Stocks/Share Market - Angel One

The Indian Automobile industry is 4th largest automobile producer in the world, with an average annual production of 4 million motor vehicles. The sector is expected to grow at a CAGR of 8.1% in the upcoming forecast period. India is well reconfigured as an automobile production hub due to its low-cost production. Cheap labour, easy …

About New Plant Adani Green Energy Limited (AGEL), a frontrunner in India’s renewable energy sector, has inaugurated a new 180 MW solar power plant in Devikot, Jaisalmer, Rajasthan. This significant addition to AGEL’s portfolio strengthens its position as India’s largest renewable energy company. The plant boasts a long-term power purchase agreement (PPA) with the Solar …

In the tumultuous world of stock markets, where uncertainty often reigns supreme, making the right investment calls requires a blend of foresight, courage, and a contrarian mindset. Rajiv Jain, the chairman and CIO of GQG Partners, exemplified these qualities when his firm made a bold bet on Adani Group stocks, just as the conglomerate faced …

Today, domestic indices surged significantly, buoyed by robust gains in the auto, oil & gas, energy, and power sectors. However, BSE Metals and BSE Healthcare were the only sectoral indices that registered losses. At 10:20 am, the BSE Sensex climbed 0.70% reaching a level of 72,978. The Nifty 50 index gained 0.66% to the 22,150 …

On Wednesday, the benchmark indices were trading in the green with the Sensex up around 445 points or 0.61% at 72,916, while the Nifty-50 up around 112 points or 0.51% at 22,117. About 1,938 shares have advanced; 1,180 declined; and 111 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …

On Thursday, the Nifty opened 157 points higher and reached a new high of 22,619 in early trade but immediately began drifting lower. It sank to the day’s low of 22,304, which could act as a key support moving forward. Nifty recovered most of the losses in the last couple of hours to close 80 …

On April 4, 2024, Royal Orchids Hotels Limited informed the stock exchanges that the company had signed agreements with MASA Hotels Pvt. Ltd for their upcoming 300-room 5-star hotel in Mumbai, Maharashtra. Royal Orchid Hotels Limited signed a lease/revenue-sharing agreement with MASA Hotels Pvt. Ltd. Last week, Royal Orchids Hotels announced the opening of an …

On April 4, 2024, Synergy Green Industries disclosed two important material developments of the company in an exchange filing. These two developments are related to the implementation of the solar project at Malegaon, Nasik and the acquisition of land for expansion. Synergy Green Industries Limited informed the stock exchanges that the company has successfully commissioned …

On April 3, 2024, Gufic Biosciences Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary company in Dubai, UAE, namely “Veira Life FZE”. As per the exchange filing, the new wholly-owned subsidiary was incorporated on March 25, 2024, which was intimated to the company by Jebel Ali Free Zone (JAFZA) …

On March 19, 2024, HG Infra Engineering Ltd (HG Infra), a prominent player in the Indian infrastructure sector, witnessed a surge in its stock price. The share of HG Infra opened at ₹941.95 as compared to the previous close of ₹893.45. This upswing comes on the heels of a promising development: the company, in a …