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Stocks/Share Market - Angel One

Union Bank of India Approves Rs 10,000 Cr Capital Raising Plan

Union Bank of India Approves Rs 10,000 Cr Capital Raising Plan

12 June 2024

Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers. After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks in terms of branch …

Bharti Airtel Converts Rs 417 Cr Worth of Foreign Debt Bonds to Equity

Bharti Airtel Converts Rs 417 Cr Worth of Foreign Debt Bonds to Equity

12 June 2024

In January 2020 Bharti Airtel raised $1,000 Million through foreign currency convertible bonds which were convertible into the company’s fully paid-up equity shares of Rs.5 each at any time on or after February 27, 2020, and up to February 7, 2025. On 11 June 2024, Bharti Airtel announced that it had converted $49.87 Million worth …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 13

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 13

12 June 2024

On Wednesday, the market hit a record high intraday but ended off its highs. The market cap of BSE-listed companies reached a record Rs 429 lakh crore ($5.14 trillion), with an increase of more than Rs 2 lakh crore. The Sensex gained 0.2% to close at 76,696.57, while the Nifty rose by 0.25% to close …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

12 June 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Asian Granito India Ltd Asian Granito India Ltd showed strong performance today with its stock price reaching a high of Rs 72.4 before settling at Rs 72, marking a 15.24% increase from the …

Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

12 June 2024

Company Overview Happiest Minds Technologies Ltd. engages in the provision of information technology (IT) services. It includes agile infrastructure, data management, digital transformation, managed infrastructure and safety, product engineering, IT security and web technologies. It operates through the following segments: Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES). …

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

12 June 2024

About the Investment Sprayking Limited (formerly Sprayking Agro Equipment Limited) is making a major push to boost production and enter new markets with the announcement of a significant investment in new machinery. The company, based in Jamnagar, India, has acquired high-tech machinery worth approximately Rs 10 million (around USD 121,000) that will significantly increase its …

SBI Launches SME Digital Business Loans Programme

SBI Launches SME Digital Business Loans Programme

12 June 2024

On June 12, 2024, the State Bank of India (SBI) launched a new SME digital business loans programme. The bank will use income tax and GST returns and bank statement data to assess the creditworthiness of micro, small, and medium enterprises (MSMEs) and sanction loans in 10 seconds after submitting the required details without human …

Shipping Corp of India Shares Surge over 8% on Fast Divestment Plans

Shipping Corp of India Shares Surge over 8% on Fast Divestment Plans

12 June 2024

The Shipping Corporation of India (SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and is under the administrative control of the Ministry of Ports, Shipping and Waterways, and is headquartered in Mumbai. Shipping Corp Divestment It …

Dollar Industries Records Highest-Ever Revenue in 2023-24, Plans 50 New Outlets in South India by 2027

Dollar Industries Records Highest-Ever Revenue in 2023-24, Plans 50 New Outlets in South India by 2027

12 June 2024

Dollar Industries, in its recent regulatory filing to both stock exchanges, records its highest revenue in 2023-24. The notice issued on June 11 mentions the signing of South Indian superstar “Mahesh Babu” as a Brand ambassador for the growth and continued success of the company in the South. The actor has signed up for the …

Paradeep Phosphates Introduces India’s First Biogenic Nano Urea and Nano DAP

Paradeep Phosphates Introduces India’s First Biogenic Nano Urea and Nano DAP

12 June 2024

On June 12, 2024, Paradeep Phosphates Limited (PPL) informed in an exchange filing that the company is introducing India’s first biogenic Nano Urea and Nano Diammonium Phosphate (DAP) under the Jai Kisaan Navratna brand. Jai Kisaan Navratna Nano Shakti Nano Urea, with 8% Nitrogen, and Jai Kisaan Navratna Nano Shakti Nano DAP, with 6% Nitrogen …

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