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Mint
2 days ago
- Business
- Mint
Adani Enterprises, Adani Ports to Adani Total Gas: Five Adani group shares to trade ex-dividend today
Dividend Stocks: Adani Enterprises, Adani Ports, Adani Total Gas , ACC Ltd and Ambuja Cements are the Five Adani group shares to trade ex-dividend today. These five Adani group firms as Adani Enterprises, Adani Ports, Adani Total Gas, ACC Ltd and Ambuja Cements had set Friday, June 15, 2025, as the record date for identifying the list of eligible shareholders to receive the dividend. According to the June 13 record date, investors who wished to benefit from the dividend payout by these five Adani group companies should have bought shares of these companies at least one day before the record date, in compliance with the T+1 settlement procedure, so that their names will be listed among the eligible shareholders to receive the dividend payout. Adani Enterprises Ltd- Subject to approval by the company's shareholders at the next Annual General Meeting (AGM), the Adani Enterprises Board had recommended a dividend of Rs. 1.30 (@ 130%) every equity share of face value of Re. 1 each that is fully paid up for the Financial Year 2024–2025. Adani Ports and Special Economic Zone Ltd: The Board of Adani Ports had recomended a dividend of Rs. 7 each fully paid-up equity share of Rs. 2 for the fiscal year 2024–2025. This translates into 350% dividend considering the face value of shares. Adani Total Gas: For the purpose of Identifying the members' entitlement to a dividend of Re. 0.25 (rupees twenty-five paisa only) for each equity share with a face value of Re. 1 each, fully paid-up for the fiscal year 2024–2025, the Adani Total Gas had set Friday, June 13, 2025, as the Record Date. If the shareholders approve the aforementioned dividend at the next Annual General Meeting, it will be paid on or after June 26, 2025, with applicable tax deductions made at the source. ACC Ltd- Subject to shareholder approval, the ACC Board had recommended a dividend of Rs. 7.50 (Rupees Seven and Fifty only) each equity share of face value of Rs. 10 each for the fiscal year 2024–2025. Ambuja Cements Ltd- Subject to the approval of the company's shareholders, the Board of Ambuja Cements had recommended a dividend of Rs. 2.00/- (Rupees two only) per equity share of face value of Rs. 2/- each fully paid-up for the Financial Year 2024–2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
20-05-2025
- Business
- Mint
Best stocks to trade today, 20 May, as recommended by Trade Brains Portal
Markets ended mixed, with benchmark indices underperforming broader indices. The Nifty closed below 25,000, while the Sensex fell 271 points to close the session at 82,059. Today, we recommend two stocks, one from the FMCG sector and the other from the cement sector. Stocks to trade as recommended by Trade Brains Portal ITC Ltd (Current price: ₹ 436) ITC announced the acquisition of ABREL's pulp and paper business, operated under the name of 'Century Pulp and Paper,' for a lump sum consideration of up to ₹3,500 crores on a cash-free, debt-free basis, which has an installed capacity of 4.8 lakh MTPA. Moreover, in its FMCG segment, ITC has signed share purchase agreements to acquire Sresta Natural Bioproducts Private Limited brand 24 Mantra Organic. Also, the company has signed agreements with Mother Sparsh Baby Care Private Limited operating in the premium ayurvedic and natural baby care space. ITC acquired the balance 73.5% stake over 2-3 years in Mother Sparsh, having an investment of ₹81 crore by FY27 with a total investment of ₹126 crore. The company reported revenue from operations of ₹61,236 crore for 9M FY25, up from ₹55,330 crore for 9M FY24, an increase of 11%. For Q3FY25, net segment revenue for cigarettes was up by 8.1% YoY, and PBIT was up by 4.1% YoY. FMCG revenue is up by 4% YoY, Agri segment revenue is up by 9.7% YoY, PBIT is up by 21.6% YoY, and paperboards and packaging revenue is up by 3.1%. Their revenue from the cigarette segment is highly concentrated. ITC's raw materials in agricultural commodities are exposed to climate change; it is a low-margin and highly volatile business. Variation in the crop output could adversely impact a company's operations. The company remains exposed to the impact of changes in the regulatory norms with respect to the treatment of manufacturing residual discharge/waste. Also Read: Seeking value in ITC and Godfrey Phillips? Tobacco stocks gain momentum in FMCG play ACC Ltd (Current price: ₹ 1,929) ACC and Ambuja combined bring 73% of the trade cement share and 29% of trade volumes in premium products, amongst the highest in the industry. In FY25, ACC Ltd. volumes grew by 13% to 11.9 million tons from 10.5 million tons, while the parent Ambuja volumes stood at 11.6 million tons, up 22% from 9.5 million tons YoY. ACC Ltd. has the highest revenue from operations compared to Ambuja and Sanghi. In FY25, the revenue from operations grew by 6% to ₹20,789 crore from ₹19,681 crore YoY. EBITDA stood at ₹2,088 crore, margins stood at 10%, and profit after tax grew by 2% to ₹2,402 crore from ₹2,335 YoY. The company has two segments: the cement business contributes ₹20,504 crore, and ready-mix concrete contributes ₹1,382 crore. To maximize its profit, the company decreased its power and fuel cost from ₹930 per ton in FY24 to ₹727 per ton in FY25. The power and fuel costs have reduced by 22% ( ₹203/t), driven by the WHRS share up by 14% and green power mix up by 23%. The company reduced 19% of costs through acquisitions and OPEX programs. Further, the company targets to reduce the cost from 19% to 12% by FY28. However, currently green power consumption stands at 21% and is targeting to consume 60% of power from green by FY28. In addition, freight and forwarding costs have been reduced by 8%, and other expenses declined by 12% YoY. On a consolidated basis, the group has 62 million tons of clinker capacity and 100 MTPA cement capacity. The project under execution; other stages clinker capacity stood at 27, bringing the total capacity to 89 million tons and 40 MTPA cement capacity, bringing the total to 140 MTPA by 2028. The company has 350 million users on its infrastructure platform. The Adani Group now operates 11 captive ships, 22 grinding units, and 24 integrated units. In India, it has more than 110,000 channel partners. The group owned 101 ready-mix concrete facilities, 10 bulk cement terminals, 82% of blended cement, and 65% of the clinker factor as of FY25. Furthermore, management anticipates that 118 MTPA of cement capacity in FY26 and 1,000 megawatts will be operational by June FY26. By FY26 and FY28, the company anticipates EBITDA per ton of ₹915 and ₹1,500, respectively. In addition, significant projects and clinker capacity expansions will be put into service in Q1, Q2, and Q3 of FY26, with a cost of ₹3,650 per unit by FY28. Also Read: FPI assets top $800 billion after 4 months as markets rebound on eased trade worries Market Recap On Monday, the Nifty slipped below 25,000, while the broad indices saw a minor decline. With an RSI of 63.61, the Nifty 50 closed at 24,945, down 74 points, or 0.30%, below the overbought zone of 70. During the day, it was trading above all four 20/50/100/200 EMAs. The Sensex closed at 82,059, down 271 points, or 0.33%, while trading above all four EMAs and with an RSI of 62.56. Among the sectoral gainers, Nifty Realty closed at 933 after gaining 20.65 points, or 2.26%. Other real estate gainers were Phoenix Mills (3.3%) and Oberoi Realty Ltd (3.5%), while Raymond Ltd continued hit the 5% upper circuit following its real estate demerger. At 6,725 points, Nifty PSU Bank increased 987 points, or 1.46%, overnight. The NiftySmallcap50 rose by 68 points, or 0.82%, to 8,462 today. Among the sector losses, Nifty Media declined 10 points, or -0.59%, to close at 1,672, while Nifty IT fell -495 points, or -1.30%, to close at 37,478. In the international markets, the Dow Jones futures were down -302 points, or -0.7%, on Monday (4:20 pm IST) due to Moody's downgrading the country's credit rating from AAA to AA1. Asian indices, such as the Nikkei 225, KOSPI, Taiwan, Malaysia Hang Seng, and Straits Times, also ended the day lower because of China's slowing retail sales growth, which suggests that the world's second-largest economy is still worried about consumption. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
09-05-2025
- Business
- Mint
Best stocks to trade today, 9 May: Recommended by Raja Venkatraman
The intensity of the war increases to spread some panic and nervousness across the board. We are now caught with the constant headlines and news flows that shall drive the market sentiment. Here are three stocks to trade, as recommended by Raja Venkatraman for Friday, 9 May: ACC Ltd: Sell rally to ₹1,850 | Stop ₹1,880 | Target ₹1,750-1,675 Bharti Hexacom Ltd: Buy above ₹1,730 and dips to ₹1,650 | Stop ₹1,625 | Target ₹2,045-2,150 Kirloskar Brothers Ltd: Buy above ₹1,850 on dips to ₹1,800 | Stop ₹1,770 | Target ₹1,900-1,945 Stock market on 8 May The market kicked off the session with an uninspired tone, meandering within a tight range for most of the day. Just when traders were settling into the lull, a sudden wave of selling pressure hit, sparked by unsettling news of escalating India-Pakistan tensions. This abrupt shift triggered widespread liquidation across various sectors, sending the Index tumbling into the red. By the closing bell, it had shaved off 140.60 points, settling at 24,273.80. Also Read: Top 5 fundamentally strong penny stocks to watch out for in 2025 Among the sectors, only IT and Media showed resilience, managing to cling to gains, while Realty and Metal bore the brunt of the downturn. Midcap and smallcap stocks took an even heavier beating, each shedding over 1% and lagging behind the broader benchmark index. Despite the dramatic intraday slide, the index remains boxed within its established range of 24,250-24,500, waiting for a definitive push in either direction to set the stage for the next major move. Traders now await that pivotal breakout, which will determine whether sentiment swings toward recovery or deeper correction. Outlook for trading Currently, the market is stressed at higher levels as there are no encouraging triggers that can help the markets move confidently higher. The lack of participation that is being constantly demonstrated highlights that the trends are getting tired. With the constant geopolitical tensions that have been emanating since April began, the possibility of continued volatility is very much on the cards. At the moment, there are no cues that are emerging that can help to give us a hint of the near-term volatility that one can expect. In the last issue, we highlighted the importance of the 24300-24200 zone. The range is getting tighter, and the readings from the Option Data suggest that PCR has moved to 0.96, highlighting that the trends are witnessing a sell-off at every rise. We observe that the Call Writing has shifted lower now to 24400. Also, we can witness a sharp market decline in the second half of the trading session and volatility in the rupee. Despite the best intentions, the market is unable to conjure up enough strength to continue its upward march. With the 24300 zone now to be held, we can expect the momentum to rise as long as this level is not violated. The steady attempt to buy on every dip has once again given people a reason to hold on to the bullish side of the markets for now. With no clarity on the future course of action, we should be looking at participating with a neutral bias. Also Read: Polycab shone in FY25, but will investors stay plugged in? Trends remain two-phased and require us to balance both sides of the trend. Hence, the situation demands a pragmatic approach to benefit from market participation. The earnings season is underway, but with the global impact of the worrying macro factors driving up the volatility, we need to see how to navigate the current trends. While the market continues to offer umpteen opportunities, sector rotation will be at work, and hence, we have selected candidates that are displaying steady action from both sides until new signals to the contrary emerge. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: ACC (Cmp 1801.60) Sell rally to ₹1,850 | Stop ₹1,880 | Target ₹1,750-1,675 Why it's recommended: ACC has faced margin pressures due to fluctuating raw material costs, heightened competition in the infrastructure sector, and demand volatility in real estate. Despite these challenges, steady urbanisation and government-led infrastructure projects continue to support long-term growth prospects. Key metrics: P/E: 28 | 52-week high: ₹2,750 | Volume: 1.5M Technical analysis: Support at ₹1,600 | Resistance at ₹1,900. Risk factors: Rising transportation costs, regulatory shifts in construction norms, and price sensitivity in bulk contracts. Sell: Rally to ₹1,850. Target price: ₹1,750-1,675 in one month. Stop loss: ₹1,880. BHARTI HEXA (Cmp 1730) Buy above ₹1,730 and dips to ₹1,650 | Stop ₹1,625 | Target ₹2,045-2,150 Why it's recommended: Bharti Hexa remains a key player in telecom, benefiting from increasing data consumption and strong subscriber additions. However, industry-wide concerns about tariff hikes, competitive pricing wars, and 5G rollout costs weigh on the stock. Key metrics: P/E: 25 | 52-week high: ₹1,752 | Volume: 535.18K Technical analysis: Support at ₹1,290 | Resistance at ₹2,150. Risk factors: Spectrum costs, regulatory changes, and competition from new entrants. Buy: Above ₹1,730 and dips to ₹1,650. Target price: ₹2,045-2,150 in one month. Stop loss: ₹1,625. Also Read: Dabur stock lacks triggers amid weak financial show KIRLOSBROS (Cmp 1840) Buy above ₹1,850 on dips to ₹1,800 | Stop ₹1,770 | Target ₹1,900-1,945 Why it's recommended: KirlosBros has maintained steady growth, driven by robust demand for industrial pumps and engineering solutions. However, exposure to cyclical industrial demand, rising input costs, and supply chain constraints could pose challenges. Key metrics: P/E: 42 | 52-week high: ₹2,637 | Volume: 194.6K Technical analysis: Support at ₹1,600 | Resistance at ₹2,190. Risk factors: Commodity price fluctuations, logistics disruptions, and macroeconomic uncertainties. Buy: Above ₹1,850 and dips to ₹1,800. Target price: ₹1,900-1,945 in one month. Stop loss: ₹1,770. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
24-04-2025
- Business
- Time of India
ACC's profit declines 20.4% to Rs 751.04 crore in Q4 FY25
Cement maker ACC Ltd on Wednesday reported a 20.4 per cent decline in consolidated net profit to Rs 751.04 crore during the March quarter. The company had posted a profit of Rs 943.39 crore in the year-ago period, according to a regulatory filing from ACC, which is now a part of Adani Cement. Its revenue from operations was at Rs 5,207.3 crore, up 12.7 per cent in the March quarter. It was at Rs 5,316.75 crore in the corresponding period a year ago. ACC's total expenses in the March quarter were at Rs 5,514,82 crore, up 13.11 per cent. During the March quarter, ACC's revenue from the cement business was at Rs 5,685.53 crore, up 11.14 per cent. During the quarter, ACC reported a sales volume of 11.9 million tonnes, reporting a growth of 14 per cent, which, according to the Adani group firm is the "highest-ever sales volume in a quarter" for the company. Similarly, its revenue from ready mix concrete was at Rs 419.92 crore, up 32.12 per cent in the March quarter. The total income of ACC, which includes other income, was at Rs 6,066.52 crore, up 12 per cent in the March quarter of FY25. According to the company, this is the "highest-ever quarterly revenue". For the financial year ended on March 31, 2025, ACC's net profit was at Rs 2,402.27 crore, up 2.87 per cent. Similarly, in FY25, ACC's total income was at Rs 22,834.74 crore, up 11.65 per cent. It was at Rs 20,451.77 crore a year before. Commenting on results, Whole-Time Director & CEO Vinod Bahety said, "This year has been marked by strategic milestones that reinforce our position as a leader in the Indian cement industry. Our capacity expansion initiatives, including the commissioning of new grinding units supported by debottlenecking and modernisation, are aligned with growing infrastructure and booming demand of the nation." The board of ACC has approved a dividend of Rs 7.50 per equity share having a face value of Rs 10 each fully paid-up for 2024-25, which, according to the company, is in the context of the ongoing capex and growth plans. Over the outlook, ACC said, "The growth is anticipated to range of 7-8 per cent for the coming fiscal, driven by ongoing consumption demand in the housing and infrastructure segments, as well as the favourable impact of the pro-infra and housing Budget 2025." Cement consumption grew 8 per cent during Q4 FY25, marginally higher as compared to 7 per cent in the previous quarter. The increase in demand was driven by a pick-up in construction activities, improvement in rural demand, traction in the real estate sector, and increased government spending on infrastructure and construction activities. "As per the growth trends observed in Q3 and Q4 FY25, it is projected that cement demand during FY26 will continue to benefit from the momentum gained by government spending on infrastructure and construction activities," it said. Shares of ACC Ltd on Wednesday settled at Rs 2,068 on the BSE, up 0.79 per cent from the previous close.
The Hindu
24-04-2025
- Business
- The Hindu
ACC Q4 profit declines 20.4% to ₹751 crore, revenue up 12.7% to ₹5,991 crore
Cement maker ACC Ltd on Wednesday (April 23, 2025) reported a 20.4% decline in consolidated net profit to ₹751.04 crore during the March quarter. The company had posted a profit of ₹943.39 crore in the year-ago period, according to a regulatory filing from ACC, which is now a part of Adani Cement. Its revenue from operations was at ₹5,991.67 crore, up 12.7% in the March quarter. It was at ₹5,316.75 crore in the corresponding period a year ago. ACC's total expenses in the March quarter were at ₹5,514,82 crore, up 13.11%. During the March quarter, ACC's revenue from the cement business was at ₹5,685.53 crore, up 11.14%. During the quarter, ACC reported a sales volume of 11.9 million tonnes, reporting a growth of 14%, which, according to the Adani group firm is the "highest-ever sales volume in a quarter" for the company. Similarly, its revenue from ready mix concrete was at ₹419.92 crore, up 32.12% in the March quarter. The total income of ACC, which includes other income, was at ₹6,066.52 crore, up 12% in the March quarter of FY25. According to the company, this is the "highest-ever quarterly revenue". For the financial year ended on March 31, 2025, ACC's net profit was at ₹2,402.27 crore, up 2.87%. Similarly, in FY25, ACC's total income was at ₹22,834.74 crore, up 11.65%. It was at ₹20,451.77 crore a year before. Commenting on results, Whole-Time Director & CEO Vinod Bahety said, "This year has been marked by strategic milestones that reinforce our position as a leader in the Indian cement industry. Our capacity expansion initiatives, including the commissioning of new grinding units supported by debottlenecking and modernisation, are aligned with growing infrastructure and booming demand of the nation." The board of ACC has approved a dividend of ₹7.50 per equity share having a face value of ₹10 each fully paid-up for 2024-25, which, according to the company, is in the context of the ongoing capex and growth plans. Over the outlook, ACC said, "The growth is anticipated to range of 7-8% for the coming fiscal, driven by ongoing consumption demand in the housing and infrastructure segments, as well as the favourable impact of the pro-infra and housing Budget 2025." Cement consumption grew 8% during Q4 FY25, marginally higher as compared to 7% in the previous quarter. The increase in demand was driven by a pick-up in construction activities, improvement in rural demand, traction in the real estate sector, and increased government spending on infrastructure and construction activities. "As per the growth trends observed in Q3 and Q4 FY25, it is projected that cement demand during FY26 will continue to benefit from the momentum gained by government spending on infrastructure and construction activities," it said. Shares of ACC Ltd on Wednesday settled at ₹2,068 on the BSE, up 0.79% from the previous close.
