All posts by Nagnath

Delhivery Ltd
Delhivery Shares Drop 10% From Day’s High on Heavy Volumes and Growth Strategy

Business and Industry Overview: 

Delhivery is a prominent Indian company that helps send and deliver goods. It started in 2011 in Gurgaon. At first, it delivered food and flowers in a small area. Then the founders saw a big chance in online shopping. So, they changed the business and started helping online stores. Their first client was Urban Touch, a fashion and beauty store. After that, more online companies joined. The company grew fast. In 2019, SoftBank gave $413 million. In 2021, Fidelity gave $277 million. In 2021, Delhivery also bought Spoton Logistics for ₹1,600 crore. It also bought a drone company in the US named Transition Robotics. In 2022, Delhivery sold its shares to the public in an IPO. It raised ₹5,235 crore and got listed on BSE and NSE. Its value became ₹35,283 crore. In 2024, it became a sponsor of Royal Challengers Bangalore in IPL. Delhivery has more than 85 warehouses, 29 sorting centers, and many delivery points. It works in almost all parts of India. It uses technology to deliver faster. It gives many services like parcel delivery, big goods transport, warehousing, returns, cash collection, and international shipping. Sahil Barua is the CEO. Kapil Bharati is the CTO. Other leaders are Sandeep Barasia, Ajith Pai, and Amit Agarwal. Two founders left in 2021. The biggest investors are SoftBank (11.74%), SBI Funds (9.10%), and Nexus Partners (8.96%). Delivery raised $1.4 billion before its IPO. In 2024, it earned ₹7,241 crore but had a loss of ₹1,007 crore. Even with the loss, the company is growing fast and is one of the top delivery companies in India. 

Latest Stock News: 

Delivery’s share price dropped by over 6% on Tuesday. It had gone down more than 10% from its highest point of ₹275.75 during the day and closed at ₹251.60 on the BSE. This happened even though the overall market improved later in the day. A very large number of shares were traded—about 27.4 million on NSE and BSE combined. This is much more than the usual weekly and monthly average. Experts say the drop happened because many investors sold shares to book profits after the recent price rise. Also, there is some caution in the market because of Delivery’s new deal with Ecom Express. 

Delhivery is buying Ecom Express, which is the second biggest company in the business-to-customer (B2C) delivery space. The deal is for ₹1,400 crore and values Ecom Express at 0.6 times its FY24 sales. With this deal, the combined company may control around 55–60% of the B2C express delivery market. This can help Delhivery grow bigger and save costs. But some analysts, like Emkay Global, also warn that there are risks. For example, some e-commerce companies like Meesho are starting to do deliveries on their own, which may reduce the number of orders Delhivery handles in the future. From a technical point of view, Delhivery’s share price is below all its key moving averages (like 5-day, 10-day, 50-day, etc.), which shows weakness in the stock. The RSI is at 54.5, which means the stock is neither too expensive nor too cheap. But the Money Flow Index (MFI) is at 70.3, suggesting that the stock may be slightly overbought and could see a short-term fall. 

Still, Emkay has kept a ‘Buy’ rating on the stock, even though it has slightly lowered its target price to ₹400. They believe the deal with Ecom Express will add value to the company in the long run. However, they also say that the success of the deal and growth in delivery volumes will be important to watch. 

Potentials: 

Delivery wants to grow more in the future. The company plans to become the number one logistics company in India. It wants to use more technology like robots, drones, and smart tracking to make deliveries faster and better. Delivery also wants to do more B2B business, which means helping other businesses send goods. Right now, it works a lot with online shopping, but it wants to do more than that. It also wants to deliver to more small towns and villages, not just big cities. This will help more people use Delhivery. The company wants to save time and money by using smart systems. Delhivery is also buying another company called Ecom Express. It will pay ₹1,407 crore in full cash. After the deal is complete, Ecom Express will become part of Delhivery. The deal will be finished in six months if all rules and approvals are cleared. Ecom Express started in August 2012. It gives full logistics services using technology. Its office is in Gurugram, Haryana. After buying Ecom, Delhivery will become bigger in sending packages to customers (B2C). The company also wants to work with big brands to help them send goods. The main goal is to grow bigger, work smarter, and give better service to all customers. 

Analyst Insights: 

  • Market capitalisation: ₹ 18,319 Cr. 
  • Current Price: ₹ 246 
  • 52-Week High/Low: ₹ 478 / 237 
  • Stock P/E Ratio: 448 
  • Dividend Yield: 0.00%
  • Return on Capital Employed (ROCE): -1.73% 
  • Return on Equity (ROE): -2.94% 

Delivery Ltd. is showing some improvement. In December 2024, the company made a profit of ₹25 crore. This is a good sign because in earlier quarters, it was making losses. Its revenue is also growing. It increased from ₹1,824 crore in December 2022 to ₹2,378 crore in December 2024. This means the company is expanding its business. Delhivery is also buying Ecom Express for ₹1,407 crore in an all-cash deal. After this deal, Ecom will become a part of Delhivery. Ecom Express is a strong company in tech-based logistics. This deal will help Delhivery improve its services and grow more in the B2C (business-to-customer) area. But there are also some problems. The stock is very expensive. Its price-to-earnings (P/E) ratio is 448, which is much higher than other companies. Its return on equity (ROE) and return on capital employed (ROCE) is -1.73%. This shows the company is not using its money well to make profits. In the last 3 years, its average ROE was -11%, which is very low. Also, the stock price has fallen by 44% in the last year. This shows that investors are not very confident in the stock. Still, Delhivery is the biggest and fastest-growing logistics company in India. It works in more than 220 countries and territories. The company has strong services and good future plans. But the financial numbers are still weak. 

So, this stock has long-term potential. But it is risky right now. It may be better to wait until the company shows better profits and the stock price becomes reasonable. 

Bajaj Holdings Ltd
Bajaj Holdings (BHIL) Q4 Results, Allianz Stake Acquisition, and 2025 Growth Strategy

Business and Industry Overview: 

Bajaj Holdings & Investment Ltd (BHIL) is an Indian investment company. It started in 1945 and is part of the Bajaj Group. Earlier, it was called Bajaj Auto Ltd. On 18 December 2007, the Bombay High Court approved a demerger. After that, the manufacturing business went to a new company called Bajaj Auto Ltd (BAL). The wind energy and financial services business went to Bajaj Finserv Ltd (BFS). The rest of the assets, money, and duties stayed with BHIL. After this change, BHIL became an investment company. It now holds more than 30% shares in both BAL and BFS. BHIL earns money from dividends and by investing in shares, bonds, and mutual funds. BHIL is also a Non-Banking Financial Company (NBFC). It got its NBFC license from the Reserve Bank of India (RBI) on 29 October 2009. Its RBI registration number is N-13.01952. It is called a ‘Systemically Important Non-deposit taking NBFC’. BHIL can give money support to BAL and BFS but only on fair terms. BHIL will also grow if BAL and BFS grow. RBI does not take any responsibility for BHIL’s financial health. RBI also does not promise to repay any deposit money. BHIL does not keep any deposit with RBI. As of April 2025, BHIL’s share price was around ₹11,499. 

Latest Stock News: 

Bajaj Holdings & Investment Ltd (BHIL) gave some big news in March 2025. BHIL, Bajaj Finserv, and Jamnalal Sons will buy 26% shares from Allianz. These shares are in two insurance companies – Bajaj Allianz Life and Bajaj Allianz General. BHIL will buy 19.95%. Bajaj Finserv will buy 1.01%, and Jamnalal Sons will buy 5.04%. After this, the Bajaj Group will fully own both insurance companies. This may help Bajaj Group grow more in future. On April 1, 2025, BHIL’s share price went down by 3.25%. This was the third day in a row the price fell. In three days, the total fall was 4.06%. But on April 8, 2025, the share price went up a bit to ₹10,833. In the last quarter (October to December 2024), BHIL earned ₹158.23 crore but had a loss of about 46%. On March 31, 2025, BHIL said the trading window is closed. This means people inside the company cannot buy or sell shares. The window will open after the company gives its full-year results for March 2025. Investors are waiting for these results. 

As of April 8, 2025, Bajaj Holdings & Investment Ltd (BHIL) is trading at ₹10,833.00, which is a small 1.01% rise from the previous price. On March 18, 2025, BHIL, Bajaj Finserv, and Jamnalal Sons made a big move. They agreed to buy Allianz’s 26% stake in two companies: Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. BHIL will buy 19.95% of the shares. After this, the Bajaj Group will fully own both insurance companies. This could help the group grow more in the future. On March 31, 2025, BHIL said its trading window is closed. This means company insiders cannot buy or sell shares until the company releases its full-year results for March 2025. In the last quarter (ending December 31, 2024), BHIL earned ₹126.33 crore, which is 16.92% more than last year. The stock price has been going up and down. It has a 52-week high of ₹13,221.50 and a low of ₹7,667.15. Investors are waiting for the full-year results and to see how the Allianz deal will affect the company’s growth. 

Potentials: 

Bajaj Holdings & Investment Ltd. (BHIL) has big plans for the future. One key plan is the recent deal where Bajaj Finserv Ltd. announced it will buy Allianz SE’s entire 26% stake in Bajaj Allianz General Insurance Company Ltd (BAGIC) and Bajaj Allianz Life Insurance Company Ltd (BALIC). This deal is worth ₹24,180 crore and ends the 24-year partnership between Bajaj and Allianz. Bajaj Finserv will pay ₹13,780 crore for Allianz’s stake in BAGIC and ₹10,400 crore for its stake in BALIC. After this deal, Bajaj Group will own 100% of both insurance companies instead of the current 74%. The acquisition will be done by distributing the stake between the Bajaj Group companies. Bajaj Finserv will buy around 1.01% of each company, BHIL will acquire 19.95%, and Jamnalal Sons Pvt. Ltd. will get about 5.04%. After the deal, Bajaj Finserv’s stake in both companies will rise to 75.01%. The deal still needs approval from the Competition Commission of India (CCI) and the Insurance Regulatory and Development Authority of India (IRDAI). Sanjiv Bajaj, the chairman of Bajaj Finserv, believes that this move will help grow the business and bring more value to the group. This deal marks an important step in Bajaj Finserv’s strategy to provide new, technology-driven insurance solutions across India. After the deal, Allianz will focus on other growth opportunities in India and possibly enter as an independent operator if laws allow 100% foreign investment in the insurance sector. Both companies are working together to ensure the transition is smooth for customers and other stakeholders. 

Analyst Insights: 

  • Market capitalisation: ₹ 1,20,526 Cr. 
  • Current Price: ₹ 10,833 
  • 52-Week High/Low: ₹ 13,238 / 7,660 
  • Stock P/E Ratio: 16.0 
  • Dividend Yield: 1.21% 
  • Return on Capital Employed (ROCE): 13.1% 
  • Return on Equity (ROE): 14.8% 

Bajaj Holdings & Investment Ltd. (BHIL) is a good company to invest in. It has grown profits by 19% every year for the last 5 years, which shows it is making good money. The company has very little debt, which makes it less risky. BHIL has become better at using its money. It now takes less time to make profits, which is a good sign. The company pays a small dividend of 1.21%, so investors can get regular money from it. BHIL owns parts of two successful companies: Bajaj Auto Ltd. and Bajaj Finserv Ltd.. This helps BHIL grow as these companies grow. The stock price is not too high. The P/E ratio is 16.0, which is reasonable compared to other companies. However, there are some things to watch. BHIL’s return on equity is 12.2%, which is not very high. Also, a large part of its earnings come from other income (₹6,147 crore), which may not happen every year. 

Overall, BHIL has strong profits, low debt, and a dividend. It can grow with Bajaj Auto and Bajaj Finserv. So, it’s a good buy. 

Trent Ltd
Trent Ltd Revenue Jumps 28% YoY to ₹4,334 Cr – Growth Led by Zudio & Westside Expansion

Business and Industry Overview: 

Trent Limited is a retail company and part of the Tata Group. It is based in Mumbai, India. The company runs stores that sell clothes, footwear, accessories, and groceries under popular brands like Westside, Zudio, Star Bazaar, and Utsa. 

The company was first started as Lakme Limited on December 5, 1952. At that time, it was in the business of making and selling cosmetics, perfumes, and toiletries. In 1998, Lakme decided to exit the cosmetics business and move into the apparel retailing business. This was because India had very few strong fashion brands at that time. 

To begin its new journey, in March 1998, Lakme bought Littlewoods International (India) Pvt. Ltd. from a UK-based company. This company was already selling ready-made clothes. Also, Lakme Exports Ltd., a part of Lakme, merged with Littlewoods, and the new name became Trent Ltd (from January 1, 1998). Later, on July 1, 1998, Trent Ltd merged fully with Lakme, and the company was officially renamed Trent Limited. 

Trent focuses on its own-brand products, quick response to new fashion trends, and keeping prices stable. This strategy helps the company grow fast and stay unique in India’s lifestyle and fashion market. 

Latest Stock News: 

Trent Limited, the retail arm of the Tata Group, has recently seen big changes in its stock price. This happened after it shared its latest financial results. In the fourth quarter of FY25, the company’s revenue grew by 28% and reached ₹4,334 crore. Last year in the same quarter, it was ₹3,381 crore. For the full year ending March 31, 2025, Trent’s revenue was ₹17,624 crore, showing a strong 39% increase compared to ₹12,669 crore the year before. Even though these numbers are good, they were still lower than Trent’s 5-year average growth rate of 36%. Because of this, the stock price fell by 18% on April 7, 2025 — the biggest drop since March 2020. Experts say this fall happened because people are now worried that Trent’s fast growth may slow down. Still, Trent has done very well in the long term. Its sales and profits have grown strongly for many quarters. Net sales grew by 37.18% every year, and operating profit rose by 42.66%. Net profit also grew by 42.83% in the latest report. Trent opened 14 new Westside stores and 62 Zudio stores, including its first international Zudio store in Dubai. The company’s return on capital is 28.9%, which is very strong. But the stock price looks a bit high when compared to the company’s value. In the past year, the stock gave a return of 20.38%, and profits went up by 77.2%. Trent’s market value is ₹1,68,521 crore, and it holds 28.48% of the total retail market. Big investors trust the company, and they hold 36.98% of its shares. Investors are advised to keep an eye on Trent’s future performance to see if it can continue to grow strongly. 

Potentials: 

Trent Limited, the retail arm of the Tata Group, has laid out strong plans for future growth both in India and abroad. One of its key goals is to expand internationally, starting with its first Zudio store in Dubai, which will mainly target Indian customers living there. Back in India, Trent is focusing heavily on growing its Zudio brand, which sells affordable fashion and is very popular among young people. The company plans to open many more Zudio stores across the country. Another big part of Trent’s plan is the Star Bazaar supermarket chain. Trent aims to add around 20 to 25 new Star Bazaar stores in FY25, which will bring the total to nearly 90 stores. This will help them reach more customers in the grocery and daily needs market. Trent is also focusing on selling more private label (in-house) products in its stores. These are products made and sold only by Trent, which helps increase profits and gives customers unique choices. Overall, the company’s plans show that it wants to grow fast, serve more people, and become a bigger name in retail, not just in India, but around the world. 

Analyst Insights: 

  • Market capitalisation: ₹ 1,69,324 Cr. 
  • Current Price: ₹ 4,763 
  • 52-Week High/Low: ₹ 8,346 / 3,801 
  • Stock PE Ratio: 114 
  • Dividend Yield: 0.06% 
  • Return on Capital Employed (ROCE): 23.8% 
  • Return on Equity (ROE): 27.2% 

Trent Ltd. is a retail company. It is part of the Tata Group. It is doing very well in the retail market in India. The company is growing fast. Its revenue has grown at 68.4% every year in the last 3 years. This is because of more stores and more customer demand. Its main brands are Westside and Zudio. The company also made good profit. Net profit grew 83.3% in the last one year. This shows good growth and better operations. The company is now more profitable. In 2013, it had almost zero profit margin. But now, in 2024, the operating profit margin is 16%. This is a big improvement. The company is also using money well. Return on Equity (ROE) is 27.2%, and Return on Capital (ROCE) is 23.8%. These numbers show that the company is giving good returns to its investors. The company has also improved its cash flow. It reduced working capital days from 42.4 to 15.1 days. This means the company is using its money faster and better. It also reduced its debt-to-equity ratio, which means it has less debt now. This makes the company safer. Promoters hold 37.01% shares, and none of the shares are pledged. This shows strong support from promoters and good governance. But there is one big problem. The stock price is very high. P/E ratio is 114x and P/B ratio is 36x. This means the stock is expensive. It is costlier than other retail companies. Most of the good news is already in the price. If the company does not grow as expected, the stock may fall. Also, a big part of recent profit is from Other Income, not from the main retail business. This may not happen every year. 

So, the company is strong and growing. It is good for the long term. But right now, the stock price is too high. It is not the best time to buy. If you already have the stock, keep it. If you want to buy, wait for the price to come down. This is why the recommendation is HOLD. 

Vodafone Idea ltd
Vodafone Idea’s Revival Plan: Government Equity Boost vs Shareholder Value Erosion

Business and Industry Overview: 

Vodafone Group Plc is a multinational telecom firm based in the United Kingdom. Its global headquarters and registered office are located in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania. As of January 2025, Vodafone owns and operates networks in 15 countries, with partner networks in 46 further countries. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on the NASDAQ as American depositary receipts (ADRs). 

India has one of the largest telecom markets in the world, with 1.2 billion telephone subscribers as of May 2024. The rural telecom sector is also growing, with 59.59% of rural areas now having phone connections. Mobile data usage has increased by more than 10 times in recent years. In FY18, total wireless data usage was 4,206 petabytes, which increased to 47,629 petabytes in Q2 FY24. India is also one of the biggest consumers of data in the world. As per TRAI, the average data usage per user was only 61 MB per month in 2014, but in December 2023, it reached 19.47 GB per month. 

There are many opportunities in the telecom sector. By 2026, India will have 350 million 5G users, which will be 27% of all mobile users. The country is also increasing its mobile phone exports. In FY24, exports of mobile phones grew by 42%, reaching $15.6 billion. The demand for skilled workers is also increasing. By 2025, India will need around 22 million workers in fields like 5G technology, artificial intelligence (AI), the Internet of Things (IoT), robotics, and cloud computing. India is also leading in internet usage worldwide. The country ranks 2nd in international mobile broadband internet traffic and international internet bandwidth. 

Vodafone India is the Indian subsidiary of the UK-based Vodafone Group. It provides telecommunications services in India and has its operational head office in Mumbai. The Vodafone Idea network has approximately 375 million subscribers and is the third-largest mobile telecommunications network in India. 

Currently, India is the world’s second-largest telecommunications market, with a total telephone subscriber base standing at 1,203.69 million and having registered strong growth in the last decade. The Indian mobile economy is growing rapidly and will contribute to India’s Gross Domestic Product (GDP), according to a report prepared by the GSM Association (GSMA) in collaboration with Boston Consulting Group (BCG). Vodafone Idea is one of the dominant players in the market, with an 18.19% market share.  

Latest Stock News: 

As of April 8, 2025, Vodafone Idea’s stock fell about 11.4% from ₹8.17 to ₹7.24 on NSE after an earlier rise driven by the government converting ₹36,950 crore of the company’s dues into equity, increasing its stake to 48.99%. SEBI allowed this without an open offer, treating the government as a public shareholder, to avoid financial strain and support the struggling telecom firm. Despite this relief, Vi continues to face challenges—JM Financial expects it lost 4.2 million low-paying users in Q4FY25, though its mobile broadband users may grow by 2 million. ARPU is projected to stay flat at ₹163, and revenue may decline 2.1% to ₹10,900 crore, with EBITDA also falling slightly. In contrast, Jio and Airtel are expected to gain 4 million and 3 million users, respectively, while Vi’s base may shrink to 197 million. Meanwhile, Vi confirmed to stock exchanges that no shares were dematerialised or rematerialised in the March 2025 quarter, with over 99.9999% of shares already in demat form. 

Potentials: 

Vodafone Idea is working hard to fix its problems and get more customers. It plans to improve its 4G network so people can enjoy faster internet and fewer call drops. The company also wants to launch 5G services, but it needs a lot of money to do that. Since Vodafone Idea has a huge debt, it will ask investors for money and take loans to pay what it owes. 

To stop customers from leaving, Vodafone Idea will offer better recharge plans and discounts and improve network quality. It will also expand its services for businesses, offering things like cloud storage, security solutions, and IoT (smart technology) services. The Indian government now owns a big part of Vodafone Idea and might help the company with its financial troubles. 

Vodafone Idea will focus on villages and small towns by offering cheaper mobile plans to attract more users. The company must raise enough money, keep its customers happy, and launch 5G soon if it wants to survive and compete with Reliance Jio and Airtel. 

Analyst Insights: 

  • Market capitalisation: ₹ 51,332 Cr. 
  • Current Price:  ₹ 7.19 
  • 52-Week High/Low: ₹ 19.2 / 6.60 
  • Dividend Yield: 0.00% 
  • Return on Capital Employed (ROCE): -3.61% 

Vodafone Idea has been consistently posting losses, with a net loss of ₹6,609 Cr in Q3 FY24 and negative EPS of ₹-0.95. The company holds a massive debt burden of over ₹2.5 lakh crore, and its book value stands at ₹-13.7, reflecting severe erosion of shareholder equity. While operating margins have improved to 42% and there has been a slight promoter holding increase of 1.48% in the recent quarter, the overall financial health remains weak — with negative profit growth (-56% over 5 years), low sales growth (3%), and negative ROCE (-3.61%). Compared to peers like Bharti Airtel, which are profitable and stable, Vodafone Idea remains a high-risk investment with no clear visibility of turnaround, making it unsuitable for long-term investors. 

JSW Steel Ltd
JSW Steel’s Strong Volume Data Reflects Positive Demand and Future Potential

Business and Industry Overview: 

JSW Steel Ltd is a very big steel company in India. It makes steel for many uses. It is part of the JSW Group. The JSW Group is a big business group in India. It is worth 24 billion US dollars. The group works in many areas. These include steel, energy, cement, paints, B2B e-commerce, defence, green transport, venture capital, and sports. JSW Steel makes many types of steel. These include hot-rolled coils, cold-rolled coils, TMT bars, wire rods, and color-coated steel. These steel products are used in many things. They are used to build houses, roads, bridges, factories, and cars. They are also used in machines and home appliances. The company has big factories in many places in India. These are in Karnataka (Vijayanagar), Tamil Nadu (Salem), and Maharashtra (Dolvi, Tarapur, Vasind, Kalmeshwar). The company has grown bigger by buying other steel companies. It bought Ispat Steel and Bhushan Power & Steel. It also merged with Jindal Vijayanagar Steel Ltd. These steps helped the company become very strong in India. In March 2025, JSW Steel became the most valuable steel company in the world. It had a market value of 30.3 billion US dollars. Its share price also went up in 2025. It gave good returns to its investors. It is one of the best-performing companies on the Nifty 50 index. The JSW Group has around 40,000 workers. These workers are in India, the USA, Europe, and Africa. The group is very proud of its workers. They come from different cultures and places. The group believes its people are its strength.  

Latest Stock News: 

As of April 8, 2025, JSW Steel’s stock is trading at ₹954.75 with a market value of ₹2.34 lakh crore. The stock recently saw ups and downs, but it rose again after news from China about possible economic support, which helped boost metal stocks. JSW Steel also showed strong performance in February 2025, with a 12% rise in total crude steel production compared to last year, and a 13% rise in domestic output. This growth is due to its focus on expanding its capacity. Investors are now waiting for the company’s Q4 results for FY2025, which will show how well the company is doing in terms of profit and business growth. JSW Steel is a big company in the steel industry. It makes products like steel, sponge iron, and pig iron. Recently, experts changed their view about the stock. Before, it was seen as very strong (bullish). Now, it is seen as only a little strong (mildly bullish). This means the stock may still go up, but not very fast. The company is facing some money problems. Its profit before tax and profit after tax have gone down. This means the company is earning less than before. Also, it has a high Debt to EBITDA ratio. This shows the company has taken a lot of loans and may find it hard to repay them. Even with these problems, the company is still not too expensive to buy. It has a return on capital employed (ROCE) of 9.4%, which shows how much profit it makes from the money it uses. The stock is also cheaper than other similar companies in past years. JSW Steel is still a very strong company in the market. Its market value is ₹2,48,091 crore. It is a big part of the steel sector. The stock is also doing better than many other companies in the BSE 500 index. In the last year, the stock gave a return of 17.62%, which is a good sign. 

Potentials: 

JSW Steel wants to grow a lot in the next few years. Right now, it makes 27 million tonnes of steel every year in India. The company wants to increase this. By 2027, it plans to make 37 million tonnes every year. By 2031, it wants to reach 50 million tonnes per year. This means the company will almost double its steel production. To grow, JSW Steel will build new steel plants. It will also work with other companies. The company wants to grow in India and in other countries too. 

One big project is in Maharashtra. JSW Steel will build a steel plant in Gadchiroli. This new plant will be very large. It will make 25 million tonnes of steel every year. The company will spend ₹1 lakh crore on this project. It will take 7 to 8 years to finish. The plant will be clean and use modern technology. It will be one of the biggest and most eco-friendly steel plants in the world. JSW Steel is also working with a South Korean company called POSCO. Both companies will build a steel plant in Odisha. The plant will make 5 million tonnes of steel every year. This project will also help with new ideas like electric car batteries and clean energy. 

Outside India, JSW Steel is also growing. It will spend $110 million in Texas, USA. It will improve its factory there. This will help make better steel. It will also increase work speed and save money. To do all this, the company will spend ₹20,000 crore in the year 2025. JSW Steel believes India’s economy is growing fast. It also believes that steel demand will stay high. That’s why it is investing a lot.  

Analyst Insights: 

  • Market capitalisation: ₹ 2,33,834 Cr. 
  • Current Price: ₹ 956 
  • 52-Week High/Low: ₹ 1,075 / 824 
  • Dividend Yield: 0.76% 
  • Return on Capital Employed (ROCE): 13.3% 
  • Return on Equity (ROE): 11.8% 

JSW Steel is one of the biggest steel companies in India. It has a strong name and large market share. The company sells many steel products. It supplies to many industries like auto, construction, and infrastructure. 

In the last three years, its sales increased by 30% every year. This is a good sign. It shows people want more steel, and the company is growing. But profit only grew by 2% every year. This is very low. It means the company is earning less money even after high sales. 

In Q3 FY24, the net profit fell by 70.6%. It was ₹1,313 crore this quarter, while it was ₹4,357 crore last year. The reason is high raw material costs and low steel prices. These two things hurt the profit. Also, the EBITDA margin dropped to 13% from 17%. This means the company is making less money from each rupee of sales. 

The stock price is also very high. The P/E ratio is 66.8. This is much higher than Jindal Steel’s P/E of 19.9. High P/E means the stock is expensive. It may not be a good time to buy at this high price. 

JSW Steel also has high debt. Total debt is ₹95,258 crore. This is a big amount. The interest coverage ratio is low. This means it may have trouble paying interest if profits fall again. 

But there are some good points. The company is large and strong. It has a good return on equity (17%). It also uses capital well (ROCE is 13%). These numbers show that the business is still healthy. 

So, the company has both good and bad sides. Because of high stock price, low profit growth, and high debt, the stock is not cheap now. It is better to hold the stock. People who already own the stock can keep it. Long-term outlook is still positive. But it is not the best time to buy more right now. 

Lloyds Metals and Energy Ltd
Lloyds Metals and Energy Ltd: Stock Surge, Future Potential & Industry Positioning

Business and Industry Overview: 

Lloyds Metals and Energy Ltd. is an Indian company. It works in the iron and steel business. The company started in 1977. Its main office is in Mumbai, Maharashtra. The company makes sponge iron. Sponge iron is used to make steel. Lloyds also does iron ore mining. It has a big iron ore mine in Gadchiroli, Maharashtra. This mine helps the company get raw materials at a low cost. It is based in Mumbai and is known for making sponge iron (DRI), mining iron ore, and producing pellets. The company has a strong presence in Maharashtra and supplies its products to big steel makers in India and other countries. It is listed on both BSE and NSE. Lloyds has a production capacity of 10 MTPA iron ore, 0.34 MTPA DRI, and 2 MTPA pellets (with Mandovi River Pellets). It also runs power plants with 34 MW capacity. Now, the company is entering steel production with plans to produce 1.2 MTPA long products and 3 MTPA flat products. It is also increasing its DRI capacity to 0.7 MTPA, iron ore to 25 MTPA, and pellets to 12 MTPA, step by step. These expansions will use green energy to protect the environment and lower costs. Lloyds believes in growth for everyone and helps local areas grow too. Its vision is to be a top-quality DRI producer and a low-cost leader in central India, using waste to make power. Its mission is to give good service and products, provide a safe workplace, and support community development. Lloyds is building a big steel plant. The company wants to grow more. It also wants to use clean energy. It plans to make green steel in the future. Lloyds believes in growth for all. It wants to help the people and places where it works. Growth is very important for the company. It has been growing for more than 50 years. It made one of the first sponge iron plants in Maharashtra. It also started iron ore production in the state. Now, the company wants to become a top steel maker in the world. It also wants to help India grow. 

Latest Stock News: 

Lloyds Metals & Energy’s stock has been very active and volatile in recent days. On April 8, 2025, the stock price went up by 4.56%, after falling for three days in a row. It opened with a gap-up of 6.2% and hit a high of ₹1,188.70 during the day. The stock showed a big intraday movement of 20.71%, which means there was a lot of buying and selling. The stock has done better than other companies in the same sector like steel, sponge iron, and pig iron, performing 2.33% better than its peers. It is still above its 200-day average, which is a good sign for long-term performance. But in the short term, it is below its 5-day, 20-day, 50-day, and 100-day moving averages, which means some caution is needed. Even with recent ups and downs, the company has shown strong growth over the past year. Its stock has gone up by about 77–80% in one year. This is much better than the Sensex, which went down by around 0.5% to 2% in the same time. But before April 8, the stock had a sharp fall. On April 7, it dropped by 18.13%, touching a low of ₹1,015. This was part of a sector-wide crash, where metal stocks fell sharply due to Trump’s tariff news and China’s stimulus plans, which made investors nervous. The Nifty Metal Index dropped 8.6%, hitting a new 52-week low. Many metal companies like Hindustan Copper, Nalco, and NMDC also hit their lowest levels. Still, Lloyds Metals performed better than its sector overall, even during the fall. This shows its strong market position and investor interest, despite short-term problems. 

Potentials: 

Lloyds Metals & Energy has many plans for the future. The company wants to grow fast. It will start making two types of steel — long products and flat products. It will make them in large amounts. The company will also increase the production of iron ore, sponge iron (DRI), and pellets. It will make more power using waste and clean energy. This will help save money and protect nature. 

Lloyds is also doing a big project in Gadchiroli, Maharashtra. It is building a pellet plant and a slurry pipeline. The project costs ₹3,000 crore. This project will bring big changes to the area. It will create jobs, better roads, better schools, and better hospitals. It will help women and poor people. It will also help stop Naxal problems. Prime Minister Modi and Chief Minister Fadnavis praised this work. Lloyds wants to grow with the people and help the country too. 

Analyst Insights: 

  • Market capitalisation: ₹ 61,949 Cr. 
  • Current Price: ₹ 1,184 
  • 52-Week High/Low: ₹ 1,478 / 592 
  • P/E Ratio: 40.6 
  • Dividend Yield: 0.07% 
  • Return on Capital Employed (ROCE): 78.3% 
  • Return on Equity (ROE): 56.6% 

Lloyds Metals and Energy Ltd is growing fast. In the last 3 years, its revenue went up by 196%. This means it is selling more. Its net profit went up by 2014%. This shows the company is making much more money now. The company has zero debt. It does not borrow money from banks. This is good because it has no loan to repay. It is safe from interest costs. The company’s ROCE is 78.3%. This means it earns good profit from the money used in business. It is a sign of good management. In FY24, the company made ₹1,526 crore profit. Last year, it was only ₹177 crore. This shows very strong growth. Its profit margin is 30%. For every ₹100 it earns, it keeps ₹30 as profit. This is a high margin. The company has ₹1,701 crore cash flow from its main business. This means it earns real money. Not just profit on paper. Strong cash flow is important. The company’s EPS is ₹29.72. This shows each share gives ₹29.72 profit to shareholders. It is good for investors. The stock gave better returns than other companies in the same field. It is performing well in the stock market. But there are some small problems. The P/E ratio is 40.6. This means the stock is a bit expensive. The price is high compared to the profit. It also trades at 10.4 times its book value. This is higher than normal. It means the stock is priced high. Promoters have reduced their share a little in 3 years. This may worry some investors. Also, the company’s profit changes in each quarter. It is not stable in the short term. But it is doing well overall. The company is strong. It has no debt. It has high profit. It has good growth. It gives a better return than others. So, it is a good stock for long-term investors. 

Hindustan Zinc Ltd
Hindustan Zinc Limited’s Focus Shields It from Tariffs as Company Delivers

Business and Industry Overview: 

Hindustan Zinc Limited (HZL) is a large mining company in India. It produces zinc, lead, silver, and a small amount of cadmium. Zinc is used in many things, like batteries, cars, buildings, and to protect iron from rust. Lead is used in batteries and silver is used in jewellery, electronics, and coins. HZL is the second-largest zinc producer in the world. In India, it produces about 80% of all the zinc made in the country. The company was started in 1966 as a government-owned company. It was created from an old company called Metal Corporation of India. In 2001, the Indian government decided to sell this company. At that time, many public companies were not doing well, so the government wanted to sell them. In 2002, a company called SOVL (Sterlite Opportunities and Ventures Limited) bought 26% of HZL and took control. Later, SOVL bought more shares from the public and the government. By 2003, it owned 64.92% of the company. The government still owns about 29.5%. SOVL then became part of Sterlite Industries. That company later merged with Sesa Goa to become Sesa Sterlite. In 2015, the name changed to Vedanta Limited. So today, Vedanta Limited owns HZL. HZL runs many mines in Rajasthan, a state in India. The most famous mine is Rampura Agucha, which is the biggest zinc mine in the world. Other mines are in Rajpura Dariba, Sindesar Khurd, Kayad, and Zawar. These mines are all located in Rajasthan. The company also has factories called smelters. These are places where the raw metal from the mines is cleaned and turned into pure metal. These smelters are in Chanderiya, Debari, Dariba (all in Rajasthan), and Pantnagar in Uttarakhand. There is also one in Visakhapatnam in Andhra Pradesh, but it has been closed since 2012. In the year 2014–15, the company produced 8,80,000 tonnes of metal from these smelters. HZL also cares about sports and young talent. It runs a football club called Zinc Football Academy. It is based in Zawar, a small town near Udaipur, Rajasthan. The club plays in the R-League A Division, which is the top football league in the state. Zinc FA has also won the league title. 

Today, HZL is a very successful company. It earns good profits and plays a big role in India’s metal industry. It also tries to protect the environment by using clean methods in its work. It is working on using sustainable and green practices to save energy and reduce pollution. 

Latest Stock News: 

In the first week of April 2025, the share price of Hindustan Zinc Limited (HZL) went down sharply. It fell by 12.68% in just three days. On April 7, 2025, the stock dropped a lot. It fell by 9.83% in one day. The lowest price it touched was ₹385.05 per share. This happened because the metal sector was under pressure. Prices of non-ferrous metals like zinc, lead, and silver went down. Other metal company shares also dropped. But HZL’s fall was bigger than others. Experts said the fall may be due to global demand worries. Also, some investors were booking profits after earlier gains. 

In the same week, Vedanta Limited, the parent company of HZL, announced a big investment plan. Vedanta will invest $20 billion in different sectors over 3 years. Out of this, $2 to $2.5 billion will go to Hindustan Zinc. This money will help HZL to increase its production and grow its business. 

Also in early April, HZL gave its Q4 production update. It said that mined metal production increased by 4% compared to last year. The company produced 310,000 tonnes of metal in the quarter. This growth came from better metal quality, good performance in mills, and higher output from the Agucha and Zawar mines. In the fourth quarter of financial year 2025 (4QFY25), Hindustan Zinc Limited (HZL) achieved its highest ever mined metal production of 310 thousand tonnes, which was 17% higher than the last quarter. This increase came from better metal quality, good recovery in mills, and more output from the Agucha and Zawar mines. The company also produced 270 thousand tonnes of refined metal, up 4%, with refined zinc at 214 kt (up 5%) and lead at 56 kt (up 2%). Saleable silver production reached 177 metric tonnes, 10% higher, due to more lead production and better use of in-process materials. Wind power generation also rose to 63 million units, up 33%, helped by stronger wind speeds. This shows that HZL had a strong and improved performance in this quarter. 

In March 2025, HZL said it will raise ₹500 crore by selling bonds. These are non-convertible debentures (NCDs). This is the first time in four years that HZL is raising money through bonds. The money will be used for business needs and plans. 

Also in March, HZL’s Chairperson Priya Agarwal Hebbar made an important announcement. She said that the company wants to double its metal production to 2 million tonnes per year by 2030. She also said HZL will enter the critical minerals sector. These minerals are needed for electric vehicles, batteries, and clean energy products. 

Potentials: 

Hindustan Zinc Limited (HZL) has strong plans to grow its business and support clean energy. The company wants to double its metal production from around 1 million tonnes to 2 million tonnes per year by 2030. To do this, it will invest in new technologies, better mining, and more smelting capacity. HZL also plans to enter the critical minerals sector, which includes special metals like lithium, cobalt, and rare earth elements. These metals are very important for making batteries, electric vehicles, and clean energy tools. This step will help India reduce its dependence on other countries for green technology. HZL’s parent company, Vedanta Limited, has announced a $20 billion investment plan, and ₹2 to ₹2.5 billion will be used to help HZL grow. The company is also raising ₹500 crore through bonds to get more funds for these projects. HZL wants to become one of the top metal producers in the world, and also become a key player in India’s green and sustainable future. 

Analyst Insights: 

  • Market capitalisation: ₹ 1,70,555 Cr. 
  • Current Price: ₹ 404 
  • 52-Week High/Low: ₹ 808 / 340 
  • P/E Ratio: 18.0 
  • Dividend Yield: 7.28%
  • Return on Capital Employed (ROCE): 46.2% 
  • Return on Equity (ROE): 55.2% 

Hindustan Zinc Ltd is a strong company. It makes good profits and uses its money well. Its Return on Equity (ROE) is 55.2% and Return on Capital Employed (ROCE) is 46.2%. This means the company earns high returns from the money it uses. Its Operating Profit Margin (OPM) is above 50%, which shows good control over costs. The company is also almost debt-free, which means it does not have to pay much interest. It gives a high dividend yield of 7.28%, which is good for investors who want regular income. 

Hindustan Zinc is India’s biggest zinc producer. It has 75% market share in India. It is also the third-largest silver producer in the world. This makes its income strong and steady. The company earns 25% of its revenue from exports, which means it sells to other countries too. It needs very little working capital, so it keeps more cash. All this makes the company strong. 

But there are a few problems. The stock is very expensive. Its Price-to-Book ratio is 22.5, which is higher than other similar companies. Also, the promoters have pledged 93.5% of their shares. This is a risk. It shows the promoters may have taken out large loans using their shares. Growth is also a bit slow. In the last five years, sales grew by 7% per year and profits by 9% per year, which is not very high. 

So, the company is strong and pays good dividends. But the stock is costly and there are risks. Because of this, it is better to hold the stock. It is good for long-term investors, but not a strong buy at the current price. 

Cipla Ltd
Cipla Share Price Under Pressure Despite Strong Growth: Smart Investment or Risky Bet?

Business and Industry Overview: 

Cipla Ltd is a large medicine company from India. It started in the year 1935. The founder was Dr. Khwaja Abdul Hamied. The company is based in Mumbai. Cipla has been working for more than 80 years. Its goal is to care for life. The company makes good-quality medicines. These medicines are also low-cost. Cipla wants to help people who cannot afford expensive treatment. That is why many doctors and patients trust Cipla. People in over 80 countries use Cipla’s medicines. Cipla makes over 1,500 products. These products come in more than 50 types or dosage forms. Cipla’s medicines help with many health problems. These include asthma, heart disease, diabetes, arthritis, depression, and HIV/AIDS. Cipla has 47 factories around the world. It is growing fast in India, South Africa, and the United States. It is also growing in other developing countries. The company wants to make healthcare easy and affordable for more people. One of Cipla’s biggest moments was in 2001. At that time, many people in Africa could not get HIV/AIDS medicine. Cipla offered a triple therapy for HIV/AIDS. It costs less than 1 dollar a day. This helped many poor people stay alive. It also changed how the world saw healthcare. It showed that life-saving medicines can be made cheap and accessible. Cipla is also a responsible company. It cares for the communities where it works. It works with global health groups and other partners. People like Cipla because of its humanitarian work. Helping people is always Cipla’s main purpose. Cipla will keep working to save lives. It will continue to offer safe, good, and affordable medicines to the world. 

Latest Stock News: 

Cipla Ltd is a big company in the medicine industry. Today, its stock price went very low. It reached a 52-week low of ₹1,310.05. In the last 2 days, the stock price fell by 7.57%. Today, it opened with a loss of 7.45%. Even with this fall, Cipla did better than other pharma companies. The full pharma sector fell by 3.8%. Cipla’s stock is now below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This means the stock is in a downtrend. The price is going down again and again. In the past year, Cipla’s stock went down by 4.23%. At the same time, the Sensex (market index) fell by 2.46%. So, Cipla did worse than the overall market. But the company is still doing well. It has shown good profit growth. Its operating profit is growing at 21.54% every year. Cipla gave positive results in the last 7 quarters. That means Cipla has been doing well for almost 2 years. Cipla also has low debt. It is not borrowing too much money. The ROCE (Return on Capital Employed) is 22.24%. This number is good. It shows Cipla is using its money in a smart way. But there is one problem. The promoters (main owners of the company) sold some of their shares. Their holding went down by 1.73%. This may show that they are less confident about the future. Right now, Cipla’s stock is facing mixed signals. The company is financially strong, but the market is not happy. Investors are watching closely. 

Potentials: 

Cipla Ltd. has strong plans for the future, focusing on growth, innovation, and global expansion. The company wants to grow in big markets like the United States by launching new medicines and buying or partnering with other companies, especially in complex generics and specialty drugs. In India, Cipla plans to reach more people by moving into smaller cities (Tier 2 to Tier 6). In Africa, Cipla is focusing on big cities and helping people who don’t have easy access to healthcare. The company also spends a lot on research and development (R&D) — around ₹1,571 crore every year, which is 6% of its income — to make new and better medicines, including for respiratory problems and injections.  It is also working on bringing new anti-diabetes medicines to India by teaming up with big global firms. On the environment side, Cipla has big goals. By December 2025, it wants to make its India factories carbon neutral, water neutral, and send zero waste to landfills. It is using more renewable energy to reach these goals. Cipla is also planning to join the obesity drug market in India, which is growing fast. It may work with companies like Eli Lilly and is also making its versions of these medicines. All these steps show that Cipla is working hard to grow, help more people, and stay strong in the global medicine market. 

Analyst Insights: 

  • Market capitalisation: ₹ 1,11,806 Cr. 
  • Current Price: ₹ 1,384 
  • 52-Week High/Low: ₹ 1,702 / 1,274 
  • P/E Ratio: 22.5 
  • Dividend Yield: 0.96%
  • Return on Capital Employed (ROCE):22.8 % 
  • Return on Equity (ROE):16.8 % 

Cipla Ltd is a strong and stable company. Its profit increased from ₹1,545 crore in FY13 to ₹4,987 crore in the last twelve months. This shows that Cipla is growing well. The Earnings Per Share (EPS) also went up from ₹19.24 to ₹61.79. This means the company is giving better returns to its shareholders. The company’s operating profit margin (OPM) improved from 22% in December 2023 to 28% in December 2024. This shows Cipla is managing its costs better and earning more from its core business. The company has very little debt. This makes it safe during tough times and helps it to invest more in future growth. Cipla’s Return on Capital Employed (ROCE) is 22.8%, and Return on Equity (ROE) is 16.8%. These numbers show that Cipla is using its money and capital in a good way. Cipla is a top company in India for respiratory medicines. It also sells complex generic and special medicines in India and other countries like the US and South Africa. It is investing in digital health and working with tech health platforms. This will help Cipla grow more in the future. The company gives regular dividends. Its dividend payout ratio is 22%, which shows strong cash flow and care for shareholders. Sales growth was slow in the past five years, and promoter holding has gone down. But the company is still strong with a good balance sheet and smart plans. Because of all these reasons, Cipla is a good stock for long-term investors. So, the recommendation is to buy. 

ONGC Ltd
ONGC Share Price Target 2025: PSU Stock Falls 8% as Crude Oil Prices Dip — Buy or Sell Now?

Business and Industry Overview: 

Oil and Natural Gas Corporation (ONGC) is a government-owned company. It is the biggest oil and gas company in India. It was started in the year 1956. ONGC produces around 71% of India’s oil and gas. This means most of the oil and gas used in India comes from ONGC. 

The oil that ONGC brings out from the ground is called crude oil. Crude oil cannot be used directly. It is sent to other companies like IOC, BPCL, HPCL, and MRPL. These companies change crude oil into useful things like petrol, diesel, LPG (cooking gas), kerosene, and naphtha. HPCL and MRPL are not just customers—they are also subsidiaries of ONGC, which means they are owned by ONGC. 

ONGC is a special company because it can do all the work by itself. It can find oil, drill oil, bring it out, and provide services for oil fields. It does not depend on other companies. ONGC works in very hard places like the deep seas and deserts. Still, its team of about 26,000 workers works day and night. That is why ONGC won the Best Employer award. 

ONGC also has a company called ONGC Videsh Limited (OVL). This company works outside India. It looks for oil and gas in other countries. OVL is working in 15 countries and runs 35 oil and gas projects. OVL gives about 30.3% of the oil and 23.7% of the oil and gas that India uses. This makes OVL the second-largest oil company in India, after ONGC. 

Another company owned by ONGC is MRPL – Mangalore Refinery and Petrochemicals Limited. MRPL is a big oil refinery. It can clean and process 15 million metric tons of oil every year. MRPL can handle many types of crude oil. It makes many fuel products. MRPL and ONGC also run another unit called OMPL, which makes para xylene and benzene, two important chemicals. 

ONGC also owns HPCL – Hindustan Petroleum Corporation Limited. HPCL is a very big company too. It has the second-largest oil pipeline network in India. It has more than 3,370 km of pipelines. HPCL has 14 zonal offices, 133 regional offices, and many fuel stations, LPG plants, aviation fuel stations, and shops that sell oil and gas products. HPCL has a team of over 9,500 employees working across the country. 

In the year 2022–23, ONGC earned about 77.5 billion US dollars in revenue. It is one of the most important companies in India’s energy sector. It helps the country get oil and gas and reduces the need to buy from other countries. ONGC plays a big role in India’s economy and energy security. 

Latest Stock News: 

At the start of the week, oil prices dropped sharply. This happened because Saudi Arabia cut the price of its main crude oil by the biggest amount in over two years. There is also a trade war going on, which brings fears of a global recession and weaker demand for oil. Saudi Aramco, the state oil company, reduced the price of Arab Light crude by $2.3 per barrel for buyers in Asia. This came soon after the OPEC+ group announced that it would increase oil production more than expected. In the US, leaders said that there is no danger of inflation or recession, even after putting tariffs on all imported goods. But China, the biggest oil buyer, announced tariffs in return. These trade tensions are making oil prices even more unstable. Crude oil prices have dropped fast because of these tariffs and the OPEC+ production hike. President Trump asked OPEC+ to cut oil prices. He wants to reduce inflation and put pressure on Russia to help end the Ukraine war. These global events have affected ONGC badly. As of April 7, 2025, ONGC’s share price fell over 6% and closed at ₹210.96. During the day, it even hit a 52-week low of ₹205.00. In the last 3 months, the stock has dropped by around 18.9%. When oil prices fall, it is bad for companies like ONGC and Oil India. Their profits go down because the price they get for crude oil falls. But the products made from oil (like petrol and diesel) don’t fall in price as quickly. So, refineries that bought oil earlier at high prices may face inventory losses. Meanwhile, other global oil companies are seeing mixed results. Exxon Mobil expects a $900 million profit boost because oil and gas prices were higher earlier. But Shell had to cut its gas production forecast due to bad weather and maintenance issues. This shows that the global oil market is unstable. Prices, demand, and production are all changing quickly. Investors should keep watching ONGC’s performance and compare it with the global oil and gas trends. 

Potentials: 

ONGC, which is India’s biggest oil and gas company, is now making a big shift towards clean energy. The company has decided to invest a very large amount of money — around $11.5 billion (₹1 lakh crore) — in renewable energy by the year 2030. This is 100 times more than what it is spending in the current year. The aim is to reduce pollution and produce cleaner energy for the country. Right now, ONGC has only 193 megawatts (MW) of solar and wind energy. But by 2030, it wants to build a total of 10,000 megawatts (10 gigawatts) of clean energy capacity. This includes energy from the sun (solar), wind, water (hydro), and even compressed biogas, green ammonia, and green hydrogen, which are all environment-friendly energy sources. 

To move faster, ONGC has already started work to build 1,000 MW (1 gigawatt) of solar and wind projects. The company is also planning to buy other clean energy businesses to increase its renewable power quickly. In November 2024, ONGC joined hands with NTPC, another major government company in power, to create a new joint venture (JV). This JV will combine the clean energy units of both companies and work together on big projects. The JV is also planning to buy Ayana Renewable Power, a company that owns solar and wind plants worth $2.3 billion, which will give ONGC a big push in the green energy space. 

ONGC’s Finance Director said that India needs more energy, and not just from oil and gas. That is why it makes sense for ONGC to grow in the clean energy sector. While many global oil companies are cutting down on green energy investments, ONGC is doing the opposite. It is investing more to support India’s energy needs more cleanly. This is not just good for the environment but also a smart move for ONGC’s future growth. 

Analyst Insights: 

  • Market capitalisation: ₹ 2,72,049 Cr. 
  • Current Price: ₹ 216 
  • 52-Week High/Low: ₹ 345 / 209 
  • P/E Ratio: 6.84 
  • Dividend Yield: 5.66%
  • Return on Capital Employed (ROCE): 18.4% 
  • Return on Equity (ROE): 16.3% 

ONGC is a strong company. It is very important for India’s energy needs. It gives about 71% of India’s crude oil and 72% of its natural gas. This shows it is a leader in the industry. The company is making a good profit. In Q3 FY24, it made a profit of ₹9,869 crore. This means it is working well even when oil prices change. Its Return on Equity (ROE) is 16.3% and Return on Capital Employed (ROCE) is 18.4%. This means the company uses money well and earns good profit. 

The stock is cheap when compared to others. Its Price-to-Earnings (PE) ratio is 6.84, which is lower than the industry average of 12.71. This shows the stock is undervalued. The Price-to-Book ratio is below 1, and the stock price is lower than its book value of ₹280. This gives safety to investors. ONGC also gives a high dividend yield of 5.66%, which means good extra income. The company has big reserves of ₹2,93,502 crore and no promoter pledging. It also has positive cash flows. This makes the company safe and strong. Even when oil prices fall, ONGC makes a profit and gives dividends. So, it is good for long-term investors. It is a buy. 

Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shares Drop After Govt’s OFS Expansion – Is the Long-Term Story Still Strong?

Business and Industry Overview: 

Mazagon Dock Shipbuilders Limited (MDL) is a shipbuilding company. It is owned by the Government of India and works under the Ministry of Defence. Its main office and shipyard are in Mazagaon, Mumbai. MDL builds warships and submarines for the Indian Navy. It also makes ships for oil companies that work in the sea. These ships help in oil drilling and transporting materials. MDL also makes many other types of ships. These include tankers, cargo ships, passenger ships, ferries, patrol boats, missile boats, and tugs. It also makes platforms used in deep-sea oil drilling. Along with building new ships, MDL also repairs and upgrades old ships and submarines. The company is led by Vice Admiral Narayan Prasad (Retired). He became the Chairman and Managing Director in December 2019. 

MDL has two main types of work – shipbuilding and submarine building. It builds ships and submarines for India’s defence needs. It also makes offshore oil platforms. MDL has the ability to build very large ships – up to 30,000 deadweight tons (DWT). Its shipyards are located on both the island and mainland parts of Mumbai. 

In 2024, MDL had the space and capacity to build 11 submarines and 10 warships at the same time. It is also planning to grow more. MDL will spend around ₹5,000 crore (about $580 million) to expand its facilities. A major part of this money – over ₹1,000 crore – will be used to develop a new shipyard at Nhava, near Mumbai. The work at this new site includes building a jetty, doing dredging work, and setting up a floating dry dock. 

The floating dry dock is being made by a private company called Shoft Shipyard in Gujarat. The dock will be made in parts and put together at the Nhava site. It will be able to hold eight large ships at the same time. This dock will help MDL build and repair bigger commercial ships and future Navy destroyers. 

MDL is also making another ship repair and construction area on 15 acres of land leased from Mumbai Port Authority. It also plans to build a new graving dry dock, which is a special type of dock used to build or repair ships. These steps will double MDL’s capacity in the coming years. Submarine work will still be done in the current shipyard because submarines need special, smaller spaces. 

In January 2024, MDL received a big contract worth ₹1,070 crore to build 14 fast patrol boats for the Indian Coast Guard. This shows the trust the government has in MDL’s abilities. 

Today, MDL is one of India’s most important defence companies. It supports the Indian Navy and helps in making the country self-reliant in shipbuilding. 

Latest Stock News: 

Mazagon Dock Shipbuilders Limited (MDL) is facing a big fall in its stock price. In the last two days, the stock went down by 13.42%. On April 7, 2025, the stock fell by 7.95% in one day. This fall was more than the Sensex, which dropped by 3.42%. The main reason for this fall is the government’s decision to sell its shares. The Government of India said it will sell up to 4.83% of its shares in the company. It was first planned to sell 2.83%, but later added 2% more after good demand. The shares were sold at ₹2,525 each, which was 8% less than the market price. Because of this big sale, the number of shares in the market increased. This caused the price to fall. The stock price touched ₹2,207.30. Even after the fall, MDL’s stock is still above its 50-day, 100-day, and 200-day average prices. This means the stock is strong in the long term. But it is below its 5-day and 20-day averages, which shows weakness in the short term. The shipbuilding sector is also not doing well. It has dropped by 6.03%. MDL has a beta of 1.59. This means its stock moves up and down more than the market. So, the stock reacts more to market changes. Even though the stock is down now, MDL is still strong because it has many orders and is important for India’s defence. It may do well in the future. 

Potentials: 

Mazagon Dock Shipbuilders Limited (MDL) has big plans for the future. The company wants to grow more in the defence and shipbuilding sector. It is spending ₹5,000 crore (about $580 million) to expand its work. A large part of this money (more than ₹1,000 crore) will be used at its Nhava facility near Mumbai. This land is 40 acres in size. The company will build a new jetty (a place where ships can dock) and other important structures. MDL is also building a floating dry dock here. For this, it gave a contract of ₹475 crore to a private company called Shoft Shipyard in Gujarat. This dock is made of six blocks. Four blocks are ready. These will be moved to Nhava and joined together. 

The floating dry dock will be very big. It will be 180 meters long, 44 meters wide, and 19.5 meters high. It can work on eight large ships (each weighing around 12,800 tonnes) at the same time. This dock will help MDL repair and build large commercial ships and new warships like the Next Generation Destroyers. 

Apart from this, MDL is also planning to use 15 acres of land from Mumbai Port Authority. On this land, it will build a new shipbuilding and ship repair facility. It also plans to build a second large dry dock that is about 180 meters long and 60 meters wide. This will help the company double its shipbuilding and repair capacity. MDL is also ready to build more submarines in its current facility, because submarines need less space. 

The company is also focusing on getting export orders. It wants to build ships for other countries. MDL aims to become a big name not just in India, but also in the world. 

Analyst Insights: 

  • Market capitalisation: ₹ 92,457 Cr. 
  • Current Price: ₹ 2,292 
  • 52-Week High/Low: ₹ 2,930 / 1,045 
  • P/E Ratio: 33.5 
  • Dividend Yield: 0.59% 
  • Return on Capital Employed (ROCE): 44.2% 
  • Return on Equity (ROE): 35.2% 

Mazagon Dock Shipbuilders Ltd. is a strong company with good performance. Its profit has grown well in the last five years with a 29% CAGR. In the last twelve months, its profit went up by 72%. The company has almost no debt. This means it is financially safe. It also uses its money well. The ROCE is 44.2% and ROE is 35.2%, which are very good. The company is the only one in India that can build submarines and destroyers. So, it gets many orders from the Indian government. This gives steady income for the future. 

But the stock price has already gone up more than 130% in the last year. Now, it is expensive. It is trading at 12.8 times its book value. This shows that good news is already included in the price. The company also has very high contingent liabilities of ₹37,139 crore. This is more than 20 times its yearly revenue. If any of these liabilities become real, it can hurt the company. Also, its revenue growth has slowed recently. If there are delays or changes in government orders, it may face problems. 

So, the company is strong but the stock price is high and risky. People who already have the stock can hold it or book some profit. It is not the best time to buy new shares.