Stocks/Share Market - Angel One

Linc Ltd., a well-known name in the stationery industry, has just rolled out a double treat for its shareholders with an approved stock split and a bonus share issue. This is designed to make the company’s shares more accessible and attractive, particularly to retail investors, and comes alongside the company’s quarterly results announcement. Stock Split …

Bharat Electronics Limited (BEL) Q2 Earnings: A Standout Performance Shares of Bharat Electronics Limited (BEL) were capturing market attention on October 30, 2024, after the company reported robust fiscal second-quarter results. The defense and aerospace giant beat Street estimates, buoyed by better-than-expected margin performance. This has set a positive tone for investors and contributed to …

Share Price of Canara Bank Shows Strong Gains Amid Improved Fundamentals Canara Bank’s share price has gained nearly 10% over the past three trading sessions, reaching a rise of 0.51% on October 30, 2024. This growth is attributed to improved asset quality, a double-digit profit increase, and technical indicators turning bullish. The stock has now …

The largest power utility in India, NTPC, has 76475.68 MW of installed capacity overall (including joint ventures). NTPC, which was founded in 1975, aims to become the largest integrated power company in India by 2032, with a capacity of 130 GW. NTPC’s CSR and extensive rehabilitation and resettlement policies are seamlessly incorporated with its primary …

The headquarters of the multinational Indian conglomerate Reliance Industries Limited (RIL) are located in Mumbai. Retail, telecommunications, mass media, natural gas, petrochemicals, energy, and textiles are all part of RIL’s varied business portfolio. Reliance, which ranks among the top Fortune Global 500 companies with yearly revenue of over $100 billion, is the largest Indian company …

Torrent Pharmaceuticals is eyeing a big-ticket fundraising of around $297 million (about Rs.2,496.9 crore) through a block deal scheduled for October 30, 2024. Torrent’s promoter, Torrent Investments Pvt. Ltd., plans to sell around 8.3 million shares at a 6% discount, pricing each at Rs.3,022.71. The deal’s base is pegged at Rs.2,500 crore but includes a …

Aditya Birla Sun Life AMC’s Q2 FY25 Financial Highlights Aditya Birla Sun Life AMC (ABSLAMC) has reported impressive financial results for Q2 FY25, reflecting the company’s steady growth in revenue and assets under management (AUM). Here’s a breakdown of their financial performance: Revenue and Profit Growth In Q2 FY25, ABSLAMC reported a total revenue of …

The Container Corporation of India (CONCOR), a state-owned logistics company, announced a 9% increase in its profit before tax for the second quarter, ending September 30. The profit grew to ₹526 crore ($62.6 million) from ₹482 crore in the same period last year, driven by higher cargo volumes. Revenue Growth Driven by Cargo Demand CONCOR’s …

Marico Limited has released its unaudited consolidated financial results for the quarter and half-year ended September 30, 2024. On Wednesday, Marico’s share price grew by more than 3%.   Q2 FY 2025 Financial Performance For Q2 FY25, the company reported revenue from operations of ₹2,664 crore, reflecting an 8% year-on-year increase. This growth was supported by …

Shriram Properties Limited (SPL) announced that it has signed a Joint Development Agreement for a prime 6-acre land parcel in the rapidly growing micro market of Undri, Pune.  This ambitious mixed-use development project will feature over 650 residential apartments alongside retail and commercial spaces, boasting a total saleable area exceeding 1.0 million square feet. With …