Ambuja Cements Takes Control of Orient Cement with 46.66% Stake

Ambuja Cements, part of the Adani Group, has completed the purchase of 37.79% stake in Orient Cement Ltd (OCL) from its promoter, the CK Birla Group. With this acquisition, Ambuja Cements has officially become the promoter of Orient Cement.

Overall Stake Rises to 46.66%

In addition to buying shares from the promoter group, Ambuja also acquired 1.82 crore shares (about 8.87%) from public shareholders. As a result, Ambuja now holds a total of 46.66% stake in OCL.

According to a regulatory filing by Orient Cement, Ambuja Cements has purchased 7,76,49,413 equity shares from the promoter group, giving it majority control.

Read More, Indian Railways Finance Corporation (IRFC) Reschedules Q4 FY25 Earnings Announcement to April 28.

Ambuja Now Has Full Control of OCL

Following these transactions, Ambuja Cements has gained sole control of Orient Cement and is now officially listed as the promoter of the company.

This acquisition is part of Ambuja’s broader planning to expand its footprint in the cement industry. The deal, first announced in October last year, valued Orient Cement at ₹8,100 crore.

About Ambuja Cements Limited

Ambuja Cements Limited, earlier known as Gujarat Ambuja Cement Ltd, is a leading cement manufacturer in India. The company supplies both cement and clinker to domestic and international markets.

As of April 23, 2025, Ambuja Cements share price is trading at ₹572.05, with a market capitalisation of ₹1.41 lakh crore, a P/E ratio of 32.14, and a dividend yield of 0.35%. The stock has touched a 52-week high of ₹706.95 and a 52-week low of ₹453.05.

Conclusion

With this strategic acquisition, Ambuja Cements has significantly strengthened its position in the Indian cement sector. Gaining promoter status in Orient Cement aligns with the Adani Group’s vision to scale up its presence in core infrastructure sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.            

            

Investments in securities market are subject to market risks, read all the related documents carefully before investing.          

Delta Corp Q4 FY25 Profit Soars 127% YoY to ₹165 Crore on Exceptional Gains, Declares ₹1.25 Dividend

Delta Corp’s consolidated net profit for Q4 FY25 rose sharply by 127.26% year-on-year to ₹164.56 crore, up from ₹72.41 crore in Q4 FY24. However, revenue from operations fell slightly by 1.20% to ₹182.65 crore from ₹184.87 crore last year.

Profit Before Tax and Cost Control Boost Margins

The company’s profit before tax (PBT) jumped 142.80% to ₹252.86 crore compared to ₹104.13 crore in the same period last year. Delta also managed to cut its total expenses by 0.73% YoY to ₹154.06 crore. Notably, the cost of materials dropped 35.42% to ₹15.35 crore, and license & registration fees fell slightly by 1.04% to ₹30.39 crore.

Read More, Indian Railways Finance Corporation (IRFC) Reschedules Q4 FY25 Earnings Announcement to April 28.

Mixed Segment Performance

  • Casino gaming revenue declined by 3.20% YoY to ₹166.39 crore.

  • On the other hand, hospitality revenue saw a healthy growth of 22.94% YoY to ₹16.72 crore.

Standalone Numbers Show a Decline

On a standalone basis, the performance was weaker. The net profit dropped 31.52% YoY to ₹59.35 crore, down from ₹86.68 crore in Q4 FY24. Standalone revenue also declined by 4.86% YoY to ₹146.54 crore.

Full-Year Highlights

For the full financial year ended March 31, 2025:

  • Net profit rose by 1.94% to ₹248.99 crore.

  • However, revenue from operations dropped 13.98% to ₹729.63 crore compared to FY23.

Exceptional Gains from Subsidiary Sale

The company reported exceptional gains of ₹213.22 crore, which included:

  • ₹130.49 crore from selling 51% stake in Deltatech Gaming Ltd (DGL).

  • ₹81.65 crore gain from revaluing the remaining 49% stake in DGL.

  • ₹1.08 crore gain from the closure of Delta Offshore Developers.

Last year, exceptional items stood at ₹49.78 crore, including a profit from selling shares in Caravella Entertainment and a write-off of IPO expenses.

Dividend Announcement

Delta Corp’s board has recommended a final dividend of 125%, or ₹1.25 per equity share. The dividend will be paid within 30 days after shareholder approval at the upcoming AGM.

About Delta Corp

Delta Corp is India’s only listed casino gaming company, operating in live, electronic, and online gaming. It also has interests in hospitality and real estate.

As of 11:42 AM on April 23, Delta Corp share price is trading at ₹92.25, down 1.05% for the day. The stock opened at ₹93.50 and touched a high of ₹95.18 and a low of ₹91.42 during the session. The company’s market capitalisation stands at ₹2,470 crore, with a price-to-earnings (P/E) ratio of 15.77 and a dividend yield of 1.36%. Over the past 52 weeks, the stock has hit a high of ₹154.90 and a low of ₹76.66.

Conclusion

Despite a marginal decline in revenue and casino gaming performance, Delta Corp delivered strong profitability in Q4 FY25, thanks to exceptional gains from its strategic stake sale in Deltatech Gaming. While standalone results were weaker, the company’s full-year earnings remained steady. With a robust dividend payout and its unique position in India’s casino gaming sector, Delta Corp continues to bet on diversified growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.           

           

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

ITR Filing: 6 Ways the New Tax Regime Can Help You Save More in FY2024- 25

As the new financial year begins, taxpayers are preparing to file their ITRs (income tax returns) for FY2024- 25 (AY2025- 26). Many people are also comparing the old and new tax regimes to choose the best option for saving taxes.

While the old tax regime still offers more deductions and exemptions, the new tax regime has lower tax rates and is suitable for those who haven’t made many tax-saving investments. Let’s take a look at 6 ways the new regime can help you save money on your income tax.

Higher Standard Deduction

In the new tax regime, the standard deduction has been increased to ₹75,000, compared to ₹50,000 in the old regime. This means more of your salary is tax-free.

Read More, ITR Filing 2025: A Step-by-Step Guide to Using the ‘e-Pay Tax’ Feature.

NPS Contribution Exemption – Section 80CCD(2)

If your employer contributes to your NPS (National Pension System), you can claim extra tax benefits:

  • Government employees: Up to 14% of basic salary plus DA is tax-exempt

  • Private sector employees: Up to 10% is tax-exempt
     Note: This benefit is only for salaried individuals.

Agniveer Corpus Fund – Section 80CCH(2)

Under the Agnipath scheme, contributions made by both the Agniveer and the government are fully tax-free. The final amount received under this scheme is also exempt from tax.

Family Pension Exemption – Section 57(iia)

If someone receives a family pension after a government or private employee’s death, a part of it is exempt:

  • 1/3rd of the pension or ₹25,000, whichever is lower, is tax-free.

Transport & Conveyance Allowance

  • Transport Allowance: Disabled employees can claim up to ₹3,200 per month as a tax exemption if they commute to work.

  • Conveyance Allowance: Actual expenses incurred while doing office work can be claimed as a deduction.

New Exemptions under Section 10

Some new tax-free benefits have been included under Section 10 in the new regime:

  • Voluntary Retirement Scheme (VRS): Up to ₹5 lakh is tax-free.

  • Gratuity: Fully tax-free for government employees; for others, it’s partially exempt depending on conditions.

  • Leave Encashment: Up to ₹25 lakh is exempt at the time of retirement or resignation.

Conclusion

If you don’t invest in many tax-saving instruments, the new tax regime may suit you better. It offers a simpler and lower tax structure, along with some basic exemptions and a higher standard deduction—ideal for salaried individuals with fewer deductions. Always compare both regimes before filing your ITR to choose the one that gives you the best 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 securities market are subject to market risks, read all the related documents carefully before investing.        

 

Tata Communications Q4 FY25 Net Profit Soars 115% to ₹761 Crore; Declares ₹25 Dividend

Tata Communications reported a 115% increase in its net profit for the January–March quarter of FY25, reaching ₹761.17 crore, compared to ₹354.57 crore in the same quarter last year. This growth was supported by a strong demand for its data services and a one-time gain from selling a land parcel in Chennai.

Revenue Sees Modest Rise

The company’s revenue from operations went up by 6% to ₹5,990.35 crore in Q4FY25, from ₹5,645.07 crore in the year-ago period.

Read More, Mahindra Finance Shares in Focus: PAT Slipped 32% YoY, Proposed Final Dividend of ₹6.50.

Gains from Asset Sales Boost Profits

Tata Communications earned ₹577 crore from selling the Chennai land and ₹311 crore from the sale of its entire stake in Tata Communications Payment Solutions, which significantly contributed to the quarterly profit jump.

Capex Plans for FY26

The company plans to raise its capital expenditure to over $300 million in FY26, up from $265–270 million in FY25. The focus will be on maintaining infrastructure, customer success, and strategic investments such as undersea cables and cloud platforms.

The CFO, Kabir Ahmed Shaikh, said that despite a dip in margins from the previous quarter, the company targets a margin expansion to 23–25% in 2 years, from the current 19.8%.

Possible Stake Dilution in Loss-Making Arm

Tata Communications is considering reducing its stake in a foreign subsidiary that operates in the data services segment, which reported a ₹105 crore loss on ₹33 crore revenue in FY25.

Revenue Doubling Timeline Likely to be Delayed

The company had earlier set a goal to double its revenue to ₹28,000 crore by FY27. However, with FY25 revenue closing at ₹23,238 crore, it now plans to revise this target, with more details to be shared on Investor Day.

Debt and Expenses Update

As of March 31, Tata Communications had a total debt of ₹9,377 crore. The company plans to bring down its net debt-to-EBITDA ratio below 2x by September 2024. Meanwhile, total expenses rose by 6% due to a 16.4% increase in network and transmission-related costs.

Focus on Core Business

The company is restructuring its operations and selling non-core assets to focus on key areas like cloud, networking, cybersecurity, media, and entertainment.

Dividend Declaration

The board has recommended a final dividend of ₹25 per share (250%) for FY25. If shareholders approve it at the upcoming AGM, the dividend will be paid afterward. Tata Communications has issued 22 dividends since 2003, including ₹16.70 per share in the past year.

Stock Performance

As of 10:17 AM IST on April 23, Tata Communications share price is trading at ₹1,599, up 0.019%. The stock opened at ₹1,650 and touched an intraday high of ₹1,655.30 and a low of ₹1,595. It has a market capitalisation of ₹45,570 crore, a price-to-earnings (P/E) ratio of 40.80, and a dividend yield of 1.04%. Over the past 52 weeks, the stock has reached a high of ₹2,175 and a low of ₹1,291.

Conclusion

Tata Communications has delivered a strong Q4 with a sharp rise in profitability, backed by both operational growth and strategic asset sales. While the company is revisiting its ambitious revenue targets, it remains focused on core business expansion and strengthening margins. The dividend payout further signals its commitment to shareholder returns.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.         

         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.       

Dividend Stocks in Focus Today: Schaeffler India and CIE Automotive to Trade Ex-Dividend on April 23

Schaeffler India Ltd and CIE Automotive India Ltd will be trading ex-dividend today, April 23, 2025. This means today is the record date for identifying shareholders eligible to receive the dividend payout. Investors who wanted to receive the dividend needed to purchase shares on or before April 22, following the T+1 settlement system.

Understanding the Record Date

The record date is used to identify shareholders who qualify for the dividend. Only those who owned the shares before this date will be eligible to receive the payout after AGM approval.

Read More, Mahindra Finance Shares in Focus: PAT Slipped 32% YoY, Proposed Final Dividend of ₹6.50.

Dividend Announcement by Schaeffler India

Schaeffler India has recommended a dividend of ₹28 per equity share of face value ₹2 each for the financial year ending December 31, 2024. The company confirmed that the dividend, if approved at the AGM (Annual General Meeting) scheduled for April 30, 2025, will be paid within 30 days from the date of the AGM. The company had announced the record date for this dividend as April 23, 2025.

Dividend Declaration by CIE Automotive India

CIE Automotive India has proposed a final dividend of ₹7 per equity share of face value ₹10 for the year ended December 31, 2024. The board recommended this dividend on February 20, 2025. Shareholders whose names appear in the records as of April 23, 2025, will be eligible for the payout, which will be made within 30 days after the AGM on April 30, 2025.

Conclusion

Shareholders of Schaeffler India and CIE Automotive who bought shares before April 23 will qualify for the upcoming dividend payouts. Both companies have confirmed that the dividends will be disbursed within a month following shareholder approval at their respective AGMs.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.         

         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.       

Stocks to Watch Today on April 23, 2025: HCLTech, Ambuja, Airtel and More in Focus

Indian stock markets are likely to continue their upward trend for the seventh day in a row on Wednesday, supported by positive global signals and renewed interest from foreign investors. GIFT Nifty hints at a strong opening for domestic markets.

However, by 7:00 AM, the early Nifty indicator had dropped 221 points (0.91%) to 24,390.

Asian markets are bouncing back, taking cues from Wall Street gains. Investors are feeling optimistic after US President Donald Trump expressed hope about easing trade tensions with China. Japan’s Nikkei gained 1.58%, and South Korea’s Kospi rose 1.12%.

On Tuesday in the US:

  • S&P 500 rose 2.51% 
  • Nasdaq Composite dropped 2.71% 
  • Dow Jones fell 2.66% 

Indian Market Snapshot – April 22

  • Sensex closed 187 points higher at 79,595 (+0.24%) 
  • Nifty50 gained 41 points to close at 24,167 (+0.17%) 
  • FIIs were net buyers, investing ₹1,290.43 crore 
  • DIIs were net sellers, offloading ₹885.63 crore 

Here are stocks to watch today: 

HCLTech

HCL Tech reported a net profit of ₹4,307 crore for the fourth quarter, marking a 7.81% year-on-year rise. Revenue from operations came in at ₹30,246 crore, a growth of 6.1% YoY, slightly missing analysts’ expectations.

Read More, Mahindra Finance Shares in Focus: PAT Slipped 32% YoY, Proposed Final Dividend of ₹6.50.

Hathway Cable & Datacom

Hathway posted a marginal rise in consolidated net profit to ₹34.8 crore in Q4. Revenue from operations also grew, reaching ₹513.15 crore compared to ₹493.37 crore in the same quarter last year.

AU Small Finance Bank

AU Small Finance Bank reported a strong 18% year-on-year increase in net profit at ₹504 crore for the January–March quarter of FY25. The performance was driven by robust growth in net interest income and other revenues.

Tata Communications

Tata Communications reported a 15% increase in net profit to ₹336 crore in Q4. The improvement was fueled by strong demand in its data services segment.

Ambuja Cements

Ambuja Cements, part of the Adani Group, has acquired a 37.8% promoter stake in Orient Cement Ltd (OCL) from the CK Birla Group. In addition, it purchased 1.82 crore shares, or 8.87%, from public shareholders, raising its total stake in OCL to 46.66%.

Gensol Engineering & Power Finance Corp (PFC)

Power Finance Corporation (PFC) has filed a complaint with the Economic Offences Wing (EOW) against Gensol Engineering Ltd, alleging the submission of falsified documents. PFC is currently investigating the matter under its anti-fraud policy.

Bharti Airtel

Bharti Airtel and its subsidiary Bharti Hexacom have signed agreements with Adani Data Networks to utilise 400 MHz of spectrum in the 26 GHz band, a move expected to support their 5G network capabilities.

Conclusion

While early indicators like the GIFT Nifty show a dip, strong global cues and ongoing FII inflows could keep the bullish momentum alive. Key corporate developments, including earnings from HCLTech and AU Small Finance Bank, strategic moves by Ambuja Cements and Airtel, and regulatory issues surrounding Gensol, are likely to drive stock-specific action today. Investors should stay cautious amid volatility but look for opportunities in fundamentally strong counters.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.         

         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.     

Closing Bell: Markets Extend Winning Streak for 6th Day; Sensex Ends 187 Pts Higher, Nifty Marks 29th Anniversary

On Tuesday, April 22, 2025, Indian stock markets extended their rally for the sixth straight trading session, led by gains in FMCG and private banking shares.

The BSE Sensex opened strong with a 320-point jump at 79,728. However, due to weak cues from the US market, it briefly turned negative, hitting a low of 79,253. It later recovered and stayed in the green for the rest of the day, touching a high of 79,824 before closing 187 points higher at 79,596.

In 6 sessions, the Sensex has gained a total of 5,749 points, or 7.8%.

The NSE Nifty 50 also dipped to a low of 24,072 but rebounded to a high of 24,243. It ended the day up 42 points at 24,167 — a 0.2% gain. The Nifty has now climbed 1,768 points, or 7.9%, in the last six days. Notably, Tuesday marked the 29th anniversary of the Nifty 50 index.

Top Gainers and Losers

Among the top performers on the Sensex were FMCG giants ITC and Hindustan Unilever, both gaining over 2%. Other notable gainers included Mahindra & Mahindra, HDFC Bank, Eternal (Zomato), and Kotak Mahindra Bank.

On the losing side, IndusInd Bank dropped 5% following reports that the bank hired EY for a new forensic audit into a ₹600 crore issue in its microfinance accounts. Other notable losers included Power Grid, Bharti Airtel, Infosys, Bajaj Finserv, Adani Ports, and NTPC, which fell by 1–2%.

Read More, Top Gainers and Losers on April 22, 2025: ITC Gains While IndusInd Bank Drops.

Broader Markets Outperform

Mid-cap and small-cap stocks outshone large caps. Both the BSE MidCap and SmallCap indices gained up to 0.8%. Market sentiment was broadly positive, with nearly 2,500 advancing stocks compared to about 1,500 declining on the BSE.

Sector Highlights

  • Top Gainers: BSE Realty rose 2.4%, FMCG climbed 1.9%, and Consumer Durables gained 1.4%.

  • Top Losers: The IT and Power sectors saw losses for the day.

Oil Prices 

As of April 22, 2025, at 03:16 PM, Brent Crude was trading at $67.14, up by 1.37%

Conclusion

With the Sensex and Nifty maintaining upward momentum for the sixth straight session, supported by strong sectoral gains, market sentiment remains optimistic. However, concerns over select financial stocks and global cues could influence near-term volatility.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.         

         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.       

Small Loans, Big Trouble: Why Are Young Indians Defaulting?

India’s young generation is independent, ambitious, and tech-savvy. But with this confidence comes a growing problem — many are defaulting on small personal loans, especially those under ₹50,000. Recent data from CRIF and the Digital Lenders Association of India (DLAI) shows that around 26% of these loans haven’t been repaid for more than 90 days, making them non-performing assets (NPAs).

Alarming Defaults on Tiny Loans

The most concerning trend is seen in loans under ₹10,000, where the default rate is the highest. These loans were mostly disbursed between December 2023 and June 2024. In 2019, the NPA rate for small loans was 13.9%. By July 2023, this figure had doubled to 26.2%. Even for loans up to ₹1 lakh, the NPA rate rose from 12.4% to 14.4%.

Read More: RBI Governor Flags Liquidity Risks in India’s Money Market.

Who Is Giving These Loans?

Most of these loans are issued by NBFCs (non-banking financial companies) through digital apps. They mainly focus on smaller towns and rural areas — places that traditional banks often don’t reach. These loans are easy to get and require little paperwork, making them attractive to young people. However, they’re now turning into a serious financial burden for many.

Rising Stress in Microfinance

According to an RBI report, from March to September 2024, stressed microfinance loans (overdue between 31 and 180 days) increased from 2.15% to 4.3%. Borrowers with multiple loans or higher outstanding amounts showed more signs of financial stress.

Why Are Young People Defaulting?

  • Lifestyle Spending: Young consumers are spending more on lifestyle and aspirational products, often influenced by social media and e-commerce.
  • Easy Credit Access: Fintech apps and Buy Now Pay Later (BNPL) services offer quick loans with little background check.
  • Irregular Income: Many Gen Z workers are freelancers or part of the gig economy, meaning their income isn’t stable.
  • Lack of Financial Knowledge: Many don’t fully understand how loans work — including interest rates, penalties, and the impact on credit scores.
  • Lender Gaps: Financial institutions are sometimes too eager to offer credit without proper risk checks.

What Needs to Be Done?

  • Financial Education: Start teaching students about money management and credit from an early age.
  • Responsible Lending: Lenders must ensure loans are given based on real repayment ability, not just digital presence.
  • Greater Transparency: Clear terms and penalties, especially in BNPL services, are crucial.
  • Savings and Emergency Funds: Encourage young people to save and build financial backups.
  • Innovation with Responsibility: All stakeholders must work together to ensure the financial health of India’s youth.

Conclusion

As small loans become easier to access, it’s vital to equip young Indians with the right tools and knowledge to manage them wisely. With responsible lending and stronger financial literacy, we can help build a financially secure and empowered generation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.        

        

Investments in securities market are subject to market risks, read all the related documents carefully before investing.      

IGL Share Price Rises Over 3% Ahead of Q4 FY25 Results and Final Dividend Decision

Indraprastha Gas Limited (IGL) share price rose over 3% on April 22 after the company announced that its board will meet on April 27, 2025, to approve the audited financial results for Q4 and FY25, and to consider a final dividend for the financial year 2024-25.

In a stock exchange filing, IGL stated, “The meeting of the Board of Directors is scheduled to be held on April 27, 2025, inter-alia to consider and approve standalone and consolidated Audited Financial Results for the quarter/year ended March 31, 2025, and also to consider recommendation of final dividend.”

Strong Dividend History

IGL is known for regularly rewarding its shareholders. Over the last 12 months, the company had a dividend yield of 5.62%, as per reports. Since September 2004, IGL has declared 25 dividends.

In the last year alone, IGL has distributed ₹10.50 per share as equity dividend. The most recent payout was ₹5.50 per share, with the record date set for November 12, 2024.

Read More, BSE Board to Meet on May 6 to Consider FY25 Results, Dividend; Bonus Issue Record Date Awaited.

About Indraprastha Gas Limited (IGL)

Indraprastha Gas Limited (IGL) is an Indian company that distributes natural gas for use as cooking and vehicle fuel, mainly serving the Delhi NCR region. Founded in 1998, it operates as a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.

Share Price Movement

On April 22, IGL share price climbed up to ₹189.75 on the BSE, marking a 3.75% intraday gain.

However, the stock still trades about 33% below its 52-week high of ₹285.30, though it has recovered 24% from its 52-week low of ₹153.25.

In the long-term view:

  • IGL stock is down 14% in the past year. 
  • It has fallen 22% over the last 2 years. 
  • On a 10-year basis, the stock has gained 323%, showing strong historical returns.

Conclusion

IGL’s strong dividend track record and upcoming board meeting have renewed investor interest, pushing the stock higher. While near-term performance has lagged, the company’s long-term growth and consistent shareholder rewards make it a stock to watch, especially with the Q4 results and final dividend announcement just around the corner.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.       

       

Investments in securities market are subject to market risks, read all the related documents carefully before investing.     

Marico Commits to 93% Renewable Energy by 2030, Signs Green Energy Deal for Jalgaon Unit

On Earth Day 2025, FMCG giant Marico Limited highlighted its strong commitment to environmental sustainability. As part of its ongoing clean energy journey, Marico’s Jalgaon manufacturing unit signed a Green Energy Agreement with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in January 2025. Through this agreement, the Jalgaon plant will now source 100% of its electricity from green energy under the MERC-certified system.

Journey Towards Clean Energy Since 2017

Marico started using renewable energy in 2017, mainly from wind power. It successfully completed its first sustainability roadmap (2017–2022) ahead of time. Now, the company has set bigger goals for the future. By 2030, Marico wants 93% of the electricity used in its operations to come from renewable sources—triple the amount it used in 2017.

Long-Term Vision: Net-Zero Emissions

Marico has set ambitious environmental targets. It aims to achieve net-zero emissions in all its Indian factories by 2030 and globally by 2040. As of now, Marico already meets 67.4% of its energy needs using clean energy. To meet its 2030 targets, the company plans to cut its direct greenhouse gas (GHG) emissions by 93% and balance the remaining 7% through carbon offsetting and tree planting (sequestration).

Leadership Statement on Earth Day

Amit Bhasin, Marico’s Chief Legal Officer and CSR Committee Secretary, said the company is deeply committed to protecting the planet. “We’ve moved away from coal and are using agro-fuel boilers. The Jalgaon unit’s green energy switch is another step forward,” he shared. He emphasised that environmental care is part of Marico’s core business values and that the company reports its progress openly.

About Marico Limited

Marico is one of India’s top FMCG companies with a strong presence in the beauty and wellness space. In FY 2023-24, it recorded a revenue of USD 1.2 billion. Its brands—like Parachute, Saffola, Livon, Beardo, Set Wet, and True Elements—reach 1 in every 3 Indians. International operations contribute around 26% of the company’s revenue, with a wide portfolio across Asia and Africa.

As of April 22 at 1:51 PM IST, Marico share price stood at ₹706.90, up ₹11.75 or 1.69% for the day. The stock opened at ₹698.90 and touched an intraday high of ₹716.40 and a low of ₹694.10. Marico currently has a market capitalisation of ₹91,470 crore, a P/E ratio of 57.13, and a dividend yield of 0.50%. The stock’s 52-week high is ₹736.90, while its 52-week low is ₹503.15.

Conclusion

Marico’s renewed sustainability goals reflect its long-term dedication to building a cleaner, greener future. By steadily increasing clean energy adoption and aiming for net-zero emissions, Marico is setting a strong example for responsible business practices in the FMCG 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 securities market are subject to market risks, read all the related documents carefully before investing.