Philip Capital Projects Over 60% Fall in IREDA Share Price, Maintains ‘Sell’ Rating; Here’s Why

Introduction

IREDA's shares have been on a significant rally, but Phillip Capital remains skeptical about the stock's future. Despite recent improvements in asset quality, the brokerage firm has maintained its ‘sell’ rating on the Indian Renewable Energy Development Agency (IREDA), projecting a sharp decline in its share price.

Background on IREDA

Company Overview

The Indian Renewable Energy Development Agency (IREDA) is a prominent government agency focused on promoting renewable energy projects in India. Since its stock market debut, IREDA has seen a remarkable rise in its share price.

Recent Performance

IREDA made its stock market debut towards the end of last year, with its stock rising nearly tenfold within eight months of going public. For the quarter ending June 2024, the company reported a net profit of ₹384 crore, compared to ₹295 crore in the same period last year. Revenue from operations for the quarter was ₹1,502 crore, up from ₹1,144 crore in the corresponding quarter of the previous financial year.

Phillip Capital's Analysis

Stock Rating and Target Price

Domestic brokerage firm Phillip Capital has maintained its ‘sell’ rating on IREDA stock, raising the target price from ₹110 to ₹130. Despite this modest increase, the projected fall still represents a significant drop from current levels.

Reasons Behind the ‘Sell’ Rating

Passive Flows Driving Stock Rally

Phillip Capital noted that the recent stock rally is primarily driven by passive flows rather than fundamental factors. The brokerage firm believes that the best value of the stock has already been captured.

Margin Pressures

Although IREDA is expected to see strong loan growth at a CAGR of 25% over FY24-26 due to the rising demand for renewable energy, Phillip Capital does not anticipate earnings growth to keep pace with loan growth due to pressure on margins.

Exposure to Private Sector

The brokerage firm also pointed out the higher exposure to the private sector and the high proportion of the vulnerable portfolio as factors that do not inspire confidence for low credit costs in the medium term.

Financial Performance of IREDA

Improvement in Asset Quality

IREDA's asset quality showed sequential improvement, with gross NPA reducing to 2.19% from 2.36% in March, and net NPA improving to 0.95% from 0.99% in March. This indicates better management of non-performing assets.

Net Profit and Revenue

For the quarter ending June 2024, the company reported a net profit of ₹384 crore, compared to ₹295 crore in the same period last year. Revenue from operations for the quarter was ₹1,502 crore, up from ₹1,144 crore in the corresponding quarter of the previous financial year.

Future Projections

Loan Growth Projections

Phillip Capital expects IREDA to experience strong loan growth at a CAGR of 25% from the financial years 2024 to 2026, driven by increasing demand for renewable energy in India. Despite this, the brokerage firm anticipates that earnings growth will not keep pace with loan growth due to margin pressures.

Earnings Growth Expectations

“We expect IREDA’s earnings growth of 18%/20% in FY25/26, translating into return on equity of 16%. The stock trades at 7.6x/6.5x FY25/26 ABVPS of ₹35/42. While loan growth is high, return ratios are moderate and there is higher exposure to the private segment – which undermines conviction for continued lower credit cost. We expect ROA to decline to 2.2% /2.1% in FY25/26 from 2.3% in FY24,” said Manish Agarwalla, Research Analyst at Phillip Capital.

Market Reaction and Stock Performance

Recent Stock Performance

Shares of IREDA are trading 3.77 per cent higher at ₹294.99 during this afternoon's trade. The stock is up for the fourth consecutive session today, indicating strong short-term performance despite the brokerage's negative outlook.

Technical Indicators

On the charts, IREDA shares remain in 'overbought' territory, with a Relative Strength Index (RSI) of 83.6, suggesting a potential pullback in the stock.

Conclusion

While IREDA's robust loan growth and improving asset quality paint a positive picture, Phillip Capital's concerns about margin pressures and high exposure to the private sector highlight potential risks. Investors should consider these factors and the brokerage's ‘sell’ rating when making investment decisions.

FAQs

1. Why has Phillip Capital maintained a ‘sell’ rating on IREDA? Phillip Capital cites margin pressures, high exposure to the private sector, and the recent stock rally driven by passive flows rather than fundamental factors as reasons for maintaining a ‘sell’ rating.
2. What is the new target price set by Phillip Capital for IREDA? The new target price set by Phillip Capital is ₹130, up from ₹110.
3. How has IREDA's asset quality improved recently? IREDA's gross NPA reduced to 2.19% from 2.36% in March, and net NPA improved to 0.95% from 0.99% in March.
4. What are Phillip Capital's earnings growth expectations for IREDA? Phillip Capital expects IREDA’s earnings growth of 18%/20% in FY25/26, translating into a return on equity of 16%.
5. What is the recent performance of IREDA's stock? Shares of IREDA are trading 3.77 per cent higher at ₹294.99, up for the fourth consecutive session today.

 

Securing the Future: India's Strategic Move into the Lithium Arena

Introduction

In the evolving landscape of global economic competition, a new battleground has emerged, centered around a precious metal known as "white gold" – lithium. Countries worldwide are engaging in a race to secure lithium reserves, a key component in batteries powering our digital age. India, cognizant of the critical role lithium plays, is making strategic moves to safeguard its economic interests.

India's Lithium Acquisition Plans

1. Focus on Argentina: India is currently in the final stages of negotiations to acquire five lithium mines in Argentina, marking a significant step in securing a steady supply of this crucial resource.
2. Investment Proposition: The proposed deal involves a substantial investment of 200 crore rupees (over 2 million USD) over five years, dedicated to the exploration and development of these lithium mines.

The Lithium Triangle: Bolivia, Chile, and Argentina

3. Strategic Grouping: Bolivia, Chile, and Argentina, collectively known as the lithium triangle, hold two-thirds of the world's known lithium reserves, forming a potential powerhouse in the future.
4. Chile's Dominance: With Chile leading the pack in lithium production, India's strategic moves are aimed at securing favorable deals within this influential lithium triangle.

Diversification Efforts: Australia and Beyond

5. Pact with Australia: Recognizing the need for diversification, India signed a pact with Australia in 2022, gaining access to lithium and cobalt blocks. Australia is a major global producer of lithium.
6. Reducing Dependency on China: India's over 50% dependence on Chinese lithium imports poses a vulnerability, especially in the current geopolitical context. Seeking diverse sources becomes imperative for economic security.

The Significance of Lithium

7. Lithium as the New Oil: The importance of lithium in modern technology cannot be overstated. It powers an array of devices, from smartphones to electric cars, making it a key pillar of the digital age.
8. Economic Security Concerns: India's heavy reliance on Chinese lithium imports poses risks to economic security, considering the strained relations between the two countries.

India's Domestic Reserves: Potential and Challenges

9. Reserves in Jammu and Kashmir: India does possess lithium reserves, notably in Jammu and Kashmir, but tapping into these potential reserves requires overcoming technological challenges.
10. Immediate Need for Diverse Imports: While India explores its domestic potential, immediate dependence on diverse international sources becomes paramount for economic resilience.

Conclusion

As India strategically maneuvers to secure lithium reserves from Argentina and diversify sources from Australia, the nation recognizes the critical importance of this "white gold" in powering the digital era. In a world where economic security is intrinsically linked to the availability of key resources, India's proactive steps ensure a more resilient and self-reliant future.

Custom Message:
How do you envision the role of lithium in shaping our future? Share your thoughts and perspectives in the comments below. Let's delve into the intricacies of this vital resource together!

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Frequently Asked Questions:

1. What is the current status of India's negotiations to acquire lithium mines in Argentina?
2. Why is the lithium triangle (Bolivia, Chile, and Argentina) considered a potential powerhouse in the future?
3. How does Chile's lithium production dominance impact India's strategic moves in the lithium arena?
4. Why is India diversifying its lithium sources and reducing dependence on Chinese imports?
5. What challenges and opportunities are associated with India's domestic lithium reserves, particularly in Jammu and Kashmir?

Life Lessons from the Rising India: Embracing the 4 S's

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Table of Contents

1. Introduction
2. The Essence of Practice: Ten Thousand Times Over
3. The Art of Saving: Smart and Sparing
4. Smart Spending: Beyond Materialism
5. Service: The Soul of a Rising Nation
6. Conclusion

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Introduction 

Greetings, dear readers! Today, let's embark on a journey through the core values that define the rising spirit of India. In a world buzzing with fast-paced developments, India has stood out, not just for its economic prowess but for the profound principles that shape its ascent. Join me as we explore the 4 S's that capture the essence of this rising nation: Securing, Saving, Spending, and Service.

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The Essence of Practice: Ten Thousand Times Over

“I do not fear the man who knows 10,000 kicks; I fear the man who knows one kick but has practiced it ten thousand times.” - Bruce Lee

The heart of India's rise lies in relentless practice. Whether in business, sports, or personal growth, the commitment to mastering a craft defines our journey. From the stalwarts in multinational corporations to the champions in sports and entertainment, the spirit of tenacity unites us. The rising India is built on the foundation of unwavering dedication.

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The Art of Saving: Smart and Sparing

Indians have mastered the art of saving, not just in finances but in every aspect of life. From reusing a shampoo bottle till the last drop to cherishing the last sliver of soap, our culture values thriftiness. It's more than a habit; it's a mindset. Just as we save the last drop, we value relationships, family, and our real heroes—our defense forces and their families, who sacrifice for our safety.

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Smart Spending: Beyond Materialism 

In a world where people often prioritize materialism, India stands as a testament to mindful spending. We must not only secure and save but also spend wisely, fostering economic growth within our borders. Imagine the impact if the money spent globally on products and services made in India circled back to fuel our economy. India's rise is not just about personal wealth but collective prosperity.

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Service: The Soul of a Rising Nation 

“Life is like an ice cream; enjoy it before it melts.” - Sanskrit Proverb

In a country where words like "candle" and "ice cream" sound soft even when strong, service is our unspoken anthem. Beyond personal enjoyment, we believe in illuminating the lives of others. The rising India is not just about self-betterment but about contributing to the greater good. In serving others, we find the true essence of our nation's rise.

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Conclusion 

As we conclude this exploration of the 4 S's—Securing, Saving, Spending, and Service—we recognize that India's rise is a symphony of individual efforts, shared values, and a commitment to excellence. The rising India is not just a destination; it's a journey we navigate together, embracing principles that define our nation's spirit. Let us continue securing, saving, spending wisely, and serving selflessly, for in these actions lies the heart of a truly rising India.

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Thank you for joining me on this reflective journey through the core principles of India's rise. May we all be inspired by the real heroes around us, contributing to the tapestry of a rising nation.

The Trial of Jimmy Lai: A Battle for Media Freedom in Hong Kong

 

1. Introduction

In a significant development, the high-profile trial of Jimmy Lai, the former media tycoon and pro-democracy campaigner, has commenced in Hong Kong. The 76-year-old, arrested in 2020, faces charges of undermining the territory's National Security through articles published in his Apple Daily newspaper and on social media. The trial has garnered international attention, with the United States and Britain condemning it and urging Hong Kong authorities to release Lai.

2. Background: Jimmy Lai's Activism

Explore Jimmy Lai's background as a powerful media boss in Hong Kong, known for using his Apple Daily Newspaper to criticize China's Communist Party. His involvement in pro-democracy demonstrations led to his arrest three years ago, under tough National Security laws imposed by Beijing.

3. Solitary Confinement and Legal Framework

Understand the circumstances surrounding Lai's three years in solitary confinement, a consequence of his writing being deemed illegal under new legislation. Delve into the legal framework, including charges of sedition and collusion with foreign governments, all of which Lai denies.

4. International Response

Examine the reactions from the United States and Britain, condemning the trial as politically motivated. Learn about the diplomatic efforts, including a meeting between Lord Cameron and Lai's son, urging Hong Kong authorities to end the prosecution and release Jimmy Lai.

5. Concerns for a Fair Trial

Discuss the concerns raised by Jimmy Lai's supporters regarding the fairness of the trial. If convicted, Lai could face life in prison, making these proceedings a fresh challenge to media freedom in Hong Kong and influencing its reputation for global investors.

6. Media Freedom in Hong Kong

Explore the broader implications of the trial on media freedom in Hong Kong. Assess how the outcome may shape the region's reputation and impact global investors, considering the backdrop of China's increasing influence.

7. Jimmy Lai's British Citizenship

Highlight the fact that Jimmy Lai is also a British citizen, adding an international dimension to the trial. Understand how this aspect has contributed to diplomatic tensions and calls for his release from British authorities.

8. Court Proceedings and Security Measures

Provide insights into the court proceedings, with details on the security measures observed around the court during the trial's commencement. Discuss the unique circumstances of the trial, including the absence of a jury under the National Security Law.

9. Jimmy Lai's Demeanor

Offer a glimpse into Jimmy Lai's demeanor during the trial. While in solitary confinement for three years, explore reports on his interactions and any visible emotional expressions, reflecting on the toll this legal battle has taken on him.

10. Duration of the Trial

Understand the expected timeline of the trial. The court has indicated an estimated duration of 80 working days, potentially stretching into March 2024. Explore the challenges and implications of such an extended legal process.

11. Media Coverage and Public Reaction

Discuss the media coverage of the trial and the public reaction. Explore the sentiments of those queuing outside the court, eager to witness the proceedings firsthand, and analyze the impact of public opinion on the trial.

12. Conclusion

As the trial unfolds, it becomes a symbol of the struggle for democratic values and media freedom in Hong Kong. The international community watches closely, awaiting the outcome that may have far-reaching implications.

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Custom Message: Thank you for staying informed about the trial of Jimmy Lai. As this legal battle unfolds, the world witnesses the delicate balance between political ideologies and media freedom. Stay tuned for further updates.

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FAQs:

1. What charges does Jimmy Lai face, and why is his trial significant?
2. How has the international community responded to the trial?
3. What role does Jimmy Lai's British citizenship play in the diplomatic tensions?
4. Are there concerns about the fairness of the trial, and why?
5. How might the outcome of this trial impact media freedom in Hong Kong and global investor confidence?

टीजीटी (TGT) क्या होता है ?

 TGT का मतलब होता है "त्रितीयक शिक्षक" (Trained Graduate Teacher)। यह एक शिक्षा संस्थान या स्कूल में काम करने वाले एक शिक्षक का पद है जो त्रितीयक (Class 9 से Class 12 तक) कक्षाओं में शिक्षा प्रदान करता है। TGT विभिन्न विषयों में पढ़ाई करवाते हैं और उनकी शिक्षा एक स्तर पर विशेषज्ञता प्रदान करती है।

TGT के पद का चयन शिक्षा विभाग या स्कूल के निर्देशक द्वारा किया जा सकता है और इसमें उम्मीदवार की योग्यता, शिक्षा, और अन्य पात्रता मापदंडों का मूल्यांकन होता है। TGT शिक्षा क्षेत्र में अध्यापन और छात्रों को नैतिक मूल्यों, सामाजिक दृष्टिकोण, और विषय-विशेष ज्ञान के साथ समृद्धि प्रदान करने का कार्य करते हैं।

TGT की कुछ मुख्य विषय क्षेत्रों में शिक्षा प्रदान की जाती है जैसे कि गणित, विज्ञान, सामाजिक विज्ञान, साहित्य, भूगोल, इतिहास, और अन्य। TGT विशेष विषय में विशेषज्ञ होते हैं और उन्हें विद्यालय के उच्चतम कक्षाओं में पढ़ाई करवाने का जिम्मेदारी होता है।

TGT शिक्षा विभाग या स्कूलों में नौकरी प्राप्त करने के लिए विशेष योग्यता, उच्च शिक्षा, शिक्षा डिग्री, और शिक्षा में प्रशिक्षण की आवश्यकता होती है। यह एक महत्वपूर्ण भूमिका है जो विद्यालयों में शिक्षा क्षेत्र में योग्यता और विषय-विशेष ज्ञान प्रदान करने में मदद करती है।

Stanley IceFlow Stainless Steel Tumbler with Straw, Vacuum Insulated Water Bottle for Home, Office or Car, Reusable Cup with Straw Leakproof Flip

 

Table of Contents:

• Meet the Stanley IceFlow Stainless Steel Tumbler
• Sip in Style Anywhere with Vacuum Insulation
• Who Will Love the Stanley IceFlow Tumbler?
• Key Features and Benefits
• Comparing with Other Tumblers
• Why Choose the Stanley IceFlow Tumbler?
• Unique Selling Proposition (USP)
• Elevate Your Hydration Game with Stanley
• Call to Action: Stay Cool with the Stanley IceFlow Tumbler

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Meet the Stanley IceFlow Stainless Steel Tumbler

Introducing the Stanley IceFlow Stainless Steel Tumbler, your reliable companion for staying refreshed on the go. Crafted with precision and innovation, this vacuum-insulated tumbler brings together style and functionality for your daily hydration needs.

Sip in Style Anywhere with Vacuum Insulation

Tired of drinks losing their chill or heat? The Stanley IceFlow Tumbler is designed with vacuum insulation technology, ensuring your beverages stay at the perfect temperature, whether you're at home, in the office, or on the road. The addition of a reusable straw and a leakproof flip lid makes sipping convenient and mess-free.

Who Will Love the Stanley IceFlow Tumbler?

This versatile tumbler is perfect for individuals who value both style and functionality in their drinkware. Whether you're a professional working long hours, a student on the go, or someone who appreciates a refreshing drink during outdoor activities, the Stanley IceFlow Tumbler is tailored to your lifestyle.

Key Features and Benefits

• Vacuum Insulation: Experience superior temperature retention, keeping your beverages cold for hours.

• Stainless Steel Construction: Built to last, the tumbler's stainless steel body is rugged and durable.

• Leakproof Flip Lid: The lid features a secure flip design, preventing spills and leaks during your commute.

• Reusable Straw: Enjoy the convenience of a reusable straw for easy sipping while on the move.

• Versatile Use: Suitable for water, iced tea, coffee, or any beverage you prefer, enhancing your daily hydration routine.

Comparing with Other Tumblers

While there are numerous tumblers on the market, the Stanley IceFlow Tumbler stands out for its combination of vacuum insulation, leakproof design, and durable stainless steel construction. Some tumblers may compromise on features, but Stanley ensures a comprehensive solution for your hydration needs.

Why Choose the Stanley IceFlow Tumbler?

1. Temperature Control: Enjoy your drinks at the perfect temperature, thanks to advanced vacuum insulation.

2. Durable Build: The stainless steel construction ensures longevity and resistance to the rigors of daily use.

3. Leakproof Design: The flip lid prevents spills, making it ideal for both your commute and outdoor adventures.

4. Reusable Straw: Stay eco-friendly with the convenience of a reusable straw for on-the-go sipping.

Unique Selling Proposition (USP)

The Stanley IceFlow Tumbler's unique selling proposition lies in its combination of superior temperature control, durable construction, leakproof design, and the added convenience of a reusable straw. This makes it the top choice for those seeking a reliable and stylish tumbler.

Elevate Your Hydration Game with Stanley

Imagine having a tumbler that not only keeps your beverages at the perfect temperature but also adds a touch of style to your daily routine. The Stanley IceFlow Tumbler isn't just a vessel for drinks; it's an accessory that elevates your hydration game, wherever your day takes you.

Call to Action: Stay Cool with the Stanley IceFlow Tumbler

Ready to upgrade your hydration experience? Stay cool and refreshed with the Stanley IceFlow Stainless Steel Tumbler. Order now and enjoy the perfect blend of style and functionality in your daily sipping moments, whether you're at home, in the office, or on the move.

What is the dollar of the 4 pillars of education?

 The dollar of the 4 pillars of education is the idea that all four pillars are equally important and that they should be given equal attention in educational systems. The four pillars are:

• Learning to know - acquiring knowledge and skills
• Learning to do - applying knowledge and skills to solve problems and complete tasks
• Learning to live together - developing the skills and attitudes necessary to live and work harmoniously with others
• Learning to be - developing one's personality, talents, and abilities

Here is a metaphor to illustrate the dollar of the 4 pillars of education:

Imagine that education is a four-legged table. Each leg represents one of the four pillars. If any one leg is shorter than the others, the table will be wobbly and unstable. In the same way, if any one of the four pillars of education is neglected, the student's education will be incomplete and unbalanced.

The dollar of the 4 pillars of education is a reminder to educators and policymakers that all four pillars are essential for a successful education. By giving equal attention to all four pillars, we can create a more well-rounded and equitable education for all students.

The dollar of the 4 pillars of education is important because it emphasizes the need for a well-rounded education that prepares students for success in all areas of their lives. Not only should students learn knowledge and skills, but they should also learn how to apply them in the real world, how to live and work with others, and how to develop their full potential as individuals.

15 ऑगस्ट 1947 निबंध मराठी

 

15 ऑगस्ट निबंध

15 ऑगस्ट स्वातंत्र्य दिन

15 ऑगस्ट भाषण मराठी pdf

15 ऑगस्ट भाषण मराठी 2023

स्वातंत्र्य दिन निबंध

15 ऑगस्ट 1947 आली भारताला स्वातंत्र्य मिळाल्यापासून आतापर्यंत क्रमवारीनुसार

15 ऑगस्ट माहिती

8 Hindu Girl Names Starting With 'F' with meaning

 

Falguni	The day of the full Moon in the Hindu month of Phaalgun which falls between February and March; Born in Falgun	7
Freny	Foreigner	5
Firaki	Fragrance	9
Forum	Fragrance	1
Freyal	Goddess of beauty	4
Freya	loved.aspx'>Beloved; Goddess of love; Noble; Lady	1
Feral	Wild; Untamable	6

24 Hindu Girl Names Starting With 'E' with meaning

 

Name Meaning Numerology Eashta Beloved; Another name of Lord Vishnu, Goddess Lakshmi and a name given to Karmic Yoga 9 Edha Sacred; Wealth; Strength; Happiness 9 Eesha Desire; Attractive 2 Eeshani Consort of Lord Shiva, Close to God; Name of Goddess Durga, Goddess Parvati; Ruling; Owning 7 Eeshika An arrow; Dart; One who achieves; Paint brush; Daughter of God 4 Eeshta Beloved; Another name of Lord Vishnu, Goddess Lakshmi and a name given to Karmic Yoga 22 Eisha Desire; Attractive 6 Ekani One 22 Ekanshi Part of body 4 Ekta Unity; Harmony 1 Elisha Abbreviation of Elisabeth 9 Eniya Well born; Noble 9 Erum Daughter-in-law of Aditi 3 Esha Desire; Attractive 6 Eshal Flower of Jannat paradise 9 Eshana Want; Wish; Desire; Aim; Impulse 3 Eshani Consort of Lord Shiva, Close to God; Name of Goddess Durga, Goddess Parvati 11 Eshanka Goddess Parvati, Parvati - Consort of Shiva 5 Eshanya East; Northeast 1 Eshika An arrow; Dart; One who achieves; Paintbrush; Daughter of God 8 Eshita One who desires; Desired; One who seeks; Desirous 8 Esita One who desires; Desired; One who seeks; Desirous 9 Eswari Goddess 3 Evanshi Similarity 6

63 Hindu Girl Names Starting With 'D'

 

Name	Meaning	Numerology
Dakshina	A donation to God or priest; Competent; Talented; With a southern orientation	4
Durva	A medicinal herb; Sacred grass	3
Dip	A lamp; Brilliance; Beautiful; Light	2
Dhrumi	A tree	1
Devaarti	Aarti of God	8
Dishti	Always happy; Command; Direction; Destiny; An auspicious event; Happiness	6
Dityaa	Answer of prayers; Another name for Lakshmi	6
Dwija	As a Goddess Lakshmi	2
Devina	Blessing; Eye of God; Resembling a Goddess; Blessing	1
Darshi	Blessings; Lord Krishna; Moonlight	5
Divija	Born in heaven; Divine	1
Deveshi	Chief among the Goddess, Goddess Durga	9
Devishi	Chief among the Goddess, Goddess Durga	4
Deepali	Collection of lamps; Row of lamps	7
Driti	Courage; Morale; Steadiness; Command; Pleasure; Determination; Patience; Virtue	6
Drisna	Daughter of the Sun	11
Dhriya	Destroyer of poverty; Patience	11
Dimpi	Determined and stubborn	6
Dimpil	Dimples	9
Deesha	Direction	6
Disha	Direction	5
Dishi	Direction	4
Dwisha	Direction	1
Ditvi	Divine good	1
Divya	Divine luster; Charming; Beautiful; Divine	7
Divita	Divine power	11
Devanshi	Divine; Part of God	1
Dwiti	Dual; Second	11
Dhatri	Earth	6
Daxita	Expert	5
Dristi	Eyesight	7
Dhruvi	Firm	1
Dhruvika	Firmly fixed	4
Deepshika	Flame; Lamp	6
Deepshikha	Flame; Lamp	5
Dishita	Focused; Once who knows the direction	7
Diva	Gift of God; Powerful women; Through heaven; Daytime	9
Deepta	Goddess Lakshmi; Name of several plants with bright red flowers; Shining	6
Diti	Idea; Splendor; Radiance; Brilliance; Beauty	6
Diya	Lamp	3
Dipal	Light; Charm full girl	6
Dhruti	Motion	8
Dhrisha	Mountain Lord	4
Dhvani	Noise; Sound	4
Dheeravi	One who is courageous	9
Daivi	Pious soule	9
Dishani	Queen of all four directions - East, West, North, South	1
Dhara	Rain; Constant flow; One who holds; One who sustains; The Earth; Gold	5
Dhansika	Rich	4
Divashini	Shine among all	5
Devani	Shining; Goddess	1
Drishy	Sight	11
Drishya	Sight	3
Dakshata	Skill	2
Dakshita	Skill	1
Deenal	Sweet girl;	5
Dinal	Sweet girl;	22
Darshini	The one who blessed; Beautiful; Another name for Goddess Durga	1
Dhruva	The polar star; Constant; Faithful; Firm	11
Dhun	Tune	2
Dhwani	Voice; Sound	5
Dhanvi	Wealthy	4
Dishari	Who shows way	5