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Liquor stocks beat FMCG peers in one year; 3 rally drivers & 3 future growth triggers
Market News - June 13, 2025

Sigachi Industries Stock Surges 50% in Three Months: Should Investors Buy, Hold, or Wait?

Sigachi Industries Stock Surges 50% in Three Months: Should Investors Buy, Hold, or Wait?

Sigachi Industries, a leading small-cap player in the microcrystalline cellulose (MCC) market, has made headlines with its impressive stock performance. Over the past three months, the company’s share price has skyrocketed nearly 50%, drawing the attention of both retail and institutional investors. This surge raises an important question—should investors buy, hold, or wait for a correction?

Strong Financial Performance Boosts Investor Sentiment

The company’s recent financial results reflect consistent growth. In the latest quarter, Sigachi Industries reported an operating income of ₹128 crore, marking a substantial 23% year-on-year increase. The company reported a notable 75% year-on-year jump in EBITDA, amounting to ₹28.5 crore. The EBITDA margin also improved significantly to around 22.3%, indicating better operational efficiency.

Profit after tax (PAT) for the quarter stood at ₹16.2 crore, a 7% rise compared to the same period last year. Notably, the company’s core MCCP segment contributed ₹121.3 crore to revenue, registering a remarkable 55% growth. The company’s consistent improvement in both revenue and profitability has reinforced investor confidence in its long-term growth potential.

Strong Demand and Business Expansion

Sigachi Industries continues to experience solid traction across domestic and overseas markets. The company’s core MCC segment has demonstrated an impressive compound annual growth rate (CAGR) of approximately 26% over the past five years, significantly outperforming the industry’s average CAGR of around 6.5%.

This growth is largely driven by increased applications of MCC in pharmaceuticals, food, cosmetics, and other industries. Additionally, the management has emphasized their focus on expanding export markets and enhancing production capacity to meet rising global demand.

The company has also recommended a final dividend of Re 0.10 per share, indicating healthy cash flows and a willingness to share profits with shareholders.

Valuation Signals Overheating

Despite its strong fundamentals, Sigachi Industries is currently trading at a relatively high valuation. Sigachi Industries is currently priced at around 32 to 33 times its earnings, while its price-to-book ratio stands near 3.5 to 3.6 times. According to MoneyWorks4Me, the stock is somewhat overvalued based on current financial metrics.

Trendlyne’s historical analysis suggests that around 70% of the time, Sigachi Industries has traded below its current P/E levels. This implies that the stock is in an expensive territory compared to its own trading history.

Another point of caution is the promoter’s share pledge, which ranges between 19% and 44%. Although the company has a healthy balance sheet with moderate debt (debt-to-equity ratio around 0.3) and a return on equity (ROE) of roughly 13%, high promoter pledging can raise concerns about potential liquidity pressures in adverse market conditions.

Technical Analysis Suggests Short-Term Caution

From a technical standpoint, analysts are observing mixed signals. Rajesh Bhosale from Angel One noted that the stock recently broke out of a saucer pattern on the charts, supported by strong volumes and a weekly relative strength index (RSI) above 60. The near-term target is placed around ₹68-₹70, while support is seen near ₹52.

However, the stock’s RSI has recently reached overbought levels, indicating a possibility of a short-term pullback. This suggests that investors might witness some profit booking in the near term before the stock resumes its upward trajectory.

Key Risks to Consider

While the company’s long-term prospects remain solid, there are some risks investors should not ignore:

The current valuation appears stretched.

Promoter pledging remains relatively high.

Technical indicators suggest a potential short-term correction.

Any slowdown in global demand or regulatory challenges could affect export growth.

Conclusion: Strategic Approach Recommended

The company has demonstrated multibagger returns, backed by a reliable track record and encouraging growth prospects. However, entering the stock at current levels may expose investors to short-term volatility due to the expensive valuation and overbought technical signals.

For long-term investors, adopting a wait-and-watch strategy or accumulating on dips near the ₹52-₹55 range may offer a safer entry point. Traders may still find opportunities in the short term but should maintain strict stop-loss levels to manage risks.

Keeping an eye on the company’s Q1 FY26 performance, promoter shareholding patterns, and further developments in the core MCCP segment will be crucial for making informed investment decisions going forward.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Man Infraconstruction Soars: 1300% Returns in 5 Years!

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Market News - June 13, 2025

Man Infraconstruction Soars: 1300% Returns in 5 Years!

Man Infraconstruction Soars: 1300% Returns in 5 Years!

Shares of the BSE Smallcap constituent gained over 3% after acquiring an additional 36% stake in its subsidiary—marking another strategic move in a stellar multiyear growth journey.

Summary:
Man Infraconstruction Ltd., a prominent player in the real estate and infrastructure sector, saw its stock gain over 3% on June 11 after the company announced the acquisition of an additional 36% stake in its subsidiary, reinforcing its consolidation strategy. The smallcap stock, a BSE Smallcap index component, hit an intraday high of ₹173.30 and has returned a staggering 1300% over the last five years, drawing attention from long-term investors and institutional players.

Man Infraconstruction Makes Strategic Move Amid Market Optimism
Mumbai-based Man Infraconstruction Ltd (MICL) once again captured investors’ attention on June 11, 2025, after the company disclosed it had acquired an additional 36% stake in one of its subsidiaries. Following the announcement, the company’s share price rose more than 3% intraday, touching a high of ₹173.30, before settling marginally higher by the closing bell.
The announcement reinforces MICL’s strategy to consolidate control over its subsidiary businesses, a move aimed at improving operational efficiencies, financial transparency, and long-term profitability. While the name of the specific subsidiary wasn’t disclosed at the time of reporting, market analysts anticipate this move may further unlock value for shareholders as the group optimizes its project execution pipeline and real estate portfolio.

Stock Performance: A Multibagger in Plain Sight
While the 3% rally in a single session might appear modest, what truly sets MICL apart is its phenomenal long-term performance. The stock has zoomed over 1300% in the past five years, turning a ₹1 lakh investment into more than ₹14 lakh—a feat few mid- or smallcap companies can boast of.
MICL’s rise from a niche civil construction firm to a diversified real estate and infrastructure powerhouse has been steady and consistent. The company’s strategic shift from pure-play civil construction to high-margin residential and commercial real estate projects has been instrumental in creating long-term shareholder wealth.

About the Company: A Deep Dive
Man Infraconstruction Ltd, incorporated in 2002, began as a civil construction company focused on port infrastructure, roads, and industrial structures. Over the last decade, the company has gradually transformed into a leading real estate developer, especially active in Mumbai Metropolitan Region (MMR).
Key verticals now include:
Real Estate Development: Residential and commercial properties across premium micro-markets.
EPC Services: Engineering, Procurement, and Construction services for large-scale infrastructure and industrial projects.
JV Projects: Collaborations with other developers and financial institutions.
MICL’s ability to combine strong construction expertise with real estate execution has made it a preferred choice for buyers and investors in the MMR.

Acquisition Strategy: Creating Value through Consolidation
The recent acquisition of a 36% stake in a subsidiary demonstrates Man Infra’s continued focus on integration and control. This move likely aims to:
Increase the parent company’s share of future earnings,
Streamline corporate governance,
Enhance borrowing capabilities for larger projects,
Improve synergy across group companies.
With real estate demand in MMR showing signs of sustained recovery post-pandemic and regulatory clarity improving under RERA, MICL is positioning itself for the next phase of aggressive growth.

Stock Market Buzz and Investor Sentiment
MICL’s performance has not gone unnoticed on Dalal Street. The stock has become a favourite among smallcap and real estate-focused mutual funds and has also seen increased participation from retail investors, particularly after its inclusion in various smallcap indices.
On online investor forums and platforms like Moneycontrol, TradingView, and X (formerly Twitter), MICL is often referred to as a “silent multibagger”, with investors praising its consistent earnings growth, asset-light model in many projects, and transparency in execution.

Financial Snapshot and Valuation Outlook
Market Cap (as of June 2025): ~₹7,800 crore
Stock Price (52-week range): ₹50.01 – ₹173.30
Revenue (FY24-25): ~₹1,200 crore
PAT (FY24-25): ~₹220 crore
Debt-to-Equity: < 0.5 (among the lowest in the sector)
P/E Ratio: ~18x (reasonable in comparison to peers)
The company has consistently maintained a strong balance sheet, with minimal debt and improving margins. Analysts believe that its low-leverage model, solid project pipeline, and rising sales in premium real estate segments give it a competitive edge.

Should You Buy, Hold, or Book Profits?
Given the sharp rally over five years and the current uptrend, investors are now asking the critical question—is it time to book profits or add more?
Bullish Case:
Continued execution of real estate projects in high-demand areas,
Strong financials and low debt,
Increased promoter stake signalling confidence,
Unlocking of subsidiary value through acquisitions.
Bearish Case:
Overdependence on the MMR market,
Sectoral headwinds like interest rate hikes and regulatory changes,
Volatility in smallcap stocks could lead to corrections.
For long-term investors, MICL still offers value and growth, while short-term traders might consider partial profit booking at elevated levels.

Conclusion: Quiet Execution, Loud Results
Man Infraconstruction’s journey from a modest civil contractor to a 1300% multi-bagger in five years is a testament to strategic foresight, operational excellence, and disciplined execution. The latest acquisition news shows that the company is not resting on its laurels but is actively consolidating control and expanding strategically.
As India’s real estate sector enters a new growth cycle driven by urbanization, infrastructure push, and rising incomes, companies like MICL are well-positioned to deliver sustained shareholder value in the years ahead.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Hindustan Copper to Invest ₹2,000 Crore, Triples Mining Capacity!

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Battery Storage Win Powers Acme Solar’s Stock Surge
Market News - June 13, 2025

Waaree Energies Surges 4% on Major U.S. Solar Deal!

Waaree Energies Surges 4% on Major U.S. Solar Deal!

Waaree Solar Americas secures a significant international order, signalling strong global momentum and robust growth prospects for India’s largest solar PV module manufacturer.

Summary:
Waaree Energies Ltd, India’s largest solar module manufacturer, witnessed a 4.1% jump in its stock price on June 11, 2025, after its U.S.-based subsidiary, Waaree Solar Americas, secured a significant order to supply 599 MW of solar modules. The development underscores Waaree’s growing international footprint, strategic manufacturing expansion, and commitment to green energy solutions under global sustainability goals.

Waaree Energies Shines as Clean Energy Momentum Builds
In a clear indicator of India’s rising prominence in the global solar energy supply chain, Waaree Energies Ltd saw its stock rally by over 4% in intraday trade on Wednesday, June 11, 2025. The bullish movement came after the company’s wholly owned US subsidiary, Waaree Solar Americas, secured a substantial order to supply 599 megawatts (MW) of solar PV modules to a significant project developer in the United States.
The order is one of the largest international deals for the company to date and is set to be fulfilled from Waaree’s state-of-the-art manufacturing facilities in India. The contract reaffirms the company’s strong global positioning and the trust it enjoys from international renewable energy developers.

A Strategic Win for Waaree Solar Americas
Waaree Solar Americas has been actively engaged in catering to the growing US demand for sustainable energy solutions. The recent order win validates the group’s strategy to expand its footprint in key international markets, particularly North America, which is undergoing an accelerated transition toward renewable energy.
The 599 MW solar module order is expected to be executed over the next few quarters. While the financial details of the deal remain undisclosed, the size and scale of the order reflect robust demand for high-efficiency solar modules amid the US’s push for energy security, carbon neutrality, and domestic job creation.

Stock Market Response and Investor Sentiment
Following the announcement, Waaree Energies’ shares rose by 4.1%, trading at ₹437.85 on the BSE by mid-afternoon, marking a sharp recovery from recent consolidation. The positive momentum was supported by strong investor sentiment around renewable energy and optimism surrounding India’s manufacturing prowess.
The stock has gained over 18% in the last three months, driven by a series of order wins, manufacturing capacity expansions, and favourable regulatory developments supporting solar energy adoption in both domestic and export markets.

Waaree’s Growing Global Presence
Established in 1989 and based in Mumbai, Waaree Energies holds the title of India’s largest manufacturer of solar PV modules. As of 2024, the company boasts a production capacity of 12 GW, which is anticipated to grow to 20 GW by the close of FY26.
The company has strategically invested in technological upgrades, including TOPCon and bifacial module technologies, to meet the evolving needs of utility-scale, commercial, and residential solar projects across geographies.
Apart from its dominant position in the Indian market, Waaree has a growing presence in the US, Europe, and the Middle East. Its entry into the US market via Waaree Solar Americas has allowed it to tap into tax-incentivized green energy investments under the US Inflation Reduction Act (IRA).

Driving India’s Solar Export Ambitions
The US solar market has increasingly relied on trusted global partners for its module requirements, especially as import restrictions and quality standards are tightening. Indian manufacturers like Waaree Energies are emerging as key players thanks to their cost competitiveness, technological capabilities, and compliance with international quality benchmarks.
The latest deal contributes meaningfully to India’s ambition to become a net exporter of clean energy technology, aligning with national goals under the PLI (Production Linked Incentive) scheme and Atmanirbhar Bharat (self-reliant India) initiative.

Management Commentary and Outlook
While an official statement from Waaree’s top executives is awaited, industry analysts view this order as a vote of confidence in Waaree’s product reliability and after-sales support ecosystem.
“The 599 MW deal puts Waaree in a favourable position to win repeat business from US developers and utility companies. This could open the floodgates for more contracts in the 500 MW+ range, which are the sweet spot for large solar farms,” said a renewable energy analyst from a leading brokerage firm.
Looking ahead, Waaree is expected to ramp up both its R&D initiatives and global channel partnerships, with a focus on value-added services, such as storage integration and EPC (Engineering, Procurement, and Construction) capabilities.

Challenges and Competitive Landscape
Despite the positive outlook, Waaree Energies encounters strong competition from both local and global companies such as Adani Solar, Vikram Solar, Trina Solar, and Longi Green Energy. Additionally, supply chain constraints, module price volatility, and regulatory changes in export markets continue to pose risks.
Nonetheless, Waaree’s integrated manufacturing model, global certifications, and large order pipeline provide a firm cushion against cyclical pressures in the solar energy sector.

Conclusion
The 599 MW module supply order won by Waaree Solar Americas marks a significant milestone for Waaree Energies, reinforcing its growing influence in the global renewable energy space. The development not only reflects the company’s operational excellence and international credibility but also highlights India’s increasing role in decarbonizing the world economy.
As governments and corporations double down on clean energy adoption, Waaree’s continued focus on scaling, innovation, and internationalization positions it well to be a frontrunner in the global solar revolution.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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India Set to Double Natural Gas Usage by 2040, Says Regulatory Study

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Market News - June 12, 2025

India Set to Double Natural Gas Usage by 2040, Says Regulatory Study

India Set to Double Natural Gas Usage by 2040, Says Regulatory Study

A fresh projection by PNGRB highlights a sharp rise in gas demand, fueled by cleaner energy adoption in vehicles, homes, and industrial sectors.

India’s Natural Gas Outlook: A Decade of Rapid Growth Ahead

India is poised for a significant leap in natural gas usage over the next two decades, according to a fresh assessment from the Petroleum and Natural Gas Regulatory Board (PNGRB). The study anticipates that the country’s daily gas consumption will increase by nearly 60% by 2030 and more than double by 2040 compared to current levels.

This anticipated rise is closely tied to expanded adoption of compressed natural gas (CNG) for transportation, greater household usage through piped gas networks, and increased reliance on gas across various industrial processes.

Projected Demand: A Look at the Numbers

According to a recent assessment by the Petroleum and Natural Gas Regulatory Board (PNGRB), India is utilizing approximately 187 million standard cubic metres of natural gas each day during the fiscal year 2023–24. Under the ‘Good-to-Go’ scenario — which presumes stable growth in line with existing policies and trends — demand is forecasted to reach 297 mmscmd by 2030. The upward trajectory is expected to persist through the next decade, with daily natural gas usage anticipated to reach 496 million standard cubic metres by the year 2040.

In a more optimistic scenario dubbed ‘Good-to-Best’, which factors in accelerated reforms, improved policy execution, and greater investments, the demand outlook is even stronger — growing to 365 mmscmd by 2030 and soaring to 630 mmscmd by 2040.

Clean, Affordable, and Growing: Why Gas is Gaining Ground

The report emphasizes that natural gas stands out as a clean, economical, and practical energy source when compared to other fossil fuels. As India’s overall energy requirements continue to climb, natural gas is being positioned as a key transitional fuel, especially important in the country’s journey towards its net-zero emission target by 2070.

The government has set a goal to raise the share of natural gas in the national energy mix to 15% by 2030 — more than double the current share of approximately 7%. This effort supports India’s shift from high-emission fuels to more sustainable options.

City Gas Distribution to Lead the Demand Curve

City Gas Distribution (CGD), which includes supplying CNG to vehicles and piping gas into residential kitchens and industrial units, is expected to be the biggest growth driver. The sector currently consumes around 37 mmscmd, but this is projected to rise significantly, hitting over 87 mmscmd by 2030.

By that time, CGD is forecasted to overtake the fertilizer sector to become the largest consumer of natural gas, contributing nearly 29% to total demand in 2030 and a substantial 44% by 2040.

Sectoral Trends: Fertilizer, Power, and Refining

While CGD will see the sharpest growth, other sectors are expected to show moderate increases. At present, the fertilizer sector stands as the top consumer of natural gas, using 58 million standard cubic metres daily—a figure anticipated to climb to 65.3 mmscmd by 2030 and further to 72.9 mmscmd by 2040. However, with no major new fertilizer plants planned in the near future, this growth will be gradual.

Natural gas usage in electricity generation is forecast to expand from the present level of 25.2 million standard cubic metres per day to 35.7 mmscmd by 2030, reaching 43.5 mmscmd by 2040. Meanwhile, refineries and petrochemical industries are also on track for a sharp uptick in demand—rising from 22 mmscmd currently to 43.3 mmscmd by 2030—fueled by a growing focus on integrating petrochemical operations.

LNG to Play a Critical Role in Bridging Demand

As India’s domestic gas production may not keep pace with the accelerating demand, the country is expected to lean heavily on imports of liquefied natural gas (LNG). The report indicates that LNG imports will more than double by 2030 to close the demand-supply gap.

Post-2030, LNG is also expected to carve a niche in the long-haul transport sector. With the potential to significantly reduce dependence on diesel, LNG trucks may follow a growth trajectory similar to that of China’s success in reducing diesel reliance. Emerging global LNG supply dynamics indicate promising prospects for securing extended-term agreements and maintaining steady pricing over time.

Final Thoughts

India’s energy landscape is set for a major transformation, with natural gas emerging as a key player in the country’s transition to cleaner fuels. Backed by favorable policies, rising urban demand, and strong industrial uptake, gas consumption is projected to increase substantially over the next 15 years.

As city gas networks drive demand and LNG fills the shortfall, natural gas is poised to play a central role in advancing India’s transition to cleaner energy. Moderate expansion in the fertilizer, power, and refining sectors further supports this upward trajectory.

The PNGRB study outlines a clear path: if policies remain supportive and investments continue to flow, India can look forward to a robust, gas-powered future that aligns with its environmental commitments and growing energy needs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Paras Defence Declares Stock Split Amid Shareholding Shift

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Market News - June 12, 2025

Paras Defence Declares Stock Split Amid Shareholding Shift

Paras Defence Declares Stock Split Amid Shareholding Shift

Institutional buying rises as promoters trim stake

Paras Defence and Space Technologies Ltd has revealed plans to split its equity shares in a *1:2 ratio*, reducing the face value of each share from ₹10 to ₹5. The company aims to enhance stock liquidity and increase retail investor accessibility through this move.

Recently, the company experienced notable changes in its shareholding structure. *Promoters offloaded a total of 13,34,208 shares, indicating a potential rebalancing of their holdings or profit realization. In contrast, **Foreign Institutional Investors (FIIs)* acquired *8,21,215 shares, while **Domestic Institutional Investors (DIIs)* picked up *2,50,252 shares* during the same period. This divergence highlights the growing confidence of institutional investors in the company’s growth outlook.

With expertise in defence optics, space systems, and high-end manufacturing, the company stands to gain from the Indian government’s push for indigenous development under the *Make in India for Defence* initiative.

The announced share split is expected to improve market participation, especially among retail investors, by making shares more affordable. Such corporate actions often lead to increased stock liquidity and improved investor sentiment. Moreover, the recent surge in institutional buying is seen as a positive indicator of long-term potential, especially given the critical nature of the defence and aerospace domains.

Experts believe the institutional interest amid promoter selling indicates sustained belief in the company’s business fundamentals. The firm continues to secure new projects across government and private clients, contributing to a growing order pipeline. As India emphasizes self-reliance in defence, companies like Paras Defence are expected to play a pivotal role.

The combination of a share split and robust institutional investment suggests a period of strategic repositioning, which may unlock further growth opportunities. Supported by increasing demand, favourable policies, and its technological edge, Paras Defence is well-positioned to strengthen its presence in the defence and space industry.

Summary

Paras Defence has announced a 1:2 stock split to improve share affordability. While promoters reduced their holdings by over 13 lakh shares, FIIs and DIIs collectively acquired over 10 lakh shares, underscoring growing institutional trust in the company’s future.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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BSE Shares Decline as Inclusion in ASM Framework Triggers Market Caution

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Dharani Sugars Q1 FY2026: Challenges Amid Industry Headwinds
Market News - June 12, 2025

BSE Shares Decline as Inclusion in ASM Framework Triggers Market Caution

BSE Shares Decline as Inclusion in ASM Framework Triggers Market Caution

Shares of BSE Ltd. witnessed a sharp decline after being added to the Additional Surveillance Measure (ASM) list, raising immediate caution among traders and investors. The stock dropped by nearly 4% on June 11, with the downward trend continuing into the following trading session. Over two consecutive days, BSE’s shares tumbled more than 7%, as market participants reacted quickly to the regulatory update, adjusting their strategies amid concerns over tighter trading norms.

What is the ASM Framework?

The Additional Surveillance Measure (ASM) framework, introduced by SEBI and the stock exchanges, is designed to monitor stocks that display extraordinary price volatility or significant increases in trading volumes. When a stock is placed under ASM, it does not suggest any misconduct or problem within the company. Instead, the purpose is to protect market stability by discouraging speculative trading through tighter margin requirements, restricted intraday trading, and increased regulatory supervision.

Why BSE Shares Came Under Scrutiny

BSE Ltd. attracted regulatory attention due to its exceptional price rally over the past several months. The company’s stock surged over 120% in the last three months, recorded an impressive 225% gain over the previous year, and appreciated by nearly 32% in just one month. Importantly, this steep rise occurred without any significant company announcements or business developments. Such rapid and unexplained price movements are typically flagged by regulators, leading to the stock’s inclusion in the ASM list to ensure that excessive speculation does not destabilize the market.

How the Market Reacted

After being placed under the ASM category, BSE shares faced significant selling activity. On June 11, the stock slipped to an intraday low of ₹2,885.20, marking a close to 4% decline in a single day. The selling pressure persisted on June 12, pushing the stock down further to nearly ₹2,786.80. Within just two trading sessions, BSE’s market value eroded by over 7%, underlining the immediate impact that regulatory monitoring can have on stock performance.

Technical View and Financial Strength

From a technical standpoint, despite this recent fall, the stock is still trading above long-term support levels such as the 50-day and 200-day Simple Moving Averages (SMA). However, the stock has dipped below its 5-day SMA, which signals short-term weakness. Previously, the Relative Strength Index (RSI) indicated overbought conditions, suggesting that the stock was likely due for a correction.

Looking at the financial performance, BSE Ltd. continues to deliver strong results. During the fourth quarter of FY25, the company posted an impressive net profit of ₹494 crore, reflecting a substantial 362% growth compared to the same period last year. Its revenue also witnessed a sharp rise of 75%, reaching ₹847 crore, while EBITDA margins expanded to 70%, underscoring improved operational effectiveness. Additionally, transaction fee income more than doubled to ₹612 crore, underscoring the resilience of BSE’s core business operations.

What This Means for Investors

Stocks listed under the ASM framework often witness short-lived price fluctuations since the increased margin demands and restricted trading conditions generally limit speculative activity. However, this should not be misinterpreted as a negative reflection on the company’s long-term fundamentals. For long-term investors, this phase could present an opportunity to reassess the stock’s valuation and growth prospects. Meanwhile, short-term traders should remain cautious, as the new trading restrictions could increase costs and impact daily trading strategies.

The Bigger Picture: Role of the ASM Framework

The ASM framework plays a vital role in maintaining the integrity of financial markets by closely tracking stocks with sudden and aggressive price actions. A stock may be removed from the ASM framework if its price movements and trading activity return to more stable and consistent patterns. Companies like BSE, which are financially sound, often regain investor trust once the additional regulatory oversight is lifted.

What to Watch Going Ahead

Several factors may influence the future price movement of BSE shares:

Global and Domestic Market Sentiment: Overall trends in Indian and global equity markets will continue to impact stock prices.

Trading Volumes: A gradual reduction in abnormal trading volumes could help the stock move out of the ASM framework.

Institutional Investment Activity: Buying or selling actions by large domestic and foreign investors will remain important indicators.

Regulatory Developments: Future updates regarding BSE’s status under ASM monitoring will be crucial for investors to track.

Conclusion

The recent drop in BSE Ltd’s stock price following its addition to the ASM framework has led to a wave of caution among investors. While the regulatory move has temporarily impacted the stock’s momentum, the company’s strong financial growth, expanding margins, and steady revenue performance demonstrate that its long-term business outlook remains healthy. Investors should focus on the company’s fundamentals and watch for regulatory and market updates as the stock adjusts to the new trading environment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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India Set to Invest $600 Million in Crude Tankers

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Flexiloans Bags ₹375 Cr in Series C, Targets ₹5,000 Cr AUM Within 18 Months
Market News - June 12, 2025

Flexiloans Bags ₹375 Cr in Series C, Targets ₹5,000 Cr AUM Within 18 Months

Flexiloans Bags ₹375 Cr in Series C, Targets ₹5,000 Cr AUM Within 18 Months

Digital lending firm aims to accelerate growth with new funding round, eyes expansion into deeper Bharat markets and secured loan products.

Major Capital Boost Positions Flexiloans for Aggressive Expansion

Flexiloans, a leading digital lending platform focused on India’s micro, small, and medium enterprises (MSMEs), has successfully secured ₹375 crore in a Series C funding round. This fresh capital injection marks a significant milestone for the fintech startup as it gears up to scale its assets under management (AUM) to ₹5,000 crore over the next 12 to 18 months.

This latest round follows a ₹290 crore raise in September 2024, pushing the company’s total fundraising tally to ₹665 crore within just six months. The latest capital infusion saw enthusiastic participation from legacy investors, among them Fundamentum, Accion Digital Transformation Fund, Nuveen, and Maj Invest, reaffirming their continued confidence in the company’s long-term vision. A key highlight was the addition of British International Investment (BII), the UK’s development-focused financial institution, stepping in as a fresh strategic partner.

Growth Fueled by Bharat-Focused Lending and Hyperlocal Solutions

Flexiloans has carved a niche by focusing on underserved markets across India, particularly in non-metro regions. Approximately 75% of the company’s disbursements have been concentrated in tier 2 to tier 5 cities, where access to formal credit has historically been limited.

Co-founder Deepak Jain emphasized the company’s commitment to rural and semi-urban India, stating, “Our journey is rooted in Bharat. Our efforts go far beyond urban lending—we’ve deeply rooted ourselves in the country’s interior regions, where access to credit can genuinely transform lives.”

Looking ahead, Flexiloans plans to deepen its hyperlocal approach, creating loan products tailored to specific sectors such as retail, wholesale, and small trading businesses. These region-specific offerings are designed to match the nuanced financial needs of local entrepreneurs and enterprises.

Diversifying Products: From EMI Loans to Secured Financing

In preparation for its next growth phase, Flexiloans is actively working to diversify and enhance its range of financial offerings. While the platform is already known for its unsecured EMI-based loans and supply chain finance products, it now aims to introduce secured financing options.

The forthcoming offerings are set to feature brief-tenure working capital solutions and transaction-specific financing structures, thoughtfully designed to address the unique needs of MSMEs. Jain noted that these new products are intended to address the growing appetite for flexible capital among small businesses across the country.

“Our focus now is on building secured loan solutions while continuing to scale our supply chain financing offerings,” he explained. “We’re listening to the market and responding with solutions that MSMEs actually need.”

Technology-Driven Lending: AI at the Core of Credit Decisions

Technology continues to be a foundational pillar of Flexiloans’ operations. The company leverages artificial intelligence and machine learning to refine its credit underwriting processes—especially for thin-file borrowers who may lack extensive credit histories.

Using alternative data sources such as purchase records, credit bureau insights, and other ecosystem information, the firm’s risk models are continuously evolving to improve accuracy and credit quality. By harnessing data intelligence, Flexiloans is able to make well-grounded credit decisions while maintaining cost-efficiency across its operations.

“Our tech-first mindset gives us the ability to reach customers that traditional lenders might overlook. And more importantly, we can do so at scale,” Jain said.

Partial Exits for Early Investors: A Strong Mark-to-Market Moment

Alongside the primary infusion, the Series C round also featured a secondary component, offering some early-stage investors an opportunity to partially exit with attractive returns. This move reflects the company’s growing valuation and investor confidence in its long-term growth trajectory.

Jain remarked that such exits are beneficial for both the company and its early backers. “Recognizing and valuing the early supporters who placed their trust in us from day one is truly essential. While this isn’t a full exit, it does give them liquidity and sets the stage for even better outcomes when we eventually go public.”

What Lies Ahead: Scaling AUM and Unlocking the Next Growth Chapter

With fresh funding secured and strategic partners on board, Flexiloans is setting its sights high. The company has outlined a clear goal to grow its AUM to ₹4,000–₹5,000 crore over the next year and a half. This scale-up will be powered by a mix of product diversification, regional focus, and continued investment in cutting-edge technology.

From tier 4 towns to metropolitan corridors, the company’s mission remains unchanged—making affordable, accessible credit available to MSMEs that fuel India’s economic engine.

Final Thoughts

Raising ₹375 crore through its Series C funding marks a defining milestone in Flexiloans’ path toward rapid and sustained growth. With a cumulative ₹665 crore secured in just half a year, the fintech is poised to transform MSME lending across India. By deepening its reach into smaller towns, diversifying into secured products, and leveraging technology for smarter lending, Flexiloans is crafting a roadmap for sustainable and inclusive financial growth.

As the company moves toward an ambitious ₹5,000 crore AUM target, it remains focused on empowering small businesses across Bharat—fueling job creation, entrepreneurial dreams, and grassroots economic development.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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India’s Textile Task Force Sets Sights on Global Expansion

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Foxconn Strengthens India Presence Amid Global Asset Shift
Market News - June 12, 2025

India’s Textile Task Force Sets Sights on Global Expansion

India’s Textile Task Force Sets Sights on Global Expansion

India’s fabrics aren’t just stitched — they’re getting smart.

India has taken a proactive step to strengthen its position in the global textile market by launching a dedicated task force focused on expanding the country’s export capabilities. The newly formed group, meeting for the first time in New Delhi, brought together top officials, industry leaders, and policy experts to chart a strategic path forward. At the heart of this initiative lies the goal to tackle pressing international trade challenges and unlock new growth opportunities for textile businesses across the country.

One of the key themes explored in the session was how Indian textile players could gear up for the EU’s Deforestation-Free Products Regulation (EUDR), a policy shift that demands greater transparency in the sourcing and production of commodities. The task force acknowledged that such global compliance standards may present hurdles for exporters but also offer an opportunity to reposition India as a responsible and reliable supplier in the sustainable textile value chain.

Another topic that featured prominently was how online platforms can act as engines for expanding India’s textile reach. The group underlined the transformative role of e-commerce, not just in increasing overseas sales, but also in creating access for small and medium enterprises that traditionally found it hard to participate in exports. By strengthening logistics and digital infrastructure, the task force aims to integrate rural producers into the global market more efficiently.

By aligning these initiatives with the work of the task force, policymakers hope to formulate a roadmap that addresses both short-term export challenges and long-term competitiveness.

Trade deals were also a crucial part of the conversation. The task force evaluated how upcoming agreements, such as the UK–India Free Trade Agreement, could offer Indian exporters tariff-free access to major markets. Such trade liberalization is expected to drive higher export volumes, particularly in categories like garments and home furnishings, which form the backbone of India’s textile economy.

The move isn’t isolated to the central government alone. Regional organizations are stepping in too. For instance, the Southern Gujarat Chamber of Commerce and Industry recently launched its own task force to bring stakeholders across Surat’s textile sector under one collaborative framework. The goal here is to bridge the gap between policymakers, manufacturers, and global buyers to ensure smoother export operations.

As part of its broader vision, the national textile task force aims to iron out long-standing inefficiencies in customs processes and compliance documentation. It also highlighted the need to ease up Quality Control Orders (QCOs) on basic raw materials like polyester and viscose, which continue to hinder cost competitiveness for many Indian exporters.

Another forward-looking proposal discussed during the session was the creation of a separate ESG (Environmental, Social, and Governance) committee. This unit would be tasked with aligning India’s textile production with global eco-conscious trends. By branding Indian textiles as ethical and eco-friendly, the country could unlock premium pricing and higher demand from environmentally aware markets.

At the heart of the discussion was a shared belief that collaboration, innovation, and policy alignment can significantly strengthen India’s textile export engine. As global fashion brands become increasingly conscious of where and how their products are made, India is strategically positioning itself as a supplier that blends tradition with sustainability and scale.

By confronting compliance issues, leveraging digital transformation, and building synergy with global trade agreements, the country aims to not just catch up with international competitors—but to lead the next chapter of global textile trade.

Summary

India’s newly formed textile export task force is shaping a modern strategy to push Indian textiles deeper into global markets. With a focus on sustainability, digital trade, policy reforms, and trade agreements, the initiative aims to overcome export bottlenecks and position India as a future-ready textile powerhouse.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Inox Wind Energy Ltd Surges as NCLT Approves Merger with Inox Wind Ltd

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Sensex Jumps 450 Points Amid Renewed US-China Trade Hopes and Strong Sectoral Buying
Market News - June 12, 2025

Sensex Jumps 450 Points Amid Renewed US-China Trade Hopes and Strong Sectoral Buying

Sensex Jumps 450 Points Amid Renewed US-China Trade Hopes and Strong Sectoral Buying

The Indian stock markets saw a sharp recovery on Wednesday, with the Sensex surging more than 450 points from its intraday low and the Nifty comfortably crossing the 25,200 level. The upbeat sentiment was largely driven by optimism surrounding trade negotiations between the United States and China, supported by positive domestic and international cues.

Renewed Optimism Over US-China Trade Discussions

Investor confidence surged following encouraging updates about the US-China trade discussions. Reports suggesting progress in these negotiations uplifted global markets and provided relief to investors concerned about ongoing trade conflicts. This positive outlook had a direct ripple effect on the Indian stock markets, driving buying activity across sectors.

The global rebound was also visible in major Asian indices, including Japan’s Nikkei and South Korea’s Kospi, which moved higher in tandem with the trade optimism. These developments set the stage for the Indian stock markets to post broad-based gains.

Broad-Based Buying Powers the Market Rally

The rally extended across multiple sectors, not confined to just one industry. Leading companies such as Reliance Industries, Tata Motors, Mahindra & Mahindra, NTPC, and Tata Steel played a significant role in propelling the market indices upward.

Auto stocks performed notably well, supported by improving demand forecasts and easing cost pressures. Banking shares also saw robust gains, underpinned by strong foreign investment inflows and expectations that the Reserve Bank of India’s recent rate cut would help boost lending and liquidity.

Additionally, shares from the oil & gas sector benefited from a slight drop in global crude oil prices, which further improved investor sentiment. However, some sectors saw profit booking. FMCG shares, which had recently performed well, faced selling pressure, while IT stocks traded with mixed cues, mirroring weakness seen in global technology shares.

Continued Foreign Investment Adds Fuel

The sustained inflow from foreign institutional investors (FIIs) was a key factor in supporting Wednesday’s rally. FIIs continued their buying streak, marking the fifth consecutive day of positive flows, purchasing equities worth around ₹2,300 crore on Tuesday. This consistent buying trend shows increasing confidence among international investors in Indian equities.

The Reserve Bank of India’s decision to cut the repo rate by 50 basis points has created a favorable environment for liquidity, making stock markets more attractive for both domestic and foreign investors. Domestic institutional investors (DIIs) also contributed to the rally, further strengthening the bullish sentiment.

Technical Breakouts Signal Positive Momentum

From a technical perspective, the market’s ability to decisively cross critical resistance levels confirmed strong upward momentum. The Nifty’s steady movement above 25,200 and the Sensex’s climb beyond 82,700 are seen as positive indicators for near-term market trends.

Analysts suggest that as long as the Nifty stays above the key 25,000 level, it could potentially aim for the 25,350–25,500 range in the coming sessions. Another positive sign was the decline in the India VIX, the volatility index, which dropped to around 13.6. This indicates reduced fear among traders and points to growing market stability.

What to Watch Going Forward

Looking ahead, market watchers will keep an eye on several key factors that could shape the direction of Indian equities:

Progress in US-China and US-India Trade Relations: Any new developments in trade negotiations could significantly impact market sentiment.

Global Economic Data Releases: Inflation updates and other key reports from major economies like the US will be closely followed for cues on interest rate changes and liquidity trends.

Corporate Earnings Announcements: As the earnings season continues, company performance will be crucial in determining whether the current rally can be sustained.

Quick Snapshot: Key Factors Supporting the Rally
Driver Impact on Market
US-China Trade Progress Uplifted global and Indian sentiment
Consistent FII Buying Provided strong liquidity support
RBI’s Recent Rate Cut Improved lending and market confidence
Strong Sector-Wide Participation Led by auto and banking shares
Lower Market Volatility Boosted investor confidence

Conclusion

Wednesday’s rally highlighted the strength of Indian equities amid favorable global and domestic trends. Progress in US-China trade talks, continuous foreign investment, and broad-based sector participation provided the necessary push for the Sensex and Nifty to surge. Going forward, global trade updates and corporate earnings will play key roles in determining whether this bullish momentum can be maintained.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Inox Wind Energy Ltd Surges as NCLT Approves Merger with Inox Wind Ltd

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Tanla Platforms Shares Jump Nearly 13% Ahead of Possible Third Buyback Plan
Market News - June 12, 2025

Eternal Ltd. Shares Climb Following ₹156 Crore Block Deal

Eternal Ltd. Shares Climb Following ₹156 Crore Block Deal

Eternal Ltd. (Zomato’s parent) sees a surge after a major block trade, even as competitive pressures mount in India’s food delivery sector.

Block Deal Details: A Major Transaction
Eternal Ltd. experienced a notable pre-market block deal where 60.93 lakh shares—accounting for 0.06% of its total outstanding equity—were traded at an average price of ₹256 per share, amounting to a total transaction value of ₹156 crore. This large trade was executed in the block deal window and immediately impacted the stock’s performance, pushing its price up by as much as 2% during the session.
The deal was part of a broader day in the Indian markets that saw several large block trades, but Eternal’s transaction stood out due to its size and the company’s prominence in the fast-evolving online services space.

Market Reaction: Share Price Rebounds
Following the block deal, Eternal’s share price opened at ₹258 and traded as high as ₹259.85, marking a 1.62% gain on the day. This rebound broke a two-day losing streak for the stock, which had been under pressure due to concerns about intensifying competition in the food delivery sector. Despite the uptick, the stock remains down over 6% for 2025, reflecting the volatility and uncertainty in the sector.

Competitive Pressures: Rapido’s Entry Shakes Up the Market
A key factor influencing Eternal’s recent share price performance has been the entry of Rapido, a well-known cab-hailing platform, into the food delivery market. Rapido has started onboarding restaurants for its pilot project in Bengaluru, offering a flat delivery rate and significantly lower commission fees—between 8% and 15%—compared to the 15%-30% typically charged by established players like Zomato and Swiggy.
Rapido’s aggressive pricing strategy is designed to attract both restaurants and customers, leveraging its existing user base of 30 million monthly active users. This move threatens to disrupt the current duopoly and has sparked concerns about potential margin pressures for incumbents.

Industry Context: IPO Delays and Market Sentiment
The competitive landscape remains dynamic, with recent reports suggesting a delay in the IPO of Zepto, another food delivery startup. This news had briefly buoyed shares of both Eternal and Swiggy last week, as investors anticipated less immediate competition for capital and market share. Zepto, however, has clarified that its IPO filing is scheduled for later in 2025, maintaining ambiguity in the market’s competitive dynamics.

Eternal Ltd. Financial Performance and Analyst Outlook
Despite the recent volatility, Eternal Ltd. has posted strong financial results for FY25. With consolidated revenue reaching ₹20,243 crore—up 67% from the previous year—and net profit climbing 139% to ₹697 crore, the company delivered robust financial performance. Key financial metrics as of June 2025 include:
• Return on Equity (ROE): 5.15%
• Price-to-Earnings (P/E, TTM): 426.13x
• Price-to-Book (P/B): 6.95x
Investor sentiment remains positive, with close to 80% of analysts issuing a ‘BUY’ rating and an average target price of ₹271.86. The company’s expansion into quick commerce through Blinkit and its strong revenue growth are seen as positives, but high valuations and competitive risks remain key concerns.

Recent Block Deals: Not an Isolated Event
This is not the first ₹156 crore transaction involving Eternal Ltd. In late May 2025, BNP Paribas Financial Markets purchased over ₹1,480 crore worth of Eternal shares, reflecting continued institutional interest in the company. Such large trades often signal confidence from sophisticated investors, though they can also reflect portfolio rebalancing or strategic shifts.

What’s Next for Investors?
Eternal’s recent stock performance and block deal activity underscore its attractiveness to both institutional and retail investors. The company’s strong growth trajectory, leadership in food delivery, and expansion into new verticals are balanced by the threat of new entrants like Rapido and the ever-present challenge of high valuations.
Investors should monitor:
• Evaluating the response to Rapido’s food delivery pilot and its prospects for wider adoption.
• Developments around Zepto’s IPO and broader sector competition.
• Eternal’s ability to maintain growth and profitability amid rising costs and competitive pressures.

Conclusion
The ₹156 crore block deal in Eternal Ltd., followed by a stock price uptick, signals ongoing investor enthusiasm for the country’s online services and food delivery market. While the company’s fundamentals remain strong, the evolving competitive landscape and high valuations warrant careful attention. For now, Eternal stands at the crossroads of opportunity and challenge, with its next moves likely to shape both its own future and that of the broader industry.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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BofA’s Stake Purchase Triggers Strong Rise in Oriental Carbon Stock.

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