Latest news with #SagilityIndia
Mint
11-08-2025
- Business
- Mint
Vodafone Idea to Vishal Mega Mart — These 10 stocks face biggest brunt as promoter holding slumps to 8-year low in Q1
Selling by promoters gathered pace during the June quarter, with the share of private promoters in the Indian stock market declining to an 8-year low. The stake held by India Inc promoters stood at 40.58% on June 30, 2025, compared with 40.81% on March 31, 2025. During the quarter, promoters sold a net value of ₹ 54,732 crore, according to data by The top 10 companies where private promoter stake declined the most included some of the popular names like Vishal Mega Mart, Vodafone Idea and Sagility India. The promoters of these companies reduced their stakes by up to 37% during Q1 FY26. Wendt (India) saw the promoter stake halve to 37.50% in the June quarter from 75% in the March quarter. However, despite this, the small-cap stock gained 4% during the April-June quarter. EPL Limited was another small-cap stock that saw among the highest promoter selling during the period under review. Promoter holding in this stock declined by 24.89% to 26.42% in the June quarter. In Vishal Mega Mart, the promoter sold a 20.33% stake to bring their shareholding down to 54.22%. Company Promoter Holding (%) Mar 31, 2025 Promoter Holding (%) Jun 30, 2025 Decrease in Holding (%) WENDT (India) Ltd. 75 37.5 -37.5 EPL Ltd. 51.31 26.42 -24.89 Vishal Mega Mart Ltd. 74.55 54.22 -20.33 Hilton Metal Forging Ltd. 27.39 7.71 -19.68 Sagility India Ltd. 82.39 67.38 -15.01 Silgo Retail Ltd. 69.93 55.37 -14.56 Praxis Home Retail Ltd. 23.61 9.92 -13.69 Vodafone Idea Ltd. 38.8 25.57 -13.23 Aptus Value Housing Finance India Ltd. 52.98 40.37 -12.61 RPP Infra Projects Ltd. 51.01 39.18 -11.83 Hilton Metal, Sagility India, Silgo Retail and Praxis Home Retail are among other stocks where promoters offloaded stake to the tune of 19.63%, 15.01%, 14.56%, and 13.69%. Vodafone Idea also saw a promoter stake reduction of 13.23%. The beleaguered telecom company had sold a major chunk of its stake to the government of India in a bid to lower debt during Q1. Aptus Value and RPP Infra Projects are among other stocks that saw significant promoter stake reductions. According to Pranav Haldea, Managing Director, PRIME Database Group, while promoter buying is always a positive sign, promoter selling can be due to a wide variety of reasons such as promoters taking advantage of bullish markets to take money off the table, strategic reasons like debt reduction, legacy planning, philanthropy, investment in other ventures and meeting Minimum Public Shareholding (MPS) requirement as also for personal expenses. Relatively lower promoter holding in some of the recent IPO companies and overall institutionalisation of the market are some of the other reasons behind this fall, he explained. Haldia advised investors against pressing the panic button when promoters sell and instead should evaluate each case on its merit. According to Haldea, as long as promoters continue to hold a sizeable stake after the sale, with the sale not happening at a huge discount to market price and there being no significant change in the fundamentals of the company, there is no reason to worry. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Business Standard
31-07-2025
- Business
- Business Standard
Sagility India gains after Q1 PAT soars 566% YoY to Rs 149 cr
Sagility India advanced 6.91% to Rs 45.34 after the company's consolidated net profit surged 566.49% to Rs 148.56 crore on a 25.8% jump in revenue from operations to Rs 1,538.94 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) stood at Rs 210.39 crore in Q1 FY26, registering a surge of 196.3% compared to Rs 71.01 crore in Q1 FY25. In Q1 FY26, adjusted EBITDA stood at Rs 368.7 crore, up 26.44%, compared with Rs 291.6 crore posted in the same quarter last year. Adjusted EBITDA margin stood at 24% in Q1 FY26 as against 23.8% in Q1 FY25. In dollar terms, the company reported revenue of $180.4 million, while adjusted PAT stood at $23.4 million in Q1 FY26. As of 31st March 2025, the company had 39,917 employees. Attrition improved to 27.6% in Q1 FY26 as against 27.3% in Q1 FY25. Ramesh Gopalan, managing director and group CEO, said, Weve entered FY26 with strong momentum and confidence in our position as a leading provider of solutions and services for U.S. healthcare payers and providers. Despite ongoing regulatory and policy shifts, our business continues to demonstrate resilience and sustained growth. We are deepening engagement with both long-standing and newer clients while maintaining robust profitability. The integration of BroadPath is progressing smoothly. As our clients contend with increasing cost pressures, we are partnering with them to bring our domain and solution capabilities, along with automation and AI, to improve efficiencies and deliver better business outcomes. Sarvabhouman Srinivasan, Group Chief Financial Officer, added, We have started FY26 with a healthy revenue momentum and disciplined execution driving balanced financial performance. Margins remain stable, supported by improved delivery efficiency, cost optimization, and early gains from BroadPath integration. Cash generation continues to be robust, enabling us to fund strategic priorities and maintain financial flexibility. Our financial strategy remains focused: investing where it matters, operating efficiently, and ensuring that every growth initiative contributes to long-term value. Sagility India provides healthcare-focused, technology-enabled solutions and services primarily to U.S.-based clients in the payer and provider segments.
Business Standard
31-07-2025
- Business
- Business Standard
Sagility India consolidated net profit rises 566.49% in the June 2025 quarter
Sales rise 25.80% to Rs 1538.94 croreNet profit of Sagility India rose 566.49% to Rs 148.56 crore in the quarter ended June 2025 as against Rs 22.29 crore during the previous quarter ended June 2024. Sales rose 25.80% to Rs 1538.94 crore in the quarter ended June 2025 as against Rs 1223.33 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 26 OPM %22.4915.85 -PBDT328.58181.00 82 PBT210.3971.01 196 NP148.5622.29 566 Powered by Capital Market - Live News
Mint
11-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today — 11 July 2025
Stocks to buy under ₹ 100: After declining with range-bound action in the previous session, the Indian stock market continued to show weakness and finished lower on Thursday. The Nifty 50 index corrected 120 points and closed at 25,355, the BSE Sensex lost 345 points and ended at 83,190, whereas the Bank Nifty index ended 157 points lower at 56,956. The broader markets also reflected weakness, as the Nifty Midcap100 and Smallcap100 indices fell 0.3% each. Sectoral performance was mixed, with the Nifty IT index down 0.8% as IT stocks slipped ahead of Tata Consultancy Services' (TCS) Q1FY26 results. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed some profit booking during the session to slip gradually as the day progressed and closed in the red near the 25,350 zone with overall bias and sentiment still maintained intact. Volatility can be expected in the coming sessions with the Nifty 50 index having important support positioned near the 25,250-25,300 zone, which needs to be sustained. On the upside, a decisive breach is necessary above the 25,650 zone, which shall trigger a fresh upward move having higher targets of 25,700 and 26,200 levels in the coming days." "The Bank Nifty index erased some gains as the day proceeded further and ended the session just below the 57000 zone with consolidation visible near the 57,000 zone with positive bias. The index would need to have a decisive breach above the resistance level of 57600, which, when confirmed, shall trigger further rise, thereafter, expecting fresh targets of 58,500 and 60,000 levels in the coming days. As mentioned earlier, the index would continue to have the 56,000 zone as the important and crucial support, which needs to be sustained now," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended these four intraday stocks for today under ₹ 100: Sagility India, Dhani Services, and Rattanindia Enterprises. 1] Sagility India: Buy at ₹ 44, Target ₹ 48, Stop Loss ₹ 42. 2] Dhani Services: Buy at ₹ 68, Targets ₹ 70.80, ₹ 73.30, Stop Loss ₹ 66.30. 3] Rattanindia Enterprises: Buy at ₹ 66, Target ₹ 72, Stop Loss ₹ 63.
Mint
11-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today — 11 July 2025
Stocks to buy under ₹ 100: After declining with range-bound action in the previous session, the Indian stock market continued to show weakness and finished lower on Thursday. The Nifty 50 index corrected 120 points and closed at 25,355, the BSE Sensex lost 345 points and ended at 83,190, whereas the Bank Nifty index ended 157 points lower at 56,956. The broader markets also reflected weakness, as the Nifty Midcap100 and Smallcap100 indices fell 0.3% each. Sectoral performance was mixed, with the Nifty IT index down 0.8% as IT stocks slipped ahead of Tata Consultancy Services' (TCS) Q1FY26 results. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed some profit booking during the session to slip gradually as the day progressed and closed in the red near the 25,350 zone with overall bias and sentiment still maintained intact. Volatility can be expected in the coming sessions with the Nifty 50 index having important support positioned near the 25,250-25,300 zone, which needs to be sustained. On the upside, a decisive breach is necessary above the 25,650 zone, which shall trigger a fresh upward move having higher targets of 25,700 and 26,200 levels in the coming days." "The Bank Nifty index erased some gains as the day proceeded further and ended the session just below the 57000 zone with consolidation visible near the 57,000 zone with positive bias. The index would need to have a decisive breach above the resistance level of 57600, which, when confirmed, shall trigger further rise, thereafter, expecting fresh targets of 58,500 and 60,000 levels in the coming days. As mentioned earlier, the index would continue to have the 56,000 zone as the important and crucial support, which needs to be sustained now," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended these four intraday stocks for today under ₹ 100: Sagility India, Dhani Services, and Rattanindia Enterprises. 1] Sagility India: Buy at ₹ 44, Target ₹ 48, Stop Loss ₹ 42. 2] Dhani Services: Buy at ₹ 68, Targets ₹ 70.80, ₹ 73.30, Stop Loss ₹ 66.30. 3] Rattanindia Enterprises: Buy at ₹ 66, Target ₹ 72, Stop Loss ₹ 63. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
