Stocks/Share Market - Angel One

Vedanta Limited, India’s largest diversified natural resources company with a significant global presence, has announced its plan to demerge its business units into independent ‘pure play’ companies to unlock value and attract substantial investment for the expansion and growth of each business. Vedanta possesses a unique portfolio of assets compared to both Indian and global …

The benchmark index S&P BSE 500 opened today at 27,423.02 and made its day high at 27,423.04 and it has closed in red, down by around 0.24%                         From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

Shares of Piccadily Agro Industries Limited witnessed a significant surge today. The stock opened trading at Rs 129.70 per share, marking a 12.8% increase compared to the previous day’s closing price of Rs 114.95 per share. At the time of writing this article, the stock is trading at Rs 137.90, which is a 19.97% increase …

Both the Sensex and Nifty have seen a modest dip, with the Sensex declining by 0.52%, and the Nifty slipping by 0.61%. However, there are some positive signs as the Nifty Midcap has managed to secure a slight gain of 0.1%, and the Nifty Smallcap has shown a more substantial increase of 0.58%. Within the …

Maruti Suzuki India Limited, one of India’s leading automobile manufacturers, announced its monthly sales data for September 2023 on October 01. According to the press release, the company achieved a total sales figure of 181,343 units in September. This includes 153,106 units sold in the domestic market, 5,726 units sold to other OEMs, and 22,511 …

Man Infraconstruction Limited post the opening bell reported to the exchange that it has successfully delivered two 47-storey residential towers measuring 3.6 lakh square feet in its “Atmosphere O2” project located in Mulund West, Mumbai, well ahead of schedule time. Commenting on this development company management said that the project is nearly 90% sold out …

Indian headline indices extended their sustained decline, commencing the week on a notably lower note. The downturn was primarily driven by losses witnessed in the auto, metals, energy, and oil & gas sectors. In contrast, the broader indices displayed considerable resilience as compared to the main indices. Godrej Agrovet Limited, a small-cap conglomerate in the …

Nifty has formed a bullish candlestick pattern with a long upper shadow on the daily chart and traded within the previous day’s range, which resembles a inside bar formation at the downtrend. Generally, the high and low of this candle are important for following sessions to know the further trend. Nifty opened higher at 19581 …

Nifty View: The Nifty erased almost all the losses from the previous day. However, profit booking in the last hour wiped out the initial gains, resulting in the Nifty settling with a gain of 0.60%. The price action remained within the high and low of the prior trading session, forming an inside bar with a …

Without producing enough revenue, a business will struggle even to carry out ordinary tasks like paying suppliers, purchasing raw materials, and paying its staff, let alone making investments. Besides, a company needs ample cash on hand to also meet its dividend obligations should it decide to reward its shareholders. Moreover, businesses with sufficient cash reserves …