Stocks/Share Market - Angel One

The Adani Group, a major player in India’s power sector, has recently resolved a critical standoff with Bangladesh regarding overdue payments. After intense negotiations, the conglomerate lifted its deadline to cut off power supply, securing fresh repayment terms from the Bangladeshi government. Here’s a look at the key developments and what this means for both …

On November 8, 2024, Tata Motors is in the spotlight as investors await its financial results for the quarter and half-year ending September 30, 2024. The company had earlier announced in October that its Board of Directors would meet on November 8 to approve both the Audited Standalone Financial Results and the Unaudited Consolidated Financial …

The Indian Stock market is currently experiencing a rollercoaster ride, with various stocks experiencing significant ups and downs. But one stock has been standing out and making history by becoming the most expensive: Elcid Investment shares. It has caught the attention of not just retail investors but also institutional players in this volatile market.  To …

Mahindra & Mahindra Ltd (M&M) announced a 35% year-on-year (YoY) increase in its consolidated net profit, reaching ₹3,171 crore for the second quarter of FY25. This is compared to ₹2,348 crore in the same quarter last year. Consolidated Revenue Growth The company’s revenue from operations for Q2 FY25 grew by 10%, amounting to ₹37,689 crore, …

Trent Ltd, a Tata Group company, reported impressive financial results for Q2 FY25, showing a substantial year-on-year (YoY) growth in both profit and revenue.  For the quarter ending September 30, the company’s net profit surged by 46.9% to ₹355.06 crore compared to ₹228.06 crore in the same period last year. Revenue from operations rose by …

On November 7, 2024, Trident Limited, one of India’s largest integrated manufacturers in textiles, paper, and chemicals, announced its financial results for Q2 FY25 and the first half of FY25, ending September 30. Financial Highlights For Q2 FY25 results, Trident reported a standalone income of ₹1,721 crore, with EBITDA at ₹236 crore. Profit After Tax …

Ola Electric, India’s largest pure-play electric vehicle (EV) company, has launched the ‘BOSS of All Savings’ campaign as part of its ongoing Biggest Ola Season Sale (BOSS). This initiative aims to highlight the growing consumer awareness of the savings and benefits associated with electric vehicles (EVs) compared to internal combustion engine (ICE) vehicles. The campaign …

Aditya Birla Fashion and Retail (ABFRL) reported a 13% year-on-year (YoY) growth in revenue for Q2FY25, reaching ₹3,644 crore. Despite a challenging demand environment, the company’s half-year (H1) revenue reached ₹7,072 crore, marking a 10% increase compared to the previous year. Key Growth Areas ABFRL’s demerged business, focusing on high-growth segments, showed strong performance with …

Rail Vikas Nigam Limited (RVNL), a state-owned railway company, saw its share price drop by up to over 5% to an intraday low of ₹443.30 per share on Friday, November 8, 2024. This decline followed the announcement of weaker-than-expected results for the second quarter of FY25, which were released after market hours on November 07, …

Page Industries’ stock surged 4.75% on Friday, November 08, 2024, hitting a fresh 52-week high at ₹47,250 per share, spurred by robust results for the September quarter (Q2FY25). Impressive Q2 Financial Results The company reported a strong year-on-year (YoY) net profit increase of 29.9%, reaching ₹195.3 crore in Q2FY25, up from ₹150.3 crore in the …