Empowering Urban Development: SEBI and NISM’s Initiative on Municipal Bonds

The Securities and Exchange Board of India (SEBI), in collaboration with the National Institute of Securities Markets (NISM), has introduced an innovative e-learning course on municipal bonds. Designed to foster knowledge and skills, this initiative aims to help municipal corporations, urban local bodies, and other stakeholders understand how to leverage municipal bonds for urban infrastructure development.

SEBI’s Efforts to Promote Municipal Bonds

As part of its ongoing capital market development efforts, SEBI has been conducting outreach programs on municipal bonds across various Indian cities. These programs encourage the issuance of municipal bonds as an alternative funding mechanism for urban infrastructure projects. Recently, at a program held at the Indian Institute of Management (IIM) Lucknow, SEBI and NISM unveiled a self-paced e-learning course tailored for officials involved in urban development. Available free of cost until March 31, 2025, the course is a step towards empowering stakeholders with the necessary expertise to fund development projects effectively.

Course Features and Target Audience

The course spans 10 hours and is designed to educate participants about alternative funding mechanisms, regulatory provisions, compliance for issuing municipal bonds, and investor outreach strategies. It also covers topics like escrow mechanisms, credit ratings, green municipal bonds, and social impact bonds. While primarily targeted at municipal and urban local body officials, the course is equally valuable for policymakers, finance department officials, and advisors. Upon successful completion, participants receive a certification validating their knowledge in this domain.

Conclusion

The SEBI and NISM e-learning initiative on municipal bonds equips key stakeholders with practical tools to fund urban infrastructure projects. With its comprehensive curriculum, the course is a significant step towards fostering sustainable urban development through innovative financial instruments.

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.

Key Income Tax Reforms Under FM Sitharaman’s Previous Budgets

Over the last four years, Finance Minister Nirmala Sitharaman has brought transformative changes to India’s income tax framework. With a focus on simplifying processes and enhancing benefits, her policies have shaped a more taxpayer-friendly system. Here are five major reforms from her recent budgets that highlight this evolution.

Streamlined Tax Regime and Simplified Capital Gains Structure

The introduction and enhancement of the new tax regime have been pivotal since Budget 2020. Taxpayers under this regime enjoy no tax on incomes up to ₹7.75 lakh (salaried) and ₹7 lakh (others), with high earners benefiting from a reduced maximum tax rate of 39%.

Capital gains taxation has been overhauled for simplicity. Holding periods have been consolidated to just 12 and 24 months for all assets. Long-term gains are taxed uniformly at 12.5%, while short-term gains are at 20%. However, gains from debt investments are taxed according to individual slab rates.

Improved NPS Benefits, TCS Reforms, and Digital Taxpayer Services

The National Pension System (NPS) has seen considerable improvements, particularly for private-sector employees under the new tax regime, who can now claim a deduction of up to 14% of their basic salary. The NPS Vatsalaya scheme was also launched to encourage early participation.

Tax Collection at Source (TCS) has been enhanced, allowing credits to be adjusted against TDS on salaries, and simplifying tax computations for employees.

Technological advancements have improved the overall taxpayer experience, reducing income tax refund processing time to 10 days and enhancing data transparency with AIS and TIS. A next-generation Common IT Return Form is also in development to streamline compliance further.

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. 

Fastest Growing Mutual Fund Categories in 2024:Equity and Hybrid Schemes Lead the Growth

The year 2024 has been transformative for the mutual fund industry in India, with notable surges in Assets Under Management (AUM) across categories. Equity and hybrid schemes have emerged as the biggest gainers, reflecting evolving investor preferences amidst a dynamic market environment. This blog analyses key trends using data from the Association of Mutual Funds in India (AMFI).

Equity Schemes: Sectoral and Thematic Funds Steal the Spotlight

Equity schemes experienced a remarkable 40% growth in AUM, from ₹22.09 lakh crore in January 2024 to ₹30.90 lakh crore in December 2024. The growth drivers were diverse, with sectoral and thematic funds leading the charge.

Top Performers in Equity Schemes

  • Sectoral/Thematic Funds: Registered the highest absolute growth, with AUM surging by ₹2.08 lakh crore (79%), reflecting increased investor interest in sector-specific opportunities.
  • Mid Cap Funds: Witnessed AUM growth of ₹1.16 lakh crore (41%), driven by strong performance in mid-sized companies.
  • Flexi Cap Funds: Recorded an increase of ₹1.12 lakh crore (34%), highlighting the popularity of flexible investment strategies.
  • Multi Cap Funds: Achieved a 60% growth in AUM, demonstrating robust performance across market capitalisation categories.
Fund Type Jan-24 Average Net AUM (₹ in Cr) Dec-24

Average Net AUM (₹ in Cr)

 Change

(₹ in Cr)

 Change (%)
Sectoral/thematic fund 2,64,040 4,72,462 2,08,422 78.94
Mid-cap fund 2,85,309 4,01,252 1,15,943 40.64
Flexi cap fund 3,30,432 4,42,761 1,12,329 33.99
Small cap fund 2,39,941 3,32,952 93,011 38.76
Large & mid-cap fund 1,90,526 2,73,846 83,320 43.73
Large-cap fund 2,97,350 3,66,104 68,754 23.12
Multi cap fund 1,14,237 1,82,231 67,994 59.52
Value/contra fund 1,38,340 1,91,263 52,923 38.26
ELSS 2,01,884 2,46,088 44,204 21.90
Focussed fund 1,24,800 1,48,931 24,131 19.34
Dividend yield fund 22,312 32,206 9,894 44.34
Total 22,09,171 30,90,096 8,80,925 39.88

 

Hybrid Schemes: Arbitrage and Multi-Asset Funds Gain Traction

Hybrid schemes saw a 33% rise in AUM, growing from ₹7 lakh crore to ₹9.31 lakh crore in 2024. These schemes cater to investors seeking a blend of equity and debt exposure.

Highlights from Hybrid Funds

  • Arbitrage Funds: Topped the list with a 46% rise in AUM, reflecting their appeal in volatile markets.
  • Multi-Asset Allocation Funds: Experienced a staggering 90% growth, underscoring their ability to diversify across asset classes.
  • Balanced Advantage Funds: Grew by ₹50,948 crore (21%), maintaining their steady popularity among balanced investors.
Fund Type Jan-24

Average Net AUM (₹ in Cr)

 Dec-24

Average Net AUM (₹ in Cr)

 Change

(₹ in Cr)

 Change (%)
Arbitrage fund 1,62,169 2,36,723 74,554 45.97
Multi-asset allocation fund 57,733 1,09,198 51,465 89.14
Balanced advantage fund 2,37,369 2,88,317 50,948 21.46
Balanced/aggressive hybrid fund 1,89,778 2,24,944 35,166 18.53
Equity savings fund 26,936 43,696 16,760 62.22
Conservative hybrid fund 26,318 28,651 2,333 8.86
Total 7,00,302 9,31,530 2,31,228 33.02

 

Passive Funds: ETFs Dominate Growth

Passive funds also witnessed significant momentum, with AUM increasing by 29% to ₹11.33 lakh crore.

Notable Performers in Passive Funds

  • Other ETFs (Equity and Bond): Saw the largest absolute increase, with AUM growing by ₹1.62 lakh crore.
  • Index Funds: Gained ₹75,800 crore (38%), signalling rising interest in index-based strategies.
  • Gold ETFs: Registered the highest percentage growth (46%), driven by renewed interest in gold as a hedge against volatility.

 

Fund Type Jan-24 Average Net AUM

(₹ in Cr)

 Dec-24 Average Net AUM

(₹ in Cr)

 Change

(₹ in Cr)

 Change (%)
Other ETFs 6,22,215 7,84,169 1,61,954 26.03
Index funds 2,01,319 2,77,091 75,772 37.64
Gold ETFs 30,445 44,342 13,897 45.65
Overseas FoF 23,788 27,085 3,297 13.86
Total 8,77,766 11,32,688 2,54,922 29.04

 

Debt Funds: Money Market Funds Lead the Pack

Debt funds recorded a more modest 18.8% growth in AUM. Within this category, money market funds stood out, witnessing a 62% rise.

Top Performers in Debt Schemes

  • Money Market Funds: Increased by ₹93,500 crore, benefiting from short-term yield opportunities.
  • Liquid Funds: Grew by ₹73,900 crore (16%), remaining a preferred option for short-term investments.
  • Long Duration Funds: Achieved an 88% growth, the highest in percentage terms within the debt category.

 

Fund Type Jan-24 Average Net AUM

(₹ in Cr)

 Dec-24 Average Net AUM

(₹ in Cr)

 Change

(₹ in Cr)

 Change (%)
Money market fund 1,50,977 2,44,495 93,518 61.94
Liquid fund 4,72,114 5,45,977 73,863 15.65
Corporate bond fund 1,42,363 1,71,507 29,144 20.47
Ultra short-duration fund 92,335 1,11,611 19,276 20.88
Low duration fund 99,857 1,18,039 18,182 18.21
Gilt fund 26,426 42,517 16,091 60.89
Short duration fund 1,01,396 1,14,428 13,032 12.85
Long duration fund 10,600 19,981 9,381 88.50
Dynamic bond fund 30,995 35,555 4,560 14.71
Medium to long-duration fund 10,383 11,664 1,281 12.34
Gilt fund with 10 yr constant duration 4,517 5,071 554 12.26
Overnight fund 1,00,876 1,00,857 -19 -0.02
Medium duration fund 26,295 25,265 -1,030 -3.92
Banking and PSU fund 80,090 78,244 -1,846 -2.30
Credit risk fund 23,568 20,862 -2,706 -11.48
Floater fund 56,613 52,065 -4,548 -8.03
Total 14,29,404 16,98,140 2,68,736 18.80

Conclusion: What Drives Mutual Fund Growth?

The 2024 data underscores a growing appetite for specialised and diversified investment strategies among investors. Equity schemes continue to dominate, particularly sectoral and thematic funds, while hybrid and passive funds show promising growth. Debt funds, though steady, have also highlighted specific pockets of opportunity, such as money market funds.

Ensure steady returns with systematic withdrawals! Estimate your withdrawals with our SWP Calculator and manage your finances seamlessly.

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

ETF Boom: Retail Investor Folios Cross 2.5 Crore – Top 5 Reasons Why ETFs Are the Common Man’s Favourite

Exchange-Traded Funds (ETFs) have gained remarkable popularity among Indian investors, becoming a preferred choice for broad market exposure. Over the past few years, retail investor folios in ETF schemes, including Gold ETFs, have crossed a significant milestone of 2.5 crore as of December 2024. With ETFs now constituting nearly 12% of the total mutual fund industry’s assets under management (AUM), this trend reflects a transformative shift in investment preferences.

Growth in ETF Retail Investor Folios

The consistent rise in retail investor folios within ETF schemes highlights the growing adoption of this instrument. Below is a snapshot of the growth trajectory since October 2023 (including Gold ETFs): 

Month Retail investor folios in ETF Schemes
Oct-23 1,74,57,593
Nov-23 1,76,103,77
Dec-23 1,77,350,86
Jan-24 1,81,529,63
Feb-24 1,84,882,24
Mar-24 1,88,287,16
Apr-24 1,92,134,38
May-24 1,97,981,25
Jun-24 2,03,176,80
Jul-24 2,10,178,45
Aug-24 2,19,327,26
Sep-24 2,24,390,48
Oct-24 2,35,358,24
Nov-24 2,46,008,62
Dec-24 2,50,018,54

 

ETFs and Mutual Fund Industry AUM

ETFs now represent ₹8.28 lakh crore of the mutual fund industry’s total AUM of ₹69.33 lakh crore as of December 2024, accounting for 11.95%. 

Particulars Average Net Assets Under Management for the month of December 2024 (Rs in ₹)
All ETFs (Gold + Other ETFs)                 8,28,511.75
Total AAUM               69,32,959.05
Percentage 11.95%

 

Top 5 Reasons Behind the ETF Surge in India

1. Lower Expense Ratios

ETFs stand out for their significantly lower expense ratios compared to actively managed funds.

  • Expense ratios for ETFs are typically a third or less than those of active funds.
  • Cost-conscious investors, both retail and institutional, are drawn to these lower management fees.

2. Increased Awareness of Active Management Challenges

Investors are becoming increasingly aware of the challenges associated with active fund management.

  • Consistently outperforming the market has proven difficult for many active fund managers.
  • This realisation is steering investors toward passively managed options like ETFs.

3. Improved Accessibility Through Digital Platforms

The rise of digital platforms has revolutionised ETF accessibility.

  • Online investment platforms offer seamless access to ETF products.
  • Enhanced digital penetration has enabled retail investors to explore these options more conveniently.

4. Rise in Retail Participation

Retail investors are gradually becoming a key segment in the ETF space.

  • Enhanced financial literacy and digital access have encouraged retail participation.
  • Retail investors now contribute significantly to the steady growth of ETF adoption.

5. Efficient Diversification

ETFs provide a cost-effective means to achieve portfolio diversification.

  • Investors can gain broad market exposure through a single instrument, reducing the need for multiple investments.
  • Sector-specific ETFs, such as IT sector ETFs, offer comprehensive exposure to entire sectors, often at lower costs than active funds.

Ready to watch your savings grow? Try our SIP Calculator today and unlock the potential of disciplined investing. Perfect for planning your financial future. Start now!

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

Exploring 11 Equity Mutual Funds with AUM Over ₹50,000 Crore

Introduction

Equity mutual funds have consistently attracted investors due to their potential for long-term wealth creation. Among these, several schemes have surpassed the ₹50,000 crore mark in Assets Under Management (AUM). This article explores 11 such mutual funds, highlighting their latest AUM. 

1. HDFC Balanced Advantage Fund

The largest equity mutual fund, HDFC Balanced Advantage Fund, boasted an impressive AUM of ₹95,521 crore. 

2. Parag Parikh Flexi Cap Fund

With an AUM of ₹87,539.41 crore as of December 31, 2024, the Parag Parikh Flexi Cap Fund is a notable player in the flexi-cap category. 

3. HDFC Mid-Cap Opportunities Fund

Focused on mid-cap stocks, the HDFC Mid-Cap Opportunities Fund had an AUM of ₹77,967.21 crore in December 2024. This fund targets companies with growth potential in the mid-cap segment.

4. SBI Equity Hybrid Fund

As per the latest data, the SBI Equity Hybrid Fund held an AUM of ₹72,428.38 crore. This hybrid fund maintains a mix of equity and debt, aiming to balance risk and return.

5. ICICI Prudential Balanced Advantage Fund

The ICICI Prudential Balanced Advantage Fund reported an AUM of ₹60,434.09 crore as of December 2024. The aim of this mutual fund scheme is to provide capital appreciation and income distribution to investors by using equity and equity-related securities and debt instruments.

6. HDFC Flexi Cap Fund

The HDFC Flexi Cap Fund Direct Growth had an AUM of ₹66,344.39 crore. The aim of the HDFC Flexi Cap Fund is to generate capital appreciation/income from a portfolio, predominantly invested in equity & equity related instruments

7. Nippon India Small Cap Fund

Focusing on the small-cap segment, the Nippon India Small Cap Fund reported an AUM of ₹61,973.76 crore as per the latest data available. This scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small-cap companies

8. ICICI Prudential Bluechip Fund

The ICICI Prudential Bluechip Fund, with an AUM of ₹63,264.30 crore, invests in large-cap companies. It focuses on stable, well-established large-cap businesses.

9. Kotak Equity Arbitrage Fund

The Kotak Equity Arbitrage Fund had an AUM of ₹54,913.12 crore. The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments

10. Kotak Emerging Equity Fund

As of December 31, 2024, the Kotak Emerging Equity Fund held an AUM of ₹53,078 crore. The Kotak Emerging Equity Fund aims to create long-term wealth by primarily investing in midcap companies through a portfolio of equity and equity-related securities. Additionally, the scheme may allocate funds to debts and money market instruments based on the scheme’s asset allocation. 

11. Kotak Flexicap Fund

The Kotak Flexicap Fund Direct reported an AUM of ₹50,425.9 crore. Kotak Flexicap Fund is an investment scheme that aims to generate long-term capital appreciation from a portfolio of equity and equity-related securities, generally focused on a few selected sectors. 

Ensure steady returns with systematic withdrawals! Estimate your withdrawals with our SWP Calculator and manage your finances seamlessly.

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

Sudarshan Chemical Expands European Presence with Acquisition in Germany

Sudarshan Chemical Industries Limited, a leading player in the pigment industry, has recently announced the acquisition of Blitz F24-526 GmbH, a limited liability company based in Frankfurt, Germany. This strategic acquisition was made through its wholly owned subsidiary, Sudarshan Europe B.V., and marks an important milestone in the company’s expansion plans.

The share price of Sudarshan Chemical has gained 1.36% on the NSE as of 11:59 AM on January 15, 2025.

Acquisition Details

The acquisition was completed on January 14, 2025, with Blitz F24-526 GmbH now becoming a step-down subsidiary of Sudarshan Chemical. The transaction was valued at €29,500, paid as cash consideration, ensuring that 100% of the shareholding is held by Sudarshan Europe B.V.

Purpose and Industry Impact

Blitz F24-526 GmbH is set to operate in the pigment industry, aligning perfectly with Sudarshan Chemical’s core business. While the newly acquired company has yet to commence operations, this move underscores Sudarshan’s commitment to strengthening its global footprint and operational capabilities in Europe.

Key Features of the Acquisition

  1. Related Party Transaction:
    The acquisition qualifies as a related party transaction since Sudarshan Europe B.V. is a wholly owned subsidiary of Sudarshan Chemical. It was conducted on an arm’s length basis, ensuring transparency and fairness.
  2. Regulatory Approvals:
    No specific governmental or regulatory approvals were required for this acquisition, simplifying the transaction process.
  3. Future Operations:
    Blitz F24-526 GmbH will focus primarily on pigment-related activities, further enhancing Sudarshan’s product offerings in this segment.

Strategic Implications

This acquisition reflects Sudarshan Chemical’s proactive approach to growth, leveraging its subsidiary to enter new markets and strengthen its presence in the European pigment industry. With Germany being a hub for innovation and industrial advancements, this move positions Sudarshan to benefit from local expertise and market opportunities.

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.

IRFC Share Price Rises on Securing Banhardih Coal Block Financing Deal

Indian Railway Finance Corporation Ltd (IRFC) saw its share price rise by 4% to ₹140.5 on January 15 in early trading on the NSE. The surge followed the announcement that the company emerged as the lowest bidder to finance ₹3,167 crore for the development of the Banhardih coal block, located in Latehar district, Jharkhand. However, the stock pared early gains and was trading slightly higher by 1.13% as of 11:46 AM.

The project is being spearheaded by Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC Ltd, holding a 74% equity stake, and Jharkhand Bijli Vitran Nigam, with a 26% stake.

Key Details of the Project

The Banhardih coal block, allocated as a captive coal source to PVUNL, will supply coal to the Chetar Station using the Mine-Gain-Rail (MGR) system. From there, the coal will be transported to PVUNL’s project site via Indian Railways, ensuring efficient logistics and reduced transit times.

MoU with REMCL: A Step Towards Green Energy

Earlier this month, on January 2, IRFC signed a Memorandum of Understanding (MoU) with Railway Energy Management Company Limited (REMCL). The partnership focuses on financing renewable energy projects awarded by REMCL to benefit Indian Railways. The MoU also includes exploring financial avenues for thermal, nuclear, and renewable power projects developed under a captive model in collaboration with Indian Railways.

In its filing to BSE, IRFC stated that REMCL will bring expertise in sourcing economical power, while IRFC will contribute with project appraisals and fundraising for these initiatives.

Upcoming Financial Results

In another significant update, IRFC’s board of directors is scheduled to meet on January 20. The agenda includes the approval of the financial results and cash flow statement for the quarter and 9 months ending December 31.

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.

Minda Corporation Share Price Jumps 5%; Forms Strategic Partnership with Flash Electronics

Minda Corporation Limited (Minda Corp), the flagship company of the Spark Minda Group, has formed a strategic partnership with Flash Electronics. This collaboration aims to establish the fastest-growing EV platform in India. As of 11:30 AM on January 15, 2025, Minda Corp’s share price surged by 5%.

Complementary Expertise for a Synergetic Partnership

Minda Corp, known for its expertise in automotive body electronics, will combine forces with Flash Electronics, a leader in engine and powertrain electronics. This alliance will bring together a diversified and complementary product portfolio, promising significant synergies across technology, customer reach, and innovation.

Enhancing EV Solutions

Flash Electronics, an early entrant in EV powertrain solutions, has been a pioneer in developing motors, motor controllers, and vehicle control units. The company is preparing to launch innovative solutions for passenger cars and commercial vehicles. On the other hand, Minda Corp has established itself in EV products such as battery chargers, DC-DC converters, and telematics. Together, the companies aim to provide comprehensive systems solutions for the growing EV market in India.

Financial Details of the Collaboration

As part of the partnership, Minda Corporation will acquire a 49% equity stake in Flash Electronics for ₹1,372 crore. Flash Electronics, with an impressive CAGR of 17% and projected revenue of ₹1,500 crore for FY25, brings a steady EBITDA margin of 14% and a return on capital employed (ROCE) exceeding 22%.

A Vision for Growth

The partnership aligns with Minda Corp’s long-term strategy to strengthen its foothold in the fast-evolving automotive segment. The collaboration is expected to set new benchmarks in the industry, creating additional opportunities for both organisations through advancements in technology and shared expertise.

Upcoming Showcase at Bharat Mobility Expo

Both companies will showcase their combined innovations and technological advancements at the Bharat Mobility Expo, scheduled to take place in New Delhi from January 18-21, 2025. This event will highlight their commitment to revolutionising the EV space in India.

About Minda Corporation

Minda Corporation is a leading automotive component manufacturer, offering a wide range of mechatronics and connected systems. With a strong domestic and international presence, the company has been a pioneer in providing high-quality, technology-driven solutions to original equipment manufacturers (OEMs).

About Flash Electronics

Founded in 1989, Flash Electronics has carved a niche in the automotive electrical solutions market. With eight manufacturing plants globally and three R&D centres, the company is dedicated to innovation and sustainability, serving both domestic and international automotive markets.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

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.

Premier Energies Shares Gain Over 2% Amidst Major Solar PV Orders: All You Need to Know

Premier Energies Ltd. recently announced that 3 of its subsidiaries — Premier Energies Global Environment, Premier Energies International, and Premier Energies Photovoltaic — have secured multiple orders totalling ₹1,460 crore. These orders, awarded by two large independent power producers (IPPs) and other customers, cover ₹1,041 crore for solar modules and ₹419 crore for solar cells.

The supply of these products is set to commence in May 2025, reflecting the company’s commitment to meeting growing demand in the renewable energy sector.

New Manufacturing Facility in Telangana

Premier Energies is not just expanding its order book but also its manufacturing capabilities. The company’s board recently approved the establishment of a 1 GW solar photovoltaic TOPCon Module manufacturing facility in EMC Maheshwaram, Telangana.

This facility, expected to be operational by March 2025, will be located on premises leased from the Telangana Industrial Infrastructure Corporation. It is an additional capacity expansion beyond what was outlined in the company’s Red Herring Prospectus (RHP).

However, the company has not disclosed the capital expenditure (capex) required for this project or the funding plans.

Earlier Orders in November 2024

This isn’t the first time Premier Energies has bagged substantial orders. In November 2024, the company’s subsidiaries received multiple orders worth ₹1,087 crore. Of this, ₹964 crore was for solar modules and ₹123 crore for solar cells, reflecting a strong and consistent demand for the company’s products.

Share Price Performance

As of 9:34 AM on January 15, 2025, Premier Energies’ share price has gained over 2% following the announcement of these orders. Despite this uptick, the stock has seen a decline of 15% in January 2025 so far.

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.

Vodafone Idea Teams Up with HCL Software For Network Efficiency

Vodafone Idea Limited, known as Vi, stands as a prominent name in India’s telecommunications industry, emerging from the merger of Vodafone India and Idea Cellular on 31 August 2018.

Vi Joined with HCL Software

In a strategic move to enhance its 4G and 5G network performance, Vi has joined forces with HCL Software. Leveraging HCL’s cutting-edge Augmented Network Automation (HCL ANA) platform—a multi-vendor self-optimising network (MV-SON) solution—this collaboration aims to streamline operations across Vi’s Ericsson and Samsung network ecosystems.

Pioneering AI-Driven Network Management

In a regulatory filing, Vi underscored the transformative potential of the AI-powered HCL ANA platform. Designed to optimise network performance, reduce energy consumption, and simplify the complexities of managing a multi-vendor network, this solution exemplifies the integration of next-generation technologies. The platform promises seamless network integration while delivering significant cost efficiencies.

Vi Q2 FY25 Results

For Q2 FY25, Vi reported a consolidated net loss of ₹7,176 crore, an improvement from ₹8,746.6 crore in the corresponding quarter of the previous year. Revenue from operations witnessed a modest 2% year-on-year growth, reaching ₹10,932 crore. Furthermore, the average revenue per user (ARPU) surged by 7.8% sequentially to ₹166, driven primarily by tariff revisions implemented in July.

Statement from Vi

Jagbir Singh, Chief Technology Officer of Vi, emphasised the transformative impact of the alliance, stating that it will significantly enhance operational efficiencies and elevate customer experiences. Meanwhile, Neeraj Purandare, Senior Vice President at HCL Software, highlighted the platform’s scalability and its role in fostering indigenous technology development.

Share Price Performance 

At 2:56 PM today, Vodafone Idea Ltd. shares traded at ₹8.78 per share on the NSE. The share price is more than 6% up right now in intraday.

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.