IndusInd Bank Share Price in Focus: Rose Over 12% in Past 8 Trading Session

On February 5, 2025, IndusInd Bank share price continued the gaining streak for the 8th continuous trading session. IndusInd Bank share price opened at ₹1,054.95 and touched the day high of ₹1,078.50, reflecting a gain of 2.58% at 11:50 AM. In the past few days, IndusInd Bank share price has surged over 12% cumulatively.

IndusInd Bank Q3FY25 Performance

For the quarter ending December 31, 2024, the bank reported a Net Interest Income (NII) of ₹5,228 crores, slightly lower than ₹5,296 crores for the same period in 2023. The Net Interest Margin (NIM) for Q3 of FY25 stood at 3.93%, down from 4.29% in Q3 of FY24 and 4.08% in Q2 of FY25. The yield on assets for the quarter was 9.63%, compared to 9.75% in the previous year, while the cost of funds increased to 5.70% from 5.46% in the same period last year. Other income was ₹2,355 crores, marginally lower than ₹2,396 crores in the corresponding quarter of the previous year, with core fee income decreasing to ₹2,123 crores from ₹2,165 crores. Operating expenses also saw a rise, totaling ₹3,982 crores, up by 9% from ₹3,649 crores in Q3 of FY24.

Regarding asset quality, Gross Non-Performing Assets (NPAs) stood at 2.25% of gross advances as of December 31, 2024, an increase from 2.11% in September 2024, while the Net NPA ratio was 0.68% compared to 0.64% in the prior quarter. The Provision Coverage Ratio remained stable at 70%, with provisions and contingencies (excluding tax) for the quarter at ₹1,744 crores, a significant rise from ₹969 crores in the previous year. Total loan-related provisions as of December 31, 2024, were ₹8,792 crores, representing 2.4% of the loan book.

Management Take

According to MD and CEO Sumant Kathpalia, IndusInd Bank’s vehicle finance segment is poised for its best quarter in January-March 2025. Following a tough first half of the year, the sector is now experiencing a strong recovery, with disbursements totalling ₹13,300 crore in the previous quarter. This sustained growth in vehicle finance is expected to play a key role in driving the bank’s retail expansion.

 

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.

NCC Shares Extended Gains for 2nd Straight Trading Session

On February 5, 2025, NCC share price extended the gain for the second straight session with a rise of ~3%, reaching the day high of ₹246.80 at 11:25 AM after opening at ₹232.95. The increase in NCC share price follows the gain of over 7% on February 4, 2025. The shares of NCC Limited are trading below the 52-week low-high average, where the 52-week high stands at ₹364.50 and while 52-week low is at ₹200.95

NCC Business Highlights

NCC Limited has received an order valuing ₹424.79 Crores (Excluding GST) in January 2025. The order is related to the Transportation Division is received from the State Government and does not include any internal order

NCLT approved the proposed Scheme of Arrangement between NCC Infrastructure Holdings Limited (the Transferor Company) and NCC Limited (the Transferee Company) and their respective Shareholders.

NCC Q2FY25 Summary

During Q2FY25, NCC reported more than double growth in profit, driven by increased order inflows. For the quarter ending September 30, consolidated net profit grew to 1.63 billion rupees ($19.3 million), compared to 773.4 million rupees in the same period last year. Revenue from operations increased by 10.1%, reaching ₹51.96 billion. Total expenses also rose by 7.6%, totaling ₹49.74 billion. However, the cost of materials consumed, which makes up more than a third of expenses, decreased by 1.2%.

 

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.

Manba Finance Shares to Trade Ex-Date on February 05: Interim Dividend of ₹0.25

On February 05, 2025, Manba Finance shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹0.25 interim dividend.

Manba Finance Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Nov 04, 2024 Interim 0.25

Manba Finance Q3FY25 Highlight 

Manba Finance Limited has reported its financial results for Q3 FY25, which show strong growth. Revenue significantly increased to ₹68.87 Crore in Q3 FY25 from ₹48.07 Crore in Q3 FY24, a year-on-year growth of 43.26%. EBITDA for the quarter reached ₹43.58 Crore, reflecting a 58.28% growth compared to the previous year.

Manba Finance Limited (MFL) has achieved several significant milestones, including an upgraded credit rating outlook from CARE Ratings Limited, raising its rating from BBB+ (Stable) to BBB+ (Positive). The company also formed a strategic partnership with Piaggio Vehicles Pvt Ltd, signing an MoU to provide tailored financing solutions for 3-wheelers, aiding India’s transition to electric vehicles and supporting entrepreneurship, especially for women. The company achieved a record disbursement of ₹326.72 crores, surpassing the ₹253.10 crores from the previous quarter, and reported a strong net interest income of ₹36.09 crore.

 

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.

Top High Volatile Stocks for February 2025 Based on Beta: IndusInd Bank, Adani Total Gas and More

Investing in highly volatile stocks is like steering a ship through rough waters. These stocks experience sharp price swings in a short amount of time, presenting the potential for both large gains and considerable risks. In this blog, we will explore the top highly volatile stocks for Feb 2024 based on beta.

High Volatile Stocks For Feb 2025 – Based on Beta

Company Name Market Cap (In ₹ Crore) Beta
Sterling and Wilson Renewable Energy Ltd 7,726.33 2.50
Sammaan Capital Ltd 11,498.06 2.43
Poonawalla Fincorp Ltd 23,991.72 2.39
IndusInd Bank Ltd 77,219.60 2.34
Adani Total Gas Ltd 70,728.79 2.24

Note: The stocks mentioned above have been selected from the Nifty 500 universe and sorted based on beta value as of February 03, 2025.

Overview of 5 High Volatile Stocks

1. Sterling and Wilson Renewable Energy Ltd

Sterling and Wilson Solar Ltd is one of the leading end-to-end solar engineering, procurement and construction (EPC) solutions providers globally and is also engaged in the operation and maintenance (O&M) of solar power projects. The company reported an unexecuted order value of ₹10,167 crore as of December 2024 against ₹8,084 crore as of Mar 2024. The company has received two new orders/LOA in two domestic projects worth ~₹1,465 crore in Q3FY25

Key Metrics:

  • Return on Equity (ROE): -56.7%
  • Return on Capital Employed (ROCE): 3.77%

2. Sammaan Capital Ltd

Sammaan Capital Ltd is engaged in the business of providing home loans and loans against property. It also provides corporate mortgage loan-lease rental discounting and residential construction finance. The company has a beta of 2.43, which means that the price swings more wildly than the overall market.

Key Metrics:

  • ROE: 6.56%
  • ROCE: 10.1%

3. Poonawalla Fincorp Limited

Poonawalla Fincorp Limited is engaged in providing consumer and MSME financing, as well as General Insurance Services. During Q3FY25, the company reported consistent growth in AUM led by the right product mix and secured on-book mix at 54%. The company recorded consistent growth in Net Interest Income and PPoP despite the increase in the share of secured loans.

Key Metrics:

  • ROE: 13.9%
  • ROCE: 10.8%

4. IndusInd Bank Limited 

IndusInd Bank Limited is a commercial bank under the Banking Regulation Act 1949, which provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. The bank has made specific provisions amounting to ₹ 5,809 crores towards non-performing accounts, which contributes to the Provision Coverage Ratio (PCR). Additionally, floating provisions of ₹ 70 crores have been allocated towards PCR, and standard contingent provisions stand at ₹ 1,325 crores, which are surplus to the PCR. Furthermore, provisions for standard assets, excluding contingent provisions, are ₹ 1,588 crores.

Key Metrics:

  • ROE: 15.2%
  • ROCE: 7.93%

5. Adani Total Gas Ltd (ATGL)

Adani Total Gas Limited is engaged in the City Gas Distribution (CGD). In Q3FY25, the company made significant strides in its operational performance. The number of CNG stations was increased to 605 with the addition of 28 new stations, expanding its reach. The PNG home connections grew to 9.22 lakh, with 28,677 new households brought on board. Industrial and Commercial connections also saw growth, reaching 8,913 with the addition of 167 new consumers..

Key Metrics:

  • ROE: 20.5%
  • ROCE: 21.2%

Factors to Consider Before Investing in High Volatile Stocks

  1. Risk Tolerance: Evaluate how well you can handle large price swings. If you’re someone who prefers stability, high-volatility stocks may not be the best fit.
  2. Investment Horizon: High-volatility stocks are generally better suited for long-term investors who can endure market ups and downs. Short-term investors might find them too unpredictable.
  3. Diversification: Spread your investments across a variety of stocks, mixing both high and low-volatility options to better manage overall risk.

 

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.

Praj Industries Shares Extended Loss for 12th Straight Trading Session

Praj Industries share price extended loss for the 12th straight session with a fall of ~6% on February 03, 2025. Praj Industries share price opened at ₹624.80 and touched the day low of ₹583.00 at 12:55 PM. In the past 12 trading days, the shares of Praj Industries have slumped over 25%.

Praj Industries Q3FY25 Highlights

Praj Industries (Praj) announced its unaudited financial results for the quarter and nine months ending December 31, 2024. For Q3 FY25, the company reported an income from operations of ₹8,530.279 million, showing an increase from ₹8,161.92 million in Q2 FY25 but a slight decline compared to ₹8,286.22 million in Q3 FY24. Profit After Tax (PAT) was reported at ₹411.044 million, down from ₹538.310 million in Q2 FY25 and ₹704.143 million in Q3 FY24. The company also reported a strong order intake of ₹10,530 million during the quarter, surpassing both the previous quarter (₹9,210 million) and the same quarter last year (₹10,370 million).

In terms of key developments, Praj celebrated the inauguration of India’s first National Highway constructed using Bio-Bitumen developed by the company, with the project launched by Hon’ble Minister Shri Nitin Gadkari. This bio-bitumen, blended with 15% lignin, has the potential to reduce greenhouse gas emissions by 70% compared to conventional fossil-based bitumen.

Additionally, Praj’s board approved the formation of a joint venture with BPCL to set up Compressed Bio-Gas (CBG) plants across India, a move previously endorsed by BPCL’s board. The company also secured a significant international order for the establishment of a 50 KLPD Molasses to Ethanol plant in Tanzania, Africa.

Praj Management Take on Q3 Performance

Commenting on the Company’s performance, Mr Shishir Joshipura, CEO & MD of Praj Industries said, “ “Our performance this quarter reflects the resilience of the business in the face of challenges on account of global volatility and uncertainty in the economy. On the strategic vectors, the company continues its positive journey as reflected in the growing order book as well as the constitution of orders in favour of increasing international business. Initial delays in readying the Mangalore facility have impacted the planned business activity for the GenX business in the current year, which we expect to recover as we move forward through the next financial year.”

 

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.

Mid-Day Top Gainers and Losers on February 03, 2025: ITC Hotels and Bajaj Finance Led Gainers

On February 03, 2025, as of 12:10 PM, the BSE Sensex was down 0.62% at 77,031.33, while the Nifty 50 was down 0.76% at 23,304.25. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
ITCHOTELS 169.35 179.28 167 177.6 4.01
BAJFINANCE 7,922.20 8,274.00 7,921.05 8,261.65 3.27
BAJAJFINSV 1,735.00 1,805.00 1,733.35 1,798.75 2.55
M&M 3,056.60 3,150.10 3,044.75 3,149.45 2.36
EICHERMOT 5,575.00 5,575.50 5,406.90 5,504.05 2.11

ITC Hotels

ITC Hotels shares saw a strong rise of ₹8.25, closing at ₹177.6, with a 4.01% increase from its opening at ₹169.35.

Bajaj Finance

Bajaj Finance shares gained ₹339.45, closing at ₹8,261.65, a 3.27% rise from the opening at ₹7,922.20.

Bajaj Finserv

Bajaj Finserv shares climbed ₹63.75 from ₹1,735.00, reaching a high of ₹1,805.00, with a 2.55% gain.

M&M

M&M shares increased ₹92.85 from ₹3,056.60, peaking at ₹3,150.10, showing a 2.36% rise..

Eicher Motors

Eicher Motors shares gained ₹57.05 from the opening of ₹5,575.00, touching a high of ₹5,575.50, marking a 2.11% increase.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
BEL 277.85 277.85 263.3 269.1 -4.51
LT 3,420.00 3,420.00 3,285.05 3,296.05 -4.39
ONGC 255.6 256.35 244.85 246.7 -4.21
NTPC 310.1 314.05 304 305.95 -3.7
BPCL 250.95 251.8 242.2 246.35 -3.64

BEL

BEL shares dropped ₹18.50 from its open of ₹277.85, reaching a low of ₹263.30, reflecting a 4.51% decline

L&T

L&T shares fell ₹134.95 from ₹3,420.00, hitting a low of ₹3,285.05, marking a 4.39% decrease.

ONGC

ONGC shares lost ₹12.70 from the opening of ₹255.60, hitting a low of ₹244.85, a 4.21% drop.

NTPC

NTPC shares dropped ₹13.70 from ₹310.10, reaching a low of ₹304.00, showing a 3.7% decline.

BPCL

BPCL shares saw a decrease of ₹8.75 from ₹250.95, with a low of ₹242.20, marking a 3.64% drop.

 

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.

Hero MotoCorp Shares Fell Over 2% Despite Reporting Growth in Jan 2025 Sales

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold a total of 4,42,873 units in January 2025. Of this, 4,12,378 units were dispatched in the domestic market, while the company’s global business saw strong momentum with 30,495 units, marking a 141% growth compared to January 2024.

Sales Growth Driver

The robust growth in global sales was fueled by high demand in key markets such as Bangladesh and Colombia, contributing significantly to the company’s overall performance. Hero MotoCorp’s electric vehicle (EV) brand, VIDA, dispatched 6,669 units of its newly launched VIDA V2 electric scooter in January 2025. The VIDA V2 is priced starting at ₹96,000.

New Product Launches in January 2025

Hero MotoCorp introduced five new products across multiple segments in January 2025. The company bolstered its presence in the premium motorcycle segment with the launch of the Xtreme 250R and Xpulse 210. Additionally, Hero MotoCorp expanded its scooter portfolio with the new Destini 125, Xoom 125, and the maxi scooter Xoom 160.

Hero MotoSports Team Rally, the motorsports division of Hero MotoCorp, achieved an impressive 7th place finish in the Dakar Rally 2025. This was the team’s second-best performance in the past nine years, following their remarkable 2nd-place finish in 2024.

On February 3, 2025, Hero MotoCorp share price opened at ₹4,439.80 and touched the day low of ₹4,286.05, reflecting a fall of 2.47% against the previous close.

 

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.

Union Budget 2025: MoD Received Highest Budget Allocation Among All Ministries

Finance Minister Nirmala Sitharaman has allocated ₹6,81,210.27 crore for the Ministry of Defence (MoD) in Union Budget 2025 for FY 2025-26. This is a 9.53% increase compared to the Budgetary Estimate for FY 2024-25 and represents 13.45% of the total Union Budget, the highest share among all ministries.

Of this allocation, ₹1,80,000 crore (26.43%) is dedicated to Capital Outlay for Defence Services, while ₹3,11,732.30 crore (45.76%) is allocated for the Armed Forces’ Revenue expenditures. Defence Pension receives ₹1,60,795 crore (23.60%), and the remaining ₹28,682.97 crore (4.21%) is designated for civilian organizations under MoD.

The Ministry has declared FY 2025-26 as the ‘Year of Reforms’ to enhance the modernisation of the Armed Forces and streamline the Defence Procurement Procedure to ensure efficient use of funds.

Capital Outlay Plan by MoD

In light of evolving global security dynamics, the Indian Armed Forces require cutting-edge technology to stay combat-ready. To address this, ₹1,80,000 crore has been earmarked for Capital Outlay, a 4.65% increase from FY 2024-25’s Budgetary Estimate. Of this, ₹1,48,722.80 crore will be spent on Capital Acquisition for modernizing the Armed Forces, while ₹31,277.20 crore will go towards Research & Development and infrastructure development.

Since FY 2020-21, the MoD has focused on bolstering domestic industries and self-reliance. As part of this, 75% of the modernisation budget—₹1,11,544.83 crore—will be used to procure goods from domestic sources, with 25% (₹27,886.21 crore) allocated for procurement from domestic private industries.

Operational and Sustenance Budget

Revenue expenditure will cover pay, allowances, and the operational readiness of the Armed Forces, with ₹3,11,732.30 crore allocated for this purpose—a 10.24% increase over FY 2024-25. Of this, ₹1,14,415.50 crore is allocated for non-salary expenses, including the procurement of ration, fuel, and maintenance of equipment. This increase accounts for additional deployments and extended operational requirements, including those at border areas, and the hiring of vessels and aircraft.

A significant portion of the revenue budget, ₹1,97,317.30 crore, will be allocated for pay and allowances for personnel, with any additional needs to be addressed during the mid-year review.

Enhanced DRDO Allocation

The Defence Research and Development Organisation (DRDO) sees an increase in its budget to ₹26,816.82 crore for FY 2025-26, a 12.41% increase over the previous year. A major portion, ₹14,923.82 crore, will fund capital expenditures and R&D projects, reinforcing DRDO’s capacity to develop new technologies and collaborate with private industry partners. This will also support the development of deep technology in the defence sector.

Promoting Start-up Ecosystem for Defence Innovation

To foster self-reliance in defence technology and promote innovation, ₹449.62 crore has been allocated to the iDEX scheme, which includes the Acing Development of Innovative Technologies with iDEX (ADITI) sub-scheme. This marks a nearly threefold increase in two years, highlighting the government’s commitment to enhancing the start-up ecosystem in the defence sector.

Support for Ex-Servicemen Welfare

The government has allocated ₹8,317 crore for the Ex-Servicemen Contributory Health Scheme (ECHS), a 19.38% increase over the previous year. This funding ensures high-quality healthcare for veterans and their families. Additionally, ₹1.61 lakh crore has been allocated for Defence Pension, a 13.87% increase, reflecting the government’s commitment to supporting ex-servicemen and their dependents.

Capital Budget for the Indian Coast Guard

The Indian Coast Guard (ICG) receives a 26.50% increase in its budget, with ₹9,676.70 crore allocated across Capital and Revenue heads. The capital budget increases by 43%, from ₹3,500 crore in FY 2024-25 to ₹5,000 crore in FY 2025-26, enabling the acquisition of advanced equipment like helicopters, aircraft, and patrol vessels. The revenue budget has been increased to ₹4,676.70 crore to cover additional operational costs.

Strengthening Border Infrastructure

To improve border infrastructure, the Border Roads Organisation (BRO) has been allocated ₹7,146.50 crore—9.74% more than the previous year’s allocation. This funding will support the construction of tunnels, bridges, and roads in strategically important areas. It will also contribute to local economies by creating jobs and promoting skill development through the employment of local youth.

 

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.

SEBI Proposes Unique UPI System to Combat Fraud in Securities Market

The capital market regulator, the Securities and Exchange Board of India (SEBI) is working on a new system to ensure secure and efficient payments in the securities market via the Unified Payments Interface (UPI). This initiative aims to help differentiate legitimate financial intermediaries from fraudsters.

As part of the proposed system, SEBI plans to create a unique UPI address for registered market intermediaries, making it easier for investors to verify that they are paying only authorized entities. The proposed daily UPI payment limit for capital market transactions will be increased to ₹5 lakh, up from the current ₹2 lakh. This limit will be reviewed periodically in collaboration with the National Payments Corporation of India (NPCI).

SEBI released a consultation paper on the proposals on Friday, inviting public feedback by February 21.

Since 2019, SEBI has permitted UPI as a payment method in the market, but there has been an increasing problem with unregistered entities misleading investors and fraudulently collecting money. To address this, SEBI proposes assigning a unique alphanumeric UPI ID to each registered intermediary.

“This unique UPI address will help investors ensure that payments are made only to registered intermediaries. It will also allow investors to identify and avoid unregistered entities, who won’t have access to this specific UPI handle,” SEBI said.

Additionally, a “thumbs-up” icon inside a green triangle will appear when payments are made to verified intermediaries. If the icon is absent, it will serve as a warning to investors about the potential risks of paying unauthorised entities. The cost of implementing this system is expected to be minimal, as it will involve collaboration between SEBI, NPCI, banks, and registered intermediaries.

 

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.

Why Indian Rupee Slides to 87 Per US Dollar For First Time?

On Monday, February 3, the Indian rupee dipped below the 87 per dollar threshold for the first time in history, falling from its previous close of 86.61/$ on January 31. This drop came amid rising global trade tensions following new tariffs imposed by US President Donald Trump on Mexico, Canada, and China.

Tariffs Imposed by US

Trump’s executive orders introduced a 25% tariff on Mexican and most Canadian imports, as well as a 10% tariff on Chinese goods. In response, Mexico and Canada implemented retaliatory measures, while China signalled potential counteractions. The offshore Chinese yuan, which is closely followed by rupee traders, weakened by 0.54% to 7.3585 per dollar, further intensifying pressure on emerging market currencies.

Meanwhile, the US dollar strengthened against major currencies, and US Treasury yields increased. The rupee’s decline mirrored these developments, with traders closely monitoring global market trends for further indications.

Upcoming RBI Monetary Policy

The Reserve Bank of India (RBI) is set to announce its policy decision on Friday, February 7, with expectations of a 25-basis-point rate cut. On January 31, the benchmark 10-year bond yield ended at 6.7001%, slightly lower for the week.

The government has set a lower fiscal deficit target of 4.4% of GDP for FY26, down from 4.8% in the current fiscal year. However, it raised gross borrowing to ₹14.82 lakh crore for the coming year, up from ₹14.01 lakh crore this year.

 

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.