Bharat Electronics Limited (BEL) Board of Directors has declared and approved an interim dividend of ₹1.50 per equity share of ₹1 each. 

On March 10, 2025, BEL share price opened at ₹278.60, up from its previous close of ₹276.99. At 9:32 AM, the share price of BEL was trading at ₹282.11, up by 1.85% on the NSE.

Bharat Electronics Interim Dividend Record Date

The Board of Directors of the company declared an interim dividend of ₹1.50 per fully paid-up equity share of ₹1 (150%) for the financial year 2024-25. Additionally, the Board has set Tuesday, March 11, 2025, as the Record Date for determining shareholder eligibility for the interim dividend. The dividend is scheduled to be paid within 30 days from the date of declaration.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company reported a total income of ₹5,95,707 lakh, compared to ₹4,32,958 lakh in the same quarter of the previous year. Profit after tax for the quarter was ₹1,31,160 lakh, compared to ₹86,026 lakh in the corresponding period last year.

About Bharat Electronics Ltd

Bharat Electronics Ltd specialises in manufacturing and supplying electronic equipment and systems for the defense sector while also maintaining a limited presence in the civilian market.

 

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.

SpiceJet is facing renewed legal troubles as three Ireland-based aircraft lessors NGF Alpha, NGF Genesis, and NGF Charlie have filed insolvency petitions against the budget airline. 

The petitions, submitted under Section 9 of the Insolvency and Bankruptcy Code (IBC), seek the initiation of insolvency proceedings over outstanding dues amounting to USD 12.68 million (~₹110 crore).

During recent proceedings at the National Company Law Tribunal (NCLT), SpiceJet requested additional time to settle the matter, citing ongoing negotiations. The tribunal has scheduled the next hearing for April 7, 2025.

Allegations of Aircraft Part Misuse

The lessors had previously leased five Boeing 737 aircraft to SpiceJet. In their legal notices, they accused the airline of unauthorized removal and use of aircraft parts, including engines, in other planes. This issue has added to the airline’s legal challenges as it continues to grapple with financial distress.

NCLT Examines Insolvency Plea from Former Pilot

Apart from the lessors, a former SpiceJet pilot has also filed an insolvency plea against the airline. However, the NCLT has questioned whether the pilot’s claims are barred under Section 10A of the IBC. This provision, introduced by the government in 2020, prevents the initiation of insolvency proceedings for defaults that occurred after March 25, 2020, for a period of one year, as a measure to protect businesses from pandemic-related financial distress.

The tribunal has given SpiceJet time to assess the applicability of Section 10A in the pilot’s case, with the next hearing scheduled for April 15, 2025.

Ongoing Legal and Financial Challenges

SpiceJet is already entangled in multiple insolvency cases filed by various creditors, including aircraft lessors Willis Lease, Aircastle Ireland Ltd, Wilmington, and Celestial Aviation. These cases are being heard in both the NCLT and its appellate tribunal, NCLAT.

In an effort to stabilise its finances, SpiceJet raised ₹3,000 crore in September 2024 through a qualified institutional placement (QIP). The funds were intended for settling outstanding liabilities with aircraft lessors, engineering vendors, and financiers. Despite this, the airline continues to face mounting financial and legal pressures.

Conclusion 

With hearings scheduled in April, the outcome of these cases will be critical in determining SpiceJet’s financial future and operational stability.

On March 10, 2025, SpiceJet share price opened at ₹50.48, almost the same as its previous close of ₹50.44. At 9:57 AM, the share price of SpiceJet was trading at ₹49.90, down by 1.07% on the BSE.

 

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.

This week on Dalal Street is packed with shareholder-centric events, including dividends, stock splits, and bonus share issuances. Several major companies, such as BEL, Sun TV Network, G R Infraprojects and more have planned key corporate actions. 

Dividend Announcements

This week, several prominent companies will trade ex-dividend, which means their share prices will adjust to exclude the value of the declared dividend payouts. Here are the details:

Apart from these companies, the Housing & Urban Development Corporation Ltd (HUDCO) has set a board meeting on March 10, 2025, to consider the declaration of a second interim dividend for the financial year 2024-25. The Record Date for determining shareholder eligibility for the second interim dividend has been set for Friday, March 14, 2025, subject to Board approval.

Stock Splits

Stock splits are corporate actions designed to enhance share liquidity by lowering the face value of existing shares. This move typically makes shares more affordable and accessible to a wider investor base. The following companies have scheduled stock splits for this week:

Bonus Issues

A bonus issue is a corporate action where companies distribute additional shares to their existing shareholders at no additional cost. 

SBC Exports Ltd is set to issue bonus shares in a 1:2 ratio, providing one additional share for every two shares held. The record date for this bonus share is March 10, 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.

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

On Monday, March 10, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open lower, following mixed global market performance. Check out a few stocks that might be in focus during the trading session.

• Reliance Infrastructure

Reliance Infrastructure has announced that its Board of Directors has approved a Scheme of Arrangement for the amalgamation of its wholly-owned subsidiary, Reliance Velocity Limited, with the company.

• Tata Power

Tata Power Renewable Energy, a subsidiary of Tata Power, has signed an MoU with the Government of Andhra Pradesh to explore renewable energy development opportunities of up to 7,000 MW (7 GW). The projects, including solar, wind, and hybrid solutions, are expected to attract an estimated investment of ₹49,000 crore.

• IndusInd Bank

According to news reports, Reliance Nippon Life Insurance Ltd, the Indian arm of Nippon Life Insurance, is considering acquiring a 9.9% stake in IndusInd Bank.

• Vodafone Idea

The Income Tax Department has issued a penalty order of ₹10.79 crore against Vodafone Idea for alleged non-compliance with transfer pricing provisions for the assessment year 2020-21. Vodafone Idea plans to appeal against the order.

• Lupin

Lupin has received final approval from the USFDA for its Abbreviated New Drug Application and has launched Rivaroxaban Tablets USP (2.5 mg) in the US. The drug, used to reduce the risk of major cardiovascular events in coronary artery disease patients, had estimated annual sales of $446 million.

• Biocon

Biocon Biologics, a subsidiary of Biocon, has reported successful results from a pivotal Phase 3 study on adult patients with moderate to severe chronic plaque psoriasis (PsO).

• HFCL

HTL Limited, a material subsidiary of HFCL, has secured an order worth ₹44.36 crore from the Indian Army for the supply of Tactical Optical Fiber Cable Assemblies. The order is set to be fulfilled by July 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.

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

Water management is becoming a crucial sector in India. With demand projected to be twice the available supply by 2030, sustainable water management is essential. The government has introduced initiatives like the Jal Shakti Abhiyan and Atal Bhujal Yojana to promote water conservation and efficient usage. This growing focus on water infrastructure, treatment, and conservation has created investment opportunities in water management stocks. In this article, check the best water management stocks in India in March 2025, based on net profit margin and other parameters like 5yr CAGR and debt-to-equity ratio.

Best Water Mangement Stocks in March 2025 – Based on Net Profit Margin

Note: The water management stocks in March 2025 are as of March 5, 2025. The stocks are picked from a market cap of ₹500 crore and sorted based on the net profit margin.

Overview of Water Mangement Stocks in March 2025

1. Denta Water and Infra Solutions Ltd

Denta Water and Infra Solutions Ltd specialises in water management, irrigation, and operations & maintenance (O&M) for water projects. For the quarter ended December 31, 2024, the company reported a total revenue of ₹523.02 million, marking an increase from ₹484.50 million in the previous quarter and ₹459.99 million in the same quarter last year. The company’s profit for the quarter ended December 31, 2024, stood at ₹149.64 million, higher than ₹110.51 million in the previous quarter and ₹66.33 million in the same period last year.

Key Metrics:

• ROCE: 49.53%
• ROE: 44.41%

2. Enviro Infra Engineers Ltd

Enviro Infra Engineers specialises in designing, constructing, operating, and maintaining water and wastewater treatment plants (WWTPs) and water supply projects (WSSPs) for government agencies. In Q3 FY25, the company reported revenue from operations of ₹247.45 crore, reflecting a 65% YoY growth. Its PAT surged 111% to ₹36.72 crore, compared to ₹17.38 crore in Q3 FY24.

Key Metrics:

• ROCE: 42.78%
• ROE: 51.95%

3. Va Tech Wabag Ltd

Va Tech Wabag Ltd operates in the water treatment sector, specialising in the design, supply, installation, construction, and management of drinking water, wastewater treatment, industrial water treatment, and desalination plants. In Q3 FY25, the company reported a consolidated revenue of ₹8,110 million, reflecting a 15.1% year-on-year growth. PAT stood at ₹702 million, marking an 11.6% YoY increase.

Key Metrics:

• ROCE: 16.58%
• ROE: 14.45%

4. Indian Hume Pipe Company Ltd

Indian Hume Pipe Co. Ltd is involved in the manufacturing, laying, and joining of pipelines. The company also executes turnkey infrastructure projects, particularly in combined water supply systems. The company reported a total income of ₹382.77 crores for Q3 FY25, compared to ₹320.23 crores in the same quarter last year. The company recorded a net profit of ₹14.37 crores, slightly varying from ₹15.14 crores, in the corresponding quarter of the previous year.

Key Metrics:

• ROCE: 19.43%
• ROE: 10.18%

Best Water Mangement Stocks in March 2025 – Based on 5yr CAGR

Note: The water management stocks in March 2025 are as of March 5, 2025. The stocks are picked from a market cap of ₹500 crore and sorted based on the 5yr CAGR.

Best Water Mangement Stocks in March 2025 – Based on Debt-to-Equity Ratio

Note: The water management stocks in March 2025 are as of March 5, 2025. The stocks are picked from a market cap of ₹500 crore and sorted based on the low debt-to-equity ratio.

Water and Wastewater Management in India

Water management involves the control, distribution, and utilisation of water from various sources. Effective strategies help maintain freshwater reserves, prevent wastage, and ensure a steady water supply for agriculture, industries, and households. Poor water management can lead to severe economic and social crises, impacting food security, public health, and overall development.

The Ministry of Jal Shakti introduced a water security plan in 2021, emphasising demand-supply balance and conservation techniques. As part of this initiative, the Jal Shakti Abhiyan, catch the Rain campaign, was launched in 2021 to promote rainwater harvesting and pre-monsoon water conservation efforts. Additionally, the Atal Bhujal Yojana, introduced in 2020, focuses on sustainable groundwater management through community participation. Another key initiative, the Sahi Fasal Campaign, led by the National Water Mission, educates farmers on efficient water usage and crop selection to minimise agricultural water wastage.

In India, the Department of Water Resources, River Development, and Ganga Rejuvenation (DoWR, RD & GR) plays a crucial role in formulating policies for water preservation and management. As India faces mounting water challenges, continued efforts in water conservation, wastewater treatment, and efficient resource allocation will be vital for long-term sustainability.

Conclusion

Water management is essential for sustainable development, ensuring efficient usage and conservation. With rising demand and government initiatives, the sector can present significant growth opportunities. However, consider your investment objective and risk appetite before making a 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.

FSN E-Commerce Ventures Ltd (NSE: NYKAA) has been in focus on Friday. On March 7, 2025, Nykaa share price opened at ₹172.00, up from its previous close of ₹168.76. At 10:43 AM, the share price of Nykaa was trading at ₹167.00, down by 1.04% on the NSE.

Recent Developments

As per news reports, Nykaa has announced an increase in its stake in Dot & Key Wellness from 51% to 90% in a ₹265.3-crore cash deal. The acquisition involves purchasing 5,29,286 equity shares from the promoters and existing shareholders of Dot & Key. With this transaction, Dot & Key will continue to operate as a subsidiary of FSN E-Commerce.

Dot & Key, incorporated on March 16, 2020, is engaged in the manufacturing and distribution of pharmaceuticals, Ayurveda, homeopathy, cosmetics, and skincare products.

FSN E-Commerce has also acquired an additional stake in Earth Rhythm for ₹44.5 crore. Earth Rhythm, established on October 13, 2020, is a personal care brand specialising in sustainable and nontoxic beauty products.

Q3 FY 2025 Financial Highlights

Revenue from operations increased by 27% YoY to ₹22,672 million in Q3 FY25, while net profit for the period rose 51% YoY to ₹264 million.

About FSN E-Commerce Ventures Ltd

FSN E-Commerce Ventures Ltd, widely known as “Nykaa,” is a digital-first consumer technology platform offering a content-driven lifestyle retail experience. The company features a diverse range of beauty, personal care, and fashion products, including its own manufactured brands.

 

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.

Castrol India Ltd (NSE: CASTROLIND) has been in focus on Friday. On March 7, 2025, Castrol India share price opened at ₹245.00, almost the same as its previous close of ₹245.88. At 11:17 AM, the share price of Castrol India was trading at ₹244.03, down by 0.75% on the NSE. The stock price touched its 52-week low on January 28, 2025, at ₹162.60.

Saudi Aramco’s Interest in BP’s Lubricant Business?

Yesterday, Castrol India’s share price opened at ₹232.00 and surged to a day’s high of ₹251.95, following the reports that Saudi Aramco is exploring a potential bid for BP Plc’s lubricant business.  

According to a news report, Aramco, the world’s largest energy company, is assessing the possibility of acquiring part or all of BP’s lubricant business, which operates under the Castrol brand. Sources indicate that Aramco may integrate Castrol’s assets with its Valvoline lubricants unit, acquired for $2.65 billion in 2023.  

BP, meanwhile, has begun a strategic review of the Castrol lubricants segment as part of a broader corporate restructuring. Bloomberg previously valued the unit at around $10 billion.  

Aramco is particularly focused on Castrol’s operations in high-growth markets like India. Castrol India Ltd, listed on the BSE and NSE, currently holds a market capitalisation of ₹24,137.55 crore (as of March 7, 2025).  

While discussions remain in the early stages, Aramco has yet to finalise a decision on the structure of a potential bid or whether it will proceed. The Castrol assets have also reportedly garnered interest from other potential bidders.

Conclusion

Investors might closely monitor developments as Saudi Aramco evaluates a potential bid for BP’s Castrol business. The outcome could impact the global lubricants market.

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.

Veranda Learning Solutions has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Madras to provide accessible and high-quality education for skill development. This collaboration aims to help students prepare for competitive exams through structured courses.

Courses on SWAYAM Plus

As part of this initiative, Veranda Learning will introduce a range of courses on the SWAYAM Plus platform, a digital learning initiative by the Ministry of Education, Government of India, in collaboration with IIT Madras. 

The company stated that the first set of courses, designed to enhance students’ skills for competitive exams, will launch soon, with plans to expand into other domains over time.

This partnership focuses on reaching students in Tier-2 and Tier-3 cities, providing them with structured learning resources to improve their academic and professional prospects. 

Management Commentary

Prof. R. Sarathi, Dean of Planning at IIT Madras, stated, “SWAYAM Plus is designed to make quality education accessible to all, and this collaboration with Veranda Learning will enhance the learning experience for thousands of students across domains. Together, we aim to equip learners with the right knowledge and skills to succeed.”

Mr. Rajesh Pankaj, Chief Program Officer of Veranda Learning, added, “At Veranda Learning, we are committed to bridging the education divide by making quality learning accessible to all. Partnering with SWAYAM Plus enables us to extend our expertise to a broader audience, ensuring that aspirants across India receive high-quality courses across domains. Our initial focus will be on competitive exams.”

Conclusion

By joining SWAYAM Plus, Veranda Learning strengthens the platform’s skill-building segment, ensuring effective learning pathways for thousands of students across India. The collaboration marks a significant step toward democratizing education and empowering learners nationwide.

On March 7, 2025, Veranda Learning Solutions share price opened at ₹240.20, touching the day’s high at ₹243.90, as of 10:20 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.

Inox Wind Limited (IWL) informed the exchanges that it has secured a 153 MW order from a leading renewable energy developer, part of a major global clean energy company. 

Order Details

The order includes the supply of IWL’s advanced 3 MW class wind turbines for a project in Tamil Nadu. In addition to turbine supply, IWL will provide limited scope Engineering, Procurement, and Construction (EPC) services and multi-year operations & maintenance (O&M) support after commissioning. 

This deal strengthens IWL’s position in India’s wind energy sector and reinforces its commitment to advancing renewable power generation across the country.

Commenting on this development, the Group CEO of Inox Wind Ltd, Mr Kailash Tarachandani, said, “We are delighted to announce a large 153 MW order from one of the leading renewable energy players in India, adding another strong customer to our well-diversified and large orderbook. As India’s burgeoning commercial & industrial (C&I) market continues to grow at a rapid pace, Inox Wind’s expertise in wind project execution, backed by a robust product and servicing excellence, continues to place it as a partner of choice for large renewable project developers.”

About Inox Wind Limited

Inox Wind Limited, a part of the Inox Group, specialises in manufacturing Wind Turbine Generators (WTGs) and offering comprehensive wind energy solutions. The company serves Independent Power Producers (IPPs), utilities, public sector undertakings (PSUs), corporations, and retail investors. As a fully integrated player in the wind energy sector, Inox Wind provides end-to-end turnkey solutions, ensuring efficient project execution from start to finish.

On March 7, 2025, Inox Wind share price opened at ₹154.50, up from its previous close of ₹153.19. At 10:06 AM, the share price of Inox Wind was trading at ₹163.74, up by 6.89% 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.