Hyundai Motor Joins MSCI Global Standard Index as the Only Large-Cap Inclusion in February Review

Hyundai Motor India Ltd. has secured a spot in the MSCI Global Standard Index, becoming the only Indian large-cap stock included in the February 2025 review. This addition marks a significant milestone for the company, which went public in November 2024.

Hyundai Motor India has also recorded the highest weight increase among Indian securities in this rebalancing.

Hyundai Motor India in the MSCI Global Standard Index

The inclusion of Hyundai Motor India in the MSCI Global Standard Index is anticipated to attract an inflow of approximately $257 million from passive funds tracking the index as per the news report. This development is expected to enhance the company’s visibility among global institutional investors and increase liquidity in the stock.

Other Stocks Witnessing Weight Adjustments

Apart from Hyundai Motor India, several other stocks have seen their weightage revised in the index.

Stocks with Increased Weightage:

Stocks with Decreased Weightage:

Adani Green Energy Removed from MSCI Index

Adani Green Energy Ltd has been excluded from the MSCI Global Standard Index following the February review. The reasons for its removal are not explicitly stated but are likely due to changes in free float market capitalisation, liquidity, or overall market performance.

India’s Weight in MSCI Global Standard Index Rises

Following the latest rebalancing, India’s weight in the MSCI Global Standard Indexes will increase to 19% from 18.8%. However, despite this increase, India has slipped to 3rd place in the emerging markets ranking, losing the 2nd spot to Taiwan.

Emerging Market Rankings: China Maintains Leadership

  • China: 27.1% (up from 27%)
  • Taiwan: Moves to 2nd Position 
  • India: 19% (up from 18.8%)

The MSCI index adjustments will come into effect from February 28, 2025, influencing stock weightage and investment flows in global 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.

Shalby Hospital Secures Gujarat’s First Hand Transplant Approval

Shalby Hospital, Ahmedabad, has become the first medical institution in Gujarat to receive approval for conducting hand transplants. The approval, granted by the State Authorisation Committee, Government of Gujarat, under the Transplantation of Human Organs Act, 1994, marks a significant milestone for the hospital and the state’s healthcare sector.

As of 10:14 AM, Shalby’s share price was trading 3.27% lower on the NSE

Expanding the Scope of Reconstructive Surgery

Hand transplants represent a revolutionary advancement in reconstructive surgery, offering a life-changing solution for individuals who have lost their hands due to trauma, disease, or congenital conditions. 

With this approval, Shalby Hospital can now provide patients with the opportunity to regain hand functionality, significantly improving their independence and overall quality of life.

Enhancing Medical Capabilities and Patient Care

By being the first hospital in Gujarat to receive this approval, Shalby strengthens its position as a leader in advanced medical procedures. 

The ability to perform hand transplants not only expands the hospital’s service offerings but also enhances its reputation within the medical community. This milestone aligns with Shalby’s commitment to medical innovation and excellence in patient care.

Psychological and Emotional Benefits for Patients

Beyond the physical advantages, hand transplants have profound emotional and psychological benefits. Losing a limb can lead to significant mental distress, but the restoration of a hand through transplantation can alleviate trauma, boost confidence, and improve overall well-being.

A Progressive Step for Healthcare in Gujarat

This approval reflects the state’s growing emphasis on pioneering medical procedures and highlights the advancements being made in the healthcare infrastructure. It sets a precedent for other hospitals to pursue similar medical innovations, ultimately benefiting patients across the region.

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.

Oil India Signs MoU with Petrobras at India Energy Week 2025

Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise (CPSE) and one of India’s leading energy companies, has signed a Memorandum of Understanding (MoU) with Petrobras, Brazil’s state-controlled oil giant.

The agreement was formalised during India Energy Week (IEW) 2025 in New Delhi, signifying an important step towards bilateral cooperation in the energy sector.

The MoU was signed by Dr Ranjit Rath, Chairman & Managing Director of Oil India Limited, and Ms Magda Chambriard, CEO of Petrobras. This strategic collaboration is set to unlock potential hydrocarbon reserves in India’s offshore regions, furthering India’s aspirations in energy security and self-sufficiency.

The share price of Oil India reached an intraday high of ₹421.10 on the NSE. As of 10:06 AM, the stock was trading 1.29% lower.

Exploration Focus: India’s Deep and Ultra-Deep Offshore Regions

As per the agreement, OIL and Petrobras will jointly explore India’s deep and ultra-deep offshore basins, including key regions such as:

  • Mahanadi Basin
  • Andaman Basin
  • Other sedimentary basins identified for exploration

This initiative aligns with India’s push to ramp up hydrocarbon exploration and production, in accordance with the Hydrocarbon Exploration and Licensing Policy (HELP) and the Open Acreage Licensing Policy (OALP). Both policies aim to facilitate investment in oil and gas exploration and improve domestic production.

Significance of the Collaboration

This partnership between Oil India and Petrobras is expected to:

  • Strengthen bilateral ties between India and Brazil in the energy sector.
  • Enhance technical cooperation in offshore hydrocarbon exploration.
  • Leverage Petrobras’ deep-water expertise in India’s complex offshore basins.
  • Support India’s goal of reducing dependence on energy imports through increased domestic production.

With Petrobras being a global leader in deep-water oil extraction and Oil India spearheading exploration in Indian waters, the synergy between the two companies could yield promising results for India’s energy security ambitions.

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.

Jupiter Wagons Secures ₹600 Crore Order from Adani Cement Group and Expands EV Ecosystem

Jupiter Wagons Ltd, a prominent manufacturer of railway wagons, wagon components, and castings, has announced a significant business development. The company has received a Letter of Acceptance (LoA) from Ambuja Cements Ltd and ACC Ltd, both part of the Adani Cement Group, for the manufacture and supply of BCFCM rakes and BVCM wagons.

According to the regulatory filing, the order is valued at approximately ₹600 crore and was awarded on February 10, 2025. BCFCM refers to bogie-covered fly ash/cement wagons, which are crucial for cement transportation.

Jupiter Electric Mobility Expands EV Ecosystem

Apart from its core railway business, Jupiter Wagons’ subsidiary, Jupiter Electric Mobility Private Limited (JEM), is making significant strides in the electric vehicle (EV) sector. The company has launched JEM Saathi, an all-in-one mobile application aimed at enhancing the EV ecosystem by providing vehicle service communications, local business discovery, and charging infrastructure access.

Key Features of JEM Saathi:

  • Charging Infrastructure: In collaboration with Bengaluru-based Pulse Energy, JEM Saathi offers access to 1,300+ fast chargers, enhancing convenience for EV users.
  • Service Network Expansion: JEM has strengthened its service ecosystem by partnering with Automovill and Battwheels, bringing a 140+ service station network across India.

Share Price and Financial Performance

Despite these positive developments, Jupiter Wagons’ share price was trading 2.7% lower as of 9:58 AM on February 12, 2025.

On the financial front, the company reported an 18.4% year-on-year (YoY) increase in consolidated net profit to ₹96.4 crore for the quarter ended December 2024 (Q3FY25). This growth was primarily driven by increased revenue and improved operational efficiency.

Financial Highlights for Q3FY25:

  • Revenue from operations: ₹1,029.8 crore (up 15% YoY)
  • Total income: ₹1,044.7 crore (up 16% YoY)
  • EBITDA: ₹148.7 crore (up 19.5% YoY)
  • EBITDA margin: Expanded to 14.4% from 13.9% YoY

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.

Goa Among Top 3 States in Average AUM Per Folio, Surpasses Maharashtra

The state-wise distribution of mutual fund assets under management (AUM) reveals intriguing insights about investor participation across different regions. As of December 2024, New Delhi, Goa, and Maharashtra have emerged as the top 3 states with the highest average AUM per folio, surpassing the ₹1 lakh mark.

The calculation of average AUM per folio is straightforward—it is derived by dividing the total AUM of a state by the total number of folios registered in that state. This metric provides an indicator of investor engagement, average ticket size, and the overall investment appetite of residents within each region.

Top States Based on Average AUM Per Folio

A closer look at the numbers highlights the significant gap between the leading states and others. The top 3 states with the highest average AUM per folio are:

  • New Delhi: ₹2.76 lakh
  • Goa: ₹2.45 lakh
  • Maharashtra: ₹2.25 lakh

These are the only three regions where the average AUM per folio exceeds ₹1 lakh, indicating a concentration of high-value investments in these states.

Following closely behind, Haryana, Karnataka, and Gujarat occupy the next three positions with figures of ₹78,700, ₹71,750, and ₹71,570, respectively. These states have a robust investor base but trail the leaders by a considerable margin.

Interestingly, smaller regions like Sikkim and Andaman & Nicobar Islands have also made it to the top ten, suggesting that even states with lower population densities are witnessing growing investment participation.

Here’s a look at the 9 nine states based on average AUM per folio:

States/UTs Average AUM per capita in ₹
New Delhi 2,75,570
Goa 2,44,630
Maharashtra 2,24,760
Haryana 78,700
Karnataka 71,750
Gujarat 71,570
Tamil Nadu 41,190
West Bengal 35,480
Sikkim 32,780

At the lower end of the spectrum, Bihar has the lowest average AUM per folio at ₹5,700, followed by Manipur (₹5,190) and Jammu & Kashmir (₹7,570), indicating a relatively lower mutual fund penetration in these regions.

AUM to GDP Ratio: Measuring Investment Depth

While average AUM per folio provides insights into individual investment levels, another important metric to consider is the AUM to GDP ratio, which indicates the proportion of a state’s economic output held in mutual fund investments.

As expected, Maharashtra leads the rankings with an AUM to GDP ratio of 90%, reflecting its dominant position as India’s financial hub. New Delhi follows with 54%, while Goa holds the 3rd position with 46%.

Interestingly, Jharkhand, which doesn’t feature in the top states for average AUM per folio, finds its place in the top 10 when measured by the AUM to GDP ratio. This highlights how investment penetration varies when adjusted for the size of the state’s economy.

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.

SEBI’s Proposed Framework for Unclaimed Funds and Securities: Protecting Investor Interests

In an effort to safeguard investor interests, the Securities and Exchange Board of India (SEBI) has proposed a structured framework to handle unclaimed funds and securities lying with stockbrokers. According to SEBI, as of January 31, 2024, unclaimed funds in the market had reached ₹323 crore, while unclaimed securities amounted to ₹182 crore.

These unclaimed assets often arise due to incomplete or incorrect demat account details, non-traceability of clients, or a lack of access for legal heirs and nominees. To mitigate these challenges, SEBI’s proposal outlines a process to systematically deal with such funds and securities.

Placing Unclaimed Accounts Under “Enquiry Status”

To address instances where investors are unreachable or their bank accounts cannot be credited, SEBI proposes placing such accounts under “enquiry status”.

  • Stockbrokers will be required to reach out to clients using all feasible communication channels.
  • If securities remain with the broker for over 30 days under enquiry status, they will be classified as unclaimed securities.
  • If funds remain unclaimed for 1 year, they will be transferred to a dedicated bank account of the designated stock exchange on a quarterly basis.
  • After 3 years, these funds will be moved to the Investor Protection Fund (IPF), a pool that is used to safeguard investors.

Enabling Investors, Nominees, and Legal Heirs to Claim Funds

To facilitate the retrieval process, SEBI has mandated that stock exchanges and stockbrokers provide an online search facility on their websites. This feature will allow:

  • Investors to check for any unclaimed funds or securities in their name.
  • Legal heirs and nominees to track and claim assets belonging to deceased investors.

Additionally, SEBI has outlined specific procedures and timelines for handling funds before they are transferred to the dedicated bank account or the IPF. This structured approach aims to streamline the recovery process and enhance investor protection.

SEBI’s Broader Investor Protection Measures

SEBI has been actively working towards enhancing transparency and protecting investors’ assets. In December 2024, the regulator proposed a new platform named Mutual Fund Investment Tracing and Retrieval Assistant (MITRA). This initiative is designed to help investors track and retrieve inactive mutual fund folios, further extending its commitment to investor security.

With these measures in place, SEBI continues to reinforce market integrity and ensure that investors’ assets do not remain unclaimed due to procedural inefficiencies.

Ensure steady returns with systematic withdrawals! Estimate your withdrawals with our SWP Calculator and manage your finances seamlessly.

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.

CDSL Registers Over 15 Crore Demat Accounts

Central Depository Services (India) Limited (CDSL) has achieved a significant milestone by becoming the first depository in India to register over 15 crore (150 million) demat accounts. This achievement cements CDSL’s role as a pivotal institution in the Indian capital markets, facilitating seamless digital transactions and financial inclusion.

CDSL’s share price has slipped below ₹1,200 as of 9:32 AM, trading down 3.56% on the NSE amid a fragile market.

About CDSL: Pioneering Depository Services in India

Established in 1999, CDSL has consistently aimed to provide secure, efficient, and reliable depository services to investors across India. Over the past 25 years, the company has played a crucial role in modernising the capital markets by enabling electronic holding and transactions of securities.

As a Market Infrastructure Institution (MII), CDSL supports various capital market participants, including depository participants, issuers, investors, registrars and transfer agents (RTAs), clearing corporations, and stock exchanges. The depository’s robust infrastructure ensures safe and seamless transactions for investors nationwide.

The Only Listed Depository in Asia

CDSL holds a unique position as the only publicly listed depository in Asia. With over 570+ depository participants and an ever-expanding network, it has successfully integrated cutting-edge technology to enhance market efficiency.

Its commitment to innovation and excellence has earned it prestigious accolades, including:

  • ‘Market Infrastructure of the Year’ at the 7th Regulation Asia Awards for Excellence 2024.
  • ‘CSD of the Year’ at the Asset Service Times – Industry Excellence Award 2023.
  • Several other industry recognitions for business transformation and market innovation.

CDSL’s Subsidiaries: Strengthening Financial Infrastructure

Beyond its core depository services, CDSL has diversified its offerings through key subsidiaries that provide essential financial services:

  • CDSL Ventures Limited (CVL): India’s first and largest KYC Registration Agency (KRA), also offering services such as Registrar & Share Transfer Agent (RTA), GST Suvidha Provider (GSP), and Academic Depository.
  • Centrico Insurance Repository Limited (CIRL): A certified Insurance Repository under the IRDAI, facilitating seamless management of insurance policies in digital form.
  • Countrywide Commodity Repository Limited (CCRL): Provides electronic warehouse receipts (eNWRs or eNNWRs) for commodities stored in WDRA-registered warehouses, supporting farmers, farmer producer organisations (FPOs), and manufacturers.

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.

Cyient DLM Signs Production Deal With Boeing for Precision Machining

Cyient DLM has secured a production contract with Boeing Global Services for precision-machined parts and assemblies. This agreement signifies a significant step in their partnership and highlights Cyient DLM’s growing expertise in delivering high-precision components to the aerospace industry.  

Advancing Aerospace Capabilities  

The contract underscores Cyient DLM’s advanced manufacturing capabilities and commitment to excellence in aerospace engineering. CEO Anthony Montalbano emphasised that this collaboration strengthens their relationship with Boeing and showcases their ability to meet high industry standards.  

Industry Certifications and Expertise  

Cyient DLM is a recognised leader in the aerospace and defence sector, holding AS9100C aerospace certification and being the first in India to receive NADCAP certification for Circuit Card Assembly. With over three decades of experience, the company specialises in manufacturing prototypes, precision machining and additive manufacturing.  

Commitment to Innovation  

As an integrated electronics manufacturing solutions provider, Cyient DLM offers design-led manufacturing solutions, including design, testing and certification support. Their global presence and focus on safety-critical electronics in regulated industries reinforce their role as a transformative force in aerospace and defence technology.

Diverse Manufacturing Capabilities  

Cyient DLM specialises in end-to-end manufacturing solutions including small-batch production, box builds, sub-assemblies and full-system integration. The company also leverages additive manufacturing (3D printing) for proof-of-concept designs, design verification and functional testing, ensuring innovative and high-quality solutions for its clients.

Share Price Performance 

As of February 12, 2025, at 9:25 AM, shares of Client DLM are trading at ₹425.60 per share, reflecting a surge of 0.87% from the previous day’s closing price. Over the past month, the stock has registered a loss of 28.10%. The stock’s 52-week high stands at ₹883.80 per share, while its 52-week low is ₹413.85 per share.

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 Overseas Bank lowers lending rate to 9.1% effective Feb 11

Indian Overseas Bank (IOB) has announced a revision in its External Benchmark Lending Rate (EBLR), following the Reserve Bank of India’s (RBI) recent decision to lower the Repo Rate. This adjustment aligns with the new monetary policy directive, effective from February 11, 2025.

RBI’s Repo Rate Cut and Its Impact

The Reserve Bank of India conducted its Monetary Policy Committee (MPC) meeting from 5th to 7th February 2025, concluding with a decision to reduce the Repo Rate by 25 basis points (bps). 

Consequently, the bank has adjusted its Repo Linked Lending Rate (RLLR) from 9.35% to 9.10%, reflecting the new Repo Rate of 6.25%, down from 6.50%. This reduction is aimed at enhancing liquidity in the financial system and easing borrowing costs for consumers.

Implications for Borrowers and the Banking Sector

With the revision in EBLR, borrowers with loans linked to external benchmarks, particularly the Repo Rate, are expected to benefit from reduced interest costs. 

The banking sector, in response, will adjust its lending strategies to accommodate the new rate structure. This change is also likely to influence overall credit demand and economic activity in the coming months.

IOB Share Performance

As of February 11, 2025, at 3:00 PM, shares of IOB are trading at ₹48.25 per share, reflecting a decline of 2.58% from the previous day’s closing price

Conclusion

Indian Overseas Bank has revised its External Benchmark Lending Rate following RBI’s decision to cut the Repo Rate. This move is expected to have a notable impact on borrowers and the banking sector by lowering lending costs and fostering financial stability.

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.

ONGC and BP Partner to Boost Production at Mumbai High Oil Field

The Oil and Natural Gas Corporation Limited (ONGC), a prominent Indian central public sector undertaking, stands as the nation’s foremost government-owned explorer and producer of oil and gas. It commands approximately 70% of India’s domestic crude oil production and 84% of its natural gas output.

ONGC has Partnered with BP

In a strategic collaboration, ONGC has partnered with BP to revitalise production at the Mumbai High oilfield, a complex multi-layered field situated in India’s offshore Mumbai region. This partnership aspires to arrest the field’s production decline and chart a trajectory of sustainable growth.

Under the arrangement, BP will act as the Technical Services Provider (TSP), earning a fixed fee for two years, subsequently transitioning to a performance-based remuneration model linked to incremental oil and gas production.

The initiative aims to bolster oil recovery at Mumbai High through advanced sub-surface analyses, system optimisations, and enhanced reservoir management techniques. This alliance is expected to not only elevate India’s domestic hydrocarbon output, bolstering its economy but also yield lucrative service fee returns for BP.

Statement From BP Management 

Kartikeya Dube, BP India’s Head of Country and Chairman, stated: “This collaboration further underscores our steadfast commitment to oil and gas exploration and production in India. 

It creates value for both partners while supporting the nation’s vision for energy self-sufficiency and security.”Despite the collaboration, ONGC will retain ownership and operational control of the field. The venture will commence with BP deploying technical experts by March 2025, supported by a joint management team to ensure flawless execution.

Statement From Hardeep Singh Puri

India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, highlighted: “While ONGC retains ownership of the field, this landmark technological partnership will harness BP’s expertise in managing complex mature reservoirs, deploying advanced recovery technologies, and implementing global best practices to elevate production from this iconic asset.”

Statement From ONGC

Echoing these sentiments, ONGC Chairman and CEO Arun Kumar Singh remarked: “By engaging a TSP, ONGC aims to unlock the full potential of the Mumbai High field, leveraging cutting-edge technologies and world-class practices to safeguard its pivotal role in India’s energy future.”

ONGC Share Price Performance 

At 3:30 PM on February 11, 2025, Oil and Natural Gas Corporation Ltd shares traded at ₹239.40 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.