Stock Market (NSE, BSE) and Banks Closed Today on April 10 for Mahavir Jayanti

As per the official holiday calendar released by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), trading will be suspended on April 10. This includes trading across all segments, equity, derivatives, securities lending and borrowing (SLB), currency derivatives, and interest rate derivatives. 

Mahavir Jayanti, also known as Mahaveer Janma Kalyanak, is one of the most significant festivals in Jainism. It marks the birth of Lord Mahavir, the 24th Tirthankara of Jainism, who is revered for his teachings of non-violence, truth, and renunciation. On this auspicious occasion, banks, stock markets, and several public institutions across India will remain closed on Thursday, April 10, 2025. 

Stock Market Holiday on April 10, 2025 

April 2025 has a total of 3 stock market holidays: 

  • April 10 (Thursday) – Mahavir Jayanti 
  • April 14 (Monday) – Dr. B. R. Ambedkar Jayanti 
  • April 18 (Friday) – Good Friday 

Investors and traders should take note of these non-trading days to avoid any inconvenience related to transactions or market settlements. 

Check Stock Market Holidays 2025!

Bank Holiday Across Multiple States 

Banks are closed today on April 10, in various states, in accordance with the Reserve Bank of India’s (RBI) official holiday list. These include: 

  • Gujarat 
  • Maharashtra 
  • Karnataka 
  • Tamil Nadu 
  • Rajasthan 
  • Uttar Pradesh 
  • West Bengal 
  • Telangana 

The holiday may not be observed uniformly across all states, as bank holidays are decided based on regional customs and festivals. Hence, customers are advised to check with their local branches or bank apps for state-specific updates. 

Conclusion 

As India observes Mahavir Jayanti, financial markets and banking services in several parts of the country will take a pause. While digital banking services will remain operational, physical banking and trading activities will resume on the next working day. 

 Read more on: Best Investment for Monthly Income in India in April 2025

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. 

 

Can You Buy a ₹56,000 Phone on EMI with a ₹30,000 Credit Limit?

Buying high-value items like smartphones on EMI (Equated Monthly Installments) has become quite common. It allows you to convert a large expense into manageable monthly payments. But what if your credit limit is lower than the cost of the product?  

For instance, can you purchase a ₹56,000 phone if your credit card limit is only ₹30,000? The short answer: it depends on the type of EMI plan and the lender’s policy. 

Understanding Credit Limits and EMI Purchases 

Your credit limit is the maximum amount you can spend using your credit card. If your available limit is ₹30,000, you typically cannot make a single purchase exceeding that amount in one go. However, some banks and lenders provide flexibility when it comes to EMI purchases. 

Option 1: No-Cost EMI via Third-Party Lenders 

E-commerce platforms often partner with fintech firms or NBFCs (Non-Banking Financial Companies) to offer no-cost EMI options. These plans don’t always rely on your credit card limit. Instead, they perform a soft credit check or KYC verification and may approve the transaction based on your income and creditworthiness. 

So, if you’re buying a phone worth ₹56,000 through a third-party EMI provider, there’s a chance you’ll get approved, even if your card’s limit is just ₹30,000. 

Option 2: Credit Card EMI – Within Limit 

If you’re planning to use your existing credit card EMI facility, the transaction must generally be within your available credit limit. In this case, since your limit is ₹30,000, you wouldn’t be able to make a ₹56,000 purchase directly using EMI unless: 

  • Your bank increases your limit. 
  • You pay part of the amount upfront (like ₹26,000) and convert the remaining ₹30,000 into EMI. 

You can request a temporary or permanent credit limit enhancement from your bank. If approved, it will allow you to make the full ₹56,000 purchase using EMIs. 

Option 3: Split Payment Method 

Some platforms allow split payments, where you can pay part of the amount using one method (e.g., debit card or UPI) and the remaining through your credit card EMI. In this case, you could pay ₹26,000 upfront and put ₹30,000 on EMI. However, not all e-commerce sites or banks support this. 

Understanding EMI Impact on Your Budget 

Whichever option you choose, ensure the EMI fits comfortably within your monthly budget. For instance, if you’re buying a ₹56,000 phone using a credit card with an interest rate of 10% for a 12-month tenure, your EMI would be around ₹4,923 per month. In this case, the total interest paid would amount to ₹3,079. While opting for a longer tenure can lower your monthly EMI, it also means you’ll end up paying more in total interest. You can use EMI Calculator to calculate your EMI easily.  

Important Factors to Consider 

  • Eligibility: Lenders evaluate your credit score, repayment history, and income before approving high-value EMIs. 
  • Interest Rates: Make sure to check whether it’s a no-cost EMI or interest-bearing EMI. The latter can significantly increase your total payment. 
  • Tenure Options: Longer tenures reduce EMI burden but may increase total interest outgo. 
  • Credit Utilisation: A high credit usage ratio can impact your credit score. Try to keep your credit utilisation below 30–40%. 

Also Read: ITR Filing 2025: 5 Important Things to Do Before Filing Online. 

Conclusion 

While your ₹30,000 credit limit may not directly allow a ₹56,000 phone purchase via credit card EMI, alternative routes like third-party EMIs, split payments, or credit limit enhancement may make it possible. Always compare your options, read the terms, and ensure you can comfortably manage the EMIs over time. 

 Read more on: Best Logistics Stocks in India in April 2025

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. 

Mid-Day Top Gainers and Losers on April 9: Nestle Gains, Wipro Tanks

On April 9, 2025, at 12:00 PM, the NIFTY 50 stood at 22,414.30, down by 121.55 points (-0.54%), while the BSE Sensex dropped to 73,835.35, losing 391.34 points (-0.53%). The mid-day top gainers and losers  for the day are: 

Mid-Day Top Gainers  

Company Name  Open (₹)  High (₹)  Low (₹)  LTP (₹)  % Change 
NESTLEIND  2,283.20  2,362.60  2,272.20  2,353.00  3.41 
HEROMOTOCO  3,590.00  3,678.75  3,538.00  3,665.00  2.54 
HINDUNILVR  2,293.95  2,350.00  2,289.50  2,339.00  2.17 
POWERGRID  289.95  299.50  289.30  294.60  1.96 
TATACONSUM  1,062.00  1,088.20  1,060.05  1,087.50  1.66 

Nestle India 

Nestle India share price opened at ₹2,283.20, reached a high of ₹2,362.60, and is currently at ₹2,353.00, reflecting a 3.41% rise for the day. 

Hero MotoCorp 

Hero MotoCorp share price opened at ₹3,590.00, reached a high of ₹3,678.75, and is currently at ₹3,665.00, reflecting a 2.54% rise for the day. 

Hindustan Unilever 

Hindustan Unilever share price opened at ₹2,293.95, reached a high of ₹2,350.00, and is currently at ₹2,339.00, reflecting a 2.17% rise for the day. 

Power Grid Corporation of India 

Power Grid Corporation of India share price opened at ₹289.95, reached a high of ₹299.50, and is currently at ₹294.60, reflecting a 1.96% rise for the day. 

Tata Consumer Products 

Tata Consumer Products share price opened at ₹1,062.00, reached a high of ₹1,088.20, and is currently at ₹1,087.50, reflecting a 1.66% rise for the day. 

Mid-Day Top Losers 

Company Name  Open (₹)  High (₹)  Low (₹)  LTP (₹)  % Change 
WIPRO  240.70  242.30  234.00  236.20  -4.47 
TRENT  4,767.00  4,767.20  4,623.00  4,641.60  -2.63 
TECHM  1,290.00  1,299.95  1,264.35  1,280.45  -2.58 
INFY  1,405.05  1,409.45  1,381.90  1,395.00  -2.37 
ETERNAL  216.00  216.00  209.86  210.20  -2.32 

Wipro 

Wipro share price opened at ₹240.70, reached a low of ₹234.00, and is currently at ₹236.20, down by 4.47%. 

Trent 

Trent’s share price opened at ₹4,767.00, reached a low of ₹4,623.00, and is currently at ₹4,641.600, down by 2.63%. 

Tech Mahindra 

Tech Mahindra share price opened at ₹1,290.00, touched a low of ₹1,264.35, and is now at ₹1,280.45, reflecting a 2.58% decline for the day. 

Infosys 

Infosys share price opened at ₹1,405.05, reached a low of ₹1,381.90, and is currently at ₹1,395.00, down by 2.37%. 

Eternal (Zomato) 

Eternal share price opened at ₹216.00, reached a low of ₹209.86, and is currently at ₹210.20, down by 2.32%. 

Conclusion 

By mid-day on April 9, 2025, both NIFTY 50 and Sensex trading in the red. Wipro led the losses, while Nestle India emerged as the top gainer. 

 

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. 

 

Eternal (Zomato) Share Price Dips on April 9 Amid Leadership Exit

Eternal Limited (previously known as Zomato Ltd) has been in focus on Wednesday. On April 9, 2025, Eternal (Zomato) share price opened at ₹216.00, slightly up from its previous close of ₹215.19. At 10:24 AM, the share price of Eternal was trading at ₹211.22, down by 1.84% on the NSE. It touched its day’s low so far at ₹210.54. The market cap of the company was at ₹2,03,834.71 crore.  

The stock has been volatile since the beginning of the week. On Monday, April 7, it opened at ₹196.00 and dipped to a low of ₹194.80. Tuesday saw a rebound, with the stock opening at ₹213.19, hitting a low of ₹210.81, and closing at ₹215.19. 

Resignation of Key Executive 

Investor sentiment may have been impacted by a leadership change announced over the weekend. Eternal informed the stock exchanges that Mr. Rinshul Chandra, Chief Operating Officer of its Food Ordering and Delivery Business and a designated Senior Management Personnel (SMP), resigned from his post on April 5, 2025. 

The resignation comes at a time when Eternal is navigating brand transition and expansion strategies, making leadership stability a key focus for stakeholders. 

Q3 FY 2025 Financial Highlights  

Eternal Limited reported growth across its B2C segments in Q3 FY25, with Gross Order Value (GOV) rising 57% year-on-year (YoY) and 14% quarter-on-quarter (QoQ) to ₹20,206 crore.  

On a like-for-like basis, excluding the acquisition of Paytm’s entertainment ticketing business, the GOV growth stood at 52% YoY and 12% QoQ. Segment-wise, food delivery GOV increased by 17% YoY, quick commerce surged 120% YoY, and the going-out category, which includes events and ticketing, grew 191% YoY (or 119% YoY on a like-for-like basis). 

On the B2B front, Eternal’s Hyperpure business delivered a 95% YoY growth in revenue, with a 13% QoQ increase. The company’s consolidated adjusted revenue stood at ₹5,746 crore for the quarter, reflecting a 58% YoY and 12% QoQ growth, largely mirroring the rise in overall GOV. Additionally, Eternal’s cash reserves reached ₹19,235 crore by quarter-end, boosted by ₹8,446 crore raised through a Qualified Institutional Placement (QIP), strengthening its financial position for future expansion. 

Learn What Does Adani Enterprises Do? An Overview!

Conclusion  

Eternal Limited’s recent stock volatility reflects a mix of market sentiment driven by leadership changes and its ongoing business evolution.  

 

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. 

Jio Financial Services Share Price Dips Over 2% on April 9 Amid Launch of New Digital Loan Offering

Jio Financial Services Limited has been in focus on Wednesday. On April 9, 2025, Jio Financial Services share price (NSE: JIOFIN) opened at ₹224.00, almost the same as its previous close of ₹224.81. At 9:55 AM, the share price of Jio Financial Services was trading at ₹219.95, down by 2.16% on the NSE. It touched its day’s low so far at ₹218.75. Notably, the stock price hit its 52-week low recently on March 3, 2025, at ₹198.65.  

Launches Fully Digital Loan Against Securities Offering 

Adding to investor interest, Jio Finance Limited (JFL), the non-banking financial company (NBFC) arm of Jio Financial Services, has announced the launch of its fully digital Loan Against Securities (LAS) offering. This product enables customers to leverage their existing investments in shares and mutual funds to avail loans in a seamless, paperless manner. 

Available through the JioFinance app, this new LAS facility includes Loan Against Shares and Loan Against Mutual Funds, catering to short-term liquidity needs without forcing investors to sell their long-term holdings. Customers can avail loans of up to ₹1 crore, with interest rates starting at 9.99%, depending on the borrower’s risk profile. The maximum loan tenure is three years, and notably, there are no foreclosure charges. 

The entire loan journey—from application to disbursement—can be completed in just 10 minutes, offering unmatched convenience. This initiative reflects Jio Financial’s commitment to creating a digital-first financial ecosystem, empowering customers with efficient and accessible financial tools. 

Jio-BlackRock JV Receives ₹63 Crore Capital Infusion 

Earlier this month, Jio Financial Services and BlackRock each subscribed to 6.3 crore equity shares of ₹10 face value in their 50:50 joint venture, Jio BlackRock Asset Management Pvt. Ltd., totaling ₹63 crore. The funds will be used to support the JV’s business operations, marking another step forward in strengthening their partnership in India’s asset management space. 

Learn Which ITR Form Should Senior Citizens Use for FY 2024-25?

About Jio Financial Services Limited 

Jio Financial Services Limited (JFSL), registered with the Reserve Bank of India as a Core Investment Company (CIC), is a modern, full-stack financial services institution. It operates through a range of customer-facing subsidiaries, including Jio Finance Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited, Jio Leasing Services Limited, Jio Finance Platform and Service Limited, and Jio Payments Bank Limited. 

Conclusion  

The launch of LAS could help Jio Financial tap into a growing segment of tech-savvy retail investors seeking quick access to funds while preserving their market positions. 

 

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. 

CCI Approves Sanlam-SCCL’s 49% Stake Acquisition in Shriram AMC

The Competition Commission of India (CCI) has approved the proposed acquisition of shares in Shriram Asset Management Company Limited (SAMC) by Sanlam Emerging Market (Mauritius) Limited (SEMM) and Shriram Credit Company Limited (SCCL).  

This strategic move marks a deepening of the partnership between Sanlam Group and the Shriram Group in the Indian financial services space. 

Share Acquisition Structure 

As part of the combination, SEMM will acquire a 23% stake in SAMC through preferential allotment of equity shares. In addition, SEMM, along with SCCL, plans to acquire up to 26% of SAMC’s shares from the public through an open offer. This offer complies with the takeover regulations outlined in Section 3 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 

About the Entities 

SEMM is a Mauritius-based company and a part of South Africa’s Sanlam Group, a well-established financial services conglomerate. SEMM is already a strategic partner of the Shriram Group, holding a 40.70% stake in Shriram Capital Private Limited, the ultimate parent company of SAMC. 

SCCL, a subsidiary of Shriram Investment Holdings Private Limited, acts as the promoter and sponsor of SAMC. It is also part of the broader Shriram Group’s financial ecosystem. 

SAMC itself is engaged in the asset management business, registered with the Securities and Exchange Board of India (SEBI). While it has also received a license to offer portfolio management services (PMS), the PMS operations have not yet commenced. 

Read About Transformers & Rectifiers Reports 357% PAT Surge in FY25!

Conclusion 

This acquisition move strengthens the collaboration between Sanlam and the Shriram Group and could lead to enhanced operational synergy in asset management. The detailed CCI order is expected to follow, which will offer further clarity on conditions, if any, attached to the transaction. The deal signifies confidence in India’s asset management sector and may help SAMC scale operations in the future. 

 

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. 

 

Govt Procures 100 Lakh Cotton Bales Under MSP in FY 2024-25

In the ongoing cotton season of 2024-25, the Government of India, through its nodal agency, the Cotton Corporation of India Ltd (CCI) under the Ministry of Textiles, has made substantial progress in safeguarding farmers’ interests.  

As of March 31, 2025, CCI successfully procured 525 lakh quintals of seed cotton, equivalent to 100 lakh bales, under the Minimum Support Price (MSP) operations. 

Share in Total Cotton Arrivals and Production 

This procurement accounts for ~38% of the total cotton arrivals of 263 lakh bales, and 34% of the estimated total cotton production of 294.25 lakh bales for the season. This demonstrates the significant role of MSP operations in stabilizing the cotton market and ensuring farmer welfare. 

State-wise Procurement Highlights 

Among the cotton-producing states, Telangana led with a procurement of 40 lakh bales, followed by Maharashtra (30 lakh bales) and Gujarat (14 lakh bales). Other key contributors include: 

  • Karnataka: 5 lakh bales 
  • Madhya Pradesh: 4 lakh bales 
  • Andhra Pradesh: 4 lakh bales 
  • Odisha: 2 lakh bales 
  • Haryana, Rajasthan, and Punjab: 1.15 lakh bales collectively 

In total, an impressive ₹37,450 crore has been transferred to nearly 21 lakh cotton farmers, ensuring financial support and market stability. 

Read about: Coal Ministry Signs CMDPAs for 2 Mines, Eyes ₹106 Cr Annual Revenue.

Technology-Enabled Procurement 

To streamline the procurement process, CCI set up 508 procurement centers across the country. Embracing digital innovation, the government introduced several farmer-friendly features: 

  • On-spot Aadhaar authentication 
  • SMS notifications for real-time payment updates 
  • 100% direct bank payments via the National Automated Clearing House (NACH) 
  • Cott-Ally mobile app, supporting nine regional languages, provides farmers with MSP rates, payment tracking, and procurement center locations 
  • Blockchain technology and QR-coded bales for end-to-end traceability and transparency 

Conclusion 

The Government of India remains committed to protecting cotton farmers through a transparent and efficient MSP framework. With digital innovations and timely procurement, the CCI continues to play a vital role in empowering rural India and boosting agricultural resilience. 

 

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. 

 

Coal Ministry Signs CMDPAs for 2 Mines, Eyes ₹106 Cr Annual Revenue

In a significant stride toward boosting India’s energy self-reliance, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders of two coal blocks, Marwatola-II and Namchik West, under the 11th round of commercial coal mining auctions. 

Successful Bidders and Mine Details 

Singhal Business Private Limited secured the Marwatola-II block, while PRA Nuravi Coal Mining Private Limited emerged as the successful bidder for Namchik West. Among the two coal mines, one is fully explored, and the other is partially explored. Together, they boast a combined Peak Rated Capacity (PRC) of approximately 0.34 million tonnes per annum (MTPA) and are expected to generate annual revenue of ₹106.14 crore. 

Capital Investment and Employment Opportunities 

The operationalisation of these mines will involve a capital investment of around ₹55 crore. Moreover, these projects are expected to create approximately 460 direct and indirect jobs, thereby contributing to the socio-economic upliftment of the regions involved. 

Learn: Which ITR Form Should Senior Citizens Use for FY 2024-25?

CMDPAs Signed So Far 

With the addition of Marwatola-II and Namchik West, the Ministry of Coal has now signed CMDPAs for a total of 120 coal mines under the commercial coal mining framework. These mines collectively represent a cumulative PRC of 265.64 MTPA, with a projected annual revenue generation of ₹37,300 crore and an estimated investment of ₹39,900 crore. Furthermore, these initiatives are expected to create employment for nearly 3,59,200 individuals across India. 

Conclusion 

This development reflects the Ministry’s ongoing commitment to enhancing domestic coal output through transparent and investor-friendly auctions. By enabling large-scale employment and industrial investment, the commercial coal mining initiative is playing a vital role in supporting India’s energy independence and inclusive economic 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. 

Transformers & Rectifiers Reports 357% PAT Surge in FY25

Transformers and Rectifiers (India) Limited announced the audited standalone and consolidated financial results of the company for the quarter and financial year ended March 31, 2025. 

Annual Financial Performance (FY23–FY25) 

For FY23, the company reported a revenue of ₹1,375 crore, which declined slightly to ₹1,273 crore in FY24. However, FY25 saw a recovery, with revenue rising to ₹1,950 crore.  

In terms of operating performance, EBITDA stood at ₹118 crore in FY23, improved to ₹129 crore in FY24, and surged to ₹320 crore in FY25. This growth was also reflected in the improving EBITDA margin, which increased from 8.48% in FY23 to 10.03% in FY24 and further to 16.41% in FY25. 

Profit after tax (PAT) also showed a consistent upward trend. It rose from ₹37 crore in FY23 to ₹42 crore in FY24, and further to ₹187 crore in FY25. Correspondingly, the PAT margin expanded from 2.68% in FY23 to 3.24% in FY24, and reached 9.44% in FY25. 

Q4 FY25 Performance Highlights 

In Q4 FY25, the company reported a total income of ₹68,342 lakhs, marking an increase from ₹51,400 lakhs in Q4 FY24 and ₹56,832 lakhs in Q3 FY25. The PAT for Q4 FY25 stood at ₹9,417 lakhs, reflecting a remarkable 125% year-on-year growth compared to ₹4,193 lakhs in Q4 FY24 and a 70% quarter-on-quarter rise from ₹5,552 lakhs in Q3 FY25. 

For the full year FY25, the company achieved a total income of ₹2,05,108 lakhs, higher than ₹1,30,050 lakhs in FY24. The annual PAT surged to ₹21,658 lakhs, representing a 357% growth compared to ₹4,743 lakhs in the previous year. 

Robust Order Book and Growth Pipeline 

As of March 31, the company’s order book stood at ₹5,132 crore, reflecting a healthy pipeline of confirmed business. For FY25, the company has already recorded an order inflow of ₹4,504 crore. 

In the fourth quarter alone, the order inflow amounted to ₹2,144 crore. Additionally, inquiries under negotiation total more than ₹22,000 crore. 

Read about Vodafone Idea Allots ₹36,950 Crore in Shares to Government.

Conclusion 

Transformers and Rectifiers (India) Limited has delivered a financial performance in FY25, marked by revenue growth, expanding margins, and a rise in profitability.  

On April 8, 2025, Transformers and Rectifiers (India) share price (NSE: TARIL) opened at ₹486.00 and closed at ₹494.45, up by 4.99%. The stock price touched its day’s high at ₹494.45.  

 

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. 

Cyient Launches Semiconductor Arm to Meet Rising ASIC Demand

Cyient Limited has officially launched its wholly-owned subsidiary, Cyient Semiconductors, reinforcing its dedication to innovation in the rapidly evolving global semiconductor industry. 

Focus on Turnkey ASIC Solutions 

Building on over 25 years of semiconductor design expertise, Cyient Semiconductors will focus on scaling Application-Specific Integrated Circuit (ASIC) turnkey solutions. These solutions cater to diverse sectors such as automotive, data centers, industrial applications, and medical technologies. 

The new entity has already built high-performance teams across India, the U.S., Germany, Belgium, the Netherlands, and Taiwan, supporting both organic and inorganic growth strategies. 

Tapping Into a $2 Trillion Opportunity 

With the semiconductor market expected to grow from $600 billion to $2 trillion by 2032, Cyient Semiconductors aims to develop fabless solutions that address the surging demand for niche semiconductor capabilities. 

Read about Semiconductor Startup Calligo Technologies Secures $1.1 Million to Expand Chip Innovation.

Management Commentary  

Commenting on this development, the Executive Vice Chairman & Managing Director of Cyient, Krishna Bodanapu, said, “I am also happy to share that we have appointed Suman Narayan as the CEO of Cyient Semiconductors. Suman is an accomplished professional in the semiconductor space with a proven track record of managing large organizations, scaling semiconductor businesses, and driving digital transformation. His expertise in semiconductor products and ASIC development will be instrumental in shaping the future of Cyient Semiconductors.” 

 “India is on the cusp of a semiconductor revolution, and Cyient is well-positioned to be at the forefront of this transformation. With our deep domain expertise, we will continue to empower global and domestic clients with high-value solutions. We firmly believe that the new semiconductor subsidiary will drive next-generation innovations meeting the requirements of our customers,” said Suman Narayan, CEO of Cyient Semiconductors. 

Conclusion 

Cyient’s strong IP portfolio, global delivery capabilities, and deep-rooted client relationships position Cyient Semiconductors for sustainable, strategic growth in the global chip landscape. 

On April 8, 2025, Cyient share price opened at ₹1,160.00 and closed at ₹1,159.00, up by 3.37%. The stock price touched its day’s high at ₹1,182.60.  

 

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.