Published on: March 20, 2025
KPI Green Energy Ltd. saw its share price rise by 3.87% to ₹415 apiece after its subsidiary, Sun Drops Energia Pvt., received letters of award for developing 14.9 MW of solar power projects under the captive power producer business segment. These projects, granted by multiple clients, are set for phased completion by the financial year ending March 2026.
The news boosted investor confidence, highlighting KPI Green’s ability to secure large-scale contracts in the competitive renewable energy sector. The Surat-based company specializes in solar and wind power projects, operating under both captive and independent power producer models. It is also recognized for its hybrid solar-wind energy solutions that enhance efficiency and output.
As of 11:29 a.m., the stock pared some gains, trading 2.11% higher at ₹408, compared to a 0.64% rise in the NSE Nifty 50. Despite today’s gains, KPI Green’s stock has declined 17.7% over the past 12 months and 25.1% year-to-date. Trading volume stood at 0.9 times its 30-day average, with an RSI of 54. Bloomberg data indicates that only one analyst is tracking the company, maintaining a ‘buy’ rating, but there is no consensus 12-month price target.
Published on: March 20, 2025
Paras Defence and Space Technologies Ltd. witnessed a sharp rise of 9.84% in its share price, reaching ₹1,047 apiece, after announcing a major ₹142.31 crore order from the Defence Research and Development Organisation (DRDO). The contract, awarded by DRDO’s Center for High Energy Systems & Sciences (CHESS), involves developing a Laser Source Module and integrating it with a Beam Control System (BCS) on a mobile platform, designed for anti-drone and anti-missile applications.
The project, expected to be completed within 24 months, marks a milestone for Paras Defence in air defence technologies. Director Amit N. Mahajan highlighted that this order positions the company as a key global player in laser-based defence systems, with further opportunities in optics, optronics, electromagnetics, and defence electronics.
Paras Defence, headquartered in Mumbai, specializes in advanced defence and space technology solutions, including drones, electromagnetic shielding, and heavy engineering. Over the past year, its stock has surged 59.50%. As of 10:09 a.m., the stock pared some gains, trading 4.94% higher at ₹1,000, compared to a 0.34% rise in the NSE Nifty 50. Trading volume was 13 times its 30-day average, with an RSI of 60. Bloomberg data indicates only one analyst is tracking the stock, maintaining a ‘buy’ rating.
Published on: March 19, 2025
Bajaj Auto shares will be in the spotlight after the company’s board approved key decisions, including the five-year reappointment of Rajivnayan Rahulkumar Bajaj as Managing Director & CEO, effective April 1, 2025. Additionally, the board has sanctioned a ₹1,500 crore fund infusion into Bajaj Auto Credit (BACL) to support its expansion and asset growth.
📌 Key Announcements:
🔹 🏆 Leadership Continuity: Rajiv Bajaj’s Term Extended
>Rajiv Bajaj, who has been with Bajaj Auto since 1990 and served as MD since 2005, will continue for another 5 years.
>The decision was made based on recommendations from the Nomination & Remuneration Committee.
>Olympic gold medalist Abhinav Bindra has been appointed as a Non-Executive Independent Director for five years starting May 20, 2025.
🔹 💰 ₹1,500 Crore Investment in Bajaj Auto Credit
>The investment will be in the form of equity capital, preference capital, or subordinated debt.
>This fund infusion will support BACL’s national expansion and growth in Assets Under Management (AUM) in FY2025-26.
>BACL, a wholly-owned NBFC subsidiary of Bajaj Auto, focuses on vehicle financing for Bajaj Auto’s customers.
>As of March 31, 2024, BACL had a turnover of ₹16.65 crore and a net worth of ₹258.23 crore.
🔹 📉 Stock Performance: Mixed Returns for Bajaj Auto
>1-Year Performance: Down 10.66%, underperforming the sector by 17.5%.
>3-Year Performance: Delivered 108.56% returns to investors.
>Sector Comparison: Underperformed Nifty50, Sensex, and the overall auto sector in the past year.
🚀 With leadership continuity and a strategic financial push, Bajaj Auto gears up for future growth despite short-term stock underperformance!
Published on: March 19, 2025
Several stocks, including Vodafone Idea, Ola Electric, JP Power, YES Bank, Tata Steel, MobiKwik, and Suzlon Energy, witnessed massive trading volumes on the NSE on Wednesday, indicating strong investor interest. Meanwhile, BSE Ltd, Zomato, Reliance Industries, Tanla Platforms, and Mazagon Dock led the turnover charts.
📢 Key Stock Highlights:
🔹 📡 Vodafone Idea (VIL) – 5G Launch Boosts Stock
🔸 Stock Surge: +4.65% to ₹7.43 📈
🔸 Trading Volume: 23.8 crore shares (₹176 crore turnover) 🔥
🔸 Catalyst: Launched 5G services in Mumbai with an introductory unlimited data offer on ₹299+ plans 📶
🔹 🚗 Ola Electric Mobility – On the Rise
🔸 Stock Up: +3.28% to ₹54.50 🚀
🔸 Volume: 7.77 crore shares (₹425 crore turnover) 📊
🔸 Brokerage Outlook: Kotak Equities sees profitability improving via cost-cutting, but growth may underwhelm Street estimates
🔹 ⚡ JP Power – Strong Rally
🔸 Stock Jump: +10.39% to ₹14.77 ⚡
🔸 Shares Traded: 5.3 crore (₹76 crore turnover) 📈
🔹 🏦 YES Bank – Investor Interest Rises
🔸 Stock Gain: +2.92% to ₹16.92 💰
🔸 Volume: 4.67 crore shares (₹78 crore turnover) 💹
🔹 🛠️ Tata Steel – Steel Sector in Focus
🔸 Stock Up: +2.32% to ₹158.25 🏗️
🔸 Heavy Trading: 4.29 crore shares (₹678 crore turnover) 🔥
🔸 Trigger: DGTR recommends a 12% safeguard duty on steel imports to protect domestic manufacturers
🔹 💳 MobiKwik – Fintech Stock Soars
🔸 Stock Surge: +13.29% to ₹337.55 📊
🔸 Huge Volume: 3.91 crore shares (₹1,298 crore turnover) 🚀
🔹 🌿 Suzlon Energy – Green Energy Play
🔸 Stock Up: +3.4% to ₹56.85 ⚡
🔸 Shares Traded: 3.81 crore 📈
🔹 🍽️ Zomato – Strong Momentum
🔸 Stock Gain: +3.03% to ₹224.81 🍔
🔸 Volume: 3.62 crore shares 📊
📊 🔝 Top Stocks by Turnover:
✔️ BSE Ltd: ₹1,378 crore 🔥
✔️ MobiKwik: ₹1,298 crore 🚀
✔️ Zomato: ₹824 crore 🍽️
✔️ Mazagon Dock: ₹689 crore ⚓
✔️ Tata Steel: ₹681 crore 🏗️
🚀 Markets Stay Active as Key Stocks Witness High Volumes & Investor Interest! 📈🔥
Published on: March 19, 2025
Shares of GR Infraprojects Ltd jumped 14.45% intraday to ₹1,076.30 on March 19, 2025, after the company secured a ₹4,262.78 crore highway project from the National Highways Authority of India (NHAI). The stock continued its strong performance, trading 14.09% higher at ₹1,072.85 at 11:05 AM, outpacing the Sensex, which was up 0.26%.
📢 Key Highlights:
🔹 Stock Movement & Market Performance:
🔸 Intraday High: ₹1,076.30 📈
🔸 Market Cap: ₹10,378.78 crore 💰
🔸 52-Week High: ₹1,859.95 | 52-Week Low: ₹902.05 📊
🔹 Project Details:
🔸 Contract Value: ₹4,262.78 crore ✅
🔸 Project Scope: Construction of Agra-Gwalior Greenfield Road in two sections 🚧
🔸 Coverage: Uttar Pradesh, Rajasthan & Madhya Pradesh 📍
🔸 Execution Model: DBFOT (Design, Build, Finance, Operate, Transfer) – BOT (Toll) 🚦
🔸 Timeline: Expected completion in 910 days ⏳
🔹 GR Infraprojects: A Leader in Infrastructure Development
🔸 Founded in 1995, the company is a key player in EPC & BOT projects 🏗️
🔸 Completed over 100 road projects across 16 states in India 🌏
🔸 Expanding into railways, metro, airport runways & power transmission 🚆⚡
🔸 Currently manages 10 operational infrastructure assets
📢 Market Outlook:
✔️ Winning large-scale infrastructure contracts strengthens GR Infraprojects' growth prospects
✔️ Strong execution capabilities position the company as a leader in India’s expanding highway network
✔️ With a diversified portfolio, the company is well-placed for long-term expansion in the infrastructure sector
🚀 GR Infraprojects continues to pave the way for India's infrastructure boom! 🏗️🛣️
Published on: March 19, 2025
Shares of KPI Green Energy jumped nearly 4% intraday to ₹398.3, following the company’s announcement of ₹272 crore financing from NaBFID to fund hybrid power projects in Gujarat. The stock extended its three-day rally despite a 27% decline in 2024, outperforming the Nifty 50, which fell 3.25% YTD.
📢 Key Highlights:
🔹 Stock Movement:
🔸 Gained 3.99% intraday before settling 2.6% higher at ₹393 at 10:54 AM 📈
🔸 Market Cap: ₹7,734.8 crore 💰
🔹 Project Financing & Expansion:
🔸 ₹272 crore financing sanctioned by NaBFID for hybrid power project in Bharuch, Gujarat ⚡
🔸 Project Details: 50 MW hybrid capacity (75.2 MWp solar + 16.95 MW wind) 🌞💨
🔸 25-Year PPA Signed with Gujarat Urja Vikas Nigam Limited (GUVNL) ✅
🔸 Target: 10 GW total capacity by 2030 🚀
🔹 Strong Financial Performance (Q3 FY25):
🔸 Net Profit: ₹84.5 crore (+67% YoY) 📊
🔸 Revenue: ₹458.36 crore (+38.8% YoY) 💹
🔸 Profit Before Tax: ₹114.95 crore (+60.2% YoY) 📈
📢 Market Outlook:
✔️ Financial support strengthens KPI Green Energy’s expansion plans in renewables
✔️ Gujarat project to enhance green energy portfolio & boost revenue growth
✔️ Stock rally supported by robust earnings & long-term clean energy potential
💡 KPI Green Energy continues to strengthen its position as a key player in India’s renewable energy transition! 🌱⚡
Published on: March 19, 2025
Shares of ITC Hotels extended their rally, gaining 6% intraday to ₹188.20, following a 13% surge over the past three sessions. The stock is now trading close to its 52-week high of ₹189 recorded on January 29, 2025.
📢 Key Highlights:
🔹 Market Performance:
🔸 Stock up 6% intraday, adding to previous day’s 6% gain 📈
🔸 Trading 5% higher at ₹187.25 at 09:46 AM, outperforming the BSE Sensex (0.05% gain)
🔸 6.1 million shares traded across NSE & BSE 💰
🔹 Q3 FY25 Performance:
🔸 Best-ever quarterly revenue: ₹922 crore (+14.6% YoY) 📊
🔸 Profit before tax: ₹302 crore (+43.4% YoY) 🚀
🔸 EBITDA margin expansion: +450 bps YoY fueled by higher RevPAR & cost efficiency
🔸 5 new properties opened (330 rooms), 29 hotels signed in the last 12 months 🏨
🔹 Brokerage Ratings & Outlook:
🔸 Jefferies Initiates 'Buy' Rating: Target price ₹240 (base case), ₹280 (bull case) 📊
🔸 Key growth drivers: Greenfield expansion, asset-light model, post-demerger re-rating
🔸 MOFSL Forecasts Strong Q4 FY25: 12-14% YoY RevPAR growth driven by weddings, MICE events, & corporate travel 🎯
📢 Market Outlook:
✔️ ITC Hotels poised to benefit from strong industry tailwinds & demand surge
✔️ Demerger from ITC Ltd. expected to unlock independent growth potential
✔️ Stock approaching all-time highs with analysts expecting further upside
💡 ITC Hotels remains a key player in India’s hospitality sector, riding high on earnings momentum & bullish market sentiment! 🚀
Published on: March 19, 2025
Zydus Lifesciences rose 3% intraday to ₹930 after securing final approval from the USFDA to manufacture Apalutamide Tablets, 60 mg for treating metastatic castration-sensitive prostate cancer. However, the stock later pared gains to trade 0.9% higher at ₹910.40 around 2 PM.
📢 Key Highlights:
🔹 USFDA Approval: Zydus will manufacture Apalutamide Tablets at its Ahmedabad (SEZ) facility 📍
🔹 Market Size: Apalutamide tablets had annual US sales of $1.1 billion 💰
🔹 Financial Performance:
🔸 Q3 FY25 Net Profit: ₹1,024 crore (+30% YoY) 📊
🔸 Revenue: ₹5,269 crore (+17% YoY) driven by 31% US sales growth 🚀
🔸 Quarter-on-Quarter Growth: +0.6%
📊 Zydus Lifesciences Vs Nifty 50 Performance:
🔹 Last 5 days: +1.8% 📈 (Nifty 50: +2%)
🔹 Last 6 months: -14% 📉 (Nifty 50: +10%)
🔹 Last 1 year: -6% 📉 (Nifty 50: +5%)
📢 Market Outlook:
✔️ USFDA approval strengthens growth prospects in the US market
✔️ Stock underperformed Nifty 50 in the past year but could rebound with strong earnings momentum
✔️ Investor focus on future regulatory approvals & US market expansion
💡 Zydus Lifesciences remains in focus as investors weigh strong earnings against stock performance trends! 🚀
Published on: March 19, 2025
Several stocks witnessed huge trading volumes on the NSE on Wednesday, with Vodafone Idea, Ola Electric, Tata Steel, JP Power, YES Bank, and One MobiKwik Systems leading the pack. Heavy turnover was also recorded in BSE Ltd, Zomato, Reliance Industries, and Mazagon Dock Shipbuilders.
📌 Top Stocks with High Volumes & Key Developments:
🔷 📡 Vodafone Idea (Vi) – 5G Rollout Boost!
🔹 Stock jumped 4.65% to ₹7.43 📈
🔹 23.8 crore shares traded, worth ₹176 crore
🔹 Gains fueled by Mumbai 5G launch, offering unlimited 5G data from ₹299
🔷 ⚡ Ola Electric – Gaining Traction!
🔹 Stock up 3.28% to ₹54.50 📊
🔹 7.77 crore shares traded, worth ₹425 crore
🔹 Kotak Institutional Equities: Profitability to improve, but volume growth may underperform expectations
🔷 ⚙️ JP Power – Power Surge!
🔹 Stock soared 10.39% to ₹14.77 🚀
🔹 5.3 crore shares traded, worth ₹76 crore
🔷 🏦 YES Bank – Steady Growth!
🔹 Stock rose 2.92% to ₹16.92 📊
🔹 4.67 crore shares traded, worth ₹78 crore
🔷 🛠️ Tata Steel – Riding the Steel Wave!
🔹 Stock gained 2.32% to ₹158.25 📈
🔹 4.29 crore shares traded, worth ₹678 crore
🔹 Boosted by 12% safeguard duty proposal to curb cheap imports
🔷 💳 One MobiKwik Systems – Digital Payments Boom!
🔹 Stock soared 13.29% to ₹337.55 🚀
🔹 3.91 crore shares traded, worth ₹1,298 crore
🔷 💨 Suzlon Energy – Clean Energy Play!
🔹 Stock up 3.4% to ₹56.85 📈
🔹 3.81 crore shares traded
🔷 🍽️ Zomato – Strong Appetite for Gains!
🔹 Stock rose 3.03% to ₹224.81 📊
🔹 3.62 crore shares traded, worth ₹824 crore
📊 Top Stocks by Turnover on NSE:
💰 BSE Ltd – ₹1,378 crore 🔥
💰 One MobiKwik Systems – ₹1,298 crore 🚀
💰 Zomato – ₹824 crore 📈
💰 Mazagon Dock Shipbuilders – ₹689 crore ⚓
💰 Tata Steel – ₹681 crore 🏗️
📢 Market Outlook:
🔹 Steel stocks remain in focus amid government safeguard duty proposal
🔹 Telecom sector gains on 5G rollout news
🔹 Digital payments & fintech stocks continue strong momentum
🔥 Investors remain upbeat as key sectors drive market activity! Stay tuned for more updates. 🚀
Published on: March 19, 2025
Shares of leading steel companies including Tata Steel, JSW Steel, and NMDC Steel rallied on Wednesday after the Indian government proposed a 12% safeguard duty on certain steel imports. The move, aimed at protecting domestic manufacturers, follows a surge in cheap imports.
Key Developments:
🔷 Government’s Proposal 🏛️
🔹 The Ministry of Commerce & Industry recommended a 12% safeguard duty for 200 days on imported flat steel products such as HR coils, cold-rolled sheets, and color-coated coils.
🔷 Stock Market Reaction 📈
🔹 NMDC Steel saw the highest jump of 8.3% 💥
🔹 Kalyani Steels surged 5.8% 🚀
🔹 Tata Steel & JSW Steel climbed 2.8% each ⏫
🔹 SAIL (Steel Authority of India Ltd.) gained 3% 📊
🔷 Impact on the Steel Industry ⚙️
🔹 Landed cost of imports is expected to rise by ₹5,500 per tonne, benefiting domestic manufacturers.
🔹 The Indian Steel Association (ISA), which includes JSW Steel, SAIL, and Jindal Steel, had raised concerns about rising imports impacting local producers.
🔹 The safeguard duty will protect against cheap imports from China, strengthening domestic pricing power.
🔷 Expert Take 🎙️
📢 Rajesh Ravi, Senior VP at HDFC Securities:
✔️ FY26 earnings estimates for steelmakers likely to improve.
✔️ Domestic steel prices could see a revival after two years of pressure.
✔️ China’s steel output reduction will further support global prices.
📊 Market Outlook:
💡 Short-term rally expected for steel stocks due to positive sentiment.
💡 Long-term gains likely if the duty is permanently implemented.
💡 Earnings upgrade anticipated for the sector over the next 3-6 quarters.
🔥 Investors eye strong steel sector growth! Stay tuned for final government decision. 🚀
Published on: March 19, 2025
Several stocks will be on investors’ radar on Wednesday, March 19, driven by key corporate actions, orders, and regulatory updates. Mahindra Lifespace Developers, Bank of India, Rail Vikas Nigam Ltd. (RVNL), Container Corporation of India (Concor), and Cipla are among the notable stocks in focus.
🚀 Top Stocks in Focus:
🔷 Container Corp 🏗️
🔹 Awarded a ₹690 crore manufacturing and supply order to Braithwaite & Co.
🔷 Indian Renewable Energy Development Agency 🌱
🔹 Subsidiary received a finance company registration to start operations at GIFT City.
🔷 Larsen & Toubro (L&T) 🏭
🔹 Acquired the remaining 26% stake in L&T Special Steels & Heavy Forgings from Nuclear Power Corp for ₹170 crore, making it a wholly owned subsidiary.
🔷 Rail Vikas Nigam Ltd. (RVNL) 🚆
🔹 Won a ₹554 crore contract from Rail Infrastructure Development for a two-year project.
🔷 Mahindra Lifespaces 🏘️
🔹 Partnered with Livingstone Infra for a ₹1,650 crore redevelopment project in Mumbai.
🔷 Bank of India 🏦
🔹 Issued long-term bonds worth ₹2,690 crore via private placement.
🔷 Aurobindo Pharma 💊
🔹 USFDA completed its inspection at its Andhra Pradesh unit with five observations.
🔷 Nazara Technologies 🎮
🔹 Increased stake in Datawrkz Business Solutions to 55% after acquiring an additional 22%.
🔷 Tata Steel 🔩
🔹 Received approval from Neath Port Talbot Council to build an electric arc furnace for sustainable steelmaking.
🔷 Cipla 💉
🔹 Completed a ₹425 crore investment in its subsidiary Cipla Medpro South Africa.
📈 Market Impact:
>Positive momentum expected for Mahindra Lifespaces, RVNL, Tata Steel, and Cipla due to expansion initiatives and strategic partnerships.
>Caution advised for Aurobindo Pharma due to USFDA observations.
>L&T and Nazara Technologies could see strong investor interest following their acquisitions.
📊 Stay tuned for market movements as these stocks react to key developments! 🚀
Published on: March 19, 2025
Shares of Indian defence and shipping companies rallied sharply on March 19, with Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard, and Hindustan Aeronautics Ltd (HAL) gaining up to 20%. The surge was driven by strong investor sentiment, bolstered by global defence spending and improving domestic order backlogs.
The Nifty India Defence Index surged nearly 6% intraday, outpacing broader market gains. GRSE hit the 20% upper circuit at ₹1,641.35, while Cochin Shipyard touched a 10% upper circuit before paring some gains. Hindustan Aeronautics rose 5.16%, and Mazagon Dock Shipbuilders jumped 10.96%.
Key Market Drivers:
>Global Defence Spending Boom: German lawmakers approved a rise in defence and infrastructure spending, reinforcing Europe's rearmament in response to geopolitical tensions. This has increased demand for cost-effective defence suppliers, with India emerging as a preferred choice.
>Rising Indian Defence Exports: Exports grew 32.5% in the last financial year, showcasing India’s growing prominence in the global arms trade.
>Strong Order Backlogs: Analysts highlight improving revenue visibility and long-term growth potential for Indian defence firms.
>Attractive Valuations: The recent correction in defence stocks has created fresh buying opportunities, though some stocks remain highly valued with the Nifty India Defence Index PE still at 42.
Expert Insights:
>Krishna Appala, Capitalmind Research: "European nations are struggling to ramp up defence production, making Indian firms attractive suppliers. Companies strong in shipbuilding, artillery, and electronics are well-positioned for growth."
>Vikas Gupta, Omniscience Capital: "Despite the rally, valuations are still stretched for many defence stocks. Investors should be selective and focus on fundamental strength."
With growing domestic and international defence contracts, the Indian defence sector is poised for further expansion, though analysts caution about potential overvaluation in some stocks.
Published on: March 19, 2025
Indian equity benchmarks Sensex and Nifty closed higher on March 19, driven by strong gains in banking, oil & gas, and metal stocks. However, weakness in FMCG and IT stocks capped the rally, keeping the indices from making a larger leap.
At close, the Sensex was up 147.79 points (0.20%) at 75,449.05, while the Nifty 50 gained 73.30 points (0.32%) to settle at 22,907.60. The broader markets outperformed, with the Midcap 100 and Smallcap 100 indices soaring 2.6% and 2.43%, respectively.
Key Market Drivers:
>FIIs Turn Net Buyers: Foreign institutional investors (FIIs) covered short positions and bought over ₹1,000 crore in the cash market, fueling the rally.
>Dollar Index Decline: A drop in the dollar index from 110 to 103 supported equities.
Sectoral Performance:
>Top Gainers: PSU Banks (+2%), Metals (+1.26%), Oil & Gas (+1.04%), and Realty (+2.43%) saw strong gains.
>Underperformers: IT (-1.08%) and FMCG (-0.55%) weighed on the market amid global concerns.
Stock-Specific Highlights:
>Steel Stocks Surge: Shares of Tata Steel and other steelmakers jumped up to 4% after the DGTR recommended imposing a safeguard duty on flat steel imports.
>Defence & Shipping Rally: Garden Reach Shipbuilders, Cochin Shipyard, and HAL surged up to 20%, pushing the Nifty India Defence index up 6% intraday.
>Major Gainers: Shriram Finance, HDFC Life Insurance, Apollo Hospitals, Power Grid Corp, and Tata Steel.
>Major Losers: Tech Mahindra, TCS, Infosys, ITC, and Britannia Industries.
Technical Outlook:
According to analysts, Nifty is poised to retest the 23,000 mark, which aligns with the 50 DEMA resistance. A breakout beyond this could trigger an extended rally towards 23,400 and beyond, while 22,650-22,700 now acts as key support.
Investors remain cautious ahead of the US Federal Reserve’s policy announcement, which could impact market sentiment and trigger volatility.
Published on: March 19, 2025
Vodafone Idea (Vi) has confirmed that it is in "exploratory talks" with Elon Musk's Starlink and other satellite communication (satcom) providers to enhance its telecom services. The company stated in a regulatory filing that it is evaluating multiple partnership opportunities to improve service quality and network expansion.
Strategic 5G Rollout Approach:
Unlike competitors Jio and Airtel, which have completed nationwide 5G rollouts, Vi is taking a selective approach, focusing on key urban centers. The company launched its 5G services in Mumbai and plans to expand to Delhi, Bengaluru, Chandigarh, Patna, and Mysore by April, with Maharashtra, Gujarat, Kerala, and Chennai to follow in the next phase.
Investment and Infrastructure Expansion:
>Vi has committed ₹50,000-₹55,000 crore over three years for network expansion, with nearly half allocated to 5G.
>The company plans to deploy 75,000 5G sites across 17 regions.
>Recent upgrades include modernizing 10,000 towers and adding 11,000 new towers over the past nine months.
Monetisation Challenges & Future Plans:
Despite the global challenge of monetizing 5G, Vi is conducting trials for Fixed Wireless Access (FWA) services, which have proven to be a high-revenue segment for telecom operators. Competitors Jio and Airtel have already made significant investments in FWA, while Vi aims to leverage mobile services and targeted FWA deployments.
Technology & AI Integration:
Vi is taking advantage of technological advancements by deploying energy-efficient, AI-integrated network infrastructure. The company has formed an AI task force to optimize network management and corporate operations, signaling its commitment to innovation despite financial challenges.
As Vi continues to expand its network, its partnerships with satellite service providers, including Starlink, could play a key role in strengthening its connectivity solutions.
Published on: March 19, 2025
Indian stock markets are set to extend gains for the third straight session on March 19, supported by positive global cues and strong foreign fund inflows. GIFT Nifty indicated a positive start, rising 26 points to 22,957 as of 7:30 AM. However, market sentiment remains cautious ahead of the US Federal Reserve’s policy decision later in the day.
Global Market Trends:
Asian markets continued their rally for the fourth straight session, while Wall Street turned volatile after a two-day rally. The S&P 500 and Nasdaq fell by 1.07% and 1.71%, respectively, while gold surged to a record high amid geopolitical tensions.
Key Stocks in Focus:
>Bajaj Auto: Reappointed Rajivnayan Bajaj as MD & CEO for five more years and approved a ₹1,500 crore infusion into its subsidiary.
>BPCL: Signed an MoU to develop a hydrogen-fueled VTOL aircraft ecosystem.
>Paytm (One97 Communications): Paytm Money received SEBI approval as a research analyst.
>G R Infraprojects: Won a ₹4,262.7 crore contract for the Agra-Gwalior greenfield road project.
>LIC: In advanced talks to acquire a stake in a standalone health insurer.
>NTPC: Plans to raise ₹4,000 crore via NCDs at a 7.26% coupon rate.
>Zydus Lifesciences: Received USFDA approval for Apalutamide Tablets (prostate cancer treatment).
>YES Bank: Received ₹144.85 crore from the Income Tax department.
>L&T: Board to consider a fundraising proposal on March 21.
>Nazara Technologies: Acquired an 8.97% stake in Absolute, making it a wholly-owned subsidiary.
>Zen Technologies: Acquired a 45.33% stake in Bhairav Robotics, making it an associate company.
>IndusInd Bank: Promoters are prepared to inject capital if needed, but no immediate requirement exists.
>Vodafone Idea: Set to commercially launch 5G services in Mumbai, with further rollouts planned by April-end.
Markets will closely watch the US Fed’s interest rate decision and economic projections, which could impact investor sentiment in the near term.