Alkem Labs’ Kojiglo Serum Launched in India for Facial Hyperpigmentation

Alkem Laboratories Ltd is one of India’s leading pharmaceutical companies. Established in 1973 and headquartered in Mumbai, Alkem has built a strong presence in both domestic and international markets. 

Launch of Kojiglo Serum in India

Mumbai-based Alkem Laboratories has announced the launch of Kojiglo serum in India for managing facial hyperpigmentation. Alkem is the first Indian company to introduce a liposomal serum with Duo-Lipo technology. The serum is suitable for all skin types.

This innovative formulation combines cutting-edge ingredients such as liposomal azelaic acid, liposomal 4-butyl resorcinol, tranexamic acid, alpha-arbutin, and niacinamide, making it the first of its kind in India to have a Duo-Lipo technology.

About Kojiglo Serum 

This advanced serum encapsulates the active ingredients in a liposomal form to enhance penetration in the skin and deliver targeted action. This formulation ensures effective results while reducing the risk of skin sensitivity and irritation. 

The active pharmaceutical ingredients are carefully sourced to meet global quality standards, offering a high-quality, reliable solution for facial hyperpigmentation. With the introduction of Kojiglo serum, Alkem aims to broaden its portfolio and increase its market share in the skincare segment.

Company Statement 

Dr Vikas Gupta, Chief Executive Officer, Alkem, said, “The prevalence of skin hyperpigmentation among the Indian population is quite high, and awareness about managing this condition is gradually increasing. We are pleased to introduce an advanced serum designed to effectively address hyperpigmentation concerns.”

Alkem Laboratories Q2 FY25 Results

Alkem Laboratories reported an 11% YoY rise in consolidated net profit to ₹689 crore for Q2 FY25, despite a 0.7% dip in revenue to ₹3,414.6 crore. Domestic sales grew 5.7% to ₹2,461 crore, while international sales fell 12.9% to ₹918.1 crore. EBITDA remained stable at ₹753 crore, with margins improving to 22%. R&D expenses rose to ₹146.5 crore, accounting for 4.3% of revenue.

Share Price Performance 

At 9:45 AM on February 5, 2025, Alkem Laboratories Ltd. shares traded at ₹5,105 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.

Prism Johnson to Sell Part of Tile Plant in Maharashtra to JSW Steel

Prism Johnson Ltd, a leading Indian building materials company, operates through three key divisions: Prism Cement, H&R Johnson (India), and Prism RMC. With a strong presence in cement, ready-mix concrete, and tiles, it serves diverse construction and infrastructure needs through strategically located manufacturing facilities across the country.

Sell of Manufacturing Plant to JSW Steel

In a significant development on February 4, 2025, Prism Johnson announced that its board has sanctioned the sale of a portion of its industrial premises at the tile manufacturing plant in Pen, Maharashtra, to JSW Steel Ltd. The transaction, valued at an impressive ₹164.63 crore, is anticipated to conclude by February 8, 2025.

The decision aligns with Prism Johnson’s strategic focus on asset monetisation and prudent debt management. In its regulatory filing, the company underscored that the proceeds from this divestment would be earmarked primarily for debt repayment.

Company Statement 

The company further clarified that the sale would have no bearing on the operations of its H&R Johnson (HRJ) division. The agreement has been structured on an “as is where is” basis, with Prism Johnson confirming the absence of any related-party affiliations with JSW Steel.

“Under the terms of the definitive agreements, the sale of part of the industrial premises at the Pen plant has been finalised for an aggregate consideration of ₹164.63 crore,” the company stated.

About JSW Steel Ltd.

JSW Steel Ltd, a flagship entity of the diversified JSW Group, is one of India’s leading steel manufacturers. Headquartered in Mumbai, the company operates cutting-edge steel production facilities across the country and commands a significant global footprint.

Share Price Performance

At 9:35 AM on February 05, 2025, Prism Johnson Ltd shares traded at ₹132.65 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.

PNB MetLife And Policybazaar Launch Smart Invest Pension Plan

PNB MetLife has collaborated with Policybazaar to introduce the PNB MetLife Smart Invest Pension Plan, a Unit-Linked, Non-Participating Individual Pension Plan. This new scheme is aimed at helping individuals plan their retirement efficiently, offering flexible investment options and market-linked returns.

Flexible Retirement Planning for Individuals

The Smart Invest Pension Plan is designed for individuals aged 40 to 50, allowing them to plan for early retirement with a customisable investment approach. It offers the flexibility to choose an immediate annuity upon maturity or defer it for a few years. Additionally, up to 60% of the maturity amount can be withdrawn as a tax-free lump sum, enhancing liquidity during retirement.

The plan includes two investment options:

  • Pension Mid Cap Fund – Focused on growth through equity investments.
  • Pension Bond Fund – Ensuring stability through debt instruments.

Both funds are available for subscription between 1st to 14th February 2025, at a Net Asset Value (NAV) of ₹10.

Key Benefits and Investment Options

  • The Smart Invest Pension Plan offers several benefits to policyholders:
  • Zero Charges – No premium allocation or policy administration charges, ensuring that the entire investment contributes to portfolio growth.
  • Extended Vesting Age – Individuals can postpone their vesting age up to 70 years, providing greater flexibility in retirement planning.
  • Market-Linked Returns – Policyholders can opt for Automatic Asset Rebalance Strategy or Systematic Transfer Strategy, enabling a balanced investment approach in equity and debt.
  • Customisation Options – The plan allows unlimited fund switches, premium redirection, and partial withdrawals after five years to cater to changing financial needs.

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.

L&T Secures Major Expansion Project for Steel Producer in MENA Region

Larsen & Toubro (L&T) has been awarded a significant contract for the construction of a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a reputed steel producer in the Middle East and North Africa (MENA) region. 

This project aligns with the broader global initiative toward decarbonisation and reinforces L&T’s expertise in delivering advanced steel manufacturing facilities. The order value is in the range of ₹5,000 – ₹10,000 crores.

Project Scope and Execution

L&T’s Minerals & Metals (M&M) business vertical will handle the end-to-end execution of the project, covering engineering, supply, erection, and construction. The company will employ internationally recognised technologies to build the Pellet and DRI plants, ensuring they meet global standards in efficiency and sustainability. Having executed multiple landmark projects in the iron and steel sector, L&T continues to demonstrate its leadership in delivering complex industrial infrastructure.

Classification Significant Large Major Mega Ultra-Mega
Value in (₹ in Cr) 1,000-2,500 2,500-5,000 5,000-10,000 10,000-15,000 >15,000

Significance and L&T’s Commitment

This expansion project further strengthens L&T’s presence in the MENA region’s metallurgical sector. According to Mr D K Sen, Executive Committee Member and Advisor to the CMD at L&T, the project highlights M&M’s consistent ability to execute large-scale steel plant projects while adhering to international standards of quality, safety, and timely completion.

The company’s EPC expertise spans diverse industrial sectors, including mining, cement, fertilisers, and port infrastructure, reinforcing its role as a global engineering leader.

L&T Share Performance

As of February 03, 2025, at 12:55 PM, the shares of L&T are trading at ₹3,439.35 per share, reflecting a surge of 4.56% from the 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.

Key Factors Behind the Market Rally: Sensex Surges Nearly 1,400 Points, Nifty50 Hits Settles Above 23,700

Indian equity markets witnessed a robust rally on February 4, 2025, as both Sensex and Nifty50 surged over 1.5%, posting their highest single-day gains in over a month. The BSE Sensex jumped 1,397 points, while the Nifty50 index surged 378 points. The rally was broad-based, with strong buying interest across large-cap, small-cap and mid-cap stocks.

After opening higher, buoyed by a positive handover from the US markets, the rally gained momentum throughout the trading session. Adding to the bullish sentiment, India VIX slipped down by 2.30%, indicating reduced market volatility.

Investors Gain ₹5.5 Lakh Crore as Market Capitalisation Soars

The rally resulted in a significant wealth boost for investors. The overall market capitalisation (m-cap) of BSE-listed firms rose from ₹419.5 lakh crore to nearly ₹425 lakh crore, making investors richer by approximately ₹5.5 lakh crore in a single day.

Broader market indices also mirrored the strength seen in frontline indices, with the Nifty Midcap 100 and Nifty Smallcap 100 indices witnessing substantial buying interest. Market breadth remained positive, as 1,760 stocks advanced, compared to 689 stocks that declined on the National Stock Exchange (NSE).

Key Drivers Behind the Market Rally

Several factors contributed to the sharp rise in Indian equity markets:

  1. Pause on US Tariff Plans

The recent trade policies of US President Donald Trump had been weighing on global market sentiment. However, reports indicate that the Trump administration has paused proposed tariffs on Canada and Mexico, leading to improved investor sentiment globally.

  1. Anticipation of RBI Rate Cuts

There is growing speculation that the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may begin cutting interest rates, providing further support to equities. Lower interest rates generally reduce borrowing costs and stimulate economic activity, leading to increased market participation.

  1. Valuation Comfort in Large-Caps

The Nifty50 had declined by 11% from its peak, making select large-cap stocks relatively more attractive to investors. This valuation comfort likely triggered renewed buying interest, especially in frontline blue-chip stocks.

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

Ganesha Ecosphere To Setup Greenfield Project in Odisha

Ganesha Ecosphere Limited (GESL), a leading company in sustainable plastic recycling, is expanding its operations. The company is setting up a new plant in Odisha to increase production and meet the growing demand for eco-friendly PET products.

Greenfield Project in Odisha  

Ganesha Ecosphere Limited (GESL) is expanding through its wholly owned subsidiary, Ganesha Ecopet Private Limited. The company is building a new greenfield project in Odisha to increase the production of rPET chips and granules.

Earlier, it had planned a 45,000 tons per annum (TPA) facility, but now it has decided to expand the project. The new plant in Odisha will have a larger capacity of 67,500 TPA, showing the company’s commitment to sustainable manufacturing.  

Investment and Project Scope  

Along with the Odisha greenfield project, GESL is also expanding its Warangal plant from 42,000 TPA to 64,500 TPA, bringing the total additional capacity to 90,000 TPA. 

The company currently utilises around 75% of its existing production capacity and aims to expand to meet growing demand. 

The project will cost around ₹700-750 crore which will be funded through a mix of debt, equity and internal resources. The expansion is expected to be completed in about 18 months.

Strengthening Market Presence  

GESL’s new greenfield project in Odisha is part of its long-term plan to grow in the recycled PET industry. This expansion will improve production, meet rising demand and support sustainability.

By increasing its manufacturing capacity, GESL aims to strengthen its position in the eco-friendly plastics market. The company has also informed stock exchanges about this development, showing its focus on business growth and environmental responsibility.

GESL Share Performance 

As of February 04, 2025, at 2:45 PM, GESL shares are trading at ₹1,733 per share, up 0.36% from yesterday’s closing price. Over the last month, the stock has fallen by 7.13% and over the last year, it has declined by 12.50%. The stock has a 52-week high and 52-week low of ₹2,484.20 per share and ₹900 per share respectively.

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.

Welspun Enterprises Sells 19% Stake in Welassure Private Limited

Welspun Enterprises Limited has announced the sale of a 19% equity stake in Welassure Private Limited to Rakshak Securitas Private Limited. The decision was approved during the company’s board meeting held on February 3, 2025, marking a strategic move in its financial operations.

Transaction Details and Financials

The sale involves 1,900 equity shares valued at ₹10 each, amounting to a total transaction of approximately ₹0.95 crore. The agreement for the sale is yet to be formalised, with the completion of the transaction expected by 31st March 2025. 

 

The deal does not involve any related-party transactions, and Welassure Private Limited is neither an associate nor a subsidiary of Welspun Enterprises.

Implications and Compliance

The sale aligns with the regulatory requirements of SEBI’s Listing Obligations and Disclosure Regulations (LODR). Since the transaction falls outside any Scheme of Arrangement, compliance with Regulation 37A of LODR is not applicable. Furthermore, the details of the sale have been made publicly available on the company’s website as per the disclosure norms.

Welspun Share Performance

As of February 03, 2025, at 3:10 PM, the shares of Welspun Living Ltd are trading at ₹131.30 per share, reflecting a decline of 0.58% from its previous day’s closing price. The stock has experienced notable fluctuations over the recent months, with a sharp decline of 15.96%. The stock has a 52-week high and low of ₹212.95 and ₹122.65 per share respectively.

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.

TVS Holdings Take Overs 80.74% Stake in Home Credit India

TVS Holdings Limited is a distinguished Indian automotive components company based in Chennai. As a pivotal entity within the TVS Group, it excels in the production of high-quality aluminium and magnesium castings for the automotive industry.

Acquired an 80.74% equity stake in Home Credit India 

On February 3, 2025, TVS Holdings announced the successful acquisition of an 80.74% equity stake in Home Credit India Finance for ₹554 crore, with the remaining 19.26% secured by Premji Invest and other TVS Holdings associates. 

This strategic move underscores the company’s ambitious goal to expand its lending book size to ₹50,000 crore over the next three years, up from the current ₹33,000 crore.

Details of Acquisition 

The acquisition aligns seamlessly with TVS Holdings’ mission to fortify its footprint in the financial services sector. Home Credit India, a leading player in the consumer finance market, boasts a formidable AUM of ₹5,535 crore as of March 2024, with a vast network of over 50,000 points-of-sale (PoS) across 625 cities and an employee base of 3,800. 

Having served 16 million customers, it focuses primarily on New-to-Credit (NTC) clientele, offering consumer durable loans for affordable smartphones alongside personal loans.

Statement From Managing Director 

“This acquisition marks a defining milestone for us. We are delighted to welcome Home Credit India’s talented team and extensive customer base of 16 million to the TVS family. This transaction underscores our resolve to deliver innovative and inclusive financial solutions. 

With this acquisition, our lending book now stands at ₹33,000 crore, bringing us closer to achieving our ₹50,000 crore target over the next three years.”

Share Price Performance 

At 3:12 PM today, TVS Holdings’ shares traded at ₹9,334.95 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.

Royal Orchid Hotels Launches Regenta Resort Near Statue of Unity, Gujarat

Royal Orchid Hotels Limited (ROHL), founded in 1986 by Chander K. Baljee, is a leading Indian hospitality brand known for its premium, mid-market, and business hotels. Renowned for blending luxury, comfort, and personalised service, it holds a prominent position in the country’s hotel industry.

About Regenta Resort 

ROHL has unveiled the Regenta Resort, a luxurious five-star retreat near the iconic Statue of Unity in Kevadia, Gujarat. As the company’s 15th branded property in the state, the resort is strategically positioned to cater to the surging demand for premium accommodations amid Gujarat’s booming tourism and infrastructure growth.

Nestled amidst serene landscapes, the resort boasts 49 rooms, including spacious suites with private balconies offering captivating mountain views.

Exclusive Presidential Villas featuring private pools and verdant gardens are tailored for guests seeking the pinnacle of luxury. The property seamlessly combines tasteful decor with modern amenities and is complemented by ROHL’s hallmark hospitality and impeccable service.

Events and Leisure Amenities

The Regenta Resort offers over 3,000 sq. ft. of indoor event space, along with a sprawling 35,000 sq. ft. poolside lawn, making it a premier destination for weddings, corporate events, and social gatherings. 

Guests can enjoy a temperature-controlled swimming pool, a fully equipped fitness centre, and a curated selection of indoor and outdoor activities for both adults and children. With these amenities, the resort sets a new benchmark for luxury hospitality near one of India’s most iconic tourist attractions.

Company Statement

Chander K. Baljee, Chairman and Managing Director of ROHL, highlighted the company’s commitment to expanding in western India, driven by rising demand for premium stays. He noted Gujarat’s growing tourism potential, enhanced by infrastructure upgrades, and expressed confidence that Regenta Resort near the Statue of Unity would cater to discerning travellers seeking unique, high-end experiences.

Share Price Performance 

At 3:01 PM today, Royal Orchid Hotels Ltd. shares traded at ₹363.00 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.

Shakti Pumps Secures Solar Module Supply Deal with ReNew Photovoltaic

Shakti Pumps (India) Ltd. is a distinguished manufacturer and exporter of energy-efficient pumps and motors in India. Established in 1982, the company has built a formidable reputation as a pioneer in stainless steel pumps, solar-powered solutions, and advanced water management systems.

Strategic Partnership for Renewable Growth

Shakti Pumps recently announced an ambitious partnership with ReNew Photovoltaic Private Limited for the supply of DCR cell-based solar modules valued at an impressive ₹1,300 crore for FY 2025-26. This strategic alliance complements existing collaborations with industry giants Mundra Solar PV Ltd (Adani) and Premier Energies Ltd.

These alliances are set to catalyse Shakti Pumps’ growth trajectory in the renewable energy domain, reinforcing its leadership in the solar module market and bolstering its contribution to India’s sustainable energy agenda.

Proactive Fundraising Initiative

On January 7, 2025, Shakti Pumps secured board approval for a ₹400 crore capital raise through a Qualified Institutional Placement (QIP). This financial infusion will underpin the company’s expansion plans, supported by a robust order book worth ₹1,800 crore.

Shakti Pumps Share Price Performance 

Despite a recent 16.6% decline in share price over the past week, Shakti Pumps has demonstrated formidable resilience and long-term profitability. 

Over the last six months, the stock has risen by 17.5%, with a remarkable 264% surge over the past year, reflecting its exceptional value proposition. As of 2:23 PM today, Shakti Pumps (India) Ltd’s share price traded at ₹934.90 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.