Stocks/Share Market - Angel One

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 …

On October 24, 2024, Godrej Consumer Products Limited (GCPL), a leading FMCG company in emerging markets, announced its financial results for the quarter ending September 30, 2024.  In Q2 FY 2025, GCPL’s standalone business showed a solid 7% growth in both sales and volume year-on-year. Indonesia operations saw a volume increase of 7% and an …

IndusInd Bank Limited announced its financial results for the quarter and half-year ending September 30, 2024. Quarterly Performance (Q2 FY25) The Net Interest Income (NII) for Q2 FY25 stood at ₹5,347 crores, marking a 5% year-over-year (YoY) increase. The Net Interest Margin (NIM) for this quarter was 4.08%, a slight decrease from 4.29% in Q2 …

Colgate-Palmolive (India) Limited has reported its financial results for the second quarter of the fiscal year 2024-25.  The company achieved a 10.0% year-on-year growth in topline revenue, with domestic revenues growing by 10.5%. Net sales surged to ₹1,609.2 crore, up from ₹1,462.4 crore in the same quarter last year. The net profit after tax for …

On October 25, 2024, Larsen & Toubro (L&T), a leading technology-driven company in India, secured a significant new contract from the ITER organisation, an intergovernmental body based in France.  This contract involves deploying advanced technologies to assemble important components within the Vacuum Vessel at ITER, the world’s largest nuclear fusion project located in Cadarache, southern …

India is currently witnessing a rapid transformation across multiple industries, driven by a combination of government initiatives, technological advances, and growing consumer demands.  These changes are reshaping the country’s economy, positioning it as one of the world’s fastest-growing markets. From traditional sectors like real estate and automobiles to newer ones like renewable energy and IT, …