Stocks/Share Market - Angel One

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Gujarat PSU Witnesses Breakout of Consolidation Range; Stock Jumps Over 6.5%!

17 May 2023

In the captivating landscape of market dynamics, a fascinating development unfolded in the latter part of the previous month. Market participants, driven by a surge of interest, cast their sights upon the Gujarat government-run public sector undertakings. This newfound enthusiasm was sparked by the State’s intriguing announcement of new guidelines about minimum dividend distribution and …

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Zen Technologies Rallied 11% to Beat Peers!

17 May 2023

On Wednesday, follow up selling in indices continued for yet another session. Nifty trading around day’s low below the nearest important technical and derivative support level. In such negativity, now it’s time to look for opportunities in the defensive sector to hedge portfolio and one stock from the defensive IT sector, grabbed investors’ attention on …

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Oberoi Realty: Impressive 82% Growth in FY23

17 May 2023

As the season of financial results is on, Oberoi Realty Ltd has reported results for Q4FY23 and year ended on March 31 2023.    In comparison to the same quarter last year, the company’s net profit for the fourth quarter that ended on March 31, 2023, increased by 106.71% to Rs 480.29 crore from Rs 232.35 …

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Talbros Automotive Components Stocks Gained 3%!

17 May 2023

Amid the strong sell-off seen in the Indian markets, there is a stock that has emerged to be a hero and its Talbros Automotive Components.  The stock is trading higher by nearly 3% on Wednesday and it has logged an intra-day high of Rs 545. The stock is trading above all its key short- and …

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Karur Vysya Stock Soared 10% After Robust Q4 Numbers!

17 May 2023

In its latest quarterly results, the private lender Karur Vysya Bank reported a robust jump of 59% YoY in net profits to Rs 338 crore for the quarter ended March 31 from Rs 214 in the same quarter of previous financial year. Meanwhile, the total income for Q4FY23 stood at Rs 2,169 crore as against …

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Bharti Airtel Reported Over 20% Rise in Q4 Consolidated Net Profit!

17 May 2023

Bharti Airtel has reported results for the fourth quarter (Q4) and the year ended March 31, 2023. On a consolidated basis, the company has reported a rise in net profit at Rs 3,625 crore in Q4, up by 21.56% as compared to Rs 2,982.10 crore sequentially and YoY increased by 20.78%. The PBIDT excluding operating …

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Navratna Company Rail Vikas Nigam Bags Rs 2,248 Crore Order!

17 May 2023

Rail Vikas Nigam Ltd (RVNL), a government-established organization in 2003, has been playing a pivotal role in undertaking various rail infrastructure projects in India. Over the past few months, the company has garnered significant attention as it secured substantial orders from diverse clients across the country. In recognition of its outstanding performance, RVNL was bestowed …

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Turnaround quarter for Amber Enterprises; stock jumps 15%!

17 May 2023

Indian benchmark indices have kicked off Wednesday’s trading session on a soft note amid subdued cues from the global markets. The Nifty and Sensex were trading lower by 0.12% and 0.13%, respectively. Despite the softer opening, one stock which has surprised everyone by its eruptive move in the opening bell itself is Amber Enterprises India …

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Suzlon bags new order, stocks zoomed 3.5%

17 May 2023

The stock of Suzlon Energy is buzzing on the bourses in early deals on Wednesday. The stock has zoomed over 3.5 % and currently, it is trading near the day’s high. The stock is trading above its key short-term moving average i.e., 20 and 50-days moving averages and has immediate resistance in the form of …

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Cantabil Retail India’s FY23 Net Profit Soars 77%!

16 May 2023

Cantabil Retail India reported a 107.88% increase in net profit for the fourth quarter that ended on March 31, 2023, from Rs 8.12 crore to Rs 16.88 crore. In Q4FY23, the company’s total revenue climbed by 28.35% to Rs 173.91 crore from Rs 135.50 crore to Rs 173.91 crore in the similar quarter the year …

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