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One Point One Solutions to acquire a Latam-based contact centre valued at USD 30 to USD 35 million 



One Point One Solutions Limited (OPO) has signed a non-binding term sheet to acquire a Latin American-based contact centre with an enterprise value of USD 30 to USD 35 million. This acquisition aligns with OPO's strategy to expand its global reach, enhance its digital customer engagement solutions, and unlock operational synergies. The target company brings expertise in AI-driven analytics, omnichannel customer engagement, and multilingual support, significantly broadening OPO's service offerings. 

The proposed acquisition will enhance OPO's footprint in key high-growth regions like Costa Rica, Panama, and Colombia, while also providing access to a new client base in sectors such as telecommunications, financial services, and e-commerce. By integrating the target company's operations, OPO expects to achieve enhanced efficiency, cost savings, and increased service capacity to meet the growing demand for customer support and digital engagement solutions. The acquisition will also add over 1,400 skilled professionals to OPO's workforce, strengthening its global talent pool and its ability to deliver best-in-class customer service. The final terms of the transaction are subject to the completion of due diligence and the negotiation of a definitive agreement. 

The company has a market cap of ₹1,500 crore with an ROE of 22 per cent and an ROCE of 22 per cent. From ₹12.20 per share to ₹60.70 per share, the stock gave multibagger returns of 398 per cent in 3 years. 

BPCL plans ₹1,000 crore IPO of Maharashtra Natural Gas Limited amid strategic growth and market challenges 

BPCL, in a recent announcement, revealed that Maharashtra Natural Gas Limited (MNGL), a joint venture between BPCL, GAIL, and IGL, is preparing for an Initial Public Offering (IPO) worth over ₹1,000 crore. The BPCL board has approved the proposal in principle, pending regulatory and other necessary approvals. Global economic growth is projected at 3.2 per cent annually for 2024 and 2025, with India’s economy expected to expand between 6.5 per cent and 7.2 per cent in FY '25. However, geopolitical tensions and trade uncertainties could pose challenges to inflation and overall economic stability. 

BPCL saw a growth of 4 per cent in petroleum product consumption in India during H1 FY '25. Key products like petrol, diesel, and ATF experienced significant growth. BPCL also gained a slight market share in MS retail and HSD retail during the same period. BPCL reported ₹1,17,952 crores in revenue for the quarter, with a profit after tax of ₹2,397 crores. Despite absorbing LPG and marketing losses, the company is optimistic about its future growth. It plans to invest ₹16,400 crores in capex for FY '24/'25 and expects to continue strategic investments and network expansion. 

BPCL's future plans include a capex of ₹18,000-20,000 crores for FY '26 and FY '27. The company anticipates stable working capital requirements and aims to maintain an auto fuel margin of around ₹3.5 per litre. However, refining margins and market conditions will remain under scrutiny in the coming periods. 

NESCO declared as the highest bidder for the BengaluruChennai Expressway Corridor by NHAI 

In a significant development, NESCO Ltd has been declared the highest bidder for a prestigious project by National Highways Logistics Management Limited (NHLML), a wholly-owned Special Purpose Vehicle (SPV) of the National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways. 

The project involves the development, operation, and maintenance of wayside amenities along the Bengaluru-Chennai Expressway Corridor (Phase II) in the South Zone. The contract encompasses three sites and will be executed on a lease basis for 30 years, with the first right of refusal for extending the lease by another 30 years. The development phase is expected to be completed within 10 months from the appointed date. 

The total cost for developing the three sites is estimated at approximately ₹75 crore per site. Once operational, the company expects annualized revenue of around ₹350 crore from the fourth year of operations. The annual lease rent for the three sites is ₹16.60 crore, with a fixed annual revision based on increases in the Wholesale Price Index (WPI) and Consumer Price Index (CPI). 

As of September 2024, FIIs has increased their shareholding by 0.07 per cent owning a 3.95 per cent stake in the company. The stock has an ROE of 17 per cent and an ROCE of 22.4 per cent. The stock is up by 38 per cent from its 52-week low of ₹749 per share and gave returns of over 11 per cent in the last 3 months. 

Vakrangee and Bank Of Baroda renew agreement for providing banking services on pan India basis 

Vakrangee and Bank of Baroda have renewed their partnership to expand financial inclusion across India. The renewed Corporate BC agreement will see Vakrangee continue to offer a wide range of banking services through its extensive network of over 14,000 Banking BC points. This collaboration aims to enhance financial accessibility for individuals in even the most remote areas of the country. 

Through this partnership, Vakrangee Kendra outlets will act as crucial touchpoints for various banking services, including account opening, cash transactions, balance inquiries, and enrolment in social security schemes like Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Atal Pension Yojana 1 (APY). This renewed agreement aligns with Vakrangee's Vision 20230 and its strategic focus on expanding its network of Vakrangee Kendras. Currently, Vakrangee boasts a robust presence with over 21,912 outlets spread across India, with a significant concentration (83 per cent) in Tier 4 and 6 locations, ensuring that financial services reach even the most underserved communities. 

The company has a market cap of over ₹3,700 crore and as of September 2024, the Life Insurance Corporation of India (LIC) owns a 5.07 per cent stake in the company. The company is almost debt-free as its current debt is just `9.58 crore which is just 0.25 per cent of its current market cap. The shares of the company have a PE of 572x, an ROE of 4 per cent and an ROCE of 8 per cent. 

Paras Defence and Space Technologies secures license to manufacture MK-46 and MK-48 machine guns 

Paras Defence and Space Technologies Limited (PDST) has achieved a significant milestone with the grant of a license under the Arms Act, 1959. The license, issued by the Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, authorizes the manufacturing of two advanced Light Machine Guns (LMGs) – the MK-46 and MK-48. These modernised weapons come with a proposed annual production capacity of 6,000 units each, reflecting the company’s growing role in the defence manufacturing ecosystem. 

This license enhances India’s push for self-reliance in defence. By manufacturing these advanced LMGs, Paras Defence positions itself to meet the rising domestic demand for modern weaponry, reducing reliance on imports. The approval aligns with the government’s ‘Make in India’ initiative and strengthens PDST’s reputation in the defence sector. 

Paras Defence operates in four key segments: Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse (EMP) Protection Solutions. The company provides ultra-high precision optics, advanced electronic systems, and precision mechanical systems for critical defence and space applications. It also offers turnkey EMP protection solutions, a niche area critical to safeguarding defence systems. 

The company boasts an impressive client base, including government entities such as DRDO, ISRO, HAL, and Bharat Electronics Limited (BEL). In the private sector, it collaborates with Tata Power, L&T, and Solar Industries. Internationally, it supplies products to global defence leaders like Israel Aerospace and Elbit Systems. 

Titagarh Rail Systems delivers driverless made-in-India trainset to Bengaluru metro’s yellow line 

Titagarh Rail Systems Ltd delivered the first driverless, Made-in-India trainset to the Bengaluru Metro Rail Corporation's Yellow Line. This stainless-steel trainset is the first of its kind to operate on this crucial 18-km stretch, connecting the Electronics City tech hub to the rest of the city. This handover underscores Titagarh's position as a leader in manufacturing cutting-edge railway technology and highlights India's growing prominence in the global rail manufacturing sector. The event was celebrated virtually with the presence of Shri. Manohar Lal, the Hon'ble Minister for Housing and Urban Affairs. 

The driverless trainset incorporates advanced automation, marking a significant step forward in Indian rail technology. It is the first Metro train entirely manufactured in India for the Bangalore Metro's Yellow Line and the first stainless steel trainset produced by Titagarh Rail Systems Ltd. This achievement reflects India's progress in indigenization and its growing role as a global rail manufacturing hub, aligning with the Hon'ble Prime Minister's vision of a "Viksit Bharat" (Developed India). These trainsets operate in Driverless (GOA4) mode, enhancing efficiency with advanced automation and offering a seamless and secure passenger experience with modern interiors, reduced power consumption, and enhanced sustainability. 

In September 2024, FIIs & DIIs decreased their stake to 16.32 per cent and 13.94 per cent respectively compared to June 2024. The stock gave multibagger returns of 375 per cent in just 2 years and a whopping 2,170 per cent returns in 5 years. 

JTL Industries records the highest-ever sales volume in the third quarter of FY25 

JTL Industries experienced robust growth in the third quarter of FY25, achieving its highest-ever nine-month sales volume at 2,97,082 MT, a 14.3 per cent year-over-year surge. This growth was driven by a combination of factors, including a 1.5 per cent increase in sales volume excluding the recently acquired Nabha Steels & Metals, which contributed 33,277 MT to year-to-date volumes. Furthermore, value-added products continued to play a significant role, contributing 21 per cent to total Q3FY25 sales volume. In contrast, export volumes reached 25,417 MT, representing 10 per cent of total sales, a notable increase from 5 per cent in the corresponding period of FY24. 

The successful integration of Nabha Steels & Metals has been a key factor in JTL's strong performance. The company's ninemonth export volume for FY25 reached 25,417 MT, representing approximately 10 per cent of total sales, a significant increase from 5 per cent in FY24. This demonstrates JTL's ability to expand its market reach and capitalise on global demand. 

In its annual results, the company reported net sales of ₹2,040.43 crore and a net profit of ₹113.01 crore in FY24. The stock gave multibagger returns of 1,600 per cent in 5 years and a whopping 3,800 per cent in a decade. Investors should keep an eye on this stock. 

Alpex Solar makes cricket legend Rahul Dravid as its first brand ambassador 

Alpex Solar Ltd, a prominent player in the solar energy sector renowned for its high-quality PV modules and comprehensive solar systems, has announced a significant partnership. The company has welcomed Indian cricketing legend Rahul Dravid as its inaugural brand ambassador. A revered figure in Indian and world cricket, Rahul Dravid, a former captain and head coach of the national team, is celebrated for his exceptional adaptability and unwavering resilience throughout his illustrious career. His extensive experience, encompassing 164 Test matches, 344 ODIs, and a solitary T20, along with his remarkable achievement as the head coach of the 2024 ICC Men's T20 World Cup-winning team, solidifies his status as a respected and admired personality. 

Alpex Solar is also actively exploring global opportunities in EPC (Engineering, Procurement, and Construction) and the burgeoning green hydrogen sector. In his role as brand ambassador, Mr Dravid will be instrumental in championing Alpex Solar's initiatives to raise awareness about the importance of renewable energy and encourage a widespread transition to solar power. His significant influence and widespread appeal are expected to significantly enhance the company's reach, enabling Alpex Solar to connect with a diverse audience, encompassing environmentally conscious homeowners, large enterprises seeking to minimize their carbon footprint, and other key stakeholders. This collaboration promises to bolster Alpex Solar's position as a leading force in the renewable energy sector and drive significant progress towards a sustainable future. 

The company has a market cap of over ₹2,000 crore with an ROE of 26 per cent and an ROCE of 27 per cent. The stock gave multibagger returns of 268 per cent from its 52-week low of ₹235 per share.