BlueStone Jewellery and Lifestyle Limited, one of India’s leading omni-channel fine jewellery retailers, has launched its much-awaited ₹1,540.65 crore IPO, consisting of a fresh issue of ₹820 crore and an offer for sale of ₹720.65 crore. The issue opened for subscription on August 11, 2025, at a price band of ₹492–₹517 per share, and will close on August 13, 2025. Post allotment, the company’s shares are set to be listed on both the BSE and NSE on August 19, 2025.
BlueStone Jewellery IPO Day 2 Subscription Status
On Day 2, the BlueStone Jewellery IPO saw an overall subscription of 0.66 times, led by QIBs at 0.84 times, while retail investor participation stood at 0.75 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
0.84
Non-Institutional Investors (NII)
0.23
bNII (above ₹10 lakh)
0.29
sNII (less than ₹10 lakh)
0.11
Retail Individual Investors (RII)
0.75
Total Subscriptions
0.66
Total Applications: 57,881
Total Bid Amount: ₹557.47 crore
Objective of the BlueStone Jewellery IPO
BlueStone Jewellery and Lifestyle Limited plans to utilize the funds raised from its IPO to meet its working capital needs and for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Funding Working Capital Requirements
750
General Corporate Purposes
–
BlueStone Jewellery IPO GMP – Day 2 Update
The grey market premium (GMP) of BlueStone Jewellery IPO is ₹2.5, as on 5:00 PM August 12, 2025. The upper limit of the price band is ₹517, and the estimated listing price as per today’s GMP can be ₹519.5, giving a potential gain of around 0.48% per share.
Date
GMP (₹)
Est. Listing Price (₹)
Gain (%)
12-08-2025 (DAY 2)
₹2.5
₹519.5
0.48%
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
BlueStone Jewellery IPO – Key Details
Particulars
Details
IPO Opening Date
August 11, 2025
IPO Closing Date
August 13, 2025
Issue Price Band
₹492 to ₹517 per share
Total Issue Size
2,97,99,798 shares(aggregating up to ₹1,540.65 Cr)
Important Dates for BlueStone Jewellery IPO Allotment
Event
Date
Tentative Allotment
August 14, 2025
Refunds Initiation
August 18, 2025
Credit of Shares to Demat
August 18, 2025
Listing Date
August 19, 2025
BlueStone Jewellery Overview
BlueStone Jewellery and Lifestyle Limited is India’s second-largest digital-first omni-channel fine-jewellery brand by revenue in Fiscal 2024, offering contemporary diamond, gold and platinum designs through its website, mobile app and a pan-India network of 275 stores across 117 cities. Founded in 2011, BlueStone serves customers aged 25–45 with over 7,400 designs across 91 themed collections, supported by three manufacturing facilities in Mumbai, Jaipur and Surat. Its in-house technology stack enables 360° product visualization, real-time inventory tracking, AI-driven merchandising and seamless online-to-offline experiences. The company employs 1,943 full-time staff and utilized over 80% capacity at its Mumbai and Jaipur plants in Fiscal 2025.
Regaal Resources Limited, a prominent maize specialty products manufacturer in India, has opened its ₹306 crore IPO for subscription. The offering comprises a fresh issue worth ₹210 crore and an offer for sale amounting to ₹96 crore. The subscription window runs from August 12 to August 14, 2025, with a price band set between ₹96 and ₹102 per share. Following allotment, the company’s shares are scheduled to be listed on both the BSE and NSE on August 20, 2025.
Regaal Resources IPO Day 1 Subscription Status
On Day 1, the Regaal Resources IPO saw a strong start, with an overall subscription of 5.94 times, driven by high demand from NIIs at 10.77 times and retail investors at 5.59 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
2.94
Non-Institutional Investors (NII)
10.77
bNII (above ₹10 lakh)
10.16
sNII (less than ₹10 lakh)
11.99
Retail Individual Investors (RII)
5.59
Total Subscriptions
5.94
Total Applications: 3,33,789
Total Bid Amount: ₹1,272.86 crore
Objective of the Regaal Resources IPO
Regaal Resources Limited intends to allocate ₹159 crore from its IPO proceeds towards the repayment and/or prepayment, either fully or partially, of certain outstanding borrowings. The remaining funds will be used for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Repayment and/ or pre-payment, in full or in part, of our certain outstanding borrowings availed by our Company
159
General Corporate Purposes
–
Regaal Resources IPO GMP – Day 1 Update
The grey market premium (GMP) of Regaal Resources IPO is ₹25, as on 5:00 PM August 12, 2025. The upper limit of the price band is ₹102, and the estimated listing price as per today’s GMP can be ₹127, giving a potential gain of around 24.51% per share.
Date
GMP (₹)
Est. Listing Price (₹)
Gain (%)
12-08-2025 (DAY 1)
₹25
₹127
24.51%
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Important Dates for Regaal Resources IPO Allotment
Event
Date
Tentative Allotment
August 18, 2025
Refunds Initiation
August 19, 2025
Credit of Shares to Demat
August 19, 2025
Listing Date
August 20, 2025
Regaal Resources Overview
Regaal Resources Limited is one of India’s largest maize-based specialty product manufacturers, with an installed crushing capacity of 750 TPD. Headquartered in Kolkata, its zero-liquid-discharge facility in Kishanganj, Bihar benefits from proximity to maize cultivation hubs and key markets in East India, Nepal, and Bangladesh. The company produces native and modified starch, co-products like gluten and germ, and value-added products such as maize flour and baking powder, catering to industries including food, paper, animal feed, and adhesives. Between FY 2023 and FY 2025, revenue grew at a CAGR of 36.95%, supported by capacity expansion, diversified sourcing, and a growing domestic and export customer base.
Easy Steps to Apply for Regaal Resources IPO via Pocketful
AI has transformed the world in every possible manner and is almost used in every industry, and the stock market is no exception. AI has transformed the stock market’s operations, from executing trades with precision to forecasting stock price movements using historical data and real-time news.
In this blog, we will give you an overview of use cases of AI in the stock market, along with its key benefits and risks.
AI in Action: Transforming the Stock Market
In the world of the stock market, artificial intelligence (AI) refers to the application of complex algorithms and machine learning models to analyze market data, identify patterns, and decide whether to trade or invest. It involves the automation of processes like analyzing sentiment, risk assessment, price prediction, and portfolio management that used to need human intelligence.
Over time, AI has become an essential tool for traders and investors, enabling faster and more accurate decisions than traditional methods. By processing vast amounts of data in real time, it can detect subtle market trends that might be invisible to the human eye. AI-powered systems can also adapt to changing market conditions, continuously learning and improving their performance. This capability helps reduce emotional bias in trading, allowing for a more disciplined and data-driven approach to investing.
Features of AI in the Stock Market
The key features of AI in the stock market are as follows:
Analyse Large Datasets: Massive volumes of structured data, like historical prices, trading volumes, financial statements, etc., can be used, processed, and analysed by AI at a speed and scale which is not possible for humans.
Automated Trades: AI makes it possible for buy and sell orders to be executed automatically based on set rules or strategies.
Sentiment Analysis: AI analyses public sentiment from reports, social media, and news using Natural Language Processing (NLP), and provides its impact on price.
The most significant and impactful applications of AI in the stock market include:
Prediction of Market Movement: To forecast future stock movements, artificial intelligence (AI) systems examine huge amounts of past price data, volume patterns, and technical indicators.
High-Frequency Trading: AI-powered high-frequency trading systems can process millions of transactions per second, capitalizing on microsecond price discrepancies across global markets.
Sentiment Analysis: To assess market sentiment, tools that use AI look for information from news articles, earnings reports, and social media platforms.
Management of Portfolio: Investment portfolios are created and rebalanced by AI-driven robo-advisors according to the risk appetite, investment horizon, and goals of each investor.
Detection of Fraud: Artificial intelligence (AI) algorithms help in the detection of insider trading patterns, market manipulation, and unusual trading activity.
Customer Service: AI-powered chatbots are used by brokers to improve customer engagement and operational efficiency by responding to investor inquiries, recommending stocks, and facilitating trade execution.
Preparing Strategies: By leveraging historical data, AI can develop and test trading strategies to assess potential risks and profitability before they are executed in real markets.
The significant benefits of using AI in the stock market are as follows:
Decision Making: AI helps an individual in analysing large amounts of data collected from multiple sources in less time and make an informed decision.
Faster Execution of Trade: Through AI algorithms, one can execute trades within microseconds, as this can give traders an additional benefit while executing a trade.
Zero Emotions: Since AI operates without emotional influence, it minimizes the impact of feelings like fear or greed, making decisions solely based on data and logic.
Round-the-Clock Monitoring:AI trading systems can work 24/7 and continuously scan the market for trading opportunities.
Risk Management: AI models help minimize potential losses by continuously monitoring market conditions and adjusting risk levels in response to stock price movements.
There is a certain risk of using AI in the stock market; a few of such risks are mentioned below:
Limitations in Real Markets: Since AI relies heavily on backtested data, its strategies may not always perform well in real-world scenarios, where market sentiments are often influenced by human emotions.
Transparency: AI models generate solutions based on complex calculations, but often offer limited explanation of their reasoning, resulting in a lack of clarity.
Error: If any coding error occurs in creating AI driven systems, it can lead to significant losses in automated trading.
False Information: AI is not smart enough to analyse which news is false and which is true; therefore, any false news spread online can lead to wrong trading decisions and cause significant losses.
Cyber Security: Any kind of cyber attack might impact the AI system, as cyber attackers can control the bot and intervene in the automated trading system.
On a concluding note, AI has brought a revolutionary shift to the stock market in recent years. It is now widely used for risk management, robo-advisory services, and many other applications, enabling the analysis of vast amounts of data within seconds. However, using AI also comes with significant risks, such as cybersecurity concerns, decisions based on false information, etc. Therefore, it is advisable to use AI in the stock market analysis only after consulting your investment advisor.
S.NO.
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Yes, there are many platforms that provide AI tools for retail investors, allowing them to get the benefit of robo-advisory, stock screening, execution of trades, etc.
What are the risks involved in using AI tools in the stock market?
The significant risk involved in using an AI tool in the stock market is the lack of transparency, cyber threats, false information, etc.
Is it legal to use AI in the Indian stock market?
Yes, use of AI tools in Indian stock markets is legal, but institutions must comply with SEBI guidelines on algorithmic trading, risk management, and model governance.
How does AI predict the stock price movement?
AI predicts the stock price movement based on historical data, news, technical indicators, and financial reports.
Can AI analyse news related to a particular stock?
Yes, AI can analyse news related to a particular stock as it uses the Natural Language Processing (NLP) algorithms that reads the news, posts and discussion related to a particular stock for making trading decisions.
In recent times, many stocks have been trading at high valuations, making it a bit difficult for investors to find value stocks. In such times, stocks with low price-to-earnings ratios, i.e. stocks trading at low prices relative to earnings can prove to be a better investment option. The PE ratio helps indicate whether a stock is expensive or cheap relative to its earnings. But it is not right to invest just by looking at low PE – the company’s earnings, future growth and fundamentals should also be strong.
In this blog, we will tell you about 10 such low PE stocks in India, which are worth considering for investment in 2026.
What is a Low PE Ratio and Why Does it Matters?
The Price-to-Earnings (PE) ratio is calculated by dividing a company’s current market price per share by its earnings per share (EPS), indicating how much investors are willing to pay for each unit of earnings. In simple words, if a company’s PE ratio is 10, it means that investors are paying ₹10 for the company’s ₹1 earnings. This ratio helps to tell whether a stock is expensive or cheap.
Types of PE Ratio
PE ratio is mainly of two types – Trailing PE and Forward PE. Trailing PE is based on the actual earnings of the last 12 months, while Forward PE is calculated on the basis of future estimated earnings. It is important to understand both while investing, as they show the valuation of the company from different perspectives.
Sector-wise Variations in PE Ratio
The average PE of every industry is different. For example, FMCG companies usually have high PE because their earnings are stable, while PE is low in metal, infrastructure or PSU sectors. Therefore, a stock cannot be called good or bad only on the basis of low PE, but it is important to understand it in the context of its sector.
Why do investors like low PE stocks?
Stocks with low PE ratio are often considered cheap and investors feel that there is scope for growth in them. If the fundamentals of the company are strong, then there is a possibility of getting good returns in the future. This is the reason why investors focusing on value investing constantly look for such stocks.
10 Best Low PE Ratio Stocks in India for 2026
Company
Current Market Price (in ₹)
Market Capitalisation (in ₹ crore)
P/E Ratio
Power Finance Corporation
377
1,24,364
5.09
Bank of Baroda
308
1,59,433
8.33
Coal India
430
2,65,028
8.55
ONGC
246
3,08,909
8.42
Indus Towers
435
1,14,813
12.2
State Bank of India
1,041
9,61,138
12.2
Tata Motors
444
1,63,606
605
GAIL
165
1,08,358
12.0
Life Insurance Corporation of India
824
5,21,085
10.2
Vedanta
681
2,66,473
20.8
(Data as of 16 January 2026)
Overview of the Top Low PE stocks in India
A brief overview of the Low PE Stocks in India is given below:
1. Power Finance Corporation (PFC)
PFC is a government-owned non-banking financial company and the primary lender to India’s power sector. It finances generation, transmission, and distribution projects, with a growing focus on renewable energy initiatives like solar and wind. The company is also upgrading its digital lending platforms for faster, more transparent approvals. Backed by strong government support and sector leadership, PFC plays a critical role in enabling India’s transition towards cleaner, more efficient power infrastructure while maintaining high operational expertise in project financing.
Know the Returns:
1Y Return
3Y Return
5Y Return
-13.44%
206.77%
284.93%
(Data as of 16 January 2026)
2. Bank of Baroda
Bank of Baroda is one of India’s largest public sector banks with a strong domestic and international presence. It has been modernising operations by expanding digital banking services, enhancing its mobile banking offerings, and growing its retail and MSME portfolios. The bank is strategically increasing its branch and ATM network to improve accessibility. Its proactive measures in improving asset quality and customer experience have positioned it as one of the most progressive PSU banks adapting quickly to changing banking trends.
Know the Returns:
1Y Return
3Y Return
5Y Return
36.62%
65.63%
307.42%
(Data as of 16 January 2026)
3. Coal India
Coal India is the world’s largest coal mining company, responsible for meeting a major portion of India’s energy requirements. It operates numerous mines and is expanding capacity through new projects like Kotre Basantpur and Chandragupt. The company is actively implementing modernization measures, focusing on technology adoption. While challenges such as labor disputes occasionally arise, Coal India retains its dominant position in the sector and is vital for energy security, while also contributing to infrastructure and industrial growth.
Know the Returns:
1Y Return
3Y Return
5Y Return
13.73%
99.70%
200.31%
(Data as of 16 January 2026)
4. ONGC
Oil and Natural Gas Corporation (ONGC) is India’s largest oil and gas exploration and production enterprise. Beyond its core hydrocarbon operations, ONGC is diversifying into clean energy sources including hydrogen fuel, biofuels, and offshore wind. The company is also working on optimizing resource utilization through innovative extraction techniques in regions like Arunachal Pradesh. With a strong emphasis on ESG practices, ONGC invests in environmental protection, community development, and sustainable business operations, maintaining its position as an energy sector leader.
Know the Returns:
1Y Return
3Y Return
5Y Return
-5.68%
66.15%
141.91%
(Data as of 16 January 2026)
5. Indus Towers
Indus Towers is a leading telecommunications infrastructure provider, operating a vast network of mobile towers across India. Serving major telecom operators like Airtel and Reliance Jio, it plays a central role in enabling 4G and 5G connectivity. The company is expanding its network coverage while adopting energy-efficient and remote monitoring technologies to reduce operational costs and improve reliability. Indus Towers continues to drive digital connectivity by supporting telecom growth and fostering technological advancement in India’s communications ecosystem.
Know the Returns:
1Y Return
3Y Return
5Y Return
20.11%
135.26%
66.37%
(Data as of 16 January 2026)
6. SBI (State Bank of India)
State Bank of India is the country’s largest bank, offering a broad spectrum of retail, corporate, and rural banking services. It is at the forefront of digital innovation with mobile banking, UPI payments, QR-based solutions, etc. SBI also focuses on financial inclusion, reaching underserved regions via its strong network of branches and strong brand trust. SBI remains central to India’s financial system while adapting swiftly to evolving customer needs.
Tata Motors is a diversified automotive manufacturer producing passenger cars, commercial vehicles, and electric vehicles (EVs). The company has been focusing on its EV strategy and increasing exports to international markets. It is also driving innovation in connected and sustainable mobility while enhancing its market share in the commercial vehicle segment. Through its subsidiary Jaguar Land Rover, Tata Motors maintains a strong global luxury automobile presence, blending technology, design, and eco-friendly practices across its product lineup.
GAIL is India’s largest state-owned natural gas processing and distribution company. It operates an extensive network of pipelines and is expanding into new geographic regions, including the North-East and North-West. The company supports the growth of CNG and PNG infrastructure while adopting sustainable practices for greater efficiency. GAIL plays a pivotal role in promoting cleaner energy alternatives and aims to strengthen India’s transition towards a low-carbon economy through reliable gas supply infrastructure.
Know the Returns:
1Y Return
3Y Return
5Y Return
-9.46%
70.99%
75.55%
(Data as of 16 January 2026)
9. Life Insurance Corporation of India (LIC)
LIC is India’s largest life insurance company, with decades of trust serving millions of policyholders. Its product portfolio spans life insurance, annuities, pensions, and investment-linked plans. In recent years, LIC has strengthened its digital footprint, enabling online premium payments, claims tracking, and policy servicing through mobile applications. The corporation integrates strong corporate governance practices post-listing while strategically diversifying investments across sectors. With unmatched reach and brand loyalty, LIC remains the backbone of India’s life insurance industry.
Vedanta is a diversified natural resources company engaged in mining and metals, including zinc, aluminium, copper, iron ore, etc. The company is actively trying to fulfil its ESG commitments, focusing on energy efficiency and sustainable mining practices. It has restarted key mining activities to boost production and is investing in modern technologies to improve operational performance. Vedanta’s integrated operations and multi-commodity portfolio allow it to leverage market opportunities across natural resources while aligning with global sustainability benchmarks.
On seeing a low PE ratio, many investors immediately assume that this stock is cheap and will give good returns in the future. But this is not always the case. Sometimes there are some serious reasons hidden behind this low PE, which is important to understand.
Unusual profits causing high EPS : Sometimes a company suddenly shows a big one-time profit – like selling an asset or getting tax exemption. This increases EPS and reduces the PE ratio, but it is not sustainable.
Sector in decline : When low PE stocks belong to an industry in long-term decline such as one based on outdated technology or an obsolete business model, their future performance is likely to be weak.
Value Trap vs Value Buy : Low PE can sometimes become a value trap too as stocks with low PE may look cheap but in reality have no prospects of further growth.
Factors to Consider Before Investing in Low PE Stocks
Various factors to consider before investing in low PE stocks is given below:
Evaluate the company’s future growth Potential : It is not right to assume a stock to be undervalued just by looking at low PE. First of all, it is important to see how strong the company’s business is, what is its future potential and how fast it is growing in its sector.
Understand the real reason behind low PE Ratio : It is very important to analyze why the PE ratio of any stock is low. It is possible that the company is really undervalued, but it is also possible that its value in the market has fallen due to its poor financial condition. Investing without understanding the underlying reason can be risky.
Do look at future earnings : Investing in low PE shares proves beneficial only when the company has the potential to earn good returns in the future. If the company’s growth is stagnant or the market share is continuously falling, then even a stock that looks cheap can be harmful.
Industry and Peer Comparison is important : To evaluate a company with low PE, you should compare the company with other companies in the same sector. If the PE across the industry is low, it could be a sector-specific reason.
Analyse management quality and company legacy : No matter how attractive the valuation, investing in a company with a poor track record of financial performance or untrustworthy management is unlikely to be a sound decision. Strong corporate governance and consistent performance should always take priority.
Conclusion
Low PE stocks are often considered cheap and attractive investment options, but it is not wise to base your decision on this single metric alone. It is important to also take into account the company’s growth prospects, industry position, management quality and long-term vision. With the right research, low PE stocks can indeed turn out to be multibaggers. It is advised to consult a financial advisor before investing.
S.NO.
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A low PE stock is one whose Price to Earnings ratio is lower than its peers or sector average.
Are low PE stocks always good for investment?
No, not every time. Sometimes the PE ratio also goes down due to the company’s unusually high earnings in a specific reporting period or due to lack of growth potential.
What should you check before investing in a low PE stock?
The company’s fundamentals, future growth, credibility of management and the sector condition must be analyzed before investing in any stock.
Does Low PE always mean the stock is undervalued?
Not necessarily. Sometimes the PE ratio looks low due to the high one-time earnings that are not expected to repeat or due to lack of growth potential.
Should beginners invest in Low PE stocks?
If you are new to the stock market, then first understand the company’s fundamentals and invest only after taking advice from your financial advisor.
BlueStone Jewellery and Lifestyle Limited, one of India’s leading omni-channel fine jewellery retailers, has launched its much-awaited ₹1,540.65 crore IPO, consisting of a fresh issue of ₹820 crore and an offer for sale of ₹720.65 crore. The issue opened for subscription on August 11, 2025, at a price band of ₹492–₹517 per share, and will close on August 13, 2025. Post allotment, the company’s shares are set to be listed on both the BSE and NSE on August 19, 2025.
BlueStone Jewellery IPO Day 1 Subscription Status
The BlueStone Jewellery IPO didn’t receive much attention on its first day, with an overall subscription of just 0.39 times. QIBs subscribed 0.57 times, NIIs only 0.04 times, and retail investors 0.39 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
0.57
Non-Institutional Investors (NII)
0.04
bNII (above ₹10 lakh)
0.03
sNII (less than ₹10 lakh)
0.06
Retail Individual Investors (RII)
0.39
Total Subscriptions
0.39
Total Applications: 30,036
Total Bid Amount: ₹330.42 crore
Objective of the BlueStone Jewellery IPO
BlueStone Jewellery and Lifestyle Limited plans to utilize the funds raised from its IPO to meet its working capital needs and for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Funding Working Capital Requirements
750
General Corporate Purposes
–
BlueStone Jewellery IPO GMP – Day 1 Update
The grey market premium (GMP) of BlueStone Jewellery IPO is ₹9, as on 5:00 PM August 11, 2025. The upper limit of the price band is ₹517, and the estimated listing price as per today’s GMP can be ₹526, giving a potential gain of around 1.74% per share.
Date
GMP (₹)
Est. Listing Price (₹)
Gain (%)
11-08-2025 (DAY 1)
₹9
₹526
1.74%
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
BlueStone Jewellery IPO – Key Details
Particulars
Details
IPO Opening Date
August 11, 2025
IPO Closing Date
August 13, 2025
Issue Price Band
₹492 to ₹517 per share
Total Issue Size
2,97,99,798 shares(aggregating up to ₹1,540.65 Cr)
Important Dates for BlueStone Jewellery IPO Allotment
Event
Date
Tentative Allotment
August 14, 2025
Refunds Initiation
August 18, 2025
Credit of Shares to Demat
August 18, 2025
Listing Date
August 19, 2025
BlueStone Jewellery Overview
BlueStone Jewellery and Lifestyle Limited is India’s second-largest digital-first omni-channel fine-jewellery brand by revenue in Fiscal 2024, offering contemporary diamond, gold and platinum designs through its website, mobile app and a pan-India network of 275 stores across 117 cities. Founded in 2011, BlueStone serves customers aged 25–45 with over 7,400 designs across 91 themed collections, supported by three manufacturing facilities in Mumbai, Jaipur and Surat. Its in-house technology stack enables 360° product visualization, real-time inventory tracking, AI-driven merchandising and seamless online-to-offline experiences. The company employs 1,943 full-time staff and utilized over 80% capacity at its Mumbai and Jaipur plants in Fiscal 2025.
Easy Steps to Apply for BlueStone Jewellery IPO via Pocketful
JSW Cement, the fast-growing cement manufacturer in the JSW Group, has launched a ₹3,600 crore initial public offering. The IPO consists of a ₹1,600 crore fresh issue of equity shares by the company and an offer-for-sale of up to ₹2,000 crore by existing shareholders. The price band has been set at ₹139 to ₹147 per share. The subscription window is open from 7 August to 11 August 2025, and the shares are expected to begin trading on 14 August on both the BSE and NSE.
JSW Cement IPO Day 3 Subscription Status
JSW Cement’s IPO saw strong demand, with the issue subscribed 8.22 times overall. QIBs led the response at 16.71 times, followed by NIIs at 11.60 times, while retail investors subscribed 1.91 times, reflecting solid market confidence in the company.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
16.71
Non-Institutional Investors (NII)
11.60
bNII (above ₹10 lakh)
13.29
sNII (less than ₹10 lakh)
8.24
Retail Individual Investors (RII)
1.91
Total
8.22
Total Applications: 12,75,003
How to Check JSW Cement IPO Allotment Status
JSW Cement IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
JSW Cement plans to utilize the funds raised from its IPO to support business expansion and strengthen its financial position. A significant portion will go towards setting up a new integrated cement unit in Rajasthan, while the rest will be used for debt repayment and general corporate needs.
Use of IPO Proceeds
Amount (₹ Cr)
Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan
800
Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
520
General Corporate Purposes
–
JSW Cement IPO GMP – Day 3 Update
The grey market premium (GMP) of JSW Cement IPO today is ₹5, updated as of 5:00 PM on 11 August 2025. The estimated listing price based on today’s GMP could be ₹152, giving a potential return of around 3.40% per share.
Date
GMP
Est. Listing Price
Gain
11 August 2025 (DAY-3)
₹5
₹152
3.40%
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
JSW Cement is one of India’s fastest growing cement producers, ranking among the top three for grinding capacity and sales volume growth between fiscal years 2015 and 2025 and among the top ten by installed capacity and sales as of March 2025 according to CRISIL. The company’s installed grinding capacity reached 20.60 MMTPA and clinker capacity reached 6.44 MMTPA with ongoing expansions planned to increase these figures to 41.85 MMTPA and 13.04 MMTPA respectively. Green cementitious products including GGBS, PSC and PCC accounted for 77.4 percent of sales volume in fiscal 2025 resulting in a clinker to cement ratio of 50.1 percent. JSW Cement operates seven plants across southern, western and eastern India supported by long-term raw material linkages and mining rights covering over 1.2 billion tonnes of limestone. Guided by a circular economy approach, the company leads its peers in carbon dioxide emission intensity reduction and industrial waste utilization while leveraging the JSW Group’s brand and synergies in steel energy and logistics.
Frequently Ask Questions (FAQs)
What is the opening and closing date of the JSW Cement IPO?
JSW Cement IPO is open on 7 August 2025 and will close on 11 August 2025.
What is the price band of the JSW Cement IPO?
Its price band is fixed from ₹139 to ₹147 per share.
What is the GMP (Grey Market Premium) of the JSW Cement IPO today?
The GMP on 11 August 2025 is ₹5, which leads to a possible listing price of ₹152.
What is the total issue size of the JSW Cement IPO?
The total issue size of the IPO is ₹3,600 crore, which includes a fresh issue of ₹1,600 crore and an offer for sale of ₹2,000 crore.
What is the expected listing date of the JSW Cement IPO?
This IPO will be listed on BSE and NSE on 14 August 2025.
If you want to be successful in trading, reading chart pattern books is as important today as it was in the past. In 2026, where the market has become even faster, volatile and technology-driven, identifying the right chart pattern can greatly improve your trading decisions. Whether you are a beginner or an experienced trader, the best chart pattern book can enhance your technical analysis skills.
In this blog, we will tell you about 10 such excellent and updated best trading chart patterns books which are still relevant and can help you realize consistent profits.
Top 10 Best Chart Patterns Books for Traders (2026 List)
Book Name
Author
Best For
Key Highlights
Encyclopedia of Chart Patterns
Thomas N. Bulkowski
Intermediate Advanced traders
Includes approximately 70–75 reversal and continuation patterns, statistical data, and failure analysis
Technical Analysis Using Multiple Timeframes
Brian Shannon
Intermediate Advanced traders
Accurate identification of chart patterns in a multi‑timeframe context, trend alignment
Trading Classic Chart Patterns
Thomas N. Bulkowski
Intermediate traders
Entry/exit levels, trade setups, real examples for each pattern
Japanese Candlestick Charting Techniques
Steve Nison
Beginners Intermediate
Candlestick foundations for pattern analysis
Trading Price Action Trends
Al Brooks
Advanced traders
Deep understanding of repeated estimation methods, trend-following and reversal patterns
Price Action Breakdown
Laurentiu Damir
Beginners Intermediate
Focus on high-probability patterns such as pin bars, inside bars, engulfing bars
Visual aids and structure-based examples for pattern recognition.
Candlestick Charting Explained
Gregory L. Morris
All Levels
Focus on standardized 89 candlestick patterns, with an emphasis on pattern identification and false signal filtering
Chart Patterns
Bruce M. Kamich
BeginnersIntermediate
Formations like flags, head‑and‑shoulders, double bottoms, breakout timing and pattern spotting guide
Brief Overview of the Chart Patterns Books
A summary of the 10 best Chart Patterns Books has been given below:
1. Encyclopedia of Chart Patterns
This book is considered to be a definitive reference in the world of chart patterns. Thomas Bulkowski has explained more than 60 classic chart patterns such as head & shoulders, triangles, flags etc. with statistical analysis. The success rate, failure rate, average price movement and trading strategies of each pattern have been explained in detail. This book is very useful for traders for pattern-based decision making and price prediction. The special thing is that the author has also analysed the performance of each pattern on the basis of historical market data.
2. Technical Analysis Using Multiple Timeframes
This book by Brian Shannon is excellent in explaining the concept of multiple timeframes. Although it covers broader technical analysis, the depth of price structure and chart interpretation in it is very high. The author explains how the same chart can be analysed in different timeframes to decide better entries and exits. It provides practical ways to integrate trend alignment, support-resistance zones and moving averages with price action, making trading decisions more confident.
3. Trading Classic Chart Patterns
This is Bulkowski’s second important book that focuses specifically on classical chart patterns. It takes a deep dive into about 50 traditional patterns such as cup & handle, double top, triple bottom, etc. The psychology behind each pattern, entry-exit rules and performance statistics are provided. Also, real-world examples and visual charts make it very practical. This book is for those traders who want to make pattern recognition their core trading tool.
4. Japanese Candlestick Charting Techniques
This classic book by Steve Nison gives Western traders detailed knowledge of candlestick charting for the first time. It explains more than 50 candlestick patterns such as doji, hammer, engulfing, morning star. The meaning, formation, market psychology and trading signals of each pattern are given in a very systematic manner. This book is a reference guide not only for beginners but also for advanced chartists. The integration of candlestick and bar charts is also explained well in it.
5. Trading Price Action Trends
This book by AL Brooks gives scientific depth to price action trading. In this, chart analysis is done only on the basis of price bars, without any indicators. The author has done a detailed study of trend structures, breakout patterns, pullbacks, and exhaustion points. The special thing is that this book is based on intraday charts and improves chart-based decision making in scalping or short-term trading. This book is like a guide to understand the internal dynamics of price movement.
6. Price Action Breakdown
This book focuses on price action in a simple and structured way. It teaches ways to identify basic chart structures such as support-resistance, swing highs-lows, and trendlines. The author emphasizes on explaining the psychological patterns of the charts, which helps in better prediction of reversal and continuation points. This book is useful for those traders who want to trade by understanding the price structure without indicators.
7. Trading Price Action Reversals
This book by Al Brooks provides a microscopic analysis of reversal patterns. It explains how a trend reversal can be identified in advance from the price action. Patterns like false breakouts, double tops-bottoms, wedge reversals are explained on real charts. This book is highly recommended especially for intraday and short-term traders who work on reversal-based entries. Logical approach and context-based analysis are its core strengths.
8. The Visual Guide to Chart Patterns
This book is the best option for a visual learner. In this, every chart pattern has been explained in a graphical manner, which makes recognition easy. Bulkowski presents dozens of chart patterns’ structure, breakout direction, failure signs, and performance stats through visuals. This is a user-friendly and practical guide for beginners and intermediate traders. An unmatched resource for visually understanding pattern-based decision making.
9. Candlestick Charting Explained
This book by Gregory Morris explains the concepts of candlestick charting in detail and step-by-step. Over 50 individual candlestick patterns and their combinations are thoroughly analyzed. The formation, significance, and reliability of each pattern are statistically validated. The book also contains numerous charts and historical examples, so that theoretical concepts can be easily applied practically. This book is highly useful for mastering candlestick techniques.
10. Chart Patterns
This book explains the identification, reliability, and application strategies of reversal and continuation patterns through case studies and charts. Kamich focuses on the institutional level charting approach, making it a solid resource for advanced traders. Matching fundamental concepts to charts improves the ability to perform real-time trading analysis.
What Makes a Great Chart Pattern Book?
Several key qualities distinguish an excellent chart pattern book as listed below, ensuring it is both informative and practical for traders at any level.
Clear explanation with practical charts : The best chart pattern book is considered to be the one that explains the pattern step-by-step through real charts. Visual clarity is more important than text.
Data and backtesting based analysis : Just identifying the pattern is not enough. A good chart patterns book must have data like historical performance, success/failure ratio. This gives you both confidence and direction in trading.
Easy and understandable illustrations : Good books explain even complex things with simple illustrations, so that even beginner traders can learn easily.
Information about false breakouts and failed patterns : A book that explains not only successful patterns, but also failed patterns and their signals is more reliable.
Matches your trading style : Every trader has a different style day trading, swing or positional. The right book is the one that gives you depth and context according to your need.
How to Choose the Right Chart Patterns Book for You
Every trader has different needs, so it is important to understand your skill level and trading style before choosing a chart pattern book. Below are some important points that will help you choose the right book:
Focus on visuals if you are a beginner : If you are a beginner, choose a book that has charts, examples and easy illustrations. This will help you quickly identify and understand patterns.
Data is important at the intermediate level : If you have some experience, then books that include success/failure rates of patterns, historical analysis and trading strategies will be better.
Advanced traders require in-depth knowledge : If you trade at the pro level, read books that cover topics such as context-based patterns, trading psychology and risk management.
Match your trading style : Whether it isday trading or swing trading, the book should match your strategy.
Understanding chart patterns in trading helps you make better decisions but it starts with a good book. Not every book is right for everyone, but when you choose according to your needs and experience, that book becomes the strongest source of learning. Any of the best chart pattern books mentioned above can point you in the right direction. Start, build understanding slowly and start applying it on real charts that is the real growth.
S.NO.
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There are times when you need money but don’t want to sell your shares. In such a situation, investors now have two easy and smart options to have access to funds: Margin Trading Facility (MTF) and Loan Against Shares (LAS). Both allow you to pledge your shares with your broker to borrow money, without having to sell your investments. Nowadays, both these facilities are becoming increasingly popular among retail investors in India.
In this blog, we will understand in detail what is the difference between MTF and LAS, when which option is better, along with their benefits and risks.
What is a Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) is a facility that allows investors to buy shares of a higher value than the total amount they have. In this, you only have to deposit a fixed margin amount, and the rest of the amount is given to you by the brokerage firm as a loan. You can also consider it as the credit card of the stock market.
How does MTF work in India?
MTF service is being provided today by almost all the major brokers of India like Pocketful, Zerodha, Angel One, ICICI Direct, HDFC Securities, Groww etc.When you buy a share through MTF, those shares do not come to your demat account, but remain in pledged status. That is, until your entire loan is repaid, the shares you bought through MTF remain pledged.
How are shares pledged?
The brokerage firm pledges the shares purchased by you through the margin pledge system of NSDL or CDSL. If the stock price falls and the margin is reduced, you get a margin call meaning you either have to put up more money or the brokerage can sell your shares.
Interest Rate & Tenure
Brokerage companies usually charge 12% to 18% annual interest on MTF. The interest charges are calculated on a daily basis. However, some new digital platforms are now offering the facility at even lower rates. For example, Pocketful platform charges only 5.99% annual interest on MTF, which is currently the lowest in the market.
Loan Against Shares (LAS) is a loan that you get by pledging your existing share holdings. You can think of it like a personal loan, where a bank or NBFC lends you a fixed amount based on your share value but without selling your shares.
How does LAS work?
When you take LAS, you have to pledge the shares in your demat account. The bank or finance company then lends a part of your total invested value (usually 50%–70%) as a loan. This entire process takes place under SEBI regulations and the shares remain in your name, only the bank has a lien on them.
Where is it used?
The biggest advantage of LAS is that this loan is for completely unrestricted use, that is, you can use this amount for business, education, medical expenses, or any personal need. It cannot be used for speculative activities and margin trading.
Interest Rate and Loan Tenure
The interest rates on LAS are usually between 9% and 12% per annum, which is lower than MTF. The loan tenure is also more flexible, sometimes it can be from 12 to 36 months.
Key Differences Between MTF and Loan Against Shares (LAS)
Parameter
Margin Trading Facility (MTF)
Loan Against Shares (LAS)
Purpose
To borrow funds for buying more stocks
To get cash by pledging your existing shares
Offered By
Stock brokers
Banks and NBFCs
Tenure
Short-term typically T+7 or T+30 days
Long-term usually 12 to 36 months
Interest Rate
Around 12%-18% annually
Around 9%-12% annually
Pledging
Shares bought via margin are pledged
Pre-owned shares are pledged
Usage of Funds
Only for buying more stocks
For any personal financial need
When Should You Use MTF?
Margin Trading Facility (MTF) is most useful for those investors who are active in the stock market and think of earning more profits in a short time. If you are confident about the short-term movement of a stock, and you are ready to take a little risk, then MTF can be a smart tool.
For which investors is MTF right?
Focus on short-term trading strategies
Have a high risk tolerance
Are skilled at spotting opportunities and can enter and exit trades quickly
Example : Suppose you have ₹50,000 and you want to buy shares worth ₹1,00,000. Through MTF, you can buy stocks up to twice your budget. If you expect a stock to rise by 10% in 5 days, then with this facility you can earn good returns even with less capital.
Loan Against Shares (LAS) is a great option for investors who want to meet some cash needs without selling their long-term share portfolio. In this, you can take a loan by pledging your existing shares and that too without touching your investment.
Who is LAS better for?
Long term investors who do not want to sell their shares
Business owners who need funds for working capital
People who need emergency funds – like medical, children’s fees, or personal expenses
Low-risk investors
Example : Suppose you have shares worth ₹10 lakh in a demat account. You need ₹3 lakh for college fees. You can take LAS from the bank by pledging these shares without selling them and without affecting long-term returns.
Both MTF and LAS facilities are very useful for raising funds from the stock market, but they also carry some important risks, which are important to understand.
Risks associated with MTF:
If the stock price falls, there may be a forced square-off, i.e. the brokerage can sell your shares
The interest rate is high (up to 12–18%), which can increase the cost
Dependence on short-term market movement also leads to a higher timing risk
Risks associated with LAS:
If the value of the stock falls, the bank can make a margin call
If the entire portfolio is pledged in a downmarket, the loan-to-value ratio may deteriorate
If the interest or loan is not repaid on time, the bank can sell your shares.
Pocketful MTF has an interest rate of just 5.99% per annum, while Loan Against Shares (LAS) from a bank or NBFC usually attracts an interest rate of 9% to 12%. While LAS takes 2 to 5 days to process, Pocketful MTF is activated within minutes and has very limited documentation.The loan amount in LAS can be used for any requirement, while Pocketful MTF is specifically designed for share trading allowing funds to be used directly for trading, allowing for more focused investing.
Conclusion
Both MTF and Loan Against Shares are effective ways to raise funds from the stock market, but their use depends on your needs and investment style. If you are active in the market and want to make quick profits, then MTF may be right for you. On the other hand, if you already have shares and want cash without selling them, then LAS will be more convenient. Before choosing any option, it is important to understand the interest rate, risk and loan terms thoroughly, so that a wise decision can be taken.
S.NO.
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The Highway Infrastructure IPO of ₹130 crores comprises a fresh issue of ₹97.52 crores and an offer for sale (OFS) of ₹32.48 crores. The bidding for the IPO opened on August 5, 2025, and closed on August 7, 2025. The shares of the company are scheduled to be listed on BSE and NSE on August 12, 2025.
Highway Infrastructure IPO Day 3 Subscription Status
Investors Category
Subscription(x)
Qualified Institutional Buyers (QIB)
432.71
Non-Institutional Investors (NII)
473.10
bNII (above ₹10 lakh)
483.92
sNII (less than ₹10 lakh)
451.47
Retail Individual Investors (RII)
164.48
Total Subscriptions
316.64
Total Applications: 46,36,029
Total Bid Amount: ₹33,754 crores
How to check Highway Infrastructure IPO Allotment Status
Highway Infrastructure IPO allotment can be easily checked online in two ways: from the Registrar’s (Bigshare Services Pvt. Ltd.) website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
The primary objective of the Highway Infrastructure IPO is to raise funds to meet the company’s working capital needs and for general corporate purposes. These funds will help support ongoing infrastructure projects and aid in the company’s overall growth.
Objects of the Issue
Expected Amount (in ₹ crores)
Funding Working Capital Requirements of the Company.
65.00
General Corporate Purposes.
–
Highway Infrastructure IPO GMP – Day 3 Update
Date
GMP
Est. Listing Price
Gain
07 August 2025 (Day 3)
₹36
₹106
51.43%
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Important Dates for Highway Infrastructure IPO Allotment
Event
Date
Tentative Allotment
Aug 8, 2025
Initiation of Refunds
Aug 11, 2025
Credit of Shares to Demat
Aug 11, 2025
Listing Date on BSE & NSE
Aug 12, 2025
Highway Infrastructure Overview
Highway Infrastructure Limited (HIL), established in 1995, is a diversified infrastructure company with nearly 30 years of experience. Led by Arun Kumar Jain, Anoop Agrawal, and Riddharth Jain, the company operates across three synergistic verticals: Tollway Collection, EPC Infrastructure Projects, and Real Estate. Its tolling business, spanning 11 states and 1 Union Territory with advanced ANPR technology, provides stable, recurring revenues, while the EPC arm has delivered over 60 projects in roads, bridges, and irrigation systems. The emerging real estate division further adds growth potential. Together, these segments form a balanced model where predictable toll income supports the capital-intensive EPC and real estate businesses, positioning HIL as a resilient and de-risked infrastructure asset manager.
Frequently Asked Questions (FAQs)
What are the opening and closing dates of Highway Infrastructure IPO?
The Highway Infrastructure IPO opened on August 5, 2025, and will close on August 7, 2025.
What is the price band for the Highway Infrastructure IPO?
The price band for the IPO is fixed between ₹65 and ₹70 per share.
What is the issue size of the Highway Infrastructure IPO?
The total issue size is ₹130 crore, comprising a fresh issue of ₹97.52 crore and an offer for sale (OFS) of ₹32.48 crore.
When will Highway Infrastructure shares be listed?
The shares are expected to be listed on BSE and NSE on August 12, 2025.
What is the Day 3 subscription status of the Highway Infrastructure IPO?
On Day 3, the IPO received a total subscription of 316.64 times, with the QIB portion subscribed 432.71 times, NII subscribed 473.10 times, and the retail portion subscribed 164.48 times.
NTPC and Power Grid are major contributors to India’s energy needs. NTPC is the leader in electricity generation, while Power Grid manages the transmission network across the country. In this case study, we will compare NTPC vs Power Grid based on business model, financial performance and future plans. If you want to understand these two companies better or are comparing them for investment purposes, then this blog will be useful for you.
Company Overview: NTPC
NTPC (National Thermal Power Corporation) is a major public sector company under the Government of India, which is considered to be the largest power generating company in the country. It was started in 1975 and today its headquarter is located in New Delhi. Over the years, NTPC has not limited itself to just generating electricity from coal, but now it has also become active in areas like hydro, solar, wind and nuclear.
What does the company do?
NTPC mainly generates electricity through thermal power plants and supplies it to state governments and discoms. At present, its total installed generation capacity is around 80 GW. NTPC has many large power stations across the country – such as Singrauli (UP), Korba (Chhattisgarh), Ramagundam (Telangana) and Vindhyachal (MP). Apart from this, the company is also expanding aggressively in renewable energy.
Recent Major Events : NTPC generated around 438.6 billion units of electricity in 2024-25, which is about 4% more than last year. During this period, the company has also added 3,972 MW of new capacity. NTPC is now moving into areas like green hydrogen, pump storage and nuclear energy, so that it can prepare for the long-term energy needs of the country.
Role and Importance : NTPC is an important part of the country’s baseload power supply – that is, the electricity that is needed 24×7. Its high plant load factor (PLF) makes it one of the most reliable in the industry. NTPC is considered a stable and sustainable company in India’s energy sector, with good stable income with low risk due to power purchase agreements (PPAs) and government support.
Business Model – NTPC Limited
From thermal to renewable : NTPC’s business model is no longer dependent only on coal. It has also become active in hydro, solar, wind and nuclear power. This is a big step towards energy transition, which makes the company look ready for the future.
Long-term PPAs : NTPC’s biggest strength is its long-term power purchase agreements (PPAs). These agreements give it assured revenue and stability of income, which is a sign of confidence for investors.
Beyond production – own coal mining : NTPC is now mining coal on its own along with power generation. This gives it self-sufficiency in fuel supply and keeps costs under control.
Government support and strategic expansion : Being under the central government, NTPC benefits from strategic plans, grid support and funding. This company is not only moving towards commercial success, but is also contributing to India’s net zero goal.
Company Overview : Power Grid Corporation of India
Power Grid is an important public sector company of the Government of India, which handles the electricity transmission network of the country. It was established in 1989 and is headquartered in Gurugram, Haryana. Today Power Grid manages more than 85% of the country’s inter-state transmission, which delivers electricity generated in one corner of the country to another.
What does the company do?
Power Grid primarily builds, operates and maintains high voltage transmission networks. It ensures that electricity from power producers across the country is transmitted to states and distribution companies in a safe and stable manner. Today it has more than 1.80 lakh kilometers of transmission lines and more than 5.5 lakh MVA of transformation capacity.
Recent major events : The company also commissioned several new lines this year and increased investments in projects such as Green Energy Corridor, North East Grid, and Digital Transmission Network. Apart from this, the company also monetized some transmission assets through its existing PGInvIT scheme.
Role and Importance : Power Grid is the backbone of the country’s 24×7 power supply system. Without it, power generating companies cannot deliver their product to customers. The company’s regulated tariff model and stable cash flow make it a reliable option for investors. It is a company that works on low risk and stable returns.
Business Model – Power Grid Corporation
Transmission Focused Operation : Power Grid’s entire business is based on power transmission. It operates ultra high voltage transmission lines across the country and maintains the balance of power between states.
Regulated Return Model : Its business model is based on tariffs fixed by CERC, which gives the company a fixed return, regardless of whether the demand is low or high. This keeps the company’s earnings stable.
Infrastructure Monetization : Power Grid has monetized some of its assets through PGInvIT, which gives it capital to invest in new projects and keeps the balance sheet light.
New initiatives and digital grid : The company is now moving beyond traditional transmission and entering areas like electric vehicle charging, fiber network, and digital substation. This is preparing it for the future transmission model.
Comparative Analysis : NTPC Vs Power Grid
Particulars
NTPC
Power Grid
Current Price (₹)
333
292
Market Cap (₹ Crores)
3,23,093
2,71,671
52-W High (₹)
448
366
52-W Low (₹)
293
247
FII Holdings as of March 2025
17.79%
26.78%
DII Holdings (as of March 2025)
27.33%
18.35%
Book Value (₹)
190
99.6
PE Ratio
13.8
17.5
(Data as of 7 August 2025)
Financial Statements Analysis
Income Statement Comparison
Particulars
NTPC
Power Grid
Total Income
190,862
47,459
Total Expenses
147,709
19,354
EBIT
43,152
28,104
Net Profit
21,739
15,631
(All values are in INR crores and the data is as of March 2025)
Balance Sheet Comparison
Particulars
NTPC
Power Grid
Current Liabilities
104,502
40,245
Current Assets
111,782
39,376
Reserves & Surplus
174,374
83,362
(All values are in INR crores and the data is as of March 2025)
Cash Flow Statement Comparison
Particulars
NTPC
Power Grid
Cash Flow from Operating Activities
50,435
36,223
Cash Flow from Investing Activities
-45,799
-23,533
Cash Flow from Financing Activities
-4,073
-12,357
(All values are in INR crores and the data is as of March 2025)
Key Performance Ratios (KPIs)
Particulars
NTPC
Power Grid
Operating Profit Margin (%)
20.96
60.77
Net Profit Margin (%)
11.55
34.13
ROE (%)
12.72
16.75
ROCE (%)
9.40
12.32
Debt to Equity (x)
1.34
1.41
(Data as of March 2025)
Future Plans of NTPC Limited
Towards sustainability through Brighter Plan 2032 : NTPC has set a target of decarbonisation, water conservation and net-zero townships by 2032. The company wants to make its townships Scope-2 net zero by FY25-26.
Fast pace in renewable energy : NTPC aims to add 60 GW of green energy (solar, wind, hydro) capacity. In FY25, the company added 3 GW solar and 2 GW thermal capacity.
Big planning in nuclear energy : NTPC is now also venturing into nuclear power and plans to add 30 GW capacity in the coming years, including sites like Mahi Banswara.
Capex and innovation : The company will invest ₹87,600 crore between FY25-27, including renewable projects and 1,000 MW of pumped storage.
Future Plans of Power Grid Corporation of India
Emphasis on green energy transmission : Power Grid has put a big focus on the green energy corridor. With the support of the government, the company is laying new transmission lines for renewable energy across the country.
Capex and network expansion : The company is investing more than ₹10,000 crore in FY25, especially for expanding the transmission network and substation modernization.
International expansion : Power Grid is working on interconnection projects outside India to Nepal, Bhutan, and Bangladesh to increase trans-national power trading in the future.
Who is better: NTPC vs Power Grid?
Business area and focus : NTPC is primarily focused on power generation, which includes sources like thermal, hydro, solar and nuclear, while Power Grid’s focus is completely on transmission and grid management. Both companies are the backbone of the power sector, but their role is different.
Revenue and profitability : NTPC’s revenue comes mainly from power generation and the company’s scale is large. Power Grid’s revenue is stable and less risky as its business model is based on long-term transmission projects. Both have good EBITDA margins, but there is a difference in structure.
Growth and capex plans : NTPC is expanding extensively in segments like renewable and nuclear, while Power Grid is investing in future transmission networks and digital operations. Both have long-term and stable growth strategies.
Direction of Green Energy : NTPC aims to achieve more than 60 GW of green energy capacity by 2032. Power Grid, on the other hand, is developing the transmission infrastructure of green energy so that the reach of renewable power can increase across the country.
Risk and Stability : NTPC’s model is slightly more capital intensive and regulatory risky due to being linked to generation. Whereas Power Grid’s transmission business remains relatively stable and predictable.
Both companies have their own expertise and niche. No company can be said to be better as it depends on the investor’s objective and risk profile.
NTPC and Power Grid both companies are playing a very important role in India’s energy system. One generates electricity, the other supplies it across the country. Their presence will not only strengthen India’s energy infrastructure, but will also help meet future needs. Both have different strategies, expansion plans and performance, but it is not easy to call one better. It is clear from this comparison that both these companies will continue to be a strong base in India’s growth story.
S.NO.
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