HFCL shares drop 4%, secures $73 million export order

HFCL shares drop 4%, secures million export order

HFCL shares drop 4%, secures $73 million export order

by Hansraj Agrawal | Dec 8, 2025 | Business

HFCL Limited shares declined 3.95 per cent to close at ₹66.30 on the National Stock Exchange on Monday, despite the company announcing a significant export order worth approximately $72.96 million (₹656.10 crore). The stock opened higher at ₹70.98 but retreated to touch its 52-week low of ₹65.70 during the session.

The Solan-based telecom equipment manufacturer has secured the order for supplying optical fiber cables through its overseas wholly owned subsidiary to an international customer.

The order, received in the normal course of business, is scheduled for execution by November 2026. The company stated this reaffirms the trust global customers place in its manufacturing capabilities and product quality.

The market’s tepid response reflects broader concerns about the stock’s performance, which has fallen 48 per cent from its 52-week high of ₹134.88 recorded exactly a year ago on December 6, 2024. Year-to-date, HFCL shares have declined 41.85 per cent, significantly underperforming the market.

Trading volumes were robust with 306.28 lakh shares changing hands, valued at ₹209.90 crore, though deliverable quantity stood at just 28.56 per cent. The stock has shown high volatility with an annualized figure of 51.97 per cent.

Despite the new order win, investor sentiment remained cautious, possibly due to concerns about execution timelines and the company’s overall financial performance amid a challenging market environment where nearly one in four Nifty 500 stocks are down over 30 per cent from their peaks.

Published on December 8, 2025

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इस शेयर में पैसा लगाया तो हो सकते हैं मालामाल, ब्रोकरेज फर्म Nuvama ने बताया कितना आएगा उछाल

by Hansraj Agrawal | Dec 8, 2025 | Business

Nuvama Recommends Sona BLW Stocks: शेयर बाजार में निवेश हमेशा जोखिम के साथ जुड़ा होता है, इसलिए कहा जाता है कि नो रिस्क, नो गेन. इसी जोखिम और संभावनाओं को ध्यान में रखते हुए ब्रोकरेज फर्म नुवामा इंस्टीट्यूशनल इक्विटीज ने इलेक्ट्रिक व्हीकल्स के पार्ट्स और प्रीसिजन फॉरगिंग्स बनाने वाली कंपनी सोना बीएलडब्ल्यू प्रीसाइजन फॉरगिंग्स पर मजबूत दांव लगाने की सलाह दी है.

नुवामा ने कंपनी के लिए अगले 12 महीनों का टारगेट बढ़ाकर 570 रुपये कर दिया है, जो मौजूदा स्तर से लगभग 16 प्रतिशत अधिक है. ब्रोकरेज हाउस का अनुमान है कि इलेक्ट्रिक वाहनों की बढ़ती लोकप्रियता और तकनीकी उन्नति के कारण आने वाले वर्षों में कंपनी के व्यवसाय में उल्लेखनीय विस्तार देखने को मिलेगा.

सोना बीएलडब्ल्यू पर दांव की सलाह

नुवामा के अनुसार, सोना बीएलडब्ल्यू का रेवेन्यू FY25 में 3,546 करोड़ रुपये से बढ़कर FY28 में 6,124 करोड़ रुपये तक पहुंच सकता है. इसके साथ ही कंपनी का EBITDA भी 966.8 करोड़ रुपये से बढ़कर 1,559.8 करोड़ रुपये होने की संभावना जताई गई है, जो इसकी मजबूत वित्तीय स्थिति और बढ़ते उत्पाद पोर्टफोलियो की ओर इशारा करता है.

हालांकि, ब्रोकरेज ने यह भी चेतावनी दी है कि यदि वैश्विक स्तर पर इलेक्ट्रिक व्हीकल सेगमेंट में किसी प्रकार की मंदी या धीमापन आता है, तो इसका सीधा प्रभाव कंपनी के प्रदर्शन पर देखने को मिल सकता है. ईवी की मांग अंतरराष्ट्रीय बाजारों में अस्थिर भी रह सकती है, इसलिए ऑटो कंपोनेंट निर्माता कंपनियों को सतर्क रहकर रणनीति बनानी होगी.

क्या करती है कंपनी?

कंपनी के व्यवसाय की बात करें तो सोना बीएलडब्ल्यू को अभी लगभग 23,600 करोड़ रुपये का ऑर्डर बैकलॉग मिला हुआ है, जिसमें से करीब 70 प्रतिशत हिस्सा इलेक्ट्रिक व्हीकल कार्यक्रमों से संबंधित है. इसके अलावा कंपनी की रेलवे यूनिट ने FY25 की दूसरी तिमाही में 20 प्रतिशत का लाभ दर्ज किया है और इसे 1,300 करोड़ रुपये का नया ऑर्डर भी प्राप्त हुआ है, जिनमें से अधिकांश को एक वर्ष के अंदर पूरा किए जाने की उम्मीद है.

नुवामा का मानना है कि रेलवे बिजनेस डिवीजन का रेवेन्यू FY28 तक बढ़कर 1,500 करोड़ रुपये के आसपास पहुंच सकता है, जो कंपनी के कुल बिजनेस ग्रोथ को और मजबूत करेगा. कुल मिलाकर, कंपनी की मजबूत ऑर्डर बुक, नई परियोजनाओं में तेजी और इलेक्ट्रिक व्हीकल सेक्टर में उसके बढ़ते योगदान को देखते हुए सोना बीएलडब्ल्यू प्रीसाइजन फॉरगिंग्स निवेशकों के लिए एक आकर्षक विकल्प बनकर उभर रही है.

डिस्क्लेमर: (यहां मुहैया जानकारी सिर्फ़ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.)

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Kremlin says India will continue to buy Russian crude if it’s profitable

by Hansraj Agrawal | Dec 8, 2025 | Business

Kremlin spokesman Dmitry Peskov (file photo)
| Photo Credit:
REUTERS/RAMIL SITDIKOV

The Kremlin said on Monday that India would continue buying oil wherever it was profitable to do so in order to ensure its own economic interests.

U.S. President Donald Trump doubled tariffs on Indian goods to 50 per cent in August to punish New Delhi for buying Russian oil, which Washington said was helping to fund Russia’s war in Ukraine.

On a visit to New Delhi last week, Russian President Vladimir Putin offered India uninterrupted fuel supplies.

In a call with reporters, Kremlin spokesman Dmitry Peskov said: “India, as a sovereign state, conducts foreign trade operations and purchases energy resources where it is beneficial for India, and as far as we understand, our Indian partners will continue this policy to ensure their economic interests.”

Published on December 8, 2025

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Health insurance sector reports strong growth in November driven by GST exemption and rising demand: Nuvama

by Hansraj Agrawal | Dec 8, 2025 | Business

The health insurance industry continued to post strong growth in November, supported by a pickup in demand for health insurance policies following the GST exemption announced by the government, highlighted a recent report by Nuvama.

According to the report, industry gross direct premium income (GDPI) surged 24.1 per cent year-on-year in November 2025, reflecting sustained demand momentum. Standalone health insurers (SAHIs) reported a robust 35.8 per cent YoY growth, supported by the policy measure that made retail health insurance GST exempt, boosting customer interest and affordability.

The report stated “SAHIs continue to report robust growth at 35.8 per cent YoY as 1/n accounting is in the base and likely due to a pickup in demand too, as retail health became GST exempt”. The report mentioned that the private multi-line insurers outperformed the broader market, registering 35.5 per cent YoY GDPI growth, while public multi-line insurers recorded a marginal decline of 0.4 per cent YoY.

The report added that the overall industry growth in November was driven mainly by strong performance in motor and crop insurance segments. The Central government, after the GST rate rationalisation meeting, announced a GST exemption on all health and life insurance premiums. The new rule came into effect on September 22, 2025.The exemption was made to make health and life insurance policies more affordable for customers, as they will no longer need to pay GST on insurance premiums.

In terms of year-to-date performance, the report mentioned that public multi-line insurers and SAHIs gained market share by 39 basis points and 70 basis points YoY, taking their shares to 31 per cent and 12.2 per cent, respectively, in FY26 to date. This increase came at the expense of private multi-line insurers, whose market share declined 160 basis points YoY to 52.9 per cent.

Among key players, Bajaj Allianz General Insurance (BAGIC) posted the strongest growth as its GDPI jumped 1.9 times YoY, helping the company improve its market share by 18 basis points YoY to 7.9 per cent in FY26TD. ICICI Lombard General Insurance (ICICIGI) recorded GDPI growth of 7.4 per cent YoY, with the report suggesting that competition in the motor segment likely moderated its expansion.

ICICIGI’s market share declined 49 basis points YoY to 8.6 per cent in the financial year to date. Meanwhile, Star Health Insurance reported healthy premium growth of 19 per cent YoY, but it still underperformed compared to its SAHI category peers.

The report indicated that the GST exemption on retail health policies and improved demand sentiment continue to drive positive momentum for the insurance sector, with private insurers leading growth while public insurers lag slightly in monthly performance.

Published on December 8, 2025

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Top movers today 8th Dec: Sensex, Nifty down nearly 1% as realty and PSU bank stocks tumble, IndiGo, BEL, Kaynes Tech shares slump

by Hansraj Agrawal | Dec 8, 2025 | Business

Equity markets slumped on Monday as investors fled risk, reeling under a mix of global and domestic headwinds — a decline that, according to Abhinav Tiwari, Research Analyst at Bonanza, was triggered by caution ahead of the Federal Reserve (Fed) meeting, persistent foreign selling and local economic pressures.

After an intraday fall of 847 points, BSE Sensex traded 755.88 points or 0.88 per cent lower at 84,956.49 at 2.44 pm. Nifty 50 slumped 259.85 points or 0.99 per cent to 25,926.60, hitting an intraday low of 25,892.25.

Nifty smallcap 100 depreciated nearly 3 per cent, while midcap index was down over 2 per cent. All sectoral indices dragged, while realty and PSU Bank stocks emerged as the biggest losers, shedding 3-4 per cent.

Top movers in today’s trade

Among the Nifty 50 pack, Tech Mahindra, HDFC Life, Wipro and SBI Life traded flat, while InterGlobe Aviation, Bharat Electronics, JSW Steel, Eternal, Adani Enterprises and Tata Steel dragged the most.

Market breadth remained deeply negative, underscoring the intensity of the sell-off. Out of 3,197 stocks traded on the National Stock Exchange, only 472 advanced while a sharp 2,641 declined, with 84 remaining unchanged.

The pressure was evident in the broader market as well, with just 42 stocks hitting their 52-week high compared to a far larger 402 touching 52-week lows. Circuit activity also reflected bearish sentiment — 65 stocks were locked in upper circuit, whereas nearly double that number, 120 stocks, hit lower circuit levels.

Under the midcap basket, Policy Bazaar, Coromandel International and MFSL inched up to trade in positive territory, while Godrej Properties, HUDCO, Bharat Dynamics, Prestige Estate, M&M Financial Services and Vodafone Idea plunged 5-6 per cent.

Smallcap stocks Star Health and Aadhar Housing Finance traded with modest gains, while Kaynes Tech, Data Patterns, Reliance Power and Aegis Vopak dragged 6-11 per cent.

Published on December 8, 2025

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Gold gains, silver drops as traders await Fed policy outcome

by Hansraj Agrawal | Dec 8, 2025 | Business

Gold prices edged higher to ₹1,30,638 per 10 grams, while silver futures eased to ₹1,82,600 per kg on Monday as investors turned cautious ahead of the US Federal Reserve’s final policy meeting of the year.

On the Multi Commodity Exchange (MCX), gold futures for the February 2026 contract increased by ₹176 or 0.13 per cent to ₹1,30,638 per 10 grams in a business turnover of 13,134 lots.

Last week, the precious metal appreciated by ₹958, or 0.74 per cent. However, silver futures depreciated by ₹808, or 0.44 per cent, to ₹1,82,600 per kg in 14,281 lots.

On Friday, the white metal had surged by ₹7,096, or 3.98 per cent, to hit a record of ₹1,85,234 per kg, before settling at ₹1,83,408 per kg on the MCX.

Over the past week, silver had skyrocketed by ₹8,427, or 4.81 per cent.

“Silver, which rose more than 3 per cent last week, saw some early-week profit-taking, but remains underpinned by tightening inventories in London and China and a structural deficit expected to persist into 2026,” Manav Modi, Analyst – Precious Metal -Research, Motilal Oswal Financial Services Ltd, said.

He added that strong industrial demand, sustained safe-haven flows, and the highest weekly Exchange Traded Fund (ETF) inflows since July have reinforced bullish momentum in the white metal.

“Overall, precious metals traded firm as markets increasingly priced in imminent Fed easing heading into the final policy meeting of the year,” Modi added.

In the international markets, gold held steady as investors are awaiting the Federal Reserve’s decision on interest rates. On the Comex, gold futures for February delivery were trading flat at $4,244.2 per ounce.

The precious metal eased by $11.9, or 0.28 per cent, in the last week.

“Gold prices hovered near $4,200 per ounce, stabilising after a mild weekly decline, as traders awaited the Federal Reserve’s final policy meeting of the year, where officials are widely expected to cut interest rates,” Jigar Trivedi, Senior Research Analyst at Reliance Securities, said.

According to Trivedi, market participants are pricing an 88 per cent probability of a 25 basis points rate cut, with expectations of two more reductions next year.

Comex silver futures for March 2026 contract fell 0.54 per cent, to $58.73 per ounce.

On Friday, the white metal had soared by $2.4, or 4.19 per cent, to hit a lifetime high of $59.90 per ounce.

In the past week, silver futures had risen by $1.89, or 3.30 per cent.

Manav Modi of Motilal Oswal Financial Services said investors this week will focus not only on the last Fed’s policy meeting, but also on US factory orders and other crucial macroeconomic data.

However, traders will remain cautious until Federal Reserve Chair Jerome Powell’s speech, as any shift in tone could trigger volatility in bullion prices, he noted.

Published on December 8, 2025

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