Housing and Urban Development Corporation (HUDCO) announced its financial results for the fourth quarter of FY25, showing steady growth in profit and income. The company also declared a final dividend and revealed plans to raise funds through bonds.

Net Profit and Revenue Performance

In Q4 FY25, HUDCO posted a net profit of ₹727.74 crore, which is a 4% increase compared to the same quarter last year. Revenue from operations saw a strong 37.8% year-on-year rise, reaching ₹2,844.99 crore during the March 2025 quarter.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

Net Interest Income and Dividend Announcement

HUDCO’s core income, known as Net Interest Income (NII), rose by 26% to ₹962 crore from ₹761 crore a year ago. The company’s board has recommended a final dividend of ₹1.05 per equity share of face value ₹10 for the year 2024–25. This dividend proposal will be confirmed during the upcoming Annual General Meeting (AGM).

Strong Asset Growth and Improved Loan Quality

HUDCO reported a 35% increase in Assets Under Management (AUM), beating its own growth target of over 30%. Its Net Interest Margin (NIM), a measure of lending profitability, came in at 3.22%, slightly above the expected 3.2%.

The company also showed improved asset quality:

• Gross NPA fell to 1.67% from 2.71%

• Net NPA dropped to 0.25% from 0.36%

Plan to Raise ₹2,190 Crore via Bonds

HUDCO announced plans to raise up to ₹2,190 crore through debentures.
Its Bond Allotment Committee approved the issuance of unsecured, taxable, redeemable, non-convertible, and non-cumulative debentures (NCDs) at ₹1,00,000 each via private placement. These bonds will mature in 5 years and carry an annual interest rate (coupon) of 6.9%, with interest paid once a year.

HUDCO Share Price Movement 

Following the Q4 results, HUDCO stock price was trading nearly 2% lower.
On the BSE, the share touched a high of ₹223.45 and a low of ₹208 on the same day.

Conclusion

HUDCO’s Q4 results reflect stable growth, improved asset quality, and strong income performance. With fresh fundraising plans, the company appears well-positioned for future expansion. 

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

 

MRF, one of the most highly valued companies in India, announced its financial results for the fourth quarter of FY25 on May 7, 2025. Along with strong profit growth, the company also declared a large dividend payout for its shareholders.

Final Dividend of ₹229 Per Share Announced

MRF’s Board of Directors has approved a final dividend of ₹229 per share, which equals 2,290% on a face value of ₹10. This is in addition to 2 interim dividends of ₹3 each already paid earlier during the financial year.

With this final dividend, the total dividend for the financial year 2024–25 stands at ₹235 per share (2,350%).

The company, however, has not yet announced the record date for this final dividend payout.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

MRF Dividend History

In the past 12 months, MRF has paid a total equity dividend of ₹200 per share. Despite these large payouts, the dividend yield is just 0.15% due to the high stock price of the company, which is around ₹1.4 lakh per share.

The last interim dividend of ₹3 was announced with a record date of February 14, 2025. Before that, the company paid another ₹3 interim dividend with a record date of November 19, 2024.

Q4 FY25 Financial Highlights

• Net Profit: ₹497.85 crore, which is a 31% increase compared to ₹379.55 crore in the same quarter last year.

• Compared to the previous quarter, net profit rose by 62%, up from ₹306.72 crore in Q3 FY25.

• Revenue from operations in  Q4 FY25 stood at ₹6,943.84 crore, showing an 11.7% year-on-year (YoY) growth.

• On a quarter-on-quarter (QoQ) basis, revenue remained largely unchanged.

Stock Market Reaction

MRF’s share price responded positively to the strong earnings and generous dividend announcement. While the stock traded flat for most of the day, it saw a sharp increase after the results were made public.

MRF shares climbed as much as 4.84% to reach an intraday high of ₹1,41,505 per share.
As of 2:00 PM on May 7, the stock was trading at ₹1,40,200, marking a 3.88% gain for the day.

Conclusion

MRF’s strong Q4 performance and massive ₹229 per share dividend highlight its solid fundamentals and commitment to shareholder returns. With rising profits and steady revenue, investor sentiment remains upbeat, as reflected in the stock’s sharp rally post-results.

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

 

 

Federal Bank has announced new service charges effective June 1, 2025, for various banking services like ATM use, locker rent, and minimum balance requirements. These changes aim to better reflect operational costs and encourage digital banking.

ATM Transaction Charges

• Free ATM Use at Federal Bank ATMs: Unlimited free transactions unless stated otherwise.

• Other Bank ATMs:
  • 5 free transactions per month (3 in metro cities, 5 in non-metro areas).

  • After free limit:
    • Cash withdrawal: ₹21 per transaction

    • Non-financial transactions (e.g., balance check): ₹8

    • Failed transaction due to insufficient funds: ₹25

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

Cash Deposit & Withdrawal Charges

• Savings accounts get 5 free cash deposits or withdrawals per month or up to ₹5 lakh (whichever is earlier).

• Beyond this limit:
  • ₹4 per ₹1,000 (or part of it)

  • Minimum charge: ₹100 per transaction

This move is expected to promote digital banking for routine needs.

Minimum Balance Requirement

• Delite and Club savings accounts need a monthly average balance (MAB) of ₹5,000.

• If not maintained, penalty applies based on the shortfall:
  • Up to 20% shortfall: ₹75

  • Over 80% shortfall: up to ₹375

• Senior citizens and rural customers will get reduced penalty rates.

Locker Rent Charges

• Locker rent depends on the branch location and locker size.
  • Rural areas: ₹2,000 to ₹5,500 per year

  • Metro cities: ₹2,950 to ₹12,800 annually

• A refundable key deposit is also applicable.

Other Service Charges

• Inward cheque return: ₹500 (₹400 for seniors and rural customers)

• Account closure:
  • No fee if closed within 14 days of first funding

  • ₹100–₹300 if closed between 6 to 12 months, based on customer category

About Federal Bank

Federal Bank Limited is a private sector bank based in Aluva, Kerala. It operates over 1,588 branches and more than 2,079 ATMs and cash deposit machines (CDMs) across India. The bank also has representative offices in Abu Dhabi and Dubai, extending its presence beyond Indian borders.

As of 1:57 PM IST on May 7, Federal Bank share price is trading at ₹189.81, up ₹2.52 or 1.35% for the day. The stock opened at ₹183.15 and has touched a high of ₹190.30 and a low of ₹183.15 so far. The bank has a market capitalisation of ₹46,620 crore, a price-to-earnings (P/E) ratio of 11.30, and offers a dividend yield of 0.63%. Over the past 52 weeks, the stock has traded between a low of ₹148.00 and a high of ₹217.00.

Conclusion

The new charges reflect Federal Bank’s push toward digital transactions and operational efficiency. Customers should review their account activity and consider switching to digital modes or maintaining required balances to avoid extra fees.

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

NHPC share price is in focus after the state-run power company raised ₹1,945 crore through bonds. According to a stock exchange filing, the company issued Unsecured, Redeemable, Non-Convertible, Non-Cumulative, and Taxable 6.86% AF Series Bonds 2040 on a private placement basis on May 6, 2025.

Stock Performance

NHPC shares closed 3.60% lower at ₹81.62 on Tuesday on the BSE. The company’s market capitalisation stands at ₹82,007 crore.

• The stock has fallen 20% over the past year, but gained 79% in the last two years.
• It hit a 52-week high of ₹118.85 on July 15, 2024, and a 52-week low of ₹71.01 on February 12, 2025.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

Q3 FY25 Financial Performance

For the third quarter ended December 31, 2024:

• Net profit dropped 52.5% YoY to ₹231 crore from ₹486.7 crore.

• Revenue rose 11.3% to ₹2,286.8 crore from ₹2,055.5 crore YoY.

• EBITDA increased 35.8% to ₹1,021.5 crore from ₹752.1 crore in the same period last year.

About NHPC

NHPC Limited generates and sells bulk power to various utilities. Apart from power generation, the company is also involved in:

• Project management and construction contracts

• Consultancy services

• Power trading

Its major power stations include Salal, Dulhasti, Kishanganga, Nimoo Bazgo, Chutak, Tanakpur, and Chamera among others.

Conclusion

Despite a weak quarterly profit, NHPC’s fundraising shows strong investor interest and may support future expansion. Investors will watch how the capital is deployed and whether the stock can regain momentum.

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

 

Defence-related stocks surged after India launched Operation Sindoor, just 2 weeks after the deadly terror attack in Pahalgam that claimed 26 lives. This military response and rising geopolitical tension have boosted investor interest in the sector.

Top Gainers in the Defence Sector

• Paras Defence & Space Technologies share price saw the highest jump, rising over 4% to ₹1,412.50.

• Mazagon Dock Shipbuilders share price rose more than 2% to an intra-day high of ₹3,035.30.

• Garden Reach Shipbuilders & Engineers share price increased 2% to ₹1,868.70.

• Astra Microwave Products share price was up 1.8% at ₹847.35.

• Hindustan Aeronautics (HAL) share price climbed 1.6% to ₹4,581.

While most defence stocks were in the green, some like Avantel, Ideaforge Technology, and MTAR Technologies traded lower.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

Defence Sector Sees Massive Gains

Since the April 22 terror attack in Kashmir, defence companies have added nearly $5 billion in market value. The current rally is being driven by rising military activity and concerns over tensions with Pakistan. An airstrike by Indian forces on terror camps and a scheduled mock drill have kept investor sentiment strong.

Market Overview

Despite opening lower, both major indices recovered:

• Nifty 50 was up 22 points at 24,401.

• BSE Sensex rose 77 points to 80,717.71.

Stock Performance Highlights

Paras Defence

• Up 5% in the last 5 trading sessions

• Gained 50% over the past month

• Rose more than 30% in 6 months

• Delivered 95% returns over the last year

• Recently partnered with Israel’s HevenDrones to manufacture hydrogen-powered drones in India — one of the first such ventures with quick deployment capabilities

Mazagon Dock

• Up 3.8% in the last 5 days

• Gained 28% in one month and 39% in 6 months

• Turned multibagger with a 174% return in 1 year

Other Defence Stocks to Watch

Keep an eye on BEL, BDL, and Garden Reach Shipbuilders, as they operate in similar defence-related areas and could benefit from the ongoing momentum.

Conclusion

With growing geopolitical concerns and increased defence activity, investor confidence in the defence sector is gaining strong momentum. As India strengthens its military posture, defence stocks are expected to remain in focus, offering potential long-term growth opportunities. Keep an eye on sector leaders as the situation unfolds.

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

On May 7, 2025, the European College of Sport and Exercise Physicians (ECOSEP) and Tata Elxsi announced a strategic partnership. Their goal is to transform sports and exercise medicine by combining ECOSEP’s medical expertise with Tata Elxsi’s artificial intelligence (AI) and machine learning (ML) technology.

Focus Areas of the Collaboration

The partnership will focus on creating AI-powered healthcare tools that can:

• Offer advanced diagnostic solutions

• Develop personalised treatment plans

• Predict and prevent injuries

• Monitor athletes’ health in real-time

The collaboration was initiated by Dr. Pakravan, Vice Chair of ECOSEP, and facilitated by General Secretary Dr. Malliaropoulos. ECOSEP President Prof. Nicola Maffulli said this partnership merges technology and medical science to provide full-circle care for athletes. He emphasised the goal of using Tata Elxsi’s technology to improve both performance and health outcomes for athletes.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025. 

Tata Elxsi’s Role

Anup SS, Head of AI and ML at Tata Elxsi, expressed excitement about the partnership. He stated that combining clinical knowledge with advanced data analysis will help create smart tools for early diagnosis and personalised athlete care. He believes this will lead to faster, smarter, and more human-centric sports medicine.

Future Plans

This collaboration is just the beginning. ECOSEP and Tata Elxsi plan to work together on research, clinical trials, and the development of new AI-based tools. Their shared goal is to advance musculoskeletal and sports medicine.

Tata Elxsi will also participate in the 9th ECOSEP Congress in Düsseldorf in November 2025 to share early findings and discuss new research opportunities.

About Tata Elxsi

Tata Elxsi is a global design and tech services company based in Bangalore. It works across industries like healthcare, automotive, communications, and consumer electronics. The company’s Healthcare & Life Sciences division is ISO 13485 certified and collaborates with major medical device makers and pharmaceutical firms. With global studios and development centres, Tata Elxsi supports clients through every stage of product development.

As of 10:48 am IST on May 7, 2025, Tata Elxsi share price was trading at ₹5,697.50, with a market capitalisation of ₹35,480 crore, a P/E ratio of 45.22, and a dividend yield of 1.23%. The stock has touched a 52-week high of ₹9,080.00 and a 52-week low of ₹4,700.00.

Conclusion

The ECOSEP–Tata Elxsi partnership marks a significant leap in sports healthcare, bringing together technology and medical science to offer smarter, personalised, and proactive athlete care. With continued innovation and collaboration, the future of sports medicine looks more connected and intelligent than ever before.

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

 

Hindustan Petroleum Corporation Ltd (HPCL), a government-owned oil marketing company, reported its financial results for the January–March 2025 quarter (Q4 FY25) on May 6.

Profit Rises Despite Slight Drop in Revenue

HPCL posted a standalone net profit of ₹3,355 crore in Q4 FY25, which is an 18% increase compared to ₹2,843 crore in the same quarter last year. However, total income for the quarter fell by 2.7% to ₹1,19,126 crore from ₹1,22,386 crore in Q4 FY24.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025.

LPG Subsidy Impact Not Accounted in Income

The company mentioned a negative buffer of ₹10,894.53 crore due to the gap between the market price of LPG cylinders and what consumers actually pay. As per directions from the Ministry of Petroleum and Natural Gas (MoPNG), this amount is to be kept aside for future adjustments. HPCL said that since the government has not yet authorised revenue recognition for this amount, it has not been included in their income statement.

Crude Processing and Sales Volumes Improve

HPCL processed 6.74 million metric tonnes (MMT) of crude oil during the quarter, up from 5.84 MMT last year. Domestic market sales also rose slightly to 12.11 MMT from 11.80 MMT, while export sales increased to 0.59 MMT from 0.53 MMT on a year-on-year basis.

Dividend Declared for FY25

HPCL declared a final dividend of ₹10.50 per share for the financial year 2024–25. The record date for identifying eligible shareholders is set for August 14, 2025.

HPCL had paid ₹11.00 per share in dividends over the past 12 months, giving it a dividend yield of 2.77%. The previous final dividend of ₹11 had a record date of August 9, 2024.

HPCL Share Price Movement

As of May 7, 2025, at 9:51 AM IST, HPCL share price is trading at ₹395.30, down ₹1.50 or 0.38% for the day. The stock opened at ₹394.00 and has touched an intraday high of ₹403.20 and a low of ₹392.60. HPCL has a market capitalisation of ₹84,160 crore, a price-to-earnings (P/E) ratio of 13.95, and a dividend yield of 5.31%. Over the past 52 weeks, the stock has reached a high of ₹457.15 and a low of ₹287.55.

Conclusion

Despite a dip in revenue and pending LPG subsidy dues, HPCL delivered strong quarterly earnings, higher crude throughput, and rewarded shareholders with a solid dividend.

 

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

Piramal Enterprises Ltd. (PEL), a major non-banking financial company (NBFC) in India, has announced its financial results for the fourth quarter (Q4) and full year ending March 31, 2025 (FY25).

Key Financial Highlights – FY25

• Assets Under Management (AUM)

Total AUM rose by 17% year-on-year (YoY) to ₹80,689 crore, led mainly by the Growth business.

• Growth AUM grew 36% YoY to ₹73,769 crore.

• Legacy (discontinued) AUM declined 53% YoY to ₹6,920 crore and is expected to reduce further to ₹3,000–3,500 crore in FY26.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025.

• Profit and Recovery
  • Profit After Tax (PAT): ₹102 crore in Q4 vs ₹39 crore in Q3; FY25 PAT stood at ₹485 crore (vs a loss of ₹1,684 crore in FY24).

  • AIF recoveries totaled ₹802 crore in Q4 and ₹926 crore for the year.

• Other Financial Indicators:
  • Gross NPA at 2.8% and Net NPA at 1.9%.

  • Growth business credit cost at 1.8%.

  • Net worth: ₹27,096 crore; Capital Adequacy Ratio: 23.6%.

  • Liquidity position: ₹10,084 crore in cash and liquid assets.

Major Developments

• Raised $815 million in FY25 from international markets, including $265 million in Q4 via the ECB (External Commercial Borrowing) route.

• Notable embedded value in the balance sheet includes stakes in Shriram Life and General Insurance, AIF recoveries, and deferred payments from past business sales.

PEL-PFL Merger Update

• PCHFL, a PEL subsidiary, was renamed Piramal Finance Ltd (PFL) and reclassified from a housing finance company to an Upper Layer NBFC.

• PFL is now among the top 10 private NBFCs in India.

• RBI has approved the merger of PEL with PFL; the company has begun the NCLT approval process.

Growth Business – Retail Lending

• Retail AUM increased by 35% YoY to ₹64,652 crore.

• Mortgage Loans account for 68% of retail AUM at ₹43,841 crore.

• Disbursements in Q4 stood at ₹9,754 crore, up 9% YoY.
  • Mortgage disbursements grew 21% to ₹5,821 crore.

  • Cross-sell accounted for 30% of unsecured and 10% of total retail disbursements.

• Delinquency (90+ DPD) remained low at 0.8%.

• Operating Efficiency: Opex to AUM ratio reduced by 220 basis points over two years to 4.3%.

• Network: 517 branches across 428 cities in 26 states.

• 16 partnerships for co-lending and direct assignment with top public and private banks and NBFCs.

Growth Business – Wholesale Lending (Wholesale 2.0)

• AUM grew 44% YoY to ₹9,117 crore.

• Disbursements in Q4 were ₹1,708 crore, up 18% YoY.

• Repayments totaled ₹1,496 crore in Q4.

• Effective Interest Rate: 14.4%, with an average loan size of ₹70 crore.

• Pre-payments made up 45% of total disbursements in FY25, indicating healthy asset quality.

Debt and Borrowing Management

• Average borrowing cost at 9.1%, which has now started easing.

• Diversified borrowing through securitization and overseas funding.

• Improved fixed-to-floating rate debt mix at 57:43.

• Asset-Liability Management (ALM) remains positive across time buckets.

About Piramal Enterprises Ltd (PEL)

PEL is a diversified NBFC registered with the Reserve Bank of India. It operates in retail lending, wholesale lending, and fund-based investments. With assets worth ~$10 billion, the company uses advanced technologies including AI-driven platforms to offer financial solutions across sectors.

Conclusion

Piramal Enterprises delivered a strong turnaround in FY25 with significant growth in its lending businesses and a sharp reduction in legacy assets. The successful transition of its subsidiary into Piramal Finance Ltd and the planned merger are expected to strengthen its position as a top-tier NBFC in India. With robust liquidity, a growing customer base, and tech-driven solutions, PEL is well-positioned for sustainable growth in FY26.

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

Indian stock markets are likely to get impacted today due to rising tensions between India and Pakistan. Early this morning, India launched precision airstrikes on terror camps in Pakistan and Pakistan-occupied Jammu and Kashmir. This move came in response to a recent terrorist attack in Pahalgam, as confirmed by the Ministry of Defence. As of 7:33 AM, GIFT Nifty futures were down by 59 points at 23,373, signalling a weak start for the markets.

Markets ended lower on May 6 as investors turned cautious

On Tuesday, the BSE Sensex dropped 155.77 points to close at 80,641.07. The NSE Nifty50 also fell, ending 81.55 points lower at 24,379.60. Both indices showed signs of investor caution ahead of geopolitical developments and global uncertainties.

Read More, Crisil Interim Dividend: ₹8 per Share, Ex-Date is Today May 7, 2025.

Global markets showed mixed trends ahead of key US-China trade talks

Asian markets were mixed in early trade. China’s CSI 300 rose 0.72%, Shanghai gained 1.17%, and Hong Kong’s Hang Seng increased by 1.24%. However, Japan’s Nikkei was slightly down by 0.03%, and Australia’s ASX 200 edged up by 0.23%. In the US, Wall Street indices closed in the red as the Federal Reserve began its two-day policy meeting. The Nasdaq slipped 0.87%, the S&P 500 declined 0.77%, and the Dow Jones fell 0.95%.

Several companies announced their Q4 FY25 results, showing mixed performances

• Mahanagar Gas reported a net profit of ₹252 crore for the March quarter, down from ₹265 crore last year, despite an 18.6% increase in revenue. 
• BSE posted a huge jump in profit to ₹494 crore compared to ₹107 crore in the same quarter last year. 
• Godrej Consumer Products made a strong comeback with a consolidated net profit of ₹411.9 crore, reversing a loss of ₹1,893.2 crore a year ago. 
• Aadhar Housing Finance saw a 21% rise in net profit to ₹245 crore, with interest income increasing to ₹722 crore. 
• HPCL’s profit rose 18% to ₹3,355 crore, helped by higher refining margins of $8.44 per barrel. 
• Meanwhile, Paytm reduced its loss to ₹540 crore from ₹550 crore a year ago.

Tata Motors 

Tata Motors has received shareholder approval to divide its operations into two separate listed companies. One will handle passenger vehicles and the other will manage commercial vehicles. This is expected to bring better focus and growth in both segments.

Gensol Engineering 

The Ministry of Corporate Affairs has launched an investigation into Gensol Engineering. The company is accused of financial misconduct, including fund diversion and poor governance. Earlier, SEBI had barred its promoters from the securities market.

Union Bank of India 

Union Bank has admitted to irregularities in buying the book India@100, authored by former Chief Economic Advisor Krishnamurthy Subramanian. The bank is currently looking into the issue.

Adani Power 

Adani Power has secured a 25-year contract to supply 1,500 MW of electricity to Uttar Pradesh. The power will be delivered at a rate of ₹5.383 per unit, following a competitive bidding process.

Bharti Airtel 

Airtel Africa has signed an agreement with Elon Musk’s SpaceX to bring Starlink’s satellite-based internet services to the continent. This is expected to boost high-speed connectivity in remote areas.

JSW Steel 

JSW Steel has decided to file a review petition after the Supreme Court rejected its resolution plan for Bhushan Power and Steel Ltd. The company is seeking reconsideration of the order.

Conclusion

As geopolitical risks rise and companies reveal mixed Q4 results, investors are expected to stay cautious. Keep an eye on key corporate moves and global signals that may guide the market’s direction in the coming days.

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

Public sector company Housing & Urban Development Corporation (HUDCO) has received board approval to raise ₹2,190 crore by issuing non-convertible debentures (NCDs). The fundraising will be done through a private placement, as per the company’s stock exchange filing on May 6.

Details of the NCD Issue

The NCDs are unsecured, taxable, non-convertible, non-cumulative bonds with a face value of ₹1,00,000 each (Series-B 2025). The total issue size includes a base amount of ₹500 crore and a green shoe option of ₹1,680 crore.

These bonds will offer an interest rate of 6.90% annually and will be repaid at face value at the end of 5 years. Interest payments are scheduled annually on the following dates:

• May 08, 2026

• May 08, 2027

• May 06, 2028

• May 06, 2029

• May 06, 2030

The bonds are planned to be listed on the Bombay Stock Exchange (BSE).

Read More, Coforge Q4 FY25 Results: Net Profit Grows 17% YoY, Declares ₹19 Dividend.    

Previous Fundraising in April

On April 23, HUDCO had also approved another NCD issue of ₹2,430 crore, for a tenure of seven years with the same interest rate of 6.90%.

Q4 FY25 Results and Dividend Announcement on May 7

HUDCO’s board will meet again on May 7 to approve the audited financial results for the March 2025 quarter and full FY25. The board will also consider recommending a final dividend, which will be subject to shareholder approval at the Annual General Meeting (AGM).

HUDCO Share Price Movement

HUDCO shares were under pressure on May 6, falling nearly 4% in intraday trading. The stock opened slightly higher at ₹229.45 but dropped to a low of ₹220.10, marking a 3.8% fall.

Despite today’s dip, the stock has gained 8% in the past month. However, it is down 7.15% so far in 2025. Over the past year, it’s up 3%, and over the last two years, HUDCO has been a multibagger, delivering a 300% return.

Conclusion

HUDCO’s aggressive fundraising through back-to-back NCD issues reflects its strong capital needs for future growth. Investors await the Q4 results and dividend update, which could impact the stock’s near-term movement. Despite recent dips, the long-term returns remain attractive.

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