DSP MF Declares IDCW for Passive Schemes; Set Jan 30 As Record Date

DSP Mutual Fund has announced an income distribution under the IDCW option for passive mutual fund schemes, with the record date set as January 30, 2025.

 

Here is the list of mutual fund schemes along with the amount of income distribution announced: 

 

Schemes Distribution (₹/unit)
DSP Nifty 50 Equal Weight Index Direct-IDCW 1.1
DSP Nifty 50 Equal Weight Index Reg-IDCW 1
DSP Nifty 50 Index Direct-IDCW 1
DSP Nifty 50 Index Reg-IDCW 1
DSP Nifty Midcap 150 Quality 50 Index Direct-IDCW 0.7
DSP Nifty Midcap 150 Quality 50 Index Reg-IDCW 0.7
DSP Nifty Next 50 Index Direct-IDCW 1.1
DSP Nifty Next 50 Index Reg-IDCW 1.1
DSP Nifty Smallcap250 Quality 50 Index Reg-IDCW 0.6

 

Here are brief descriptions of the DSP Mutual Fund schemes, including their objectives and benchmarks: 

 

DSP Nifty 50 Equal Weight Index Direct-IDCW

Aims to replicate the NIFTY 50 Equal Weight Index by investing in its constituent companies in the same proportion, seeking returns that align with the index’s performance. Benchmarked against the NIFTY 50 Equal Weight Total Return Index. 

DSP Nifty 50 Equal Weight Index Reg-IDCW

Shares the same investment objective as its direct counterpart, focusing on mirroring the NIFTY 50 Equal Weight Index to achieve comparable returns. Also benchmarked against the NIFTY 50 Equal Weight Total Return Index.

DSP Nifty 50 Index Direct-IDCW

Seeks to generate returns that closely correspond to the performance of the NIFTY 50 Index by investing in its constituent companies. Benchmarked against the NIFTY 50 Total Return Index.

DSP Nifty 50 Index Reg-IDCW

Aims to achieve returns similar to the NIFTY 50 Index by investing in the same proportion as the index constituents. Benchmarked against the NIFTY 50 Total Return Index.

DSP Nifty Midcap 150 Quality 50 Index Direct-IDCW

Intends to generate returns commensurate with the Nifty Midcap 150 Quality 50 Index by investing in its constituent companies, subject to tracking errors. Benchmarked against the NIFTY Midcap150 Quality 50 Total Return Index. 

DSP Nifty Midcap 150 Quality 50 Index Reg-IDCW

Shares the same objective as the direct plan, focusing on replicating the performance of the Nifty Midcap 150 Quality 50 Index. Benchmarked against the NIFTY Midcap150 Quality 50 Total Return Index.

DSP Nifty Next 50 Index Direct-IDCW

Aims to provide returns that closely correspond to the total returns of the NIFTY Next 50 Index by investing in its constituent securities. Benchmarked against the NIFTY Next 50 Total Return Index.

DSP Nifty Next 50 Index Reg-IDCW

Seeks to achieve returns similar to the NIFTY Next 50 Index by investing in the same proportion as its constituents. Benchmarked against the NIFTY Next 50 Total Return Index.

DSP Nifty Smallcap 250 Quality 50 Index Reg-IDCW

Intends to generate returns that are commensurate with the performance of the NIFTY Smallcap 250 Quality 50 Index by investing in its constituent companies. Benchmarked against the NIFTY Smallcap 250 Quality 50 Total Return Index.

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. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

The Rule of 144: How Long Will ₹2 Lakh Take to Grow into ₹8 Lakh?

Investing is not just about selecting the right stocks or funds; it is also about understanding how long it will take for your money to grow. The Rule of 144 is a handy formula that estimates the time required for an investment to quadruple based on the power of compounding.

Understanding the Rule 144

The Rule of 144 is a variation of the well-known Rule of 72, which estimates how quickly an investment doubles. Instead, the Rule of 144 provides an estimate for when your investment will become 4 times its original value.

Formula

Formula to know how much time it would take to 4x your original investment = 144 ÷ Annual Return Rate (%).

Applying the Rule: ₹2 Lakh to ₹8 Lakh

Let’s assume an investor starts with ₹2 lakh and wants it to grow to ₹8 lakh. By using the Rule of 144, we can estimate how long it will take under different return rates:

Rate of Return (%) Years Required (Approx.) Initial Investment (₹) Final Investment (₹)
8 18 2,00,000 8,00,000
10 14.4 2,00,000 8,00,000
12 12 2,00,000 8,00,000

You can also use a compound interest calculator to determine how much time it will take for your investment to grow and meet your financial objective. This tool provides a precise estimate by factoring in your initial investment, expected rate of return, and the power of compounding over time.

Final Thoughts

For those looking to grow their wealth, understanding the Rule of 144 can help in setting realistic investment goals. By choosing the right investment vehicle—be it mutual funds, stocks, or other instruments—one can ensure that their money works efficiently over time. Stay invested, remain disciplined, and let compounding do the heavy lifting!

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.

KPI Green Energy Hits Upper Circuit – Here’s Why

On Wednesday, January 29, KPI Green Energy announced that it had signed a Memorandum of Understanding (MoU) with the Odisha government to establish renewable energy parks in Ganjam. The agreement aligns with the company’s vision to expand its footprint in the renewable energy sector and contribute to a cleaner and more sustainable future.

The company stated in an exchange filing, “By signing this MoU, we demonstrate our mutual commitment to the growth of the renewable energy sector and our vision for a sustainable, clean energy future.”

Share Price Reaction to the Announcement

Following the MoU announcement, KPI Green Energy’s share price surged 5%, hitting the upper circuit as of 12:55 PM on January 29. However, despite this positive movement, the stock has seen a sharp decline of 46.83% over the last 6-month.

Recent Developments in KPI Green Energy

Earlier this month, on January 3, KPI Green Energy’s subsidiary, Drops Energia Pvt Ltd, announced that it had secured letters of intent for developing solar power projects with a total capacity of 32.15 MW under its captive power producer (CPP) business segment.

The projects have been awarded by multiple entities, including:

  • Aditya Ultra Steel
  • Suraj Dyeing & Printing
  • Sunita Processors
  • Balaji Polyester
  • Citizen Metal alloys
  • Suez Internationals
  • Vintage Tiles
  • Siddheswari Textile
  • PD & Sons
  • Hayat Enterprise
  • Meghdoot Leisure
  • Devang Paper Mill

These projects are expected to be completed in phases during FY 2025-26, based on the terms agreed upon with the respective clients.

KPI Green Financial Performance

KPI Green Energy’s total revenue for Q2 FY 2024-2025 reached ₹361.4 crore, reflecting a significant 67.4% increase compared to ₹215.9 crore in the same quarter last year. EBITDA in Q2 FY24-25 grew to ₹134.4 crore, an impressive 86.6% rise from ₹72 crore in the corresponding quarter of FY 23-24. 

Profitability was further demonstrated by a remarkable 120% increase in Profit Before Tax (PBT), reaching ₹96.6 crore, compared to ₹43.9 crore in the previous period. Profit After Tax (PAT) also increased to ₹69.8 crores, representing a 101% increase from ₹34.7 crores, in comparison with the corresponding quarter of the previous period. 

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.

WABAG Stock Surges 9% Following $14 Million Industrial Wastewater Treatment Contract

VA TECH WABAG (‘WABAG’), a global water technology company, has announced the successful acquisition of a USD 14 million (approximately ₹121 crore) contract from BAPCO Refining B.S.C. for the operation and maintenance of an Industrial Wastewater Treatment Plant (IWTP) in the Kingdom of Bahrain.

This 7-year contract is a significant addition to WABAG’s existing portfolio in the region, reinforcing its leadership in the water treatment sector. Following the announcement, the company’s stock saw a 9% surge as of 2:45 PM. 

Key Highlights of the Contract

  • Contract Value: $14 million (₹121 crore)
  • Client: BAPCO Refining B.S.C.
  • Location: Kingdom of Bahrain
  • Duration: 7 years
  • Technology Used: Advanced Membrane Bioreactor (MBR) technology
  • Capacity: 4,400 US gallons per minute (USGPM) of wastewater treatment

The state-of-the-art IWTP utilises MBR technology, ensuring high-efficiency wastewater treatment while adhering to stringent environmental and industrial standards.

Strengthening Market Position in the Middle East

This contract win further enhances WABAG’s expanding operations in Bahrain. Notably, WABAG has been successfully managing the 40 MLD Madinat Salman Sewage Treatment Plant in Bahrain since 2018, showcasing its proven expertise in the long-term operational management of water treatment facilities.

Official Statement

Mr. Srinivasan K, General Manager – Middle East Regional Headquarters (RHQ), expressed confidence in the company’s capabilities, stating: We are extremely happy to secure this Industrial Wastewater treatment operations order in the Kingdom of Bahrain. We express our gratitude to BAPCO for their trust and confidence in WABAG. This order win is a testament to our technological excellence and our unwavering commitment to delivering world-class water solutions to the oil and gas sector globally.”

About VA TECH WABAG

WABAG is a recognised global leader in water technology, delivering sustainable and innovative water solutions to municipal and industrial sectors. Operating in over 25 countries with a workforce of 1,600+ water professionals, the company has successfully developed over 1,500 water and wastewater treatment plants.

Committed to the United Nations Sustainable Development Goals (UNSDGs) and Environmental, Social, and Governance (ESG) principles, WABAG focuses on water conservation, resource optimisation, recycling, and reuse.

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.

Why SEBI Rejected Danny Gaekwad’s Plea for a Religare Open Offer?

Market regulator Securities and Exchange Board of India (Sebi) on Tuesday returned a letter by US-based entrepreneur Digvijay ‘Danny’ Gaekwad seeking permission to make a “competing open offer” for an equity stake in Religare Enterprises (REL).

Share price of Religare Enterprises was trading higher by 0.78% as of 2:20 PM on January 29, 2025. 

Religare Enterprises shared SEBI’s response with the stock exchanges, clarifying that Gaekwad’s proposal to acquire 55% of REL at ₹275 per share was not processed. SEBI stated, “The letters submitted by Digvijay Laxmansinh Gaekwad are being returned since the same is not an exemption application in terms of Regulation 11 of SEBI (SAST) Regulations, 2011.”

Why Did SEBI Reject Gaekwad’s Offer?

According to reports, SEBI did not accept Gaekwad’s offer for the following reasons:

  1. Failure to Meet Timelines: SEBI’s takeover code stipulates a 15-day window for a competing offer from the date of the initial public announcement. Gaekwad’s proposal came after this period had expired.
  2. Non-Adherence to the Required Process: The competing offer was not backed by an investment banker, which is a key regulatory requirement.

Gaekwad made his counteroffer of ₹275 per share in cash on Friday evening, just two days before the open offer of ₹235 per share by the Burman family commenced on Monday. This last-minute proposal failed to align with SEBI’s takeover code, which mandates adherence to a strict procedural framework.

Burman Family’s Response

The Burman family, which made the initial open offer on October 4, 2023, claimed that Gaekwad’s competing bid fell outside the regulatory window. Their statement clarified: “In his correspondence, he has only made a Request for Permission to the Sebi seeking their permission to make a competing open offer. Gaekwad had to make the competing offer, if at all, within 15 days from the date of public statement, which was made by the Burman Group on October 4, 2023, but he did not do so.”

This argument reinforced SEBI’s stance that Gaekwad’s request did not comply with the stipulated time-sensitive requirements.

Gaekwad’s Business Background

Danny Gaekwad is the founder of Nextgen Digital Solutions (NDS), a Microsoft Gold Partner with operations in India. NDS specialises in providing end-to-end IT solutions for small and medium-sized businesses, offering services that were traditionally accessible only to Fortune 300 companies.

Despite his strong business credentials, Gaekwad’s failure to follow SEBI’s regulatory process led to the rejection of his plea for a competing open offer for Religare Enterprises.

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.

Zepto Strategic Shift from Singapore to India Ahead of IPO

Quick commerce company Zepto has achieved a significant milestone by completing its reverse flip from Singapore to India, a move that aligns with its plans for an Initial Public Offering (IPO). This transition brings the company’s parent entity, Kiranakart Pte Ltd, under Indian jurisdiction, which is seen as a crucial step for accessing domestic capital markets – Zepto IPO.

Official Announcement and Market Significance

Zepto’s Chief Financial Officer (CFO), Ramesh Bafna, took to social media platform X (formerly Twitter) to confirm the completion of this corporate restructuring. He referred to it as a “#GharWapasi template for the startup ecosystem,” hinting at the broader implications for other India-origin companies incorporated overseas. Bafna further highlighted that this move could streamline future IPO pipelines for similar startups looking to list on Indian exchanges.

Fast-Tracked Reverse Merger

Bafna’s post referred to this as the “FastestEver” reverse merger, showcasing the efficiency with which Zepto executed the shift. He attributed the success to:

  • Deep technical understanding of corporate structuring
  • Collaboration with the right partners for execution
  • Addressing potential delays proactively
  • A well-empowered team that navigated tactical challenges in real time

The National Company Law Tribunal (NCLT) had earlier approved the merger between Singapore-based Kiranakart Pte Ltd and Kiranakart Technologies Ltd in India, clearing the way for Zepto’s new corporate domicile as a result it strengthens its prospect for Zepto IPO. 

Zepto’s Financial Performance

Zepto has been on a rapid growth trajectory. In FY24, the company recorded a more than two-fold revenue increase to ₹4,454 crore, compared to ₹2,025 crore in the previous fiscal year. Despite aggressive expansion, the firm has marginally reduced its losses to ₹1,248.6 crore in FY24 from ₹1,272.4 crore in FY23, according to a news report. 

Implications for India’s Startup Ecosystem

Zepto’s move is part of a broader trend where Indian startups are shifting their domicile back to India, especially as regulatory frameworks evolve and domestic capital markets become more attractive. With increased scrutiny on overseas incorporations and a stronger push for local listings, reverse flipping could become a preferred strategy for companies seeking IPOs 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.

Wipro ₹6 Interim Dividend: When Will You Receive It? Key Dates and Details

A dividend is a company’s way of rewarding its investors, usually paid in cash from earnings. It serves as a return on investment for shareholders, reflecting the company’s financial health and profitability.

Wipro Interim Dividend 2025: Amount Declared

Wipro has announced an interim dividend of ₹6 per share following its December quarter results. Since dividends are calculated on the face value of each share, the 300% dividend translates to ₹6 per equity share with a face value of ₹2.

As per Wipro’s exchange filing, the company stated: “Payment of interim dividend of ₹6 per equity share of par value ₹2 each to the Members of the Company.”

Wipro Interim Dividend 2025: Important Dates

Investors should take note of the following key dates regarding Wipro’s interim dividend:

  • Ex-Dividend Date: January 28, 2025
    (The date when the stock will trade without the dividend entitlement.)
  • Record Date: January 28, 2025
    (Shareholders who own Wipro shares as of this date will be eligible for the dividend.)
  • Payment Date: On or before February 15, 2025
    (The dividend will be credited to eligible shareholders through electronic transfer.)

Wipro Share Price Performance

As of January 29, 2025 (1:19 PM), Wipro’s share price was up by 2.32%. The stock has gained 2.85% in January 2025 so far. 

Wipro’s Dividend History

Wipro has maintained a consistent dividend payout over the years. Below is a snapshot of past dividends:

  • 2024: ₹1 per share
  • 2023: ₹1 per share
  • 2022: ₹1 per share (January) and ₹5 per share (April)

Wipro Dividend Yield

At the current market price, Wipro’s dividend yield stands at 1.94% as of January 29, 2025. The dividend yield is an important metric for investors, indicating the return generated from dividends relative to the share price.

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.

Swiggy and Zomato Introduce New Payment Methods on Their Apps

Swiggy and Zomato’s Blinkit have introduced new payment mechanisms on their mobile applications, enhancing convenience for users. While these features were previously announced, they are now fully operational, providing a streamlined payment experience.

Swiggy UPI: A Seamless Payment Experience

Swiggy has now introduced its in-app UPI payment system, allowing users to pay directly through Swiggy UPI without switching to an external payment app. The company had initially announced this feature in August, aiming to simplify the checkout process.

To use Swiggy UPI, customers need to activate the service by linking their bank account. Once set up, payments can be made by entering a UPI PIN directly on the Swiggy app. This feature is not limited to food orders but also extends to Instamart and other Swiggy services.

Zomato Money: Now Integrated with Blinkit

Zomato has expanded the functionality of Zomato Money, its in-app digital wallet, by integrating it with Blinkit, the company’s quick commerce platform. The Zomato Money option is now prominently available on Blinkit’s homepage, allowing users to utilise their balance for grocery and essential purchases.

Previously, Zomato Money was primarily used for food orders and dining-out payments. With this integration, the wallet can now facilitate seamless transactions across Zomato’s ecosystem. Users can top up their Zomato Money balance, which remains valid for four years from the date of addition. However, the balance cannot be transferred to a bank account.

Cash on Delivery Orders and Zomato Money

A key feature of Zomato Money is its usability for cash-on-delivery (COD) orders. Last year, Zomato introduced an option allowing customers to add their balance amount from COD transactions to their Zomato Money account. This was designed to eliminate the inconvenience of finding exact changes during cash payments.

Zomato’s CEO, Deepinder Goyal, highlighted the benefit of this feature, stating: “For cash on delivery orders, finding exact change can sometimes be inconvenient. Starting today, our customers can pay delivery partners in cash and ask for the balance amount to be added instantly to their Zomato Money account. This balance can be used towards future delivery orders or dining out.”

Enhancing User Experience Through Digital Payments

With these updates, Swiggy and Zomato continue to enhance their digital payment offerings, making transactions smoother and more convenient. By integrating UPI-based payments and digital wallets, these platforms aim to reduce friction in the checkout process while catering to the evolving preferences of their user base.

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.

Aarti Industries to Buy 26.25% Stake in Pro-Zeal Green Power

Aarti Industries is a distinguished Indian chemical manufacturer, renowned for its extensive portfolio of products that span a wide range of industries, including chemicals, pharmaceuticals, agrochemicals, and personal care. Established in 1984, the company has evolved into a major force in the global chemical sector, with a strong emphasis on innovation, sustainability, and the continuous expansion of its product offerings.

Acquired a 26.25% Equity Stake in Pro-Zeal 

Aarti Industries has acquired a 26.25% equity stake and voting rights, alongside Compulsory Convertible Debentures (CCDs), in Pro-Zeal Green Power Seven Private Limited. Pro-Zeal Green Power Seven is a Special Purpose Vehicle (SPV) specifically created for the development, construction, operation, and maintenance of a 9.24 MW solar power plant.

This investment underscores Aarti Industries’ commitment to advancing India’s renewable energy sector. By securing a significant equity interest, the company not only enhances its foothold in the clean energy market but also positions itself to gain invaluable operational insights.

Understanding the Agreement

A Share Subscription and Shareholder’s Agreement is a vital corporate tool that sets forth the terms and conditions under which an investor acquires shares in a company, while also defining the relationship between shareholders. This agreement is fundamental to ensuring clarity, and transparency, and fostering robust and collaborative partnerships.

 

In this case, the agreement represents a key milestone for both Pro-Zeal Green Power Private Limited and its affiliate, Pro-Zeal Green Power Seven Private Limited. It marks an important step in strengthening their capacity to provide sustainable energy solutions, with far-reaching implications for the stakeholders involved.

Significance for Pro-Zeal Green Power and Affiliates

Pro-Zeal Green Power Private Limited has firmly established itself as a leading force in the renewable energy sector, particularly within solar power solutions. The formation of Pro-Zeal Green Power Seven Private Limited highlights the company’s strategic move to diversify and expand its operations. 

Share Price Performance 

At 2:49 PM today, Aarti Industries Ltd. shares traded at ₹425.30 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.

PDS to Acquire a 55% Stake in Knit Gallery For Expansion

PDS Limited, a globally renowned fashion powerhouse headquartered in India, continues to cement its position as an industry leader in product development, sourcing, manufacturing, and supply chain solutions for premier fashion retailers and brands worldwide. 

Acquisition of 55% Stake in Knit Gallery India 

In a bold move underscoring its ambitions for growth and diversification, PDS has announced the acquisition of a 55% stake in Tirupur-based Knit Gallery India Pvt Ltd (KGIPL). This strategic investment exemplifies PDS’s intent to harness India’s burgeoning potential within the global fashion and textile landscape.

The deal involves an equity consideration of ₹41 crore, subject to customary due diligence and documentation. Additionally, the transaction includes the transfer of a segment of Knit Gallery’s existing business to KGIPL for a Business Transfer Consideration of ₹34 crore, payable over three years from KGIPL’s cash flows contingent on achieving pre-defined performance targets.

PDS Limited Q3 FY25 Results

PDS Limited delivered a robust topline of ₹9,052 crore in 9M FY25, reflecting 26% YoY growth, with North America driving expansion at 70%. Over the past four years, gross margins have risen by 4%, highlighting the company’s focus on enhancing its “Solutions & Services” portfolio. With a healthy $425 million order book, PDS remains well-positioned for sustained growth and global opportunities.

About Knit Gallery

Founded in 2001, Knit Gallery is a distinguished manufacturer and exporter of premium apparel based in Tirupur, Tamil Nadu. The company boasts expertise in crafting high-quality babywear, children’s wear, nightwear, and innerwear. 

Executive Vice Chairman’s Statement

Pallak Seth, Executive Vice Chairman of PDS Limited, described the acquisition as a transformative step in strengthening the company’s manufacturing capabilities in India while unlocking new sourcing opportunities. He highlighted PDS’s commitment to sustainability and compliance through its facilities in Bangladesh and Sri Lanka, reaffirming its support for the ‘Make in India’ initiative and advancing sustainable fashion manufacturing.

Share Price Performance 

At 2:21 PM today, PDS Limited shares traded at ₹489.20 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.