Mazagon Dock Declared Set April 16 as Record Date for 2nd Interim Dividend

The state-owned shipbuilding company Mazagon Dock Shipbuilders Limited (MDL) has set April 16, 2025, as the record date for its 2nd interim dividend for FY25. On April 08, 2025, Mazagon Dock declared an interim dividend of ₹3 per share, which will be paid on May 07, 2025.

Mazagon Dock Interim Dividend Record Date: What Does This Mean For Shareholders?

As Mazagon Dock has set April 16 as the record date for its interim dividend, meaning that April 15, marks the last day to buy Mazgon Dock shares to become eligible for the interim dividend. Further, any shares bought on or after April 16 (record date), won’t be eligible for the interim dividend.

MDL Business Performance

On March 20, 2025, MDL signed a Memorandum of Understanding (MoU) with the State Disaster Management Authority of Goa for the development of an “AI-based Wireless Disaster Detection, Rescue, and Communication System.” This initiative aims to strengthen disaster response and public safety across the state.

In a separate development, the Ministry of Defence signed a ₹1,990 crore contract with MDL for the construction of an Air Independent Propulsion (AIP) Plug, part of the DRDO-AIP system, and its integration into conventional submarines to boost their underwater endurance. The agreement was formalized in New Delhi on December 30, 2024, in the presence of Defence Secretary Shri Rajesh Kumar Singh. MDL takes pride in contributing to this strategic initiative and playing a key role in advancing the #AtmanirbharBharat mission.

Also Read: Mazagon Dock FY25 Revenue Crosses ₹10,000 Crore, Declares 2nd Interim Dividend 

 

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

PM Internship Scheme Last Date to Apply on April 15, 2025: Check Process to Register

If you are a young professional and recently graduated, then you have an exciting opportunity to do an internship in one of the top 500 companies. You can do this with the Central Government-backed PM Internship scheme, which was announced in the Union Budget 2024-25 to provide one crore youth with internship opportunities.

PM Internship Scheme Last Date

PM Internship Scheme is a remarkable initiative launched by the Indian government, designed to provide valuable internship opportunities for the youth of India. The program, part of the larger vision for skill development and employment, aims to bridge the gap between academic learning and real-world experience by offering internships.

Recently, the government has extended the last date for the PM Internship scheme to April 15, 2025, from March 31, 2025.

How to Register for PM Internship Scheme?

To register for the PM Internship Scheme, follow these steps:

  1. Visit the official PM Internship Scheme website.
  2. Click on the ‘Youth Registration’ button.
  3. In the pop-up window, enter your mobile number, check the confirmation box, and click ‘Submit’.
  4. You will receive a One-Time Password (OTP) on your registered mobile number. Enter the OTP and click ‘Submit’.
  5. Create a new password, confirm it by re-entering, and click ‘Submit’.
  6. After successfully setting your password, your registration is complete. You can now log in and access your personal dashboard to apply for internships.

How to Apply for PM Internship Scheme?

  1. Once registered, follow the steps below to apply for internships:
  2. Go to the PM Internship Scheme website, click ‘Login’, and sign in using your registered credentials.
  3. After logging in, click on the ‘My Current Status’ tab and complete your profile by providing required information
  4. Next, navigate to the ‘Internship Opportunity’ tab to view all available internship listings. You can apply for up to three internships.
  5. To explore an opportunity in detail, click the ‘View’ button next to any internship listing.
  6. If you wish to apply, click the ‘Apply’ button.
  7. A confirmation pop-up will appear asking if you’re sure—click ‘OK’ to proceed.
  8. Another pop-up will appear with three questions. Fill in your answers and click ‘Apply’.
  9. A final declaration and consent pop-up will be shown. Tick all the required checkboxes and click ‘Submit’. (All checkboxes must be ticked to complete your application.)

Conclusion

The PM Internship Scheme offers a valuable opportunity for young individuals to gain hands-on experience and enhance their professional skills. By following the simple registration and application process outlined above, eligible candidates can explore diverse internship opportunities across sectors.

 

 

 

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.

What is the Net Worth of Adani Power?

Adani Power Ltd. (APL), a key entity within the diversified Adani Group, stands as India’s largest private-sector thermal power producer. Together with its subsidiaries, the company markets electricity generated from its projects through a mix of long-term Power Purchase Agreements (PPAs), short-term contracts, and merchant power sales.

Adani Business Overview

Adani Power forms an integral part of the Adani Group’s expansive infrastructure and energy platform, which spans conventional and renewable power generation, electricity transmission and distribution, and energy exports. The company primarily supplies electricity under long-term PPAs to state utilities and large industrial consumers, while also participating in short-term and merchant power markets. Its in-house coal logistics operations further support efficiency in fuel sourcing and delivery.

Energy Operations

APL relies on coal-based thermal power generation to meet both base load and peak demand requirements. A significant portion of its installed capacity—over 74%—is built using advanced supercritical and ultra-supercritical technologies, which enhance fuel efficiency and reduce emissions.

Power Generation Capacity Snapshot

  • Installed (Operational) Capacity: 17,550 MW
  • Projects Under Development: 4,520 MW
  • Future Expansion Plans: 8,600 MW
  • Total Targeted Capacity by 2032:30,670 MW

Networth of Adani Power: A Check on Fundamentals

Adani Power enjoys a Net worth of ₹43,145.03 crore as of March 31, 2024. Net worth is calculated by subtracting total liabilities from total assets. For the year ended March 31, 2024, the company reported a total asset of ₹92,324.77 crore and total liabilities of ₹49,179.74 crore.

For 9MFY25, the company reported a 6% increase in revenue, reaching ₹72,763 crore, reflecting steady business momentum. EBITDA rose by 29% to ₹12,377 crore, primarily driven by robust operational performance across the ANIL Ecosystem and Airports segment. Additionally, Profit Before Tax (PBT) grew by 21%, amounting to ₹5,220 crore, showcasing overall financial strength and operational efficiency.

AEL’s financial performance underscores the strength and stability of its incubating businesses, which have consistently delivered solid operational and financial results across successive quarters. The impressive growth in its emerging core infrastructure segments—particularly Adani New Industries (focused on the Green Hydrogen ecosystem) and Adani Airports—highlights the vast potential and scale of opportunities within these dynamic sectors.

 

 

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

Is Gold a Safer Asset for 2025? A Look at Why Gold Continues to Break Records

Since the beginning of 2025, the equity market continued its volatility, but gold prices have travelled an embarkable journey in 2025. As they say, Gold doesn’t create wealth—Gold is wealth. This saying has proved true in 2025, where gold made an all-time high on 20 occasions with some brief corrections, which have been small and short-lived. Gold prices saw a nearly 28% rise in 2024, despite the dollar index climbing and strong performance in equity markets.

Gold Reached All-Time High

Gold price commenced 2025 at $2,650 an ounce, and it is currently trading at an all-time high above $3,200 an ounce. Gold prices have witnessed heightened volatility during the year, especially since the introduction of reciprocal tariffs. In addition, Global banks have repeatedly revised their outlook on gold price on a higher side for 2025 as well as for the next 4–5 years.

In 2025, March saw a 10% increase, and April has already delivered a 6% gain. US President Trump has declared a 90-day pause on reciprocal tariffs while significantly increasing duties on Chinese imports to an eye-popping 125%. This bold move has fueled concerns of an all-out trade war, with far-reaching consequences, as the world’s 2 largest economies intensify their economic conflict.

Why Gold is Likely to Rise in the Remaining 2025?

Here are key reasons why you should consider gold as an investment for 2025 and the years ahead:

  • Trade Tariffs: Due to the ongoing tariffs imposed by US President Donald Trump, global markets are facing significant uncertainty. Over the next 90 days and beyond, any developments are likely to keep gold as an attractive safe-haven asset. In addition, US-China retaliations are increasing demand for gold in the short term.
  • Central Bank Buying: For over the decades, Central banks have been steady buyers of gold accumulating over 1,000 tonnes annually in the last 3 years alone. China reported strong gold purchases for the 5th month in a row in March 2025.
  • Stagflation Concerns: Recent US Federal Reserve policy minutes highlight concerns that the US economy could face stagflation—rising inflation coupled with stagnant growth. Gold tends to perform well in such economic conditions.
  • China ETF Inflows: Chinese gold ETFs saw unprecedented inflows of $1 billion, with buying continuing into 2025. Since 2024, global ETF inflows have been on the rise and are expected to remain robust.
  • US Fed Rate Cut Expectations: The US Federal Reserve is anticipated to lower interest rates two more times in 2025, further bolstering the positive outlook for gold.
  • Stable Performance: Between 2000 and 2025, gold has experienced only two years of significant negative returns, highlighting its consistent track record.
  • Geopolitical Uncertainty: Ongoing geopolitical risks—such as the Russia-Ukraine conflict, the breakdown of the Israel-Hamas ceasefire, and rising global political instability—are driving heightened demand for gold.
  • Currency Movements: The dollar index has dropped to three-year lows, suffering substantial losses against the CHF, JPY, and Euro, making gold more affordable in those currencies.
  • Rising Debt Levels: The US national debt reached a historic $36 trillion in November 2024, raising concerns about debt management. This, along with increasing global debt, makes gold a reliable hedge during periods of economic uncertainty.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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

Stocks That Hit Circuit Limits On April 11, 2025, Gensol, Wockhardt Pharma and More

On April 11, 2025, BSE Sensex closed 1.77% higher at 75,157.26, while Nifty50 ended up 1.92% at 22,828.55. Amidst the rising market, stocks like G Gensol, Wockhardt Pharma, Trident Tech Labs and more hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Lower Circuit on April 11, 2025

Symbol LTP %chng Price Band % Volume(Lakhs) Value(₹ Crores)
COOLCAPS 739.95 -3.26 5 0.68 5.09
TECHLABS 500 -1.78 5 0.96 4.68
GENSOL 132.66 -5.01 5 2.15 2.86
KESORAMIND 3.61 -5.25 5 21.7 0.81
ZENITHDRUG 89.3 -5 5 0.4 0.36

Stocks That Hit Upper Circuit on April 11, 2025

Symbol LTP %chng Price Band % Volume(Lakhs) Value(₹ Crores)
GRAVITA 1,884.00 18.26 20 41.85 749.36
GOLDIAM 326.9 19.99 20 58.06 187.44
TARIL 544.6 4.99 5 25.56 138.88
WOCKPHARMA 1,320.20 10 10 9 116.94
CAMLINFINE 160.11 20 20 63.72 98.69

Overview of Companies Hitting Circuits Today

Trident Tech Labs

Trident Tech Labs shares dropped 1.78% to ₹500, touching its lower circuit limit on a volume of nearly 1 lakh shares.

Gensol

Gensol share price tanked 5.01% to ₹132.66 amid brisk trading, hitting its circuit with over 2 lakh shares changing hands.

Wockhardt Pharma

Wockhardt Pharma shares surged 10% to ₹1,320.2, hitting its limit with volumes of 9 lakh 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 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.

Gold and Silver Touched Record High: Check Rates in Your City on April 11, 2025

Gold and silver prices witnessed growth in both the global and domestic markets on April 11, 2025. Spot gold hit $3,219.84 an ounce, topping the $3,200 per ounce mark for the first time ever. In addition, US gold futures rose even higher, trading at $3,237.50 per ounce. At 12:00 PM, spot gold prices have increased by 1.25%, reaching $3,201.05. In the domestic market, gold prices have surged by nearly ₹900. Turning to silver prices, there was a growth of 0.59% to ₹92,570 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹9,314 per gram, while 22-carat gold now costs ₹8,538 per gram. In Delhi, the price of 22-carat gold is currently ₹85,232 per 10 grams, while 24-carat gold is trading at ₹92,980 per 10 grams.

Gold Prices Across Major Indian Cities on April 11, 2025

Here is a detailed breakdown of gold prices as of April 11, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 93,410 85,626
Bangalore 93,150 85,388
Kolkata 85,213 92,960

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 92,590
Delhi 92,430
Kolkata 92,460
Chennai 92,890

Conclusion

Both gold and silver prices have shown positive growth backed by esclation of trade war, weak dollar, buying by central bank, fear of recession and others. With gold rising by nearly ₹900 in the domestic market and silver witnessing a ~₹590 increase per kilogram,

 

 

 

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.

Upcoming IPO: Jain Resource Recycling Filed DRHP for ₹2,000 Crore IPO

The recycling and production of non-ferrous metals company, Jain Resource Recycling Limited, has filed the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float an IPO. The ₹2,000 crore Jain Resource Recycling IPO comprises a fresh issue of ₹500 crore and an offer-for sale of ₹1,500 crore.

Use of IPO Proceeds

Fresh Issue

The net proceeds raised from the fresh issue portion of this upcoming IPO will be used for the following purposes:

  • The company will use fresh issue funds for the pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company.
  • General corporate purposes.

Offer for Sale

The proceeds from the Offer for Sale shall be received by the Selling Shareholders after deducting their proportion of Offer expenses and relevant taxes thereon. The company will not receive any proceeds from the Offer for Sale.

Also Read: Ather Energy Cuts IPO Size and Valuation Amid Investor Caution: Reports

About Jain Resource Recycling Limited

Incorporated in 2022, Jain Resource Recycling Limited has itself as a pioneer in the recycling and production of non-ferrous metals in India. The company is mainly focused on the manufacturing of non-ferrous metal products by way of recycling non-ferrous metal scrap. The company’s product portfolio comprises of (i) lead and lead alloy ingots, (ii) copper and copper ingots, and (iii) aluminium and aluminium alloys.

The company has a rich global presence across major overseas geographies, including Singapore, China, Japan and South Korea.

Jain Resource Recycling is one of only two recycling companies in India whose lead has been registered as a brand by the London Metal Exchange. This recognition gives the company a significant advantage by enabling access to a wider global customer base, offering products that meet international quality standards, and benefiting from LME reference pricing for its product supply in global markets.

The company serves to customers in various industries, including lead acid battery, electrical and electronics, pigments, and automotive. In addition, the company’s clientele includes Vedanta Limited-Sterlite Copper, Luminous Power Technologies Private Limited and Yash Resources Recycling Limited and others.

 

 

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.

GAIL Share Price in Focus: Completed Over 97% Work on Pradhan Mantri Urja Ganga

On April 11, 2025, GAIL India shares are on investors’ radar, reaching a day high of ₹173.70 at 10:20 AM. The gain in GAIL India share price came after the company announced that it has completed over 97.6% of the integrated Jagdishpur–Haldia–Bokaro–Dhamra Pipeline (JHBDPL), widely known as the “Pradhan Mantri Urja Ganga”.

The said pipeline supplies natural gas to the eastern and northeastern regions of India. Out of this, approximately 96.6% of the pipeline is already under commercial operation.

The integrated JHBDPL, including the Barauni–Guwahati Pipeline, spans an authorized length of 3,306 km, passing through Uttar Pradesh, Bihar, Jharkhand, Odisha, West Bengal, and Assam. So far, 3,227 km of pipeline has been laid, with 3,119 km—including key sections such as Phulpur–Dobhi–Bokaro–Durgapur, Bokaro–Angul–Dhamra, and Dobhi–Barauni–Guwahati—already in commercial use.

Current Gas Transmission Capacity

Currently, the pipeline is transporting 12.26 Million Standard Cubic Meters per Day (MMSCMD) of natural gas. This includes supply to four fertilizer plants, two refineries (Barauni and Paradip), industrial consumers, and 32 City Gas Distribution (CGD) networks in cities such as Varanasi, Patna, Ranchi, Jamshedpur, Bhubaneswar, Cuttack, and Kolkata along the pipeline corridor.

Revised Timeline for Project

Regarding the Durgapur–Haldia section (294 km), GAIL has commissioned 132 km up to Kolkata for commercial operation. Of the remaining 162 km, 103 km has been completed. Additionally, in the Dhamra–Haldia section, which has an authorized length of 240 km, 198 km has been laid. However, due to limited availability of the Right of Use (RoU), the completion timelines for both sections are being revised from March 2025 to December 2025.

Once the remaining sections of the Durgapur–Haldia and Dhamra–Haldia pipelines are completed, GAIL will be able to supply natural gas to the Haldia refinery, City Gas Distribution networks in Howrah, Hooghly, Purba Medinipur, and Paschim Medinipur, along with other industrial consumers along the route.

 

 

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.

Reliance Power Share Price Soared Over 2%: Trading Over 52-Week Low-High Average

On April 11, 2025, Reliance Power share (RPower) rose over 2% in morning trade, reaching a day high of ₹40.68 at 09:40 AM, after opening at ₹40.68.  RPower share price rebounded after the fall of ~2% in the previous trading session.  Currently, Reliance Power shares are trading above the 52-week low-high average on BSE, where 52-week low stands at ₹23.26 while 52-week high stands at ₹54.25. 

Q3 FY25 Financial Overview 

In a notable turnaround during the October–December 2024 quarter, the company posted a net profit of ₹41.95 crore, recovering from a loss of ₹1,136.75 crore in the same quarter the previous year. Total revenue rose to ₹2,159.44 crore from ₹1,998.79 crore year-on-year, while total expenses dropped significantly to ₹2,109.56 crore, compared to ₹3,167.49 crore in the corresponding quarter last year. The company also reported an EBITDA of ₹492 crore for the quarter. 

Reliance Power reported total debt servicing obligations, including repayments due within the next nine months, at ₹4,217 crore. The company made substantial progress in strengthening its balance sheet, lowering its debt-to-equity ratio from 1.61:1 at the close of FY24 to 0.86:1 by the end of Q3 FY25. As of now, the company is debt-free, has no outstanding defaults, and has improved its net worth to ₹16,217 crore. 

About Reliance Power Limited 

Reliance Power is engaged in the development, construction and operation of power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development. 

 

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. 

SEBI Clarified Minimum Investment for Specialised Investment Fund (SIF)

The capital market regulator, the Securities and Exchange Board of India (SEBI), recently, through a press release clarified the regulatory framework for Specialised Investment Funds (SIF) regarding minimum investment threshold.

SEBI Fixed Minimum ₹10 Lakh Investment

In a recent circular, SEBI announced that under the new regulations, investors must make a minimum investment of ₹10 lakh across all Specialised Investment Fund (SIF) strategies based on their Permanent Account Number (PAN).

This requirement, however, does not apply to the mandatory investments made by asset management companies (AMCs) on behalf of designated employees. SEBI also clarified that the rules concerning the maturity of securities in interval schemes will not be applicable to interval investment strategies under SIF.

SIFs and Options

Previously, investments were limited to securities that matured before the next transaction window. In cases where securities included put or call options, the option needed to be exercisable before the next transaction period commenced. SEBI confirmed that these updated provisions take effect immediately.

Conclusion

The regulatory framework for Specialized Investment Funds was introduced in February, aiming to fill the gap between mutual funds and Portfolio Management Services (PMS) by offering greater portfolio flexibility. Under this framework, investors are expected to invest a minimum of ₹10 lakh across all SIF strategies, with the exception of accredited investors.

 

 

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.