NMDC Interim Dividend of ₹2.30 Record Date Tomorrow, March 21, 2025

NMDC Ltd Board of Directors has declared and approved an interim dividend of ₹2.30 per equity share with a face value of ₹1 each. 

On March 19, 2025, NMDC share price opened at ₹67.64 and closed at ₹69.09, up by 3.47%. The stock price touched its day’s high at ₹69.19. 

NMDC Interim Dividend Record Date

The Company’s Board of Directors, in its meeting on Monday, March 17, 2025, declared the first interim dividend of ₹2.30 per equity share with a face value of ₹1 for the financial year 2024-25. 

The interim dividend will be paid or dispatched within the stipulated timeframe as per the Companies Act, 2013. Shareholders whose names are listed in the Register of Members or appear as beneficial owners in depository records as of the record date, Friday, March 21, 2025, will be eligible to receive the dividend.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company’s total income stood at ₹6,905 crore, up by 20% from ₹5,746 crore in Q3 FY24. Profit for the quarter was ₹1,944 crore, which rose by 30% from ₹1,492 crore in the corresponding period last year.

About NMDC Ltd

NMDC is involved in the exploration and production of iron ore along with diamond, the production and sale of sponge iron and the generation and sale of wind power.

Conclusion 

NMDC’s interim dividend announcement has garnered attention, reflecting the company’s commitment to rewarding its 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.

Nifty Weekly Expiry Today: SAIL, IndusInd Bank, Hindustan Copper under F&O Ban on March 20

The Nifty 50 index witnessed a slight recovery from its intra-day low of 22,807.95 on Wednesday, March 19, 2025. The benchmark index fluctuated between 22,940.70 and 22,807.95 levels during the session. Nifty 50 closed at 22,907.60, up by 0.32%.

Stocks Under F&O Ban on Nifty’s Weekly Expiry Day (Mar 20)

Ahead of the Nifty weekly expiry on Thursday, March 20, 2025, the National Stock Exchange (NSE) has placed one stock under a trading ban in the futures and options (F&O) segment. 

The restriction was imposed after the stock exceeded 95% of the market-wide position limit (MWPL). However, while F&O trading remains restricted, the stock remains available for trading in the cash market.

The stocks under the F&O ban for March 20 include:

  • IndusInd Bank

On March 19, 2025, IndusInd Bank share price gained 1.54%, closing at ₹691.95. According to NSE data, the stock recorded a total traded volume of 111.21 lakh shares, translating to a turnover of ₹770.41 crore.

At the current price, IndusInd Bank shares are trading at a price-to-earnings (P/E) ratio of 7.32x and the market cap stands at ₹53,906.67 crore.

  • Hindustan Copper

On March 19, 2025, Hindustan Copper share price ended 0.43% higher at ₹222.52. According to NSE data, the stock recorded a total traded volume of 56.65 lakh shares, translating to a turnover of ₹127.12 crore.

At the current price, Hindustan Copper shares are trading at a price-to-earnings (P/E) ratio of 53.21x and the market cap stands at ₹21,518.22 crore. 

  • SAIL

On March 19, 2025, SAIL share price ended 3.89% higher at ₹113.15. According to NSE data, the stock recorded a total traded volume of 476.58 lakh shares, translating to a turnover of ₹536.82 crore.

At the current price, SAIL shares are trading at a price-to-earnings (P/E) ratio of 16.98x and the market cap of the company stands at ₹46,736.89 crore.

Why Are Stocks Under F&O Ban?

The National Stock Exchange (NSE) has placed a stock under its futures and options (F&O) ban after its derivative contracts surpassed 95% of the market-wide position limit (MWPL).

According to the exchange, traders are only allowed to reduce existing positions through offsetting trades, while opening new positions remains prohibited. 

Any attempt to increase open positions could result in penal and disciplinary action. Despite the F&O restrictions, the stock remains available for trading in the cash market.

About Nifty Weekly Expiry Day

Nifty weekly futures and options (F&O) contracts expire every Thursday unless it coincides with a trading holiday, in which case the expiry is advanced to the previous trading session. All contracts are settled at the normal market closing time on expiry day or at a later time as determined by the National Stock Exchange (NSE).

For individual securities, if the last Thursday of the expiry period is a holiday, the expiry is moved to the preceding trading session. 

Additionally, in MarketWatch, expiry dates for the final week’s contracts are not displayed separately, as they are classified under monthly contracts. Instead, only the month’s name and the strike price are shown, ensuring consistency in contract classification.

Recent Update in Expiry Days

The National Stock Exchange (NSE) has announced a major revision in the expiry schedule of Nifty index weekly futures and options (F&O) contracts. Starting April 4, 2025, these contracts will expire on Monday instead of Thursday. Additionally, the expiry for Bank Nifty, FinNifty, Nifty Midcap Select, and Nifty Next50 F&O contracts will also shift to the last Monday of the expiry month.

According to NSE, this change will take effect from April 4, 2025, and all existing contracts will be adjusted to reflect the new expiry schedule at the end of trading on April 3, 2025 (EOD).

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 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 March 19, 2025, Garden Reach Shipbuilders & Engineers, Cochin Shipyard & More

On March 19, 2025, BSE Sensex closed at 75,449.05 up by 0.20%, while Nifty50 rose by 0.32% to 22,907.60. Stocks like Garden Reach Shipbuilders & Engineers and Cochin Shipyard hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Upper Circuit on March 19, 2025

Company Symbol LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
GRSE 1,641.35 20.00 20.00 79.64 1,239.00
COCHINSHIP 1,459.80 8.87 10.00 41.33 594.90
SWSOLAR 241.40 6.23 10.00 77.48 187.92
IGIL 328.00 2.79 5.00 27.66 91.63
SAGILITY 42.90 1.42 5.00 168.42 73.94

Stocks That Hit Lower Circuit on March 19, 2025

Company Symbol LTP (₹) % Change Price Band % Volume (Lakhs) Value (₹ Crores)
NIRMAN 184.00 -1.26 5.00 2.70 4.98
ATMASTCO 193.00 -3.19 5.00 1.99 3.84
URAVIDEF 300.00 -17.68 20.00 0.82 2.52
PRAXIS 11.98 -5.07 5.00 20.36 2.47
USHAFIN 57.20 -4.98 5.00 2.45 1.41

Overview of Companies Hit Circuits Today

  • Nirman Agri Genetics

Nirman Agri Genetics saw a drop in its stock price, declining by 1.26% to close at ₹184. The stock opened at ₹177.05 and reached a low of ₹177.05. 

  • Praxis Home Retail

Praxis Home Retail experienced a drop in its stock price, dropping by 5.07% to close at ₹11.98. The stock opened at ₹12.98 and reached a low of ₹11.98.

  • Garden Reach Shipbuilders & Engineers

Garden Reach Shipbuilders & Engineers saw its stock price rise by 20% to close at ₹1,641.35. The stock opened at ₹1,372.00 and rose to ₹1,641.35 at the high of the day.

  • Cochin Shipyard

Cochin Shipyard experienced notable growth in its stock price, rising by 8.87% to close at ₹1,459.80. The stock opened at ₹1,350.00 and touched a high of ₹1,474.95.

  • International Gemmological Institute (India) (IGIL)

IGIL saw an increase in its stock price, rising by 2.79% to close at ₹328.00. The stock opened at ₹325.00 and rose to a day’s high of ₹335.05.

 

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.

8th Pay Commission: Minimum Pension Could Rise by 186%

The 8th Pay Commission is anticipated to introduce significant changes to the pension structure for central government employees in India. A key factor in determining pension revisions is the fitment factor, which standardises salary and pension hikes across various pay levels. In the 7th Pay Commission, a fitment factor of 2.57 was applied. The 6th Pay Commission had proposed a fitment factor of 1.86. Based on this factor, the minimum basic pay was increased from ₹7,000 to ₹18,000 per month, a rise of 2.57 times compared to the 6th Pay Commission.

Expected Minimum Pension in the 8th Pay Commission

The Modi government has approved the 8th Pay Commission, offering much-needed relief to over 1.2 crore central government employees and pensioners. These individuals had been eagerly anticipating a thorough revision of their salaries and pensions.

For the 8th Pay Commission, as per news reports the fitment factor could range between 2.5 and 2.86. Applying a fitment factor of 2.86 would result in a substantial increase in pensions. Specifically, the minimum pension could rise from the current ₹9,000 to ~₹25,740 per month, representing a 186% increase. Check what can be expected from the 8th Pay Commission.

The Unified Pension Scheme (UPS)

A proposed Unified Pension Scheme (UPS) is also under consideration. Under this scheme:

  • Employees with at least 25 years of service may receive a pension equivalent to 50% of their average basic pay in the last 12 months before retirement.
  • The minimum pension under this scheme is expected to be around ₹10,000 for those with at least 10 years of service.
  • The UPS aims to simplify pension calculations and provide more structured benefits to retirees.

Conclusion

While the exact recommendations of the 8th Pay Commission are yet to be announced, the projected increase in the minimum pension has raised optimism among central government retirees. The proposed figures aim to address inflationary pressures and ensure a more secure post-retirement life for government employees. Read How to Calculate 8th Pay Commission Salary?

 

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.

India’s Real Estate Investments Surge 88% YoY in H2 2024

India’s real estate market has emerged as a high-growth destination within the Asia-Pacific (APAC) region, attracting global investors. Driven by strong economic fundamentals, expanding corporate presence, and the surge in e-commerce, the country has seen growth, especially in its office and industrial & logistics segments. 

According to Colliers’ “Asia Pacific Investment Insights H2 2024” report, real estate investments in India surged by 88% year-on-year, reaching USD 3.0 billion in H2 2024. This performance stands out against the broader APAC investment growth of 12%, which totalled USD 155.9 billion for the year.

South Korea, Japan, and Mainland China were the top performers within APAC, contributing 59% of the USD 83.2 billion real estate investments in H2 2024. However, India’s growth trajectory was unparalleled, driven by institutional investments, a thriving office market, and favourable economic conditions. Mumbai alone accounted for nearly half of the country’s investment inflows, showcasing significant investor interest in Grade-A office spaces.

Key Drivers of India’s Real Estate Boom

India’s robust growth in the real estate sector is primarily attributed to a dynamic office market and a rapidly growing industrial and logistics sector. In H2 2024, office assets recorded a staggering 571% increase in investments, reaching USD 1,442 million compared to just USD 215 million in H2 2023. This surge is driven by resilient leasing demand and corporate expansions, reflecting India’s growing importance as a business hub.

The industrial and logistics sector also demonstrated substantial growth, with investments rising by 58% to USD 831 million. As e-commerce continues to thrive, the demand for warehousing and logistics infrastructure has increased, leading to higher investor interest. 

Meanwhile, residential investments climbed by 41% to USD 503 million, and retail investments, previously affected by the pandemic, rebounded with inflows of USD 104 million.

As per the report, foreign investments have played a pivotal role in India’s real estate success, contributing to 57% of the total inflows in H2 2024. While the USA, Canada, and the EU remain significant investors, inflows from other APAC countries are anticipated to rise in 2025, further solidifying India’s position in the global real estate landscape. Domestic investments have also shown strength, growing by 8% year-on-year to reach USD 1.3 billion.

APAC and Global Investment Trends

Beyond India, the broader APAC region has seen significant investment activity, particularly in office and industrial & logistics assets. The region’s e-commerce boom and the need for supply chain optimization have fueled investments in logistics and warehousing. 

The retail and hospitality segments in APAC have also witnessed a resurgence. Retail investments rose by 31% year-on-year, reaching USD 15.0 billion in H2 2024. Countries like Australia and South Korea reported significant inflows, each exceeding USD 3.0 billion, highlighting a renewed focus on consumer-driven real estate segments.

Conclusion

India’s real estate market has demonstrated remarkable resilience and growth, positioning itself as a key player in the APAC investment landscape. As international investors expand their presence in the country, India’s real estate market is likely to remain a central focus for global investment strategies.

 

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.

JSW Steel Share Price Rises 1.57% Amid Proposed 12% Safeguard Duty

JSW Steel has been in focus on Wednesday. On March 19, 2025, JSW Steel share price opened at ₹1,036.00, up from its previous close of ₹1,018.05. At 10:20 AM, the share price of JSW Steel was trading at ₹1,034.00, up by 1.57% on the NSE. 

Safeguard Duty Recommendation

JSW Steel’s stock has been in the spotlight following a significant announcement by the Directorate General of Trade Remedies (DGTR). 

The uptick in JSW Steel’s share price aligns with the broader market reaction to the DGTR’s recommendation for a 12% provisional safeguard duty ad valorem for 200 days on select steel products. 

As per news reports, this recommendation aims to protect domestic steel manufacturers from a surge in imports, which could potentially harm the local industry. 

As a result, shares of major steel companies, including Tata Steel, SAIL, and JSW Steel, rallied, pushing the Nifty Metal Index up by over 1.5% during the market’s opening. As of 10:27 AM, Nifty Metal was up by 1.34%. 

The safeguard duty will cover various alloy and non-alloy steel flat products, such as hot-rolled coils, sheets, and plates, cold-rolled coils and sheets, metallic coated steel coils and sheets (whether profiled or not), and colour-coated coils and sheets. However, the recommendation will only come into effect once approved by the Finance Ministry.

As per news reports, the safeguard duty, if implemented, will provide relief to domestic steel producers by curbing excessive imports, stabilising prices, and supporting profitability. Investors are closely monitoring the Finance Ministry’s decision, as it could have a lasting impact on the Indian steel sector.

Conclusion

If approved by the Finance Ministry, the safeguard duty could provide substantial support to domestic steel producers. Investors are keenly awaiting the final decision.

 

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.

NMDC Share Price in Focus on Mar 19; First Interim Dividend for FY25 Announced

NMDC Ltd has been in focus this week following the announcement of its first interim dividend for the financial year 2024-25. On March 17, 2025, the company declared an interim dividend of ₹2.30 per equity share with a face value of ₹1 each. 

Shareholders whose names appear in the company’s Register of Members or as beneficial owners in depository records on the record date, March 21, 2025, will be eligible for the dividend. The dividend payment will be made within the prescribed timelines as per the Companies Act, 2013.

Following the announcement, NMDC’s stock price showed moderate movement. On March 18, 2025, the stock opened at ₹66.06 and closed at ₹66.77, touching a day’s high of ₹66.90. 

Today, on March 19, 2025, NMDC share price opened at ₹67.64, almost the same as its previous close of ₹66.77. At 9:50 AM, the share price of NMDC was trading at ₹66.86, up by 0.13% on the NSE. The stock price hit its 52-week low recently on January 13, 2025, at ₹59.70. 

Iron Ore Production and Sales for February 2025

NMDC Ltd has reported its provisional production and sales figures for iron ore for February 2025. NMDC’s total iron ore production for February 2025 stood at 4.62 MT, a notable rise from 3.92 MT in February 2024. Sales for the month were recorded at 3.98 MT, almost on par with the 3.99 MT registered in the previous year. 

On a cumulative basis, the company’s total production reached 40.49 MT up to February 2025, compared to 40.24 MT in the corresponding period last year. Cumulative sales reached 40.20 MT, slightly lower than the 40.48 MT achieved up to February 2024. The stable performance reflects NMDC’s resilience in maintaining consistent production and sales volumes amidst market fluctuations.

Conclusion

Overall, NMDC’s interim dividend announcement has garnered attention, reflecting the company’s commitment to rewarding its 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.

Tata Motors to Hike Passenger Vehicle Prices from April 2025

Tata Motors has announced plans to increase the prices of its passenger vehicle range, including electric vehicles (EVs), from April 2025. This marks the company’s second price hike this year, following a similar move in January when prices were raised by up to 3%.

According to Tata Motors, the decision to revise prices is driven by rising input costs, and the extent of the increase will vary based on the specific model and variant. However, the company has not disclosed the exact percentage of the upcoming price hike. 

Currently, Tata Motors offers a diverse lineup of passenger vehicles, including hatchbacks like the Tiago and premium EVs, with prices ranging from ₹5 lakh to ₹25.09 lakh (ex-showroom, Delhi).

Additionally, Tata Motors has already announced a price increase of up to 2% on its commercial vehicle range, effective next month. This reflects the ongoing industry-wide trend of rising costs impacting automotive manufacturers.

Industry-Wide Impact: Price Hikes by Other Automakers

In line with this, Maruti Suzuki India has also confirmed a price hike of up to 4% for its entire model range starting next month. 

Recent Developments

Meanwhile, Tata Motors informed the stock exchanges on Monday that it has established a wholly-owned subsidiary named Tata Motors Digital.AI Labs Limited (TMDALL) to enhance its focus on digital innovation. The new entity has an authorised share capital of ₹1 crore, divided into 10 lakh equity shares of ₹10 each. 

This initiative aims to strengthen Tata Motors’ technological capabilities and explore new avenues in the digital space. 

Conclusion

The upcoming price hike reflects Tata Motors’ need to balance rising input costs while maintaining product quality. 

On March 19, 2025, Tata Motors share price opened at ₹685.40, touching the day’s high at ₹685.75, as of 9:39 AM on the NSE.

 

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.

LTTS Launches AI-Powered TrackEi™ for Real-Time Rail Monitoring

L&T Technology Services Limited (LTTS) has unveiled TrackEi™, an AI-powered railway track inspection solution designed to enhance safety and efficiency in rail networks worldwide. 

Part of LTTS’s expanding mobility portfolio, TrackEi™ leverages the NVIDIA Jetson™ platform for edge AI and robotics, delivering real-time defect detection and predictive maintenance capabilities.

This innovation comes on the heels of LTTS receiving the Etihad Rail Innovation Award for its groundbreaking approach to detecting visible rail defects in real-time. TrackEi™ will also be showcased at the NVIDIA GTC 2025 AI Conference, demonstrating LTTS’s dedication to AI-driven transformation in transportation infrastructure.

Revolutionising Railway Track Inspection

Traditionally, rail inspections have relied on manual processes or slow-moving trolleys, which are not only time-consuming but also less effective at identifying critical flaws. These limitations can lead to potential derailments, posing significant safety risks. Addressing this challenge, TrackEi™ automates high-speed inspections at over 60 miles per hour, utilising high-resolution cameras and laser profiling to detect issues like broken rails, cracks, misalignments, and other structural defects.

Powered by NVIDIA’s accelerated computing and deep learning capabilities, TrackEi™ processes large volumes of high-speed image data, reducing dependency on cloud connectivity. The system employs stroboscopic lights to overcome challenges posed by variable lighting and weather conditions, ensuring consistent and accurate inspections.

Key Product Differentiators

  1. Real-Time Defect Detection: Advanced AI algorithms analyse video feeds and sensor data in milliseconds, enabling instant alerts for anomalies.
  2. Predictive Maintenance: By aggregating inspection data over time, TrackEi™ helps track operators predict maintenance needs, reducing downtime.
  3. Scalable, Edge-Based Architecture: Utilising the NVIDIA Jetson™ platform, TrackEi™ operates at the network edge, minimising latency and bandwidth needs while maximising reliability.
  4. Seamless Integration: The system can be retrofitted onto existing locomotives or inspection vehicles and easily integrated into standard railway management systems.
  5. Enhanced Safety and Sustainability: Early defect detection helps optimise maintenance schedules, resulting in safer journeys, reduced fuel consumption, and lower emissions.

Currently, TrackEi™ is undergoing testing and evaluation at MxV Rail in Pueblo, Colorado, under the supervision of Dr. Anish Poudel, Scientist (Research & Innovation). MxV Rail, a subsidiary of the Association of American Railroads, is playing a pivotal role in refining this innovative solution.

Conclusion

With its AI-powered capabilities, TrackEi™ stands poised to transform railway track inspections, providing enhanced safety, efficiency, and sustainability. 

On March 19, 2025, LTTS share price opened at ₹4,622.55, up from its previous close of ₹4,609.40. At 9:33 AM, the share price of LTTS was trading at ₹4,579.60, down by 0.65% on the NSE.

 

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.

Brigade Group and Gruhas Join Hands for Sustainable Real Estate Innovation

The Earth Fund, India’s first real estate tech and sustainability-focused investment fund, established under Zoiros Projects Private Limited and backed by Brigade Group, has joined forces with Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai. 

The ₹200 crore SEBI-registered Category II Alternative Investment Fund (AIF) also has a green-shoe option of ₹100 crore, aiming to support high-growth startups that address sustainability and innovation challenges in the built environment.

The leadership of The Earth Fund comprises industry veterans, including Nirupa Shankar, Joint Managing Director of Brigade Enterprises Limited; Abhijeet Pai and Nikhil Kamath, Co-Founders of Gruhas; and Mohan Parvatikar, Independent Director of Zoiros Projects Private Limited. The leadership team, supported by a network of seasoned professionals with vast experience in real estate, venture capital, and entrepreneurship, aims to drive impactful investments in the PropTech space.

Investment Strategy and Focus

The Earth Fund plans to invest in Pre-Series A and Series A tech startups operating in the real estate, construction, and sustainability sectors. The fund’s strategy is to invest USD 1-2 million in startups with a strong product-market fit, helping them scale their solutions. The aim is to create a portfolio of 10 to 15 startups, with provisions for follow-on investments.

Key focus areas for The Earth Fund include UrbanTech—covering PropTech, construction tech, real estate solutions, and asset utilisation—and Sustainability—spanning climate tech, clean tech, smart mobility, and energy solutions. The fund is already evaluating multiple startups, with investment announcements expected soon.

Industry Integration and Strategic Support

The company stated that the partnership with Gruhas brings significant investment experience, having invested in over 50 startups across PropTech, climate tech, sustainability, and consumer sectors. 

Additionally, Brigade’s REAP (Real Estate Accelerator Program) has mentored and invested in over 80 companies in the UrbanTech and sustainability value chain over the past eight years. 

With this extensive experience, The Earth Fund will offer strategic support to its investee companies, providing access to industry networks, market expertise, go-to-market acceleration, and growth resources.

Commenting on the initiative, the Joint Managing Director of Brigade Enterprises Limited, Nirupa Shankar, said, “The uniqueness of Earth Fund is its focus on Urbantech and Sustainability solutions for the built world. By leveraging the resources and expertise of Brigade Group and Gruhas, our aim is to identify and support startups that will redefine urban development and drive long-term value. Our goal is to bridge the gap between traditional real estate and cutting-edge technology, fostering an ecosystem for sustainable and efficient urban solutions.”

He further added, “We will draw on our last 8 years of experience in running Asia’s first UrbanTech Accelerator, Brigade REAP, to ensure that investment decisions are backed by extensive industry research and hands-on engagement with our portfolio companies. This will enable Earth Fund’s startups to navigate the complexities of the real estate sector and scale faster than their counterparts. Brigade REAP has shown us the transformative potential of UrbanTech startups, and Earth Fund will further support these innovative ventures.” 

Conclusion

The Earth Fund’s collaboration with Gruhas marks a step toward driving sustainable innovation in real estate.

On March 18, 2025, Brigade Enterprises share price (NSE: BRIGADE) opened at ₹939.55 and closed at ₹939.00, up by 0.25%. The stock price touched its day’s high at ₹953.35. 

 

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.