Stocks/Share Market - Angel One

The headquarters of Solar Industries India Ltd. (SIIL), which was founded in 1995, is located in Nagpur, Maharashtra. The business started as an industrial explosives manufacturer and has since expanded to become one of the world’s top producers of explosives, offering a wide range of defence gear, mining services, and industrial explosives. Packaged explosives, bulk …

Wipro Ltd, the IT giant, has recently announced signing an agreement to invest in Ampin Energy C&I One Ltd. This partnership outlines Wipro’s plans to work on sustainability and aligning with global ESG standards. Wipro’s shares are trading at Rs.577.15, up over 1.5% today. Why Ampin? Ampin Energy C&I One specializes in providing renewable energy …

DCX Systems Limited is making headlines again, this time with a massive export order from Lockheed Martin Global Inc., USA. Valued at $54.8 million, or roughly Rs.460.3 crore, the deal involves the supply of electronic assemblies, which the company plans to complete within 12 months. Order Pipeline This isn’t DCX Systems’ first big-ticket deal. Last …

The Indian life insurance sector recorded a strong year-on-year (YoY) growth in new business premiums (NBPs) for October 2024, with premiums increasing by 13.16% compared to the same period last year, according to the Life Insurance Council’s October 2024 business report. On a year-to-date (YTD) basis, the industry delivered an impressive performance, with premium collections …

On November 9, 2024, Data Patterns (India), a defence and aerospace electronics systems provider reported a 10% drop in its net profit and a decline in revenue from operations to ₹91.03 crore against ₹108.31 crore in the same quarter last year. Q2 FY25 Performance Data Patterns’ Operational EBITDA declined to ₹34.3 crore from ₹40.8 crore, …

On November 11, 2024, Alembic Pharmaceuticals Ltd announced that it has received final approval from the US Food and Drug Administration for its Diltiazem Hydrochloride Extended-Release capsules, used for the treatment of hypertension. What USFDA Approval Means for Alembic Pharmaceuticals? This approval marks a significant milestone for the company, as Diltiazem Hydrochloride is commonly used …

Aarti Industries announced its financial results for the quarter and half year ended September 30, 2024.  Q2 FY 2025 Financial Highlights  In Q2 FY 2025, the company reported a gross income of ₹1,786 crore, an increase of 11.8% compared to ₹1,597 crore in Q2 FY 2024, but a decrease of 11.2% from ₹2,012 crore in …

Power Finance Corporation (PFC) announced its unaudited financial results for the quarter and half year ended September 30, 2024.  On November 11, 2024, PFC share price opened at ₹454.25, up from its previous close of ₹449.40. At 11:30 AM, the share price of PFC was trading at ₹487.60, up by 8.50%. The positive movement in …

Shipping Corporation of India (SCI) share price, India’s largest shipping company, soared by over 12% after the company reported a significant rise in profits for the September quarter. Investors also showed interest in SCI Land Assets, SCI’s newly demerged entity focused on real estate, which saw its shares rise by more than 6% on November …

Tata Motors share price rose nearly 3% on Monday morning trades on November 11, 2024, emerging as one of the biggest gainers in the Nifty 50 despite broader market volatility.  Tata Motors Stock Performance Opening slightly lower at ₹801 on the NSE compared to the previous close of ₹800.95, Tata Motors shares dropped to a …