Shares of Dynamatic Technologies Limited witnessed a significant surge today. The stock opened trading at Rs 4137.75, remaining flat compared to the previous day’s closing price of Rs 4137.75 per share. Furthermore, the stock achieved a significant milestone today, reaching Rs 4500 per share, marking a 9% increase during the intraday session. In addition to …
Stocks/Share Market - Angel One


Tata Investment Corporation: Compelling Cash Flow and Dividend Payouts ; here’s why?
20 September 2023Tata Investment Corporation Limited (TICL), a non-banking financial company that primarily invests in long-term investments, such as equity shares and equity-related securities, has reported a positive cash flow from investing activities of Rs 62.72 crore for the financial year 2022-23. This was primarily driven by the purchase of investments worth Rs 3017.12 crore crores in …

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira
20 September 2023It’s a sea of red for the Indian markets with Sensex and Nifty declining more than 1% on Wednesday. The index heavyweights HDFC Bank and Reliance Industries have combinedly contributed more than 100 points in the Nifty falls. All the sectors were seen trading in red. However, there was one stock which was seen buzzing …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 September, 2023
18 September 2023On Monday, both the Sensex and Nifty commenced the day on a negative note, showing declines of 0.22% and 0.13%, respectively. About 1,911 shares have advanced and 1,490 declined furthermore 218 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as follows: The top Sensex gainers were Mahindra & …

IDFC Shriram Merger: Is it More Than the Sum of Parts?
17 July 2017A week after the announcement of the two-way merger of IDFC Bank and Shriram Capital, there is still a lot of speculation on the core purpose behind the merger. The clarification by Mr. Ajay Piramal that “the merger was not an attempt to enter banking through the back door” probably summed up the narrative that …

Stocks Under Rs 50: Companies With More Cash Than Their Market Capitalisation
21 June 2023The balance sheet is an important financial statement that provides an overview of a company’s assets, liabilities, and shareholders’ equity at a specific point in time. One important component of the balance sheet is cash and cash equivalents, which represents the company’s liquid assets readily available for use. Cash and cash equivalents include cash on …

These 3 stocks from BSE 500 jumped over 4% today, 20 September 2023
20 September 2023The benchmark index S&P BSE 500 opened today at 27,766.72 and made its day high at 27,856.47 and it is currently trading in red, down by more than 0.65%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …

Nestle is transferring Rs 837 Cr. from its general reserves to retained earnings; check details here
20 September 2023Nestle India has disclosed that the order, approved by the Honourable National Company Law Tribunal, New Delhi Bench, sanctioning the Scheme of Arrangement between the company and its shareholders, involving the transfer of the entire balance of Rs 8,374.3 million from the General Reserves to Retained Earnings. Considering the company’s quarterly performance, on a standalone …

Shares of DCM Shriram surge after its subsidiary inks deal with Inventure Metal
20 September 2023Arm of DCM Shriram Fenesta and Inventure Metal Products Industries LLC, a well-known provider of comprehensive facade-building solutions in the construction sector in the United Arab Emirates (UAE), have formed a strategic technological partnership. The partnership represents a turning point in Fenesta’s quest for superiority in the Facade industry. With 18 years of experience in …

NBCC bags Rs 150 crore order from Khadi and Village Industries Commission; stock rises by 4% in early trade
20 September 2023NBCC Limited, a prominent construction company of the Government of India and a Navratna Enterprise under the Ministry of Housing and Urban Affairs, specializing in construction projects, has made a significant announcement regarding recent orders received by the company. As detailed in the official report published by the company after the market closed on Friday, …

