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Stocks/Share Market - Angel One

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

23 May 2024

During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Bank of Maharashtra Ltd Bank of Maharashtra’s stock is currently trading at Rs 68.95, up 2.07% from the previous close of Rs 67.55. Today’s trading session saw a significant volume spike with 32,716,023 …

Fine Imposed by Exchanges on PSE Due to Non-Compliance: Read the Details

Fine Imposed by Exchanges on PSE Due to Non-Compliance: Read the Details

23 May 2024

Terrific Thursday for Bulls Thursday is turning out to be a terrific session for the bulls on D-Street. The NSE benchmark Nifty 50 index has hit a fresh all-time high, surpassing the 22,800 mark for the first time ever. Meanwhile, the BSE Sensex is trading above the 75k mark, with the Nifty near the 22,850 …

Tech Mahindra Partners With Fuji TV To Produce Content Globally

Tech Mahindra Partners With Fuji TV To Produce Content Globally

23 May 2024

Tech Mahindra, The Indian Multinational Information Technology services and consulting company has partnered with Fuji Television which has maintained its status as an innovative leader in Japan’s Television industry since its establishment. Both companies will partner to produce content globally. How Will Tech Mahindra Assist Fuji TV? Tech Mahindra in a statement has mentioned that …

PNC Infratech Emerges As The Lowest Bidder for 2 Orders Worth Rs.4,994 Cr from MSRDC

PNC Infratech Emerges As The Lowest Bidder for 2 Orders Worth Rs.4,994 Cr from MSRDC

23 May 2024

PNC Infratech is a well-known infrastructure company, specializing in various projects such as highways, airport runways, bridges, and power transmission ventures. The company offers end-to-end infrastructure solutions, including EPC services on a fixed-sum turnkey basis. PNC Infratech Wins Bid for Maharashtra Road Projects PNC Infratech has secured the position of the lowest bidder (L1) for …

ITC Q4FY24 results – Net Profit dips 1.3%

ITC Q4FY24 results – Net Profit dips 1.3%

23 May 2024

ITC announced its Q4 FY24 results today, the company’s revenue surged by 1.1% to reach Rs.16,579 crore, reflecting a growth trajectory. However, net profit witnessed a marginal decline of 1.3% to Rs.5,020 crore, because of flattened cigarette sales. Similarly, EBITDA figures also exhibited a slight reduction, down by 0.8% to Rs 6,162 crore along with …

Saregama Released  Q4 FY2024 Results: Revenue Soared 29%

Saregama Released Q4 FY2024 Results: Revenue Soared 29%

23 May 2024

On May 23, 2024, Saregama, an RPSG Group company, announced its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance Operating Revenue for the company in Q4 FY24 was ₹2,631 million, expanding at a rate of 29% YoY and QoQ. The adjusted EBITDA of ₹864 million showed a 40% …

Surana Solar Hits Upper Circuit, Ventures into Defence Business

Surana Solar Hits Upper Circuit, Ventures into Defence Business

23 May 2024

The Indian stock market witnessed a historic moment as the NSE benchmark Nifty 50 index soared past the 22,800 mark for the first time ever. This remarkable achievement was driven primarily by strong performances in the banking sector, with the Bank Nifty index surging nearly 1.5%, hovering close to the 48,500 mark. However, amidst this …

SpiceJet to Enhance Delhi-Bangkok Route with Airbus A340 Upgrade

SpiceJet to Enhance Delhi-Bangkok Route with Airbus A340 Upgrade

23 May 2024

On May 23, 2024, prominent airline company SpiceJet announced in a stock exchange filing that it will upgrade its daily Delhi-Bangkok flight to a wide-body Airbus A340, replacing the narrow-body Boeing 737. This upgrade will expand the seating capacity to 324 passengers per flight on the route, catering to the high demand during the holiday …

Delhivery Bolsters Partnership with SUGAR Cosmetics for B2B Shipments

Delhivery Bolsters Partnership with SUGAR Cosmetics for B2B Shipments

23 May 2024

On May 23, 2024, Delhivery Limited informed the stock exchanges that the company had partnered with SUGAR Cosmetics for Pan-India B2B shipments. Delhivery, India’s largest integrated logistics service provider, will drive the pan-India end-to-end B2B operations for the prominent beauty brand SUGAR Cosmetics, further strengthening their relationship. Delhivery has been a long-standing partner for SUGAR …

Reliance Industries tops India’s profitability chart for FY24

Reliance Industries tops India’s profitability chart for FY24

23 May 2024

Most Profitable Companies in India for FY24 Reliance Industries Limited (RIL) has emerged as the most profitable company in India for the financial year 2023-24, with a net profit of Rs 79,020 crore. This remarkable performance solidifies its position at the top of the corporate profitability rankings in India. Following closely is HDFC Bank Limited, …

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