Stocks/Share Market - Angel One

What comes to your mind when you hear the brand name Vadilal? Ice cream, right? Summer has started, and today the shares of Vadilal began shining, showcasing a significant rally of around 17.50% in the market. Vadilal Industries is engaged in the business of manufacturing ice cream, frozen desserts, juice, and candy, as well as …

The Indian IT sector, a major contributor to the country’s economy, is facing headwinds after global IT major Accenture cut its full-year revenue growth forecast for the fiscal year ending August 2024. This revision has sent shockwaves through the industry, leading to a sharp decline in Indian IT stocks. Reacting to this news, The Nifty …

Himadri Speciality Chemical Makes Strategic Investment in Invati Creations Himadri Speciality Chemical Ltd (Himadri), a leading global speciality chemical company, has announced a strategic investment in Invati Creations Private Limited (Invati). The deal involves Himadri acquiring a 40% stake in Invati for a total consideration of Rs. 45.16 crore The investment will be structured as …

Carborundum Universal Ltd., with its inception in 1954 and based in Chennai, India, is a shining example in the manufacturing realm, focusing on abrasives, ceramics, and electro minerals. The company’s broad segmentation includes Abrasives, Ceramics, Electrominerals, Power, and IT Services, positioning it as a versatile entity in its industry. This diversity allows it to offer …

On March 22, 2024, the shares of Neuland Laboratories were trading with gains of more than 5% after the company announced in an exchange filing that their Hyderabad unit gets clearance from the United States Food and Drug Administration (USFDA). Details of the US FDA Clearance On Friday, the drug manufacturing company Neuland Laboratories Limited …

Indian benchmark indices surged today, driven by strong gains in sectors like Bank, Pharma, and Realty. This uptrend reflects high investor confidence, which is also seen in the broader markets. As of 12:20 pm, benchmark indices are mostly up, with Sensex rising by 0.26% and Nifty by 0.37%. Sun Pharmaceutical, Apollo Hospital, and Bajaj Auto …

On March 22, 2024, the shares of Sarda Energy and Minerals were trading with gains of more than 13%, which marked the company’s biggest single-day gain since June 2021. On Friday, the flagship company of Sarda Group, Sarda Energy & Minerals Limited (SEML), announced in a stock exchange filing that the company’s Subsidiary Joint Venture …

On March 21, 2024, Texmaco Rail & Engineering Ltd informed in a stock exchange filing about the Qualified Institutions Placement (QIP) of equity shares under SEBI ICDR Regulations and relevant provisions of the Companies Act, 2013. Details of the QIP On Thursday, the Indian private engineering and infrastructure company, Texmaco Rail & Engineering Ltd announced …

TVS Holdings Ltd., the promoter entity of TVS Motor Company Ltd., recently made headlines with its announcement of an interim dividend and a plan to raise funds through Non-Convertible Debentures (NCDs). Let’s delve into the details of these developments and what they mean for investors and the company. Interim Dividend Announcement At its board meeting …

Tata Consultancy Services (TCS) has embarked on a groundbreaking journey with Ramboll, a global architecture, engineering, and consultancy giant, headquartered in Denmark. This multimillion-dollar, seven-year partnership aims to revolutionize Ramboll’s IT infrastructure, driving business growth, reducing costs, and enhancing sustainability. Challenge Ramboll’s remarkable growth, including numerous mergers and acquisitions, had led to a complex and …