Jupiter Wagons informed the exchanges that Jupiter Electric Mobility (JEM), the electric vehicle arm of the Jupiter Group, has taken a major step in supporting India’s Atmanirbhar Bharat vision with the launch of its flagship electric light commercial vehicle (e-LCV), the JEM TEZ.

The company also inaugurated a cutting-edge EV manufacturing plant in Pithampur, Indore, a rapidly emerging hub for the automotive and electric vehicle industry.

Details of JEM TEZ

The newly launched JEM TEZ boasts advanced industry-leading specifications, making it a strong contender in the e-LCV category. It features a 190+ km true range, an 80 kW peak motor power, and a 1.05-ton certified payload capacity. Additionally, the vehicle offers a 23% gradeability, ensuring efficient performance on steep inclines.

A standout feature of JEM TEZ is its fast-charging capability, allowing it to gain over 100 km of range in just one hour on any CCS2 charger, making it an ideal solution for last-mile logistics and urban freight transport. The vehicle is launched at an ex-showroom price of ₹10.35 lakh, making it an attractive option for businesses looking to transition to sustainable transportation.

State-of-the-Art EV Manufacturing Facility

To support the production and expansion of its electric commercial vehicle portfolio, JEM has established a new manufacturing facility in Pithampur, Indore, spanning 2.5 acres. This plant is designed to produce 8,000–10,000 e-LCVs annually, with plans for future expansion to cater to the increasing demand for electric commercial vehicles.

The facility features an in-house skateboard platform to vehicle assembly unit, ensuring efficient and high-quality manufacturing. The plant aligns with the Make in India and Vision@2047 initiatives, contributing to India’s domestic EV production growth and reducing dependency on imports.

Strategic Expansion and EV Ecosystem Development

The company stated that JEM TEZ would be launched in a phased manner across key markets, including Bengaluru, Delhi, Hyderabad, Ahmedabad, Mumbai, Kolkata, and Chennai, where EV adoption is rapidly growing.

To enhance its market presence, JEM is collaborating with Porter, Pulse Energy, Battwheel, Tapfin, and other partners to develop an integrated EV ecosystem. These partnerships focus on charging infrastructure, financing solutions, and after-sales support, ensuring a seamless transition to electric mobility.

Speaking at the inauguration, the Managing Director of Jupiter Group, Mr Vivek Lohia, stated, “The inauguration of our Pithampur facility marks a defining movement for JEM and India’s sustainable mobility future. With advanced manufacturing and cutting-edge technology, we aim to set new EV industry benchmarks while driving economic growth, infrastructure development, and job creation. With an initial annual capacity of 8,000 to 10,000 e-LCVs, JEM has set its sights on ambitious growth, aiming to significantly ramp up production volumes in the future.”

He further added, “We are aiming to achieve a revenue of ₹100 crore in our first year of operations, with a projected year-on-year growth of at least 2X. This growth strategy includes expanding our product portfolio with new variants to meet evolving market demands. We have built an integrated ecosystem that ensures reliability, efficiency, and sustainability for commercial fleet operators. This facility represents our commitment to innovation, community empowerment, and a cleaner, greener future.”

Conclusion

With the launch of JEM TEZ and its advanced manufacturing facility, Jupiter Electric Mobility is setting new benchmarks in the electric commercial vehicle segment. By prioritising technological innovation, operational efficiency, and sustainable solutions, the company is actively contributing to India’s clean mobility transformation.

On March 4, 2025, Jupiter Wagons share price opened at ₹281.00, touching the day’s high at ₹293.45, as of 9:51 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.

UltraTech Cement, the flagship company of the Aditya Birla Group, expects India’s cement demand to exceed 640 million tonnes per annum (MTPA) by FY30.

According to the company’s latest investor presentation, the demand is projected to grow at a CAGR of 7-8% between FY24 and FY30, based on industry estimates and research reports. In FY24, cement demand stood at 424 MTPA, and with the ongoing infrastructure and real estate development, it is expected to rise significantly in the coming years.

UltraTech’s Capacity Expansion Plans

To cater to this rising demand, UltraTech Cement is aggressively expanding its production capacity. The company aims to increase its grey cement production to 209.3 MTPA by FY27 from its current capacity of 182.8 MTPA in FY25, which includes 5.4 MTPA from overseas operations. This expansion is being achieved through acquisitions as well as brownfield and greenfield projects. By FY26 and FY27, the company plans to add an additional 26.5 MTPA.

UltraTech is also strengthening its nationwide presence, expanding to 82 locations across India. It operates 4,432 UltraTech Building Solutions outlets, which act as a one-stop solution for retail customers, helping to increase the company’s share in customer spending to 60%.

Competition with Adani Group and Market Strategy

UltraTech Cement faces stiff competition from Adani Group’s Ambuja Cement, the second-largest player in India’s cement industry. To maintain its leadership, UltraTech is focusing on capacity expansion and acquisitions. This strategic expansion will allow the company to maintain a stronghold in the cement market while enhancing operational efficiency.

Foray into Wires and Cables Segment

In a major diversification move, UltraTech Cement recently announced its entry into the wires and cables business. The company will invest ₹1,800 crore over the next two years to set up a manufacturing facility in Jhagadia, Gujarat, which is expected to be operational by December 2026. The plant will have a production capacity of 35-40 lakh km and manufacture various types of wires and cables, including low-tension, control, instrumentation, flexible, and rubber cables.

The Indian cables and wires segment is expected to grow at a CAGR of 13% over the next five years. UltraTech is targeting an internal rate of return (IRR) of 25% and a Return on Capital Employed (RoCE) of over 20% from this new venture.

Conclusion

With its expansion in cement production and diversification into new sectors, UltraTech Cement continues to solidify its leadership position in the Indian market while strategically broadening its business portfolio.

On March 4, 2025, UltraTech Cement share price opened at ₹10,250.00, up from its previous close of ₹10,340.80. At 9:45 AM, the share price of UltraTech Cement was trading at ₹10,356.50, up by 0.15% 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.

Indian Energy Exchange Limited (IEX) reported its performance in February 2025 with a notable rise in electricity trading volumes and renewable energy certificates (RECs). 

The company stated that the total monthly electricity traded volume reached 9,622 million units (MU), marking a 9% year-on-year (YoY) growth. Additionally, 16.37 lakh RECs were traded, reflecting a 167% YoY increase.

On March 4, 2025, IEX share price opened at ₹154.69, the same as its previous close of ₹154.69. At 10:00 AM, the share price of IEX was trading at ₹154.50, down by 0.12% on the NSE.

Rising Power Demand and Market Trends

Government data released in February 2025 indicates that India’s total energy consumption reached 131.5 billion units (BUs). The average daily energy consumption saw a 7% YoY increase, driven by milder winters and an unusually warm February. This contributed to higher power demand across multiple regions.

Peak power demand touched 238 GW on February 7, 2025, compared to 222 GW on February 23, 2024. Despite the rising demand, electricity prices in the power exchange market declined, thanks to improved supply-side liquidity. The Market Clearing Price (MCP) in the Day-Ahead Market (DAM) stood at ₹4.38 per unit, 11% lower YoY, benefiting distribution companies (Discoms) and commercial & industrial (C&I) consumers.

Electricity Market Performance

The Day-Ahead Market (DAM) traded 5,369 MU in February 2025, reflecting a 14% YoY growth from 4,722 MU in February 2024.

The Real-Time Market (RTM) registered 2,887 MU, increasing 23% YoY from 2,340 MU in the previous year.

The Day-Ahead Contingency & Term-Ahead Market (TAM), which includes contingency, daily, weekly, and monthly contracts up to three months, traded 814 MU, witnessing a 45% YoY decline.

Surge in Renewable Energy Certificate (REC) Market

The REC market recorded significant growth, with 16.37 lakh RECs traded on February 12 and February 27, 2025. The clearing prices stood at ₹350 per REC and ₹349 per REC, respectively. This marked a 167% YoY increase in the REC trading volume.

Green Market Growth

The IEX Green Market, which includes the Green Day-Ahead Market (G-DAM) and Green Term-Ahead Market (G-TAM), saw a total traded volume of 552 MU in February 2025. This represents an 85% YoY increase from 298 MU in February 2024.

Conclusion

With growing energy demand and competitive pricing, IEX continues to play a crucial role in India’s evolving power 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.

Anand Rathi Wealth share price to remain in focus after the company has announced the Record Date for its upcoming bonus equity share issue. The Board of Directors has fixed Wednesday, March 5, 2025, as the Record Date to determine the eligibility of shareholders.

Bonus Share Issue Details 

The company has received in-principle approval from BSE Limited and the National Stock Exchange of India Limited under Regulation 28(1) of SEBI (LODR) Regulations, 2015, for the issuance and proposed allotment of 4,15,10,317 Bonus Equity Shares of ₹5/- each.

The bonus shares will be issued in a 1:1 ratio, meaning shareholders will receive one new equity share for every existing share held. Following shareholder approval via postal ballot on February 16, 2025, the Bonus Allotment Committee has fixed the record date as Wednesday, March 5, 2025, to determine eligible shareholders. The deemed date of allotment has been set for Thursday, March 6, 2025, in line with SEBI’s guidelines.

Additionally, the company will submit the necessary documents to the depository by 12:00 PM on the allotment date to facilitate the credit of bonus shares. It will ensure that these fully paid-up Bonus Equity Shares are available for trading from Friday, March 7, 2025, as per SEBI Circular No. SEBI CIR/CFD/PoD/2024/122, dated September 16, 2024.

Key Details

• Type of Security: Equity Shares
• Record Date: March 5, 2025

This Record Date has been set to identify eligible shareholders for the allotment of the bonus equity shares.

 

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.

The oil and gas sector is one of India’s 8 core industries and significantly impacts decision-making across key economic sectors. India’s oil demand is expected to double, reaching 11 million barrels per day by 2045. Check the best oil and gas stocks in India for March 2025, based on 5-yr CAGR and other parameters like net profit margin and debt-to-equity ratio.

Best Oil and Gas Stocks for March 2025 – Based on 5yr CAGR

Note: The best oil and gas stocks listed here are as of March 3, 2025. The stocks are picked from the Nifty 500 universe and are sorted based on the 5-yr CAGR.

Overview of Best Oil and Gas Stocks in India for March 2025

1. Oil India Ltd

Oil India Ltd is involved in the exploration, development, and production of crude oil and natural gas, along with crude oil transportation and LPG production. The company also offers various E&P-related services for oil blocks. Driven by increased crude oil production, the company’s PAT grew by 28.38%, rising to ₹4,522.71 crore from ₹3,523.02 crore in the same period last year. The EBITDA margin for Q3 FY25 also improved to 42.76% from 41.34% in Q3 FY24.

Key Metrics:

• ROCE: 12.61%
• ROE: 13.41%

2. Chennai Petroleum Corporation Ltd

Chennai Petroleum Corporation Limited engages in refining crude oil to produce and supply various petroleum products, along with the manufacture and sale of lubricating oil additives. In Q3 FY25, the company’s total income stood at ₹15,687.64 crore, down from ₹20,456.42 crore in the same period last year. Profit for the quarter declined to ₹20.78 crore, compared to ₹365.28 crore in Q3 FY24.

Key Metrics:

• ROCE: 35.54%
• ROE: 33.69%

3. Aegis Logistics Ltd

Aegis Logistics, formerly known as Aegis Chemical Industries Ltd, was incorporated in 1956 and provides logistics solutions for the oil, gas, chemical, and petrochemical industries. In Q3 FY25, the company’s revenue stood at ₹1,707 crore, reflecting a 9% decline compared to ₹1,873 crore in Q3 FY24. Despite the drop in revenue, the company reported a 5% year-on-year growth in Profit After Tax (PAT), which increased to ₹160 crore from ₹152 crore in the same period last year.

Key Metrics:

• ROCE: 14.19%
• ROE: 13.38%

4. Great Eastern Shipping Company Ltd

Great Eastern Shipping Company Ltd, along with its subsidiaries, is a prominent player in the Indian shipping and oil drilling services industry. They reported a financial performance in Q3 FY25, with revenue rising to ₹1,501 crore from ₹1,396 crore in Q3 FY24. The company also recorded a rise in net profit, reporting ₹569 crore in Q3 FY25, up from ₹552 crore in Q3 FY24.

Key Metrics:

• ROCE: 23.06%
• ROE: 19.34%

5. Mangalore Refinery and Petrochemicals Ltd

Mangalore Refinery & Petrochemicals Limited (MRPL) was initially established as a joint venture between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It now operates as a subsidiary of Oil & Natural Gas Corporation (ONGC). The company is primarily involved in refining crude oil, petrochemicals, trading aviation fuels, and distributing petroleum products through retail outlets and transport terminals.

For Q3 FY25, MRPL reported revenue from operations of ₹25,601 crore, compared to ₹28,364 crore in Q3 FY24. The company’s PAT stood at ₹304 crore for the quarter, down from ₹387 crore in the same period last year.

Key Metrics:

• ROCE: 28.80%
• ROE: 31.08%

Best Oil and Gas Stocks for March 2025 – Based on Net Profit Margin

Note: The best oil and gas stocks listed here are as of March 3, 2025. The stocks are picked from the Nifty 500 universe and are sorted based on the net profit margin.

Best Oil and Gas Stocks for March 2025 – Based on Debt-to-Equity Ratio

Note: The best oil and gas stocks listed here are as of March 3, 2025. The stocks are picked from the Nifty 500 universe and are sorted based on the debt-to-equity ratio.

Oil and Gas Sector Growth in India

The oil and gas sector is one of India’s eight core industries and plays a crucial role in shaping decision-making across various key economic segments.

With India’s economic growth closely linked to its energy demand, the need for oil and gas is expected to rise, making the sector an attractive investment opportunity. As of 2023, India remained the third-largest consumer of oil globally, with crude oil production reaching 13.26 million metric tonnes (MMT) between April and September 2024.

According to the International Energy Agency (IEA) India Energy Outlook 2021, India’s primary energy demand is projected to nearly double to 1,123 million tonnes of oil equivalent by 2040, driven by an expected GDP growth to US$ 8.6 trillion.

India’s refining capacity has grown from 215.1 million metric tonnes per annum (MMTPA) to 256.8 MMTPA over the past decade. This capacity is further projected to reach 309.5 MMTPA by 2028, highlighting the sector’s rapid expansion.

Conclusion

Apart from these, there can be several other oil and gas stocks in India for March 2025. Conducting a thorough analysis of each company’s financial performance, market position, and future growth potential can help in making informed 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.

Adani Green Energy Limited (AGEL) has reached a significant milestone in its capital management journey by successfully refinancing its maiden construction facility. The facility, originally taken in 2021 for $1.06 billion, was utilised to develop India’s largest solar-wind hybrid renewable energy cluster in Rajasthan.

Long-Term Refinancing for Financial Stability

AGEL has secured long-term financing with a door-to-door tenor of 19 years, featuring a fully amortised debt structure that aligns with the asset’s lifecycle. This refinancing marks the completion of the company’s capital management program for the underlying asset portfolio. By securing long-duration facilities that match the cash flow lifecycle, AGEL ensures financial sustainability and operational efficiency.

The successful refinancing effort provides AGEL with deep access to diverse pools of capital while securing large-scale funding for extended durations. This approach strengthens financial stability and allows AGEL to continue its growth trajectory in the renewable energy sector. By aligning capital management with long-term asset performance, the company enhances its ability to create sustainable value for stakeholders.

Strong Credit Ratings Affirm Stability

The refinancing facility has been assigned an AA+/Stable rating by three leading domestic credit rating agencies, ICRA, India Ratings, and CareEdge Ratings. This strong rating underscores AGEL’s financial health and its ability to maintain a stable and sustainable debt structure.

Conclusion

With this refinancing, AGEL reinforces its leadership in the renewable energy sector while ensuring long-term financial security.

On March 3, 2025, Adani Green share price opened at ₹775.00, up from its previous close of ₹774.40. At 11:51 AM, the share price of Adani Green was trading at ₹783.50, up by 1.18% 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.

MOIL Limited announced its February 2025 production details. The company has reported its best-ever February performance in 2025, continuing its strong growth trajectory. The company achieved significant milestones in both production and exploratory activities, reinforcing its leadership in the manganese ore sector.

On March 3, 2025, MOIL share price opened at ₹299.00, up from its previous close of ₹290.25. At 11:39 AM, the share price of MOIL was trading at ₹286.35, down by 1.34% on the NSE.

Highest-Ever February Production and Exploration

In February 2025, MOIL recorded its highest-ever manganese (Mn) ore production, reaching 1.53 lakh tonnes. Additionally, the company achieved 11,455 meters of exploratory core drilling, representing an impressive 43% growth over the corresponding period last year (CPLY). This significant progress highlights MOIL’s commitment to increasing resource exploration and production efficiency.

Growth in the April-February 2025 Period

MOIL also reported growth over the April- February 2025 period. The company achieved sales of 14.32 lakh tonnes, reflecting a 3% increase over CPLY. Furthermore, exploratory core drilling reached 94,894 meters, which is 20% higher than the previous year. These achievements demonstrate MOIL’s continued efforts to expand its operations and strengthen its market presence.

CMD’s Appreciation and Future Growth Prospects

Shri Ajit Kumar Saxena, CMD of MOIL, commended the efforts of the entire team, attributing the company’s success to their dedication and hard work. He expressed confidence that MOIL will continue on a high-growth trajectory in the coming years, further strengthening its position in the industry.

Conclusion 

MOIL’s record-breaking performance in February 2025 reflects its commitment to growth and efficiency. The company remains poised for continued expansion ahead.

 

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.

Indian Renewable Energy Development Agency Ltd (IREDA) has been in focus on Monday. On March 3, 2025, IREDA share price opened at ₹156.65, almost the same as its previous close of ₹156.02. At 11:17 AM, the share price of IREDA was trading at ₹144.43, down by 7.43% on the NSE.

IREDA Begins Trading in F&O Segment

IREDA has now entered the Futures & Options (F&O) segment, marking a significant development for traders and investors.

Recent Developments

Following its recent elevation to Navratna status, IREDA has made amendments to its Articles of Association, which could enhance its operational autonomy and decision-making capabilities.

Before that, IREDA had informed that the International Financial Services Centre Authority (IFSCA), via a letter dated September 4, 2024, had granted provisional registration to its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, as a finance company at GIFT City, Gujarat. The company received the Certificate of Registration from IFSCA on February 18, 2025, allowing it to undertake activities as a finance company.

Q3 FY25 Performance

For Q3 FY25, IREDA reported a 27% YoY rise in net profit to Rs 425 crore, supported by a 36% surge in revenue to Rs 1,698 crore. The company also improved its cost of borrowing, which declined to 7.68%, while its net interest margin expanded to 3.33%.

Conclusion

IREDA’s entry into the F&O segment marks a significant milestone, reflecting growing investor interest in the stock.

 

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.

Polycab India Ltd has been in focus on Monday. On March 3, 2025, Polycab share price opened at ₹4,830.75, up from its previous close of ₹4,713.40. At 10:36 AM, the share price of Polycab was trading at ₹4,776.30, up by 1.33% on the NSE.

Polycab India has been gaining attention for a few days now, since UltraTech Cement, a part of the Aditya Birla Group, announced its entry into the Cables and Wires (C&W) sector.

UltraTech Cement’s Plan

UltraTech Cement, a key player in India’s cement industry and part of the Aditya Birla Group, recently announced its entry into the Cables & Wires (C&W) sector. The company aims to establish itself as a holistic ‘Building Solutions’ provider. This move has drawn attention to existing market leaders like Polycab India and KEI Industries.

Shares of UltraTech Cement surged by up to 2.07% on March 3, 2025, following its detailed investor presentation on Friday. The company revealed that they are planning to launch in December 2026. The internal rate of return (IRR) is nearly 25%, and the Return on Capital Employed (RoCE) is over 20%.

UltraTech Cement’s cables and wires (C&W) segment will be based in Jhagadia, Gujarat, with a production capacity ranging between 35 to 40 lakh km. The key product categories include wires and various types of cables such as low tension, control, instrumentation, flexible, and rubber cables. The company aims for a pan-India distribution reach and plans to leverage its existing UBS network to enhance market penetration and efficiency.

UltraTech Cement emphasised that this expansion is a one-time strategic move aimed at enhancing customer engagement rather than broad diversification. The company also reassured investors that pricing pressures in the sector are unlikely to be significantly affected.

Conclusion

With UltraTech’s entry into C&W, market participants are closely monitoring how this will impact the competitive landscape, particularly for leading players like Polycab India and KEI Industries.

On March 3, 2025, UltraTech Cement share price opened at ₹10,319.25, up from its previous close of ₹10,128.45. At 10:27 AM, the share price of UltraTech Cement was trading at ₹10,337.80, up by 2.07% 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.