Stocks/Share Market - Angel One

On May 8, 2024, Larsen & Toubro (L&T) informed the stock exchanges that the company’s Power Transmission & Distribution (PT&D) business had received multiple orders globally, which testifies to its leading position in the clean energy space in India. The PT&D business has won orders to set up two Floating Solar Plants in India, comprising …

Small-Caps: A Breeding Ground for Exponential Growth Small-cap companies, generally defined as those with a market capitalization between Rs 500 crore and Rs 5,000 crore, are captivating investors with their potential for explosive growth. Their agility, adaptability, and ability to cater to niche markets position them for remarkable expansion. While they may involve a higher …

REC Ltd. is a Maharatna company under the administration of the Ministry of Power, It is registered with RBI  as a Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). The company is set to raise Rs.6000 crores through bonds which have been accredited with the highest credit rating of ‘AAA …

Paytm is an Indian multinational fintech company that specialises in digital payments, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications Ltd. One97 Communications Limited, which runs Paytm, has seen its market share drop to a new low of 8.4% in April this year from 13.3% the company …

In recent times, there has been a notable surge in Foreign Institutional Investors (FIIs) showing greater interest in small-cap stocks, particularly those with a market capitalization below Rs 5000 crore. A closer examination of the top 10 stocks displaying significant growth in FII holdings, in terms of percentage, compared to their five-year average, reveals intriguing …

United Breweries Limited (UBL) is a leading company in the breweries and distilleries industry that operates in the production and distribution of beer and non-alcoholic drinks. The company markets its offerings primarily under renowned labels like Kingfisher and Heineken. Financial Performance  United Breweries Limited (UBL) reported a consolidated net profit of Rs 81.55 crore for …

On May 7, 2024, Patel Engineering Limited informed in an exchange filing that the Office of the Executive Engineer, Government of Maharashtra, has announced the company, along with its Joint Venture Partner, as Lowest (L1) for a ₹342.76 crore contract. The work involved in this contract is the construction of the water lifting arrangement for …

On May 7, 2024, LTIMindtree Limited informed the exchanges that it is collaborating with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India. This co-innovation centre aims to combine the power of the IBM watsonx AI and data platform with LTIMindtree’s engineering skills. Open innovation drives the growth of enterprise …

On May 8, 2024, RattanIndia Enterprises Limited informed the stock exchanges that its electric mobility arm, Revolt Motors, revealed new pricing for its popular RV400 and RV400 BRZ models, making them even more affordable than ever. The ex-showroom price of the RV400 model now starts at ₹1,49,950. It offers excellent value to riders looking for …

On May 7, 2024, Tata Elxsi informed the stock exchanges that it has partnered with Arm, a global semiconductor design and software platform company. Together, the companies aim to offer advanced solutions on the latest Arm® processors, expediting Automotive OEMs’ and Tier-1s’ transition to software-defined vehicles (SDVs). The automotive landscape is shifting towards software-defined vehicles …