Market Fundamentals லேபிளுடன் இடுகைகளைக் காண்பிக்கிறது. அனைத்து இடுகைகளையும் காண்பி
Market Fundamentals லேபிளுடன் இடுகைகளைக் காண்பிக்கிறது. அனைத்து இடுகைகளையும் காண்பி

Heat Exchangers

Heat Exchangers :

A Heat exchanger is a system that transfers heat between a source and a working fluid. They are used in various applications like refrigeration, air conditioning, power stations, chemical plants, natural-gas processing, data centres etc.

  • Power Generation Plants: Thermal and nuclear power plants heavily depend on heat exchangers to heat water into steam, condense steam back into water, and manage water temperatures throughout the power generation cycle. This is crucial for optimizing energy efficiency.

 
Image of a Heat Exchanger

Heat Exchangers market in India:

Increasing Demand for Energy Efficiency: With growing energy costs and environmental concerns, there's a strong emphasis on energy efficiency across industries in India. This is driving the demand for high-efficiency heat exchangers that can minimize energy consumption and reduce operational costs.

Localization and "Make in India" Initiative: The Indian government's "Make in India" initiative is encouraging domestic manufacturing of various industrial equipment, including heat exchangers. This is leading to increased investment in local production capabilities and a reduction in reliance on imports.

Line Graph for Heat Exchanger Market

India Heat Exchanger Market Revenue Share

Warrants Explained: An Investor's Perspective

What are Share Warrants : 

A Share warrant is a contractual document issued by a company which gives the warrant holder the right or option to purchase or sell the company's share at a predetermined price.

Image representing share warrants
Warrants

Why do Companies issue Warrants ?

  • Raise Capital: Warrants are often the preferred way to raise capital as it doesn't affect the share capital dilution immediately. 
  • Also, it gives an option for future source of funds as warrants can be converted into equities in the future.
  • Attractive financing: Issuing warrants alongside other securities, such as bonds can make those securities more appealing to investors.
Example: Black Box - Allotment of 6,45,179 Equity Shares pursuant to conversion of warrant

How does it benefit Investors:

  • Warrants can offer leverage, allowing investors to get the benefits of significant price increase in the underlying stock with a initial smaller investments.

Risks for Investors:

  • Though Investors get to benefit from the warrants as the share price increase, they equally carry risks for the investor. They can expire worthless if the stock price doesn't rise above the exercised price.
  • Dilution Risk: If the company issues a large number of warrants, it can potentially dilute the value of existing share.