IREDA Q3 FY2025 Results Highlights:
๐ Revenue: โน1,698.99 Cr (Street Estimate: โน1,670 Cr), YoY growth of 35.6%.
๐ผ Net Profit: โน425.37 Cr (Street Estimate: โน415 Cr), YoY growth of 26.8%.
๐ Operating Margin: 30.42% vs 33.72% in Q3FY24.
๐ก Net NPA Ratio: 1.50% vs 1.52% in Q3FY24, reflecting stable asset quality.
Key Insights:
Strong revenue and profit growth driven by higher interest income and efficient operations.
Margins slightly compressed due to increased financing costs, but asset quality remains robust.
Continued focus on renewable energy financing with strategic initiatives like the new subsidiary at GIFT City.
IREDAโs results reflect a strong operational performance in the renewable financing sector, meeting or exceeding street expectations in key metrics.
๐ Revenue: โน1,698.99 Cr (Street Estimate: โน1,670 Cr), YoY growth of 35.6%.
๐ผ Net Profit: โน425.37 Cr (Street Estimate: โน415 Cr), YoY growth of 26.8%.
๐ Operating Margin: 30.42% vs 33.72% in Q3FY24.
๐ก Net NPA Ratio: 1.50% vs 1.52% in Q3FY24, reflecting stable asset quality.
Key Insights:
Strong revenue and profit growth driven by higher interest income and efficient operations.
Margins slightly compressed due to increased financing costs, but asset quality remains robust.
Continued focus on renewable energy financing with strategic initiatives like the new subsidiary at GIFT City.
IREDAโs results reflect a strong operational performance in the renewable financing sector, meeting or exceeding street expectations in key metrics.
๐ข Adani Wilmar OFS: Promoter Adani Commodities to sell up to 20% stake via Offer For Sale on Jan 10 & 13, with a floor price of โน275/share. ๐ Base offer is 13.5% equity, with a 6.5% green shoe option for oversubscription. Mutual funds and insurance firms get 25% reservation. ๐๐ผ
TCS up by 4% after results.
AWL -8% down after OFS news.
Tata Elxsi down by -7% after disappointing results
Ireda flat after good results.
AWL -8% down after OFS news.
Tata Elxsi down by -7% after disappointing results
Ireda flat after good results.
Support Broken and almost 6 points down in just 10 mins. Power of Zone Indicator
Hi Everyone, ๐ข Here's today's Event Calendar (10th Jan 2025):
Shriram Finance Ltd.: Stock split (10:2).
CESC Ltd.: Board meeting for quarterly results & interim dividend.
Just Dial Ltd.: Board meeting for quarterly results.
PCBL Ltd.: Board meeting for quarterly results & interim dividend.
Stay updated and informed!
Shriram Finance Ltd.: Stock split (10:2).
CESC Ltd.: Board meeting for quarterly results & interim dividend.
Just Dial Ltd.: Board meeting for quarterly results.
PCBL Ltd.: Board meeting for quarterly results & interim dividend.
Stay updated and informed!
Daily Market Report 10th Jan 2025.pdf
74.8 KB
The markets remain in correction mode, weighed down by weak earnings, FII selling, and macro concerns. However, sectors like IT and IPOs like Laxmi Dental offer potential opportunities amidst the turbulence.
๐ข Key Updates for 15th Jan 2025:
Quarterly Results: HDFC Life, L&T Tech, Oracle, Bank of Maharashtra, CEAT.
Aditya Birla Fashion: Rights & Preferential Issue.
Stay tuned! ๐
Quarterly Results: HDFC Life, L&T Tech, Oracle, Bank of Maharashtra, CEAT.
Aditya Birla Fashion: Rights & Preferential Issue.
Stay tuned! ๐
๐ข NIFTY50 Update: Zomato and Jio Financial Services may join the index in March 2025, replacing BPCL and Britannia, says JM Financial. ๐ Zomato could attract โน5,364 Cr inflows (P/E 288), while Jio Financial may see โน3,080 Cr. ๐ Big moves ahead! ๐
๐ Harnessing the Power of AI for Stock Market Insights! ๐
As someone deeply involved in the world of finance, staying on top of market news can feel overwhelming. But not anymore! Thanks to ChatGPTโs new task automation feature, Iโve created a daily 5 PM task that delivers a concise summary of top news about Indian companies and the stock marketโjust the headline and a 2-line summary. ๐ฐโจ
โ Why this new AI feature is a game-changer:
Saves Time: No more scanning through countless articles. Get the key updates at a glance.
AI at Your Service: Automating such tasks means I can focus on analysis and strategy.
Informed Decisions: Timely updates directly influence smarter investment moves.
๐ก Implications for Stock Market Professionals:
Traders and investors can stay informed without the information overload.
Enables rapid reactions to market changes with just-in-time insights.
Perfect for those managing multiple portfolios or juggling other priorities.
This ChatGPT capability isn't just a productivity hackโitโs an essential tool for anyone in the fast-moving world of finance.
As someone deeply involved in the world of finance, staying on top of market news can feel overwhelming. But not anymore! Thanks to ChatGPTโs new task automation feature, Iโve created a daily 5 PM task that delivers a concise summary of top news about Indian companies and the stock marketโjust the headline and a 2-line summary. ๐ฐโจ
โ Why this new AI feature is a game-changer:
Saves Time: No more scanning through countless articles. Get the key updates at a glance.
AI at Your Service: Automating such tasks means I can focus on analysis and strategy.
Informed Decisions: Timely updates directly influence smarter investment moves.
๐ก Implications for Stock Market Professionals:
Traders and investors can stay informed without the information overload.
Enables rapid reactions to market changes with just-in-time insights.
Perfect for those managing multiple portfolios or juggling other priorities.
This ChatGPT capability isn't just a productivity hackโitโs an essential tool for anyone in the fast-moving world of finance.
๐ Sharp Fall in U.S. Bond Yields
Positive News for Indian Markets! ๐ฎ๐ณ
- Lower U.S. yields make Indian equities more attractive for foreign investors, boosting FII inflows. ๐ธ
- Reduced global borrowing costs can benefit Indian companies, especially in sectors like banking, real estate, and infrastructure. ๐ฆ๐
- A weaker dollar could strengthen the rupee, helping control inflation and reducing import costs. ๐
This could lead to a "risk-on" sentiment favoring Indian markets! Stay tuned for potential market movements. ๐โจ
GIFT Nifty +152 Points now
Positive News for Indian Markets! ๐ฎ๐ณ
- Lower U.S. yields make Indian equities more attractive for foreign investors, boosting FII inflows. ๐ธ
- Reduced global borrowing costs can benefit Indian companies, especially in sectors like banking, real estate, and infrastructure. ๐ฆ๐
- A weaker dollar could strengthen the rupee, helping control inflation and reducing import costs. ๐
This could lead to a "risk-on" sentiment favoring Indian markets! Stay tuned for potential market movements. ๐โจ
GIFT Nifty +152 Points now
Short-seller firm Hindenburg Research says it is shutting down, Adani Group stocks surging high.