Stocks/Share Market - Angel One

On May 24, 2024, Amber Enterprises India Limited announced that announced that it had acquired an additional 20.22% equity stake in Ever Electronics Private Limited (EVER). The total cost of acquisition is ₹68,63,00,940. Before the acquisition, Amber Enterprises held 38,23,127 shares of EVER, leading to 70% of the shareholding. Post-acquisition, the company holds 49,39,064 shares, …

Fast-moving consumer goods (FMCGs) are mass-consumption, non-durable items that are readily available off the shelf. In this article, we will discuss the earnings of FMCG giants in India. ITC Limited: ITC is the largest cigarette manufacturer and seller in the country. ITC delivered a resilient performance during FY24 amidst a challenging macroeconomic and operating environment …

During Monday’s trading sessions, these three stocks gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Indian Overseas Bank Shares of Indian Overseas Bank closed at Rs 74.42, up 10.69% compared to the previous close of Rs 67.23. Today’s trading session saw a significant volume spike, with 12.70 times …

According to media reports, the monsoon in Mumbai is likely to arrive around June 10. The Indian Meteorological Department (IMD) has yet to announce the exact date of the monsoon’s arrival in India. However, the entry of the southwest monsoon in Kerala on May 31 will likely ensure a timely onset of the rainy season …

360 ONE Prime (previously known as IIFL Wealth Prime) is currently offering secured, rated, non-convertible debentures (NCDs) as part of its Tranche II issuance. The subscription period is open from May 24th to June 6th, 2024. This tranche features a base size of Rs 100 crore, with an option to accept oversubscriptions up to an …

The Finance Ministry, in its monthly economic review, indicated that the prediction of a normal Southwest Monsoon bodes well for food production and easing of price pressures. With the assumption of a normal monsoon, the Reserve Bank of India (RBI) forecasts a 4.9% retail inflation for the first quarter of FY25. Positive indications in the …

The benchmark index S&P BSE 500 opened today at 34,089.61 and made its day high at 34,094.51, and it is trading in green today, up by more than 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. AstraZeneca Pharma India …

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in red. The Nifty50 closed at 22,957.10, almost flat compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 75,410.39, reflecting a decline of around points. Among all the stocks listed on the NSE, 129 stocks reached their 52-week high …

On Friday, the market failed to maintain its record highs reached during the day. The Sensex fell slightly by 0.01% to close at 75,410.39, while the Nifty dropped by 0.05% to end at 22,957.10. Nifty Media, Nifty Financial Services, and Nifty Bank closed positively, whereas Nifty FMCG, Nifty Realty, and Nifty IT were the major …

Exciting News for Investors: Adani Ports Joins BSE Sensex! In a significant development for the Indian stock market, the BSE Sensex index has announced its latest semi-annual review, and it’s big news for Gautam Adani-led Adani Ports and Special Economic Zone Ltd.  Adani Ports Takes Center Stage Come June 24, Adani Ports and Special Economic …