Stocks/Share Market - Angel One

Shyam Metalics and Energy Ltd., a leading integrated metal manufacturing company in India, proudly announces the launch of operations at its state-of-the-art Coke Oven Plant in Jamuria, West Bengal. This facility’s commencement marks a significant advancement in the company’s expansion and sustainability objectives, with backward integration set to enhance profitability by reducing costs and improving …

Introduction Share Price of Network 18 Media and Investments, saw a sharp uptick in yesterday’s trading session, breaking past their 20-DMA (20-day moving average). On October 16, TV18 Broadcast shares jumped about 7%. The surge came with a notable increase in volume on the NSE. This rise in both price and volume can be traced …

Share Price Movement Ahead of Q2 Earnings As of October 16, share price of Bajaj Auto traded flat, up by 0.35%, at Rs 11,537.90. The stock dipped to an intraday low of Rs 11,381.15. Currently, Bajaj Auto is trading below this key technical level, and in the recent past, it has faced resistance around its …

PNC Infratech Ltd has secured two major Engineering, Procurement, and Construction (EPC) contracts from the Maharashtra State Road Development Corporation (MSRDC), with a combined value of Rs.4,630 crore. These projects are set to boost Maharashtra’s infrastructure, focusing on access-controlled roadways and expressway connectors.  First Project: Pune Ring Road Segment One of the contracts involves the …

On October 16, 2024, RateGain Travel Technologies Limited (RateGain), a major provider of AI-powered SaaS solutions for the travel and hospitality sectors, announced a strategic technology partnership with TCA Software Solutions.  TCA is known for its Property Management System (PMS) solutions for the hospitality industry. This collaboration will integrate TCA’s popular Inssit PMS with RateGain’s …

PVR INOX Limited has released its unaudited standalone and consolidated financial results for the second quarter (Q2 FY25) and the first half of the fiscal year ending September 30, 2024 (1HFY25).  PVR Inox Q2FY25 Results For the quarter ending September 30, 2024, PVR Inox reported revenue of ₹16,419 million, with an EBITDA of ₹2,069 million …

On October 16, 2024, HDFC Life announced its standalone and consolidated financial results for the half-year ending September 30, 2024, demonstrating a strong performance across all key metrics. The company achieved a remarkable 31% growth in new business premiums (individual APE), aided by a 22% increase in the number of policies sold and a well-balanced …

On October 16, 2024, Strides Pharma Science Limited (Strides) announced that its associate company, OneSource Specialty Pharma Limited (formerly Stelis Biopharma), has secured commitments to raise ₹8,010 million (~USD 95 million) from prominent domestic and international investors, as well as family offices, ahead of its listing. The fundraising deal is based on a pre-money equity …

Godrej Properties Ltd announced that it has emerged as the highest bidder to develop a group housing project in Sector 5-A, Kharghar, through an e-auction by the City and Industrial Development Corporation of Maharashtra (CIDCO).  The project spans 6.54 acres, offering a development potential of around 2 million square feet, with plans for premium residential …

HFCL Limited (HFCL), a leading technology enterprise and next-generation communications solution provider, unveiled two groundbreaking Unlicensed Band Radio (UBR) products at the India Mobile Congress 2024, held at Pragati Maidan, New Delhi. These innovative solutions aim to meet the escalating data demands of modern network environments while prioritizing sustainability. The new offerings include:   1 Gbps …