Stocks/Share Market - Angel One

Adani Ports and Special Economic Zone Limited (APSEZ) reported a robust 37% year-on-year increase in net profit for the quarter ending September 2024 (Q2FY25), reaching ₹2,412.54 crore, compared to ₹1,761.63 crore in Q2FY24. Additionally, total income for the quarter climbed by 6% to ₹7,372.37 crore from ₹6,951.86 crore in the same period last year. Sequential …

PDS Limited has announced its financial results for the quarter ended September 30, 2024 (Q2 FY 2025). The company declared an interim dividend for the financial year 2025. Q2 FY 2025 Financial Highlights PDS achieved its highest-ever quarterly Gross Merchandise Value (GMV) at ₹5,437 crore, a milestone underscored by a significant increase in sales, which …

Allied Blenders and Distillers Limited (ABD), India’s third-largest spirits company, reported its Q2 FY25 financial results on October 29, 2024. The company’s total income reached ₹2,031 crore, marking a 14.8% increase compared to ₹1,769 crore in the previous quarter (Q1 FY25) and a 5.3% rise from ₹1,929 crore in Q2 of the previous year (FY24). …

Poonawalla Fincorp Ltd has entered a partnership with the Technology Innovation Hub (TIH) at IIT Bombay to incorporate artificial intelligence (AI) into its operations.  A Memorandum of Understanding (MoU) was signed between the two organisations to drive innovation within the company. This collaboration will initially focus on using AI for credit risk management and improving …

On October 29, 2024, Godrej Agrovet Ltd released its results for the quarter ended September 30, 3024. The company experienced a challenging second quarter, with net profit declining by 7.9% year-on-year to ₹95.8 crore, while revenue fell by 4.6% to ₹2,448.8 crore.  Q2 FY25 Financial Overview Despite these setbacks, the company reported a significant improvement …

On October 29, 2024, India’s leading car manufacturer, Maruti Suzuki India Limited (MSIL) released its financial results for Q2 FY25 and 1HFY25. During the quarter, the company achieved a total vehicle sales figure of 5,41,550 units, with 4,63,834 vehicles sold in the domestic market and 77,716 vehicles exported. Notably, domestic sales saw a decline of …

On October 30, 2024, Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its financial results for the quarter and half-year ended 30 September 2024. During the period, AEL witnessed significant growth across various financial metrics, demonstrating the company’s robust operational performance. Consolidated Financial Highlights for H1 FY25 During 1HFY25, AEL reported …

SBI Cards and Payment Services Limited reported its financial results for the quarter ended September 30, 2024.  Financial and Operational Highlights The total revenue increased by 8% year-on-year, reaching ₹4,556 crore in Q2 FY25 compared to ₹4,221 crore in Q2 FY24. However, profit after tax (PAT) declined to ₹404 crore from ₹603 crore in the …

November 2024 is set to bring several new fund offerings (NFOs) to India’s mutual fund landscape, providing fresh investment opportunities across a wide range of asset classes. These NFOs include sector-specific funds, thematic funds, index funds, and multi-cap funds, giving investors diverse options to consider based on their risk tolerance and financial goals.  In this …

On October 29, 2024, Indian stock market indices, the BSE Sensex rose by 0.45% to close at 80,369.03. The Nifty50 on the other hand, closed at 24,466.85 up by 0.52%. Out of the 50 stocks in the Nifty50 index, here are the 5 top gainers for the day:  State Bank of India share price closed …