Major stocks experiencing significant midday shifts: Vodafone Idea, Muthoot Finance, Vishal Mega Mart, and additional companies
In the bustling world of business, two IT stalwarts, Infosys and Wipro, are making headlines with their recent gains and improved financials. As of August 2025, both companies are displaying a positive outlook.
Infosys, a leading player in the industry, reported impressive growth in its quarterly and yearly results. The company's June 2025 revenue climbed to Rs 42,279 Crore, up from Rs 39,315 Crore in the same period last year. This surge in revenue was accompanied by a net profit increase to Rs 6,924 Crore, compared to Rs 6,374 Crore in 2024. Earnings per share (EPS) also improved, rising from Rs 15.38 to Rs 16.70. The positive momentum continued, with the stock gaining 2.48% on August 11, 2025.
Wipro, another IT heavyweight, also showed signs of strength. Although the quarterly revenue only slightly increased to Rs 22,134.60 Crore, the net profit grew significantly to Rs 3,331.50 Crore, compared to Rs 3,041.10 Crore the previous year. However, EPS saw a decline to Rs 3.18 compared to Rs 5.75 in June 2024, with the yearly EPS standing at Rs 12.56, slightly lower than 20.89 in 2024. Despite this, Wipro's shares gained about 2.3% on August 11, 2025.
The PE ratio for Wipro stands at 19.21, making it fairly valued compared to peers like Infosys and TCS. However, Wipro's stock has slightly underperformed the Sensex over the past year. The company recently allotted shares under its Restricted Stock Unit Plan, signalling a strategic focus on growth through engineering and R&D investments.
The IT sector, including Infosys and Wipro, demonstrated resilience amid economic uncertainty, with 1%-3% gains on August 20, 2025. The Nifty IT index surged 2.3%, significantly outperforming other sectors on that day.
Meanwhile, other companies like Vodafone Idea, Muthoot Finance, and Vishal Mega Mart did not have current market trends or specific updates on their share prices available in the search results for August 2025. Further research may be required to obtain updates on these companies.
In other news, Newgen Software experienced a significant rebound after six days of decline, with a share price rally of close to 7%. The share price of Vodafone Idea slipped to a fresh 52-week low in today's session, reaching Rs 6.12 per share intra-day. The market is currently in a holiday mood ahead of the upcoming Independence Day holiday.
Analysts are responding positively to the companies showing signs of recovery amid mixed long-term performance trends. Nomura has a Buy recommendation on Infosys with a target price of Rs 1,880 per share, while Motilal Oswal has a Buy recommendation on Vishal Mega Mart with a target price of Rs 165 per share. Vishal Mega Mart is set to be part of the MSCI Global Standard Index from August 26.
As the market continues to evolve, these updates provide a snapshot of the current state of play for some of India's major players in the IT, telecom, finance, and retail sectors.