Stocks/Share Market - Angel One

Max Financial Services and Sanofi India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,001.15 and Rs 8,620 respectively, their price aligns with positive signals from technical indicators …

The Early Years The Godrej story began in 1897 with Ardeshir Godrej, a young Parsi lawyer who turned his entrepreneurial spirit towards manufacturing. In an era dominated by imported goods, Ardeshir defied the odds by establishing a lock factory. His vision of “Swadeshi” (supporting domestic production) resonated with the burgeoning nationalist movement. His innovative, high-quality …

Coal India Ltd is primarily involved in coal mining and production. Its primary clients are in the power and steel industries, with consumers in sectors like cement and fertilizers. Classified as a ‘Maharatna’ enterprise under the Ministry of Coal, Government of India, CIL holds the distinction of being the largest coal producer globally. Financial Performance  …

The Bombay Stock Exchange (BSE), one of India’s premier stock exchanges, is a key player in the country’s financial landscape. Recently, there have been significant developments surrounding the BSE’s wholly-owned subsidiary, the Indian Clearing Corporation Limited (ICCL). ICCL has been making waves in the industry with its impressive financial performance and innovative initiatives. This article …

UGRO Capital Limited, a leading DataTech-powered NBFC focused on empowering MSMEs (Micro, Small and Medium Enterprises), announced a significant development on May 2nd, 2024. The company’s Board of Directors approved a strategic capital raise of ₹1,332.66 crore through a combination of Compulsory Convertible Debentures (CCDs) and Warrants. Fueling Growth Ambitions This innovative capital-raising strategy ensures …

Adani Group is the third largest conglomerate in India, headquartered in Ahmedabad. The group has a total market capitalisation of more than Rs.15 Lakh Crores. Six of these Adani Group companies including Adani Enterprises, Adani Ports & Special Economic Zone, Adani Power, Adani Energy Solutions, Adani Wilmar and Adani Total Gas have received show-cause notices …

The Indian Energy Exchange (IEX), India’s leading electricity exchange, released its April 2024 trading data on May 02, 2024, which showcases positive developments across various segments. Overall Volume Up During the month, total volume on the exchange witnessed a YoY growth of 14.1% to 9,044 Million Units (MU). This growth reflects a thriving electricity market …

Thomas Cook (India) Limited, a leading travel and tourism company known for its omnichannel services, announced a strategic expansion in the Mumbai Metropolitan Region (MMR). On May 02, 2024, the company inaugurated two new franchise outlets in Goregaon and Panvel, strategically chosen high-growth markets poised for significant travel demand. Expanding Network These new outlets bring …

Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. It is a pioneer in the field of wind energy, it currently has a presence in 17 countries and has installed over 12,860 wind turbines across 6 continents. The board of Suzlon Energy Ltd. has approved a scheme …

Ajanta Pharma Ltd is a pharmaceutical company that mainly focuses on the research, production, and promotion of high-quality finished products in specialized areas. Recently, the company published its quarterly results along with an announcement of the board of Ajanta Pharma Ltd. approving the company’s fourth equity share buyback since 2020. Buyback Offer  On Thursday, Ajanta …