SBI Card Share Price Hits 52-Week High on Feb 14 Ahead of Interim Dividend Decision

SBI Cards and Payment Services Ltd has been in focus on Friday. On February 14, 2025, SBI Card share price opened at ₹861.00, up from its previous close of ₹859.85. At 10:54 AM, the share price of SBI Card was trading at ₹861.90, up by 0.24% on the NSE. Notably, the stock price hit its 52-week high at ₹872.00, today.

Board Meeting For Interim Dividend Declaration

Recently, on February 12, 2025, the company announced that its Board of Directors of the Company is scheduled to meet on Monday, February 17, 2025, to consider, among other matters, the declaration and payment of an interim dividend on the company’s equity shares for the financial year 2024-25.

If declared, the interim dividend will be paid to equity shareholders whose names appear in the Company’s Register of Members or as beneficial owners in the records of the Depositories as of Tuesday, February 25, 2025, which has been fixed as the Record Date for this purpose.

Financial Performance in Q3 FY 2025

In Q3 FY25, total revenue increased by 1% YoY to ₹4,767 crore, compared to ₹4,742 crore in Q3 FY24. However, PAT declined by 30% YoY, standing at ₹383 crore in Q3 FY25 versus ₹549 crore in Q3 FY24.

The Return on Average Assets (ROAA) fell to 2.4% from 4.0%, while the Return on Average Equity (ROAE) dropped to 11.5% from 19.3% in the same period last year. The company maintained a Capital Adequacy Ratio of 22.9%, with Tier 1 Capital at 17.0%.

On the business front, new account volumes grew by 7% YoY, reaching 1,175K in Q3 FY25 compared to 1,096K in Q3 FY24. Additionally, cards-in-force increased by 10% YoY, reaching 2.02 crore as of Q3 FY25, up from 1.85 crore in Q3 FY24.

 

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.

Hindalco Share Price in Focus; Q3 FY25 Profit Surges 60% YoY

Hindalco Industries Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.

On February 14, 2025, Hindalco share price opened at ₹609.00, up from its previous close of ₹602.50. At 9:58 AM, the share price of Hindalco was trading at ₹603.75, up by 0.21% on the NSE.

Q3 FY 2025 Financial Highlights

The flagship metals company of the Aditya Birla Group has reported a 60% year-on-year (YoY) rise in consolidated net profit at ₹3,735 crore for Q3 FY25. The growth was primarily driven by a strong operational performance in its India business.

Hindalco’s consolidated EBITDA grew 28% YoY to ₹8,108 crore, while its India business PAT surged 134% to ₹2,885 crore. The company also maintained financial discipline, with its Net Debt to EBITDA ratio improving to 1.33x.

The company’s Aluminium Upstream segment achieved a record EBITDA of ₹4,222 crore, marking a 73% YoY increase, supported by lower input costs and improved operational efficiencies.

The Copper business also delivered robust performance, with EBITDA rising 18% YoY to ₹777 crore, backed by strong domestic sales and higher by-product realisations.

Meanwhile, Novelis, Hindalco’s US subsidiary, reported revenue of $4.1 billion, with total rolled product shipments of 904 kilotonnes, remaining largely steady compared to last year.

In a significant achievement, Hindalco became the first Indian company to receive the Copper Mark – JDDS Accreditation for its sustainable sourcing and production practices.

Management Commentary 

Commenting on the results, the Managing Director of Hindalco Industries, Mr Satish Pai, said, During the quarter we secured critical resources for our India upstream business, enhancing our global cost leadership. Key growth initiatives, such as the alumina refinery, aluminium smelter expansion, copper smelter expansion and the FRP project, remain on track. Our strong balance sheet positions us well for the next phase of transformative growth. Our holistic ESG approach continues to gain global recognition. Hindalco is the only company to achieve a Top 1% ranking in the S&P Global Sustainability Yearbook 2025 with the highest ESG score in the aluminium sector.”

 

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

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

Afcons Share Price in Focus; Posts 35.7% YoY PAT Growth in Q3 FY25

Afcons Infrastructure Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.

On February 14, 2025, Afcons share price opened at ₹446.05, up from its previous close of ₹438.65. At 9:50 AM, the share price of Afcons Infrastructure was trading at ₹433.70, down by 1.13% on the NSE.

Afcons’ Q3 and 9M FY 2025 Financial Highlights

In Q3 FY25, Afcons reported a total income of ₹3,332 crore, reflecting a slight increase from ₹3,182 crore in Q3 FY24. For the nine-month period (9M FY25), total income stood at ₹9,635 crore compared to ₹9,837 crore in the same period last year.

The company’s EBITDA for Q3 FY25 rose to ₹448 crore, marking a 14.1% year-on-year (YoY) growth from ₹393 crore in Q3 FY24. The EBITDA margin improved by 111 basis points to 13.5%. For 9M FY25, EBITDA reached ₹1,247 crore, reflecting a 13.3% YoY increase, with a margin of 12.9%.

The company’s profit after tax (PAT) for Q3 FY25 surged by 35.7% YoY to ₹149 crore from ₹110 crore in Q3 FY24, with the PAT margin rising to 4.5% from 3.4%. PAT for 9M FY25 stood at ₹376 crore, witnessing a 23.3% growth.

Meanwhile, Afcons significantly reduced its consolidated debt to ₹2,692 crore in December 2024 from ₹3,402 crore in September 2024, strengthening its financial position.

Business Highlights

Afcons’ order book reached a record ₹38,021 crore by December 2024, supported by strong order inflows of ₹14,603 crore in 9M FY25. Additionally, the company emerged as the L1 bidder for projects worth ₹10,662 crore, reinforcing its strong revenue outlook and growth momentum.

The company’s credit rating was upgraded by Crisil, with long-term bank loans rated AA-/Stable and short-term loans rated A1+/Stable, reflecting its improved financial health.

Afcons also secured a place in the MSCI India Domestic Small Cap Index, effective February 28, 2025, enhancing its market visibility.

 

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.

Godfrey Phillips Share Price Rises 8.41%; Q3 FY25 Profit Surges to ₹31,584 Lakh

Godfrey Phillips India Limited has announced its financial results for the quarter and nine months ended December 31, 2024.

On February 14, 2025, Godfrey Phillips share price (NSE: GODFRYPHLP) opened at ₹5,499.95, up from its previous close of ₹4,999.60. At 9:40 AM, the share price of Godfrey Phillips India was trading at ₹5,420.00, up by 8.41% on the NSE.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the total income from operations stood at ₹1,89,552 lakh, compared to ₹1,48,754 lakh in the corresponding quarter of the previous year. For the nine months ended December 31, 2024, total income was ₹4,98,775 lakh.

The net profit before tax, exceptional, and extraordinary items for Q3 FY25 was ₹41,006 lakh, compared to ₹27,247 lakh in Q3 FY24, while for the nine-month period, it stood at ₹1,06,839 lakh.

The net profit after tax for Q3 FY25 stood at ₹31,584 lakh, compared to ₹21,235 lakh in the previous year’s quarter. For the nine months ended December 31, 2024, net profit after tax was ₹79,270 lakh.

About Godfrey Phillips India Limited

Godfrey Phillips India, the flagship company of the KK Modi Group, is one of the leading FMCG companies in India. It owns several iconic cigarette brands, including Four Square, Red & White, and Cavanders. Additionally, the company has an exclusive sourcing and supply agreement with Philip Morris International for manufacturing and distributing the renowned Marlboro brand in India.

 

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.

Apollo Hospitals Interim Dividend of ₹9 Record Date Tomorrow, February 15, 2025

Apollo Hospitals Enterprise Ltd’s Board of Directors has declared and approved an interim dividend of ₹9 per equity share at 180% of the face value of ₹5 each.

On February 13, 2025, Apollo Hospitals share price (NSE: APOLLOHOSP) opened at ₹6,372.25 and closed at ₹6,365.95, down by 0.13%. The stock price touched its day’s low at ₹6,344.45.

Apollo Hospitals Dividend Record Date

The company’s Board of Directors has declared an interim dividend of ₹9 per share (180% of the face value of ₹5 per share) for the financial year ending March 31, 2025. The dividend will be distributed from the company’s profits.

The record date for determining eligible shareholders is set for February 15, 2025. Shareholders whose names appear in the Register of Members/Beneficial Owners as of this date will receive the interim dividend. The payout is scheduled to be completed on or before February 28, 2025.

Apollo Hospitals Q3 FY 2025 Financial Highlights

In Q3 FY25, the company’s consolidated revenues rose 14% YoY to ₹5,527 crore. The consolidated EBITDA grew 24% YoY to ₹762 crore. Meanwhile, the consolidated PAT surged 52% YoY to ₹372 crore.

About Apollo Hospitals Enterprise Ltd

Founded in 1983 by Dr. Prathap C. Reddy, Apollo Hospitals was the country’s first corporate hospital, leading the private healthcare revolution. It stands as Asia’s leading integrated healthcare provider, with a strong presence across the healthcare ecosystem, including hospitals, pharmacies, primary care & diagnostic clinics, and various retail health models.

 

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.

Stocks To Watch Today on February 14, 2025: Nazara, United Breweries, Hindalco, Paytm & More in Focus

On Friday, February 14, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher tracking positive global market performance. Check out a few stocks that might be in focus during the trading session.

  • Nazara Technologies

Nazara Technologies reported a 53.6% decline in consolidated net profit for Q3 FY25, posting ₹13.68 crore compared to ₹29.52 crore in the same quarter last year.

  • Hindalco

Aditya Birla Group’s Hindalco reported a 60% increase in consolidated net profit, reaching ₹3,735 crore in Q3 FY25, up from ₹2,331 crore in the corresponding quarter last year.

  • Godfrey Phillips

Godfrey Phillips recorded a 49% rise in consolidated net profit, reporting ₹315.85 crore for the quarter, compared to ₹212.35 crore in Q3 FY24.

  • United Breweries

United Breweries saw a 55% drop in consolidated profit for the third quarter, with earnings falling to ₹38.52 crore from ₹85.8 crore a year ago.

  • Afcons Infrastructure

Afcons Infrastructure posted a 35.7% jump in net profit, reaching ₹149 crore for the quarter under review, up from ₹110 crore a year ago.

  • Paytm

Paytm Money, a subsidiary of One97 Communications, settled regulatory compliance issues related to SEBI’s technical glitch framework by paying a settlement amount of ₹45.5 lakh.

  • Reliance Industries (RIL)

RIL, in collaboration with The Walt Disney Company, announced the launch of JioHotstar, a joint streaming platform integrating Disney+ Hotstar and JioCinema.

 

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.

Honasa Consumer Share Price Rises 5.83%; Reports 6% YoY Revenue Growth in Q3 FY25

Honasa Consumer Limited, the parent company of Mamaearth, reported its financial results for the quarter ended December 31, 2024.

On February 13, 2025, Honasa share price opened at ₹210.00, up from its previous close of ₹204.71. At 10:14 AM, the share price of Honasa was trading at ₹216.64, up by 5.83% on the NSE. Notably, the stock price touched its 52-week low recently on February 12, 2025, at ₹197.51.

Q3 and 9M FY 2025 Financial Highlights

The company demonstrated growth, with revenue for Q3 FY25 reaching ₹518 crore, reflecting a 6.0% year-on-year (YoY) increase.

For the nine months ended December 2024, revenue stood at ₹1,533 crore, marking a 5.8% YoY growth. When adjusted for a one-time inventory correction in Q2 FY25, the revenue for 9M FY25 was ₹1,596 crore, reflecting a stronger 10.2% YoY growth.

The company’s EBITDA margin for Q3 FY25 was recorded at 5.0%, with a Profit After Tax (PAT) of ₹26 crore. For the nine-month period, the EBITDA margin stood at 2.7%, while the adjusted margin, excluding the Q2 inventory correction, was 5.9%.

Mamaearth’s Growth in Q3 FY 2025

Mamaearth continued to expand its market presence, reaching 2,16,814 FMCG retail outlets across India by December 2024, reflecting a 22% YoY increase in distribution. Mamaearth’s face wash segment gained 114 basis points (bps) in market share, while its shampoo segment recorded a 20 bps increase YoY.

The brand strengthened its position, ranking #1 online and #3 offline in the face wash category.

Quick-commerce channels saw rapid growth, increasing by over 200% YoY. Focus categories such as face wash, shampoo, serum, moisturiser, sun care, and baby care registered ~18% growth in 9M FY25 (adjusted for inventory correction).

Commenting on the performance, the Chairman and CEO & Co-founder of Honasa Consumer Limited, Varun Alagh, said, “In Q3FY25, we remained committed to long-term growth, advancing the strategic implementation of Project Neev to strengthen our offline distribution through direct distributors in the top 50 cities. With continuous progress in this journey, our revenue for Q3FY25 stood at ₹518 Cr with 6.0% YoY growth and an EBITDA margin of 5.0%.”

Speaking of their brands, he stated, “Mamaearth continued to expand its market share and household penetration as we refine our playbooks to shape its future growth trajectory. Our emerging brands – The Derma Co., Aqualogica, BBlunt, and Dr. Sheth’s – delivered 30%+ YTD YoY growth. Additionally, our key categories (face wash, shampoo, serums, moisturizer, sun care, and baby care) saw ~18% growth in 9MFY25. We are continuing to build in these categories and aim to gain a significant share in the next 3-5 years.”

He further added, “As we scale, our vision remains centred on driving disruptive innovation, deepening offline penetration, and delivering unique value propositions to consumers. We are shaping Honasa to become a house of brands that will not only lead today but also define the future of India’s beauty and personal care landscape.”

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.

New Income Tax Bill 2025: Key Changes Taxpayers Can Expect

Finance Minister Nirmala Sitharaman is set to introduce the new Income Tax Bill 2025 in the Lok Sabha today, February 13, 2025. As per the revised business list on the Lok Sabha website, the bill is expected to be introduced anytime between 11 AM and 3:30 PM. The bill, part of the Parliament’s Legislative Business, is listed as the 27th item on the agenda for today.

The new Income Tax Bill aims to simplify the existing Income Tax Act, 1961, making tax laws more accessible for the common taxpayer and reducing litigation. Since its inception, the Income Tax Act, 1961, has undergone multiple amendments through 66 Union Budgets, including two interim budgets. The proposed bill seeks to bring clarity, streamline tax provisions, and introduce reforms that impact taxpayers significantly.

Key Highlights Expected From the New Income Tax Bill, 2025

1. Introduction of the Concept of Tax Year

The bill is expected to introduce the concept of a “tax year” to resolve taxpayer confusion surrounding the assessment year and financial year. Currently, taxpayers often misinterpret these terms when filing returns and depositing taxes. The new approach may unify these concepts, ensuring clarity in income tax return (ITR) filings.

2. No Change in Financial Year

As per the news reports, despite the introduction of the tax year, the financial year will remain unchanged, continuing from April 1 to March 31. The government has decided not to adopt the calendar year system for tax purposes, ensuring consistency with global and domestic financial reporting.

3. Renumbering and Modification of Tax Sections

To enhance readability and simplify tax laws, the bill is expected to bring changes to section numbering and categorisation. For example, under the current Income Tax Act, income tax return filing is governed by Section 139, and the new tax regime falls under Section 115BAC. The new bill will likely restructure and simplify these sections, making tax compliance easier for individuals and businesses.

4. Residency Rules Remain Unchanged

As per the media reports, the new Income Tax Bill does not propose changes to residency provisions. The three existing residency categories—

  • Ordinarily resident individuals
  • Non-ordinarily resident individuals
  • Non-resident individuals

5. Simplification of Tax Deductions and Salary Components

Taxpayers may benefit from a more structured and user-friendly tax deduction system. Currently, deductions like standard deduction, gratuity, and leave encashment are scattered across different sections and rules. The new bill consolidates these deductions into a single section, making it easier for salaried employees to understand their tax liabilities.

Businesses may benefit from simplified depreciation calculations under the new framework. The bill introduces a clear formula for computing depreciation, reducing ambiguity and making tax compliance more straightforward for corporate taxpayers.

6. No Changes to Income Tax Slabs, ITR Filing Deadlines, and Capital Gains Tax

The new bill retains the existing income tax slabs, capital gains tax rules, and ITR filing deadlines, as announced in the Union Budget 2025. This decision ensures tax certainty for individuals and businesses, allowing them to plan their finances without unexpected changes.

7. Implementation Timeline: April 1, 2026

As per news reports, the new Income Tax Bill 2025 will likely come into effect from April 1, 2026, marking the beginning of FY 2026-27. This gives taxpayers ample time to understand and prepare for the new regulations before implementation.

Conclusion

The new Income Tax Bill 2025 is expected to bring greater transparency, reduce tax-related complexities, and improve compliance rates. Businesses, salaried employees, and individual taxpayers will benefit from a more structured tax framework.

As FM Nirmala Sitharaman presents the bill in Parliament today, stakeholders across industries will keenly watch its progress that may shape its final version before becoming law.

 

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.

Muthoot Finance Share Price Hits 52-Week High; PAT Up 21% YoY in Q3 FY25

Muthoot Finance Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2024.

On February 13, 2025, Muthoot Finance share price (NSE: MUTHOOTFIN) opened at ₹2,248.80, up from its previous close of ₹2,182.85. At 11:13 AM, the share price of Muthoot Finance was trading at ₹2,323.95, up by 6.46% on the NSE. Notably, the stock price touched its 52-week high today at ₹2,334.80.

Growth in Loan Assets Under Management (AUM)

Muthoot Finance achieved its highest-ever consolidated loan AUM, reaching ₹1,11,308 crore, a 34% YoY increase from ₹82,773 crore last year. The Standalone Loan AUM also saw a remarkable growth of 37% YoY, standing at ₹97,487 crore. During Q3 FY25, the consolidated loan AUM grew by ₹7,159 crore, reflecting a 7% QoQ increase.

The company reported its highest-ever Gold Loan AUM, which rose 34% YoY to ₹92,964 crore. The average Gold Loan AUM per branch reached a record high of ₹19.15 crore. Additionally, the company disbursed ₹15,723 crore to 13,70,178 new customers, marking its highest-ever gold loan disbursement to new customers in any nine-month period.

Q3 FY 2025 Financial Highlights

Muthoot Finance’s consolidated Profit After Tax (PAT) for 9M FY25 stood at ₹3,908 crore, a 19% YoY increase from ₹3,285 crore in 9M FY24. The Standalone PAT grew 23% YoY, reaching ₹3,693 crore. For Q3 FY25, the consolidated PAT rose 21% YoY to ₹1,392 crore compared to ₹1,145 crore in Q3 FY24.

With 202 tonnes of gold held as security, Muthoot Finance continues to reinforce its leadership in the gold loan market.

Commenting on the performance for the quarter, the Chairman of The Muthoot Group, Mr George Jacob Muthoot, said, “Our Consolidated Profit after Tax for 9M FY25 increased by 19% YoY to Rs. 3,908 crores. Amid favourable macroeconomic indicators, the union budget’s positive tax reform announcements are expected to start a consumption cycle, and combined with a steadfast commitment to the fiscal deficit target, the general economic outlook looks promising. Also, RBI’s focus on enhancing liquidity, and the move to slash the benchmark interest rate for the first time in 5 years, paint an optimistic outlook.”

He further stated, “In line with our vision to emerge as a diversified financial services provider, we are actively expanding our new product portfolio, including Business Loans, SME Loans, Loan against Property, and Personal Loans. These offerings complement our core Gold Loan business, providing customers with tailored financial solutions while enabling us to broaden our customer base and revenue streams. As we scale up our non-gold loan segments and enhance the contribution from subsidiaries, we are on track to grow their share to 18%-20% over the next five years. We remain committed to leveraging our strengths to drive inclusive growth and long-term value creation for all stakeholders.”

 

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.

NATCO Pharma Share Price Falls 18.67%; Announces Q3 FY25 Results & ₹1.50 Interim Dividend

NATCO Pharma Limited has been in focus on Thursday after the company announced its financial results for the third quarter of the financial year 2025.

On February 13, 2025, NATCO Pharma share price (NSE: NATCOPHARM) opened at ₹1,039.10, down from its previous close of ₹1,218.80. At 10:43 AM, the share price of NATCO Pharma was trading at ₹991.30, down by 18.67% on the NSE. As of the same time, the stock price touched its day’s low so far at ₹986.55.

Q3 FY 2025 Financial Highlights

The company reported a consolidated total revenue of ₹651.1 crore for the quarter ended December 31, 2024. This marks a decline from ₹795.6 crore recorded in the same period last year. The drop in revenue was attributed to lower contributions from the export formulation business, though NATCO remains optimistic about future growth in the upcoming quarters.

In terms of revenue segmentation, Pharma Export Formulations contributed ₹285.8 crore, while Domestic Formulations Revenue stood at ₹96.1 crore.

The company’s net profit for Q3 FY25 stood at ₹132.4 crore, compared to ₹212.7 crore in Q3 FY24.

Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the quarter stood at ₹215.1 crore, with an EBITDA margin of 33%.

NATCO Pharma Third Interim Dividend Announcement

NATCO Pharma’s Board of Directors declared a third interim dividend of ₹1.50 per equity share (75% of the face value of ₹2 per share) for the financial year 2024-25. The record date for determining eligible shareholders has been set for Tuesday, February 18, 2025. The payment of the interim dividend is scheduled to commence from February 28, 2025.

About NATCO Pharma Ltd

NATCO Pharma Limited, headquartered in Hyderabad, India, specialises in the development, manufacturing, and distribution of generic and branded pharmaceuticals, speciality drugs, active pharmaceutical ingredients, and crop protection products.

 

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.