Stocks/Share Market - Angel One

The National Stock Exchange (NSE) and a leading food delivery platform have teamed up to educate over 50,000 gig workers on essential financial literacy. This partnership aims to empower gig economy workers by covering key topics in personal finance, including budgeting, saving, investing, debt management, and insurance. Financial Literacy Program Highlights The financial literacy program …

Introduction Suzlon Energy, a global leader in renewable energy solutions, has recently faced a significant stock price tumble. On November 13, 2024, its Suzlon Energy share price fell by 8.5%, marking the steepest single-day drop since December 2022. The stock has now nosedived around 38% from its September high of Rs 86.04, officially pushing it …

The flagship cement business of the Aditya Birla Group is UltraTech Cement Limited. UltraTech, a USD 8.4 billion powerhouse in the building solutions industry, is India’s biggest producer of ready-mix concrete (RMC) and grey cement, as well as one of the country’s biggest producers of white cement. Aside from China, it ranks third globally in …

Tata Chemicals Europe Ltd (TCEL), a wholly-owned subsidiary of Tata Chemicals, has announced a major capital investment of £60 million (approximately Rs.655 crore) to establish a state-of-the-art pharmaceutical grade sodium bicarbonate plant in Northwich, UK.  This facility will be a game-changer, tripling TCEL’s current output of sodium bicarbonate used in medicines and hemodialysis.  Construction begins …

Varun Beverages Ltd. (VBL), one of PepsiCo Inc.’s largest global franchisees, has announced major acquisitions to expand its position in Africa. The company has acquired 100% ownership in SBC Tanzania and SBC Beverages Ghana and plans to fully own its subsidiary Lunarmech Technologies Pvt. Ltd. Its product portfolio includes PepsiCo staples like Pepsi, Pepsi Max, …

CuraTeQ Biologics Pvt. Ltd., a wholly-owned subsidiary of Aurobindo Pharma, has received a Good Manufacturing Practice (GMP) certificate of compliance from the European Medicines Agency (EMA). The certification is no small feat, it validates that the facility meets strict European standards for quality, safety, and efficacy. The EMA inspection carried out from April 8 to …

Shree Cement Ltd. has adopted a strategy of prioritising value over volume, focusing on premium products and selective market engagement. In the September quarter of FY25, this approach stabilised realisations at ₹4,447 per tonne, maintaining levels from the previous quarter, while the industry experienced declines. The company increased premium product sales to 15% from 9% …

Globus Spirits faced a challenging July-September quarter (Q2FY25), leading to a sharp drop in its stock price. The company reported an 88% year-on-year decline in standalone net profit, falling to ₹1.5 crore from ₹13 crore in the same quarter last year. Despite this, the revenue from operations grew by 18%, reaching ₹875 crore compared to …

Kalyan Jewellers, a prominent player in the Indian jewellery sector, reported mixed results for the second quarter of the financial year 2024-25 (Q2 FY25). The company saw a notable dip in its net profit, which decreased by 3.3% year-on-year to ₹130 crore.  This decline can be attributed to a one-time loss of ₹69 crore due …

For the second consecutive trading session, Reliance Power shares hit the lower circuit limit of 5%, reaching a day’s low of ₹36.56 on November 13, 2024. This followed a similar decline of about 5% on November 12, 2024, when the stock closed at ₹38.48. The ongoing downturn was primarily driven by regulatory actions from the …