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Stocks/Share Market - Angel One

LIC Increases Shareholding in HUL to 5.01%

LIC Increases Shareholding in HUL to 5.01%

16 April 2024

On April 15, 2024, Life Insurance Corporation of India (LIC) informed in a stock exchange filing that the company had increased its shareholding in Hindustan Unilever Limited (HUL). Details of the Acquisition Life Insurance Corporation of India has increased its shareholding in HUL from 11,74,63,555 equity shares to 11,77,18,555 equity shares, i.e., 4.99% to 5.01% …

Hitech Corporation Ltd To Incorporate a Subsidiary in the USA

Hitech Corporation Ltd To Incorporate a Subsidiary in the USA

16 April 2024

On April 15, 2024, Hitech Corporation Ltd informed in an exchange filing that the company’s board of directors held a meeting and approved the proposal to incorporate a wholly-owned subsidiary in the United States of America (USA). Details of the Wholly Owned Subsidiary On Monday, the board of directors of Hitech Corporation Ltd approved the …

Jio Financial and BlackRock Join Hands For Wealth Management & Broking Business

Jio Financial and BlackRock Join Hands For Wealth Management & Broking Business

16 April 2024

Jio Financial Services, The financial subsidiary of Reliance Industries, witnessed a significant surge of 5% during today’s intraday session, reaching Rs.371.95 per share. This increase follows the company’s announcement, made through an exchange filing on Monday, regarding the signing of an agreement to establish a 50:50 joint venture with BlackRock.  What Has Been Said? “BlackRock, …

Cipla Limited Expands Portfolio with Ivia Beaute Acquisition

Cipla Limited Expands Portfolio with Ivia Beaute Acquisition

16 April 2024

On April 15, 2024, Cipla Ltd announced in a stock exchange filing that the company’s wholly-owned subsidiary, Cipla Health Limited (CHL), has signed a business transfer agreement (BTA) to purchase the distribution and marketing business undertaking of the cosmetics and personal care business of Ivia Beaute Private Limited, India (IVIA). This undertaking includes IVIA’s brands, …

A Quick Look At GTPL Hathway’s FY2024 Results: Surpassed  ₹3,000 Crore in Revenue

A Quick Look At GTPL Hathway’s FY2024 Results: Surpassed ₹3,000 Crore in Revenue

16 April 2024

GTPL Hathway Limited, the leading and largest multi-system operator (MSO) in India, released its results for the quarter (Q4 FY2024) and financial year ending March 31, 2024. During the quarter ended March 31, 2024, the company recorded a YoY growth of 16% in revenue to ₹ 8,148 million. In addition, the subscription and broadband revenue …

Elpro International Boosts Thyrocare Holdings to 1,29,418 Shares

Elpro International Boosts Thyrocare Holdings to 1,29,418 Shares

16 April 2024

On April 15, 2024, Elpro International Ltd informed in an exchange filing that the company acquired a stake in the healthcare service provider Thyrocare Technologies Limited. Details of the Acquisition  On Monday, Elpro International Ltd acquired 89,435 equity shares in Thyrocare Technologies Limited. Previously, Elpro International held 39,983 equity shares in Thyrocare Technologies. With this …

ICICI Lombard Acquires Stakes in Kotak Mahindra Bank and SRF Limited

ICICI Lombard Acquires Stakes in Kotak Mahindra Bank and SRF Limited

16 April 2024

On April 15, 2024, ICICI Lombard General Insurance Company Limited announced in a stock exchange filing that the company acquired shares in Kotak Mahindra Bank Limited and SRF Limited. Details of the Acquisition  ICICI Lombard General Insurance Company acquired a stake in Kotak Mahindra Bank Limited and SRF Limited. Post-acquisition, ICICI Lombard General Insurance Company …

Radico Khaitan To Strengthen Its Presence In Global Market By Rolling Out New Product

Radico Khaitan To Strengthen Its Presence In Global Market By Rolling Out New Product

16 April 2024

One of the leading liquor companies in India, Radico Khaitan Limited, launched The Kohinoor Reserve Indian Dark Rum at the IAADFS Summit of the Americas in Florida, USA, from April 14 to 17, 2024. The company further added that The Kohinoor Reserve Indian Dark Rum is crafted via small-batch distillation, using only fresh cane juice …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

16 April 2024

The benchmark index S&P BSE 500 opened today at 32,168.83 and touched an intraday high of 32,378.45, and currently trading at around 32,319 down by 0.14%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Exide Industries Limited Exide Industries is …

Upper Circuit Stocks Today – 16 April, 2024

Upper Circuit Stocks Today – 16 April, 2024

16 April 2024

On Tuesday, the benchmark indices were trading in the red with the Sensex down around 340 points or 0.46% at 73,061, while the Nifty-50 was down around 71 points or 0.32% at 22,203. About 2,342 shares have advanced; 1,175 declined and 149 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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