Stocks/Share Market - Angel One

Bikaji Foods International Limited, a leading name in the FMCG sector, has announced an additional investment of up to $500,000 (approximately Rs 4.15 crores) in its wholly-owned subsidiary, Bikaji Foods International USA Corp. This move aligns with its long-term strategy to strengthen its distribution network and expand its footprint in the U.S. market, enhancing its …

Adani Green Energy Ltd. announced its decision to cancel a $600-million dollar-denominated bond issuance. This follows bribery allegations filed by US federal prosecutors against key Adani Group executives, including founder Gautam Adani. The company cited these legal developments as the reason for deferring the planned bond offering in a regulatory filing. Allegations & Legal Proceedings …

Ramco Systems Triumphs in Asia’s HR Space Ramco Systems, a leader in global payroll software, has added another feather to its cap by winning 5 prestigious awards at the HR Vendors of the Year 2024 event. The company stood out with its transformative payroll platform, Ramco Payce, which continues to redefine payroll management in the …

State Bank of India (SBI), India’s largest public sector bank, saw its share price tumble by 4.48% today, on November 21, 2024, trading at Rs.767.00. This drop comes even as the bank posted a good set of quarterly numbers, leaving investors wondering what’s driving the decline. What’s Happening in the Market? SBI’s stock opened at …

Tata Motors shares have recently seen major fluctuations, hitting an 11-month low. On November 21, 2024, the stock closed at Rs.768.95, down 1.82% from the previous trading session. After opening at Rs.784.95, it reached an intraday high of Rs.784.95 and a low of Rs.766.25, marking the fifth consecutive session below Rs.800, raising concerns.  Currently, the …

Bharat Global Developers Ltd, formerly known as Kkrrafton Developers Ltd, witnessed a significant surge in its stock price on November 21, 2024, hitting the upper circuit. The rally followed a substantial announcement regarding high-value orders secured by its Dubai-based wholly-owned subsidiary. Key Announcement The company disclosed to the BSE that its subsidiary had bagged prestigious …

Suzlon Energy’s shares are making it to the news again, bouncing back after a major drop. The stock, which hit a 52-week high of Rs.86.04 in September 2024, fell nearly 28% in two months but seems to be recovering. As of today, it’s trading at Rs.64.39, climbing over 4% after three days of upper circuits. …

Honasa Consumer Limited, the parent company of well-known brands like Mamaearth, saw its share price hit an intraday high of Rs 269.30 on NSE today. This notable uptick follows the company’s proactive response to recent misinformation campaigns and its strategic initiatives to streamline its distribution model. Clarifications Amidst Misinformation Recently, Honasa has been in the …

BEML Limited, a well-known manufacturer of heavy equipment, has secured an Rs.246.78 crore order from Central Coalfields Limited (CCL) which includes the supply of 48 BH60M rear dump trucks, along with spares and after-sales service support for five years. Why It Matters This order is another feather in the cap for BEML, which already sees …

Founded in 1884, GRSE boasts a long and esteemed history, positioning it among the oldest shipyards in India. Throughout the years, the company has built a reputation as a dependable and trustworthy collaborator for clients both at home and abroad. Equipped with cutting-edge facilities and a talented workforce, GRSE is adept at producing high-quality vessels …