HFCL Limited has achieved a significant milestone by securing an Advance Work Order (AWO) worth approximately ₹2,501.30 crores from Bharat Sanchar Nigam Limited (BSNL).

Post the announcement, on January 17, 2025, HFCL share price opened at ₹106.00, up from its previous close of ₹102.34. At 9:44 AM, the share price of HFCL was trading at ₹104.58, up by 2.19% on the NSE.

Details of the Order

The order is for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for BharatNet Phase III in the Punjab Telecom Circle. This ambitious project aligns with the Government of India’s ‘Digital India’ vision, aimed at bridging the digital divide and ensuring equitable internet access in rural and underserved regions.

The BharatNet Phase III initiative is one of India’s most impactful digital infrastructure projects, seeking to connect over 6,40,000 villages with high-speed internet. The project aims to deliver a minimum of 100 Mbps bandwidth at each gram panchayat (GP), covering over 2,50,000 GPs nationwide. HFCL’s role in this project is crucial, as the company will implement the initiative under the Design Build Operate and Maintain (DBOM) model, showcasing its expertise in large-scale telecom solutions.

The financial structure of the project reflects a well-defined approach. The total project value includes a capital expenditure (Capex) of ₹1,244.61 crores, operational expenditure (Opex) of ₹746.76 crores for the newly constructed network, and Opex of ₹509.94 crores for the existing network.

The project’s construction phase is expected to be completed in three years, followed by a 10-year maintenance period. During the maintenance phase, the contract stipulates an annual Opex of 5.5% of the Capex for the first five years and 6.5% for the subsequent five years.

By bridging the connectivity gap in rural areas, BharatNet Phase III is set to foster socio-economic growth and create a digitally empowered India.

About HFCL Limited

HFCL Ltd (Himachal Futuristic Communications Limited) is a multifaceted telecom infrastructure provider, specialising in telecom infrastructure development, system integration, and the production and supply of advanced telecom equipment, optical fibre, and optic fibre cables (OFC).

 

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.

G R Infraprojects Limited has announced a significant development, informing the exchanges about its acquisition of Bijapur REZ Transmission Limited (BRTL) from PFC Consulting Limited (PFCCL).

Details of the Acquisition

The acquisition was formalised through a Share Purchase Agreement, making BRTL a wholly-owned subsidiary of G R Infraprojects Limited. The acquisition was completed at a price of ₹11,40,00,588, with the company purchasing 10,000 equity shares, each valued at ₹10, through itself and six nominees.

This acquisition is a crucial step for G R Infraprojects Limited as it aligns with the company’s strategic plan to execute the “Transmission Scheme for Integration of Bijapur REZ” in Karnataka.

The project, awarded through a Letter of Intent (LOI), involves establishing a 400/220 kV pooling station with a capacity of 5×500 MVA near Bijapur (Vijayapura) in Karnataka. The scheme also includes a 400 kV double-circuit transmission line connecting Bijapur PS to Raichur New, the installation of two 400 kV line bays, and two 125 MVAr 420 kV bus reactors at Bijapur PS.

This acquisition is a key requirement under the Request for Proposal (RFP) conditions for undertaking the project. It strengthens G R Infraprojects Limited’s footprint in the energy infrastructure sector while contributing to the integration of renewable energy zones (REZ) in Karnataka.

On January 17, 2025, G R Infraprojects share price (NSE: GRINFRA) opened at ₹1,331.00, touching the day’s high at ₹1,344.80, as of 9:40 AM on the NSE.

About G R Infraprojects Limited

G R Infraprojects Ltd is an integrated road Engineering, Procurement, and Construction (EPC) company with experience in designing and constructing various road/highway projects across 15 states in India. It primarily undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road 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.

One MobiKwik Systems Limited has announced a strategic partnership with Piramal Capital & Housing Finance Ltd (Piramal Finance) to offer personal loans to MobiKwik customers.

Details of the Collaboration

This collaboration aims to enhance access to affordable credit, addressing the diverse financial needs of individuals across India.

Through this partnership, MobiKwik users can now seamlessly apply for personal loans directly via the platform. These loans are designed to cater to a wide range of financial requirements, such as funding education, covering medical expenses, financing travel, and other personal needs. The initiative highlights both companies’ commitment to improving financial inclusion by leveraging digital innovation.

The personal loan offering is accessible to MobiKwik app users across India, with loan amounts ranging from ₹50,000 to ₹2,00,000. Eligible users must have a monthly income of at least ₹25,000 and fall within the age bracket of 23 to 55 years. Loan tenures are flexible, starting at six months and extending up to 24 months, making it a convenient option for customers seeking short- to medium-term financial solutions.

This partnership aligns with MobiKwik’s mission to drive financial inclusion by introducing innovative credit products. It represents a significant step toward making credit more accessible and affordable for customers nationwide.

Commenting on this partnership, the Co-Founder and MD of MobiKwik, Bipin Preet Singh, stated, “At MobiKwik, we have always strived to empower our customers with innovative financial products. Our partnership with Piramal Finance marks a significant step towards addressing the credit needs of millions of Indians. By combining Piramal Finance’s expertise in financial services with MobiKwik’s digital platform, we are confident of creating a seamless experience for our users.”

On January 17, 2025, MobiKwik share price opened at ₹477.00, touching the day’s low at ₹467.35, as of 9:33 AM on the NSE.

 

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.

In the competitive world of IT services, Tata Consultancy Services (TCS) and HCL Technologies (HCLTech) have emerged as two major players. As they continue to expand their global footprint, these companies have shown resilience and growth despite a challenging macroeconomic environment. In this article, let’s look into the financial results for Q3 FY2025.

TCS: Q3 FY 2025 Highlights

The company has reported strong financial performance for the quarter ended December 31, 2024. The company achieved a revenue of ₹63,973 crore, reflecting a 5.6% year-on-year (YoY) growth and a 4.5% increase in constant currency terms. Operating margin stood at 24.5%, with a slight decline of 50 basis points YoY but a sequential improvement of 40 basis points. Net income reached ₹12,380 crore, marking a 5.5% YoY increase, with a net margin of 19.4%.

TCS reported net cash from operations at ₹13,032 crore, representing 105.3% of net income. The company maintained a workforce of 6,07,354 employees, with a low attrition rate of 13.0% in its IT services segment. TCS also remains committed to diversity, with women comprising 35.3% of its workforce.

Notably, the company declared a dividend of ₹76.00 including a special dividend of ₹66 per share, with a record date of January 17, 2025.

Deals and Partnerships

TCS partnered with Landis+Gyr to integrate its TCS Clever Energy™ with smart metering solutions for enhanced energy management. The company extended its partnership with Telenor Denmark for IT infrastructure services, improving operational costs. TCS was selected by the Bank of Bhutan to modernise its digital core using the TCS BaNCS™ Global Banking Platform. Additionally, TCS signed a multi-year deal with Air France-KLM to become the most data-centric airline group globally. Apart from these, there were several other developments at the company during the quarter.

On January 15, 2025, TCS share price opened at ₹4,218.00, touching the day’s low at ₹4,207.45, as of 11:59 AM on the NSE. The market cap of the company stood at ₹15,29,148.51 crore.

HCL Technologies: Q3 FY 2025 Highlights

HCL Technologies has reported robust financial results for the quarter ended December 31, 2024. The company achieved INR revenue of ₹29,890 crore, marking a 3.6% sequential growth and a 5.1% year-on-year (YoY) increase. EBIT stood at ₹5,821 crore, which is 19.5% of revenue, reflecting a growth of 8.6% QoQ and 3.7% YoY. Net income (NI) reached ₹4,591 crore, or 15.4% of revenue, up 8.4% QoQ and 5.5% YoY.

In celebration of its 25 years of public listing, HCL declared a 4th interim dividend of ₹18 per equity share, which includes a special dividend of ₹6 per share. The record date for the payment of the interim dividend is January 17, 2025, and the payment date is January 24, 2025.

The company’s workforce grew to 2,20,755 with a net addition of 2,134 employees. For FY25, HCL expects revenue growth of 4.5%-5.0% YoY in constant currency (CC) and EBIT margin between 18.0%-19.0%.

Deals and Partnerships

HCLTech expanded its strategic partnership with a US-based tech company for AI-driven contact centre transformation. It was selected by a Europe-based biopharma major to establish a digital hub with GenAI capabilities. A leading US financial services firm chose HCLTech to accelerate cloud migration, while a global EV charging leader selected HCLTech for enhancing customer applications and engineering functions. Additionally, a Japan-based conglomerate appointed HCLTech for a digital transformation and asset management platform. Similarly, there were several other business developments at the company.

On January 15, 2025, HCLTech share price opened at ₹1,836.00, touching the day’s high at ₹1,843.55, as of 12:52 PM on the NSE. The market cap of the company stood at ₹4,94,579.03 crore.

TCS vs HCL

Both TCS and HCL Technologies reported strong financial performances in Q3 FY 2025, showcasing consistent growth and strategic expansion. While TCS led with higher revenue and net income, HCL demonstrated impressive sequential and YoY growth, with strong profit margins. Each company continues to strengthen its market position through significant partnerships and innovative solutions, marking a competitive landscape in the tech 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.

Olectra Greentech Ltd has been in focus on Wednesday. On January 15, 2025, Olectra Greentech share price (NSE: OLECTRA) opened at ₹1,409.00, down from its previous close of ₹1,435.95. At 11:20 AM, the share price of Olectra Greentech was trading at ₹1,389.10, down by 3.26% on the NSE. Notably, the stock price touched its 52-week low recently on January 13, 2025, at ₹1,240.00.

Q2 FY 2025 Financial Highlights

For Q2 FY25, the company reported a total income of ₹52,618.84 lakh, a significant increase compared to ₹31,028.36 lakh in Q2 FY24. For the first half of FY25 (H1 FY25), total income reached ₹84,318.48 lakh, up from ₹52,750.56 lakh in H1 FY24.

Net profit after tax for Q2 FY25 stood at ₹4,765.29 lakh, a substantial rise from ₹1,857.92 lakh in Q2 FY24. In H1 FY25, net profit amounted to ₹7,190.61 lakh, a notable increase from ₹3,665.16 lakh in H1 FY24.

About Olectra Greentech Ltd

Olectra Greentech Limited was founded in 2000. The company specialises in the production of composite polymer insulators and electric buses. Olectra Greentech Limited is headquartered in Hyderabad.

 

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.

Network18 Media & Investments Limited released its financial results for the quarter ended December 31, 2024.

Q3 FY 2025 Financial Highlights

The News Business recorded an operating revenue of ₹476 crore in Q3 FY25, reflecting a 2% year-on-year (YoY) growth compared to ₹469 crore in Q3 FY24. For the nine months ended December 31, 2024 (9M FY25), operating revenue stood at ₹1,374 crore, marking a 7% YoY increase from ₹1,283 crore in 9M FY24.

During Q3 FY25, operating expenses grew by 4% YoY, leading to lower EBITDA for the quarter. However, for 9M FY25, EBITDA improved significantly, driven by a 7% revenue growth compared to a 4% rise in costs.

Business Developments

Moneycontrol Pro achieved a significant milestone, surpassing 1 million paid subscribers, further cementing its status as India’s leading subscription-based financial intelligence platform. Additionally, Moneycontrol’s fintech business scaled up rapidly as a lending service provider.

The company’s TV News network share improved by 110 basis points (bps) quarter-on-quarter (QoQ), maintaining its leadership in key markets. Notably, News18 Lokmat emerged as the #1 Marathi news channel, a remarkable turnaround over the past year.

Viacom18 completed its merger with Star India on November 14, 2024, creating one of India’s largest broadcasting and digital streaming companies. Network18 holds a 6.3% effective economic interest in the joint venture through its stake in Viacom18.

Commenting on the performance, the Chairman of Network18, Mr Adil Zainulbhai, said, “The restructuring of the business is now complete, simplifying the corporate structure for all our stakeholders. We are pleased with the progress made on the operating front, especially the manner in which our television network is growing. Having established leadership positions in national markets, we are now focused on select regional markets for driving the next phase of growth. Our Digital business is also gaining momentum, and we are harnessing the combined strength of our platforms to deliver a superlative and seamless experience to our consumers.”

On January 15, 2025, Network18 Media & Investments share price (NSE: NETWORK18) opened at ₹61.31, touching the day’s low at ₹60.60, as of 9:40 AM on the NSE.

 

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.

IDBI Bank Ltd has been in focus on Wednesday. On January 15, 2025, IDBI share price opened at ₹74.90, down from its previous close of ₹77.90. At 10:56 AM, the share price of IDBI was trading at ₹72.95, down by 6.35% on the NSE. Notably, the stock price touched its 52-week low recently on January 13, 2025, at ₹65.89.

Earlier this week in January 2025, IDBI Bank announced that its Board of Directors will meet on Monday, January 20, 2025, to review and approve the unaudited financial results for the quarter and nine months ended December 31, 2024, subject to a limited review by the statutory auditors.

Financial Highlights for Q2 FY 2025

For Q2 FY 2025, the bank’s net profit surged to ₹1,836 crore, reflecting a 39% year-on-year (YoY) growth and a 7% quarter-on-quarter (QoQ) increase. Net Interest Income (NII) stood at ₹3,875 crore, marking a 26% YoY growth, with a Net Interest Margin (NIM) of 4.87%, up 54 basis points YoY.

The Gross Non-Performing Assets (NPA) ratio improved to 3.68%, showing a reduction of 122 basis points YoY. Total deposits increased to ₹2,77,602 crore, up 11% YoY, while Net Advances grew by 19% YoY to ₹2,00,944 crore, reflecting the company’s healthy growth trajectory.

About IDBI Bank Ltd

IDBI Bank is involved in the business of monetary intermediation of commercial banks, saving banks, postal savings banks and discount houses.

 

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

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

On January 15, 2025, as of 12:04 PM, the BSE Sensex was up by 0.40% at 76,803.31, while the Nifty50 was up by 0.3% at 23,242.30. Among sectors, the Nifty MidSmall Healthcare dropped 1.32%.

As of January 15, 2025, 12:05 PM, the mid-day top gainers and losers are:

Mid-Day Top Gainers 

• NTPC

NTPC share price surged 4.06% after opening at ₹312.55. The stock hit the day’s high of ₹324.30.

• Power Grid Corporation of India

Power Grid share price rose 4.08% after opening at ₹295.00. The stock touched its day’s high at ₹302.50.

• Trent

Trent share price gained 3.88% after opening at ₹6,200.00. The stock touched the day’s high at ₹6,411.10.

• Maruti Suzuki India

Maruti Suzuki share price surged 2.51% after opening at ₹11,890.55. It hit a day’s high of ₹12,192.40.

• Coal India

Coal India share price rose by 2.38%. The stock opened at ₹371.90 and hit a day’s high of ₹381.45.

Mid-Day Top Losers

• Mahindra & Mahindra (M&M)

M&M share price dropped 2.70%. The stock opened at ₹3,057.10 and touched its day’s low at ₹2,957.00.

• HDFC Life Insurance Company

HDFC Life share price fell 2.18%. The share price opened at ₹604.50 and touched its day’s low at ₹584.30. The company has scheduled January 15, 2025, to announce its Q3 FY 2025 financial results.

• Shriram Finance

Shriram Finance share price dropped 2.22%. The share price opened at ₹545.00 and touched its day’s low at ₹529.10.

• Bajaj Finance

Bajaj Finance share price slipped 2.43%. The share price opened at ₹7,340.50 and touched its day’s low at ₹7,105.20.

• Bajaj Finserv

Bajaj Finserv share price slipped 2.39%. The share price opened at ₹1,721.10 and touched its day’s low at ₹1,650.00.

 

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.

Indian Overseas Bank (IOB) has been in focus on Wednesday. On January 15, 2025, IOB share price opened at ₹51.80, down from its previous close of ₹53.77. At 10:34 AM, the share price of IOB was trading at ₹49.90, down by 7.20% on the NSE.

This focus was followed by news reports stating that ahead of the upcoming Union Budget for 2025-2026, the Indian government may reduce its stake in five major Public Sector Undertaking (PSU) banks.

Q2 FY 2025 Financial Highlights

For the quarter ending September 30, 2024 (Q2 FY25), the company reported strong financial performance, with total business showing a significant year-on-year (YoY) growth of 12.2%. Total business reached ₹5,40,801 crore, up from ₹4,82,006 crore in the previous year. This growth was driven by a 13.75% increase in total deposits, which stood at ₹3,10,652 crore, as well as a 10.16% rise in gross advances, which amounted to ₹2,30,149 crore. These positive metrics highlight the company’s strong position in the market and its continued expansion.

The bank also reported substantial growth in profitability, with operating profit increasing by 26.89% YoY to ₹2,128 crore, up from ₹1,677 crore in the same period last year. Net profit saw a notable rise of 24.32% YoY, reaching ₹777 crore.

About Indian Overseas Bank

Indian Overseas Bank (IOB), founded on February 10, 1937, by Shri M.Ct.M. Chidambaram Chettyar, has a deep-rooted legacy and a robust presence in the banking sector. Nationalised in 1969, IOB now operates 3,277 branches, 3,501 ATMs, and employs 8,194 business correspondents across India. The bank also has an international presence in four countries: Singapore, Hong Kong, Thailand, and Sri Lanka, catering to over 41 million active customers.

 

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.

HDFC Life Insurance Company Limited is gaining attention on Wednesday ahead of the Q3 FY 2025 financial results announcement.

On January 15, 2025, HDFC Life share price (NSE: HDFCLIFE) opened at ₹604.50, down from its previous close of ₹600.45. At 10:16 AM, the share price of HDFC Life was trading at ₹591.45, down by 1.50% on the NSE. As of the same time, the stock touched its day’s low so far at ₹589.80.

Board Meeting Announcement

In December 2024, the company announced that its Board of Directors would convene on Wednesday, January 15, 2025, to review the unaudited financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in H1 FY 2025

The company reported an AUM of ₹3.25 lakh crore as of September 30, 2024, reflecting a 23% increase in H1 FY25. The Profit After Tax (PAT) for H1 FY25 reached ₹911 crore, marking a 15% year-on-year growth. The private sector market share in individual WRP grew by 60 bps to 16.3%, and the overall market share reached a record high of 11%.

About HDFC Life Insurance Company Limited

HDFC Life Insurance Company is involved in carrying out the business of life insurance. The company provides a wide range of individual and group insurance solutions. The company’s portfolio contains several insurance and investment products such as pension, savings, protection, etc.

 

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.