Top Gainers and Losers on May 6, 2025: Hero MotoCorp Gains, Adani Enterprises Falls

Indian benchmark indices ended lower on Tuesday, May 6, 2025, amid mild profit booking and mixed global cues.

The BSE Sensex fell 155.77 points (0.19%) to close at 80,641.07, while the NSE Nifty 50 declined 81.55 points (0.33%) to settle at 24,379.60.

Here are the top gainers and losers for the day:

Top Gainers of the Day

Symbol LTP Change (%)
HEROMOTOCO 3,861.00 2.48
BHARTIARTL 1,896.00 1.61
HINDUNILVR 2,381.60 1.41
TATASTEEL 144.03 1.37
M&M 3,058.40 1.22

1. Hero MotoCorp

The stock opened at ₹3,785 and moved between ₹3,781 and ₹3,908 before closing at ₹3,861.

2. Bharti Airtel

Bharti Airtel opened at ₹1,888.30 and closed at ₹1,896.00 after touching a high of ₹1,912 and a low of ₹1,882.60.

3. Hindustan Unilever

The stock traded between ₹2,340.20 and ₹2,390.10 before ending the day at ₹2,381.60.

4. Tata Steel

Tata Steel opened at ₹142.08 and hit a high of ₹145.40 before closing at ₹144.03. The day’s low was ₹141.54.

5. Mahindra & Mahindra (M&M)

M&M moved between ₹3,056 and ₹3,159.70 before settling at ₹3,058.40.

Top Losers of the Day

Symbol LTP Change (%)
ADANIENT 2,350.00 -4.3
JIOFIN 251 -3.68
ETERNAL 232.7 -3
TRENT 5,220.00 -2.8
SBILIFE 1,725.10 -2.53

1. Adani Enterprises

The stock opened at ₹2,454, hit a low of ₹2,343.50 and a high of ₹2,463.20, ending the day at ₹2,350.

2. Jio Financial Services

JIOFIN traded between ₹250.40 and ₹260.75, closing at ₹251.

3. Eternal

Eternal opened at ₹240 and closed at ₹232.70, with the intraday range between ₹231.85 and ₹241.50.

4. Trent

The stock moved between ₹5,210 and ₹5,423.50 before ending at ₹5,220.

5. SBI Life

SBILIFE opened at ₹1,770 and closed at ₹1,725.10, after hitting a high of ₹1,797.80 and a low of ₹1,717.20.

Conclusion

Markets ended a volatile session in the red on May 6, 2025, with select auto and FMCG stocks providing support, while financials and select heavyweights saw selling pressure. Gains in Hero MotoCorp and Bharti Airtel stood out, while Adani Enterprises and Jio Financial were among the top laggards.

 

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.

Bhushan Power Liquidation: ₹31,000 Crore Exposure Puts Indian Banks at Risk

India’s banking sector is facing a major jolt following the Supreme Court’s recent decision to strike down JSW Steel’s ₹19,700-crore resolution plan for Bhushan Power and Steel Ltd (BPSL). The apex court’s verdict, delivered on May 2, 2025, has ordered the liquidation of BPSL, disrupting the recovery hopes of Indian banks that collectively hold over ₹31,300 crore in outstanding claims.

What Happened?

JSW Steel’s acquisition of BPSL initially approved by creditors and executed through a combination of equity and optionally convertible debentures (OCDs), has now been deemed non-compliant with the Insolvency and Bankruptcy Code (IBC). The Supreme Court cited issues with the payment structure and delays in implementing the resolution plan, ultimately rendering it invalid.

This ruling not only voids one of the country’s most high-profile insolvency deals but also reopens a complex legal battle. The decision follows a long chain of complications, including BPSL’s involvement in a ₹47,204 crore fraud and money laundering case flagged by the Enforcement Directorate (ED).

Although the Delhi High Court had previously dismissed ED’s case, the Supreme Court’s new ruling nullifies JSW Steel’s 83.3% stake in BPSL.

Banks on the Line

With liquidation now the only remaining option, Indian lenders, particularly public sector banks, are staring at deep haircuts. Here’s a snapshot of the key claims and likely recoveries, as per CNBC-TV 18 news report.

  • Canara Bank: ₹3,700 crore claim, recovery ₹1,490 crore (1.52%).
  • Indian Bank: ₹2,600 crore claim, recovery ₹1,060 crore (1.59%)
  • Axis Bank: ₹900 crore claim, recovery ₹350 crore (0.2%).
  • IDBI Bank: ₹600 crore claim, recovery ₹230 crore (0.42%).

What This Means for the Sector

The move toward liquidation is expected to significantly reduce the actual recovery for banks, as asset sales typically fetch lower returns compared to a resolution plan. This could lead to increased provisioning and impact bank profitability in the upcoming quarters.

While public sector banks are likely to take the biggest hit, the broader financial sector may also feel the ripple effects of this precedent-setting judgment. It brings back concerns around the effectiveness of India’s bankruptcy resolution framework, especially in high-stakes corporate insolvency cases.

Read More: JSW Steel Shares Tumble Over 6% After Supreme Court Ruling on Bhushan Power & Steel Deal.

Conclusion

The Bhushan Power case is a reminder of the risks still looming in India’s bad loan ecosystem. Despite significant strides in banking reform, the legal and structural challenges in resolving large defaults remain.

For lenders, this setback emphasises the importance of timely resolution and regulatory clarity to avoid prolonged uncertainty and financial loss.

 

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.

Best Bank Stocks in May 2025: Indian Bank, Jammu and Kashmir Bank and More – Based on 5Y CAGR

India’s banking sector has shown notable improvement, supported by steady credit growth, stronger profitability, and enhanced asset quality.

According to the Economic Survey 2024–25, the net non-performing assets (NPAs) of rural financial institutions declined from 3.2% in FY23 to 2.4% in FY24.

In this context, several Indian banks have demonstrated consistent performance. Here’s a look at listed bank stocks based on their 5-year Compound Annual Growth Rate (CAGR) as of May 2025.

Best Bank Stocks in India in May 2025 – 5Yr CAGR Basis

Name Sub-Sector Market Cap PE Ratio ↓5Y CAGR
Indian Bank Public Banks 77,652.47 7.06 65.42
Karur Vysya Bank Ltd Private Banks 17,150.35 10.69 51.6
Jammu and Kashmir Bank Ltd Private Banks 10,609.89 5.99 47.39
Canara Bank Ltd Public Banks 88,130.45 5.77 43.51
Bank of Maharashtra Ltd Public Banks 39,842.25 7.22 41.91
Bank of Baroda Ltd Public Banks 1,28,834.15 6.86 41.45
Indian Overseas Bank Public Banks 72,347.01 21.31 38.21
Union Bank of India Ltd Public Banks 96,343.74 6.98 37.69
South Indian Bank Ltd Private Banks 6,658.49 6.22 37.68
Karnataka Bank Ltd Private Banks 7,366.36 5.64 36.65

Note: The above-mentioned banking stocks have been selected and sorted based on 5Y CAGR as of May 6, 2025

Overview of the Best Banking Stocks in May 2025

1. Indian Bank

In Q4 FY25, Indian Bank’s profit before tax rose 38.17% to ₹4,224.07 crore, reflecting strong performance. The net interest income (NII) also increased by 6.2%, reaching ₹6,389 crore.

On the asset quality front, the bank’s gross NPAs improved, standing at ₹18,178.86 crore as of March 31, 2025, compared to ₹21,106.31 crore in the previous year.

ROCE: 13.67%

ROE: 15.33%

2. Karur Vysya Bank Ltd

Karur Vysya Bank reported strong performance with robust advances and deposits growing in the mid-teens during Q4. The bank’s net NPAs remain impressively low at just 0.2%, highlighting its strong asset quality.

The bank also maintains a healthy position with SMA1+2 loans below 0.4% and less than 3% of its loans being unsecured, indicating its prudent lending practices.

ROCE: 12.65%

ROE: 17.23%

3. Jammu and Kashmir Bank Ltd

Jammu & Kashmir Bank reported an 8.47% decline in net profit, which stood at ₹584.54 crore in Q4 FY25, down from ₹638.67 crore in Q4 FY24.

On the asset quality front, the bank’s gross non-performing assets (NPAs) decreased to ₹3,604.84 crore as of 31 March 2025, compared to ₹3,956.19 crore as of 31 March 2024.

ROCE: 12.1%

ROE: 16.04%

4. Canara Bank Ltd

Canara Bank is yet to report its Q4 figures. It reported a 12.25% YoY increase in profit after tax (PAT), reaching ₹4,104.20 crore in Q3 FY25, compared to ₹3,656.12 crore in the same period last year.

The bank also saw improvements in asset quality, with the Gross NPA ratio decreasing to 3.34% from 4.39% last year, and the Net NPA ratio improving to 0.89%.

ROCE: 8.98%

ROE: 17.76%

5.Bank of Maharashtra Ltd

Bank of Maharashtra reported a standalone net profit of ₹1,493.08 crore in Q4 FY25, reflecting a growth of 22.61% compared to ₹1,217.67 crore in Q4 FY24.

On the asset quality front, the gross NPA declined to 1.74% as of 31 March 2025, down from 1.88% as of 31 March 2024, while the net NPA reduced to 0.18% from 0.20% in the same period.

ROCE: 15.63%

ROE: 22.84%

Read More: Top 10 Blue Chip Stocks in May 2025: Adani Enterprises, BEL, Trent and More- 5Yr CAGR Basis.

Bank Stocks in India Sorted by Net Profit Margin – May 2025

Name Market Cap PE Ratio ↓5Y CAGR Net Profit Margin
Bank of Maharashtra Ltd 39,842.25 7.22 41.91 19.44
Karur Vysya Bank Ltd 17,150.35 10.69 51.6 16.27
Indian Bank 77,652.47 7.06 65.42 15.26
Jammu and Kashmir Bank Ltd 10,609.89 5.99 47.39 14.7
Karnataka Bank Ltd 7,366.36 5.64 36.65 13.59
Bank of Baroda Ltd 1,28,834.15 6.86 41.45 13.24
Union Bank of India Ltd 96,343.74 6.98 37.69 11.67
Canara Bank Ltd 88,130.45 5.77 43.51 10.98
South Indian Bank Ltd 6,658.49 6.22 37.68 10.57
Indian Overseas Bank 72,347.01 21.31 38.21 10.06

Note: The above list of top bank stocks is ranked based on net profit margin as of May 6, 2025.

Conclusion

While these banks have exhibited robust financial health, it’s crucial for investors to carefully analyse each bank’s performance, growth potential, and risk profile. As always, thorough research and an understanding of market risks are essential when making investment 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.

Dubai Gold Rate: What Is the Price of 22K and 24K Gold in Dubai Today, May 6, 2025?

Gold prices in Dubai shift daily based on international trends, currency exchange fluctuations, and market sentiment. For investors, tourists, or jewellery buyers, keeping track of these prices is essential. Here’s a snapshot of the latest rates in AED and INR. 

Dubai Gold Rate Comparison: Today vs. Previous Session 

Below are the gold prices in Dubai per gram as of May 6, 2025, morning update. All prices are in AED (United Arab Emirates Dirham). 

Type  Per Gram  Per 10 Grams  Yesterday (Per Gram) 
24 Carat  405.25  4,052.50  399 
22 Carat  375.25  3,752.50  369.5 
21 Carat  360  3,600.00  354.5 
18 Carat  308.5  3,085.00  303.75 

Read More: Are Jewellery Making Charges Lower in Dubai Gold Souk or India? 

Gold Price in Dubai Converted to Indian Rupees (INR) – 10 Grams Rate 

Using the latest exchange rate: 1 AED = ₹23, here’s how much 10 grams of gold would cost in INR. 

Type  Price in AED (10g)  Price in ₹ (10g) 
24 Carat  4,052.50  ₹93,207.50 
22 Carat  3,752.50  ₹86,307.50 
21 Carat  3,600.00  ₹82,800.00 
18 Carat  3,085.00  ₹70,955.00 

 Read More: How to Avoid Frauds in Dubai Gold Souk When Buying Gold. 

Conclusion 

Gold prices in Dubai moved higher on May 6, 2025, with 24 Carat gold now trading at ₹93,207.50 per 10 grams. With the AED-INR exchange rate at ₹23, Indian buyers and investors can evaluate Dubai gold prices in rupees more effectively.

Whether you’re shopping in Dubai or planning to invest, following daily gold trends and exchange rates can help you make timely and informed 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. 

TATA IPL 2025: How Auction Bidding and Market Volatility Reflect Similar Decision-Making Principles

The IPL auction and stock market volatility may seem unrelated at first glance. One revolves around assembling a competitive team, while the other deals with financial investments. However, both involve forecasting, valuation, and risk assessment. Whether it’s franchise owners bidding for players or investors making market decisions, the underlying thought process shares similarities.

The Role of Forecasting

In both IPL auctions and the stock market, forecasting plays a crucial role. Team owners analyse a player’s past performance, fitness, and potential to determine their worth.

Similarly, investors evaluate financial reports, industry trends, and economic indicators before making investment choices.

While forecasting is important, success in both cases depends on multiple factors, including strategy, adaptability, and risk management. Accurately estimating future performance enhances the possibility of success. However, one must also respond to changing conditions, make informed adjustments, and manage risks effectively, as no prediction is ever certain.

Example:

  • In IPL, a fast bowler took 20 wickets in 14 matches with an economy rate of 7.5. Based on these stats, a franchise may forecast that he could take 22+ wickets in IPL 2025 and bid accordingly.
  • In the stock market, if a company’s revenue grew by 15% per year over the last 3 years, a similar growth in the next financial year is expected, influencing investment decisions.

Both IPL franchises and investors use forecasting tools to minimise risk and maximise returns.

Read More: TATA IPL 2025: The Cricketing Approach to Trading.

Assessing Risk and Uncertainty

Risk is inherent in both domains. In the IPL auction, teams invest in players without knowing how they will perform in future matches or adapt to team dynamics.

The stock market operates in a similar manner—investors put money into stocks based on expected returns, but factors like market sentiment and economic shifts can influence outcomes. The ability to manage uncertainty is a key component in both bidding and investing.

Example:

  • An IPL franchise might bid ₹15 crore for a star all-rounder, expecting him to score 400+ runs and take 10+ wickets. However, an injury could limit his availability to just 5 matches, making the investment risky.
  • In the stock market, an investor might buy 100 shares of a company at ₹500 each (total investment: ₹50,000), expecting a 20% rise in stock price. If an unexpected regulation hits the industry, the stock could drop to ₹400, causing a ₹10,000 loss.

Risk assessment plays a crucial role in both scenarios to prevent financial setbacks.

Valuation and Decision-Making

Valuation is another area of overlap. In an auction, a player’s worth is determined based on demand, past records, and future potential. In the stock market, a company’s stock price is based on its financial health, growth potential, and external economic conditions.

Both require data-driven analysis, and miscalculations can lead to overpaying or missing out on valuable opportunities.

Example:

  • In the IPL 2025 auction, a team may value a batter at ₹6 crore based on an average strike rate of 150 in T20 cricket. In a competitive bidding, the price is pushed to ₹10 crore, the first team must decide whether the extra cost is justified.
  • In the stock market, if a company reports an annual profit of ₹100 crore and has 10 crore outstanding shares, its Earnings Per Share (EPS) is ₹10. If the stock is trading at ₹200, the Price-to-Earnings (P/E) ratio is 20, which investors use to determine if it’s fairly valued.

Both IPL franchises and stock investors must analyse valuations carefully to avoid overpaying.

Read More: TATA IPL 2025: What Bowling Can Teach Us About Risk Management Strategies.

Market Sentiment and Competitive Bidding

The IPL auction and stock market volatility are influenced by sentiment. If multiple teams show interest in a player, the price may rise beyond logical valuations, just as stock prices can surge due to investor optimism. External factors—such as injuries in cricket or policy changes in the stock market—can suddenly alter values, impacting decisions.

Example:

  • In IPL 2024, a young uncapped bowler was expected to go for ₹1 crore, but after multiple teams engaged in a bidding, his final price reached ₹8 crore, driven by sentiment rather than pure statistics.
  • In the stock market, during a bull run, a company’s stock might rise from ₹800 to ₹1,200 within a month, not due to financial improvements but because of increased investor interest.

Hype can create inflated valuations, making it crucial to know and understand the genuine value.

Conclusion

While IPL auctions and stock market movements serve different purposes, their decision-making processes align in many ways. Both require forecasting, risk assessment, and valuation expertise to make informed choices.

Whether it’s securing a star player or investing in a promising stock, the ability to analyse and adapt remains essential.

 

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.

BSE Board Meets Today to Review Q4 FY25 Results, Dividend; Bonus Issue Record Date in Focus

The spotlight is on BSE Limited today as its board convenes to discuss crucial financial matters. According to the exchange’s regulatory announcement, the agenda includes approval of the audited financial results for the financial year ended March 31, 2025, and a possible recommendation of a final dividend. 

When Is the Ex-Date for BSE Bonus Shares?

The board will assess both consolidated and standalone earnings for FY25. Market participants are especially keen on the outcome given BSE’s consistent dividend history and recent corporate action in the form of a 2:1 bonus issue announced in March.

However, the official record date for the bonus issue is still awaited. 

Share Performance Snapshot 

BSE Limited shares were trading marginally lower at ₹6,440, down ₹13.50 or 0.21% at 1:11 AM on the NSE from the previous close of ₹6,453.50. The stock opened higher at ₹6,475 and touched an intraday high of ₹6,529.50 before dipping to a low of ₹6,392.50. 

Dividend and Bonus Track Record 

Over the years, BSE has established itself as a steady dividend payer. Since its listing in February 2017, the company has declared 11 dividends. The most recent dividend payout of ₹15 per share translates to a yield of 0.24% at current levels. 

The 2:1 bonus issue in March added further value for long-term shareholders, and today’s meeting is expected to offer more clarity on when those bonus shares will be allotted. 

Read More: BSE Announces 2:1 Bonus – A Look Back at Its Bonus History. 

Conclusion 

With the BSE board meeting underway today, investor focus remains fixed on three key outcomes: FY25 earnings, final dividend declaration, and confirmation of the bonus issue record date. These decisions are likely to shape near-term stock sentiment and offer insight into BSE’s financial trajectory going forward. 

 

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.     

CCL Products Share Price Jumps 16% on 57% YoY Surge in Q4 Profit

CCL Products (India) Ltd., a leading player in the coffee industry, saw its stock price jump by 16% on May 6 to touch a high of ₹687 per share. The sharp rally came after the company reported its highest-ever quarterly net profit of ₹102 crore for the fourth quarter of FY25, signalling strong business momentum.

Strong Q4 FY25 Performance

In its Q4FY25 results, released post-market hours on Monday, the company reported a 57% year-on-year increase in net profit, up from ₹65 crore in Q4FY24. Revenue from operations also grew significantly, reaching ₹836 crore compared to ₹727 crore in the same quarter last year.

CCL also posted a robust 38% YoY growth in consolidated EBITDA, which stood at ₹163 crore. Importantly, the EBITDA margin expanded by 400 basis points to 20%, reflecting better operational efficiency despite rising costs and global uncertainties.

Growth Amid Challenges

Despite headwinds such as rising green coffee prices, competitive pressure, and geopolitical supply chain disruptions, CCL Products managed to maintain profitability and volume growth. The company attributes this resilience to its diversified product portfolio and operational agility.

One of the company’s key growth drivers is its new Freeze-Dried Coffee (FDC) facility in Vietnam, which currently operates at 40–50% capacity utilisation. This facility, with a full capacity of 30,000 metric tons, is expected to scale up further in the coming quarters.

Global Strategy and Market Outlook

Looking forward, CCL Products plans to deepen its footprint in major global markets such as the US, UK, and other strategic regions. The company also anticipates that rising coffee prices may lead to increased in-home coffee consumption, which could further boost demand for instant coffee products.

India’s domestic coffee market is estimated to be growing at a healthy 10–15% annually, positioning CCL well for sustained growth.

Dividend Announcement

In a positive development for shareholders, the Board of Directors has recommended a final dividend of ₹5 per equity share (face value ₹2) for FY25.

CCL Products has delivered impressive long-term returns. The stock has surged nearly 286% over the past five years, making it one of the standout performers in the FMCG space.

Read More: HUL vs Nestlé vs Tata Consumers How 3 FMCG Giants Fared in Q4FY25 Results.

Conclusion

CCL Products has demonstrated exceptional resilience and growth, overcoming challenges in the coffee industry to deliver impressive Q4 results. With a record-breaking net profit, robust revenue growth, and expanding operational efficiencies, the company is well positioned for sustained success. Its strategic initiatives, including the expansion of the Freeze-Dried Coffee facility and deepening global market presence, further strengthen its 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.

IRCON Shares Gain for the 3rd Straight Day; Wins ₹187 Cr Kerala Industrial Park Project

State-owned engineering and infrastructure company, IRCON International Ltd., has announced a fresh order worth ₹187.08 crore (excluding GST) from Kerala State IT Infrastructure Ltd. (KSITIL).

IRCON Secures Major Industrial Park Project in Kerala

The project involves the construction of a dedicated rural industrial park in Thiruvananthapuram district and is scheduled for completion in 30 months. Structured as an item-rate works contract, the project focuses on civil and infrastructure development to support rural industrialisation in the state.

In a regulatory filing, IRCON stated, “Kerala State IT Infrastructure Ltd. has issued a Work Order to Ircon International Limited for the construction of a dedicated Rural Industrial Park in Thiruvananthapuram district.” The initiative aligns with government efforts to boost economic development in less urbanised regions through industrial infrastructure.

Boost in Share Price

IRCON International Ltd traded marginally higher at ₹158.77, up ₹0.07 or 0.04% on May 6, 2025, adding to the 3.69% gain recorded in the previous session.

Following the announcement, IRCON shares surged for the third consecutive trading day, reflecting growing investor confidence in the company’s order book strength. On May 5, the stock rose by ₹5.65, or 3.69%, to close at ₹158.65 on the BSE.

Second Major Contract in Two Weeks

This latest win follows closely on the heels of another significant order. Last week, IRCON received a letter of acceptance from North Eastern Electric Power Corporation Limited (NEEPCO) for a ₹458.14 crore civil works contract for the Tato-I Hydro Electric Project in Arunachal Pradesh.

The Arunachal project, under Package I, includes major civil components such as the construction of headworks, intake systems, head race channel and tunnel, surge shaft, powerhouse, and associated infrastructure. It is also structured on an item-rate basis and is scheduled for completion over 45 months.

Read More: IRCON Share Price Gains Over 3% After Winning Major Hydro Project Contract.

Conclusion

IRCON’s back-to-back project wins in Kerala and Arunachal Pradesh are strong indicators of the company’s robust project pipeline and technical capabilities in executing complex infrastructure initiatives.

With a growing order book and rising stock performance, IRCON appears well-positioned for sustained growth in India’s infrastructure and construction 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.

Cummins India Share Price Drops 7% After Parent Suspends Revenue Guidance

The Cummins India share price fell sharply by 5.15%, trading at ₹2,789.25 at 9:40 AM on the BSE, down ₹151.50 from the previous close of ₹2,940.75. The stock opened lower at ₹2,848.95 and touched a low of ₹2,714.40 during early trading hours.  

This dip has erased most of the gains the stock had made over the past month. On a year-to-date basis, the stock is now down by 15%, reflecting the ongoing challenges faced by the company in the current market environment. 

The volume-weighted average price (VWAP) stood at ₹2,759.76. With a 52-week high of ₹4,169.50 and a low of ₹2,594.75, the stock has been under pressure recently, reflecting market concerns. 

Suspension of Guidance 

The decline comes after Cummins Inc. reported results for the March quarter and suspended its revenue guidance for the full year due to uncertainties related to the ongoing tariff war and economic conditions. 

Cummins Inc. had initially forecasted a revenue growth of 10% for the India region, which included its unlisted Joint Venture companies. However, these growth expectations have now been withdrawn due to the broader market and geopolitical uncertainties, particularly stemming from the trade war led by US President Donald Trump. 

This has had an immediate negative impact on the stock, making Cummins India the biggest loser on the Nifty 500 index on the day. 

For the March quarter, Cummins Inc. experienced a 14% year-on-year decline in revenue across all its entities, including Joint Ventures in India. This overall dip in revenue has cast a shadow over Cummins India’s prospects, especially as the company is closely linked to the PowerGen sector in India. 

PowerGen Business Struggles and Revenue Decline 

Cummins India’s PowerGen business, which contributes significantly to its revenue, faced an 11% drop in revenue for the March quarter compared to the same period last year. 

This downturn was partly due to the previous quarter’s pre-buying ahead of emission regulation changes, which led to inflated figures in the base quarter. The continued weak performance of the PowerGen segment has negatively impacted Cummins India’s financial outlook, with a direct correlation to the company’s overall revenue. 

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

Conclusion 

Cummins India’s stock performance reflects broader industry challenges, especially within the PowerGen sector. With the suspension of growth guidance and revenue declines, the company faces an uphill battle to regain investor confidence. As geopolitical tensions and market volatility continue to impact global operations, Cummins India will need to adapt quickly to navigate these uncertain times. 

 

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. 

 

Shell, Reliance and ONGC Set Benchmark with Tapti Decommissioning Project

In a major milestone for India’s energy sector, Reliance Industries (RIL), Shell, and Oil and Natural Gas Corporation (ONGC) have jointly completed the country’s first offshore decommissioning project. The consortium successfully dismantled the mid and south Tapti field facilities in the Arabian Sea, marking a historic moment in offshore energy infrastructure management.

The Tapti Project: A Joint Venture Milestone

The Tapti oil and gas fields were previously operated by the Panna-Mukta and Tapti (PMT) joint venture, formed under a production sharing agreement with the Government of India. The joint venture consisted of ONGC holding a 40% participating interest, with the remaining interest shared between Reliance Industries and Shell (through its subsidiary BG Exploration & Production India).

Production from these fields had ceased in March 2016, but the decommissioning project extended the legacy of the JV through a safe and responsible closure of operations.

Scope of Decommissioning Work

The offshore decommissioning involved the removal of:

  • Five wellhead platforms
  • Associated infield pipelines
  • Safe plugging and abandonment of 38 wells
  • Transport and dismantling operations at an onshore yard

The execution of this complex project required careful planning and coordination, with a strong focus on regulatory compliance, environmental stewardship, and operational safety.

Strengthening Local Capabilities

According to Sanjay Barman Roy, President of E&P at Reliance Industries, the project not only upheld the highest safety and environmental standards but also boosted India’s technical capacity in offshore operations. By strengthening local supply chains and improving the expertise of Indian contractors, the project has aligned well with the Indian government’s “Make and Break in India” vision.

Share Price Performance

Reliance Industries Limited (RIL) saw a slight decline of 0.97%, with its stock price moving from a previous close of ₹1,431.30 to ₹1,417.40. The stock opened at ₹1,431.00 and reached a high of ₹1,432.00, before dipping to ₹1,416.90 at 9:25 AM on the NSE.

On the other hand, Oil & Natural Gas Corporation Limited (ONGC) experienced a modest increase of 0.96%, with its stock price rising from ₹239.20 to ₹241.50. The stock opened at ₹241.13, peaked at ₹242.99, and had a low of ₹240.80.

Conclusion

The successful completion of the Tapti decommissioning project sets a precedent for future offshore dismantling activities in India. It showcases how global partnerships, when aligned with national goals, can lead to significant advancements in both energy management and industrial capability.

 

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.