Suzlon has received its third order from Jindal Green Wind 1, a subsidiary of Jindal Renewables, for a wind energy project with a capacity of 204.75 MW. This marks Suzlon’s largest order in the Commercial & Industrial (C&I) segment, bringing its total capacity with Jindal Renewables to 907.20 MW.

Previous Orders and Growing Order Book

Suzlon had earlier won two orders to supply wind energy for Jindal Steel’s plants in Chhattisgarh and Odisha, totalling 702.45 MW. With this latest order, Suzlon’s total order book has reached a record 5.9 GW, the highest in the company’s history. Currently, C&I customers account for 59% of Suzlon’s total orders.

Advanced Wind Turbines for Green Energy

Under this project, Suzlon will install 65 advanced S144 wind turbine generators (WTGs) with hybrid lattice towers (HLT), each with a capacity of 3.15 MW. The electricity generated will be used to power steel plants in Chhattisgarh and Odisha, supporting their shift toward cleaner energy and sustainability.

Commitment to Green Energy Expansion

Girish Tanti, vice chairman of Suzlon Group, highlighted that the company is expanding its green energy initiatives beyond Karnataka to Tamil Nadu, a leading state in wind energy adoption.

Bharat Saxena, president of Jindal Renewables, stated that this third order with Suzlon reinforces their commitment to sustainability and their goal of becoming a leading provider of decarbonization solutions.

About Suzlon 

Suzlon is a leading global provider of renewable energy solutions and a fully integrated manufacturer of wind turbine generators (WTGs). The company handles the entire process, from design and development to manufacturing key components such as rotor blades, tubular towers, generators, control systems, gears, and nacelles. 

As of March 5, 2025, at 12:19 PM IST, Suzlon Energy share price is ₹50.91, up 1.60% (₹0.80) for the day. The stock opened at ₹50.60, reached a high of ₹52.05, and a low of ₹50.52. Suzlon has a market capitalisation of ₹69,410 crore, a P/E ratio of 60.79, and no dividend yield. Its 52-week high stands at ₹86.04, while the 52-week low is ₹35.50.

Conclusion

This latest order strengthens Suzlon’s position in the renewable energy sector while supporting Jindal Renewables’ commitment to sustainability and decarbonisation.

 

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.

Mukesh Ambani-led Reliance Industries Ltd (RIL) informed the stock exchanges on March 04, 2025 that it has received a demand notice of ₹23,300 crore ($2.81 billion) from the Ministry of Petroleum and Natural Gas. The notice is related to a long-standing dispute over its KG-D6 gas field operations.

Background of the Gas Dispute

The government has raised this demand against RIL, BP Exploration (Alpha), and Niko (Neco), the contractors of the KG-D6 production sharing contract. The notice follows a recent ruling by the Division Bench of the Delhi High Court on February 14, 2025, which overturned a May 2023 decision by a single judge. The earlier ruling had dismissed the government’s appeal against an arbitration award favouring RIL.

RIL won this arbitration in July 2018, when the tribunal ruled against the government’s ₹12,800 crore ($1.55 billion) claim related to alleged gas migration from ONGC’s blocks. The company now plans to challenge the latest Delhi High Court judgment and has stated that it does not expect any financial liability.

Separate Issue: RIL’s Battery Subsidiary Faces Liquidated Damages

In a separate announcement, RIL also disclosed that its subsidiary, Reliance New Energy Battery Storage (RNEBSL), received a letter from the Ministry of Heavy Industries (MHI) regarding liquidated damages.

The MHI has imposed a penalty of 0.1% of the ₹50 crore performance security for each day of delay beyond January 1, 2025. The delay concerns the first milestone under the Production Linked Incentive (PLI) scheme for advanced chemistry cell manufacturing. As of March 3, the damages have reached ₹3.1 crore.

RNEBSL has requested an extension for meeting the milestone. RIL had received approval under this PLI scheme in 2022-23. The company aims to set up a battery gigafactory by 2026 and start producing sodium-ion batteries at a commercial scale by 2025.

RIL’s Stock Performance

Reliance Industries share price is trading at ₹1,174.85, up ₹12.95 (1.11%) today as of March 5, 10:49 AM IST. The stock opened at ₹1,161.00, reaching a high of ₹1,177.40 and a low of ₹1,157.00. Over the past 5 days, it has declined by 2.33% (-₹28.00). In the last 6 months, it has dropped by 21.35% (-₹318.68), and over the past year, it has fallen by 21.72% (-₹325.90).

Timeline of Events

• July 2018: RIL won an arbitration case against the government’s ₹12,800 crore claim related to gas migration.
• May 2023: A single-judge bench of the Delhi High Court dismissed the government’s appeal challenging the arbitration award.
• February 2025: A Division Bench of the Delhi High Court overturned the May 2023 ruling.
• March 2025: RIL and its partners received a ₹23,300 crore demand notice from the government.

Conclusion

While RIL faces legal hurdles in the KG-D6 dispute, the company remains firm in its stance. Meanwhile, its battery subsidiary is also addressing project delays under the PLI scheme.

 

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.

Oil and Natural Gas Corporation Ltd announced on Tuesday that its subsidiary has acquired PTC Energy for ₹9.25 billion ($106.02 million). This move aligns with ONGC’s strategy to strengthen its green energy portfolio.

About PTC Energy

PTC Energy Ltd operates wind power projects with a total capacity of 288 megawatts. These projects are spread in 7 locations in 3 Indian states. In the financial year 2024, the company generated revenue of ₹3.22 billion.

Why This Matters

India has set an target of achieving 500 GW of non-fossil fuel power generation by 2030. However, the country has yet to meet its earlier goal of adding 175 GW by 2022.

ONGC, through its subsidiary ONGC Green, is working towards building a renewable energy capacity of 10 GW by 2030. In February, ONGC and its joint venture NTPC Green Energy acquired Ayana Renewable Power, a company with solar and wind assets valued at $2.3 billion.

About ONGC

ONGC is a central public sector enterprise in India and the country’s largest state-owned oil and gas exploration and production company. It contributes approximately 70% of India’s crude oil production and about 84% of its natural gas output.

As of March 5, 9:41 AM IST, ONGC share price is trading at ₹227.94, up 0.52% (+₹1.18). The stock opened at ₹227.12 and reached a high of ₹229.21 and a low of ₹226.76. ONGC has a market capitalisation of ₹2.87 lakh crore, a P/E ratio of 7.20, and a dividend yield of 5.92%. The stock’s 52-week high stands at ₹345.00, while its 52-week low is ₹215.48.

Conclusion

ONGC’s acquisition of PTC Energy aligns with its renewable expansion strategy, reinforcing its commitment to India’s green energy transition.

 

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.

 

Bharat Electronics (BEL), a leading defence PSU, will be in focus today as the company is set to declare its interim dividend for FY25. On February 25, BEL announced that its board would meet on March 5 to discuss and approve the interim dividend.

Along with the dividend amount, the company is also expected to announce the record date today. This will be the first interim dividend for BEL in the financial year 2024-25.

BEL’s Dividend History

BEL has consistently rewarded shareholders with dividends and bonus issues. As per BSE data, the company declared dividends 3 times in 2024. The last dividend was ₹0.80 per share in August 2024. Earlier in March and February 2024, BEL paid ₹0.70 per share each time. In 2023, the company had distributed a total dividend of ₹1.80 per share.

Bharat Electronics Q3 FY25 Performance

BEL reported strong earnings growth in Q3 FY25. The company posted a net profit of ₹1,316.06 crore, marking a 47.33% increase from ₹893.30 crore in the same period last year. Revenue from operations rose 37% year-on-year to ₹5,643 crore, compared to ₹4,120.10 crore in Q3 FY24.

In terms of operating profit, BEL’s EBITDA surged 57.5% to ₹1,653 crore from ₹1,072 crore year-on-year. The EBITDA margin expanded by 330 basis points to 28.7% YoY. At the end of December 2024, the company’s total order book stood at ₹71,100 crore.

About BEL 

Bharat Electronics Limited (BEL) is an Indian public sector company specialising in aerospace and defence electronics. Headquartered in Bangalore, it develops advanced electronic systems for ground and aerospace applications. BEL operates under the Ministry of Defence and is one of sixteen PSUs managed by the government.

As of March 5, 9:22 AM IST, Bharat Electronics share price is trading at ₹263.98, down ₹0.73 or 0.28% for the day. The stock opened at ₹265.00, reaching a high of ₹267.50 and a low of ₹264.00. Over the past 5 days, BEL has gained 2.76%, while it has declined 9.21% in the last 6 months. Over the past year, the stock has risen by 25.19%, and in the last 5 years, it has delivered an impressive return of 1,007.13%.

Conclusion

With strong financial performance and a history of rewarding shareholders, BEL remains a key player in the defence sector. Investors will closely watch today’s dividend announcement, which could influence the stock’s future movement.

 

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.

Metals are essential to modern infrastructure, and India plays a significant role in this sector. The country is the second-largest aluminium producer and the fourth-largest iron ore producer. With the government’s push for infrastructure development in roads, railways, and airports, steel demand is expected to grow by around 10%.

India aims to achieve a crude steel capacity of 300 million tonnes per year and meet a production demand of 255 million tonnes annually by 2030-31. As the country moves toward self-sufficiency in speciality steel production, it seeks to strengthen its global position alongside major steel producers like Korea and Japan.

The increasing demand for steel in both residential and commercial construction further supports the strong outlook for the iron and steel industry. This article explores the top metal sector stocks in India for March 2025, ranked by their 5-year CAGR.

Best Metal Sector Stocks In India In March 2025 – 5-Yr CAGR Basis

Note: The best metal stocks list provided here is as of February 28, 2025. The stocks are selected from the Nifty 500 universe and sorted by 5-year CAGR.

Overview of Top Metal Stocks in India in March 2025

1. National Aluminium Company Limited

National Aluminium Company Limited (NALCO) is a government-owned enterprise engaged in mining, metal production, and power generation in India. The Government of India holds a 51.28% stake in the company, which operates under the supervision of the Ministry of Mines.

In Q3 FY24, National Aluminium Company Limited (NALCO) reported a revenue of ₹4,662.22 crore, up from ₹4,001.48 crore in Q2 FY24. The net profit for the quarter stood at ₹1,582.90 crore, compared to ₹1,062.18 crore in the previous quarter.

Key metrics: 

• Earning per share (EPS): ₹23.21
• Return on equity (ROE): 26.88%

2. Hindalco Industries Ltd

Hindalco Industries Ltd., founded in 1958, is a core company of the Aditya Birla Group. Along with its subsidiaries, it specializes in aluminium and copper production. The company also manufactures aluminium sheets, extrusions, and light gauge products, which are widely used in packaging industries for beverages, food, cans, and foil products.

In Q3 FY24, Hindalco Industries reported a revenue of ₹23,776 crore, up from ₹22,262 crore in Q2 FY24. Its net profit stood at ₹1,463 crore, compared to ₹1,891 crore in the previous quarter. 

Key metrics: 

• EPS: ₹27.75
• ROE: 9.16%

3. Vedanta Ltd

Vedanta Ltd is a diversified natural resources company engaged in the exploration, extraction, and processing of minerals and oil & gas. It produces and sells zinc, lead, silver, copper, aluminium, iron ore, and oil & gas. The company has a global presence, operating across India, South Africa, Namibia, Ireland, Liberia, and the UAE.

In December 2024, Vedanta Ltd reported a revenue of ₹19,194 crore, up from ₹18,288 crore in September 2024. Net profit for December 2024 was ₹1,783 crore, compared to ₹10,553 crore in September 2024, while the total net profit for FY23-24 was ₹6,623 crore.

Key metrics: 

• EPS: ₹42.52
• ROE: 22.07%

4. NLC India

NLC India, a Navratna public sector enterprise under the Ministry of Coal, Government of India, specialises in lignite mining and power generation using lignite and renewable energy sources.

In Q3 FY24, NLC India reported a revenue of ₹2,774.68 crore, up from ₹2,139.22 crore in Q2 FY24. Its net profit rose to ₹408.40 crore from ₹339.39 crore.

Key metrics: 

• EPS: ₹10.22
• ROE: 8.54%

Best Metal Sector Stocks In India In March 2025 – Market Cap Basis

Note: The best metal stocks list provided here is as of February 28, 2025. The stocks are selected from the Nifty 500 universe and sorted by market cap.

Best Metal Sector Stocks In India In March 2025 – Net Profit Margin  Basis

Note: The best metal stocks list provided here is as of February 28, 2025. The stocks are selected from the Nifty 500 universe and sorted by net profit margin.

What Are Metal Stocks?

Metal stocks refer to companies engaged in mining and metal production in India. These firms operate across various segments, including iron ore, steel, zinc, copper, nickel, aluminium, and manganese. The steel industry, in particular, has a strong presence among publicly listed metal sector companies.

Overview of India’s Metals and Mining Industry

Due to cost-efficient manufacturing and processing techniques, India has a competitive edge in steel and alumina production. Its strategic location also facilitates exports to established and rapidly growing Asian markets. As of FY22, India had approximately 1,319 operational mines, 545 of which were focused on metallic minerals and 774 on non-metallic minerals.

Minerals are key raw materials for major industries, making mining crucial to India’s industrial growth. The country possesses abundant reserves of both metallic and non-metallic minerals, ensuring self-sufficiency in resources like bauxite, chromite, iron ore, lignite, and coal. The mining sector significantly contributes to GDP, foreign exchange earnings, and supplies essential materials to industries such as construction, infrastructure, automotive, and energy, keeping production costs competitive.

Key Features of Metal Stocks in India

1. Cyclical Nature – Metal stocks are closely tied to global economic conditions, which influence commodity demand and pricing, making them highly cyclical.
2. Global Market Dependency – International factors such as trade policies, tariffs, and economic trends in major economies impact metal stock performance.
3. Volatility – Prices of metal stocks fluctuate based on global supply and demand dynamics, leading to high volatility.
4. Capital-Intensive Industry – The sector requires substantial investment in mining equipment, infrastructure, and technology, often resulting in significant financial and debt obligations for companies.

Advantages of Investing in Metal Sector Stocks

1. Portfolio Diversification – Investing in metal stocks spreads risk across different sectors, helping manage market fluctuations.
2. Growing Global Demand – The rising demand for metals in infrastructure and technology sectors worldwide presents growth opportunities for metal companies.
3. Economic Recovery Potential – Metal stocks tend to rebound quickly during economic upturns, offering profit opportunities in cyclical recoveries.
4. Dividend Income – Many established metal companies provide attractive dividend payouts, ensuring a stable income stream for investors.
5. Government Support – Policies promoting infrastructure growth drive metal demand, positively impacting companies in the sector.

Factors to Consider Before Investing in Metal Stocks

1. Financial Health—Before investing, Evaluate a company’s balance sheet, cash flow, debt levels, promoter pledges, and free cash reserves.
2. Policy Impact – Government policies, including customs duties, export taxes, anti-dumping measures, and production incentives, influence metal prices and stock performance.
3. Raw Material Availability – The cost and accessibility of essential raw materials significantly affect a company’s profitability and stock valuation.
4. Global Price Movements – Metal prices in India are linked to international markets, particularly the London Metal Exchange, making overseas trends a crucial factor.

Conclusion

Investing in metal stocks requires an understanding of a company’s business model, financial performance, and future growth potential. While these stocks offer promising opportunities, conducting thorough research or consulting a financial advisor before making investment decisions is advisable.

 

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.

Sanofi India share price surged up to 6% on Friday after the company announced strong Q4 results and a final dividend of ₹117 per share. However, market corrections later led to some profit booking.

Sanofi India Share Price Movement

Sanofi India’s stock opened at ₹5001.40 on the BSE, slightly higher than the previous close of ₹4996.75. The stock climbed to an intraday high of ₹5317.75, marking a gain of over 6% in morning trade. However, as the broader market declined, with Sensex falling nearly 1000 points, the stock gave up most of its gains.

Sanofi India Q4 Results

For the October–December 2024 quarter (Q4), Sanofi India reported a 31% increase in profit from continuing operations at ₹91.3 crore, compared to ₹69.7 crore in the same period last year. The company follows a January–December financial year, making this its final quarter.

• Revenue from operations stood at ₹515 crore, up 10% from ₹469 crore in Q4 2023.
• Operating profit grew 21%, reaching ₹108 crore, compared to ₹90 crore in Q4 2023.

Key Growth Drivers

Sanofi India’s Diabetes care segment showed strong performance, with double-digit growth for Toujeo and a successful launch of Soliqua.
The company also highlighted its new partnerships in Central Nervous System (CNS) and Cardiovascular (CV) segments, which have helped expand its market reach.

Sanofi India Dividend Announcement

Sanofi India has declared a final dividend of ₹117 per share (face value ₹10 each) for the financial year ending December 31, 2024. The dividend is subject to shareholder approval.

Sanofi India’s strong financial performance and attractive dividend payout have reinforced investor confidence despite overall market volatility.

Conclusion

Sanofi India’s solid earnings and high dividend reinforced investor confidence, though broader market weakness led to partial profit booking.

 

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.

 

The Indian stock market witnessed a sharp decline on Friday, with the Sensex falling nearly 1,000 points and the Nifty 50 slipping over 1.2% in early trading. The Bank Nifty index also declined by around 1%. Broader markets faced even heavier losses as the BSE Small-cap and Mid-cap indices dropped by nearly 2%. The market downturn affected all sectors, with IT, auto, telecom, and tech stocks suffering the most.

Why is the Indian Stock Market Falling?

The five key reasons behind today’s decline are concerns about weak bank earnings, adjustments in the MSCI index, domestic institutional investors (DIIs) holding positions at higher levels, rising US bond yields, and foreign investors (FIIs) shifting funds from India to China.

1. Concerns Over Weak Bank Earnings

Since banking stocks make up 30% of the Nifty 50 index, any negative sentiment around them significantly impacts the market. After disappointing Q3 earnings, investors are worried that Q4 results may also fall short of expectations.

2. DIIs Holding Back on Investments

While FIIs continue selling Indian stocks, DIIs are not stepping in aggressively to counter the selling pressure. This is because many DIIs have already invested at higher levels and are waiting for a clearer market trend before making further moves.

3. MSCI Index Changes

The upcoming MSCI index reshuffle is another reason for market volatility. These adjustments impact trading volumes, and capital flows into specific stocks. As a result, both DIIs and FIIs are rebalancing their portfolios, leading to market uncertainty.

4. Rising US Bond Yields

Higher returns in the US bond market are prompting FIIs to withdraw from Indian equities and invest in US bonds instead. This trend has intensified after Donald Trump’s return as the US President, leading to increased capital outflows from India.

5. FIIs Moving Investments to China

Another major factor is the shift in FII investment from India to China. With China implementing economic stimulus measures, rate cuts, and liquidity injections, investor confidence in the Chinese market has improved. This has resulted in a ‘sell India, buy China’ trend among foreign investors, adding to selling pressure in Indian stocks.

Conclusion

The combination of weak earnings expectations, global market trends, and shifting investment flows has led to a significant sell-off in Indian stocks. Until these factors stabilise, market volatility is likely to continue.

 

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.