Stocks/Share Market - Angel One

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Trident Receives European Patent for Innovative New Product

21 July 2023

Trident has been granted a patent for the ‘Process of manufacturing a fabric with homogeneous pores’ by the European Patent Office. The present invention comprises a method of producing Air rich yarn and fabric with pores throughout the cross-section thereby producing Air Rich fabrics and yarns which have high wettability, easy dryablity, quick absorbency and …

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Power Finance Corp Signs Rs 2.37 Lakh Cr MoU with 19 Clean Energy Firms

21 July 2023

Power Finance Corporation has executed various MoUs of more than Rs 2.37 lakh crore with more than 19 companies in both the public and private sectors. The company recently diversified its loan portfolio by foraying into infrastructure projects such as refineries, ports and metro.  Power Finance Corporation’s (PFC) wholly-owned subsidiary – PFC Consulting (PFCCL) has …

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SJVN Signs an MoU Worth Rs 50,000 cr with REC

21 July 2023

As per the recent exchange filing, SJVN has disclosed the signing of a Memorandum of Understanding (MoU) with REC Ltd for financing their company’s project, as well as projects of their subsidiary and joint venture, with a substantial amount of Rs 50,000 Crore. As per the company, REC will provide financial assistance to set up …

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IndiaMart InterMESH climb 10% after Share buyback Plan

21 July 2023

Today, shares of IndiaMART InterMESH Ltd rose after it reported financial results for the quarter that ended June 2023 or Q1FY24 and a share buyback plan. IndiaMART was the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating Small and Medium …

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These 3 Stocks from BSE 500 Surge Over 6% Today, 21 July 2023

21 July 2023

The benchmark index S&P BSE 500 opened today at 26,858.12 and made its day high at 26,958.81 and it has closed down by more than 0.80%.                   From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. …

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Dark Horse Stock of the Day: Insolation Energy Gains 365% from Listing Price

21 July 2023

The shares of Insolation Energy Ltd experienced a sharp rise today, hitting the upper circuit. It began the day at Rs 151, a substantial 2.19% up compared to the previous day’s closing price of Rs 147.75. The stock surged by 20% during the intraday session with significant volume.   Currently, while writing this article the shares …

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Bank of India’s Bullish Breakout: Promising Opportunities Ahead

21 July 2023

In the last trading session of the week, the Nifty experienced a gap-down opening, fueled by negative sentiments surrounding financial under-performance and guidance from select IT and FMCG sector stocks, leading to a retracement of the strong one-way rally witnessed over the past four consecutive days. However, amidst this market movement, PSU Banks garnered significant …

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L&T to consider share buyback, special dividend next week, stock zooms by 3%

21 July 2023

Larsen and Toubro (L&T), a conglomerate specializing in engineering and infrastructure, made an announcement on Thursday that it will discuss the possibility of a share buyback during its upcoming board meeting next week. The meeting, scheduled for July 25, will also involve the approval of results for the June quarter. Within the meeting’s agenda, the …

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Shares of Hindustan Aeronautics rise on signing an LoI with Argentina’s Defence Ministry!

21 July 2023

The Indian benchmark indices started the session sharply lower, dragged down by massive losses in IT sector stocks. BSE Information Technology was the worst-performing sector, with losses of around 3.8%, while shares of Infosys tumbled more than 7%. BSE Capital Goods impressed investors with gains of more than 1%, led by a strong rally in …

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BSE SME firms achieve Rs 75,000 crore total market capitalisation milestoneseo

21 July 2023

The total market capitalisation of listed companies on the BSE SME platform hit Rs 75,000 Crore on Thursday. The number of companies listed on the BSE SME platform to date is 446 companies. The average market capitalisation of these companies stands at approximately Rs 168 Crore. In FY23, SME firms raised Rs 2,232 Crore through …

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