Stocks/Share Market - Angel One

Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. It is a pioneer in the field of wind energy, it currently has a presence in 17 countries and has installed over 12,860 wind turbines across 6 continents. The company has received its first order from Oyster Green …

Cummins India, a prominent player in the engineering sector, experienced a significant drop in its share price, tumbling by 6%. This decline came in response to the management’s cautious outlook on the company’s export business, which has raised concerns among investors. Financial Performance in Q4FY24 In Q4FY24, Cummins India reported a mixed financial performance. The …

On May 31, 2024, PTC India Financial Services Limited announced its financial performance for the quarter and the full year that concluded on March 31, 2024. Highlights for Q4 FY 2024 and FY 2024 For the fourth quarter of the fiscal year 2024, the company achieved a Profit After Tax (PAT) of ₹13.85 crore. Over …

Waaree Renewable Technologies Limited (WAAREERTL), a leading player in India’s clean energy sector, announced the successful acquisition of a new solar power project contract. The company received a Letter of Award (LOA) for the engineering, procurement, and construction (EPC) works associated with a 26.4 MW DC capacity solar power project. Project Scope and Responsibilities This …

On May 31, 2024, PVR INOX announced that they had launched a 3-screen multiplex at Machilipatnam, Andhra Pradesh. The company stated that this is their first multiplex at Varam Central Mall in Machilipatnam, Andhra Pradesh. With a seating capacity of 872 guests, it marks PVR INOX Limited’s first establishment in Andhra Pradesh after the merger …

On May 31, 2024, Suzlon Group informed in an exchange filing that the company had secured a new order win to develop an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of …

Dr Reddy’s Laboratories has announced that its wholly-owned subsidiary, Aurigene Oncology Limited (formerly Aurigene Discovery Technologies Limited), has invested ₹649,99,99,520 (approximately ₹6,500 million) in Aurigene Pharmaceutical Services Limited (APSL). Aurigene Pharmaceutical Services Limited issued 11,60,71,420 equity shares to AOL on May 30, 2024, at ₹10 each, with a premium of ₹46 per share. Aurigene Pharmaceutical …

On May 31, 2024, Tilaknagar Industries Limited announced the launch of a new flavour innovation under its Flandy (premium-flavoured Brandy) range. Mansion House Flandy has now been launched in an all-new Green Apple flavour in the state of Telangana, to start with. The company stated that they have seen a very encouraging response to its …

Tube Investments of India Limited (TIIL), a leading player in the Indian engineering industry, announced a significant move to solidify its position in the burgeoning electric vehicle (EV) market. Through its wholly-owned subsidiary, M/s. Tl Clean Mobility Private Limited (TICMPL), TIIL, has acquired a controlling stake in M/s. IPLTech Electric Private Limited (IPLT). Acquisition Details …

On May 31, 2024, DroneAcharya Aerial Innovations Limited announced its financial results for the financial year ended 2024. The company achieved a 90% year-on-year growth in revenue. Financial Highlights of FY 2024 Standalone: In FY 2024, DroneAcharya Aerial Innovations Limited’s total income was ₹3,735.32 lakh, up by 95.20% compared to ₹1,913.55 lakh in FY 2023. …