APS, a key solar solutions provider, is expanding with a new project in Tripura. Strong financial growth and rising stock performance make it a promising player in the solar industry.

New Order Secured by APS

Australian Premium Solar Ltd (APS) has received a major contract from the Tripura Renewable Energy Development Agency (TREDA) to install solar-powered agricultural pumps. The project, valued at ₹13.85 crore, includes setting up 500 solar pumps under the PM-KUSUM Scheme (Component C). APS will supply, install and maintain 2 HP AC solar pumps for five years, covering warranty, maintenance and insurance. This order strengthens APS’s presence in India’s renewable energy sector.  

Company Overview

Founded in 2013, APS is a leading solar solutions provider in India, specialising in high-efficiency Monocrystalline and Topcon solar modules. The company also offers end-to-end Engineering, Procurement and Construction (EPC) services for residential, commercial, industrial and agricultural projects. With strong international expertise, APS ensures high-quality manufacturing and adheres to strict ISO 9001-certified quality standards. 

Financial Performance

APS has shown impressive financial growth. In Q3FY25, its net sales surged by 227% to ₹121 crore, while net profit jumped by 450% to ₹11 crore. For the full year, the company reported net sales of ₹150 crore and a net profit of ₹6 crore. This strong performance highlights APS’s expanding market reach and financial stability.  

Stock Market Performance

With a market capitalisation exceeding ₹800 crore, APS has delivered exceptional returns. The company’s Return on Equity (ROE) stands at 42.5%, while its Return on Capital Employed (ROCE) is 51%. As of February 28, 2025, at 11:24 AM, the shares of APS are trading at ₹421 per share. Its 52-week high and low are ₹670 and ₹196 respectively. 

Conclusion

APS’s new project in Tripura highlights its commitment to renewable energy growth. With increasing sales, profits and stock value, the company continues to strengthen its position in India’s solar sector.

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.

Shares of Premier Energies Ltd. witnessed a decline of over 3.5% in early trading on Friday, February 28, following the conclusion of its six-month shareholding lock-in period. By 10:17 AM, the company’s stock was trading at ₹891 on the NSE.

With the expiration of the lock-in, approximately 10.6 crore shares—equivalent to 23% of the company’s total outstanding equity, according to a report—became eligible for trading. However, it is important to note that the end of the lock-in period does not necessarily imply that all these shares will be offloaded in the open market, but rather that they can now be freely traded.

A Strong Market Debut Followed by Corrections

Premier Energies made its stock market debut in September 2024, emerging as one of the most successful listings of the year. The stock listed at more than double its issue price of ₹450 per share, reaching a post-listing peak of ₹1,388.

However, in alignment with broader market trends, the stock has undergone a correction phase. The downturn has been more pronounced in early 2025, with the stock declining 34% year-to-date as of February 28.

Market Sentiment and External Factors Weigh on Stock Performance

One of the key factors influencing Premier Energies’ stock trajectory has been concerns over US President Donald Trump’s policies on renewable energy, which have created uncertainty within the sector.

Conclusion

Going forward, market participants may closely monitor the company’s capacity expansion plans and how competitors stabilise their cell production lines, both of which could influence Premier Energies’ profitability.

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.

Waaree Energies Limited, India’s largest solar PV module manufacturer, boasts an impressive aggregate installed capacity of 13.3 GW. The company has gained significant attention following a major order from ABREL EPC Limited, a wholly owned subsidiary of Aditya Birla Renewables Limited. 

ABREL EPC operates in India’s renewable energy sector, focusing on the ownership, development, and operation of clean energy projects.

New Order Strengthens Waaree Energies’ Market Position

Waaree Energies has secured a substantial order to supply solar modules with a total capacity of 410 MWp to ABREL EPC. This order further reinforces Waaree’s position as a key player in India’s renewable energy industry, which continues to expand due to increasing demand for sustainable power solutions.

Financial Performance in Q3FY25

The company has demonstrated remarkable financial growth in the December quarter of FY25. Waaree Energies reported a multifold increase in its net profit, which surged to ₹493 crore from ₹124.5 crore in the same quarter of the previous fiscal year. Additionally, revenue more than doubled, growing by 116% to ₹3,457 crore compared to ₹1,596 crore in Q3FY24.

Robust Order Book Reflects Growth Prospects

Waaree Energies currently holds a strong order book of 26.5 GW, valued at ₹50,000 crore. This indicates a healthy pipeline of projects that could drive future revenue growth and solidify the company’s leadership in the industry.

Regulatory Scrutiny: Recent Tax Inspection

In a recent development, on February 25, 2025, the Assistant Commissioner of State Tax, Mumbai, initiated a search and inspection at the registered office of Waaree Energies and its subsidiary, Waaree Renewable Technologies Limited. The inspection, conducted under Section 67(2) of the CGST/MGST Act, began at 3:45 PM and concluded at 8:00 PM, with further proceedings scheduled for the following day. The company and its subsidiary are in the process of submitting the required operational details to the authorities.

BlackRock’s Investment in Waaree Energies

Waaree Energies has also attracted significant institutional investment. BlackRock Institutional Trust Company, managed by the National Pension Service, invested ₹31.75 crore in the company during its IPO through the anchor book.

Conclusion

Waaree Energies continues to strengthen its market presence with major contract wins, impressive financial performance, and a strong order book. While regulatory scrutiny has added a layer of uncertainty, the company’s institutional backing and growth trajectory position it as a key player in India’s renewable energy 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.

Utkarsh Small Finance Bank Ltd. (USFB), headquartered in Varanasi, commenced operations in 2017 and has since established itself as a key player in the small finance banking sector. The bank provides a comprehensive suite of financial services, including savings and deposit accounts, microbanking loans, retail loans, housing loans, and gold loans. 

Raising ₹750 Crore via Share Sale

In a strategic move to bolster its financial position, the board of Utkarsh SFB sanctioned a capital raise of up to ₹750 crore through a share sale on February 26, 2025. 

The fundraising initiative will be executed via qualified institutions placement, preferential issuance, private placements, a further public offering, or other permissible avenues in one or multiple tranches. This capital infusion is subject to requisite shareholder and regulatory approvals. However, the bank has yet to disclose specific details regarding the deployment of these funds.

Utkarsh Small Finance Bank Financial Performance 

The bank’s financial performance for the third quarter reflected a stark downturn, with a net loss of ₹168 crore, a sharp contrast to the ₹116 crore profit recorded in the corresponding quarter of the previous financial year. Despite this setback, net interest income remained largely stable at ₹480.13 crore, compared to ₹482.3 crore in the same period last year.

Statement From Managing Director

In a post-earnings conference call, Managing Director and Chief Executive Officer Govind Singh reassured stakeholders of the bank’s long-term growth trajectory, stating that the current expansion has endowed Utkarsh SFB with a robust franchise, sufficient to meet its growth objectives. As a result, the bank anticipates minimal expansion of its branch network in FY26.

Utkarsh SFB’s microbanking operations are deeply entrenched in rural and semi-urban regions, extending financial support through the Joint Liability Group model for individuals and micro-enterprises. The bank remains steadfast in its mission to drive economic empowerment by providing accessible and structured financial solutions to those in need.

Share Price Performance 

At 10:34 AM on February 28, 2025, Utkarsh Small Finance Bank Ltd. shares traded 2.46% down at ₹24.60 per share on the 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.

Transrail Lighting Limited is a distinguished Indian engineering, procurement, and construction (EPC) enterprise specialising in power transmission and distribution (T&D), railways, civil construction, and innovative poles and lighting solutions. Founded in 2008, the company boasts over four decades of expertise in delivering end-to-end turnkey solutions across these critical infrastructure sectors.

Secured Orders Worth of ₹2,752 crore

On February 27, 2025, Transrail Lighting Ltd. announced securing prestigious new orders worth ₹2,752 crore, predominantly in the transmission & distribution (T&D) segment.

Statement From Management

Randeep Narang, Managing Director and CEO, remarked, “We are delighted to unveil our latest order wins totalling ₹2,752 crore, reaffirming our standing as a trusted leader in the T&D sector. Our ever-expanding order book is a testament to our competitive edge, including our strategic backward integration.” 

He further added, “With these fresh additions, our year-to-date order inflows have surpassed ₹7,400 crore, reflecting a stellar 90% growth compared to the previous year, further fortifying our industry position. Armed with a formidable order book, extensive manufacturing capacities, proven execution expertise, and a promising tender pipeline, we foresee an era of substantial growth in the forthcoming quarters.”

Transrail Lighting Order Book Value Increased

Last month, Transrail Lighting revealed plans for a state-of-the-art manufacturing facility to cater to surging demand. CEO Randeep Narang stated that the company’s order book currently stands at an impressive ₹10,300 crore, with an additional ₹3,400 crore in potential contracts. 

Transrail aims to sustain an annual order inflow of ₹5,000-6,000 crore in the 2024-25 financial year (FY25), spanning both domestic and international markets.

Share Price Performance 

At 10:32 AM on February 28, 2025, Transrail Lighting Ltd shares traded  6.06% up at ₹517.65 per share on the 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.

One of the leading integrated power companies in India, Tata Power Company Limited is involved in the production, distribution, and transmission of electricity. The company is a prominent part of the prestigious Tata Group and has a strong presence in the conventional and renewable energy sectors.

Order Details

On February 27, 2025, Tata Power Ltd. announced that Tata Power Renewable Energy Ltd’s (TPREL) wholly-owned subsidiary, TP Solar Ltd, has secured a prestigious contract from the Solar Energy Corporation of India (SECI) for the supply of 292.5 MWp domestic content requirement (DCR) solar modules.

Project Awarded Under The CPSU Scheme Tranche-III

Awarded under the CPSU Scheme Tranche-III, this project reaffirms TP Solar’s unwavering commitment to propelling India’s transition towards renewable energy. Valued at approximately ₹632 crore, the contract entails the supply of high-quality DCR modules to the designated site in Ramagiri, Andhra Pradesh.

This initiative forms a crucial part of SECI’s broader 400 MWp tender, which underwent a rigorous competitive bidding process followed by an e-reverse auction. TP Solar successfully secured 292.5 MWp out of the total 400 MWp DCR module allocation.

Statement From Management 

Sivakumar V Vepakomma, Director (Power System), SECI, stated, “The CPSU Scheme is an instrumental initiative designed to fortify domestic solar manufacturing and enhance India’s energy security. By entrusting this contract to TP Solar, we are making a significant stride towards fostering self-reliance in the solar sector and ensuring that large-scale renewable projects are powered by superior-quality, locally manufactured modules.”

Tata Power Q3 FY25 Results

Tata Power reported strong Q3 FY25 results, with a 10% YoY rise in consolidated net profit to ₹1,188 crore and a 2% revenue increase to ₹15,118 crore. EBITDA grew 7% to ₹3,481 crore, while the renewable energy segment saw a 59% surge in PAT to ₹214 crore, expanding clean energy capacity to 6.7 GW. Its advanced solar manufacturing facility in Tamil Nadu is now fully operational, producing over 2.4 GW of solar modules in the first nine months of FY25.

Share Price Performance 

At 9:29 AM on February 28, 2025, Tata Power Company Ltd. shares opened 1.49% down at ₹338.20 per share on the 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.

PB Fintech Ltd has announced that Ms.Santosh Agarwal will take over as CEO and Key Managerial Personnel (KMP) of Paisabazaar, effective March 1, 2025. She has been with the company since 2011 and has held major leadership roles, most recently as Chief Business Officer of Life Insurance at Policybazaar. 

She will report to Yashish Dahiya and oversee Paisabazaar’s focus on unsecured and secured lending, pensions, and savings.

Naveen Kukreja’s Transition

Mr.Naveen Kukreja, who has led Paisabazaar for 11 years, will step down as CEO and move into the role of Group President at PB Fintech. He will continue as a Non-Executive Director on Paisabazaar’s board and will advise on the company’s long-term strategy.

Leadership Changes

PB Fintech has also announced changes in its finance leadership:

• Vivek Audichya, Paisabazaar’s CFO, resigns on February 28, 2025. He will take over as CFO of Policybazaar from April 1, 2025, replacing Ashutosh Mishra, who will step down on March 31, 2025.
• Neeraj Tripathi, currently the Head of Taxation and Financial Reporting at Policybazaar, will become Paisabazaar’s CFO from March 1, 2025.

Financial Performance

PB Fintech reported a 92% year-on-year increase in net profit, reaching ₹72 crore in Q3 FY25, compared to ₹37 crore in the same quarter last year. This marks five consecutive quarters of profitability, driven by growth in health and life insurance policies.

As of February 28, 1:26 PM, PB Fintech Ltd is trading at ₹1,459.05, down 2.78% for the day. Over the past six months, the stock has declined by 16.60%, but it remains up by 25.60% over the past year.

Board Decisions

The company stated that the appointments were made through a competitive selection process involving both internal and external candidates. It also confirmed that Kukreja will assist in the leadership transition over the next few months.

PB Fintech has not announced any additional leadership changes at this time.

Conclusion

PB Fintech has reorganised its leadership at Paisabazaar, with Santosh Agarwal taking over as CEO and Naveen Kukreja shifting to a strategic role. Alongside these changes, new finance heads have been appointed for both Paisabazaar and Policybazaar. 

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.