To protect investors and maintain market integrity, the Graded Surveillance Measure (GSM) system was introduced by the Securities and Exchange Board of India (SEBI). This system plays a critical role in monitoring companies that display unusual stock price movements, which may suggest price manipulation or other unethical market practices. 

In this blog, let’s explore the Graded Surveillance Measure (GSM) stocks list as of January 27, 2025. 

Graded Surveillance Measure (GSM) Stocks List

Note: The GSM stocks list here are taken from NSE as of January 27, 2025.  

What is GSM?

The GSM system assigns grades to companies based on their stock price behaviour. SEBI may step in if a company’s stock price rises unusually or shows potential manipulation. This is often done when a company’s stock shows extreme price swings without supporting financial data, which could indicate price manipulation or possible involvement in money laundering.

How Does GSM Work?

If SEBI detects suspicious price movements, it alerts the exchange. Companies whose stock prices appear manipulated are placed under surveillance. These companies are categorised in 6 stages, with increasing restrictions at each stage to prevent unethical trading practices.

• Stage 1: Stocks are placed under trade surveillance with limited trading allowed. Only 5% price movement is permitted.
• Stage 2: Trading restrictions increase, and buyers must deposit 100% of the stock’s market value for at least five months.
• Stages 3-5: Restrictions on trading become stricter, with higher security deposit requirements up to 200% of the trade value.
• Stage 6: The highest level, where trading is extremely limited and price movements are blocked.

Factors Affecting GSM

The factors that affect a company’s inclusion in the GSM system include:

• Financial Performance: The overall financial health of the company.
• Corporate Governance: Adherence to regulatory standards and governance practices.
• Market Behavior: Irregularities or suspicious activities in the stock market.
• Transparency and Track Record: The company’s past performance and how transparent it is with investors.

Based on these factors, SEBI assesses the risk and determines if a stock should be placed under surveillance.

 

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 semiconductor industry is crucial for economic growth in today’s technology-driven world. In 2024, India’s semiconductor sector reached a significant milestone with the government approving the establishment of the first semiconductor fabrication plant in Dholera, Gujarat. This plant will be developed in partnership with Tata Electronics, a subsidiary of Tata Group, and Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC), with an investment of ₹91,000 crore.

The semiconductor industry has seen investments totalling ₹1.26 lakh crore, including a packaging unit approved last year for US-based Micron Technology in Gujarat. Additionally, this year, the government also approved a ₹3,300 crore semiconductor unit proposal by Kaynes Semicon in Sanand, Gujarat. In this blog, let’s explore the best semiconductor stocks for February 2025 based on 5Y CAGR.

Overview of the Semiconductor Conductor Industry in India

Looking ahead, India’s semiconductor market is projected to grow significantly, reaching $100.2 billion by 2032. This growth is driven by rising demand for consumer electronics, automotive applications, and the government’s push for self-reliance in semiconductor production. New opportunities are emerging in areas like artificial intelligence, 5G, the Internet of Things, and quantum computing, all of which offer exciting potential for innovation. To fully unlock this potential, India needs a strong policy framework, improved infrastructure, and a supportive environment for both domestic and global players.

Best Semiconductor Stock Based on 5Y CAGR

Note: The best semiconductor stocks have been sorted based on 5Y CAGR as of January 27, 2025. 

Overview of 5 Best Semiconductor Stocks

1. CG Power & Industrial Solutions

CG Power & Industrial Solutions is a global company that provides complete solutions for managing and using electrical energy efficiently and sustainably. It serves utilities, industries, and consumers with a wide range of products, services, and solutions. The company operates in two main areas: Power Systems and Industrial Systems.

In September 2024, CG Power & Industrial Solutions reported a revenue of ₹2,270.19 crore and a net profit of ₹222.57 crore, compared to ₹2,106.41 crore revenue and ₹232.13 crore net profit in June 2024. 

Key metrics: 

• Earning per share (EPS): ₹5.96
• Return on equity (ROE): 24.47%

2. RIR Power Electronics Ltd

RIR Power Electronics Ltd specializes in producing traditional semiconductor devices, including bridges, power modules, diodes, rectifiers, and thyristors. The company has also developed high-power semiconductor devices capable of handling up to 9,000 volts and 6,000 amperes.

In September 2024, the company recorded a revenue of ₹18.82 crore and a net profit of ₹1.53 crore, compared to ₹21.05 crore and ₹2.83 crore in June 2024. For FY23-24, the total revenue was ₹66.76 crore, with a net profit of ₹7.96 crore.

Key metrics: 

• EPS: ₹11.42
• ROE: 9.31%

3. Dixon Technologies (India) Limited

Dixon Technologies (India) Limited produces various electronic products, such as consumer electronics, lighting, home appliances, CCTV cameras, and mobile phones. The company has signed a binding agreement with vivo Mobile India Private Limited to form a joint venture for manufacturing electronic devices, including smartphones, as an OEM.

In December 2024, Dixon Technologies reported revenue of ₹1,030.46 crore and a net profit of ₹2.50 crore, compared to ₹1,986.16 crore in revenue and ₹256.82 crore in net profit in September 2024.

Key metrics: 

• EPS: ₹55.07
• ROE: 19.60%

4. Bharat Electronics Ltd

Established in 1954, Bharat Electronics Ltd focuses on producing and providing electronic equipment and systems primarily for the defense sector. The company also caters to the civilian market on a smaller scale.

In Q2 FY24 (Sep 2024), Bharat Electronics Ltd reported revenue of ₹4,583.41 crore and a net profit of ₹1,091.27 crore, compared to ₹4,198.77 crore revenue and ₹776.14 crore profit in Q1 FY24. 

Key metrics: 

• EPS: ₹6.22
• ROE: 26.12%

5. Tata Elxsi

Tata Elxsi provides comprehensive services, including research, strategy, electronics, mechanical design, software development, testing, and implementation. Recently, Suzuki Motor Corporation and Tata Elxsi launched the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This specialised facility will drive Suzuki’s advanced engineering projects and support innovations shaping the future of mobility.

For the quarter ending December 2024, the company reported revenue of ₹939.17 crore, slightly lower than ₹955.09 crore in September 2024. The net profit for the quarter stood at ₹199.01 crore, compared to ₹229.43 crore in the previous quarter. 

Key metrics: 

• EPS: ₹129.96
• ROE: 32.55%

Best Semiconductor Stock Based on Market Cap

Note: The best semiconductor stocks have been sorted based on Market cap as of January 27, 2025. 

 

Best Semiconductor Stock Based on Net Profit Margin

Note: The best semiconductor stocks have been sorted based on net profit margin as of January 27, 2025. 

Things to Keep in Mind When Investing in Semiconductor Stocks in India

Before investing in semiconductor stocks in India, it’s important to consider a few key factors:

• Market Demand and Growth Potential 

Look at the demand for semiconductors across industries like consumer electronics, automotive, telecommunications, and industrial sectors. With India’s growing digitalisation, smart devices, and IoT market, semiconductor companies have strong growth potential.

• Government Support and Policy 

Government initiatives, such as India’s Semiconductor Mission, which focuses on boosting local semiconductor manufacturing, can greatly impact the success of companies in this sector. Government incentives and policies can play a big role in their growth.

• Supply Chain and Raw Material Availability 

The semiconductor industry depends on global supply chains for essential raw materials like silicon and specialised equipment. Any disruptions, such as geopolitical tensions or pandemics, can affect production and profits. It’s important to assess how companies handle these risks.

Should You Invest in Semiconductor Stocks?

Investing in semiconductor stocks can offer high returns, but there are some risks to keep in mind.

• High Growth Potential 

The semiconductor industry is expected to grow quickly due to technological advancements in areas like 5G, AI, autonomous vehicles, IoT, and cloud computing. As these technologies grow, the demand for semiconductors will rise, which is good news for companies in this field.

• Essential for Modern Technology 

Semiconductors are vital for all modern electronics, from smartphones to laptops, electric vehicles, and medical devices. As global digitalisation continues, the demand for chips is expected to remain strong.

• Government Support 

Countries like India are investing in the semiconductor sector. India’s Semiconductor Mission aims to increase local manufacturing and reduce reliance on imports, which could benefit local semiconductor companies.

Future Outlook for India’s Semiconductor Industry

India’s semiconductor market is projected to reach $100.2 billion by 2032, driven by increasing demand in consumer electronics, automotive, and government efforts to boost local semiconductor production. Key growth opportunities lie in emerging fields like artificial intelligence, 5G, the Internet of Things, and quantum computing. To tap into this potential, strong investments and partnerships with various stakeholders will be crucial.

The government needs to create a supportive policy framework and infrastructure, fostering a favourable environment for both domestic and international players. Industry leaders must focus on research and development, while educational institutions align their programs with industry needs. A thriving semiconductor ecosystem is essential for India’s economy and its electronics and automobile industries. By reducing import dependence and becoming a global leader, India can drive innovation and stay competitive on the world stage. Collaboration among the government, industry, and academia will be vital to achieving this vision.

Conclusion

Investing in semiconductor stocks offers the potential for strong growth, especially with the increasing demand for technologies like AI, 5G, IoT, and electric vehicles. The semiconductor sector is crucial to global digital progress, and with government support, particularly in countries like India, there is further potential for 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 the securities market are subject to market risks, read all the related documents carefully before investing.

On January 27, 2025, both the BSE Sensex and NSE Nifty50 ended the first trading session of the week in the red, dropping over 1% due to widespread selling. 

The Sensex fell by 824.29 points, or 1.08%, to close at 75,366.17. It traded between 75,925.72 and 75,267.59 during the day. Similarly, the Nifty50 lost 263.05 points, or 1.14%, finishing at 22,829.15. It reached a high of 23,007.45 and a low of 22,786.90 on the day.

Top Gainers of the Day

 

• Britannia opened at ₹5,103.65, peaked at ₹5,215.00, and closed at ₹5,178.05, rising ₹77.05 or 1.5%.
• ICICI Bank started at ₹1,195.00, reached ₹1,234.65, and closed at ₹1,225.25, gaining ₹16.25 or 1.33%.
• M&M opened at ₹2,772.30, hit ₹2,846.90, and closed at ₹2,830.00, up ₹28.70 or 1.02%.
• Hindustan Unilever (HUL) opened at ₹2,365.00, touched ₹2,409.70, and closed at ₹2,391.05, increasing ₹22.05 or 0.97%.
• SBI started at ₹740.00, peaked at ₹755.35, and closed at ₹747.50, gaining ₹3.50 or 0.45%.

Top Losers of the Day

• HCLTech opened at ₹1,775.00, reached ₹1,779.75, but dropped to ₹1,710.55, losing ₹64.45 or -4.59%.
• Tech Mahindra started at ₹1,710.00, touched ₹1,713.90, and closed at ₹1,651.00, falling ₹59.00 or -4.18%.
• Wipro opened at ₹317.80, peaked at ₹319.15, but closed at ₹308.00, down ₹9.80 or -3.78%.
• Hindalco started at ₹600.05, hit ₹601.60, and closed at ₹585.50, dropping ₹14.55 or -3.53%.
• Shriram Finance opened at ₹525.90, reached ₹530.65, and closed at ₹510.45, falling ₹15.45 or -3.22%.

 

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.

Central Depository Services (India) Ltd (CDSL) share price dropped sharply on Monday, continuing a 2-day decline. The stock fell by 9.45%, reaching a low of ₹1,358.35.

Share Price Performance

As of 12:52 AM, CDSL share price is currently priced at ₹1,364.50, reflecting a decline of ₹135.75 (9.05%) today. Over the past 5 days, the stock has fallen by ₹218.50 (13.80%), and in the past month, it has decreased by ₹413.05 (23.24%). However, in the past six months, it has risen by ₹141.50 (11.57%), and over the past year, it has gained ₹481.80 (54.58%). Over the last 5 years, the stock has surged by ₹1,236.40 (965.18%).

Q3 FY25 Financial Performance

The decline in CDSL’s share price follows a drop in its total income, which fell 26.27% year-on-year (YoY) to ₹298 crore for the December 2024 quarter (Q3 FY25) from ₹236 crore the previous year. However, the company’s net profit increased by 21.49% YoY, rising to ₹130 crore from ₹107 crore in the same quarter last year.

On a sequential basis, total income and profit declined by 16.99% and 19.75%, respectively.

Record Demat Accounts and New Openings

Despite the financial dip, CDSL achieved a significant milestone, becoming the first depository to register over 14.65 crore demat accounts as of December 31, 2024. During Q3 FY25, 92 lakh new demat accounts were opened.

About CDSL

CDSL is a depository registered with the market regulator SEBI. It was established to provide a secure, convenient, and cost-effective depository service for market participants. CDSL plays a key role in the Indian market infrastructure, enabling the electronic holding and transaction of securities and facilitating trade settlements. The company offers services to a wide range of capital market entities, including depository participants, issuers, investors, and exchanges.

 

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.

Laurus Labs share price dropped 15% on Monday, January 27, reversing all gains made during Friday’s trading session, following the company’s December quarter results.

Impact of US Foreign Aid Pause

The decline in the stock comes after reports that the US government ordered a pause in foreign aid, which could stop funding for the President’s Emergency Plan for AIDS Relief (PEPFAR) starting Monday. This could disrupt the supply of anti-viral medications (ARVs) to millions of people globally.

PEPFAR’s Role in Global Health

The PEPFAR program, initiated under President George W. Bush, has saved millions of lives worldwide by funding organisations to fight HIV and providing ARVs to over 20 million people across 55 countries.

US Foreign Aid Review and Its Effects

Following President Donald Trump’s executive order last week, a 90-day review of US foreign aid programs was triggered. A memo from the US Agency for International Development (USAID) on Saturday stated that the foreign aid pause would mean a complete halt with limited exceptions.

Laurus Labs Q3 FY25 Results

Laurus Labs reported a solid performance in Q3, with its EBITDA margin improving by 500 basis points to 20.2%, the highest since Q4 of FY23. This improvement is attributed to better asset utilisation and productivity gains.

The company’s net profit surged to ₹92 crore, up from ₹23 crore in the same quarter last year. Other income also increased slightly, reaching ₹9.4 crore from ₹2.4 crore last year.

Revenue for the quarter grew by 18.5% year-on-year, totalling ₹1,415 crore, compared to ₹1,194 crore in Q3 of FY24. On a sequential basis, revenue rose by 16%.

EBITDA for the quarter saw a significant increase of 58%, reaching ₹285.8 crore. Laurus Labs expects further improvement in EBITDA margins as it ramps up growth projects and new assets come online, despite pricing pressures in the generic portfolio.

About Laurus Labs

Laurus Labs, established in 2005, is a research-focused pharmaceutical and biotechnology company. It holds a leading position globally in the production of select Active Pharmaceutical Ingredients (APIs), such as anti-retroviral, oncology drugs (including High Potent APIs), and cardiovascular and gastrointestinal treatments. 

 

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.

Tanla Platforms has declared an interim dividend of ₹6 per share (600%) with a face value of Re 1 for FY25. The record date for this dividend is set for Monday, January 27, and the payment will be made by February 20, 2025.

Over the last 12 months, the company has announced a total dividend of ₹12 per share. Since March 2007, Tanla Platforms has declared 17 dividends in total.

The ex-dividend date is when a stock’s price is adjusted to account for its upcoming dividend. From this day onward, the stock no longer includes the value of the next dividend payment. Dividends are paid to shareholders whose names are recorded by the end of the record date.

Tanla Platforms Q3 FY25 Financial Results

Tanla Platforms Ltd reported a flat revenue of ₹1,000 crore compared to the previous quarter. Gross profit stood at ₹261 crore, with a gross margin of 26.1%. EBITDA was ₹163 crore, with an EBITDA margin of 16.3%. Profit after tax (PAT) was ₹119 crore, with a PAT margin of 11.8%, and earnings per share (EPS) were ₹8.82. The company generated a free cash flow of ₹217 crore, and its cash balance reached ₹921 crore.

During the quarter, Tanla reached significant milestones, including sending one billion RCS messages, earning the ‘RCS Growth Partner of the Year 2024’ recognition from Google, and implementing PE/TM binding on its Trubloq platform. The company also improved its S&P Global ESG score to 74 from 68 in 2023 and appointed Naiyya Saggi as an Independent Director. 

About Tanla Platforms Ltd

Tanla Platforms Ltd is a cloud communications provider based in Hyderabad, India. The company helps businesses connect with their customers and target recipients. It is a global leader in A2P (Application to Person) messaging and has become a leader in the CPaaS (Communications Platform as a Service) sector, a specialised type of SaaS. Tanla leads in areas like data security, privacy, and protection against spam and scams. 

Tanla Platforms share price is currently trading at ₹587.25, down by ₹22.05 (3.62%) as of 9:51 am IST on January 27. The stock has a market cap of ₹7.89K crore, a P/E ratio of 15.21, and a dividend yield of 1.53%. Its 52-week high is ₹1,086.45, and the 52-week low is ₹586.20.

 

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.

 

Kei Industries Ltd shares will trade ex-dividend on Monday, January 27. The company has announced an interim dividend of ₹4 per equity share (200%) with a face value of ₹2 for FY 2024-25. 

Over the last 12 months, KEI Industries has announced a total dividend of ₹3.50 per share. According to Trendlyne data, the company has declared 24 dividends since August 2021.

The ex-dividend date is when a stock’s price is adjusted to account for the upcoming dividend payment. On this day, the stock trades without the value of its next dividend. Shareholders listed in the company’s records by the end of the record date are eligible to receive the dividend.

KEI Industries Q3 Results: Net Profit Rises 9%

KEI Industries Ltd reported a 9.4% year-on-year increase in net profit, reaching ₹164.8 crore in the third quarter that ended December 31, 2024. This is up from ₹150.6 crore in the same quarter last year.

Revenue from operations grew 19.8% to ₹2,467.2 crore, compared to ₹2,059.3 crore in the corresponding quarter of the previous fiscal.

At the operational level, the company’s EBITDA rose 12.3% to ₹240.7 crore from ₹214.4 crore in Q3 FY24. However, the EBITDA margin slightly declined to 9.8% this quarter, down from 10.4% in the year-ago period.

Recent Developments

Anil Gupta, CMD of KEI Industries, predicts strong demand for wires and cables driven by growth in power generation, transmission, distribution, and sectors like industry, infrastructure, and real estate. He highlighted that infrastructure spending plays a key role in their business since most of their products are used in infrastructure projects, the energy sector, and renewable energy.

Gupta also pointed out the growing importance of power evacuation through transmission lines, which are now being developed through tariff-based competitive bidding. He expects the national electricity transmission plan to attract significant investments in the transmission sector next year.

About KEI Industries Ltd

Founded in 1968, KEI Industries Ltd produces a wide range of wires and cables, including Extra-High-Voltage (EHV), High-Tension (HT), and Low-Tension (LT) cables, which it supplies both in India and internationally. KEI Industries also manufactures and sells EHV, Medium-Voltage (MV), and Low-Voltage (LV) power cables. The company serves both retail and institutional customers and also offers Engineering, Procurement, and Construction (EPC) services.

As of 9:42 AM on January 27, 2025, KEI Industries share price is trading at ₹4,129.90, down by ₹123.60 (2.91%). The stock opened at ₹4,182.65, reached a high of ₹4,184.65, and a low of ₹4,106.20. The market capitalisation stands at ₹39.46K crore, with a P/E ratio of 58.80 and a dividend yield of 0.097%. The 52-week high and low for the stock are ₹5,039.70 and ₹2,900.10, respectively.

 

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.