Stocks/Share Market - Angel One

Ircon International’s Share Price Jumps 2% Amid Market Selloff Following MoU Announcement In a market experiencing sharp selling pressure, with frontline indices down between 0.34% to 0.48%, Ircon International’s share price has jumped by about 2%. The rally follows the announcement that the company has entered into a Memorandum of Understanding (MoU) with Patel Engineering …

Oriana Power Ltd. just bagged a massive Rs.375 crore deal with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to build a 75-megawatt (MW) solar power plant. This isn’t just another solar project, it’s part of the government’s Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme, aimed at boosting renewable energy, with a …

Bikaji Foods International Ltd., one of the country’s leading Indian snacks brands, has announced expansion into the Quick Service Restaurant (QSR) segment. On Wednesday, the company confirmed plans to acquire a 53.02% stake in Hazelnut Factory Food Products Pvt. Ltd., a café-cum-artisanal sweets brand based in Lucknow. This investment is valued at Rs.131.01 crore and …

Reliance Industries Ltd. (RIL) has announced October 28, 2024, as the record date for its 1:1 bonus share issue. This means that shareholders holding RIL shares as of this date will receive one additional share for every share they own. The bonus issue was initially revealed during RIL’s annual general meeting on August 29, 2024, …

Crisil reported a 13% year-on-year increase in consolidated net profit, reaching ₹171.55 crore for the third quarter, compared to ₹152 crore in the same period the previous year. The company’s revenue also showed a healthy growth of 8%, rising to ₹833 crore from ₹771.84 crore year-on-year. The strong financial performance was supported by a 16.7% …

Infosys Ltd, a global leader in next-generation digital services and consulting, is set to announce its financial results for the second quarter ended September 30, 2024, on Thursday, October 17, 2024, at approximately 3:45 PM. Investors are keenly awaiting the company’s performance. On October 17, 2024, Infosys share price opened at ₹1,935.20, up from the …

Bajaj Auto Ltd reported a 9.1% year-on-year (YoY) rise in standalone net profit for the second quarter (Q2 FY25), reaching ₹2,005 crore, despite a significant tax hit of ₹211 crore. This increase came alongside a 21.8% YoY growth in revenue from operations, which stood at ₹13,127.47 crore, supported by a 16% volume growth to 12 …

Mphasis Limited announced its financial results for the quarter ended September 30, 2024 (Q2 FY25).  In the quarter ended September 30, 2024, the company reported a rise in net profit of ₹4,233.32 million, up from ₹4,045.08 million in Q1 FY25 and ₹3,919.49 million in Q2 FY 2024. Total income for Q2 FY25 grew to ₹35,948.96 …

L&T Technology Services Limited (LTTS) announced its financial results for the quarter ended September 30, 2024 (Q2 FY25), showcasing steady growth across key metrics.  The company reported a revenue of ₹25,729 million, reflecting a 4.5% quarter-on-quarter (QoQ) growth and 8% year-on-year (YoY) growth. In dollar terms, LTTS achieved a revenue of $307 million, marking a …

On October 17, 2024, at 8:17 AM, the GIFT NIFTY futures were trading at 25,054.0 levels, up by  0.21%. Check out a few stocks, which can be in focus during the trading session today. Bajaj Auto Bajaj Auto announced their Q2 FY 2025 results on Wednesday and reported a 31.4% decline in consolidated net profit …