Passenger Vehicle Sales Touched New High During FY25: SIAM

As per data released by the Society of Indian Automobile Manufacturers (SIAM), the passenger vehicle (PV) sales in India clocked a historic high of 4.3 million units during the year ended March 31, 2025 (FY25), reflecting a growth of 2% over FY24.

Rising PV Sales: Key Growth Drivers

The growth in passenger vehicles sales has been mainly backed by the Utility Vehicles (UVs), which accounted for 65% of total PV sales, an increase from around 60% in FY24. This growth was driven by new model launches with modern designs and advanced features as well as attractive discounts and promotional schemes that sustained consumer demand.

The overseas sales or PV exports reached their highest level, posting a growth of 14.6% YoY to 7.7 lakh million units. The growth in exports was fuelled by the global demand for India-manufactured models in Latin American and African markets. India strengthened its presence as a global manufacturing hub as a few automakers expanded their footprints into developed countries.

Growing Indian Automobile Industry

During FY25, the Indian automobile industry saw a growth of 7.3% in domestic sales and a strong 19.2% growth in exports. Backed by growing scooters sales, improved rural connectivity, rising consumer confidence, and ongoing product innovation, the two-wheeler sales experienced a notable recovery with YoY growth of 9.1% to 19.6 million units in FY25.

Electric vehicles (EVs) continued to gain momentum, accounting for over 6% of total two-wheeler sales. Exports of two-wheelers surged by 21.4% to 4.2 million units, fuelled by robust demand from African and Latin American markets. SIAM expects continued growth while looking ahead to FY26, which will be backed by stable macroeconomic conditions, policy incentives, infrastructure development, and a predicted normal monsoon season.

Auto Sales March 2025

Company Name Total Sales (March 2025)  Total Sales (March 2024)  YoY%
Four Wheelers
Maruti Suzuki India Limited 1,92,984 1,87,196 3
Tata Motors Ltd 90.500 90,822 0
Mahindra & Mahindra 83,894 68,413  23
Two Wheelers
TVS Motors Company Ltd 4,14,687 3,54,592 17
Eicher Motors Ltd (Motor Cycles) 1,01,021 75,551  34
Trucks & Buses
Eicher Motors Ltd 12,094 11,242 7.6
Escorts Kubota Ltd 11.374 9,888 15
Ashok Leyland Ltd 24060 22736 6

Also Read: March 2025 Auto Sales Data Out: Tata Motors, Maruti Suzuki, M&M and More in Focus

Conclusion

The Indian automobile industry demonstrated strong resilience and adaptability in FY25, marked by steady domestic growth, expanding exports, and increasing adoption of electric vehicles

 

 

 

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.

Mid-Day Top Gainers and Losers on April 16, 2025: IndusInd Bank and Axis Bank Led Gainers

On April 16, 2025, as of 11:55 AM, the BSE Sensex was down 0.01% at 76,723.66, while the Nifty 50 was up 0.02% at 23,333.40. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
INDUSINDBK 747 779.95 733 779.7 5.95
AXISBANK 1,122.70 1,159.90 1,112.60 1,156.20 3.9
TRENT 4,922.00 5,008.50 4,852.00 4,980.00 2.11
HDFCLIFE 700.2 719.05 700.2 718 1.89
EICHERMOT 5,549.00 5,630.00 5,539.00 5,624.50 1.73

Here’s a brief market update based on the top gainers:

IndusInd Bank

IndusInd Bank shares have surged by nearly 6%, reaching a high of ₹779.95, driven by strong investor sentiment in the banking sector.

Axis Bank

Axis Bank climbed 3.9% to ₹1,156.20, buoyed by robust sector momentum and positive sentiment.

Trent

Trent advanced over 2% to ₹4,980.00, continuing its uptrend with solid retail demand.

HDFC Life

HDFC Life shares gained 1.89%, trading near the day’s high at ₹718.

Eicher Motors

Eicher Motors rose 1.73% to ₹5,624.50, after opening at ₹5,549.00

Mid-Day Top Losers

Symbol Open High Low LTP %chng
HINDALCO 618.15 619.35 604.5 606.6 -1.78
MARUTI 11,768.00 11,768.00 11,631.00 11,660.00 -1.64
BAJAJ-AUTO 7,999.00 7,999.50 7,864.50 7,904.50 -1.14
JSWSTEEL 1,003.00 1,007.30 992.1 996.8 -1.11
HEROMOTOCO 3,809.00 3,816.60 3,745.70 3,766.00 -1

Here’s a brief market update on the top losers:

Hindalco

Hindalco shares opened at ₹618.15, hit a low of ₹604.50, and are down 1.78%.

Maruti Suzuki

Maruti Suzuki shares opened at ₹11,768.00 and touched a low of ₹11,631.00, down 1.64%.

Bajaj Auto

Bajaj Auto opened at ₹7,999.00, dropped to ₹7,864.50, down 1.14%.

JSW Steel

JSW Steel opened at ₹1,003.00 and slid to ₹992.10, down 1.11%.

Hero MotoCorp

Hero MotoCorp opened at ₹3,809.00 and hit a low of ₹3,745.70, down 1%.

 

 

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.

Hindustan Oil Exploration Shares Gains ~5%: Received a New Contract

On April 16, 2025, Hindustan Oil Exploration shares rose ~5%, reaching a day high of ₹178.45, after opening at ₹172.80. The gain in Hindustan Oil Exploration shares came after the company announced that it has been awarded a contract area under the special discovered small fields bid round 2024.

Details of Newly Awarded Contract

The designated block — MB/OSDSF/B15/2024 — covers an area of approximately 332.4 square kilometers in the Mumbai offshore region, situated in waters about 40 meters deep. According to the company’s exchange filing, the block includes two discoveries, B-15A and B-15-2, and holds promise for additional exploration. A total of six wells have been drilled within the block.

Well B-15A-1 recorded production of roughly 1.66 million standard cubic feet of gas per day (mmscfd) and 1,833 barrels of oil per day (bopd), while Well B-15-2 yielded about 1,151 barrels of oil and 0.91 mmscfd of gas from the Panna formation, the company reported. It also noted that it operates the block with a 100% participating interest.

The addition of this new block enhances Hindustan Oil Exploration Company’s existing portfolio, complementing its MB/OSDSF/B80/2016 block in the same region and increasing its total offshore acreage to more than 800 square kilometers.

Management Take on Business Development

The Managing Director of HOEC, Mr. Ramasamy Jeevanandam, affirmed the Company’s commitment to enhancing its asset base and seizing growth opportunities. As we strive to optimise operations in the Mumbai Offshore region, we also prioritise leveraging our offshore expertise to drive sustained growth. Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.

 

 

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

PMMY Disburses Over ₹33 Lakh Crore in Loans: 68% Beneficiaries Are Women

In a recent address at the valedictory ceremony, Union Minister of State for Finance Mr. Pankaj Chaudhary highlighted the substantial impact of the Pradhan Mantri Mudra Yojana (PMMY) over the past decade.

Since its launch, PMMY has noted the disbursement of over ₹33 lakh crore (approximately US$ 383.28 billion) in collateral-free loans to over 52 crore individuals, giving a major boost to entrepreneurship across the country. These loans, ranging from ₹50,000 (US$ 580) to ₹20 lakh (US$ 23,230), have played a pivotal role in enabling small businesses and self-employment ventures to take root and thrive.

Rising Women Entrepreneurs

What’s even more encouraging is the strong participation of women—68% of PMMY beneficiaries are women entrepreneurs, reflecting a significant shift toward inclusive economic growth and increased female-led enterprise in India.

Mr. Chaudhary also shed light on the government’s ongoing investment in infrastructure development. Over the past ten years, a consistent increase in the infrastructure budget has led to tangible improvements in both urban and rural areas, helping lay the groundwork for sustained growth.

10 Years of Pradhan Mantri Mudra Yojana (PMMY)

On April 8, 2025, the nation marked the 10th anniversary of the Pradhan Mantri MUDRA Yojana (PMMY). Over the past decade, the scheme has played a crucial role in dismantling traditional credit barriers.

As per an SBI report, 50% of Mudra accounts are held by entrepreneurs from SC, ST, and OBC communities, significantly enhancing access to formal financing. Additionally, 11% of the beneficiaries belong to minority communities, highlighting PMMY’s role in promoting inclusive growth and empowering marginalized groups to actively engage in the formal economy.

Since its inception, PMMY has enabled the creation of over 52 crore loan accounts, reflecting a consistent rise in entrepreneurial activity. Notably, the proportion of Kishor loans (₹50,000 to ₹5 lakh) has surged from 5.9% in FY16 to 44.7% in FY25.

Also Read: PM Mudra Yojana: Trends and Analysis of the Past 10 Years

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

FII’s Returned to Indian Securities Market: Highest Net Inflows Since March 27

On April 15, 2025, Foreign institutional investors (FIIs) made a strong comeback to Indian equities by injecting ₹6,065.78 crore—marking highest net inflow since March 27. This indicated a reversal in their recent selling streak, indicating a shift in sentiment as global trade worries began to ease.

In contrast, domestic institutional investors (DIIs) turned net sellers, booking profits by offloading stocks worth ₹1,951.60 crore, likely taking advantage of the recent market upswing. Provisional data revealed that FIIs purchased shares worth ₹25,103 crore and sold ₹19,037 crore during the session. Meanwhile, DIIs bought stocks valued at ₹11,259 crore and sold ₹13,211 crore.

Despite the day’s positive flows, FIIs remain net sellers for 2025 to the tune of ₹1.68 lakh crore, whereas DIIs have recorded net purchases of ₹2.04 lakh crore so far this year. Indian benchmark indices surged on Tuesday, recovering all of last week’s losses caused by tariff-related concerns. The rally was fueled by signs of easing U.S. trade tensions and broad-based sectoral gains.

 

 

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

Why Gold Prices Touched a New Record High in International Market?

On April 16, 2025, Gold prices continued their gaining streak, reaching a new all-time high. At 09:51 IST, Spot gold prices soared 1.76% to $3,278.89, making it a new record high.

In the domestic market, gold futures also hit a historic peak. MCX Gold prices surged past ₹94,573 per 10 grams on Wednesday morning, climbing more than ₹1,000, or over 1%, in early trade. The rally was supported by the softer dollar and ongoing concerns about U.S. trade policies. Following the record high, MCX Gold prices saw a slight pullback, trading 1.13% higher at ₹94,475 per 10 grams around 9:40 AM.

Why are Gold Prices Rising?

The surge in gold prices has been fuelled by strong safe-haven demand amid uncertainty surrounding U.S. President Donald Trump’s tariff strategies, a weakening U.S. Dollar (USD), and expectations of further monetary easing by the Federal Reserve (Fed).

Rising economic uncertainty has increased the demand for safe-haven assets like gold, pushing prices higher. The U.S. Dollar Index dropped by around 0.5%, making gold—priced in USD—more affordable for buyers using other currencies, thereby boosting demand.

Additionally, expectations of interest rate cuts are supporting gold’s upward trajectory. These hopes were strengthened by a significant drop in inflation in both India and the U.S.

In India, retail inflation based on the Consumer Price Index (CPI) eased to 3.34% year-on-year in March 2025, marking the lowest level since August 2019.

Conclusion

The rising gold prices reflects the investors’ increased confidence amid the rising economic uncertainty. Also, a weakening U.S. Dollar (USD), and expectations of further monetary easing by the Federal Reserve (Fed) propelling gold prices.

 

 

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.

Gensol Share Price Crash: What Retail Shareholder Should Know?

On April 16, 2025, Gensol Engineering share price locked in 5% lower circuit at ₹123.65 on BSE. Gensol share price crashed after the SEBI’s action on the company and its promoters on alleged misuse of funds.

The allegation against Gensol Engineering includes loans worth ₹978 crore from IREDA and PFC and using some part of it for personal expenses. The promoters have been charged for round tripping of funds and fund diversion from Gensol to private entities and promoters.

On Tuesday, April 15, SEBI issued interim orders against Gensol Engineering and its promoters. Anmol Singh Jaggi and Punit Singh Jaggi, restraining them from holding positions of a director in the company. Both promoters have also been restrained from buying, selling or dealing in securities.

Impact on Nearly 1 Lakh Retail Shareholders

As of December 2024, Gensol Engineering Ltd. has close to 1 lakh retail shareholders—those whose authorised share capital is up to ₹2 lakh. Over a 12-month period from December 2023 to December 2024, the company’s retail shareholding rose from 13.94% to 23.44%.

Gensol share price has taken a severe hit, plunging from a peak of ₹1,147 to just ₹123, a staggering decline of nearly 90%. Due to this sharp fall, Gensol Engineering is now classified under the ‘T’ group of shares and has been moved to Stage 1 of the Enhanced Surveillance Measures (ESM) framework.

The decline in Gensol’s shares has accelerated following credit rating downgrades by ICRA and CARE. Under Stage 1 of ESM, trading in the stock is on a trade-for-trade basis with a 5% price band. From the T+2 day, a 100% margin requirement applies. If the stock is already under a 2% circuit, that limit remains.

Trading Rules on Gensol Shares

Stocks in the ‘T’ group are subject to stricter trading rules: mandatory delivery is required, there’s a 5% circuit limit, and intraday trading is prohibited. Additionally, BTST (Buy Today, Sell Tomorrow) and STBT (Sell Today, Buy Tomorrow) trades are not allowed.

 

 

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 Cracks Down on Gensol Engineering Over Funds Misuse: Halts Stock Split

On April 15, 2025, the capital market regulator, the Securities and Exchange Board of India (SEBI) has taken serious action on GensolEngineering.

SEBI Order Against Gensol Engineering

Following allegations of fund misappropriation and misleading disclosures, the market regulator on Tuesday issued an interim order against Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi.

The order by SEBI restrained the promoters from holding any directorial or key managerial positions in the company and barred them from taking part in the securities market, which means they are not allowed to buy, sell, or deal in securities.

SEBI will appoint a forensic auditor to review Gensol’s financial records, with the audit report expected within six months.

SEBI’s Investigation

The SEBI investigation revealed that Gensol Engineering had taken ₹977.75 crore in term loans, with ₹663.89 crore designated for acquiring 6,400 electric vehicles (EVs). However, only 4,704 EVs worth ₹567.73 crore were purchased, leaving ₹262.13 crore unaccounted for.

Allegedly, a portion of the funds was diverted to the promoters or their related parties and used for luxury spending, real estate acquisitions, and transfers to family members. The investigation also found suspected round-tripping of funds between Gensol and Go-Auto, the EV supplier.

Moreover, Gensol’s claim of receiving orders for 30,000 EVs was found to be based on a non-binding memorandum of understanding, lacking critical details such as pricing and delivery timelines. A site inspection further revealed no manufacturing activity at the company’s plant, raising additional concerns.

Also Read: SEBI’s Probe into Gensol Engineering

SEBI Halts Gensol Stock Split

Following these developments, SEBI has suspended Gensol’s proposed 1:10 stock split, stating that the move is not in the best interest of investors.

Conclusion

SEBI’s Interim order marks a significant regulatory intervention, reflecting the seriousness of the allegations against Gensol Engineering and its promoters. With questions surrounding the diversion of funds and misleading disclosures.

 

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.

IREDA Share Price in Focus: Posted Double Digit Growth in Revenue and PAT During Q4FY25

On April 16, 2025, IREDA shares price are in focus as the state-owned renewable project financing company released its results for the quarter (Q4FY25) and year ended March 31, 2025 (FY25). Indian Renewable Energy Development Agency Ltd. (IREDA) recorded significant growth across key financial metrics.

IREDA Q4FY25 Result

IREDA delivered strong year-on-year growth across key financial metrics in Q4 FY2024 -25. Profit After Tax (PAT) rose by 49% to ₹502 crore, while Profit Before Tax (PBT) increased by 31% to ₹630 crore. Revenue from operations saw a robust 37% jump, reaching ₹1,904 crore. The company’s net worth improved by 20% to ₹10,266 crore, and the loan book expanded by 28%, standing at ₹76,281 crore.

IREDA Posted Growth in FY25

The company reported a strong financial performance in FY2024- 25, marked by significant year-on-year growth. Profit After Tax (PAT) rose by 36% to ₹1,699 crore, while Profit Before Tax (PBT) increased by 25% to ₹2,104 crore. Revenue from operations climbed 36% to ₹6,742 crore. The company’s net worth stood at ₹10,266 crore, reflecting a 20% increase, and the loan book expanded by 28% to ₹76,282 crore.

Management Take on Q4FY25 Earnings

Commenting on the results, Shri Pradip Kumar Das, CMD, IREDA, said, “IREDA’s sustained growth in revenue, profitability, and loan book underscores our strategic focus towards financing India’s renewable energy ambitions. We remain committed to being the enabler of India’s green energy transition through innovative financial solutions and strategic partnerships.”

Shri Das also expressed his appreciation for Team IREDA for their unwavering dedication and excellence in achieving these milestones. He further extended his gratitude to Shri Pralhad Joshi, Hon’ble Union Minister of New & Renewable Energy, Consumer Affairs and Food & Public Distribution; Shri Shripad Naik, Hon’ble Minister of State for Power and New & Renewable Energy; Ms. Nidhi Khare, Secretary, MNRE; other senior officials of MNRE and other ministry; and the Board of Directors for their continued support and invaluable guidance.

On April 15, IREDA share price closed at ₹167.10, reflecting a rise of 8.40% on BSE. During the day, IREDA touched the day high of ₹168.85.

 

 

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.

Are You Holding SGB 2019-20 Series V: Premature Redemption on April 15

Investors holding the Sovereign Gold Bond (SGB) 2019-20 Series V now have the option to redeem their bonds early, with the redemption price set at ₹9,069 per gram. This follows the SCB’s first premature redemption date on Tuesday, April 15, 2025. 

Since its launch on October 15, 2019, at ₹3,788 per gram, the SGB has yielded a return of 139% over 5.5 years, excluding the annual interest payout. 

It’s important to note that the 2.5% annual interest, paid semi-annually, further enhances the returns for those who choose to hold the bond until maturity, making the overall investment even more profitable. 

Why is Early Redemption Allowed? 

According to the rules of the Sovereign Gold Bond Scheme, investors can redeem their bonds after five years from the date of issue. 

While the bonds have a full maturity period of eight years, ending on October 15, 2027, the early redemption option offers flexibility for investors who want to cash out early or need liquidity. 

How is the Redemption Price Determined? 

The redemption price is based on the average closing prices of 999 purity gold for the last three working days before the redemption date, as published by the India Bullion and Jewellers Association (IBJA). For today’s redemption, the price has been set at ₹9,069 per gram, derived from the average closing prices on April 8, 9, and 11, 2025. 

About SGBs 

SGBs are government-backed bonds that provide returns linked to the price of gold. With the ongoing rise in domestic gold prices, the Union Budget 2025 announced the cessation of new Sovereign Gold Bond issuances. However, existing bonds will continue to be active and can be redeemed according to their scheduled or eligible early redemption dates. 

 

 

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.  

 

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