Stocks/Share Market - Angel One

PVR, founded in June 1997, has been operating for 27 years and employs over 20,000 people. Priya Village Roadshow Ltd and known for PVR Cinemas, is an Indian multiplex chain based in Delhi. It was formed through the merger of PVR Cinemas and INOX Leisure Multiplex. PVR pioneered the multiplex revolution in India by opening …

Introduction PVV Infra Limited, a player in the infrastructure and solar power sector, has recently made headlines with its significant corporate announcement. On August 2, 2024, the company’s Board of Directors approved a 1:1 bonus share issue, sparking a surge in investor interest and propelling the stock to hit its upper circuit limit. Let’s delve …

Introduction Infibeam Avenues Ltd, a leading AI-powered fintech company, announced a significant acquisition. The company has entered into a definitive agreement to acquire a 54% stake in Rediff.com India Ltd., marking a major milestone in its expansion into digital financial services. This news has led to a notable rally in Infibeam’s stock, which surged over …

Shakti Pumps Soars on Positive News On Friday, Shakti Pumps (India) Limited witnessed a significant surge in its stock price, hitting the upper circuit limit. This remarkable performance can be attributed to the recent announcement of a major order win, boosting investor confidence and driving the stock upwards.  Major Order Win from Uttar Pradesh Government …

In a significant corporate restructuring, Tata Motors Ltd. has revealed a comprehensive scheme of arrangement aimed at optimizing its business operations. The board has approved the demerger of its Commercial Vehicle (CV) business into a newly formed and separately listed entity, while Tata Motors Passenger Vehicles (TMPV) will merge with the existing listed company. Demerger …

Max Healthcare Institute Ltd. has announced plans to establish a new hospital in Mohali’s Zirakpur, Punjab. The project involves an investment of Rs.230 crore and aims to expand the company’s healthcare network. New Hospital Project Details The new facility will be a build-to-suit hospital with over 250 beds. Max Healthcare will enter into a long-term …

Kalyan Jewellers India Ltd. designs, manufactures, and sells a variety of gold, studded, and other jewelry items across different price ranges, it is one of India’s largest jewelry retailers in India by revenue. Financial Performance Kalyan Jewellers India Ltd. reported a 23.6% year-on-year (YoY) increase in net profit for Q1FY25, at Rs.177.8 crore,  a notable …

ITC, the second-largest FMCG company in India and the third-largest tobacco company globally, reported a marginal profit in Q1 FY25. The company operates across six segments: FMCG, hotels, agribusiness, information technology, paper products, and packaging, with the majority of its revenue coming from tobacco products. ITC employs 37312 people at over 60 locations in India, …

Pritika Auto Industries Limited has recently announced its highest ever monthly dispatch, reaching an impressive 3,550 tons in July 2024. This landmark achievement underscores the company’s robust operational capabilities and commitment to excellence. Commitment to Excellence The company has been consistently striving to enhance its production and distribution processes. This recent milestone is a testament …

Netweb Technologies India (NTI) is a top provider of high-end computing solutions (HCS) in India, offering design and manufacturing services. Yesterday, shares of Netweb Technologies worth Rs.459 crore were sold in a block deal which consisted of approximately 20.5 lakh shares, representing a 3.64% stake in the company. The shares were exchanged at an average …