Stocks/Share Market - Angel One

One of the world’s leading providers of design-led technology services, Tata Elxsi Limited, recently released its operational and financial results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance The company recorded revenue from operations amounting to ₹905.9 crore, reflecting a growth of over 8.1% on a year-over-year (YoY) basis. …

SBI Card, India’s leading pure-play credit card issuer, unveiled its first travel-focused credit card program, SBI Card MILES, on April 23, 2024. This has been designed to cater to all types of travellers, from those with occasional travel aspirations to frequent fliers and travel enthusiasts. SBI Card MILES offers a comprehensive suite of benefits. SBI …

On April 22, 2024, Shish Industries Limited (SIL) informed in an exchange filing that the company had signed a trade agreement with Best Construction Products Inc. (BCP), a USA-based entity, for a period of five years, for a minimum export of USD 37.5 million (approximately ₹312 crores present value). Details of the Collaboration Shish Industries …

Patel Engineering Ltd. is an Indian construction company that specializes in constructing dams, bridges, tunnels, roads, and other heavy civil engineering projects, focusing on hydro, irrigation, urban infrastructure, and transportation sectors. Patel Engineering is a listed company in the Indian stock market with a market cap of Rs.5,028 Cr, The Promoter holding for the stock …

The domestic indices showed robust upward momentum, with metals, real estate, and healthcare sectors leading the gains. Broad market sentiment also reflected strong investor optimism. However, telecommunications stocks experienced a significant correction today following a strong rally in the previous trading session. At 10:05 am, the BSE Sensex surged 0.36% reaching a level of 73,994. …

On April 23, 2024, AU Small Finance Bank (AU SFB) launched various products, which include Rupay credit card and ATM insurance. The small finance bank released 2 innovative credit cards, a Secured Credit Card – NOMO (No Missing Out) and an AU SPONT Rupay Credit Card, developed in collaboration with VISA and National Payments Corporation …

On April 23, 2024, Summit Securities Limited informed in an exchange filing that the company’s wholly-owned subsidiary, Instant Holdings Limited, had entered into an agreement with Kojak Knits Private Limited. Details of the Agreement  Instant Holdings Limited has signed an agreement or Memorandum of Understanding (MOU) with Kojak Knits Private Limited to sell Instant Holdings’ …

Leading global pharmaceutical company Lupin Limited (Lupin) recently announced positive news regarding their Aurangabad manufacturing facility in India. The company has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) following an inspection conducted from March 6th to March 15th, 2024. The US FDA classification of “Voluntary Action …

IIFL Finance Ltd, a diversified non-banking financial company (NBFC) in India, provides a range of financial services through its subsidiaries. It offers various products including gold loans, business loans, home loans, microfinance, capital market finance, construction finance, etc. It is a listed company with a market cap of Rs.17,539 Cr. Additionally, it is among the …

The Tata Group Company reported its fourth-quarter results on Tuesday, April 23 reporting a drop of about 22.5% in net profit to  Rs.267.7 crores which is below estimates. Though there is a rise in revenue. Breakdown of Results Tata Consumer Products in the fourth quarter has reported a rise of 8.5% in its revenue from …