Chambal Fertilisers Share Price Hits Record High, Jumps 64% in One Year

Chambal Fertilisers share price surged 3% to a new high of ₹588.55 on the BSE during intraday trade on March 6, 2025. The stock has gained 10% in just 2 days and has delivered a strong 64% return in the past year, significantly outperforming the BSE Sensex, which declined 0.40% in the same period.

Strong Market Position and Growth Strategy

Chambal Fertilisers is a leading producer of Urea and also markets bulk fertilisers like Di-Ammonium Phosphate (DAP), NPKs, and Muriate of Potash (MOP). With well-established supply channels and a strong financial base, the company is expanding its presence in both existing and new markets.

It aims to grow by launching new products, particularly in the Crop Protection Chemicals (CPC) and Specialty Nutrients (SN) segments, where demand is rising. Management sees strong potential in new territories, especially for NPK fertilizers, CPC, and SN, which could drive future growth.

Urea Demand and Business Expansion

India’s new Urea plants, operational under the New Investment Policy 2012, have reduced the country’s Urea supply gap. Chambal Fertilisers focuses on supplying Urea in northern and central India, while new plants in the eastern and southern regions will primarily replace imported Urea.

The company is also diversifying by setting up a Technical Ammonium Nitrate (TAN) plant, which, along with timely government subsidy releases, provides further growth opportunities.

Q3 FY25 Performance 

In the October-December 2024 quarter (Q3 FY25), Chambal Fertilisers posted strong revenue growth, but EBITDA fell due to lower margins on traded fertilisers. 

Conclusion

Chambal Fertilisers remains on a strong growth trajectory, driven by its expansion in CPC and SN, new investments, and stable fertiliser demand. While the fertiliser segment lacks major growth drivers, the company’s diversification efforts and strategic investments position it well for sustained 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. 

IRFC Share Price Surges 9% in 3 Days After Navratna Status

Indian Railway Finance Corporation (IRFC) shares have surged 9.2% in the last 3 sessions. The stock gained momentum after the government granted IRFC the prestigious Navratna status, a key milestone for the company. This recognition strengthens IRFC’s position as a major contributor to India’s railway infrastructure.

IRFC was previously classified as a Mini-Ratna Category-I company in March 2018. The stock was listed on exchanges in January 2021 at an IPO price of ₹26, which has now risen to around ₹140.

IRFC’s Financial Strength

CMD & CEO Manoj Kumar Dubey highlighted that achieving Navratna status reflects IRFC’s strong financial position and commitment to India’s railway growth.

As per its latest filings, IRFC reported:
Revenue: Over ₹26,600 crore (FY 2024)
Net Profit: More than ₹6,400 crore (FY 2024)
Market Capitalisation: Over ₹2 lakh crore (as of Dec 31, 2024)

Key Role in Indian Railways

  • IRFC finances nearly 80% of rolling stock for Indian Railways.
  • It was the first CPSE to issue a 30-year bond in global markets.
  • Assets Under Management (AUM): ₹4.61 lakh crore
  • Net Worth: ₹52,000 crore
  • Total Balance Sheet Size: ₹4.81 lakh crore

IRFC’s strong financials and Navratna’s status could further boost investor confidence in the stock.

About Indian Railway Finance Corporation (IRFC)

Indian Railway Finance Corporation (IRFC) is a government-owned public sector enterprise that secures funding for the development and operation of railway infrastructure. It raises capital through financial markets and other borrowing channels. The company operates under the administrative control of the Ministry of Railways, with the Government of India holding a majority stake.

As of March 6, 12:26 PM IST, IRFC share price is trading at ₹120.25, up by ₹2.52 or 2.14% for the day. The stock opened at ₹119.51, reached a high of ₹121.38, and touched a low of ₹118.80. The stock’s 52-week high stands at ₹229.00, while its 52-week low is ₹108.04. Over the past 5 days, IRFC has gained 2%, trading at ₹120.32, up by ₹2.36.

Conclusion

With its upgraded status and solid financials, IRFC continues to play a crucial role in railway financing. The stock’s growth potential remains strong, attracting investor interest.

 

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 Share Price Gain 10% in 3 Days on Jio Payments Bank Deal

Jio Financial Services stock price continued its upward trend for the third consecutive session, rising over 2% on Thursday. The stock hit a high of ₹222.35 per share on the BSE, driven by strong buying interest.

On March 6, nearly 1 crore shares of Jio Financial Services were traded on Indian stock exchanges, compared to 4 crore shares in the previous session. Over the past 3 sessions, the stock has gained more than 10%.

Boost from Jio Payments Bank Acquisition

The rally follows Jio Financial’s decision to buy the remaining stake in Jio Payments Bank from State Bank of India (SBI). Currently, Jio Financial owns an 82.17% stake in the bank. On March 4, the company’s board approved the purchase of the remaining 7.9 crore shares from SBI for ₹104.54 crore.

Once the deal is completed, Jio Payments Bank will become a 100% subsidiary of Jio Financial Services. However, the acquisition is subject to approval from the Reserve Bank of India (RBI) and is expected to be completed within 45 days after receiving regulatory clearance.

Stock Performance in Recent Months

Despite the recent rally, Jio Financial shares have faced a downward trend over the past few months:

  • Down 11% in one month
  • Fell 27% year-to-date (YTD)
  • Dropped 34% in six months
  • Declined 32% over the past year

As of 11:10 AM, Jio Financial share price were trading 2.05% higher at ₹221.60 per share on the BSE.

Conclusion

While Jio Financial has rallied recently, it remains in a broader downtrend, losing 27% YTD. Investors should watch for RBI approval and long-term growth prospects.

 

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. 

BPCL, HPCL, IOC Shares Surge as Crude Falls Below $70; ONGC, Oil India Face Pressure

Shares of Indian oil marketing companies (OMCs) jumped on March 6 after Brent crude oil dropped below $70 per barrel, its lowest in 3 years. The decline boosted stocks of Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), and Indian Oil Corporation (IOC), which surged up to 5%.

BPCL shares rose 3.2% to ₹264.20, HPCL shares gained 4.8% to ₹342.30, and IOC shares climbed 3.7% to ₹126.75 on the BSE.

Crude Prices Drop as OPEC+ Plans to Raise Supply

Oil prices fell after OPEC+ announced it would gradually reverse voluntary production cuts. The alliance plans to add 2.2 million barrels per day (mbpd) over the next 2 years, partially restoring the 5.9 mbpd supply cut since 2022.

Currently, Brent crude is up 0.56% at $69.69 per barrel, while U.S. West Texas Intermediate (WTI) crude has gained 0.59% to $66.70 per barrel. Over the past 4 sessions, Brent has dropped 6.5%, reaching its lowest since December 2021, while WTI has fallen 5.8%, its weakest level since May 2023.

OMCs to Benefit from Higher Margins

Crude at $70 per barrel creates a “sweet spot” for OMCs, allowing them to earn higher marketing margins on petrol and diesel.

  • Diesel margins: ₹8 per litre
  • Petrol margins: ₹12 per litre

Reports suggest the government may offer an LPG subsidy of ₹20,000 crore.

Impact on ONGC, Oil India, and GAIL

For upstream producers, ONGC and Oil India, crude at $70-75 per barrel may result in a 6-9% earnings cut. However, their stocks have already corrected in anticipation of lower crude prices, limiting further downside.

  • Production update: ONGC’s oil production rose 1.5% YoY in January, supported by its KG 98/2 project, while Oil India’s gas production increased 7%. However, overall crude output grew only 1% YoY.

Meanwhile, GAIL may face challenges in its petrochemical and gas marketing business due to falling crude prices, as its earnings are linked to oil prices. Additionally, its U.S. LNG sales margins may be affected by stable Henry Hub gas prices at $4.4 per million British thermal units (mmbtu). 

Conclusion

Falling crude prices create profit opportunities for OMCs with higher margins. However, upstream producers like ONGC and Oil India may face earnings cuts in the near term.

 

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. 

REC, RBL, PNB Lead Bank and NBFC Rally as RBI Injects ₹1.9 Trillion Liquidity

Banking and NBFC stocks surged on Thursday, March 6, 2025, after the Reserve Bank of India (RBI) announced measures to add nearly ₹1.9 trillion in liquidity to the banking system.

Banking Stocks Gain Amid Liquidity Boost

The Nifty PSU Bank index climbed 1.46% (86.3 points), reaching an intraday high of 5,976.75. The Nifty Bank index also rose 0.72% (349.15 points), touching 48,839.10.

Among PSU banks, notable gainers included

Other PSU banks like Bank of India, Union Bank, Indian Overseas Bank, and Canara Bank gained between 0.7% and 1.3%, while SBI and Indian Bank saw minor declines of up to 0.3%.

In the Nifty Bank index, key performers included

Private Banks and NBFCs Also Rally

The Nifty Private Bank index gained 0.67% (163.7 points), reaching 24,401.85, while the Nifty Financial Services index rose 0.64% (148.05 points) to 23,198.65.

Top gainers in private banks

  • RBL Bank: +3%
  • City Union Bank: +2%
  • Bandhan Bank, Axis Bank, Federal Bank, and IDFC First Bank saw gains between 0.5% and 1%.

NBFC stocks also saw strong buying interest

  • REC, Shriram Finance, LIC Housing Finance, PFC, ICICI General Insurance, Cholamandalam Investment, MCX, and Muthoot Finance gained up to 4%.

RBI’s Plan to Inject Liquidity

The RBI has announced a liquidity infusion through Open Market Operations (OMO) by purchasing government securities worth ₹1 trillion in two phases:

  • ₹50,000 crore on March 12
  • ₹50,000 crore on March 18

Additionally, the central bank will conduct a USD/INR buy-sell swap auction worth $10 billion with a 36-month tenor on March 24.

For the past 11 weeks, the banking system faced a liquidity deficit, though it recently narrowed to ₹20,000 crore as of Tuesday. Earlier this year, the RBI had conducted OMO auctions worth ₹60,000 crore and USD/INR swaps of $5 billion and $10 billion in January and February.

These measures are expected to support liquidity, stabilise interest rates, and boost lending activity in the banking sector.

Conclusion

The RBI’s liquidity measures are expected to ease the banking system’s cash crunch, support lending, and stabilise interest rates, driving positive sentiment in banking and NBFC stocks.

 

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. 

Dividend, Bonus, and Stock-Split: SBI Life, Metro Brands, Bisil Plast and Pradhin in Focus Today

Several companies will be in focus in today’s (March 6, 2025) trading session due to their corporate actions. According to data from the BSE, shares of Bisil Plast, Metro Brands, Pradhin, and SBI Life Insurance Company will trade ex-date tomorrow, March 7. Here are the key details:

SBI Life Insurance Declares Interim Dividend

SBI Life Insurance Company has announced an interim dividend of ₹2.70 per share.

  • Record date: March 7, 2025
  • Investors holding shares before this date will be eligible to receive the dividend.

Metro Brands Announces Interim and Special Dividend

Metro Brands has declared 2 types of dividends for its shareholders:

  • Interim dividend: ₹3 per share
  • Special dividend: ₹14.50 per share
  • Record date: March 7, 2025

Bisil Plast to Trade Ex-Date for Rights Issue

Bisil Plast will remain in focus as its shares trade ex-date for a Rights Issue tomorrow.

  • Rights Issue details: 48.62 crore equity shares at a price of ₹1 per share.
  • Entitlement: 9 new equity shares for every 1 share held.
  • Record date: March 8, 2025.
  • Shareholders can renounce (sell) their rights if they do not wish to subscribe.

Pradhin Announces Bonus Issue & Stock Split

Pradhin has announced two major corporate actions:

  • Bonus Issue: 2 bonus shares for every 1 existing share.
  • Stock Split: 1 equity share of ₹10 face value will be split into 10 shares of ₹1 each.
  • Record date: March 7, 2025.

Why the Ex-Date Matters?

The ex-date is the day when a stock starts trading without the benefits of a dividend, rights issue, bonus shares, or stock split. Investors must own the stock before the ex-date to qualify for these corporate benefits. The company decides the list of eligible shareholders based on the record date.

These corporate actions could impact stock prices and investor interest in today’s session.

Conclusion

With key corporate actions lined up, these stocks may see increased trading activity. Investors should check record dates to ensure eligibility for dividends, bonus shares, and rights issues.

 

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. 

Major Changes in TDS and TCS Rules from April 1, 2025

The Indian government has introduced several changes in the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rules in Budget 2025. These changes, effective from April 1, aim to simplify tax compliance, reduce unnecessary deductions, and improve cash flow for individuals and businesses. Here’s a look at the key updates:

Higher TDS Limits for Interest, Rent, and Big Payments

TDS is deducted when you earn interest from banks, pay rent, or make large transactions. The new rules will increase TDS deduction limits, ensuring that unnecessary tax deductions do not affect cash flow. This change will help taxpayers by reducing frequent deductions and making tax payments smoother.

More Relief on Sending Money Abroad

If you send money abroad for education, family expenses, or other reasons, there is good news.

  • Previously, TCS was applicable on amounts above ₹7 lakh. Now, this limit has been raised to ₹10 lakh.
  • If the money is sent through an education loan, no TCS will be charged.
    This will significantly benefit students studying abroad and their families by reducing extra tax costs.

No TCS on Business Sales Over ₹50 Lakh

Earlier, businesses had to pay 0.1% TCS on sales exceeding ₹50 lakh. From April 1, 2025, this rule will be removed, leading to:

  • Better cash flow for traders.
  • Easier tax compliance for businesses with high sales volumes.

Lower TDS/TCS for Non-ITR Filers

Until now, individuals who did not file an Income Tax Return (ITR) had to pay a higher rate of TDS/TCS. The new budget removes this rule, providing relief to small businesses and common taxpayers who faced higher deductions earlier.

No Jail for Late TCS Deposits

Previously, failing to deposit TCS on time could result in jail terms ranging from 3 months to 7 years. This has now been removed.

  • If the due amount is deposited within the specified time, no legal action will be taken.
  • This ensures businesses don’t face severe penalties for minor delays.

Conclusion: Easier Tax Compliance & More Financial Relief

Budget 2025 has introduced several positive changes to make tax payments easier for individuals and businesses.

  • Taxpayers will face fewer unnecessary deductions.
  • Students and parents sending money abroad will get relief.
  • Businesses will benefit from improved cash flow and simpler tax rules.

Overall, these changes make tax compliance more straightforward and reduce financial stress for taxpayers.

 

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. 

 

Top Gainers and Losers on March 5, 2025: Sensex, Nifty Rebound; Adani Ports, Tata Steel Lead Gains

On March 5, 2025, the benchmark indices, BSE Sensex and NSE Nifty50, rebounded sharply, closing over 1% higher. The 30-share Sensex surged 740.30 points, or 1.01%, to settle at 73,730.23 after touching an intraday high of 73,933.80.

Meanwhile, the NSE Nifty50 ended its 10-day losing streak, climbing 254.65 points, or 1.15%, to close at 22,337.30. Throughout the session, the index fluctuated between 22,067.80 and 22,394.90. Before Wednesday’s recovery, the Nifty50 had lost 877 points, or 3.8%, over the past 10 sessions.

Top Gainers of the Day

Symbol Open High Low LTP %chng
ADANIPORTS 1,056.80 1,118.65 1,055.00 1,112.45 5.15
TATASTEEL 139 146.49 139 145.68 4.55
ADANIENT 2,153.95 2,258.40 2,148.05 2,242.00 4.53
POWERGRID 256.95 267.2 255.75 264.8 4.25
M&M 2,661.95 2,736.90 2,642.65 2,721.35 4.13

Adani Ports
Adani Ports shares opened at ₹1,056.80 and surged to a high of ₹1,118.65, registering a 5.15% gain and closing at ₹1,112.45.

Tata Steel
Tata Steel shares opened at ₹139.00, reached a high of ₹146.49, and ended the day at ₹145.68, up 4.55%.

Adani Enterprises
Adani Enterprises shares saw a 4.53% rise, opening at ₹2,153.95 and hitting a high of ₹2,258.40 before closing at ₹2,242.00.

Power Grid
Power Grid shares opened at ₹256.95 and climbed to ₹267.20, recording a 4.25% increase and closing at ₹264.80.

M&M
M&M shares started at ₹2,661.95, reached a high of ₹2,736.90, and ended at ₹2,721.35, gaining 4.13%.

Top Losers of the Day

Symbol Open High Low LTP %chng
BAJFINANCE 8,455.00 8,500.00 8,221.00 8,297.00 -3.37
INDUSINDBK 984.25 995.25 970.65 973 -1.48
HDFCBANK 1,701.95 1,710.80 1,688.25 1,692.10 -1.05
SHRIRAMFIN 626.6 637.5 621.5 632 -0.14

Bajaj Finance
Bajaj Finance shares opened at ₹8,455.00 and fell to a low of ₹8,221.00, closing 3.37% lower at ₹8,297.00.

IndusInd Bank
IndusInd Bank shares dropped 1.48% after opening at ₹984.25 and hitting a low of ₹970.65 before settling at ₹973.00.

HDFC Bank
HDFC Bank shares declined 1.05%, opening at ₹1,701.95 and closing at ₹1,692.10 after touching a low of ₹1,688.25.

Shriram Finance
Shriram Finance saw a minor dip of 0.14%, opening at ₹626.60 and ending the day at ₹632.00.

 

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. 

 

KEC International Share Price Gain 3% After ₹177 Crore Tax Refund

KEC International share price, an infrastructure EPC company under RPG Group, rose 2.72% to ₹717.45 on the BSE during intraday trading on March 5, 2025. The stock price gained momentum after the company announced receiving a ₹177 crore tax refund from the Income Tax Department.

Impact of the Tax Refund

Vimal Kejriwal, MD & CEO of KEC International, stated that this refund would strengthen the company’s liquidity and improve its financial position. He also reaffirmed the company’s commitment to operational efficiency and prudent capital management for long-term growth.

About KEC International

KEC International is a leading Engineering, Procurement, and Construction (EPC) company engaged in various sectors, including power transmission & distribution, civil construction, transportation, renewable energy, oil & gas pipelines, and cables. The company is currently executing projects in 30+ countries and has a presence in 110+ countries through EPC projects, tower supply, and cable manufacturing.

Stock Performance

The company has a market capitalisation of ₹19,070.57 crore on the BSE. Its shares have traded within a 52-week range of ₹1,312 (high) and ₹648.45 (low). The stock hit an all-time high of ₹1,312 on December 4, 2024, and an all-time low of ₹21.73 on December 10, 2008. Over the past six months, the stock has declined 27%, while it has dropped 1% in the last year.

Current Market Position

At 1:47 PM, KEC International shares were trading at ₹716.05, up 2.52% from the previous close of ₹698.45. Around 0.40 million shares, worth approximately ₹28.50 crore, were traded on the NSE and BSE. Meanwhile, the BSE Sensex was up 670 points (0.92%) at 73,659, while the NSE Nifty50 gained 234 points (1.1%) to reach 22,316.

Conclusion

The tax refund has improved KEC International’s financial position, boosting investor confidence. The company remains focused on operational efficiency and long-term 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. 

EPFO’s New Rules: Minimum ₹50,000 Insurance for Short Service Tenure

The Employees’ Provident Fund Organization (EPFO) has introduced key updates to the Employees’ Deposit Linked Insurance (EDLI) scheme. These changes were approved during the 237th meeting of the Central Board of Trustees (CBT), led by Union Labor Minister Mansukh Mandaviya. Additionally, CBT has recommended an 8.25% annual interest rate for EPF subscribers.

Key Changes in the EDLI Scheme

  • Minimum Insurance for Short Service Tenure

EPF members who pass away before completing a full year of continuous service will now receive a minimum life insurance benefit of ₹50,000. This update is expected to help over 5,000 families annually in cases of in-service deaths.

  • Eligibility After a Non-Contributory Period

Previously, if an EPF member died after a gap in contributions, their family was denied EDLI benefits. Now, if a member passes away within 6 months of their last contribution and remains on the employer’s rolls, their family will receive the EDLI benefit. This change is set to benefit over 14,000 families each year.

  • Recognition of Service Continuity

Earlier, even a short gap between jobs, such as weekends or holidays, led to the denial of EDLI benefits due to the one-year continuous service rule. The revised rules now allow a gap of up to 2 months between jobs to be considered as continuous service. This ensures EDLI benefits between ₹2.5 lakh and ₹7 lakh for eligible employees, benefiting over 1,000 families annually.

Other Important Updates

  • Higher Pension Applications

EPFO has processed 72% of applications following the Supreme Court’s ruling on higher pension eligibility.

  • Centralised Pension Payment System (CPPS)

From January 2025, pension payments will be made through a centralised account at SBI’s New Delhi branch. This will speed up processing and reduce delays for 69.35 lakh pensioners.

  • Lower Penalties for Late PF Payments

To reduce legal disputes, EPFO has set a standard penalty of 1% per month for delayed PF contributions.

These updates aim to provide better financial security to EPF members and their families while ensuring smoother pension and PF processes.

Conclusion

The new EPFO rules enhance financial security for EPF members and their families, ensuring better insurance coverage, faster pension processing, and streamlined PF payments.

 

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.