Stocks/Share Market - Angel One

Cipla Ltd has released its unaudited consolidated financial results for the quarter ended September 30, 2024.  Q2 FY 2025 Financial Performance The company reported an income from operations of ₹7,051 crore, reflecting a 9% year-on-year (YoY) growth. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹1,886 crore, constituting 26.7% of total revenue, …

On October 30, 2024, Genesys International, a pioneering mapping company leading the development of the New India map stack, announced a groundbreaking partnership with SatSure, a prominent Indian firm specializing in satellite remote sensing. Funded by Indian private sector banks, SatSure enhances the capabilities of Genesys, which is known for its high-accuracy 3D Digital Twin …

Elcid Investments Ltd began its journey as a penny stock valued at just ₹3.21 as of July 2024. However, its shares have skyrocketed, reaching a staggering fair value of ₹2,25,000 and closing at ₹2,36,250 after a remarkable 5% increase. This dramatic surge underscores a significant shift in the company’s market presence. The Catalyst Behind Elcid’s …

Public sector bank Canara Bank has reported solid growth for the second quarter of the fiscal year 2024-25, reflecting improved profitability, higher income, and better asset quality. Here’s a breakdown of the key highlights: Rise in Net Profit For the September quarter of FY25 earnings, Canara Bank posted an 11.32% year-on-year (YoY) increase in standalone …

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 …