Stocks/Share Market - Angel One

Zydus Wellness Limited has announced plans to acquire Naturell (India) Private Limited (NIPL) along with its wholly-owned subsidiary, a leading player in the healthy snacking industry.  The company has approved a Share Purchase Agreement to acquire 100% of Naturell (India), totalling 1,50,78,605 equity shares for ₹390 crore.  This acquisition includes popular health-focused brands like Ritebite …

After a long wait, Cipla’s Goa manufacturing facility finally received a “Voluntary Action Indicated” (VAI) classification from the US FDA. This positive development immediately and significantly impacted the company’s stock performance.  On October 31, Cipla’s shares jumped by 10%, a surge driven by investor enthusiasm for the anticipated launch of Abraxane, a chemotherapy drug the …

On October 30, 2024, Jupiter Wagons Limited (JWL), a leading mobility solutions provider across rail, road, and marine transport, announced a strategic acquisition of Log9’s Railway and Electric Battery technology. This acquisition is part of a significant growth effort for Jupiter Electric Mobility (JEM), a JWL subsidiary aimed at advancing electric mobility in India. Strengthening …

Tata Power reported an EBITDA of ₹3,808 crore for Q2FY25 earnings, marking a 23% year-over-year increase, backed by higher solar manufacturing, favourable distribution regulations, and improved operational efficiency.  The company also reached its highest-ever half-yearly consolidated revenue of ₹32,057 crore, up by 5% YoY, with a half-yearly EBITDA of ₹7,158 crore (up 17% YoY) and …

Wipro Limited has announced a strategic collaboration with Microsoft and SAP aimed at enhancing the migration process for clients using RISE with SAP on the Microsoft Cloud. This initiative is designed to significantly improve the speed and efficiency of these migrations, providing clients with a comprehensive roadmap and best practices to maximize the potential of …

Sonata Software Limited has been selected by a Fortune 50 American multinational technology conglomerate to enhance customer experience and strengthen its global retail strategy. This partnership will span 16 key markets across North America, EMEA, and Asia. The client aims to gain insights into how its products and services are being sold across these vital …

On Wednesday, Dabur India Limited released its financial results for the second quarter of FY 2024-25. On October 31, 2024, Dabur share price opened at ₹538.05, down from its previous close of ₹546.65. At 10:06 AM, the share price of Dabur India was trading at ₹542.00, down by 0.85%. Q2 FY 2025 Financial Performance The …

On October 30, 2024, Indian stock market indices, the BSE Sensex dropped by 0.53% to close at 79,942.18. The Nifty50 on the other hand, closed at 24,340.85 down by 0.51%. Out of the 50 stocks in the Nifty50 index, here are the 5 top gainers for the day:  Adani Enterprises share price closed at ₹2,955, …

Jio Financial Services Limited (JFSL) was initially established as Reliance Strategic Investments Private Limited, a subsidiary of the Indian multinational conglomerate Reliance Industries Limited (RIL). Following its demerger with RIL, the company was rebranded as Jio Financial Services Limited, receiving a new certificate of incorporation on July 25, 2023. In this article, learn about the …

IREDA or the Indian Renewable Energy Development Agency is on investors’ radar nowadays due to the increased fluctuation in the stock price. As of October 30, 2024, IREDA’s share price opened at ₹205.80 and touched the day high of ₹210.70, reflecting a gain of ~1.85% at 12:00 PM. As of the above-mentioned date, IREDA’s share …