Stocks/Share Market - Angel One

Mahindra Lifespaces, a leading Indian real estate developer, has announced another strategic move in Bengaluru’s booming Whitefield area. Following their 9.4-acre land acquisition earlier this year, they have secured an additional ~2.0-acre land parcel, further solidifying their presence in this sought-after location. The land is estimated to have a developable potential of approximately 0.2 million …

Texmaco Rail & Engineering Ltd (Texmaco), a leading player in India’s railway equipment manufacturing sector, has successfully completed a Qualified Institutional Placement (QIP) of ₹250 crore. For this, the company approved the issue and allotment of 1,61,29,032 Equity Shares of the face value of ₹1 per equity share to eligible, qualified institutional buyers at the …

On March 27, 2024, Varun Beverages Ltd informed in an exchange filing that the company had completed the acquisition of the South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. Details of the Acquisition On Wednesday, PepsiCo’s largest franchise bottler, Varun Beverages Ltd, stated in a regulator filing that the company had acquired The …

Bharat Heavy Electricals Limited (BHEL) witnessed a 4.3% surge in its share price in early trade on March 28 following a significant Rs 4,000-crore order from Adani Power. This order marks a strategic move for BHEL, further solidifying its position in the power sector. The Adani Power Order BHEL secured a crucial order from Adani …

On March 27, 2024, State-owned REC Ltd informed in an exchange filing that the company’s board had approved an overall borrowing limit of ₹1,60,000 crore for 2024-25. Breakdown of Borrowing Limit On Wednesday, REC Ltd’s board held a meeting and approved a borrowing limit of ₹1.6 lakh crore, which includes ₹1,45,000 bonds and term loans, …

Dynacons Systems and Solutions Limited is an information technology (IT) solutions company engaged in systems integration, including the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation Services. There is a significant surge in the Dynacons Systems and Solutions share price today. Share Performance At the start of the …

On March 27, 2024, the Board of National Hydroelectric Power Corporation (NHPC), a leading renewable energy producer in India, approved a significant capital infusion of ₹6,100 crore. For this, the company will issue secured/ unsecured, redeemable, taxable, non-cumulative non-convertible Corporate Bonds in one or more series/tranches on a private placement basis and/or raising of Term …

About the PPA Adani Power Limited (APL) has recently achieved a significant milestone in the power sector as its subsidiary Mahan Energen Limited (MEL) secured a substantial long-term Power Purchase Agreement (PPA) with Reliance Industries Limited (RIL). MEL, a wholly-owned subsidiary of APL has entered into a 20-year PPA with RIL for 500 MW of …

On Thursday, the benchmark indices were trading in the green with the Sensex up around 545 points or 0.75% at 73,543, while the Nifty-50 up around 166 points or 0.75% at 22,290. About 2,342 shares have advanced; 1,091 declined; and 131 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …

In the hunt for explosive growth, investors often turn to multibagger stocks – companies that deliver exceptional returns. But how do you find these hidden gems while minimizing risk? This article explores the exciting world of low PE multibaggers. We’ve identified five companies trading at a Price-to-earnings ratio below 10. We have focused on companies …