Stocks/Share Market - Angel One

Introduction: UFO Moviez Announces Strategic Sale UFO Moviez India Limited, a prominent name in digital cinema solutions, has made a significant announcement. The company will sell its 48.11% equity stake and associated share warrants in Mukta V N Films Limited to Maverick Media Private Limited for ₹3.3 crore. The move comes as part of the …

Afcons Infrastructure, part of the Shapoorji Pallonji Group, saw its share price climb by 3.72% to reach an intraday high of Rs 506.80 on the NSE on November 22, 2024. The surge followed the announcement of a Rs 1,274 crore order received from the Uttarakhand Project Development and Construction Corporation Ltd. Project Details: Uttarakhand’s Song …

Praj Industries, a leader in industrial biotechnology, has unveiled its ambitious goal of tripling its annual revenue from Rs 3,400 Cr to Rs 10,000 Cr by 2030. Driving this growth are multiple initiatives in sustainable aviation fuel (SAF), biopolymers, and clean energy transition. These efforts come as part of Praj’s vision to cater to the …

Foreign Portfolio Investors (FPIs) have been on a selling spree since October, causing significant market corrections. The benchmark indices, Nifty 50 and Sensex dropped by over 10%, reflecting the severity of the selloff. October FPI Data: Net sellers in the cash market to the tune of Rs 1,14,445.89 crore—the highest ever in a single month. …

AGS Transact Technologies Limited, a leading player in omni-channel payment solutions, has announced the expansion of its instant National Common Mobility Card (NCMC) solution, branded as ‘Ongo Ride,’ across all 41 Chennai Metro stations. Building on its initial success at 13 metro stations, this move aims to revolutionize commuter convenience with seamless and instant transit …

Shares of Federal Bank Ltd. saw marginal fluctuations in today’s trading session. Opening at Rs 211.75, it is currently trading at Rs 208.76 around 1% down today. Despite the slight decline, the stock remains close to its 52-week high of Rs 212.00, showing good market interest. Trading volume for the day exceeded 2.9 million shares, …

Introduction Zomato, the food delivery major, has seen a lackluster movement in its share price recently. Currently trading at Rs 265.4, the share price is down by 0.55% today but remains a strong performer year-to-date (YTD). Let’s dive deeper into its performance metrics and technical indicators. Recent Performance The share price has experienced a significant …

Kitex Garments Ltd. announced on Friday, November 22, 2024, that its board has approved a 2:1 bonus issue. This means shareholders will receive two bonus shares for every one share held as of the record date, which is yet to be finalized. This is a significant move, as it marks the first bonus issue in …

Shipping Corporation of India (SCI) share price surged by over 5%, reaching an intraday high of ₹219.90 on the Bombay Stock Exchange (BSE). This increase in stock price comes after the central government announced the listing of 3 new shipping-related bills for the upcoming winter session of Parliament, which starts on Monday. Government’s New Bills …

On November 21, 2024, Hyundai Motor India Limited (HMIL) made a major move towards its RE100 goal by setting up two renewable energy plants in Tamil Nadu. HMIL signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy Limited (FPEL) to boost its renewable energy efforts.  The goal is to switch to 100% renewable …