Tata Steel, Power Grid Corp among top gainers on Nifty 50
In Thursday's session, several stocks demonstrated positive momentum, with Tata Steel leading the gains on the Nifty 50. At 09:30 am, Tata Steel was trading at Rs 160.51, up by 0.95% from its previous close. Power Grid Corp also showed a notable increase, trading at Rs 302.25, a rise of 0.87%. Other gainers included Axis Bank, Shriram Finance, and Bajaj Finance, contributing to the overall positive sentiment in the market.Power Grid Corp is included as one of the stocks in the benchmark Nifty 50 index.Power Grid Corp Financial Performance
Power Grid Corp's financial performance shows consistent growth in revenue and net profit over the years. Here’s an overview of their consolidated annual financials:
Financial YearRevenue (Rs Crore)Net Profit (Rs Crore)EPS (Rs)BVPS (Rs)
ROE (%)Mar 2025127,37428,11590.72604.50
14.98Mar 2024112,75926,42785.62508.73
16.80Mar 202387,44810,85535.20421.80
8.33Mar 202268,84614,16846.04385.25
11.93Mar 202164,6967,25224.19338.13
6.94
The revenue for the year-ending March 2025 increased to Rs 127,374 Crore from Rs 112,759 Crore in the previous year. The net profit also rose to Rs 28,115 Crore in March 2025 from Rs 26,427 Crore in March 2024.
Here is a summary of the consolidated quarterly financials for Power Grid Corp:
QuarterInterest Earned (Rs. Crore)Other Income (Rs. Crore)Total Income (Rs. Crore)Total Expenditure (Rs. Crore)Operating Profit (Rs. Crore)Provisions & Contigencies (Rs. Crore)PBT (Rs. Crore)Tax (Rs. Crore)
Net Profit (Rs. Crore)Mar 202532,4527,50539,95828,51211,4451,5509,8942,405
7,489Dec 202432,1626,79638,95927,71211,2462,2399,0062,243
6,763Sep 202431,6017,60239,20327,75111,4512,2749,1771,768
7,408Jun 202431,1586,63737,79527,05110,7442,1018,6432,193
6,450Mar 202430,2307,60537,83626,63411,2011,2169,9842,371
7,613
The interest earned for the quarter ending March 2025 was Rs 32,452 Crore, compared to Rs 30,230 Crore for the quarter ending March 2024.Axis Bank Financial Performance
Axis Bank's financial performance demonstrates consistent growth in key metrics over the past five years. Below is a summary of the bank's consolidated annual financials:
YearRevenue (Rs Crore)Net Profit (Rs Crore)EPS (Rs)BVPS (Rs)
ROE (%)Mar 2025127,37428,11590.72604.50
14.98Mar 2024112,75926,42785.62508.73
16.80Mar 202387,44810,85535.20421.80
8.33Mar 202268,84614,16846.04385.25
11.93Mar 202164,6967,25224.19338.13
6.94
The revenue for the year-ending March 2025 increased significantly, reaching Rs 127,374 Crore. The net profit also showed a substantial rise, amounting to Rs 28,115 Crore.
Here is a summary of the consolidated quarterly financials for Axis Bank:
QuarterInterest Earned (Rs. Crore)Other Income (Rs. Crore)Total Income (Rs. Crore)Total Expenditure (Rs. Crore)Operating Profit (incl. Excep Items) (Rs. Crore)Provisions & Contigencies (Rs. Crore)PBT (Rs. Crore)Tax (Rs. Crore)
Net Profit (Rs. Crore)Mar 202532,4527,50539,95828,51211,4451,5509,8942,405
7,489Dec 202432,1626,79638,95927,71211,2462,2399,0062,243
6,763Sep 202431,6017,60239,20327,75111,4512,2749,1771,768
7,408Jun 202431,1586,63737,79527,05110,7442,1018,6432,193
6,450Mar 202430,2307,60537,83626,63411,2011,2169,9842,371
7,613
The interest earned for the quarter ending March 2025 was Rs 32,452 Crore, compared to Rs 30,230 Crore for the quarter ending March 2024.Bajaj Finance Financial Performance
Bajaj Finance's financial performance showcases significant growth in revenue and net profit over the years. Here’s an overview of their consolidated annual financials:
Financial YearRevenue (Rs Crore)Net Profit (Rs Crore)EPS (Rs)BVPS (Rs)
ROE (%)Mar 202569,683.5116,761.67268.941,557.43
17.20Mar 202454,969.4914,443.53236.891,241.03
18.84Mar 202341,397.3811,506.02190.53899.53
21.16Mar 202231,632.427,028.23116.64724.56
16.07Mar 202126,668.104,419.8273.58613.67
11.97
The revenue for the year-ending March 2025 increased to Rs 69,683.51 Crore from Rs 54,969.49 Crore in the previous year. The net profit also rose to Rs 16,761.67 Crore in March 2025 from Rs 14,443.53 Crore in March 2024.
Here is a summary of the consolidated quarterly financials for Bajaj Finance:
QuarterSales (Rs. Crore)Other Income (Rs. Crore)Total Income (Rs. Crore)Total Expenditure (Rs. Crore)EBIT (Rs. Crore)Interest (Rs. Crore)Tax (Rs. Crore)
Net Profit (Rs. Crore)Mar 202518,4561118,4686,27812,1906,5511,101
4,536Dec 202418,0352318,0585,91012,1486,3851,457
4,305Sep 202417,090517,0955,54811,5476,1491,387
4,010Jun 202416,098316,1025,15510,9465,6831,353
3,909Mar 202414,926514,9314,61210,3195,2171,280
3,821
The sales for the quarter ending March 2025 was Rs 18,456 Crore compared to Rs 14,926 Crore for the quarter ending March 2024.Corporate Actions
Power Grid Corp: The company has announced Interim dividends on January 28, 2025 (Rs.3.25 per share), October 29, 2024 (Rs.4.50 per share), May 22, 2024 (Rs.2.75 per share), January 29, 2024 (Rs.4.50 per share), October 25, 2023 (Rs.4.00 per share). Additionally, bonus shares were issued on September 12, 2023, in the ratio of 1:3, with a similar bonus issue on July 29, 2021.
Axis Bank: The company announced a final dividend of Rs 1.00 per share(50%) with effective date of July 04, 2025. Earlier splits occured on July 28, 2014 (Old FV: 10, New FV: 2).
Bajaj Finance: The company announced a final dividend of Rs 44.00 per share(2200%) and special dividend of Rs 12.00 per share(600%) with effective dates of May 30, 2025 and May 09, 2025 respectively. Bonus shares were issued on June 16, 2025, in the ratio of 4:1, with split on June 16, 2025 (Old FV: 2, New FV: 1). In addition to this, rights were issued on January 23, 2013 and November 13, 2006
According to Moneycontrol analysis, sentiment on stocks is positive.With several stocks showing positive momentum in Thursday's trading session, Tata Steel, Power Grid Corp, Axis Bank, Shriram Finance and Bajaj Finance are among the top gainers on Nifty 50.