IREDA (Indian Renewable Energy Development Agency): Strong Financial Momentum:-
Some important companies and some important updates related to them The name of the first company is ERDA i.e. Indian Renewable Energy Development Agency.Disclaimer that all the company related news and updates that we will cover are only for educational purposes. So do not consider this as any kind of investment advice. You can also do your own research and analysis.About the past few times then we have heard a lot of news about IREDA. In which we saw a news related to the business update of the company.
IREDA Posts Robust Loan Growth Amid Sectoral Competition:-
After which the market also cheered IREDA. About loan disbursement, we saw a growth of 31% in it and the current loan book of the company is around Rs 80,000 crore. If we look at it from the past few times, we have seen it growing quite well. Now if you look at the growth rate on year on year basis in the total loan sanctions made by the company in Q1, we will see a growth of around 29%. If we about loan dispersal, we are seeing a growth of 31% in it. About the loan book outstanding of the company, then it will be around Rs 80 crores. Because if we look at the exact number, we are seeing Rs 79,960 crores. If we compare it with last year’s data, there is a growth of 27% in this also. Now we are seeing good growth rate in the company’s data because all of you should know that IREDA does the work of financing in the renewable sector and it is completely controlled by the government. Now the government does exercise control but it does not exercise control at the level it has maintained in IRFC. About financing in railway sector, only IRFC does the work of financing. But in the renewal sector, you won’t find Irator doing the financing work alone. Apart from this, there are many other companies in which along with government companies, you will also see private companies. So here, if you do not invest, if you do not expand, then in that case, the competition will easily leave you behind. So in the recent times, we have seen maximum news related to ERET related to Fund Re and its impact is also being seen in the company’s data.
Promoter Holding in IREDA Drops, FII/DII Interest Rises:-
So we can call this a plus point if we analyze the business of Irate, apart from this, friends, the company’s latest Q1 share holding pattern has also been updated. In which we have seen the promoter’s stake getting diluted. Promoter’s stake has increased from 75% to 71.76%. And the same stake which belongs to the promoter, we have seen going to FIS and to DIS. If we compare the stake held by the public in the previous quarter with this quarter, we have seen a reduction in the stake of the public, which we can say is a good thing because if big institutions are interested in the company, it means that the company is doing good business and somewhere as an investor, all these things are a plus point for you as well.
Mazagon Dock Reports Successful Warship Delivery Under Project 17A:-
The next company name is Mazagon Dock ship builders led. So about Mazagon Dock then we are getting to hear a big news related to this company. The news here is that we have already seen the delivery of the second IS UdayGrid which comes under Project 17A.About Project 17A, here contracts for a total of seven ships were received. To MDL and to GRC i.e. Mazagno Shipbuilders and Garden Shipbuilders. Now, out of this contract of seven ships, we have seen the delivery of two ships. The second one in which is Udayagiri which we just discussed. So obviously if we look at it from the business point of view then this is good news because mgon is one of those companies whose execution is seen to be much better. Like if you look at its order book and the order book of HL, the order book of HL is much higher than Maon.
MDL Poised for Rs 1 Lakh Crore Order Book by FY26:-:-
But in the financial year 2026, the order book of MaBON can also cross Rs 1 lakh crore. This was told by the company’s management. But if the order book of a company increases and the execution pace remains slow, then ultimately we do not see the impact of that order book on their revenue and profit immediately. And that’s something we don’t see in Magoun’s case. mgon execution is much better. Because of this, the numbers of MSgon seem to report much better growth. If we compare the rest of the differences according to the companies, there are some other companies whose consistency is quite good. Like we can also talk about Bharat Electronics. Now we got to see all these things related to business. But apart from that we were seeing another news which was related to business.
Defence Acquisition Council Approves Rs 15,000 Crore Projects:-
The Defence Acquisitions Council has approved the proposal of 10 capital acquisitions and the total worth in this is ₹15000 crore. Now because of this, you saw all the companies like MSgon, Doc, BDL, BL Coaching etc. in focus because the order is of 1 lakh crore, so if the order is of 1 lakh crore, then no single company will get it completely, multiple companies will get it. Some companies work for the Indian Army, so they will also get it. Some companies work for the Navy, so they will also get the contract. So if some companies work for the Air Force, they will also get contracts. So ultimately all these things are a huge plus point for these companies. The companies can say that they have been consistently executing at a good pace in the recent times and we are seeing good order inflows from the companies on a regular basis. Now look friends, this is the news of the total deal that we got to hear. Out of that, keep aside the number of Rs 44,000 crore because it has been allotted to the Indian Navy. And when we talk about Indian Navy, you get to see the name of Mascon. The name of the coaching shipyard can be seen. Apart from that, names of companies like GREC are also seen. Apart from this, there is another company which is not listed but yes, it is also there, Hindstan ship or you can call it that. So of course all these things are very important. If we talk in terms of month or in terms of coaching.
Trent Ltd Faces Investor Worries After Weak Growth Outlook:-
About the next company whose name is Tent LED, but before discussing it crash is was around 11%. Why? Because the company had made commentary related to growth slowdown. Now if we see, the performance of the company has been weak in the past few times but even now if we look at its 52 week high, then this company is down by around 34% and at present, after such a huge fall, if we talk about its current price turning multiples, then it is seen to be 135. Now, if we look at the current growth of the company as per the price turning multiple of 135, we will try to understand whether it actually suits the valuation or not. What just happened? Recently, in its AGM i.e. Annual General Meeting, the company had made a commentary related to its first quarter growth, which was around 20%. If you look at the record of the last 5 years, the average growth rate of the company in CAGR is 35%.
Macroeconomic Concerns Weigh on Retail and Auto Sectors:-
About the company’s earlier guidance which we got to see regarding growth, it was around 25%. So the earlier guidance was that we were seeing 25%. The average growth rate we are seeing in the last 5 years is 35% and this time the company will report a growth of 20% in quarter one. So if we look at every parameter, the numbers of this quarter one seem to be disappointing us as compared to the previous one. Now they are seen disappointing. So because of this, giving higher valuation will seem costly to the market. Due to this, the market had broken its valuation significantly yesterday and that is why you saw the trend falling drastically. In which one factor you can say is the poor performance of the market. Meaning, we are not about the stock market. We are talking about the Indian market, if about our GDP growth, we are seeing problems in that too. In that only we were hearing about slow down. So, if it is spoiling the market of the whole country, then in that case, many industries will be affected by it, in which you will also see the name of Trent or the names of its industries and apart from this, you can take other industries as examples, in which you will see names like automobile industries. Now, it will be interesting to see the current PE of the company at 135 with a decline of 11% whether the market feels it is correct or whether the market finds it to be expensive or whether the market is considering it to be cheap. So, whatever numbers we can say in the future, they will matter a lot and the commentary that will come along with it from the company will also matter a lot.
Roto Pumps Declares 2:1 Bonus Issue, Record Date Announced:-
The next company is but Roto Pumps. The company had issued a bonus in the ratio of 2:1, in which the company had decided to give two equity shares in exchange of one share. Now that the company has given the bonus, the company has also given the record date which is 11th July, which means, any shareholder who is there before this date will be fully eligible for the bonus. So, if you are a shareholder of this company, then you can definitely take note of this news. Shareholders cannot ignore.