Thomas Cook (India) Limited, a well-known travel company, has signed a two-year agreement with the Moscow Project Office for Tourism & Hospitality Development. The partnership seeks to enhance relations between India and Moscow by exchanging knowledge and offering distinctive travel experiences for Indian tourists.

Strategic Partnership

The MoU was signed by Rajeev Kale, a senior executive at Thomas Cook India and Evgeny Kozlov, a high-ranking official from the Moscow City Tourism Committee. The partnership aims to strengthen ties between India and Moscow by sharing knowledge and creating unique travel experiences for Indian tourists.

Focus Areas of the Collaboration

The partnership aims to boost tourism and business travel between India and Moscow. Thomas Cook and SOTC Travel will create new travel packages, train travel experts and promote Moscow as a popular destination. They will also run special marketing campaigns to attract more Indian tourists for both vacations and business trips.

Moscow as a Tourist Destination  

Moscow’s mix of architecture, culture, art and food makes it a great destination for Indian tourists. Rajeev Kale highlighted that Indian travellers seek unique experiences and Moscow offers rich history, sightseeing and nightlife. The partnership will arrange trips to help Indian tourists explore Moscow’s attractions.

Statements from Key Leaders

Evgeny Kozlov is excited about the partnership, calling Thomas Cook India a key player in tourism. He said special presentations will showcase Moscow to Indian travellers, especially for business events. This collaboration will help increase tourism between both regions.  

About the Moscow Project Office for Tourism, Hospitality Development

The Moscow City Tourism Committee is responsible for promoting Moscow as a top travel destination. In 2023, the city attracted over 2.3 million international tourists including many from India. The committee works on initiatives such as business meetings, tourism fairs and promotional events to attract foreign visitors.

Thomas Cook (India) Ltd Share Performance 

As of February 1, 2025, at 10:10 AM, Thomas Cook shares are trading at ₹157.26, up 2.26% from yesterday. The stock has fallen 19.70% over the past month and has a 52-week range of ₹264 to ₹140.05.

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.

KP Green Engineering has announced new orders worth ₹111.80 crore from multiple clients in January 2025. These contracts span across various segments, including solar projects, pooling substations, solar rooftop installations, and transmission towers. The company aims to complete most of these orders by the end of the current financial year, March 31, 2025.

Major Solar Project Orders

A significant portion of the new contracts comprises solar-related projects, amounting to ₹59.60 crore. These include fixed tilt module mounting structures, tracker-type module mounting structures, and structure parts. This expansion in solar infrastructure highlights KP Green Engineering’s continued commitment to renewable energy solutions.

Additionally, the company has secured orders for pooling substations worth ₹36 crore. Pooling substations are critical in integrating renewable energy into the grid, enabling efficient power transmission from multiple solar installations to the main network.

Diverse Contracts Strengthening Market Position

Apart from solar projects, KP Green Engineering received orders for solar rooftop projects valued at ₹8.7 crore. These installations contribute to the decentralisation of energy production and promote sustainable power generation.

The company also secured contracts worth ₹7.5 crore for transmission towers, further enhancing its role in strengthening the power transmission infrastructure. These diverse projects underscore KP Green Engineering’s expanding market presence across multiple segments.

KP Green Share Performance

As of February 01, 2025, at 9:20 AM, shares of KP Green are trading at ₹509.65 per share, reflecting a surge of 4.20% from the previous day’s closing price. Over the past month, the stock has registered a decline of 8.06% and over the last year it has surged by 142.69%. 

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.

Greenlam Industries Ltd has taken significant corporate action by announcing a bonus issue in the ratio of 1:1. This means that for every 1 share held, shareholders will receive 1 additional free share at no extra cost.

As per the company’s exchange filing, the record date for the bonus issue is yet to be determined. This is the 1st ever bonus issue in the company’s history, despite its past corporate actions, including dividend payouts and a stock split from ₹5 to ₹1.

Share price of Greenlam Industries trading at ₹555 at 3:17 PM as of January 31, 2025. 

Why Do Companies Issue Bonus Shares?

Bonus shares are issued primarily to capitalise free reserves and increase a company’s paid-up capital. This move also has implications for the company’s Earnings Per Share (EPS) and helps in reducing accumulated reserves. Since these shares are distributed at no additional cost to shareholders, they are often referred to as free shares.

Greenlam Industries’ Q3FY25 Financial Performance

Alongside the bonus announcement, the company also released its financial results for the Q3 quarter ended December 31, 2024.

• Revenue from operations: Grew 6.9% YoY to ₹602 crore, compared to ₹563 crore in Q3FY24.
• Segment-wise performance:
  • Laminates: Value growth of 4% and volume growth of 2.6% YoY.
  • Engineered Flooring: Grew by 13.8%.
  • Engineered Doors: Reported a massive 49.5% growth.
  • Plywood: Surged by 90.7%.
• Gross margins: Increased 20 basis points, reaching 55.0% compared to 54.8% in Q3FY24.
• Net profit: Declined to ₹12.5 crore from ₹25 crore in the previous year’s corresponding quarter.

Increase in Authorised Share Capital

In another development, Greenlam Industries has approved an increase in its authorised share capital. The company’s authorised capital will rise from ₹19 crore (19 crore equity shares of ₹1 each) to ₹30 crore (30 crore equity shares of ₹1 each).

What’s Next for Shareholders?

With the bonus issue marking a significant milestone in the company’s journey, investors are now awaiting the announcement of the record date. The move not only rewards existing shareholders but also enhances liquidity in the stock market.

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.

NTPC Ltd, India’s largest power generation company and a Maharatna public sector undertaking (PSU), is trading ex-dividend. On January 31, 2025, as of 2:20 PM, on the National Stock Exchange (NSE), the share price stood at ₹322.5. The ex-dividend status follows the company’s announcement of a second interim dividend of ₹2.50 per equity share for the financial year 2024-25.

The company’s Board of Directors approved this dividend in their meeting on January 25, 2025. Investors who held NTPC shares before the record date of January 31, 2025, will be eligible to receive the dividend, with the payment scheduled to be credited by February 24, 2025.

NTPC’s Financial Performance in Q3 FY25

NTPC Ltd recently reported its financial results for the Q3 quarter of FY25, showcasing steady growth in profitability and revenue:

• Net Profit: ₹4,711.4 crore, marking a 3.1% increase from ₹4,571.9 crore in the same quarter last year.
• Revenue: ₹41,352.3 crore, reflecting a 4.8% year-on-year growth from ₹39,455 crore.
• EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation): Surged 20.3% to ₹11,960.6 crore, up from ₹9,941 crore in Q3 FY24.
• EBITDA Margin: Improved to 28.9% from 25.2% year-on-year, indicating enhanced operational efficiency.

Dividend History and Yield of NTPC

NTPC has a consistent history of rewarding shareholders through dividends. Since February 25, 2005, the company has declared 44 dividends, highlighting its commitment to returning value to investors.

• Dividends in the last 12 months: ₹10.50 per share.
• Current Dividend Yield: At a market price of ₹322.5 per share, the yield stands at approximately 3.3%.

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.

HCL Technologies (HCLTech) and Microsoft have collaborated with Cricket Australia (CA) to introduce generative AI (GenAI) technology into the Cricket Australia Live app. This partnership aims to redefine the fan experience by providing real-time, AI-driven insights during live matches.

AI Insights: A Game-Changing Matchday Companion

The latest addition to the Cricket Australia Live app is the AI Insights matchday companion, designed to provide users with real-time, text-based updates throughout matches. This feature, powered by a deep understanding of cricket, highlights key moments, player performances, and significant milestones, offering more than just live scores and commentary. The AI-driven updates add context and analysis, enriching the viewing experience for fans worldwide.

The AI Insights matchday companion made its debut at the Melbourne Cricket Ground (MCG) during the CommBank Women’s Ashes series between Australia and England. This new feature is now accessible to all Cricket Australia Live app users globally, ensuring a more immersive match-following experience.

Technology Behind the Innovation

The development of this AI-powered feature is the result of a collaboration between HCLTech and Microsoft, leveraging Microsoft’s Azure OpenAI Service alongside HCLTech’s frontend and API development expertise. This partnership builds upon HCLTech’s long-standing role as Cricket Australia’s Official Digital Technology Partner.

Sonia Eland, Executive Vice President and Country Manager, Australia and New Zealand, HCLTech, emphasised the transformative potential of GenAI in sports engagement. By integrating advanced AI technologies, the Cricket Australia Live app brings fans closer to the game, delivering personalised insights that enhance the matchday experience.

HCL Tech Share Performance

As of January 31, 2025, at 2:30 PM, the shares of HCL Technologies are trading at ₹1,723.75 per share, up 0.61% from yesterday’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.

Wockhardt Ltd’s flagship antibiotic, Zaynich, has demonstrated groundbreaking efficacy in a global Phase III clinical trial for complicated urinary tract infections. The drug has shown remarkable success in treating multidrug-resistant (MDR) and extensively drug-resistant (XDR) pathogens, positioning Wockhardt as a key player in the global pharmaceutical industry. Following this announcement, the company’s shares surged 10% on January 31, hitting the upper circuit on the BSE.

Exceptional Efficacy in Phase III Trials

The Enhance 1 Phase III study involved 530 patients across multiple regions, including the US, Europe, Latin America, China, and India. The study demonstrated a clinical cure rate of 96.8% for Zaynich at the test of cure, conducted 7-10 days after the final dose. Compared to the standard antibiotic meropenem, Zaynich exhibited superior efficacy, achieving a combined clinical and microbiologic cure rate of 89.0%, significantly higher than meropenem’s 68.4%.

This marks the highest-ever combined efficacy observed among FDA-approved antibiotics in the past decade. The drug specifically targets Gram-negative infections and has been developed over 14 years of research and development. Given the rising global concern over antibiotic resistance, this breakthrough represents a major advancement in treating severe infections.

Future Prospects and Global Impact

Zaynich’s effectiveness extends beyond complicated urinary tract infections, as it has demonstrated 97% clinical efficacy in trials involving meropenem-resistant infections such as hospital-acquired bacterial pneumonia (HABP), ventilator-associated bacterial pneumonia (VABP), bloodstream infections (BSI), and complicated intra-abdominal infections.

With these results, Wockhardt plans to file a New Drug Application (NDA) with the US FDA and a Marketing Authorisation Application (MAA) with the European Medicines Agency (EMA). The company’s success in developing a novel antibiotic for global markets establishes it as one of the few Indian pharmaceutical firms to make a significant impact in the field of antibiotic resistance.

Wockhardt Share Performance

As of January 31, 2025, at 1:38 PM, Wockhardt’s shares are locked in the upper circuit at ₹1,416.90 per share, up 10% from yesterday’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.

Kiri Industries Limited has achieved a significant legal victory in Singapore, as the Court of Appeal upheld the company’s claims regarding the buyout of DyStar. The court rejected the appeal of Senda International Capital Limited (“Senda”) and ruled in favour of Kiri Industries, awarding a priority payment of US$603.80 million along with interest. This ruling reinforces Kiri Industries’ rightful claim over DyStar’s en bloc sale proceeds.

Court Decision and Financial Implications

The Supreme Court of Singapore fully supported the decision made by the Singapore International Commercial Court (SICC), which valued Kiri Industries’ equity stake at US$603.80 million. The court found no unfairness in the financial obligation imposed on Senda, affirming that the buyout order remains valid. Additionally, the court ordered that Kiri Industries is entitled to an annual interest rate of 5.33% on the buyout amount, starting from 3rd September 2023 until the payment is completed.

Legal Cost Reimbursement and Final Ruling

Apart from awarding the principal amount and interest, the court also mandated Senda to cover Kiri Industries’ legal expenses for both appeals. This includes reimbursement for all costs incurred throughout the legal proceedings. The ruling marks a decisive end to the dispute, ensuring that Kiri Industries receives its due payment from the sale of DyStar.

Kiri Industries Share Performance

As of January 31, 2025, at 12:15 PM, the shares of Kiri Industries are trading at ₹630.50 per share, up 8.3% from yesterday’s closing price. Over the last month, the stock has surged by 2% and over the past year, it has surged by 53%.

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.

Ola Electric has regained its position as the top electric two-wheeler manufacturer in India, capturing a 25% market share in January 2025. The company recorded 22,656 registrations, showing  a 65% month-on-month growth, according to Vahan data. This comes after a weak December, where its sales had dropped to a 27-month low

Gen 3 S1 Portfolio and Updates

The company introduced 8 new scooters under its S1 Gen 3 lineup, aimed at both mass and premium segments. The Gen 3 platform claims a 20% increase in peak power, 11% cost reduction, and 20% improved range over Gen 2 models.

Pricing and Variants:

The Gen 3 range starts at ₹79,999 for the S1 X (2kWh) and goes up to ₹1,69,999 for the S1 Pro+ 5.3kWh. Other variants include:

Ola is also continuing to sell its Gen 2 scooters with discounts of up to ₹35,000.

Technical Changes

The new platform introduces a mid-drive motor and chain drive for performance adjustments. Dual ABS has been added for improved braking, and a brake-by-wire system shifts between regenerative and mechanical braking.

Rollout and Plans

Deliveries for the Gen 3 scooters are set to begin in mid-February 2025. The company also announced MoveOS 5, which will introduce additional features. The date for Ola Electric’s Q3 earnings report is yet to be announced.

Market Movement 

Following the sales increase, Ola Electric’s stock rose 14.5% today, on January 31, briefly crossing its IPO price of ₹76. At 11:05 AM, shares were trading at ₹75 on the NSE. The trading volume surged, with six crore shares changing hands, double the one-month daily average. Despite the increase, the stock remains 51% below its record high of ₹157.40.

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