TTK Prestige Limited has announced a substantial investment of ₹500 crore over the next 3 financial years, beginning from Q4 FY 2024-25. The company’s Board of Directors has approved this investment plan, which is aimed at enhancing innovation, manufacturing, and market expansion while ensuring long-term business sustainability.

Allocation of Investment

The planned investment will be distributed across two primary areas:

• Operational Excellence: ₹200 crore will be allocated towards soft operational expenses, focusing on innovation, design, manufacturing and sourcing, logistics, and service. This expenditure aims to enhance the company’s go-to-market strategy with a clear market segmentation approach.
• Capital Expenditure (Capex): ₹300 crore will be invested in hard capital expenses to strengthen core business segments, including pressure cookers, cookware, and domestic kitchen appliances. The investment will also support targeted export clients, further expanding the company’s global footprint.

Impact on Business and Margins

The investment plan is expected to fortify TTK Prestige’s core business while fostering cost efficiencies and growth. However, the company anticipates a transient impact on operating EBITDA margins over the next eight quarters. This is due to the one-time soft investments, which may take time to translate into tangible cost savings and revenue growth.

Leveraging External Expertise

To ensure the effective execution of this strategic initiative, TTK Prestige intends to collaborate with external experts in specific domains. This approach will help optimise resources and drive efficiency in various operational and capital-intensive areas.

Share Price Performance

TTK Prestige share price was trading higher by 1.68% at ₹689.70 on NSE as of 11:56 AM on February 19, 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. 

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

In a significant step towards sustainable steel production, Neath Port Talbot Council has granted planning approval for Tata Steel UK’s Electric Arc Furnace (EAF) in Port Talbot. This project, aimed at revolutionising the UK’s steel industry, is set to commence large-scale construction this summer, with the EAF expected to be operational by late 2027. Tata Steel Limited owns Tata Steel UK. Share price of Tata Steel was trading higher by 1.23% as of 11:39 AM. 

A £1.25 Billion Investment in the Future of Steelmaking

Tata Steel UK’s £1.25 billion investment marks one of the most substantial commitments in the UK steel industry in decades. The project will modernise steel production and secure thousands of jobs while transitioning towards greener manufacturing practices. Supported by £500 million from the UK Government, the initiative will help sustain 5,000 Tata Steel UK jobs and significantly cut CO₂ emissions.

According to Rajesh Nair, CEO of Tata Steel UK, this approval is a crucial milestone in their journey towards sustainable steelmaking. “Amidst a challenging global market, this is a significant milestone for the project and we are committed to begin large-scale work on site this summer, ahead of the Electric Arc Furnace starting up from the end of 2027,” he said.

Transitioning to Low-Carbon Steel Production

The Electric Arc Furnace will replace the site’s ageing steelmaking assets, which included coke ovens, a sinter plant, and blast furnaces that were closed last year. Unlike traditional blast furnaces that rely on imported iron ore and coal, an EAF primarily melts scrap steel using electricity, reducing dependence on raw material imports.

This shift is expected to lower on-site CO₂ emissions by 90%, equivalent to 1.5% of the UK’s total direct emissions. The move aligns with Tata Steel’s broader sustainability goals, which include achieving net-zero steel production by 2045 and reducing CO₂ emissions by 30% by 2030.

A Boost for the UK’s Green Industrial Strategy

The UK Government sees this project as a key component of its industrial and environmental strategy. Business and Trade Secretary Jonathan Reynolds highlighted the deal as a major step in securing the future of Welsh steelmaking.

“This is a major step forward in securing a bright, long-term future for steel in South Wales, following the improved deal for Port Talbot’s transition we agreed with Tata Steel and the next phase of our Plan for Steel – unveiled last week. Today’s news will provide security for Port Talbot’s green steel transition and help give Welsh steelmaking the certainty it needs to drive growth and attract investment, as part of our Plan for Change.” 

Strategic Partnerships and Future Developments

Tata Steel UK has been making steady progress in its transition to sustainable steelmaking. The company recently signed a deal with construction equipment giant JCB for the supply of green steel and appointed Sir Robert McAlpine as the main works contractor for the project. Additionally, Tenova, a global metals technology leader, has been selected to supply the new furnace.

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.

Container Corporation of India Ltd (CONCOR) is a preeminent public sector enterprise under the aegis of the Ministry of Railways, specialising in multimodal logistics and containerised cargo transportation. Established in 1988, CONCOR plays a pivotal role in India’s freight movement, offering a suite of services encompassing rail and road transportation, terminal operations, and warehousing.

Project Details 

On February 18, CONCOR announced the awarding of a prestigious contract worth ₹689.76 crore to Braithwaite & Co Ltd for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis. This order, which excludes freight charges but includes GST, is slated for completion by 11th August 2026.

“It is hereby informed that the company has awarded an order for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis to M/s Braithwaite & Co. Ltd, a Government of India undertaking under the Ministry of Railways. The value of the order, ex-works and excluding freight charges (including GST), stands at ₹689.76 crore, with the deliveries to be fulfilled by 11.08.2026,” CONCOR disclosed in a regulatory filing.

Braithwaite & Co Ltd, a distinguished public sector enterprise under the Ministry of Railways, will oversee the execution of this project. CONCOR has affirmed that this transaction does not fall under related party transaction norms as per SEBI regulations, given that it transpires between two public sector entities.

CONCOR Q3 FY25 Result

CONCOR reported a 10.9% year-on-year (YoY) surge in net profit, with earnings soaring to ₹366.7 crore, up from ₹330.7 crore in the corresponding period of the previous year. However, despite the profitability uptick, the company’s revenue remained stagnant, registering a marginal contraction of 0.1% to ₹2,208.3 crore, compared to ₹2,210.6 crore in Q3 of the prior fiscal year.

On the downside, EBITDA witnessed a notable decline of 10.1% YoY, settling at ₹465 crore against ₹517.5 crore in the same quarter last year. Consequently, the EBITDA margin contracted to 21.1%, down from 23.4% YoY.

Share Price Performance

At 11:03 AM on February 19, 2025, Container Corporation of India Ltd shares traded at ₹686.25 per share 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.

Transformers and Rectifiers (India) Limited (TRIL), established in 1981 and headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer specializing in a wide range of transformers, including power, distribution, furnace, and speciality transformers. The company has a significant presence in both domestic and international markets, exporting to over 25 countries. 

Secured Order Worth of ₹166.45 Crore 

Transformers and Rectifiers (India) Limited (TRIL) has announced a major achievement, securing a significant order worth ₹166.45 Crore. This deal marks a key milestone in the company’s growth, cementing its reputation as one of the leading manufacturers of transformers in India.

The order has been awarded by Hyosung T&D India Private Limited, a prominent domestic entity. TRIL will be responsible for the supply of single-phase coupling Transformers and related work for TBCB Projects. This contract is a step forward in TRIL’s journey, reinforcing its position as a key player in India’s transformer manufacturing sector.

The project entails the supply of Single Phase Coupling Transformers for domestic implementation, with delivery scheduled within the forthcoming financial year. 

The company has confirmed that this contract is not a related party transaction, stating that neither its promoter group nor any affiliated entities have any interest in Hyosung T&D India Private Limited. TRIL emphasized that the order was obtained in the ordinary course of business, adhering to arm’s length principles and upholding the highest standards of corporate integrity.

Share Price Performance 

At 11:00 AM on February 19, 2025, Transformers and Rectifiers (India) Ltd. shares traded at ₹381.85 per share 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.

India is home to the headquarters of Infosys Ltd, a leading provider of next-generation digital services and consulting. Established in 1981, it offers cloud computing, cybersecurity, AI-powered solutions, and business transformation services to customers in a variety of industries.

Infosys Collaboration with LHG and LSY

Infosys Ltd. announced on February 18, that it has forged a strategic, long-term collaboration with Lufthansa Group (LHG) and Lufthansa Systems GmbH (LSY) to accelerate digital transformation and innovation within the aviation sector.

As part of this alliance, LSY and Infosys will establish a dedicated Global Capability Centre (GCC) in Bengaluru, designed to elevate Lufthansa Group’s software and product development. This initiative will also extend robust support for LSY’s suite of products tailored to external airline market customers.

The GCC will drive next-gen, sustainable aviation IT solutions using Infosys Topaz, an AI-first platform powered by generative AI. These innovations will enhance safety, efficiency, customer experience, and competitiveness while adapting to dynamic demand. 

In collaboration with LSY, the GCC will accelerate Lufthansa Group’s digital transformation and refine key solutions in finance, flight navigation, scheduling, and aircraft & crew operations.

Statement From Lufthansa 

Thomas Wittmann, CEO of Lufthansa Systems, said, “At Lufthansa Systems, we champion a modular approach to solutions and collaborations, ensuring adaptability and tailoring to the unique needs of each airline. This principle extends perfectly to our collaboration with Infosys. By combining our deep aviation expertise with Infosys’s global technology prowess and establishing a dedicated Global Capability Center (GCC), we are not only enhancing our one-stop-shop offerings but also accelerating the pace of digital innovation across the aviation industry.”

Statement From Infosys 

Ashiss Kumar Dash, EVP at Infosys, said “Entering into this long-term collaboration with Lufthansa Group and Lufthansa Systems demonstrates the confidence leaders in the aviation industry have in Infosys’ cutting-edge technologies and domain expertise. By leveraging our AI-readiness with Infosys Topaz and industry cloud solutions like Infosys Cobalt Airline Cloud, we will help Lufthansa Group optimise operations and enhance customer experiences, paving the way for a new era of sustainable and efficient air travel.”

Share Price and Performance 

At 11:02 AM on February 19, 2025, Infosys Ltd. shares traded at ₹1,829.95 per share 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.

Lemon Tree Hotels has signed a license agreement for a new Red Fox by Lemon Tree Hotels in Bhopal, Madhya Pradesh. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels. It is expected to start operations in FY 2027.

Property Details

The upcoming hotel will have 46 rooms, a restaurant, a meeting room, a bar, and other public areas. It will be located 17 km from Raja Bhoj Airport and 6 km from Bhopal Railway Station, with road connectivity for both public and private transport.

Lemon Tree Hotels currently operates four hotels in Madhya Pradesh and has three more in the pipeline. This addition will further expand its presence in the state.

Company Background

Lemon Tree Hotels operates across upscale, upper-midscale, midscale, and economy segments under multiple brands, including:

It has over 110 operational hotels and 90+ upcoming properties in India and internationally, including Dubai, Bhutan, and Nepal.

On the other side, Bhopal, often called the “City of Lakes,” is known for its historical sites, including Taj-ul-Masjid, Fatehgarh Fort, Bharat Bhawan, Museum of Man, and Van Vihar National Park.

Financial Performance

In Q3 FY25, Lemon Tree Hotels reported a 76.53% increase in net profit to ₹62.49 crore, while revenue from operations grew by 22.4% to ₹355.18 crore compared to the same period in the previous year.

Following the announcement, Lemon Tree Hotels’ stock price increased by 5.25% to ₹130.59 as of 10:24 AM on February 19, despite an 11.58% decline over the past month, while maintaining an 8.36% gain over the past six months.

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.

Mahindra Lifespace Developers Ltd (MLDL) has announced a cluster redevelopment project in Mahalaxmi, South Mumbai, in partnership with Livingstone Infra Private Ltd (LS). The project has a Gross Development Value (GDV) of ₹1,650 crore and is part of Mahindra Lifespaces’ expansion in Mumbai’s premium real estate segment.

As of February 19, 10:41 AM, Mahindra Lifespace Developers Ltd (MLDL) is trading at ₹351.35, up ₹4.75 (1.37%) today, but down 14.81% over the past month and 42.23% in the past year.

Location and Connectivity

The project is located in Mahalaxmi South Mumbai. It offers connectivity to business districts, essential services, and entertainment hubs. The upcoming Versova-Bandra Sea Link, expected to improve access across the city, is about 15 minutes away from the site.

Focus on Redevelopment

Mahindra Lifespaces’ Managing Director & CEO, Amit Kumar Sinha, stated that the project aligns with the company’s focus on redevelopment in Mumbai. The company plans to incorporate modern residential designs, sustainability features, and premium amenities as part of the project.

This is not Mahindra Lifespaces’ first large redevelopment project in Mumbai. Earlier this year, the company secured a ₹950 crore redevelopment deal for three housing societies in Lokhandwala, Andheri.

Redevelopment in Mumbai

Cluster redevelopment is a process where older, smaller buildings are demolished and replaced with new high-rises under regulatory approvals. Residents of the old buildings receive larger apartments in the new structure for free, while developers sell additional units. The government also benefits by selling the Floor Space Index (FSI) to developers.

In addition to the Mahalaxmi and Andheri projects, Mahindra Lifespaces recently acquired 8.2 acres in North Bengaluru for a housing project worth ₹1,000 crore.

Mahindra Lifespaces 

Mahindra Lifespaces has completed, ongoing, and upcoming residential projects covering 39.44 million sq. ft. across seven cities. It is also involved in developing 5,000 acres of industrial clusters.

The Mahalaxmi redevelopment is part of Mumbai’s broader real estate transformation, as older structures are gradually replaced with new residential developments.

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.