Time to take a logical risk: 6 housing finance stocks with upside potential of up to 43%
Despite all the ills of the real estate and housing finance business, one of the biggest wealth creators in the history of the Indian stock market has been a housing finance company – the erstwhile HDFC, which has now merged with HDFC Bank. If you had bought HDFC 20 years back, you would have generated a huge amount of wealth. At the same time, if you had invested in DHFL… well, we all know what would have happened to that money. As a sector,
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Business Standard
10 minutes ago
- Business Standard
Boson Cell leads India's march towards sustainable energy storage solutions
Boson Cell, which claims to be the first indigenous lithium cell manufacturing company, has officially launched two new variants—high-performance, cost-effective energy cells: 18350 B-30A and 21700 B-50A. This supports the Prime Minister's clarion call towards making India an Atmanirbhar destination for multiple industries, ensuring that the country's journey towards energy self-reliance and sustainable use of renewable energy is no longer a distant reality. Boson Cell is now at the forefront of the country's rapidly evolving lithium ecosystem, which is set to redefine the way India is perceived by the global audience. With India's lithium-ion battery market projected to skyrocket to $9.56 billion by 2030, Boson Cell is expected to become a critical enabler in key industries—especially clean mobility, consumer electronics, renewable energy, and the rapidly expanding drone market. Supported by forward-looking government initiatives such as FAME II, the PLI Scheme, and the Drone Shakti programme, the demand for reliable, affordable, and locally sourced battery technology is at an all-time high. 'Boson is not just another cell manufacturer—it's a symbol of India's technological prowess in powering sustainable solutions to address the requirements of the burgeoning futuristic industry that are banking on renewable energy,' said Guru Punghavan, Chief Executive Officer, Boson Cell. 'We're not only replacing imports but building smarter, cleaner, and more scalable energy solutions that can power the future of every Indian household, enterprise, and innovation. The cells, manufactured in three variants—Economy, Advanced, and Extreme—can aid the multi-dimensional requirements of battery manufacturers as well as individuals with smaller-scale needs. Quality is at the heart of Boson's promise, with each lithium cell undergoing rigorous multi-stage testing to guarantee safety and superior performance. These cells are designed for wide compatibility, powering a diverse range of applications including electric vehicles, drones, solar energy systems, power tools, and more.' Boson Cell's expansion is timed to capitalise on India's drone sector boom, fuelled by applications in agriculture, defence, logistics, and infrastructure. The Indian drone market is expected to reach $13 billion by 2030, creating a surge in demand for lightweight, high-density, and durable lithium storage solutions. With increasing government support for local drone manufacturing and operational adoption across sectors, Boson's high-performance cells are uniquely positioned to become the backbone of this unmanned aerial revolution. Manufactured through a sustainable, eco-conscious process, each cell embodies the company's steadfast commitment to sustainability, safety, and scalability—ensuring products that are both reliable and responsible. Boson offers cells at a lower cost compared to imported alternatives. Alongside affordability, the company provides faster turnaround times, shorter lead times, and lower minimum order quantities (MOQs) for distributors, enhancing operational flexibility and supply chain efficiency. Currently, Boson's products are available across Tamil Nadu, Karnataka, Kerala, and Andhra Pradesh, distributed through electronics retailers, supermarkets, and local kirana stores. Online accessibility is ensured via partnerships with Amazon, Flipkart, and Boson's own direct-to-consumer e-commerce platform. Looking ahead, Boson Cell is targeting a pan-India presence through modern trade and organised retail channels by the end of 2025. The company also plans to deepen its engagement in strategic sectors such as drone technology, electric vehicle manufacturing, and clean energy integration. With its cutting-edge technology, commitment to local manufacturing, and industry-focused approach, Boson Cell is not only powering India today—it is shaping the country's energy future.
Mint
17 minutes ago
- Mint
India Bucks Tepid Trend Across Emerging Asia as US Data Awaits
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Markets across much of emerging Asia traded in a narrow range ahead of US payrolls data, with the exception of Indian bonds that swung wildly after a bigger-than-expected interest-rate cut. Bloomberg's Asia Dollar Spot Index dipped 0.1% on Friday, with the stock benchmarks in Taiwan, Hong Kong, and mainland China also slipping. Bucking the trend was India, where the Nifty 50 advanced and the 10-year bond yield slid as much as 11 basis points. It later recouped the losses to trade flat at 6.25%. Global funds shifting money away from the US and back to Asia has been a big theme for investors in recent weeks. Data due later on Friday is likely to show US hiring slowed last month, potentially giving the Federal Reserve grounds to cut interest rates this year. An index of Asian currencies versus the dollar has already advanced 2% this quarter, and further Fed easing may help extend their gains. So would an easing of trade tensions, though the most recent call between President Donald Trump and China's Xi Jinping failed to lift sentiment. 'A weaker NFP print would reinforce the narrative that US exceptionalism is indeed fading,' Malayan Banking Bhd. analysts wrote in a note 'We hold on to selling USD.' Currency valuation has emerged as a central theme in the trade talks between the US and other countries, though in its first report on foreign-exchange practices since Trump returned to office, the Treasury Department declined to name any country a manipulator. China, South Korea, Taiwan, Singapore and Vietnam all feature on the US watch list. Even with US scrutiny of exchange rates, a number of market participants foresee further EM currency gains. JPMorgan Chase & Co. this week suggested investors boost their exposure to the currencies of developing markets. The firm said it was positive on the South African rand, Thai baht, Brazil's real and Mexico's peso. For India, the deeper-than-expected 50 basis point cut to the repurchase rate signals that policy makers are worried about growth against the backdrop of global trade tensions. 'We still expect INR to underperform,' analysts at Nomura Holdings Inc. wrote in a note following the decision. The bank said it is long EUR/INR and also positive on Indian rates. --With assistance from Malavika Kaur Makol and Bhaskar Dutta. More stories like this are available on
New Indian Express
18 minutes ago
- New Indian Express
Indian indices surge after RBI's surprise 50 bps rate cut
CHENNAI: Indian equity markets opened on a strong note Friday, buoyed by the Reserve Bank of India's unexpected 50 basis point repo rate cut, which lifted investor sentiment and sparked a broad-based rally from early lows. The BSE Sensex rose 96 points or 0.12% to 81,538, recovering nearly 350 points from the day's intraday low. Similarly, the NSE Nifty50 gained 29 points or 0.12%, trading at 24,780, as markets welcomed the central bank's proactive move to support growth. Market Highlights The RBI cut the repo rate to 5.50%, exceeding market expectations. Governor Sanjay Malhotra noted that inflation management remains a challenge, and the move aims to balance growth concerns with price stability. The decision comes amid muted domestic demand and rising global uncertainty, with the RBI focused on cushioning the economy against external shocks such as volatile crude oil prices and global bond market volatility. Sectoral Trends Top gainers among the sectoral indices in the morning trade included Nifty Metal and Nifty Realty, each advancing around 0.6%, supported by expectations of lower borrowing costs and infrastructure push. While the lagging sectors were Nifty Auto and Nifty Financial Services were slightly in the red, down up to 0.23%, reflecting selective profit-booking after recent gains. Broader Markets The Nifty MidCap and Nifty SmallCap indices traded flat with a positive bias, each up about 0.3%, showing resilience among retail and domestic-oriented stocks. Global & Domestic Context Global equity cues remained mixed, with investor concerns lingering over US tariffs and rising global bond yields. Asian markets traded cautiously. However, on the domestic front, the RBI's larger-than-expected rate cut could encourage faster monetary transmission, lower borrowing costs, and boost credit demand. However, analysts caution that persistent inflationary risks and global volatility remain key watchpoints. Outlook According to analysts, with the RBI delivering a dovish surprise, markets may see renewed momentum in rate-sensitive sectors like real estate, infrastructure, and capital goods. Investors will closely watch commentary on future rate direction, transmission effectiveness, and evolving global conditions. Disclaimer: This report is for informational purposes only. Investors should consult certified financial advisors and refer to official RBI and exchange releases for complete insights for investment decisions.
