Stocks/Share Market - Angel One

Adani Wilmar Limited (AWL), the fast-moving consumer goods (FMCG) branch of the Adani Group, released its Q2 FY25 earnings on October 24, 2024. The company saw an 18% increase in revenue, reaching ₹14,460 crore compared to the same quarter last year, with a volume growth of 12%. This growth was fueled by strong performances in …

The anticipated merger between JioCinema and Disney+ Hotstar is expected to disrupt India’s streaming market, with experts predicting the combined platform could dominate the OTT space. However, there’s already an unexpected challenge—a tech-savvy individual from Delhi has claimed the domain name “JioHotstar,” potentially complicating the launch of a unified platform. Though official details about the …

Wipro Limited has announced innovative initiatives that harness the full NVIDIA AI stack, aiming to empower clients across various sectors, including healthcare, communications, and financial services. This strategic move is designed to facilitate the rapid development and implementation of new business strategies tailored for the AI era, leveraging NVIDIA AI Enterprise. As part of this …

Ajooni Biotech Limited, known for its pure veg animal healthcare solutions, is celebrating a big win! The company has just bagged a repeat export order from Avon Animal Health, one of the biggest distributors of animal health products in Bangladesh. This will directly help deepen its footprint in the Asian market. Products in Focus The …

Cyient Limited announced its financial results for the quarter ending September 30, 2024 and declared an interim dividend. Financial Highlights for Q2 FY25 Cyient Digital, Engineering, and Technology (DET) segment revenue stood at ₹1,450 crores, marking a quarter-on-quarter (QoQ) growth of 2.5%. However, on a year-on-year (YoY) basis, there was a slight decline of 1.8%. …

Coromandel International Limited has announced significant capital investments aimed at enhancing its manufacturing capabilities and expanding its presence in the agricultural sector.  The company stated that the Board of Directors approved capital projects totaling ~₹800 crore, focusing on two main initiatives: the enhancement of granulation capacity for complex fertilisers at Kakinada, Andhra Pradesh, and the …

On Friday, October 25, 2024, the domestic equity indices, Sensex and Nifty 50, are expected to open flatly following the mixed global market cues. Check out a few stocks, which can be in focus during the trading session today. NTPC  On Thursday, NTPC reported its quarter-ended September 30, 2024 results. The company posted a 19.6% …

Petronet LNG Ltd, India’s largest gas importer, reported a 4% year-on-year increase in net profit, reaching ₹848 crore for the second quarter ended September 30, 2024. This compares to a net profit of ₹818 crore in the same quarter of the previous fiscal year, according to a regulatory filing. The profit figure fell short of …

In Q2 FY25, Go Digit’s gross written premium reached ₹2,369 crore, up 14% from ₹2,074 crore in Q2 FY24. The company’s premium retention ratio decreased slightly to 81.4% from 87.8% last year. Profit after tax saw a significant increase of 221%, reaching ₹89 crore compared to ₹28 crore in Q2 FY24.  As of September 30, …

Ola Electric, India’s largest dedicated electric vehicle (EV) manufacturer, announced the launch of its new Ola Digital Twin platform to revolutionise its manufacturing and product development processes.  Built using NVIDIA Omniverse, the Ola Digital Twin platform combines Krutrim AI and NVIDIA technology, advanced simulation, and IoT tools to create a detailed digital replica of Ola’s …