ITC announced a 650% interim dividend to its existing shareholders between March 6-8. It is one of India’s largest FMCG companies that produces personal care products, snacks, and other items. The record date to be eligible for dividend receipt was February 12. 

ITC Share Price Performance

As of March 7, ITC share price recorded an all-day high of ₹405.85 and reached an all-day low of ₹401.70. Despite sustaining market pressures, the stock has attracted investors’ interest due to the company’s strong fundamentals. 

In 2024, ITC declared an interim dividend of ₹6.25 per share and a final dividend of ₹7.50 per share. In 2023, it distributed a final dividend of around ₹6.75 per share apart from a special dividend of roughly ₹2.75 per share. In 2020, the company declared the highest dividend payout of ₹10.15 per share, which attracted significant investor attention. 

About ITC

The Indian Tobacco Company has a product portfolio of 25 items and consumers spend nearly ₹32,500 crore on its products annually. Brands like Aashirvaad Aata, Vivel Soaps, and Sunfeast cookies are extremely popular among Indian consumers. 

Sustainability has become a key part of its growth strategy. By using recycled materials in their product packaging (such as in Savlon Wet Wipes), it is minimising the generation of plastic waste. This further attracts repeated product sales from its customers.

How Has ITC’s Dividend Payouts Increased?

Investors have consistently noted a rise in ITC’s ordinary dividend payout, from ₹6030 crore in FY 2015-16 to ₹17.163 crore in FY 2023-24. The company has declared annual and interim dividends for its shareholders at regular intervals. Moreover, its EPS (earnings per share) has doubled from ₹8.03 in FY 2015-16 to ₹16.39 in FY 2023-24. 

Conclusion

ITC’s continuous commitment to reward its shareholders is a part of its overall strategy to conduct business ethically and sustainably. With its decision to provide a 650% interim dividend, it has attracted significant investor attention. The adoption of sustainable business strategies by ITC is expected to sustain its performance in the coming years. 

 

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.

Following news of NCLT’s approval for the demerger of its diversified businesses into 3 different groups, Quess Corp share price recorded a 6% rise on BSE on Friday, March 7 at 10:59 AM. The stock continued to witness strong buying interest from investors and was trading at ₹653.70 a piece. This was an increase of 2.85% from the previous day’s close.

Quess Corp’s Demerger To Create 3 Different Corporate Entities

As per Quess Corp, the demerger is creating 3 different corporate entities that will focus on key business sectors independently. The establishment of Bluspring Enterprises and Digitide Solutions is a key part of the company’s strategy to enhance long-term profitability. 

Bluspring Enterprises will primarily be an infrastructure services company focusing on areas like facility management, telecom infrastructure maintenance, and food catering services. It will also own Foundit, a leading employment portal for white-collar jobs in India. 

On the other hand, Digitide Solutions is expected to take the lead in the Business Process Management sector by providing a comprehensive range of AI-driven solutions to improve business revenues. It will also focus on the insurtech industry and provide Human Resource Outsourcing (HRO) services. 

How Will This Benefit Existing Shareholders?

As plans for demerger unfold, the two newly formed corporate entities, including Bluspring Enterprises and Digitide Solutions are expected to be listed in the upcoming months. Each shareholder of Quess Corp shall receive one share in these entities post-completion of the demerger. 

In FY 2024, post-tax return on equity for Quess Corp’s shareholders increased from 8.41% to 9.85%. As per Quess Corp’s Chairman Ajit Isaac, increasing penetration of digital retail payments and rapid formalisation of India’s economy is expected to drive business growth in the coming years. This, in turn, has created a bullish sentiment among long-term investors. 

Quess Corp’s Financial Performance in Q3 of FY 2024-25

Quess Corp is controlled by Fairfax Financial Holdings and announced its demerger plans first in February 2024. In Q3 of FY 2024-25, it witnessed a 26% year-on-year growth in net profit, which grew from ₹63.8 crore to ₹80.4 crore. It also reported a 14% year-on-year growth in its revenue from operations, from ₹4,841.8 crore to ₹5,519 crore. 

The Workforce Management Division of Quess Corp secured 124 new contracts, with its annual value surpassing ₹150 crore. It reported a robust sales performance and exhibited continued focus on its Global Capability Center (GCC) business, especially on domestic IT staffing, with an emphasis on niche profiles.

Conclusion

As per industry reports, this move will improve operational efficiency, unlock shareholder value, and allow each entity of Quess Corp to pursue its distinct growth strategy. In the long-term, the company is going to maintain a continued focus on developing innovative technological solutions for its customers, thereby aiding market expansion and enabling business growth. 

 

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.

 

 

On Thursday, Bharat Electronics filed a stock exchange filing declaring that it has secured additional orders worth over  ₹570 crore since February 20. Following this, BEL’s accumulated orders have reached ₹13,724 crore this fiscal, prompting an upward trend in BEL share price. 

The major orders received by the Navratna public centre undertaking include an advanced composite communication system for submarines and a series of airborne electronic warfare products. The order also comprises doppler weather radars and train communication systems. 

BEL Share Price Performance

As of March 7, 2024, at 9:27 a.m. BEL’s shares were trading at ₹277.60 on the NSE. The company has a market capitalisation of ₹2.03 lakh crore, and reported a 53% growth in net profits in Q3 of FY 2024-25. It also reported a a 39% year-on-year growth in its revenues, that reached ₹5,771 crore. 

The strong financial position of the company has made investors bullish on its long-term growth prospects, thereby creating a bullish market sentiment. As the Indian government bolsters its focus on enhancing its defence capabilities, the company is expected to get more business and enhance its return on equity (ROE). 

Latest Developments 

On February 20, BEL received orders worth ₹1,292 crore, which included a demand for data communication terminals and software-defined radios from the Ministry of Defence worth ₹1,034 crore. 

On March 5 this year, the company also announced a dividend of ₹1.5 per share for its equity shareholders for FY 2024-25. The company’s Board of Directors are also expected to pay interim dividend to its shareholders post-March 11, 2025, after reviewing their list of shareholders on the record date. 

Conclusion

Bharat Electronics has secured significant orders, which has reinforced its long-term potential. The company’s robust business performance has made it popular among long-term investors, thereby creating a positive market sentiment and increasing its share price.

 

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

 

RateGain Travel Technologies share price surged by 4.46% to reach an all-day high of ₹519.95 on Thursday, reflecting a bullish investor sentiment due to the introduction of an AI-Powered Digest which empowers airline operators to make data-driven decisions and enhance their route operations. 

About RateGain Travel Technologies 

RateGain Travel Technologies provides a wide range of AI-powered SaaS solutions for the hospitality and tourism industry and enjoys a significant market presence in 100+ countries. It also processes travel intent data, electronic transactions, and various price points, thereby enabling organisations to improve their revenue management and marketing capabilities.

On the NSE (National Stock Exchange), the market capitalisation of RateGain Travel Technologies stands at ₹6,611.61 crore as of March 6, 2025.

Company’s Share Performance 

At 3.18 PM on Thursday, RateGain Travel Technologies shares were trading at ₹504.25 apiece, up 1.51% from the previous close of Rs 496.75 on the NSE. 

Phase-Wise Rollout of New AI-Powered Product Expected to Drive Investor Interest

The company is expected to launch the new product in 2 phases- first, with an exclusive rollout for special customers in March, and later introduce it fully. The addition of a new analytical suite for enabling revenue managers to make data-driven decisions in March is further expected to further drive buying interest for investors. 

Meanwhile, the market witnessed an upward trend in benchmark equity indices. The BSE Sensex and Nifty50 were trading at higher levels, indicating favourable investor perception regarding share price movement following news of a new product launch.

Conclusion

RateGain Travel Technologies’ share price surge reflects strong investor confidence fueled by the upcoming AI-powered product launches. As the company rolls out its new solutions, it is likely to continue driving growth and attracting interest, reinforcing its market position and boosting investor sentiment in the long term.

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.

HUDCO’s Board of Directors is expected to approve the distribution of the company’s interim dividend this year on March 10, 2025. The new record date for this interim dividend has been set for March 14, 2025. Shareholders who are registered by this date will be entitled to the dividend payment.

About HUDCO

The Housing and Urban Development Corporation is a central public sector enterprise navratna with over 50 years of experience in financing urban infrastructure development and housing projects. As of March 6, 2025, at 2.26 PM, HUDCO share price was trading at ₹182.75 on the National Stock Exchange. 

During 2024-25, the stock recorded a 52-week low of ₹152.65 and a 52-week high of ₹353.95. The company’s efforts have been instrumental in facilitating affordable housing and urban development, contributing significantly to the nation’s growth. Thus, it has attracted significant attention from investors recently. 

HUDCO Witnesses Robust Q3 Financial Growth

HUDCO declared its financial results for the October-December quarter on January 22, 2025. It has reportedly witnessed a 41.6% year-on-year growth in profits, which reached ₹735 crore. Moreover, revenue from operations soared by 37.14% YoY to ₹2,760.23 crore. This is indicative of the company’s steady growth trajectory and financial performance.

Future Plans

HUDCO share price is expected to be positively impacted as the company is expected to increase the size of its loan book to over ₹1 lakh crore. In Fy 2024-25, HUDCO borrowed approximately ₹44,000 crore from Indian markets and plans to raise around ₹55,000 crore more. 

In the coming years, it is expected to enhance its focus on financing infrastructure projects (70%)  and lend 30% of loans for housing projects. Its performance for FY 2024-25 is expected to exceed expectations, with its loan target crossing the target of ₹1.2 lakh crore.

Conclusion

HUDCO’s strong financial performance, coupled with its upcoming interim dividend, demonstrates its financial health and commitment to shareholders. With a robust growth trajectory and expansion plans, HUDCO is well-positioned to maintain its leadership in urban infrastructure and housing development, which is expected to have a positive market impact.

 

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.

 

 

Castrol India share price soared by over 5% this morning following news reports that the world’s largest energy company, Saudi Aramco is planning to acquire BP Plc’s lubricant business to expand its reach in oil-consuming markets. 

On the Bombay Stock Exchange, Castrol India’s shares rallied by nearly 6% to ₹235.50. The business has a market capitalisation of US$2.5 billion and presents exciting growth opportunities for Saudi Aramco. 

BP Initiates Strategic Review of Castrol Lubricants Business Amid Corporate Restructuring

BP Plc has initiated a strategic review of its Castrol lubricants business as a part of its bigger corporate restructuring plans. Its business is currently valued at around US$ 10 billion. Industry reports suggest that Saudi Aramco plans to integrate the former’s assets with its existing Valvoline lubricants unit, which was acquired for nearly US$2.65 billion in 2023.

Castrol India Share Price Trend

On the Bombay Stock Exchange, Castrol India share price recorded an 8% monthly growth rate and a 12% rise on a year-to-date (YTD) basis. Over the past 3 years, the company has maintained an ROE (return on equity) of 45.40% and has largely remained debt-free. It has also reported an ROCE (return on capital employed)  of 59.67% over recent years. 

After witnessing a decline of over 40% during the past 22 weeks, Castrol India share price has now signaled a strong reversal. This has increased buying interest among investors, who are opting for a log position amidst a bullish outlook. Castrol India’s stock prices have risen by 9% year-on-year, and have garnered significant appeal among investors. 

Saudi Aramco Focuses on Expanding in India, China, and Southeast Asia to Boost Profitability

In 2024, Bloomberg reported that the Downstream President at Saudi Aramco, Mohammed Al Qahtani cited that India, China, and Southeast Asia are big markets for Saudi Aramco’s business. The company is focusng on acquiring more petrochemical companies to boost profitability, thereby favouring Castrol’s share prices indirectly. 

Conclusion

Castrol India’s share price has surged following reports of Saudi Aramco’s potential acquisition of BP’s lubricants business. With strong financials, growth potential, and investor optimism, Castrol India is poised for a promising future. Saudi Aramco’s strategic focus on expanding in key markets further enhances its appeal.

 

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

 

City Union Bank (CBU), in partnership with Chennai Super Kings, introduced a co-branded credit card to increase customer loyalty and improve market penetration, especially in Tamil Nadu. 

City Union Bank’s latest product is expected to provide IPL fans a chance to enjoy special perks, including exclusive access to fan meetups and other events. Customers will also earn bonus points upon purchasing CSK merchandise, such as match tickets and T-shirts. 

Objective

In a recent event, CEO and Managing Director of City Union Bank, N Kamakodi, stated, “We found that a significant number of our existing liability customers were taking credit cards from other banks, increasing the risk of losing them. To bridge that gap, we identified credit cards as a missing product in our portfolio.”

As per the Executive Director of City Union Bank, Vijay Anandh, “This card offers more than just financial benefits—it’s a gateway to being a part of the CSK family with access to exclusive rewards and unforgettable experiences.” 

What’s Behind the Rise and Rise of Credit Cards?

The rising appeal for a high standard of living among younger consumers has fuelled the demand for credit cards. Based on industry reports, the number of active credit cards in India has surged by nearly 63% from Janaury 2020 (5.6 crore) to August 2023 (9.13 crore). The exponential rise of the e-commerce sector is also a key force behind credit cards’ popularity. 

City Union Bank Financials as of FY 2023-24

In FY 2023-24, City Union Bank recorded a business of ₹1,02,138 crore, recording a year-on-year growth of 6% from ₹ 96,369 crore. Based on its annual report, the company recorded an 8% year-on-year growth in profits that amounted to ₹1,016 crore. 

The bank recorded a Return on Equity (RoE) of 12.86% in FY 2023-24. It also recorded a Net Interest Margin of 3.65% and a Cost to Income ratio of 47.06%. It furthermore aims to achieve a growth rate of 15%-16% during FY 2025-26 by expanding its existing portfolio retail offerings. 

Conclusion

The bank’s management suggests that it aims to issue 80% of new credit cards to its existing customers and keep its credit card portfolio limited to just 1% of its loan book. 

As the company introduces new financial liability products, it is expected to significantly improve its customer retention rates, and expand its domestic outreach. This is expected to favourably impact their share prices by driving overall business growth. 

As of March 5, 2025, at 3.03 PM, City Union Bank’s share price was trading at ₹152.94. The share price reached an all-day high of ₹154.21, with its all-day low being ₹147.04.

 

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 securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks). 

Parag Sharma, Chief Financial Officer and Managing Director of Shriram Finance, has stated that India’s biggest truck financier is seeking to raise a loan of $250 million over the next 3 years domestically. Excessive market volatility and increasing hedging costs overseas have driven it away from offshore loans, thereby marking a notable change in its capital-raising strategy. 

Growth of Credit Demand

In December 2024, Shriram Finance obtained a multicurrency loan worth $1.3 billion to finance its double-digit credit growth. In Q3 of FY 2024-25, its loan book recorded a year-on-year growth of 19%, with total credit lent reaching ₹2.5 trillion. The expected growth of the agricultural sector during FY 2025-26 can increase the Shriram Finance share price. 

Focus on MSMEs

As per the Small Industries Development Bank of India, Indian MESMEs have witnessed a 2x growth in credit demand over the past 5 years, which is currently estimated at ₹70 lakh crore. However, banks have formally lent them only ₹20 lakh crore, which pinpoints a significant credit gap of nearly ₹50 lakh crore. 

Shriram Finance plans to increase lending to Indian MSMEs, which account for 30% of India’s Gross Value Addition to the GDP. Parag Sharma also said, “We are seeing good demand from Tier 2, Tier 3 Indian cities for loans”, thereby indicating his intention to boost company’s presence in rural areas and driving business growth. 

Favourable Steps Taken By RBI

Last week, the Reserve Bank of India reduced the risk weights on loans lent by microfinance institutions and NBFCs from 125% to 100%. This is expected to reduce funding costs for high-rated shadow banks like Shriram Finance. Moreover, the company is expected to witness a 25% growth in credit demand, which is expected to favourably impact its share prices. 

Conclusion

Shriram Finance, widely regarded as India’s largest truck financier, is expected to benefit from increasing infrastructure development in rural areas and the growth of the MSME industry. As regulatory frameworks ease and credit demand rises, the bank is expected to witness steady growth. 

 

As of March 5, 2025 (12.39 PM), Shriram Finance’s share price was ₹632.75 on the Bombay Stock Exchange. 

 

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.

Zydus Lifesciences has announced plans to develop the TCV Shigella combination vaccine in collaboration with its research partner and the Gates Foundation for children aged under 5 years. This is expected to be the world’s first combination vaccine providing dual protection against such deadly enteric diseases that take over 4,00,000 lives globally. 

Why Is This Significant?

As per the World Health Organisation’s list of global priority endemic pathogens for vaccine research and development (R&D), Shigella bacteria is a significant concern in Southeast Asia, Africa, Europe, the Americas, and the Eastern Mediterranean region. 

Moreover, over 16 million people annually suffer from typhoid and paratyphoid fever worldwide. This has prompted Zydus Lifesciences Limited to perform early-stage development and preclinical toxicology studies for vaccine development, which is expected to positively impact its share prices. 

Cost of India’s Childhood Immunisation Programs

Vaccination is one of the key methods of controlling and preventing the spread of diseases. With financial support from the Gates Foundation, Zydus Lifesciences Limited is expected to perform animal immunogenicity studies to check the safety and efficacy of the TVS Shigella combination vaccine. 

In 2020, the government of India spent nearly $1.73 billion on children’s vaccination, with the cost of basic vaccination coverage being $784.91 million. The development of the TVS Shigella combination vaccine can present a viable solution for crowded, unsustainable, and expensive childhood immunisation programs in countries like India. 

India’s Pharma Ambitions

In 2025, India’s pharmaceutical industry was valued at $55 billion. By 2047, it is expected to reach a size of $450 billion. Its share in the global pharmaceutical market is expected to increase from 3%-3.5% currently to 5% by 2030. 

Since 2018, India’s pharmaceutical exports have increased at an annual rate of 8% and amounted to $27 billion in 2023. With the development of the TVS Shigella combination vaccine by Zydus Lifesciences Limited, India is expected to enhance its global dominance in pharmaceutical production, and sustain its position as the “pharmacy of the world”.

As of March 5, 2025, at 11:22 AM, Zydus Lifesciences share price was ₹879.10. 

Conclusion

Zydus Lifesciences’ development of the TVS Shigella combination vaccine could revolutionise global health by addressing deadly enteric diseases, particularly for children under 5. Backed by the Gates Foundation, this innovation not only strengthens India’s pharma industry but also aids in affordable and sustainable childhood immunisation programs worldwide.

 

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.