Allied Digital Services Limited has been awarded a project by Maharashtra State Electricity Transmission Company Limited (MSETCL) to upgrade its network infrastructure using Software-Defined Wide Area Network (SD-WAN)technology.

Project Details 

The project involves the supply, installation, configuration, and commissioning of an advanced SD-WAN solution across MSETCL’s offices in Maharashtra. Allied Digital will also deploy cloud instances to support the SD-WAN system and integrate it with MSETCL’s cloud infrastructure. The Division Office level will be covered as part of the implementation, ensuring a stable and secure network.

The contract is valued at over  ₹14 crore and is expected to be completed in 4-8 weeks. Post-implementation, Allied Digital will handle operations and maintenance (O&M) for 60 months.

MSETCL’s Role in Power Transmission

MSETCL, a fully owned corporate entity of the Maharashtra government, is responsible for transmitting electricity from power generation points to distribution centers. The company manages a portion of the state’s power transmission network and is focusing on modernizing its infrastructure to improve efficiency and reliability.

Company Background

Allied Digital is a global IT services and solutions provider with operations in over 70 countries. The company works across infrastructure management, cloud enablement, cybersecurity, and digital transformation projects. It has previously undertaken large-scale digital projects, including smart city initiatives.

Financial Performance

For Q3 FY25, Allied Digital reported a 51.4% increase in net profit at ₹17.71 crore, compared to ₹11.70 crore in Q3 FY24. Net sales rose 28.9% year-on-year to ₹220.57 crore.

Following the announcement,  As of February 7, 11:53 AM, Allied Digital Services Ltd. is trading at ₹277.20, up ₹2.19 (0.80%) today, showing a 32.57% gain over the past six months and a 68.20% increase over the past year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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Petronet LNG Limited has entered into a definitive sale and purchase agreement with Deepak Phenolics Limited to supply propylene and hydrogen for the next 15 years. This agreement, approved by PLL’s Board on 27th January 2025 and signed on 6th February 2025, marks a strategic milestone in the Indian petrochemical industry. The long-term contract ensures reliability in the supply of key chemicals, fostering industrial growth and operational efficiency.

Key Terms of the Agreement

Under the agreement, PLL will supply 250 kilotonnes per annum (KTA) of propylene and 11 KTA of hydrogen from its Petrochemical Complex in Dahej, Gujarat. The contract ensures a steady and high-quality supply of these materials to DPL, supporting its manufacturing processes. Propylene is a crucial component in the production of various polymers and chemicals, while hydrogen plays a growing role in energy and industrial applications.

The agreement provides DPL with a stable procurement source, allowing it to optimise production while reducing supply chain risks. For PLL, this deal reinforces its position in the petrochemical sector, ensuring a consistent demand for its products and diversifying its revenue streams beyond LNG operations. The 15-year duration of the agreement offers long-term benefits, shielding both companies from market volatility.

Strategic Impact on the Industry

This collaboration represents a significant step in the evolving petrochemical landscape of India. For PLL, the agreement strengthens its downstream expansion strategy, highlighting its capability to integrate petrochemical production into its core business model. The company’s Dahej complex is poised to play a vital role in meeting the country’s growing demand for propylene and hydrogen, reinforcing its contribution to industrial development.

For DPL, securing a reliable supply of essential raw materials enhances its production stability, ensuring that its phenol and acetone manufacturing operations run smoothly.

Petronet LNG Share Performance 

As of February 07, 2025, at 9:30 AM, the shares of Petronet LNG are trading at ₹311.35 per share, reflecting a surge of 0.27% from its previous day’s closing price. The stock has experienced a decline of 5.78% over the past month.

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.

Mahindra Logistics Limited, a leading integrated logistics solutions provider, has announced a strategic partnership with Asian Paints to optimise transportation solutions. This collaboration aims to improve supply chain efficiency by integrating Mahindra Logistics’ Pro-Trucking services with Asian Paints’ distribution network.

Pro-Trucking: Enhancing Logistics Efficiency

Mahindra Logistics has introduced “Pro-Trucking,” a premium, fuel-efficient fleet designed for pan-India transportation. This fleet ensures high utilisation, improved turnaround times (TAT), and enhanced fleet availability. Additionally, it offers route management, real-time tracking, and seamless integration with transportation and warehouse management systems. Equipped with BS6 vehicles and advanced safety features like ADAS and digital locking systems, Pro-Trucking enhances security and operational efficiency. The system also includes an Emission Analytics Platform, allowing real-time tracking of carbon footprints.

Strengthening the Asian Paints Supply Chain

Asian Paints, known for its advanced supply chain practices, aims to leverage Mahindra Logistics’ Pro-Trucking to further optimise its logistics operations. This partnership builds on their existing collaboration in warehousing and is expected to enhance cost efficiency, service quality, and innovation. By integrating dedicated transportation solutions, Asian Paints can streamline its distribution, ensuring better fleet availability and increased supply chain visibility.

Mahindra Logistics & Asian Paints Share Performance 

As of February 07, 2025, at 9:37 AM, the shares of Mahindra Logistics are trading at ₹369.50 per share down by 0.07% from its previous day’s closing price.

While the shares of Asian Paints are trading at ₹2,250.30 per share down by 0.58% from its previous day’s closing 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. 

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Aurobindo Pharma has decided to take full control of Tergene Biotech by acquiring the remaining shares from its subsidiary, Auro Vaccines. This step will simplify the company’s structure, enhance management efficiency and support its expansion in the biotech and pharmaceutical industry.

Overview of the Acquisition

Aurobindo Pharma has approved the acquisition of the remaining 80% equity stake in Tergene Biotech Limited from Auro Vaccines Private Limited. This transaction will transition Tergene from a step-down subsidiary to a direct subsidiary of Aurobindo Pharma. 

Financial and Regulatory Aspects

The acquisition is valued at ₹107.6 million and will be executed through cash payment. Since Aurobindo Pharma and its subsidiaries are related entities, the transaction falls under internal restructuring and does not require regulatory approvals. The acquisition will not impact Aurobindo Pharma’s overall finances since Tergene has had no revenue in recent years and a net loss of ₹42.40 crore.

Reason for Acquisition and Industry Background

Tergene Biotech operates in the pharmaceutical sector, specialising in the manufacturing and marketing of pharmaceutical products. Aurobindo Pharma’s objective behind this acquisition is to streamline its corporate structure by directly integrating Tergene into its operational framework. This move aligns with the company’s strategic initiatives to strengthen its presence in the biotech and vaccine segments.

Timeline and Additional Details

The acquisition is expected to be completed by February 28, 2025. Tergene, established in 2008 in India, previously recorded a revenue of ₹15 million in FY 2021-22 but reported no turnover in the past two financial years. Despite its financial challenges, Aurobindo Pharma sees value in fully owning and managing its subsidiary to optimize business operations and future growth.

Aurobindo Pharma Share Performance 

As of February 07, 2025, at 11:05 AM, the shares of Aurobindo Pharma Ltd are trading at ₹1,209.35 per share, up 1.47% from yesterday’s closing price. Over the last month, the stock has declined by 6.79%. The stock’s 52-week high is ₹1,592 and its low is ₹958.50.

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.

The Rail Land Development Authority (RLDA) has selected HG Infra Engineering and DEC Infrastructure Private Limited as the lowest bidder (L1) for the redevelopment of the New Delhi Railway Station.

The contract has been awarded at ₹2,195.68 crore, lower than RLDA’s estimated cost of ₹2,469 crore. The project is expected to be completed within 45 months.

Project Details and Financial Aspects

HG Infra Engineering and DEC Infrastructure Private Limited have formed a joint venture to execute the project, with HG Infra holding a 49% stake and DEC Infrastructure holding a 51% share. 

The redevelopment will follow the Engineering, Procurement, and Construction (EPC) mode. The project aims to enhance passenger experience by modernising the infrastructure while maintaining operational efficiency at one of India’s busiest railway stations.

The redevelopment project has faced several hurdles in the past, with earlier bids being significantly higher than the RLDA’s estimated budget. Despite multiple attempts since 2002-03, the project faced financial and administrative roadblocks. 

In 2021, the Public-Private Partnership (PPP) model was considered but could not proceed due to high quoted costs.

Challenges and Historical Context

One of the major challenges for this redevelopment is the congestion in the Ajmeri Gate and Paharganj areas, which surround the station. These heavily populated regions pose logistical difficulties for large-scale infrastructure projects. 

Railway officials have previously acknowledged that managing traffic and minimising disruptions will be crucial to the success of the project.

The New Delhi Railway Station redevelopment was first proposed in 2002-03 but failed to secure adequate funding. The idea resurfaced in 2008-09 but encountered planning issues. The latest plan gained traction in 2022 when the Railway Ministry released a proposed design, showcasing improved passenger amenities and upgraded facilities.

HG Infra Share Performance

As of February 07, 2025, at 2:25 PM, the shares of HG Infra are trading at ₹1,261.25 per share down by 0.89% from its previous day’s closing 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. 

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Vakrangee Limited has announced a corporate agency partnership with Tata AIG General Insurance Company Limited. This agreement will allow Vakrangee to offer Tata AIG’s general insurance products, including health, motor, travel, and other insurance plans, through its network of Vakrangee Kendras. 

The partnership is focused on expanding access to insurance services, especially in areas where such financial products are not easily available.

Reaching Underserved Areas

Vakrangee Kendras are multi-service outlets providing various financial and digital services. A significant 83% of these outlets are in Tier-4 to Tier-6 locations, making them positioned to serve communities with limited access to insurance.

Apart from insurance, Vakrangee Kendras offer banking, ATM access, e-governance, assisted e-commerce, and healthcare services. The company has been expanding its service portfolio through partnerships with multiple businesses. 

Financial Performance 

In Q3 FY2024-25, Vakrangee reported a total income of ₹6,863 lakh, showing a 31.7% increase YoY. Its profit before tax stood at ₹161.3 lakh, marking a 72% rise compared to the previous year. For the nine-month period, total income reached ₹19,429.6 lakh, while profit before tax saw a 110.1% increase to ₹590.6 lakh. 

Vakrangee has a market capitalisation of over ₹1,900 crore. LIC holds a 4.41% stake, while FIIs increased their stake to 2.82% in December 2024 from 2.74% in September 2024.

Vakrangee Limited’s stock is trading at ₹17.68, down ₹0.93 (5.00%) as of February 7, 11:20 AM. Over the past six months, the stock has declined by 19.20%, and over the past year, it has dropped by 35.73%.

About Tata AIG

Tata AIG General Insurance, a joint venture between the Tata Group and American International Group (AIG), started operations in 2001. The company has ₹30,577 crore in assets under management (AUM) as of December 2024 and operates 249 branches across India. 

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. 

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Max India has approved an investment of up to ₹219 crore in its wholly owned subsidiaries, Antara Senior Living Limited and Antara Assisted Care Services Limited, for the financial year 2025-26. The funds will be infused through a rights issue or inter-corporate deposits (ICDs) in multiple phases, depending on the subsidiaries’ requirements.

As of February 7, 2025, at 12:03 PM, Max India Ltd. is trading at ₹240.60, down ₹12.10 (-4.79%) for the day, declining 23.81% over the past six months but gaining 13.52% in the past year.

Allocation of Funds

The investment will be divided as follows:

• ₹71 crore for Antara Senior Living Limited
• ₹148 crore for Antara Assisted Care Services Limited

The company will either subscribe to new equity or preference shares under rights issues or provide ICDs to support the funding needs of these businesses.

Purpose of the Investment

The funding is aimed at meeting the business expansion and operational requirements of both subsidiaries. Antara Senior Living Limited focuses on senior living communities, while Antara Assisted Care Services Limited provides assisted care services.

India’s senior population (aged 60 and above) is to reach 347 million by 2050, increasing the demand for senior living and healthcare services. Companies operating in this space are expanding to meet the growing requirements of this segment.

Regulatory Filings

The details of this investment have been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The required information is included in ‘Annexure-C’ of the company’s filing.

Investment Timeline

The capital infusion will take place over multiple phases throughout the financial year 2025-26. The company will assess the funding needs and proceed with the investment accordingly. This approval allows Max India to allocate capital towards its subsidiaries as they expand their operations and services.

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.

Sudarshan Chemical Industries Limited (SCIL), established in 1951 and headquartered in Pune, India, stands as a preeminent global manufacturer of colour and effect pigments. With over seven decades of expertise, SCIL offers an extensive portfolio, including organic, inorganic, and effect pigments, alongside performance colourants and speciality chemicals.

Sudarshan Chemical Industries Limited (SCIL) Lauched New Products

On February 6, 2025, SCIL unveiled a strategic expansion to its product lineup with the launch of five pioneering pigments specifically designed for agro-based applications. 

These cutting-edge products—Sudafast Red 336AG, Sudafast Green 2730AG, Sudafast Blue 2786AG, Sudaperm Violet 2940AG, and Sudafast Green 2717AG—are engineered to meet the stringent demands of both domestic and international agricultural markets. Boasting superior stability and effectiveness, they are poised to revolutionise pigment solutions within the sector.

SCIL Future Plan 

This product launch exemplifies SCIL’s unwavering commitment to innovation and the delivery of value-driven solutions while reinforcing its adherence to exemplary standards of corporate governance. The company’s proactive approach aligns seamlessly with its strategic mission to cater to evolving customer demands and fortify its global presence.

New Products does not Follow SEBI Guidelines

Although this development marks a significant milestone, SCIL clarified that the announcement does not constitute a material event under the Securities and Exchange Board of India (SEBI) guidelines. Nonetheless, the company’s dedication to transparency and engagement with stakeholders remains resolute.

Sudarshan Chemical Industries Limited (SCIL) Q2 FY25 Results

SCIL demonstrated an impressive performance for the second quarter of FY25, ending on 30th September 2024. The company recorded a consolidated net profit of ₹29.90 crore, representing a remarkable 67.41% surge compared to ₹17.86 crore in the corresponding quarter of the previous fiscal year. 

Revenue from operations saw robust growth, increasing by 15.83% to ₹688.91 crore, up from ₹594.75 crore in the same period last year.

Sudarshan Chemical Industries Ltd. Share Price and Performance 

At 12:47 PM today, Sudarshan Chemical Industries Ltd. shares traded at ₹1,028.05 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.

IdeaForge Technology has launched its latest unmanned aerial vehicle (UAV), the NETRA 5, engineered for critical military and surveillance operations. Weighing under 8 kg, the drone is designed for rapid deployment and features advanced sensors, AI-driven tracking, and modular payload adaptability.

Cutting-Edge Capabilities for Enhanced Operations

The NETRA 5 is a man-portable UAV that can be deployed in under three minutes, making it suitable for fast-response scenarios. Equipped with all-weather radar sensors and obstacle detection, it ensures safe operations in complex environments.

The drone can detect and track military assets such as bunkers, tanks, and bridges, as well as identify people and moving objects in real-time, even in GNSS-denied conditions.

With its modular design, the NETRA 5 accommodates a primary dual electro-optical/infra-red (EO/IR) sensor and a secondary payload bay supporting an open communication protocol. 

This enables integration with LiDAR, multispectral sensors, and synthetic aperture radar (SAR), expanding its applications to fog penetration, threat detection, precision delivery, and mapping. Built to withstand extreme conditions, it can endure up to 5,000 landings while maintaining operational efficiency.

Ideaforge’s Continued Innovation in UAV Technology

Founded in 2007 by Ankit Mehta, Ashish Bhat, and Rahul Singh, ideaForge is backed by Infosys and Qualcomm Ventures. The company specialises in UAVs for defence, homeland security, mining, construction, agriculture, energy, and utilities. Since pioneering India’s first VTOL UAVs in 2009, ideaForge has expanded its R&D and manufacturing facilities across Navi Mumbai and Bengaluru, maintaining a strong strategic presence in Delhi and the US.

ideaForge claims to have India’s largest operational deployment of indigenous UAVs, with one drone taking off every three minutes and over 600,000 successful flights to date. The company will officially showcase the NETRA 5 along with its tactical UAV, SWITCH V2, and a logistics UAV concept at Aero India 2025 in Bengaluru next week.

Ideaforge Technology Share Performance

As of February 07, 2025, at 9:50 AM, the shares of Ideaforge Technology are trading at ₹448.90 per share down by 1.29% from its previous day’s closing 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

The Tata Power Company Limited, a distinguished integrated power enterprise and a key constituent of the Tata Group—India’s largest multinational business conglomerate—boasts a diverse power generation portfolio of 15.6 GW.

Tata Power has Successfully Restored Unit 5

Tata Power has successfully restored Unit 5 (500 MW) at its Trombay Thermal Power Station within a record-breaking timeframe, following a fire incident in the cable vault on September 23, 2024.

Demonstrating exceptional operational efficiency, the restoration was accomplished within just four months from the placement of the order, ensuring the uninterrupted supply of power to the grid.

The unforeseen fire had temporarily disrupted operations, but thanks to the swift and coordinated efforts of the Trombay team and fire safety authorities, the incident was swiftly contained. Meticulous damage assessment and the execution of a comprehensive and expeditious restoration plan ensured minimal disruption to the power supply.

Trombay Plant Since 1956

Since its inception in 1956, the Trombay Plant has been central to Mumbai’s power infrastructure, starting with the city’s first 62.5 MW thermal power station. Between 1960 and 1997, it expanded with eight additional units, strengthening energy security. 

 

Notably, Unit 5 became India’s first 500 MW multi-fuel generating unit, featuring a then-record 150-metre chimney. With a current capacity of 930 MW, the Trombay Plant continues to provide reliable electricity to both bulk and retail consumers, playing a key role in Mumbai’s power ecosystem.

Tata Power’s Unit 5

Complementing Unit 5, Tata Power’s 447 MW hydroelectric plants play a vital role in balancing peak demand and integrating renewables, strengthening Mumbai’s energy landscape. Focused on advanced technologies and system reliability, Tata Power’s successful reactivation of Unit 5 positions it to meet rising energy demands, reaffirming its commitment to innovation, sustainability, and consumer satisfaction.

Tata Power Company Ltd. Share Price and Performance

At 1:13 PM today, Tata Power Company Ltd shares traded at ₹369.70 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.