Stocks/Share Market - Angel One

On May 16, 2024, Persistent Systems informed the stock exchanges that it had attained Premier Services Partner status with Snowflake, the leading Data Cloud provider. This Premier Services Partner status will enable Persistent Systems to expedite clients’ data transformations, harnessing the Snowflake Data Cloud’s agility, precision, and scalability. This milestone reaffirms Persistent Systems’ dedication to …

On May 16, 2024, Rushil Decor announced its strategic expansion into South America in a stock exchange filing. Rushil Decor, which has already exported to more than 50 countries, aims to enter one of the world’s largest Medium-Density Fiberboard (MDF) markets. Mr Rushil Thakkar, Executive Director, expressed optimism about expanding within the lucrative global wood …

Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bangalore. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. Hindustan Aeronautics Ltd.(HAL) has reported its Q4 FY 2023-24 results today in the live market, the stock went up …

Mahindra & Mahindra (M&M) announced its Q4FY24 earnings today, revealing a substantial 32% increase in standalone profit, reaching Rs. 2,038 crore compared to Rs. 1,549 crore in the same period last fiscal year. Revenue from operations totaled Rs. 25,109 crore, with EBITDA rising to Rs. 3,119 crore, a 12% surge from Q4FY23’s Rs. 2,789 crore. …

In a significant move in India’s private equity landscape, Bain Capital, in partnership with Temasek, has positioned itself to challenge Blackstone for a majority stake in Haldiram Snacks Food Pvt Ltd. This potential acquisition could mark India’s largest private equity purchase to date, sparking competition in the market. Valuation and Offer The Bain-Temasek alliance recently …

The benchmark index S&P BSE 500 opened today at 32,913.12 and made its day high at 32,940.97, and it is trading in green today, up by around 0.20%. From the same space, these are the 3 companies which surpassed the benchmark index and were up by more than 5% today. Oberoi Realty Ltd Shares of …

Maithan Alloys Limited, a prominent player in the Indian metals industry, announced the strategic acquisition of shares in two leading defence companies: Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL). This move signifies Maithan Alloys’ commitment to diversifying its investment portfolio and capitalising on long-term growth prospects within the Indian defence sector. Investment Objectives …

Investing in penny stocks can be an exciting option for retail investors, given their low price and potential for high returns. These stocks are priced very low, often below ₹10 per share, and have high volatility. However, it’s crucial to tread carefully, as these stocks can also be risky. One way to mitigate some of …

One of India’s oldest and biggest corporations, the Tata Group, was created in 1868 by Jamsetji Tata. Initially established as a trading company, Tata Group diversified into various sectors, including steel, automobiles, telecommunications, and hospitality. Tata Steel, founded in 1907, quickly became a prominent player in the global steel industry as India’s first integrated steel …

Hindustan Unilever Ltd. (HUL) is a British-owned Indian FMCG(Fast Moving Consumer Goods) company headquartered in Mumbai. It is a subsidiary of the British company Unilever. The Delhi High Court has halted the FMCG Giant from pursuing comparative promotions of Ponds and Nivea that can cause potential harm to the business of Nivea. Ruling of the …