Stocks/Share Market - Angel One

Megha Engineering & Infrastructures Ltd (MEIL) has brought some sunny news to Maharashtra by commissioning five solar power plants with a combined capacity of 19 megawatts (MW). These plants were inaugurated (virtually) by Prime Minister Narendra Modi under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM) scheme. It’s all part of a larger …

BSE Ltd.’s stock saw a huge five-day winning streak, culminating in a lifetime high today, as its subsidiary, Asia Index Pvt. Ltd., unveiled three new indices: BSE Sensex Sixty 65:35, BSE Sensex Sixty, and BSE Power and Energy. Despite reaching this stage, the stock experienced a drop later in the day, ending the rally by …

ITC is one of India’s foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri Business, and Information Technology. The company is acknowledged as one of India’s most valuable business corporations with a gross revenue of Rs. 69,446 crores and a net profit of Rs. …

With over 80,000 commercial products, India’s chemical industry is highly diverse. It can be categorised into bulk chemicals, speciality chemicals, agrochemicals, petrochemicals, polymers, and fertilizers. As the 6th largest chemical producer globally and the 3rd largest in Asia, it contributes 7% to India’s GDP. Currently valued at ~US$ 220 billion, the Indian chemical sector is …

Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increasing efficiency and costs. The government’s focus on building the infrastructure of the future has been evident given the slew of …

Gold has long been valued in India as a sign of wealth and financial stability. Traditionally, people invested in gold mainly through physical items like jewellery. However, with the introduction of modern financial products, investors can now also buy gold stocks, allowing them to take advantage of the gold market’s performance. However, It’s important to …

Shares of midcap company Suzlon Energy fell 5% to ₹70.98 during intra-day trading on October 7, 2024, marking its 8th straight day of losses. Since September 25, the renewable energy stock has dropped over 15%. This sharp decline followed a warning letter issued by both the BSE and NSE earlier this month. The exchanges raised …

On October 7, 2024, Hitachi Energy Ltd announced a two-day experiential technology symposium, Energy & Digital World 75 (EDW75), aimed at commemorating the company’s achievements and its commitment to advancing India’s Net-Zero journey. The event will be inaugurated by prominent figures, including Amitabh Kant, India’s G20 Sherpa, Andreas Schierenbeck, Global CEO of Hitachi Energy, and …

The state-owned REC has disbursed loans worth ₹90,955 crore during April-September of FY25, which represents a substantial increase of 20.10% compared to the same period last year. Notably, ₹11,297 crore of this total was allocated to green loans, marking a remarkable 92.68% surge year-on-year. In the September quarter of FY25, REC’s loan disbursements reached ₹47,303 …

On October 7, 2024, Wockhardt announced a significant advancement in its antibiotic development, focusing on new treatments for challenging drug-resistant bacterial infections that contribute to antimicrobial resistance (AMR) and its associated health issues. Recently, WCK 6777 (Ertapenem/Zidebactam), a unique once-daily, β-lactam enhancer-based antibiotic for multidrug-resistant (MDR) infections, completed a Phase I study conducted by the …