Mazagon Dock Shipbuilders Limited (NSE: MAZDOCK), a premier defence public sector undertaking, has announced its 2nd Interim Dividend of ₹3 per equity share (of face value ₹5 each) for the financial year 2024-25. This decision was approved in the board meeting held on April 8, 2025.

Important Dates to Remember

• Record Date: Wednesday, April 16, 2025.

• Dividend Payment Deadline: On or before May 7, 2025.

Shareholders whose names appear in the register or records of the depositories as of the Record Date will be eligible to receive the dividend.

Mazagon Dock Dividend Payout History

Mazagon Dock Shipbuilders has demonstrated a strong dividend-paying track record, highlighting its consistent financial performance. In recent years, the company has regularly announced both interim and final dividends.

Notably, it declared an interim dividend of ₹23.19 in October 2024 and a final dividend of ₹12.11 in May 2024. This trend of rewarding shareholders is evident from past payouts, including ₹15.34 (interim) in November 2023 and ₹6.86 (final) in May 2023, reinforcing its commitment to shareholder returns.

Strong Turnover Growth

Mazagon Dock reported a 14% year-on-year increase in turnover, reaching approximately ₹10,775.34 crore in FY25, compared to ₹9,466.58 crore in FY24.

The company’s board has also appointed Ruchir Agrawal, Director (Finance), as the new Chief Financial Officer (CFO).

Mazagon Dock Share Price Performance

As of 09 April 2025, shares of Mazagon Dock Shipbuilders Limited were trading lower, with the stock declining by 2.06% to reach ₹2,310.05 at 9:55 AM on the NSE.

The previous close was ₹2,358.70, while the stock opened at ₹2,365.00 and hit an intraday high of ₹2,370.00 before dipping to a low of ₹2,290.95.

Read More: Upcoming Dividends in April 2025: Varun Beverages, RailTel Corp, MSTC & More.

Conclusion

Mazagon Dock Shipbuilders continues to showcase strong financial health and a commitment to rewarding shareholders through consistent dividend payouts. With robust turnover growth and strategic leadership appointments, the company remains a key player in the defence manufacturing sector.

 

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 April 8, 2025, domestic equities saw a sharp rebound, with the NSE Nifty closing at 22,535.85, up 374.25 points or 1.69%. The BSE Sensex rose 1,089.18 points or 1.49% to end at 74,227.08, recovering from its steep fall in the previous session.

However, the benchmark index moved in a narrow range, reflecting caution in broader markets. The index is set to expire on Wednesday this week, given Thursday is a trading holiday.

Stocks Under F&O Ban on Nifty’s Weekly Expiry Day

Ahead of the Nifty weekly expiry on Wednesday, April 9, 2025, the National Stock Exchange (NSE) has placed 3 stocks under a trading ban in the futures and options (F&O) segment.

The F&O ban is triggered when the open interest in any stock exceeds 95% of the market-wide position limit (MWPL). While trading in derivatives is restricted, these stocks remain available for trading in the cash market.

The stocks under the F&O ban for April 9 include:

1. Birlasoft

On April 8, 2025, Birlasoft share price rose 2.72%, closing at ₹356.40. According to exchange data, the stock recorded a total traded volume of 12.60 lakh shares, translating to a turnover of ₹44.58 crore.

At the current price, the stock has a market cap of ₹9,907.71 crore.

2. Manappuram Finance

On April 8, 2025, Manappuram Finance share price rose 1.64%, closing at ₹229.06. According to exchange data, the stock recorded a total traded volume of 49.06 lakh shares, translating to a turnover of ₹111.83 crore.

At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 9.69x, based on its trailing 12-month earnings, and belongs to the NBFC sector under the Nifty 500 index.

3. Hindustan Copper

On April 8, 2025, Hindustan Copper share price gained 2.66%, closing at ₹192.54. According to exchange data, the stock recorded a total traded volume of 44.81 lakh shares, translating to a turnover of ₹86.50 crore.

At the current price, Hindustan Copper shares are trading at a price-to-earnings (P/E) ratio of 45.15x, based on its trailing 12-month EPS. It belongs to the Copper industry and is part of the Nifty 500 index.

Why Are Stocks Under F&O Ban?

The National Stock Exchange (NSE) places stocks under the F&O ban list when the open interest in their derivative contracts exceeds 95% of the market-wide position limit (MWPL). Traders are only allowed to reduce existing positions through offsetting trades. Opening new positions is strictly prohibited and could attract penalties.

Despite the restrictions in the F&O segment, the stocks continue to be available for trading in the cash market.

About Nifty Weekly Expiry Day

Nifty weekly futures and options (F&O) contracts typically expire every Thursday. However, if Thursday is a trading holiday, the expiry is advanced to the previous session. All contracts are settled at the normal market closing time on expiry day.

For individual securities, the same rule applies. In trading platforms like MarketWatch, weekly expiry contracts appear under the monthly contract header during the final week, ensuring consistent classification.

Conclusion

As the Nifty Weekly Expiry approaches a day earlier due to the trading holiday, market participants are expected to tread cautiously amid volatile conditions. With Birlasoft, Manappuram Finance, and Hindustan Copper under the F&O ban on April 9, traders should remain mindful of position limits and regulatory restrictions.

 

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.

ITC Limited, founded in 1910 as the Imperial Tobacco Company of India, has evolved into one of India’s largest and most respected conglomerates. Its journey from a tobacco-focused firm to a diversified powerhouse spans multiple decades and industries. Here’s a quick look at ITC’s ownership, history, and why it often gets confused with Tata.

Understanding ITC’s Ownership Structure

ITC Limited is not owned by the Tata Group, nor is it controlled by hedge funds or any single Indian conglomerate. Instead, it has a diversified shareholding pattern.

The largest shareholder in ITC is British American Tobacco p.l.c. (BAT), which holds around 22% of the company’s shares.

Meanwhile, the second and third largest shareholders hold approximately 15% and 7.8%, respectively, suggesting a strong institutional and diversified investor base rather than concentrated ownership by a business house like Tata.

Why the Confusion?

The confusion likely stems from the similarities in their diverse business interests—both Tata and ITC operate in sectors like FMCG, hotels, and agri-business. However, there is no ownership or operational link between the two.

Read More: History of ITC Group.

Tata Group: A Separate Business Empire

The Tata Group, founded in 1868 by Jamsetji Tata, is another iconic Indian conglomerate. It owns and operates major companies like TCS, Tata Motors and more. While Tata Group also has a strong FMCG presence through Tata Consumer and a significant footprint in hospitality via Indian Hotels (Taj), it is independent from ITC in terms of ownership, leadership, and operations.

Conclusion

To sum up, ITC and Tata are both giants of Indian industry—but they are completely separate entities. ITC is not owned by Tata, and any such assumptions are purely misconceptions.

Both groups have carved out strong reputations in their respective domains, but their paths and portfolios remain distinct.

 

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 Indian residential real estate sector is poised for moderate growth in FY26, according to rating agency ICRA. In its latest analysis, ICRA projects that housing sales volume across the top seven cities in India is expected to rise by 1-4% this fiscal year.

Simultaneously, new project launches are anticipated to see a more robust increase of 6-9%, touching around 620-640 million square feet.

Stable Outlook with Upside for Larger Players

Despite the moderation in overall figures, ICRA has maintained a stable outlook for the residential real estate market. The agency attributes this confidence to a continuing trend of consolidation in favour of large and established players.

These developers are expected to outperform broader industry trends, buoyed by their ability to navigate market challenges and leverage pricing power effectively.

Anupama Reddy, Vice President and Co-Group Head, Corporate Ratings at ICRA, emphasised that the area sold likely fell by 4-7% in FY25, dropping to approximately 650-670 million square feet.

However, with launches expected to rebound in FY26, the sold area is forecasted to rise in tandem by 1-4%.

Selling Prices to See Modest Appreciation

ICRA also noted sustained price growth across top markets. Average selling prices jumped 11% in both FY23 and FY24, and are estimated to have grown by 13-15% in FY25.

This momentum was fuelled by increasing luxury housing sales and the financial flexibility of developers. For FY26, average selling prices are expected to rise further by 3-5%.

Nifty Realty Index Rebounds Sharply

In a notable market move, the Nifty Realty index snapped its three-day losing streak on April 8, surging 3.6% amid broad-based buying and positive business updates from key realty firms.

All ten constituents of the index traded in the green, signalling renewed investor confidence.

Leading the pack were Brigade Enterprises, Prestige Estates, Godrej Properties, and Macrotech Developers, each gaining up to 6% during the session. Among the heavyweights:

• Macrotech Developers, with a weightage of 16.72% in the index, rose 2.62% to ₹1,135.60, contributing 3.38 points to the index’s gains at 11:45 AM on the NSE.
• DLF, the index’s most influential stock with a 20.96% weightage, gained 2.01% to ₹620.25, contributing 3.26 points.

This rebound came despite historical seasonality showing that the Nifty Realty index has delivered negative returns in April in 8 out of the past 15 years. The strong performance reflects investor optimism spurred by recent data and a resilient outlook for the sector.

Read More: Macrotech Developers Reports 14% YoY Rise in Pre Q4 Sales Bookings.

Conclusion

While challenges remain in terms of regulatory approvals and overall market sentiment, ICRA’s outlook suggests that India’s real estate sector remains on stable footing. With the anticipated recovery in launches, modest gains in sales volumes, and firm pricing trends, the sector appears set for steady growth in FY26.

The sharp rally in the Nifty Realty index reinforces this sentiment, especially for heavyweight stocks like DLF and Macrotech Developers, which are seen as key beneficiaries in the evolving market landscape.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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

Vodafone Idea’s share price was trading at ₹7.38 at 10:15 AM on the NSE, reflecting a marginal increase of ₹0.02 or 0.27%. The stock opened at ₹7.51 and touched a high of ₹7.60 and a low of ₹7.35 during early trade.

Vi Expands 5G to Cricket Stadiums in 11 Cities

Vodafone Idea (Vi) has taken a significant step in widening its 5G reach by introducing high-speed connectivity at prominent cricket stadiums in 11 Indian cities. This comes shortly after the telecom giant’s 5G launch in Mumbai.

Enhanced Match-Day Experience for Cricket Fans

Cricket fans in Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, and Visakhapatnam can now enjoy Vi’s 5G services while attending matches in stadiums.

Stadiums Now Covered by Vi 5G

Noteworthy venues where Vodafone Idea has rolled out its 5G services include some of India’s most iconic cricket stadiums.

Among the top five are Wankhede Stadium in Mumbai; Arun Jaitley Stadium in Delhi, a historic ground in the capital; M. Chinnaswamy Stadium in Bengaluru.

Additionally, Dr Y.S.R ACA-VDCA Stadium in Visakhapatnam, a coastal venue with a passionate fan base; and Eden Gardens in Kolkata, one of the oldest and most revered cricket stadiums in the world.

How Users Can Access 5G?

Vi stated that customers with 5G-enabled smartphones can access unlimited 5G at these stadiums by enabling 5G in their device settings.

To ensure a seamless experience during high-attendance events, Vi has deployed additional 5G sites and integrated technologies like Base Transceiver Stations (BTS) and Massive MIMO to boost network strength.

With this expansion, Vodafone Idea aims to enhance real-time digital engagement—allowing fans to stream, post, and share without connectivity issues during live matches.

Conclusion

Vodafone Idea’s strategic expansion of 5G services to key cricket stadiums across 11 cities comes at a timely moment, with the IPL season set to draw massive crowds.

By enhancing network infrastructure and ensuring seamless connectivity in high-footfall areas, Vi not only boosts its service capabilities but also positions itself as a competitive player in India’s evolving telecom landscape.

 

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.

Titan Company’s share price was trading strong at ₹3,172 at 9:50 AM on the NSE, marking a gain of ₹149.80 or 4.96% from the previous close of ₹3,022.20. The stock opened at ₹3,149.70 and surged to an intraday high of ₹3,227.25, with the day’s low recorded at ₹3,126.10.

The rally followed the release of its March quarter business update, which showcased an impressive 25% year-on-year revenue growth across its key business segments.

Jewellery Shines Despite Mixed Demand Trends

The jewellery segment, Titan’s largest revenue contributor, saw a 25% YoY jump in sales. This performance was primarily supported by a rise in gold prices.

However, the spike in gold rates also slightly softened demand in lower price brackets, resulting in only single-digit growth in the number of buyers.

Eyecare, Watches, and Wearables Show Steady Momentum

Titan’s eyecare division recorded a 19% YoY rise in revenue, supported by a growing customer base and healthy volume traction.

The watches and wearables segment wasn’t far behind, reporting a 22% revenue increase as consumer interest remained strong.

Fragrances and Accessories Post Robust Gains

Other segments—including fragrances and fashion accessories—collectively grew by 26% compared to the same quarter last year. Within this category, fashion accessories alone reported a 12% uptick in sales.

The company also launched its first experiential store for its fragrance brand ‘SKINN’ at Seawoods, Mumbai, and expanded its premium handbag brand ‘IRTH’ with four new stores across Hyderabad, Pune, Noida, and Mumbai.

Mixed Performance from Taneira and Caratlane

Titan’s ethnic wear brand, Taneira, faced a slight setback with a 4% decline in sales during the quarter. One store was closed during this period. In contrast, digital-first jewellery brand Caratlane posted a solid 22% YoY revenue increase.

Growth was powered by strong demand in gold jewellery and a good performance from its studded collection. The brand added 17 new domestic outlets on a net basis and reported 11% like-to-like growth, with buyer numbers rising in mid-single digits.

Conclusion

Titan’s robust Q4 business update highlights the company’s resilience and diversified growth across key segments like jewellery, eyewear, and wearables.

While rising gold prices impacted affordability in lower price ranges, the strong overall revenue momentum and expansion in premium offerings suggest that Titan continues to strengthen its leadership in the lifestyle and luxury retail space.

 

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.