Stocks/Share Market - Angel One

On Wednesday, SpiceJet said its promoter Ajay Singh will infuse Rs 500 crore into the company to strengthen the airline’s financial position. The fresh equity infusion will help the carrier in accessing additional credit facilities of Rs 206 crore under the Emergency Credit Line Guarantee Scheme (ECLGS), the company said in a statement.   The board …

The Nifty 50, the flagship index of the National Stock Exchange, is one of the most widely tracked and referenced benchmarks in the Indian stock market. Twice a year, the Nifty 50 index undergoes a rebalancing process, which plays a crucial role in maintaining its relevance and accuracy as a representation of the Indian equity …

NCC Ltd., a construction company, experienced a remarkable jump of over 6.5% in its stock with strong volumes exceeding 16 million, marking a technical breakout of a continuation price pattern.  NCC Ltd. engages in construction and engineering services, operating in both Indian and international markets. The company specializes in various sectors, including buildings and housing, …

Zen Technologies received two orders yesterday worth Rs 500 crore. After the news, shares of the company saw heavy buying and a jump in share price.  During market hours in the morning, the company announced that it had received a significant order win in the export markets. The order is valued at approximately Rs 340 …

Indian benchmark indices ended the session substantially lower, dragged down by significant losses in the information technology, telecommunications and utilities sectors. The BSE Sensex fell 0.34% to 65,393 level at the close. The Nifty 50 index declined 0.28% to a level of 19,384.     Broader indices significantly outperformed the main indices. The top BSE Large-cap gainer, …

Gandhi Special Tubes is engaged in the production and promotion of welded and seamless steel tubes in various sizes and specifications, as well as Cold Formed Coupling Nuts. These items are primarily distributed to Original Equipment Manufacturers (OEMs) in the automotive sector, Farm Equipment manufacturers, Construction equipment manufacturers, and other Engineering Industries. The company also …

While mixed investor sentiments were evident across sectors, Indian headline indices experienced a steep decline in closing trades. The top-performing sectors were BSE Realty and BSE Healthcare, while BSE Information Technology and BSE Telecommunications had the worst performances.  Shares of APL Apollo Tubes Ltd gained in early trades, reaching an intraday high of Rs 1,333.95 …

IndusInd Bank and the London Stock Exchange Group (LSEG) have collaborated to support the private sector lender’s digital transformation strategy. As part of the agreement, the bank will gain access to LSEG’s comprehensive data offerings and workflow solutions. This will help financial professionals at the lender to collaborate and provide insights utilising LSEG’s real-time news, …

Marksans Pharma Ltd (NSE: MARKSANS; BSE:524404) announced that it has received final approval from the US Food and Drug Administration (“FDA”) for its Abbreviated New Drug Application (“ANDA”) for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg, over the counter (“OTC”) bioequivalent of Advil Dual Action Tablets 250 mg/125 mg.  The Acetaminophen and Ibuprofen Tablets, 250 …

Business Overview  Avalon Technologies Limited is an Indian company that specializes in electronic manufacturing services (EMS). They offer a comprehensive range of services, from printed circuit board (PCB) design and assembly to complete box-build solutions. Their customer base consists of global original equipment manufacturers (OEMs) located in countries such as the United States, China, Netherlands, …