NIFTY50 Ends at 25,500, Sensex Drops 690 Points: IT Stocks Drag Market Down, TCS Slips 3.4%

On July 11, 2025, the Indian stock market closed lower for the third consecutive session, with the S&P BSE Sensex falling 689.81 points (0.83%) to 82,500.47 and the NSE NIFTY50 declining 205.40 points (0.81%) to 25,149.85 . This marks the second straight week of declines, with both indices down approximately 1% for the week. The primary driver of the downturn was a sharp sell-off in IT stocks , led by Tata Consultancy Services (TCS) , which fell 3.4% after disappointing Q1 FY26 earnings. Market sentiment was further dampened by global tariff uncertainties and macroeconomic concerns. Here’s a detailed analysis of the market’s performance and actionable insights for investors. Market Overview: Why Did the Market Fall? IT Sector Leads the Decline The Nifty IT index was the hardest hit, dropping 1.86% on Friday, primarily due to TCS ’s underwhelming Q1 FY26 results. The company reported a 6% profit rise , but its constant currency (CC) growth fell below expectations, with a 3...
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Promising Multibagger in the Indian Electronics Manufacturing Sector

 Incorporated in 1969, Elin Electronics Limited has become a cornerstone of India’s electronics manufacturing services (EMS) industry. Renowned for its end-to-end product solutions for leading brands in lighting, fans, and kitchen appliances, Elin is also a significant manufacturer of fractional horsepower motors, making it a key player in the market.


Financial Strength and Growth Potential

Elin Electronics currently holds a market capitalization of ₹1,164 crore, with its stock priced at ₹234. The stock has seen fluctuations between ₹129 and ₹282, indicating both volatility and growth potential. While the price-to-earnings ratio stands at 72.6, analysts highlight the necessity for strong earnings growth and improved Return on Invested Capital (RoIC) for the stock to attract further investment.

Strong Performance Metrics

The company’s financial health is encouraging. It has effectively minimized its debt, operating nearly debt-free, which enhances its stability. With a dividend payout ratio of 21.0%, Elin offers a modest dividend yield of 0.43%, appealing to income-focused investors. The recent quarterly sales figure of ₹293 crore signals robust demand for its products, and the increase in Domestic Institutional Investors (DIIs) to 13% underscores growing institutional confidence.

Why Elin Could Be a Multibagger

Elin Electronics is well-positioned to leverage the growing electronics sector in India, driven by rising consumer demand and rapid technological advancements. Its strategic focus on innovation and operational efficiency positions it for long-term growth. As the company continues to strengthen its market presence, investors may find Elin Electronics to be a compelling multibagger opportunity.

In summary, with its solid foundation, sound financial strategies, and bright growth prospects, Elin Electronics Limited emerges as a promising multibagger in the Indian electronics manufacturing landscape. Investors would do well to keep an eye on this company as it navigates the path to significant returns.

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