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Business Standard
6 days ago
- Business
- Business Standard
Adani Ports records 8% YoY growth in July'25 cargo volumes
Adani Ports and Special Economic Zone (APSEZ) reported handling 40.2 MMT of cargo in July 2025, marking an 8% year-on-year (YoY) increase, primarily driven by a 22% YoY growth in container volumes. During the same month, logistics rail volumes stood at 60,940 TEUs, up 17% YoY, while volumes under the general purpose wagon investment scheme (GPWIS) were recorded at 1.61 MMT, representing a 13% YoY decline. For the year-to-date (YTD) period ending 31 July 2025, APSEZ handled a total of 160.7 MMT of cargo, reflecting a 10% YoY growth. This was also led by a strong 20% YoY increase in container volumes. Logistics rail volumes for the YTD period stood at 240,419 TEUs (up 15% YoY), and GPWIS volumes reached 7.67 MMT (up 3% YoY). Adani Ports and Special Economic Zone (APSEZ) is the largest private port operator in India with capacity of 633 MMT and handled 450 MMT cargo in fiscal 2025. APSEZ operates a portfolio of 15 domestic ports/terminals with international presence at 4 global ports/terminals. Along with its port operations, it has its wide logistics network and offers various port based marine services to its owned ports/terminals as well as other ports. The companys consolidated net profit jumped 47.8% to Rs 3,014.22 crore on a 23.1% increase in net sales to Rs 8,488.44 crore in Q4 FY25 over Q4 FY24. The scrip rose 0.94% to currently trade at Rs 1,359.70 on the BSE.
Mint
6 days ago
- Business
- Mint
Adani Ports share price jumps after THIS operational update. Do you own?
Adani Ports share price rose over 2% on Monday after the company released its monthly business update. The Adani group stock gained as much as 2.06% to touch ₹ 1,374.85 apiece on the BSE. In July 2025, Adani Ports and Special Economic Zone handled 40.2 million metric tonnes (MMT) of cargo, marking an 8% year-on-year (YoY) increase, driven by a 22% YoY growth in container volumes. On a year-to-date (YTD) basis till July 2025, the company handled 160.7 MMT of cargo, reflecting a 10% YoY rise. In the logistics segment, rail volumes rose 17% YoY in July to 60,940 twenty-foot equivalent units (TEUs), while GPWIS (General Purpose Wagon Investment Scheme) volume declined 13% YoY to 1.61 MMT. For the YTD period, rail volumes stood at 240,419 TEUs, up 15% YoY, and GPWIS volume came in at 7.67 MMT, up 3% YoY. Adani Ports share price has declined 4% over the past month but gained 22% in the last six months. On a year-to-date (YTD) basis, the Adani Group stock is up 12%, and it has surged 77% over the past two years. Over a five-year period, Adani Ports share price has delivered multibagger returns of 335%. At 12:40 PM, Adani Ports share price was trading 1.98% higher at ₹ 1,373.70 apiece on the BSE. 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
17-07-2025
- Business
- Mint
Stocks to buy today: Trade Brains Portal recommends two stocks for 17 July
Today, we recommend two stocks, one from the automobile and ancillaries sector and another from the railways sector. The automobile and ancillaries sector is crucial for India's economy, contributing significantly to GDP, manufacturing output, and employment. The railway finance sector plays a crucial role in India's economy, as it raises money so that railroads can upgrade and grow their networks, increase operational effectiveness, and improve connectivity overall. We also analyze the market's performance on Wednesday to understand what may lie ahead for the stock indices in the coming days. Stocks to trade today, recommended by Trade Brains Portal for 17 July: Indian Railway Finance Corp. Ltd Current price: ₹135 Target price: ₹175 in 16-24 months Stop loss: ₹110 Why it's recommended: The ministry of railways has administrative authority for IRFC, a navratna public sector enterprise that was founded in 1986. Its primary responsibility is to raise money from the financial markets in order to finance the development or purchase of assets, which are then leased to Indian Railways. A number of other organizations in the industry, such as Rail Vikas Nigam Ltd (RVNL), RailTel, Konkan Railway Corp. Ltd (KRCL), and Pipavav Railway Corp. Ltd (PRCL), have received financial support from IRFC in addition to the railways. The company's assets under management (AUM) were valued at ₹4.6 trillion as of 31 March 2025. IRFC's net interest income increased by 2.2% from ₹6,429 crore in 2023-24 to ₹6,569 crore in 2024-25. Additionally, its net interest margin improved somewhat, going from 1.38% to 1.42% over the prior year. IRFC approved ₹5,700 crore in loans for the fiscal year, including ₹700 crore for NTPC and ₹5,000 crore for NTPC Renewable Energy Ltd. Additionally, the company became the first bidder for ₹3,167 crore in funding for the construction of the Banhardih Coal Block in Jharkhand's Latehar district, and it signed a rupee term loan arrangement for ₹5,000 crore with NTPC REL. The department of public enterprises granted the firm navratna status in 2024-25, and it hopes to soon obtain maharatna status. Additionally, under Indian Railways' General Purpose Waggon Investment Scheme (GPWIS), the IRFC board authorized funding to NTPC for 20 BOBR rakes on a finance lease basis up to ₹700 crore. In January 2025, a leasing agreement was also struck with NTPC Ltd for eight BOBR rakes, which were valued at over ₹250 crore. Additionally, IRFC and REMCL have signed a memorandum of understanding to jointly investigate financing alternatives for Indian Railways' renewable energy projects, including possible financing in the nuclear, thermal, and renewable energy domains. Risk factor: The ministry of railways and its affiliates account for the entirety of IRFC's loan book. As of 31 March 2025, 37% consisted of advances for leased railway assets, 62% consisted of lease receivables from the ministry, and 1% consisted of loans to organizations such as NTPC and RVNL. The company is susceptible to changes in finance or policy because its expansion is directly linked to the ministry's investment plans for Indian Railways. Furthermore, IRFC is vulnerable to interest rate swings and shifts in investor sentiment due to its reliance on market borrowings. Sona Blw Precision Forgings Ltd Current price: ₹456 Target price: ₹550 in 16-24 months Stop loss: ₹405 Why it's recommended: One of the top mobility technology firms in the world, Sona BLW Precision Forgings Ltd (Sona Comstar) was founded in 1995. It designs, manufactures, and supplies systems and components for global mobility OEMs in both electrified and non-electrified powertrain segments. The company has three engineering competency centres, five R&D centres, and twelve manufacturing units. India, the US, China, Serbia, and Mexico are among the five nations where it is present. North America accounts for 41% of the company's revenue, followed by India (29%), Europe (24%), Asia (6%), and the rest of the world (0.3%). Globally, Sona BLW holds an 8% market share in differential gears and a 5% market share in starter motors. In 2024-25, the company reported revenue from operations of ₹3,546 crore, an increase of 11.3% from ₹3,185 crore in the previous year. Ebitda stood at ₹975 crore with a 27.5% Ebitda margin. Profit after tax increased by 16% to ₹600 crore from ₹518 crore in the previous year. Segment-wise revenue share from BEV rose from 29% to 36% in 2024-25. In 2024-25, the firm increased its global market share for starter motors from 4.2% to 4.4% and differential gears from 8.1% in CY2023 to 8.8% in CY2024. The company's net order book increased to ₹24,200 crore after securing orders totalling ₹4,700 crore. For an enterprise value of ₹1,600 crore, the business signed a Business Transfer Agreement (BTA) with Escorts Kubota Ltd (Escorts) in 2024-25 to acquire its railway business. The deal was finalized on 1 June 2025. To collaborate on connected, autonomous, and electric technologies for AGVs, drones, and eVTOLs, the company has inked a memorandum of understanding (MOU) with the NMICPS Technology Innovation Hub on Autonomous Navigation Foundation at IIT Hyderabad (TIHAN-IITH) at CES 2025 in Las Vegas, USA. Through the production-linked incentive (PLI) scheme for the automobile and auto component industry in India, the company has obtained certification for another product, namely the hub wheel motor for electric two-wheelers. Risk factor: Changes in commodity prices could have a significant effect on the company's manufacturing costs. Even while there are mechanisms in place to monitor and manage market risks, it is not always possible to fully predict, hedge, or lessen the impact of price volatility on the overall profitability of the business through cost pass-throughs or operational enhancements. Market update The Nifty 50 opened flat at the start of the day, opening at 25,196.60, marginally up by 0.8 points from the closing price of 25,195.8 of the previous day. The index gained 16.25 points, or 0.06%, on Wednesday, with a day-high of 25,255.30 in the morning and closing at 25,212.05. The RSI was at 51.05, far below the overbought zone of 70, and the Nifty 50 closed below the 20-day EMA. But it closed above all three of the 50/100/200-day EMAs on the daily chart. Sensex concluded the day at 82,634.48, up 63.57 points, or 0.08%, with an RSI of 50.25. A dismal start to the earnings season and conflicting global cues are leaving investors confused, which eventually creates uncertainty and volatility in the market. Many major indices were in green on Wednesday. The Nifty PSU Bank Index, which closed at 7,267.20, up 128.85 points, or 1.81%, was among the top gainers. The index was boosted by stocks such as Punjab National Bank, which surged 2.43%; Punjab & Sind Bank, which grew 2.05%; and Bank of Baroda, which jumped 1.95% on Wednesday. Additionally, the Nifty Media Index gained 22.75 points, or 1.31%, to close at 1,758.60. The top gainer of this index was Network 18 Media, which jumped 13.34% after the results announcement that it turned profitable in Q1FY26. Hathaway Cable also jumped 6.35% due to good results in Q1FY26. The Nifty IT Index, which closed at 37,660.70, up 236.10 points, or 0.63%, was also among the top gainers. The index was increased by stocks such as Wipro, Tech Mahindra, and LTI Mindtree, which grew by more than 1.5% on Wednesday. The Nifty Metal Index, however, fell 51.25 points, or 0.54%, and closed at 9,360.70. The index declined as a result of heavyweights such as Jindal Stainless Ltd, Jindal Steel & Power, National Aluminium Co., and Tata Steel Ltd tumbling more than 1%. Another significant loser was the Nifty Healthcare Index, which closed at 14,737.25, down -50.40 points or -0.34%. Asian markets showed a bearish trend on Wednesday. Hong Kong's Hang Seng declined -72.36 points, or -0.30%, to 24,517.76. The Kospi in South Korea closed at 3,186.38, down by -0.91% or -28.90 points. Japan's Nikkei 225 tumbled by -14.62 points, or -0.04%, settling at 39,663.40. Shanghai's Composite Index closed the day marginally lower at 3,503.78, down -1.22 points, or -0.03%. At 5:33pm, Dow Jones Futures were up 93.04 points, or 0.22%, on the US stock exchange at 44,120.77. 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
09-07-2025
- Business
- Mint
Stocks to buy today: Trade Brains Portal recommends two stocks for 9 July
Today, we recommend two stocks, one from the railway sector and another from the FMCG sector. Both sectors play a pivotal role in India's development. The FMCG sector is driven by key factors like rising disposable income, urbanization, digital penetration, and growing rural demand. Whereas, the railway sector is poised to grow in the future as the government is planning to enhance infrastructure, increase speed and capacity, and improve passenger experience. We also analyse the market's performance on Tuesday to understand what may lie ahead for the stock indices in the coming days. Two stocks to buy today, recommended by Trade Brains Portal Indian Railway Finance Corporation Ltd (Current price: ₹138) In FY25, IRFC's net interest income grew by 2.2%, rising from ₹6,429 crore in FY24 to ₹6,569 crore. Its net interest margin also saw a modest improvement, reaching 1.42% compared to 1.38% the previous year. During the fiscal year, IRFC sanctioned loans amounting to ₹5,700 crore, which included ₹700 crore to NTPC and ₹5,000 crore to NTPC Renewable Energy Ltd. The company also signed a rupee term loan agreement worth ₹5,000 crore with NTPC REL and emerged as the L1 bidder for financing ₹3,167 crore toward the development of the Banhardih Coal Block in Jharkhand's Latehar District. The company was awarded Navratna status by the Department of Public Enterprises in FY25 and is aiming to achieve Maharatna status in the near future. The IRFC board also approved financing of up to ₹700 crore to NTPC on a finance lease basis for 20 BOBR rakes under Indian Railways' General Purpose Wagon Investment Scheme (GPWIS). Additionally, a lease agreement for eight BOBR rakes valued at approximately ₹250 crore was signed with NTPC Ltd. in January 2025. IRFC has also entered into a Memorandum of Understanding with REMCL to jointly explore financing options for renewable energy projects for Indian Railways, including potential funding in nuclear, thermal, and renewable energy domains. ITC Ltd (Current price: ₹417) The company's operating revenue for FY25 was ₹81,612.78 crore, up 10.4% from FY24 ₹73,891.43 crore. Their net profit increased by 69%, from ₹20,751.36 crore in FY24 to ₹35,052.48 crore in company's vertically integrated supply chain and strong network of 27,500 farmers spread across 1.4 lakh acres of certified organic land in 71 clusters across 10 states will provide it with a competitive edge. Additionally, ITC has acquired the Sresta Natural Bioproducts Private Limited brand 24 Mantra Organic, a leader in organic packaged foods with a portfolio that comprises over 100 organic products, for ₹400 crore on a cash-free, debt-free basis. Moreover, the company spent ₹50.6 crore to acquire Mother Sparsh Baby Care Private Limited, a business that provides upscale natural and ayurvedic baby care products. Additionally, ITC declared that it will buy ABREL's pulp and paper business, "Century Pulp and Paper," for a single sum payment of up to ₹3,500 crore on a debt-free, cash-free basis. The company has an installed capacity of 4.8 lakh MTPA. Market Recap On Tuesday, the Nifty 50 opened strong at 25,427.85, above all key EMAs, and surged to an intraday high of 25,548.05 before closing at 25,522.50, marking a gain of 61.20 points or 0.24%. Similarly, the BSE Sensex rose by 270.01 points, or 0.32%, opening at 83,387.03 and ending the day at 83,712.51. Both indices remained above their 20/50/100 and 200-day EMAs. The RSI for the Nifty 50 stood at 62.53, while the Sensex was at 61.97, below the overbought zone of 70. The modest gains in both benchmarks were fueled by growing retail investor confidence, though sentiment remained cautious ahead of the anticipated India-US trade agreement outcomes. Sectoral performance was mixed. Nifty Realty emerged as the top gainer, closing at 982.35, up 9.60 points or 0.99%, with stocks such as Brigade Enterprises, Prestige Estate Projects, and Phoenix Mills posting gains of over 1.5%. The Nifty CPSE index also performed well, rising 59.60 points or 0.91% to settle at 6,636.90, bolstered by more than 1% gains in NHPC, NTPC, and Bharat Electronics Ltd. On the flip side, the Nifty Consumer Durables index was the biggest laggard, dropping 895.50 points or 2.29% to end at 38,248.80. Titan Company Ltd led the decline with a fall of over 6%, attributed to weaker-than-expected performance in its jewelry segment. Other major losers included Whirlpool of India, PG Electroplast, and Crompton Greaves Consumer Electricals, each down over 2%. The Nifty Health Index also declined, falling 131.30 points or 0.89% to close at 14,588, weighed down by losses exceeding 2% in Aurobindo Pharma, Lupin, Granules India, and Dr. Reddy's Laboratories. Asian markets closed mostly in the green. The Hang Seng in Hong Kong gained 260.24 points or 1.08% to close at 24,148.07. South Korea's Kospi rose 55.48 points or 1.78% to finish at 3,114.95. Japan's Nikkei 225 added 101.13 points or 0.25%, closing at 39,688.81, while China's Shanghai Composite Index ended higher by 24.35 points or 0.70%, at 3,473.13. Meanwhile, the US Dow Jones Futures saw a marginal uptick, ending at 44,416.46, up 11.09 points or 0.03% as of 5:00 PM. 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.
Business Standard
02-07-2025
- Business
- Business Standard
Adani Ports handles 41.3 MMT of cargo volumes in June'25; total volume for Q1 FY26 rises by 11% YoY
Adani Ports and Special Economic Zone said that it has handled 41.3 MMT of cargo volume in June 2025, which is higher by 12% as compared with the volume of 37 MMT handled in June 2024. The growth in handled cargo volume was primarily due to growth in containers (up 15% YoY). During June 2025, logistics rail volumes stood at 62,146 TEUs (up 14% YoY) and general purpose wagon investment scheme (GPWIS) volume was at 2.21 MMT (up 18% YoY). For the quarter ended 30 June 2025, APSEZ has handled 120.6 MMT of total cargo (up 11% YoY), led by containers (up 19% YoY). Logistics rail volumes stood at 179,479 TEUs (up 15% YoY) and GPWIS volume was at 6.05 MMT (up 9% YoY) for Q1 FY26. Adani Ports and Special Economic Zone (APSEZ) is the largest private port operator in India with capacity of 633 MMT and handled 450 MMT cargo in fiscal 2025. APSEZ operates a portfolio of 15 domestic ports/terminals with international presence at 4 global ports/terminals. Along with its port operations, it has its wide logistics network and offers various port based marine services to its owned ports/terminals as well as other ports. The companys consolidated net profit jumped 47.8% to Rs 3,014.22 crore on a 23.1% increase in net sales to Rs 8,488.44 crore in Q4 FY25 over Q4 FY24. The scrip advanced 0.28% to currently trade at Rs 1451.20 on the BSE.
