Passenger vehicle sales rise in 2025, ICICI Pru Life's profits up 19%, & more - Groww Digest
Tuesday, 13 January 2026
Markets opened above yesterday’s closing point and closed in red.
PSU bank stocks and media stocks rose the most today. Consumer durables stocks and realty stocks fell the most.
Global markets: US markets rose. Asian markets showed a mixed trend. Most European markets fell (as of 6 pm IST).
News
India’s passenger vehicle sales grew 26.8% year-on-year to 3.99 units lakh in Dec. For calendar year 2025, sales grew 5% year-on-year to 44.9 lakh units.
US President Trump announced 25% tariffs on countries that do business with Iran.
Bharat Coking Coal IPO was subscribed 146.80 times. Retail subscription: 49.25 times. IPO is closed for subscription.
Amagi Media Labs IPO has been subscribed 0.06 times. Retail subscription: 0.28 times. IPO closes on 16 Jan.
Stocks Updates
L&T: won a significant order (Rs 1,000 crore to 2,500 crore) to build a 3.2 km cable-stayed bridge over the Muri Ganga in West Bengal. It also clarified that media reports regarding the cancellation of its oil projects in Kuwait are not their orders.
ICICI Prudential Life: net profit rose 19% year-on-year to Rs 387 crore in the Oct-Dec quarter. Net premium income fell 3.7% to Rs 11,809 crore.
ICICI Lombard: net profit fell 9% year-on-year to Rs 659 crore in the Oct-Dec quarter.
ICICI Bank: completed the acquisition of 100% stake in ICICI Prudential Pension Funds Management Company, making it a wholly owned subsidiary.
Eternal: stock exchanges have demanded clarification on a media report about Blinkit removing its 10-minute delivery claim.
Zydus Lifesciences: company’s US subsidiary ‘Sentynl Therapeutics’ received US FDA approval for ZYCUBO (copper histidinate), the first and only approved treatment for Menkes disease in the US.
Tata Steel: the Odisha High Court extended interim relief till 19 Jan against Rs 4,300 crore Sukinda Chromite Block demand notices.
Coal India: clarified that the entire proceeds from Bharat Coking Coal’s IPO will go to Coal India, not for its diversification into rare earth metals, as per some media reports.
Word of the Day
Follow-on Public Offer (FPO)
It is when a company that is already listed on the stock exchange issues new shares.
This happens after the company has already launched its Initial Public Offering (IPO).
Companies can do this to raise money for growth, expansion, or to reduce debt.
Compared to an IPO, an FPO usually has fewer regulatory steps, since the company is already public.
FPOs give existing investors a chance to buy more shares, sometimes at a discounted price.
6 Day Course
Theme: derivatives
Day 2: Tuesday
There are 4 broad categories of derivatives.
Futures: the parties signing the contract agree to a buy/sell trade at a fixed price at a fixed time.
Options: the parties signing the contract agree to have the option to buy/sell trade at a fixed price at a fixed time.
Both futures and options are contracts that can be bought and sold on the exchanges.
Forwards: these are similar to futures. But their terms are more customisable. Not available on the exchange. Signed between two parties directly.
Swaps: these allow two parties to exchange their cash flows to minimise risk. These are also signed directly between two parties.
Featured Question
Q. “If a stock is continuously under performing then how to recover the invested money in it?”
You cannot always recover money from an investment.
If a stock is going down without stopping, the only step you can take is to stop further losses from happening — by selling it.
Even the best investors invest in stocks that go down. Investors should aim to make sure that their investments do well as whole.
Trying to ensure every single investment performs well usually does not work well.
This is why many times investors have to cut their losses and use that money to invest somewhere else.
It is not mandatory to recover your money from the same stock.
It must be said here that not all stocks keep performing consistently well.
Even the best stocks go through ups and downs.
If your stock is in the red due to temporary factors, it might be better to wait (if you are sure it will recover well).
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Really solid breakdown on those passenger vehicle numbers. That 26.8% December spike probably reflects end-of-year discounting cycles, but the more telling figrue is the full-year 5% growth rate wich shows steady demand despite the broader market volatility. I remember when similar patterns emerged in 2019 just before the sector corrected, so watching for any sustainability issues here.