Menu

Multibagger

Prakash Industries Announces ₹1.5 Dividend; Multibagger Stock Confirms Record Date

Prakash Industries Announces ₹1.5 Dividend; Multibagger Stock Confirms Record Date

Prakash Industries Announces ₹1.5 Dividend; Multibagger Stock Confirms Record Date

Prakash Industries, a multibagger in the steel sector, has set September 17, 2025, as the record date for its ₹1.5 per share dividend. Shareholders who hold the stock as of this date will be eligible, capping a five-year run of outstanding gains and consistent payouts.

Dividend Bonanza for Prakash Industries Investors
Prakash Industries Limited, a prominent company in the Indian iron and steel sector, has once again put shareholder rewards at the center of its capital allocation strategy. On September 9, 2025, the company notified the stock exchanges that it has set the record date for its latest final dividend at ₹1.5 per share, with eligibility determined as of September 17, 2025. This move affirms Prakash Industries’ continued focus on sharing profits with investors while reinforcing market confidence in the company’s balance sheet strength.

What is a Record Date and Why Does It Matter?
The record date is a key checkpoint in the dividend payout process. Shareholders holding Prakash Industries shares as of the market close on September 17, 2025, will be eligible to receive the ₹1.5 dividend for FY 2024–25. The payment will be subject to approval at the Annual General Meeting (AGM) scheduled for September 30, 2025. This compliance aligns with SEBI’s Listing Obligations and Disclosure Requirements (LODR), reflecting the firm’s transparency and regular investor communication.

Multibagger Returns: Five-Year Outperformance
While dividend payments are closely watched by income-oriented investors, Prakash Industries’ equity story extends well beyond payouts. Over the last five years, the company’s shares have surged more than 264%, far outpacing the broader market and rewarding patient, long-term investors. This makes the iron and steel manufacturer a notable smallcap success, even with some recent price consolidation.
• Over the past five years, the return was positive 264.6%.
• Over the past one year, the return was negative 26.7%.
• Over the past six months, the return was positive 7.2%.
The five-year journey captures Prakash Industries’ ability to create wealth, despite the cyclical and competitive nature of India’s steel sector.

Dividend Track Record: A Pattern of Consistent Payouts
Dividend consistency is a hallmark for Prakash Industries. Recent years have seen the following final dividend trends:
In 2025, the dividend declared was ₹1.50.
In 2024, the dividend stood at ₹1.20.
In 2019, the dividend was ₹1.20.
In 2014, the dividend amounted to ₹1.00.
In 2013, the dividend was ₹1.00.
The uptick to ₹1.5 per share signals both improved earnings visibility and a management philosophy favoring cash returns for shareholders. For investors seeking both yield and growth, such a pattern is significant.

Regulatory Compliance and Market Disclosure
Prakash Industries’ announcement highlights strict adherence to regulatory best practices. By setting the record date in line with SEBI regulations and notifying both BSE and NSE, the company upholds operational transparency.
With its registered office in Hissar and a long track record of capital discipline, the company appeals to both seasoned investors using dividend-grower strategies and those with a focus on Indian industry fundamentals.

Recent Business Performance and Market Sentiment
While the stock has given negative returns over the past year, the long-term compounding effect is evident. The announcement comes on the back of Prakash Industries reporting solid Q1 FY26 revenue and profit figures, demonstrating the company’s operational resilience while providing comfort to both retail and institutional shareholders.
The dividend record date announcement alongside financial stability and historical outperformance has sparked renewed interest in the company, with market commentators and business media taking note of its multibagger credentials.

Conclusion: Shareholder Value and the Road Ahead
Prakash Industries’ announcement of a ₹1.5 per share dividend along with a defined record date underscores its commitment to consistent performance and sound market discipline.
For shareholders, it is a tangible reward on the back of a remarkable five-year rally. As the AGM approaches, the market will look for further signals of growth, capital returns, and prudent management from this steel sector veteran.

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

How GST Cuts Are Fueling India’s Stock Rally

GST Relief Powers Tractor Stocks: Escorts Kubota and VST Tillers Soar Up to 14%

Elitecon Soars: Eyes ₹300 Crore Fundraise & Acquisition!

Elitecon Soars: Eyes ₹300 Crore Fundraise & Acquisition!

After delivering nearly 6882% returns in just 10 months, Elitecon International’s board will weigh a ₹300-crore fundraise, share issue, and a global acquisition plan.

Summary:
Elitecon International, a penny stock turned multibagger, has soared close to 6900% over 10 months, stunning market observers. The company has now called a board meeting on July 9 to deliberate on a ₹300 crore fundraising exercise through the preferential issue of shares, alongside a proposed overseas acquisition. Investors are keenly watching the next move of this high-flying stock, which has been a wealth creator in record time.

In a remarkable display of wealth creation rarely seen in Indian equities, Elitecon International, a company once trading in the penny stock zone, has transformed into a true multibagger by delivering nearly 6882% returns over just 10 months. As the company’s share price skyrocketed from levels as low as ₹0.5 to above ₹34, investor enthusiasm has only grown stronger.
On the back of this phenomenal run-up, Elitecon International has now revealed plans to turbocharge its growth strategy even further. The board of directors of the company has scheduled a meeting for July 9, 2025, to consider a massive ₹300-crore fundraising proposal. According to the official stock exchange filing, the board will evaluate raising funds through the issuance of preferential shares. The proceeds from this round could potentially be deployed for strategic purposes, including the acquisition of an overseas entity.
This fresh fundraising plan is expected to provide a solid war chest for Elitecon to expand its footprint beyond Indian shores. The company has not disclosed the name of the targeted overseas acquisition, but market chatter suggests that Elitecon might be looking to acquire a mid-sized technology or engineering services player in Europe or Southeast Asia. Such an acquisition would mark a transformational step in Elitecon’s strategy, positioning it for sustainable revenue streams and a diversified market presence.

A Multibagger Story That Captivated Retail Investors
Elitecon’s stock has emerged as a dream run for investors who had the courage to stay invested despite its penny stock status. From a minuscule market capitalisation and extremely low trading volumes, the company has captured market attention with its consistent announcements on business restructuring, expansion plans, and a fresh management vision.
The company had earlier revamped its leadership and adopted a new business roadmap focused on high-margin engineering solutions, which resonated well with market participants. Backed by better-than-expected financial performance in recent quarters, Elitecon’s turnaround story appears to have gained credibility, fueling its dizzying stock rally.
Market observers note that such astronomical returns, while rare, often come with equally high risks. The Securities and Exchange Board of India (SEBI) and stock exchanges usually keep a close watch on such meteoric rallies to guard against possible price manipulation. As of now, there is no indication of regulatory red flags, but analysts caution investors to keep risk considerations in mind, especially with stocks having low float and limited liquidity.

What Happens Next?
The board meeting on July 9 will be a crucial trigger to watch. If Elitecon finalises the ₹300 crore fundraising through a preferential issue, it could significantly bolster the company’s equity base and financial muscle. Preferential allotments are often used by companies to attract strategic investors or promoters who are aligned with the long-term vision of the business.
Moreover, the plan to acquire an overseas company signals Elitecon’s aspirations to move beyond its penny-stock legacy into a truly global business. With many Indian companies eyeing global inorganic growth, Elitecon’s move, if executed properly, could establish it in new technology or services verticals.
However, experts stress that the successful deployment of fresh capital will be critical. Poorly planned overseas acquisitions have historically burned shareholder value if integration challenges or cultural mismatches emerge. Investors would do well to watch for clear disclosures about the targeted company, its revenue profile, profitability, and synergy prospects before cheering this next leg of Elitecon’s journey.

Investor Sentiment Remains Buoyant
Despite these uncertainties, retail investors appear firmly bullish on Elitecon International, encouraged by its phenomenal 10-month rally. Daily volumes have picked up considerably, and social media chatter remains robust, with investors sharing stories of life-changing returns.
Many see the July 9 meeting as a defining moment that could cement Elitecon’s status as a turnaround success and a possible mid-cap candidate over the coming years. If the overseas acquisition proceeds as expected, the company could potentially unlock more growth opportunities and diversify its earnings base, which is a positive from a valuation standpoint.

Caution Is Warranted
Even so, market veterans are quick to point out that penny stocks turning into multibaggers often become magnets for speculative frenzy. Valuations can overshoot fundamentals in such cases, leaving late entrants exposed to steep corrections. Given that Elitecon has rallied nearly 6900% in less than a year, any sign of fundraising dilution or acquisition misstep could trigger profit booking.
For now, though, the company’s strong momentum and its proactive growth agenda have won over a sizeable section of retail investors. All eyes are now trained on July 9, when the board’s final decision on the ₹300 crore fundraising and acquisition plans will be revealed.
If Elitecon manages to deliver on its ambitious roadmap, this penny stock-turned-multibagger could well go down in Dalal Street folklore as one of the most spectacular wealth creators of the decade.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Safex Chemicals Plans ₹450 Cr IPO to Strengthen Financial Health and Growth

MRF Shares Soar Above ₹1.5 Lakh, Reaching a 52-Week Peak!

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

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

MRF Shares Soar Above ₹1.5 Lakh, Reaching a 52-Week Peak!

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

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

Prakash Industries Announces ₹1.5 Dividend; Multibagger Stock Confirms Record Date

Zaggle Prepaid: Ashish Kacholia-Backed Stock Delivers Multibagger Returns in Under Two Years

Zaggle Prepaid: Ashish Kacholia-Backed Stock Delivers Multibagger Returns in Under Two Years

Since its debut in September 2023, Zaggle Prepaid Ocean Services has rallied more than 160%, delivering substantial gains to early investors and gaining recognition for its solid growth trajectory, strategic expansion initiatives, and strong support from institutional investors.

Introduction
India’s capital markets have witnessed several breakout performers in recent years, but few have matched the meteoric rise of Zaggle Prepaid Ocean Services. Listed in September 2023, the company has not only outperformed the sector but has also become a multibagger, generating substantial wealth for its investors—including noted investor Ashish Kacholia. The journey of Zaggle’s stock price, underpinned by strong fundamentals and strategic growth, offers a compelling story of innovation and resilience in the fintech space.

Stock Performance: A Multibagger in Focus
Since its listing, Zaggle Prepaid shares have soared over 160%, with the price rising from its IPO levels to recent highs above ₹400 per share. The stock’s 1-year return stands at more than 40%, and its three-year CAGR is an impressive 166%. While the past month has seen a correction of nearly 19%, reflecting broader market volatility, the long-term trajectory remains upward.
Notably, the company’s 52-week range extends from ₹278 to ₹591.90, highlighting both the explosive growth and recent bouts of profit-taking. Despite the correction, Zaggle’s market capitalization remains robust, currently around ₹5,400 crore.

Ashish Kacholia’s Stake and Institutional Confidence
Ashish Kacholia, renowned for identifying high-growth potential companies, holds a significant stake in Zaggle Prepaid. His involvement has boosted market confidence, attracting both retail and institutional investors. During the March 2025 quarter, promoter stake rose from 40.09% to 44.21%, reflecting the management’s strengthened confidence in the company’s long-term prospects. Foreign institutional investors and mutual funds also maintain meaningful positions, with retail investors holding over 34%.

Financial Performance and Growth Drivers
Earnings and Revenue:
Zaggle reported a 62.5% year-on-year increase in net profit for Q4 FY25, reaching ₹31.14 crore, while its quarterly profit rose by nearly 58% compared to the preceding quarter.
The company’s revenue for FY25 exceeded analyst estimates by 8.6%, underlining robust demand for its products and services. Analysts forecast average annual revenue growth of 25% for the next three years, well above the industry average of 13%.
Operational Efficiency:
Despite its swift expansion, Zaggle has kept its cost structure efficient, allocating under 1% of operating revenue to interest expenses and slightly over 5% to employee costs in FY25.
This operational discipline has contributed to a healthy return on capital employed (ROCE) of 13.3% and a return on equity (ROE) of 10.8%.
Analyst Ratings:
The stock enjoys a unanimous ‘Buy’ recommendation from analysts, with an average target price of ₹612.50—implying a potential upside of 45% from current levels. The bullish outlook is supported by expectations of continued earnings growth and strategic expansion.

Expansion, Innovation, and Strategic Moves
Zaggle has actively broadened its portfolio by pursuing strategic acquisitions and forging key partnerships.
In June 2025, the company invested in Greenedge Enterprises, enhancing its presence in the digital payments and SaaS space. The company’s focus on AI-driven product innovation and global expansion has positioned it as a leading player in the rapidly evolving fintech landscape. The company’s ability to raise its promoter holding and attract institutional capital is a testament to its strong governance and growth prospects.

Valuation and Industry Comparison
Zaggle trades at a price-to-earnings (P/E) ratio of around 61.9, higher than the industry average, reflecting investor optimism about future growth. Its price-to-book (P/B) ratio is 4.54, and the company does not currently pay dividends, preferring to reinvest profits into business expansion.
Compared to its peers in the IT and software sector, Zaggle’s five-year CAGR of 166% stands out, while its debt-to-asset ratio remains manageable at 0.52. The company’s market cap ranks it 18th in its sector, underscoring its growing influence.

Risks and Recent Volatility
While the long-term story is strong, Zaggle has not been immune to short-term corrections. The past month saw a nearly 19% drop in share price, and search interest in the stock has also declined by 15%. Analysts caution that the high valuation and recent earnings miss relative to expectations could lead to continued volatility. However, the company’s strong fundamentals and growth trajectory provide a buffer against temporary setbacks.

Conclusion
Zaggle Prepaid Ocean Services has emerged as a standout performer since its 2023 IPO, delivering multibagger returns to its investors and earning the endorsement of prominent names like Ashish Kacholia. The company’s robust earnings growth, strategic acquisitions, and expanding institutional ownership underpin a positive outlook, even as short-term volatility persists. For investors seeking exposure to India’s fintech and SaaS growth story, Zaggle remains a compelling, if high-beta, opportunity.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Kalpataru IPO Set to Raise ₹1,590 Crore, Signaling a Bold Move in Real Estate

NSDL Shares Jump 16%, Push Value Past ₹25,000 Crore

Kellton Tech Solutions Surges Ahead: Board Considers First-Ever Stock Split and Capital Raise

Kellton Tech Solutions Surges Ahead: Board Considers First-Ever Stock Split and Capital Raise

Investor optimism drives IT stock rally as Kellton Tech’s board prepares to deliberate on a share split and fundraising plan amid robust business growth.

Stock Split Buzz Ignites Investor Interest
Shares of Kellton Tech Solutions jumped as much as 9.94% intraday on June 12, 2025, reaching ₹139.80 before settling at ₹136.36, up 7.29% for the day. The rally was triggered by the company’s notification to the exchanges that its board will convene on June 14 to discuss a potential stock split—its first ever—as well as plans to raise fresh capital via various equity-linked instruments.
A stock split, which involves dividing existing shares into multiple lower-priced shares, is often used to enhance liquidity and make shares more accessible to a broader base of investors. For Kellton Tech, whose shares have delivered multibagger returns over the past five years, the move could further widen its investor pool and sustain trading momentum.

Board Meeting Agenda: Capital Raising and Share Sub-Division
The upcoming board meeting is set to address two major proposals:
• Stock Split:
The board will consider reducing the face value of existing equity shares from ₹5 each, effectively increasing the number of shares in circulation. This is expected to improve liquidity and attract more retail investors.
• Fundraising:
Kellton Tech may raise funds through a mix of equity shares, convertible bonds, debentures, warrants, or other equity-linked securities. These could be issued via private placement, preferential allotment, or qualified institutional placement, providing the company with fresh capital to support future growth and expansion.
The company has clarified that final decisions will be announced after the board meeting, and trading windows for insiders are closed in line with regulatory norms.

Financial Performance: Solid Revenue Growth, Profits Moderate
Kellton Tech’s recent financial results underscore why investors are paying close attention:
• Q4 FY25 Revenue: ₹287.3 crore, up 15.5% year-on-year and 2.9% sequentially.
• Net Profit: ₹19.2 crore in Q4 FY25, down from ₹23.93 crore in Q4 FY24, reflecting margin pressures despite top-line growth.
• EBITDA Margin: 10.5%
• New Clients: 9 added during the March quarter, highlighting ongoing business development.
Over the last three years, Kellton Tech’s revenue and net profit have grown at a CAGR of 9.21% and 4.55%, respectivel. The company’s return on capital employed (ROCE) and return on equity (ROE) stand at 17.4% and 16.3%, while its debt-to-equity ratio remains a conservative 0.30x.

Multibagger Returns and Market Outperformance
Kellton Tech Solutions has delivered exceptional returns to its shareholders:
• 3-Month Gain: 27%
• 1-Year Gain: 33%
• 2-Year Gain: 125%
• 5-Year Gain: 853%
The stock has consistently outperformed sector averages and trades above all major moving averages, underscoring strong technical momentum. Its 52-week high stands at ₹184.30, and the company’s market capitalization is approximately ₹1,340 crore.

Company Background and Global Footprint
Founded in 2009, Kellton Tech Solutions is an Indian multinational specializing in digital engineering, cloud computing, ERP, AI, and enterprise automation. The company serves a diverse clientele, from startups to Fortune 500 firms, and operates across the US, UK, Ireland, Poland, Singapore, and the Middle East. With over 1,400 employees and more than 300 global clients, Kellton Tech has established itself as a trusted partner for digital transformation.

What’s Next? Key Investor Watchpoints
The outcome of the June 14 board meeting is highly anticipated. If the stock split and fundraising proposals are approved, Kellton Tech could see further upside, especially given its robust historical performance and expanding business pipeline. However, investors will also be watching how the company plans to deploy new capital and manage profitability amid rising costs and competitive pressures.
The move to split shares and raise funds is seen as a strategic step to fuel future growth, enhance liquidity, and potentially attract new institutional and retail investors. The company’s ability to sustain its growth trajectory and deliver consistent returns will be key to maintaining market confidence.

Conclusion
Kellton Tech Solutions’ recent rally highlights the market’s enthusiasm for companies that combine strong operational performance with proactive capital market strategies. As the board prepares to decide on its first-ever stock split and a significant fundraising initiative, all eyes are on how these moves will shape the company’s future and unlock further value for shareholders.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Bond Yields Surge as Oil Prices Spike Amid Escalating Israel-Iran Tensions

Anil Ambani’s Reliance Power and Reliance Infrastructure Deliver Multibagger Returns in FY25

Anil Ambani’s Reliance Power and Reliance Infrastructure Deliver Multibagger Returns in FY25

Anil Ambani’s Reliance Power and Reliance Infrastructure Deliver Multibagger Returns in FY25

Once written off, Anil Ambani’s flagship companies have staged a remarkable turnaround, rewarding investors with 151% and 136% returns, respectively, as strategic pivots, legal wins, and sectoral tailwinds fuel a dramatic comeback.

From Crisis to Comeback: The FY25 Turnaround
Following years of financial stress and operational hurdles, Reliance Power and Reliance Infrastructure have made a strong comeback in FY2025, standing out as notable turnaround stories.
Both companies swung from deep losses in FY24 to robust profits in FY25, leading a group of nine firms that have rewarded shareholders with multibagger returns exceeding 100%.
• Reliance Power: Shifted from a loss of ₹2,242 crore in FY24 to a profit of ₹2,947 crore in FY25, delivering a 151% return to investors over the past year.
• Reliance Infrastructure: Posted an even more dramatic swing, moving from a loss of ₹1,148 crore to a record profit of ₹9,177 crore, resulting in a 136% return for shareholders.

Reliance Power: Riding the Renewable Wave
Reliance Power’s revival is driven by a string of strategic breakthroughs in the renewable energy space. Its subsidiary, Reliance NU Suntech, inked a landmark 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for Asia’s largest co-located solar and battery energy storage project—comprising 930 MW of solar capacity and 465 MW/1,860 MWh of BESS—entailing an estimated outlay of ₹10,000 crore. Further achievements include securing a 350 MW solar-BESS project from SJVN and entering into a commercial partnership with Bhutan’s Druk Holding to build the country’s largest solar energy installation.
Reliance Power posted a PAT of ₹126 cr in Q-4 FY2025, a dramatic improvement compared to the ₹397.56 cr loss it incurred during the corresponding quarter of the previous fiscal year.
This recovery was bolstered by a ₹348 crore equity infusion from Reliance Infrastructure and Basera Home Finance, as well as cost rationalization and debt reduction efforts. The company’s debt-to-equity ratio improved to 0.93 from 1.62 in FY24, signaling a healthier balance sheet.
Legal clarity also played a role, with the Delhi High Court granting interim relief against SECI’s debarment order, allowing Reliance Power to resume bidding for new projects.

Reliance Infrastructure: Legal Wins and Defence Foray
Reliance Infrastructure’s revival has been equally dramatic. The company benefited from a favorable ruling by the National Company Law Appellate Tribunal (NCLAT), which suspended an earlier insolvency order and restored investor confidence. This legal win was followed by the award of a ₹5,000 crore defence contract—the first of its kind for a private Indian firm—covering a full-scale aircraft upgrade program to be executed over 7–10 years.
The company’s stock soared more than 100% in the past year, including a 61% rally in the last month alone. The move into the high-value defence and aerospace sector has brought long-term business visibility and diversified revenue streams.

Market Performance and Investor Sentiment
Both Reliance Power and Reliance Infrastructure have outperformed the broader market, with their stocks hitting multi-year highs and drawing renewed attention from retail and institutional investors. Reliance Power has delivered a staggering gain of over 2,600% over the past five years, with a nearly 400% return in just the last three years.
Reliance Infrastructure’s momentum is similarly robust, driven by strong earnings, legal clarity, and strategic diversification.
However, analysts caution that while the turnaround is impressive, these stocks remain volatile and should be approached with careful research and risk management.

The Broader Turnaround Trend
The resurgence of Anil Ambani’s companies is part of a wider trend in India’s capital markets, where at least 40 firms have swung from losses to profits in FY25, with nine delivering multibagger returns. This reflects the dynamism of India’s manufacturing and infrastructure sectors, as well as the potential for distressed companies to stage dramatic recoveries with the right mix of strategy, capital, and regulatory support.

Conclusion
Anil Ambani’s Reliance Power and Reliance Infrastructure have executed one of the most striking recoveries of FY25, delivering multibagger gains and restoring investor trust in the group’s strength and ability to navigate change.
Strategic pivots into renewables and defence, improved financial discipline, and favorable legal outcomes have all contributed to this revival. While challenges remain, the momentum suggests that the ADAG group is on a carefully managed path to stability and renewed relevance in India’s corporate landscape.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Hyundai India Rides High: Strategic Stockpiling Shields Against Rare Earth Crunch

BEML Surges by 7.86% on Likely Upgrade to Navratna Status

Shakti Pumps: Riding High on a Robust Order Book and Surging Investor Confidence

Shakti Pumps: Riding High on a Robust Order Book and Surging Investor Confidence

Why a High-Growth Solar Pumps Stock is Drawing Strong Market Interest in 2025

Introduction
Shakti Pumps (India) Limited, a leading manufacturer of energy-efficient and solar-powered pumps, has once again made headlines with its formidable order book and impressive stock market performance. As of March 31, 2025, the company boasts an unexecuted order book of ₹1,655 crore, a figure that has sent its share price soaring by over 5% in recent sessions, accompanied by heavy trading volumes.

The Order Book Story
The foundation of Shakti Pumps’ ongoing growth story is its strong order book.
With ₹1,655 crore worth of orders yet to be executed as of March 31, 2025, the company is well-positioned for sustained revenue growth over the coming quarters. The majority of these orders come from major Indian states such as Maharashtra, Haryana, and Rajasthan, reflecting strong government support for solar irrigation initiatives.
Management has indicated that an additional ₹1,000 crore in new orders is expected from other states, further bolstering the firm’s growth outlook. This steady inflow of contracts is a testament to Shakti Pumps’ competitive edge and its ability to secure large-scale projects in a rapidly evolving sector.

Recent Order Wins and Market Expansion
Shakti Pumps has been consistently winning new contracts, both domestically and internationally. In recent months, the company secured significant orders under various state government schemes, including the PM-KUSUM program, which aims to promote solar-powered irrigation for farmers. For instance, a notable recent order was from Haryana Renewable Energy Development Agency (HAREDA), valued at over ₹122 crore for the supply of more than 3,500 solar pumps.
The company has also been active in Maharashtra, where it received an empanelment for supplying 25,000 pumps, and in Uttar Pradesh, where it was awarded a substantial contract for over 12,000 solar pumps. These wins have not only expanded Shakti Pumps’ footprint but also cemented its reputation as a reliable partner for state-led renewable energy initiatives.

Financial Performance and Market Capitalization
The company reported an 83% year-on-year growth in revenue for FY25, with profitability and margins improving due to operational efficiencies and increased execution of orders. Its market capitalization has crossed ₹11,000 crore, reflecting strong investor confidence and the stock’s multibagger status over the past few years.
The company’s management has set a minimum revenue target of ₹3,000 crore for FY26, driven by the current order book and anticipated new contracts. This ambitious goal is underpinned by the expectation of continued order inflows from both existing and new states, as well as a healthy export pipeline.

Operational Excellence and Strategic Focus
Shakti Pumps’ success is not limited to order book size; operational excellence is a key differentiator. The company manufactures a wide range of energy-efficient pumps and motors, with a strong focus on in-house production of critical components. This integrated approach enables Shakti Pumps to uphold quality standards, manage expenses effectively, and guarantee on-time delivery.
Management has emphasized a profit-driven approach, focusing on states and product lines that offer the highest margins. This strategy has enabled the company to maintain an impressive EBITDA margin of around 24%, a figure that stands out in the competitive pump manufacturing sector.

Market Potential and Future Prospects
The solar pumps industry in India is experiencing rapid growth, driven by government initiatives such as PM-KUSUM, state-specific schemes like Maharashtra’s Magel Tyala Saur Krushi Pump Scheme, and Madhya Pradesh’s Pradhan Mantri Krishak Mitra Surya Yojana. These programs aim to provide farmers with affordable and sustainable irrigation solutions, reducing dependence on grid electricity and diesel pumps.
Shakti Pumps is well-positioned to capitalize on this momentum. The company is actively participating in tender processes across several states, including Madhya Pradesh and Punjab, and expects to secure significant new orders in the coming months. The management has highlighted the vast untapped potential in the solar pumps segment, with millions of pumps yet to be deployed across the country.

Investor Sentiment and Stock Performance
Investor sentiment towards Shakti Pumps has been overwhelmingly positive. The stock has delivered multibagger returns over the past two to five years, with recent sessions seeing a sharp uptick in price and trading volumes. The company’s strong order book, robust financial performance, and clear growth trajectory have made it a favorite among both retail and institutional investors.
The recent increase in the price band from 5% to 20% further highlights the market’s strong confidence in Shakti Pumps’ future potential.
This regulatory adjustment allows for greater price movement, reflecting the stock’s high liquidity and investor interest.

Challenges and Opportunities
While Shakti Pumps is riding a wave of success, it is not without challenges. Execution delays, regulatory changes, and competition from other manufacturers are potential headwinds. However, the company’s management has demonstrated a proactive approach, focusing on operational efficiencies and strategic bidding to mitigate these risks.
The ongoing expansion of government schemes and the increasing focus on renewable energy present significant opportunities for Shakti Pumps. The company’s ability to innovate, maintain quality, and deliver on large contracts positions it as a leader in the Indian solar pumps industry.

Conclusion
Shakti Pumps (India) Limited stands at the forefront of India’s renewable energy revolution, driven by a robust order book, strong financial performance, and a clear strategic vision. The company’s recent stock surge and heavy trading volumes reflect the market’s confidence in its growth trajectory. With ambitious revenue targets, a focus on operational excellence, and a pipeline of new contracts, Shakti Pumps is well-positioned to capitalize on the expanding solar pumps market in India.

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

NSDL Unlisted Shares Skyrocket 50% as Investors Eye Upcoming IPO

Indian Steelmakers Gain as Import Duties Continue and China Cuts Supply

Hi-Tech Pipes: Steel Stock Soars 1,100% in 5 Years, Defying Market Trends

Hi-Tech Pipes: Steel Stock Soars 1,100% in 5 Years, Defying Market Trends

 

Hi-Tech Pipes showcased strong durability with impressive performance in both Q4 and the full fiscal year 2025, despite encountering brief market instability and challenges to profit margins.

A Five-Year Multibagger Story
Hi-Tech Pipes has emerged as a top performer in India’s small-cap sector, transforming an initial ₹1 lakh investment in 2020 into almost ₹12 lakh by mid-2025.
The company’s stellar run has been underpinned by its strategic expansion in steel pipes and value-added products, serving critical sectors like infrastructure, construction, and automotive. This long-term rally has attracted both retail and institutional investors, making Hi-Tech Pipes a closely watched name among multibagger stocks.

Q4 FY25: Robust Growth Amid Sector Headwinds
Hi-Tech Pipes announced its Q4 FY25 results on May 26, 2025, reporting a revenue of ₹734 crore, up 7.74% year-on-year, and a net profit of ₹17.63 crore, marking a 59% increase from the previous year’s ₹11.12 crore. Quarterly sales volume hit 1,16,032 metric tonnes, marking an 8% increase compared to Q4 FY24. This growth came despite a broader market dip, with the stock rising nearly 2% in intraday trade on June 2, 2025, even as the Nifty 50 index fell.
However, not all metrics were positive. Operating profit (EBITDA) for Q4 FY25 was nearly flat at ₹34.93 crore, and the operating profit margin slipped to 4.76%, the lowest in five quarters. Sequentially, both revenue and profit before tax declined compared to Q3 FY25, reflecting short-term operational pressures.

FY25: Record Sales and Strong Profitability
Hi-Tech Pipes reported revenue of ₹3,068 crore for FY2025, reflecting a 14% increase over the ₹2,699 crore earned in FY24.
Net profit rose sharply by 66% to ₹72.95 crore, while earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 39% to ₹160.03 crore.
Sales volumes for the year hit a record 4,85,447 metric tonnes, a 24% jump over the previous year. The company’s EBITDA per tonne improved to ₹3,297, up 12% year-on-year, driven by better price realization and a higher share of value-added products.

Margin Pressures and Volatility
Despite its strong yearly performance, Hi-Tech Pipes has still felt the impact of market fluctuations.
The stock corrected nearly 20% from its 52-week high of ₹210.85 (September 2024) to a low of ₹84.80 (May 2025). This reflects profit booking and broader sectoral pressures. Margins, particularly in the latest quarter, have come under scrutiny due to rising costs and competitive pressures, even as the company managed to grow its top line and volumes.

Strategic Outlook and Sector Tailwinds
Hi-Tech Pipes continues to benefit from strong demand in India’s infrastructure and construction sectors, which are key drivers for steel pipes and related products. The company has also focused on expanding its value-added product portfolio and improving operational efficiency, which has helped offset some margin pressures.
Looking ahead, Hi-Tech Pipes is targeting further capacity expansion and is optimistic about sustaining its growth trajectory. Management’s guidance points to continued volume growth and a focus on higher-margin products, which could help restore and improve profitability in coming quarters.

Conclusion
Hi-Tech Pipes’ journey over the past five years exemplifies the potential of focused small-cap companies in India’s industrial growth story. With a 1,100% return, record sales volumes, and robust profit growth in FY25, the company has cemented its status as a multibagger. While near-term challenges around margins and market volatility persist, Hi-Tech Pipes’ strategic initiatives and sectoral tailwinds position it well for continued long-term growth.

 

 

The image added is for representation purposes only

Redcon’s Golden Gate Project is financed with EGP 4.2 billion coordinated by FABMISR.

Apollo Micro Systems Soars on Record Q4FY25 Earnings

Apollo Micro Systems Soars on Record Q4FY25 Earnings

Apollo Micro Systems Soars on Record Q4FY25 Earnings

 

Multibagger stock rallies after robust financials, strategic wins, and strong FY25 close

Impressive Financial Finish for FY25

Apollo Micro Systems, a prominent player in India’s defense electronics and aerospace technology space, has delivered an exceptional set of numbers for the fourth quarter of FY25. The company reported its highest-ever annual revenue of ₹562.07 crore, reflecting a remarkable 51.24% year-on-year growth, driven by an expanding order book and execution of high-value defense contracts.
Net profit for the full fiscal year surged by 81.18% to ₹56 crore, cementing Apollo Micro’s position as one of the fastest-growing companies in the defense sector. For the quarter ending March 2025, the company reported a consolidated net profit of ₹13.96 crore, marking an 8% increase year-on-year. Despite a sequential dip from Q3FY25, the overall trajectory remains upward.
The EBITDA margin stood at an impressive 23.50%, underlining efficient cost management and improved scale of operations.

Stock Sees Rollercoaster Movement

Following the results announcement, Apollo Micro Systems’ stock saw heavy trading activity, initially declining over 10% on May 26 due to short-term profit booking. However, the sentiment reversed dramatically after the company disclosed a major ₹114 crore export order for advanced avionics systems, sparking a buying frenzy.
On May 28, shares surged more than 11% intraday, pushing the stock to new all-time highs and extending its one-month gain to over 51%. With this recent momentum, the company has now delivered an eye-popping 1,800% return over the past five years, a performance few small-cap stocks can rival.

Strategic Moves Strengthen Long-Term Outlook

Beyond strong financials, Apollo Micro Systems is taking calculated strategic steps to solidify its position in the defense ecosystem. The company is pursuing vertical integration by acquiring IDL Explosives, a move that could bring capabilities in propellant systems and warhead components under its belt. This aligns with the government’s ‘Atmanirbhar Bharat’ initiative, which encourages indigenous development and manufacturing in defense.
Furthermore, the firm is transitioning several R&D projects into full-scale production, signaling readiness to scale up in both domestic and export markets. A capex-intensive growth model is in motion, with infrastructure and human resource investments indicating a long-term commitment to becoming a fully integrated defense supplier.

Export Orders Highlight Global Ambitions

The ₹114 crore export order Apollo received earlier this week is not just a revenue booster — it is also a testament to the company’s growing global relevance. With more international defense players seeking advanced electronics and avionics solutions, Apollo is well-positioned to capitalize on this demand.
Such export wins also help de-risk the company’s revenue stream, reducing overdependence on Indian government contracts and enhancing its valuation attractiveness to global investors.

Market Analysts Stay Bullish

Analysts tracking the stock remain bullish, citing a robust order pipeline, improving margins, and a favorable macro environment for defense spending. With India ramping up its defense budget and looking to reduce imports in favor of local innovation, companies like Apollo Micro Systems are expected to benefit significantly.
Despite short-term volatility, experts see potential for sustained gains if the company continues to execute efficiently and maintains its innovation-led approach.

Conclusion: A Stock to Watch in India’s Defense Growth Story

Apollo Micro Systems has transitioned from being a niche electronics supplier to a key player in India’s defense technology sector. The Q4FY25 and FY25 performance reinforces investor confidence in its growth potential. With strategic acquisitions, export momentum, and policy tailwinds, the company is set to play a crucial role in India’s self-reliant defense journey.
The recent market rally is a reflection not only of good numbers but also of the company’s vision and execution. As defense manufacturing gains national and global focus, Apollo Micro Systems is clearly one to watch.

 

 

 

 

The image added is for representation purposes only

Black Box Reports Strong Q4 Profit Growth in FY25