Latest news with #eMudhra
Mint
18-06-2025
- Business
- Mint
eMudhra to Tata Communications: These 5 stocks to trade ex-dividend today or tomorrow
Dividend stocks: eMudhra, Tata Communications, Sarla Performance Fibers, Panasonic Carbon India and Tejas Networks are the five stocks that would turn ex-date with respect to their dividends today or tomorrow. The record date by eMundhra and Sarla Performance Fibers has been fixed as Wednesday, June 18. Tata Communications, Tejas Networks Limited, and Panasonic Carbon India Co Limited had set the record date as Thursday, June 19, to identify the list of shareholders eligible to receive dividends. The T+1 settlement method stipulates that investors must purchase shares of these firms at least one day prior to the record date if they want to take advantage of dividend announcements and receive the dividend payout from these companies. eMundhra Limited— A final dividend of ₹ 1.25 per equity share of ₹ 5 each (25%) for the fiscal year ending March 31, 2025, was approved and recommended by the Board of Directors of eMudhra at its meeting on Tuesday, May 06, 2025, subject to shareholder approval at the 17th Annual General Meeting (AGM). Sarla Performance Fibers" data-vars-link-type="Auto" data-vars-page-type="story">Sarla Performance Fibers Limited—Subject to shareholder approval at the upcoming Annual General Meeting, the Board recommended a final dividend of ₹ 3 per equity share of ₹ 1 each for the fiscal year ending March 31, 2025. Tata Communications—At its meeting on April 22, 2025, the company's board of directors recommended that members approve a dividend of ₹ 25 for each equity share with a face value of ₹ 10 apiece, or 250%, at the 39th AGM. If authorised, the dividend will be distributed by July 10, 2025, at the latest. Panasonic Carbon India Co. Limited—For the fiscal year 2024–2025, the Board has recommended a dividend of ₹ 12 per equity share (i.e., 120%) on fully paid-up equity shares of ₹ 10 each. Tejas Networks Limited— At its meeting on April 25, 2025, the company's board of directors recommended that members approve a dividend of ₹ 2.50 per equity share with a face value of ₹ 10 each at the 25th annual general meeting.
Mint
18-06-2025
- Business
- Mint
eMudhra to Tata Communications: 5 stocks in focus to trade Ex-dividend today or tomorrow
eMudhra to Tata Communications: 5 stocks in focus to trade Ex-dividend today or tomorrow The record date had been set by eMundhra and Sarla Performance Fibers Limited on Wednesday, 18 June 2025, and Tata Communications, Tejas Networks Limited, and Panasonic Carbon India Co Limited had set record date as Thursday, 19 June 2025, to identify list of shareholders eligible to receive dividends. The T+1 settlement method stipulates that investors must purchase shares of these firms at least one day prior to the record date if they want to take advantage of dividend announcements and receive the dividend payout from these companies. eMundhra Limited— A final dividend of Rs. 1.25 per equity share of Rs. 5 each (25%) for the fiscal year ending March 31, 2025, has been approved and recommended by the Board of Directors of eMudhra at its meeting on Tuesday, May 06, 2025, subject to shareholder approval at the 17th Annual General Meeting (AGM). Sarla Performance Fibers Limited—Subject to shareholder approval at the upcoming Annual General Meeting, the Board recommended a final dividend of ₹ 3 per equity share of ₹ 1 each for the fiscal year ending March 31, 2025. Tata Communications—At its meeting on April 22, 2025, the company's board of directors recommended that members approve a dividend of ₹ 25 for each equity share with a face value of ₹ 10 apiece, or 250 percent, at the 39th AGM. If authorized, the dividend will be distributed by July 10, 2025, at the latest. Panasonic Carbon India Co. Limited—For the fiscal year 2024–2025, the Board has recommended a dividend of Rs. 12 per equity share (i.e., 120%) on fully paid-up equity shares of Rs. 10 each. Tejas Networks Limited— At its meeting on April 25, 2025, the company's board of directors recommended that members approve a dividend of Rs. 2.50 per equity share with a face value of Rs. 10 each at the 25th annual general meeting. T Disclaimer: This story is for educational purposes only. 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.
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Business Standard
17-06-2025
- Business
- Business Standard
Ex-date Alert! These 3 stocks to trade ex-date on June 18; do you own any?
Dividend stocks, rights issue: Shares of eMudhra, Sarla Performance Fibers, and Capital Trust are expected to remain in spotlight today as they trade ex-date tomorrow, Wednesday, June 18, following their corporate announcements. Among them, eMudhra and Sarla Performance Fibers are set to trade ex-dividend date, while Capital Trust will trade ex-date for the rights issue, showed the BSE data. The ex-date marks the cutoff for eligibility in corporate actions such as dividend payouts or rights entitlements. Investors must hold shares prior to this date to be deemed eligible. The companies, however, finalise recipients based on shareholder records as of the close of the record date. Here are the complete details of stocks trading ex-date on June 18, along with their announcements: eMudhra dividend 2025 IT Enabled Services provider company eMudhra has informed the exchanges that its board has recommended a final dividend of ₹1.25 per share for the financial year 2024-25 on its fully paid-up equity share capital of the company. This, however, remains subject to the approval of shareholders at the ensuing Annual General Meeting of the company to be held on Wednesday, June 25, 2025. The company has set the record date for determining the entitlement of shareholders to the final dividend on Wednesday, June 18, 2025. Sarla Performance Fibers dividend 2025 The Other Textile Products maker Sarla Performance Fibers has had the Board recommend a final dividend of ₹3 per equity share of ₹1/- each for the financial year ended March 31, 2025, subject to the approval of the shareholders at the forthcoming Annual General Meeting to be held on Wednesday, June 25, 2025. The company has fixed Wednesday, June 18, 2025, as the record date/cut-off date for determining the eligibility of members to receive the final dividend, if declared, for the financial year ended March 31, 2025, and for e-voting at the AGM. It is worth noting that the company is under Enhanced Surveillance Measure (ESM: Stage 1) on the BSE. Capital Trust rights issue Capital Trust shares will remain in spotlight as the company has announced the rights issue of 6.075 million fully paid-up equity shares at an issue price of ₹82/- per rights equity share (comprising face value of ₹10/- and a premium of ₹72/- per share), aggregating to ₹49.81 crore. The company has set the rights entitlement ratio in such a way that 5 rights equity shares will be offered for every 14 fully paid-up equity shares held by eligible shareholders on the record date, Monday, June 16, 2025. The rights issue will remain available from Wednesday, June 25, 2025, till Saturday, July 12, 2025. The last date for on-market renunciation of rights entitlements is Wednesday, July 09, 2025. Finalisation of the basis of allotment is on or about Friday, July 18, 2025.
Mint
04-06-2025
- Business
- Mint
Recommended stocks to buy today: Top stock picks by market experts for 4 June
Indian stock markets extended their losing streak for a third straight session on Tuesday, 3 June, as weak global cues, stretched valuations, and persistent foreign capital outflows weighed on investor sentiment. The Sensex opened at 81,492.50, slightly higher than its previous close of 81,373.75, but soon tumbled nearly 800 points—or 1%—to hit an intraday low of 80,575.09. The Nifty 50 followed a similar trajectory, opening at 24,786.30 versus the previous close of 24,716.60, before slipping to an intraday low of 24,502.15, also down about 1%. By the end of the day's trading session, the Sensex had shed 636 points, or 0.78%, to end at 80,737.51, while the Nifty 50 closed at 24,542.50, down 174 points, or 0.70%. On to the top stock recommendations for today by some of India's top market experts. . Stocks to trade today, recommended by Trade Brains Portal for 4 June The company operates in two key segments: Enterprise Solutions, which contributes 80% of its revenue, and Trust Services, which accounts for the remaining 20%. eMudhra is uniquely positioned as the only Indian company offering a unified platform for identity, signing, cryptography, and certificate automation. It continues to lead the Indian market in the Trust Services segment, providing a wide range of digital certificates, including digital signature, SSL/TLS, and S/MIME certificates. In FY25, the company's international business grew 57.3% year-on-year, now contributing 62% of total revenue. eMudhra plans to expand further into the European Union in FY26. It also made strategic acquisitions in the U.S., including Ikon and Two95, to strengthen its presence and create cross-selling opportunities in the American market. Financially, eMudhra reported a total income of ₹527.8 crore in FY25, up 38.9% YoY, driven by strong global demand for its services and solutions. Adjusted EBITDA rose 15.7% YoY to ₹141.3 crore, with a 4-year CAGR of 35%. Adjusted PAT stood at ₹94.6 crore, up 17.3% YoY, with a robust margin of 17.9%. The company remains debt-free, with cash and cash equivalents of ₹188.56 crore as of FY25. In FY25, BHFL surpassed ₹1 lakh crore in assets under management (AUM), reaching ₹1,14,684 crore. Its AUM is well-diversified: home loans make up 56.2%, lease rental discounting 19.1%, developer finance 12.5%, loans against property 10.7%, and other segments the remaining 1.5%. The company now operates 216 branches across 174 locations in 22 states. Since FY18, BHFL's AUM has grown at a staggering 64% CAGR. Total income in FY25 rose 25.7% YoY to ₹9,576 crore, while loan disbursements increased 25% YoY to ₹14,254 crore. Profit after tax for the year stood at ₹2,163 crore, also up 25%. The operating expense (OPEX) ratio has improved dramatically—from 74.6% in FY18 to 20.8% in FY25—reflecting strong cost control. Return on equity has strengthened to 13.4% in FY25 from 7.8% in FY21. Asset quality remains robust, with gross NPAs at just 0.11% and a provision coverage ratio of 60%. Net interest margin remains healthy and stable at 4% in Q4FY25. Looking ahead, management has guided for 24–26% AUM growth over the medium term. The OPEX ratio is expected to fall further to 14–15%, and ROE is projected to improve to 13–15%. GNPA levels are expected to remain within 40–60 basis points. Leverage, currently at 5.2x, is targeted to increase to 7–8x, while the debt-to-equity ratio stood at 4.1x in FY25. BHFL plans to invest aggressively in its Strategic Business Units and expand into non-metro markets in FY26 to sustain its growth momentum. Two stock recommendations for today, 3 June, by MarketSmith India Why it's recommended: Strong R&D capability, robust financial position. Key metrics: P/E: 13.74 | 52-week high: ₹ 274.70 | Volume: ₹155.17 crore Technical analysis: Reclaimed its 200-DMA Risk factors: Volatile raw material prices, monsoon dependency, and environmental compliance Buy at: ₹208.42 Target price: ₹240 in three months Stop-loss: ₹195 Why it's recommended: Diversified revenue streams, strategic expansion plans. Key metrics: P/E: 13.45 | 52-week high: ₹677 | Volume: ₹103.13 crore Technical analysis: Bullish flag pattern breakout Risk factors: Commodity price volatility Buy at: ₹551 Target price: ₹610 in three months Stop-loss: ₹525 Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader MarketSmith India: Trade name: William O'Neil India Pvt. Ltd; Sebi-registered research analyst registration number: INH000015543 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. 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.
Mint
04-06-2025
- Business
- Mint
Stocks to trade today: Trade Brains Portal recommends two stocks for 4 June
Stock market today: Indian stock markets extended their losing streak for a third straight session on Tuesday, 3 June, as weak global cues, stretched valuations, and persistent foreign capital outflows weighed on investor sentiment. The Sensex opened at 81,492.50, slightly higher than its previous close of 81,373.75, but soon tumbled nearly 800 points—or 1%—to hit an intraday low of 80,575.09. The Nifty 50 followed a similar trajectory, opening at 24,786.30 versus the previous close of 24,716.60, before slipping to an intraday low of 24,502.15, also down about 1%. By the close, the Sensex had shed 636 points, or 0.78%, to end at 80,737.51, while the Nifty 50 closed at 24,542.50, down 174 points, or 0.70%. Against this backdrop, Trade Brains Portal has recommended two stocks for 4 June—one from the IT solutions sector and the other from the housing finance sector. Current price : ₹ 758 : 758 Target price : ₹ 920 (16–24 months) : 920 (16–24 months) Stop-loss : ₹ 677 : 677 Why eMudhra is recommended: Established in 2008, eMudhra Ltd is a global organization enabling secure digital transformation through Trust services and identity-based solutions. As India's largest certifying authority, it has issued over 60 million digital identities and serves enterprise clients across more than 21 countries. Its customer base includes Fortune 100 companies and over 1,000 enterprises that rely on its identity, authentication, and paperless platforms for digital transformation initiatives. The company operates in two key segments: Enterprise Solutions, which contributes 80% of its revenue, and Trust Services, which accounts for the remaining 20%. eMudhra is uniquely positioned as the only Indian company offering a unified platform for identity, signing, cryptography, and certificate automation. It continues to lead the Indian market in the Trust Services segment, providing a wide range of digital certificates, including digital signature, SSL/TLS, and S/MIME certificates. In FY25, the company's international business grew 57.3% year-on-year, now contributing 62% of total revenue. eMudhra plans to expand further into the European Union in FY26. It also made strategic acquisitions in the U.S., including Ikon and Two95, to strengthen its presence and create cross-selling opportunities in the American market. Financially, eMudhra reported a total income of ₹ 527.8 crore in FY25, up 38.9% YoY, driven by strong global demand for its services and solutions. Adjusted EBITDA rose 15.7% YoY to ₹ 141.3 crore, with a 4-year CAGR of 35%. Adjusted PAT stood at ₹ 94.6 crore, up 17.3% YoY, with a robust margin of 17.9%. The company remains debt-free, with cash and cash equivalents of ₹ 188.56 crore as of FY25. Risk factors: However, the business is exposed to regulatory risk, as it relies on licences to issue digital certificates. Failure to comply with evolving guidelines or audit requirements in India or abroad could affect operations. Additionally, it faces competition from global players such as DigiCert, Entrust, Sectigo, and GlobalSign across various digital certificate offerings. Read this | Analysts and investors have soured on Asian Paints. Can it prove them wrong? Current price : ₹ 122 : 122 Target price : ₹ 150 (16–24 months) : 150 (16–24 months) Stop-loss : ₹ 108 : 108 Why Bajaj Housing Finance is recommended: A non-deposit-taking housing finance company registered with the National Housing Bank in 2015, Bajaj Housing Finance Ltd (BHFL) began operations in 2017. It offers a range of secured lending products including home loans, loans against property, lease rental discounting, and developer finance, with a focus on maintaining a low-risk, medium-return portfolio. In FY25, BHFL surpassed ₹ 1 lakh crore in assets under management (AUM), reaching ₹ 1,14,684 crore. Its AUM is well-diversified: home loans make up 56.2%, lease rental discounting 19.1%, developer finance 12.5%, loans against property 10.7%, and other segments the remaining 1.5%. The company now operates 216 branches across 174 locations in 22 states. Since FY18, BHFL's AUM has grown at a staggering 64% CAGR. Total income in FY25 rose 25.7% YoY to ₹ 9,576 crore, while loan disbursements increased 25% YoY to ₹ 14,254 crore. Profit after tax for the year stood at ₹ 2,163 crore, also up 25%. The operating expense (OPEX) ratio has improved dramatically—from 74.6% in FY18 to 20.8% in FY25—reflecting strong cost control. Return on equity has strengthened to 13.4% in FY25 from 7.8% in FY21. Asset quality remains robust, with gross NPAs at just 0.11% and a provision coverage ratio of 60%. Net interest margin remains healthy and stable at 4% in Q4FY25. Looking ahead, management has guided for 24–26% AUM growth over the medium term. The OPEX ratio is expected to fall further to 14–15%, and ROE is projected to improve to 13–15%. GNPA levels are expected to remain within 40–60 basis points. Leverage, currently at 5.2x, is targeted to increase to 7–8x, while the debt-to-equity ratio stood at 4.1x in FY25. BHFL plans to invest aggressively in its Strategic Business Units and expand into non-metro markets in FY26 to sustain its growth momentum. Risk factors. The housing finance industry is highly competitive, especially in the affordable housing space. BHFL could face pressure on lending margins and market share if it is forced to lower rates. Additionally, the company faces geographic concentration risk, with a significant portion of its business concentrated in four states and the New Delhi region. Read this | Rich valuation pricks Bajaj Finance as it cuts guidance Indian equity markets began Tuesday's session on a weak footing, tracking global volatility, rising crude prices, and persistent foreign fund outflows. The Nifty 50 opened at 24,786.30 and slipped to an intraday low of 24,502.15, while the BSE Sensex opened at 81,492.50 before hitting a low of 80,575.09. By the close, the Nifty 50 was down 174.10 points, or 0.70%, at 24,542.50. It remained above the 50-, 100-, and 200-day exponential moving averages (EMAs) on the daily chart but slipped below the 20-day EMA, with an RSI reading of 50.64. The Sensex fell 636.24 points, or 0.78%, to end at 80,737.51—marking its third straight session in the red. Among sectoral indices, Nifty Realty led the gains, rising 1.20% to close at 982.90. Sobha Ltd surged 5.38%, followed by Brigade Enterprises (up 4.48%) and Prestige Estate Projects (up 3.01%), the latter buoyed by its announcement of upcoming housing launches worth ₹ 42,000 crore. Nifty Media also performed well, gaining 0.54% to end at 1,726.10. PVR Inox led the pack with a 2.19% rise, while DB Corp and Zee Entertainment gained 2.08% and 1.92%, respectively. On the flip side, Nifty Private Bank was the worst-performing index, dropping 1.17% to close at 27,346.35. Yes Bank led the losses with a steep 10.40% decline, followed by IDFC First Bank, which was down 2.53%. Asian markets, meanwhile, traded higher on easing trade tensions between the US and China. Hong Kong's Hang Seng index jumped 1.53% to 23,512.49, while the Shanghai Composite and Taiwan Weighted Index also ended in the green, up to 0.6% higher. 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.
