Stocks/Share Market - Angel One

On October 29, 2024, Reliance Industries issued a total of 67,661,864,49 bonus equity shares, each valued at ₹10, to its eligible shareholders. Details of the 1:1 Bonus Issue This allotment follows a 1:1 bonus issue, where each shareholder received one new, fully paid-up share of ₹10 for every existing ₹10 share they held. The eligibility …

On October 29, 2024, Tata Consultancy Services (TCS), a global leader in IT services, announced it had won a 15-year contract with Ireland’s Department of Social Protection (DSP).  TCS will help create and manage Ireland’s new Auto Enrolment Retirement Savings Scheme, called the “My Future Fund.” This system is designed to enrol nearly 800,000 Irish …

A Bright Start to Dhanteras Dhanteras marks the auspicious start of Diwali, a time when investors hope for prosperity. Though Indian benchmarks opened on a quiet note, Bank Nifty showed resilience with a modest rise of 0.17%. In this atmosphere, KBC Global Ltd, a penny stock, has managed to stand out with positive trading momentum. …

Bharat Heavy Electricals Ltd. (BHEL) has been catching investors’ attention with its impressive Q2 earnings, leading to a rise in its share price despite dip in the frontline indices. With a profitable quarter and better-than-expected margins, BHEL’s stock remains resilient, trading in the green and displaying robust financial health. Here’s a deeper look at the …

Indian Oil Corporation Ltd. (IOCL) witnessed a significant fall in its share price, reaching a nine-month low as Q2 results revealed a sharp profit decline. On October 29, IOCL’s share price dropped by 3% after reporting a 93.2% drop in net profit, pressured by reduced marketing margins and weak refining performance. Here’s a closer look …

Tata Technologies Limited is a multinational technology company based in India that specializes in product engineering and offers services to manufacturers of industrial machinery, automotive, and aerospace original equipment. It is one of Tata Motors’ subsidiaries. Manufacturing businesses depend on Tata Technologies to help them envision, create, and implement safer, cleaner products that enhance the …

Strong Financial Performance Propels Share Price Near Day’s High Veranda Learning Solutions Ltd., a growing name in education technology, has seen its share price gain 2.80%, trading near the day’s high. This price surge aligns with the company’s ambitious revenue target of Rs. 600 crore for FY25. Founded in 2018 by the Kalpathi AGS Group, …

Tata Power has just made it to the news again in the renewable energy sector by acquiring a 40% stake in Bhutan-based Khorlochhu Hydro Power Limited (KHPL) for Rs.830 crore. This deal, which will unfold over multiple tranches, aligns perfectly with Tata Power’s push toward green energy while expanding its influence in the South Asian …

India’s market leader for electronic manufacturing services (EMS) is Dixon Technologies (India) Limited. Dixon was established in 1993 and began producing colour television in 1994. Since then, the company has grown to include several electronics sub-sectors. The biggest domestic design-focused solutions company in India, Dixon Technologies (India) Limited, manufactures goods for the consumer durables, lighting, …

On October 28, 2024, Adani Power Ltd released its results for the quarter (Q2 FY24) and half-year (1H FY24)  ended September 30, 2024. Adani Power reported a 50% decline in its consolidated net profit for the quarter ended September 2024, posting ₹3,298 crore compared to ₹6,594.17 crore in the same period last year. The company’s …