Stocks/Share Market - Angel One

RBM Infracon Secures Green Hydrogen MoU with Greenzo Energy RBM Infracon Limited has signed a significant Memorandum of Understanding (MoU) with Greenzo Energy India Limited to develop and implement green hydrogen generation facilities with a total capacity of 15 MW. The project will be established in two phases across two locations in Gujarat—Jamnagar and Kutch—with …

VIP Industries, a leading Asian manufacturer and retailer of luggage, backpacks, and handbags, has entered into a partnership with Unicommerce to streamline its post-purchase e-commerce operations. VIP Industries aims to accelerate order processing, enhance warehouse efficiency, and improve customer satisfaction by leveraging Unicommerce’s Multichannel Order Management and Warehouse Management Systems. The partnership will enable VIP …

Ashok Leyland, a leading Indian company under the Hinduja Group, has entered into a broad partnership with Japan’s Nidec Motor Corporation, a global electric motor manufacturer and subsidiary of Nidec Corporation. This collaboration aims to create innovative electric drive motors and systems tailored to India’s commercial vehicle sector, advancing electric mobility solutions in the country. …

Mahindra & Mahindra received 1.76 lakh bookings for the new model in just 60 minutes, marking the highest first-day bookings for any of its vehicles.  The Thar ROXX is a 5-door SUV available in both petrol and diesel variants, with prices starting at ₹12.99 lakh. It offers manual and automatic transmission options, and deliveries are …

India is the world’s second-largest cement producer, contributing over 8% of global capacity. The country’s cement industry has significant growth potential, especially with the ongoing infrastructure and construction development. Increased rural housing demand has driven steady cement consumption in India, as it’s one of the most affordable building materials per kilogram. Key government initiatives, such …

Cyient DLM, a leading player in the Electronic Manufacturing Services (EMS) industry, has announced the acquisition of Altek Electronics, a well-established EMS company based in the United States. This acquisition marks a crucial milestone in Cyient DLM’s strategic growth plan, enhancing its market position in North America and bolstering its capabilities across the Medical & …

The rising conflict in the Middle East is having a significant impact on the Indian stock market. The conflict has led to rising oil prices, which is a major concern for India as it is a major importer of crude oil. This has put pressure on the Indian rupee, which has depreciated against the US …

On October 04, 2024, HDFC Bank released its business update for Q2 FY25, which turned investor eyes on HDFC Bank shares. As of September 30, 2024, the Bank’s advances under management totalled ₹26,335 billion, marking an 8.0% increase from ₹24,374 billion a year earlier and a 2.3% rise from ₹25,750 billion as of June 30, …

The shares of Vedanta Ltd. are in focus on October 4 after the company released its business updates for Q2 and Half year ended September 30, 2024 (1HFY25). During the period, Vedanta recorded its highest-ever aluminium production. It posted a growth of 21% on a YoY basis in alumina production to 1,039 kt, and aluminium …

On October 3, 2024, the Indian stock market experienced a significant downturn, impacting the top stocks in the Nifty 50 index. The Nifty 50 index itself closed at 25,250.10, down 546.80 points or 2.12%. On October 4, 2024, Nifty 50 opened at 25,181.90, and as of 10:26 AM, it was trading in red at 25,203.35, …