Stocks/Share Market - Angel One

With over 80,000 commercial products, India’s chemical industry is highly diverse. It can be categorised into bulk chemicals, speciality chemicals, agrochemicals, petrochemicals, polymers, and fertilizers. As the 6th largest chemical producer globally and the 3rd largest in Asia, it contributes 7% to India’s GDP. Currently valued at ~US$ 220 billion, the Indian chemical sector is …

Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increasing efficiency and costs. The government’s focus on building the infrastructure of the future has been evident given the slew of …

Gold has long been valued in India as a sign of wealth and financial stability. Traditionally, people invested in gold mainly through physical items like jewellery. However, with the introduction of modern financial products, investors can now also buy gold stocks, allowing them to take advantage of the gold market’s performance. However, It’s important to …

Shares of midcap company Suzlon Energy fell 5% to ₹70.98 during intra-day trading on October 7, 2024, marking its 8th straight day of losses. Since September 25, the renewable energy stock has dropped over 15%. This sharp decline followed a warning letter issued by both the BSE and NSE earlier this month. The exchanges raised …

On October 7, 2024, Hitachi Energy Ltd announced a two-day experiential technology symposium, Energy & Digital World 75 (EDW75), aimed at commemorating the company’s achievements and its commitment to advancing India’s Net-Zero journey. The event will be inaugurated by prominent figures, including Amitabh Kant, India’s G20 Sherpa, Andreas Schierenbeck, Global CEO of Hitachi Energy, and …

The state-owned REC has disbursed loans worth ₹90,955 crore during April-September of FY25, which represents a substantial increase of 20.10% compared to the same period last year. Notably, ₹11,297 crore of this total was allocated to green loans, marking a remarkable 92.68% surge year-on-year. In the September quarter of FY25, REC’s loan disbursements reached ₹47,303 …

On October 7, 2024, Wockhardt announced a significant advancement in its antibiotic development, focusing on new treatments for challenging drug-resistant bacterial infections that contribute to antimicrobial resistance (AMR) and its associated health issues. Recently, WCK 6777 (Ertapenem/Zidebactam), a unique once-daily, β-lactam enhancer-based antibiotic for multidrug-resistant (MDR) infections, completed a Phase I study conducted by the …

On October 4, 2024, Senco Gold informed the exchanges that the Board of Directors convened a meeting to discuss significant corporate decisions impacting the company’s growth trajectory. Among the key resolutions approved during the meeting were the following: Fundraising through Equity Shares: The Board approved raising funds by issuing Equity Shares and/or securities convertible into …

On October 7, 2024, Edelweiss Financial Services Limited announced the launch of its public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each. The company aims to raise up to ₹1,000 million through the Base Issue Size, with a green shoe option allowing for an additional ₹1,000 million, cumulatively totalling …

Ola Electric Mobility Ltd, the Indian electric vehicle (EV) startup, has faced a significant downturn in its stock value. Shares of the company fell by ~8% on Monday, October 07, 2024, marking the 3rd consecutive day of losses. This decline comes amidst growing concerns about the company’s market share and customer service issues. Since its …