Shares of Granules India gained nearly 1% on Tuesday, March 4, 2025, reaching ₹477 at 10:03 AM (IST) after the Life Insurance Corporation of India (LIC) increased its stake in the pharmaceutical company to 5.02%.

LIC Increases Stake to 5.02% in Granules

The state-owned insurance giant purchased an additional 17.83 lakh shares of Granules India between January 1 and March 3, raising its holding from 4.26% in December 2024 to 5.02%.

Granules India’s Pharma Presence

Granules India is a key player in the pharmaceutical sector, specializing in the production of:

• Active Pharmaceutical Ingredients (APIs)
• Pharmaceutical Formulation Intermediates (PFIs)
• Finished Dosages (FDs)

The company supplies products to global markets, maintaining a strong position in the pharmaceutical supply chain.

Granules Q3 FY25 Performance 

The company posted a net profit of ₹117.6 crore in Q3 FY25, marking a 6.4% decline compared to the ₹125.6 crore reported in Q3 FY24.

Revenue also saw a slight drop of 1.5%, standing at ₹1,137.6 crore, down from ₹1,156 crore in the corresponding quarter of the previous financial year.

The company’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) fell 8%, coming in at ₹230.2 crore, compared to ₹250.4 crore in Q3 FY24. Margins also contracted, declining to 20.2% in Q3 FY25, from 22% in the same quarter last year.

 

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.

Zen Technologies announced on Monday (March 3) that it has been granted its third patent for the T-90 Tank Simulator, specifically for the Containerised Driving Simulator System (T-90 DS).

This latest patent further cements Zen’s position as a leading innovator in military training simulation technology.

The patent, filed on March 24, 2022, is valid until March 24, 2042. With this addition, Zen Technologies has secured a total of four patents in 2025 and 14 patents in the current financial year.

The company reaffirmed its commitment to developing advanced simulation solutions that enhance combat vehicle operator training and military preparedness.

Expanding Patent Portfolio

Zen Technologies’ earlier patents covered the Basic Gunnery Simulator (BGS) and Crew Gunnery Simulator (CGS), both designed for gunnery training. Additionally, the company holds three patents related to T-72 and BMP-II tank simulator variants, strengthening its expertise in armoured vehicle simulation.

Features of the T-90 DS Simulator

The T-90 DS is a high-fidelity, portable training system designed to provide military personnel with an immersive and realistic training experience. This cutting-edge simulator allows operators to train in a controlled environment, eliminating the need for live vehicle operations while ensuring effective skill development.

Key features of the T-90 DS Simulator include:

• Exact Replica of the Driver’s Station – The system features an authentic tank driver’s station, replicating all controls for a realistic experience.
• 6-Degree-of-Freedom (6-DOF) Motion Platform – Accurately replicates the movements of a T-90 tank across different terrains, allowing drivers to experience real-world vehicle dynamics.
• Scenario-Based AI Training – Includes customizable modules that simulate various combat environments such as urban warfare, desert operations, and night maneuvers, preparing operators for real battlefield conditions.
• Integration of VR and AR Technologies – Enhances situational awareness with an interactive, real-time battlefield training experience.
• Multi-Unit Crew Coordination – Allows multiple tank crew members to train together, improving team collaboration and operational efficiency.

Rapid Deployment and Mobility

Designed as a containerized, rapidly deployable system, the T-90 DS Simulator functions as a plug-and-play, mobile training facility. It can be easily transported and set up at military bases, providing flexible, high-quality training across multiple locations. This eliminates the logistical challenges of moving heavy military vehicles for training exercises.

Stocks Performance 

On March 04, 2025, Zen Technologies share price traded 5.99% higher at ₹1,102 at 9:51 AM (IST). Zen Technologies’s share price reached a 52-week high of ₹2,627.95 on December 24, 2025, and a 52-week low of ₹812 on March 14, 2024. As per BSE, the total traded volume for the stock stood at 0.29 lakh shares with a turnover of ₹3.09 crore.

At the current price, Zen Technologies shares are trading at a price-to-earnings (P/E) ratio of 47.13x, based on its trailing 12-month earnings per share (EPS) of ₹23.38, and a price-to-book (P/B) ratio of 6.36, according to exchange data.

 

 

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.

IndiGrid Investment Managers announced on Monday (March 3) that its wholly-owned subsidiary, IndiGrid 2 Private Ltd, has received a Letter of Intent (LoI) from REC Power Development and Consultancy Ltd for an inter-state transmission project under the tariff-based competitive bidding (TBCB) framework.

Project Overview and Scope

IndiGrid 2 Private Ltd has been awarded the project to establish an inter-state transmission system for the “Transmission Scheme for Evacuation of Power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A.” The project will be developed under the Build, Own, Operate, and Transfer (BOOT) model, meaning IndiGrid will construct, own, and operate the infrastructure for a set period before transferring it to the government or relevant authorities.

The company confirmed this development in a regulatory filing, stating, “IndiGrid 2 Private Limited (wholly owned subsidiary of IndiGrid Infrastructure Trust) has received the Letter of Intent (LOI) dated February 28, 2025, from REC Power Development and Consultancy Ltd.”

Construction Timeline and Financial Impact

The project is expected to be completed within 24 months, after which it will generate annual transmission charges of ₹195.2 crore (₹1,952.32 million).

IndiGrid emphasized the long-term value of this project, stating that it aligns with its strategy to expand its footprint in the transmission sector and contribute to India’s growing power infrastructure needs.

With this latest contract, IndiGrid continues to solidify its position as a key player in India’s power transmission sector, ensuring efficient energy evacuation from hydropower projects to the national grid.

Stock Performance 

On March 04, 2025, IndiGrid Investment Managers share price traded 0.17% higher at ₹140.27 at 9:30 AM (IST). IndiGrid Investment Managers’s share price reached a 52-week high of ₹152.15, and a 52-week low of ₹129.06. As per NSE, the total traded volume for the stock stood at 0.02 lakh shares with a turnover of ₹0.03 crore.

 

 

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.

 

RBL Bank has announced a significant reshuffling of its leadership team, appointing Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities and T.S. Pari as Chief Operations Officer (COO). The strategic move aims to bolster the lender’s retail banking franchise and enhance operational efficiency.

New Appointments to Drive Growth and Efficiency

Narendra Agrawal brings over 25 years of experience in banking, with expertise in deposits, lending, distribution, and payments. In his new role, he will focus on driving deposit growth, enhancing customer experience, and seamlessly integrating branch banking with asset sales.

Similarly, T.S. Pari, who has also spent more than two decades in leadership positions across foreign and private sector banks, will be responsible for improving operational efficiencies, strengthening customer-centric initiatives, and reinforcing risk management practices within the bank’s core business operations.

CEO on Leadership Reshuffle

The appointments come as part of RBL Bank’s broader transformation strategy. MD & CEO R. Subramaniakumar emphasized that these leadership changes would accelerate execution in key business areas.

“Narendra and Pari bring extensive expertise in driving business growth, operational excellence, and customer-centric transformation. Their leadership will be instrumental in further strengthening our retail banking franchise and accelerating our execution in strategic priority areas,” he stated.

Continued Oversight by Alok Rastogi

Meanwhile, Alok Rastogi, Head of Corporate Centre, will continue overseeing the bank’s operations and cost optimization initiatives, ensuring alignment with the bank’s long-term strategic goals.

Stock Performance

On March 04, 2025, RBL Bank share price traded 1.26% lower at ₹153 at 9:23 AM (IST). RBL Bank’s share price reached a 52-week high of ₹277.33, and a 52-week low of ₹146. As per BSE, the total traded volume for the stock stood at 0.11 lakh shares with a turnover of ₹17.37 lakhs.

At the current price, RBL Bank shares are trading at a price-to-earnings (P/E) ratio of 9.50x, based on its trailing 12-month earnings per share (EPS) of ₹16.11, and a price-to-book (P/B) ratio of 0.60, according to exchange data.

 

 

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.

Bengaluru-based electric vehicle (EV) manufacturer Ola Electric is once again in the spotlight for layoffs, with reports suggesting that the company plans to cut over 1,000 payroll employees and contract workers to reduce its losses. However, there has been no official confirmation from Ola Electric regarding these reports.

Mass Layoffs Across Departments

According to news reports, the SoftBank Group Corp.-backed company will lay off employees from various departments, including procurement, fulfilment, customer relations, and charging infrastructure.

This is not the first instance of mass firings at Ola. In November 2024, unverified reports suggested that the company had already let go of 500 employees.

With this latest round of layoffs, more than a quarter of Ola’s workforce—estimated at 4,000 employees as of March 2024—could be affected.

The decision follows a challenging financial quarter, with Ola Electric reporting a 50% increase in losses for the December 2024 quarter. This financial downturn comes after the company’s listing on the Bombay Stock Exchange (BSE) last year.

Restructuring and Cost-Cutting Measures

As part of its restructuring efforts, Ola is reportedly automating several aspects of its customer relations operations. Sources indicate that the company’s layoff plans may evolve based on business needs.

Additionally, front-end sales, service, and warehouse staff at Ola’s showrooms and service centres are being let go as part of a broader effort to revamp logistics and delivery strategies, aimed at curbing operational costs.

Ola Electric’s Performance in February 2025

Despite the layoffs, Ola Electric reported selling over 25,000 EV units in February 2025, capturing a 28% market share.

However, this figure remains significantly below the 50,000-unit monthly target set by CEO Bhavish Aggarwal during an earnings call earlier this year. The lower-than-expected sales highlight the company’s continued struggle to gain stability in an increasingly competitive EV market.

Recent Launches of Ola Electric

In an attempt to boost sales, Ola Electric introduced its first electric motorcycle, the Roadster X, in January 2025. The company has confirmed that deliveries for the vehicle will begin in March. The Roadster X series comes in three variants:

• X – Rs 74,999 (ex-showroom)
• X+ 4.5 kWh – Rs 1,04,999 (ex-showroom)
• X+ 9.1 kWh – Rs 1,54,999 (ex-showroom)

Stock Performance 

On March 03, 2025, Ola Electric Mobility share price ended 2.94% lower at ₹55.18. Ola Electric Mobility’s share price reached a 52-week high of ₹157.53, and a 52-week low of ₹53.71. As per BSE, the total traded volume for the stock stood at 57.63 lakh shares with a turnover of ₹31.73 crore.

 

 

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.

Indian markets are expected to be impacted today. As of 7:30 AM, GIFT Nifty futures were down by 165 points at 22,093.50.

In the previous session, the Sensex dropped by 112.16 points (0.15%) to 73,085.94, while the Nifty50 fell by 5.40 points (0.02%) to 22,119.30.

Here are the key stocks to watch today on March 04, 2025:

Adani Green Energy

Adani Green Energy has refinanced its $1.06 billion construction loan, originally secured in 2021, for developing a solar-wind hybrid renewable energy cluster in Rajasthan. The new financing comes with a 19-year repayment period and a fully amortised debt structure, aligning with the project’s operational lifespan. This move is part of AGEL’s broader capital management strategy aimed at securing long-term funding for its renewable energy assets.

Godrej Properties

Godrej Properties has terminated its land development agreement with TCM Limited for a project in Thrikkakara, Kochi. Originally signed in 2008, the agreement was officially called off on March 3, 2025. The real estate giant did not disclose the reason for the cancellation.

Indian Energy Exchange

The Indian Energy Exchange (IEX) recorded a 9% increase in electricity trading volumes for February 2025, reaching 9,622 million units (MU). The growth was driven by higher demand across key segments. The Day-Ahead Market (DAM) saw a 14% year-on-year rise, trading at 5,369 MU, while the Real-Time Market (RTM) surged 23% to 2,887 MU.

Ask Automotive

ASK Automotive has partnered with Japan’s Kyushu Yanagawa Seiki Co Ltd (KYSK) to manufacture high-pressure die-cast alloy wheels for two-wheelers. Under the agreement, KYSK will provide technical expertise to ensure high-quality production, while ASK Automotive will pay an initial and running royalty.

RBL Bank 

RBL Bank has announced key leadership changes to strengthen its retail banking operations. Narendra Agrawal has been appointed as President & Head of Branch Banking and Retail Liabilities, while T.S. Pari has assumed the role of Chief Operations Officer (COO).

IndiGrid Investment

IndiGrid 2 Private Ltd, a subsidiary of IndiGrid Investment, has secured a major power transmission project from REC Power Development and Consultancy Ltd. The project involves setting up a transmission network to evacuate power from the Ratle (850 MW) and Kiru (624 MW) hydroelectric projects. It will be executed under the build-own-operate-transfer (BOOT) model.

Ujjivan Small Finance

Ujjivan Small Finance Bank (USFB) has sold its non-performing loan portfolio, including written-off loans worth Rs 364.51 crore, to an Asset Reconstruction Company (ARC). Finalised on February 28, 2025, the move is aimed at cleaning up the bank’s balance sheet and strengthening financial stability.

UNO Minda

Uno Minda has announced a leadership restructuring with Rajeev Gandotra, CEO of the Lighting and Acoustics Domain (LAS)-2, retiring. Vivek Jindal has been appointed as CEO of the consolidated LAS Domain. Alongside these changes, the company has bolstered its R&D capabilities by establishing a new research and engineering centre in the Czech Republic to enhance its lighting solutions technology.

Intellect Design Arena

Intellect Design Arena has successfully taken over the digital banking operations of Central 1 Credit Union in Canada, effective March 3, 2025. The transition includes key platforms such as Forge, MemberDirect, public websites, and mobile apps. To ensure seamless operations, over 140 banking engineers and service team members from Central 1 have joined Intellect.

CEAT

CEAT has established a new subsidiary in Sri Lanka, named CEAT OHT Lanka (Private) Limited, following the receipt of its Certificate of Incorporation.

Azad Engineering

Azad Engineering has raised Rs 700 crore through a qualified institutional placement (QIP), issuing 54.68 lakh shares at Rs 1,280 per share. The allotment was made at a 1.77% discount to the floor price of Rs 1,303.08.

Conclusion

The Indian markets are set for a cautious start, with GIFT Nifty futures indicating a decline. Key stocks, including Adani Green, Godrej Properties, IEX, and RBL Bank, remain in focus due to major developments. Investors will closely watch market trends and corporate actions for potential opportunities and risks in today’s session.

 

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.

India’s chemical industry is a well-diversified sector encompassing speciality chemicals, bulk chemicals, petrochemicals, agrochemicals, polymers, and fertilizers. As of August 2024, India ranks as the 6th largest chemical producer globally and 3rd in Asia, contributing 7% to the country’s GDP.

For investors looking at this growing sector, this article highlights the best chemical stocks in India for March 2025, based on key financial metrics such as five-year compound annual growth rate (CAGR), market capitalization, and net profit margin.

Best Chemical Stocks in March 2025 – Based on 5yr CAGR

Note: The best chemical stocks list provided here is as of March 03, 2025. The stocks are selected from the Nifty 500 universe, 1-yr returns are set to positive and sorted as per their 5-yr CAGR. 

Overview of the 5 Best Chemical Stocks in March 2025

1. Deepak Frtlsrs and Ptrchmcls Corp Ltd

Founded in 1979 by Chimanlal Mehta, Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) manufactures fertilizers, industrial chemicals, and petrochemicals. Its diverse portfolio includes ammonia, nitric acid, technical ammonium nitrate, iso-propyl alcohol, and value-added real estate ventures.

Deepak Fertilisers & Petrochemicals posted a net profit of ₹251 crore in Q3 FY25, up 335.6% YoY. Revenue surged 39.2% to ₹2,579 crore, while EBITDA rose 72% to ₹489 crore, reflecting strong operational performance.

Key metrics:

• Earning per share (EPS): ₹27.78
• Return on equity (ROE): 10.83%

2. Linde India Ltd

Linde India, a subsidiary of Linde plc, specialises in industrial and medical gases like oxygen, nitrogen, and hydrogen. Established in 1935, it has a strong nationwide presence, offering gas distribution, project engineering, and large-scale air separation solutions.

Linde India reported a 14.2% decline in revenue to ₹606 crore, while EBITDA rose 3.2% to ₹192 crore. EBITDA margin improved to 31.7%, but net profit dropped 3.1% to ₹116 crore year-on-year.

Key metrics:

• EPS: ₹50.92
• ROE: 12.24%

3. Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Ltd. (HSCL), India’s largest coal tar pitch producer, manufactures specialty chemicals for industries like lithium-ion batteries, defense, and construction. Established in 1987, HSCL operates in India, China, and Hong Kong, with BSE/NSE listings.

Himadri Speciality Chemical reported a 30.5% YoY rise in net profit to ₹142.06 crore, with revenue up 8.4% at ₹1,140.66 crore. Expenses grew 3.75%, while carbon materials revenue increased 8.38% to ₹1,134.50 crore.

Key metrics:

• EPS: ₹10.42
• ROE: 15.43%

4. Solar Industries India Ltd

Solar Industries is a major domestic producer of bulk and cartridge explosives, detonators, and detonating cords for mining, infrastructure, and construction. It also manufactures high-energy explosives, delivery systems, ammunition filling, and pyros fuses for the defence sector.

Solar Industries posted a 54.85% YoY rise in net profit to ₹314.87 crore for Q3 FY25. Revenue surged 38% to ₹1,973.08 crore, while EBITDA jumped 48% YoY to ₹527 crore, reflecting strong operational performance.

Key metrics:

• EPS: ₹83.49
• ROE: 28.50%

5. PCBL Chemical Ltd

PCBL Chemical Ltd, part of RP-Sanjiv Goenka Group, is India’s largest carbon black producer, serving the tire, plastics, and coatings industries. With multiple plants nationwide, the company is expanding into speciality chemicals and sustainable green power generation.

PCBL Chemical Ltd posted a 39.1% YoY decline in net profit to ₹93.1 crore in Q3 FY25, despite a 21.3% rise in revenue to ₹2,010 crore. EBITDA grew 13.7% to ₹317.4 crore.

Key metrics:

• EPS: ₹13.11
• ROE: 12.86%

Best Chemical Stock in March 2025 Based on Market Cap

Note: The best chemical stocks list here is as of March 03, 2025. The stocks are sorted based on the market cap from the Nifty 500 universe.

Best Solar Stocks in March 2025- Based on Net Profit Margin

Note: The best chemical stocks list here is as of March 03, 2025. The stocks are sorted based on the net profit margin from the Nifty 500 universe. 

Key Factors to Consider Before Investing in Chemical Stocks in India

The chemical industry in India has demonstrated resilience and substantial growth over the years, outperforming many other sectors. However, investing in chemical stocks requires careful analysis of various factors that impact their profitability and long-term sustainability. Here are key aspects investors should consider before making investment decisions.

1. Technological Advancements

The chemical sector is highly dependent on innovation. Investors should evaluate whether companies are prioritizing research and development to stay competitive in the evolving market. Technological advancements enhance efficiency, product quality, and overall business sustainability.

2. Raw Material Costs and Availability

Chemical companies rely on raw materials such as crude oil and natural gas. Any fluctuations in these commodities’ prices directly impact profitability. Investors should assess how well a company manages cost variations and secures a stable supply of raw materials to ensure steady production.

3. Market Conditions and Global Impact

Factors like global demand, geopolitical tensions, and regulatory policies significantly influence the chemical sector. Trade restrictions, export-import policies, and shifts in consumer demand can affect stock performance. Monitoring these trends is crucial before investing.

4. Impact of De-Inventorisation

Over the past quarters, several chemical firms have faced margin squeezes due to global de-inventorisation, leading to price pressures. Investors should focus on companies that remain unaffected by these challenges and continue to maintain stable pricing power.

5. Supply Chain Resilience

A strong supply chain is essential for the chemical industry, given its complexity. Issues such as transportation disruptions, geopolitical risks, and unexpected bottlenecks can affect operations. Investors should consider companies with robust and well-diversified supply chains to minimize risks.

6. Company Financial Health

Before investing in chemical stocks, examining a company’s financial stability is crucial. Key indicators include revenue growth, earnings per share (EPS), debt levels, and stock performance. A financially strong company is more likely to withstand economic downturns and market fluctuations.

Should You Invest in Chemical Stocks?

The chemical sector has consistently shown growth potential, making it an attractive long-term investment option. 

However, risks such as market volatility, regulatory challenges, and environmental concerns persist. 

Thorough research and a clear understanding of individual financial goals and risk appetite are essential before making investment decisions.

Conclusion

Investing in chemical stocks can be profitable, but due diligence is necessary. Considering the factors mentioned above will help investors make informed choices. Seeking expert financial advice can further mitigate risks and enhance investment success in the chemical 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.

Solar Industries announced on Friday, February 28, that it, along with its subsidiary, has secured orders worth ₹2,150 crore for the supply of defence products. The orders were awarded by an international entity and are set to be completed over the next six years.

This follows a similar deal in December 2024 when the company bagged a ₹2,039 crore order for defence products from international clients, scheduled for completion within four years.

Stocks Performance 

On March 03, 2025, Solar Industries’ share price traded 1.07% higher at ₹8,785.40 at 10:43 AM (IST). Solar Industries’ share price reached a 52-week high of ₹13,300.00 and a 52-week low of ₹6,740.00. As per BSE, the total traded volume for the stock stood at 1,848 shares with a turnover of ₹1.62 crore.

At the current price, Solar Industries shares are trading at a price-to-earnings (P/E) ratio of 33x, based on its trailing 12-month earnings per share (EPS) of ₹8.22, and a price-to-book (P/B) ratio of 4.61, according to exchange data.

Management Outlook

Despite the major contract wins, Solar Industries’ management has revised its revenue growth guidance for FY25 downward, citing a slowdown in the domestic market. The company had earlier projected a 30% growth in revenue but now anticipates falling short of that target.

While defence revenue guidance remains stable, the company expects variations of 5-10%. The execution timeline for the Pinaka order is estimated to be between 8 to 12 years. However, despite the slower growth, Solar Industries expects an improvement in its margins.

Q3 FY25 Performance

For the December 2024 quarter, Solar Industries posted a 55% increase in net profit, reaching ₹314.87 crore. Revenue surged 38% year-on-year to ₹1,973.08 crore, compared to ₹1,429.14 crore in the previous year.

The company’s EBITDA grew 48% to ₹527 crore from ₹355.3 crore a year ago, while margins expanded to 26.7%, up from 25%.

Despite the slowdown in domestic market growth, Solar Industries continues to see strong demand for its defence products, driven by international contracts and a focus on improving profitability.

 

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.

Telecom infrastructure provider RailTel Corporation of India Ltd announced on Friday (February 28) that it has received two work orders totalling ₹63.55 crores, including taxes, from state authorities in Madhya Pradesh and Odisha.

Madhya Pradesh State Data Centre Expansion

RailTel has been awarded a contract worth ₹37.18 crore by the Madhya Pradesh State Electronics Development Corporation Ltd for system integration, expansion of the state data centre (SDC), and the establishment of a disaster recovery (DR) centre.

The project is expected to be completed by June 27, 2029, strengthening the state’s digital infrastructure and ensuring data resilience.

Billboard System Project in Odisha

The company also secured a ₹26.37-crore contract from the Cuttack Development Authority for setting up 14 units of a billboard system. This project includes hardware, annual maintenance contracts (AMC), and command control support across various locations in Cuttack City. The expected completion date for the project is July 11, 2025.

Financial Performance in Q3 FY25

RailTel Corporation reported a 4.7% year-on-year (YoY) increase in net profit for the third quarter, reaching ₹65 crore compared to ₹62.1 crore in the same period last year. Revenue from operations saw a strong 14.8% YoY surge, rising to ₹767.6 crore from ₹668.4 crore in Q3 FY24.

Despite the rise in revenue and profit, RailTel’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) declined by 6.6% YoY to ₹121 crore, down from ₹129.7 crore in the year-ago quarter. As a result, the EBITDA margin contracted to 15.8%, compared to 19.4% in Q3 FY24, indicating a squeeze on profitability.

Stock Performance 

On March 03, 2025, Railtel share price traded 2.95% lower at ₹272.90 at 10:23 AM (IST). Railtel’s share price reached a 52-week high of ₹618.00 and a 52-week low of ₹271.50. As per BSE, the total traded volume for the stock stood at 1.31 lakh shares with a turnover of ₹3.65 crore.

At the current price, Railtel shares are trading at a price-to-earnings (P/E) ratio of 33x, based on its trailing 12-month earnings per share (EPS) of ₹8.22, and a price-to-book (P/B) ratio of 4.61, according to exchange data.

Conclusion

With these new project wins and continued revenue growth, RailTel remains focused on expanding its presence in India’s telecom infrastructure sector. The company aims to enhance digital connectivity and service offerings through strategic contracts and government collaborations.

 

 

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.