Prestige Estates Share Price in Focus: ₹1,625 Cr Investment in Hospitality Arm

Prestige Estates share price is in focus on Tuesday. This followed its announcement of investing up to ₹1,625.04 crore in Prestige Hospitality Ventures Ltd (PHVL) via a rights issue. PHVL is its wholly-owned subsidiary. This will bolster PHVL’s hospitality business.

PHVL’s Financials and Transaction Details

  • PHVL’s turnover was ₹4,161 crore for FY 2024.
  • PHVL was incorporated in 2017.
  • This transaction is a related-party deal.
  • It will be conducted at arm’s length.
  • Prestige Estates’ promoters have no financial stake.
  • The rights issue is set for completion by March 31, 2025.
  • Shares will be purchased in cash.
  • PHVL’s ownership structure will remain unchanged.
  • Prestige Estates will retain full ownership.

Prestige Estates Financial Performance

Prestige Estates faced financial headwinds. The company’s consolidated net profit fell by 84.8% in Q3 FY 2024-25. Revenue declined by 7.9% year-on-year to ₹1,654.50 crore from ₹1,795.80 crore a year ago. However, EBITDA rose by 7% to ₹590.10 crore. Besides, margins improved to 35.7% from 30.7%.

Prestige Estates Share Price Performance

Prestige Estates’ share price closed at ₹1,180 on Friday. This is a 2.16% drop from the previous close on the NSE. The stock has fallen by 36% in the last six months. It has dropped by about 28% since the start of the year. At 2.40 PM, it was trading at ₹1,138.75.

Conclusion

Prestige Estates is investing heavily in its hospitality subsidiary despite recent financial setbacks. As per news reports, the investment will be completed by March 2025. This move aims to strengthen its hospitality business. In the future, the company is expected to maintain full ownership of PHVL.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

EPFO To Raise Auto-Settlement Cap To ₹5 Lakh

As per news reports, the EPFO will introduce a new system for PF withdrawals via the Unified Payments Interface (UPI). Labour and Employment Secretary Sumita Dawra approved NPCI’s recommendation. Members may withdraw PF through UPI and ATM by May or June. This initiative by EPFO aims to simplify and expedite PF withdrawals, enhancing convenience for its members.

EPFO Automation Gains Traction

The auto mode of claim settlement was first introduced in April 2020. This was initially for advance illness claims. In May 2024, the limit increased from ₹50,000 to ₹1 lakh.

EPFO has expanded auto mode to education, marriage, and housing. Previously, only illness/hospitalisation withdrawals were allowed.

Auto-mode claims are processed within 3 days. 95% of claims are now automated. The EPFO achieved 2.16 crore auto-claim settlements in FY 2024-25. This is up from 89.52 lakh in FY 2023-24. The claim rejection ratio has reduced from 50% to 30%.

EPFO: Streamlined Claim Processing

The EPFO is simplifying claim settlement processes by introducing an IT system. This has eliminated human intervention and reduced the number of validation formalities from 27 to 18. Any claim with KYC, eligibility, and bank validation is processed automatically. The government further aims to reduce the number of validation formalities to 6.

Claim settlement periodicity has been reduced from 10 days to 3-4 days for EPFO members. Upfront validations guide members on eligibility. This ensures members do not file ineligible claims. To simplify the process, member databases are being centralised under Centralised IT Enabled. Claims not validated by systems undergo a second scrutiny level.

Conclusion

The Employees Provident Fund Organisation (EPFO) is enhancing the auto settlement of advanced claim (ASAC) limit. This aims to improve the ‘Ease of Living’ for its 7.5 crore members. The limit is being increased by 5 times, from ₹1 lakh to ₹5 lakh.

Sumita Dawra, Secretary of the Ministry of Labour and Employment, has approved the proposal. The approval occurred in the 113th meeting of the Executive Committee (EC) of the Central Board of Trustees (CBT). This was held in Srinagar, Jammu and Kashmir and was attended by the Central Provident Fund Commissioner, Ramesh Krishnamurthi.

The recommendation will now be submitted for CBT approval. After approval, members can withdraw up to ₹5 lakh through ASAC.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Prozeal Green Energy Files for ₹700 Crore Market Listing

Prozeal Green Energy plans to raise nearly ₹700 crore via an IPO. It has filed a draft red herring prospectus (DRHP) with SEBI. The IPO includes a fresh issue of shares worth ₹350 crore. It also includes an offer-for-sale (OFS) of ₹350 crore.

Prozeal Green Energy Offer for Sale Details

Shobit Baijnath Rai will sell ₹168.5 crore worth of shares in the OFS. Manan Hitendrakumar Thakkar will also sell ₹168.5 crore worth of shares. AAR EM Ventures LLP will sell shares. Other individuals include Jaya Chandrakant Gogri, Bhaveshkumar Bachubhai Mehta, and Manoj Mulji Chheda. The total OFS from these investors is ₹13 crore.

Company Ownership and Pre-IPO

Promoters hold 88.63% stake in Prozeal Green Energy. Public shareholders hold 11.37% stake. The company may raise nearly ₹70 crore in a pre-IPO round. If successful, this amount will reduce the fresh issue size.

Prozeal Green Energy Overview

Prozeal Green Energy claims to be India’s fourth-largest solar EPC company by FY24 revenue. It has executed 182 solar power projects since 2013. The total installed capacity is 783.98 MWp. Its order book was ₹2,220.9 crore as of September 2024. 99.48% of this is in ground-mounted solar projects.

The company also provides operations and maintenance services. It also provides EPC services for EV charging infrastructure.

Use of Prozeal Green Energy IPO Proceeds

Prozeal Green Energy will use ₹250 crore for long-term working capital. It will use ₹19.5 crore for debt repayment. The remaining funds will be used for general corporate purposes.

Financial Performance of Prozeal Green Energy 

The company’s profit increased over 4-fold to ₹92.2 crore in FY2024-25 from ₹21.5 crore in FY 2023-24. Its revenue grew by 178.3% to ₹948.9 crore from ₹341 crore in the prior year. Profit for the six months ending September 2024 was ₹51.6 crore. Revenue for this period was ₹468.5 crore.

Book Running Lead Managers

Nuvama Wealth Management is a book running lead manager. SBI Capital Markets is also a book running lead manager.

Conclusion

Prozeal Green Energy is seeking to raise ₹700 crore through an IPO. The funds will support working capital, debt repayment, and general corporate purposes. The company has shown significant revenue and profit growth. The IPO aims to further its expansion in the solar EPC sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

GST Amnesty Rules Eased Just Before Deadline

The government has changed some GST amnesty rules. This will help taxpayers to use the GST Amnesty Scheme. The deadline to pay the tax demand is March 31, 2025. You must apply for the scheme by June 30, 2025.

Amendment 1: GST Tax Demand Appeals

If you appeal a GST tax demand, some rules are changing. This applies to July 1, 2017, to March 31, 2020. Your appeal is considered withdrawn for those specific dates. This helps with Section 128A of the GST law.

Amendment 2: Payment of GST Tax Demand

If you paid tax, interest, or penalty before the new rules, you can’t get a refund. This applies if your demand covers both the amnesty period and other periods. This is for demands under Section 128A.

FAQs About Payment and Appeal Issues

Q1. Can payments via GSTR-3B before November 1, 2024, qualify for the amnesty?

Answer 1: Yes, they can. This is subject to verification. Previously, only DRC-03 payments were allowed. Now, GSTR-3B payments before November 1, 2024, are also accepted. Payments after November 1, 2024, must follow specific rules.

* Payments are made through DRC-03 or the Electronic Liability Register (ELR).

* You then apply using forms SPL-01 or SPL-02.

Question 2: Do you have to pay the entire demand and withdraw the whole appeal?

Answer 2: This is for cases with demands partially under the amnesty. No, you don’t have to. You can pay only for the amnesty period. You can inform the appeal authority that you won’t pursue the appeal for those years. The appeal for other years will continue. This helps taxpayers with demands spanning multiple years. You can split the payment and appeal.

Reason for GSTR-3B and DRC-03 Amendment

Many taxpayers asked about GSTR-3B payments. They wanted to know if they qualify for the amnesty. Payments via GSTR-3B before November 1, 2024, are now eligible. This clarifies the rules for payments made before the amnesty took effect. Payments after November 1, 2024, must follow the new rules. This ensures proper payment tracking as per Rule 164 of the GST rules.

The GST amnesty scheme has been amended to provide relief to taxpayers. These amendments simplify payment and appeal processes. Taxpayers should adhere to the revised deadlines to avail the benefits.

Taxpayers must pay before March 31, 2025 and apply before June 30, 2025.

Conclusion

The recent amendments to GST rules will streamline the amnesty scheme. They will allow for GSTR-3B payments before November 1, 2024, and partial appeal withdrawals. Taxpayers must meet the June 30, 2025 application deadline and the March 31, 2025 payment deadline to gain the benefit of these changes and reduce their financial burdens.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

E-Invoice Portal Updates: What’s Changing in GST E-Invoicing from April 2025?

From April 1, 2025, the e-invoice portal will enforce new GST e-invoicing rules. Businesses with an Annual Aggregate Turn Over (AATO) of ₹10 crore must report e-invoices. This reporting must be done within 30 days of invoice issuance. This significantly lowers the previous ₹100 crore threshold. A large number of businesses will now be affected.

Currently, there are no strict deadlines for reporting invoices. Some businesses upload invoices late. This causes discrepancies in Input Tax Credit (ITC) claims. This also affects overall tax compliance. IRPs will now have in-built validation. Users cannot report e-invoices after the 30-day window. Late submissions will be automatically rejected. This can lead to penalties and financial setbacks.

Compulsory Two-Factor Authentication (2FA) on the E-Invoice Portal

From April 1, 2FA is mandatory for all taxpayers. This applies to e-invoice and e-way bill generation. This is irrespective of the taxpayer’s turnover.

History of E-Invoicing

The GST Council approved the e-invoice standard in its 37th meeting. This was on September 20, 2019. E-invoicing was introduced in phases from October 2020. It initially applied to taxpayers with AATO over ₹500 crore. In January 2021, it extended to those with AATO between ₹100 and ₹500 crore.

Documents and Exemptions Available on the E-Invoice Portal

GST invoices, credit notes, and debit notes must be uploaded. This is for B2B supplies and exports. SEZ units are exempt. Moreover, insurance and banking sectors, goods and passenger transportation agencies, and NBFCs are also exempt. Besides, multiplex cinema admissions are exempt.

E-Invoicing Process 

Taxpayers create GST invoices in their systems. They report these invoices to the Invoice Registration Portal (IRP). The IRP returns a signed e-invoice. It includes a Unique Invoice Reference Number (IRN) and a QR code. A GST invoice is valid only with a valid IRN.

Available Tools

E-invoices can be reported through various tools. These include API interface and mobile app. The GST e-Invoice Preparing and Printing (GePP) tool is available. There is also a bulk upload tool.

Conclusion

The new GST e-invoicing rules aim to improve compliance and reduce fraud. The reduced turnover threshold and 30-day reporting deadline will affect many businesses. Mandatory 2FA adds another layer of security. These changes are designed to streamline the GST system.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Godrej Properties Share Price In Focus As It Achieves ₹2,000 Crore Sales At Noida Luxury Launch

Godrej Properties share price is on focus on Tuesday. sold homes worth over ₹2,000 crore at the launch of Godrej Riverine in Noida. This was originally launched in March 2025 and covers over 9 lakh square feet. It spans 6.46 acres og land and comprises luxury residential apartments. It is located in Sector 44, Noida.

Godrej Properties’ Strong Presence in Noida

This is Godrej Properties’ third consecutive ₹2,000 crore+ launch in Noida. They had previously sold over ₹2,000 crore in Godrej Jardinia and Godrej Tropical Isle. These launches were in Greater Noida, Sector 146. Gaurav Pandey stated that Noida is a key market for the company. They aim to strengthen their presence in the region.

Godrej Properties’ Sales in Gurugram and Hyderabad 

Godrej Properties sold around 90 homes worth ₹1,000 crore in Gurugram. This was at the launch of Godrej Astra which is located on Golf Course Road. It spans approximately 2.76 acres and is well-connected to key landmarks. This was their second project in the area.

Godrej Properties also sold homes worth over ₹1,000 crore in Kokapet, Hyderabad. The total area sold was around 0.84 million square feet. This was at the Godrej Madison Avenue, which was their first project in Hyderabad. The project was initially launched in January 2025.

Godrej Properties’ Land Acquisition in Bengaluru 

Godrej Properties has acquired around 10 acres of land in Yelahanka, Bengaluru. The revenue potential of their project is ₹2,500 crore. The project’s developable potential is around 1.5 million square feet. It will primarily comprise premium residential units. It will also include high-street retail.

Godrej Properties’ Share Price Performance

Godrej Properties is experiencing strong sales in its luxury projects. Despite stock decline, its real estate launches show significant demand. However, Godrej Properties share price ended the previous session flat at ₹2,126.8 apiece. The stock has declined 23.4% this year so far.

On Tuesday, at 10.41 AM. Godrej Properties share price was down 2.07% and was tradin at ₹2,085.55.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Here’s How an SIP can Help You Build ₹75 lakhs in 18 years

Accumulating a substantial amount like ₹75 lakhs is a major achievement in building wealth. While various strategies exist, a Systematic Investment Plan (SIP) is often highlighted as a highly effective and structured approach. SIPs not only facilitate regular savings but also enable your money to grow considerably over time.

This article will explore the likelihood of reaching or exceeding ₹75 lakh by consistently investing different amounts per month in an SIP.

Scenario 1: Investing ₹12,500 With An Expected Return of 10% over 18 Years

Consider a situation where you invest ₹12,500 via SIP each month for 18 years, with an anticipated yearly return of 10%.

  • Monthly Investment: ₹12,500
  • Expected Annual Growth: 10%
  • Investment Duration: 18 years

At the end of these 18 years, your total investment would have grown to ₹75,69,599. This comprises:

  • Total Amount Invested: ₹27,00,000
  • Estimated Earnings: ₹48,69,599

This example effectively demonstrates that by investing regularly and achieving a reasonable rate of return, you can not only reach your target but also exceed it.

Scenario 2: Investing ₹9,800 With An Expected Return of 12% over 18 Years

Let’s explore a scenario where you invest ₹9,800 every month through a SIP for 18 years, with an anticipated annual return of 12%. This example allows us to see the impact of a slightly lower investment amount over a longer timeframe while maintaining a consistent rate of return.

  • Monthly SIP: ₹9,800
  • Anticipated Annual Return: 12%
  • Investment Duration: 18 years

Under these conditions, the total value of your investment after 18 years would be ₹75,01,305. This comprises:

  • Total Capital Invested: ₹21,16,000
  • Estimated Investment Gains: ₹53,84,505

Even though the total amount you put in is a bit less compared to the first scenario, the improved return rate has a substantial positive impact, resulting in an accumulated wealth significantly exceeding ₹75 lakh.

Scenario 3: Investing ₹6,800 With An Expected Return of 15% over 18 Years

Building on the previous scenario, let’s consider investing a smaller amount of ₹6,800 per month through a SIP, but with a higher anticipated annual return of 15%, maintained over the same 18-year period. This scenario illustrates how a lower monthly contribution can still lead to a substantial accumulation, provided a higher growth rate is achieved consistently over the long term.

  • Monthly SIP: ₹6,800
  • Anticipated Annual Return: 15%
  • Investment Duration: 18 years

In this case, the estimated total value of your investment after 18 years would be ₹75,08,936. This is broken down as follows:

  • Total Capital Invested: ₹14,68,800
  • Estimated Investment Gains: ₹60,40,136

Here, despite making a considerably lower monthly investment as compared to Scenario 2, you can still cross the ₹75 lakh mark within the same 18-year timeframe. This highlights the significant role that the rate of return plays in achieving long-term financial goals through SIP investing.

Conclusion

Trying to reach a ₹75 crore mark with a SIP? It’s doable, but it’s a two-legged stool; depending on how much you put in and the returns you expect. Those 3 scenarios showed us that SIPs can really turn into serious wealth with steady gains if you stick to the plan.

Just keep in mind, SIPs aren’t magic, and returns can go up and down with the market’s mood. But here’s the takeaway: start early, stay consistent, and you’re setting yourself up to hit those financial goals – including that ₹75 lakh!

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Big Funds Like Morgan Stanley and DSP MF Acquire Max Financial Services Shares

A group of 8 entities collectively purchased a 1.6% stake in Max Financial Services. The transaction occurred on Thursday. The total value of the purchase was ₹611.60 crore. The acquisition was made through open market transactions.

Details of the Stake Acquisition in Max Financial Services

The buying entities included prominent names in the financial sector. ICICI Prudential Mutual Fund (MF) was among them. Others included Morgan Stanley, Societe Generale, DSP MF , Kotak Mahindra Life Insurance, and Copthall Mauritius Investment. Oxbow Master Fund was also one of the buyers.

These 8 entities together bought 5.5 million shares. This translated into a 1.59% stake in Max Financial Services. The data regarding the block deal is available on the NSE. The average price at which the shares were bought was ₹1,112 apiece. This brought the total transaction value to ₹611.60 crore.

Max Financial Services’ Promoter Entity Offloads Shares Simultaneously

Concurrently, a promoter entity of Max Financial Services sold an equivalent number of shares. Max Ventures Investment Holdings offloaded its stake. The sale was executed at the same price as the purchase. The transactions took place on the National Stock Exchange (NSE).

Impact on Shareholding of Max Financial Services

Following these transactions, the shareholding of Max Ventures Investment Holdings in Max Financial Services has decreased. It has declined from 3.22% to 1.63%. Additionally, the combined holding of entities promoted by Analjit Singh also saw a reduction. This combined holding came down to 1.75% from 3.34%.

Max Financial Services Share Price Movement

The Max Financial Services share price experienced a downward movement on Thursday. The stock price declined by 0.057% and closed at ₹1,146.65 apiece on the NSE.

Conclusion

A consortium of 8 financial entities, including ICICI Prudential MF and Morgan Stanley, acquired a 1.6% stake in Max Financial Services for ₹611.60 crore. This purchase coincided with the promoter entity, Max Ventures Investment Holdings, selling an equivalent stake.

The market reacted positively to these transactions. However, company’s stock price declined by 0.057% on closing on Friday.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Tariff Threat and Tata Motors: Mutual Fund Holdings in Focus

Mutual funds held a significant stake in Tata Motors as of February. The data for March is yet to be released. Tata Motors share price experienced a 6% drop on Thursday. This followed US President Donald Trump’s tariff announcement. The tariff is 25% on imported cars and light trucks. It is set to take effect next week.

Despite Thursday’s fall, the stock has shown gains in March. It increased by nearly 9.66%. It also rose by nearly 2% today. As of February 28, 2025, mutual funds held ₹39.69 crore shares of Tata Motors. The market value of these shares was ₹24,638 crore.

Mutual Fund Holdings in Tata Motors

Around 36 mutual fund houses held Tata Motors shares.

10 of these funds held over 1 crore shares each. The top three funds based on assets under management held the most shares. SBI Mutual Fund held the largest number of shares. Their holding was around 10.23 crore shares. This was valued at ₹6,349 crore as of February 28, 2025.

ICICI Prudential Mutual Fund held approximately 6.50 crore shares. HDFC Mutual Fund held around 5.16 crore shares. Nippon India Mutual Fund held 2.43 crore shares. The value of their holding was ₹1,513 crore. Mirae Asset Mutual Fund held about 1.57 crore shares. Their holding was valued at ₹976.26 crore. Kotak Mutual Fund held roughly 84.57 lakh shares. This was worth ₹524 crore.

PPFAS Mutual Fund held 18.01 lakh shares. Baroda BNP Paribas Mutual Fund held 16.01 lakh shares. Motilal Oswal Mutual Fund held 6.09 lakh shares. Canara Robeco Mutual Fund held 5.10 lakh shares. Five mutual funds held fewer than 1 lakh shares. Zerodha Mutual Fund held 88,647 shares. WhiteOak Capital Mutual Fund held the smallest number. They held around 550 shares.

Mutual Fund Schemes with Tata Motors Stock

Around 339 mutual fund schemes held Tata Motors stock in February. SBI Mutual Fund’s SBI Nifty 50 ETF held 3.73 crore shares. SBI BSE Sensex ETF held 2.53 crore shares. ICICI Pru Value Discovery Fund held 1.25 crore shares. ICICI Pru Bluechip Fund held 93.81 lakh shares. Nippon India ETF Nifty 50 BeES held 82.17 lakh shares.

SBI Long Term Equity Fund held 79.89 lakh shares. SBI Contra Fund held 55.94 lakh shares. SBI Automotive Opportunities Fund held 50 lakh shares. Mirae Asset Large & Midcap Fund held 49.96 lakh shares. ICICI Pru Nifty 50 ETF held 48.61 lakh shares. ICICI Pru Equity Savings Fund held 45.88 lakh shares.

Aditya Birla SL Transportation and Logistics Fund held 8.49 lakh shares. Parag Parikh Flexi Cap Fund held 9.09 lakh shares. HDFC MNC Fund held 3.73 lakh shares. Mirae Asset Nifty India New Age Consumption ETF held 18,101 shares. ICICI Pru Nifty 100 ETF held 18,088 shares. Six schemes held fewer than 1,000 shares.

Impact of Stock Price Fluctuations

Mutual funds hold Tata Motors stock as part of indices and ETFs. Therefore, these schemes have exposure to the stock. Mutual funds report their holdings with a one-month lag. The latest available data is for February 2025. If Tata Motors’ stock price falls, the NAV of the holding mutual fund will also decrease. This reflects the reduced value of the fund’s assets.

Conclusion

Many mutual funds held significant stakes in Tata Motors in February. The recent drop in Tata Motors’ stock due to tariff concerns may impact the NAV of these funds. Investors should be aware of the potential effects on their mutual fund holdings.

Curious about your SBI SIP returns? Get accurate estimates of your investment growth using our SBI SIP Calculator and stay ahead of your financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Hindalco Could Recommend a Dividend for FY25

Hindalco Industries announced that it may recommend a dividend for the financial year ending on March 31, 2025 (FY25). The company’s board will meet on May 20, 2025, to approve March 2025 quarter results and consider the dividend. In FY24, Hindalco paid a final dividend of ₹3.50 per share.

Hindalco Share Price Performance and Trading Data

Hindalco share price was down by 1.64% and closed at ₹682. Its market capitalisation was ₹1.53 lakh crore. The stock has risen by 11.81% in the calendar year 2025 so far. On Thursday, around 38,000 shares were traded on the BSE, lower than the two-week average volume of 1.02 lakh shares. The turnover was ₹2.63 crore.

Valuation and Financial Metrics

Hindalco’s share had a price-to-equity (P/E) ratio of 24.59 and a price-to-book (P/B) value of 2.25. Earnings per share (EPS) were ₹27.75, with a return on equity (RoE) of 9.16.

Promoter’s Stake

As of December 2024, the promoters held a 34.64% stake in Hindalco. The company is the metals flagship entity of the Aditya Birla Group. It is a leading global player in aluminum rolling and recycling. Through its subsidiary Novelis, it’s also a world leader in flat-rolled products. Additionally, Hindalco is a major copper producer and a recognised global force in specialty alumina and hydrates.

Conclusion

Hindalco’s stock shows a mixed technical setup, with good gains in 2025. Investors are awaiting the board’s decision on the potential dividend.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.