Stocks/Share Market - Angel One

Significant Volume Surge and Price Increase Shares of Autoline Industries were seen trading higher by 10% on Wednesday, marking a significant uptick in the stock’s performance. The total volume traded on the NSE surged by nearly 9 times compared to the 30-day average volume of 5.84 lakh shares. This impressive movement has propelled the stock …

Introduction Larsen & Toubro (L&T), a leading Indian multinational engaged in EPC projects, Hi-Tech manufacturing, and services, has recently secured a significant order to construct a state-of-the-art automobile manufacturing plant. This new development highlights L&T’s continued excellence and leadership in the construction and engineering sector. Details of the Order The order falls under the Buildings …

eMudhra Limited has announced a definitive agreement to acquire 100% of Sendrcrypt Technologies Inc, based in New Jersey, USA, for USD 3 million. This acquisition will be carried out through eMudhra Inc, USA, its wholly owned subsidiary. Sendrcrypt specialises in providing high-quality email security solutions to safeguard digital communications. Its flagship product, the Sendrcrypt Email …

Sterlite Technologies Limited has unveiled its new high-density 864F Micro Cables, engineered to provide fast and uninterrupted connectivity for dense fibre networks in the US. Featuring an impressive fibre density, the 864F Micro Cable can house 864 fibres within a diameter of just 11.4 mm, offering 1.5 times more fibres than a standard micro cable …

Advait Infratech Limited announced the incorporation of its wholly owned subsidiary, A&G Hydrogen Technologies Private Limited. This new entity, with an authorised capital of ₹1,00,000 divided into 10,000 equity shares of ₹10 each, marks a strategic expansion in Advait Infratech Limited’s commitment to green energy solutions. It was incorporated on July 26, 2024. Advait Infratech …

On July 31, 2024, Godrej Properties Limited announced the acquisition of a ~46-acre land parcel in Indore, marking a significant expansion in its real estate portfolio. This strategic acquisition is poised to cater to the growing demand for residential real estate in the city. The land, situated just off the Indore-Ujjain Road, is in a …

UGRO Capital, a leading DataTech NBFC focused on MSME lending, has achieved a significant milestone by securing the highest rating of ‘IND A1+’ for its short-term Commercial Papers (CPs) from India Ratings and Research (Ind-Ra). This top-tier rating underscores the company’s robust financial performance, strategic acumen, and consistent growth trajectory. In addition to the CP …

Hindustan Petroleum Corporation Limited (HPCL) is actively pursuing long-term liquefied natural gas (LNG) import deals as it prepares to commence operations at its 5 million ton per year (MTPA) LNG terminal in western India by the end of this year. The company aims to commission the Chhara LNG terminal in November or December, weather permitting, …

The Competition Commission of India (CCI) has given its green light to the proposed amalgamation of Mangalore Chemicals & Fertilizers Limited (MCFL) with Paradeep Phosphates Limited (PPL) and the subsequent acquisition of MCFL’s equity shares by Zuari Maroc Phosphates Private Limited (ZMPPL). Both MCFL and PPL are key players in the production and marketing of …

Torrent Power Limited has announced the incorporation of a wholly-owned subsidiary, Torrent Urja 18 Private Limited (TU18), on July 30, 2024. This strategic move positions the company to actively participate in the burgeoning hydrogen and renewable energy sectors. TU18 has been established with a broad scope of operations encompassing the manufacturing, processing, and distribution of …