Afcons Infrastructure shares moved over 2% higher on Friday. The stock gained up to 2,41% to ₹445.80 per share on the BSE.

Company Overview

Afcons Infrastructure is a leading engineering and construction company under the Shapoorji Pallonji Group. The company has delivered steady performance over the past decade in key financial and operational areas. Among similar-sized listed EPC companies, Afcons has recorded the highest growth in revenue, EBITDA, and net profit from FY09 to FY24.

Financial Growth and Order Book

• Afcons’ order intake and order book have grown at an annual rate of 17%–18% from FY06 to 9MFY25.
• Between FY06 and FY24, the company’s revenue grew at a CAGR of 18%, while net profit grew at 29%.
• Afcons has reduced its debt levels while maintaining consistent growth, making it stand out from competitors.

The company has also diversified its operations across different segments and countries, with international projects contributing 25–30% of its business. 

Stock Performance and Market Trend

Afcons Infrastructure debuted on the stock market on November 4, 2024.

• The stock was listed at ₹426 on the NSE, an 8% discount to its issue price of ₹463.
• On the BSE, it was listed at ₹430.05, a 7.12% discount.
• The stock has traded below its issue price, hitting a high of ₹570 on January 3, 2025, and a low of ₹398.55 on March 3, 2025.

Over the past month, Afcons Infrastructure shares have declined nearly 6%, and the stock is down more than 18% year-to-date.

Current Market Status

Afcons Infrastructure share price rose by 2.41% to ₹448.60 as of 2:33 PM IST on March 7, after opening at ₹440.00. The stock reached an intraday high of ₹448.90 and a low of ₹434.70. The company has a market capitalisation of ₹16,500 crore and a P/E ratio of 31.05. It does not currently offer a dividend yield. Over the past 52 weeks, the stock has hit a high of ₹570.00 and a low of ₹398.20.

Conclusion

With a diversified portfolio, robust revenue growth, and efficient financial management, Afcons Infrastructure remains well-placed for long-term success.

 

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.

Suzlon Energy share price has been on an upward trend for the fourth consecutive session. On Friday, March 7, the stock surged over 9% during intraday trading. It opened at ₹51.94, compared to its previous close of ₹52.13, and climbed to ₹56.94. By 11:50 AM, Suzlon was trading at ₹55.72, reflecting a 6.89% increase. Over the last 4 sessions, the stock has gained nearly 15%.

Why is Suzlon Energy’s Share Price Rising?

The stock has been rising since March 4, following Suzlon’s announcement of expanding its largest commercial and industrial (C&I) order with Jindal Renewables.

Suzlon secured a third order of 204.75 MW from Jindal Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables. This brings Suzlon’s total order capacity from Jindal Renewables to 907.20 MW, making it the company’s largest-ever C&I order.

Earlier, Suzlon had won 2 orders to supply 702.45 MW of wind energy to Jindal Steel’s plants in Chhattisgarh and Odisha. The company stated that C&I customers now contribute 59% of its total order book, which has reached a record-high 5.9 GW.

According to Suzlon’s CEO, JP Chalasani, the company is committed to helping industries decarbonise by providing sustainable energy solutions.

Suzlon Energy Share Price Trend

As of March 6, Suzlon share price had gained over 35% in the past year. The stock hit its 52-week high of ₹86.04 on September 12 and a 52-week low of ₹35.49 on March 14 last year.

However, since reaching its peak in September, the stock has faced a correction. From October to February, Suzlon’s share price dropped 38%, with monthly declines of 16% in October, 6% in November, 1% in December, 7% in January, and 14.5% in February.

According to media reports, the company’s order book is at an all-time high of 5.5 GW, which indicates a positive future outlook.

About Suzlon 

Suzlon is a leading global provider of renewable energy solutions. The company is fully integrated in wind turbine generator (WTG) manufacturing and is involved in installation, operations, and maintenance (O&M) for all its WTG sales. Its operations cover the design, development, and production of key components such as rotor blades, tubular towers, generators, control systems, gears, and nacelles. 

As of March 7, 12:27 PM IST, Suzlon Energy share price stands at ₹55.00, reflecting a gain of 5.57% or ₹2.90 for the day. The stock opened at ₹51.99 and reached an intraday high of ₹56.94, while the lowest price recorded was ₹51.60. Suzlon Energy has a market capitalisation of ₹74,930 crore, a price-to-earnings (P/E) ratio of 65.57, and does not currently offer a dividend yield. The stock’s 52-week high is ₹86.04, while its 52-week low is ₹35.50.

Conclusion

Suzlon Energy’s strong order book and growing demand for wind energy position it for long-term growth. Despite past corrections, the stock’s outlook remains positive.

 

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.

 

Indian Railway Finance Corporation (IRFC) shares have been on an upward trend for 4 consecutive sessions. The stock opened at ₹120.99 on the NSE and quickly reached an intraday high of ₹123.75, marking a 2.5% gain. Over the past 4 sessions, IRFC share price has surged by over 11%, rising from ₹111.13 to ₹123.75.

What is Driving the IRFC Share Price Rally?

The primary reason behind the rally is that IRFC received the prestigious Navratna status from the Government of India. This new designation allows IRFC to make independent business decisions without requiring government approval for certain projects. Market analysts believe this move will streamline operations and improve efficiency, increasing investor confidence in the stock.

IRFC’s Expanding Role in Financing

IRFC plays a crucial role in funding Indian Railways, covering nearly 80% of its rolling stock financing needs. As of March 31, 2024, the IRFC reported a revenue of over ₹26,600 crore and a net profit of ₹6,400 crore. With a market capitalisation of ₹2 lakh crore as of December 31, 2024, IRFC has assets under management (AUM) worth ₹4.61 lakh crore, a net worth of ₹52,000 crore, and a balance sheet size exceeding ₹4.81 lakh crore.

Diversification into New Sectors

Beyond railway financing, IRFC is expanding into power generation and transmission, mining, fuel, coal, warehousing, telecom, and hospitality. The company recently secured funding for 20 BOBR rakes for NTPC worth ₹700 crore and won a bid to finance a ₹3,190 crore loan for Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a subsidiary of NTPC. Additionally, IRFC has been selected to provide ₹7,500 crore in funding to NTPC Renewable Energy Ltd for a Rupee Term Loan.

Future Prospects

IRFC is actively exploring financing opportunities in metro rail projects, port rail connectivity, renewable energy for Indian Railways, and public-private partnership (PPP) projects. With its newly acquired Navratna status and aggressive expansion plans, IRFC is well-positioned for long-term growth, making it a stock to watch in the infrastructure and railway sectors.

About Indian Railway Finance Corporation

Indian Railway Finance Corporation is a government-owned public sector enterprise that secures financial resources for railway expansion and operations through capital markets and other borrowings. The company is primarily owned by the Government of India and operates under the administrative control of the Ministry of Railways.

As of March 7, 2025, at 12:16 PM IST, IRFC share price stands at ₹123.00, up by ₹2.41 or 2.00% for the day. The stock opened at ₹120.99, reached an intraday high of ₹124.99, and touched a low of ₹119.90. The company’s market capitalisation is ₹1.61 lakh crore, with a price-to-earnings (P/E) ratio of 24.61 and a dividend yield of 1.22%. Over the past year, the stock has recorded a 52-week high of ₹229.00 and a 52-week low of ₹108.04.

Conclusion

IRFC’s new Navratna status enhances its operational flexibility, boosting investor confidence. With diversification into new sectors, the company is well-positioned for future 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.

Jio Financial Services share price extended their gains for the fourth consecutive session on Friday. The stock opened at ₹220 per share on the NSE and quickly reached an intraday high of ₹223.21. Over the past 4 sessions, Jio Financial shares have gained more than 11%.

Why is Jio Financial’s Share Price Rising?

The recent rally was due to Jio Financial’s decision to acquire the remaining stake in Jio Payments Bank Ltd from SBI. This move has increased investor confidence in the company, strengthening its position in the financial services sector.

Future Growth and Challenges

Jio Financial’s plan to acquire the remaining stake in Jio Payments Bank from SBI for ₹104.54 crore is a significant strategic move. Currently, Jio Financial owns 82.17% of Jio Payments Bank, and this acquisition will give it complete control.

However, investors should closely monitor Q4 FY25 earnings and management guidance for FY26 before making long-term investment decisions.

About Jio Financial Services Ltd

Jio Financial Services Ltd is a Mumbai-based financial services company in India. Initially a part of Reliance Industries, it became an independent entity after being demerged and was listed on Indian stock exchanges in August 2023.

As of March 7, 2025, at 11:36 AM IST, Jio Financial Services share price is trading at ₹223.80, up by ₹3.86 or 1.76% for the day. The stock opened at ₹220.00 and reached an intraday high of ₹224.50, while the low was ₹218.79. The company’s market capitalisation stands at ₹1.42 lakh crore, with a price-to-earnings (P/E) ratio of 88.37. The stock has a 52-week high of ₹394.70 and a 52-week low of ₹198.65.

Conclusion

Jio Financial’s decision to fully acquire Jio Payments Bank strengthens its position in the financial sector. However, investors should track upcoming earnings and guidance before making long-term decisions.

 

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.

The Delhi government, led by the Bharatiya Janata Party (BJP), will start accepting applications for the Mahila Samriddhi Scheme from March 8, coinciding with International Women’s Day. Under this scheme, eligible women in Delhi will receive ₹2,500 per month as financial assistance.

Scheme Launch and Beneficiaries

The official launch of the scheme is expected to take place at Chhatrasal Stadium, where some women may receive their financial aid during the event. It is estimated that around 15 to 20 lakh women in Delhi could qualify for this scheme.

What is the Mahila Samriddhi Scheme?

The Mahila Samriddhi Scheme is designed to offer financial support to women from economically weaker sections. Chief Minister Rekha Gupta has reaffirmed her commitment to implementing this promise. Under the scheme, ₹2,500 per month will be transferred directly to beneficiaries’ bank accounts through Direct Benefit Transfer (DBT).

Who Can Apply? (Eligibility Criteria)

To qualify for the scheme, women must meet the following conditions:

• Age: Between 18 and 60 years.
• Employment Status: Should not be employed in a government job.
• Other Government Aid: Must not be receiving financial assistance from any other government scheme.
• Household Income: The annual family income should be less than ₹3 lakh, and the applicant should not be a taxpayer.

Documents Required

Although the official list of documents has not yet been released, applicants may need to submit:

• Aadhaar Card
• Ration Card
• Address Proof
• Registered Mobile Number

How to Apply? (Registration Process)

The application process will be linked to Aadhaar numbers. Women will have to provide their name, location, address, Aadhaar-linked bank account details, and family information.

Online Registration Portal

The Delhi government is working on an online portal for registrations. The Information Technology Department is also developing software to verify applications and identify eligible women. Data from government sources, such as the Chief Electoral Officer and the Food and Civil Supplies Department, will be used to ensure accuracy and prevent fraud.

This initiative aims to provide financial support to women from low-income backgrounds and improve their economic stability.

Conclusion

The Mahila Samriddhi Scheme aims to empower economically weaker women in Delhi by providing monthly financial assistance. With a streamlined application process, this initiative is set to enhance economic stability and social welfare for thousands of beneficiaries.

 

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.

Metro Brands will be in focus today as their shares trade ex-dividend on March 7, 2025. The companies have set this date as the record date to determine shareholders eligible for the dividend payout.

Dividend Eligibility and T+1 Settlement Rule

Under the T+1 settlement rule, investors had to buy shares of Metro Brands by March 6, 2025, to be eligible for the dividend. Only shareholders whose names appear in the company’s records as of March 7 will receive the dividend.

Metro Brands Dividend

Metro Brands has declared both an interim and a special dividend.

• Interim Dividend: ₹3 per share
• Special Dividend: ₹14.50 per share
• Face Value of Shares: ₹5
• Record Date: March 7, 2025
• Payout Timeline: Within 30 days of the announcement

Investors who held these stocks as of the record date will receive their dividend within the stipulated timeframe.

About Metro Brands

Metro Brands, formerly known as Metro Shoes, is a Mumbai-based multi-brand footwear retail company in India. As of 2021, it has 598 stores across 136 cities nationwide.

As of March 7, 2025, at 10:02 AM IST, Metro Brands share price is trading at ₹1,134.25, down by ₹3.85 (0.34%). The stock opened at ₹1,120.55, reached a high of ₹1,136.90, and a low of ₹1,120.55. The company has a market capitalisation of ₹30,850 crore, a P/E ratio of 75.35, and a dividend yield of 0.53%. Its 52-week high stands at ₹1,430.00, while the 52-week low is ₹990.05.

Conclusion

Shareholders as of March 7, 2025, will receive dividends as per schedule, with payouts expected within 30 days for Metro Brands.

 

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.

On March 6, 2025, the benchmark indices, BSE Sensex and NSE Nifty50, extended their gains for the second straight session, closing in positive territory on Thursday. The Sensex touched an intraday high of 74,390.80 before settling at 74,340.09, marking an increase of 609.86 points or 0.83% from the previous close.

Likewise, the Nifty50 ended the session at 22,544.70, gaining 207.40 points or 0.93%. Throughout the day, the index fluctuated between a high of 22,556.45 and a low of 22,245.85.

Top Gainers of the Day

Asian Paints

Asian Paints shares surged 4.75% to ₹2,267.00, rising ₹77.15 from the opening price, hitting a high of ₹2,275.00.

Coal India

Coal India gained ₹12.10 or 3.77%, reaching ₹382.15 after opening at ₹370.05, with a high of ₹384.15.

BPCL

BPCL shares increased by 3.56% to ₹264.96, touching a high of ₹265.95 from an opening of ₹260.00.

Hindalco

Hindalco saw a 3.51% jump, climbing ₹15.50 to ₹680.45, peaking at ₹687.60 from an opening of ₹664.95.

Reliance

Reliance shares rose 3.05% to ₹1,211.50, hitting a high of ₹1,213.95 after opening at ₹1,197.00.

Top Losers of the Day

Tech Mahindra

Tech Mahindra shares declined by 2.35% to ₹1,501.90, touching a low of ₹1,500.95 after opening at ₹1,541.00.

Trent

Trent shares dropped 1.12% to ₹5,048.90, hitting a low of ₹4,970.95 after opening at ₹5,174.50.

BEL

BEL shares fell 0.88% to ₹272.50, reaching a low of ₹271.83 after opening at ₹276.21.

Britannia

Britannia shares decreased by 0.68% to ₹4,690.00, touching a low of ₹4,654.65 from an opening price of ₹4,725.00.

Kotak Bank

Kotak Bank shares declined 0.67% to ₹1,920.15, with a low of ₹1,909.85 after opening at ₹1,944.00.

Conclusion

The market extended its rally for the second straight session, with strong performances from Asian Paints and Coal India. Investors should stay cautious as volatility persists.

 

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.

Brainbees Solutions share price, the parent company of FirstCry, surged 15.20% on March 6, reaching ₹420.85 in intraday trade. This marks the biggest single-day jump since the stock’s August 2024 listing. Trading volumes were high, with 2.6 million shares exchanged across NSE and BSE by 2:00 p.m.

Stock Performance and Recent Struggles

Despite today’s rally, the stock has been under pressure in recent months. It fell 21% in February and 26.71% in January, leaving it 11% below its IPO price of ₹465 and 44% below its peak of ₹731. Today’s recovery has been a relief for retail investors, who own 66% of the company as of Q3FY25.

Recent Developments

Brainbees Solutions announced on March 3 that its Chief of Staff, Sanket Raghavendra Hattimattur, resigned for personal reasons. However, he will continue serving as a non-executive director on the board.

Financial Performance

The company reported a 69.6% reduction in net loss, bringing it down to ₹14.7 crore in Q3FY25, compared to ₹48.4 crore a year ago. This improvement was driven by strong revenue growth, which rose 14.3% to ₹2,712.3 crore, from ₹1,900 crore in the same period last year.

Conclusion

Despite recent struggles, Brainbees Solutions’ strong revenue growth and improving financials have boosted investor confidence. 

 

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. 

Mukka Proteins share price jumped over 8% on March 6, 2025, after securing multiple new supply orders. These deals have strengthened its market position, pushing its total order book to around ₹200 crore.

New Supply Agreements

The company has signed a ₹31.77 crore supply deal with Avanti Feeds for fish meal and fish oil in the domestic market. It also secured an international order worth $2,20,000 (₹1.91 crore) from Bangladesh-based Padma Feed & Chicks. Additionally, its subsidiary, Mukka Proteins Vietnam, placed an order for fish meal worth $10,00,000 (₹8.7 crore). These orders will be fulfilled immediately, highlighting the company’s efficiency in meeting rising demand.

Mukka Proteins stated that these deals reinforce its strong position in the global marine protein sector and its commitment to high-quality, sustainable products.

Q3 FY25 Financial Performance

In Q3 FY25, Mukka Proteins’ net profit surged 151% YoY to ₹25 crore, driven by cost efficiencies. However, revenue declined 40% YoY to ₹280 crore from ₹468 crore. On a sequential basis, revenue recovered strongly, rising 130% to ₹122 crore compared to the previous quarter. The profit margin also improved from 2% to 8.5% YoY.

CEO K Mohammed Haris attributed the company’s performance to cost-effective production and a diverse customer base. He noted that despite challenges like higher fishing limits in Peru affecting pricing, Mukka Proteins has maintained profitability through efficiency and strategic planning.

Future Growth Plans

As India’s largest fish meal and fish oil producer, Mukka Proteins aims to expand its production capacity, diversify its product range, and enter new global markets. The company is focused on strengthening its role in global food security through sustainable and scalable operations.

Market Trends and Stock Outlook

Following the new order announcements, Mukka Proteins’ stock hit an intra-day high of ₹35.80, though it remains 36% below its 52-week high of ₹56.52 from July 2024.

The stock had dropped 6.6% in February and 11.2% in January but remains 28% above its IPO issue price of ₹28. With a strong order pipeline and strategic expansion, Mukka Proteins is well-positioned for long-term growth.

Conclusion

With a growing order book, rising profitability, and strategic expansion, Mukka Proteins is strengthening its global presence. The company remains well-positioned for sustained 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.