Rainbow Children’s Medicare Receives Approvals for New Hospitals in Gurugram

Rainbow Children’s Medicare Limited has received the necessary approvals to proceed with the development of 2 new hospitals in Gurugram, Haryana. The approvals, granted by Haryana Shehri Vikas Pradhikaran (HSVP), Panchkula, mark a significant milestone in the company’s expansion strategy.

The share price of Rainbow Children’s Medicare was down by 0.69% as of 12:41 PM.  

Land Acquisitions in Prime Locations

The company had previously announced the acquisition of two land parcels—one in Sector 44 and another in Sector 56 of Gurugram. These plots, spanning approximately 2.32 acres and 1.23 acres, were procured from HSVP. Strategically located, these sites are well-positioned to enhance healthcare accessibility in the region.

Regulatory Approvals and Project Progress

With the building plans now sanctioned for the proposed hospitals at Plot No. 167, Sector 44, and Site No. 2, Sector 56, the company is actively mobilising resources. Key preparatory steps are underway, and construction is set to commence shortly. This marks a crucial step towards strengthening the company’s presence in the healthcare sector.

Financial Performance and Growth Trends

For the October–December 2024 quarter (Q3FY25), Rainbow Children’s Medicare reported a revenue of ₹398 crore, with a robust operating margin of 33% and a profit after tax of ₹68 crore.

During the quarter, the average revenue per occupied bed (ARPOB) was influenced by a high base effect and an increase in the average length of stay. However, the average revenue per patient (ARPP) has continued its upward trend, growing at a steady rate of 6-7% quarter-on-quarter.

Commitment to Healthcare Expansion

This expansion aligns with Rainbow Children’s Medicare’s vision of enhancing healthcare accessibility and strengthening its footprint in key urban centres. By investing in new hospitals, the company continues to focus on delivering high-quality paediatric and maternal healthcare services.

Conclusion

With the groundwork now in place, further updates on the project’s progress are expected in due course. Once operational, these hospitals are set to provide advanced medical infrastructure, catering to the growing healthcare demands in Gurugram.

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.

Women Now Make Up 25% of Investors and Hold 33% of Mutual Fund AUM

The Indian mutual fund industry has witnessed a remarkable transformation, with women now accounting for over 25% of individual investors and holding 33% of the individual assets under management (AUM), as per news reports.

This shift signifies not only greater financial independence but also a broader trend of financial inclusion. Women are taking a more proactive role in managing their investments, reshaping the landscape of wealth management.

Investors Beyond Big Cities Are Joining In

Another key trend is the participation of investors from beyond the top 30 cities in mutual funds. Financial awareness and accessibility have contributed to this expansion, ensuring that investment opportunities are no longer confined to metropolitan areas. 

The mutual fund industry has played an instrumental role in providing a platform for wealth creation, allowing more households across the country to participate in India’s financial growth story.

Mutual Funds Have Grown Over 9x in 16 Years

The mutual fund sector has experienced exponential growth over the years. The total AUM has surged from ₹5.89 lakh crore in May 2008 to a staggering ₹53.4 lakh crore in March 2024. This substantial rise is reflective of growing investor confidence and the increasing integration of mutual funds into household savings strategies. 

The share of mutual funds in Indian household savings has grown from 7.6% in FY21 to 8.4% in FY23, further demonstrating the industry’s growing relevance.

90% of Mutual Fund Investments Are Now Digital

Digital transactions have revolutionised the way investors access mutual funds. In FY 2024, approximately 90% of all mutual fund purchases were conducted through digital channels, highlighting the convenience and efficiency of modern investment platforms. The rise of digitalisation has removed barriers to entry, making investments more accessible to a wider audience, including first-time investors.

SEBI’s Role in Strengthening the Mutual Fund Landscape

The Securities and Exchange Board of India (SEBI) has been pivotal in maintaining the integrity and stability of the mutual fund ecosystem. Regulatory measures have ensured transparency, investor protection, and fair practices within the industry, fostering trust among investors.

Retail Investors Are Bringing Stability to Markets

Retail investors have emerged as a crucial component of the capital markets, providing resilience and liquidity. The growing inclination towards systematic investment plans (SIPs) and cost-efficient options such as passive funds suggests that investors today are more patient, disciplined, and well-informed. Awareness initiatives by the mutual fund industry have played a key role in fostering this shift towards structured and sustainable investing.

Conclusion: More Inclusion, More Growth

The increasing participation of women and retail investors signifies a promising future for the mutual fund industry. With digital advancements, regulatory support, and growing financial literacy, mutual funds are set to become even more integral to Indian household savings. The industry continues to evolve, ensuring that wealth creation remains an accessible and inclusive journey 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. 

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

Paytm and RBL Bank Partner to Expand Digital Payment Solutions

Paytm has partnered with RBL Bank to provide its Soundbox and card machines to the bank’s merchant partners. The collaboration has plans to make digital payments more accessible for businesses by integrating multiple payment modes and real-time transaction tracking.

As of March 3, 11:57 AM, Paytm, owned by One97 Communications, is trading at ₹706.00, down ₹8.95 (1.25%) today, but up 18.54% in the past six months and 68.82% over the past year, while RBL Bank Ltd is at ₹152.48, down ₹5.86 (3.70%) today, with a 32.54% decline over the past six months.

Payment Solutions for Merchants

Under this partnership, merchants will be able to use Paytm’s Soundbox and card machines to accept payments across different modes, including UPI, RuPay credit card on UPI, UPI Lite, debit cards, credit cards, and EMI options from major banks. This gives businesses more flexibility in payment acceptance.

NFC Soundbox 

The Paytm NFC Card Soundbox enables ‘Tap and Pay’ transactions, making it easier for customers to pay using debit and credit cards. This also allows international tourists to make payments using their global cards. Merchants will receive instant audio confirmations in 11 languages for transactions. As per the filing, the integration with the Paytm for Business dashboard lets businesses track transactions in real time and receive instant settlements.

Merchants will have access to low and zero-cost EMI options through Paytm’s network of over 17 partner banks, as per the reports.

Statements from Paytm and RBL Bank

Ripunjai Gaur, CBO – Offline Payments, Paytm, stated “Our goal is to simplify payments for merchants by providing cutting-edge solutions that enhance efficiency and trust. Partnering with RBL Bank allows us to expand the reach of our pioneering Soundbox and card machines, ensuring businesses of all sizes can accept digital payments with ease. With instant settlements, EMI options, and diverse payment methods, we continue to innovate and support businesses in their digital growth journey.”

Narendra Agrawal, Head-Branch Banking & Retail Liabilities, RBL Bank, said “We are pleased to collaborate with Paytm to offer merchants on our network with advanced and innovative online payment solutions. This partnership aligns with our vision of enabling seamless, secure, and efficient transactions. With innovative offerings like Tap and Pay-enabled NFC Card Soundbox and feature-rich Paytm Card Machines, we are committed to supporting businesses in their digital transformation journey.”

Paytm’s Global Expansion

Paytm has been expanding its international reach, with UPI payments now supported in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal. The company also offers UPI Lite for small-value transactions, auto-pay, and peer-to-peer transfers.

All in all, the partnership focuses on expanding digital payment access for businesses while integrating payment solutions.

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.

Indian Startups and Legacy Brands Bet Big on Lab-Grown Diamonds—Here’s Why

When you think of diamonds, names like Tiffany & Co. and De Beers might come to mind, given their longstanding dominance in the global industry. However, India’s association with diamonds dates back to the 5th century BC, with mentions in ancient Sanskrit texts from 320 to 296 BC.

For centuries, India was the world’s primary source of diamonds, only to be overtaken in the late 1720s when Brazil discovered its own deposits. Despite losing its position as a major producer, India remains the largest exporter of cut and polished diamonds. Now, a new shift is taking place, making India a focal point in the diamond industry once again—this time through lab-grown diamonds.

The Rise of Lab-Grown Diamonds in India

Lab-grown diamonds, once met with scepticism, have gained widespread acceptance due to their striking similarity to natural diamonds in appearance, composition, and structure. While both share identical chemical properties, their key differences lie in their formation, rarity, and environmental impact.

  • Natural diamonds: Formed deep within the Earth’s mantle over billions of years under extreme heat and pressure, brought to the surface by volcanic eruptions.
  • Lab-grown diamonds: Created in controlled environments using advanced processes like Chemical Vapor Deposition (CVD) and High-Pressure High-Temperature (HPHT), replicating natural formation using pure carbon, high pressure, and extreme heat.

Though indistinguishable in appearance, natural diamonds typically retain higher resale value, while lab-grown alternatives are more affordable and considered environmentally sustainable.

Indian Brands Capitalising on the Trend

The affordability and ethical appeal of lab-grown diamonds have driven several Indian brands, both legacy and emerging, into this space.

  • Trent (Tata Group subsidiary, Pome): Entering the lab-grown diamond market.
  • Senco Gold: Expanded into this space through its subsidiary, Sennes Fashion Limited.
  • D2C brand Giva: Exploring ways to strengthen its lab-grown offerings.
  • Startups like True Diamond, Solitario Lab Grown, and Aukera: Raising funds to tap into this booming market.

Key Drivers Behind the Surge

1. Affordability

Lab-grown diamonds are significantly cheaper than natural diamonds. As the carat size increases, the price difference becomes even more pronounced:

  • Small lab-grown diamonds are around 60% cheaper than natural ones.
  • A one-carat lab-grown solitaire can be up to 90% cheaper.
  • Larger solitaires (3 to 5-carat stones) can cost 95% less than their natural counterparts.

2. Superior Quality and Designs

In recent years, the quality of natural diamonds has seen a decline:

  • Many have lower clarity (often graded as SI, meaning they contain visible inclusions).
  • Their colour grades have dropped, with many now falling in the J, K, I1, or I2 ranges.

Lab-grown diamonds offer superior clarity and colour, giving buyers access to higher-quality stones at a fraction of the price.

3. Ethical and Environmental Considerations

Consumers are becoming more conscious of the environmental and ethical impact of diamond mining:

  • No mining required: No land destruction or labour exploitation.
  • Lower carbon footprint: While lab-grown diamonds still require electricity, many manufacturers are transitioning to renewable energy sources like solar power.

Conclusion: Future of Lab-Grown Diamonds in India

India’s diamond traders are witnessing a paradigm shift, and the trend of lab-grown diamonds is only expected to grow. As more brands and startups enter this space, the country is poised to become a major player in this sector, making diamonds more accessible, ethical, and sustainable for consumers worldwide.

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.

7 Companies See Lock-in Expiry: Over 150 Million Shares Become Eligible for Trade

A shareholder lock-in period restricts the sale of shares for a certain duration post-listing, often implemented to prevent market volatility. However, the end of the lock-in does not imply that all these shares will immediately enter the market—only that they become eligible for trading.

Let’s take a closer look at the 7 companies experiencing lock-in expiry on Monday, March 3.

1. Dr Agarwal’s Eye Hospital

Dr Agarwal’s Eye Hospital, a relatively recent listing, has remained largely stable around its IPO price. On Monday, approximately 1.1 crore shares (3% of its outstanding equity) will become eligible for trade.

2. Ecos (India) Mobility

Ecos (India) Mobility will see 3 crore shares (50% of its outstanding equity) becoming eligible to trade as its 6-month lock-in expires. Since its post-listing high of ₹593, the stock has suffered a sharp 70% decline.

3. Orient Technologies

With its six-month lock-in coming to an end, 8 lakh shares (2% of its outstanding equity) will become available for trade. The share price of Orient Technologies has declined by half from its post-listing peak.

4. Exicom Telesystems

Once a much-hyped IPO, Exicom will witness the end of its 1-year lock-in, making 4.35 crore shares (36% of its outstanding equity) eligible for trade. The stock has seen a 70% correction from its post-listing high and is now trading close to its IPO price of ₹142.

5. Vishnu Prakash R Punglia

A significant 2.5 crore shares (20% of its outstanding equity) will become eligible for trading as its 1.5-year lock-in expires. Despite being 53% below its post-listing peak, Vishnu Prakash R Punglia continues to trade 60% above its IPO price of ₹99.

6. Aeroflex Industries

Aeroflex Industries will see 2.6 crore shares (20% of its outstanding equity) becoming tradable as its extended lock-in period ends. The stock has experienced a 37% decline from its post-listing high of ₹272.

7. Pyramid Technoplast

As its 1.5-year lock-in period expires, 74 lakh shares (20% of its outstanding equity) will be free for trade. Pyramid Technoplast has dropped 35% from its peak price of ₹259.

Conclusion

The expiry of lock-in periods often brings liquidity to stocks but does not necessarily mean immediate selling pressure. Investors typically monitor such events to gauge potential supply influx and price movements. As these 7 stocks become eligible for trading, market participants will be keenly watching their performance in the coming 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.

Gold and Silver Prices Trade Higher: Check Rates in Your City on March 3, 2025

On March 3, 2025, gold prices increased in both the global and domestic markets. In the international market, spot gold prices have increased by 0.13%, reaching $2,863.28 as of 11:22 AM. In the domestic market, gold prices have surged by nearly ₹400.

In India, gold prices have increased by ₹390 per 10 grams across major cities on 3rd March 2025.

In Mumbai, 24-carat gold is priced at ₹8,470 per gram, while 22-carat gold now costs ₹7,764 per gram. The 24-carat gold price stands at ₹84,700 per 10 grams as of 11:22 AM.

In Delhi, the price of 22-carat gold is currently ₹77,504 per 10 grams, while 24-carat gold is trading at ₹84,550 per 10 grams.

Gold Prices Across Major Indian Cities on March 3, 2025

Here is a detailed breakdown of gold prices as of March 3, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 84,940 77,862
Hyderabad 84,830 77,761
Delhi 84,550 77,504
Mumbai 84,700 77,642
Bangalore 84,760 77,697

 

Silver Prices in India on March 3, 2025

The international silver price has increased by 0.18% to $31.21 as of 11:22 AM. In India, silver prices have surged by ₹500 per kilogram.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/KG 
Mumbai 94,600
Delhi 94,430
Kolkata 94,470
Chennai 94,870

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices have risen across major Indian cities. Gold is trading higher in international markets.
  • Silver Prices: Silver prices have increased in both international and domestic markets.

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.

Som Distilleries Expands Footprint with Greenfield Project and Fundraising Initiative

Som Distilleries and Breweries Limited (SDBL) has announced a major expansion move through its subsidiary, Woodpecker Greenagri Nutrients Private Limited. The company is setting up a greenfield project at Khimsepur, Farrukhabad in Uttar Pradesh, comprising a brewery, distillery, and other manufacturing facilities. The project, with an estimated investment of ₹600 crore, is expected to strengthen the company’s market presence across India.

The share price of Som Distilleries was trading 1.70% lower as of 10:59 AM on March 3, 2025

Strategic Location and Market Potential

The project will be built on a 40-acre land parcel allocated by the Uttar Pradesh State Industrial Development Authority (UPSIDA). Uttar Pradesh, being one of the largest consumer markets in the country, offers a promising opportunity for expansion. The state’s favourable industrial policies and vast customer base make it an attractive destination for the company’s next phase of growth.

Regulatory Approvals and Project Timeline

While the company has secured land for the project, construction will commence following necessary regulatory approvals from the Uttar Pradesh government. The move is aligned with Som Distilleries’ broader vision of becoming a truly pan-India player in the alcoholic beverages industry.

Board Approves Preferential Issue for Fundraising

In a parallel development, the Board of Directors of Som Distilleries has approved a preferential issue to raise capital. The company will issue up to 20 lakh equity shares at ₹112 per share (including a premium of ₹110) to its identified promoter group. This fundraising initiative is aimed at meeting the company’s operational and expansion needs.

Objectives of the Fundraising Initiative

The funds raised through this preferential issue will primarily be used for:

  • Working Capital: To support the increasing demand for capital as the company expands its geographical reach, especially during peak seasons.
  • Operational Expenditure: Covering costs related to marketing, salaries, utilities, maintenance, commissions, and other recurring expenses.
  • General Corporate Purposes: Ensuring financial stability and positioning the company for further growth opportunities.

Conclusion 

With its ambitious expansion strategy and fresh capital infusion, Som Distilleries is reinforcing its presence in the Indian market. The greenfield project in Uttar Pradesh is a significant step towards tapping into a high-consumption region, while the preferential issue aims to strengthen the company’s financial position.

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.

Adani Power Share Price Reacts to ₹80.46 Crore GST Demand Notice

Adani Power Limited (APL), a subsidiary of the Adani Group, is the largest private-sector thermal power producer in India. With an operational capacity of 17.55 GW, its power plants are strategically spread across Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Gujarat, Madhya Pradesh, Tamil Nadu, and Jharkhand. s.

GST Demand Order: A Legal Dispute in Progress

Adani Power recently disclosed a demand order issued by the Joint Commissioner of State Tax, Nava Raipur, Chhattisgarh, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The order concerns a GST demand of ₹80.46 crore for the financial year 2020-21, primarily attributed to an alleged non-reversal of GST credit. Additionally, an interest demand of ₹69.24 crore and a penalty of ₹8.05 crore have been imposed.

However, the company has refuted the claims, deeming the demand erroneous. Adani Power has announced its intention to explore legal remedies, including a rectification application and an appeal. Despite the significant financial implications, the company has reassured stakeholders that the order does not impact its financial, operational, or other activities.

Adani Power Share Price Performance

As of 10:34 AM on March 3, 2025, Adani Power’s share price was trading flat, up marginally by 0.09%. The stock hit an intraday high of ₹497 on the NSE. The 52-week high and low for the stock have been ₹895.85 and a low of ₹432.

February saw a 6.7% decline in the stock price, contributing to a 9.05% drop on a year-to-date (YTD) basis. 

Q3FY25 Financial Performance

In its latest earnings report for the third quarter (Q3) of the financial year 2024-25, Adani Power posted an 11.7% rise in consolidated net profit, reaching ₹3,057.21 crore compared to ₹2,737.96 crore in the same period last year. On a sequential basis, net profit saw a modest growth of 2.5% from ₹2,985.88 crore in Q2FY25.

Consolidated revenue from operations recorded a 5.2% year-on-year (YoY) increase, reaching ₹13,671.18 crore, up from ₹12,991.44 crore. However, on a sequential basis, revenue declined by 8.4% from ₹14,933.80 crore in the previous quarter, indicating short-term challenges in revenue generation.

Conclusion

While Adani Power continues to showcase resilience with steady profit growth, concerns over regulatory demands and revenue declines have led to fluctuations in its share price. 

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.

NSE and Market Infrastructure Institutions Successfully Implement Direct Payout Settlement for Securities

The Market Infrastructure Institutions (MIIs), which include exchanges, clearing corporations, and depositories, have successfully rolled out the Direct Payout Settlement mechanism for securities. Implemented on February 25, 2025, under the guidance of the Securities and Exchange Board of India (SEBI), this initiative aims to enhance operational efficiency, market transparency, and investor protection.

This system ensures the direct credit of securities to investors’ demat accounts, removing intermediaries and streamlining settlement processes. By adopting this mechanism, the MIIs strengthen market integrity and efficiency, providing a seamless experience for investors.

What is the Direct Payout Settlement Mechanism?

The Direct Payout Settlement is a method where securities purchased by investors are credited directly into their demat accounts without additional processing delays. Traditionally, the securities settlement process involved intermediaries, which occasionally led to inefficiencies. However, with this new framework, investors can now receive their securities without unnecessary delays or manual intervention.

Key Benefits of the Initiative

  • Greater Transparency: Direct settlements improve visibility in transactions, eliminating unnecessary complexities.
  • Operational Efficiency: Faster credit of securities reduces the risk of settlement failures and delays.
  • Enhanced Investor Protection: Ensuring investors receive their securities directly strengthens trust in the capital markets.
  • Market Integrity: The streamlined process fortifies the financial ecosystem, making transactions more secure.

National Stock Exchange’s Role in Market Innovation

The National Stock Exchange of India (NSE) played a crucial role in this transition, leveraging its technological expertise. Since its inception in 1994, NSE has been a pioneer in electronic trading, and it continues to maintain its position as India’s largest stock exchange by turnover. The exchange is also globally recognised, ranking as the largest derivatives exchange by trading volume in 2024, according to the Futures Industry Association (FIA).

With its integrated business model, NSE facilitates:

  • Exchange listings and trading services
  • Clearing and settlement solutions
  • Market data and indices
  • Financial education initiatives

By implementing the Direct Payout Settlement, NSE reinforces its commitment to modernising financial markets and improving investor confidence.

NSE Clearing’s Role in Market Stability

As the first clearing corporation in India, NSE Clearing Limited has been instrumental in introducing settlement guarantees. Established in 1995, it ensures that all transactions are processed smoothly and that market participants receive their securities reliably. NSE Clearing has also gained international recognition as a Qualified Central Counterparty (QCCP) by SEBI and Third Country CCP (TC-CCP) status from both the European Securities Market Authority and the UK’s Temporary Recognition Regime.

Conclusion

The successful implementation of the Direct Payout Settlement mechanism is a significant step forward in improving efficiency and transparency within the Indian capital markets. By eliminating unnecessary intermediaries and ensuring direct credit of securities, this initiative marks a new milestone in investor protection and market integrity. As MIIs continue to drive innovation, investors can look forward to a more seamless and secure trading experience.

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.

Transformers and Rectifiers (India) Limited Secures Order From Adani Group

Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, has recently secured domestic and international orders amounting to ₹350 crore. 

These contracts involve the supply of transformers and reactors for the Adani Group in India and international clients in Iraq and Australia. The orders will be executed by the next financial year, reinforcing TARIL’s market presence.

Domestic Order from Adani Group

TARIL has received a domestic order worth ₹272 crores, including GST, from Adani Group. The contract involves manufacturing and supplying transformers and reactors. The project, classified under normal business operations, does not involve any related-party transactions. The delivery is scheduled for completion by the next financial year. This order further strengthens TARIL’s position in the Indian transformer industry.

International Orders from Iraq and Australia

The company has also secured export orders from Al Sabha Group in Iraq and Powerlink Queensland in Australia, amounting to ₹78 crore. The contract covers the supply of transformers, which are set to be delivered within the next financial year. These international deals reflect TARIL’s growing global footprint and commitment to high-quality production standards.

TARIL Share Performance

As of February 21, 2025, at 10:00 AM, the shares of TARIL are trading at ₹379.00 per share, reflecting a decline of 1.7% from the previous day’s closing price. Over the past month, the stock has registered a loss of 7.56%.

Conclusion

With these new contracts, TARIL continues to solidify its reputation as a key player in the transformer manufacturing sector. The company remains committed to delivering world-class products through its extensive infrastructure and skilled workforce.

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.