Stock Markets (NSE, BSE) and Bank Holiday on April 18 for Good Friday

If you’re planning any financial transactions or looking to trade stocks tomorrow, it’s important to note that both the Indian stock market and banks will remain closed on Good Friday, April 18, 2025. This holiday is observed across the country as a religious and public holiday, marking the crucifixion of Jesus Christ. 

Stock Market Holiday on April 18, Friday 

On April 18, trading will be suspended on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This includes equity, equity derivatives, SLB (Securities Lending and Borrowing), and currency derivative segments.    

Other NSE and BSE Holidays in April and May 2025 

Earlier this month, the stock markets were closed on April 10, 2025, for Ram Navami. And then on April 14, 2025, for Ambedkar Jayanthi.

Looking ahead, the next market holiday will fall on May 1, 2025, in observance of Maharashtra Day and Labour Day, when trading activity will again be suspended across major exchanges. These dates are part of the official market holiday calendar released by NSE and BSE each year to help traders and investors plan ahead.  

These holidays are part of the official holiday calendar released by the stock exchanges at the beginning of each year. It’s always a good idea to keep track of these dates, especially for investors and traders who plan their transactions in advance. 

Check: Share Market Holiday List 2025! 

Bank Holiday on April 18 

As for banks, Good Friday is a recognised public holiday under the Negotiable Instruments Act, which means branches of public and private sector banks will remain closed across most parts of India.  

This includes physical banking services like cash deposits, withdrawals, and in-branch consultations. However, digital banking services such as UPI, net banking, ATM operations, and mobile banking apps will remain operational, allowing users to carry out essential transactions seamlessly. 

Conclusion 

April 18, 2025, marks a market and banking holiday due to Good Friday. While the long weekend may provide time for personal reflection or rest, it’s crucial to plan your financial activities accordingly. Markets will resume regular operations on Monday, April 21, 2025. 

 

 

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. 

Stocks To Watch Today on April 17, 2025: Wipro, BHEL, HUL, IRFC & More in Focus

On Thursday, April 17, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open lower, tracking mixed global market cues. Check out a few stocks that might be in focus during the trading session. 

Wipro 

Wipro reported a net profit of ₹3,570 crore for the quarter ending March 2025, reflecting a 26% year-on-year growth from ₹2,835 crore posted during the same period last year. 

Hindustan Unilever 

Hindustan Unilever Limited (HUL) has filed a legal case in the Bombay High Court against Honasa Consumer, alleging that the latter has engaged in brand disparagement. 

UltraTech Cement 

UltraTech Cement has announced its decision to acquire a 26% equity stake in AMPIN C&I Power Eight, a renewable energy generation and transmission company, for a total consideration of ₹25 crore. 

BHEL 

Bharat Heavy Electricals Limited (BHEL) has signed a Technology Transfer Agreement with the Bhabha Atomic Research Centre (BARC) for electrolyser systems utilized in hydrogen production. Through this deal, BHEL has acquired the Mixed-Matrix Membrane Diaphragm Technology, enabling it to indigenously develop alkaline electrolyser systems. 

IRFC 

The Madras High Court has ruled in favor of Indian Railway Finance Corporation (IRFC), allowing its writ petitions and setting aside the disputed order dated December 4, 2024, issued by the Assistant Commissioner (ST), which had raised a tax demand of ₹230.55 crore. 

Hero MotoCorp 

Hero MotoCorp has announced a temporary production shutdown at four of its manufacturing plants—Dharuhera, Gurugram, Haridwar, and Neemrana—from April 17 to 19, to align short-term supply. Operations are expected to resume on April 21. 

Also Read: Why Are Adani Group Companies in Huge Debt?

Conclusion 

Apart from these, several other stocks may remain in focus throughout the day due to market trends and company-specific developments. Keep an eye on key updates and market movements. 

 

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. 

Stocks That Hit Circuit Limits On April 16, 2025, Gensol Engineering, EPACK Durable & More

On April 16, 2025, BSE Sensex closed at 77,044.29 up by 0.40%, while Nifty50 rose by 0.47% to 23,437.20. Stocks like Gensol Engineering and EPACK Durable hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. 

Stocks That Hit Upper Circuit on April 16, 2025 

Company Symbol  LTP (₹)  % Change  Price Band %  Volume (Lakhs)  Value (₹ Crores) 
GRWRHITECH  3,206.10  10.00  10.00  3.92  123.90 
EPACK  407.00  3.52  5.00  21.78  89.34 
NACLIND  180.73  5.00  5.00  32.36  58.15 
SHAILY  1,796.20  9.13  10.00  2.55  44.80 
SANATHAN  442.05  9.99  10.00  9.74  41.76 

Stocks That Hit Lower Circuit on April 16, 2025 

Company Symbol  LTP (₹)  % Change  Price Band %  Volume (Lakhs)  Value (₹ Crores) 
BALUFORGE  597.00  -6.13  10.00  23.25  138.66 
JTLIND  67.60  -16.42  20.00  113.00  78.22 
CELLECOR  55.95  -16.74  20.00  59.67  35.08 
GENSOL 

 

 122.68  -5.00  5.00  4.24  5.20 
TEMBO  449.95  -4.99  5.00  0.91  4.11 

Overview of Companies Hit Circuits Today 

Gensol Engineering 

Gensol Engineering saw a drop in its stock price, declining by 5% to close at ₹122.68. The stock opened at ₹122.68 and reached a low of ₹122.68.  

JTL Industries 

JTL Industries experienced a drop in its stock price, dropping by 16.42% to close at ₹67.60. The stock opened at ₹80 and reached a low of ₹64.70. 

Balu Forge Industries 

Balu Forge Industries saw its stock price drop by 6.13% to close at ₹597.00. The stock opened at ₹634.50 and declined to ₹572.40 at the low of the day. 

EPACK Durable 

EPACK Durable experienced notable growth in its stock price, rising by 3.52% to close at ₹407.00. The stock opened at ₹412.80 and touched a high of ₹412.80. 

Sanathan Textiles 

Sanathan Textiles saw an increase in its stock price, rising by 9.99% to close at ₹442.05. The stock opened at ₹400.25 and rose to a day’s high of ₹442.05. 

 Also Read: What Does the Adani Group Do? – Main Operations, Businesses & More!

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. 

Blue Dart Expands Network with Guwahati as Direct Flying Location

Blue Dart Express Limited announced the expansion of its network by adding Guwahati as a direct flying location.  

This strategic decision was driven by Blue Dart’s vision to empower Northeast India, a region that plays a pivotal role in the country’s economic growth. With Guwahati being a key business hub for industries such as tea, handicrafts, pharmaceuticals, and more, this move will help boost local businesses and enhance regional connectivity. 

Improved Connectivity for Local and Regional Growth 

Through this expansion, Blue Dart aims to offer next-day services to Guwahati and a 48-hour delivery timeline to neighbouring states. This improved connectivity will cater to the region’s rapidly growing consumption ecosystem, ensuring that businesses in Northeast India can seamlessly reach customers across the country within 24 to 48 hours.  

The service also provides flexibility with late cut-off times and early delivery options, optimising customer satisfaction. Local businesses, especially those handling high-value or perishable goods, will benefit from minimised delivery times, reduced damages, and faster access to markets. 

Optimised Operational Efficiency 

Blue Dart’s dedicated network, supported by specialised infrastructure and a robust fleet of ground vehicles, ensures operational efficiency across all levels. The company’s expanding aircraft operations include two Boeing 737-800 freighters, each with a capacity of 21 tons per flight.  

These freighters facilitate the efficient movement of goods across key markets, ensuring faster turnarounds and timely deliveries. With optimised transit schedules, Blue Dart guarantees businesses across Northeast India can access wider markets while connecting to national and global trade routes. 

Also Read: EMI Planning: What Should Be Your EMI If You Earn ₹50,000 Per Month? 

Empowering Local Enterprises and Driving Economic Growth 

By bridging critical markets and providing smoother trade routes, Blue Dart is empowering local enterprises, MSMEs, and large businesses. The company’s innovative use of technology, such as API integration and real-time supply chain tracking, ensures operational transparency and efficiency.  

Commenting on this development, the Chief Commercial Officer of Blue Dart Express, Dipanjan Banerjee, said, “At Blue Dart, we firmly believe that logistics is the backbone of progress – it is about connecting businesses to opportunities, touching lives through reliable service, and enabling growth that transforms communities. Our commitment goes beyond mere delivery; we aim to empower enterprises with a seamless, cutting-edge logistics infrastructure tailored to their ambitions.”  

He further stated, “With our expanded network and next-day services, businesses in Northeast India can now enjoy greater operational flexibility, effortlessly scale their offerings, and tap into national markets with unprecedented speed, fostering both economic growth and regional integration.” 

Blue Dart Share Price Performance  

On April 16, 2025, Blue Dart share price opened at ₹6,350.00, up from its previous close of ₹6,337.50. At 1:43 PM, the share price of Blue Dart was trading at ₹6,373.00, up by 0.56% on the NSE. 

Conclusion  

With expanded air capacity, improved connectivity, and continuous investments, Blue Dart is not only supporting the local economy but also fostering entrepreneurship and driving market integration, reinforcing its position as the logistics partner of choice for businesses in Northeast India. 

 

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. 

ICICI Prudential Life Reports 39.6% PAT Growth in FY2025; Dividend Announced

ICICI Prudential Life Insurance Company Ltd has announced its financial results for the quarter and full year ended March 31, 2025, showcasing growth across key metrics.  

The company reported a 39.6% year-on-year increase in Profit After Tax (PAT), which rose to ₹1,189 crore in FY2025. The Value of New Business (VNB) stood at ₹2,370 crore with a VNB margin of 22.8%. The board approved a final dividend of ₹0.85 per equity share. 

Post the announcement, on April 16, 2025, ICICI Prudential share price (NSE: ICICIPRULI) opened at ₹581.00, up from its previous close of ₹567.15. At 10:54 AM, the share price of ICICI Prudential was trading at ₹593.45, up by 4.64% on the NSE. 

Growth in APE, Protection, and Annuity Segments 

The company’s total Annualised Premium Equivalent (APE) grew by 15% year-on-year to ₹10,407 crore in FY2025. Its retail protection business, a crucial part of the life insurance offering, reported an impressive 25.1% year-on-year APE growth to ₹598 crore.  

The annuity segment also demonstrated strength, recording a two-year compound annual growth rate (CAGR) of 31.4%. Furthermore, the retail New Business Sum Assured (NBSA) grew by 37% to ₹3.32 lakh crore, while the total in-force sum assured rose by 15.6% to ₹39.43 lakh crore. 

Diverse Distribution Network Fuels Business Expansion 

ICICI Prudential Life maintained a well-diversified distribution strategy across various channels. The proprietary channel, comprising agency and direct distribution, grew by 15.2% during the year. The contribution to APE came from agency (28.9%), direct (14.4%), bancassurance (29.4%), partnership distribution (10.9%), and group channels (16.4%).  

Also Read: EMI Planning: What Should Be Your EMI If You Earn ₹50,000 Per Month? 

Assets Under Management Cross ₹3 Lakh Crore 

As of March 31, 2025, the company’s assets under management (AUM) stood at ₹3.09 lakh crore, underpinned by fund performance, strong customer trust, and growth in new business.  

Commenting on the results, the MD and CEO of ICICI Prudential Life Insurance, Mr Anup Bagchi, said, “In line with our commitment to delivering value to our shareholders, our Embedded Value (EV) and AUM both have grown at a five-year CAGR of above 15% in FY2025, echoing the robustness of our financial foundation and long-term value creation capabilities.” 

He further stated, “Moving forward, we remain committed to enhancing customer experience through innovative product propositions, seamless onboarding, best-in-class servicing and claims settlement. Our resilient balance sheet and strong solvency position provide the stability and foundation to support sustainable growth in the years ahead.” 

Conclusion 

ICICI Prudential Life Insurance’s FY2025 performance demonstrates resilience and strategic strength, driven by steady growth across segments and a well-diversified distribution model.  

 

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. 

Infosys Partners with Spark NZ to Boost Digital and AI Capabilities

Infosys and Spark New Zealand have announced a strategic agreement aimed at transforming Spark’s technology delivery model through advanced digital innovation.  

Leveraging AI and Cloud for Enhanced Efficiency 

The collaboration will leverage Infosys Topaz, an AI-first suite of services and platforms driven by generative AI technologies, and Infosys Cobalt, which supports enterprises in accelerating their cloud journeys. This partnership is expected to help Spark reduce IT operating costs while enabling faster rollout of digital and AI-powered customer experiences. 

Local Talent Retention and Global Expertise 

As part of the deal, Infosys will provide its global software engineering and DevOps expertise to support the development, testing, integration, and delivery of Spark’s systems and applications. Infosys will also offer ongoing monitoring and technical support. Despite the outsourcing of some operational functions, Spark will continue to own its IT assets and retain control over its technology architecture, product innovation, and business application strategies. 

A key aspect of the agreement is Infosys’ commitment to bolstering its local workforce in New Zealand. This move is intended to ensure that critical knowledge, regional expertise, and support capabilities remain within the country, enhancing collaboration and responsiveness. 

Also Read: EMI Planning: What Should Be Your EMI If You Earn ₹50,000 Per Month?

Management Commentary 

The Data and Marketing Director of Spark, Matt Bain, said, “Infosys has collaborated with Spark for over 16 years, working alongside our local teams to support the applications that enable Spark to deliver new products and digital experiences for our customers. We are now building on this relationship to allow our teams to focus on our technology strategy and the product roadmaps that will grow our competitive advantage, while leveraging Infosys’ global scale to execute these plans quickly and efficiently and accessing Infosys’ investment in AI and innovation to enable us to keep delivering great experiences for our customers.” 

Raja Shah, EVP and Industry Head, Global Markets, Infosys, said, “We are thrilled to deepen our longstanding collaboration with Spark and contribute to its ambitious digital transformation journey, leveraging Infosys Topaz and Infosys Cobalt. Our global capabilities and innovative solutions will aim to deliver significant cost efficiencies, and over time we will work together to enhance customer experience through AI-driven insights and automation. This collaboration underscores our commitment to driving impactful change and supporting Spark in achieving its strategic goals.” 

Infosys Share Price Performance  

On April 16, 2025, Infosys share price (NSE: INFY) opened at ₹1,425.00, down from its previous close of ₹1,426.00. At 10:33 AM, the share price of Infosys was trading at ₹1,401.70, down by 1.70% on the NSE. 

Conclusion  

This partnership highlights Infosys’ growing footprint in the ANZ region and aligns with Spark’s ambition to evolve as a digitally driven, customer-centric organization. 

 

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. 

ICICI Lombard Reports 8.3% Growth in GDPI in FY25, Proposes Final Dividend of ₹7

ICICI Lombard General Insurance Company Limited has announced its financial results for the quarter and fiscal year ended March 31, 2025.  

Growth in Gross Direct Premium Income (GDPI) 

ICICI Lombard’s Gross Direct Premium Income for FY2025 stood at ₹268.33 billion, reflecting an 8.3% growth compared to ₹247.76 billion in FY2024. This growth surpasses the industry average of 6.2%. Excluding the impact of the 1/n accounting norm, GDPI for the year grew by 11.0%, outperforming the industry growth of 8.6%. 

For Q4 FY2025, GDPI was ₹62.11 billion, up 2.3% from ₹60.73 billion in Q4 FY2024, also exceeding the industry’s growth of 1.7%. 

Profit After Tax 

The company’s Profit After Tax (PAT) for FY2025 grew by a notable 30.7%, reaching ₹25.08 billion compared to ₹19.19 billion in FY2024. However, PAT for Q4 FY2025 decreased slightly by 1.9%, amounting to ₹5.10 billion, down from ₹5.19 billion in the same quarter last year. 

Return on Average Equity

ICICI Lombard reported a Return on Average Equity (ROAE) of 19.1% for FY2025, up from 17.2% in FY2024, signaling improved profitability and efficiency. For Q4 FY2025, ROAE was 14.5%, compared to 17.8% in Q4 FY2024. 

Dividend Proposal 

The Board of Directors has proposed a final dividend of ₹7.00 per share for FY2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The total dividend for FY2025, including the interim dividend, amounts to ₹12.50 per share. 

Read: Can You Buy a ₹56,000 Phone on EMI with a ₹30,000 Credit Limit?

Share Price Performance  

On April 16, 2025, ICICI Lombard share price (NSE: ICICIGI) opened at ₹1,759.40, down from its previous close of ₹1,822.60. At 9:55 AM, the share price of ICICI Lombard was trading at ₹1,801.20, down by 1.17% on the NSE. 

Conclusion 

ICICI Lombard’s growth in GDPI and profitability, despite a slight dip in Q4 PAT, reflects its market position and continued resilience in the competitive insurance sector. The proposed dividend highlights the company’s commitment to delivering value to shareholders. 

 

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. 

IndusInd Bank Share Price in Focus Amid Shareholding Changes and Internal Issues

IndusInd Bank has seen notable changes in its shareholding pattern for the January to March 2025 quarter. The updates, released on the stock exchanges, highlight a shift in ownership across different categories, reflecting broader market sentiment and investor movements. 

Promoter Shareholding Declines Slightly 

IndusInd Bank’s promoter stake saw a marginal decline during the quarter, with promoters now owning 15.83% of the bank, down from 16.29% in the December quarter

Retail Shareholding Sees Growth 

Interestingly, retail shareholding in IndusInd Bank has shown an increase during the same period. In the quarter, when the stock price was under pressure, the number of retail shareholders grew from 6.17 lakh to 7.47 lakh, representing an increase from 7.9% to 9.17% in total shares held.  

Mutual Funds and Institutional Stake Changes 

Institutional investors also adjusted their stakes during the quarter. Domestic mutual funds reduced their stake in IndusInd Bank to 27.55%, down from 30.31% in December. However, the emergence of Mirae Asset Largecap Fund with a 1.52% stake in March, which was absent in the December shareholding, highlights the shifting preferences of institutional investors.  

Furthermore, Life Insurance Corporation of India (LIC) saw a slight reduction in its stake to 5.08% from 5.23%, while foreign portfolio investors (FPIs) significantly increased their stake to 29.53%, up from 24.74% in the previous quarter. 

Exit of Two Mutual Funds 

Two prominent fund houses, Kotak Mutual Fund and Quant Mutual Fund, exited their positions in IndusInd Bank during the quarter. Kotak Equity Arbitrage Fund, which held a 1.26% stake in December, no longer appears in the March filings. Quant Mutual Fund, which likely held less than 1%, is also absent.  

Discrepancies and Impact on Net Worth 

On April 15, 2025, the bank informed the stock exchanges that on March 10, 2025, IndusInd Bank disclosed discrepancies in the account balances of its derivative portfolio, estimating an adverse impact of ~2.35% of its net worth as of December 2024.  

An external agency was engaged to independently review the internal findings, and the report was received on April 15, 2025. The report identified discrepancies related to derivative deals, quantifying the negative impact at ₹1,979 crore as of 30th June 2024. Based on the external report, the bank assessed the adverse impact on its net worth (on a post-tax basis) to be 2.27% as of December 2024.

The bank stated that it will reflect this impact in its financial statements for FY 2024-25 and continue to enhance its internal controls concerning derivative accounting operations. 

Read: What Does the Adani Group Do? – Main Operations, Businesses & More!

IndusInd Bank Share Price Performance  

On April 16, 2025, IndusInd Bank share price (NSE: INDUSINDBK) opened at ₹747.00, up from its previous close of ₹735.90. At 9:35 AM, the share price of IndusInd Bank was trading at ₹746.35, up by 1.42% on the NSE. 

Conclusion 

IndusInd Bank’s latest shareholding pattern reflects a mixed outlook, with some institutional investors scaling back their positions, while retail and foreign investors increased their holdings. The bank’s internal discrepancies and the resulting financial impact have added to the uncertainty. The upcoming financial reports will likely provide more clarity on the impact of these challenges and opportunities moving 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 the securities market are subject to market risks, read all the related documents carefully before investing. 

QpiAI, Chosen Under NQM, Unveils Powerful 25-Qubit Quantum Computer

Bengaluru-based startup QpiAI, one of the eight companies selected under the National Quantum Mission (coordinated by the Department of Science and Technology), announced a significant milestone on World Quantum Day (April 14, 2025).  

The company unveiled QpiAI-Indus, a full-stack quantum computing system featuring 25 superconducting qubits, making it one of the most powerful quantum computers in India to date. 

India’s First Full-Stack Quantum System 

QpiAI-Indus stands out as the first complete quantum computing system built in India, integrating advanced hardware, scalable quantum control systems, and AI-enhanced quantum software. It combines quantum processors, Quantum-HPC platforms, and hybrid computing capabilities, designed to address complex problems across multiple domains. 

Driving Deep-Tech and Scientific Innovation 

The launch represents a breakthrough for India’s scientific and industrial future. QpiAI’s quantum technologies are already driving innovations in life sciences, drug discovery, materials science, mobility, logistics, climate action, and sustainability. The company is positioning itself as a leader in deep-science development, helping to create one of the world’s largest quantum talent ecosystems under India’s National Quantum Mission. 

Also Read: Has Your Bank Cut Lending and Deposit Rates?

Startup Success and Global Vision 

Bootstrapped in 2019, QpiAI has already filed 11 patents and reports a revenue of approximately ₹1 million per annum. The startup has also secured capital support from the Small Industries Development Bank of India (SIDBI). Its contributions underline the growing strength of India’s quantum startup ecosystem and the country’s ambitions to be a global quantum hub. 

Conclusion 

With the launch of QpiAI-Indus, QpiAI has marked a significant step in India’s quantum journey. By combining hardware, software, and AI, the company is accelerating real-world applications of quantum computing while contributing to a global movement toward a quantum-enabled future. 

 

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. 

Mazagon Dock Interim Dividend Ex-Date Today, April 16

Mazagon Dock Shipbuilders Ltd’s Board of Directors has declared and approved an interim dividend of ₹3 per equity share.  

On April 15, 2025, Mazagon Dock share price (NSE: MAZDOCK) opened at ₹2,490.00 and closed at ₹2,652.90, up by 9.06%. The stock price touched its day’s high at ₹2,697.70.  

Mazagon Dock Interim Dividend Record Date 

The board of directors of the company, at its meeting held on April 8, 2025, approved the declaration of a second interim dividend of ₹3 per equity share (face value of ₹5 each), fully paid-up, for the financial year 2024–25. 

The company has fixed Wednesday, April 16, 2025, as the record date for this interim dividend. The dividend payment is expected to be completed on or before May 7, 2025. 

Q3 FY 2025 Financial Highlights 

The company reported its standalone financial performance in Q3 FY25, with revenue from operations rising to ₹3,144 crore, compared to ₹2,362 crore in Q3 FY24. Profit after tax (PAT) also saw an increase, reaching ₹768 crore in Q3 FY25, up from ₹592 crore in the same quarter last year. 

About Mazagon Dock Shipbuilders Ltd 

Mazagon Dock Shipbuilders Limited (MDL), based in Mumbai and established in 1774, is one of India’s leading shipyards. What began as a modest dry dock has grown into a prominent shipbuilding enterprise. Since 1960, MDL has built 801 vessels, including warships, submarines, cargo and passenger ships, as well as offshore platforms. 

Conclusion 

Mazagon Dock’s Q3 performance and interim dividend announcement highlight its growth and shareholder focus. Investors may keep an eye on the stock for future developments. 

 

 

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.