Stocks/Share Market - Angel One

On November 18, 2024, Bajaj Finance Ltd, a subsidiary of Bajaj Finserv, Reported a fixed deposit book size of ₹66,131 crore, reflecting a 21% growth from the previous period. Bajaj Finserv FD Growth and Diverse Investors Bajaj Finance has observed strong growth in deposits in Punjab and Haryana, with senior citizens making up almost two-thirds …

Unicommerce, a leading e-commerce enablement SaaS platform in India, is strengthening the operations of SUGAR Cosmetics, a premium beauty and personal care brand. By integrating its comprehensive technology stack, Unicommerce is enhancing both the e-commerce and retail operations of the brand, ensuring a seamless experience for customers across digital and physical touchpoints. Long-standing Partnership For …

Shares of India’s state-run companies are seeing a significant surge on Tuesday, November 19, following changes to their capital restructuring guidelines. This marks the first update to these norms in 8 years. Strong Gains on Nifty PSE Index The Nifty PSE index, which tracks 20 state-run companies, is currently up by more than 2%. All …

Hero MotoCorp and Bajaj Auto, two of India’s leading automobile manufacturers, recently announced their Q2FY25 results. Both companies have showcased notable revenue growth, but their profit margins and market strategies reveal contrasting trajectories. This comparison explores their financial performance, sales patterns, and future outlook, providing a comprehensive view of how these industry leaders stack up …

On November 19, 2024, Coforge share price opened at ₹8,000.00 and reached a day high of ₹8236.95 and a low of ₹7,999.75 during the trading session. With a trading volume of approximately 2.40 lakh shares, the stock continues to attract strong investor attention. Recent Developments for Coforge Strong Q2 Performance Coforge reported robust quarterly results, …

Suzlon Energy share price surged by 5% to hit the upper circuit limit of ₹62.37 in early trading on November 19. This marks the third consecutive day of gains for the company, following a positive rating upgrade by Morgan Stanley. The brokerage upgraded the stock to an ‘overweight’ rating from ‘equal-weight,’ fueling investor optimism. Despite the …

On November 19, 2024, Federal Bank share price traded 4.51% higher at ₹209.29 at 12:40 PM on NSE. The stock added to yesterday’s gain of around 0.5%. Federal Bank’s share price has declined by 3.15% over the past five days. Federal Bank Raises ₹1,500 Crore via Bonds Federal Bank successfully raised ₹1,500 crore last week …

ITI Limited, a telecom manufacturing leader, has secured a contract worth approximately ₹95 Crores from the Directorate of Geology & Mining, Government of Uttarakhand. The contract is for the implementation of a Mining Digital Transformation & Surveillance System (MDTSS) aimed at combating illegal mining and mineral transportation while enhancing revenue generation for the state. Project …

Easy Trip Planners Ltd. has announced that Thursday, November 28, 2024, will be the record date for determining which shareholders are eligible for the company’s 1:1 bonus share issue. The announcement comes after shareholders approved the issuance of bonus shares. Details of the Bonus Share Issue The company had previously communicated about the board’s recommendation …

State Bank of India (SBI) raised $500 million by issuing 5-year bonds to international investors via its London branch.  The bonds were priced at 82 basis points (bps) above the US Treasury yield, significantly improving from the initial guidance of 115 bps. This pricing marks one of the tightest spreads achieved by an Indian financial …