Share Market - Angel One - Page 116

In the past 15 days, several small-cap companies have announced significant strategic partnerships to enhance their market presence and technological capabilities. Oriana Power Ltd Oriana Power Ltd has signed an agreement with US-based Splitwaters for the implementation of providing electrolyzer and other equipment necessary for Green Hydrogen projects. This collaboration aims to reduce the capital …

Suzlon Energy Ltd. has been on a remarkable upward trajectory. On July 31st, its share price surged by 4%, marking its 8 consecutive days of gains. The stock has not only hit a fresh 52-week high but has also surpassed the 12-month price targets set by several brokerages following the company’s impressive June quarter results. …

On July 31, 2024, Fischer Medical Ventures Ltd announced that it has teamed up with Bio Angle Vacs Sdn Bhd to introduce its innovative vaccines to India. These vaccines are designed to lower the death rates in livestock and aquaculture significantly. Fischer Medical Ventures Ltd is investing in and working with Bio Angle Vacs Sdn …

On July 31, 2024, Zydus Lifesciences Limited announced that Mexico’s regulatory authority, COFEPRIS, has approved the marketing of MamitraTM, a biosimilar of Trastuzumab. This drug, available in 150 mg and 440 mg strengths, will be used to treat HER2-positive metastatic breast cancer, early breast cancer, and advanced gastric cancer. In Mexico, breast cancer is now …

Significant Volume Surge and Price Increase Shares of Autoline Industries were seen trading higher by 10% on Wednesday, marking a significant uptick in the stock’s performance. The total volume traded on the NSE surged by nearly 9 times compared to the 30-day average volume of 5.84 lakh shares. This impressive movement has propelled the stock …

Introduction Larsen & Toubro (L&T), a leading Indian multinational engaged in EPC projects, Hi-Tech manufacturing, and services, has recently secured a significant order to construct a state-of-the-art automobile manufacturing plant. This new development highlights L&T’s continued excellence and leadership in the construction and engineering sector. Details of the Order The order falls under the Buildings …

eMudhra Limited has announced a definitive agreement to acquire 100% of Sendrcrypt Technologies Inc, based in New Jersey, USA, for USD 3 million. This acquisition will be carried out through eMudhra Inc, USA, its wholly owned subsidiary. Sendrcrypt specialises in providing high-quality email security solutions to safeguard digital communications. Its flagship product, the Sendrcrypt Email …

Sterlite Technologies Limited has unveiled its new high-density 864F Micro Cables, engineered to provide fast and uninterrupted connectivity for dense fibre networks in the US. Featuring an impressive fibre density, the 864F Micro Cable can house 864 fibres within a diameter of just 11.4 mm, offering 1.5 times more fibres than a standard micro cable …

On July 31, JK Lakshmi Cement Ltd. announced its board’s approval of a scheme of arrangement to merge three of its subsidiaries: Udaipur Cement Works Ltd., Hansdeep Industries and Trading Co., and Hidrive Developers and Industries Pvt. This strategic move is aimed at optimizing the company’s operational efficiency and increasing shareholder value. Details of the …

Bharat Forge announced that its wholly-owned subsidiary, Kalyani Strategic Systems Ltd. (KSSL), has secured a defense manufacturing license for its Jejuri unit in Maharashtra. The license, granted by the Department for Promotion of Industry & Internal Trade (DPIIT) under The Industries (Development and Regulation) Act, 1951, allows KSSL to produce a variety of defense products …