The telecom sector in India has undergone a remarkable transformation over the past few decades, evolving from a state-controlled monopoly to a highly competitive market with multiple private players. The industry encompasses a wide range of services, including mobile and fixed-line telephony, broadband, and value-added services. So, if you want to go from network to net worth, telecom stocks can be an investment for you.

    In this blog, let’s look at the best telecom stocks in India and the reasons to invest in them.

    Overview of the Telecom Sector 

    Overview of the Telecom Sector 

    Investing in telecom stocks in India can be promising due to the sector’s growth potential driven by increasing digital connectivity, expanding 5G networks, and rising data consumption. Its key segments are listed below:

    1. Mobile Telecommunications

    • Voice Services: Traditional voice calling services are provided by mobile network operators.
    • Data Services: Internet and data connectivity services, including mobile broadband (3G, 4G, 5G).
    • Value-Added Services (VAS): Additional services like SMS, MMS, caller tunes, and mobile banking.

    2. Fixed-Line Telecommunications

    • Voice Services: Landline telephone services.
    • Broadband Services: Fixed broadband and internet services, including fiber-to-the-home (FTTH) and DSL.

    3. Internet Services

    • Internet Service Providers (ISPs): Companies providing internet access and related services to consumers and businesses.
    • Wi-Fi Services: Public and private Wi-Fi networks.

    4. Telecom Infrastructure

    • Towers and Antennas: Physical infrastructure for mobile and wireless networks.
    • Fiber Optic Networks: High-speed data transmission networks.
    • Data Centers: Facilities for data storage, processing, and cloud services.

    5. Enterprise Solutions

    • Managed Services: Outsourced management of IT and telecom networks.
    • Unified Communications: Integration of various communication services like voice, video, messaging, and conferencing.
    • IoT Solutions: Internet of Things services for various applications like smart cities, industrial automation, and connected devices.

    6. Telecom Equipment and Devices

    • Network Equipment: Routers, switches, and other hardware for telecom networks.
    • Customer Premises Equipment (CPE): Devices like modems, routers, and set-top boxes used by customers.
    • Mobile Devices: Smartphones, tablets, and other mobile gadgets.

    7. Over-the-Top (OTT) Services

    • Streaming Services: Video and audio streaming platforms like Netflix, Amazon Prime, etc.
    • Messaging Services: Instant messaging applications like WhatsApp, Telegram, etc.
    • VoIP Services: Voice over Internet Protocol services like Skype.

    8. Telecom Software and Applications

    • Network Management Software: Tools for monitoring and managing telecom networks.
    • Billing and CRM Systems: Software for billing, customer relationship management, and support.
    • Security Solutions: Cybersecurity tools for protecting telecom networks and data.

    9. Satellite Communications

    • Satellite Broadband: Internet services can be provided via satellite, often for remote and rural areas.
    • Broadcasting Services: TV and radio broadcasting via satellite.

    Top Telecom Stocks in India Based on Market Capitalization

    The top telecom stocks in India are:

    S.no.Telecom Stocks
    1Reliance Industries Ltd.
    2Bharti Airtel Ltd.
    3Vodafone Idea Ltd.
    4Tata Communications Ltd.
    5Tejas Network Ltd.
    6Mahanagar Telephone Nigam Ltd.

    The telecom stocks have been listed in descending order based on their market capitalization in the table below:

    CompanyMarket Cap (₹ Cr.)CMP (₹)52-Week High (₹)52-Week Low (₹)
    Reliance Industries Ltd.20,37,5903,0113,2182,220
    Bharti Airtel Ltd.8,91,1381,4921,539847
    Vodafone Idea Ltd.1,10,37116.319.27.50
    Tata Communications Ltd.56,7421,9912,0851,543
    Tejas Network Ltd.21,2241,2401,495651
    Mahanagar Telephone  Nigam Ltd.5,24283.210219.7
    (As of 31 July 2024) 

    Best Telecom Stocks in India Based on Market Capitalization – An Overview

    Here are brief introductions and business models of the top Indian telecom stocks 

    1. Reliance Industries Ltd.

    Reliance Jio Infocomm Limited, a subsidiary of Reliance Industries, has revolutionized the Indian telecom market with its aggressive pricing strategy and extensive 4G network. The services were made available to the general public on 5 September 2016. It is the leading operator with a large subscriber base with over 46.72 crore subscribers. It has strong financial backing, which has helped it lead the 5G rollout in India, partnering with global tech companies for network and technology advancements. Currently, the company is also developing its 6G service. The company’s headquarters is in Navi Mumbai.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -16.20%1.25%66.12%
    (Data as of 17 February 2025)

    2. Bharti Airtel Ltd.

    Bharti Airtel was established by Sunil Mittal in 1995 and offers services in 18 countries. The company has a strong urban and rural presence and is known for superior network quality and customer service. It is the second-largest mobile network operator in India. The expansion of the 5G network will help increase the Average Revenue Per User (ARPU) through premium services and partnerships for digital services. Headquarters of Bharti Airtel is located in New Delhi.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    49.55%131.42%201.55%
    (Data as of 17 February 2025)

    3. Vodafone Idea Ltd.

    Vodafone Idea was formed by the merger of Vodafone India and Idea Cellular in  2018 and has a large subscriber base. VI is India’s third-largest mobile network operator but has been facing financial challenges and high debt levels in recent times. The company has been unable to invest in 5G services due to fundraising delays and government debt, which has significantly affected the financial performance of the company. 

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -47.84%-21.88%124.86%
    (Data as of 17 February 2025)

    4. Tata Communications Ltd.

    Tata Communications was previously known as Videsh Sanchar Nigam Limited before it was acquired by the Tata Group in 2008. The company provides a range of communication services and solutions, focusing on enterprise solutions, global connectivity, and the Internet of Things (IoT). The company has an extensive data center network present at 44 locations worldwide. The company is focusing on cloud services, cybersecurity solutions, and strategic partnerships to enhance the quality of its services.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    -17.40%19.50%289.07%
    (Data as of 17 February 2025)

    4. Tejas Networks Ltd.

    Tejas Networks is a telecom equipment manufacturer that designs, develops, and sells high-performance telecom and data networking products. The company was established by Sanjay Nayak in 2000 and has its headquarters in Bangalore. The company is known for its strong R&D capabilities and focus on optical and broadband products. The company focuses on strategic alliances with international firms to develop products and invest in new technologies to increase its revenues.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    4.41%78.30%996.84%
    (Data as of 17 February 2025)

    5. Mahanagar Telephone Nigam Limited (MTNL)

    Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider in India. It was founded in 1986 and has its headquarters in New Delhi. The company had a strong presence in the metropolitan areas of Mumbai and Delhi, offering a range of telecom services until 1992. The company suffered and lost subscribers when other service providers entered the telecom sector. The government decided to merge MTNL and BSNL on 23 October 2019 to revive the loss-making PSUs.

    Know the Returns:

    1Y Return (%)3Y Return (%)5Y Return (%)
    4.96%84.82%372.82%
    (Data as of 17 February 2025)

    Performance of Telecom Stocks

    Company6 Months Return1 Year Return
    Reliance Industries Ltd.5.46%18.03%
    Bharti Airtel Ltd.27.53 %67.77%
    Vodafone Idea Ltd.13.38%96.02%
    Tata Communications Ltd.14.62 %10.85 %
    Tejas Network Ltd.58.68 %52.14 %
    Mahanagar Telephone  Nigam Ltd.66.94%315.06 %
    (As of 31 July 2024) 

    Key Performance Indicators

    CompanyROE (%)ROCE (%)Debt to EquityP/E (X)P/B (X)
    Reliance Industries Ltd.8.779.380.4129.832.59
    Bharti Airtel Ltd.9.113.131.85116.810.63
    Vodafone Idea Ltd.0-4.12-1.99-2.58-1.32
    Tata Communications Ltd.54.218.755.6661.0931.45
    Tejas Network Ltd.1.994.270.55126.176.69
    Mahanagar Telephone Nigam Ltd.0-60.94-1.27-1.52-0.23
    (All the above data is of the year ended March 2024)

    Read Also: List Of Best IT Stocks in India

    Benefits of Investing in Telecom Stocks 

    The benefits of investing in telecom stocks are:

    • High Growth Potential: The sector offers robust growth prospects, making it an attractive investment opportunity.
    • Untapped Markets: Rural areas represent a significant growth opportunity for telecom operators. Initiatives to improve network coverage and affordability in these regions will drive subscriber growth.
    • Innovation and Technology: Advancements in technology, services and digitalization are driving productivity and quality improvements.
    • Government’s support: The government supports this sector through regulations and policies.
    • Improving Financial Health: Strategic investment and consolidation will lead to a more balanced landscape with fewer stronger players. 

    Factors to Consider Before Investing in Telecom Stocks

    An investor must consider the following factors before investing in telecom stocks:

    • Market Position: Companies with strong market shares and competitive advantages are generally safer bets.
    • Financial Health: Evaluate balance sheets, debt levels, revenue growth, and profitability.
    • 5G Rollout: Companies leading in 5G technology and network expansion may have higher growth prospects.
    • Regulatory Environment: Telecom is a highly regulated sector, and investors must stay informed about policy changes and regulatory impacts.
    • Innovation and Diversification: Companies investing in new technologies and diversifying their offerings could have long-term growth potential.
    • High Capital Expenditure: Significant investment is required for network expansion and technology upgrades, especially for 5G.
    • Competitive Pressure: Intense competition and price wars can impact profitability.

    Future of the Telecom Industry

    The Indian telecom sector is poised for continued growth, driven by technological advancements, increasing internet penetration, and supportive government policies. The transition to 5G is expected to be a game-changer, unlocking new revenue streams and transforming the digital landscape. The future of the telecom industry looks bright because:

    • Rural Penetration: Untapped rural markets present significant growth opportunities.
    • Digital Services: Expanding digital services such as mobile banking, e-commerce, and online education.
    • Enterprise Solutions: Increasing demand for enterprise communication solutions, cloud services, and managed services.
    • 5G and Beyond: The deployment of 5G technology and future advancements offer vast growth potential.
    Future of the Telecom Industry

    Emerging Trends in the telecom sector are listed below:

    • 5G Networks: High-speed, low-latency mobile networks enabling advanced applications like autonomous vehicles and smart cities.
    • Edge Computing: Distributed computing closer to the data source to reduce latency and improve performance.
    • Blockchain in Telecom: Enhancing security, transparency, and efficiency in operations and transactions.
    • Artificial Intelligence (AI): AI-driven network management, customer service, and predictive maintenance.

    Read Also: List Of Best Textile Stocks in India

    Conclusion

    The Indian telecom sector is a dynamic and rapidly evolving industry with significant growth potential. While it faces challenges, there are opportunities presented by technological advancements and government initiatives that make it an attractive area for investment and development. However, it is advised to always consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    110 Most Undervalued Stocks in India
    2List of Best Monopoly Stocks in India
    3Top 10 Best Summer Stocks in India
    4List of Top 10 Blue Chip Stocks in India with Price
    5List Of Best Logistics Stocks in India
    6Best Copper Stocks in India
    7Best Jewelry Stocks in India
    8Best Metal Stocks in India
    9Best Semiconductor Stocks in India
    10Best Chemical Stocks in India

    Frequently Asked Questions (FAQs)

    1. What should an investor consider before investing in a Telecom stock?

      Consider the company’s overall market position with respect to its competitors, its financial health, growth prospects, competitive advantages, entry barriers, government policies, etc, before investing in telecom stocks.

    2. What kind of market structure does the Telecom Sector have?

      It has an oligopoly market structure where a few firms dominate the sector. 

    3. How does the Telecom sector generate revenue?

      Telecom companies generate revenue through subscription fees for voice and data services, value-added services, enterprise solutions, and advertising. They also earn from leasing infrastructure and selling telecom equipment.

    4. What is ARPU, and why is it important?

      ARPU stands for Average Revenue Per User. It is a key metric indicating the revenue generated per user and is crucial for assessing a telecom company’s financial health and profitability.

    5. What are Value-Added Services in Telecom?

      Value-added Services are additional services provided by telecom operators beyond standard voice calls and data. These include SMS, MMS, caller tunes, mobile banking, and entertainment services like music and video streaming.

  • Tata Steel Case Study: Business Model, Financial Statements, SWOT Analysis

    Tata Steel Case Study: Business Model, Financial Statements, SWOT Analysis

    India has done remarkably well since gaining independence to develop its infrastructure, including its buildings, ports, and railroads. Steel is the primary material utilized in all infrastructure-related activities. An Indian corporation founded before the nation’s independence manufactures essential raw materials like steel.

    In today’s blog post, we will present a case study on Tata Steel Limited, financial statements and do a SWOT analysis.

    Tata Steel Company Overview

    Tata Steel Overview

    The renowned Indian businessman Mr Jamsetji Tata established Tata Iron and Steel Company Limited (TISCO) in 1907 and was later renamed Tata Steel Ltd. in 2005. The firm established its first facility and began producing steel in 1912. The business provided steel to the defense sector during the Second World War. In 2004, the business bought Singapore-based NatSteel Holdings to broaden its global presence. The company has since completed several domestic and foreign acquisitions. The most recent occurred when it bought Bhushan Steel Limited in 2018. The company’s headquarters are in Mumbai. 

    Business Model of Tata Steel

    Tata Steel’s business model is diversified and robust, encompassing the entire steel value chain. Owning coal and iron ore mines in India ensures a steady supply of raw materials, while steel factories in Europe and India strengthen its global presence. Leveraging cutting-edge technologies, Tata Steel enhances product innovation and efficiency. Notably, the Tata Steel business model significantly impacts India’s economy, contributing nearly 4% to the GDP annually.

    Product Portfolio of Tata Steel

    The company provides hot rolled, cold rolled, coated coil, tubes, rebar, and wire rods to various industries such as automotive, construction, consumer goods, agriculture, etc. Long steel products, including wire, rod, rail and bars, are utilized to build railroads and infrastructure. Flat products are used in the manufacturing of consumer durables and automobiles. In addition, they offer related goods like steel-coated and stainless steel products.  

    Market Data of Tata Steel Limited

    Current Market PriceINR 158
    Market Capitalization INR 1,97,302 crores
    52 Week HighINR 184 
    52 Week LowINR 114 
    (As of 2 August 2024) 

    Financial Statements of Tata Steel

    Income Statement

    ParticularsFY 2024FY 2023FY 2022
    Total Revenues2,30,9792,44,3902,44,744
    Total Expenditure2,24,5612,20,2741,89,704
    Net Profit-4,8517,65741,100
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Income Statement of Tata Steel

    The above graph clearly shows that the company’s revenue from operations has decreased, which has directly impacted the company’s net profit.

    Balance Sheet

    ParticularsFY 2024FY 2023FY 2022
    Current Assets70,54886,66592,556
    Total Assets2,73,4232,88,0212,85,445
    Current Liabilities98,40397,29590,588
    Total Shareholder Funds92,0351,03,0821,14,443
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Balance Sheet of Tata Steel

    Based on the above table, we can conclude that the company’s current assets have decreased over time, whereas its current liabilities have increased.

    Cash Flow Statement

    ParticularsFY 2024FY 2023FY 2022
    Net Cash flow from Operating Activities20,30021,68344,380
    Net Cash flow from Investing Activities-14,251-18,679-10,881
    Net Cash flows from Financing Activities-11,096-6,980-23,401
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Cash Flow Statement of Tata Steel

    The company’s cash flow from operating activities showed a positive figure, which also exhibits a declining trend, and its cash flow from investing and financing activities showed negative figures.

    Key Performance Indicators (KPIs)

    ParticularsFY 2024FY 2023FY 2022
    Operating Margin (%)6.219.8622.61
    Net Profit Margin (%)-2.113.1416.84
    ROCE (%)8.1312.5828.31
    Current Ratio0.720.891.02
    Return on Net Worth/Equity (%)-4.828.4935.08
    Debt to Equity Ratio0.890.760.60

    The company’s net profit and operating profit margin have been on a declining trend for the last 3 years, and so has its return on capital employed.

    Read Also: Tata Motors: Ordinary Shares vs DVR Shares

     SWOT Analysis of Tata Steel

    Tata Steel SWOT Analysis highlights its strengths, weaknesses, opportunities, and threats in the competitive steel industry:

     SWOT Analysis of Tata Steel

    Strengths

    • Brand Image – The companies of the Tata Group are well-known in India. It helps them in attracting new customers.  
    • Broad Product Range– The company offers a wide variety of products, which helps it cater to multiple industries.
    • Geographical Reach – The corporation can continue to rely on a steady income stream because of its presence in Europe and India. 
    • Product Pricing – The firm owns some of the mines, allowing it to control the expenses and prices of its products. 

    Weaknesses

    • Cost of Acquisition – Tata Steel has made numerous domestic and international acquisitions, which will increase the company’s debt. 
    • Business Cycle – The steel industry is cyclical, and steel companies may not perform well during tough economic times.
    • Prices of Commodities – Changes in commodity prices will directly impact the performance of this industry.  

    Opportunities

    • Technological Advancement – The corporation will be able to lower production costs by integrating modern technologies into production processes.
    • Strategic Partnership – The business can broaden its reach by forming more strategic alliances with foreign companies. 
    • Product Diversification – By adding specialized steel goods to its lineup, the corporation can broaden its product offering and increase sales. 

    Threat

    • Competition – The price war between businesses will intensify due to the increased competition, which will lower the company’s profit margin. 
    • Global Demand – Any economic downturn will result in a decline in the demand for steel goods, which would affect the company’s revenue and profits. 
    • Environmental Concern – Due to the carbon-intensive nature of the steel-making process, the corporation must invest to lower its carbon footprint.  

    Read Also: JSW Steel Case Study: Business Model, Product Portfolio, and SWOT Analysis

    Conclusion

    Tata Steel has been a part of India’s business landscape for a century and is among the country’s oldest enterprises. The company is one of the world’s biggest steel producers, with operations worldwide. However, the company reported a net loss in the last financial year and also faces environmental concerns. However, one should consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1HDFC Bank Case Study: Business Model, Financial Highlights, and SWOT Analysis
    2Vedanta Case Study: Business Model, Financial Statement, SWOT Analysis
    3Nestle India Case Study: Business Model, Financial Statement, SWOT Analysis
    4BPCL Case Study: Business Model, Product Portfolio and SWOT Analysis
    5Apollo Hospitals Case Study : Business Model, Financial Statements, And SWOT Analysis

    Frequently Asked Questions (FAQs)

    1. Who is the CEO of Tata Steel Limited?

      Mr. Thachat Viswanath Narendran is the company’s current CEO and managing director.

    2. Where are Tata Steel’s major plants located in India?

      Tata Steel’s major plants are located in Jamshedpur and Kalinganagar.

    3. Where is Tata Steel headquartered?

      The headquarters of Tata Steel is situated in Mumbai.

    4. Is Tata Steel a profitable company?

      The company has reported a net loss of INR 4,851 crores for FY 2024. Along with this, the company’s revenue has also fallen.

    5. What are the risks associated with investing in Tata Steel Shares?

      The company reported a loss in FY 2024 and faces competition and environmental concerns, making investment in Tata Steel shares risky.

  • List Of Best Healthcare Stocks in India 2026

    List Of Best Healthcare Stocks in India 2026

    With its emphasis on disease prevention, illness diagnosis, treatment, and injury management, healthcare plays an important role in human civilization. The objective of healthcare is to improve the health and well-being of individuals. India’s healthcare sector is rapidly growing, driven by factors such as increasing disposable income, rising healthcare expenses, and a growing elderly population. This surge has made the healthcare industry a fascinating investment option.

    Today’s blog explores the best health care stocks in India that an investor can watch out for, their recent returns, and how the healthcare industry is poised for growth in the future.

    Overview of the Healthcare Industry in India

    The healthcare industry has emerged as one of the biggest contributors to India’s economy in terms of income and job creation. The Healthcare industry was valued at $372 billion in 2023 and employs around 7.5 million individuals. The Indian Government has introduced comprehensive changes to fortify the healthcare industry and launched favorable policies to attract Foreign Direct Investment (FDI). The Aatmanirbhar Bharat Abhiyaan initiatives include several immediate and long-term strategies for the healthcare sector, like PLI programs aimed at enhancing the production of pharmaceuticals and medical equipment domestically. The healthcare sector in India is witnessing interest from investors worldwide and within the country. Furthermore, the COVID-19 pandemic has highlighted the challenges facing the healthcare industry, and the companies are investing huge amounts to tackle them. 

    Top Healthcare Stocks in India Based on Market Capitalization

    List of Top Healthcare stocks based on the Market Capitalisation

    S.no.Healthcare Stocks
    1Apollo Hospitals Enterprise Ltd.
    2Max Healthcare Institute Ltd.
    3Fortis Healthcare Ltd.
    4Global Health Ltd.
    5Krishna Institute of Medical Sciences Ltd.

    The healthcare stocks have been listed in descending order based on their market capitalization in the table below:

    CompanyMarket CapCurrent Market Price52-week High52-Week Low
    Apollo Hospitals Enterprise Ltd.97,426 6,7768,100 6,001
    Max Healthcare Institute Ltd.95,150 9781,314 940
    Fortis Healthcare Ltd.63,228 8381,105 521
    Global Health Ltd.27,454 1,0211,456 1,001
    Krishna Institute of Medical Sciences Ltd.24,228 606798 474
     (As of 27 January 2026)

    Read Also: List Of Best Pharma Stocks in India

    Best Healthcare Stocks in India Based on Market Capitalization – An Overview

    The best healthcare stocks in India are given below, along with a brief overview:

    1. Apollo Hospitals Enterprise Limited

    Apollo Hospitals Enterprise Limited is India’s largest private healthcare provider and a global leader in integrated healthcare services. Dr. Prathap C. Reddy founded it in 1983, and it has led India’s healthcare revolution. The group provides a comprehensive range of services through a network of 73 hospitals across India and abroad, Apollo Pharmacy chains, primary care and diagnostic clinics, remote healthcare consultations, etc.

    They introduced several groundbreaking medical procedures in India, such as coronary artery bypass surgery, organ transplantation, and telemedicine.

    1Y Return (%)3Y Return (%)5Y Return (%)
    0.99%60.04%150.76%
     (As of 27 January 2026)

    2. Max Healthcare Institute Limited

    Max Healthcare Institute Limited is a major private healthcare organization in India. It runs hospitals, diagnostic centers, and home healthcare services in several Indian states. The company is recognized for its emphasis on quality care, medical innovation, and patient-centered approach. It was started as a small medical center in Panchsheel Park, South Delhi, in 2000 and since then the organization’s growth trajectory has been remarkable.

    Max offers a wide range of services, including medicine delivery, diagnostic centers, home healthcare, etc. The company is a leader in medical advancements and always focuses on improving its services.

    1Y Return (%)3Y Return (%)5Y Return (%)
    38.27%201.15%384.79%
     (As of 27 January 2026)

    3. Fortis Healthcare Limited

    Fortis Healthcare Limited is one of the top healthcare services providers in India. It has many hospitals, clinics, and diagnostic centers in the country and abroad. The company is well-known for its wide range of medical services, advanced technology and commitment to patient care. It was established in 1996 with the opening of the first Fortis Hospital in Mohali, Punjab. The acquisition of the healthcare division of the Escorts Group was a pivotal moment in Fortis’s growth. This move expanded its presence and strengthened its position in the healthcare market in India. The healthcare brand also has a presence in countries like UAE, Nepal, and Sri Lanka. Fortis offers various medical services like cardiology, oncology, orthopedics, neurosciences etc.

    1Y Return (%)3Y Return (%)5Y Return (%)
    1.71%123.17%154.84%
     (As of 27 January 2026)

    4. Global Health Limited (Medanta)

    Global Health Limited is a leading tertiary and quaternary healthcare provider focused on dealing with complicated cases. It operates four hospitals under the “Medanta” brand name.

    It was founded in 2009. Over the years, the company has continuously evolved and enhanced its healthcare software solutions to meet the evolving needs of the industry. Its focus on under-served areas with dense populations helps it achieve strong operational and financial performance.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -1.71%123.17%154.84%
     (As of 27 January 2026)

    5. Krishna Institute of Medical Sciences Ltd.

    Krishna Institute of Medical Sciences Ltd., or KIMS Hospital Group, is a well-known healthcare provider in Telangana. Founded by Dr. Bhaskar Rao Bollineni, a well-known cardiac surgeon, KIMS has established a healthcare empire, providing an extensive array of medical services across various specialities. It has grown rapidly through both organic growth and strategic acquisitions. It has achieved a major milestone by building a main hospital in Secunderabad, Telangana. The group provides affordable and integrated healthcare services focused on tertiary and quaternary healthcare in more than 40 fields.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -0.01%107.60%200.40%
     (As of 27 January 2026)

    Top Healthcare Stocks Based on 1-year Return

    The top healthcare stocks in India are:

    S.no.Healthcare Stocks
    1Sharma East India Hospitals and Medical Research Ltd.
    2Indraprastha Medical Corporation Ltd.
    3Artemis Medicare Services Ltd.
    4Global Health Ltd.

    The healthcare stocks have been listed in descending order based on their 1-Year return in the table below:

    Company1-Year Return
    Sharma East India Hospitals and Medical Research Ltd.-23.60%
    Indraprastha Medical Corporation Ltd.-23.21%
    Artemis Medicare Services Ltd.-24.45%
    Global Health Ltd.-1.71%
     (As of 27 January 2026)

    Read Also: List of Best Cosmetics Stocks in India 

    Best Healthcare Stocks Based on 1-year Return – An Overview

    The best healthcare stocks according to 1-year return are given below, along with a brief overview:

    1. Sharma East India Hospitals and Medical Research Limited

    Sharma East India Hospitals and Medical Research Limited is a publicly listed company dedicated to providing medical and healthcare services. Its main project is the Jaipur Hospital, located in Rajasthan. The hospital has focused on providing healthcare services to the people of Rajasthan since it started in 1989. The Jaipur Hospital’s primary quality has been providing multi-speciality medical care and health facilities to the local community.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -23.60%346.67%346.67%
     (As of 27 January 2026)

    2. Indraprastha Medical Corporation Limited

    Indraprastha Medical Corporation (IMC) is a public limited company that was established in 1988 as a Public Private Partnership (PPP) project. It is a joint venture between the Delhi government and Apollo Hospitals Group. The company mainly offers top-notch healthcare services through its main hospital, Indraprastha Apollo Hospitals, in Sarita Vihar, New Delhi. The hospital has become one of India’s top healthcare institutions, providing various advanced medical treatments. It is the first in India to do successful pediatric and adult liver transplants and is accredited by the Joint Commission International, indicating high standards of healthcare quality.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -23.21%297.03%538.53%
     (As of 27 January 2026)

    3. Artemis Medicare Services Limited

    Artemis Medicare Services Limited (ASML), commonly known as Artemis Hospitals, is a prominent private healthcare provider in India, widely recognized for its flagship hospital in Gurgaon, Haryana. The hospital is well-known for its modern facilities, advanced medical technology, and skilled medical staff. Founded in 2007 by the visionaries of the Apollo Tyres Group, Artemis Hospital swiftly emerged as a leading healthcare hub in India. In 2013, it was the first hospital in Gurgaon to be accredited by the Joint Commission International. AMSL specializes in orthopedics, oncology, cardiovascular, neurosciences, and bariatric & minimally invasive Surgery. AMSL has also diversified its presence through Artemis Daffodil, Artemis Lite, Artemis Cardiac Care and Artemis Solace models.

    An overview of Global Health Ltd. has been given above.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -24.45%216.49%969.29%
     (As of 27 January 2026)

    Key Performance Indicators (KPIs)

    CompanyROE (%)ROCE (%)Debt-to-EquityP/E (x)P/B (x)
    Apollo Hospitals Enterprise Ltd.17.6015.320.6465.7911.60
    Max Healthcare Institute Ltd.11.4612.270.2799.0911.37
    Fortis Healthcare Ltd.8.6810.500.2568.0752.99
    Global Health Ltd.13.1918.010.0469.759.20
    Krishna Institute of Medical Sciences Ltd.13.9714.670.3384.4911.80
    Sharma East India Hospitals and Medical Research Ltd.9.9715.350.1819.652.48
    Indraprastha Medical Corporation Ltd.26.9833.07021.995.93
    Artemis Medicare Services Ltd.10.7412.330.3250.924.92
    (all the above data is of year ended March 2025) 

    Benefits of Investing in Healthcare Stocks

    Healthcare stocks can be a valuable addition to the portfolio due to the following benefits:

    • High Growth Potential – The global population is aging, causing an increased demand for healthcare services and products. The rising prevalence of chronic diseases creates an opportunity for healthcare companies.
    • Diversification – Healthcare stocks help the investor achieve portfolio diversification.
    • Social Impact – Investing in healthcare can align with personal values of contributing to global health.
    • Defensive Characteristics – Healthcare is considered a defensive sector as people need healthcare regardless of economic conditions.

    Factors to Consider before investing in Healthcare stocks

    Investors must consider the following factors before investing in healthcare stocks:

    • Regulatory Environment – Changes in healthcare regulations can significantly impact the industry.
    • Clinical Trials Results – Successful clinical trials can boost a company’s stock price, while failures can have a negative impact.

    Future of the Healthcare Industry

    Future of the Healthcare Industry

    The healthcare industry is experiencing a swift transformation driven by technological advancements and changing population demographics. Artificial Intelligence is revolutionizing drug discovery, medical imaging and patient diagnosis. Remote healthcare delivery is becoming increasingly common, thereby improving access to healthcare. Furthermore, there will be a focus on managing chronic conditions like diabetes and heart disease. Overall, the healthcare industry offers great opportunities for innovation and growth in the coming years.

    Read Also: List Of Best FMCG Stocks In India

    Conclusion

    To sum it up, we have explored several healthcare companies in India. These organizations have been crucial in shaping the Indian healthcare landscape. India’s healthcare sector has grown, with more private companies entering the market. Public-private partnerships have been very important in improving healthcare access and quality. Healthcare stocks can potentially deliver phenomenal returns in the future, and investors need to keep track of them. However, it is advised to consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1Best Logistics Stocks in India
    2List of Aviation Stocks in India
    3Best Midcap IT Stocks List
    4Best Shipping Stocks in India
    5Top 10 Most Expensive Stocks in India
    6List of Best Chemical Stocks in India
    7List of Best Cement Stocks in India
    810 Best Agro Chemicals Sector Stocks
    9List of Best Railway Stocks in India
    10List Of Best Footwear Stocks in India

    Frequently Asked Questions (FAQs).

    1. What are the benefits of investing in healthcare stocks?

      The benefits of investing in healthcare stocks are high growth potential, diversification, and resilience during economic downturns.

    2. Are healthcare stocks a good option for long-term investment?

      Yes, because of the increasing global population and rising healthcare needs, the healthcare sector is becoming an attractive investment option among investors.

    3. What is the role of technology in healthcare investing?

      Technological advancements result in better medical equipment, which helps in better diagnostics and improving the efficiency of healthcare services. 

    4. How can I reduce risk while investing in healthcare stocks?

      You can diversify your portfolio by investing in different stocks in the healthcare sector.

    5. How can I keep myself updated on healthcare industry trends?

      An investor can follow the latest developments in the healthcare industry by reading medical research reports and following news related to the companies involved in the healthcare sector.

  • Bandhan Bank Case Study: Business Model, Financial Statement, SWOT Analysis

    Bandhan Bank Case Study: Business Model, Financial Statement, SWOT Analysis

    In a country where achieving financial inclusion remains a challenge, Bandhan Bank has brought hope to millions. From its humble beginnings as a microfinance initiative, it has grown into a fully-fledged universal bank, catering to the unbanked sections of India with great dedication.

    Today’s blog presents a case study on Bandhan Bank from its grassroots beginnings, business model, and SWOT analysis to understand the factors driving its growth.

    Company Overview and History

    Company Overview and History

    Bandhan Bank stands as a prominent Indian universal bank, recognized for its significant emphasis on financial inclusion and catering to markets with limited banking presence, particularly in semi-urban and rural settings. Its origins date back to 2001, starting as a non-profit organization focused on advancing financial inclusion and empowering women in rural Bengal. Later, Bandhan broadened its scope by acquiring an NBFC in 2006, which aided in expanding its microfinance operations. By 2010, it had grown to become India’s largest microfinance entity. In a landmark shift, Bandhan obtained a banking license from the Reserve Bank of India in 2015, allowing it to evolve into a universal bank offering comprehensive financial solutions. Presently, Bandhan Bank manages an extensive network of locations throughout India, serving varied clientele through retail, MSME, corporate, and digital banking channels, all while upholding its dedication to inclusive finance and increasing financial accessibility in previously unreached areas.

    Read Also: Bandhan Long Duration Fund NFO: Objective, Benefits, Risks, and Suitability Explained

    Business Model of Bandhan Bank

    As of 2026, Bandhan Bank continues to widen its footprint across India, steadily adding new customers and deepening existing relationships. Based on the bank’s latest reported data up to December 31, 2025 (FY 2025–26), it now serves a customer base of more than 3.25 crore individuals.

    Product Portfolio of Bandhan Bank

    The bank provides numerous services, which include the following:

    • Digital banking – The bank offers feature-rich internet banking services to customers to help them meet their everyday banking needs.
    • Housing Finance – The Bank offers individuals home and property loans, including loans for the purchase, construction, repair, renovation, or extension of dwelling units. It also provides Loan Against Property (LAP) on self-occupied residential property and loans against rent receivables on commercial property.
    • Retail Liabilities & Retail Assets – This segment offers gold loans, personal loans, auto loans, etc.
    • Agri-Business Loan – Under this segment, the bank offers a wide range of credit for agricultural activities to all consumers involved in the agri value-chain system.
    • MSME Lending – It offers an array of loan products at competitive interest rates to cater to the needs of micro, small, and medium enterprises (MSMEs).
    • Commercial LAP – Catering to various entities such as proprietorships, partnerships, private limited and non‑listed public limited companies, and individual borrowers for loans against property (LAP).
    • Third-Party Products – This segment covers insurance products, mutual funds, etc.

    Market Data of Bandhan Bank 

    Current Market PriceINR 155
    Market Capitalization INR 24,479 crores
    52 Week HighINR 192
    52 Week LowINR 128
    (As of 30 January 2025) 

    Financial Statements of Bandhan Bank

    Income Statement

    Key MetricsFY 2025FY 2024FY 2023
    Total Income24,91521,03418,373
    Total Expenditure22,16918,80416,178
    Net profit 2,7452,2302,195
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Income Statement of bandhan bank

    Balance Sheet

    Key MetricsFY 2025FY 2024FY 2023
    Loans & Advances1,31,9871,21,1361,04,756
    Total Assets1,91,4761,77,8411,55,769
    Deposits1,51,2121,35,2011,08,069
    Total Shareholders Funds24,60521,60919,584
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    balance sheet of bandhan bank
    balance sheet of bandhan bank

    Cash Flow Statement

    Key MetricsFY 2025FY 2024FY 2023
    Net Cash flow from Operating Activities2,75214,808-4,244
    Net Cash flow from Investing Activities-3,8781,690-1,617
    Net Cash flows from Financing Activities-5,474-8,5784,791
    (The figures mentioned above are in INR crores unless mentioned otherwise)
    Cash Flow Statement of Bandhan bank
    Cash Flow Statement of Bandhan bank

    Key Performance Indicators (KPIs)

    Key MetricsFY 2024-25FY 2023-24FY 2022-23
    ROCE (%)3.953.834.65
    Net Interest Margin (%)6.005.805.94
    Net NPA (in %)1.281.111.17

    SWOT Analysis of Bandhan Bank

    The Bandhan Bank SWOT Analysis highlights its strengths, weaknesses, opportunities, and threats, showcasing its market position and growth potential.

    Strengths

    1. The bank keeps growing. Total income jumped from ₹18,373 crore in FY23 to ₹24,915 crore in FY25. Net profit moved up too, hitting ₹2,745 crore. That’s a clear sign their operations are running better than before.
    2. Deposits look strong – they climbed to ₹1.51 lakh crore. Loans and advances hit ₹1.32 lakh crore in FY25. All this pushed their balance sheet to a healthier place.
    3. Net Interest Margin tells the same story. It improved to 6.0% in FY25. That shows they’re lending well and getting good returns on their assets.
    4. Shareholder funds are up as well. Equity rose to ₹24,605 crore, so the bank’s capital position and overall stability just got a boost.

    Weaknesses

    1. ROCE slipped to 3.95% in FY25, still falling short of what’s ideal for a bank.
    2. Asset quality took a hit too—net NPA climbed to 1.28% in FY25, a sign the loan book’s feeling some strain.
    3. Operating cash flow swung down hard this year. The drop from FY24 to FY25 shows earnings aren’t reliably turning into cash.
    4. Expenses shot up right along with income, so margins barely budged.

    Opportunities

    1. Profitability’s got room to grow. If the company uses assets more efficiently and keeps a closer eye on costs, shareholders see the benefit – plain and simple.
    2. There’s real opportunity in credit growth, too. Growing the loan book, especially in retail and MSME areas, pushes income higher.
    3. Margins look solid right now, with a 6% NIM. Finding ways to lower funding costs will help keep earnings headed in the right direction.
    4. And then there’s valuation. Trading at ₹155, well under last year’s high of ₹192, there’s upside here if the numbers keep moving the right way.

    Threats

    1. Asset quality risks: If NPAs keep rising, profits and capital buffers take a hit.
    2. Interest rate swings: Shifts in rates change margins and bump up borrowing costs.
    3. Liquidity pressure: With negative financing cash flows lately, things get tight fast if funding dries up.
    4. Competition: Bigger private banks and NBFCs push hard, making it tougher to grow and keep pricing power.

    Conclusion

    Bandhan Bank has made great progress in the Indian banking industry, especially in terms of financial inclusion. Its focus on microfinance and its move into universal banking makes it a major player in the market. However, challenges such as asset quality and technological adoption need to be addressed to ensure sustained growth. Bandhan Bank must focus on its strengths and address its weaknesses to succeed in the competitive banking industry. The bank can further fortify its market position by capitalizing on opportunities such as digital banking and geographical expansion.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1Yes Bank Case Study: Business Model, Financial Statement, SWOT Analysis
    2Asian Paints Case Study: Business Segments, KPIs, Financials, and SWOT Analysis
    3Bikaji Foods Case Study – Product Portfolio, Financial Statements, & Swot Analysis
    4Bajaj Housing Finance IPO Case Study: Products, Financials, And SWOT Analysis
    5Voltas Case Study: Business Model And Key Insights

    Frequently Asked Questions (FAQs)

    1. When was Bandhan Bank founded?

      Bandhan Bank’s roots trace back to 2001, when it started as a non-profit microfinance organization. It received its banking license and commenced operations as a bank in 2015.

    2. Is Bandhan Bank listed on the Indian stock exchanges?

      Yes, it is listed on the NSE and BSE.

    3. What is Bandhan Bank’s current market price and market capitalization?

      The market price of the Bandhan Bank stands at INR 212, and the market capitalization is INR 34,201 crores on 2 August 2024.

    4. How has Bandhan Bank performed financially?

      Bandhan Bank has shown decent growth in recent years, expanding its branch network and customer base.

    5. Is Bandhan Bank a good investment option?

      Investing in banks needs a long-term outlook because of market fluctuations and economic cycles. Like any other bank, Bandhan Bank carries inherent risks, and investors should analyze their risk appetite before investing. 

  • List Of Best IT Stocks in India 2026

    List Of Best IT Stocks in India 2026

    Do you know what makes it possible for everything to be at your fingertips in today’s society, including ordering groceries or your favorite food from the comfort of your home? New and inventive technology developed by the IT companies is the reason behind all this.

    In this blog, we will discuss the Indian IT industry and the top 5 stocks based on market capitalization and one-year performance.

    Overview of the IT Industry in India

    India grew at a rate of 8.2% in the last quarter of FY 2024, which makes it one of the fastest-growing economies in the world. One of the major reasons behind the expansion of the economy is attributed to the IT industry. Technological advancements and a skilled workforce are making India a major player in the IT sector globally. Companies in this industry offer a wide range of services, such as BPO, system integration, software development and maintenance, and more. 

    Top IT Stocks Based on Market Capitalization

    The Top IT Stocks in 2026 are:

    S.No.IT Stocks
    1Tata Consultancy Services Ltd.
    2Infosys Ltd.
    3HCL Technologies Ltd.
    4Wipro Ltd.
    5LTIMindtree Ltd.

    The IT Stocks have been listed in descending order based on their market capitalization in the table below:

    CompanyMarket Capitalisation (in INR crore)Current Market Price (INR)52-Week High52-Week Low
    Tata Consultancy Services Ltd.15,88,3404,3904,4313,311
    Infosys Ltd.7,76,5121,8701,9031,348
    HCL Technologies Ltd.4,44,1321,6371,6971,115
    Wipro Ltd.2,73,005522580375
    LTIMindtree Ltd.1,68,8435,7016,4434,514
    (As of 31 July 2024)

    Read Also: List of Best Monopoly Stocks in India

    Best IT Stocks in India Based on Market Capitalization – An Overview

    A brief overview of the best IT stocks in India is given below:

    1. Tata Consultancy Services (TCS)

    In 1968, Tata Sons Limited established the business to supply punch card services to Tata Steel, a sibling firm. TCS established India’s first software research and development center in Pune in 1981. The company went public on the Indian Stock Exchange in 2004. The company’s Mumbai headquarters are located there. The corporation offers services in cloud computing, artificial intelligence, etc. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    -4.68%3.93%79.11%
     (As of 16 February 2025)

    2. Infosys

    Mr. N.R. Narayana Murthy established Infosys in 1981. Bengaluru became the nation’s IT hub after the corporation relocated its headquarters there. In 1993, the company decided to go public and got listed on the Indian stock market. Infosys was the first Indian company to debut on the NASDAQ Stock Exchange in 1999. The business serves more than 500 clients, some of which are included in the Fortune 500. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    10.70%9.26%134.90%
     (As of 16 February 2025)

    3. HCL Technologies Ltd.

    In 1976, Shiv Nadar and a handful of other engineers formed HCL Tech. The company started by making and selling personal computers before expanding its operations into software development in 1986. In 1991, the business established HCL Technologies Ltd. as a distinct legal entity. The firm was listed on the Indian Stock markets in 1999. The company’s main office is in Noida, Uttar Pradesh. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    1.98%48.35%174.68%
     (As of 16 February 2025)

    4. Wipro

    M.H. Hasham Premji established Western India Vegetable Products Limited in 1945 with the primary goal of producing cooking oil initially. Following the demise of Hasham Premji, his son Azim Premji assumed responsibility for the family business. In 1980, he decided to enter the IT industry and is now one of the leading Indian tech companies that offers services in cloud computing, artificial intelligence, robotics, etc.

    1Y Return (%)3Y Return (%)5Y Return (%)
    19.20%12.94%153.68%
     (As of 16 February 2025)

    5. LTIMindtree

    L&T Infotech merged with Mindtree to form LTIMindtree in 2022. In 2016, L&T Infotech, a subsidiary of Larsen and Toubro, was listed on the Indian stock market. On the other hand, ten IT specialists founded Mindtree in 1999. The goal of the merger was to boost efficiency, and it was completed in 2022. The company has a workforce of 81,650 employees, and its headquarters is located in Mumbai.

    1Y Return (%)3Y Return (%)5Y Return (%)
    -1.15%-7.76%171.51%
     (As of 16 February 2025)

    Read Also: List Of Best PSU Stocks in India 

    Top IT Stocks Based on 1-Year Return

    The Top IT Stocks based on 1-year returns are:

    S.No.IT Stocks
    1Persistent Systems Ltd.
    2HCL Technologies Ltd.
    3Infosys Ltd.
    4Coforge
    5Tech Mahindra

    The IT Stocks have been listed in descending order based on their market capitalization in the table below:

    Company1-Year Return
    Persistent Systems Ltd.107.28%
    HCL Technologies Ltd.46.73%
    Tech Mahindra Ltd.39.11%
    Infosys Ltd.37.89%
    Coforge Ltd.35%
    (As of 30 July 2024) 

    Best IT Stocks in India Based on 1-Year Return – An Overview

    The best IT Stocks according to 1-year return are given below, along with a brief overview of the services they provide:

    Persistent Systems

    The company was founded in 1990 by Dr. Anand Deshpande. Initially, the company was focused on software development. The company offers services in cloud computing, internet of things, big data analytics, etc. Intel Capital bought a 3.5% stake in the company for $1 million in 2000. The business generates over $1.2 billion in sales annually and employs more than 23,000 employees. The company’s headquarters is located in Pune.

    1Y Return (%)3Y Return (%)5Y Return (%)
    28.47%179.53%1,502.74%
     (As of 16 February 2025)

    Tech Mahindra

    Tech Mahindra was formed in 1986 as a consequence of a joint venture between two distinct entities, Mahindra and Mahindra, and British Telecom, a British telecom company. In 2006, the company was listed on the stock exchange. It expanded its services and clientele after acquiring a significant stake in Satyam Computer Services, another Indian IT firm that collapsed due to a corporate scandal. The company has formed strategic partnerships with several foreign companies, such as Microsoft and AWS, to offer innovative IT solutions. The company’s headquarters are located in Pune. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    27.16%18.17%98.47%
     (As of 16 February 2025)

    Coforge

    Rajendra S. Pawar and Vijay K. Thandai created NIIT Technologies Ltd. in 1992. In 1999, the corporation established its operational units in the United States, Europe, and other Asia Pacific areas. The company primarily offers IT solutions for financial services, insurance companies, and banks. In 2020, the business rebranded itself as Coforge Limited. The business is also working on machine learning, AI solutions, etc. Its main office is located in Noida, Uttar Pradesh. 

    1Y Return (%)3Y Return (%)5Y Return (%)
    18.26%77.53%322.07%
     (As of 16 February 2025)

    An overview of the remaining companies is mentioned above.

    Key Performance Indicators (KPIs) 

    CompanyROE (%)ROCE (%)Debt to EquityP/E P/B
    Tata Consultancy Services Ltd.50.7363.51033.917.57
    Infosys Ltd.29.7736.81029.098.80
    HCL Technologies Ltd.2327.920.0327.056.51
    Wipro Ltd.14.8117.860.1924.363.66
    LTIMindtree Ltd.22.8928.73036.778.38
    Persistent Systems Ltd.22.0528.790.0464.2115.17
    Tech Mahindra Ltd.8.8411.700.0660.175.67
    Coforge Ltd.22.2725.320.1254.0211.64
    (All the above data is of the year ended March 2024) 

    The Benefit of Investing in IT Stocks

    IT stocks can be a valuable addition to your portfolio due to the reasons mentioned below:

    • Futuristic Approach – These businesses are mostly involved in developing cutting-edge technologies like cloud computing and artificial intelligence.
    • Diversified Portfolio – IT companies typically offer services to a variety of industries, such as healthcare, finance, and pharmaceuticals, protecting them against any downturns in specific industries. 
    • Revenue Model – The typical revenue strategy in this sector is subscription-based, giving them a reliable and consistent stream of income.
    • Global Exposure – IT companies usually operate globally and have clients in many countries. 

    Factors to be Considered Before Investing in IT Stocks

    There are multiple factors one should consider before investing in IT stocks:

    • Innovations – Investors should consider organizations that make significant investments in the research and development of new products and services, as these will be the ones that stay ahead of the competition and continue to innovate in the technology space. 
    • Financial Performance – Analyzing the company’s financial reports will assist you in making an informed investment decision. 
    • Clients – Investors should consider companies with a diversified source of revenues so that it doesn’t depend on a few big clients.
    • Global Economic Conditions – Due to the global operations, the profitability of the company can be impacted by any global event. Currency exchange rates also impact the IT business.  

    Future of IT Sector in India

    In the Indian economy, the IT sector forms a significant part of the GDP. In 2020, this sector made up about 7.7% of the nation’s GDP; by 2025, this contribution is expected to reach 10%. According to a recent NASSCOM analysis, this industry is predicted to generate $250 billion in sales in FY 2024. As a result, this industry has a bright future in India, and the businesses operating in the IT sector are playing a crucial part in the nation’s digital transformation.  

    Read Also: List of Best Media and Entertainment Stocks in India

    Conclusion

    In summary, the Indian IT sector plays a major role in the growth of the country’s gross domestic product. This industry has a lot of growth potential, but it also has considerable risks. Due to the constant evolution of the technology industry, businesses operating in this field must continue to innovate and achieve strong performance. However, it is advised to always consult a financial advisor before investing. 

    Frequently Asked Questions (FAQs)

    1. Should I invest in IT Stocks?

      Investing in stocks from the IT sector can provide significant returns because this industry provides a wide range of services globally. As people become increasingly dependent on technology, the industry will grow. 

    2. How can I identify the best IT stock to invest in?

      An investor should analyze a company’s financial statements and other factors impacting the performance of the stock. 

    3. Name the top 5 IT Stocks in India.

      Based on market capitalization, TCS, Infosys, Wipro, HCL Tech, and LTI Mindtree are the top IT stocks in India.  

    4. What are the major risks associated with investing in the IT Sector?

      The main risks of investing in the IT sector are increased competition, a slowing economy, fluctuations in currency exchange rates, etc.  

    5. Can I invest in IT stock for the short term?

      Yes, you can think about investing in IT stocks for the short term if your investment strategy is focused on technical analysis. On the other hand, you must conduct a fundamental analysis before making a longer-term investment in IT companies.

  • Budget 2024: Explainer On Changes In SIP Taxation

    Budget 2024: Explainer On Changes In SIP Taxation

    The Mutual fund industry of India is currently valued at $0.66 trillion and is expected to grow to $1.61 trillion by 2029 in terms of assets under management (AUM). Investors are offered two modes of investment in mutual funds: Lumpsum and SIP. The calculation of taxes payable on lump sum investments is pretty straightforward, but what about SIP investments, which are a more popular way of investing among the general public?

    In this blog, we will discuss the changes in STCG and LTCG tax introduced in the Budget 2024, process of calculating taxes on SIP and the impact of tax rate changes.

    What is Capital Gains Tax?

    It is a tax applicable to the profits earned from the sale of a capital asset. When you sell an asset at a price higher than initial buying price, you earn capital gains. In case of mutual funds, allotment is done based on the NAV.

    For example – You bought one unit of a mutual fund having NAV of 100. Your total buying was 1*100 = INR 100. Now, after some time, you sold this one unit at 150. So, you earned 50*1= INR 50, i.e., capital gains. 

    Capital Gains Tax

    It can be of two types based on the holding period of the asset:

    • Long term capital gains tax is the tax applicable to the profits earned upon selling the asset after a certain time period. 
    • Short term capital gains tax is the tax applicable to the profits earned upon selling the asset before a certain period of time. 

    The time period for equity or equity oriented mutual funds is one year, which means STCG will apply if the holding period is less than a year and LTCG if the holding period exceeds one year. Keep in mind that the time period for distinction between long term and short term varies for different assets. However, in this blog we will only deal with equity mutual funds for easy understanding.

    BUDGET 2024 Update 

    Currently, in LTCG in equity, there is no tax till the income of one lakh; post this limit, a 10% tax is applicable without indexation benefit. In the case of STCG, there is a flat 15% tax on gains without indexation benefit. 

    The budget introduced by the Government of India proposed the following changes:

    • LTCG for equity and equity-related instruments has been hiked from 10% to 12.5% and exemption limit has also been raised from INR 1,00,000 to INR 1,25,000
    • STCG for equity and equity-related instruments has been hiked from 15% to 20%

    Read Also: Unveiling the Budget 2024: Key Takeaways

    How Will the SIPs Be Taxed? 

    SIP or Systematic Investment Plan is a type of investment plan in which an investor invests small amounts periodically instead of a lump sum investment. Each installment of a SIP is considered as a separate investment for tax purposes due to which the holding period of each installment will be different from one another. Let’s understand how the SIPs will be taxed with the help of an example.

    Suppose Rohan started a monthly SIP of INR 1,00,000 in an equity mutual fund for 2 years, starting from 1 Aug 2024 till 1 July 2026. On 1 Aug 2024, with an SIP amount of 1,00,000 he purchased 1,000 units with an NAV of 100 (1,00,000 INR /100 NAV = 1,000 units). With each SIP, he accumulated certain units of the mutual fund.

    So, after 24 months, i.e. 1 July 2026, his total value of the portfolio is app. INR 30 lakhs (investment amount = 24 lakhs, profit = 6 lakhs). Now, on 2 July 2026, he wants to sell the entire mutual fund units with an NAV of 142.

    Remember that, for calculation of capital gains, we use the First-in First-out (FIFO) method, i.e., the units which are purchased first assume to be sold first. As installments were invested at different points in time, we need to separate LTCG and STCG. The gains earned during the first 12 months will be termed as long term capital gains as one year is completed and gains earned in the last 12 months will be termed as short term capital gains because they are redeemed before completing one year. 

    Have a look at the table below:

    Sl. No.DateSIP AmountNAVUnitsCapital GainHolding Period (Months)STCGLTCG
    101-Aug-241,00,0001001,00042,00023–42,000
    201-Sep-241,00,00010595235,23822–35,238
    301-Oct-241,00,000981,02044,89821–44,898
    401-Nov-241,00,00010694333,96220–33,962
    501-Dec-241,00,00010397137,86419–37,864
    601-Jan-251,00,00010595235,23818–35,238
    701-Feb-251,00,00010991730,27517–30,275
    801-Mar-251,00,00010793532,71016–32,710
    901-Apr-251,00,00011190127,92815–27,928
    1001-May-251,00,00010496236,53814–36,538
    1101-Jun-251,00,00011289326,78613–26,786
    1201-Jul-251,00,00010793532,71012–32,710
    1301-Aug-251,00,000991,01043,4341143,434–
    1401-Sep-251,00,00010892831,7251031,725–
    1501-Oct-251,00,00011884720,339920,339–
    1601-Nov-251,00,00011984019,328819,328–
    1701-Dec-251,00,00012182617,355717,355–
    1801-Jan-261,00,00012480614,516614,516–
    1901-Feb-261,00,0001347465,97055,970–
    2001-Mar-261,00,0001327587,57647,576–
    2101-Apr-261,00,00012778711,811311,811–
    2201-May-261,00,0001357415,18525,185–
    2301-Jun-261,00,0001357415,18515,185–
    2401-Jul-261,00,0001407141,42601,426–
    Total24,00,00021,1276,00,0001,83,8524,16,148

    He sold the entire holding with an applicable NAV of 142 on 2 July 2026, which earned him INR 6 lakhs as capital gains. Here, 

    • Short term capital gains = INR 1,83,852
    • Long term capital gains = INR 4,16,148

    Tax Calculation 

    Tax Calculation 

    Now, we will calculate the tax on the capital gains made by him. 

    Based on tax rates before Budget 2024:

    LTCG after deduction = INR 4,16,148 – INR 1,00,000 = INR 3,16,148

    LTCG tax rate = 10%

    LTCG taxes = 10% * 3,16,148 = INR 31,615

    STCG tax rate = 15%

    STCG taxes = 15% of 1,83,852 = INR 27,578

    Total taxes payable = INR 31,615 + INR 27,578 = INR 59,193

    Based on tax rates proposed in Budget 2024:

    LTCG after deduction = INR 4,16,148 – INR 1,25,000 = INR 2,91,148

    LTCG tax rate = 12.5%

    LTCG taxes = 12.5% * 2,91,148 = INR 36,394.

    STCG tax rate = 20%

    STCG taxes = 20% of 1,83,852 = INR 36,770.

    Total taxes payable = INR 36,394 + INR 36,770 = INR 73,164

    ParticularsTax payable as per earlier rates Tax payable as per new ratesDifference
    STCG Tax27,57836,7709,192
    LTCG Tax31,61536,3944,779
    Total Tax Liability59,91373,16413,251

    From the above example, it is clearly visible that Rohan incurs a greater income tax liability due to the hike in capital gains tax rate introduced in Budget 2024.

    Read Also: Budget 2024-25: How Will New Tax Slabs Benefit The Middle Class?

    Conclusion

    Many new investors prefer starting their mutual fund journey through a Systematic Investment Plan (SIP) as it is the most popular investment method in equity mutual funds. However, understanding the taxation of returns earned is crucial. 

    The Budget 2024 has introduced changes to capital gains tax rates, resulting in higher tax liabilities for investors. It is important to understand the impact of the recent hike in Short term capital gains (STCG) and Long term capital gains (LTCG) rates. It is recommended to get in touch with your tax advisor for more detailed insights and calculations.

    Frequently Asked Questions (FAQs)

    1. What are the changes introduced in Budget 2024 in relation to capital gains tax?

      In Budget 2024, the LTCG tax has been hiked from 10% to 12.5% and STCG tax increased from 15% to 20%.

    2. What are the two types of capital gains?

      Long term capital gains (LTCG) and short term capital gains (STCG) are the two types of capital gains.

    3. How much capital gains are tax-free?

      As per the Budget 2024, in the case of LTCG in equity, there is no tax till the income of 1.25 lakhs; post this limit, a 12.5% tax is applicable without indexation benefit.

    4. Is the amount of tax automatically deducted from the profit?

      The tax is not automatically deducted, investors must compute their gain and pay tax at the time of filing income tax return.

    5. How can an investor invest in mutual funds?

      Investors can invest in mutual funds either through SIP route or lump sum investment.

  • List Of Best Defense Stocks in India

    List Of Best Defense Stocks in India

    The defense industry in India is emerging as a significant sector, both in terms of economic contribution and strategic importance. With one of the largest military forces in the world, India’s defense sector has witnessed substantial growth over the past few years. It is mainly driven by modernization efforts, technological advancements, and increased government spending.

    In this blog, we will explore the best defense stocks of India based on their market capitalization.

    Overview of the Defense Industry In India

    Defense Industry In India

    India spends approximately $75 billion, approximately 13.04% of the total budget, on increasing its defense capabilities each year. India is ranked fourth in the world in terms of spending on defense. Currently, India relies heavily on imports for defense equipment. In the next 5 years, the Government of India aims to achieve $5 billion worth of export opportunities in the defense sector. India’s defense industry has transformed, especially with the government’s “Make in India” initiative to enhance domestic manufacturing capabilities. This initiative has attracted public and private players to invest in defense production.

    Top Defense Stocks Based on Market Capitalisation

    The top defense stocks in India are:

    S.No.Defence Stocks
    1Hindustan Aeronautics Ltd.
    2Bharat Dynamics Ltd.
    3Zen Technologies Ltd.
    4Astra Microwave Products Ltd.
    5Paras Defence and Space Technologies Ltd.

    The defense stocks have been listed in descending order based on their market capitalization in the table below:

    Name of the CompanyMarket Cap (in INR Cr.)Share Price (in INR) 52 Week High Price (in INR)52 Week Low Price (in INR)
    Hindustan Aeronautics Ltd.3,22,761 4,8265,166 3,046
    Bharat Dynamics Ltd.59,548 1,6242,097 890
    Zen Technologies Ltd.14,464 1,6022,628 945
    Astra Microwave Products Ltd.10,556 1,1121,196 584
    Paras Defence and Space Technologies Ltd.5,891 731972 401

    Read Also: List Of Best PSU Stocks in India

    Best Defense Stocks in India Based on Market Capitalization – An Overview

    The best defense stocks in India are given below, along with a brief overview:

    1. Hindustan Aeronautics Ltd.

    Hindustan Aeronautics Limited (HAL), headquartered in Bangalore, is a leading Indian aerospace and defense company. Founded on 23 December 1940, HAL is one of the world’s oldest and largest aerospace and defense manufacturers. HAL operates 11 dedicated R&D centers and 21 manufacturing divisions across four production units in India. It is managed by a board of directors appointed by the President of India through the Ministry of Defence. 

    The company designs and manufactures fighter jets, helicopters, jet engines, marine gas turbine engines, avionics, and software. HAL also provides spares and upgrades for Indian military aircraft. 

    2. Bharat Dynamics Ltd.

    Bharat Dynamics Limited (BDL) is a leading manufacturer of ammunition and missile systems in India. BDL was established in 1970 in Hyderabad to create a manufacturing base for guided weapon systems. The company initially produced the French SS11B1, a first-generation anti-tank guided missile. 

    Over time, BDL has developed strong in-house R&D capabilities, focusing on design and engineering. They operate three manufacturing units in Kanchanbagh, Hyderabad; Bhanur, Medak district; and Visakhapatnam, Andhra Pradesh.

    3. Zen Technologies Ltd.

    Zen Technologies Limited, established in 1996, specializes in designing, developing, and manufacturing combat training solutions and counter-drone systems for defense and security forces. The company focuses on technologies that benefit the Indian armed forces, state police, and paramilitary forces. The company’s headquarters is located in Hyderabad.

    4. Astra Microwave Products Ltd.

    Astra Microwave Products Limited (AMPL), established in 1991, was founded by a team of experienced scientists specializing in RF, microwave, and digital electronics. The founders recognized the need for a technically strong private company to design, develop, and produce advanced RF and microwave subsystems and systems for strategic applications. These systems have applications in defense, space, meteorology, and telecommunication.

    5. Paras Defence and Space Technologies Ltd.

    Paras Defence and Space Technologies Ltd. is a company that specializes in the design, development, manufacturing, testing, and commissioning of products and systems for defense and space applications. 

    With a state-of-the-art manufacturing facility and a highly skilled workforce, they ensure high-quality output. Paras Defence has a robust supply chain and can manage turnkey projects of all sizes, demonstrating the resource scalability needed to handle mega projects.

    Performance of Defense Stocks

    Company6 Month Return1 Year Return
    Hindustan Aeronautics Ltd.64.03%148.39%
    Bharat Dynamics Ltd.71.29%138.20%
    Zen Technologies Ltd.102.40%175.40%
    Astra Microwave Products Ltd.55%139.03%
    Paras Defence and Space Technologies Ltd.61.50%92.26%
    (As of 31 July 2024) 

    Key Performance Indicators

    Name of the CompanyROE (%)ROCE (%)Debt to Equity RatioP/E Ratio
    Hindustan Aeronautics Ltd.26.1524.49043.2
    Bharat Dynamics Ltd.16.8411.33087.33
    Zen Technologies Ltd.17.7022.120.02112.03
    Astra Microwave Products Ltd.12.5317.140.2570.13
    Paras Defence and Space Technologies Ltd.7.6610.280.08146.67
    (All the above data is of the year ended March 2024) 

    Benefits of Investing in the Defense Sector in India

    The benefits of investing in defense stocks are:

    • The government’s emphasis on “Make in India” supports local defense manufacturing and helps them achieve growth.
    • Defense stocks will diversify your investment portfolio, balancing risk with consistent returns.
    • Defense companies benefit from long-term government contracts, providing reliable revenue streams.

    Read Also; Top Defence Stocks to Watch After Operation Sindoor

    Factors to Consider Before Investing in Defence Stocks in India

    Investing in Defence Stocks in India

    An investor must consider the following factors before investing in defense stocks:

    • Financial Performance: Analyze the financial health of the company, including revenue growth and profitability.
    • Business contracts: Assess the company’s current contracts and the contracts the company might be able to secure in the future.
    • Global Events: Understand how regional and global tensions may impact defense spending.
    • Diversification Potential: Consider how defense stocks fit into your overall investment strategy for risk management.

    Future of Defense Stocks in India 

    The future of defense stocks in India appears promising due to several key factors. The Indian government is increasing its defense budget, prioritizing modernizing its armed forces and reducing dependence on imports.  India’s geopolitical landscape and the need for enhanced national security drive demand for advanced defense systems, including drones, surveillance, and cybersecurity solutions. This growing demand will benefit companies involved in these areas and, thus, the investors.

    Read Also: List of Best Monopoly Stocks in India

    Conclusion 

    The defense industry is crucial for the growth of any country, as strong defense systems result in the smooth functioning of the economy. India is among the biggest spenders on the defense sector and now wishes to develop domestic manufacturing facilities. Companies such as HAL, Bharat Dynamics Ltd., etc., would play a key role in making India self-reliant in the defense sector. The revenues of defense companies are expected to grow, which makes this an exciting sector to watch out for. However, it is advised to always consult a financial advisor before investing.

    S.NO.Check Out These Interesting Posts You Might Enjoy!
    1List Of Best Logistics Stocks in India
    2Best Small Cap Defence Stocks in India
    3List Of Best Textile Stocks in India
    410 Best Consumption Stocks in India
    510 Most Undervalued Stocks in India

    Frequently Asked Questions (FAQs)

    1. How does government policy affect defense stocks?

      Government policies, such as increased defense budgets and the “Make in India” initiative, boost domestic production and can positively impact defense stocks by providing more opportunities for local companies.

    2. What should investors look for in a defense company’s financials?

      Investors should focus on revenue growth, profitability, and the size of the order book. Strong financial health and a robust order pipeline indicate a company’s ability to sustain and grow its business.

    3. How do export opportunities influence defense stocks? 

      Export opportunities can significantly boost a defense company’s revenue. Companies that meet international standards and secure export contracts will likely achieve higher growth.

    4. What is the impact of technology advancements on defense stocks?

      Technological advancements, such as AI, drones, and cybersecurity, can drive growth for defense companies. Firms that invest in cutting-edge technology are better positioned to win new contracts and expand their market share.

    5. What is the significance of a company’s order book in the defense sector?

      A strong order book indicates a healthy backlog of work and future revenue. It provides clarity regarding the company’s financial stability and growth potential.

    • Open Free Demat Account

    Join Pocketful Now

    You have successfully subscribed to the newsletter

    There was an error while trying to send your request. Please try again.

    Pocketful blog will use the information you provide on this form to be in touch with you and to provide updates and marketing.