Sun Pharmaceutical Industries Limited has been gaining attention on Wednesday. On February 19, 2025, Sun Pharma share price opened at ₹1,665.10, down from its previous close of ₹1,701.60. At 11:35 AM, the share price of Sun Pharma was trading at ₹1,695.75, down by 0.34% on the NSE. The stock price touched its day’s low so far at ₹1,647.10.

Sun Pharma Recognised in S&P Global Sustainability Yearbook 2025

Recently, on February 17, 2025, Sun Pharmaceutical Industries Limited announced its inclusion in the S&P Global Sustainability Yearbook 2025, ranking among the top 5% of pharmaceutical companies globally. This recognition highlights Sun Pharma’s strong Environmental, Social, and Governance (ESG) practices and sustainability-focused initiatives.

The S&P Global Corporate Sustainability Assessment (CSA) 2024 evaluated 7,690 companies worldwide, with only 780 companies qualifying for the yearbook. Sun Pharma’s inclusion underscores its commitment to corporate responsibility, sustainable operations, and ethical governance.

This achievement reflects Sun Pharma’s ongoing efforts to integrate sustainability into its business practices, reinforcing its position as a responsible global pharmaceutical leader. The company continues to implement initiatives that drive environmental stewardship, social well-being, and governance excellence, ensuring long-term value for stakeholders.

Commenting on this development, the Chairman and Managing Director of the company, Dilip Shanghvi, said, “We continue to focus on delivering sustainable outcomes for all our stakeholders. Sustainability is an integral part of our way of doing business and we remain steadfast in our commitment to align our strategy with universal ESG principles and to undertake the requisite steps for further advancing societal goals.”

Conclusion

Sun Pharma’s inclusion in the S&P Global Sustainability Yearbook 2025 highlights its strong ESG commitment.

 

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.

Piramal Pharma Limited has been in focus on Wednesday following updates on a recent US FDA inspection. On February 19, 2025, Piramal Pharma share price opened at ₹190.00, down from its previous close of ₹197.66. However, at 11:10 AM, the share price of Piramal Pharma was trading at ₹202.17, up by 2.28% on the NSE. The stock price touched its day’s high so far at ₹203.79.

US FDA Inspection at Turbhe Facility

Piramal Pharma informed the stock exchanges that the US Food and Drug Administration (FDA) conducted a General Good Manufacturing Practice (GMP) inspection at its Turbhe facility from February 11 to February 17, 2025. At the end of the inspection, the FDA issued a Form-483 with six observations. The company clarified that these observations were related to procedural improvements and not data integrity issues.

Piramal Pharma is preparing a detailed response to the observations and is confident of resolving them within the stipulated timeline. The company reiterated its commitment to maintaining high compliance standards.

9M FY 2025 Financial Highlights

For 9M FY 2025, Piramal Pharma reported a 14% YoY growth in revenue from operations, primarily driven by strong performance in the CDMO business. EBITDA grew by 20% YoY, supported by operating leverage, cost optimisation initiatives, and a superior revenue mix. The company maintained a stable net-debt to EBITDA ratio of 2.8x while upholding its best-in-class quality track record, with no pending observations at any US FDA-inspected sites.

In a significant sustainability move, Piramal Pharma converted the coal-fired steam boiler at its Digwal facility to operate on biomass briquettes, a carbon-neutral fuel source, reducing ~24,000 tCO2e GHG emissions annually, about 17% of its total emissions.

 

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.

Hexaware Technologies IPO opened for subscription on February 12, 2025, and closed on February 14, 2025.

It was a book-built issue of ₹8,750.00 crore. The issue was entirely an offer for sale of 12.36 crore shares. The Hexaware Technologies IPO price band was set at ₹708 per share.

On Day 3, February 14, 2025, as of 5:24 PM, the Hexaware Technologies IPO subscribed 2.79 times. The public issue was subscribed 0.11 times in the retail category, 9.55 times in the Qualified Institutional Buyers (QIB) category, and 0.21 times in the Non-Institutional Investors (NII) category.

The share allotment was finalised on Monday, February 17, 2025, and the shares were listed on BSE and NSE on February 19, 2025.

Hexaware Technologies Share Price

On the listing day, on the NSE, Hexaware Technologies share price (NSE: HEXT) opened at ₹745.50, up from its issue price of ₹708.00. At 10:23 AM, the share price was trading at ₹774.70, up by 3.92% from its opening price of ₹745.50. As of the same time, the stock touched its day’s high at ₹776.70. The company’s market cap was ₹47,078.11 crore.

On the BSE, at 10:27 AM, Hexaware share price was trading at ₹757.30, up by 3.60% from its opening price of ₹731.00 and 6.96% up from its issue price of ₹708.00.

About Hexaware Technologies Limited

Hexaware Technologies is a global provider of digital and technology services, with artificial intelligence (AI) at the core of its operations. By leveraging technology, it delivers innovative solutions that support customers in their digital transformation journey and ongoing operations. AI is integrated into every aspect of its solutions, with a suite of platforms and tools designed to help businesses adapt, innovate, and optimise in the AI-driven era.

Its business is structured into six operating segments based on the industries it serves: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The company’s offerings span five key service areas: Design & Build, Secure & Run, Data & AI, Optimise, and Cloud Services.

 

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 Railway Catering and Tourism Corporation Ltd (IRCTC) Board of Directors has declared and approved a 2nd interim dividend of ₹3 per equity share of face value of ₹2 each.

On February 18, 2025, IRCTC share price opened at ₹725.00 and closed at ₹719.20. The stock price touched its day’s low at ₹709.30.

IRCTC Interim Dividend Record Date

The company The company has declared a 2nd interim dividend of ₹3 per equity share with a face value of ₹2 each, amounting to 150% for the financial year 2024-25. The record date for the payment of the 2nd interim dividend has been set as Thursday, February 20, 2025.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company’s total income stood at ₹1,28,120.20 lakh, reflecting an increase from ₹1,12,396.23 lakh in the previous quarter and ₹1,16,104.48 lakh in the same quarter last year.

The profit after tax (PAT) from continuing operations for the quarter was ₹34,108.94 lakh, up from ₹30,786.53 lakh in the previous quarter and ₹29,999.79 lakh in the corresponding period last year.

For the nine months ended December 31, 2024, total income reached ₹3,57,417.12 lakh, compared to ₹3,24,033.93 lakh in the same period last year, while PAT stood at ₹95,667.33 lakh, rising from ₹82,689.25 lakh in the previous year.

About IRCTC

Established in 1999, IRCTC is a Mini Ratna (Category 1) Central Public Sector Enterprise and the sole entity authorised by the Indian government to offer online railway ticketing, catering services, and packaged drinking water at railway stations and onboard trains across 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.

On February 18, 2025, BSE Sensex closed at 75,967.39 down by 0.04%, while Nifty50 dropped by 0.06% to 22,945.30. Stocks like Zen Technologies and PTC Industries hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Lower Circuit on February 18, 2025

Stocks That Hit Upper Circuit on February 18, 2025

Overview of Companies Hit Circuits Today

• Borosil Renewables

Borosil Renewables saw a significant rise in its stock price, rising by 4.99% to close at ₹500.40. The stock opened at ₹490.90 and reached a high of ₹500.40.

• AXISCADES Technologies

AXISCADES Technologies experienced a notable growth in its stock price, rising by 4.20% to close at ₹714.00. The stock opened at ₹719.45 and touched a high of ₹719.45.

• Zen Technologies

Zen Technologies saw its stock price drop by 10% to close at ₹972.00. The stock opened at ₹1,059.90 and dropped to ₹972.00 at the low of the day.

• PTC Industries

PTC Industries experienced a drop in its stock price, dropping by 10% to close at ₹10,734.65. The stock opened at ₹11,949.95 and reached a low of ₹10,734.65.

• Zaggle Prepaid Ocean Services

Zaggle Prepaid Ocean Services saw a decrease in its stock price, dropping by 5% to close at ₹327.90. The stock opened at ₹346.00 and dropped to a low of ₹327.90.

 

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.

Tech Mahindra Limited has announced the approval of a merger between its two wholly-owned subsidiaries, Tech Mahindra Cerium Systems Inc. (TMCS) and Tech Mahindra (Americas) Inc. (TMA).

Details of the Merger

The Board of Directors of both companies approved the Plan of Merger on February 17, 2025. The merger is subject to regulatory approvals in the country of incorporation, with the appointed merger date set for February 20, 2025. This strategic move is expected to streamline operations and enhance efficiency within the organisation.

Tech Mahindra Cerium Systems Inc. (TMCS) was incorporated in the USA in 2014 and is engaged in providing design services in the semiconductor industry, along with embedded software services. However, TMCS is currently a non-operating entity. For the financial year ending March 31, 2024, it reported a turnover of USD 2.7 million.

Meanwhile, Tech Mahindra (Americas) Inc. (TMA) was established in 1993 and offers IT consulting, programming support, and IT management services to various industries, including healthcare. TMA recorded a significantly higher turnover of USD 1,153.28 million for the same financial year.

Objective of the Merger

The primary objective of this merger is to consolidate entities within Tech Mahindra’s corporate structure, leading to reduced operational costs and minimised compliance risks. By merging TMCS into TMA, the company aims to optimise efficiency while eliminating the administrative overhead associated with maintaining multiple subsidiaries. This strategic restructuring will enhance Tech Mahindra’s ability to focus on core business areas and drive sustainable growth.

Since both TMCS and TMA are wholly-owned subsidiaries, the merger will not involve any cash transactions or the issuance of new shares. Instead, the investment of Tech Mahindra in TMCS will be cancelled upon the completion of the merger. This transaction falls under Regulation 23(5)(c) of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, making it exempt from certain regulatory approvals.

On February 18, 2025, Tech Mahindra share price (NSE: TECHM) opened at ₹1,668.00, touching the day’s high at ₹1,693.00, as of 11:17 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.

Zaggle Prepaid Ocean Services Limited has announced a strategic partnership agreement with Redington Limited (Redington) to co-create an employee benefits solution. The partnership aims to offer innovative benefits to Zaggle’s corporate clients, leveraging Google’s involvement via Redington. This collaboration signifies an important step in expanding Zaggle’s corporate offerings.

On February 18, 2025, Zaggle share price opened at ₹346.00, up from its previous close of ₹345.15. At 10:19 AM, the share price of Zaggle Prepaid Ocean Services was trading at ₹333.40, down by 3.40% on the NSE.

Details of the Agreement

The agreement, which is a domestic collaboration, is set for a duration of five years. As part of the deal, Google, through Redington, will partner with Zaggle to co-develop a customised employee benefits solution. This solution will be made available to Zaggle’s extensive corporate client base.

In the last week, February 15, 2025, Zaggle Prepaid Ocean Services announced that it has entered into agreements with both Forbes Marshal Pvt Ltd and Khrone Marshal Pvt Ltd. Under these agreements, Zaggle will provide the Zaggle Propel reward platform to both companies.

Q3 FY 2025 Financial Highlights

In Q3 FY25, the company reported an increase in its revenue from operations, reaching ₹3,364.4 million, which reflects a growth of 68.6% compared to Q3 FY24. On a quarter-on-quarter basis, the revenue rose by 11.2% from ₹3,025.6 million in Q2 FY25.

Profit After Tax (PAT) for Q3 FY25 stood at ₹202.4 million, marking a 32.9% year-on-year increase from ₹152.2 million in Q3 FY24. When compared to the previous quarter, PAT grew by 9.0% from ₹185.6 million in Q2 FY25.

For the nine months ending FY25, revenue from operations was ₹8,912.0 million, up by 77.4% from ₹5,022.3 million in the same period last year. PAT for the nine months was ₹555.2 million, which shows a growth of 123.3% compared to ₹248.6 million in 9M FY24.

 

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.