Stocks/Share Market - Angel One

Dixon Technologies (India) Limited has announced financial results for the quarter and half-year ending September 30, 2024. Q2 FY 2025 Financial Performance In the second quarter of FY25, the company reported a remarkable revenue of ₹11,528 crores, representing a substantial 133% increase compared to ₹4,944 crores in Q2 FY24. This surge reflects Dixon’s strong market …

TCS Expands NVIDIA Partnership with AI-Centric Offerings On October 24, 2024, Tata Consultancy Services (TCS) extended its collaboration with tech giant NVIDIA, focusing on AI-driven solutions across various industries. Through its new business unit under the AI.Cloud division, TCS will deliver customized AI strategies and applications. With over five years of collaboration, this expansion aims …

The headquarters of the Indian automaker Mahindra & Mahindra are located in Mumbai, Maharashtra. Originally founded as Mahindra & Mohammed in 1945, it subsequently changed its name to Mahindra & Mahindra. M&M, a division of the Mahindra Group, ranks among India’s top automakers in terms of production. M&M might buy out 50% of Skoda Auto …

Transportation infrastructure projects are the primary focus of RITES Ltd., an engineering consulting firm and public sector undertaking in India that was formerly known as Rail India Technical and Economic Service Limited. The MoA was signed by RITES and NMDC Limited To offer comprehensive project management consulting services, RITES Ltd., a leading transport infrastructure consultancy, …

Muthoot Finance Ltd, one of India’s top gold loan providers, has pulled in $400 million (around Rs.3,350 crore) through Senior Secured Notes as part of its $2 billion Global Medium Term Note Program. This follows the guidelines set by the Reserve Bank of India (RBI) for External Commercial Borrowings (ECB). Deal Breakdown  The Notes carry …

Infosys, known for its expertise in digital services, has taken its partnership with Meta to a new level to drive the future of generative AI. By tapping into Meta’s Llama stack—open source language models, Infosys is helping businesses explore new ways to integrate AI seamlessly into their operations.  Launch of the Meta Centre of Excellence …

Adani Power, on October 28, has called for a board meeting and will be sitting down to discuss a plan to raise up to Rs.5,000 crore. Now, this could happen through a public issue or a private placement of non-convertible debentures (NCDs) – basically, a way of saying they’re looking to bring in some serious …

With Diwali, the festival of lights, just around the corner, the Indian stock market is gearing up for a festive season. As the nation celebrates this auspicious occasion, many investors are looking to capitalise on the positive sentiment and make profitable investments. India is demonstrating remarkable growth and resilience, with the economy expected to expand …

Arihant Academy Acquires ZEAL Academy: A Strategic Move for Growth Arihant Academy Ltd, one of Mumbai’s leading coaching institutes for SSC, ICSE, CBSE, Science & Commerce, has announced a strategic acquisition of a majority stake in ZEAL Academy, renowned for its exceptional coaching in IIT-JEE and NEET. The acquisition is valued at Rs 17 crore …

Hindustan Unilever’s (HUL) share price dropped over 5% on Thursday, October 24, 2024, after its second-quarter results fell short of market expectations. The stock fell by as much as 5.78% to ₹2,452.60 on the BSE. Hindustan Unilever’s (HUL) consolidated net profit for the July-September quarter fell by 2.4% to ₹2,591 crore, compared to ₹2,668 crore …