Stocks/Share Market - Angel One

Aurobindo Pharma Limited today announced its consolidated financial results for the quarter ended September 30, 2024. Aurobindo Pharma reported a strong overall performance for the Q2FY25. The company’s formulation revenue increased by 11.3% year-on-year (YoY) to ₹6,640 crore, reflecting continued growth across various segments. US Formulations The US formulations segment continued to be a key …

HealthCare Global Enterprises Limited (HCG) entered into a Business Transfer Agreement (BTA) on November 9, 2024, with its wholly-owned subsidiary, HCG NCHRI Oncology LLP, for the acquisition of the latter’s oncology business located in Nagpur. This acquisition, structured as a slump sale, involves transferring the entire business undertaking of HCG NCHRI Oncology LLP (the Seller …

On November 10, 2024, ITI Limited, the country’s first Public Sector Undertaking (PSU) established post-independence and a leading telecom manufacturing company, was selected as the Lowest Bidder (L1) for Package No. 15 of the BharatNet Phase-3 Project. Details of BharatNet Phase-3 Project (Package No. 15) With an order value of ₹1,537 Crore, the package covers …

Utkarsh Small Finance Bank announced financial results for the quarter and half year ended on September 30, 2024. Key Financial Highlights for Q2 and H1 FY 2025 The Bank’s loan portfolio expanded by 28.3% year-over-year, reaching ₹19,101 crore as of September 30, 2024. The share of secured loans in the overall portfolio rose to 38%, …

The Indian benchmark indices Sensex and Nifty 50, are expected to open negative on Monday, November 11, 2024, as Gift Nifty traded at 24,127, up 0.04% at 07:55 AM. Check out a few stocks that will be in focus during the trading session. Tata Motors Tata Motors recorded a fall of 11.2% in net profit …

Stocks priced under ₹50 can offer budget-friendly investment opportunities with potential for significant growth. This article highlights top-performing stocks in India under ₹50 as of November 2024, selected based on a strong 5-year CAGR. Explore some of the promising picks to diversify your portfolio without breaking the bank. Best Stocks Under ₹50 In November 2024 …

On November 7, 2024, Astral Ltd, a CPVC pipes manufacturer reported a fall in its Q2 FY25 net profit. The net profit stood at  ₹108.7 crore,  as against ₹131.7 crore in Q2 FY24. Q2 FY25 Performance The decline in profit was mainly attributed to a reduction in EBITDA, which amounted to ₹210.2 crore, marking a …

KBC Global’s share price has recently attracted investor attention by reaching a fresh 42-week high, despite a volatile market. Notably, the stock is trading above its 20, 50, and 200-day moving averages (DMA), with these key averages aligned favourably. This alignment highlights a significant technical event: the 50-DMA has crossed above the 200-DMA, forming a …

The Indian benchmark indices continued to fall on November 8, 2024, for the 2nd consecutive day despite positive global market cues such as a 25 bps rate cut by the US Fed for 2nd time in a row. The day was filled with numerous news such as earnings releases, IPOs and others. In this blog, …

On November 8, 2024, NCC share price reported a jump in profit of ₹174.8 crore in Q2 FY25 as against ₹86.2 crore in the same quarter last year. Meanwhile, revenue for the quarter stood at ₹5,196 crore as against ₹4,719.6 crore in the corresponding quarter last year. Q2 FY25 Performance NCC’s EBITDA saw a healthy …