Stocks/Share Market - Angel One

Affle (India) and APL Apollo Tubes are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, the potential to bounce back and breakout. Currently trading at Rs 1579.05 and Rs 1126.35 respectively, their price aligns with positive signals from technical indicators like …

The automobile sector plays a significant role in macroeconomic expansion and technological advancement, making the industry a proven indicator of economic growth. Due to a large proportion of India’s population being under 30 and a developing middle class, the two-wheeler segment leads the market in terms of volume. India is the world’s largest tractor maker, …

On May 2, 2024, Datamatics Global Services Limited informed the stock exchanges that it has been recognised as a ‘Major Contender’ in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024. The company stated that this is the sixth year in a row that the Everest Group, a leading research firm, has recognised …

Infosys Limited, a global leader in next-generation digital services and consulting, announced a significant achievement on May 2nd, 2024. The company secured a prestigious position as a Leader in The Forrester Wave™: Application Modernization and Migration Services, Q1 2024 report. This recognition highlights Infosys’ exceptional capabilities in empowering businesses to leverage modern applications. Infosys’ leadership …

On May 01, 2024, GE T&D India Ltd, a listed entity of GE Vernova’s Electrification business in India, announced through an exchange filing that it had won an order from Power Grid Corporation of India Ltd (PGCIL) to develop a State Transmission Asset Management Centre (STAMC) in Odisha, India, for Odisha Power Transmission Corporation Limited …

The stock of Mahindra and Mahindra, The Automobile Company located in Mumbai has reached its new 52-week high of Rs.2204 by jumping over 2% in the morning session after the company announced that its overall sales have jumped by 13% at 70,471 vehicles in April, The stock has rallied around 50% in the past 6 …

A Rapid Ascent IndiGo Airlines, owned by InterGlobe Aviation, launched its commercial operations in 2006 as a private company and went public in 2015. Following a low-cost carrier (LCC) business model, IndiGo has swiftly ascended to become the largest airline in India, boasting over 60% of the domestic market share. As of December 2023, it …

The iconic Godrej group, a name synonymous with a diverse range of industries from soaps to real estate, has undergone a significant restructuring. On Tuesday, a filing announced the realignment of the group’s shareholdings into two separate entities: Godrej Enterprises and Godrej Industries. This realignment is aimed at addressing differing family visions and fostering strategic …

On May 2, 2024, Tata Communications announced in an exchange filing that the company adopts a Sustainability-Linked Loan (SLL) framework to align all future long-term debt financing with its environmental commitments. The initiative, a first of its kind in the sector in India, highlights the company’s unwavering dedication to responsible business practices and sustainability leadership. …

On May 2, 2024, L&T Technology Services (LTTS) informed the stock exchanges that the company had signed a strategic partnership with FORVIA. The partnership represents an approximately €45 million contract for Engineering development activities for the benefit of its Clean Mobility division. As part of this five-year partnership, approximately 300 engineers from FORVIA’s Augsburg (Germany) …