Bonus, Stock Split and Dividend This Week: Marico, Nestle, GAIL and More

This week, several major companies are making significant corporate moves that could impact investors. From dividend payouts and stock splits to bonus issues, it’s essential to stay informed about these actions and how they may affect your portfolio and investment strategy.

Upcoming Bonus Issue This Week

Company Name Corporate Action Details Record Date
Redtape Bonus Issue 3:1 February 4, 2025
Thinkink Picturez Bonus Issue 2:1 February 5, 2025
Sangam Finserv Bonus Issue 4:1 February 7, 2025
Urban Enviro Waste Management Bonus Issue 1:1 February 7, 2025
EFC Bonus Issue 1:1 February 11, 2025

Upcoming Dividend Issue This Week

Company Name Corporate Action Details Record Date
Godrej Consumer Dividend 5 February 3, 2025
Great Eastern Shipping Company Dividend 8.1 February 3, 2025
Mahanagar Gas Dividend 12 February 3, 2025
KPIT Tech Dividend 2.5 February 4, 2025
Emami Dividend 4 February 4, 2025
Orient Electric Dividend 0.75 February 4, 2025
Shree Cements Dividend 50 February 5, 2025
Dr Lal Pathlabs Dividend 6 February 5, 2025
Sun Pharma Dividend 10.5 February 6, 2025
Container Corp Dividend 4.25 February 6, 2025
Triveni Turbine Dividend 2 February 6, 2025
ONGC Dividend 5 February 7, 2025
Nestle Dividend 14.25 February 7, 2025
GAIL Dividend 6.5 February 7, 2025
Marico Dividend 3.5 February 7, 2025
Jindal Stainless Dividend 1 February 7, 2025
CAMS Dividend 17.5 February 7, 2025

Upcoming Stock Split This Week

Company Name Corporate Action Details Record Date
KSolves Stock Split 10:5 February 6, 2025
AGI Infra Stock Split 10:5 February 7, 2025
Rama Phosphates Stock Split 10:5 February 7, 2025
TT Stock Split 10:1 February 12, 2025

Eligibility for Corporate Actions This Week

  • Marico

Marico is distributing a dividend of ₹3.50 per share. Investors must hold shares before the February 7, 2025 record date to be eligible for the dividend payout.

  • Nestle

Nestle has declared a dividend of ₹14.25 per share. Shareholders must own shares before the February 7, 2025 record date to receive the dividend.

  • GAIL

GAIL is offering a dividend of ₹6.50 per share. To be eligible for the dividend, investors must hold shares before the February 7, 2025 record date.

  • Shree Cements

Shree Cements has announced a dividend of ₹50.00 per share. Investors need to hold shares before the February 5, 2025 record date to qualify for the dividend payout.

 

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.

Top Green Hydrogen Stocks in February 2025 – 5YR CAGR Basis: Adani Green Energy, NTPC and More

According to the Ministry of New and Renewable Energy, global demand for green hydrogen and its derivatives, such as green ammonia, is projected to exceed 100 million metric tons (MMT) by 2030. India aims to capture approximately 10% of this global market, with an estimated annual export potential of 10 MMT of green hydrogen/green ammonia.

The country’s National Hydrogen Mission has set ambitious targets to develop green hydrogen production capacity, attracting investments worth over ₹8 lakh crore by 2030 and creating more than 6 lakh jobs in the sector.

With the green hydrogen sector poised for significant growth, there is increasing interest from investors looking to benefit from this rising demand. In this blog, we will look at key companies involved in green hydrogen production and distribution that could play a role in the development of India’s clean energy future as the sector expands through 2025 and beyond.

Top Green Hydrogen Stocks in February 2025

Name Market Cap (₹ Cr) 5Y CAGR (%) PE Ratio
Adani Green Energy Ltd 1,53,944.20 40.04 139.95
NTPC Ltd 3,13,202.32 23.23 15.05
Larsen and Toubro Ltd 4,70,425.31 20.08 36.02
Oil and Natural Gas Corporation Ltd 3,22,960.93 17.3 6.56
Gail (India) Ltd 1,09,876.16 15.23 11.1
Reliance Industries Ltd 16,95,673.99 13.84 24.36

Note: The best green hydrogen sector stocks list provided here is as of January 31, 2024. The stocks are sorted as per their 5-year CAGR.

Overview of the 5 Best Green Hydrogen Stocks in India

1. Adani Green Energy Ltd

Adani Green Energy Limited, is on track to become the world’s largest renewable energy producer by 2030. As part of the Adani Group’s broader vision, the company is also exploring the emerging green hydrogen space.

In Q3 FY25, Adani Green Energy demonstrated robust financial growth, with a 92.19% year-on-year increase in net profit, reaching ₹492 crore. Revenue for the quarter stood at ₹2,365 crore, marking a modest 2.34% YoY growth.

Key metrics:

  • ROCE: 10.82%
  • ROE: 8.87%

 

2. NTPC Ltd

NTPC Green Energy Limited (NGEL) is setting up India’s first Green Hydrogen Hub at Pudimadaka, Andhra Pradesh. This project, in partnership with the Government of Andhra Pradesh, will focus on the production of 1500 TPD of Green Hydrogen and its derivatives such as Green Methanol, Green Urea, and Sustainable Aviation Fuel.

NTPC’s Q3 FY25 performance showed a positive trajectory with the company reporting a 3% year-on-year increase in its net profit, which rose to ₹4,711 crore. revenue showed a solid performance, reaching ₹40,872 crore, marking a 6% increase compared to the same period last year.

Key metrics:

  • ROCE: 10.63%
  • ROE: 13.17%

 

3. Larsen and Toubro Ltd

L&T’s Green Hydrogen Plant, located at the A M Naik Heavy Engineering Complex in Hazira, is a pioneering project designed to produce high-purity hydrogen using both Alkaline and PEM electrolyser technologies. The plant currently produces 15 tonnes of hydrogen per annum (TPA), with plans to expand to 30 TPA.

Larsen & Toubro (L&T) reported a consolidated net profit of ₹3,359 crore for Q3 FY25, reflecting a 13.9% year-on-year growth. The company’s revenue for the quarter rose by 17.3%, reaching ₹64,668 crore, driven by strong order book execution and growth in its Projects & Manufacturing businesses.

Key metrics:

  • ROCE: 18.48%
  • ROE: 12.67%

 

4. Oil and Natural Gas Corporation Ltd

ONGC’s efforts in developing green hydrogen technologies, such as thermochemical cycles and innovative storage solutions, aim to scale up production while overcoming technical and commercial challenges, thus supporting a cleaner, more efficient energy ecosystem.

State-owned ONGC reported a 17% increase in its standalone net profit for Q2 FY25, reaching ₹11,984 crore, compared to ₹10,238 crore in the same period last year. However, the company saw a 4% decline in revenue from operations, which stood at ₹33,881 crore, down from ₹35,163 crore a year ago.

Key metrics:

  • ROCE: 15.62%
  • ROE: 14.73%

 

5. Gail (India) Ltd

GAIL (India) Limited has made significant strides in renewable energy by setting up its first Green Hydrogen Plant at Vijaipur, Madhya Pradesh. The 10 MW plant, utilises a Proton Exchange Membrane (PEM) electrolyser to produce 4.3 tonnes per day (TPD) of hydrogen. This hydrogen has a purity of 99.999%.

In Q3 FY25, GAIL (India) Ltd reported a net profit of ₹3,867.4 crore, marking a 44.7% sequential growth. The company’s revenue for the quarter stood at ₹34,937 crore, reflecting a 6.2% increase from the previous quarter.

Key metrics:

  • ROCE: 12.92%
  • ROE: 13.91%

 

Top Green Hydrogen Stocks by Market Capitalisation

Name Market Cap (₹ Cr)
Reliance Industries Ltd 16,95,673.99
Larsen and Toubro Ltd 4,70,425.31
Oil and Natural Gas Corporation Ltd 3,22,960.93
NTPC Ltd 3,13,202.32
Adani Green Energy Ltd 1,53,944.20
Gail (India) Ltd 1,09,876.16

Best Green Hydrogen Stocks by Sub-Sector

Name Sub-Sector
Reliance Industries Ltd Oil and Gas – Refining and Marketing
Oil and Natural Gas Corporation Ltd Oil and Gas – Exploration and Production
Larsen and Toubro Ltd Construction and Engineering
NTPC Ltd Power Generation
Adani Green Energy Ltd Renewable Energy
Gail (India) Ltd Gas Distribution

 

What are Green Hydrogen Stocks in India?

Green Hydrogen Stocks in India refer to shares of companies involved in the production, development, and distribution of green hydrogen, a clean and sustainable energy source produced through the electrolysis of water using renewable energy such as wind or solar power.

These stocks represent companies that are investing in green hydrogen as a means to reduce carbon emissions and combat climate change.

In India, several companies across different sectors are entering the green hydrogen space, aiming to become key players in the energy transition. These companies typically focus on:

  1. Hydrogen Production: Companies that produce green hydrogen using renewable energy sources.
  2. Infrastructure Development: Companies involved in setting up the infrastructure needed for green hydrogen production, storage, and distribution.
  3. Technology and Innovation: Companies investing in advanced technologies, like electrolysis systems and fuel cells, to improve the efficiency and scalability of green hydrogen.

Challenges of Investing in Green Hydrogen Stocks

1. High Production Costs

The cost of producing green hydrogen can be high, primarily due to the technology used in the electrolysis process. However, as demand grows and technological improvements are made, there is potential for cost reduction through increased efficiency.

2. Infrastructure Limitations

The infrastructure for the storage, transportation, and distribution of green hydrogen is still underdeveloped. This gap offers a significant opportunity for companies in India to invest in building new infrastructure, such as pipelines and storage facilities, which can also drive job creation and economic growth.

3. Fossil Fuel Competition

While fossil fuels remain more affordable than green hydrogen, their long-term environmental impact creates an opportunity for green hydrogen companies in India to position themselves as a more sustainable and viable alternative as awareness of fossil fuel harm increases.

4. Regulatory and Policy Uncertainty

The regulatory and policy frameworks for green hydrogen production are still in the early stages. This presents an opportunity for policymakers to collaborate with industry leaders to create favourable incentives, supporting the growth of green hydrogen stocks in India.

 

Conclusion

In conclusion, while the green hydrogen sector in India presents significant growth potential, it is essential for investors to make investment decisions based on their individual financial goals and objectives. Given the complexities and challenges within this emerging industry, it is prudent to seek guidance from a qualified financial advisor before making any investment.

 

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

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

MSME Classification Revised; Enhanced Support in Union Budget 2025

Finance Minister Nirmala Sitharaman, in the Union Budget 2025, revised the MSME classification by increasing investment and turnover limits. The budget also enhances credit support, including a ₹10 crore guarantee, and introduces customised credit cards for micro-enterprises.

Revised MSME Classification Criteria

In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced revised criteria for classifying Micro, Small, and Medium Enterprises (MSMEs). The changes aim to bring more businesses under the MSME definition, supporting growth and employment.

The revised criteria for investment and turnover limits will be significantly increased. For micro-enterprises, the investment limit will rise from ₹1 crore to ₹2.5 crore, while the turnover cap will increase from ₹5 crore to ₹10 crore.

For small enterprises, the investment limit will go up to ₹25 crore from ₹10 crore, with turnover increased to ₹100 crore from ₹50 crore. Medium enterprises will now be classified with an investment limit of ₹125 crore, up from ₹50 crore, and a turnover limit of ₹500 crore, up from ₹250 crore.

Empowering MSMEs for Growth and Competitiveness

These changes are designed to help MSMEs scale their operations, upgrade technology, and gain better access to capital. By doing so, the government aims to boost the efficiency and global competitiveness of the sector, which already plays a crucial role in India’s manufacturing output and exports.

Currently, over 1 crore registered MSMEs employ 7.5 crore people and contribute to 36% of India’s manufacturing and 45% of its exports.

Enhanced Support for MSMEs in Budget 2025

In her speech, Finance Minister Nirmala Sitharaman highlighted that over 1 crore registered MSMEs in India employ approximately 7.5 crore individuals and contribute to 36% of the country’s manufacturing.

To further support these enterprises, the government announced an increase in credit guarantee cover, raising it from ₹5 crore to ₹10 crore. Additionally, well-established exporter MSMEs will be eligible for term loans up to ₹20 crore.

The Finance Minister also revealed plans to introduce customised credit cards for micro-enterprises. “We will introduce customised Credit Cards with a ₹5 lakh limit for micro-enterprises registered on the Udyam portal. In the first year, 10 lakh such cards will be issued,” she said.

 

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.

Stocks and Sectors That Benefited From Union Budget 2025: Agriculture, EV and More

On Saturday, February 1, 2025, Indian Finance Minister Nirmala Sitharaman presented the Union Budget 2025. The budget featured announcements on income tax reforms, a boost to consumption, and support for agricultural production.

Following the budget, sectors such as Renewable energy, agriculture, capital goods, and others are expected to benefit. Below are the sectors and stocks that experienced an uptick during the budget announcement.

Agriculture Reforms Boost Fertiliser Stocks

A major step announced in the budget was the establishment of a large-scale urea production plant in Assam, with an annual capacity of 12.7 lakh metric tonnes.

“The government will undertake Dhan Dhanya Yojana in partnership with the state, to enhance productivity, crop diversification, augment post-harvest storage, improve irrigation, facilitate short and long-term credit to help 1.7 crore farmers,” Finance Minister Nirmala Sitharaman said.

Following the announcement, shares of agri-related companies surged between 2%-9%. The stock of National Fertilizer went as high as ₹113.35 per share, and Chambal Fertilizers & Chemicals touched an intraday high of ₹513.85. While, Gujarat State Fertilizers went up to ₹211.99 per share.

Focused Scheme Boosts Footwear, Leather Sector Stocks

In her Budget 2025 speech, Finance Minister Nirmala Sitharaman introduced a targeted product scheme for the footwear and leather sectors. The scheme is expected to generate employment for 22 lakh people, achieve a turnover of ₹4 lakh crore, and drive exports exceeding ₹1.1 lakh crore, as stated by the FM.

Stocks such as AKI India, Bata India, Bhartiya International, Campus Activewear, and Liberty Shoes experienced gains of up to 6%.

Broadband Connectivity Boost Helps Telecom Stocks

In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman emphasised a major initiative to enhance broadband connectivity in schools nationwide. The government plans to utilise the BharatNet project to extend high-speed internet to educational institutions, providing digital access to students in even the most remote areas

Following the announcement, stocks such as HFCL, Bharti Airtel,Vodafone Idea, and Tejas Networks saw notable movement.

Auto Stocks Surge Following Budget 2025 on EV Focus

Auto stocks saw a surge after the Union Budget 2025 introduced measures to accelerate electric vehicle (EV) adoption and strengthen infrastructure. Finance Minister Nirmala Sitharaman unveiled several initiatives aimed at developing an ecosystem for solar PV cells and EV batteries, boosting investor sentiment and driving gains in major auto stocks.

Maruti Suzuki’s share price jumped over 6%, benefiting from the Budget’s EV-centric incentives, while Mahindra & Mahindra (M&M), Hyundai Motor India, and Tata Motors saw increases ranging from 1-3%.

Renewable Stocks Rise on National Manufacturing Mission

Renewable energy stocks saw a significant boost as the industry welcomed the government’s support for local manufacturing through the announcement of the National Manufacturing Mission in the Union Budget 2025-26.

Stocks in the sector climbed by approximately 5%, with companies like Waaree Energies, Inox Wind, NTPC Green, JSW Energy, NHPC, and SJVN rising by 2-5%. Finance Minister Nirmala Sitharaman introduced the National Manufacturing Mission to promote clean technology manufacturing, focusing on the domestic production of EV batteries and solar panels.

Nuclear Energy Boost Lifts Stocks in Related Sectors

Shares of BHEL, Hindustan Construction Company, L&T, Walchandnagar Industries, Thermax, KSB, and Kirloskar Brothers surged by up to 12% following the announcement of a ₹20,000 crore allocation for the Nuclear Energy Mission in Union Budget 2025.

The mission, aimed at supporting Viksit Bharat, envisions the development of 100 gigawatts (GW) of nuclear power by 2047. To foster private sector involvement, amendments will be made to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act.

Textile Stocks Surge on Cotton Productivity Boost

Ambika Cotton Mills saw the largest gain, with its shares rising 9% to ₹1,630. Other textile stocks also experienced gains, with KPR Mills increasing by nearly 4%, while Vardhman Textiles and Arvind saw rises of 2% and 4%, respectively.

Shares of textile companies surged up to 9% during the special Budget session on Saturday after Finance Minister Nirmala Sitharaman announced a 5-year mission to enhance cotton productivity. The focus on promoting extra-long staple (ELS) cotton varieties is expected to provide substantial support for the sector.

Rail Infrastructure Boost Drives Growth in Railway Stocks

The Economic Survey, presented yesterday, outlined the addition of 17 new pairs of Vande Bharat trains to the network, along with the production of 228 coaches between April and October 2024.

Among the key beneficiaries, Jupiter Wagons saw a significant jump of nearly 7.3%, closing at ₹430.70, pushing its market capitalisation to over ₹18,000 crore. Titagarh Rail Systems also saw a surge of more than 6.5%, reaching ₹1,087, with its market valuation approaching ₹15,000 crore. The survey emphasised the government’s ongoing commitment to enhancing rail infrastructure.

 

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.

India’s Forex Reserves Rise by $5.57 Billion to Reach $629.55 Billion as of Week Ending Jan 24, 2025

India’s foreign exchange reserves rose by $5.57 billion to $629.55 billion in the week ending January 24, 2025, following a previous decrease. Key components like foreign currency assets and gold reserves saw increases, the Reserve Bank of India data showed on Friday.

Uptick in Forex Reserves

India’s foreign exchange reserves saw an increase of $5.57 billion, reaching $629.55 billion during the week ending January 24, 2025, as reported by the Reserve Bank of India (RBI).

This rise follows a decline of $1.888 billion in the prior week, which brought reserves down to $623.98 billion.

Factors Driving Reserve Growth

The increase in reserves was largely due to a rise in foreign currency assets, which grew by $4.75 billion, totalling $537.89 billion. Gold reserves also experienced an uptick, adding $704 million to reach $69.65 billion.

Special Drawing Rights (SDRs) increased by $79 million to $17.86 billion, while India’s reserve position with the International Monetary Fund (IMF) rose by $33 million to $4.15 billion.

These fluctuations in reserves are largely driven by market interventions by the RBI, aimed at reducing volatility in the rupee, along with the effects of currency revaluation. Despite recent challenges, India’s reserves remain significantly higher than the all-time peak of $704.88 billion reached in September 2024.

This uptick in reserves reflects the RBI’s efforts to stabilise the currency and maintain market liquidity amidst ongoing global economic fluctuations.

 

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.

Stocks That Hit Circuit Limits On January 31, 2025, ITC Hotels, Kiri Industries and More

On January 31, 2025, BSE Sensex closed 0.97% higher at 77,500.57, while Nifty50 gained 1.11% to 23,508.40. Amidst the market upturn, stocks like ITC Hotels, Kiri Industries and Wockhardt hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Lower Circuit on January 31, 2025

Company Name LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
Onesource Specialty Pharma 1,551.55 -4.44 5 85.29 1,321.60
ITC Hotels 162 -0.77 5 220.54 352.32
Orient Technologies 433.5 -1.78 5 16.48 70.44
Vakrangee 23.94 -10.03 10 260.3 64.68
Shakti Pumps (India) 942.1 -0.08 5 6.05 55.58

Stocks That Hit Upper Circuit on January 31, 2025

Company Name LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
Suzlon Energy 58.17 5 5 1,114.99 644.68
Wockhardt 1,416.90 10 10 17.65 249.09
Kiri Industries 625.3 7.48 10 32.12 202.72
Sagility India 49.8 4.36 5 102.63 50.89
Sky Gold 337.05 5 5 12.12 40.73

Overview of Companies Hitting Circuits Today

1. ITC Hotels Limited

ITC Hotels stock closed at ₹162.00, marking a decline of ₹1.25 or 0.77%. The stock’s trading range during the day was narrow, with the lowest point matching the opening price of ₹155.1. The highest point of the day reached ₹167.9, showing slight volatility.

2. Shakti Pumps (India) Limited

Shakti Pumps (India) stock closed at ₹942.10, showing a minor decline of ₹0.80 or 0.08%. The stock’s trading range was quite wide, with the lowest point of ₹895.75 observed during the day. The highest value the stock reached today was ₹950.

3. Suzlon Energy Limited

Suzlon Energy Limited’s stock closed at ₹58.17, reflecting a gain of ₹2.77 or 5%. The stock’s trading range for the day was narrow, with the lowest value recorded at ₹56.55 and the highest at ₹58.17, suggesting minimal volatility with a strong upward movement.

4. Wockhardt Limited

Wockhardt Limited’s stock closed at ₹1,416.90, showing a significant increase of ₹128.8 or 10%. The trading range for the day was between ₹1,353.25 and ₹1,416.90, with the highest point being ₹1,416.90.

5. Kiri Industries Limited

Kiri Industries Limited’s stock closed at ₹625.30, marking an increase of ₹43.50 or 7.48%. The stock exhibited strong performance with a day’s low of ₹584.6 and a high of ₹639.95.

 

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

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

Upcoming Bonus Shares in February 2025: Redtape, Thinkink Pictures and More

Bonus shares are extra shares given to existing shareholders at no additional cost, depending on the number of shares they already hold. Companies typically issue bonus shares as a way to distribute accumulated profits or reserves, serving as a sign of the company’s financial stability and growth potential.

For example, with a 1:1 bonus issue, a shareholder will receive one extra share for each share they own. So, if an investor holds 50 shares, they would get 50 additional bonus shares. While this action increases the total share count, which may lower the stock price, it allows shareholders to own more equity in the company.

In this article, we highlight the stocks that are offering bonus shares in February 2025.

List of Bonus Issues in February 2025

Company Bonus Ratio Announcement Date Record Date
Redtape 3:1 26 December, 2024 4 February, 2025
Thinkink Pictures 2:1 16 December, 2024 5 February, 2025
Sangam Finserv 4:1 14 December, 2024 7 February, 2025

 

Overview of the Companies Issuing Bonus Shares in February 2025

  • Redtape

Redtape announced a 3:1 bonus issue on December 26, 2024, with the ex-date on February 4, 2025.

Redtape, a global footwear and apparel company, declared an interim dividend of ₹2 per share on December 20, 2024, with the ex-dividend date set for January 3, 2025. The company has no history of issuing bonus shares.

  • Thinkink Pictures

Thinkink Pictures, an entertainment company, declared a 2:1 bonus issue on December 16, 2024, with the ex-date on February 5, 2025.It has no history of issuing bonus shares. However, the company has declared dividends on two occasions recently.

On March 15, 2024, Thinkink announced an interim dividend of ₹0.10 per share, with the ex-dividend date scheduled for March 28, 2024. In addition, a final dividend of ₹0.15 per share was declared on May 8, 2023, with the ex-dividend date set for September 21, 2023.

  • Sangam Finserv

Sangam Finserv, a Non-Banking Finance Company, announced a 4:1 bonus issue on December 14, 2024, with the ex-date on February 7, 2025. It has no history of issuing bonus shares. However, the company has declared dividends in the past.

On May 30, 2018, it announced a final dividend of ₹1.2 per share, with the ex-dividend date set for September 19, 2018. Additionally, a final dividend of ₹1 per share was declared on June 1, 2017, with the ex-dividend date on September 20, 2017.

 

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.

RBI Ombudsman Reports Surge in Banking Complaints: Here’s How to Address Your Issues

Complaints to RBI Ombudsman rise 32.81% from April 2023 to March 2024, with loan-related grievances topping the list. Online complaints dominate, reflecting customer awareness. The RBI addressed fairness in loan interest practices.

Loans and Advances at the Center of Complaints

The RBI Ombudsman Scheme saw a significant rise in complaints during the 2023-24 period, with a 32.81% increase in banking grievances. A total of 9.34 lakh complaints were filed, suggesting a surge in customer dissatisfaction or greater awareness of the Ombudsman service.

The most common complaints, accounting for 29.01% of all grievances, were related to loans and advances. These issues saw an increase of 42.70% compared to the previous year, signalling growing concern over loan-related services.

Rising Complaints in Digital Banking and Credit Cards

Complaints related to mobile and net banking rose by 32.61%, and credit card grievances increased by 23.95%, highlighting a rising demand for transparency and better service in these areas.

Nearly 65% of complaints filed with the RBI Ombudsman during this period were submitted online. This shift indicates that customers are increasingly turning to digital platforms to resolve their issues with banks and financial institutions.

Senior Citizens at the Forefront of Complaints

Senior citizens and individuals, especially, have become increasingly vocal in lodging complaints, with a notable rise of 24.09% in complaints from this demographic between 2022-23 and 2023-24.

The RBI has uncovered instances of unfair practices by some banks, such as prematurely charging interest and collecting payments incorrectly, which contributes to customer dissatisfaction.

Efficient Resolution with High Disposal Rates

The Ombudsman offices resolved 2.84 lakh complaints in 2023-24, achieving a high disposal rate of 95.10%. A majority of the complaints resolved were settled amicably, demonstrating the effectiveness of the scheme in resolving disputes.

Most complaints were directed against public sector banks, accounting for 38.32% of all issues. However, private sector banks also contributed significantly, making up 34.39% of total grievances.

How to Register a Grievance With the RBI Ombudsman?

The RBI’s Integrated Ombudsman Scheme applies to institutions regulated by the central bank, including scheduled commercial banks, urban cooperative banks, non-banking financial companies (NBFCs), and non-scheduled primary co-operative banks with deposits exceeding ₹50 crore.

You have several options for filing a complaint with the ombudsman. You can submit your complaint online via the RBI website. Alternatively, you can call the toll-free number 14448 for assistance, or physically mail the completed form to the ‘Centralised Receipt and Processing Centre’ located in Chandigarh.

Conclusion

The significant rise in complaints to the RBI Ombudsman reflects a growing awareness among customers about their rights and avenues for resolution. With a high disposal rate and accessible complaint-filing methods, the Ombudsman Scheme continues to be an effective tool in addressing and resolving banking issues. Customers are encouraged to use these channels to ensure their grievances are heard and resolved promptly.

 

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.

USD/INR: Indian Rupee Slips to Record Low on January 31, 2025, US Tariff Concerns Weigh

The Indian rupee falls to an all-time low of 86.65 per dollar due to fears over US tariffs. As per news reports, while the RBI intervenes, concerns over foreign outflows and the upcoming federal budget add pressure.

Asian Currencies Decline

The dollar’s strengthening further pressured Asian currencies, including the rupee. Trump’s statements on imposing tariffs on Canada, Mexico, and potentially China have raised concerns, pushing the rupee to surpass its previous low of 86.6475 earlier in the month.

As per news reports, state-owned banks were seen offering dollars, likely on behalf of the Reserve Bank of India (RBI), helping to curb the rupee’s decline.

Along with tariff concerns, the rupee has been weighed down by persistent foreign portfolio outflows, with nearly $9 billion sold by foreign investors in January. The rupee has depreciated about 1.2% in January, underperforming its regional peers.

Budget and Global Trade Developments Driving Volatility

The Indian rupee’s short-term movement will be influenced by key upcoming events, including India’s Union budget and any developments related to US trade tariffs.

Additionally, the dollar-rupee forward premiums edged higher in anticipation of the RBI’s $5 billion dollar/rupee buy-sell swap auction. Bankers expect strong interest from corporate treasuries, with most forecasting that the premium cut-off for the auction will be near current levels.

Overall, the rupee’s outlook depends heavily on both domestic factors like the federal budget and external factors such as global trade developments.

Crude Prices Show Mixed Trends

Brent crude futures for March, which expire on Friday, rose by 61 cents to $77.48 a barrel, while the more active April contract increased by 48 cents to $76.37 a barrel. US West Texas Intermediate (WTI) crude also saw a 65-cent gain, reaching $73.38.

For the week, Brent is on track to decline by 1.3%, and WTI has dropped by 1.69%. However, in January, Brent is expected to rise by 3.8%, marking its strongest month since June, while WTI is set to increase by 2.3%.

 

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.

H.M. Electro Mech Shares Debut at ₹81 on BSE SME, 8% Above IPO Price

H.M. Electro Mech shares debuted at ₹81 on BSE SME, an 8% premium over the ₹75 issue price. The IPO saw an oversubscription of 91.75 times, with strong interest from retail and institutional investors.

Listing Details

H.M. Electro Mech made a solid market debut on January 31, 2025, with shares listing at ₹81 on the BSE SME platform, a premium of 8% over the issue price of ₹75.

The company’s initial public offering (IPO) successfully raised ₹27.74 crore, with a price band of ₹71-75 per share. The IPO saw tremendous investor demand, closing 91.75 times oversubscribed.

IPO Details

The offering, which ran from January 24 to January 28, 2025, had retail investors bidding 95.55 times the available shares, while the non-institutional investor category was subscribed 183.65 times.

Qualified Institutional Buyers also showed significant interest, with their quota oversubscribed 16.01 times.

The net proceeds from the public offer will be used for working capital requirements and general corporate purposes.

About H.M. Electro Mech

Founded in 2003, H.M. Electro Mech focuses on turnkey infrastructure projects, particularly in electrification for Indian Railways, and EPC projects involving water supply systems.

H.M. Electro Mech initially focused on infrastructure projects related to water supply systems, particularly those involving pumping machinery and related components for water and wastewater management.

Over time, the company expanded its scope into electrification projects for Indian Railways, nationalised banks, and municipal corporations.

Company’s Ongoing Project Portfolio

More recently, it has entered the Engineering, Procurement, and Construction (EPC) sector, which includes projects like laying cross-country pipelines and performing civil works.

These projects also encompass the construction of water treatment plants (WTP), pump houses, diesel generators, panel rooms, and systems for instrumentation and PLC-SCADA.

For its EPC projects, H.M. Electro Mech collaborates with other companies to handle the civil construction aspects.

Since 2018, the company has completed 16 projects valued at ₹132 crore. At present, it is engaged in 37 ongoing projects with a combined worth of ₹410 crore. Of these, it expects to recognise ₹227 crore in revenue by September 2024.

For the financial period ending September 2024, the company reported total revenues of ₹45 crore and a net profit of ₹3.33 crore.

 

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.