Dixon Technologies (India) shares surged 6% on Tuesday, reaching a 3-month high of ₹16,795.80 in intraday trade on the BSE. The stock was last seen trading 5% higher at ₹16,586.65 around 11:12 AM, outperforming the BSE Sensex, which was up just 0.44%. The stock has recovered 36% from its April 7 low of ₹12,326.60 and is at its highest since January 21, 2025. Its 52-week high was ₹19,149.80 on December 17, 2024.

India’s Smartphone Market Sees Decline in Q4FY25

India’s smartphone shipments dropped 8% year-on-year to 32.4 million units in the January-March 2025 quarter. Big players like Xiaomi and Samsung saw sharp declines in shipments—down 38% and 23%, respectively. Samsung’s market share shrank to 16% from 19%. On the flip side, Vivo maintained the top spot, shipping 7 million units and holding a 22% market share.

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

PLI Scheme Boosts Electronics Manufacturing

The Indian government recently rolled out a new Electronics Component Manufacturing Scheme under the PLI initiative. Incentives include a 10% benefit for multi-layer PCBs in the first year and capital subsidies up to 25% for eligible products, aiming to boost domestic manufacturing of components like display and camera modules.

FPI Stake Falls, Mutual Funds Increase Holding

As per the March 2025 shareholding data, foreign portfolio investors (FPIs) reduced their stake in Dixon from 23.22% to 21.81%. However, domestic mutual funds and insurance companies increased their holdings to 17.20% and 5.16%, respectively.

About Dixon Technologies

Dixon Technologies is one of India’s leading electronics manufacturing companies. It makes a wide range of products, including LED TVS, washing machines, LED bulbs, mobile phones, CCTV systems, wearables, and refrigerators. Dixon also offers services like repair and refurbishment for LED TV panels. It operates on a B2B model and has built a strong presence in the Indian electronics manufacturing space.

As of 12:29 PM on April 22, 2025, shares of Dixon Technologies (India) Ltd were trading at ₹16,606, up 4.99% for the day. The stock opened at ₹15,955 and touched an intraday high of ₹16,796 and a low of ₹15,875. The company has a market capitalisation of ₹1 lakh crore, a P/E ratio of 117.02, and offers a dividend yield of 0.030%. The stock’s 52-week high is ₹19,148.90, while the 52-week low is ₹7,627.45.

Conclusion

Despite headwinds in the smartphone market, Dixon Technologies is showing strong resilience, backed by domestic investor confidence, favorable PLI incentives, and strategic focus on high-value components. The stock’s recent rebound highlights its growth potential in India’s electronics manufacturing 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.   

360 ONE WAM Ltd, one of India’s top independent wealth and asset management firms, has announced an exclusive strategic collaboration with UBS, a global leader in wealth management and banking. This partnership combines 360 ONE’s local expertise with UBS’s international reach to enhance wealth management solutions for both domestic and global Indian clients.

Enhanced Wealth Management Services

As part of the collaboration, both firms will offer clients access to wealth management solutions both within India and internationally. Additionally, the two companies will explore potential opportunities for asset management products and investment banking services.

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

Acquisition and UBS Stake

360 ONE will acquire UBS’s onshore wealth management business in India through its subsidiaries. In return, UBS will buy warrants for a 4.95% stake in 360 ONE, underlining UBS’s commitment to India’s growing wealth market. The deal will be subject to regulatory approval.

A Strong Partnership for Growth

A joint leadership committee will be formed to explore future growth opportunities. This collaboration aims to provide personalised wealth management services while creating significant value for clients, employees, and shareholders.

Akhil Gupta, Chairman of 360 ONE, highlighted that this collaboration strengthens both companies’ positions, offering a global and personalised wealth management experience for their clients. Karan Bhagat, CEO of 360 ONE, emphasised how this partnership is a significant step for 360 ONE, reflecting India’s growing importance on the global wealth management map.

UBS’s Role in the Collaboration

Jin Yee Young, Co-Head of Global Wealth Management at UBS, stated that the partnership with 360 ONE will help UBS expand its footprint in India, one of the fastest-growing wealth markets. Mihir Doshi, UBS’s India Head, added that this collaboration will bring enhanced wealth management capabilities to clients in India and globally.

360 ONE’s Recognition and Growth

360 ONE was recently named India’s Best Wealth Manager by Euromoney Private Banking Awards 2025 and Best Private Bank India by Asian Private Banker. UBS, likewise, was recognised as Asia’s Best International Private Bank at the same awards.

About 360 ONE WAM

360 ONE WAM is one of India’s leading wealth and asset management firms, managing over ₹5.79 trillion (around USD 68 billion) for more than 7,500 ultra-high-net-worth and high-net-worth families. It offers a range of services including wealth management, asset management, and alternative investment funds.

360 One WAM’s share price is currently trading at ₹962.00, up by ₹7.75 (0.81%) as of 11:19 AM IST on April 22. The stock opened at ₹975.00, reached a high of ₹977.70, and a low of ₹953.00. The company’s capitalisation stands at ₹37.83K crore, with a P/E ratio of 36.37 and a dividend yield of 1.51%. Over the past 52 weeks, the stock has reached a high of ₹1,318.00 and a low of ₹691.40.

About UBS

UBS is a global wealth manager and the leading universal bank in Switzerland, offering diversified asset management solutions and investment banking services. Following the acquisition of Credit Suisse, UBS manages over USD 6.1 trillion in invested assets.

Conclusion

This collaboration strengthens both 360 ONE and UBS’s positions, enhancing wealth management services and creating long-term value for clients, employees, and shareholders.

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.   

JSW Energy has started construction on its 1,600 MW (2×800 MW) ultra-supercritical thermal power plant in Salboni, West Bengal. This ₹16,000 crore project is the company’s biggest greenfield (newly built from scratch) project so far.

Long-Term Power Agreement

The power generated from this plant will be sold under a 25-year PPA (Power Purchase Agreement) with the WBSEDCL (West Bengal State Electricity Distribution Company). The plant will run on domestic coal allocated under the government’s SHAKTI B (IV) policy.

Read More, Sensex Weekly Expiry: IREDA, Tata Elxsi, and 3 More Stocks Under F&O Ban on April 22.

Boost for Eastern India

This project is a key part of JSW Energy’s plan to grow its presence in eastern India. It is expected to improve regional infrastructure and create more than 2,000 jobs, both directly and indirectly.

Additional Investments in the Region

Earlier this year, JSW Energy also acquired KSK Mahanadi Power Company, which owns another thermal power plant. Alongside the power plant, JSW is developing a 2,000-acre Industrial Park in Salboni. This park will have plug-and-play infrastructure based on modern urban planning and is expected to drive industrial and economic growth in West Bengal and the eastern region of India.

Power and Storage Goals

JSW Energy is progressing towards its goal of reaching 20 GW of power generation capacity well before 2030. The company currently has over 30 GW of projects in the pipeline and expects to reach 14 GW of installed capacity by June 2025.

Expanding Energy Storage

The company is also active in the energy storage sector, with a total project pipeline of 16.3 GWh. This includes a major 12 GWh pumped hydro storage project. JSW Energy is aiming for 40 GWh of energy storage capacity by 2030.

About JSW Energy Limited

JSW Energy Limited is an Indian energy company involved in generating, transmitting, and trading electricity. It operates as a part of the JSW Group.

As of April 22, JSW Energy share price is trading at ₹517.85, with a 52-week high of ₹804.90 and a 52-week low of ₹418.75.

Conclusion

JSW Energy’s massive investment in West Bengal marks a major step in its expansion plans and reinforces its commitment to strengthening India’s energy and industrial future. With large-scale power and storage projects underway, the company is well-positioned to play a leading role in the country’s 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 securities market are subject to market risks, read all the related documents carefully before investing.  

KFin Technologies is aiming to boost its international revenue share to 50% over the next 5 to 7 years, after acquiring a majority stake in Singapore-based Ascent Fund Services. At present, international operations contribute around 25% of the company’s total income.

Details of the Acquisition

KFin is purchasing a 51% stake in Ascent for about $35 million and plans to acquire the remaining 49% between FY28 and FY30. Depending on Ascent’s future performance and profit margins, the total value of the deal could reach up to $170 million. The acquisition is being fully funded through KFin’s internal cash reserves, totalling approximately ₹300 crore.

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

Positive Financial Outlook

KFin’s MD & CEO, Sreekanth Nadella, said the deal is expected to improve earnings per share (EPS), even in the current year. He highlighted that Ascent is already EBITDA-positive, which supports a smooth financial transition.

Strong Performance by Ascent

Founded in 2019, Ascent has shown solid growth. It currently earns about $1.5 million per month and made $13.5 million in revenue in the first half of its financial year. The company manages around $24 billion in assets across 18 countries. Over the past 4 years, the number of fund managers it serves has increased by 57%, while assets under administration and revenue have grown by around 45% and 36% annually, respectively.

Strategic Fit for KFin

Nadella described the acquisition as a “hugely complementary” move that aligns with KFin’s goal of becoming a major global fund administrator. Ascent operates under financial regulations in Singapore, Dubai, Abu Dhabi, the Cayman Islands, and other regions.

The acquisition deal is expected to close soon, subject to regulatory approvals from relevant authorities.

About KFin Technologies Limited

KFin Technologies Limited is a top financial services platform that uses technology to offer a wide range of solutions. It supports asset managers and corporate issuers in India across various asset classes. Internationally, KFin also delivers investor-focused services like transaction processing and origination for mutual funds and private retirement plans in countries such as Malaysia, the Philippines, and Hong Kong.

As of April 22 at 10:26 AM IST, KFin Technologies share price is trading at ₹1,257.80, up ₹57.00 or 4.75% for the day. The stock opened at ₹1,215.00 and has touched a high of ₹1,277.10 and a low of ₹1,214.90 so far. The company’s market capitalisation stands at ₹21,630 crore, with a price-to-earnings (P/E) ratio of 67.44 and a dividend yield of 0.46%. Over the past 52 weeks, the stock has reached a high of ₹1,641.35 and a low of ₹617.50.

Conclusion

The Ascent acquisition marks a major step in KFin Technologies’ journey toward becoming a global fund administration leader. With Ascent’s strong international presence and consistent growth, KFin is strategically positioning itself to expand its global footprint and revenue base while strengthening its service capabilities across key financial hubs.

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. 

Bharti Airtel has improved its AI-powered anti-spam service, which was launched in September 2024. The updated features now help detect and alert users about spam calls and messages from international numbers.

Support for 10 Indian Languages

To make the service more user-friendly, Airtel has added the option for customers to receive spam alerts in 10 Indian languages. These include Hindi, Marathi, Bengali, Gujarati, Tamil, Kannada, Malayalam, Urdu, Punjabi, and Telugu. This update is currently available only for Android users.

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

Rise in International Spam

According to Airtel, spam calls from overseas have increased by 12% in the last 6 months. This rise came after the company introduced the anti-spam feature for domestic calls, showing a shift in spam traffic to international networks.

Massive Detection Numbers

Airtel said it has detected 27.5 billion spam calls so far. That’s about 1,560 spam calls every second. Since the anti-spam tool was introduced, there has been a 16% drop in spam calls for Airtel users.

Why These Changes Were Made

Siddharth Sharma, Director (Marketing) and CEO (Connected Homes) at Airtel, said the updates were based on customer feedback and the growing need to fight international spam. He added that the improvements aim to support India’s language diversity while keeping users safer.

The latest updates are currently available only on Android phones.

About Bharti Airtel

Bharti Airtel is a leading Indian multinational telecom company headquartered in New Delhi. It operates in 18 countries across South Asia, Africa, and the Channel Islands. In India, Airtel offers advanced telecom services, including 5G, 4G, and LTE Advanced, across the country.

As of April 22, 2025, Bharti Airtel share price is trading at ₹1,874, down ₹9.40 or 0.50% from the previous close. The stock opened at ₹1,888 and has touched an intraday high and low of ₹1,888 and ₹1,871.80, respectively. The company has a market capitalisation of ₹11.24 lakh crore, a price-to-earnings (P/E) ratio of 45.57, and offers a dividend yield of 0.43%. Over the past 52 weeks, the stock has ranged between a low of ₹1,219.05 and a high of ₹1,904.30.

Conclusion

Airtel’s latest upgrade to its anti-spam system shows its commitment to customer safety and inclusivity. With global spam detection and alerts in regional languages, users can expect a more secure and user-friendly mobile experience.

 

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.  

Indian stock markets are expected to be impacted on Tuesday, with the aim of extending their winning streak to the sixth consecutive day. This comes despite weak global cues. The GIFT Nifty was up by 44.5 points or 0.18% at 24,180 as of 7:22 AM, signalling a mildly positive opening.

Global market update

Asian markets are trading lower, following sharp declines on Wall Street. The fall came after former US President Donald Trump strongly criticised Federal Reserve Chair Jerome Powell and urged for immediate rate cuts. Investors are increasingly worried about the Federal Reserve’s independence. Japan’s Nikkei was down 0.37%, while South Korea’s Kospi slipped 0.20%. In the US, the S&P 500 fell 2.36%, the Nasdaq dropped 2.55%, and the Dow Jones declined by 2.48%.

Read More, Airtel Expands AI-Based Anti-Spam Features to Tackle International Spam Calls and Messages.

Domestic market performance on April 21

On Monday, domestic indices performed strongly. The BSE Sensex surged 855 points or 1.09% to close at 79,408.5, and the Nifty50 gained 273.9 points or 1.15% to end at 24,125. Foreign institutional investors (FIIs) were net buyers, investing ₹1,970.17 crore, while domestic institutional investors (DIIs) purchased shares worth ₹246.59 crore.

Stocks to Watch 

• Mahindra Logistics

Mahindra Logistics reported a strong 67% year-on-year rise in standalone profit after tax for the March quarter of FY24, coming in at ₹13.12 crore. This is a significant jump from ₹7.86 crore in the same quarter last year.

• Tata Investment Corporation

Tata Investment Corporation posted a sharp 38% decline in its net profit, which stood at ₹37.7 crore for the quarter ended March 31, 2025. Revenue from operations fell by 71% to ₹16.4 crore, indicating weaker performance compared to the previous year.

• Steel stocks

All listed steel companies are expected to be in focus after the Indian government imposed a 12% provisional safeguard duty on select steel products to protect domestic manufacturers. The duty will remain in place for 200 days. While most developing countries are exempt, China and Vietnam are included under the duty.

• Vedanta

Twin Star Holdings, the promoter entity of Vedanta, signed a $530 million facility agreement. Vedanta Resources and Welter Trading are acting as guarantors for this deal, which is aimed at managing the group’s financial obligations.

• Gandhar Oil Refinery

Gandhar Oil Refinery has entered into a non-binding memorandum of understanding with the Jawaharlal Nehru Port Authority to explore the possibility of developing a terminal at Vadhvan Port. The project is estimated to cost ₹1,000 crore and will handle container, bulk, and liquid cargo, along with marine services.

• Tata Power

Tata Power Renewable Energy has signed a power purchase agreement with Tata Motors to jointly develop a 131 MW wind-solar hybrid renewable energy project. This will take the company’s total group captive renewable capacity to 1.5 gigawatts.

• Mazagon Dock Shipbuilders

The Ministry of Defence has appointed Jagmohan as the new Chairman and Managing Director of Mazagon Dock Shipbuilders. He brings with him over 25 years of experience from the Indian Navy, where he held several important positions, including roles in the Directorate of Naval Design and Naval Dockyard Mumbai.

• Hindustan Unilever

Hindustan Unilever has completed the acquisition of a 90.5% stake in Uprising. The acquisition was done through a mix of primary investment and secondary purchase, for a total cash consideration of ₹2,706 crore.

Conclusion

As global headwinds weigh on investor sentiment, domestic developments and company-specific actions are set to drive market movements on April 22. Keep an eye on logistics, power, and steel sectors for potential activity.

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.