Stocks/Share Market - Angel One

Vishnu Prakash R Punglia Limited, one of India’s fastest-growing infrastructure development companies, announced its June quarterly results yesterday. The stock made its debut this month with a stellar listing, providing impressive returns to its subscribers on the listing day itself. Let’s quickly observe the results announced by the company and compare the current quarter’s results …

Nifty 50 Nifty has formed a Doji candlestick pattern on the daily chart, indicating indecisiveness among bulls and bears about the future market trend. After opening flat at 19678, Nifty traded in the range of 19734 to 19601 levels during the session and finally settled at 19674, up 0.20 points. Nifty closed higher for the …

Nifty 50: The Nifty has formed a Doji candle after a decline of over 3%. Previously, it found support at the 50DMA, as we discussed. The bounce from the 19,585-19,626 support zone is now a reality. The index closed flat, indicating exhaustion in the trend. Now, Monday’s low of 19,601 is a crucial support for …

Birla Estates Private Limited, the real estate arm of the Aditya Birla Group, has successfully launched Phase 1 of Birla Trimaya in Devanahalli, Bangalore. The project is expected to have a revenue potential of approximately Rs 3000 crore for the entire project. It is strategically located near the upcoming BIAL IT Investment Region and is …

Data Patterns (India) Limited has churned multibagger returns to its shareholders in less than two years. During this period, the company’s share price jumped from Rs 755 on December 24, 2021, to Rs 2065.30 on September 25, 2023, an increase of more than 170%. An investment of Rs 1 lakh in the shares of this …

Tata Consultancy Services (TCS) has expanded its partnership with the Standard Bank Group (SBG), the largest custodian in Africa, to centralize and standardise its custody and securities settlement operations in over 15 markets with the TCS BaNCS Global Securities Processing Platform. The bank sought to upgrade its existing platform and leverage next-generation technologies to further …

Shares of the company currently trading at a discount of approximately 12% from their all-time high price of Rs 2,135, which was recorded on October 14, 2021. MCX is a prominent commodity derivatives exchange that enables online trading of commodity derivatives transactions. The company is planning to switch to its new trading platform, provided by …

The Indian benchmark indices ended a highly volatile session with slight gains, having experienced modest gains and losses throughout the session. The BSE Sensex edged up by 0.02% to 66,023 level at the close. The Nifty 50 index edged up by 0.01% to a level of 19,674. Shares of Ircon International Ltd exhibited positive momentum …

Strides Pharma Science Limited (Strides) has received approval from the USFDA for Icosapent Ethyl Capsules 0.5 gram and 1 gram. The product is a generic version of Vascepa, which has a market size of approximately USD1.3 billion. The capsules will be manufactured at Strides’ facility in Bengaluru. Strides has set a target to launch approximately …

Indian markets have recovered from lower levels on Monday and were seen trading in the green during the afternoon trading session, with Nifty and Sensex up by 0.24% and 0.27%, respectively. Keeping pace with the up-move of frontline indices, the broader markets were also trading with gains of 0.36% (Nifty Mid-cap) and 0.30% (Nifty Small-cap). …