Stocks/Share Market - Angel One

Vikas Lifecare Limited has announced a significant update on the acquisition of Ebix Inc. On July 26, 2024, the consortium, led by Eraaya Lifespaces Limited, remitted USD 14 million (approximately ₹117 crore), bringing the total payments made to date to USD 35.75 million (approximately ₹299 crore). The company stated that an additional USD 6.60 million …

Cosmic CRF Ltd recently announced significant new orders through a stock exchange filing, highlighting a robust demand for its products within the Indian rail industry. The company has secured contracts from 3 distinct Wagon Manufacturing Companies and 6 divisions of Indian Railways, collectively valued at ~₹2,560.41 lakh (inclusive of GST). Order Details First Order Gross …

Multi Commodity Exchange of India Limited (MCX) announced in a stock exchange filing that its Board of Directors, during a meeting on July 27, 2024, approved further investment in its associate company, India International Bullion Holding IFSC Ltd (IIBH). MCX will subscribe to the Rights Issue of 20 crore equity shares at ₹1 each, totalling …

Zen Technologies announced its unaudited financial results for the quarter ended June 30, 2024. Standalone Financial Highlights Q1FY25 In Q1 FY 2025, the company’s revenue grew 92% YoY to ₹253.96 crore. The operational EBITDA for the quarter stood at ₹103.20 crore, which is 56% higher than the EBITDA compared to the same period last year. …

Exicom Power Solutions B.V., a wholly-owned subsidiary of Exicom Tele-Systems Limited, has established a new wholly-owned subsidiary named Tritium Power Solutions Inc. in Delaware, USA. It has a share capital of 1,50,00,000 shares, each valued at $1. As a result, Tritium Power Solutions Inc. is now a step-down wholly-owned subsidiary of Exicom Tele-Systems Limited. The …

On July 28, 2024, Monarch Networth Capital Ltd, an integrated financial services firm listed on both stock exchanges, announced a strategic fundraising and a bonus share issue following a decisive board meeting. The company has secured an equity fundraising of ₹300 crore at ₹560 per share through preferential allotment. This move is championed by Promoter …

On July 28, 2024, The Board of Directors of UltraTech approved the purchase of a 32.72% equity stake in India Cements Limited from its promoters and their associates. In June 2024, UltraTech made a financial investment to acquire a 22.77% equity stake in India Cements at ₹268 per share. Following this investment, the promoter group …

On Monday, the benchmark indices were trading in the green with the Sensex up around 320 points or 0.39% at 81,650, while the Nifty-50 was up around 85 points or 0.34% at 24,920. About 2,421 shares have advanced; 794 declined and 126 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Man Infraconstruction Limited (MICL Group), a prominent player in the luxury residential real estate market, has reached a significant milestone with its Aaradhya OnePark project. This blog explores the factors contributing to this rapid success and what it means for the future of MICL Group. A Remarkable Achievement Launch and Initial Success Launched in January …

On July 29, 2024, Larsen and Toubro Ltd announced via a stock exchange filing that its Power Transmission & Distribution (PT&D) division has secured new orders to build substations and transmission lines in India, Saudi Arabia, and the UAE. These projects are vital for enhancing the global electricity network, supporting the shift to clean energy, …