Major Indian companies including Ola Electric, Vedanta, Coal India, Indian Overseas Bank (IOB), and Macrotech Developers (Lodha) are making headlines due to recent financial results, strategic moves, and government actions impacting their stock performance. Investors are closely watching these developments across diverse sectors. Ola Electric Faces Market Share Decline, Founder Frees Pledges Ola Electric, a prominent electric two-wheeler manufacturer, has seen its market share fall. The company held a 19.6% market share in Q1 FY26, delivering 68,192 units. However, its market share had reportedly declined from over 50% at the beginning of 2024 to 19% by the end of that year^[1][2]. Sales figures dropped sharply from over 50,000 scooters in March 2024 to approximately 13,000 in December, a 75% decline in under a year^[2]. In Q2 FY26, Ola Electric's revenue slumped by 43.16% year-over-year to 690 crore rupees, though its loss narrowed to 418 crore rupees, and its auto business achieved a positive EBITDA of 0.3%^[3]. Founder Bhavish Aggarwal has taken steps to fully release promoter-level share pledges totaling 260 crore rupees by monetizing a limited portion of his personal shareholding. This move aims to free up capital previously tied to an AI startup, Krutrim^[4]. The company reported a consolidated revenue of 45.14 billion INR for the last year, with vehicles contributing 38.93 billion INR^[5]. Vedanta Pursues Demerger Amid Debt Reduction Goals Mining and metals giant Vedanta is undergoing a major corporate restructuring. The company plans to demerge into five separate listed entities by March 2026, including businesses for aluminium, zinc, oil and gas, power/steel, and base metals^[6][7][8]. Chairman Anil Agarwal stated that the company's 48,000 crore rupees net debt will be allocated to these demerged entities based on their cash flows^[7][8]. Agarwal confirmed aggressive capital expenditure and regular dividend payouts will continue post-demerger^[7]. Vedanta Resources, the parent company, aims to reduce its debt by $2 billion over two years, having already cut $4 billion from FY22 to FY25^[9]. Vedanta Ltd itself plans to reduce debt by $0.6 billion in FY26 and an additional $0.7-$0.8 billion in FY27, targeting a net debt-to-EBITDA ratio of 1x by FY27^[9]. The company plans to invest $1.5-$1.7 billion in growth capital expenditure for FY26 across various segments like alumina, zinc, and oil and gas^[9]. Vedanta Aluminium reported consuming 1.57 billion units of renewable energy in FY25 as part of its decarbonization roadmap^[10][11]. Coal India Reports Profit Decline, Declares Dividend State-owned Coal India reported a 17% year-on-year drop in its consolidated net profit for the December quarter (Q3 FY25), reaching 8,506 crore rupees, down from 10,253 crore rupees in the same period last year^[12][13][14]. The company's revenue from operations also saw a marginal decline of 1% to 35,780 crore rupees, compared to 36,154 crore rupees in the corresponding quarter of the previous fiscal year^[12][13][14]. Despite the profit fall, the results exceeded Street estimates of 8,083 crore rupees^[12][15]. Coal India's total expenses for Q3 FY25 increased by 4% year-on-year to 26,202 crore rupees^[13]. The company also announced a second interim dividend of 5.60 rupees per equity share for FY25^[15]. Coal India has consistently been a high dividend-paying public sector undertaking, with a dividend yield of 7% over the last year, having paid 26.5 rupees per share in dividends^{[16][17][18][19][20]}. Indian Overseas Bank Shows Strong Profit Growth, Government Sells Stake Indian Overseas Bank (IOB) posted a strong financial performance for the third quarter ended December 2024 (Q3 FY25). The state-owned bank's consolidated net profit surged by nearly 21% year-over-year to 875.27 crore rupees, up from 724.14 crore rupees in the previous year's corresponding quarter^[21]. This growth was driven by a 16% increase in net interest income and improved asset quality^[21][22][23]. Total income rose 13% year-on-year to 8,409 crore rupees^[22]. The bank's gross non-performing assets (GNPA) improved to 6,070.5 crore rupees in Q3 FY25^[21]. In a separate development, the Indian government is divesting up to a 3% stake in IOB through an Offer for Sale (OFS), with a floor price of 34 rupees per share^{[24][25][26][27][28]}. The OFS opened for non-retail investors on December 17 and for retail investors on December 18. This sale is part of the government's efforts to meet the minimum public shareholding norm of 25%^[26]. The government holds a 96.38% stake in IOB as of December^[21]. Lodha Developers (Macrotech Developers) Records Soaring Profits and Pre-Sales Macrotech Developers, operating under the Lodha brand, reported an 88% increase in consolidated net profit for Q3 FY25, reaching 944.4 crore rupees, driven by strong housing demand^{[29][30][31][32]}. The company's total income rose to 4,146.6 crore rupees in the third quarter, compared to 2,958.7 crore rupees in the same period last year^[30][31][32]. The realty firm achieved its highest-ever quarterly pre-sales performance of 4,510 crore rupees in Q3 FY25, marking the fourth consecutive quarter of pre-sales exceeding 4,000 crore rupees^[30][33][32]. Collections for the quarter also saw robust performance at 4,290 crore rupees^[30][32]. Macrotech Developers added a new project in Bengaluru with a gross development value (GDV) of 2,800 crore rupees^[30][33][32]. For the nine months ending December, the company's pre-sales grew 25% to 12,820 crore rupees, achieving 73.25% of its full-year guidance^[29][32].

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