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Bajaj Finance Stock Split and Bonus Shares: Turning 10 Shares into 100
Market News - June 3, 2025

Meesho to Distribute ₹411 Crore in Bonus Shares Ahead of IPO

Meesho to Distribute ₹411 Crore in Bonus Shares Ahead of IPO

E-commerce firm rewards investors as it prepares for public listing

Social commerce company Meesho, headquartered in Bengaluru, is planning to issue bonus shares valued at ₹411 crore to its current shareholders. This step comes as part of the company’s preparations to launch its initial public offering (IPO), scheduled for 2026.

This bonus share issuance is designed to boost shareholder value and organize the equity distribution before Meesho enters the public market. Additionally, the company is in the process of restructuring its corporate setup. It has filed an application for a reverse merger, intending to merge its Indian subsidiary, Fashnear Technologies, into the parent company based in the U.S., Meesho Inc. The merger aims to streamline governance and simplify regulatory compliance ahead of the IPO.

Meesho has brought on board leading investment banks—Morgan Stanley, Kotak Mahindra Capital, and Citi—to manage its IPO process. The company targets raising about \$1 billion from the offering, with a valuation estimated at \$10 billion. Industry experts expect the public listing to take place around the Diwali festival in late 2025, potentially positioning Meesho ahead of its competitors in the public markets.

Issuing bonus shares signifies Meesho’s effort to reward its early investors and lay a strong foundation for its market debut. As Meesho continues to grow its presence in India’s expanding e-commerce sector, this IPO marks a crucial milestone in the company’s journey toward becoming a publicly traded enterprise.

 

 

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Gold Surpasses $3366 Mark, Eyes $3435 Resistance Next

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Why gold funds saw a record weekly inflow — and what it signals for Indian investors
Market News - June 3, 2025

Gold Surpasses \$3366 Mark, Eyes \$3435 Resistance Next

Gold Surpasses \$3366 Mark, Eyes \$3435 Resistance Next

XAU/USD maintains upward momentum as bullish pressure builds

Gold prices have surged past the key psychological and technical level of *\$3366.02, indicating renewed bullish strength in the commodity. This breakout has shifted short-term market sentiment in favor of buyers, setting the stage for a potential test of the **next resistance at \$3435.06*.

Following several sessions of consolidation, the price of XAU/USD has shown decisive upward movement. Traders and investors are interpreting this break above \$3366.02 as a strong signal that demand for gold is rising in response to ongoing macroeconomic uncertainties.

Technical Overview

The clean breach of the \$3366 level confirms a breakout pattern that had been forming over the past week. Technical indicators such as RSI and MACD are now showing bullish signals, with no immediate signs of overbought conditions. Should the current momentum continue, the price is likely to climb toward *\$3435.06*, where historical resistance lies.

Price action suggests a shift in control from sellers to buyers, with higher lows forming on the daily chart—a classic signal of upward trend continuation. If gold sustains its position above the \$3366 zone, this could act as a new support base for the next leg up.

Market Sentiment and Macro Drivers

Gold’s strength is being fueled by several fundamental tailwinds. Global investors are increasingly seeking safety as geopolitical instability and central bank policy shifts inject volatility into risk assets. With the U.S. dollar showing signs of softening and real yields on Treasury bonds dipping, conditions are favorable for gold to gain further traction.

Demand for gold also tends to rise during periods of inflationary pressure and market uncertainty, both of which remain present in current economic data from major economies.

What’s Next for XAU/USD?

All eyes are now on the *\$3435.06* resistance level. A successful move above this price could unlock further upside, potentially drawing in more momentum buyers. However, a failure to break through on the first attempt may result in a retest of the newly formed support near *\$3366.02*.

For traders, it’s important to monitor how gold behaves around these key levels. Breakout confirmation, volume strength, and macroeconomic news will play critical roles in shaping near-term price direction.

Summary:
Gold (XAU/USD) has broken above \$3366.02, establishing a bullish tone and pointing toward the next major resistance at \$3435.06. Supported by safe-haven flows and favorable technicals, gold may continue higher if the breakout holds.

 

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AstraZeneca India Reports 48% Increase in Quarterly Profit

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NSDL Shares Jump 16%, Push Value Past ₹25,000 Crore
Market News, Markets - June 3, 2025

Race Eco Chain Sees Explosive Surge in Annual Profit

Race Eco Chain Sees Explosive Surge in Annual Profit

Indian waste recycler posts 1,336% profit growth in FY25

Race Eco Chain Ltd, a leading waste management firm in India, has delivered an extraordinary financial result, announcing a *1,336% increase in its net profit year-over-year* for the financial year 2025. This dramatic growth reflects the company’s solid performance and its rising influence in the recycling and environmental sustainability space.

Financial Highlights

During FY25, the company’s consolidated net earnings soared to ₹1.58 crore, a striking leap compared to just ₹0.11 crore recorded in the corresponding period last year. The turnaround was driven by expanded revenue, better operational handling, and a series of strategic business moves that helped boost profit margins significantly.

Revenue Expansion

Revenue numbers also climbed notably, showcasing the increasing demand for eco-friendly waste solutions. Race Eco Chain’s upward sales trend highlights its successful efforts to broaden its market share and tap into India’s growing recycling industry. The financial upswing signals effective business expansion and strong client traction in both public and private sectors.

Efficiency Improvements

Key operational changes played a central role in this performance. The company adopted cutting-edge waste management technologies, restructured its logistics systems, and formed new alliances, all of which enhanced productivity and cut down costs. These efficiency-focused measures allowed Race Eco Chain to improve delivery while managing resources more effectively.

Business Strategy and Market Reach

In recent quarters, Race Eco Chain has launched several strategic projects designed to increase service offerings and geographic reach. These business decisions have not only supported top-line growth but also positioned the firm as a recognized leader in the circular economy movement in India. The diversification into new segments is proving critical in reinforcing the company’s competitive edge.

Future Growth Potential

Looking forward, the outlook for Race Eco Chain remains positive. With environmental awareness growing and stricter waste disposal regulations being introduced, the company is well-placed to benefit from this trend. Analysts expect the demand for organized, sustainable waste services to rise sharply, offering Race Eco Chain fertile ground for continued expansion.

Conclusion

The staggering 1,336% growth in net profit achieved by Race Eco Chain Ltd in FY2025 demonstrates the company’s strong execution and growing market leadership. With a continued emphasis on operational upgrades, smart partnerships, and environmental stewardship, the company appears ready to capitalize on India’s accelerating shift toward sustainable development.

Summary:

Race Eco Chain Ltd reported a 1,336% year-over-year rise in net profit for FY25, boosted by increased revenue, better efficiency, and strategic business expansion. This result highlights the firm’s solid foundation and its promising future in India’s evolving waste management landscape.

 

 

 

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Weak Listing, Strong Recovery Indicates Investor Confidence in Aegis Vopak IPO

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Weak Listing, Strong Recovery Indicates Investor Confidence in Aegis Vopak IPO
Market News - June 3, 2025

Weak Listing, Strong Recovery Indicates Investor Confidence in Aegis Vopak IPO

Weak Listing, Strong Recovery Indicates Investor Confidence in Aegis Vopak IPO

 

Aegis Vopak Terminals Ltd, a prominent player in India’s liquid and gas logistics sector, made its debut on the stock exchanges on June 2, 2025. In contrast to what the market had anticipated, the stock debuted on the National Stock Exchange (NSE) at ₹220 a share, which was 6.38% less than its issue price of ₹235. However, what initially seemed like a disappointing debut turned into a swift recovery story. By the end of the trading session, the stock had risen to ₹242, closing about 3% above the IPO price and around 10% higher than its listing value.

IPO Details and Subscription Response

With a fresh issue of around 11.91 crore shares, the company’s IPO was available from May 28 to May 30 with the goal of raising ₹2,800 crore. Notably, there was no offer-for-sale component, ensuring that all proceeds went directly into the company for growth and operational expansion.
Investor interest in the IPO was moderate overall. Institutional investors were the primary source of the issue’s 2.09 subscriptions. Qualified Institutional Buyers (QIBs) subscribed their allotted portion 3.3 times, signaling strong belief in the company’s fundamentals. In contrast, retail investors subscribed just 0.77 times, while non-institutional investors came in at 0.56 times—indicating more caution from smaller players in the market.

Pre-Listing Expectations and Grey Market Indications

In the days leading up to the listing, the grey market premium (GMP) was signaling a flat to negative listing, with some reports even suggesting a slight discount of ₹1-₹2. Market experts attributed this lackluster sentiment to concerns over the valuation, especially in a market that has seen mixed IPO performances in recent months.
The discounted listing did not come as a surprise, but the rapid rebound after listing caught many off guard. Within hours, the stock began gaining momentum, driven largely by institutional buying and long-term investor confidence in the company’s growth strategy.

Company Profile and Strategic Objectives

Aegis Vopak Terminals is a joint venture between Aegis Logistics of India and Royal Vopak, a global tank storage company with its main office located in the Netherlands. The combined entity manages strategic liquid and gas storage facilities across seven key ports in India. These facilities play a crucial role in handling petroleum, chemicals, and LPG—sectors expected to witness long-term demand growth.
The IPO’s proceeds would be used to finance capital projects, such as the expansion of existing terminals and the purchase of new facilities, such the proposed cryogenic LPG terminal in Mangalore. A portion will also be directed towards reducing existing debt, which in turn is expected to strengthen the company’s balance sheet and operational leverage.

Industry Position and Growth Outlook

Aegis Vopak is well-represented in India’s expanding energy logistics market. With increasing demand for cleaner fuels and industrial chemicals, the company is well-placed to capitalize on sectoral tailwinds. It offers a strong value proposition by combining local operational knowledge from Aegis with global best practices from Vopak.
Furthermore, the company’s efficient asset base, measured in terms of low capital expenditure per tonne and high tank turnover rates, adds to its appeal for long-term investors. Its ability to scale operations in tandem with demand gives it an edge over many smaller, fragmented competitors in the same industry.

Analyst Reactions and Market Sentiment

Market analysts remain divided in their short-term views. Some remain cautious due to the stock’s high valuation multiples compared to industry peers. However, most experts agree that the company’s fundamentals are strong and its long-term growth story remains intact.
Brokerage firms have largely issued ‘Hold’ or ‘Long-term Buy’ recommendations, suggesting that while near-term volatility may persist, the company offers strong upside over a longer investment horizon. The swift post-listing recovery has reinforced that view, especially as broader market sentiment continues to remain sensitive to global macroeconomic cues.

Conclusion

Aegis Vopak Terminals’ IPO journey is a clear example of how short-term listing pressures don’t necessarily reflect a company’s long-term value. While the shares debuted at a discount, the market quickly corrected course, recognizing the company’s strategic importance and operational strength.
The IPO not only brings additional capital into the company for expansion but also signals investor faith in India’s growing energy logistics infrastructure. For investors with a medium to long-term view, Aegis Vopak presents an opportunity aligned with India’s energy transition and industrial growth story.

 

 

 

 

 

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Shree Cement and RITES Collaborate to Expand Rail Links

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Cochin Shipyard Sees Share Price Uptick as Defense Sector Gains Strength
Market News - June 3, 2025

UK Strengthens Weapons Production Capacity Under New Defence Strategy

UK Strengthens Weapons Production Capacity Under New Defence Strategy

 

The United Kingdom has unveiled an ambitious new defence strategy aimed at significantly enhancing its weapons manufacturing capabilities. This move comes in response to evolving global security challenges and reflects the country’s commitment to maintaining a robust and self-reliant defence posture.

Addressing Global Security Challenges

In light of rising geopolitical tensions, including ongoing conflicts and emerging threats, the UK government has prioritized the expansion of its defence production capacity. The strategy seeks to reduce reliance on foreign suppliers and ensure the nation can meet both current and future military demands independently.

The renewed focus is driven by the need to rapidly replenish and modernize the armed forces’ equipment amid unpredictable international security dynamics.

Investment in Manufacturing and Technology

Central to the UK’s plan is a substantial investment in upgrading existing manufacturing infrastructure and adopting advanced technologies. The government intends to boost the domestic production of weapons, ammunition, and critical military components.

This includes the modernization of factories and the integration of cutting-edge technologies such as artificial intelligence, robotics, and advanced materials to enhance production efficiency and quality.

Enhancing Supply Chain Resilience

The new defence blueprint highlights the importance of a resilient and diversified supply chain. By fostering closer collaboration between government agencies, defence contractors, and research institutions, the UK aims to create a more agile and responsive production ecosystem.

Efforts will also focus on developing local suppliers and reducing vulnerabilities caused by over-dependence on overseas sources.

Supporting Innovation and Skills Development

Recognizing that innovation and skilled workforce are vital to maintaining defence superiority, the strategy emphasizes investment in research and development as well as vocational training. The government plans to collaborate with universities and technical colleges to nurture talent specialized in defence manufacturing.

Such initiatives are expected to strengthen the UK’s technological edge and ensure a steady pipeline of experts to sustain the defence industry.

Boosting Export Potential

The strategy also aims to enhance the UK’s position as a leading global exporter of defence equipment. By increasing production capacity and improving product quality, the country hopes to capture a larger share of international defence markets.

Export growth is viewed as a means to support domestic industry sustainability and contribute to the broader economy.

Strategic Partnerships and International Collaboration

While prioritizing self-reliance, the UK’s defence approach acknowledges the importance of strategic partnerships. Collaboration with allied countries and global defence firms will continue to play a role in technology exchange and joint ventures.

These alliances are intended to complement domestic efforts and enhance overall defence capabilities.

Challenges and Future Outlook

Despite the ambitious goals, the UK faces challenges such as managing high costs, navigating regulatory requirements, and ensuring timely project execution. Balancing rapid capability expansion with fiscal responsibility will be critical.

Nonetheless, the government’s comprehensive approach reflects a long-term commitment to safeguarding national security and positioning the UK as a resilient and innovative defence power.

 

 

 

 

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Anthropic Reaches $3 Billion in Revenue During AI Surge!

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Revolut Eyes $65 B Funding Round to Fuel U.S. Expansion
Market News - June 3, 2025

Fuel Costs Dip Again: Third Straight Month of Relief

Fuel Costs Dip Again: Third Straight Month of Relief

In a continued effort to align domestic fuel prices with global trends, India’s leading oil marketing companies have reduced the cost of aviation turbine fuel (ATF) and commercial LPG cylinders for the third consecutive month. The new pricing, which came into effect on *June 1, 2025*, offers a welcome break for industries heavily dependent on fuel—especially aviation and hospitality.

ATF Price Drops Significantly Across Key Cities

Aviation turbine fuel, a major component of airline operating expenses, saw a sharp reduction of *₹2,414.25 per kilolitre. This brings the price of ATF in Delhi to **₹83,072.55 per kiloliter, offering airlines some cushion amid volatile operating costs. In Mumbai, another major aviation hub, the revised rate now stands at **₹77,602.73 per kiloliter*.

In April and May, cuts of *6.15%* and *4.4%* respectively had already provided some temporary relief. With this latest reduction, Indian airlines—many of which operate under tight profit margins—may find a bit more breathing room.

Commercial LPG Cylinder Becomes More Affordable

In another important update for small and mid-sized businesses, the cost of *19-kg commercial LPG cylinders* has been trimmed by *₹24, bringing the new price to **₹1,723.50 in Delhi*. This change is specifically aimed at commercial users such as restaurants, hotels, and food service providers.

Price Adjustments Tied to Global Trends

These monthly fuel price revisions are carried out by state-run oil companies like *Indian Oil Corporation (IOC), **Hindustan Petroleum Corporation Ltd (HPCL), and **Bharat Petroleum Corporation Ltd (BPCL)*. Prices are reviewed and updated on the 1st of each month based on fluctuations in international crude oil rates, refining costs, and foreign exchange movements.

Global oil prices have seen a softening trend in recent weeks, influenced by weaker demand projections, economic slowdowns in key markets, and geopolitical uncertainties. This international easing has translated into lower domestic fuel prices, benefiting both consumers and businesses.

Industry Implications: Who Stands to Gain?

These repeated fuel price cuts come as a timely advantage for sectors battling high operational costs:

Airlines, which typically spend over 30% of their operating budget on fuel, can better manage ticket pricing and route expansions.
Restaurants, hotels, and food service providers, heavily reliant on commercial LPG, are expected to see marginal cost savings, which could support better pricing strategies in a highly competitive space.

While the reductions may not be drastic, the consistency of the downward trend is encouraging for industries that have faced relentless inflationary pressure over the last few years.

Summary:
India has implemented a fresh round of fuel price reductions for the third consecutive month, with aviation turbine fuel (ATF) lowered by ₹2,414.25 per kilolitre and commercial LPG cylinders by ₹24. Effective from June 1, 2025, these changes are designed to ease financial pressure on the aviation and hospitality sectors. The price cuts reflect falling international energy costs and are part of the standard monthly review by public-sector oil companies.

 

 

 

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Kia India Posts 14.43% Yearly Sales Growth in May 2025

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UGRO Capital Acquires Profectus Capital in Ambitious ₹1,400 Crore Deal
Market News - June 2, 2025

UGRO Capital’s ₹400 Crore Rights Offering to Drive Growth in MSME Finance

UGRO Capital’s ₹400 Crore Rights Offering to Drive Growth in MSME Finance

Empowering Shareholders and Strengthening Growth in India’s MSME Finance Landscape

Introduction

UGRO Capital, a leading DataTech-driven non-banking financial company (NBFC) focused on micro, small, and medium enterprises (MSMEs), has unveiled plans for a significant capital infusion through a rights issue. The company aims to raise ₹400 crore by issuing new equity shares at ₹162 apiece, directly offering its existing shareholders the opportunity to participate in its next phase of growth. This move follows a robust fiscal year and a recent preferential issuance of ₹915 crore in compulsorily convertible debentures (CCDs), further solidifying UGRO’s financial foundation.

The Rights Issue: Structure and Rationale

Shareholder-Centric Approach
For every 189 shares owned, shareholders are entitled to purchase 50 new shares at ₹162 each. This pro-rata mechanism ensures that all public shareholders can maintain their stake and avoid dilution as the company expands its operations.
Pricing and Market Context
The issue price of ₹162 per share is notably below the recent market price, which stood at ₹177.45 on the Bombay Stock Exchange at the time of announcement. This pricing strategy is intended to make the offering attractive and accessible, reinforcing the company’s commitment to equitable participation and inclusive growth.

Key Dates and Process

Record and Subscription Periods
The subscription window will open on June 13 and close on June 20, 2025, with the possibility of an extension by up to 30 days if needed. This timeline provides shareholders with a clear and fair opportunity to participate in the capital raise.

Strategic Imperatives Behind the Fundraise

Scaling Up MSME Lending
UGRO Capital’s primary objective is to accelerate its lending to India’s underserved MSME sector. The company has been consistently adding ₹3,000 crore to its assets under management (AUM) annually, reflecting strong demand for its tailored credit solutions. The fresh capital from the rights issue will enable UGRO to further scale its asset book and expand its national footprint.
Strengthening DataTech Edge
As a DataTech-driven NBFC, UGRO Capital leverages advanced analytics and digital platforms to assess creditworthiness and streamline loan disbursement. The capital injection will fund continued technology upgrades, improving both operational performance and customer satisfaction.

Institutional Confidence and Management Commitment

Backing from Global and Domestic Investors
The rights issue has already attracted strong commitments from both institutional and internal stakeholders. Significantly, IFU has committed ₹150 cr, with UGRO’s promoters, promoter group, and employees together pledging ₹34 cr.
This robust backing underscores the confidence that both external and internal investors have in UGRO’s growth strategy.
Management’s Vision
Shachindra Nath, Founder and Managing Director of UGRO Capital, highlighted that this fundraising is crucial for sustaining the company’s expansion trajectory.
By offering shareholders the same price as institutional investors, UGRO is ensuring that all stakeholders can participate in the company’s future success.

Financial Performance and Growth Trajectory

Record Growth in FY25
UGRO Capital’s financial results for fiscal year 2024–25 highlight a period of remarkable expansion. The company’s AUM surged to ₹12,003 crore, while its profit before tax more than doubled to ₹203 crore. This performance reflects both the strength of its business model and the growing demand for MSME finance in India.
Healthy Capital Adequacy
Despite rapid growth, UGRO has maintained a healthy capital adequacy ratio, ensuring that it remains well-positioned to meet regulatory requirements and continue its expansion. The rights issue will further bolster this ratio, providing additional headroom for future lending.

The Broader Impact on India’s MSME Sector

Addressing the Credit Gap
India’s MSME sector is widely recognized as the backbone of the economy, yet it continues to face a significant credit gap. UGRO Capital’s focus on leveraging technology to serve this segment is helping to bridge this gap, enabling more small businesses to access timely and affordable finance.
Supporting Economic Recovery and Job Creation
By expanding its lending capacity, UGRO Capital is contributing to broader economic recovery and job creation. MSMEs play a critical role in employment generation, and improved access to finance can unlock their potential to drive inclusive growth.

Looking Ahead: Future Plans and Ambitions

Market Share Targets
UGRO Capital aims to secure a 1% share of India’s MSME lending market within the next three years.
Achieving this target will require continued investment in technology, talent, and distribution networks—all of which will be supported by the proceeds from the rights issue.
Innovation and Partnerships
The company is also exploring new partnerships and innovative product offerings to further differentiate itself in the competitive NBFC landscape. By staying at the forefront of DataTech and customer-centric solutions, UGRO aims to solidify its position as a leader in MSME finance.

Conclusion

UGRO Capital’s ₹400 crore rights issue represents a significant milestone in the company’s growth trajectory.
By empowering existing shareholders to participate in its growth, UGRO is reinforcing its commitment to inclusive finance and sustainable expansion. The strong backing from institutional and internal investors, coupled with robust financial performance and a clear strategic vision, positions UGRO Capital for continued success in India’s dynamic MSME lending market.

 

 

 

 

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Kia India Posts 14.43% Yearly Sales Growth in May 2025

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Waaree Energies Surges Over 11% on FTSE Index Inclusion Buzz
Market News - June 2, 2025

Reliance Infrastructure Sets Sights on ₹3,000 Crore Defence Export Mark by FY27

Reliance Infrastructure Sets Sights on ₹3,000 Crore Defence Export Mark by FY27

Reliance Infrastructure, spearheaded by Anil Ambani, is making bold moves to expand its presence in the defence export sector, aiming to generate ₹3,000 crore in overseas sales over the next two years. This initiative is part of a broader strategy to strengthen India’s role as a global defence manufacturing hub and aligns with national policies promoting self-reliance.

Meeting Rising Global Demand for Artillery Ammunition

The company is focusing its export efforts on 155 mm artillery shells, which have seen a significant surge in global demand, particularly across European nations. This demand spike is largely attributed to ongoing geopolitical tensions and the consequent need for restocking military supplies. By targeting these markets, Reliance Infrastructure hopes to capitalize on the current shortage of ammunition faced by many countries.

Reliance plans to export defence equipment worth ₹1,500 crore in the fiscal year 2025-26, with a matching target for the following year, aiming to double its footprint in international defence sales.

Building a State-of-the-Art Defence Manufacturing Facility

To support this ambitious export target, Reliance Infrastructure is developing a massive defence manufacturing complex called the Dhirubhai Ambani Defence City (DADC) in Ratnagiri, Maharashtra. Spanning approximately 1,000 acres, this facility is designed to be the largest private defence production site in India.

The project involves a capital expenditure of around ₹10,000 crore and will boast the capacity to produce 200,000 artillery shells annually. In addition to ammunition, the plant will manufacture substantial quantities of explosives and propellants to meet both domestic and export needs.

Its strategic location near Mumbai port offers logistical advantages, facilitating smoother export processes to global markets.

Collaborating with Global Defence Leader Rheinmetall AG

A significant aspect of Reliance’s growth strategy is its partnership with Rheinmetall AG, a renowned German defence company. This collaboration centers on jointly manufacturing and marketing explosives and propellants for medium and large-calibre ammunition.

The alliance will enable Reliance to leverage Rheinmetall’s technological expertise and enhance production capabilities, ensuring compliance with stringent international standards essential for defence exports.

Established Foundations in Defence Manufacturing

Reliance Infrastructure is no stranger to the defence sector, with its subsidiaries such as Reliance Defence Ltd and Jai Armaments Ltd already holding licenses for manufacturing various defence products. The company has an established track record, having exported defence equipment valued over ₹1,000 crore to date.

With the new facility and strategic collaborations, Reliance aims to significantly increase its export volumes and position itself as one of India’s leading private defence manufacturers.

Supporting India’s Vision of Self-Reliance

This initiative dovetails with the Indian government’s focus on boosting indigenous defence production through the “Make in India” and “Atmanirbhar Bharat” campaigns. The government targets defence exports of ₹35,000 crore annually by 2025 and encourages private sector participation to achieve this goal.

Reliance Infrastructure’s investments and partnerships demonstrate the increasing role private players are playing in transforming India’s defence manufacturing landscape.

Navigating Challenges in a Complex Sector

While the prospects are promising, the defence manufacturing sector presents challenges such as high capital requirements, regulatory hurdles, and long development cycles. Additionally, maintaining rigorous quality standards and timely delivery schedules is critical to winning and retaining global customers.

Reliance Infrastructure will need to carefully manage these complexities to fulfill its export ambitions and build a sustainable presence in the international defence market.

Description

Reliance Infrastructure aims to boost its defence exports to ₹3,000 crore by FY27 through a large manufacturing facility and collaboration with Germany’s Rheinmetall AG.

 

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Genesys International’s FY25 Earnings: A 27.5% Profit Rise in Q4 That Impresses

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Hazoor Multi Projects Ltd has declared a final dividend despite a nearly 70% drop in Q4 profit.
Market News - June 2, 2025

Hazoor Multi Projects Declares Dividend Despite Profit Fall

Hazoor Multi Projects Declares Dividend Despite Profit Fall

In spite of a 69% drop in Q4 earnings, the small-cap infrastructure firm announces a final dividend, showcasing shareholder commitment.

Hazoor Multi Projects Ltd, a small-cap company in the infrastructure space, has announced a final dividend for shareholders even though it posted a sharp fall in its profit for the fourth quarter.

For the quarter ending December 2024, the company registered a 69.48% year-on-year drop in net profit, reporting ₹3.14 crore compared to ₹10.29 crore in the same quarter of the previous year. Revenue also saw a dip, falling 29.60% to ₹56.76 crore for the quarter.

Despite this notable decrease in both profit and revenue, the board’s decision to declare a dividend signals strong intent to uphold shareholder value and maintain trust among investors. It underlines the company’s resilience and belief in its future financial performance.

Over time, Hazoor Multi Projects has earned a reputation for delivering impressive returns. The company’s stock has skyrocketed by 32,842% over the last five years, firmly placing it in the category of multibagger stocks. Alongside this meteoric rise, the firm has upheld a steady dividend-paying practice, rewarding its shareholders regularly.

Even though the company’s recent financials reflect short-term pressure, its consistent dividend history and extraordinary stock performance highlight its long-term value proposition. For current and potential investors, Hazoor Multi Projects Ltd presents itself as a resilient entity capable of navigating market challenges while still delivering on growth and investor expectations.

Summary:

Hazoor Multi Projects Ltd has declared a final dividend despite a nearly 70% drop in Q4 profit. This move emphasizes its commitment to shareholder returns and signals confidence in long-term prospects. Its consistent dividend policy and significant stock appreciation position it as a key player in the infrastructure segment.

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PSU Stocks Dominate May 2025 Market, Suzlon, Tata Also Shine

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India Set to Become World’s Second-Largest Economy by 2038: EY Report
Market News - June 2, 2025

Foreign Investments Revive Indian Markets with Massive Boost

Foreign Investments Revive Indian Markets with Massive Boost

Record-breaking foreign inflows reflect renewed trust in India’s economic resilience and market potential.

In a notable financial development, India’s equity markets saw a sharp rise in foreign portfolio investment (FPI) during May 2025. Overseas investors injected a substantial ₹19,860 crore into Indian equities, making it the highest monthly inflow of the year. This rebound breaks the downward trend observed in the earlier months, when FPIs had largely stayed away due to uncertain market conditions. The renewed optimism is credited to robust economic data, encouraging company results, and an improving global financial climate.

Key Drivers Behind the FPI Surge

Multiple factors played a critical role in drawing back foreign investments to Indian markets:

1. High-Value Block Deals:
Several large block transactions took place in May, drawing international attention. Notable among them were British American Tobacco’s ₹1.51 billion sale in ITC, Rakesh Gangwal’s ₹1.36 billion stake reduction in IndiGo, and Singtel’s ₹1.5 billion exit from Bharti Airtel. These moves stirred investor interest and enhanced liquidity.

2. Strong Business Performance:
Domestic companies reported strong quarterly earnings, especially in sectors like infrastructure, industrial manufacturing, and capital goods.

3. Positive Economic Signals:
India’s economy displayed encouraging indicators, such as easing inflation and steady interest rates. Furthermore, recent government tax relief measures have added to the attractiveness of Indian equities for global investors.

4. Global Market Stability:
A temporary standstill in U.S. trade tariffs helped reduce worldwide economic tensions. This calming of international trade friction created a favorable environment, encouraging funds to flow back into emerging economies like India.

Stock Market Reaction and Sentiment Shift

The surge in foreign capital had a clear effect on India’s stock indices. The Nifty 50, a key benchmark, has climbed nearly 6% since April began, suggesting renewed investor enthusiasm. Analysts predict this rally could persist, potentially setting new market highs in the latter part of 2025.

Despite this positivity, caution remains. Between March and May, the Nifty 50 index rose around 12% on the back of strong results and improved global conditions. During that time, FPIs invested \$2.66 billion and cut back on their bearish positions. This indicates some market participants are preparing for possible corrections.

Future Outlook: Optimism with Caution

Although the recent capital inflows are a healthy sign, market experts are advising investors not to become overly optimistic. Indian stock valuations are relatively high, and the risk of a prolonged global economic downturn continues to loom large. These factors could lead to renewed volatility and slower capital flows in the coming months.

In summary, the ₹19,860 crore of FPI recorded in May 2025 marks a strong return of foreign investor interest in Indian markets. This turnaround was fueled by large corporate transactions, solid earnings, a favorable economic backdrop, and stabilizing global conditions. Nonetheless, sustaining this momentum will depend on maintaining strong domestic performance and managing global risks carefully.

Summary:
Foreign investors brought ₹19,860 crore into Indian stocks in May 2025, ending a streak of capital outflows. This return was driven by major equity deals, strong earnings across sectors, and stable economic indicators. While this signals growing confidence, experts remain cautious due to high stock prices and lingering global uncertainties.

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LIC Leads ₹1 Lakh Crore Market Cap Surge Among Top Indian Firms

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