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Mint
25-06-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 25 June 2025
Stocks to buy under ₹ 100: The Indian stock market witnessed strong buying in the first half of Tuesday's session. However, after reports of Iran's ceasefire violation, Dalal Street indices pared most of their gains and ended flat. The Nifty 50 index finished 72 points higher at 25,044, the BSE Sensex ended 158 points higher at 82,055, and the Bank Nifty index gained 402 points and closed at 56,461. Leading the charge among the top performers on the Nifty were Adani Ports, JIOFIN, and Shriram Finance. Conversely, ONGC, Power Grid, and IndusInd Bank ended the session as major losers. Trading volumes on the NSE cash market were sharply higher by 23% compared to yesterday, indicating significant activity amidst the volatility. The Midcap and Smallcap indices continued their outperformance relative to the Benchmark. The Nifty Midcap 100 and Nifty Small Cap 100 Indices gained a healthy 0.70%. Market breadth also turned positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.99 – its highest since May 15th. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index indicated a strong opening session and touched the 25,300 zone but fizzled out in the second half with the bias and sentiment still precariously placed amid the geo-political tensions looming around. The index would need clarity and conviction for the upward move, and a decisive breach above the 25,250 zones is needed to trigger a further fresh upward move in the coming days. On the downside, as mentioned earlier, the 50-EMA level at the 24,500 zone would be the crucial support." "The Bank Nifty index once again moved past the 56,200 zone to hit the high level at 56,860 zone but could not sustain for long with profit booking seen and ended near the 56,500 level with more conviction and stability awaited. The index needs to sustain above the near-term support of 55,400 level to maintain the bias intact. On the upside, a decisive breach above the 57,000 zone shall trigger a fresh upward move in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended four intraday stocks for today under ₹ 100: DCW, IOL Chemicals and Pharmaceuticals, Centrum Capital, and Sterlite Technologies. 1] DCW: Buy at ₹ 75.90, Target ₹ 79, Stop Loss ₹ 74. 2] IOL Chemicals and Pharmaceuticals: Buy at ₹ 91 to ₹ 92, Targets ₹ 93.80, ₹ 96, ₹ 98, Stop Loss ₹ 89.70; and 3] Centrum Capital: Buy at ₹ 31 to ₹ 31.50, Targets ₹ 32.40, ₹ 33.80, ₹ 35, Stop Loss ₹ 28.80. 4] Sterlite Technologies: Buy at ₹ 99.50, Target ₹ 104.40, Stop Loss ₹ 97.60.
Mint
25-06-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 25 June 2025
Stocks to buy under ₹ 100: The Indian stock market witnessed strong buying in the first half of Tuesday's session. However, after reports of Iran's ceasefire violation, Dalal Street indices pared most of their gains and ended flat. The Nifty 50 index finished 72 points higher at 25,044, the BSE Sensex ended 158 points higher at 82,055, and the Bank Nifty index gained 402 points and closed at 56,461. Leading the charge among the top performers on the Nifty were Adani Ports, JIOFIN, and Shriram Finance. Conversely, ONGC, Power Grid, and IndusInd Bank ended the session as major losers. Trading volumes on the NSE cash market were sharply higher by 23% compared to yesterday, indicating significant activity amidst the volatility. The Midcap and Smallcap indices continued their outperformance relative to the Benchmark. The Nifty Midcap 100 and Nifty Small Cap 100 Indices gained a healthy 0.70%. Market breadth also turned positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.99 – its highest since May 15th. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index indicated a strong opening session and touched the 25,300 zone but fizzled out in the second half with the bias and sentiment still precariously placed amid the geo-political tensions looming around. The index would need clarity and conviction for the upward move, and a decisive breach above the 25,250 zones is needed to trigger a further fresh upward move in the coming days. On the downside, as mentioned earlier, the 50-EMA level at the 24,500 zone would be the crucial support." "The Bank Nifty index once again moved past the 56,200 zone to hit the high level at 56,860 zone but could not sustain for long with profit booking seen and ended near the 56,500 level with more conviction and stability awaited. The index needs to sustain above the near-term support of 55,400 level to maintain the bias intact. On the upside, a decisive breach above the 57,000 zone shall trigger a fresh upward move in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended four intraday stocks for today under ₹ 100: DCW, IOL Chemicals and Pharmaceuticals, Centrum Capital, and Sterlite Technologies. 1] DCW: Buy at ₹ 75.90, Target ₹ 79, Stop Loss ₹ 74. 2] IOL Chemicals and Pharmaceuticals: Buy at ₹ 91 to ₹ 92, Targets ₹ 93.80, ₹ 96, ₹ 98, Stop Loss ₹ 89.70; and 3] Centrum Capital: Buy at ₹ 31 to ₹ 31.50, Targets ₹ 32.40, ₹ 33.80, ₹ 35, Stop Loss ₹ 28.80. 4] Sterlite Technologies: Buy at ₹ 99.50, Target ₹ 104.40, Stop Loss ₹ 97.60. 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
25-06-2025
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 25 June 2025
Buy or sell stocks: The Indian stock market witnessed strong buying in the first half of Tuesday's session. However, after reports of Iran's ceasefire violation, Dalal Street indices pared most of their gains and ended flat. The Nifty 50 index finished 72 points higher at 25,044, the BSE Sensex ended 158 points higher at 82,055, and the Bank Nifty index gained 402 points and closed at 56,461. Leading the charge among the top performers on the Nifty were Adani Ports, JIOFIN, and Shriram Finance. Conversely, ONGC, Power Grid, and IndusInd Bank ended the session as major losers. Trading volumes on the NSE cash market were sharply higher by 23% compared to yesterday, indicating significant activity amidst the volatility. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market is following the Israel-Iran news. The Prabhudas Lilladher expert said the Nifty 50 is still above 25,000, which signals positive sentiments with a cautious approach on Dalal Street. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index indicated a strong opening session and touched the 25,300 zone but fizzled out in the second half with the bias and sentiment still precariously placed amid the geo-political tensions looming around. The index would need clarity and conviction for the upward move, and a decisive breach above the 25,250 zones is needed to trigger a further fresh upward move in the coming days. On the downside, as mentioned earlier, the 50-EMA level at the 24,500 zone would be the crucial support." "The Bank Nifty index once again moved past the 56,200 zone to hit the high level at 56,860 zone but could not sustain for long with profit booking seen and ended near the 56,500 level with more conviction and stability awaited. The index needs to sustain above the near-term support of 55,400 level to maintain the bias intact, and on the upside, a decisive breach above the 57,000 zone shall trigger a fresh upward move in the coming days," said Parekh. Parekh said that support for Nifty today is placed at 24,800, while the resistance is at 25,250. The Bank Nifty would have a daily range of 56,000 to 57,000. Regarding stocks to buy today, Vaishali Parekh recommended buying these three buy-or-sell stocks: KPI Green Energy, DCW, and Ashoka Buildcon. 1] KPI Green Energy: Buy at ₹ 493, Target ₹ 515, Stop Loss ₹ 482; 2] DCW: Buy at ₹ 75.90, Target ₹ 79, Stop Loss ₹ 74; and 3] Ashoka Buildcon: Buy at ₹ 207.20, Target ₹ 217, Stop Loss ₹ 203. 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.
ABC News
26-05-2025
- Business
- ABC News
Denmark's co-op wind farm to double output as energy projects gather steam
Atop a windy headland on the picturesque south coast of Western Australia is one of the country's first community-owned renewable energy projects. Compared to the mega-farms proposed elsewhere in regional Australia, the Denmark Community Windfarm (DCW) is a minnow. The twin 800-kilowatt turbines, both 55 metres tall, produce about 40 per cent of the town's total energy needs. It is a fraction of the energy produced by commercial development, but for the last 12 years the modest facility has returned financial and environmental dividends. DCW director Paul Llewellyn said there was a plan to expand the operation amid population growth in the area. "We have approval for four turbines," he said. "We can keep the two running and put two additional turbines up, or we could increase the size of those two. "Batteries added to that [would] make it an even more integrated system. Mr Llewellyn said the energy sold to WA's state-owned electricity provider Synergy reduced the electricity bills of the 160 community shareholders by about 10 per cent. Plans to connect batteries to increase the community's load capacity were in the works, but a cap on government funding meant the plan was put on hold. "We've investigated and made an application for support to get five large batch-scale batteries embedded into the local network," he said. "We should have got support, that was a perfect project to do regional-scale storage and integration of electricity and batteries into the network." Mr Llewellyn said as Australia moved towards the goal of net zero, governments should have a mandate to support communities wanting to participate in the energy market. "It's profitable at the household scale, it's profitable at the community scale, and it's much cheaper for governments to support that than it is to build large-scale architecture, transmission and generation themselves," he said. A Department of Climate Change, Energy, the Environment and Water spokesperson said it was considering implementing new residential and community subsidies, but there was no funding for mid-scale community-led projects. At the state level, a spokesperson for Energy Minister Amber-Jade Sanderson said the government had established specific agencies to develop government-backed energy projects. They said the state government also supported community projects through its Clean Energy Future Fund and the regional-specific Traditional Owner Participation Support Fund in the Pilbara. The DCW is one of hundreds of "mid-level" energy projects across Australia being developed as part of a growing trend for communities to consolidate and participate in the national energy market. A similar project, the 4.1-megawatt Hepburn wind farm was built at Leonard's Hill in Victoria in 2011, while a 2,400-megawatt community-owned solar farm in Goulburn New South Wales was under development. Community Power Agency director Jarra Hicks said communities across Australia were increasingly looking to enter the energy market. "There's a lot of interest, and there's even more in the pipeline." She said while retail and household generation like rooftop solar had been widely supported, mid-scale developments in between household and commercial projects were less supported. "There's this gap in the middle, this middle-sized project where community energy groups have a strong role to play and a lot of benefit," she said. Independent energy analyst Ray Wills said as the proliferation of renewable technologies in the country rose, so too would stability in the grid. "Adding batteries to the grid will stabilise it to enable our energy security. It'll do a whole pile of things, that's what distributing energy is meant to do," Professor Willis said. He said efforts by the WA and federal governments to stabilise the grid, including subsidising the purchase of home batteries, had not given enough attention to regional areas. "We really should be focused on getting those batteries into the regions," Professor Wills said. "We don't really need them in the city straight away as much as we need them in the country straight away; every town in WA really should be being enabled."
Business Standard
12-05-2025
- Business
- Business Standard
DCW standalone net profit declines 25.77% in the March 2025 quarter
Sales decline 13.48% to Rs 537.91 crore Net profit of DCW declined 25.77% to Rs 11.38 crore in the quarter ended March 2025 as against Rs 15.33 crore during the previous quarter ended March 2024. Sales declined 13.48% to Rs 537.91 crore in the quarter ended March 2025 as against Rs 621.69 crore during the previous quarter ended March 2024. For the full year,net profit rose 93.36% to Rs 30.28 crore in the year ended March 2025 as against Rs 15.66 crore during the previous year ended March 2024. Sales rose 6.88% to Rs 2000.34 crore in the year ended March 2025 as against Rs 1871.59 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 537.91621.69 -13 2000.341871.59 7 OPM % 10.3810.20 - 9.679.38 - PBDT 45.9849.05 -6 149.28120.28 24 PBT 20.7424.61 -16 49.3526.49 86 NP 11.3815.33 -26 30.2815.66 93
