Tech Enhanced Investing

Poonawalla Fincorp is currently trading at RS. 413.10, up by 1.50 points or 0.36% from its previous closing of RS. 411.60 on the BSE.

The stock opened at RS. 403.95 and has touched an intraday high of RS. 421.00 and a low of RS. 403.95. A total of 32,011 shares have been traded so far.

This BSE group 'A' stock, with a face value of RS. 2, hit a 52-week high of RS. 436.65 on July 8, 2024, and a 52-week low of RS. 267.25 on March 4, 2025. Over the past week, the stock has moved between RS. 427.70 and RS. 408.35. The company's current market capitalization stands at RS. 32,177.15 crore.

As per the shareholding pattern, promoters hold 62.53%, while institutions and non-institutions hold 20.13% and 17.33% respectively.

In a key development, Poonawalla Fincorp has received approval from its Finance Committee to raise RS. 1600 crore through the issuance of 1,60,000 secured, redeemable, rated, listed non-convertible debentures (NCDs), each with a face value of RS. 1,00,000 via private placement.

The approval was granted by the Finance Committee, authorized by the Board of Directors, on June 20, 2025.

Poonawalla Fincorp, formerly known as Magma Fincorp, is a non-deposit-taking systemically important non-banking financial company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).

Ugro Capital is currently trading at RS. 168.70, up by 1.30 points or 0.78% from its previous closing of RS. 167.40 on the BSE.

The stock opened at RS. 166.30 and has touched an intraday high of RS. 170.20 and a low of RS. 165.50. A total of 14,589 shares have been traded so far.

A BSE group 'B' stock with a face value of RS. 10, Ugro Capital hit a 52-week high of RS. 293.98 on July 1, 2024, and a 52-week low of RS. 144.10 on March 3, 2025. Over the last week, the stock has traded between RS. 183.35 and RS. 165.50. The company’s current market capitalization stands at RS. 1987.88 crore.

Promoters hold a 2.23% stake in the company, while institutional investors and non-institutions hold 29.10% and 68.67% respectively.

Ugro Capital's board, in its meeting held on June 20, 2025, approved raising RS. 911.40 crore through the issuance of 49,264,715 fully paid-up unsecured compulsorily convertible debentures (CCDs). Each CCD, having a face value of RS. 10, will be issued at a price of RS. 185 via preferential allotment, subject to shareholders’ approval.

Each CCD will convert into one equity share with a face value of RS. 10 at a conversion price of RS. 185, which includes a premium of RS. 175 per share.

Ugro Capital is a BSE-listed fintech platform specializing in lending to small businesses.

Indian equity benchmarks were trading near the day’s highs in late session, buoyed by hopes of a diplomatic breakthrough between Iran and Israel after U.S. President Donald Trump indicated a decision on a potential U.S. military strike on Iran would be made within two weeks. Additionally, value buying at lower levels and sustained inflows from Foreign Institutional Investors (FIIs) lifted investor sentiment.

On the domestic front, the BSE Sensex was trading at RS. 82185.14, up by 823.27 points or 1.01%, after moving between RS. 81323.20 and RS. 82297.36. Out of the 30 stocks on the index, 28 were advancing and only 2 were declining.

Broader indices were also in the green; the BSE Mid Cap index surged 0.91%, while the Small Cap index rose 0.58%. Sectorally, the BSE Telecom index led gains, up by 2.23%, followed by Realty (1.52%), Utilities (1.43%), Power (1.36%), and PSU (1.21%). No sectoral indices were in the red.

Top gainers on the Sensex included:

• Mahindra & Mahindra (up 2.99%)

• Bharti Airtel (up 2.85%)

• Power Grid Corporation of India (up 2.27%)

• Bharat Electronics (up 1.86%)

• Reliance Industries (up 1.34%)

On the flip side, Maruti Suzuki (down 0.13%) and Axis Bank (down 0.03%) were the only losers.

Meanwhile, industry body Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to introduce safeguards to protect underutilized domestic units. ALEMAI expressed concern over duty-free imports from Far East nations under free trade pacts, which threaten the viability of nearly 500 local firms. They highlighted that while India’s total aluminium extrusion capacity stands at 3.5 million tonnes per year, only 2 million tonnes are utilized — the rest being imported due to pricing and quality enforcement issues.

ALEMAI welcomed recent anti-dumping measures on solar imports and advocated for further policy support, including the need for skilled manpower and BIS certification to improve product quality and reduce dependence on cheap imports.

The CNX Nifty was also trading strong at RS. 25032.80, up by 239.55 points or 0.97%, within a range of RS. 24783.65 to RS. 25078.35. On the index, 44 stocks were advancing while 6 were declining.

Top Nifty gainers included:

• JIO Financial Services (up 3.03%)

• Mahindra & Mahindra (up 2.87%)

• Bharti Airtel (up 2.78%)

• Power Grid Corporation of India (up 2.29%)

• HDFC Life Insurance (up 2.01%)

Top losers on the Nifty were:

• Hero MotoCorp (down 1.90%)

• Bajaj Auto (down 1.58%)

• ONGC (down 0.24%)

• Bajaj Finance (down 0.22%)

• Maruti Suzuki (down 0.12%)

Global Market Overview:

Asian markets traded mixed:

• Gainers: Hang Seng (up 1.24%), Straits Times (up 0.04%), Taiwan Weighted (up 0.19%), KOSPI (up 1.46%)

• Losers: Jakarta Composite (down 0.3%), Nikkei 225 (down 0.22%), Shanghai Composite (down 0.07%)

European markets were largely higher:

• FTSE 100 (up 0.39% to 8,826.00)

• CAC (France) (up 0.46% to 7,588.00)

• DAX (Germany) (up 0.75% to 23,230.73)

KFin Technologies is currently trading at RS. 1255.90, up by 62.45 points or 5.23% from its previous closing of RS. 1193.45 on the BSE.

The stock opened at RS. 1197.15 and has touched a high of RS. 1262.00 and a low of RS. 1197.15 so far. A total of 67,339 shares have been traded on the counter today.

This BSE group 'A' stock, with a face value of RS. 10, recorded a 52-week high of RS. 1640.00 on December 30, 2024, and a 52-week low of RS. 679.00 on June 21, 2024. During the last week, it touched a high of RS. 1268.75 and a low of RS. 1167.40. The company’s current market capitalization stands at RS. 21608.06 crore.

The promoter holding in the company is 32.91%, while institutions and non-institutions hold 42.93% and 24.15%, respectively.

In a recent development, KFin Technologies has incorporated a wholly owned subsidiary named ‘KFin Technologies (Singapore)’ on June 19, 2025, in Singapore. The company is in the process of securing regulatory approval for capital infusion into the subsidiary.

Earlier, on April 16, 2025, the Board of Directors had approved the incorporation of this wholly owned Singapore-based arm.

KFin Technologies offers services and solutions to various capital market intermediaries including mutual funds, alternative investment funds, and wealth management firms.

Sai Life Sciences is currently trading at RS. 756.85, rising by 27.65 points or 3.79% from its previous close of RS. 729.20 on the BSE.

The stock opened at RS. 735.00 and touched an intraday high of RS. 766.55 and a low of RS. 720.35. So far, 2,09,91,905 shares have been traded on the counter.

A BSE group 'B' stock with a face value of RS. 1, Sai Life Sciences hit a 52-week high of RS. 808.20 on December 26, 2024, and a 52-week low of RS. 635.30 on April 9, 2025. Over the last week, the stock’s high and low were RS. 772.60 and RS. 716.00, respectively. The company currently holds a market capitalization of RS. 15,535.19 crore.

The company’s shareholding pattern includes 35.17% held by promoters, 25.62% by institutions, and 39.21% by non-institutional investors.

In a major operational update, Sai Life Sciences has commenced commercial production in the second phase of its Unit IV Bidar facility in Karnataka, with an added capacity of 91 kL. This marks the completion of a total 195 kL expansion, as detailed in its prospectus.

With this addition, the total capacity of the Bidar Unit IV now stands at 640 kL. The facility is equipped to produce registered starting materials (RSM), intermediates, and active pharmaceutical ingredients (APIs) for both clinical trials and commercial manufacturing.

Sai Life Sciences is a fully-integrated, innovator-focused contract research, development, and manufacturing organization serving global pharmaceutical partners.

Indian equity markets are expected to open on a cautious note this Friday, amid mixed global cues and rising geopolitical tensions due to the ongoing Israel-Iran conflict. Traders are likely to remain alert ahead of the release of India’s forex reserves data. However, continued foreign fund inflows by Foreign Institutional Investors (FIIs) may help limit the downside.

Key Domestic Developments:

RBI Issues Project Finance Norms:
The Reserve Bank of India has released a harmonised framework for financing infrastructure and non-infrastructure projects. These new guidelines apply to banks, NBFCs, and other regulated financial institutions.

Non-Financial Company Sales Up 7.1% in Q4:
RBI data indicates that sales of listed private non-financial companies grew by 7.1% in the January–March quarter of FY25. This is a slight drop compared to 8% in the previous quarter but higher than 6.9% in the same quarter last year.

India Focusing on Complementary Trade Agreements:
Commerce Minister Piyush Goyal stated that India is engaging in trade deals with nations where mutual economic interests can complement, rather than compete, with each other.

Import Curbs on Certain Gold Forms:
To curb illegal imports of gold in liquid form, the government has imposed restrictions on certain colloidal precious metals, including suspensions of gold or silver nanoparticles.

SEBI Allows Liquid Funds for IAs and RAs:
SEBI has permitted Investment Advisers (IAs) and Research Analysts (RAs) to use liquid and overnight mutual funds, in addition to fixed deposits, to meet deposit norms.

Global Markets Overview:

U.S. markets remained closed on Thursday for Juneteenth National Independence Day 2025. Asian markets are trading mixed as investors react to China's interest rate decisions and escalating Middle East tensions.

Domestic Market Recap:

Indian markets ended lower for the third consecutive session on Thursday, affected by weak global cues. The BSE Sensex declined by 82.79 points or 0.10% to close at RS. 81,361.87, while the CNX Nifty dropped 18.80 points or 0.08% to RS. 24,793.25.

Other Key Highlights for the Day:

ICRA Projects FY26 CPI Above 3.5%:
Rating agency ICRA expects India’s Consumer Price Index (CPI) to remain above 3.5% in FY26, with Wholesale Price Index (WPI) estimated to cross 1.8%. It forecasts real GDP growth at 6.2%, slightly lower than 6.5% in FY25.

CRISIL on Core Inflation:
CRISIL reports headline inflation fell to 2.8% in May 2025, mainly due to easing food prices. However, core inflation (excluding food and fuel) continues to rise, signaling underlying demand-side pressure.

India a Rising Tech Hub:
According to Moody’s Analytics, India is emerging as a major hub for data center projects and chip manufacturing, alongside Singapore and Malaysia, driven by increasing investments in AI and digital infrastructure across Asia.

SPML Infra is currently trading at RS. 242.55, marking a sharp rise of 24.70 points or 11.34% from its previous close of RS. 217.85 on the BSE.

The stock opened at RS. 222.30 and recorded a high of RS. 247.90 and a low of RS. 220.75 during the trading session. A total of 1,68,535 shares have been traded so far.

Classified under BSE group 'B', the stock with a face value of RS. 2 touched a 52-week high of RS. 306.00 on September 25, 2024, and a 52-week low of RS. 137.00 on March 18, 2025. Over the past week, it has traded between RS. 247.90 and RS. 212.05. The company's current market capitalization stands at RS. 1687.41 crore.

The shareholding pattern reveals promoters hold 35.21%, institutions hold 15.54%, and non-institutional investors hold 49.25%.

Among other top gainers in BSE group 'B', Sequent Scientific rose by 9.98%, Aeroflex Industries gained 9.52%, and Punjab Chemicals & Crop Protection advanced by 8.71%.

GMM Pfaudler is currently trading at RS. 1164.85, up by 16.15 points or 1.41% from its previous close of RS. 1148.70 on the BSE.

The stock opened at RS. 1171.70 and touched a high of RS. 1186.50 and a low of RS. 1157.70 during the session. A total of 882 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 2, GMM Pfaudler hit a 52-week high of RS. 1530.80 on August 28, 2024, and a 52-week low of RS. 953.00 on April 7, 2025. Over the past week, it has recorded a high of RS. 1186.50 and a low of RS. 1102.70. The company's current market capitalization stands at RS. 5164.24 crore.

The promoter shareholding in the company stands at 25.18%, while institutional investors hold 36.17% and non-institutional investors hold 38.65%.

GMM Pfaudler’s wholly owned subsidiary, Pfaudler Normag Systems GmbH, Germany, has secured a contract with a European customer for the design, engineering, and supply of a complete acid recovery equipment and system. The value of the contract is estimated at around RS. 330 crore.

GMM Pfaudler is a key global supplier of engineered systems and equipment used in critical applications across the chemical, pharmaceutical, food, and energy industries.

Hindalco Industries is currently trading at RS. 644.45, up by 3.00 points or 0.47% from its previous close of RS. 641.45 on the BSE.

The stock opened at RS. 641.45 and has touched a high of RS. 644.90 and a low of RS. 638.25 during the session. A total of 11,153 shares have been traded so far.

This BSE group 'A' stock with a face value of RS. 1 has recorded a 52-week high of RS. 772.00 on October 3, 2024, and a 52-week low of RS. 546.25 on April 7, 2025. In the past week, the stock has moved between RS. 650.50 and RS. 635.35. The current market capitalization of the company stands at RS. 1,43,844.97 crore.

Promoters hold a 34.64% stake in the company, while institutional and non-institutional investors hold 53.14% and 8.54% respectively.

In a strategic development, Hindalco Industries’ wholly owned subsidiary, A.V. Minerals (Netherlands) N.V., has acquired 100% stake in ‘Aditya Holdings LLC’, making it a step-down wholly owned subsidiary. This move aims to enhance Hindalco's global presence, particularly in its downstream business portfolio.

Hindalco Industries is a leading player in the aluminium and copper sectors. Its operations span the entire aluminium value chain including bauxite mining, alumina refining, aluminium smelting, rolling, extrusions, foils, alloy wheels, and also include captive power plants and coal mining.

TD Power Systems is currently trading at RS. 522.65, up by 7.35 points or 1.43% from its previous closing of RS. 515.30 on the BSE.

The stock opened at RS. 517.05 and has touched an intraday high of RS. 528.25 and a low of RS. 516.15. A total of 18,354 shares have been traded so far.

This BSE group 'A' stock, with a face value of RS. 2, touched its 52-week high of RS. 533.30 on June 18, 2025, and a 52-week low of RS. 292.85 on March 3, 2025. Over the past week, the scrip recorded a high of RS. 533.30 and a low of RS. 490.50. The current market capitalization stands at RS. 8095.00 crore.

The promoter holding in the company is 33.22%, while institutional investors and non-institutions hold 44.03% and 22.75%, respectively.

In a significant development, TD Power Systems (TDPS) has received an export order worth approximately RS. 67 crore (excluding taxes) from a leading multinational company. The order is for the supply of components for traction motors, with deliveries scheduled between January 2026 and December 2027.

This order highlights TDPS’s strong technical expertise and reliability in producing high-precision components that meet international standards.

TD Power Systems is among the world’s leading manufacturers of AC Generators, offering products in the 1 MW to 200 MW range for various prime movers including steam turbines, gas turbines, hydro turbines, diesel engines, and wind turbines.