IREDA Shareholders Approve Fundraising Plan of Up to ₹5,000 Crore via QIP

State-owned Indian Renewable Energy Development Agency Ltd (IREDA) announced on Monday, February 24, 2025, that its shareholders have approved a plan to raise up to ₹5,000 crore through a Qualified Institutions Placement (QIP) of equity shares.

The fundraising, which will be conducted in one or multiple tranches, will result in a dilution of the Government of India’s shareholding in IREDA by up to 7% post-issue. The proposal had previously received approval from the company’s board on January 23, 2025.

The approval was granted via remote e-voting during IREDA’s 22nd Extra-Ordinary General Meeting (EGM) held on February 24, 2025, through video conferencing. The meeting was chaired by IREDA Chairman and Managing Director Pradip Kumar Das and attended by board members and shareholders.

Strengthening Green Financing Capabilities

Addressing the shareholders, CMD Pradip Kumar Das highlighted IREDA’s strong financial performance in the first nine months of FY 2024-25. As of December 31, 2024, the company reported a loan book of ₹68,960 crore, loan sanctions worth ₹31,087 crore, and disbursements amounting to ₹17,236 crore.

“The funds raised through QIP will strengthen our green financing capabilities, accelerate loan book growth, and support India’s clean energy targets,” Das stated.

Expansion into International Green Energy Finance

During the meeting, Das also informed shareholders about a significant development concerning IREDA’s global operations. IREDA Global Green Energy Finance IFSC Ltd, a wholly owned subsidiary of IREDA, recently received the Certificate of Registration from the International Financial Services Centre Authority (IFSCA).

This approval allows the subsidiary to commence operations as a Finance Company at GIFT City, Gujarat.

“This milestone strengthens IREDA’s commitment to lending and serving in foreign currency by reducing hedging risks,” Das added.

Amendments to Articles of Association

In addition to the fundraising approval, shareholders also consented to key amendments in IREDA’s Articles of Association.

The approved changes include provisions for the formation of joint ventures and subsidiaries both in India and abroad. Furthermore, the amendments empower the Board to exercise enhanced powers under ‘Navratna’ status, subject to government guidelines.

Stock Performance 

On February 25, 2025, IREDA share price traded 2.06% higher at ₹175.55 at 9:19 AM (IST). IREDA’s share price reached a 52-week high of ₹310.00, and a 52-week low of ₹121. As per BSE, the total traded volume for the stock stood at 0.62 lakh shares with a turnover of ₹1.10 crore.

At the current price, IREDA shares are trading at a price-to-earnings (P/E) ratio of 30.13x, based on its trailing 12-month earnings per share (EPS) of ₹5.71, and a price-to-book (P/B) ratio of 4.95, 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 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.

NBCC Secures ₹264.16 Crore Construction Order from NIT Kurukshetra

State-owned infrastructure company NBCC announced on Monday, February 24, 2025, that it has secured a construction order worth ₹264.16 crore from the National Institute of Technology (NIT) Kurukshetra.

The contract involves the construction of multiple buildings, including an academic block, hostel block, residential block, director’s residence, vertical extension of hotels and academic buildings, and other external development work.

The project will be executed under the engineering, procurement, and construction (EPC) mode.

Recent Order Wins Totaling ₹851.69 Crore

This latest contract follows two significant orders that NBCC secured last week, collectively valued at ₹851.69 crore.

  • Damodar Valley Corporation Order (₹776.75 Crore)

This contract involves the construction of buildings and associated works for townships in Durgapur, Koderma, and Raghunathpur in Kolkata.

  • Ministry of Housing and Urban Affairs Order (₹74.94 Crore)

This project entails maintenance work for the New Moti Bagh GRPA Complex for two years, extending until FY27.

Q3FY25 Performance 

NBCC has reported strong financial results for the December quarter, reflecting significant growth across key metrics. The company’s net profit surged 25.1% to ₹138.5 crore, compared to ₹110.7 crore in the same period last year.

Revenue from operations increased 16.6% to ₹2,827 crore, up from ₹2,423.5 crore in Q3FY24. EBITDA saw a 22% rise, reaching ₹142 crore from ₹116.8 crore in the previous year, while the EBITDA margin improved to 5% from 4.8%, highlighting operational efficiency gains.

Stock Performance 

On February 24, 2025, NBCC share price ended 1.45% lower at ₹79.95. NBCC’s share price reached a 52-week high of ₹139.00, and a 52-week low of ₹70.14. As per BSE, the total traded volume for the stock stood at 7.55 lakh shares with a turnover of ₹6.05 crore.

At the current price, NBCC shares are trading at a price-to-earnings (P/E) ratio of 49.05x, based on its trailing 12-month earnings per share (EPS) of ₹1.63, and a price-to-book (P/B) ratio of 9.66, 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 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.

Zomato Invests Additional ₹1,500 Crore in Blinkit to Fuel Expansion

Zomato’s share price is set to remain in focus on Tuesday, February 25, 2025, following its latest investment of ₹1,500 crore in Blinkit, as per regulatory filings with the Registrar of Companies (RoC). This comes just a month after the company infused another ₹500 crore into its quick commerce arm.

Aggressive Expansion Plans for Blinkit 

Blinkit is aggressively expanding its presence, aiming to maintain market leadership by rapidly opening dark stores. The company has announced plans to open 2,000 dark stores by the end of 2026. Additionally, Blinkit has widened its stock-keeping unit (SKU) range to include high-value items such as TVs, laptops, and printers, to improve its average order value.

With the latest investment, Zomato has poured a total of ₹4,300 crore into Blinkit since acquiring the online grocery delivery firm in August 2022. The continued investment highlights the company’s commitment to strengthening its position in the quick commerce sector.

Zomato’s Fundraising and Financial Strategy 

In November 2024, Zomato raised ₹8,500 crore through a qualified institutional placement (QIP). The funds were primarily aimed at improving the company’s balance sheet and ensuring sufficient cash reserves for its quick commerce division.

The fresh infusion is expected to support Blinkit’s rapid expansion amid increasing competition in the sector. The quick commerce space is seeing rising competition, with rival Zepto reportedly burning ₹350-400 crore per month to gain market share.

Financial Performance 

In Q2FY25, Blinkit was close to achieving operational breakeven. However, in Q3FY25, the company’s operational losses rose to ₹103 crore due to the aggressive opening of new dark stores. Despite this, Blinkit has reiterated its commitment to expansion and intends to continue scaling until it reaches its target of 2,000 dark stores.

The rapid expansion strategy will require more liquidity in the company’s balance sheet, and further investments may be needed to sustain growth and maintain competitiveness in the quick commerce market.

Stock Performance 

On February 24, 2025, Zomato share price ended 3.32% lower at ₹222.60. Zomato’s share price reached a 52-week high of ₹304.50, and a 52-week low of ₹144.30. As per BSE, the total traded volume for the stock stood at 12 lakh shares with a turnover of ₹26.98 crore.

At the current price, Zomato shares are trading at a price-to-earnings (P/E) ratio of 120.32x, based on its trailing 12-month earnings per share (EPS) of ₹1.85, and a price-to-book (P/B) ratio of 8.90, 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 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.

SEBI Imposes ₹50 Lakh Penalty on 3 FPIs for Violating Short-Term Investment Limits

The Securities and Exchange Board of India (SEBI) has imposed penalties totalling ₹50 lakhs on 3 foreign portfolio investors (FPIs) for exceeding the prescribed limits on short-term investments in debt securities.

In 3 separate orders issued on Monday, SEBI levied a fine of ₹20 lakh each on Nexpact Ltd and AIRD Investment Commercial LLC, while Aviator Global Investment Fund was fined ₹10 lakh.

SEBI’s Investigation and Findings 

The penalties follow inspections conducted by SEBI on Orbis Financial Corporation, the custodian of these FPIs, for the financial year 2021-22 (FY22). During the inspection, the regulator discovered that the investments made by the 3 entities did not comply with the permissible residual maturity limits for debt securities applicable to FPIs as of March 31, 2022.

Following this observation, SEBI conducted a broader examination covering the period from April 2018 to November 2023 to assess compliance with FPI regulations and Reserve Bank of India (RBI) norms.

Breach of Investment Limits

According to RBI regulations, an FPI’s short-term investments in any category should not exceed 30% of its total investment. These limits are required to be strictly monitored and adhered to by FPIs to ensure compliance.

SEBI found that AIRD Investment Commercial LLC had exceeded the 30% short-term investment cap across multiple periods, with violations persisting from December 19, 2021, to November 2023.

“The notice (AIRD Investment Commercial) was holding investments in short-term debt securities exceeding the prescribed limit of 30% for 562 days, which is almost two years,” SEBI stated in its order.

Similarly, Nexpact Ltd breached the short-term investment limit for a continuous period of 586 days, from December 2021 to July 2023. The company admitted that the breach was due to oversight and was immediately rectified. However, SEBI noted that the violation was repetitive and lasted for almost two years, warranting a penalty.

Aviator Global Investment Fund was found to have failed to maintain short-term investments within the prescribed threshold for 373 days between September 2021 and October 2022.

SEBI’s Rationale for Penalties 

In its orders, SEBI emphasised that maintaining compliance with investment limits is critical for market stability and transparency. The prolonged nature of the violations, despite regulatory norms being in place, led to the imposition of monetary penalties.

The regulator’s action underscores the importance of FPIs adhering to investment regulations to ensure compliance with SEBI and RBI norms. The penalties serve as a reminder for foreign investors to maintain due diligence in managing their portfolios within regulatory frameworks.

 

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 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.

Manappuram Finance Responds to $1 Billion Bain Capital Deal Reports

Manappuram Finance has responded to recent media reports suggesting a potential $1 billion deal with Bain Capital, stating that there is currently no material information that requires disclosure under SEBI’s Listing Regulations.

In a letter submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on February 24, 2025, the company clarified that it continuously explores various strategic and growth opportunities but has no updates that necessitate disclosure at this time.

Company Issues Clarification to Stock Exchanges 

“We have taken note of the captioned news item and confirm that currently there is no information which requires disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’). As a general matter, the Company, as part of its business strategy, explores various strategic/growth opportunities in the best interest of its stakeholders, from time to time,” Manappuram Finance stated.

The company also emphasised that any undisclosed events have not influenced the recent movement in its stock price. It assured stakeholders that all significant developments are promptly reported to the stock exchanges as per regulatory requirements.

“The Company has promptly intimated the stock exchanges regarding all events and disclosed all information that has a bearing on the operations/performance of the Company, in accordance with Regulation 30 of the Listing Regulations as and when required, and will continue to do so in accordance with applicable law,” the company added.

Q3FY25 Financial Performance

Manappuram Finance reported a net profit of ₹453.4 crore for the third quarter of the financial year 2024-25 (Q3FY25), reflecting a 5.8% increase from ₹428.6 crore in the same quarter last year.

The company’s net interest income (NII) grew more strongly by 13.7% year-on-year (YoY), reaching ₹1,160.9 crore compared to ₹1,021.2 crore in Q3FY24. The rise in NII indicates robust lending activity and improved interest spreads, reinforcing the company’s strong financial performance.

Stocks Performance 

On February 24, 2025, Manappuram Finance share price ended 1.62% higher at ₹204.10. Manappuram Finance’s share price reached a 52-week high of ₹230.25, and a 52-week low of ₹138.40. As per BSE, the total traded volume for the stock stood at 10.70 lakh shares with a turnover of ₹22.02 crore.

At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 9.61x, based on its trailing 12-month earnings per share (EPS) of ₹21.23, and a price-to-book (P/B) ratio of 1.55, 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 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.

Who Can Invest in Angel One Nifty Market ETF?

Angel One Asset Management Company has introduced its first-ever new fund offer (NFO) with the Angel One Nifty Total Market Index Fund, currently open for subscription until February 21, 2025.

This open-ended scheme aims to replicate and track the Nifty Total Market Index, allowing investors to participate in India’s growth story without the complexities of stock selection and portfolio management.

In addition, Angel One AMC has launched the Angel One Nifty Total Market ETF, India’s first ETF tracking the Nifty Total Market Index.

Both funds offer investors broad market exposure, sector diversification, and reduced risk associated with over-concentration in specific industries, making them attractive options for those seeking simplified yet comprehensive equity market investments.

Who Can Invest in Angel One Nifty Total Market ETF?

The ETF is open to a wide range of investors, including:

  • Retail Investors 

Ideal for individuals looking for a cost-effective, diversified, and liquid investment option.

  • Institutional Investors

Mutual funds, insurance companies, and pension funds can use the ETF for stable market exposure.

  • High Net-Worth Individuals (HNIs) 

Investors with substantial capital can use the ETF to manage risk while optimising portfolio returns.

  • Foreign Portfolio Investors (FPIs)

Overseas investors can participate in India’s stock market via the ETF, following SEBI regulations.

  • Systematic Investors 

Investors preferring Systematic Investment Plans (SIP) can gradually invest in the ETF, benefiting from rupee cost averaging.

How to Invest in Angel One Nifty Total Market ETF?

Investing in the ETF is a straightforward process:

  • Open a Demat & Trading Account 

Investors need a demat account and a trading account with a registered brokerage firm.

  • Purchase ETF Units

The ETF can be bought and sold on the NSE, just like individual stocks.

  • Monitor Market Performance

Investors should keep track of market trends and the ETF’s performance to make informed decisions.

ETF Listing and Market Coverage

The Angel One Nifty Total Market ETF will be listed on the National Stock Exchange (NSE) within five working days after allotment, offering investors liquidity and ease of trading.

The ETF is designed to capture approximately 93% of India’s total market capitalisation by including 750 stocks from the Nifty 500 and Nifty Microcap 250 indices. The composition is structured as follows:

  • 60% Large-Cap stocks
  • 19% Mid-Cap stocks
  • 10% Small-Cap stocks
  • 4% Micro-Cap stocks

With representation from 22 different sectors, the ETF aims to minimise sector concentration risk while providing diversified market exposure.

Conclusion

The Angel One Nifty Total Market ETF and Index Fund offer investors a simplified way to gain exposure to India’s equity market with broad diversification and reduced risk.

With easy trading on the NSE, accessibility for various investor types, and a structured composition across market caps and sectors, these funds provide a compelling investment opportunity.

As India’s markets grow, these offerings ensure stable, long-term participation in economic expansion.

 

 

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 Minimum Pension Hike: Will Govt Approve ₹7,500 Minimum Pension Demand?

Private sector employees under the Employees’ Provident Fund Organisation (EPFO) have long sought an increase in their minimum pension, which has remained at ₹1,000 per month since 2014.

Under the current system, EPF members contribute 12% of their basic salary towards the provident fund, with employers matching this contribution. Of the employer’s share, 8.33% is allocated to the Employees’ Pension Scheme (EPS), while 3.67% goes towards the EPF scheme.

EPS-95 Pensioners Seek ₹7,500 Minimum Pension 

Ahead of Budget 2025, a delegation of EPS-95 retirees met Finance Minister Nirmala Sitharaman to push for their long-standing demand of a minimum pension of ₹7,500 per month plus dearness allowance (DA).

The EPS-95 National Agitation Committee stated that the finance minister assured them that their demands would be considered with sympathy. Pensioners have been campaigning for over seven to eight years, urging the government to increase the pension amount while also seeking DA benefits and free medical treatment for retirees and their spouses.

EPFO CBT Meeting Scheduled for February 28 

The demand for a pension revision gains significance as the Central Board of Trustees (CBT) of EPFO is set to meet on February 28, 2025, to finalise the interest rate on provident fund deposits for FY 2024-25.

While discussions on the interest rate will be a primary focus, the issue of pension enhancement is also expected to be a major topic. Many pensioners and advocacy groups argue that the current ₹1,000 pension is inadequate, especially considering inflation and rising medical expenses.

With mounting pressure from retirees, all eyes are on the upcoming CBT meeting, which could determine the future of pension benefits for millions of employees.

Government Considering Fixed Interest Rate for EPFO 

In a separate development, the central government is reportedly evaluating a proposal to introduce a fixed interest rate for EPFO subscribers, ensuring stable returns despite market fluctuations.

This move aims to provide financial security to subscribers and mitigate concerns over unpredictable returns.

Interest Stabilisation Fund Under Consideration 

According to the news reports, the government is exploring the creation of an interest stabilisation reserve fund to maintain a steady interest rate, regardless of investment performance.

The proposal is currently in the early stages, with the Ministry of Labour and Employment conducting an internal study to assess its feasibility.

EPFO Interest Rate for 2024-25: Potential Revision Expected 

Multiple media reports suggest that the EPFO may revise the interest rate for provident fund deposits for 2024-25. The rate is likely to be set between 8% and 8.25%, maintaining consistency with the previous financial year (2023-24).

237th CBT Meeting: Key Decisions on Interest Rate 

The Central Board of Trustees (CBT), chaired by the Union Minister for Labour and Employment, is EPFO’s highest decision-making body. It comprises representatives from employer associations, trade unions, and government officials from both central and state governments. The interest rate proposal follows a structured approval process:

  • EPFO proposes the rate
  • CBT reviews and approves it
  • Finance Ministry grants final clearance
  • Approved interest is credited to EPFO subscribers’ accounts

EPFO Interest Rate in Previous Years 

For FY 2023-24, the EPFO had set the interest rate at 8.25%, marking an increase from 8.15% in 2022-23. The upcoming CBT meeting will determine whether the interest rate remains unchanged or is further increased.

Conclusion

With discussions on pension revision, interest rate stability, and potential rate adjustments, the February 28 CBT meeting will be crucial for millions of EPFO subscribers. The final decision will impact both pensioners seeking better financial security and active employees looking for stable returns on their provident fund savings.

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.

NTPC Green Energy Share Price Falls Over 7% as Shareholders Lock-in Period Ends

NTPC Green Energy share price witnessed a sharp decline of over 7% on Monday, February 24, following the expiration of the three-month shareholder lock-in period. The stock fell by 7.31% to ₹97.83 apiece on the National Stock Exchange (NSE) at 9:27 am.

The company’s market capitalisation currently stands at ₹82,434.78 crore. With the lock-in period ending, up to 18.33 crore equity shares have become eligible for trading. However, this does not necessarily mean that these shares will be sold in the open market immediately.

Strong Q3 Financial Performance

Despite the stock decline, NTPC Green Energy reported robust financial results for the third quarter of the financial year 2024-25. The company posted an 18% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹65.61 crore, compared to ₹55.61 crore in the same period last year.

Revenue from operations rose by 13.2% to ₹505.08 crore in Q3 FY25, up from ₹446.14 crore in the corresponding quarter of the previous fiscal year. Additionally, total income surged by 25.46% to ₹581.46 crore in the December quarter, compared to ₹463.46 crore a year ago.

Stock Market Debut and IPO Details

NTPC Green Energy shares were listed in November 2024, debuting at a 3.33% premium over the issue price of ₹108 on the Bombay Stock Exchange (BSE). On the NSE, the stock opened at ₹111.5, reflecting a 3.24% gain.

The company’s initial public offering (IPO) was priced in the range of ₹102-₹108 per share and was subscribed 2.40 times. The IPO proceeds, estimated at ₹7,500 crore at the upper band, were earmarked to repay or prepay outstanding loans of its subsidiary, NTPC Renewable Energy Ltd (NREL), with a portion allocated for general corporate purposes.

Strategic Partnership to Drive Green Energy Goals

NTPC Green Energy recently signed a memorandum of understanding (MoU) with Bharat Light and Power Private Ltd. The agreement aims to accelerate India’s green energy transition and support the government’s push toward a carbon-neutral economy.

According to the exchange filing, the MoU focuses on exploring the off-take of green hydrogen and its derivatives by NTPC Green Energy and its affiliates to third parties. Additionally, opportunities for selling captured carbon or biogenic carbon from NTPC Green Energy will also be evaluated.

As part of its Net Zero commitments, NTPC Green Energy and its affiliates plan to establish infrastructure for green hydrogen projects, including renewable energy projects and ongoing operations under a Build-Own-Operate (BOO) model.

Conclusion

While the end of the shareholder lock-in period triggered a decline in NTPC Green Energy’s stock price, the company continues to exhibit strong financial performance and strategic expansion in the renewable energy sector. Investors will closely watch how these developments influence the company’s market position in the coming months.

 

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.

Ujjivan Small Finance Bank Approves Sale of ₹364.51 Crore Loan Pool to ARC

Ujjivan Small Finance Bank (SFB) has approved the sale of a ₹364.51 crore micro banking loan pool to an Asset Reconstruction Company (ARC) as part of its efforts to enhance asset quality and financial health. The loan pool includes ₹294.51 crore in non-performing assets (NPAs) and ₹70 crore in technically written-off loans.

The decision was approved by the bank’s authorised board committee and is expected to contribute to improved financial stability. The proposed transaction was finalised at 3:06 PM today, and Ujjivan SFB has stated that further details will be disclosed upon completion of the deal.

Provisioning and Risk Coverage 

To mitigate potential risks associated with the loan pool, Ujjivan SFB has maintained an overall provision coverage of 66.51%. This ensures adequate risk protection while allowing the bank to focus on improving its loan book quality.

Asset Quality and Financial Performance 

The move comes as Ujjivan SFB continues to manage its asset quality, following an increase in its gross non-performing assets (GNPA) ratio to 2.68% in Q3 FY25, up from 2.52% in the previous quarter. However, net NPA remained stable at 0.56%.

Ujjivan SFB’s total gross loan book stood at ₹30,466 crore, reflecting a year-on-year growth of 9.8%. Notably, the bank’s secured loan portfolio has expanded significantly, accounting for 39.3% of the total loan book as of December 2024, compared to 28.3% in the previous year.

Collection Efficiency and Portfolio Performance 

The bank has reported a steady improvement in its collection efficiency, which reached 96% in December 2024. Additionally, the bucket X collection efficiency for both group and individual loan books stood at an impressive 99.3%.

Meanwhile, the portfolio at risk (PAR) was recorded at 5.4%, with the GNPA and net NPA levels at 2.7% and 0.6%, respectively. These figures indicate that while asset quality challenges persist, the bank has maintained strong collection performance and risk management strategies.

Stock Performance

On February 24, 2025, Ujjivan Small Finance Bank share price traded 1.95% lower at ₹31.75 at 9:45 AM (IST). Ujjivan Small Finance Bank’s share price reached a 52-week high of ₹56.73, and a 52-week low of ₹30.85. As per BSE, the total traded volume for the stock stood at 2.71 lakh shares with a turnover of ₹86.38 lakhs.

At the current price, Ujjivan Small Finance Bank shares are trading at a price-to-earnings (P/E) ratio of 6.30x, based on its trailing 12-month earnings per share (EPS) of ₹5.03, and a price-to-book (P/B) ratio of 1.04, 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.

NHPC in Talks Over Buying Co-Promoter Stake in PTC India

India’s largest hydropower company, NHPC, has confirmed that it is evaluating the possibility of acquiring co-promoter stake in power trading company PTC India.

NHPC-PTC India Stake Acquisition Under Review

NHPC, along with three other public sector undertakings (PSUs) – NTPC Limited, Power Grid Corporation of India, and Power Finance Corporation – holds approximately 4.05% stake each in PTC India. Collectively, these PSUs own 16.2% of the company, according to the latest shareholding data.

CMD Raj Kumar Chaudhary acknowledged that internal discussions are ongoing regarding the potential acquisition of the co-promoter’s stake in PTC India. However, he emphasized that the proposal remains at a preliminary stage.

Government Discussions on Stake Sale

In January 2025, officials from the Ministry of Power held discussions with executives from the four PSUs to deliberate on the potential stake sale in PTC India.

Following these discussions, NHPC has now commented on its stance, stating, “The proposal either to buy or not to buy the co-promoter stake in PTC India Limited is in the very initial stage of study.”

NHPC further clarified that any material development regarding the acquisition will be formally disclosed to the stock exchanges in due course.

Future Course of Action

As NHPC continues its internal deliberations, investors and industry stakeholders are closely monitoring the developments. If NHPC proceeds with the acquisition, it could significantly strengthen its position in India’s power trading sector. However, with the discussions still in the early stages, the final decision remains uncertain.

Stock Performance 

On February 24, 2025, NHPC share price traded 2.07% lower at ₹78.20 at 9:21 AM (IST). NHPC’s share price reached a 52-week high of ₹118.45, and a 52-week low of ₹71.01. As per BSE, the total traded volume for the stock stood at 1.39 lakh shares with a turnover of ₹1.09 crore.

At the current price, NHPC shares are trading at a price-to-earnings (P/E) ratio of 27.06x, based on its trailing 12-month earnings per share (EPS) of ₹2.89, and a price-to-book (P/B) ratio of 2.03, according to exchange data.

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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.