Stocks/Share Market - Angel One

NLC India Ltd. (NLCIL) just shook hands with Rajasthan’s power giant, Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), for two powerhouse joint ventures set to turbocharge energy capacity in the state. These projects aren’t just about boosting power—they’re a part of India’s larger push for secure and sustainable energy, led by the country’s vision. Two-Pronged …

ITC Ltd., one of India’s biggest conglomerates, is making an important change as it prepares to separate its hotel business into ITC Hotels Ltd. To strengthen its position, ITC is increasing its stake in luxury hotel chains Oberoi and Leela by buying more shares from its subsidiary, Russell Credit Ltd. This decision boosts ITC’s control …

Mahanagar Gas Ltd. (MGL) is in the limelight today, and for good reason! Their board just greenlit a merger with Unison Enviro Pvt. Ltd. (UEPL), a fully owned subsidiary. Not only that, but they also released their Q2 results, showing their broader plan for operational efficiency and market expansion. Merger Details & Purpose So, what’s …

360 ONE Wealth, a private wealth management firm with an AUM of roughly Rs. 521,000 crore*, is among the fastest-growing in India. We serve the incredibly complex and specialized needs of high- and ultra-high-net-worth individuals, wealthy families, family offices, and institutional clients by offering a broad range of tailored wealth management solutions. We cultivate enduring …

The Ministry of Power of the Government of India owns Power Grid Corporation of India Limited, a central public sector enterprise in India. Its primary activity is bulk power transmission among India’s states. Its main office is in Gurugram. Gujarat’s Transmission Project Bid Is Won by Power Grid On October 24, Powergrid announced that it …

The largest commercial port operator in India, Adani Ports and Special Economic Zone Limited (APSEZ), handles almost 25% of all cargo movement in the nation. The most extensive national footprint with enhanced hinterland connectivity is exhibited by its presence in 13 domestic ports located in seven maritime states, namely Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, …

A Mumbai-based company, Kansai Nerolac Paints Limited is India’s biggest industrial paint manufacturer and third-largest decorative painter. It is a division of the Japanese company Kansai Paint. At 15.4% of the Indian paint market as of 2015, it holds the third-largest market share. Kansai Nerolac Paints Ltd. selling Rs. 726 crore land to Aethon Developers …

On October 24, 2024, Oracle Financial Services Software Limited, a majority-owned subsidiary of Oracle reported its financial results for the quarter that ended September 30, 2024. The company achieved a consolidated revenue of ₹1,674 Crore, marking a 16% increase YoY. In addition, the operating income rose to ₹724 Crore, up 36%, while net income reached …

Glenmark Life Sciences Limited (GLS), a leading developer and manufacturer of specialized, high-value Active Pharmaceutical Ingredients (APIs) for chronic therapeutic areas, has announced its financial results for the quarter and half-year ended September 30, 2024. For the first half of FY25, GLS reported revenue from operations of ₹10,955 million, representing a 6.7% year-over-year decline.  In …

India’s aviation industry is facing significant disruptions due to a wave of false bomb threats. In just nine days, over 130 hoax calls have been reported to various airlines. This has led to widespread panic, flight delays, and diversions. On Thursday, October 24th alone, Indian carriers like Air India, Vistara, Akasa Air, and IndiGo received …