ESIC Data Highlights: 18.19 lakh New Members Added in January 2025

The latest provisional payroll data from the Employees’ State Insurance Corporation (ESIC) reveals significant growth in its coverage for January 2025. A total of 18.19 lakh new employees have been added to the social security net, ensuring more workers benefit from the security provided by the ESI Scheme.

Key Takeaways from January 2025’s ESIC Payroll Data

  • 18.19 Lakh New Employees: January 2025 saw a remarkable addition of 18.19 lakh new employees to the ESIC system, a testament to the expanding reach of social security services.
  • Young Workforce Dominates: Of these 18.19 lakh registrations, 8.67 lakh employees, approximately 47.66%, are from the age group of 25 years or younger. This indicates a strong participation of the younger workforce in the social security system, which is crucial for long-term sustainability.
  • Increased Female Participation: In a positive development, 3.65 lakh female employees were enrolled in the ESIC Scheme in January 2025. This reflects the growing inclusion of women in the formal workforce and the recognition of their rights to social security benefits.
  • Inclusion of Transgender Employees: In a move towards ensuring equitable access for all, 85 transgender employees were also registered under the ESIC Scheme in January 2025. This underscores ESIC’s commitment to inclusivity and delivering benefits to all sections of society.
  • Expansion of Establishments Under the ESI Scheme: In January 2025, 27,805 new establishments were brought under the ESI Scheme, further expanding its coverage and ensuring that more workers benefit from the program.

Conclusion

The provisional payroll data from ESIC for January 2025 paints a promising picture of social security expansion in India. The addition of 18.19 lakh new employees, along with the enrollment of a significant number of women, young workers, and transgender employees, highlights the inclusivity and progress of the ESI Scheme. With more establishments also joining the program, it is evident that ESIC’s efforts to enhance the well-being and security of workers are making a positive impact across the country.

 

 

 

 

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.

REC Declared 4th Interim Dividend: Set March 26 As Record Date

The state-owned power sector financing company REC Ltd has set March 26, 2025, as the record date for its 4th interim dividend for FY25. On March 19, 2025, REC declared an interim dividend of ₹3.60 per share, which will be paid on April 16, 2025.

REC Interim Dividend Record Date: What This Mean For Shareholders?

As REC Ltd has set March 26 as the record date for its interim dividend, meaning that March 25, marks the last to buy REC shares to become eligible for the interim dividend. Further, any shares bought on or after March 26 (record date), won’t be eligible for the interim dividend.

REC 9MFY25 Performance

For the nine months ending FY25, the company reported robust financial performance. Total income surged to ₹40,805 crore, reflecting an 18% year-on-year (YoY) growth from ₹34,571 crore. Net Interest Income (NII) stood at ₹14,191 crore, marking a 24% YoY increase compared to ₹11,422 crore in the previous period. Net profit also rose by 15% YoY, reaching ₹11,477 crore, up from ₹10,003 crore.

The loan book expanded by 14% YoY to ₹5.66 lakh crore, up from ₹4.97 lakh crore. The company’s asset quality improved, with net credit-impaired assets decreasing to 0.74% from 0.82% YoY. Net worth saw a healthy increase of 18% YoY, reaching ₹76,502 crore, compared to ₹64,787 crore. The capital adequacy ratio stood strong at 25.33%, with Tier-I at 22.95% and Tier-II at 2.38%.

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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.

TVS Motors Interim Dividend: Set March 26 As Record Date

India’s leading 2 and 3-wheeler manufacturer, TVS Motors Company Limited has set March 26, 2025, as the record date for its interim dividend for FY25. On March 20, 2025, TVS Motors declared an interim dividend of ₹10 per share. The company further stated that the interim dividend be paid within 30 days from the declaration of interim dividend.

TVS Motors Record Date: What This Mean For Shareholders?

As TVS Motors has set March 26 as the record date for its interim dividend, meaning that March 25, marks the last to buy TVS Motors shares to become eligible for the interim dividend. Further, any shares bought on or after March 26 (record date), won’t be eligible for the interim dividend.

TVS Motors Feb 2025 Sales

During Feb 2025, TVS Motor Company recorded monthly sales of 4,03,976, recording a growth of 10% against 3,68,424 units in February 2024.

Two-Wheeler: The total two-wheeler sales grew 10% from 357,810 units in February 2024 to 3,91,889 units in February 2025. In addition, the domestic two-wheeler sales posted a growth of 3% to 276,072 units in February 2025. Motorcycles registered a growth of 5% with sales increasing from 184,023 units in February 2024 to 192,960 units in February 2025..

Electric Vehicle: TVS Motors recorded a growth of 34% in EV sales from 17,959 units in February 2024 to 24,017 units in February 2025.

Three-Wheeler: Three-wheeler registered a growth of 14% with sales increasing from 10,614 units in February 2024 to 12,087 units in February 2025.

 

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

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

Gold and Silver Prices Trade Higher: Check Rates in Your City on March 24, 2025

On March 24, 2025, Gold and silver prices witnessed growth in domestic markets. In the international market, spot gold prices fell by 0.50%, reaching $3,025.8 as of 12:50 PM. In the domestic market, gold prices have surged by nearly ₹50 to ₹88,260.00 and silver prices grew ~₹490. to ₹98,580.

In Mumbai, 24-carat gold is priced at ₹8,810 per gram, while 22-carat gold now costs ₹8,076 per gram. In Delhi, the price of 22-carat gold is currently ₹8,062 per gram, while 24-carat gold is trading at ₹8,795 per gram.

Gold Prices Across Major Indian Cities on March 24, 2025

Here is a detailed breakdown of gold prices as of March 18, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 88,380 81,015
Delhi 87,950 80,621
Mumbai 88,130 80,786
Bangalore 88,200 80,850

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 98,390
Delhi 98,220
Bangalore 98,470
Chennai 98,680

Conclusion

Both gold and silver prices have shown positive growth in the domestic market, while there was a marginal slump in the international market on March 24, 2025. With gold rising by nearly ₹50 per 10 grams in the domestic market and silver witnessing a ~₹490 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.

Mid-Day Top Gainers and Losers on March 24, 2025: NTPC and Kotak Mahindra Bank Led Gainers

On March 24, 2025, as of 12:28 PM, the BSE Sensex was up 1.32% at 77,925.45, while the Nifty 50 was up 1.27% at 23,646.00. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
NTPC 357 367.4 353.65 367.25 4.54
KOTAKBANK 2,100.00 2,184.25 2,090.25 2,172.25 4.49
AXISBANK 1,082.00 1,104.95 1,073.70 1,098.65 2.66
POWERGRID 285 293.3 284.45 290.45 2.6
BEL 296.9 304.9 296.35 303.27 2.55

NTPC

Opening at ₹357, NTPC shares surged to a high of ₹367.4, reflecting a strong upward momentum with a 4.54% increase in its LTP at ₹367.25.

Kotak Mahindra Bank

Kotak Mahindra Bank opened at ₹2,100, reaching a high of ₹2,184.25, gaining 4.49% in its LTP, which closed at ₹2,172.25, showcasing solid performance on the day..

Axis Bank

Starting at ₹1,082, Axis Bank shares hit a high of ₹1,104.95 and gained 2.66%, closing at ₹1,098.65, reflecting steady growth throughout the session.

Powergrid 

Powergrid shares opened at ₹285 and reached a high of ₹293.3, climbing 2.6% to close at ₹290.45, showing positive intraday movement.

BEL

Opening at ₹296.9, BEL shares moved up to a high of ₹304.9, finishing the day with a 2.55% gain at ₹303.27, indicating strong market interest.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
TITAN 3,168.20 3,175.95 3,076.70 3,083.80 -2.49
INDUSINDBK 692 693.75 674.2 674.55 -1.8
M&M 2,815.30 2,822.15 2,709.40 2,756.30 -1.63
TRENT 5,150.45 5,168.15 5,075.05 5,087.80 -1.21
INFY 1,597.95 1,601.95 1,572.70 1,583.60 -0.56

Titan 

Titan opened at ₹3,168.20, hit a low of ₹3,076.70, and declined by 2.49%, closing at ₹3,083.80, reflecting a significant drop in midday trading.

IndusInd Bank 

IndusInd Bank opened at ₹692, fell to a low of ₹674.2, and saw a 1.8% decrease in its LTP, closing at ₹674.55, indicating a negative intraday trend.

M&M

M&M opened at ₹2,815.30, reached a low of ₹2,709.40, and dropped by 1.63%, finishing the session at ₹2,756.30, showing pressure during the day.

Trent 

Trent opened at ₹5,150.45, dropped to a low of ₹5,075.05, and fell by 1.21%, closing at ₹5,087.80, reflecting a slight decline.

Infosys 

Infosys share price opened at ₹1,597.95, fell to ₹1,572.70, and dropped by 0.56%, closing at ₹1,583.60, showing a modest dip on the day..

 

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.

BSE Sensex Surges For 6th Straight Session: Surges Over 800 Points on March 24

The Indian stock market rallied for the 6th straight trading session after witnessing a series of corrections. At 09:18 AM, BSE Sensex soared over 550 points after the market opened and was trading above the 77,400 level. The gain in 30 shares of BSE Sensex continued and rose ~1.15% to 77,787.74 at 11:50 AM.

The gain in the market was further strengthened by the Indian rupee extending its winning streak for a 9th consecutive session on March 24, backed by revived foreign inflows and declining crude oil prices. The Indian rupee opened 4 paise stronger at 85.94 against the US dollar, compared to Friday’s close of 85.98.

Sectoral Performance

At 11:50 AM, the BSE Sensex Advance/ Decline ratio stood at 23/7, which means 23 stocks were in green while 7 were in red. All the sectoral indices were in green on BSE, where BSE Bankex and BSE Industrial led the market rally with a rise of 2.18% and 2.02%, respectively.

Top Gainers and Losers on BSE Sensex

Kotak Mahindra Bank, NTPC and Powergrid shares led the top gainers on BSE Sensex with a rise of 4.49%, 3.65% and 2.31%, respectively. On the other hand, Titan, M&M and IndusInd Bank fell by 2.58%, 2.26% and 1.52%, respectively and became top losers for the day.

 

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.

IIFL Capital Services Shares Rose Over 10% After Change in Top Management

On March 24, 2025, IIFL Capital Services shares soared over 10%, reaching a day high of ₹242.95 at 10:40 AM, after opening at ₹225.00. The gain in IIFL Capital shares came after the company announced changes in the top management.

Nemkumar H Appointed as the Chief Growth Officer.

Nemkumar H steps down as Managing Director and member of the Board. He joined IIFL in June 2007 and was a founding member of the Institutional Equities (IE) business. Over the years, IIFL’s IE business, primarily focused on institutional broking and investment banking, has seen significant growth. With nearly three decades of experience in equity research, institutional equities, investment banking, and fostering strong relationships with investors and corporates, Nemkumar has been a key contributor to the company’s success.

R. Venkataraman Appointed Managing Director

The Board of Directors has appointed R. Venkataraman, Co-promoter of IIFL Group, as Managing Director of the Company, effective March 22, 2025, for a term of five years.

Rekha Warriar Named as Chairperson of the Board

The Board has appointed Rekha Warriar, Independent Director, as the new Chairperson, ensuring a clear separation of the roles of Chairperson and Managing Director in line with best corporate governance practices. Rekha has served as an Independent Director since 2019 and brings over 31 years of invaluable experience from her tenure at the Reserve Bank of India (RBI), with expertise in areas such as Foreign Exchange, Financial Stability, Internal Debt Management, and Rural 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.

These Nifty 500 Stocks to Benefit from Change in PLI Scheme for Telecom and Networking Products

The Production Linked Incentive (PLI) Scheme is a government program designed to offer financial incentives to both domestic and foreign companies to enhance local manufacturing in India. On February 24, 2021, the Department of Telecommunications (DoT) launched the PLI scheme to promote domestic production of telecom and networking products, with a budget of ₹12,195 crore. The scheme covers 33 telecom and networking products, allowing companies to claim incentives for these items.

As of January 31, 2025, beneficiaries of the PLI scheme have invested ₹4,081 crore and generated total sales of ₹78,672 crore, including export sales worth ₹14,963 crore. The scheme has also created employment for 26,351 people.

Stocks to Benefit from the Amendment in PLI Scheme

Name Sub-Sector Market Cap (₹ Crore) 5Y CAGR (%)
Tejas Networks Ltd Telecom Equipments 13,968.52 84.32
HFCL Ltd Telecom Equipments 11,941.48 54.52
ITI Ltd Telecom Equipments 25,157.94 35.70
Indus Towers Ltd Telecom Infrastructure 92,000.01 18.68

Note: The stocks mentioned above have been selected based on 5Y CAGR as of March 24, 2025, from the Nifty 500 Universe

Amendments to the PLI Scheme for Telecom Products

  • An additional 1% incentive for products that are designed, developed, and manufactured in India, aiming to promote design-led manufacturing.
  • The inclusion of 11 more products in the approved list is based on industry needs.
  • Flexibility for companies to add one or more products from the approved list at any time during the scheme’s duration.
  • The option for companies to apply for incentive claims on a quarterly basis.

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.

Pradhan Mantri Awaas Yojana-Gramin: Government Allocated ~₹2.50 Lakh Crore Since 2016

The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) has been a cornerstone of the Indian government’s efforts to address housing issues in rural areas, providing financial assistance to eligible families for the construction of homes. The scheme offers a helping hand to individuals and families living in rural regions, particularly in the plains and hilly areas, ensuring that they have access to a safe and secure place to live.

Financial Assistance Under PMAY-G

Under the scheme, financial support is provided to beneficiaries for building houses. The assistance is set at ₹1.20 lakh for families in plain areas and ₹1.30 lakh for those in North Eastern and hilly states, including the Union Territories of Jammu & Kashmir and Ladakh.

The funding pattern varies based on the geographical location of the states:

  • For the North Eastern Region (NER) and Himalayan states like Uttarakhand, Himachal Pradesh, and Jammu & Kashmir (UT), the funding is shared between the Centre and State in a 90:10 ratio.
  • For other states, the funding distribution is 60:40 (Centre: State).
  • Union Territories without a legislature are fully funded by the Centre, with 100% of the financial support provided.

Since the scheme’s inception on April 1, 2016, the Ministry has released a total of ₹2,49,569.76 crore to the States/UTs.

Additional Support for Beneficiaries

In addition to the primary housing assistance, PMAY-G also integrates with other government schemes to ensure holistic support for rural households:

  1. Unskilled Labour Wages: Beneficiaries are entitled to 90/95 man-days of unskilled labour wages through the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), promoting employment opportunities while simultaneously ensuring affordable labour for construction.
  2. Toilet Construction Support: To promote better sanitation, a financial aid of ₹12,000 is provided for the construction of toilets. This support is provided through the Swachh Bharat Mission – Gramin (SBM-G), MGNREGS, or any other dedicated source of funding.

Expanding the Reach of PMAY-G

In an ambitious move to further strengthen rural housing, the Union Cabinet has approved the proposal for the implementation of PMAY-G for the period of FY 2024-25 to 2028-29. This expansion will focus on the construction of an additional 2 crore rural houses, with an estimated financial outlay of ₹3.06 lakh crore.

Conclusion

PMAY-G is more than just a housing initiative—it’s a catalyst for rural empowerment, providing financial stability and dignity to families in rural India. With the continuation and expansion of the scheme, the government aims to provide safe, sustainable, and well-connected housing for underserved rural communities, contributing to India’s vision of housing for all.

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.

Brightcom Group Trading Suspension: No Clarity on Revoke of Suspension in Weekly Update

It has been over 9 months now since Brightcom Group shares have been in trading suspension and yet there is no clarity on the trading resumption. Even the weekly market update released on March 23, 2025, Brightcom Group does not include a definitive timeline for when its trading suspension will be revoked.

Key Takeaways from Brightcom Group Weekly Update

  • Brightcom Group stated that the National Stock Exchange (NSE) has finished its site visit and is awaiting more clarity from the Bombay Stock Exchange (BSE).
  • For the end of the trading suspension, the company stated” We understand the concern and hardship the suspension has caused to our investors. The company has also been impacted by this and we are doing all we can to revive trading. NSE has completed its site visit, and we are currently awaiting the decision from BSE. Brightcom Group continues to actively engage with the exchanges, and we are doing our utmost to expedite the process. This remains our top immediate priority, and we will communicate any updates promptly through official channels”
  • Earlier this year, the Brightcom Group had mentioned that its trading suspension would be revoked by the end of January, a shift from the earlier timeline of December 14 last year.

Commitment to Shareholders

The company reiterated its deep commitment to protecting the interests of all stakeholders. The company further added, “ These are trying times for the company — we sincerely request your patience and continued support”. The company remain focused on responsible legal and operational steps as it works through the challenges and critical regulatory obligations as necessary.

Conclusion

Brightcom Group’s shares were suspended from regular trading in June last year for failure to comply with the NSE master circular. The company has been under SEBI’s radar for the past two years. The company is being monitored by SEBI for violations of listing regulations, hiding information, and several other regulations.

 

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.