Stocks/Share Market - Angel One

On November 21, 2024, Mphasis, a leading IT solutions provider focused on cloud and cognitive services, announced it has become the ‘Official Digital Partner’ of the MoneyGram Haas F1 Team. This multi-year partnership aims to use advanced technology to enhance the team’s performance both on and off the track in the competitive world of Formula …

On November 22, 2024, Adani Group shares faced continued selling pressure following bribery charges against Gautam Adani and other executives, filed by the U.S. District Court and SEC. In light of these developments, it becomes essential for mutual fund investors to review their exposure to Adani stocks. Adani Stocks Shuffle Check out which mutual funds …

According to data from the TRAI (Telecom Regulatory Authority of India), in September 2024, private telecom companies Reliance Jio, Bharti Airtel, and Vodafone Idea collectively lost over 1 crore wireless subscribers. In contrast, the state-owned Bharat Sanchar Nigam Ltd (BSNL) surprised the industry by gaining nearly 8.5 lakh mobile subscribers. Subscriber Losses for Private Telcos …

Zinka Logistics Solutions, the parent company of the BlackBuck app, had a subdued listing on the Indian stock exchanges on Friday, November 22. Zinka Logistics share prices debuted at ₹280.90 on the NSE, a 2.89% premium over the issue price of ₹273, while on the BSE, the shares listed at ₹279.05, marking a 2.22% gain. Zinka IPO …

On November 21, 2024, Tata Power, a leading power company in India, signed an MoU with the Asian Development Bank (ADB) during the Climate Conference (COP29) in Baku, Azerbaijan.  The agreement focuses on exploring funding options for Tata Power’s key projects aimed at boosting India’s energy infrastructure and advancing clean and renewable energy. The MoU …

Power Grid share price saw an intraday rise, reaching ₹331.35 as of 10:10 AM, November 22, 2024, on the Bombay Stock Exchange (BSE) after the company successfully acquired Khavda V-A Power Transmission Ltd. The company won the bid for ₹18.95 crore to establish a transmission system for evacuating power from a renewable energy zone in …

On November 22, 2024, SJVN share price rose by up to 5.02%, reaching an intraday high of ₹ 108.70 per share. The surge in the stock price followed the company’s announcement of a significant partnership with the Energy Department of the Government of Rajasthan. Signed MoU for Renewable Energy Development SJVN’s share price rally came after the …

On Thursday, November 21, 2024, Kenyan President William Ruto announced the cancellation of a procurement process that would have handed control of the country’s main airport, Jomo Kenyatta International Airport, to Adani Group. The decision follows the indictment of the company’s founder in the United States. Airport Expansion Deal Under Scrutiny The nearly $2 billion deal, …

Bikaji Foods International Limited, a leading name in the FMCG sector, has announced an additional investment of up to $500,000 (approximately Rs 4.15 crores) in its wholly-owned subsidiary, Bikaji Foods International USA Corp. This move aligns with its long-term strategy to strengthen its distribution network and expand its footprint in the U.S. market, enhancing its …

Adani Green Energy Ltd. announced its decision to cancel a $600-million dollar-denominated bond issuance. This follows bribery allegations filed by US federal prosecutors against key Adani Group executives, including founder Gautam Adani. The company cited these legal developments as the reason for deferring the planned bond offering in a regulatory filing. Allegations & Legal Proceedings …