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Market Updates - Angel One

Dream11 Surpasses Demat Accounts in an Unstoppable Surge

Dream11 Surpasses Demat Accounts in an Unstoppable Surge

29 May 2023

Dream11 is an online fantasy sports platform based in India that allows users to play fantasy cricket, football, basketball, baseball, kabaddi, and hockey. It was founded in 2008 by Harsh Jain and Bhavit Sheth and has gained significant popularity in the Indian market. Dream11 is the flagship brand of Dream Sports, India’s leading Sports Technology …

HG Infra Engineering Wins NTPC Order Worth Rs 42.5 Cr

HG Infra Engineering Wins NTPC Order Worth Rs 42.5 Cr

24 May 2023

Company Overview  H.G. Infra Engineering Limited, is an Indian company that specializes in the construction and maintenance of road infrastructure. Their primary focus is on providing Engineering, Procurement and Construction (EPC) services, as well as undertaking contracts for the maintenance of roads, bridges, flyovers and other related infrastructure projects. With a significant presence in 11 …

Infosys Enters the AI Domain; Launches Infosys Topaz!

Infosys Enters the AI Domain; Launches Infosys Topaz!

24 May 2023

Infosys has launched Infosys Topaz – an AI-first set of services, solutions and platforms using generative AI technologies. It helps amplify the potential of humans, enterprises and communities to tap into the next generation of opportunities to create value from unprecedented innovations, connected ecosystems and pervasive efficiencies. Infosys Topaz leverages Infosys applied AI framework to …

JSW Steel and JFE Steel Signs Mou for CRGO Electrical Steel Manufacturing

JSW Steel and JFE Steel Signs Mou for CRGO Electrical Steel Manufacturing

23 May 2023

JSW Steel and JFE Steel, Japan have signed Memorandum of Understanding (MoU) to conduct a joint feasibility study to establish a cold rolled grain oriented electrical steel manufacturing joint venture in India.   The feasibility study has since been completed and both, JSW Steel and JFE Steel have in‐principle reached an agreement to establish a 50:50 …

Tata Motors Bags Order For 50 Magna Buses From Vijayanand Travels

Tata Motors Bags Order For 50 Magna Buses From Vijayanand Travels

23 May 2023

On Tuesday, the shares of Tata Motors closed at Rs 528.50, 1.18% up from its previous closing of Rs 522.35 on the BSE.   Tata Motors has bagged a prestigious order for 50 Magna 13.5-metre buses from Vijayanand Travels. The state-of-the-art Magna buses, known for their superior design and advanced features, will be delivered to Vijayanand …

HDFC Bank & HDFC Ltd to Become 2nd Largest Indian Company Post-Merger

HDFC Bank & HDFC Ltd to Become 2nd Largest Indian Company Post-Merger

23 May 2023

HDFC Bank is the largest private sector bank in India incorporated in August 1994 and was the first to obtain RBI approval to establish a bank in the private sector. Till date the company has 7821 branches across 3811 cities in India, serving over 83 million customers. HDFC Ltd, India’s first specialized mortgage firm was …

Persistent Systems expands in Europe, Open Office in Poland

Persistent Systems expands in Europe, Open Office in Poland

22 May 2023

Persistent Systems recently inaugurated its first office in Poland to expand its nearshore capabilities in Europe. The office is situated in Kraków, this new office will be the latest addition to the company’s growing global delivery network. This delivery center will play a crucial role in driving digital transformation for clients across industries and provide …

ABB India Rises on Expanding Production Footprint with New line for Variable Speed Drive!

ABB India Rises on Expanding Production Footprint with New line for Variable Speed Drive!

12 May 2023

ABB India has expanded its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments. ABB’s variable speed drives are used to control the speed …

Polycab India Q4 Results: Profits Increase by 5%

Polycab India Q4 Results: Profits Increase by 5%

12 May 2023

On Friday, shares of Polycab India surged more than 5% to record a new 52-week high of Rs 3399 apiece on BSE. The scrip witnessed massive spurt in volume by more than 3.05 times.   In Q4 FY23, the company’s revenue amounted to Rs 432.37 crore, showing a YoY increase of 9%. The EBITDA for Q4 …

Smallcap EV Firm Returned 124% In 5 Months, Stock Price Recorded New High!

Smallcap EV Firm Returned 124% In 5 Months, Stock Price Recorded New High!

12 May 2023

Indian benchmark indices have recovered smartly from the lower levels with Nifty trading above 18,300 mark. Amidst recovery from the lower levels, there are some stocks which have hit fresh record high on the bourses and one such stock is Mold-Tek Technologies Ltd.   Mold-Tek Technologies is engaged in providing Civil & Mechanical Engineering Services. The …

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