Stocks/Share Market - Angel One

On November 14, 2024, Indian stock market indices, the BSE Sensex fell by 0.14% to close at 77,580.31. The Nifty50 on the other hand, declined by 0.11% closing at 23,532.70. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day:  Stock Name Symbol Last Trading Price (₹) % …

India’s automobile sector has witnessed dynamic shifts, with Maruti Suzuki India (MSIL) and Hyundai Motor India (HMI) competing for market leadership. Maruti Suzuki, a long-standing player, is known for its expansive product portfolio and dealer network, while Hyundai Motor India, newly listed on Indian exchanges, has generated significant investor interest due to its technological advancements …

Benchmark indices BSE Sensex and NSE Nifty50 closed the week’s final trading session in the red. Both exchanges, BSE and NSE, will be closed tomorrow, Friday, November 15, 2024, in observance of Prakash Gurpurb Sri Guru Nanak Dev Jayanti, making today the last trading day of the week. The BSE Sensex dropped by 110.64 points, …

Impressive Surge in Net Profit National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has posted a remarkable 415% increase in its net profit for the quarter ended September 2024. The company’s net profit surged to ₹1,062 crore, compared to ₹206 crore in the same period last year, …

On November 13, 2024, Arkade Developers Limited, one of Mumbai’s leading real estate development firms, announced its financial results for the second quarter (Q2 FY25) and the first half (1H FY25) of the fiscal year, ending September 30, 2024.  During Q2 FY25, the company’s pre-sales collection grew 12% YoY to ₹215.36 crore while collections amounted …

On November 13, 2024, Gulshan Polyols, a leading manufacturer of specialty chemicals, reported a decline in net profit as profitability in its grain processing segment remained under pressure due to rising raw material costs.  Q2 FY25 Financial Highlights The revenue from operations in Q2 FY25 increased by 43.09%, rising to ₹44,047.46 lakhs from ₹30,783.02 lakhs …

Apollo Tyres Ltd., one of the top tyre producers in India and the world, was established in 1972. The company, which has its headquarters in Gurugram, Haryana, has grown from a minor regional player to a global enterprise that now serves more than 120 nations. Tires for passenger cars, commercial vehicles, two-wheelers, and off-road applications …

One of India’s leading public sector companies, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), focuses on shipbuilding and associated engineering services. The company was founded in 1884, and its main office is in Kolkata, West Bengal. One of India’s top shipyards and a significant player in the nation’s maritime history, GRSE is renowned for its …

On November 13, 2024, India Glycols Ltd (IGL), a specialty chemicals producer, announced a partnership with Bangalore-based Amrut Distilleries for the manufacture, distribution, and sale of select Amrut brands in the premium segment across markets in North India. Responsibilities and Roles in the Amrut-IGL Partnership Amrut will supply and oversee the blend, ensuring that its …

PI Industries faced a sharp decline in its share price, dropping over 9% on November 14, 2024, following a significant reduction in its revenue growth guidance for the financial year 2025. The company had previously forecasted a 15% revenue growth, but has now lowered expectations to high single-digit growth. This adjustment reflects ongoing challenges in …