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Bhatia Communications Declares Final Dividend, Sets Record Date for FY25

IndiaMART InterMESH Shares Gain Momentum After Rs 50 Dividend Announcement

Inox India Secures ₹373 Crore in New Orders, Stock Gains Ground

IndiaMART InterMESH Ltd., a prominent online B2B marketplace in India, recently captured investor interest following its board’s decision to recommend a Rs 50 per share dividend for the financial year 2024-25. This dividend, which includes both final and special components, underlines the company’s sound financial health and consistent shareholder reward strategy.

Breakdown of the Dividend
IndiaMART announced a final dividend of Rs 30 per share along with an additional special dividend of Rs 20 per share, totaling Rs 50 per share. The record date for determining shareholder eligibility is set for June 6, 2025. Given the recent market price of about Rs 2,480 per share, the dividend offers an attractive yield of nearly 2%.
This decision highlights IndiaMART’s confidence in its financial position and its capability to deliver sustained value to investors.

Financial Strength Backing Dividend Declaration
IndiaMART’s solid financial results support this substantial dividend payout.
The company achieved revenue of Rs 1,388 crore in the fourth quarter of FY25, reflecting a year-on-year growth of approximately 16%. Its net profit for the same period stood at Rs 181 crore, maintaining a stable profit margin around 39%.
The company also reported healthy cash and investment reserves amounting to Rs 2,885 crore as of March 31, 2025. Additionally, its operating cash flow for Q4 FY25 reached Rs 271 crore, providing strong support for the declared dividend.

Market Response
Following the dividend announcement, IndiaMART’s shares saw increased buying activity. The stock gained over 2%, and trading volumes rose as investors looked to secure positions ahead of the dividend record date.
The stock traded within a range of Rs 2,480 to Rs 2,500, showing positive sentiment among market participants. With the ex-dividend date approaching, further investor interest is expected.

Steady Shareholder Benefits
IndiaMART has a consistent history of rewarding its shareholders. The Rs 50 per share dividend for FY25 represents a substantial increase from the Rs 20 per share dividend paid in FY24.
The company’s dividend payout ratio for the current financial year stands at about 49%, reflecting a balanced approach that favors both shareholder rewards and continued business investment.
This growth in dividend payouts reinforces IndiaMART’s position as a company committed to creating long-term shareholder value.

Key Drivers Behind the Dividend Decision
Several factors influenced IndiaMART’s decision to declare this high dividend:
1. Strong Cash Position: The company’s cash and investments of around Rs 2,885 crore provide sufficient liquidity to support significant shareholder distributions.
2. Stable Profitability: IndiaMART’s resilient business model ensures steady revenue and strong profit margins, which underpin its ability to continue rewarding shareholders.
3. Management’s Growth Outlook: The special dividend reflects management’s confidence in the company’s ability to sustain growth and generate consistent cash flows.

Investor Considerations
Investors evaluating IndiaMART should monitor the sustainability of such high dividend payouts. Future dividends will depend on the company’s ability to maintain revenue growth and preserve healthy profit margins. Continuous financial performance will be key to justifying shareholder expectations.
IndiaMART’s ongoing efforts to enhance its technological infrastructure, expand its marketplace reach, and boost customer engagement are expected to further strengthen its market leadership and financial stability.

Outlook
IndiaMART InterMESH’s Rs 50 per share dividend announcement for FY25 has strengthened investor confidence and showcased its robust financial framework. The company’s approach of combining regular and special dividends highlights its dedication to delivering consistent shareholder value.
Moving forward, the company’s ability to sustain its growth momentum, maintain a strong cash reserve, and continue creating shareholder wealth will be closely observed by market participants.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Inox India Secures ₹373 Crore in New Orders, Stock Gains Ground

Avantel Soars 6% with ₹25 Crore DRDO Deal!

Tanla Platforms Soars 7.6% on ₹175 Crore Buyback!

Tanla Platforms Soars 7.6% on ₹175 Crore Buyback!

Shareholders rejoice as Tanla Platforms announces ₹875 per share buyback, signalling strong confidence in company fundamentals and long-term growth prospects.

Summary:
Tanla Platforms experienced a significant increase of 7.6% in its stock price, finishing at ₹707 following the Board’s approval of a ₹175 crore share buyback. This buyback will be carried out at ₹875 per share, which represents a notable 33% premium over the previous closing price and will involve the repurchase of 20 lakh equity shares on a proportional basis. The announcement has been viewed as a strong sign of confidence from the management and has reignited investor interest in the cloud communications firm.

Tanla Platforms Ltd., a top CPaaS (Communications Platform as a Service) provider in India, saw its shares jump more than 7.6% to ₹707 on the Bombay Stock Exchange (BSE) on Wednesday after the Board approved a buyback of ₹175 crore. This move comes as part of the company’s capital allocation strategy and reflects management’s confidence in the business’s underlying strength and future prospects.
The company plans to conduct the share buyback via a tender offer, intending to repurchase 20 lakh equity shares at ₹875 each. This price represents a 33% premium over the last closing price of ₹658 on June 17.

Buyback Details: What Investors Should Know
Tanla Platforms stated in its regulatory filing that the buyback will be executed on a proportionate basis among all eligible shareholders as of the record date, which will be notified shortly. The ₹875 per share buyback price represents not just a handsome return for investors but also reflects management’s belief that the company’s intrinsic value is significantly higher than current market valuations.
Here are the key highlights of the buyback:
Buyback Size: ₹175 crore
Buyback Price: ₹875 per equity share
Number of Shares to be Repurchased: 20 lakh
Mode of Buyback: Tender offer route
Buyback Premium: 33% over June 17’s closing price
Objective: Return excess cash to shareholders, improve capital efficiency
This move is likely to improve earnings per share (EPS) and return on equity (ROE) by reducing the outstanding share base, thereby enhancing long-term shareholder value.

Market Reaction: Bullish Momentum Takes Hold
The announcement was received with instant excitement in the market. Tanla’s stock opened at ₹672.15 and quickly gained momentum, touching an intraday high of ₹710.50 before closing at ₹707—up ₹50.05 (7.6%) over the previous close.
Trading volumes were significantly higher than average, with over 3 million shares exchanged on the BSE alone, indicating widespread investor participation and renewed confidence in the company’s prospects.
Experts think that the stock buyback, along with Tanla’s strong financial position and consistent profitability, positions it as an appealing mid-cap technology company in today’s market conditions.

Management Commentary: A Vote of Confidence
In an official statement, Uday Reddy, Founder and Chairman of Tanla Platforms, said:
“This buyback underscores our continued commitment to delivering value to our shareholders. Our strong cash flows and robust business fundamentals allow us to return capital while retaining the flexibility to pursue growth opportunities.”
Observers in the industry point out that Tanla has previously undertaken buyback initiatives. The company has previously used buybacks as a tool for capital optimization, and this consistent approach demonstrates sound corporate governance and shareholder-friendly policies.

Financials Behind the Move: Solid Fundamentals
Tanla Platforms has maintained a strong financial performance in recent quarters. For FY25, the company reported:
Revenue: ₹3,200 crore (YoY growth of 15%)
EBITDA: ₹785 crore (EBITDA margin at 24.5%)
Net Profit: ₹460 crore
Cash & Equivalents: ₹550 crore as of March 31, 2025
Debt: Nil, making the company debt-free
These figures highlight Tanla’s debt-free status, strong cash generation, and profitability, justifying the buyback initiative from both a strategic and financial perspective.
Moreover, the company continues to maintain a high return on capital employed (ROCE), signalling operational efficiency and disciplined capital management.

Sector Outlook: CPaaS Continues to Thrive
The global Communications Platform as a Service (CPaaS) market is projected to grow at a CAGR of over 25% in the next five years, driven by increased digital transformation across sectors like BFSI, retail, logistics, and healthcare. With the growing adoption of A2P messaging, cloud telephony, and WhatsApp-based communication, Tanla is well-positioned to benefit from this growth wave.
Tanla’s collaborations with Microsoft Azure, the WhatsApp Business API, and local telecom operators such as Airtel and Vodafone Idea enhance its status as a leading force in India and position it as a rising competitor on the global stage.

Analysts’ Take: A Stock to Watch
Brokerages have reacted positively to the buyback news. Numerous analysts have raised their target price or reaffirmed their “Buy” rating for the stock.
Motilal Oswal, in a note, mentioned:
“Tanla’s capital return program is value accretive. Given its high cash position and consistent margin profile, we expect the stock to rerate over the coming quarters.”
ICICI Direct observed:
“The buyback reflects prudent capital allocation. Investors should view this as a long-term positive development.”

What Should Investors Do?
For existing shareholders, the buyback presents an opportunity to exit partially at a premium. For long-term investors, it is a reaffirmation of the company’s financial discipline and growth trajectory.
Potential investors might consider entering on dips or post-buyback once volatility settles. However, with robust fundamentals, clean governance, and favourable industry tailwinds, Tanla Platforms remains a compelling digital communications stock.

Conclusion
Tanla Platforms’ latest ₹175 crore buyback not only rewards shareholders but also highlights the company’s financial stability and optimistic outlook. By offering a 33% premium through a transparent and proportionate mechanism, the Board has reinforced its commitment to maximizing shareholder value while staying growth-ready.
As digital communications become more essential across industries, Tanla’s strategic moves like these will keep it on the radar of both retail and institutional investors.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Axiscades Soars with Indra Sistemas Partnership!

UGRO Capital Acquires Profectus Capital in Ambitious ₹1,400 Crore Deal

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

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

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

Introduction

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

The Rights Issue: Structure and Rationale

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

Key Dates and Process

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

Strategic Imperatives Behind the Fundraise

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

Institutional Confidence and Management Commitment

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

Financial Performance and Growth Trajectory

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

The Broader Impact on India’s MSME Sector

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

Looking Ahead: Future Plans and Ambitions

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

Conclusion

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

 

 

 

 

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Kia India Posts 14.43% Yearly Sales Growth in May 2025

Coforge Announces First-Ever Stock Split: What Investors Need to Know

Coforge Announces First-Ever Stock Split: What Investors Need to Know

Coforge Announces First-Ever Stock Split: What Investors Need to Know

 

Midcap IT major Coforge has unveiled its maiden stock split, aiming to boost liquidity and make its shares more accessible. Here’s a deep dive into the announcement, its implications, and what it means for shareholders and the broader market.

The Stock Split: Key Details

On May 5, 2025, Coforge’s board approved a 1-for-5 stock split. Each current share valued at ₹10 will be subdivided into five shares with a ₹2 face value. The record date for the split is June 4, 2025. Shareholders on record as of this date will be eligible to receive the split shares.
Key Points:
• Split Ratio: One ₹10 share will become five shares with a face value of ₹2 each.
• Record Date: June 4, 2025
• Purpose: Improve liquidity, make shares more affordable, broaden investor base
The split will increase the number of outstanding shares fivefold, while the overall market capitalization and the value of each investor’s holding will remain unchanged.

Why Is Coforge Splitting Its Shares?

Stock splits are a common corporate action among companies whose share prices have risen significantly, making them less accessible to retail investors. Coforge’s share price had climbed steadily over the past year, prompting the board to consider a split to:
• Enhance trading liquidity by increasing the number of shares in circulation
• Enhance affordability for individual investors
• Attract a broader base of shareholders, including those who may have been priced out previously
According to company statements and financial analysts, the split is expected to facilitate greater participation from retail investors and improve the stock’s visibility in the market.

Market Reaction: Shares Rally on the News

The announcement of the stock split, coupled with robust Q4 results and a healthy dividend declaration, sent Coforge shares soaring. On May 6, 2025, the stock surged by as much as 7%, reflecting investor enthusiasm for the move. Trading volumes spiked, and the stock reached new highs, underscoring the positive sentiment around the company’s prospects.
Market experts note that stock splits often generate short-term excitement, as they signal management’s confidence in the company’s growth trajectory and commitment to shareholder value.

Analyst Take: What Does the Split Mean for Investors?

Analysts across major financial platforms have largely welcomed Coforge’s decision. Here’s why:
• Increased Liquidity: More shares in the market typically mean narrower bid-ask spreads and easier entry and exit for investors.
• Affordability: A lower price per share can draw in investors with limited funds.
• Potential for Inclusion in Indices: Higher liquidity and a broader shareholder base can improve the stock’s chances of being included in major indices, which can further boost demand.
However, analysts also caution that a stock split does not change the company’s fundamentals or intrinsic value. The real driver of long-term returns remains Coforge’s business performance, growth strategy, and execution.

Recent Performance and Strategic Moves

Coforge has been on a growth path, with recent financial results beating expectations. For the March 2025 quarter, the company reported strong revenue growth and a healthy order book, driven by robust demand in digital transformation, cloud services, and automation.
In addition to the stock split, Coforge recently completed the acquisition of Rythmos Inc., a US-based technology firm specializing in data and analytics. This strategic move is expected to bolster Coforge’s capabilities in high-growth areas and expand its client base in North America.
The company also declared a dividend alongside its Q4 results, further rewarding shareholders and signaling management’s confidence in future cash flows.

How Will the Stock Split Work for Shareholders?

Shareholders holding Coforge stock on June 4, 2025, will have their holdings updated automatically by their broker or depository.
For example, if you hold 10 shares of ₹10 each, after the split, you will have 50 shares of ₹2 each. The total value of your investment remains unchanged, although the price per share will adjust proportionally.
Investors should note that the split does not affect their voting rights or the company’s fundamentals. It is purely a technical adjustment to the share structure.

What’s Next for Coforge?

The stock split is expected to be completed within three months of the record date, after which trading will commence in the new, lower-denomination shares. Investors and analysts will be watching closely to see if the split leads to sustained higher trading volumes and increased retail participation.
Coforge’s management has reiterated its commitment to growth, innovation, and shareholder value. With a strong order pipeline, recent acquisitions, and a focus on digital transformation, the company is well-positioned to capitalize on opportunities in the global IT services market.

Conclusion

Coforge’s first-ever stock split marks a significant milestone in the company’s journey. By making its shares more accessible and liquid, Coforge is opening the door to a wider pool of investors while reinforcing its status as a leading midcap IT player. While the split itself is a technical move, the company’s strong fundamentals and strategic direction remain the key factors for long-term investors.

 

 

 

 

 

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Bharat Electronics Secures ₹570 Crore in New Orders!

Boost: 200% Dividend Announced by City Union Bank

Boost: 200% Dividend Announced by City Union Bank

 Boost: 200% Dividend Announced by City Union Bank

 

Stock under ₹200 offers attractive returns with strong financials and positive growth outlook.

Introduction

A significant 200% dividend has been announced by City Union Bank (CUB), a well-known private sector lender, for the fiscal year that ends in March 2025. Following a strong Q4 performance, the bank is now positioned as a desirable choice for investors looking for value in the sub-₹200 stock market.

Q4 FY25 Financial Highlights

In comparison to the same quarter last year, City Union Bank’s Q4 FY25 net profit of ₹254.8 crore represented a 17% increase. The bank’s net profit for the full fiscal year increased by 8% from ₹937.47 crore in FY24 to ₹1,015.73 crore, marking the first time it has crossed the ₹1,000 crore threshold.
The bank’s total income for FY25 surged to ₹6,012.22 crore, up from ₹5,524.69 crore in the previous year. This growth was driven by improved recoveries and a reduction in provisioning, enhancing the bank’s profitability.

Dividend Declaration

City Union Bank has declared a final dividend of ₹2.00 per share, which is 200% of the share’s face value of ₹1. This gives investors a strong return at the present share price of about ₹146, with a dividend yield of about 1.37%.
The bank’s dedication to shareholder value is demonstrated by its steady dividend payment history. Eligible shareholders can anticipate receiving their dividend payout soon after the ex-dividend date and record date for this dividend are published.

Stock Performance and Valuation

City Union Bank’s stock is currently trading at ₹146.35, offering an attractive entry point for investors. The stock has a 52-week high of ₹187.80 and a low of ₹125.35, indicating potential for capital appreciation.
Brokerage firms have taken note of the bank’s performance. ICICI Securities has upgraded the stock to a ‘Buy’ rating with a target price of ₹200, citing healthy Q3FY25 numbers and a positive growth outlook.
Similarly, other analysts have maintained a bullish stance, with target prices ranging from ₹185 to ₹220, reflecting confidence in the bank’s fundamentals and growth prospects.

Operational Highlights

City Union Bank has achieved important operating milestones. The bank’s overall revenue for FY25 increased from 96,369 crore to 1,02,138 crore, surpassing the ₹1 lakh crore milestone. Advances totaled ₹46,481 crore, while total deposits were ₹55,657 crore.
With a Gross Non-Performing Asset (NPA) of 3.99% and a Net NPA of 1.97% as of March 31, 2025, the bank’s asset quality is still stable. The capital adequacy ratio, which stands at 22.98%, is good and provides a strong cushion for future growth.

Strategic Initiatives and Outlook

City Union Bank continues to focus on expanding its footprint and enhancing customer engagement. The bank has opened several new branches in recent months, strengthening its presence in key markets.
Additionally, the bank has launched innovative products, such as a co-branded credit card with Chennai Super Kings, aimed at attracting younger customers and diversifying its revenue streams.
Looking ahead, the bank aims to maintain its growth trajectory by focusing on retail lending, improving operational efficiency, and leveraging technology to enhance customer experience. Analysts project a 15-16% growth in FY26, supported by the bank’s strategic initiatives and strong financial position.

Conclusion

City Union Bank’s dedication to providing value to shareholders is demonstrated by its outstanding Q4 FY25 performance and its declaration of a generous 200% dividend. With a strong balance sheet, consistent dividend history, and strategic growth initiatives, the bank presents a compelling investment opportunity, especially for those seeking quality stocks under ₹200.

 

 

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APSEZ Reports ₹11,061 Crore Net Profit in FY25, Marking Major Growth