Mahindra & Mahindra on April 21, 2025, announced that Hemant Sikka, currently President of the Farm Equipment Sector (FES), will become Managing Director and CEO of Mahindra Logistics Ltd. (MLL) starting May 5. He will replace Rampraveen Swaminathan, who is set to leave the company on July 20, 2025, according to news reports.

Sikka will join MLL as Additional Director and MD & CEO designate from April 22. The transition comes as part of a series of senior management changes across the Mahindra Group’s automotive and farm equipment businesses.

Key Leadership Changes Across the Mahindra Group

Alongside Sikka’s appointment at MLL, Mahindra has also announced new roles for other senior leaders:

• Veejay Nakra, currently President of the Automotive Division, will become President of the Farm Equipment Business (FEB), effective May 4, 2025.

• R. Velusamy, President of Automotive Technology and Product Development, will assume the role of President of the Automotive Business (AB), also effective May 4, 2025.

Both Nakra and Velusamy will report to Rajesh Jejurikar, Executive Director and CEO of the Auto and Farm Sector.

Read More: Mahindra Group Companies to Raise Funds Worth ₹4,500 Crore via Rights Issues.

Rampraveen Swaminathan’s Tenure At MLL

Swaminathan joined Mahindra Logistics as CEO designate in July 2019 and took over as MD & CEO in February 2020. During his time at the helm, MLL doubled its revenue despite pandemic disruptions and expanded into new verticals, including cross-border logistics, express delivery, and last-mile services. The company also made strides in digitisation and sustainability initiatives under his leadership.

Hemant Sikka’s Track Record

Sikka has led Mahindra’s global farm machinery and tractor business since April 2020. Under his leadership, Mahindra grew its India tractor market share by 210 basis points to over 43%, increased revenue by more than 60%, and more than doubled its profit. Mahindra also retained its position as the world’s largest tractor maker by volume during this period.

Sikka, who joined Mahindra over 25 years ago, has previously held key roles including Chief Purchase Officer for the Auto and Farm Sector and Head of Manufacturing for the Automotive Sector. He also led procurement at SsangYong Motors and worked for nine years at Maruti Suzuki. He holds a B.Tech from Kurukshetra University and an MBA from FMS Delhi.

New Roles For Nakra And Velusamy

Nakra joined Mahindra in 1995 and has played a key role in revitalising the company’s automotive portfolio through successful product launches and enhanced operational efficiencies. He will now lead the farm equipment business, which has a return on capital employed exceeding 60%.

Velusamy, who has been with Mahindra since 1996, has led development across internal combustion engine and electric vehicle platforms. In his new role, he will oversee both SUV and light commercial vehicle segments, aimed at improving alignment within the Automotive Business.

Conclusion

The leadership changes at Mahindra & Mahindra reflect the group’s continued efforts to strengthen operational efficiency and strategic execution across its core sectors. With experienced leaders taking charge of key business verticals, the company is positioning itself for its next phase of growth.

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.

Devyani International, India’s largest franchisee of Yum! Brands saw a sharp rise in its share price after announcing a board meeting scheduled for April 24, 2025. The agenda includes approval of agreements and issuance of equity shares on a preferential basis for acquiring a controlling equity stake in Sky Gate Hospitality, which owns the Biryani By Kilo brand.

Devyani International Board To Consider BBK Acquisition

According to its exchange filing, Devyani International’s board will consider and approve the acquisition of a controlling stake in Sky Gate Hospitality during its April 24 meeting. Sky Gate operates several food brands, including Biryani By Kilo (BBK), Goila Butter Chicken, The Bhojan, and Get-A-Way.

The acquisition will involve issuing equity shares on a preferential basis as part of the proposed agreement.

Read More: Devyani International Reports ₹12.2 Billion in Q1 FY 2025 Revenues.

Devyani International Q3 FY25 Performance Highlights

In Q3 FY25, Devyani International reported a net loss of ₹7.6 crore, compared to a profit of ₹5.1 crore in the same quarter last year. However, its consolidated revenue rose 53.5% YoY to ₹1,290 crore. For the nine months ended December 2024, revenue increased by 49% YoY to ₹3,740 crore.

The company posted consolidated EBITDA of ₹220 crore in Q3 FY25, with margins at 16.9%, a 60 basis points improvement over the previous quarter.

Store Expansion And Operational Update

As of Q3 FY25, Devyani International operated over 2,000 stores, ahead of its earlier guidance. The total store count stood at 2,032. In Thailand, it added 17 new KFC outlets during the nine-month period of FY25, bringing the total number of KFC stores in the country to 305 as of December 31, 2024.

The company also reported positive same-store sales growth across its core brands and stated it is on track to launch new brands by Q1 FY26.

Devyani International Share Price Performance

On April 21, 2025, Devyani International share price opened at ₹169.70, up from its previous close of ₹165.31. By the end of the day, the stock was trading at ₹172.30 on the NSE, reflecting a 4.23% intraday gain.

Conclusion

The announcement of Devyani International’s acquisition plans for Biryani By Kilo has driven positive momentum in the stock. The company continues to focus on expanding its store network and adding new brands, while maintaining revenue growth across geographies.

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.

Muthoot Finance announced an interim dividend of ₹26 per share for the financial year 2024–25 after a board meeting held on April 21, 2025. The dividend will be disbursed within 30 days from the date of declaration, as per the company’s regulatory filing.

Board Announces ₹26 Interim Dividend For FY25

The board of directors of Muthoot Finance has recommended an interim dividend of ₹26 per equity share. The company confirmed that the dividend will be credited to shareholders’ accounts within 30 days from the date of declaration. However, the record date to determine eligible shareholders has not been finalised yet.

Read More: Muthoot Finance Share Price Falls by 7.32% After THIS Announcement of RBI.

Ex-Dividend Trading Timeline

Shares of Muthoot Finance will trade ex-dividend on the day of or a day prior to the record date. Investors purchasing the stock on or after the ex-dividend date will not be entitled to receive the interim dividend.

The ex-dividend date is a key marker in determining which shareholders are eligible to receive the dividend. Investors holding shares before this date will receive the declared payout.

Muthoot Finance Share Price Performance

On April 21, 2025, Muthoot Finance share price opened at ₹2,134.90, up from its previous close of ₹2,111.60. By the end of the trading session, the stock was priced at ₹2,206.00 on the NSE, reflecting a 4.47% intraday gain.

Despite this positive movement, the stock has had a mixed performance this year. Its 52-week high of ₹2,435.40 was recorded on March 20, 2025, while its 52-week low of ₹1,509.70 occurred on May 9, 2024.

Conclusion

The interim dividend announcement comes ahead of the company’s finalisation of a record date and follows a recent uptrend in share price performance. With the Muthoot Finance share posting a notable intraday gain following the news, investor sentiment appears positively aligned ahead of the record date declaration.

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.

Dynacons Systems and Solutions share price jumped sharply on April 21, 2025, after the company announced a significant contract win from Life Insurance Corporation of India (LIC). The ₹138.44 crore deal covers the supply, installation, and maintenance of desktop and all-in-one computers over a 3-year period.

LIC Contract: Project Scope and Duration

Dynacons will deliver end-to-end digital workplace solutions under this project, which includes installation and long-term maintenance. According to the company’s statement to CNBC TV18, “The end-to-end installation and support services, spanning the next 3 years, are designed to ensure these systems run at peak efficiency over the long term, reinforcing environmentally responsible practices.”

The project is expected to enhance LIC’s IT infrastructure across its nationwide offices and comes with a built-in emphasis on sustainability.

Read More: LIC Smart Pension Plan with Immediate Annuity: Plan Details, Eligibility, Payment Modes.

Focus On Sustainability Through System Buyback

Dynacons also announced that it will implement a system buyback programme to responsibly recycle outdated devices. The company said this effort would contribute to a circular economy and reduce electronic waste. As organisations increasingly prioritise environmental responsibility, such initiatives are gaining strategic relevance.

Dynacons Systems and Solutions Share Price Performance

On April 21, 2025, Dynacons Systems and Solutions share price opened at ₹1,104.90, unchanged from its previous close. By 2:07 PM, the stock was trading at ₹1,184.00 on the NSE, reflecting a 7.16% intraday gain.

The stock has been in the green for five straight trading sessions, delivering a cumulative return of nearly 23%. Over the past month, it has gained 13%, although it remains down over 18% in 2025 so far. The stock’s 52-week high of ₹1,736.90 was recorded on August 26, 2024, while its 52-week low of ₹926.90 was hit on April 7, 2025.

Conclusion

Dynacons Systems and Solutions share price rose significantly following its ₹138 crore digital workplace contract from LIC. The 3-year project, combined with sustainability efforts like a buyback programme, could improve long-term operational visibility for the company. However, despite the recent rally, the stock is still trading well below its 52-week high.

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.

PB Fintech share drew investor attention as Policybazaar, its insurance arm, launched a 100% claim promise on planned hospitalisations for specific health insurance policies. This benefit is available on select plans offered by Bajaj Allianz, Niva Bupa, and Aditya Birla Health Insurance (ABHI), provided certain pre-admission procedures and policy conditions are fulfilled.

What is the 100% Claim Promise?

The 100% claim promise initiative by Policybazaar ensures full coverage of eligible hospital bills during planned hospitalisations. However, this does not apply to emergency admissions. Policyholders must follow pre-defined steps before hospitalisation to qualify. According to Policybazaar, this benefit is aimed at removing deductions and enhancing the cashless claim experience for customers.

Siddharth Singhal, Head of Health Insurance at Policybazaar, told CNBC TV18, “The 100% Claim Promise ensures that, with simple pre-admission steps, your bills are fully covered.”

Plan-Wise Conditions For Eligibility

Bajaj Allianz:

• Applicable to both new and ported policies with any sum insured.

• Requires the addition of a consumables rider.

• Policyholders must inform the TPA 48 hours before hospitalisation and choose from a network of 10,000+ hospitals.

Aditya Birla Health Insurance (ABHI):

• Applicable only to new policies with a sum insured of ₹10 lakh or more.

• Customers need to provide prior intimation, after which the insurer assigns a doctor panel.

• Hospital selection must be from the ABHI network.

Niva Bupa:

• Available for both new and ported policies with a minimum ₹10 lakh cover.

• Requires a 48-hour pre-intimation to the claim team.

• Customers must choose hospitals recommended by claim advisors from a 2,100+ hospital network.

• No discharge documentation is needed.

Read More: Policybazaar Launches NRI Care Program to Support Elderly Parents of Non-Resident Indians.

What Is Not Covered Under the Promise?

Despite the comprehensive promise, claims will not be honoured in cases involving non-disclosure, waiting periods, or specific policy exclusions. Emergency hospitalisations continue under regular policy terms. Policybazaar also highlighted that streamlined documentation and direct coordination with hospitals will help improve claim turnaround times.

PB Fintech Share Price Performance

On April 21, 2025, PB Fintech share price opened at ₹1,686.00, up from its previous close of ₹1,653.00. By 1:01 PM, the stock was trading at ₹1,703.90 on the NSE, marking a 3.07% intraday gain.

Despite the strong recent momentum, the share price remains below its 52-week high of ₹2,246.90, recorded on January 3, 2025. It is, however, trading well above its 52-week low of ₹1,159.05, hit on May 8, 2024.

Conclusion

PB Fintech share saw positive movement as Policybazaar introduced a zero-deduction claim promise for planned hospitalisations. This initiative, though limited to certain insurers and conditions, could significantly improve the claim settlement experience for users and support investor sentiment around PB Fintech’s health insurance vertical.

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.

Reliance share price is expected to react to the company’s board meeting scheduled for Friday, April 25, where Reliance Industries Limited (RIL) will declare its financial results for Q4 and FY25. The board will also consider raising funds through non-convertible debentures (NCDs) and may recommend a final dividend for the financial year ended March 31, 2025, according to news reports.

Reliance Board To Consider Dividend And Fundraising Proposal

On April 25, RIL’s board of directors will review the quarterly and annual financial performance. The meeting agenda includes:

• Approval of Q4 FY25 and full-year financial statements

• Consideration of a final dividend on equity shares

• A proposal to raise funds through listed, secured or unsecured, redeemable NCDs via private placement

These developments are expected to draw significant investor attention to the reliance share price.

Read More: Reliance Buys 74% Stake in Nauyaan Shipyard for Strategic Expansion.

Segment-Wise Q3 Performance

In Q3 FY25, Reliance Industries reported a consolidated net profit of ₹18,540 crore, reflecting a 7% year-on-year (YoY) increase. Revenue from operations rose 7% YoY to ₹2.43 lakh crore.

• EBITDA: ₹48,003 crore, up nearly 8% YoY

• EBITDA Margin: 18%, with an expansion of 10 basis points

Jio Platforms

The digital arm, Jio Platforms, posted a 26% YoY rise in net profit to ₹6,861 crore. Its revenue grew 19% YoY to ₹38,750 crore.

Oil-to-Chemicals Segment

EBITDA in the Oil-to-Chemicals (O2C) division rose 2% YoY to ₹14,402 crore. Revenue for the segment grew by 6% YoY to ₹1.49 lakh crore.

Retail Segment

Reliance Retail reported revenue of ₹90,333 crore in Q3 FY25, up 9% YoY and 18% sequentially. Growth was supported by festive season campaigns and productivity improvements.

Reliance Share Price Performance

On April 21, 2025, Reliance share price opened at ₹1,270.00, slightly lower than the previous close of ₹1,274.50. By 12:06 PM, the stock was trading at ₹1,295.40 on the NSE, reflecting a 1.64% intraday gain. The stock’s 52-week high of ₹1,608.80 was recorded on July 8, 2024, while its 52-week low of ₹1,114.85 was reached on April 7, 2025. Over the past year, Reliance’s share price has declined by over 13%, but it remains up more than 17% over the past two years.

Conclusion

The upcoming board meeting on April 25 is likely to influence the reliance share price as the company announces its Q4 FY25 results, a possible dividend, and a fundraising proposal.

Investors will be monitoring these developments closely to assess any impact on the company’s financial strategy and capital structure.

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.