Vodafone Idea Shares in Focus; Explores Talks with Elon Musk’s Starlink and Others

Vodafone Idea (Vi) has addressed recent market speculation regarding its potential partnership with Starlink and other satellite communication (Satcom) providers. The company issued a clarification in response to inquiries from stock exchanges.

Vi’s Approach to Satcom Partnerships

In a statement, Vodafone Idea confirmed that it regularly explores various collaborations and initiatives to enhance service quality and expand its telecom offerings.

The company is currently engaged in exploratory discussions with multiple Satcom providers, including Starlink, to assess potential opportunities in the growing satellite-based communication sector.

This aligns with Vi’s broader strategy to leverage cutting-edge technologies and enhance network capabilities, particularly in remote and underserved areas where traditional mobile networks face challenges, the company said in a press release on the stock exchanges.

Why Satcom Matters for Telecom Operators?

With the increasing demand for high-speed connectivity in remote locations, telecom companies are looking at satellite-based solutions to complement their terrestrial networks. Satellite communications can help improve:

  • Connectivity in rural and remote areas
  • Disaster resilience and emergency communication
  • 5G and IoT expansion through advanced network coverage

As telecom operators globally explore Satcom collaborations, Vi’s interest in such partnerships signals a strategic move to strengthen its service capabilities.

Vi’s Share Price Performance

Vodafone Idea Limited (Vi) witnessed a slight decline in its share price, trading at ₹7.40, down 0.54% (-₹0.04) at 9:50 AM on the NSE from its previous close of ₹7.44. The stock opened at ₹7.55, reaching an intraday high of ₹7.59 and a low of ₹7.36.

Conclusion

Vodafone Idea’s confirmation of ongoing discussions with Starlink and other Satcom providers highlights its commitment to technological advancements and service expansion.

While no formal agreement has been announced, the move underscores Vi’s intent to explore innovative solutions to enhance network coverage and stay competitive in the 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.

Mazagon Dock Shares in Focus After Kickstarting AIP System for Indian Navy Submarines

Mazagon Dock Shipbuilders Limited (NSE: MAZDOCK) has taken a significant step in enhancing India’s naval capabilities by commencing the production of the first Air Independent Propulsion (AIP) system for Scorpene-class submarines of the Indian Navy.

The plate-cutting ceremony, marking the beginning of this crucial phase, was held on March 18, 2025, at MDL.

Event Highlights

With this milestone, MDL has initiated the construction of the AIP Plug, which will be integrated into the submarines of the P75 Project during their scheduled Normal Refits. The AIP system is a crucial technology that enhances a submarine’s underwater endurance, allowing it to operate for extended periods without surfacing.

Significance of the AIP System

The integration of Air Independent Propulsion (AIP) technology is a major advancement in India’s submarine modernisation efforts. The AIP system:

  • Enhances underwater endurance, reducing the need for frequent surfacing.
  • Improves operational stealth, making submarines harder to detect.
  • Boosts efficiency, allowing for longer and more strategic missions.

By incorporating AIP technology, India’s Scorpene-class submarines will be better equipped for modern naval warfare, enhancing overall maritime security.

MDL’s Role in Indigenous Submarine Development

MDL has been a key player in India’s submarine construction under the P75 Project, which aims to strengthen the country’s underwater defence capabilities. This latest development aligns with the Atmanirbhar Bharat initiative, reinforcing India’s focus on self-reliance in defence manufacturing.

Mazdock Share Price Performance

Mazagon Dock Shipbuilders Limited (MDL) witnessed a notable 2.29% increase in its share price, reaching ₹2,685.40 at 9:30 AM on the NSE. The stock opened at ₹2,670.35, hitting a high of ₹2,762.90 and a low of ₹2,651.60 during early trading. The previous closing price stood at ₹2,625.25

Conclusion

The commencement of AIP system production marks a significant milestone for MDL and the Indian Navy. With advanced technology integration, Scorpene-class submarines will gain enhanced endurance and stealth capabilities, improving India’s maritime defence.

As the AIP Plug construction progresses, this initiative further underscores MDL’s commitment to innovation and indigenous defence development.

 

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.

RBI Governor Urges Urban Cooperative Banks to Strengthen Depositor Confidence

The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, has advised urban cooperative banks (UCBs) to focus on rebuilding depositor confidence, improving customer service, and strengthening resilience against IT and cyber risks. 

His remarks came during a meeting with UCB representatives and industry bodies, where the RBI reaffirmed its support for the sector while emphasising the importance of responsible banking practices.

Key Highlights From the Meeting

The RBI Governor and his deputies engaged with senior executives from various urban cooperative banks across the country to discuss their role in the financial ecosystem. The meeting focused on:

  • Enhancing depositor confidence by ensuring transparency and reliability in banking operations.
  • Improving customer service standards to better serve the public and strengthen relationships with account holders.
  • Addressing IT and cybersecurity risks to safeguard banking infrastructure and ensure secure financial transactions.
  • Acknowledging the role of UCBs in promoting financial inclusion and serving local communities.

The central bank reiterated its commitment to supporting the growth and stability of UCBs, but also stressed the need for these institutions to operate responsibly and maintain depositor trust.

Industry Bodies and Regulatory Engagement

Representatives from key industry bodies, including the National Urban Cooperative Finance and Development Corporation Limited and the National Federation of Urban Co-operative Banks & Credit Societies Limited (NAFCUB), were also present at the discussion.

The meeting was part of the RBI’s ongoing engagement with regulated entities to ensure alignment with regulatory expectations and industry best practices.

Conclusion

The discussions between the RBI and urban cooperative banks highlight the regulator’s focus on depositors’ trust, customer service, and risk management. 

By addressing these key areas, UCBs can continue to play an important role in the financial system while aligning with regulatory expectations.

The RBI’s engagement with industry bodies and bank representatives reflects its ongoing efforts to ensure stability and accountability within the 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.

IRFC Dividend Update: Record Date Tomorrow, March 21, 2025 – Check Dividend History

Indian Railway Finance Corporation (IRFC) has announced a ₹0.80 per share dividend for the financial year 2024-25. IRFC share price closed 5.49% higher in yesterday’s trade at ₹128.49.

IRFC Key Dividend Details

  • Dividend per Share: ₹0.80.
  • Announcement Date: March 10, 2025.
  • Ex-Date: March 21, 2025.
  • Record Date: March 21, 2025.

IRFC Dividend Payout History

Indian Railway Finance Corporation (IRFC) has maintained a consistent dividend payout over the years, rewarding its shareholders with both interim and final dividends. In the previous financial year, the company declared two dividends ₹0.80 interim dividend in October 2024 and a ₹0.70 final dividend in May 2024.

Looking back, IRFC has upheld a pattern of issuing two dividends annually, including an interim and a final dividend, with past payouts of ₹0.80 per share in November 2023 and 2022, and final dividends of ₹0.70 in 2023 and ₹0.63 in 2022.

IRFC’s Financial Performance in Q3 FY25

Indian Railway Finance Corporation (IRFC) reported a year-over-year (YoY) increase of nearly 2% in net profit, reaching ₹1,630.66 crore for the third quarter ended December 2024.

The company’s revenue from operations rose by 0.4% YoY, totalling ₹6,763.43 crore during the quarter. Established in 1986, IRFC is a Public Sector Undertaking (PSU) primarily engaged in financing rolling stock acquisitions, leasing railway infrastructure assets, and providing financial support to entities under the Ministry of Railways.

The Government of India remains the majority shareholder, holding 86.36% of the company’s equity.

Conclusion

As the record date for its latest dividend approaches, investors should carefully assess their investment goals and risk appetite before making any decisions. While IRFC presents a solid dividend history, market conditions and individual financial objectives should always be considered before investing.

 

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.

Race for JAL Intensifies as Adani, JSW, Vedanta Eye Multi-Billion Dollar Assets

The bidding war for Jaiprakash Associates Ltd (JAL) has intensified, with some of India’s largest business conglomerates throwing their hats in the ring.

Major players such as JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun, and Torrent have all submitted expressions of interest (EoIs) as JAL undergoes court-monitored insolvency proceedings as per the Economic Times report.

The Adani Group is also expected to join the race before the final submission deadline of March 25, along with another prominent industrial house based in Delhi. Kotak Alternate Assets is also reported to be among the interested parties, the report added.

Bidding for High-Value Assets

The assets up for acquisition are estimated to be worth over $2 billion (₹17,300 crore), making this one of the most closely watched insolvency cases in recent times.

The EoI process marks the initial step in the bidding procedure, with lenders looking to secure a new owner for JAL. However, industry insiders emphasise that not all entities submitting an EoI may necessarily follow through with final bids.

According to an exclusive ET report, the National Company Law Tribunal (NCLT) recently issued directives to the company’s resolution professional, Bhuvan Madan—supported by Deloitte—to seek resolution plans that encompass all of JAL’s assets rather than marketing them in separate clusters.

Initially, the approach was to attract buyers for individual assets categorised into distinct portfolios, but the NCLT has mandated a unified bidding strategy.

A Closer Look at JAL’s Assets

The company owns cement plants with a production capacity of 10 million tonnes per year, a 2,500-acre land parcel along the Noida Expressway, an EPC (engineering, procurement, and construction) business with high-value contracts, a fertiliser plant, and 5 hotels.

Additionally, it possesses the Buddh International Circuit in Greater Noida, a premier motorsport venue that has previously hosted Formula One races.

Lenders and Loan Assignments

JAL’s financial troubles have led to massive loan write-offs. A consortium of 25 lenders, including ICICI Bank, State Bank of India, Punjab National Bank, and IDBI Bank, assigned JAL’s outstanding loans amounting to approximately ₹48,000 crore to the National Asset Reconstruction Company Ltd (NARCL) on March 12.

The loans, which comprise principal, interest, and penalties accumulated over several years, were transferred for around ₹12,700 crore.

What Lies Ahead?

With the March 25 deadline fast approaching, all eyes are on the final bidders who will move forward in acquiring JAL’s assets. The outcome of this insolvency resolution will not only determine the future of JAL but could also reshape competition in sectors such as cement, infrastructure, and real estate.

As highlighted in the exclusive ET report, key industry players remain tight-lipped about their strategies, with companies like JSW, Vedanta, and JAL’s resolution professionals declining to comment. Other bidders, including Dalmia Bharat, Jindal Power, Welspun, Torrent, Adani, GMR, and Kotak Alternate Assets, have also refrained from making public statements regarding their interests.

Conclusion

As the deadline for final bids approaches, the competition for JAL’s assets is heating up. With major industry players like Adani, JSW, Vedanta, and others in the fray, the outcome of this insolvency process will have a significant impact on the cement, infrastructure, and real estate sectors.

 

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 of the Day: Shriram Finance Leads Gains, Tech Mahindra Slides on Mar 19, 2025

On March 19, BSE Sensex and NSE Nifty registered gains. The Sensex closed at 75,449.05, up 147.79 points (0.20%), while the Nifty 50 settled at 22,907.60, rising 73.30 points (0.32%).

Top Gainers of the Day

Symbol LTP (₹) % Change Volume
SHRIRAMFIN 667.4 3.91% 98,19,043
HDFCLIFE 665.1 3.83% 24,70,328
APOLLOHOSP 6430 2.93% 5,79,873
TATASTEEL 158.54 2.51% 6,61,50,437
POWERGRID 276.7 2.18% 1,30,89,215

1. Shriram Finance

Shriram Finance Limited closed at ₹667.40, gaining ₹25.10 (3.91%) from its previous close of ₹642.30. The stock opened at ₹645.70, reaching an intraday high of ₹677.60 and a low of ₹637.65. The company is looking to consolidate its gold loan business and increase its market share in the coming quarters.

2. HDFC Life Insurance Company

HDFC Life Insurance Company Limited ended the day at ₹665.10, rising ₹24.55 (3.83%) from its previous close of ₹640.55. The stock opened at ₹642.00, hitting a high of ₹665.90 and a low of ₹640.65 during the session.

3. Apollo Hospitals Enterprise

Apollo Hospitals Enterprise Limited closed at ₹6,430, registering an increase of ₹183.20 (2.93%) from its previous close of ₹6,246.80. The stock opened at ₹6,275.25, reaching a high of ₹6,434.90 and a low of ₹6,227.10.

4. Tata Steel

Tata Steel Limited ended at ₹158.54, gaining ₹3.88 (2.51%) from its previous close of ₹154.66. The stock opened at ₹156.80, touching a high of ₹159.20 and a low of ₹156.50 during the session. Shares gained after the Directorate General of Trade Remedies (DGTR) recommended the imposition of a 12% provisional safeguard duty ad valorem for 200 days on select steel products.

5. Power Grid Corporation of India

Power Grid Corporation of India Limited closed at ₹276.70, up ₹5.90 (2.18%) from its previous close of ₹270.80. The stock opened at ₹272, reaching a high of ₹278.30 and a low of ₹269.80.

Top Losers of the Day

Symbol LTP (₹) % Change Volume
TECHM 1,397.50 -2.32% 55,56,911
ITC 403.4 -1.39% 1,28,21,696
TCS 3,505 -1.34% 30,50,915
INFY 1,589.10 -1.26% 73,85,787
SUNPHARMA 1,732.65 -0.87% 21,67,414

1. Tech Mahindra

Tech Mahindra Limited ended the session at ₹1,397.50, declining by ₹33.15 (-2.32%) from its previous close of ₹1,430.65. The stock opened at ₹1,430.65, touching a high of ₹1,431.80 and a low of ₹1,394.40 during the day.

2. ITC

ITC Limited closed at ₹403.40, down ₹5.70 (-1.39%) from its previous close of ₹409.10. The stock opened at ₹410, hitting a high of ₹410.75 and a low of ₹402.60.

3. Tata Consultancy Services

Tata Consultancy Services Limited finished at ₹3,505, declining by ₹47.45 (-1.34%) from its previous close of ₹3,552.45. The stock opened at ₹3,547, with an intraday high of ₹3,547 and a low of ₹3,462.75.

4. Infosys

Infosys Limited ended the trading session at ₹1,589.10, down ₹20.25 (-1.26%) from its previous close of ₹1,609.35. The stock opened at ₹1,603, reaching a high of ₹1,603 and a low of ₹1,572.80.

5. Sun Pharmaceutical Industries

Sun Pharmaceutical Industries Limited closed at ₹1,732.65, declining ₹15.15 (-0.87%) from its previous close of ₹1,747.80. The stock opened at ₹1,747.80, reaching a high of ₹1,748 and a low of ₹1,726.30.

Conclusion

The Indian stock market witnessed a mixed session on March 19, 2025, with the Sensex and Nifty closing higher despite some notable declines in key stocks. Shriram Finance led the top gainers, while Tech Mahindra experienced the biggest loss of the day.

Market movements were driven by sectoral trends, investor sentiment, and global cues. As always, investors should closely monitor market dynamics and conduct thorough research before 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.

TATA IPL 2025: The Cricketing Approach to Trading

Are you a cricket enthusiast who loves analysing match tactics before every tournament? Or perhaps a trader who enjoys decoding market trends and making calculated moves?

The Indian Premier League (IPL) and stock trading may seem worlds apart, but at their core, both involve high-stakes tactics, adaptability, and risk management.

As IPL 2025 kicks off on March 22 with 10 teams battling it out across 74 matches, let’s explore how cricketing tactics—whether an explosive powerplay or a well-paced chase—mirror the approaches traders use to navigate the stock market.

High-Risk Trading vs Aggressive Batting in IPL

Some IPL teams prefer an attacking approach, aiming to maximise runs quickly. This mirrors high-risk trading methods, where traders take bold positions in volatile stocks to capitalise on short-term market movements.

Similarly, derivatives trading, especially in options, is a high-stakes domain where traders position themselves based on market movements with leverage, aiming for better returns. However, just as reckless batting can lead to collapses, unchecked speculation in derivatives has led to massive losses for retail traders. A study revealed that retail traders lost nearly ₹1.8 lakh crore over the past 3 years.

Long-Term Investing vs Defensive Play in IPL

A solid IPL innings often begins with a defensive approach, where batters focus on stability, building partnerships, and carefully selecting their shots. This mirrors long-term investing, where patience and consistency are key. Like a batsman navigating the early overs to build a strong foundation, long-term investors prioritise fundamentally strong assets, allowing their portfolios to grow steadily over time.

Historical data shows that Nifty 50 has delivered an average annual return of 11% over the last decade, highlighting how patience and long-term investing can generate consistent wealth despite lower returns in 2022 and 2018.

Diversified Portfolios vs Balanced Team Approaches in IPL

This highlights the importance of diversification—just like a well-balanced IPL team needs a mix of aggressive batters, steady anchors, and skilled bowlers to handle different match situations.

Investors who spread their portfolio across large-cap, mid-cap, and small-cap stocks, along with alternative assets like gold and bonds, are better positioned to withstand market downturns.

The recent uptick in gold ETF investments amid the Nifty Smallcap Index’s decline reinforces how diversification can act as a safety net, reducing overall portfolio volatility while ensuring steady long-term growth.

Goal-Based Investing vs Chasing a Target in IPL

Just as an IPL team chasing a target structures its innings—starting steadily, keeping up with the required run rate, and accelerating at the right moments—goal-based investing follows a similar approach.

Investors set financial goals, such as buying a house or securing retirement, and plan their investments accordingly. Systematic Investment Plans (SIPs) in mutual funds mirror a well-paced chase.

SIPs in equity mutual funds have historically delivered CAGR returns of 14%-15% over a 10-15 year period, proving the effectiveness of disciplined investing.

Market Volatility vs Crunch Moments in IPL

Just as IPL teams face high-pressure situations in crunch moments, investors and traders must navigate market volatility with composure. A sudden collapse of wickets can derail a team’s innings, much like panic-driven decisions during market downturns can lead to heavy losses.

The best teams stay calm, assess the situation, and adjust their plans accordingly—just as seasoned investors avoid emotional reactions, focusing instead on long-term fundamentals.

History shows that markets recover over time, rewarding those who stay disciplined, much like a well-timed counterattack in cricket can turn the game around.

Conclusion

Just as IPL teams craft winning approaches by balancing aggression with caution, traders and investors must adopt a similar approach in the stock market. Whether it’s taking calculated risks like aggressive batters, staying patient like long-term investors, or maintaining a diversified team like a well-balanced portfolio, the key lies in planning, discipline, and adaptability.

By learning from the game’s tactics, investors can build resilient portfolios, navigate market fluctuations with confidence, and achieve long-term financial success—just like a well-planned chase leading to victory on the cricket field.

 

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.

Starlink’s India Entry: Why Are Jio and Airtel Teaming Up with SpaceX?

SpaceX’s Starlink is gearing up for its launch in India, but what makes this move even more intriguing is the unexpected partnerships with two of India’s biggest telecom giants—Reliance Jio and Bharti Airtel.

Despite previously opposing SpaceX on satellite spectrum allocation, both telcos have now announced collaborations to bring Starlink’s broadband services to the country, as per news reports.

Why Jio and Airtel Are Teaming Up with Starlink?

Reliance Jio and Bharti Airtel have well-established satellite broadband ventures—Jio with SES and Airtel through Eutelsat OneWeb. The companies stated that the collaboration will help expand high-speed internet access, particularly to underserved and remote regions.

Starlink has successfully partnered with telecom operators globally, including T-Mobile (US), Rogers (Canada), Optus (Australia), and KDDI (Japan). With its entry into India, the company may leverage Jio and Airtel’s infrastructure to establish its foothold, just as it has done in other countries, as per news reports.

Understanding Satellite Communication and Its Role in India

Satellite communication (Satcom) plays a crucial role in regions where fiber-optic networks are impractical. It enables connectivity in remote, mountainous, and disaster-prone areas. While terrestrial networks are faster and more cost-effective, satellite-based services provide coverage over vast distances with minimal latency.

According to Deloitte, India’s satellite broadband market is projected to reach $1.9 billion by 2030, growing at a 36% compound annual growth rate (CAGR). The demand for satellite-based internet is expected to increase, particularly in areas where traditional broadband infrastructure is not viable.

Impact on India’s Telecom Sector

The partnership is likely to complement, rather than compete with, their fiber broadband offerings such as Jio Fiber and Airtel Xstream Fiber.

Sunil Mittal, chairman of Bharti Airtel, emphasised that satellite broadband will primarily cater to rural and underserved regions. Additionally, satellite services are generally more expensive than traditional broadband, making them less attractive for urban and semi-urban customers who have access to affordable, high-speed fiber networks.

India’s Broadband Market and Starlink’s Global Reach

As of December 2024, Reliance Jio dominates India’s broadband market with a 50% share and 477 million subscribers. Bharti Airtel follows with 30.62% (289 million users), while Vodafone Idea holds 13.37%.

Globally, Starlink has exceeded 4.6 million users, with around 1.4 million subscribers in the US alone. Its satellite constellation currently consists of 6,750 satellites.

Regulatory Challenges and Security Concerns

One of the biggest hurdles for Starlink in India is obtaining regulatory approvals. The company applied for a Global Mobile Personal Communication by Satellite (GMPCS) license in 2022, which is mandatory for satellite-based services in the country.

The Indian government has laid out stringent conditions for approval, including compliance with security regulations, call data record sharing with authorities when required, and ensuring that all calls routed through its network pass through a designated GMPCS gateway in India.

Conclusion

Starlink’s entry into India, backed by partnerships with Jio and Airtel, could transform satellite broadband accessibility in the country. While the move is expected to boost rural connectivity, regulatory challenges and security concerns may slow its rollout. As India’s satellite broadband market grows, it remains to be seen how this collaboration will shape the future of digital connectivity in the region.

 

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.

Check Gold and Silver Rates in Your City Today, March 19, 2025

Gold and silver prices showed mixed trends on March 19, 2025. In the international market, spot gold prices rose by 0.14%, reaching $3,025.8 in the at 12:45 PM. Meanwhile, silver prices stood at $34.085 per ounce. In the domestic market, gold prices saw an uptick, while silver prices declined slightly.

In Chennai, 24-carat gold is priced at ₹8,943 per gram, while 22-carat gold costs ₹8,198 per gram. In Hyderabad, the price of 22-carat gold is ₹81,868 per 10 grams, while 24-carat gold is trading at ₹89,310 per 10 grams.

Gold Prices Across Major Indian Cities on March 19, 2025

Here is a detailed breakdown of gold prices as of March 19, 2025.

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 89,430 81,980
Hyderabad 89,310 81,868
Delhi 89,020 81,602
Mumbai 89,170 81,739
Bangalore 89,240 81,803

Silver Prices Across Major Indian Cities on March 19, 2025

Here are the latest silver rates per kilogram in major Indian cities as of today.

City Silver Rate (₹/kg)
Chennai 101,490
Hyderabad 101,360
Delhi 101,020
Mumbai 101,200
Bangalore 101,280

Conclusion

Gold and silver prices have shown varied movements in both domestic and international markets. While gold prices saw an uptick, silver rates experienced a slight decline. Investors and buyers should stay updated with the latest trends and consider multiple factors, including global market movements and local demand, before making any purchasing decisions.

Since precious metal prices fluctuate frequently, checking real-time rates can help in making informed choices.

 

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.

Top SBI Mutual Funds in March Based on 3-Year Annualised Returns, Up to 30% CAGR

Mutual funds have been a preferred investment choice for many investors looking for diversified exposure to the market. Here is an overview of five SBI mutual funds that have delivered up to 30% annualised returns over the past 3 years.

List of SBI Mutual Funds with Up to 30% Annualised Returns

Fund Name Sub Category AUM (₹ Cr) CAGR 3Y (%)
SBI PSU Fund Thematic Fund 4,149.45 30.49
SBI Long Term Equity Fund Equity Linked Savings Scheme (ELSS) 25,723.50 23.49
SBI Healthcare Opp Fund Sectoral Fund – Pharma & Health Care 3,521.93 23.13
SBI Infrastructure Fund Sectoral Fund – Infrastructure 4,325.37 22.47
SBI Contra Fund Contra Fund 39,589.67 21.47

Note: The funds listed above are ranked based on their 3-year annualised returns.

Top 5 SBI Mutual Funds with Up to 30% Annualised Returns in 3 Years

1. SBI PSU Fund

This thematic fund focuses on public sector undertakings (PSUs), offering exposure to government-backed enterprises across various industries. It operates with an expense ratio of 0.96%, and its net asset value (NAV) stands at ₹31.07.

2. SBI Long-Term Equity Fund

This ELSS fund provides tax benefits under Section 80C while investing in a diversified portfolio of equity instruments. With an expense ratio of 1.07%, it has a NAV of ₹430.01.

3. SBI Healthcare Opportunities Fund

This sectoral fund focuses on pharmaceutical and healthcare companies. It has an expense ratio of 0.97% and an NAV of ₹453.57.

4. SBI Infrastructure Fund

This fund targets companies involved in infrastructure development, spanning sectors like construction, power, and transport. It has an expense ratio of 0.84% and an NAV of ₹47.49.

5. SBI Contra Fund

A contra fund follows a contrarian investment approach, investing in stocks that are currently out of favour but have the potential for value realisation. This fund has an expense ratio of 0.76% and an NAV of ₹374.82.

Conclusion

Investors interested in mutual funds should consider various factors such as risk tolerance, investment horizon, and financial goals before making any decisions.

The funds listed above have had notable returns in the last 3 years, but past performance does not indicate future results. Conducting thorough research and consulting financial advisors can help in making informed investment choices.

Plan your SBI SIP investments better! Use our easy-to-use SBI SIP Calculator and estimate future returns with just a few clicks. Your financial growth starts here.

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.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.