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India’s year-end IPO blitz: risks, rewards and what to watchIndia’s year-end IPO blitz: risks, rewards and what to watch
IPO research, Market News, Markets - June 25, 2025

Omnitech Engineering Set to Raise ₹850 Crore Through IPO for Expansion Drive

Omnitech Engineering Set to Raise ₹850 Crore Through IPO for Expansion Drive

Engineering firm eyes capital boost through IPO to fuel capacity expansion, reduce debt load, and meet surging global demand for precision solutions.

Firm moves ahead with ₹850 crore IPO roadmap.

Gujarat-based Omnitech Engineering has taken a significant step toward going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise approximately ₹850 crore through an initial public offering (IPO), as confirmed in its official statement dated June 24, 2025.

This strategic move is aimed at strengthening its financial foundation and scaling up operations to meet growing domestic and international demand. The offering will include both fresh equity shares and a stake sale by one of the promoters.

About Omnitech Engineering: A Precision-Driven Manufacturer

Omnitech Engineering operates as a technology-driven manufacturer, specializing in tailor-made mechanical systems, precision-engineered parts, and end-to-end industrial automation solutions. The firm caters to diverse sectors, including oil & gas, aerospace, automotive, and heavy industrial machinery.

With a strong global footprint, the company currently serves around 220 clients across 22 countries. Among its prominent customers are globally recognized names such as Halliburton Energy Services, Suzlon, Weatherford, Oilgear, Donaldson Company, PUSH Industries, Oshkosh Aerotech, and Bharat Aerospace Metals.

IPO Breakdown: Fresh Issue and Offer-for-Sale

According to the draft filing, the IPO will consist of two parts:

• New Equity Offering: Shares valued at ₹520 crore to be issued
• Offer-for-Sale (OFS): Existing shares valued at ₹330 crore, offloaded by promoter Udaykumar Arunkumar Parekh

Additionally, the company may explore a pre-IPO placement option of ₹104 crore. If this portion is successfully raised ahead of the IPO, the size of the fresh issue will be reduced accordingly.

Fund Utilization Strategy

Omnitech Engineering has laid out a clear plan for the proceeds from the IPO. The newly raised funds are intended to support the following purposes:

• Debt Reduction: A portion of the funds will go toward repaying existing borrowings to strengthen the balance sheet.
• New Manufacturing Units: Investments will be directed toward setting up two new state-of-the-art manufacturing facilities aimed at increasing capacity and product diversification.
• Capital Expenditure and Corporate Needs: Remaining funds will support general corporate purposes and other capital expenditures to drive operational efficiency.

Robust Financial Growth Backing the IPO

The company’s decision to go public is backed by its impressive financial performance in the recent fiscal year. As per data filed with SEBI:

• Net Profit: Soared 132% year-on-year to ₹43 crore in FY 2024–25, up from ₹19 crore in the previous year.
• Revenue: Witnessed a sharp 92% jump, reaching ₹349.71 crore compared to ₹181.95 crore in FY 2023–24.

This rapid growth signals a strong demand for its engineering solutions and validates its expansion ambitions.

Key Stakeholders and IPO Managers

The public issue is being managed by two prominent investment banks — Equirus Capital and ICICI Securities, who are serving as the book-running lead managers. Tasked with overseeing the offer’s registration, MUFG Intime India Pvt. Ltd.—earlier recognized as Link Intime India Pvt. Ltd.—has been officially designated for the role.
This team will be instrumental in facilitating a smooth public offering process and ensuring compliance with SEBI regulations.

Market Position and Strategic Outlook

With a rapidly expanding customer base and global clientele, Omnitech Engineering has positioned itself as a critical player in the precision manufacturing ecosystem. Its products and automation systems serve high-demand sectors that rely heavily on quality, precision, and reliability.

The planned IPO aligns with its broader strategy of leveraging capital markets to fuel innovation, scale operations, and strengthen international presence. The two new upcoming manufacturing units are expected to significantly boost production capacity and allow for a broader product range tailored to evolving industry needs.

Final Thoughts

Omnitech Engineering’s ₹850 crore IPO marks a pivotal chapter in its journey from a regional manufacturer to a global engineering solutions provider. With strong financials, an expanding global customer base, and clear capital deployment plans, the company is set to bolster its market footprint.

By focusing on debt reduction, production expansion, and strategic investments, Omnitech is charting a path toward long-term sustainable growth. As India’s industrial automation and manufacturing sectors gather momentum, the timing of this IPO positions the firm advantageously in a growing market landscape.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Central Banks Accelerate Shift to Gold, Euro, and Yuan as Dollar Dominance Fades

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RBI's Revised Co-Lending Norms Set to Transform NBFC Growth
Economy, Market News - June 25, 2025

Central Banks Accelerate Shift to Gold, Euro, and Yuan as Dollar Dominance Fades

Central Banks Accelerate Shift to Gold, Euro, and Yuan as Dollar Dominance Fades

A historic pivot in global reserve management is underway as central banks worldwide ramp up gold buying and diversify into the euro and Chinese yuan, signaling waning confidence in the U.S. dollar.

Summary
Central banks across the globe are dramatically increasing their gold reserves and exploring greater allocations to the euro and yuan. This strategic shift, driven by geopolitical instability and concerns about the long-term dominance of the U.S. dollar, is reshaping the architecture of international reserves and could have far-reaching implications for global finance.

Introduction
The USD has long maintained its status as the leading reserve currency worldwide. But a major transformation is now in motion. Recent surveys and data reveal that central banks are not only accelerating their gold purchases but are also looking to diversify their reserves with more exposure to the euro and China’s renminbi (yuan). This trend reflects a growing desire to mitigate risks associated with dollar concentration amid rising geopolitical tensions, inflation fears, and shifting global trade dynamics.

Record Gold Buying: The New Reserve Strategy
Unprecedented Pace of Accumulation
Central banks have added more than 1,000 tonnes of gold annually for three consecutive years, more than double the average annual purchase of 400–500 tonnes seen in the previous decade. According to the World Gold Council’s 2025 Central Bank Gold Reserves Survey, this aggressive accumulation is a direct response to mounting global uncertainty and the need for assets that perform well during crises.
Survey Highlights
• An all-time high of 95% of central banks surveyed anticipate an increase in global gold reserves over the coming year, compared to 81% in the previous year.
• 43% of respondents plan to increase their own gold reserves in the coming 12 months, the highest reading ever recorded.
• Not a single central bank surveyed anticipates reducing its gold holdings in the near term.

Why Gold?
Gold’s appeal lies in its historical role as a crisis hedge, its effectiveness in portfolio diversification, and its ability to counteract inflation. The asset’s performance during recent global crises has only reinforced its strategic value for monetary authorities.

The Dollar’s Waning Grip
Declining Dollar Allocations
Nearly three-quarters of central banks now expect their dollar holdings to decrease over the next five years, a significant jump from 62% last year. This marks a clear trend toward de-dollarisation as policymakers seek to reduce exposure to U.S. fiscal and political risks.
Geopolitical and Economic Drivers
• The aftermath of Russia’s invasion of Ukraine and subsequent Western sanctions have heightened awareness of the vulnerabilities associated with holding dollar-denominated assets.
• Trade protectionism, rising U.S. debt, and concerns over future policy unpredictability are also prompting reserve managers to look for alternatives.

Diversification: Euro and Yuan Gain Favor
Euro’s Steady Appeal
The euro remains the second-most preferred reserve currency. Central banks see it as a stable, liquid alternative, especially as the European Union continues to strengthen its financial infrastructure.
Yuan’s Rising Profile
The Chinese yuan is steadily gaining ground in global reserves. While still a small share compared to the dollar and euro, its inclusion in the IMF’s Special Drawing Rights basket and China’s growing influence in global trade are making it increasingly attractive for central banks looking to diversify.

Risk Management and Strategic Allocation
Active Reserve Management on the Rise
The share of central banks actively adjusting their gold holdings rose from 37% in 2024 to 44% in 2025. While boosting returns remains a key objective, risk management—particularly in the face of geopolitical shocks—has become a primary motivator.
Domestic Gold Storage Trends
Another notable shift is the increasing preference for storing gold domestically. The share of central banks choosing domestic storage rose from 41% in 2024 to 59% in 2025, reflecting a desire for greater control and security.

Implications for Global Markets
Gold Price Outlook
With central banks expected to continue their buying spree, the outlook for gold prices remains robust. The metal’s recent surge to record highs underscores its enduring appeal amid uncertainty.
Currency Market Dynamics
As allocations to the euro and yuan rise, their roles in international trade and finance are likely to strengthen, potentially reducing the dollar’s influence over time.
A New Era of Reserve Management
The ongoing diversification marks a fundamental shift in how central banks approach reserve management, with implications for global liquidity, exchange rate stability, and the future of international monetary relations.

Conclusion
Central banks are signaling a decisive move away from overreliance on the U.S. dollar, embracing gold and, increasingly, the euro and yuan as pillars of their reserve strategies. This transformation, driven by a complex web of geopolitical, economic, and financial factors, is setting the stage for a more multipolar global reserve system. As this trend accelerates, the world’s monetary landscape will continue to evolve, with gold at the center of this new era of diversification.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Gold Prices Plunge as Israel-Iran Ceasefire Triggers Market Volatility

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Gold Prices Plunge as Israel-Iran Ceasefire Triggers Market Volatility
Economy, Market News, Markets - June 25, 2025

Gold Prices Plunge as Israel-Iran Ceasefire Triggers Market Volatility

Gold Prices Plunge as Israel-Iran Ceasefire Triggers Market Volatility

After weeks of geopolitical tension, gold rates on MCX and global exchanges witness a dramatic fall as the Israel-Iran ceasefire shifts investor sentiment.

Summary
Gold prices on the Multi Commodity Exchange (MCX) in India and global markets have dropped sharply—over ₹2,600 per 10 grams in India—following the announcement of a ceasefire between Israel and Iran. The sudden easing of geopolitical tensions has reduced safe-haven demand, leading to profit booking and a risk-on shift in global financial markets.

Introduction
For months, gold has been on a rollercoaster, driven by global uncertainties, especially in the Middle East. The recent ceasefire agreement between Israel and Iran, brokered by the United States, has dramatically altered the landscape. As investors recalibrate their strategies, gold—long considered a safe haven during crises—has seen its prices tumble, both in India and worldwide.

Ceasefire Announcement: A Turning Point for Gold
On June 24, 2025, U.S. President Donald Trump announced that Israel and Iran had agreed to a ceasefire, effectively ending nearly two weeks of escalating conflict that had rattled global markets. The news was swiftly confirmed by both Israeli and Iranian officials, although some skepticism remains about the long-term stability of the truce.
The immediate market reaction was profound:
• MCX gold futures plunged by nearly 3%, hitting an intraday low of ₹96,422 per 10 grams.
• International spot gold fell over 2% to around $3,320–$3,330 an ounce, reaching its lowest level since early June.
This sharp correction came after gold had surged to record highs in April, fueled by fears of a broader regional conflict and safe-haven buying.

Why Did Gold Prices Fall So Sharply?
1. Reduced Safe-Haven Demand
Gold thrives during uncertainty. With the ceasefire easing immediate fears of war, investors shifted capital from gold into riskier assets like equities, which rallied worldwide. Oil prices also dropped, further signaling a return to risk-on sentiment.
2. Profit Booking After a Rally
Leading up to the ceasefire, gold had benefited from safe-haven flows. The sudden resolution prompted many investors to lock in profits, accelerating the decline in prices.
3. Dollar and Rate Cut Speculation
A weaker U.S. dollar typically supports gold, but this time, the focus shifted to upcoming U.S. Federal Reserve moves. While Fed officials hinted at possible rate cuts due to softening job markets and consumer confidence, the immediate impact of the ceasefire overshadowed these factors, at least temporarily.

Market Reactions: MCX and Global Trends
India: MCX Gold Futures
• Prices dropped by over ₹2,600 per 10 grams, with August futures hitting lows not seen in weeks.
• Silver also declined, though to a lesser extent, reflecting the broader pullback in precious metals.
• The previous session had seen gains on the back of U.S. strikes in Iran, but the ceasefire reversed those moves almost instantly.
Global Markets
• Spot gold saw a decline of up to 2%, eventually leveling off near $3,325 per ounce after the initial drop.
• U.S. gold futures mirrored this trend, closing down 1.3% on Tuesday and trading little changed in early Asian hours.
• Global equities surged, and oil prices fell, as the risk premium associated with Middle East tensions evaporated.

Expert Views: What’s Next for Gold?
Commodity analysts suggest that while the immediate risk premium has faded, the underlying support for gold remains intact due to ongoing economic uncertainties and the potential for renewed geopolitical flare-ups. Central banks continue to increase their gold reserves, and expectations for U.S. rate cuts later in the year could provide a floor for prices.
Kaynat Chainwala of Kotak Securities notes that gold’s rally in 2024 was largely risk-driven, and with the ceasefire, downward pressure may persist in the near term. However, any signs of renewed conflict or economic instability could quickly restore gold’s appeal.

Should Investors Buy the Dip?
The latest pullback has raised speculation about a potential buying window.
Short-term: Gold could stay subdued as investors absorb the impact of the ceasefire and turn their attention to upcoming economic indicators and central bank decisions.
• Long-term: If inflation, economic uncertainty, or geopolitical tensions resurface, gold’s intrinsic value as a hedge could drive another rally.
Investors with a long-term horizon may consider gradual accumulation, while those seeking quick gains should be mindful of continued volatility.

Conclusion
The Israel-Iran ceasefire has dramatically altered the gold market’s trajectory, triggering a sharp correction as safe-haven demand evaporates. While the immediate outlook suggests further consolidation, gold’s enduring role as a store of value and hedge against uncertainty remains unchallenged. As always, prudent investors should balance short-term market moves with long-term fundamentals.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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The Stocks Of Indian Infotech Stock Soar After Receiving Board’s Nod For 47 Cr Rights Issue

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The Stocks Of Indian Infotech Stock Soar After Receiving Board’s Nod For 47 Cr Rights Issue

The Stocks Of Indian Infotech Stock Soar After Receiving Board’s Nod For 47 Cr Rights Issue

A closer look at the recent surge in Indian Infotech and Software Ltd’s stock following a major capital-raising move, and what it means for investors.

Introduction
Penny stocks often fly under the radar, but when a company in this segment announces a major capital-raising initiative, the market takes notice. Indian Infotech and Software Ltd (BSE: 509051), a micro-cap IT services provider, has recently made headlines with its Board’s decision to launch a rights issue totaling Rs 47 crore. This move, coupled with recent changes in the company’s boardroom, has set the stage for a new chapter in its corporate journey.

The Rights Issue: Details and Implications
Indian Infotech’s Rs 47 Crore Rights Issue
On June 23, 2025, the Board of Indian Infotech and Software Ltd approved a rights offering of fully paid equity shares, with the aggregate issue size limited to Rs 47 Cr. The record date for eligibility will be announced soon, and the issue will be conducted in accordance with SEBI’s capital and disclosure regulations.
Why Now?
The company’s decision comes at a time when it seeks to bolster its working capital and fund general corporate purposes. Raising fresh equity through a rights issue is a strategic move, especially for a company with a modest market capitalization and a volatile stock price history.

Recent Corporate Developments
Boardroom Changes
Coinciding with the rights issue announcement, Indian Infotech and Software Ltd accepted the resignation of Independent Director Ms. Aksha Bihani, effective June 16, 2025. Such changes often signal a period of transition and renewed strategic focus for the company2.
Board Meeting Timeline
The decision to pursue a rights issue was preceded by a series of Board meetings in June 2025, where directors deliberated on the company’s capital requirements and fundraising options. The move from discussing general fundraising to specifically approving a rights issue underscores the urgency and importance of this capital infusion.

Stock Performance: Multibagger Moves and Volatility
Price Action
Though considered a penny stock, Indian Infotech and Software Ltd has undergone several periods of significant price fluctuations. As of June 11, 2025, the stock was trading at Rs 1.03, with a 52-week range between Rs 0.73 and Rs 1.78. The announcement of the rights issue has led to a surge in trading volumes, reflecting heightened investor interest.
Returns Snapshot
• 1-Month Return: +1.98%
• 3-Month Return: -13.45%
• 1-Year Return: -26.43%
• 5-Year Return: +442.11%
While recent returns have been negative, the long-term chart reveals multibagger potential for those who entered at historical lows.

Market Sentiment and Investor Outlook
Why Are Investors Interested?
Rights issues in penny stocks often attract speculative interest, given the potential for sharp moves if the company successfully deploys the new capital. For Indian Infotech and Software Ltd, the rights issue is seen as a vote of confidence by management in the company’s future prospects.
Risks and Rewards
Investors should note that while the rights issue offers an opportunity to buy additional shares, the underlying business fundamentals and execution of growth plans remain critical. Penny stocks carry a high level of risk due to their extreme price fluctuations and low trading volumes, making thorough research and caution crucial before investing.

What’s Next for Indian Infotech and Software Ltd?
Key Dates to Watch
• Announcement of the record date for rights issue eligibility.
• Disclosure of issue price and ratio.
• Updates on the utilization of funds post-issue.
Strategic Focus
The capital raised will likely be directed toward strengthening the company’s balance sheet and supporting business expansion. The success of the rights issue and subsequent deployment of funds will be crucial in determining the company’s trajectory in the coming quarters.

Conclusion
This move has revitalized investor sentiment, drawing increased interest from both retail and institutional participants. While the company’s multibagger history and recent developments are promising, prudent investors should keep an eye on the execution of its capital plans and evolving corporate governance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Nestlé India Removed from Sensex: Signaling India’s Changing Economic Landscape

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Nestlé India Removed from Sensex: Signaling India’s Changing Economic Landscape
Economy, Equities, Market News - June 24, 2025

Nestlé India Removed from Sensex: Signaling India’s Changing Economic Landscape

Nestlé India Removed from Sensex: Signaling India’s Changing Economic Landscape

Nestlé India’s recent removal from the prestigious BSE Sensex has sparked significant attention in the stock market and among investors. This change highlights a deeper economic shift within India’s fast-evolving consumption patterns and investment preferences. The decision to replace Nestlé India with retail giant Trent and defence player Bharat Electronics Limited (BEL) illustrates how the structure of the Indian economy is transforming, with new sectors rising to prominence.

Why Nestlé India Was Dropped

Nestlé India’s exit is part of the Bombay Stock Exchange’s regular review of its flagship 30-stock Sensex index. These updates are based on the free-float market capitalization and sector representation, ensuring that the index accurately reflects the broader Indian economy.The addition of Trent and BEL in this review highlights a noticeable change in investor priorities and the growing influence of emerging sectors.

FMCG companies like Nestlé, which once held a significant place in the Sensex, are now losing their weight in the index. Hindustan Unilever and ITC are currently the only two major FMCG players remaining in the Sensex. In earlier years, FMCG companies made up nearly 12% of the Sensex, but that share has now dropped to around 6%. This decline shows that the Indian market is gradually shifting away from defensive, low-growth sectors toward companies that align with the country’s growing middle class, rising consumer demand, and increasing expenditure on services and discretionary products.

India’s Consumption Patterns Are Changing

Nestlé India’s exit from the Sensex goes beyond a routine index update—it highlights the shifting consumption patterns in India. Traditionally, India’s consumer spending focused heavily on essential items such as food, packaged goods, and daily household staples, which supported FMCG giants like Nestlé. However, with rising incomes, urbanization, and lifestyle changes, Indian consumers are now spending more on services like healthcare, education, travel, entertainment, and premium retail products.

This transition is pushing the economy into a new phase where consumer choices are moving beyond necessities toward experiences, branded goods, and value-added services. As a result, the companies that stand to benefit most from this new wave of consumer behaviour are those in sectors like retail, defence, financial services, and technology.

Significance of Trent and Bharat Electronics’ Inclusion

Trent, part of the Tata Group, is well-positioned to benefit from India’s rising demand for branded and organized retail experiences. With expanding consumer demand for fashion, lifestyle, and modern retail outlets, Trent’s entry into the Sensex marks a shift in market leadership toward sectors aligned with the future of Indian consumption.

Similarly, Bharat Electronics Limited (BEL), a key player in India’s defence manufacturing, is gaining prominence. The government’s increasing focus on self-reliance in defence production, along with rising allocations to the defence sector, has helped BEL secure a position in the Sensex. Investors are increasingly seeing long-term growth opportunities in defence companies as India focuses on boosting its military capabilities and minimizing reliance on foreign imports.

Both Trent and BEL symbolize the sectors expected to drive future growth in India’s economy—retail, consumption, and defence.

India’s Economic Structure is Shifting

The structure of the Sensex has consistently evolved to mirror India’s shifting economic growth narrative. Years ago, FMCG companies had a solid presence because consumer spending was heavily concentrated on basic goods. Today, services contribute nearly 60% of India’s GDP, and this economic tilt is now visible in the stock index composition.

The Sensex, much like the Dow Jones in the United States, is designed to showcase the most influential and representative companies in the economy. Its realignment is not simply about stock performance; it is a clear indicator of how the Indian economy is growing, evolving, and diversifying.

What This Means for Investors

For market participants, the reshuffling of the Sensex is more than just a list change—it is a signal to re-evaluate sector allocations and portfolio strategies. Investors are now being encouraged to focus on emerging growth sectors like retail, defence, technology, and financial services, which are better aligned with India’s future economic expansion.

Nestlé India’s exclusion does not suggest that the company is underperforming; rather, it indicates that its growth trajectory does not currently match the faster pace seen in sectors like retail and defence. FMCG companies are still seen as stable, but they are no longer the primary growth engines for the Indian stock market.

Conclusion

The removal of Nestlé India from the BSE Sensex reflects a broader transformation in India’s consumption and investment landscape. As the economy shifts toward services, branded retail, and indigenous defence capabilities, the stock market is evolving to showcase companies that are best positioned to thrive in this new environment. Adapting to these changes will be crucial for investors aiming to capture long-term growth opportunities in India’s dynamic economy.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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IdeaForge Shares Surge 10% After Securing Major Defence Order from MoD

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Equities, Market News - June 24, 2025

IdeaForge Shares Surge 10% After Securing Major Defence Order from MoD

IdeaForge Shares Surge 10% After Securing Major Defence Order from MoD

IdeaForge Technology Ltd., one of India’s leading drone manufacturers, witnessed a sharp rally in its stock price on June 24, 2025, after securing a significant order from the Ministry of Defence (MoD). The company’s shares locked in a 10% upper circuit following the announcement of a new supply contract for mini Unmanned Aerial Vehicles (UAVs) valued at ₹137 crore.

Strong Stock Market Response

Following the defence order news, IdeaForge’s stock price surged, touching the upper circuit limit of 10% on the Bombay Stock Exchange (BSE). The company’s shares jumped from ₹574 to ₹631.65 during intraday trading and attracted significant investor interest, with many buyers entering the stock and no sellers visible at closing. The rally pushed IdeaForge’s stock above key moving averages, signaling renewed positive momentum among traders.

The company’s stock also crossed critical resistance levels, including the 5-day, 20-day, 50-day, and 200-day simple moving averages, which further confirmed bullish sentiment in the market. Technical signals like the Relative Strength Index (RSI) indicated rising investor interest, as the RSI approached levels typically associated with an overbought condition.

Details of the Defence Contract

In an official exchange filing, IdeaForge confirmed that the Ministry of Defence had placed a repeat order worth ₹137 crore for the supply of mini UAVs and related accessories. The company is expected to complete the delivery within the next 12 months. This repeat order demonstrates the MoD’s continued confidence in IdeaForge’s manufacturing and operational capabilities.

IdeaForge specializes in the design and development of unmanned aerial systems, with products used for border surveillance, mapping, and defense applications. The latest contract strengthens the company’s position as a trusted supplier for India’s defense sector, especially as the country focuses on building indigenous capabilities under the ‘Atmanirbhar Bharat’ initiative.

Financial Performance: Current Challenges

Despite the positive development, IdeaForge has faced financial headwinds in recent quarters. For the fourth quarter of FY25, the company reported a substantial decline in revenue, which fell by nearly 80% year-on-year to ₹20 crore. In addition, the company posted a net loss of ₹26 crore for the quarter, marking a significant reversal from the ₹10 crore net profit reported in the same quarter of the previous year.

The company’s order book also contracted, dropping from ₹54 crore last year to ₹13.6 crore by March 2025. These financial challenges had raised concerns among investors regarding the company’s growth outlook and order consistency. However, the new MoD contract is expected to help IdeaForge revive its order flow and stabilize its financial performance in the coming quarters.

Strengthening India’s Defence Manufacturing Push

The Ministry of Defence’s decision to award the contract to IdeaForge aligns with India’s broader goal of promoting domestic defense manufacturing and reducing reliance on foreign suppliers. As India seeks to enhance its surveillance capabilities and strengthen national security, UAV technology has become an essential focus area.

IdeaForge’s mini UAVs are expected to play a critical role in field surveillance, reconnaissance, and intelligence-gathering operations for the Indian armed forces. With geopolitical tensions in the region and India’s increasing focus on defense modernization, such contracts are becoming more frequent and essential.

Long-Term Prospects for the UAV Sector

The Indian drone industry is poised for rapid expansion, with defense, agriculture, logistics, and infrastructure sectors increasingly adopting UAV technology. With strong in-house research and development expertise, IdeaForge is strategically placed to tap into this expanding market.

The recent MoD order is likely to boost the company’s revenue pipeline and improve its chances of winning additional contracts from both defense and commercial sectors. However, successful and timely execution of the current order will be crucial in securing future deals and strengthening its market position.

Stock Performance and Market Outlook

IdeaForge’s stock has delivered a solid performance year-to-date, gaining approximately 64%. Despite the recent rally, the stock remains around 18% below its 52-week high of ₹864. Market analysts have mixed views on the stock’s valuation, with some cautioning about the rapid price surge and the possibility of profit booking, while others remain optimistic about the company’s long-term growth in the UAV space.

The company’s ability to maintain financial stability, deliver on its defense commitments, and expand its client base will be key factors that determine its future stock performance.

Conclusion

The ₹137 crore defense order from the Ministry of Defence marks an important milestone for IdeaForge and reinforces the company’s leadership in India’s growing UAV sector. The significant surge in the stock price signals revived investor trust and positive expectations regarding the company’s future growth path. With India’s increasing push for self-reliance in defense manufacturing and rising demand for unmanned aerial solutions, IdeaForge is well-placed to play a pivotal role in the country’s defense and security landscape.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Adani Deploys India’s First Standalone 5 MW Green Hydrogen Plant in Gujarat

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Adani Deploys India’s First Standalone 5 MW Green Hydrogen Plant in Gujarat

Adani Deploys India’s First Standalone 5 MW Green Hydrogen Plant in Gujarat

Adani Group has achieved a major breakthrough by setting up India’s first standalone 5 MW green hydrogen facility in Kutch, Gujarat. This innovative facility, developed by Adani New Industries Limited (ANIL), signals a major breakthrough in India’s renewable energy efforts and highlights Adani’s commitment to clean fuel alternatives.

Pioneering India’s Green Hydrogen Future

The newly commissioned green hydrogen plant operates completely off-grid, drawing its power solely from solar energy. Supported by an integrated Battery Energy Storage System (BESS), the facility ensures smooth and continuous operations despite the fluctuating nature of solar power. This pioneering setup demonstrates how green hydrogen can be produced efficiently without relying on the traditional electricity grid, making it possible to deploy such plants in remote or less connected regions.

The plant is equipped with an advanced closed-loop electrolyzer system, which automatically regulates its functions based on real-time solar energy availability .In this method, water is split into hydrogen and oxygen using renewable energy, guaranteeing the production of completely green hydrogen without any carbon emissions. This method not only meets the growing demand for cleaner fuels but also serves as a model for future decentralized green hydrogen projects across India.

A Step Towards National Energy Goals

Adani’s green hydrogen plant strongly supports the Indian government’s National Green Hydrogen Mission, which is focused on positioning India as a key global hub for green hydrogen production and export. This mission is essential for India’s long-term energy security and for achieving net-zero carbon emissions by the year 2070.

Green hydrogen is crucial for cutting emissions in hard-to-decarbonize sectors such as steel, cement, refining, fertilizers, and heavy transportation. Adani’s project provides practical evidence that decentralized hydrogen generation is possible, especially in areas with limited access to reliable electricity. The plant sets a new direction for future green hydrogen initiatives that can be established even in challenging terrains.

Adani’s Long-Term Expansion Plans

The 5 MW plant in Kutch is part of Adani’s larger vision to build an extensive green hydrogen ecosystem in India. Adani New Industries Limited has already started working on a massive green hydrogen hub in Mundra, Gujarat. The plant is expected to manufacture green hydrogen along with green ammonia, methanol, and sustainable aviation fuel (SAF), aiming to cater to both local industries and global demand.

Adani aims to achieve an annual green hydrogen production capacity of one million metric tonnes by the year 2030 as part of its long-term vision. This ambitious target will not only reduce India’s dependence on imported fossil fuels but also position India as a significant player in the global green hydrogen economy.

Advanced Technology and Environmental Benefits

The integration of solar power with a BESS at Adani’s Kutch plant ensures continuous green hydrogen production, even when sunlight levels change throughout the day. The plant’s fully automated system can dynamically adjust electrolyzer operations according to solar power availability, maximizing efficiency and maintaining operational safety.

By using renewable energy as its sole power source, this plant significantly reduces greenhouse gas emissions. Currently, much of the hydrogen used in industries is produced from fossil fuels, known as grey hydrogen, which contributes heavily to carbon emissions. The green hydrogen produced by Adani’s plant offers a sustainable alternative that can support India’s transition to cleaner industrial processes.

Strengthening India’s Clean Energy Leadership

This new achievement further reinforces Adani’s strong position in driving India’s renewable energy progress. The company has already made substantial progress in solar and wind energy, and its expansion into green hydrogen is a natural step in its clean energy strategy.

The off-grid model demonstrated by the Kutch plant is particularly important for India, where certain regions still lack stable grid infrastructure. This approach offers a flexible and scalable solution that can be replicated across various parts of the country, enabling green hydrogen production even in remote or challenging environments.

Conclusion

Adani’s commissioning of India’s first standalone 5 MW green hydrogen plant in Gujarat is a significant achievement that supports both national and global clean energy goals. The project not only showcases cutting-edge technology but also provides a practical pathway for decentralized green hydrogen generation. By leading this transformation, Adani is setting the foundation for a greener, more energy-secure future for India.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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ACME Solar Arranges ₹1,072 Crore Funding for Rajasthan Solar Project

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Jio’s Giant Leap: Reliance Confirms IPO in Early 2026
Equities, Market News - June 24, 2025

Reliance Infrastructure Shares Gain After Subsidiary Clears ₹273 Crore Dues to Yes Bank

Reliance Infrastructure Shares Gain After Subsidiary Clears ₹273 Crore Dues to Yes Bank

Reliance Infrastructure Limited (RInfra) saw its share price rise following the complete repayment of dues by its subsidiary, JR Toll Road Private Limited (JRTR), to Yes Bank. The total settlement, which included ₹273 crore covering principal and interest, is part of RInfra’s continued financial restructuring.

Settlement Overview

JR Toll Road, fully owned by Reliance Infrastructure, completed the full repayment of its outstanding debt to Yes Bank under a revised agreement. This payment resolved all financial obligations related to the loan.
With this repayment, Reliance Infrastructure has been officially released from the corporate guarantee it had extended on behalf of JR Toll Road. The release reduces RInfra’s financial exposure and strengthens its financial structure.

Corporate Clarification Regarding Yes Bank

RInfra clarified that Yes Bank holds no ownership stake in the company, is not linked to its promoter group, and has no financial association as a related party. This statement was made to prevent any misinterpretation about the relationship between the two entities.

Investor Reaction

After the announcement of the settlement, Reliance Infrastructure’s stock gained approximately 3.1% on the Bombay Stock Exchange (BSE), trading near ₹384 on June 23, 2025. This positive stock movement reflects investor approval of the company’s effort to resolve its debt commitments.
The market’s favorable response indicates that investors view the settlement as a constructive step that will enable RInfra to shift focus toward its key operational areas and upcoming projects.

Improved Financial Position

This debt settlement aligns with Reliance Infrastructure’s broader aim to cut debt levels and strengthen financial stability. The company has consistently worked to simplify its balance sheet and ensure sustainable financial growth.
With this liability now cleared and the guarantee lifted, RInfra can now explore new opportunities with more financial flexibility and reduced risk exposure.

Focus on Core Business Growth

Reliance Infrastructure plans to continue strengthening its primary business segments, including engineering, procurement, and construction (EPC), power distribution, metro projects, airport management, and toll road operations. The reduced debt burden places the company in a stronger position to pursue large infrastructure contracts.
The settlement also allows RInfra to more actively bid for government projects and public-private partnership (PPP) initiatives with a more secure financial base.

Industry Outlook and Company Prospects

In India’s competitive infrastructure sector, maintaining low debt levels provides companies with a strategic advantage. Financially sound organizations are better equipped to secure major contracts and manage complex projects effectively.
Reliance Infrastructure’s successful debt clearance highlights its commitment to financial responsibility. Industry analysts and investors view this action as evidence of strong financial governance and a proactive management approach.
Looking forward, RInfra is expected to remain focused on cost management, asset monetization, and timely project delivery. These strategic efforts are likely to appeal to long-term investors interested in India’s expanding infrastructure market.

Conclusion
The settlement of JR Toll Road’s ₹273 crore dues to Yes Bank marks an important achievement for Reliance Infrastructure as it continues to improve its financial health. By resolving this liability and removing the related corporate guarantee, the company has lowered its financial risks.
The positive reaction from the stock market underlines investor confidence in RInfra’s capability to manage its financial obligations and grow its core businesses. This development is expected to support the company’s future growth and involvement in upcoming infrastructure opportunities across India.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Aditya Birla Lifestyle Sets Ambitious Goal to Double Revenues by FY30

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Aditya Birla Lifestyle Sets Ambitious Goal to Double Revenues by FY30
business update, Life Style, Market News - June 24, 2025

Aditya Birla Lifestyle Sets Ambitious Goal to Double Revenues by FY30

Aditya Birla Lifestyle Sets Ambitious Goal to Double Revenues by FY30

With ₹300 crore annual investments, the newly-listed brand portfolio eyes billion-dollar status, focusing on retail expansion and profitability growth.

Strong Growth Roadmap for Aditya Birla Lifestyle

Aditya Birla Lifestyle Brands Ltd (ABLBL), freshly carved out from Aditya Birla Fashion and Retail, has laid out an aggressive growth strategy aimed at doubling its revenue over the next five years. To achieve this, the company plans to invest ₹300 crore annually, primarily to strengthen its retail network and internal capabilities.

The move comes as the group positions itself to leverage India’s rising consumption trends, which are expected to drive substantial growth across various sectors, especially fashion and lifestyle.

Aspiring to Build Billion-Dollar Brands

ABLBL envisions establishing India’s pioneering lineup of fashion brands, each poised to achieve billion-dollar valuation milestones in the coming years. The company currently oversees a renowned collection of labels, featuring well-known names such as Peter England, Allen Solly, Van Heusen, and Louis Philippe.

According to the leadership team, two of these brands already generate annual revenues exceeding ₹2,000 crore each, while two others surpass ₹1,000 crore in annual sales. Building on this momentum, the company’s strategic focus over the next five years is to more than double its revenues and achieve a three-fold increase in cash profits.

Focused Investments to Drive Expansion

The company has earmarked ₹300 crore annually as capital expenditure to fuel its next phase of growth. A large portion of this investment will go toward expanding its brick-and-mortar presence across India, while a smaller share will be dedicated to technological advancements and strengthening operational capacities.

Despite the ambitious goals, the management emphasized that growth efforts will remain structured, disciplined, and supported by robust internal cash flows.

Profitability and Future Plans

Showcasing its financial achievements for FY25, Aditya Birla Lifestyle posted ₹7,830 crore in total revenue, securing a 15% operating margin and ₹60 crore in net earnings. Over the next three to five years, the company is projecting a threefold increase in profitability.

Currently, the company is not actively exploring acquisitions, though brands like Reebok and Van Heusen’s innerwear segment are being considered as potential future growth drivers.

Listing Debut and Market Performance

Aditya Birla Lifestyle Brands entered the stock market post-demerger, commencing trading with an opening price of ₹167.75 per share. The stock saw a brief upward movement during intraday trading, reaching ₹176.10 on the BSE, before settling at ₹159.40 by the end of the session. The company’s market capitalization stood at ₹19,451.50 crore post-listing.

The demerger and listing mark a pivotal shift in the company’s growth story, as it now operates independently with a sharper focus on scaling its brand presence and profitability.

Final Thoughts

Aditya Birla Lifestyle’s growth roadmap showcases its commitment to leveraging India’s changing consumption patterns and the growing appetite for premium fashion brands. By committing ₹300 crore annually toward expansion and innovation, and by focusing on its well-established portfolio of popular fashion brands, ABLBL is poised to create India’s first billion-dollar fashion brand collective. With disciplined growth plans, robust profitability targets, and promising market prospects, the company has set an ambitious path forward in the fashion and lifestyle sector.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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PFC Ltd Share Price Forecast from 2025 to 2030: Long-Term Investment Insights

BluPine Energy Secures ₹2,416 Cr to Build Hybrid Clean Power Project in Karnataka

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Equities, Market News - June 24, 2025

PFC Ltd Share Price Forecast from 2025 to 2030: Long-Term Investment Insights

PFC Ltd Share Price Forecast from 2025 to 2030: Long-Term Investment Insights

Explore PFC Ltd’s projected share price journey through 2025–2030, backed by fundamental analysis, financials, and its evolving role in India’s power sector.

Introduction to Power Finance Corporation (PFC Ltd)

Power Finance Corporation Ltd., better known as PFC, is one of India’s most prominent government-owned Non-Banking Financial Companies (NBFCs). Operating at the core of India’s power and infrastructure development, PFC plays a strategic role by funding various large-scale power projects. It also serves as the nodal agency for several flagship government programs such as the Revamped Distribution Sector Scheme (RDSS) and Integrated Power Development Scheme (IPDS).

Aligned with the national vision of “Viksit Bharat,” PFC has made significant contributions to the energy transition. The company has supported the development of crucial infrastructure and has financed nearly 25% of the country’s installed renewable energy capacity.

Financial Performance Overview (FY 2023–24)

During FY 2023–24, PFC recorded a strong bottom-line performance, posting a net income of ₹14,367 crore. The company’s loan book stood strong at ₹4,81,462 crore, with renewable energy loans contributing ₹60,208 crore. Additionally, PFC maintained a 54EC bond portfolio valued at ₹8,994 crore. These figures highlight PFC’s ability to manage large-scale financing while focusing on clean energy growth.

PFC Share Price Forecast for 2025

As we approach 2025, PFC’s stock is anticipated to experience a steady and progressive upward movement. Based on market sentiment and historical performance, the stock is expected to trade between ₹405 and ₹500 by the end of the year. Growth in loan disbursements, rising demand in the power sector, and stable returns could positively influence its valuation.

2026 Share Price Outlook

In 2026, PFC shares may see increased traction driven by ongoing infrastructure expansion and digital grid modernization. Forecasts suggest that the stock may begin the year around ₹400 and climb up to ₹650 by December. Improved profitability and government policy continuity could play a critical role in supporting this rise.

Projections for 2027

The year 2027 may bring further gains for PFC, especially if it strengthens its renewable financing verticals. The projected valuation for the year spans from ₹500 to ₹800. The company’s consistent financial results, combined with its strategic role in India’s decarbonisation efforts, may attract more long-term investors.

Forecast for 2028

Heading into 2028, PFC is poised for rapid expansion, fueled by the increasing pace of renewable energy and infrastructure developments. The share price is expected to rise from ₹700 at the year’s start to as high as ₹1,100 by year-end. Market confidence in the company’s project pipeline and disciplined fiscal management could be key drivers.

PFC Price Prediction for 2029

As infrastructure investments deepen, PFC’s share price may reflect strong upward momentum through 2029. The stock could open the year near ₹900 and potentially climb to ₹1,500 by December. Growth in sustainable lending and expanded transmission financing may continue to support its upward trajectory.

2030 Long-Term Investment View

By 2030, PFC is likely to benefit from long-standing reforms and growing capital needs in the energy sector. With consistent government support and steady financial execution, the share price might reach between ₹1,200 and ₹1,800. The company’s role in India’s green transition and its reliable dividend payout history make it appealing for patient, long-term investors.

PFC’s Financial Strength and Market Metrics

PFC demonstrates strong fundamentals that support its valuation potential. As of now, its market capitalization is around ₹1.35 lakh crore. With a price-to-earnings ratio of 5.87 and a return on equity of approximately 19.5%, the company showcases solid value and efficiency. A dividend return of 3.86% enhances its appeal among investors seeking consistent income streams.

Although the debt-to-equity ratio is high at 8.25, it is acceptable within the context of government-owned infrastructure lenders. The book value stands near ₹356.77, and the stock’s face value is ₹10, indicating room for appreciation in line with sectoral demand.

Shareholding Composition

PFC’s ownership is largely held by promoters, who control nearly 56% of the company. Institutional investors like FIIs and mutual funds hold close to 30%, while retail and others account for just under 9%. This balanced distribution reflects confidence among large investors in the company’s fundamentals and policy-driven stability.

How to Invest in PFC Shares

Investing in PFC shares is straightforward and accessible through most online trading platforms. Applications like Zerodha, Groww, Upstox, Angel One, Dhan, and PhonePe Share Market enable users to open a demat account and start trading. Investors can search for PFC using its NSE symbol and make informed decisions based on market trends and individual risk tolerance.

Final Thoughts

Power Finance Corporation Ltd. has established itself as a key financial driver in India’s evolving power landscape. With a focus on clean energy, a solid dividend track record, and an active role in government-backed infrastructure schemes, it offers a compelling case for long-term investment. The share price projections from 2025 through 2030 indicate potential for steady appreciation, especially if India continues to push its energy transition agenda.

While no investment is without risk, PFC’s strategic relevance, financial stability, and sectoral tailwinds make it a strong contender for portfolios aimed at long-term growth and income. Investors should monitor macroeconomic developments, interest rate movements, and energy sector policies to maximize returns from this NBFC giant.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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BluPine Energy Secures ₹2,416 Cr to Build Hybrid Clean Power Project in Karnataka

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