Top stocks to watch today, August 13: Paytm, ONGC, NHPC, Cochin Shipyard, Cochin Shipyard and more
Apollo Hospitals: Q1 beats estimates, double-digit growth in all three verticals
NMDC: Q1 above estimates, realizations up 7% QoQ
JSPL: Q1 above estimates, India business EBITDA per ton up 17% YoY
NHPC: EBITDA up 12%, revenue up 19% YoY
Nykaa: EBITDA up 46%, beauty segment revenue up 24% YoY
Paytm: Withdrawal of earlier merchant onboarding restrictions
Bharat Dynamics: Revenue up 30%, EBITDA loss contracts
Cochin Shipyard: EBITDA up 28%, revenue up 38% YoY
Honasa Consumer: Q1 above estimates, volume growth 10.5% YoY
NMDC Steel: Turns profitable for the first time, revenue up 66% YoY
VA Tech: EBITDA up 17.4%, net profit up 19% YoY
Suzlon: EBITDA up 62%, margin improved to 19% from 18% YoY
RCF: EBITDA up 36%, margin at 4.7% vs 2.6% YoY
Landmark Cars: EBITDA up 25%, revenue up 28% YoY
Shakti Pumps: Bags order worth ₹1,037 crore for 34,720 off-grid solar pumps
Senco Gold: EBITDA up 69%, margin at 10% vs 8% YoY
Nazara Tech: EBITDA up 90% YoY, approves 1:1 bonus issue and 1:2 stock split
Thermax: Exclusive India license pact with HydrogenPro for green hydrogen electrolyzers
Senores: Acquires 2 ANDAs from Teva Pharma, $120 million addressable opportunity
Chalet Hotels: Acquires 18,848 sqm land in Uttarakhand for ₹60 crore
Lloyds Metals: EBITDA up 11%, margin at 33.34% vs 29.74% YoY
PI Industries: EBITDA down 11%, margin slips 88 bps YoY
NSDL: Revenue down 14% QoQ, banking business revenue down 26% QoQ
Oil India: EBITDA down 19%, margin at 32% vs 36% QoQ
Waaree Energies: US initiates anti-dumping and countervailing duty probe on Indian solar cells
Jupiter Wagons: EBITDA down 56%, margin at 13% vs 15.5% YoY
Allcargo Logistics: Reports net loss vs profit, revenue flat YoY
Aavas Financiers: Credit cost at 0.24% vs 0.17% QoQ, NIM down 63 bps QoQ
Karnataka Bank: Net interest income down 16%, gross NPA at 3.46% vs 3.08% QoQ
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash Cochin ShipyardNHPCONGCPaytm
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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CNBC
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That legacy still shapes portfolios today, Singh said. While definitions vary, individuals with a net-worth of 50 million to 250 million Indian rupees ($571,000 to $2,855,000) are typically considered high-net-worth, while those with more than 250 million Indian rupees are considered ultra-high-net-worth. Affluent individuals fall in the 10 million-50 million Indian rupees range. For many, owning a property is a "cornerstone of wealth strategy," Wrise's Sengupta said, adding that it serves as both a financial asset and lifestyle statement. Owning residences abroad, whether for rental income, personal stays, or commercial units in which they can operate their businesses, also provides a global footprint. India's uber-rich — defined as the top 1% of Indian households, or individuals earning the top 40% of income — held on to $11.6 trillion or 59.1% of all assets held by Indian households, according to data from investment house Bernstein. Of this, $7.1 trillion, or 61.2%, is parked in real estate and gold, the same report indicated. "Rich and poor Indians have historically relied on physical assets," such as gold, land and real estate to park their savings, Manas Agarwal, vice president and analyst at Bernstein, said. The lure of real estate lies in long-term appreciation. These benefits typically outweigh the higher costs and lower liquidity associated with the asset class, experts told me. The capital appreciation on real estate has more than doubled in value over the last four years, and many have made "a significant return," Christie's Singh observed. The average wealthy Indian owns multiple types of real estate. Real Estate Investment Trusts (REITs) are becoming a popular instrument given their ability to "generate more predictable yields without the operational burden of direct property ownership," Wrise's Sengupta said. Residential and commercial properties are also popular. In the first quarter of 2025, housing prices in India rose 7.7% from the year before, outpacing the U.S., U.K. and Australia. Sales of luxury houses priced between 60 million and 500 million Indian rupees jumped 88% in the second quarter of the year compared with the same period in 2024, while the number of launches for such apartments grew 40% from the year before, a report by real estate firm CBRE showed. While prices vary across cities, $1 million can buy 99 square meters of prime property in Mumbai, data from Knight Frank's latest Wealth Report shows. By comparison, the same amount is worth 32 square meters in Singapore, 34 square meters in London and New York, 44 square meters in Shanghai and 78 square meters in Dubai. Within India, the rich typically own single-family homes, or a self-contained residential building for their daily occupancy, in major metropolises like Delhi, Mumbai or Bengaluru. Such homes are typically in a gated community and can cost at least 200 million Indian rupees for a 2,500 square feet unit in some parts of Delhi, Singh said. Beyond this, they also invest in "palatial" country homes spanning around 1 to 2.5 acres (43,560 to 108,900 square feet) located outside the city, Singh suggested. He named Alibaug, a coastal town that is a two-hour ferry ride away from Mumbai, and Chhatarpur, a town that is a nearly three-hour flight away from Delhi, as destinations with such homes. Homes in India, Singh said, are increasingly held over a five to 10 year period following a change in India's income tax rules where only gains of 100 million Indian rupees are exempt from capital gains taxes. This, he added, has resulted in less speculative investing and is a good move for the long-term stability of India's property market. For property investments outside India, the wealthy consider functionality and long term returns Singh observes. 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Indian equity markets ended marginally higher on August 14, with the Nifty holding above the 24,600 mark. At the close, the Sensex rose 57.75 points, or 0.07%, to 80,597.66, while the Nifty gained 11.95 points, or 0.05%, to settle at 24,631.30. Here's a look at Nifty top gainers and losers that drove the day's action (as per Trendline) for the day: Among the top gainers, Wipro emerged as the biggest performer, rising 2.1% to ₹246.8. Eternal followed with a 1.9% jump to ₹318.4, while Infosys advanced 1.5% to ₹1,448. HDFC Life Insurance gained 1.5% to ₹788, and Asian Paints added 1.1% to ₹2,528.7. Maruti Suzuki climbed 0.8% to ₹12,936, while State Bank of India and Eicher Motors each rose 0.6% to ₹826.6 and ₹5,746.5 respectively. HDFC Bank gained 0.6% to ₹1,991.1, and Titan Company closed 0.5% higher at ₹3,485. On the losers' side, Tata Steel was the biggest drag, slipping 3.1% to ₹155.3. Adani Ports dropped 1.4% to ₹1,301.4, and Tech Mahindra declined 1.3% to ₹1,486.7. Hero MotoCorp shed 1.3% to ₹4,708.1, while Bharat Electronics fell 1% to ₹384.9. Tata Consumer Products and Jio Financial Services each declined 1% to ₹1,045.4 and ₹327.4 respectively. ONGC slipped 0.9% to ₹236.6, UltraTech Cement eased 0.8% to ₹12,299, and HCL Technologies closed 0.8% lower at ₹1,489. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash EternalHDFC LifeInfosysWipro Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
