Category: Stock Market

In a significant development for India’s financial sector, Jio BlackRock Asset Management, a joint venture between Jio Financial Services Limited (JFSL) and global investment firm BlackRock, has secured approval from the Securities and Exchange Board of India (SEBI) to commence mutual fund operations.

A major talking point of this JV is Aladdin — BlackRock’s proprietary platform used by the biggest institutional investors globally for:

• Risk analysis
• Portfolio optimization
• Predictive analytics

Bringing this to Indian retail investors means better research, more transparency, and potentially smarter fund performance.

Sid Swaminathan, formerly the head of International Index Equity at BlackRock, has been appointed as the Managing Director and CEO of Jio BlackRock Asset Management. Under his leadership, the venture plans to leverage BlackRock’s renowned Aladdin platform—a comprehensive investment and risk management system—to deliver data-driven investment solutions.

The entry of Jio BlackRock into the mutual fund space is expected to intensify competition among the existing 44 asset management companies in India, which collectively manage assets worth approximately ₹69.5 trillion (around $813.8 billion).

Here are five things investors and competitors should look out for:

1. Fund Launch Timeline: First products expected in Q3–Q4 of 2025
2. Likely Fund Types:
   • Liquid funds for conservative investors
   • Index and ETF products for cost-conscious users
   • SIP-based retirement and tax-saving funds (ELSS)
3. Exclusive Offers: Jio may offer zero-commission investments to onboard users quickly.
4. Integrated App Launch: Likely integration within MyJio app, with standalone mutual fund features.
5. Cross-Selling: Jio could cross-sell mutual funds alongside telecom, Jio Mart, and even insurance services.

Likely Product Launches in H2 2025:

• Liquid funds and ultra-short-term funds
• Index-based and ETF products for low-cost investing
• Retirement-oriented funds and SIP-focused tools

Who Should Watch Out:

• First-time investors
• Tier-2 and Tier-3 city investors with Jio access
• Young investors looking for transparent and tech-enabled options

Parameter	Status Quo	Post Jio-BlackRock Entry
Distribution	Agents & apps like Zerodha, Paytm	Jio’s telecom and digital stack
Investor Onboarding	KYC bottlenecks	Instant eKYC via Aadhaar/Jio
Fund Pricing	1-1.5% average expense ratio	Possibly under 0.5% (if ETF/index)
Investor Demographics	Tier 1 & 2 focus	Tier 3 & rural expansion

Phase	Expected Milestones
📅 Q3 2025	First set of fund launches (likely passive/index funds)
📅 Q4 2025	MyJio app integration and SIP rewards rollouts
📅 Q1 2026	Launch of thematic, hybrid, and retirement funds
📅 H2 2026	Possible international ETFs, tax-saving ELSS funds

Conclusion: Should You Watch Out for Jio-BlackRock?

Jio-BlackRock’s arrival is not just news — it’s a signal that India’s mutual fund industry is evolving fast. With its digital strength, capital backing, and global investment tools, this JV could democratize investing like never before.

For investors, this means:

• More choice
• Lower costs
• Easier access
• Smarter tools

If you’re looking to start your SIP journey or diversify your portfolio, keeping an eye on their upcoming NFOs (New Fund Offers) is a smart move.

India’s leading discount brokerage platform, Groww, has announced a revision in its fee structure, set to take effect from June 21, 2025. This move comes amid rising operational costs and regulatory changes impacting the brokerage industry.

1. Minimum Brokerage Fee:

• Current: ₹2 per equity order
• Revised: ₹5 per equity order

This adjustment represents a 150% increase in the minimum brokerage fee, primarily affecting small-value equity trades.

2. Depository Participant (DP) Charges:

• Current: ₹18.5 per day per stock, regardless of the number of sale transactions
• Revised: ₹20 per sale transaction

Previously, Groww absorbed certain DP charges on behalf of clients. With the revised pricing, these charges will now be directly applicable to clients for each sell transaction.

3. Margin Trading Facility (MTF) Interest Rate:

• Current: 15.75% per annum for amounts below ₹25 lakh; 9.75% for ₹25 lakh and above
• Revised: 14.95% per annum flat rate

The MTF interest rate has been standardized to a flat rate, impacting clients utilizing margin trading services.

The decision to revise the fee structure is influenced by several factors:

• Regulatory Changes: The Securities and Exchange Board of India’s (SEBI) ‘true-to-label’ norms have eliminated certain revenue streams for brokers, such as hidden markups and rebates, which previously contributed significantly to their income.
• Operational Costs: Increasing expenses related to technology infrastructure and compliance have put pressure on brokerage firms to adjust their pricing models.

Prakarsh Gagdani, CEO of Torus Financial Market, noted that the cost of doing broking business is compelling brokerages to hike rates.

Groww communicated these changes to its clients via email, detailing the revised charges and their effective date. The brokerage emphasized that the adjustments are necessary to maintain service quality amid changing market dynamics.

The fee revision has sparked discussions among investors and industry observers. Some clients have expressed concerns over the increased costs, especially for small-ticket trades. However, such adjustments are becoming common across the brokerage industry as firms adapt to evolving regulatory and economic landscapes.

Groww’s upcoming fee revisions reflect broader trends in the brokerage industry, where firms are recalibrating their pricing structures in response to regulatory changes and operational challenges. Clients are advised to review the new fee schedule and assess its impact on their trading activities.

In an extraordinary display of resilience and growth, Zen Technologies’ stock has surged from approximately ₹1,200 in early May to over ₹2,100 by the end of the month, marking a remarkable 75% increase within a single month.

Stock Performance Overview

Zen Technologies’ share price trajectory in May 2025 is as follows:

• May 2, 2025: ₹1,389.50
• May 9, 2025: ₹1,406.40
• May 15, 2025: ₹1,709.40
• May 22, 2025: ₹1,888.80
• May 29, 2025: ₹2,114.20

This upward trajectory reflects a consistent and robust growth pattern throughout the month.

Catalysts Behind the Surge

Several factors have contributed to this impressive rally:

1. Operation Sindoor: The Indian government’s military response, Operation Sindoor, launched on May 7, 2025, significantly boosted investor confidence in defense stocks, including Zen Technologies.
2. Strong Financial Performance: Zen Technologies reported a doubling of its revenue to ₹974 crore and a net profit increase to ₹299 crore in FY25, showcasing robust financial health.
3. Increased Defense Spending: Investor optimism regarding increased military expenditure following a renewed ceasefire and stabilization along the India-Pakistan border further fueled the stock’s ascent.

Technical Indicators

Zen Technologies’ stock has been trading in the upper part of a strong rising trend in the short term, indicating a positive outlook. The stock holds buy signals from both short and long-term moving averages, suggesting continued upward momentum.

Conclusion

Zen Technologies’ substantial growth in May 2025 underscores its strong positioning in the defense sector and investor confidence in its future prospects. While the stock has experienced significant gains, potential investors should conduct thorough research and consider market conditions before making investment decisions.

DISCLAIMER: This Blog is for informational purposes only and should not be construed as investment advice. Stock markets are subject to risks; please invest based on your risk profile

Dar Credit and Capital Limited, a non-banking financial company (NBFC) specializing in providing credit solutions to underserved segments, has launched its Initial Public Offering (IPO) on the NSE SME platform. The IPO opened for subscription on May 21, 2025, and will close on May 23, 2025.

• Issue Size: ₹25.66 crore
• Price Band: ₹57 to ₹60 per share
• Lot Size: 2,000 shares
• Minimum Investment: ₹1,20,000
• Issue Type: Book-built, 100% fresh issue
• Listing Platform: NSE SME
• Listing Date: May 28, 2025
• Lead Manager: GYR Capital Advisors Pvt. Ltd.
• Registrar: Kfin Technologies Ltd.
• Market Maker: SMC Global Securities Ltd.

Incorporated in 1994, Dar Credit and Capital Limited focuses on providing financial products such as personal loans, unsecured MSME loans, and secured MSME loans. The company primarily serves low-income individuals, including municipal workers, small shopkeepers, and women entrepreneurs. As of September 30, 2024, Dar Credit and Capital operated 35 branches across Rajasthan, Gujarat, West Bengal, Madhya Pradesh, Chhattisgarh, Bihar, and Jharkhand. The company utilizes digital processes, employing the Vijay software by Qbent Technologies for efficient loan management.

Financial Performance

• Revenue:
  • FY23: ₹25.57 crore
  • FY24: ₹33.01 crore
• Profit After Tax (PAT):
  • FY23: ₹2.72 crore
  • FY24: ₹3.68 crore
• Net Worth:
  • FY23: ₹62.15 crore
  • FY24: ₹65.34 crore
• Return on Net Worth (RoNW): 6.08%
• Debt-to-Equity Ratio: 2.51

As of Day 2 (May 22, 2025), the IPO has been oversubscribed 9.74 times, reflecting strong investor interest. The breakdown is as follows:

• Qualified Institutional Buyers (QIBs): 1.65 times
• Non-Institutional Investors (NIIs): 7.59 times
• Retail Individual Investors (RIIs): 15.24 times

The Grey Market Premium for Dar Credit and Capital’s IPO stands at ₹16 as of May 22, 2025. This suggests a potential listing price of ₹76 per share, indicating a 26.67% premium over the upper end of the price band.

Important Dates

• IPO Open Date: May 21, 2025
• IPO Close Date: May 23, 2025
• Basis of Allotment: May 26, 2025
• Initiation of Refunds: May 27, 2025
• Credit of Shares to Demat: May 27, 2025
• Listing Date: May 28, 2025B

Use of Proceeds

The net proceeds from the IPO will be utilized for the following purposes:

• Augmenting the capital base of the company: ₹22 crore (85.74%)
• General corporate purposes: ₹3.66 crore (14.26%

Company	P/E Ratio	RoNW (%)	Net Worth (₹ Cr.)
Dar Credit and Capital Ltd.	16.29	6.08	66.35
Spandana Sphoorty Financial	3.94	13.74	3645
Muthoot Microfin Ltd.	4.82	16.03	2804

Dar Credit and Capital’s IPO has garnered significant attention, evident from its substantial oversubscription and a notable Grey Market Premium. The company’s focus on serving underserved segments, coupled with its consistent financial performance, makes it an attractive proposition for investors looking to tap into the growing NBFC sector in India.

Note: Investors are advised to consider their investment objectives and consult financial advisors before making investment decisions.

Dixon Technologies (India) Ltd., a leading player in India’s Electronics Manufacturing Services (EMS) sector, has announced its Q4 FY24 results, showing robust revenue growth, sharp rise in net profit and strong progress from the Mobile & EMS division. As India focuses on becoming a global manufacturing hub, Dixon continues to be at the forefront of this transformation.

1. Revenue from Operations: ₹4,657.97 crore
(Up 52% from ₹3,065.45 crore in Q4 FY23)

2. Net Profit (PAT): ₹97.3 crore
(Up 20.6% from ₹80.62 crore in Q4 FY23)

3. EBITDA: ₹199 crore
(Up 26% YoY)

4. EBITDA Margin: 4.3%
(Down from 5.2% in Q4 FY23)

5. EPS: ₹16.31
(Compared to ₹13.57 last year)

1. Mobile & EMS

• Revenue: ₹3,091 crore
• Growth: 119% YoY
• Contribution: Over 66% of total revenue
• Comment: Massive boost driven by larger volumes and strengthened partnerships with global smartphone brands.

2. Consumer Electronics (TVs)

• Revenue: ₹897 crore
• Growth: -9% YoY
• Comment: A decline due to weak demand and market saturation in the television segment.

3. Lighting Products

• Revenue: ₹197 crore
• Growth: -27% YoY
• Comment: A drop due to price competitiveness and reduced institutional orders.

4. Home Appliances (Washing Machines)

• Revenue: ₹294 crore
• Growth: +5% YoY
• Comment: Stable growth fueled by seasonal demand and OEM expansions.

5. Security Systems

• Revenue: ₹179 crore
• Growth: +44% YoY
• Comment: Rapid growth due to increasing demand for surveillance and smart home solutions.

1. PLI Scheme Participation: Dixon remains one of the key beneficiaries of India’s Production Linked Incentive schemes for mobile and IT hardware manufacturing.

2. Export Growth Strategy: Plans are underway to increase exports, especially to Asia and Africa, leveraging India’s growing status as a trusted manufacturing alternative to China.

3. Expansion & CapEx: The company has been investing in automation and setting up new manufacturing units to meet rising demand, especially in wearables and LED lighting.

• Final Dividend Declared: ₹5 per share

With electronics manufacturing gaining national priority, Dixon Technologies is in a sweet spot to:

• Lead India’s EMS exports
• Expand its client base in mobile, wearables, and appliances
• Improve operational efficiencies via automation and supply chain optimization

However, margin restoration and diversifying segment contributions will be critical themes for Dixon in the coming quarters.

Dixon Technologies’ Q4 FY25 results cement its position as India’s leading EMS brand, particularly in mobile manufacturing. While some legacy verticals face headwinds, the company’s forward-looking investments in exports, wearables, and capacity scaling put it on a strong path for sustained growth.

For long-term investors and policy watchers alike, Dixon remains a bellwether for India’s electronic manufacturing ambitions.

DISCLAIMER: This Blog is for informational purposes only and should not be construed as investment advice. Please invest based on your risk profile

भारत के रक्षा क्षेत्र में शेयर कीमतों में उल्लेखनीय उछाल आया है, खास तौर पर Mazagon Dock Shipbuilders, Cochin Shipyard, Garden Reach Shipbuilders and Engineers (GRSE) और Paras Defence and Space Technologies कंपनियों के शेयरों में। यह उछाल कई कारकों को दर्शाता है, जिसमें मजबूत वित्तीय प्रदर्शन, सरकार का रक्षा खर्च में वृद्धि, सफल सैन्य अभियान और रणनीतिक साझेदारी शामिल हैं।

मजबूत Financial Performance :

GRSE: मार्च तिमाही में लाभ दोगुना होकर ₹224 करोड़ हो गया, जो पिछले साल ₹112 करोड़ था।

Cochin Shipyard: मजबूत आय और तमिलनाडु में शिपयार्ड स्थापित करने के लिए दक्षिण कोरिया की एचडी हुंडई के साथ संभावित ₹10,000 करोड़ के संयुक्त उद्यम की खबर के बाद लगभग 14% की बढ़त हुई।

विश्लेषकों का अनुमान है कि सरकार के बढ़े हुए रक्षा खर्च और आधुनिकीकरण पहलों के कारण मझगांव डॉक, जीआरएसई और कोचीन शिपयार्ड के लिए ऑर्डर बुक वित्त वर्ष 27 तक तीन गुना से अधिक हो सकती है।

प्रधानमंत्री नरेंद्र मोदी द्वारा स्वदेशी रक्षा विनिर्माण पर जोर दिए जाने से निवेशकों का भरोसा बढ़ा है। ऑपरेशन सिंदूर की सफलता ने भारत की बढ़ती तकनीकी आत्मनिर्भरता को प्रदर्शित किया है, जिससे घरेलू रक्षा क्षमताओं में आशावाद को और बढ़ावा मिला है।

1. Mazagon Dock: अमेरिकी नौसेना के साथ मास्टर शिप रिपेयर समझौते पर हस्ताक्षर किए, जिससे इसकी वैश्विक उपस्थिति का विस्तार हुआ और अमेरिकी नौसेना के जहाजों की सर्विसिंग के लिए रास्ते खुले।
विकिपीडिया

2. GRSE: बांग्लादेश नौसेना से एक उन्नत समुद्री टग के लिए $21 मिलियन के अनुबंध सहित अंतर्राष्ट्रीय ऑर्डर प्राप्त किए, जिससे इसकी निर्यात क्षमताओं पर प्रकाश डाला गया।

निफ्टी इंडिया डिफेंस इंडेक्स में लगातार चौथे कारोबारी दिन 2% से अधिक की बढ़ोतरी हुई है, जिसमें रक्षा शेयरों में एक ही दिन में 8% तक की तेजी आई है।

Company	Recent Price Movement	Key Highlights
GRSE	↑ 18.25%	Q4 profit doubled; strong order pipeline
Cochin Shipyard	↑ 13.94%	Robust earnings; JV with HD Hyundai
Mazagon Dock	↑ 4.29%	Strategic U.S. Navy agreement; anticipated order boom
Paras Defence	↑ 6.26%	Strong revenue and EBITDA growth

मजबूत वित्तीय नतीजों, स्वदेशी विनिर्माण को बढ़ावा देने वाली सरकारी पहलों, सफल सैन्य अभियानों और रणनीतिक अंतरराष्ट्रीय सहयोगों के संगम ने भारत के रक्षा क्षेत्र को निरंतर विकास के लिए तैयार किया है। मझगांव डॉक, कोचीन शिपयार्ड, जीआरएसई और पारस डिफेंस जैसी कंपनियां इस गति में सबसे आगे हैं, जो देश की उभरती रक्षा क्षमताओं और इस क्षेत्र की भविष्य की संभावनाओं में निवेशकों के विश्वास को दर्शाती हैं।

India’s leading pharmaceutical company Lupin Limited announced its financial results for the fourth quarter of FY 2025 on May 14. The company reported a consolidated net profit of ₹94.98 crore, showing a growth of 34.95% compared to the same quarter last year. Despite this strong performance, Lupin’s share price saw a marginal decline of 0.15% after the earnings release.

Key financial highlights:

1. Net profit: ₹94.98 crore, up 34.95% year-on-year.

2. EBITDA margin: improved to 25.50%, reflecting enhanced

operating efficiency.

3. Revenue: Specific revenue figures for Q4 FY25 have not been

disclosed in available sources.

Following the announcement, Lupin shares witnessed a marginal decline of 0.15%, closing at ₹2,044.4 on the NSE. This marginal decline suggests that while the company’s earnings were strong, they may be in line with market expectations, leading to a neutral reaction from investors.

Before the earnings release, analysts had expected Lupin to post strong year-on-year performance, driven by robust sales in key markets and the impact of recent major product launches. The reported figures appear to be in line with these expectations, reflecting the company’s solid market position and strategic initiatives.

Lupin’s Q4 FY25 results reflect a significant year-on-year increase in net profit and improved operating margins. While the immediate market reaction was indifferent, the company’s strong financial performance underscores its resilience and strategic focus in the competitive pharmaceutical sector. Investors and stakeholders will be closely watching how Lupin carries forward this momentum in the upcoming financial year.

DISCLAIMER: This Blog is for informational purposes only and should not be construed as investment advice. Stock markets are subject to risks; please invest based on your risk profile

KPI Green Energy Limited, a leading company in India’s renewable energy sector, has reported exceptional performance for the fourth quarter of FY 2025. The company’s consolidated profit after tax (PAT) grew 142% year-on-year to ₹104 crore from ₹43 crore in the same period last year.

This impressive growth is attributed to a significant increase in revenue, which almost doubled to ₹569.41 crore compared to ₹289.36 crore in Q4 FY24.

After the announcement of these Impressive results, KPI Green Energy’s share price jumped significantly. The stock climbed over 7% in intraday trading to hit ₹446.75 per share, its highest level since March 2025.

KPI Green Energy is actively expanding its renewable energy portfolio. In March 2025, the company received financial assistance of ₹272 crore from the National Bank for Financing Infrastructure and Development (NaBFID) for a 50MW hybrid power project in Gujarat. The project with 75.2MWp solar and 16.95MW wind capacity will be operated under a 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited.

Additionally, in February 2025, KPI Green Energy signed a Memorandum of Understanding with the Madhya Pradesh Department of New and Renewable Energy to set up 1.8 GW of renewable energy projects, including solar, wind, hybrid, BESS, and biomass-based initiatives.

These strategic initiatives are in line with the company’s vision of achieving 10GW of renewable energy capacity by 2030, reinforcing its commitment to sustainable development and contributing to India’s clean energy goals.

KPI Green Energy’s Impressive financial performance in Q4 FY25, as well as its strategic expansion plans, have underscored its strong position in the renewable energy space. The company’s focus on hybrid projects and long-term power purchase agreements provides revenue stability and positions it well for future growth.

Investors and stakeholders can expect KPI Green Energy’s continued contribution to India’s renewable energy landscape and its progress towards ambitious capacity targets.

DISCLAIMER: This Blog is for informational purposes only and should not be construed as investment advice. Stock markets are subject to risks; please invest based on your risk profile

भारत में उपलब्ध कई ऑनलाइन ट्रेडिंग ऐप की बदौलत शेयर बाज़ार में निवेश करना पहले से कहीं ज़्यादा आसान और सुलभ हो गया है। चाहे आप छोटे निवेश से शुरुआत करने वाले शुरुआती हों या उन्नत टूल और कम ब्रोकरेज की तलाश करने वाले अनुभवी ट्रेडर, सही ऐप बहुत फ़र्क डाल सकता है।

लेकिन बाज़ार में इतने सारे विकल्पों के साथ, कौन सा स्टॉक मार्केट ऐप आपके लिए सबसे अच्छा है? इस ब्लॉग में, हम भारत में शीर्ष ट्रेडिंग ऐप की तुलना करेंगे, साथ ही उनकी विशेषताओं, फ़ायदों, नुकसानों और सबसे महत्वपूर्ण — शुल्क और ब्रोकरेज शुल्क के बारे में भी बताएंगे।

1. Zerodha Kite
   सबसे बेहतर: दीर्घकालिक निवेशक और सक्रिय व्यापारी

मुख्य विशेषताएं:

1. साफ, न्यूनतम उपयोगकर्ता इंटरफ़ेस

2. ट्रेडिंगव्यू और चार्टआईक्यू के साथ उन्नत चार्टिंग

3. स्टॉक, एफएंडओ, कमोडिटी, मुद्राओं का समर्थन करता है

4. कॉइन (म्यूचुअल फंड), कंसोल (रिपोर्ट) के साथ एकीकरण

ब्रोकरेज शुल्क:

1. इक्विटी डिलीवरी: ₹0 (निःशुल्क)

2. इक्विटी इंट्राडे और F&O: ₹20 या 0.03% प्रति निष्पादित ऑर्डर (जो भी कम हो)

3. मुद्रा और कमोडिटी: ₹20 या 0.03%

4. खाता खोलने का शुल्क: ₹200

5. AMC: ₹300/वर्ष

फायदे:

1. भारत का सबसे भरोसेमंद ब्रोकर

2. कम और पारदर्शी शुल्क

3. शुरुआती और विशेषज्ञ दोनों के लिए अच्छा

नुकसान:

1. ऐप में कोई सलाह या सुझाव नहीं

2. पीक ऑवर्स के दौरान ग्राहक सहायता धीमी हो सकती है

2. Groww

सबसे बेहतर: शुरुआती और म्यूचुअल फंड निवेशकों के लिए

मुख्य विशेषताएं:

1. सरल, उपयोग में आसान इंटरफ़ेस

2. स्टॉक, म्यूचुअल फंड, आईपीओ, एफडी में निवेश करें

3. सीधे म्यूचुअल फंड निवेश की अनुमति देता है

ब्रोकरेज शुल्क:

1. इक्विटी डिलीवरी: ₹0

2. इक्विटी इंट्राडे: ₹20 या 0.05% प्रति ऑर्डर

3. F&O: ₹20 प्रति ऑर्डर

4. खाता खोलने का शुल्क: ₹0

5. AMC: ₹0

फायदे:

1. बिना किसी बाजार अनुभव वाले शुरुआती लोगों के लिए सबसे अच्छा

2. पेपरलेस ऑनबोर्डिंग

3. कोई छिपा हुआ शुल्क नहीं

नुकसान:

1. उन्नत व्यापारियों के लिए आदर्श नहीं

2. तकनीकी विश्लेषण के लिए सीमित उपकरण

3. Upstox :

किसका लिए सर्वश्रेष्ठ: कम लागत, उच्च गति वाली ट्रेडिंग

मुख्य विशेषताएं:

1. तेज़ ऑर्डर निष्पादन

2. विश्लेषण टूल के साथ विकल्प श्रृंखला

3. स्टॉक, F&O, IPO, म्यूचुअल फंड और कमोडिटी में ट्रेड करें

ब्रोकरेज शुल्क:

1. इक्विटी डिलीवरी: ₹0

2. इक्विटी इंट्राडे: ₹20 या 0.05%

3. F&O: ₹20 प्रति ऑर्डर

4. कमोडिटी और करेंसी: ₹20 या 0.05%

5. खाता खोलने का शुल्क: ₹0

6. AMC: ₹25/माह (₹300/वर्ष)

फायदे:

1. उपयोगकर्ता के अनुकूल ऐप

2. विकल्प व्यापारियों के लिए बढ़िया

3. मुफ़्त शेयर बाज़ार सीखने के संसाधन

नुकसान:

1. ज़्यादा ट्रैफ़िक के दौरान तकनीकी गड़बड़ियाँ

2. शोध उपकरण बुनियादी हैं

4. Angel One (Angel Broking) :

सर्वश्रेष्ठ के लिए: छूट मूल्य निर्धारण के साथ पूर्ण-सेवा लाभ

मुख्य विशेषताएं:

1. स्टॉक, कमोडिटी, मुद्राएं, आईपीओ, म्यूचुअल फंड प्रदान करता है

2. निःशुल्क शोध रिपोर्ट और स्टॉक अनुशंसाएँ

3. ARQ प्राइम – AI-आधारित निवेश इंजन

ब्रोकरेज शुल्क:

1. इक्विटी डिलीवरी: ₹0

2. इक्विटी इंट्राडे: ₹20 प्रति ऑर्डर

3. F&O: ₹20 प्रति ऑर्डर

4. मुद्रा और कमोडिटी: ₹20/ऑर्डर

5. खाता खोलने का शुल्क: ₹0

6. AMC: ₹240/वर्ष

फायदे:

1. तकनीक और शोध का संयोजन

2. शुरुआती और व्यापारियों दोनों के लिए उपयुक्त

3. प्रमोशन के दौरान आजीवन मुफ़्त AMC ऑफ़र उपलब्ध हैं

नुकसान:

1. ऐप इंटरफ़ेस थोड़ा पुराना लगता है

2. कुछ शोध सुविधाओं के लिए सदस्यता की आवश्यकता होती है

5. 5paisa :

सबसे बेहतर: बजट के प्रति जागरूक ट्रेडर्स

मुख्य विशेषताएं:

1. स्टॉक, F&O, म्यूचुअल फंड, सोना, ऋण, बीमा प्रदान करता है

2. स्मार्ट इन्वेस्टर, एल्गो ट्रेडिंग और रिसर्च 360 टूल

ब्रोकरेज शुल्क:

1. इक्विटी डिलीवरी: ₹20/ऑर्डर

2. इंट्राडे और F&O: ₹20/ऑर्डर

3. प्रीमियम प्लान के साथ: ₹10 या ₹0 प्रति ट्रेड

4. खाता खोलने का शुल्क: ₹0 (बेसिक) / ₹999 (प्रीमियम)

5. AMC: ₹300/वर्ष

फायदे:

1. उच्च आवृत्ति वाले व्यापारियों के लिए किफायती योजनाएँ

2. रोबो सलाह और पोर्टफोलियो निर्माण उपकरण प्रदान करता है

नुकसान:

1. पहली बार उपयोगकर्ताओं के लिए UI जटिल है

2. कुछ सुविधाएँ प्रीमियम योजनाओं के पीछे बंद हैं

App	Delivery	Intraday	F&O	AMC	Account Opening
Zerodha	₹0	₹20	₹20	₹300/year	₹200
Groww	₹0	₹20	₹20	₹0	₹0
Upstox	₹0	₹20	₹20	₹300/year	₹0
Angel One	₹0	₹20	₹20	₹240/year	₹0
ICICI Direct	0.55%	0.275%	₹20	₹300–₹700	Up to ₹975
5paisa	₹20	₹20	₹20	₹300/year	₹0–₹999

1. शुरुआती: आसानी और कम लागत के लिए Groww या Zerodha से शुरुआत

करें।

2. इंट्राडे/ऑप्शन ट्रेडर: कम ब्रोकरेज और तेज़ निष्पादन के साथ Upstox, Angel

One या 5paisa चुनें।

3. Long – Term निवेशक: Zerodha, ICICI Direct या Angel One (यदि आप

शोध और सलाह को महत्व देते हैं)।

4. कम पूंजी: बिना/कम AMC और शून्य खाता शुल्क के साथ Groww या 5paisa

चुनें।

App	Best For	USP
Zerodha	All-rounder	Low cost + advanced tools
Groww	Beginners	Simplified investing journey
Upstox	Intraday & F&O Traders	Speed and execution
Angel One	Full-service with discount pricing	Research + advisory
ICICI Direct	Conservative, research-based investors	Strong research and integration

1. कम लागत वाली ट्रेडिंग, विश्वसनीयता और उपकरणों के संतुलन के लिए,

Zerodha Kite भारत में सबसे अच्छा ऑल-राउंड शेयर मार्केट ऐप बना हुआ है।

2. अगर आप अभी शुरुआत कर रहे हैं तो Groww आदर्श है।

3. Upstox और Angel One सक्रिय व्यापारियों और मध्यवर्ती उपयोगकर्ताओं के

लिए बहुत बढ़िया हैं।

शेयर बाजार के लिए सबसे अच्छा ऐप आखिरकार आपके लक्ष्यों, जोखिम उठाने की क्षमता और अनुभव के स्तर पर निर्भर करता है। चाहे आप रोजाना ट्रेडिंग कर रहे हों, महीने में एक बार निवेश कर रहे हों या बस धन कमाने के बारे में उत्सुक हों – आपकी ज़रूरतों के हिसाब से एक ऐप मौजूद है।

शुरू करने से पहले, सुनिश्चित करें कि आप अपना खुद का शोध करें, ब्रोकरेज शुल्क को समझें और सीखते रहें। आखिरकार, शेयर बाजार सिर्फ़ समय के बारे में नहीं है – यह स्थिरता, रणनीति और ज्ञान के बारे में है।

Bharti Airtel is scheduled to announce its financial results for the fourth quarter and financial year ending March 31, 2025 on Tuesday, May 13, 2025. The board of directors of the company will meet to review and approve the audited standalone and consolidated financial statements for the period. Additionally, the board will consider recommending or declaring a dividend for the financial year 2024-25.

Earnings Call Schedule :

Bharti Airtel has scheduled an earnings call with investors and analysts on May 14, 2025 from 2:30 pm to 3:50 pm to discuss the fourth quarter and FY 2025 results in detail. This session will provide information about the company’s performance and strategic direction.

Share Price Performance Ahead of Earnings :

Bharti Airtel stock closed at ₹1,873.00 on the National Stock Exchange on May 12, 2025, representing a gain of ₹24.60 or 1.33% from its previous close price. This upward move reflects investor optimism ahead of the earnings announcement.

Over the past one year, Bharti Airtel share price has witnessed a significant rise, hitting a 52-week high of ₹1,917.00 on May 7, 2025 and a 52-week low of ₹1,219.05 on June 4, 2024. The stock has gained nearly 18% in the past six months and nearly 16% so far this year.

Analyst Expectations :

Market analysts expect a strong performance from Bharti Airtel in Q4FY25. The company’s profit after tax (PAT) is expected to grow significantly year-on-year, potentially up to 226%, driven by good growth in average revenue per user (ARPU). Revenue is also forecast to grow substantially, estimated to increase by up to 35% year-on-year. However, some analysts caution that the company’s exit from low-margin wholesale voice and messaging businesses could dampen revenue growth. Despite this, strong performance in core business areas is expected to offset potential revenue losses.

Dividend Consideration :

In its exchange filing dated April 25, 2025, Bharti Airtel indicated that the board would consider recommending or declaring a dividend for the financial year 2024-25 during its meeting on May 12. The company’s dividend history shows a consistent pattern of annual payouts, with the most recent payout being in August 2024 of ₹8 per share.

Conclusion :

As Bharti Airtel prepares to release its Q4 and FY25 financial results, investors and analysts are closely tracking the company’s performance metrics and strategic initiatives. The anticipated growth in PAT and revenue, along with potential dividend announcements, underscore the company’s strong position in the telecom sector. The upcoming earnings call on May 13 will provide further clarity on Bharti Airtel’s financial health and future outlook.

DISCLAIMER: This article is for informational purposes only and should not be construed as investment advice. Stock markets are subject to risks; please invest based on your risk profile.