India-Canada to restart trade talks, ICICI Prudential to raise Rs 1,200 cr, & more - Groww Digest
Monday, 24 November 2025
Markets opened above Friday’s closing point and closed in the red.
All sectors’ stocks fell today except for the IT stocks. Realty stocks and metal stocks fell the most.
Global markets: US markets rose. Most Asian markets and most European markets rose (as of 6 pm IST).
News
India and Canada have agreed to begin negotiations for a Comprehensive Economic Partnership Agreement (CEPA): Commerce and Industry Minister
Sudeep Pharma IPO has been subscribed 5.09 times. Retail subscription: 4.97 times. IPO closes tomorrow (25 Nov).
Stocks Updates
CG Power: company subsidiary ‘G.G. Tronics India’ announced major progress in developing the Uniform Braking Algorithm for Indian Railways, moving towards final approvals.
Dr Reddy’s: got European Commission approval for AVT03 used for treating osteoporosis and bone cancer conditions.
Hindustan Aeronautics: clarified that the Tejas jet crash in Dubai involved a customer aircraft and required no disclosure, confirming no undisclosed information or ongoing proceedings.
Shriram Finance: allotted Rs 250 crore worth of non-convertible debentures at a 9.15% interest rate, maturing in 2029.
ICICI Prudential: approved issuing up to Rs 1,200 crore worth of non-convertible debentures (Rs 1,100 crore base + Rs 100 crore green shoe option) with a 10-year tenure via private placement.
Word of the Day
Return on Capital Employed (ROCE)
It is a measure of how efficiently a company uses its capital to generate profits
It looks at profits relative to the money invested in the company, taking into account both debt and equity.
A higher ROCE means the company is making more profit from the money invested.
It is useful to compare performance of companies in the same industry as different industries have different levels of ROCE.
Capital intensive sectors like manufacturing and infrastructure usually have a lower ROCE, while sectors like IT or pharma often show a higher ROCE.
6 Day Course
Theme: company designations
Day 1: Monday
We often hear about different senior executives in companies.
CEO, MD, chief auditor, etc.
In this week’s course, we will understand the different designations that exist in companies — both mandatory and optional ones.
One mandatory designation that is not talked about much is that of the ‘company secretary’ or ‘secretary’.
The secretary is mainly responsible for ensuring the company complies with all relevant laws and regulations.
This includes holding timely board meetings, maintaining company records, handling shareholders communications, dividend distribution, etc.
The role cannot remain empty. If a secretary resigns, the company has to hire another secretary within 6 months.
We explored the question “What if we bought after every stock split?”
Check out the full report here.
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