RITES Limited has announced the receipt of a substantial work order from Mahanadi Coalfields Limited (MCL), a domestic entity, for a key infrastructure project. This notification, in compliance with the SEBI regulations, outlines the specifics of the project awarded to RITES. The order is part of an initiative to enhance rail connectivity for the proposed Phase-II SILO at the Lakhanpur Area under MCL’s jurisdiction.

Details of the Project Agreement

The contract involves comprehensive Detailed Engineering and Project Management Consultancy (PMC) services. It is designed to facilitate the rail connectivity essential for the operation of the Phase-II SILO. The execution period for the contract is stipulated at 24 months, and the total value of the order is estimated at ₹28 crore, exclusive of GST. RITES confirmed that there is no interest from its promoters or related party connections in MCL, thus ensuring complete compliance and transparency in the transaction.

Regulatory Disclosures and Compliance

In line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI circular dated 11 November 2024, RITES formally disclosed the order to both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company secretary, Mr Ashok Mishra, signed off the communication, reiterating that the announcement is intended solely for public information and record-keeping purposes.

Read More: RITES Share Price Gains Over 2% After MoU with DP World for Logistics Infrastructure Development

RITES Share Performance 

As of April 25, 2025, 9:30 AM, RITES share price is trading at ₹237.76, reflecting a 0.64% surge from the previous closing price. Over the past month, the stock has surged by 3.68%.

Conclusion

The acquisition of this order reinforces RITES Limited’s position in the infrastructure consultancy domain. With a structured timeframe and significant order value, this project stands as a testament to the firm’s engineering and project management capabilities.

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.

Procter & Gamble Co. (P&G) has revised its annual sales and profit outlook downward, citing ongoing tariff impacts and weakened global consumer demand. The consumer goods giant now expects organic sales growth of approximately 2% for the fiscal year ending in June—below its earlier forecast of 3% to 5% issued in January.

In its quarterly results released Thursday, the company posted revenue of $19.8 billion for the three months ending March 31. Organic sales volume remained flat, with modest gains in beauty and grooming offset by declines in baby and feminine care segments. The company increased prices by 1%, mainly in the beauty and grooming categories.

Cautious Outlook Amid Geopolitical Headwinds

“We delivered modest organic sales and EPS growth this quarter in a challenging and volatile consumer and geopolitical environment,” said CEO Jon Moeller in a statement. “We’re making appropriate adjustments to our near-term outlook to reflect underlying market conditions.”

P&G now expects full-year earnings per share (EPS) in the range of $6.72 to $6.82, compared to $6.59 in the previous year. This is a downgrade from its January EPS outlook and reflects a more cautious approach in light of ongoing global uncertainties.

Consumer Shifts and Regional Headwinds

Despite starting the year on a strong note with its first quarterly sales beat in over a year, P&G has seen a slowdown in retail shipments.

In February, CFO Andre Schulten warned of potential risks to profit guidance, citing sluggish consumption in Asia, Africa, and the Middle East, which he attributed in part to growing “anti-Western sentiment.”

The company’s shares dropped 2% in premarket trading following the announcement. P&G stock is down 1% year-to-date, outperforming the broader S&P 500, which has declined 9%.

Tariff Strategy and Supply Chain Resilience

While P&G has taken steps to shield itself from trade disruptions—including manufacturing 90% of its U.S. products domestically—it still faces some exposure to tariffs, particularly on goods imported from China.

Less than 15% of P&G’s U.S. imports originate from China, comprising mainly raw materials, packaging, and select finished products.

P&G is not alone in facing difficulties with forward-looking guidance. Other major U.S. firms, including United Airlines and Delta Air Lines, have adjusted or withdrawn financial forecasts amid macroeconomic uncertainty and fluctuating trade conditions.

Stock Performance 

On April 25, 2025, Procter & Gamble share price traded 1.10% lower at ₹14,225.00 at 2:42 PM (IST). Procter & Gamble share price reached a 52-week high of ₹17,747.85, and a 52-week low of ₹12,140.15. As per BSE, the total traded volume for the stock stood at 710 shares with a turnover of ₹1.00 crores.

According to exchange data, Procter & Gamble shares are trading at a price-to-earnings (P/E) ratio of 64.50x, based on its trailing 12-month earnings per share (EPS) of ₹220.55, and a price-to-book (P/B) ratio of 59.90.

 

 

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.

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reinforced its presence in Sri Lanka by unveiling four new two-wheelers. 

Partnering with Abans Auto, its long-standing distributor in the island nation, Hero aims to cater to a broader audience with technologically advanced and performance-driven models, supported by an expansive sales and service network of 500 touchpoints.

Product Line-Up Tailored for Diverse Riders

Hero MotoCorp’s fresh portfolio in Sri Lanka comprises the Xoom 110 scooter and three motorcycles: the Hunk 160R 4V, Xtreme 125R, and HF Deluxe. Each vehicle is designed with distinct rider needs in mind. The Xoom 110 is a compact, feature-rich scooter catering to young urban commuters, marking its entry as the first and only 110cc scooter in Sri Lanka. 

The Hunk 160R 4V, built for performance enthusiasts, boasts a 163cc 4-valve engine, ABS, and a bold streetfighter aesthetic. Meanwhile, the Xtreme 125R blends style and power with a 125cc engine, LED lighting, and Bluetooth-enabled instrumentation. For daily reliability, the HF Deluxe presents a fuel-efficient 97.2cc engine, robust build, and a newly launched All-Black Edition.

Strategic Strengthening of Market Presence

This strategic expansion is supported by a robust infrastructure of over 500 customer touchpoints, ensuring streamlined access to spare parts and quality service across Sri Lanka.

 According to senior executives from both Hero MotoCorp and Abans Auto, the new launches aim to deepen market confidence and boost the brand’s reputation as a trusted name in two-wheel mobility. The emphasis is on delivering a holistic ownership experience through performance, reliability, and accessibility.

Read More: Hero MotoCorp Leads Two-Wheeler Market in FY25 with 29% Share

Hero MotoCorp Share Performance 

As of April 25, 2025, 10:10 AM, Hero Motocorp share price is trading at ₹3,880, reflecting a 1.88% decline from the previous closing price. Over the past month, the stock has surged by 6.95%.

Conclusion

Hero MotoCorp’s latest offerings in Sri Lanka mark a significant step in reinforcing its global strategy. By introducing a tailored product mix and expanding its local footprint, the company underscores its commitment to delivering premium mobility solutions to customers 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

 

On 24th April 2025, Gujarat Industries Power Company Limited (GIPCL) officially announced the commissioning of the first phase of its 25 MW Group Captive Solar Project at Vastan. This development is part of a larger 75 MW solar initiative by the company.

Milestone Achievement in Renewable Energy Development

The announcement, made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, signifies a key step forward in GIPCL’s green energy strategy.

The first phase, consisting of 25 MW capacity, is now operational. The successful commissioning of this segment underlines the company’s ongoing commitment to expanding its renewable energy portfolio and optimising sustainable power generation.

Corporate Communication and Regulatory Disclosure

The information was formally shared with both BSE Ltd. and the National Stock Exchange of India Ltd. via an official letter dated 24th April 2025. 

The communication was addressed to the General Managers of the Corporate Relations and Listing Departments at both exchanges. It confirmed the status of the project and requested the update to be taken on record, ensuring full transparency in line with regulatory obligations.

Read More: GIPCL Shares in Focus; Invests in Vadodara Jal Sanchay’s Wastewater Treatment Project

GIPCL Share Performance 

As of April 25, 2025, 9:30 AM, GIPCL share price is trading at ₹231.25, reflecting a 3.36% decline from the previous closing price. Over the past month, the stock has surged by 6.32%.

Conclusion

The operationalisation of the first phase of the solar project marks a significant milestone for GIPCL, reinforcing its role in India’s renewable energy transition. This move supports the company’s strategic direction towards sustainable and responsible energy solutions.

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

According to news reports, JSW Paints, led by Sajjan Jindal, and a partnership between Advent International and Indigo Paints have submitted final bids to buy Akzo Nobel India, known for Dulux Paints. 

 

The parent company, Akzo Nobel NV from the Netherlands, is planning to exit the Indian market due to a global business reshuffle. Pidilite Industries, the maker of Fevicol, is also showing interest but is mainly eyeing Akzo’s decorative paints division and hasn’t placed a strong bid.

Reason Behind the Sale

Akzo Nobel NV wants to sell its stake in the Indian unit as part of its global restructuring. The company holds a 74.76% share in Akzo Nobel India. The tough competition in the Indian paint market and changing demand conditions have made Akzo reconsider its business plans in the country.

Market Challenges

The Indian paint industry has faced challenges in the first half of FY25 due to heatwaves, elections and a prolonged monsoon, affecting overall demand. The entry of Aditya Birla Group with its brand Birla Opus has increased competition and forced existing companies to cut prices, putting further pressure on profit margins.

Deal Progress and Market Impact

Binding offers were made after extending the initial deadline of April 15. Akzo Nobel’s board is expected to hold meetings soon to assess the bids. However, all offers are reportedly 10–15% lower than Akzo Nobel India’s current market value of nearly ₹15,943 crore. 

 

Read More: Akzo Nobel to Sell Powder Coating Business to Akzo Nobel N.V.: Received Binding Offer

Share Performance 

As of April 25, 2025, at 10:15 AM, Akzo Nobel India Limited Share Price is trading at ₹3,477.80 per share, reflecting a decline of 0.82% from the previous day’s closing price. Over the past month, the stock has surged by 3.80%. The stock’s 52-week high stands at ₹4,674.00 per share, while its low is ₹2,420.80 per share.

Conclusion

Akzo Nobel NV’s decision to exit India has opened up a big opportunity for major players in the paint industry. The final choice will be made after board discussions and the outcome could bring major changes to the competitive landscape of the Indian paint 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.

Wipro Limited has officially launched its GitHub Centre of Excellence (CoE) in Bengaluru as part of its AI360 strategy. The initiative is designed to serve as a central hub for accelerating AI-driven innovation by integrating GitHub tools into the organisation’s software engineering processes. This move is intended to cultivate a culture of collaboration, skill enhancement, and AI-led transformation within the company.

Enhancing Engineering with Advanced Toolsets

The GitHub CoE is focused on equipping Wipro’s developers with the most advanced tools, including Microsoft M365 and GitHub Copilot. This integration is expected to streamline workflows and raise efficiency in software development. 

 

The CoE also features a dedicated team of AI champions who will receive in-depth training to ensure high proficiency in these tools. By standardising development practices, Wipro aims to reduce delivery timelines and improve the quality of solutions offered to clients across industries.

Fostering Community and Continuous Learning

Beyond technology integration, the GitHub CoE places strong emphasis on training and collaborative engagement. It will host a variety of learning initiatives such as workshops, hackathons, codeathons, and meetups. 

Additionally, a Community of Practice will be established, connecting GitHub Champions and subject matter experts to encourage knowledge exchange and cross-team collaboration. This will enable the organisation to foster a sustainable and future-ready talent pool adept at building AI-powered solutions.

Read More: Wipro Unveils Agentic AI Services to Strengthen AI Sovereignty.

Wipro Share Performance 

As of April 25, 2025, 9:30 AM, Wipro share price is trading at ₹245.35, reflecting a 1.07% surge from the previous closing price. Over the past month, the stock has declined by 9.46%.

Conclusion

Wipro’s establishment of the GitHub Centre of Excellence signifies a major step in reinforcing its AI-first strategy. The initiative not only enhances internal development capabilities but also positions Wipro to deliver faster, more innovative, and higher-quality solutions to its global clientele.

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

 

Life Insurance Corporation of India (LIC) has announced a relaxation in claim settlement procedures for victims of the Pahalgam terror attack that occurred on Tuesday, April 22, 2025. The incident claimed 26 lives, most of them tourists visiting the Kashmir valley.

LIC Statement on Claim Process

LIC stated that it is committed to supporting the families of the deceased and will expedite the claim process to provide financial assistance. The insurer added that several concessions have been introduced to reduce hardships for claimants.

According to LIC’s MD and CEO, Siddhartha Mohanty, in lieu of a formal death certificate, any record in official government documents confirming the policyholder’s death in the terrorist attack, or evidence of compensation paid by the central or state government, will be accepted as valid proof of death.

Claim Assistance 

LIC noted that all efforts will be taken to reach out to the affected families and settle claims promptly. Claimants may contact the nearest LIC branch, division office, or customer zone. They can also call the dedicated helpline at 022-68276827 for further support.

Standard Claim Requirements

For regular death claims:

• Written intimation with policy number, date, and cause of death
• Claim Form A
• Certified extract from local death register
• Original policy bond
• Proof of age of the deceased and the claimant
• Legal heirship proof (if no nominee/assignee is present)
• Bank details with NEFT form and cancelled cheque or passbook copy

Early Death Claim (Within 3 Years of Policy Start/Revival)

• Medical certificates (Form B/B1/B2)
• Burial/Cremation certificate (Form C)
• Employer certificate (Form E)
• FIR, post-mortem, and police investigation reports (if applicable)

Meanwhile, Insurance aggregator Policybazaar said it would offer a job to a family member or sponsor a child’s education in every affected household.

Market Overview

As of 9:16 AM on April 25, 2025, Life Insurance Corporation of India share price was trading at ₹823.70, up 1.06% for the day, but down 8.85% over the past six months and 16.33% over the past year.

Read more: Market Correction Hits LIC Portfolio: Portfolio Value Drops by ₹84,000 Crore.

Conclusion

LIC’s relaxation aims to reduce procedural delays and simplify claims for families impacted by the Pahalgam incident. 

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.