Stocks/Share Market - Angel One

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 …

GAIL (India) Limited and AM Green BV (AMG) have come together to give India’s green energy transition a big boost. Signing a Memorandum of Understanding (MoU), they’re on a mission to make sustainable energy solutions a reality, focusing especially on CO2 supply and hybrid renewable energy. Let’s dive into what this partnership is all about! …

Ceigall India Limited, a major small-cap infrastructure company, has received a boost with the confirmation of its bid for the development of the Kanpur Central Bus Terminal. Awarded by the Uttar Pradesh State Road Transport Corporation (UPSRTC), this project will be executed on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, essentially, Ceigall will …

Since its establishment, IndusInd Bank has grown to become one of the leading private sector banks in India, offering its customers a wide range of banking and financial services. The bank’s wide nationwide network of branches and ATMs makes it simple for customers to access its services. IndusInd Bank is well known for its innovative …

Titan has come a long way since 1984, when we started with one product category. Today, with over 8,000 employees and about 38,000 in the overall Titan ecosystem, 16 brands, and over 2,000 retail stores, we are as committed as ever to delivering profitable and responsible growth for all our stakeholders. Titan is India’s leading …

On October 6, 2024, Varun Beverages Limited announced in a stock exchange filing that its Board of Directors will convene on Wednesday, October 9, 2024. The primary agenda items include raising funds through the issuance of Equity Shares via Qualified Institutions Placement (QIP) and the issuance of a notice for a postal ballot to seek …

Eraaya Lifespaces Limited recently announced that its Indian flagship subsidiary, Ebix Cash Limited, has secured a major contract for Network Integrating Services with Punjab National Bank (PNB), one of India’s leading public sector banks.  Valued at approximately ₹138.75 crore, this contract extends for another 3 years, further establishing Ebix Cash’s capabilities and dominance in the …

Promoters Increase Stake BigBloc Construction Ltd, one of India’s largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels, saw its promoter group acquire 1.34 lakh equity shares from the open market. As of September 30, 2024, the promoter group now holds a 72.51% stake in the company, totaling 10.26 crore equity shares. On …

LIC Increases Stake in Bank of Maharashtra Life Insurance Corporation of India (LIC) has recently increased its stake in Bank of Maharashtra through a qualified institutional placement (QIP). LIC’s shareholding has gone up from 4.05% to 7.10% following this allotment, underscoring the significant confidence that a major institutional player has in the bank’s growth potential. …