Vodafone Idea, Indian Renew among top gainers on Nifty Midcap 150

Several stocks demonstrated strong performance in Monday's trading session. Among the top gainers on the Nifty Midcap 150 were Vodafone Idea, Indian Renew, Rail Vikas, HUDCO and Tube Investment.

In Monday's session at 11:30 am, Vodafone Idea was among the top gainers on the Nifty Midcap 150. Indian Renew also showed a strong performance in today's session.

Vodafone Idea Financials

Vodafone Idea's consolidated financials reveal the following trends:

Quarterly Performance:

• Revenue: Increased from Rs 10,508.30 Crore in June 2024 to Rs 11,022.50 Crore in June 2025.
• Net Profit: Remained negative, with a loss of Rs 6,432.20 Crore in June 2024 and Rs 6,608.10 Crore in June 2025.
• EPS: Improved from -Rs 1.02 in June 2024 to -Rs 0.63 in June 2025.

Yearly Performance:

• Revenue: Increased steadily from Rs 41,952.20 Crore in 2021 to Rs 43,571.30 Crore in 2025.
• Net Profit: Losses decreased from Rs 44,464.50 Crore in 2021 to Rs 27,385.20 Crore in 2025.
• EPS: Improved from -Rs 15.40 in 2021 to -Rs 4.01 in 2025.
• Book Value Per Share (BVPS): Increased from -Rs 13.30 in 2021 to -Rs 9.85 in 2025.
• Return on Equity (ROE): Remained at 0.00% from 2021 to 2025.
• Debt to Equity: Improved from -4.12 in 2021 to -2.79 in 2025.

The following table summarizes the yearly income statement for Vodafone Idea (Consolidated):
Sales for Vodafone Idea increased by 2.16 percent in 2024-2025 compared to 2023-2024.

Indian Renew Financials

Indian Renew's consolidated financials reveal the following trends:

Quarterly Performance:

• Revenue: Increased from Rs 1,510.27 Crore in June 2024 to Rs 1,947.60 Crore in June 2025.
• Net Profit: Decreased from Rs 383.70 Crore in June 2024 to Rs 246.88 Crore in June 2025.
• EPS: Decreased from Rs 1.43 in June 2024 to Rs 0.91 in June 2025.

Yearly Performance:

• Revenue: Increased significantly from Rs 2,019.57 Crore in 2019 to Rs 6,743.32 Crore in 2025.
• Net Profit: Increased significantly from Rs 249.91 Crore in 2019 to Rs 1,698.34 Crore in 2025.
• EPS: Increased from Rs 3.18 in 2019 to Rs 6.32 in 2025.
• Book Value Per Share (BVPS): Increased from Rs 32.94 in 2019 to Rs 38.20 in 2025.
• Return on Equity (ROE): Increased from 9.66% in 2019 to 16.54% in 2025.
• Debt to Equity: Slightly decreased from 7.26 in 2019 to 6.31 in 2025.

The following table summarizes the yearly income statement for Indian Renew (Standalone):
Sales for Indian Renew increased by 36.64 percent in 2024-2025 compared to 2023-2024.

Rail Vikas Financials

Rail Vikas's consolidated financials reveal the following trends:

Quarterly Performance:

• Revenue: Remained relatively stable, with fluctuations between Rs 4,073.80 Crore in June 2024 and Rs 6,426.88 Crore in March 2025, and Rs 3,908.77 Crore in June 2025.
• Net Profit: Fluctuated, ranging from Rs 222.56 Crore in June 2024 to Rs 406.74 Crore in March 2025, and Rs 124.99 Crore in June 2025.
• EPS: Varied, with values of Rs 1.07 in June 2024, Rs 2.20 in March 2025, and Rs 0.65 in June 2025.

Yearly Performance:

• Revenue: Showed a general increase from Rs 15,403.76 Crore in 2021 to Rs 21,889.23 Crore in 2024, before decreasing to Rs 19,923.02 Crore in 2025.
• Net Profit: Increased from Rs 922.85 Crore in 2021 to Rs 1,574.47 Crore in 2024, before decreasing to Rs 1,186.11 Crore in 2025.
• EPS: Increased from Rs 4.42 in 2021 to Rs 7.55 in 2024, before decreasing to Rs 6.15 in 2025.
• Book Value Per Share (BVPS): Increased steadily from Rs 26.70 in 2021 to Rs 45.90 in 2025.
• Return on Equity (ROE): Increased from 16.56% in 2021 to 18.00% in 2024, before decreasing to 13.38% in 2025.
• Debt to Equity: Decreased from 1.02 in 2021 to 0.56 in 2025.

The following table summarizes the yearly income statement for Rail Vikas (Consolidated):
Sales for Rail Vikas decreased by 8.98 percent in 2024-2025 compared to 2023-2024.

HUDCO Financials

HUDCO's consolidated financials reveal the following trends:

Quarterly Performance:

• Revenue: Increased from Rs 2,188.35 Crore in June 2024 to Rs 2,937.31 Crore in June 2025.
• Net Profit: Increased from Rs 557.75 Crore in June 2024 to Rs 630.23 Crore in June 2025.
• EPS: Increased from Rs 2.79 in June 2024 to Rs 3.15 in June 2025.

Yearly Performance:

• Revenue: Increased from Rs 7,234.58 Crore in 2021 to Rs 10,311.29 Crore in 2025.
• Net Profit: Increased from Rs 1,578.58 Crore in 2021 to Rs 2,709.14 Crore in 2025.
• EPS: Increased from Rs 7.89 in 2021 to Rs 13.53 in 2025.
• Book Value Per Share (BVPS): Increased from Rs 65.88 in 2021 to Rs 89.75 in 2025.
• Return on Equity (ROE): Increased from 11.96% in 2021 to 15.07% in 2025.
• Debt to Equity: Increased from 4.62 in 2021 to 5.97 in 2025.

The following table summarizes the yearly income statement for HUDCO (Consolidated):
Sales for HUDCO increased by 32.46 percent in 2024-2025 compared to 2023-2024.

Tube Investment Financials

Tube Investment's consolidated financials reveal the following trends:

Quarterly Performance:

• Revenue: Increased from Rs 4,577.92 Crore in June 2024 to Rs 5,309.06 Crore in June 2025.
• Net Profit: Decreased from Rs 313.80 Crore in June 2024 to Rs 303.28 Crore in June 2025.
• EPS: Decreased from Rs 11.64 in June 2024 to Rs 10.28 in June 2025.

Yearly Performance:

• Revenue: Increased significantly from Rs 6,083.29 Crore in 2021 to Rs 19,464.65 Crore in 2025.
• Net Profit: Increased significantly from Rs 304.69 Crore in 2021 to Rs 1,054.67 Crore in 2025.
• EPS: Increased from Rs 15.13 in 2021 to Rs 34.83 in 2025.
• Book Value Per Share (BVPS): Increased from Rs 130.07 in 2021 to Rs 286.08 in 2025.
• Return on Equity (ROE): Slightly decreased from 13.18% in 2021 to 12.17% in 2025.
• Debt to Equity: Decreased from 0.61 in 2021 to 0.08 in 2025.

The following table summarizes the yearly income statement for Tube Investment (Consolidated):
Sales for Tube Investment increased by 15.24 percent in 2024-2025 compared to 2023-2024.

Corporate Announcements

Vodafone Idea

• On September 10, 2025, Vodafone Idea announced an investor presentation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• On August 26, 2025, the company released the scrutinizer's report for the Annual General Meeting held on August 25, 2025.
• Also on August 26, 2025, Vodafone Idea provided clarification on a news article appearing in Mainstream Media under Regulation 30(11) of the SEBI Listing Regulations.

Indian Renew

• On September 12, 2025, Indian Renew announced the appointment of Statutory Auditor(s) of the Company for the FY 25-26 under Regulation 30 (LODR)-Change in Management.
• On September 11, 2025, IREDA announced that it had raised Rs 453 Crore via Perpetual Bonds, with the issue oversubscribed 2.69 times.
• Prior to this, on September 11, 2025, IREDA had announced that it had raised Rs 453 Crore via Perpetual Bonds, with the issue oversubscribed 2.96 times.

Rail Vikas

• On September 10, 2025, Rail Vikas Nigam Limited announced it emerged as the Lowest Bidder (L1) from West Central Railway in the normal course of business.
• On September 8, 2025, the company announced that the approval for the Formation of Wholly Owned Subsidiary Company from the Department of Investment and Public Asset Management (DIPAM) was not granted.
• On September 1, 2025, Shri Sukhmal Chand Jain assumed the charge as Chairman & Managing Director of Rail Vikas Nigam Limited.

HUDCO

• On September 8, 2025, HUDCO signed a Memorandum of Understanding with Nagpur Metropolitan Region Development Authority.
• Also on September 8, 2025, HUDCO submitted reports on shares re-lodged for transfer cum demat.
• On September 8, 2025, Shri Baldeo Purushartha was appointed as a Government Nominee Director.

Tube Investment

• Tube Investments of India Limited has scheduled an Analyst/Investor Meet for September 23rd, 2025. This announcement was made on September 9, 2025.
• Another Analyst/Investor Meet was held on September 8th, 2025.
• On August 19, 2025, Tube Investments of India Limited shared an update regarding ESG Ratings by CRISIL ESG Ratings & Analytics Limited.

Moneycontrol analysis indicates a very bullish sentiment for these stocks as of September 15, 2025.

Vodafone Idea, Indian Renew, Rail Vikas, HUDCO and Tube Investment were among the top gainers on the Nifty Midcap 150 in Monday's trading session.