On January 15, 2024, Adani Green Energy shares rose ~4% and touched the day high of ₹1,080.00 at 11:30 AM. The gain in Adani Green Energy shares came after the company released its provisional update for the nine months ended December 31, 2025. Furthermore, the increase in Adani Green Energy shares follows the previous day’s gain of ~13%.

Adani Green Provisional Update for 9M FY25

Adani Green Energy has seen a significant 37% year-on-year increase in its operational capacity, reaching 11,609 MW, with notable greenfield additions of 2,693 MW in solar and 438 MW in wind power plants. The company’s energy sales rose by 23% year-on-year, totalling 20,108 million units in the first nine months of FY25, driven by strong capacity growth.

Over the past four years, Adani Green Energy has demonstrated steady generation growth with a compound annual growth rate (CAGR) of 49%, accompanied by an increasing share of merchant power.

Signing of PPA For Solar Capacity Utilisation

The company has consistently exceeded its power generation commitments under Power Purchase Agreements (PPAs), with solar portfolio capacity utilization factor (CUF) at 23.5%, wind portfolio CUF at 29.2%, and hybrid portfolio CUF at 39.8%, all supported by high plant availability rates—99.4% for solar, 95.0% for wind, and 99.7% for hybrid. Additionally, Adani Green Energy has signed a long-term 25-year PPA with MSEDCL to supply 5 GW of solar power, further solidifying its commitment to sustainable energy expansion.

The company is optimistic about a significant greenfield RE capacity addition of 3.1 GW demonstrating unprecedented speed & scale of execution.

 

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.

On January 15, 2025, Waaree Renewables share price extended the gains for the 2nd straight day with a rise of ~10% in the morning trade and touched the day high of ₹1,297.95 at 10:35 AM after opening at ₹1,158.30 on BSE. The gain in Waaree Renewables share price follows the previous day’s gain of ~18%. With these substantial gains, the shares of Waaree Renewables rose 28% cumulatively in the last 2 trading sessions.

Waaree Renewable Dividend

• Waaree Renewables has recently announced that it will consider the declaration of interim dividend to the equity shareholders along with fixing of record date in the Board Meeting, scheduled for January 16, 2025.
• During the board meeting, the company would also consider and approve the results for the quarter and nine months ended December 31, 2025.

Waaree Renewable Operational Updates

On November 27, 2024, Waaree Renewable announced that it had received a term sheet for the execution of Engineering, Procurement and Construction (EPC) works for Ground mount Solar PV project of 2012.47 MWp DC capacity.

During 1HFY25, revenue reached ₹760.82 crores, compared to ₹279.00 crores during the same period in H1FY24, marking a growth of 172.70% YoY. EBITDA for H1FY25 increased by 155.56%, rising from ₹44.08 crore in H1FY24 to ₹112.65 crore. The EPC segment delivered an outstanding performance, generating customer billing of ₹ 583.36 crores for a volume of 528.56 MWp, up from ₹141.09 crores for a volume of 169.59 MWp.

 

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.

On January 15, 2025, the public sector banks such as Bank of Maharashtra, Punjab & Sind Bank, Indian Overseas Bank, UCO Bank and Central Bank of India traded lower after the Government’s divestment plan in these public sector banks as mentioned in various news reports.

Objective of Divestment

As per news reports, the government has approved a fund raising plan to the tune of ₹10,000 crore for five state-run lenders through the Qualified Institutional Placement (QIP) route.

With this move, the government aims to comply with the 25% minimum public shareholding requirement for these PSU banks by August 2026. These state-owned lenders fall under the administrative control of the Department of Financial Services.

Government’s Holding in PSBs

As of the end of the December quarter, the government holds a 79.6% stake in Bank of Maharashtra, 98.25% in Punjab & Sind Bank, 96.38% in Indian Overseas Bank (IOB), 95.39% in UCO Bank, and 93.08% in Central Bank of India, according to the latest shareholding data from BSE.=

On January 15, 2025, the Bank of Maharashtra share price traded 4.24% lower at 10:15 AM and touched the day low of ₹49.90 after opening at ₹51.50 on BSE. Punjab & Sind Bank shares slipped 5% in morning trade. The other 3 lenders, IOB share price, UCO Bank share, and Central Bank shares slipped 8% each.

 

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.

Sula Vineyard share price rose over 3% and touched the day high of ₹389 at 09:20 AM, after opening at ₹382.05 on BSE. The gain in Sula Vineyard shares came after the company reported a sales update for the Q3FY25, wherein, it reported its highest-ever own brands revenue of ₹194.7 crore, reflecting a rise of 1% YoY.

Highest Ever Wine Tourism Revenue

In addition, the Wine Tourism revenue soared 11.5% to ₹16.4 crore. The wine tourism business demonstrated strong momentum recording highest ever Q3 revenue, led by higher spend per guest and strong occupancy rates.

Upcoming SulaFest in Q4FY25

The company further added that the Elite & Premium portfolio recorded a 6% YoY growth, backed by a strong double-digit growth in iconic brands – The Source and RASA. The company is eagerly anticipating the return of SulaFest in Q4, with growing excitement and strong advance ticket sales. This year’s edition will showcase some of India’s most popular artists, such as Divine, Ritviz x Karan Kanchan, Oaff & Savera, When Chai Met Toast, Dualist Inquiry, and Madboy/Mink. Additionally, the Sula cans will make their debut at SulaFest ’25.

Sula Vineyard Q2FY25 Highlights

Q2 FY25 was a subdued quarter for Sula Vineyard, impacted by a slowdown in consumer discretionary demand, especially in urban areas where 90% of its sales are concentrated, along with temporary disruptions in key markets like Karnataka and Delhi. However, its Elite & Premium portfolio performed well, achieving a 7% YoY growth, driven by strong double-digit growth in its flagship brands—The Source, RASA, and Dindori.

 

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.

Hathway Cable & Datacom Ltd, a cable television distribution company, reported a YoY fall of ~39% in net profit for the third quarter ending December 31, 2024, posting ~₹13.6 crore compared to ~₹22.4 crore in the same period last year.

Hathway Q3FY25 Operational Performance

The company’s revenue from operations rose 1.3% to ₹511.2 crore, up from ₹504.6 crore in the year-ago quarter. At the operating level, EBITDA increased by 1.3% to ₹83.1 crore for Q3 FY25, compared to ₹82.1 crore in Q3 FY24. The EBITDA margin remained stable at 16.3% in the reporting quarter.

Acquisition of Hathway Cable MCN Nanded

In November 2024, Hathway Cable & Datacom completed the acquisition of the remaining 61.15% equity stake (20,54,832 shares) in Hathway Cable MCN Nanded Private Limited (“Hathway Nanded”) from existing shareholders, including its subsidiary Hathway MCN Private Limited, for a nominal cash consideration of ₹11. This acquisition consolidates business operations, and as a result, Hathway Nanded has become a wholly owned subsidiary of the company.

About Hathway Cable & Datacom Ltd

Hathway Cable & Datacom provides cable television services through its wholly-owned subsidiary, Hathway Digital Private. The company holds a pan-India ISP licence and was the first cable TV provider to offer high-speed broadband services. On January 15, 2024, Hathway Cable Shares opened at ₹ 15.01 and touched the day low of ₹14.80 at 09:20 AM.

 

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.

On January 14, 2025, the Indian stock market recorded a bounce back after witnessing heavy selling in the previous trading session. The BSE Sensex closed 0.22% higher at 76,499.63, while Nifty50 rose 0.39% to 23,176.05. During the session, many stocks, including EPACK Durable, NTPC Green and Shakti Pumps hit circuit limits, indicating significant price movements. Here is the list of stocks hitting lower and upper circuits today.

Stocks That Hit Lower Circuit on January 14, 2025

Stocks That Hit Upper Circuit on January 14, 2025

Overview of Companies Hitting Circuits Today

Shakti Pumps

On Jan 14, 2025, Shakti Pumps shares hit a lower circuit of 5% and reached the day low of ₹1,159.00 on NSE after opening at ₹1,215.80.

EPACK Durable 

EPACK Durable shares reached a 5% lower circuit ceiling on January 14, 2025. During the day, the shares of EPACK Durables touched the day high of ₹513.05.

Adani Power

Adani Power shares hit an upper circuit of 20% and reached the day high of ₹539.85 after opening the trading session at ₹460.00 on NSE on Jan 14, 2024.

Suzlon Energy Ltd

Suzlon Energy shares reached the day high of ₹57.17, after hitting a 5% upper circuit limit on January 14, 2024. The shares of Suzlon Energy opened at ₹55.20 on NSE.

 

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.

Gujarat Toolroom is involved in the development and operation of mines and minerals and other allied activities. The company operates across a diverse range of sectors, specializing in the extraction of valuable minerals and resources through its mining operations. It also excels in the trading of high-quality gemstones and precious metals, including gold, silver, and diamonds. As part of its comprehensive import and export (impex) services, the company facilitates the global exchange of goods across various industries. 

Additionally, it is committed to promoting sustainability by providing green energy solutions, such as solar and wind power, to support the transition to renewable energy sources. The company also participates in the global textile trade, offering a wide range of fabrics for different industries and applications. In the infrastructure sector, it focuses on the design and construction of essential facilities, contributing to the development of critical infrastructure.

Gujarat Toolroom Quarterly Performance Overview

Gujarat Toolroom Ltd has shown remarkable growth in recent quarters, with sales increasing from ₹1 crore in December 2022 to ₹324 crore by March 2024, indicating strong business expansion. However, by September 2024, sales dipped to ₹271 crore. Operating profit grew to ₹55 crore by March 2024 and slipped to 28 crore in Sep 2024.

During the September 2024 quarter, Gujarat Toolroom (GTL) achieved notable operational milestones. The company’s Dubai-based subsidiary, GTL Gems DMCC, secured a significant international impex order valued at AED 50 million (approx. ₹114 crores), expected to be completed within the quarter, with anticipated profit margins between 5% and 7.5%. Additionally, GTL Gems DMCC is in advanced negotiations for further orders exceeding AED 100 million (approx. ₹228 crores) in the coming quarters.

The company also successfully concluded a rights issue, which was oversubscribed by 2 times, reflecting strong investor confidence. The funds raised will be utilised for capacity expansion, working capital requirements, and exploring new business opportunities. Operationally, GTL has made significant strides in improving profit margins through effective cost control and enhanced efficiencies. A remarkable 98% reduction in finance costs quarter-on-quarter highlights the company’s success in reducing debt and optimizing its capital structure.

Gujarat Toolroom Outlook

Looking ahead, Gujarat Toolroom Ltd. is focused on expanding its market presence and driving future growth through strategic initiatives. The company plans to capitalize on favourable government policies introduced in the Union Budget 2024, particularly those aimed at promoting e-commerce export hubs and adjustments in customs duties, to enhance operational efficiencies.

Additionally, GTL is committed to diversifying its business portfolio by exploring renewable energy and green initiatives, while continuing to invest in cutting-edge technology and infrastructure. These efforts are geared towards achieving scalable growth, improving operational capabilities, and ultimately enhancing customer satisfaction.

Gujarat Toolroom Share Price Performance

For the consecutive 7 trading sessions, Gujarat Toolroom share price has been constantly hitting the lower circuit of 5%. On January 14, 2025, the shares of Gujarat Toolroom hit a 5% lower circuit at ₹13.29. The stock has come down from the high of ₹18.98 to the recent low of ₹13.29, making a cumulative loss of ~35% in the past 7 trading 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 securities market are subject to market risks, read all the related documents carefully before investing.

Every year, India commemorates its National Republic Day on January 26, a day that marks the adoption of the Indian Constitution in 1950. This historic occasion serves as a reminder of India’s sovereignty, unity, and the power of self-determination. Taking this opportunity, we will explain the growth story of India’s defence sector.

The Essence of National Defence Power

India’s commitment to strengthening its defence infrastructure is more pronounced than ever, as evidenced by the continued growth of its defence sector. With ongoing territorial disputes with neighbouring nations like Pakistan and China, the need for robust defence capabilities has never been more urgent. In response, India has consistently increased its defence budget, solidifying its position as one of the largest global spenders in this domain. With a defence budget of US$ 74.7 billion in 2024, India ranks as the fourth largest spender on defence worldwide. This level of investment underscores the country’s focus on national security and strategic defence development.

Growth of India’s Defence Sector

India’s defence manufacturing industry is rapidly evolving, driven by both domestic needs and the government’s proactive initiatives to reduce reliance on foreign imports. The defence sector is poised for significant growth, thanks to a combination of increasing security concerns, an expanding defence budget, and substantial investments in indigenous production capabilities.

The government has set an ambitious defence production target of US$ 25 billion by 2025, which includes US$ 5 billion worth of defence exports. The substantial investments in research and development, coupled with improved manufacturing capabilities, have laid a strong foundation for India to become a global player in defence exports. The focus on self-reliance is another key feature of India’s defence sector. With a target of achieving 70% self-reliance in weaponry by 2027, India aims to reduce dependence on imports and promote domestic production.

Defence Sector Outlook

The future of India’s defence sector looks promising, with increasing government support, foreign direct investment (FDI), and the private sector playing an expanded role. In 2020, the Indian government revised defence production regulations, allowing for greater foreign investments. Under the new policy, FDI can be allowed up to 74% through the automatic route and up to 100% under the government route in areas critical to gaining access to contemporary technologies. This move has not only attracted international players but has also accelerated the development of cutting-edge military technologies within the country.

India’s ambitious goal of achieving US$ 6.02 billion worth of annual defence exports by 2028-29 reflects the growing maturity of its defence manufacturing sector. The outlook remains positive, with the Indian government committed to bolstering defence capabilities, fostering innovation, and encouraging private-sector investment.

Conclusion

As we approach India’s National Republic Day, it is clear that the country’s focus on strengthening its defence sector is integral to its future growth and security. With continued investments, innovation, and strategic partnerships, India is building a resilient and self-reliant defence sector that will serve as a pillar of its national power for decades to come.

 

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.