Stocks/Share Market - Angel One

The Dutch government and Tata Steel are working on a deal to shift the company’s Ijmuiden plant in the Netherlands to producing steel with lower carbon emissions. Tata Steel’s chairman, N Chandrasekaran, mentioned in the company’s yearly report that talks with the Dutch government on this decarbonisation plan have begun. They plan to replace one …

Best Agrolife Limited announced a positive development for its subsidiary, Best Crop Science Private Limited. The subsidiary has secured a license from the Central Insecticides Board & Registration Committee (CIBRC) for indigenous manufacturing of Haloxyfop-R-methyl ester technical (96% w/w min). This herbicide holds significant importance in the agricultural sector. Haloxyfop-R-methyl ester is a post-emergence herbicide, …

On June 24, 2024, One 97 Communications (OCL), known for its brand Paytm, announced substantial growth in its travel segment. The company stated that this progress has been fueled by partnerships and innovative travel solutions. They collaborated with major global travel aggregators, including Google Flights, Wego and Skyscanner, underscoring their dedication to providing customers with …

Panacea Biotec Ltd informed in a stock exchange filing that through its material subsidiary, Panacea Biotec Pharma Ltd (PBPL) announced a significant step in expanding its global footprint by incorporating a wholly-owned subsidiary, Panacea Biotec Inc., in the state of Delaware, USA. This strategic move underscores Panacea Biotec’s ambition to establish a robust presence in …

Sun Pharmaceutical Industries Limited announced in a stock exchange filing the outcomes of a Phase 1 study assessing GL0034 (Utreglutide) in obese adults. Presented at the 84th Scientific Sessions of the American Diabetes Association (ADA) on June 21, 2024, in Orlando, FL, the study evaluated safety, tolerability, pharmacokinetics, and pharmacodynamics. The company stated that obesity …

GRM Overseas Limited announced in a stock exchange filing that its Board has approved fundraising of ₹136.5 crore through the issuance of share warrants on a preferential basis to 33 investors, including both promoters and non-promoter investors. The Board has sanctioned the allotment of up to 91,00,000 share warrants at an issue price of ₹150, …

On June 22, 2024, Sky Gold Ltd, a leading jewellery company in India, announced the acquisition of two Mumbai-based companies: Starmangalsutra Private Limited and Sparkling Chains Private Limited. These acquisitions will help Sky Gold increase its market presence and expand its range of high-quality jewellery known for its expert craftsmanship. Details of the Acquired Companies …

Indian benchmark indices opened Monday’s session on a fragile note, influenced by weak cues from Asian peers. However, both the NSE Nifty50 index and BSE Sensex have shown resilience, recovering from early losses and currently trading in green. Market Performance The NSE Nifty50 index is trading higher by 0.04%, surpassing the 23,500 mark, while the …

State-owned Oil and Gas Corporation(ONGC) and Indian Oil Corporation (IOC) have signed an agreement to set up a small-scale liquefied natural gas (LNG) plant near the Hatta Gas Field in Madhya Pradesh. About the Companies: Indian Oil Corporation (IOC) is a public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, …

On June 24, 2024, Biocon Ltd informed in a stock exchange filing that the company’s subsidiary, Biocon Biologics Ltd (BBL), has obtained approval from the European Medicines Agency (EMA) to commence manufacturing biosimilar Bevacizumab at its newly established monoclonal antibodies (mAbs) drug substance facility in Bengaluru. This approval marks a significant milestone, enhancing BBL’s capacity …