IREDA Secures JPY 26 Billion Loan from SBI Tokyo to Boost Renewable Energy Projects

The Indian Renewable Energy Development Agency Ltd (IREDA) has secured JPY 26 billion through external commercial borrowings (ECB) from the State Bank of India (SBI), Tokyo Branch.

The funds will be used to accelerate renewable energy projects across India. The agreement, signed on March 27, 2025, includes a Green Shoe Option of JPY 10 billion, providing IREDA with additional financial flexibility to support its sustainability goals.

5-Year Loan to Support Renewable Energy Growth

The 5-year unsecured loan will finance and promote various renewable energy initiatives, aligning with India’s long-term sustainability objectives.

IREDA emphasized that the transaction with the SBI Tokyo Branch is conducted at arm’s length, ensuring transparency and maintaining no shareholding implications.

The move is part of IREDA’s broader strategy to diversify its funding sources and enhance international financial partnerships to drive India’s renewable energy growth.

RBI’s Revised Priority Sector Lending Guidelines

This development follows recent changes announced by the Reserve Bank of India (RBI) to its Priority Sector Lending (PSL) guidelines, which impact the renewable energy sector.

Under the revised framework, the RBI has expanded the classification criteria for renewable energy-related loans under PSL.

Additionally, bank loans up to ₹35 crore for renewable energy-based power generators and renewable energy-based public utilities will now qualify for Priority Sector Lending.

IREDA Stock Performance and Financial Results

On April 1, 2025, IREDA shares were trading 0.75% lower at ₹159.40 apiece on the BSE, nearing its day’s low. The stock opened at ₹163 and hit an intraday high of ₹166.77. Year-to-date, the scrip has corrected by more than 28% and is down nearly 50% from its 52-week high of ₹310.

In terms of financial performance, IREDA reported a strong 26.8% year-on-year (YoY) growth in its net profit (profit after tax) for Q3FY25, reaching ₹425.4 crore compared to ₹335.5 crore in the same period last year. Sequentially, its PAT increased by 10% from nearly ₹388 crore in Q2FY25, showcasing steady financial growth despite stock market volatility.

Conclusion

With this new funding from SBI Tokyo, IREDA is poised to strengthen India’s renewable energy landscape. The ECB loan, along with RBI’s revised PSL framework, reflects a growing focus on sustainability and clean energy investments.

Despite recent stock fluctuations, IREDA’s financial growth and strategic initiatives reinforce its position as a leading financier in the green energy 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.

Tata IPL 2025: The T20 of Finance: Why Short-Term Trading is Just Like T20 Cricket?

The Tata IPL, cricket’s electrifying T20 tournament, started on March 22, 2025, and is a whirlwind of excitement and unpredictability. Like short-term trading, it thrives on quick decisions, calculated risks, and dramatic swings, offering massive gains or crushing losses in moments. Both are high-stakes, adrenaline-fueled arenas.

Whether it’s a batsman’s final-over heroics or a trader’s market surge, IPL and short-term trading share risk and reward, and relentless action. In this article, we will explore how T20’s fast-paced, high-pressure world mirrors trading’s momentum, swing, and F&O strategies—uniting cricket and finance in thrilling ways.

Risk and Returns

In T20 cricket, every ball can change the course of the game. A single over can swing momentum, and a few big hits can turn a losing position into a winning one. Similarly, in short-term trading, especially in instruments like Futures and Options (F&O), traders often experience dramatic swings in their portfolios.

A well-timed trade can yield profits, while a wrong move can lead to substantial losses. Both T20 cricket and short-term trading are not for the faint-hearted; they require nerves of steel and the ability to handle pressure.

Momentum Trading: Riding the Wave

Momentum trading in the stock market is akin to a batsman capitalising on a bowler’s poor form in a T20 match.

Just as a batsman looks to score quickly when the bowler is under pressure, momentum traders buy stocks that are trending upwards and sell them as soon as the trend shows signs of reversing. In both cases, timing is everything. A delay in decision-making can result in missed opportunities or losses.

Swing Trading: Playing the Short Move

Swing trading, where traders hold positions for a few days to capitalise on expected price movements, is similar to a T20 batsman’s strategy of targeting specific overs to maximise runs. Both require a keen understanding of patterns and trends.

In cricket, a batsman might target a weaker bowler or a specific field placement, while a swing trader identifies stocks that are likely to move in their favour based on technical analysis.

F&O Trading: The Ultimate Thrill

Futures and Options (F&O) trading is perhaps the most adrenaline-pumping form of short-term trading, much like the final overs of a T20 match. In F&O, traders leverage their positions to boost gains, but this also increases the risk of significant losses.

Similarly, in T20 cricket, the final overs often see batsmen taking risk shots to maximise runs, knowing that a single mistake could cost their team the match. Both scenarios are a test of skill, strategy, and nerve.

Is F&O Trading a Loss-Making Strategy?

A SEBI study revealed that over 1 crore F&O traders lost ₹1.81 lakh crore between FY22 and FY24, with ₹75,000 crore lost in FY24 alone. About 91% of traders, including 93% of those under 30, faced losses. Despite consecutive setbacks, 75% continued trading, with most earning under ₹5 lakh annually.

Meanwhile, proprietary traders and foreign portfolio investors (FPIs) made significant profits—₹33,000 crore and ₹28,000 crore, respectively—mainly through algorithmic trading. This indicates that individual traders are competing against advanced automated systems and institutional investors, putting them at a clear disadvantage in the volatile and risk F&O segment.

Conclusion

The T20 format of cricket and short-term trading are two sides of the same coin. Both are fast and unpredictable and demand a level of skill and mental fortitude. While the thrill of quick wins is undeniable, the risks are equal. Whether you’re a cricket fan or a trader, one thing is clear: in the T20 format and short-term trading, the game is never over until the last ball is bowled or the market closes.

So, the next time you watch a T20 match, think of it as a live demonstration of the principles that drive short-term trading—stakes, quick decisions, and the potential for glory or heartbreak in a matter of moments.

 

 

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 Eases Regulations on Intraday Position Limits for Index Derivatives

The Securities and Exchange Board of India (SEBI) on Friday, March 28, 2025, announced a relaxation in the regulations concerning the breach of intraday position limits for index derivative contracts. This move aims to ease compliance burdens for market participants.

Intraday Monitoring to Begin from April 1, 2025

Effective from April 1, 2025, stock exchanges will begin monitoring position limits for equity index derivative contracts on an intraday basis.

However, no penalties will be imposed for breaching these limits during the trading day until further notice.

The SEBI circular mentioned that stock exchanges would take a minimum of four position snapshots during the day to monitor intraday limits.

These snapshots will be randomly taken within pre-defined time windows. Exchanges may decide to take additional snapshots, provided they adhere to the minimum of four.

No Penalties for Intraday Breaches

The new regulatory framework also specifies that intraday breaches will not be considered violations unless new directions are issued by SEBI in the future.

For the time being, the existing penalty structure that applies to end-of-day position limit breaches will also apply to intraday position limit breaches.

Shift from Earlier Penalty Proposal

This announcement marks a significant shift from SEBI’s earlier proposal, which suggested implementing a penalty framework for breaches of intraday position limits for index derivatives.

Industry Associations’ Concerns and SEBI’s Response

The relaxation follows concerns raised by various industry associations, including the Association of National Exchanges Members of India (ANMI), the Bombay Bullion Federation (BBF), and the Commodity Participants Association of India (CPAI).

These bodies highlighted the lack of readiness in the systems used by stock brokers and their clients to monitor the existing position limits intraday.

SEBI’s relaxation is aimed at providing market participants with greater flexibility and reducing compliance challenges as they trade in index derivatives.

Conclusion 

SEBI’s decision to relax intraday position limit regulations offers much-needed relief to market participants, addressing industry concerns over system readiness.

By postponing penalties and allowing flexible monitoring, SEBI aims to ensure a smoother transition for stock exchanges and traders.

 

 

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.

Nifty Recovers over 200 Points in Intra-day Trade on Tuesday, April 01, 2025

The Nifty 50 opened 178 points lower on Tuesday, April 1, trading below its record high of 26,277.35. Global markets continue to face uncertainty, especially with the impending implementation of reciprocal tariffs by former President Donald Trump on April 2.

Despite early gains in Asian markets, the overall global outlook remains cautious for the shortened trading week. However, after opening in the red, the Nifty recovered over 226 points to trade in the green with a minor gain of 46 points at 9:43 AM (IST).

Indian Markets Begin FY26 with Positive Momentum

Today marks the start of India’s new financial year, FY2026. Indian markets finished FY2025 with a positive outlook, posting growth for the second consecutive fiscal year.

The Nifty 50 gained over 5%, with 27 of its constituent stocks posting positive returns. Out of these, 16 stocks registered gains of over 10%.

However, three major Nifty stocks, Nestle India, Adani Ports, and Bajaj Auto, saw declines of more than 10% and emerged as the top losers.

NSE Revises Lot Sizes for Key Derivatives Contracts

The National Stock Exchange (NSE) recently announced changes to the lot sizes for derivative contracts on two important indices: Bank Nifty and Nifty Midcap Select.

Starting April 25, 2025, the lot size for Bank Nifty will increase from 30 to 35, while Nifty Midcap Select will rise from 120 to 140.

Existing contracts with expiries in April, May, and June 2025 will continue to trade with the previous lot sizes until their expiration.

SEBI Proposes Changes to Equity Derivatives Expiry Days

On March 27, 2025, the Securities and Exchange Board of India (SEBI) proposed limiting the expirations of all equity derivatives contracts on exchanges to either Tuesday or Thursday.

This proposal aims to optimise spacing between expirations across exchanges while avoiding Mondays and Fridays.

The NSE had previously announced a shift in the expiry days for Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select to Mondays, effective April 4, 2025.

NSE’s Previous Changes to Lot Sizes and Expiries

In October 2024, the NSE increased the lot sizes for all five major index derivatives—Nifty, Bank Nifty, FinNifty, Nifty Midcap Select, and Nifty Next50—after SEBI raised the minimum contract size to ₹15 lakh.

At that time, the Nifty 50 lot size tripled from 25 to 75, while Bank Nifty’s lot size doubled from 30 to 60.

Conclusion 

As India enters the new financial year with positive momentum, the market outlook remains cautious amid global uncertainties.

Key changes to NSE derivatives contracts and SEBI’s proposed expiry adjustments reflect ongoing efforts to optimise market operations. Investors will closely monitor these developments for their potential impact on future trading strategies.

 

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.

L&T Technology Services Secures €50 Million Deal with European Automotive OEM

Shares of L&T Technology Services (LTTS) are drawing attention after the company announced a significant deal worth €50 million with a renowned European automotive original equipment manufacturer (OEM).

The deal is focused on developing and operating next-generation software platforms for both current and upcoming vehicle models.

Development Centre to Support Global Right Shoring Strategy

As part of the deal, LTTS will also establish a development centre that will play a crucial role in the client’s global right-shoring strategy.

This strategic initiative will support the OEM in enhancing its product offerings through advanced software solutions.

LTTS’ Expertise in Software-Defined Vehicle Technologies

LTTS secured the deal by leveraging its expertise in software-defined vehicle (SDV) development, advanced driver assistance systems (ADAS), and software-defined everything (SDe). The company’s strong capabilities in these areas were key factors in winning the contract.

Commitment to Transforming the Global Automotive Landscape

Amit Chadha, CEO and MD of LTTS and NASSCOM executive council member, commented, “This deal underlines LTTS’ proven competencies in software-defined mobility and reflects our commitment to enabling transformation in the global automotive landscape. Our expertise in EV technologies, SDVs, and ADAS, complemented by our robust digital engineering capabilities, positions us to create a powerful impact for our customers, making future-ready mobility a reality.”

Stock Performance 

On April 01, 2025, L&T Technology Services share price traded 1% higher at ₹4,545.80 at 9:45 AM (IST). L&T Technology Services share price reached a 52-week high of ₹5,990, and a 52-week low of ₹4,228.00. As per BSE, the total traded volume for the stock stood at 1,909 shares with a turnover of ₹86.47 lakhs.

According to exchange data, L&T Technology Services shares are trading at a price-to-earnings (P/E) ratio of 38.95x, based on its trailing 12-month earnings per share (EPS) of ₹116.72, and a price-to-book (P/B) ratio of 9.06.

Conclusion

L&T Technology Services (LTTS) has secured a €50 million deal with a European automotive OEM to develop next-gen software platforms for vehicles.

The deal includes establishing a development centre to support the client’s global right-shoring strategy.

LTTS’ expertise in SDVs, ADAS, and software-defined technologies was key. LTTS shares traded 1% higher at ₹4,545.80 on March 26, 2025.

 

 

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.

Top-10 Firms’ Market Valuation Jumps ₹88,085.89 Crore; HDFC Bank, TCS Leads the Gain

The combined market valuation of eight of the top-10 most-valuable companies surged by ₹88,085.89 crore last week, driven by positive trends in the equity market.

The BSE benchmark index rose by 509.41 points, or 0.66%, signalling renewed investor confidence, with HDFC Bank emerging as the top gainer.

HDFC Bank, TCS, SBI Among the Major Gain Makers

HDFC Bank led the pack with a remarkable increase of ₹44,933.62 crore, raising its market capitalisation to ₹13,99,208.73 crore. It was followed by the State Bank of India (SBI), whose market valuation jumped ₹16,599.79 crore to ₹6,88,623.68 crore.

Tata Consultancy Services (TCS) added ₹9,063.31 crore to its market cap, reaching ₹13,04,121.56 crore, while ICICI Bank saw an uptick of ₹5,140.15 crore, bringing its valuation to ₹9,52,768.61 crore.

Other gainers included ITC, which added ₹5,032.59 crore, pushing its valuation to ₹5,12,828.63 crore, and Hindustan Unilever, which saw a rise of ₹2,796.01 crore, reaching ₹5,30,854.90 crore.

Bharti Airtel gained ₹2,651.48 crore, reaching ₹9,87,005.92 crore, and Bajaj Finance increased by ₹1,868.94 crore, taking its market valuation to ₹5,54,715.12 crore.

Infosys and Reliance Industries See Market Value Erosion

On the flip side, two companies from the top-10 pack witnessed a decline in market capitalisation. Infosys saw a dip of ₹9,135.89 crore, reducing its market value to ₹6,52,228.49 crore, while Reliance Industries‘ valuation decreased by ₹1,962.20 crore to ₹17,25,377.54 crore.

Reliance Retains Top Spot Amid Valuation Erosion

Despite the dip, Reliance Industries maintained its position as the most valuable company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and ITC in the ranking of the top-10 firms.

Conclusion 

The market performance of the top-10 most-valuable firms last week reflects renewed investor confidence, driven by gains in major stocks like HDFC Bank and TCS.

Despite declines in Infosys and Reliance Industries, the overall market sentiment remains positive, with many companies experiencing significant valuation increases, highlighting strong growth potential in India’s equity market.

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.

 

Upcoming NFOs in April 2025: Key Details

New Fund Offers (NFOs) enable mutual fund companies to introduce new investment schemes across equity, debt, and sector-focused categories. In April 2025, only 1 NFO will be available in the market. This article highlights the upcoming NFO for the month.

Fund Name Initial Investment (₹) NFO Start Date NFO End Date
Kotak Energy Opportunities Regular Growth 100 April 03, 2025 April 17, 2025

Overview of Upcoming NFOs

  • Kotak Energy Opportunities Reg Gr

The Kotak Energy Opportunities Regular Growth New Fund Offer (NFO) aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies involved in energy and energy-related activities.

The fund seeks to capitalize on opportunities within the energy sector to drive growth and deliver returns for investors over time

The NFO will open for subscription on April 03, 2025, and close on April 17, 2025, with an initial investment requirement of ₹100

Are NFOs a Good Investment?

New Fund Offers (NFOs) give investors the chance to purchase mutual fund units at an initial price before the Net Asset Value (NAV) fluctuates.

They provide early access to potentially high-performing funds and exposure to emerging sectors, strategies, or asset classes with significant growth potential.

However, before investing in an NFO, it’s crucial for investors to assess key factors to ensure the investment aligns with their financial goals.

Things to Consider Before Investing in NFOs

1. Investment Goal

Ensure the NFO aligns with your financial objectives, whether it’s capital appreciation, income generation, or capital preservation. Choosing the right fund based on your goal is essential.

2. Risk Level

Understand the risk involved. Equity-based NFOs generally carry higher risk compared to debt-based ones. Assess your risk tolerance before investing.

3. Expense Ratio

The expense ratio reflects the cost of managing the fund. A lower expense ratio can lead to better long-term returns. Compare the ratios of similar funds before investing.

4. Fund Manager’s Experience

The expertise of the fund manager plays a key role in a fund’s performance. Research the manager’s track record to gauge how effectively they navigate market fluctuations and generate returns.

5. Investment Duration

Consider your investment horizon. Long-term investors may benefit from higher returns, while short-term investors should carefully assess liquidity and associated risks.

6. Past Performance of Similar Funds

While NFOs don’t have historical performance records, reviewing similar funds in the same category can help set realistic expectations regarding potential returns and risks.

Conclusion

The Kotak Energy Opportunities Regular Growth NFO presents an opportunity to invest in the energy sector for long-term capital appreciation.

However, before investing, it’s crucial to assess factors like investment goals, risk tolerance, and the fund manager’s experience. NFOs can be a good option if they align with your financial objectives.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. 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.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

Foreign Investors Infuse Nearly ₹31,000 Crore in Indian Equities Amid Positive Sentiment

Foreign investors have pumped nearly ₹31,000 crore into Indian equity markets in the last six trading sessions of March, driven by attractive valuations, the appreciation of the rupee, and improved macroeconomic indicators.

This influx has been a key factor in the market’s recovery, contributing to a 6% surge in the benchmark Nifty index, which reflects a renewed sense of confidence among investors.

FPI Inflows Drive 6% Recovery in Nifty

The re-emergence of Foreign Portfolio Investors (FPIs) as net buyers has played a crucial role in stabilizing the markets after a period of heavy outflows.

The recent inflows helped reduce the total outflow for March to ₹3,973 crore, according to data from the depositories. This marks a significant improvement compared to previous months when FPIs had withdrawn ₹34,574 crore in February and ₹78,027 crore in January.

March’s Inflows: A Boost for the Market

Despite the overall outflow in March, the last six trading sessions—from March 21 to March 28—saw FPIs infuse ₹30,927 crore into Indian equities, which has played a key role in lifting market sentiment.

The positive movements in the markets have largely been attributed to the resurgence of foreign investment, which has provided a much-needed boost to investor confidence.

Fluctuating FPI Flows in FY 2024-25

However, when examining the broader trend for India’s equity markets in the financial year 2024-25, the picture shows significant fluctuations in FPI flows. Initially, FPIs were net buyers, drawn by India’s strong economic growth and favourable market conditions.

This trend, however, reversed in October 2024, when a sharp shift occurred, with FPIs pulling out substantial investments.

Record Outflows in FY 2024-25

The total outflow from FPIs during the financial year 2024-25 (from April 1, 2024, to March 27, 2025) stands at approximately USD 15 billion, marking the highest-ever recorded outflow.

This exodus of foreign investments led to a significant decline in the Indian equity markets from their late-September peak, highlighting the volatility in FPI sentiment during the period.

Conclusion 

The recent ₹31,000 crore influx from foreign investors has bolstered market sentiment and contributed to a 6% recovery in Nifty.

However, the broader trend for FY 2024-25 shows significant fluctuations, with a record ₹15 billion outflow.

While foreign investments have provided a temporary boost, the market remains vulnerable to ongoing shifts in FPI sentiment and global factors.

 

 

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.

Stocks To Watch Today on April 01, 2025: Vodafone Idea, Vedanta, Suzlon, Auto Stocks and More in Focus

Indian markets are expected to be under pressure today. At 7:09 AM, GIFT Nifty futures were down by 191 points, standing at 23,446.50.

In the previous session, the Sensex dropped by 191.51 points (0.25%) to close at 77,414.92, while the Nifty50 fell by 72.60 points (0.31%) to end at 23,519.35.

Here are the key stocks to watch today on April 01, 2025:

Vodafone Idea

Vodafone Idea, a debt-ridden telecom provider, is set to see the Indian government become its largest shareholder. The company has decided to convert its outstanding spectrum dues into equity, increasing the government’s stake to 48.99% from the current 22.6%. This move aims to ease the company’s financial burden.

IREDA

The Indian Renewable Energy Development Agency (IREDA) has raised JPY 26 billion through external commercial borrowings from the State Bank of India’s Tokyo branch. Signed on March 27, 2025, the agreement includes a Green Shoe Option of JPY 10 billion, providing additional financial flexibility for renewable energy projects.

HAL

Hindustan Aeronautics Ltd. (HAL) has secured two contracts from the Defence Ministry worth ₹62,700 crore for the supply of 156 Light Combat Helicopters (LCHs). The five-year deal includes 66 LCHs for the Indian Air Force and 90 for the Indian Army, with deliveries starting in the third year.

Vedanta

Vedanta Ltd. has extended the deadline for securing necessary approvals for its planned demerger from March 31 to September 30. The decision comes as the company awaits clearances from the National Company Law Tribunal and other key government authorities.

Brigade Enterprises

Brigade Enterprises expects ₹300 crore in revenue from a new luxury housing project in Mysuru. The company has signed a Joint Development Agreement for a 5-acre residential project on Bogadi Road near the proposed Outer Ring Road. With a developable area of 4.5 lakh square feet, the project will feature 25% senior living spaces and 75% luxury apartments.

Auto Stocks

Investors will closely track updates from leading auto companies, including Maruti Suzuki, Mahindra & Mahindra, Hero MotoCorp, Eicher Motors, Bajaj Auto, TVS Motor, Hyundai India, and Tata Motors, as they report their March 2025 sales figures.

AU Small Finance Bank

AU Small Finance Bank has raised ₹770 crore through the issuance of Tier-II bonds at a 9.2% interest rate. The bank allotted 77,000 lower Tier-II bonds, structured as non-convertible debentures, via private placement. Each bond carries a face value of ₹1 lakh.

Adani Green Energy

Adani Renewable Energy Fifty Seven Ltd., a step-down subsidiary of Adani Green Energy, has commissioned an additional 37.5 MW solar power project at Khavda, Gujarat. With this expansion, Adani Green Energy’s total operational renewable energy capacity has increased to 13,737.8 MW.

Suzlon

Suzlon Energy‘s order book stood at 5,622 MW as of March 28. The company saw cancellations of a 99 MW order from Vibrant Energy and a 100.8 MW order from a global utility. Additionally, a 201.6 MW order from O2 Power was reduced to 100.8 MW and reassigned to Solalite Power.

Power Grid Corp

Power Grid Corporation has approved an investment of ₹673.1 crore for the purchase of six 397 MVA converter transformers. This procurement will support the Talcher-Kolar HVDC link under the additional capital expenditure for the 2024-29 tariff block.

BHEL

Bharat Heavy Electricals Ltd. (BHEL) has received an ₹11,800 crore order from Chhattisgarh State Power Generation Company. Additionally, the company has filed a claim before the Bengaluru City Civil Judge to recover ₹542 crore under an EPC contract for a unit at Bellary Thermal Power Station from Karnataka Power Corporation.

Conclusion

Indian markets are expected to face pressure today, with global cues indicating a decline. Key stocks to watch include Vodafone Idea, which sees a significant government stake increase, and IREDA, which raised funds for renewable energy projects.

Other notable updates come from HAL, Vedanta, Brigade Enterprises, and auto companies, all reporting important developments. Investors should stay cautious and monitor these stocks closely for potential market impacts.

 

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.

SEBI Allows Trading in Bharat Global Developers with Key Conditions

The Securities and Exchange Board of India (SEBI) has permitted trading in the shares of Bharat Global Developers Ltd (BGDL) under strict conditions, requiring the company to disclose key financial data for the financial year 2024-25 before April 15.

The decision aims to protect investor interests after SEBI previously suspended trading due to financial misrepresentation and market manipulation concerns.

Trading Suspension and Investor Complaints

SEBI had imposed a trading suspension on BGDL in December 2024 following allegations of misleading disclosures, price manipulation, and offloading shares at inflated prices. The interim order had also placed multiple restrictions on the company and its officials.

Several investors later lodged complaints, stating that their investments were stuck due to the suspension, preventing them from liquidating or exiting their holdings. The company had 60,950 public shareholders as per its December 2024 BSE disclosures.

Conditions for Trading Resumption

In its confirmatory order on March 27, 2025, SEBI directed BGDL to disclose its sales, purchases, gross profit, net profit, and net worth for FY 2024-25 before April 15. Trading will resume two days after the dissemination of these financial figures.

However, SEBI noted that the company failed to submit concrete evidence of genuine business activities supporting its financial statements or high-value contract claims.

Ongoing Restrictions and Investigations

SEBI has decided to continue restrictions on 18 entities, including BGDL’s Managing Director Ashok Kumar Sewada and CEO Mohsin Shaikh, preventing them from trading or liquidating their shareholdings.

Additionally, the regulator has extended its investigation timeline by three months until June 30, 2025, to examine management changes and obtain further responses regarding the allegations.

Regulatory Oversight and Future Actions

SEBI has directed the BSE to closely monitor BGDL’s disclosures and verify supporting documents for any announcements.

The company is also required to publicly acknowledge its inability to produce evidence for past claims of contracts with TATA Agro & Consumer Products, UPL Agro, and McCain India Agro.

Furthermore, SEBI has prohibited the stock split and bonus issue approved by BGDL’s board in November 2024 and its shareholders in December 2024.

SEBI’s investigation into BGDL was triggered by a dramatic 105-fold increase in its share price from Rs 16.14 in November 2023 to Rs 1,702.95 in November 2024.

The probe revealed that BGDL manipulated its stock price through false disclosures, preferential allotments, and misleading claims about business expansion, deceiving investors and artificially inflating share value.

Conclusion 

SEBI’s conditional trading resumption for BGDL mandates FY25 financial disclosures by April 15, prioritising transparency. Restrictions on insiders and ongoing probes into past manipulation allegations persist, with corporate actions blocked.

While enabling investor exits, the order underscores unresolved misconduct risks. Regulatory scrutiny via BSE monitoring seeks to balance market access with accountability, emphasising SEBI’s investor-protection mandate amid the fallout from BGDL’s 105x price surge and false claims.

 

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.