This Financial Services Company Announced Highest Dividend: Do You Own?

On April 25, 2025, the Board of Oracle Financial Services Software has approved an interim dividend of ₹265 per share with a face value of ₹5 each for FY25. The company has set the record date for determining eligible shareholders for this interim dividend as May 8, 2025. The dividend will be paid to shareholders on or before May 17, 2025.

Oracle Financial Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
May 07, 2024 Interim 240
May 09, 2023 Interim 225
May 13, 2022 Interim 190
May 17, 2021 Interim 200

Oracle Financial Q4FY25 Result

Oracle Financial Services has reported its financial results for the quarter and year ending March 31, 2025, showcasing a strong performance. In the fourth quarter, the company experienced a significant margin and profit beat. While the topline remained flat, margins expanded by 300 basis points, reaching 44.6%. Profit increased by 18-19% compared to the previous quarter.

For the full fiscal year 2025, the company saw notable growth on a consolidated basis. Revenue stood at ₹6,847 Crore, reflecting a 7% increase. Operating income grew by 12% to ₹3,007 Crore, and net income rose by 7%, reaching ₹2,380 Crore. The products business generated ₹6,214 Crore in revenue, up by 7%, while the services business reported a revenue of ₹632 Crore, reflecting an 8% growth.

Management Take on Q4FY25 Earnings

“We maintained strong operating performance with the operating margins of 44% for the full year, an improvement of 180 basis points over the previous fiscal year. All our lines of business – License, Support and Consulting- delivered strong growth during this fiscal year,” said Makarand Padalkar, Managing Director and Chief Executive Officer, Oracle Financial Services Software.

Also Read: Upcoming Dividends in May 2025: Infosys, Godrej Consumer, ABB India & More

Avadhut Ketkar, Chief Financial Officer, Oracle Financial Services Software, said, “We maintained the focus on delivering robust operating performance on all parameters. Revenue in Fiscal 2025 grew by 7% over the very strong growth of Fiscal 2024, and the net margin was 35% – and this was achieved with a modest 1.5% growth in the headcount during the fiscal year. For the quarter ended March 2025, revenue increased by 4% over the corresponding quarter last fiscal and the net income increased by 15%, with a net margin of 38%. Our accounts receivable are healthy, with the Days of Sales Outstanding (DSO) of 58 days.”

 

 

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 Traded Higher on April 28: FIIs Buying and Weaken Dollar Drove the Rally

On Monday, April 28, 2025, Benchmark indices BSE Sensex saw a strong recovery, making a decisive comeback from the previous session’s weakness. As of 12:25 PM, BSE Sensex was up 1.26% to 80,207.24 and touched the high of 80,088.89. All broader market indices were firmly in the green, indicating robust investor sentiment.

On BSE Sensex, Reliance Industries, M&M, SBI, and ICICI Bank saw gains of 1–2%, while HCL Tech, Nestle India, Maruti Suzuki, Asian Paints, and UltraTech Cement traded lower.

Reliance Industries emerged as the top performer after reporting a Q4FY25 that exceeded estimates, fueled by strong growth in its retail and digital services segments.

With the exception of Nifty IT, all sectoral indices were in the green, with the Nifty PSU Bank, Consumer Durables, Oil & Gas, and Private Bank indices surging over 1%.

Why BSE Sensex Traded Higher on April 28?

  • FII Inflows Strengthen Market Sentiment: A significant driver of market stability has been the consistent buying by Foreign Institutional Investors (FIIs), with a total of ₹32,465 crore invested over the past eight days.
  • Weaker Dollar Enhances Emerging Market Outlook: The weakening US dollar has also played a crucial role in boosting investor sentiment in emerging markets like India. A softer dollar typically leads to higher foreign inflows and provides support to the rupee. As of Monday, the dollar index stood at 99.60, down from 109.88 in early February. This decline has increased risk appetite, especially in sectors like metals that are sensitive to currency movements.
  • Crude Oil Prices Ease Inflationary Pressures: Crude oil prices remained below $67 per barrel on Monday, helping to ease inflationary concerns. Brent crude was priced at $66.06, while U.S. West Texas Intermediate stood at $63.34.
  • Global Market Outlook: Meanwhile, Asian markets inched higher, starting the day cautiously amid ongoing uncertainty regarding US trade policy.

 

 

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 Prices Trade Higher: Check Rates in Your City on April 28, 2025

Gold and silver prices witnessed a drop in both the global and domestic markets on April 28, 2025. In the international market, spot gold prices fell by 1.29%, reaching $3,289.47 as of 11:53 AM. In the domestic market, gold prices have dropped by nearly ₹280. Turning to silver prices, there was a drop of 0.53% to ₹96,180 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹9,480 per gram, while 22-carat gold now costs ₹8,690 per gram. In Delhi, the price of 22-carat gold is currently ₹86,753 per 10 grams, while 24-carat gold is trading at ₹94,640 per 10 grams.

The gold prices in India will be in focus on April 30, 2025, on account of Akshaya Tritiya 2025, where buying gold is considered a tradition.

Gold Prices Across Major Indian Cities on April 28, 2025

Here is a detailed breakdown of gold prices as of April 28, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 95,070 87,148
Bangalore 94,870 86,964
Kolkata 94,670 86,781

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 95,970
Delhi 95,800
Kolkata 95,840
Chennai 96,240

Conclusion

Both gold and silver prices have shown a drop from the record highs, reflecting a downward momentum in both domestic and international markets on April 28, 2025. With gold dropping by nearly ₹280 in the domestic market and silver witnessing a ~₹530 fall 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.

Why Gold Prices Dropped Over 1% in International Market?

On Monday, April 28, 2025, gold prices saw a significant drop as easing tensions between the US and China improved investor sentiment, leading to reduced demand for safe-haven assets. Spot gold fell 1.4%, closing at $3,272.89 per ounce by 0220 GMT, down from its record high of $3,500.05 per ounce on April 22. Likewise, US gold futures decreased by 0.4%, settling at $3,283.70 per ounce.

In India, gold prices mirrored the global trend. The price of 24-karat gold is currently ₹98,200 per 10 grams, while 22-karat gold is priced at ₹90,010 per 10 grams. 18-karat gold is available for ₹73,650 per 10 grams.

Why Did Gold Prices Saw Major Drop Today?

  • The strengthening of the US dollar exerted additional pressure on gold prices. The dollar index climbed by 0.3%, making gold more expensive for international buyers.
  • Rising optimism surrounding a potential US-China trade agreement diminished gold’s appeal as a safe-haven investment.

Gold Price Returns This Year

Gold has surged over 30% this year in both domestic and global markets, driven by a decline in confidence in dollar assets, stemming from Trump’s aggressive tariffs and ongoing uncertainty over his trade policies. This increased demand for traditional safe-haven commodities like gold.

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

The US introduced a universal 10% baseline tariff on all imports, with additional tariffs imposed on specific countries, including China, Vietnam, Japan, India, South Korea, and the European Union. These tariffs are largely aimed at addressing trade imbalances.

 

 

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 Filed Compliant Against Gensol Engineering with EoW

In light of recent developments concerning Gensol Engineering Ltd, its promoters, and associated companies, the Indian Renewable Energy Development Agency Limited (IREDA) has initiated an internal review in accordance with RBI guidelines and its due diligence procedures. While Gensol’s account is under stress, it has not been classified as a Non-Performing Asset (NPA). The Investigation and Risk Committees of IREDA are actively investigating the situation.

Appropriate actions related to collateral management and recovery will be determined based on the review’s findings.

IREDA Took Action on Gensol Engineering

Regarding communications from credit rating agencies about alleged falsified documents, IREDA has clarified that it did not issue the letters referenced. Additionally, the promoters have diluted their shareholding without lender approval, which constitutes a breach of contract. Consequently, IREDA filed a complaint with the Economic Offences Wing (EoW) on April 24, 2025, regarding these issues.

IREDA remains committed to acting responsibly and will provide updates to all stakeholders once the assessment is complete. In the meantime, IREDA urges all parties to refrain from speculation while the investigation is ongoing.

IREDA Q4FY25 Results Overview

IREDA reported a 49% increase in its standalone profit after tax, reaching ₹502 crore for the quarter ended March 31, 2025. As per the company’s statement, revenue from operations for the January-March period surged by 37% year-on-year (Y-o-Y), totalling ₹1,904 crore. For the full financial year 2024-25, IREDA achieved its highest-ever annual profit after tax, amounting to ₹1,699 crore—an impressive 36% increase compared to the previous year. The company’s operational revenue for the year also saw a robust 36% growth, reaching ₹6,742 crore.

Also Read: IREDA Share Rises After 49% Jump in Q4 Profit to ₹501.55 Crore

Conclusion

IREDA’s action on Gensol Engineering showcases the company’s stratgic approach as it initiated an internal review in accordance with RBI guidelines and its due diligence procedures.

 

 

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 Tejas Networks Share Price Fell Over 10%?

On April 28, 2025, Tejas Networks share price slumped over 10% in the morning trade, reaching a day low of ₹726.10 at 09:40 AM after opening at ₹726.10. The fall in Tejas Networks share price follows the release of Q4FY25, wherein the company posted a loss during the period.

Tejas Network Q4FY25 Results

For Q4 FY25, the net revenue reached ₹1,907 Crore, reflecting a 1.4x year-on-year (YoY) increase. For the full fiscal year (FY25), net revenue stood at ₹8,923 Crore, demonstrating a 3.6x YoY growth. However, the Profit After Tax (PAT) for Q4 FY25 was a loss of ₹72 Crore, while the FY25 PAT amounted to ₹447 Crore. At the end of Q4, Tejas Networks’ order book stood at ₹1,019 Crore.

Key Business Achievements

Tejas Networks achieved several significant milestones during Q4 FY25. Notably, the company successfully completed the supply of radio and baseband equipment for all 100,000 sites in BSNL’s 4G/5G network, showcasing its capability in large-scale deployments. Additionally, Tejas Networks delivered one of the largest single-vendor Radio Access Networks (RAN) in the world in record time.

Tejas also signed a technology collaboration agreement with NEC, Japan, focusing on the development of advanced wireless RAN and Core technologies, along with a joint go-to-market strategy. The company secured key wins for its cutting-edge Optical, PTN, and FTTx products, which are essential in mobile backhaul, broadband services, and power utility networks. Furthermore, Tejas expanded its sales footprint across the Americas, EMEA (Europe, Middle East, and Africa), and ANZ (Australia and New Zealand).

In FY25, Tejas Networks marked its 25th anniversary, a significant milestone in its journey. In light of the company’s strong performance, the Board recommended a 25% dividend (₹2.5 per share), subject to shareholder approval. The company also received substantial Production-Linked Incentive (PLI) incentives, with ₹123 Crore for FY24 and ₹189 Crore for the first tranche of H1 FY25.

FY25 Revenue Mix and Performance Breakdown

Tejas Networks’ revenue composition for FY25 reflected a notable shift in business dynamics. The India-Government segment saw a decline of 66% YoY, contributing just 3% to total revenue. In contrast, the India-Private sector experienced remarkable growth, with a 6x YoY increase, primarily driven by BSNL 4G-related shipments to TCS. This segment contributed 94% to the total revenue. The International segment accounted for 3% of the total revenue, marking an 18% YoY growth, with key shipments to the US, Africa, and South Asia.

Tejas Networks’ closing backlog stood at ₹1,019 Crore, with ₹915 Crore in India and ₹104 Crore in international markets.

Tejas Networks Outlook for FY26

Tejas Networks has significantly expanded its product portfolio in FY25, increasing its addressable market. Key developments include support for 5G over multiple bands, advanced 5G maMIMO radios, and the acquisition of a field-proven 4G/5G Core. The company has also expanded its IP/MPLS router family and enhanced its Optical portfolio with 800G/1.2T DWDM systems, alongside the addition of XGSPON products to its FTTx portfolio.

Also Read: Tejas Networks Share Price Rise 4% on ₹123 Crore PLI Incentive

Looking ahead to FY26, the global markets for these product segments are projected to grow. Tejas Networks has a strong domestic pipeline, including large projects in the government sector. Additionally, new customer acquisitions and applications in both private and government sectors are expected to drive further growth. The partnership with NEC positions Tejas to access global customers through joint go-to-market efforts. The expanded global sales footprint and initial strategic wins will provide strong momentum for increasing Tejas Networks’ international business.

 

 

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.

Airline Stocks in Focus: Indigo Led the Industry with 64% Market Share

Indian airlines carried a total of 1.45 crore (14.54 million) domestic passengers in March 2025, marking an 8.79% increase compared to the same period last year, according to official data released on Saturday. In March 2024, Indian carriers had flown 1.33 crore (13.37 million) passengers.

“Domestic airlines in India transported 145.42 lakh passengers in March 2025, up from 133.68 lakh during the corresponding month in 2024,” stated the Directorate General of Civil Aviation (DGCA) in its monthly passenger traffic report.

Among individual carriers, IndiGo led the market by flying 93.1 lakh passengers, securing a dominant 64% share. The Air India Group—which includes full-service Air India and budget carrier Air India Express—carried 38.8 lakh passengers, accounting for 26.7% of the total market.

Other key players included Akasa Air, which transported 7.2 lakh passengers (5% market share), and SpiceJet, which carried 4.8 lakh passengers (3.3% share).

Also Read: Air India in Talks to Acquire 10 Boeing 737 MAX Jets Rejected by China

In terms of punctuality, IndiGo topped the charts with an on-time performance (OTP) of 88.1% for March 2025. It was closely followed by Akasa Air at 86.9%. The Air India Group recorded an OTP of 82%, while SpiceJet trailed at 72.1%. These OTP figures are based on data from the four major metro airports: Bengaluru, Delhi, Hyderabad, and Mumbai.

 

 

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 IPOs This Week: Ather Energy IPO Set to Open on April 28

The Indian IPO market is gearing up for a comeback, with a new mainboard initial public offering (IPO) set to open for subscription this week—marking the first such listing in over a month.

In addition to the mainboard IPOs, 4 IPOs from the small and medium enterprise (SME) segment are also scheduled to open.

As per reports, Q1FY25 saw a notable slump in IPO activity, reflecting subdued public market sentiment. Compared to previous periods, IPO volumes dropped by 41% and total capital raised declined by 77%. Only 16 IPOs were launched during the quarter, raising a cumulative USD 2.6 billion—the second-lowest volume recorded in the last seven quarters.

Here is a list of upcoming IPOs this week:

Mainboard IPO

Ather Energy IPO

  • Subscription period: April 28 to April 30
  • Issue size: ₹2,981.06 crore (₹2,626.30 crore via fresh issue of 8.18 crore shares + ₹354.76 crore via offer for sale of 1.11 crore shares)
  • Price band: ₹304 to ₹321 per share
  • Lead Managers: Axis Capital, HSBC Securities, JM Financial, Nomura
  • Registrar: Link Intime India Pvt Ltd

SME IPOs

Iware Supplychain Services IPO

  • Subscription period: April 28 to April 30
  • Issue size: ₹27.13 crore (entirely fresh issue of 28.56 lakh shares)
  • Price: ₹95 per share (fixed price)
  • Lead Manager: GetFive Advisors Pvt Ltd
  • Registrar: KFin Technologies Ltd
  • Market Maker: SMC Global Securities Ltd

Arunaya Organics IPO

  • Subscription period: April 29 to May 2
  • Issue size: ₹33.99 crore (₹30.51 crore via fresh issue of 52.60 lakh shares + ₹3.48 crore via offer for sale of 6 lakh shares)
  • Price band: ₹55 to ₹58 per share
  • Lead Manager: Unistone Capital Pvt Ltd
  • Registrar: Bigshare Services Pvt Ltd
  • Market Maker: R.K. Stock Holding Pvt Ltd

Kenrik Industries IPO

  • Subscription period: April 29 to May 6
  • Issue size: ₹8.75 crore (entirely fresh issue of 34.98 lakh shares)
  • Price: ₹25 per share (fixed price)
  • Lead Manager: Turnaround Corporate Advisors Pvt Ltd
  • Registrar: Skyline Financial Services Pvt Ltd
  • Market Maker: MNM Stock Broking Pvt Ltd

Wagons Learning IPO

  • Subscription period: May 2 to May 6
  • Issue size: ₹38.38 crore (₹25.26 crore via fresh issue of 30.80 lakh shares + ₹13.12 crore via offer for sale of 16 lakh shares)
  • Price band: ₹78 to ₹82 per share
  • Lead Manager: Khandwala Securities Ltd
  • Registrar: Cameo Corporate Services Ltd
  • Market Maker: Rikhav Securities Ltd

Also Read: Marriott Hotel Operator Prestige Hospitality Files DRHP; ₹1,000-Crore Stake Sale by Prestige Estates on Cards

Conclusion

The primary market is set for a comeback with launch of Ather Energy IPO on mainboard and 4 other public offerings of SME platform.

 

 

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.

RIL Shares in Focus: PAT Rose Over 6% in FY25, Proposed Dividend of ₹5.5 Per Share

On April 28, 2025, Reliance Industries shares will be in focus as the Mukesh Ambani-led conglomerate spanning oil, telecom, and retail sectors announced its Q4 FY25 results on Friday after market close. During Q4FY25, RIL reported a 6% YoY increase in its consolidated profit to ₹22,434 crore, compared to ₹21,143 crore in the same period last year. 

The Oil-to-Chemicals (O2C) segment saw an 11.0% year-on-year growth in revenue, driven by higher volumes and increased domestic product placements. Key products such as gasoline (+42%), gasoil (+33%), and ATF (+62%) contributed significantly to this growth. Additionally, the Oil and Gas segment experienced a 3.2% increase in revenue, supported by higher production volumes from the KGD6 and CBM blocks. RIL proposed a dividend of ₹5.5 per share, which is subject to approval. 

Reliance Jio Annual Performance 

Jio’s operating revenue grew at a double-digit rate, backed by tariff hikes in mobility services, an improved subscriber mix from the expansion of home connects, and growth in digital services. The company saw strong EBITDA growth, supported by higher revenue and consistently healthy margins. The increase in depreciation was attributed to higher network utilization and the addition of assets to the gross block. The growth in PAT was a direct result of the substantial EBITDA expansion. 

Jio’s quarterly operating revenue showed robust growth, driven by the effects of tariff revisions for mobility services and continued expansion in home and digital services. EBITDA growth was similarly strong, fuelled by both healthy revenue growth and margin improvements. 

The average revenue per user (ARPU) continued its upward trajectory, rising to ₹206.2, benefiting from the impact of the tariff hikes and an improved subscriber mix, despite being slightly affected by fewer days in the quarter. Customer engagement remained robust, with per capita data consumption reaching 33.6 GB per month, and total data traffic growing by 19.6% YoY during 4Q FY25. 

Reliance Retail Ventures Q4FY25 Results 

Reliance Retail Ventures posted a strong performance, with revenue from operations growing 16.3% YoY to ₹78,622 crore. PAT for the quarter climbed 29.1% YoY to ₹3,545 crore, while EBITDA rose 14.3% YoY to ₹6,711 crore. However, the EBITDA margin saw a slight decline of 20 basis points YoY, settling at 8.5% for the quarter. 

Also Read: Reliance Share Price Hits 4-Month High Ahead of Q4FY25 Results 

Conclusion 

Reliance Industries saw FY25 as a challenging year for the global business environment, with weak macro-economic conditions and a shifting geo-political landscape. 

 

 

 

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. 

Akshaya Tritiya 2025: Check Puja Mahurat, Significance & Gold Buying Tradition

Akshaya Tritiya, also known as Akha Teej, is a significant Hindu festival symbolising wealth, prosperity, and new beginnings. In 2025, it will be observed on Wednesday, April 30. This sacred day falls on the third lunar day (Tritiya) of the Shukla Paksha in the month of Vaishakha.

Akshaya Tritiya is one of those rare occasions where no specific muhurat is needed to start something new. Be it beginning a business, making an investment, or starting a new venture—anything initiated on this day is believed to bring lasting success.

Passed down through generations, the custom of buying gold and performing sacred rituals on Akshaya Tritiya is deeply woven into the fabric of Indian tradition, making it one of the most auspicious days of the Hindu calendar.

Akshaya Tritiya Mahurat

  • Tritiya Tithi Starts: April 29, 2025, at 5:31 PM
  • Tritiya Tithi Ends: April 30, 2025, at 2:12 PM
  • Puja Muhurat: April 30, 2025, from 5:40 AM to 12:18 PM

Significance of Gold Buying on Akshaya Tritiya

One of the most popular traditions associated with Akshaya Tritiya is buying gold, which is seen as a symbol of eternal wealth and prosperity. Gold purchases on this day are not just transactions; they carry deep cultural and spiritual significance. Whether it’s gold coins, jewellery, or digital gold, people across India participate in this tradition with great enthusiasm. Jewellery stores often witness a surge in customers, all hoping to secure good fortune.

 

 

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.