Stocks/Share Market - Angel One

On October 30, 2024, Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its financial results for the quarter and half-year ended 30 September 2024. During the period, AEL witnessed significant growth across various financial metrics, demonstrating the company’s robust operational performance. Consolidated Financial Highlights for H1 FY25 During 1HFY25, AEL reported …

SBI Cards and Payment Services Limited reported its financial results for the quarter ended September 30, 2024.  Financial and Operational Highlights The total revenue increased by 8% year-on-year, reaching ₹4,556 crore in Q2 FY25 compared to ₹4,221 crore in Q2 FY24. However, profit after tax (PAT) declined to ₹404 crore from ₹603 crore in the …

November 2024 is set to bring several new fund offerings (NFOs) to India’s mutual fund landscape, providing fresh investment opportunities across a wide range of asset classes. These NFOs include sector-specific funds, thematic funds, index funds, and multi-cap funds, giving investors diverse options to consider based on their risk tolerance and financial goals.  In this …

On October 29, 2024, Indian stock market indices, the BSE Sensex rose by 0.45% to close at 80,369.03. The Nifty50 on the other hand, closed at 24,466.85 up by 0.52%. Out of the 50 stocks in the Nifty50 index, here are the 5 top gainers for the day:  State Bank of India share price closed …

Mutual funds, AIFs (alternative investments), pensions, wealth managers, corporations, and other asset managers in India and abroad depend on KFintech to fulfil their vital requirements. The business provides asset managers in various segments with SaaS-based end-to-end transaction management, channel management, data analytics, compliance solutions, and other digital services. Additionally, it provides outsourcing services for global …

Prestige Estates Projects is in the news with a brand-new acquisition: 17.45 acres of land in Bengaluru’s Whitefield, worth a major Rs.462 crore. Positioned right next to their Prestige Raintree Park, this plot will soon transform into a massive residential development, promising around 2.68 million square feet of fresh living space in one of the …

Tata Technologies reported a 2% decrease in consolidated net profit for Q2 FY2024, amounting to ₹157 crore, down from ₹160 crore in the same period last year. However, revenue from operations rose by 2% year-on-year, reaching ₹1,296 crore compared to ₹1,269 crore previously. Operating Profit and Margin Improvement The company saw an increase in operating …

Punjab National Bank (PNB) announced its financial results for the quarter and half-year ended September 30, 2024.  Q2 FY 2025 Financial Performance The bank reported a net profit of ₹4,303 crore for Q2 FY25, marking a significant year-on-year (YoY) increase of 145% compared to ₹1,756 crore in Q2 FY24. The Return on Assets (RoA) improved …

Sun Pharmaceutical Industries Limited announced its financials for the second quarter ending September 30, 2024.  Q2 FY 2025 Financial Highlights The company achieved gross sales of ₹1,32,642 million, marking a 10.5% increase compared to the same period last year. Notably, India formulation sales reached ₹42,652 million, up 11%, while US formulation sales saw a remarkable …

Every year, Ayurveda Day is celebrated in India on the Dhanteras festival, marking the importance of this ancient medical system that has been practised for thousands of years. In 2024, Ayurveda Day falls on October 29, and this year’s theme is “Ayurveda Innovation for Global Health” focuses on fostering Ayurvedic innovation to address global health …