Stocks/Share Market - Angel One

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Aarti Industries Breaks Out; Mutual Funds Increase Stake in the Stock

12 April 2024

About Aarti Industries AIL, the flagship company of the Aarti group, manufactures organic and inorganic chemicals at its major facilities in Vapi, Jhagadia, Dahej, and Kutch in Gujarat, and in Tarapur in Maharashtra. The company holds a strong market position in the NCB-based specialty chemicals segment. Additionally, the company commissioned a Greenfield Nitrotoluene facility in …

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Technical Picks to Keep an Eye On: Tata Consumer Products and Birla Corp

12 April 2024

Tata Consumer Products and Birla Corp are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction and the potential to bounce back and breakout. Currently trading at Rs 1,153.40 and Rs 1,528.60 respectively, their price aligns with positive signals from technical indicators …

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Top Sectors to Watch During Election 2024: Infrastructure, Railways, and Defense

12 April 2024

As India gears up for the 18th Lok Sabha elections spanning from 19th April to 1st June 2024, Prime Minister Modi’s address at the India Today Conclave 2024 resonated with a vision of progress and development. Emphasizing key pillars such as government schemes, startups, digital revolution, women empowerment, and ‘Mission 2047’, PM Modi articulated a …

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Happiest Minds Teams Up with ENERCON to Power Up On-Shore Wind Energy

12 April 2024

On April 12, 2024, Happiest Minds Technologies Limited announced a significant collaboration with ENERCON, a leader in wind energy technology. This strategic partnership positions Happiest Minds as a long-term development partner, supporting ENERCON’s groundbreaking efforts to expand its on-shore wind energy footprint. A Collaborative Approach To ensure seamless collaboration and efficient project delivery, Happiest Minds …

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Paisalo Digital Ramps Up Growth with Secured NCD Issuance

12 April 2024

Paisalo Digital Limited, a prominent player in India’s non-banking financial services (NBFC) sector, announced a strategic move to bolster its financial resources. On April 12, 2024, the company revealed plans to raise funds through the issuance of Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs). This approach indicates Paisalo Digital’s commitment to sustainable growth and its …

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TCS FY24-Q4 Earnings: What Are The Markets Expecting?

12 April 2024

The Large Cap TATA Group Cash Cow had reported decent Q3 results and is also up by 8% (trading at Rs.4007 a piece) from its Q3 result posting date. The stock has made a 52-week high of about Rs.4254.75 on the 18th of March,2024. The upcoming direction for the stock is heavily dependent on its …

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Anil Ambani Dragged to Court Again: Reliance Infrastructure Suffers

12 April 2024

The Apex Court of India on Wednesday set aside a reward worth Rs.8000 crores for Delhi Airport Metro Express Private Limited (DAMEPL) about a legal battle with Delhi Metro Rail Corporation (DMRC) in a case dated back to 2008 by deciding in favour of DMRC, The Apex court has asked the DAMEPL to refund the …

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Manorama Industries Strengthened Its Capex to 40,000 TPA

12 April 2024

On April 12, 2024, a global pioneer in the manufacturing of Cocoa Butter Equivalents, specialty fats & butter, and other exotic fats, Manorama Industries Limited, announced the commissioning process at its new state-of-art fractionation plant, boasting a 25,000-tonnes per annum (TPA) capacity. This will lead to the Company’s total fractionation capacity to 40,000 TPA. “It …

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RattanIndia Enterprises On Growth Trajectory: Revolt Launched First COCO Store

12 April 2024

On April 12, 2024, Revolt Motors, India’s No.1 electric bike company and a flagship brand of RattanIndia Enterprises Limited, announced the inauguration of its first Company-Owned Company-Operated (COCO) store in Karol Bagh, Delhi. The company further stated that the COCO store, which is more than 1800 square feet in size, presents a visual feast for …

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Vodafone Idea FPO: The Company Gears Up to Raise ₹18,000 Cro Via FPO

12 April 2024

Cash-strapped telecom operator Vodafone Idea Limited (VIL) has announced a Follow-on Public Offer (FPO) aiming to raise ₹18,000 crore. This crucial fundraising effort, announced on April 10, 2024, comes at a critical juncture for VIL, aiming to bolster its financial standing and fuel future growth in India’s fiercely competitive telecom market. Navigating a Challenging Landscape …

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