Nifty top losers: Tech Mahindra, Tata Motors stocks drag on Nifty 50 index in today's trade

Indian markets saw Tech Mahindra's shares decline, with the stock trading at Rs 1,446.80, a fall of 1.71% in Wednesday's session. This placed it among the top losers on the Nifty 50. Tata Motors also saw a decline, trading at Rs 691.95, down by 1.34%. ICICI Bank, Shriram Finance and Bharti Airtel were also among the top losers on Nifty 50.

Tech Mahindra Financial Highlights:Tech Mahindra's financial performance reveals the following trends based on consolidated quarterly data:

• Revenue: Fluctuated slightly over the quarters, with a recent figure of Rs 13,351.20 Crore for the quarter-ending June 2025.
• Net Profit: Also showed variability, with Rs 1,128.30 Crore reported for the quarter-ending June 2025.
• EPS: Was reported as Rs 12.87 for the quarter-ending June 2025.

The following table presents Tech Mahindra's consolidated quarterly financial data:

HeadingJun 2024Sep 2024Dec 2024Mar 2025

Jun 2025RevenueRs 13,005.50 CroreRs 13,313.22 CroreRs 13,285.60 CroreRs 13,384.00 Crore

Rs 13,351.20 CroreNet ProfitRs 862.20 CroreRs 1,256.88 CroreRs 982.20 CroreRs 1,143.10 Crore

Rs 1,128.30 CroreEPS9.6214.1211.1013.17

12.87

Based on consolidated yearly data, the following trends are observed:

• Revenue: Increased from Rs 37,855.10 Crore in 2021 to Rs 52,988.30 Crore in 2025.
• Net Profit: Fluctuated over the years, with a recent figure of Rs 4,244.40 Crore for the year-ending March 2025.
• EPS: Was reported as Rs 48.00 for the year-ending March 2025.

The following table presents Tech Mahindra's consolidated yearly financial data:

Heading2021202220232024

2025RevenueRs 37,855.10 CroreRs 44,646.00 CroreRs 53,290.20 CroreRs 51,995.50 Crore

Rs 52,988.30 CroreNet ProfitRs 4,351.80 CroreRs 5,627.30 CroreRs 4,886.00 CroreRs 2,386.30 Crore

Rs 4,244.40 CroreEPS50.6463.3254.7626.66

48.00BVPS288.78311.99322.65307.56

309.24ROE17.8120.7017.308.84

15.53Debt to Equity0.070.060.060.06

0.02

Tech Mahindra’s revenue increased by 1.91% in 2025 compared to 2024. The net profit increased by 77.86% in 2025 compared to 2024. The EPS increased by 80.05% in 2025 compared to 2024.

Tata Motors Financial Highlights:Tata Motors' financial performance reveals the following trends based on consolidated quarterly data:

• Revenue: Showed a general increasing trend over the quarters, with a recent figure of Rs 104,407.00 Crore for the quarter-ending June 2025.
• Net Profit: Also showed variability, with Rs 3,871.00 Crore reported for the quarter-ending June 2025.
• EPS: Was reported as Rs 10.66 for the quarter-ending June 2025.

The following table presents Tata Motors' consolidated quarterly financial data:

HeadingJun 2024Sep 2024Dec 2024Mar 2025

Jun 2025RevenueRs 108,048.00 CroreRs 101,450.00 CroreRs 113,575.00 CroreRs 119,503.00 Crore

Rs 104,407.00 CroreNet ProfitRs 5,563.00 CroreRs 3,368.00 CroreRs 5,616.00 CroreRs 8,442.00 Crore

Rs 3,871.00 CroreEPS14.619.7214.8123.40

10.66

Based on consolidated yearly data, the following trends are observed:

• Revenue: Increased from Rs 249,794.75 Crore in 2021 to Rs 439,695.00 Crore in 2025.
• Net Profit: Showed variability over the years, with a recent figure of Rs 22,991.00 Crore for the year-ending March 2025.
• EPS: Was reported as Rs 78.80 for the year-ending March 2025.

The following table presents Tata Motors' consolidated yearly financial data:

Heading2021202220232024

2025RevenueRs 249,794.75 CroreRs 278,453.62 CroreRs 345,966.96 CroreRs 437,927.77 Crore

Rs 439,695.00 CroreNet ProfitRs -13,016.14 CroreRs -11,234.70 CroreRs 2,353.49 CroreRs 31,106.95 Crore

Rs 22,991.00 CroreEPS-36.99-29.886.2981.95

78.80BVPS148.39127.50137.33242.90

315.61ROE-24.34-25.675.3236.97

23.96Debt to Equity2.083.132.771.16

0.54

Tata Motors’ revenue increased by 0.40% in 2025 compared to 2024. The net profit declined by -26.09% in 2025 compared to 2024. The EPS declined by -3.84% in 2025 compared to 2024.

Bharti Airtel Financial Highlights:Bharti Airtel's financial performance reveals the following trends based on consolidated quarterly data:

• Revenue: Showed a general increasing trend over the quarters, with a recent figure of Rs 49,462.60 Crore for the quarter-ending June 2025.
• Net Profit: Showed variability, with Rs 7,339.00 Crore reported for the quarter-ending June 2025.
• EPS: Was reported as Rs 10.26 for the quarter-ending June 2025.

The following table presents Bharti Airtel's consolidated quarterly financial data:

HeadingJun 2024Sep 2024Dec 2024Mar 2025

Jun 2025RevenueRs 38,506.40 CroreRs 41,473.30 CroreRs 45,129.30 CroreRs 47,876.20 Crore

Rs 49,462.60 CroreNet ProfitRs 3,805.80 CroreRs 3,079.50 CroreRs 14,474.90 CroreRs 12,418.10 Crore

Rs 7,339.00 CroreEPS7.216.2125.5419.02

10.26

Based on consolidated yearly data, the following trends are observed:

• Revenue: Increased from Rs 100,615.80 Crore in 2021 to Rs 172,985.20 Crore in 2025.
• Net Profit: Showed significant variability, with a recent figure of Rs 33,778.30 Crore for the year-ending March 2025.
• EPS: Was reported as Rs 58.00 for the year-ending March 2025.

The following table presents Bharti Airtel's consolidated yearly financial data:

Heading2021202220232024

2025SalesRs 100,615 CroreRs 116,546 CroreRs 139,144 CroreRs 149,982 Crore

Rs 172,985 CroreNet ProfitRs -23,327 CroreRs 5,882 CroreRs 11,535 CroreRs 5,848 Crore

Rs 33,778 CroreEPS-27.657.6714.8013.09

58.00BVPS147.90164.46210.95216.40

226.16ROE-25.586.399.197.39

25.58Debt to Equity2.202.001.821.50

1.13

Bharti Airtel’s revenue increased by 15.33% in 2025 compared to 2024. The net profit increased by 477.50% in 2025 compared to 2024. The EPS increased by 342.25% in 2025 compared to 2024.

Corporate Actions

Tech Mahindra

Tech Mahindra announced on September 23, 2025, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the divestment of its stake in Surance Limited, an associate company. Additionally, the company disclosed a newspaper advertisement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Earlier, on September 16, 2025, Life Insurance Corporation of India made disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 regarding substantial acquisition of shares & takeovers.

The company announced a final dividend of Rs 30 per share (600%) on April 24, 2025, effective from July 4, 2025. Other dividend announcements include an interim dividend of Rs 15 per share (300%) announced on October 21, 2024, effective from October 31, 2024.

The company had a bonus issue on January 30, 2015, with an existing ratio of 1:1, and a stock split on the same date, changing the face value from Rs 10 to Rs 5, with the ex-split date on March 19, 2015.

Tata Motors

Tata Motors announced the closure of trading window on September 23, 2025. The company also released newspaper publications pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 on September 18, 2025 and September 17, 2025.

The company announced a final dividend of Rs 6 per share (300%) on May 13, 2025, effective from June 4, 2025. The company also issued bonus shares. The existing ratio was 5 and offered ratio was 3 on September 28, 1995.

Tata Motors had a stock split on January 3, 1996, changing the face value from Rs 100 to Rs 10. It also announced rights issues on January 27, 2015, with an existing ratio of 109 and an offered ratio of 6.

ICICI Bank

ICICI Bank made several announcements on September 23, 2025, including disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank also announced the allotment of equity shares under the ICICI Bank Employees Stock Option Scheme - 2000 and the closure of trading window from October 1, 2025 to October 20, 2025.

The company announced a final dividend of Rs 11 per share (550%) on April 21, 2025, effective from August 12, 2025. Further it also had bonus issue with existing ratio as 10 and offered ratio was 1 on May 3, 2017.

ICICI Bank had a stock split on September 9, 2014, changing the face value from Rs 10 to Rs 2.

Shriram Finance

Shriram Finance announced its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on September 17, 2025. The company also scheduled analyst/investor meets on September 18, 2025 and September 17, 2025.

The company announced a final dividend of Rs 3 per share (150%) on April 25, 2025, effective from July 11, 2025. It had its stock split on October 25, 2024, from Rs 10 to Rs 2. Shriram Finance had rights issue with exrights date as January 30, 1995 with existing ratio of 1 and offered ratio as 1.

Bharti Airtel

Bharti Airtel disclosed its analyst/investor meet and actions taken or orders passed on September 17, 2025 and September 16, 2025.

The company announced a final dividend of Rs 16 per share (320%) on May 13, 2025, effective from July 18, 2025. On April 29, 2009, Bharti Airtel announced its stock split with old FV as 10 and new FV as 5.