Financial News
Toss the Coin Hits Upper Circuit, Launches AI-Powered Platform ‘Kathai’
Toss the Coin is currently trading at its upper limit of RS. 323.45, up by 6.30 points or 1.99% from its previous closing of RS. 317.15 on the BSE.
The stock opened at RS. 323.45 and has remained at this level throughout the session, with a total of 2400 shares traded so far.
A BSE group 'MT' stock with a face value of RS. 10, Toss the Coin reached a 52-week high of RS. 927.50 on January 13, 2025, and a 52-week low of RS. 317.15 on April 2, 2025. Over the past week, the stock’s high and low were RS. 330.20 and RS. 317.15, respectively. The company’s current market capitalization stands at RS. 61.13 crore.
Promoters hold 58.67% of the company’s shares, while the public holds 41.33%.
In a significant development, Toss the Coin has launched the Minimum Viable Product (MVP) of Kathai, an AI-powered micro-service under its Mervous AI suite. Kathai is designed to enhance business communication by transforming routine emails into engaging narratives, addressing the widespread issue of email fatigue in the $350 billion business communication market.
Utilizing ancient storytelling frameworks and advanced AI, Kathai helps create compelling narratives that increase email response rates by three times. Initially, the service will be available for free, with the company planning to reassess after achieving 30% active users from its first 1000 signups to identify the most popular features and use cases.
Toss the Coin is a marketing consulting firm that provides customized marketing solutions to clients. The company accelerates business growth by implementing innovative, responsible, and sustainable marketing operations.
Royal Orchid Hotels Gains, Renews Bengaluru Lease for 29 Years
Royal Orchid Hotels is currently trading at RS. 414.85, up by 1.85 points or 0.45% from its previous closing of RS. 413.00 on the BSE.
The stock opened at RS. 412.45 and recorded a high of RS. 418.20 and a low of RS. 406.55. A total of 3815 shares have been traded so far.
A BSE group 'B' stock with a face value of RS. 10, Royal Orchid Hotels reached a 52-week high of RS. 435.35 on April 8, 2024, and a 52-week low of RS. 301.50 on October 25, 2024. Over the last week, the stock's high and low were RS. 419.70 and RS. 387.00, respectively. The company’s market capitalization currently stands at RS. 1137.74 crore.
The company’s shareholding pattern includes 63.65% held by promoters, 7.38% by institutions, and 28.97% by non-institutions.
In a key development, Royal Orchid Hotels has signed an agreement with Karnataka State Tourism Development Corporation (KSTDC) to renew the land lease deed for Hotel Royal Orchid, Bengaluru, for a period of 29 years and 6 months.
Royal Orchid Hotels is among India's fastest-growing hospitality brands, expanding its presence across the country.
Avantel Shares Rise, Secures Rs 4.96 Crore Order from Department of Atomic Energy
Avantel is currently trading at RS. 117.40, up by 1.80 points or 1.56% from its previous closing of RS. 115.60 on the BSE.
The stock opened at RS. 113.85 and has touched a high of RS. 118.80 and a low of RS. 113.15. So far, 1,46,918 shares have been traded on the counter.
Avantel, a BSE group 'A' stock with a face value of RS. 2, recorded a 52-week high of RS. 223.80 on July 9, 2024, and a 52-week low of RS. 99.05 on April 15, 2024. Over the last week, the stock's high and low stood at RS. 118.15 and RS. 111.05, respectively. The company's current market capitalization is RS. 2875.65 crore.
The company’s shareholding pattern consists of 38.58% held by promoters, 1.07% by institutions, and 60.36% by non-institutions.
In a significant development, Avantel has secured a purchase order worth RS. 4.96 crore (excluding taxes) from the Department of Atomic Energy, with execution scheduled by May 2, 2026. Previously, the company had received a purchase order worth RS. 11.36 crore (including taxes) for supplying satcom systems to M/s Goa Shipyard.
Avantel specializes in the design and development of high-power broadband wireless, satellite communication, and broadband access technologies.
Refex Renewables & Infrastructure Gains, Subsidiary Wins RS. 65.07 Crore Bio-CNG Project
Refex Renewables & Infrastructure is currently trading at RS. 664.80, up by 5.85 points or 0.89% from its previous closing of RS. 658.95 on the BSE.
The stock opened at RS. 638.05 and recorded a high of RS. 668.00 and a low of RS. 638.05. So far, 1548 shares have been traded.
A BSE group 'X' stock with a face value of RS. 10, Refex Renewables & Infrastructure touched a 52-week high of RS. 1166.30 on November 5, 2024, and a 52-week low of RS. 416.05 on June 5, 2024. In the past week, the stock's high and low stood at RS. 668.00 and RS. 590.00, respectively. The company's market capitalization is RS. 298.93 crore.
The company’s shareholding structure includes 74.97% held by promoters and 25.03% by non-institutions.
In a major development, Refex Green Power, a wholly-owned subsidiary of Refex Renewables & Infrastructure, has secured a RS. 65.07 crore contract from Salem City Municipal Corporation, Tamil Nadu. The project involves setting up a 200 TPD municipal solid waste-based Bio-CNG plant in Salem under a Public-Private Partnership (PPP) model on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis for 20 years. The letter of acceptance was issued on March 28, 2025, and received by the company on April 1, 2025.
The scheduled commissioning date (SCD) for the full capacity of the project is set for 19 months from the date of the concession agreement.
Refex Renewables & Infrastructure, formerly known as Sunedison Infrastructure, is engaged in the processing, sale, and export of marine products.
NBCC (India) Shares Rise, Secures Work Orders Worth RS. 215.63 Crore
NBCC (India) is currently trading at RS. 84.43, up by 1.55 points or 1.87% from its previous closing of RS. 82.88 on the BSE.
The stock opened at RS. 81.69 and recorded a high of RS. 84.73 and a low of RS. 81.53. So far, 533081 shares have been traded.
A BSE group 'A' stock with a face value of RS. 1, NBCC (India) hit a 52-week high of RS. 139.90 on August 28, 2024, and a 52-week low of RS. 70.82 on March 3, 2025. In the past week, the stock's high and low were RS. 84.78 and RS. 79.89, respectively. The company's market capitalization stands at RS. 22688.10 crore.
The company’s shareholding includes 61.75% held by promoters, 13.09% by institutions, and 25.16% by non-institutions.
NBCC (India) has secured two new work orders worth approximately RS. 215.63 crore. The first order, valued at around RS. 166.93 crore, comes from the Central University of Haryana, Mahendergarh, for project management consultancy services related to planning, designing, and developing infrastructure facilities at the university's Jant-Pali campus.
The second order, worth about RS. 48.70 crore, has been awarded by the Western Regional Power Committee (WRPC) for project management consultancy (PMC) services. This includes demolition, comprehensive design engineering, construction, and furnishing of the WRPC office (including a guest house) and external development work in Andheri East, Mumbai.
NBCC (India) is a leading public sector enterprise specializing in project management consultancy (PMC) for civil construction, infrastructure development in the power sector, and real estate projects.
Ganesh Benzoplast Shares Rise, Secures RS. 169.24 Crore Order from JSW Jaigarh Port
Ganesh Benzoplast is currently trading at RS. 116.30, up by 2.80 points or 2.47% from its previous closing of RS. 113.50 on the BSE.
The stock opened at RS. 115.05 and recorded a high of RS. 119.05 and a low of RS. 115.05. So far, 22,299 shares have been traded on the counter.
A BSE group 'B' stock with a face value of RS. 1, Ganesh Benzoplast reached a 52-week high of RS. 192.75 on April 2, 2024, and a 52-week low of RS. 100.70 on March 3, 2025. Over the past week, the stock’s high and low were RS. 119.05 and RS. 104.00, respectively. The company’s current market capitalization stands at RS. 837.24 crore.
The company’s shareholding pattern includes 39.02% held by promoters, 5.10% by institutions, and 55.89% by non-institutions.
In a major development, Ganesh Benzoplast has secured an order worth RS. 169.24 crore from JSW Jaigarh Port. The contract involves engineering, design, manufacturing, supply, erection, and commissioning of a Chemical Tank Farm Project on an EPC basis, including the construction of 11 chemical tanks, dock pipeline, and civil works. The project is expected to be completed in approximately 27 months.
Ganesh Benzoplast is engaged in manufacturing and exporting drug intermediates, pharmaceutical intermediates, bulk drug intermediates, food preservatives, lubricants, and API/bulk drugs.
Sandhar Technologies Gains 2.21%, Acquires Aluminium Die Casting Business from SCL
Sandhar Technologies is currently trading at RS. 393.45, up by 8.50 points or 2.21% from its previous closing of RS. 384.95 on the BSE.
The stock opened at RS. 384.85 and recorded a high of RS. 393.45 and a low of RS. 378.60. A total of 3242 shares have been traded so far.
A BSE group 'B' stock with a face value of RS. 10, Sandhar Technologies reached a 52-week high of RS. 697.60 on August 6, 2024, and a 52-week low of RS. 329.00 on March 3, 2025. Over the past week, the stock's high and low were RS. 399.05 and RS. 370.35, respectively. The company's market capitalization currently stands at RS. 2290.86 crore.
The shareholding pattern includes 70.38% held by promoters, 16.41% by institutions, and 13.21% by non-institutions.
In a strategic move, Sandhar Technologies' wholly-owned subsidiary, Sandhar Ascast, has successfully acquired the high-pressure and low-pressure aluminium die-casting business of Sundaram-Clayton (SCL) at its Hosur plant. This acquisition, valued at RS. 163 crore in an all-cash deal (subject to adjustments as per the Business Transfer Agreement), marks a significant expansion for Sandhar Ascast, positioning it for growth in the coming financial years.
The acquisition strengthens Sandhar’s footprint in the aluminium die-casting sector, allowing it to establish a standalone vertical that integrates SCL’s expertise with Sandhar’s manufacturing capabilities. This move is expected to drive growth, expand its customer base, and diversify its product portfolio.
A leader in High Pressure Die Casting (HPDC), Sandhar Technologies is now entering the Low Pressure Die Casting (LPDC) market, further broadening its capabilities. The acquisition also enhances its HPDC operations by introducing higher-tonnage machines (above 800T) and expanding its product line to include critical automotive and industrial components such as cylinder heads, manifolds, and housings.
Sandhar Technologies is a well-established manufacturer of automobile accessories, safety locks, and door hardware, continuously strengthening its position in the automotive sector.
JSW Energy Gains Momentum, Achieves Record Capacity Addition in FY25
JSW Energy is currently trading at RS. 524.55, up by 2.15 points or 0.41% from its previous closing of RS. 522.40 on the BSE.
The stock opened at RS. 526.20 and recorded a high of RS. 532.95 and a low of RS. 517.80. A total of 67,103 shares have been traded so far.
JSW Energy, a BSE group 'A' stock with a face value of RS. 10, reached a 52-week high of RS. 804.95 on September 24, 2024, and a 52-week low of RS. 419.10 on February 17, 2025. Over the last week, the stock's high and low were RS. 554.40 and RS. 517.80, respectively. The company's current market capitalization stands at RS. 90,779.09 crore.
The company's shareholding structure includes 69.32% held by promoters, 24.60% by institutions, and 6.08% by non-institutions.
JSW Energy has achieved a record capacity addition of 3.6 gigawatts (GW) during FY25, marking the highest annual expansion in its history. With this addition, the company's installed generation capacity at the end of FY25 stands at 10.9 GW, surpassing its target of 10 GW for the fiscal year.
The capacity expansion was driven by 1.3 GW of organic wind capacity addition and 1.8 GW of inorganic operational capacity through the acquisition of KSK Mahanadi Power. Notably, in the fourth quarter of FY25 alone, the company added 2.8 GW of operational capacity. This milestone underscores JSW Energy's commitment to strengthening energy security and advancing India's renewable energy goals.
JSW Energy, a key entity of the JSW Group, continues to expand its footprint in the energy sector. The JSW Group also has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement, and information technology.
Tata Steel Shares Gain 1.05%, Increases Stake in IFQM to 16.66%
Tata Steel is currently trading at RS. 154.70, up by 1.60 points or 1.05% from its previous closing of RS. 153.10 on the BSE.
The stock opened at RS. 154.00 and recorded a high of RS. 155.40 and a low of RS. 152.25. A total of 2,29,038 shares have been traded so far.
Tata Steel, a BSE group 'A' stock with a face value of RS. 1, reached a 52-week high of RS. 184.60 on June 18, 2024, and a 52-week low of RS. 122.60 on January 13, 2025. Over the last week, the stock's high and low were RS. 156.90 and RS. 151.75, respectively. The company’s current market capitalization stands at RS. 1,91,745.88 crore.
The company’s shareholding structure includes 33.19% held by promoters, 42.23% by institutions, and 24.06% by non-institutions.
In a strategic move, Tata Steel has acquired an additional 1,24,90,000 equity shares of face value RS. 10 each, amounting to RS. 12.49 crore, in the Indian Foundation for Quality Management (IFQM). With this acquisition, Tata Steel’s stake in IFQM has increased from 9.09% to 16.66%.
IFQM, a not-for-profit organization incorporated on September 6, 2023, under Section 8 of the Companies Act, 2013, aims to drive positive change in the Indian industry by acting as an integrated and empowered foundation.
Tata Steel, the flagship company of the Tata Group, is Asia’s first integrated steel plant and the world’s second most geographically diversified steel producer. It is also a Fortune 500 company.
TVS Motor Shares Rise; Reports 17% Growth in Sales for March 2025
TVS Motor Company is currently trading at RS. 2508.90, up by 67.75 points or 2.78% from its previous closing of RS. 2441.15 on the BSE.
The stock opened at RS. 2442.35 and recorded a high of RS. 2517.50 and a low of RS. 2442.35. So far, 16,145 shares have been traded.
A BSE group 'A' stock with a face value of RS. 1, TVS Motor reached a 52-week high of RS. 2958.15 on September 27, 2024, and a 52-week low of RS. 1873.05 on April 19, 2024. Over the past week, the stock's high and low stood at RS. 2517.50 and RS. 2376.10, respectively. The company's current market capitalization is RS. 119282.50 crore.
The company’s shareholding structure includes 50.27% held by promoters, 41.21% by institutions, and 8.53% by non-institutions.
TVS Motor reported a 17% increase in sales, rising from 3,54,592 units in March 2024 to 4,14,687 units in March 2025. Total two-wheeler sales grew by 16% to 4,00,120 units, while domestic two-wheeler sales increased by 14% to 2,97,622 units. Motorcycles saw a 15% rise in sales to 1,96,734 units, and scooters registered a significant 27% growth to 1,66,297 units.
The company's electric vehicle sales surged by 77%, reaching 26,935 units in March 2025 from 15,250 units in March 2024. Total exports grew by 23% to 1,13,464 units, with two-wheeler exports increasing by 22% to 1,02,498 units.
TVS Motor's three-wheeler segment also saw a 44% growth, with sales rising from 10,146 units in March 2024 to 14,567 units in March 2025.
TVS Motor Company is a global manufacturer of two and three-wheelers, driving sustainable mobility with four state-of-the-art manufacturing facilities in India and Indonesia.