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Stocks/Share Market - Angel One

Paytm Founder Vijay Shekhar Sharma to purchase 10.3% stake from Antfin

Paytm Founder Vijay Shekhar Sharma to purchase 10.3% stake from Antfin

7 August 2023

Vijay Shekhar Sharma, the founder of Paytm, is set to acquire a 10.30% stake in the company from Antfin (Netherlands) Holding BV. As part of the deal, Antfin will transfer 6.53 crore shares of Paytm to Resilient Asset Management B.V., an entity wholly owned by Sharma himself.  Following the transaction, Sharma’s ownership in the company …

Resilient Godfrey Phillips India Surges Amid Market Volatility

Resilient Godfrey Phillips India Surges Amid Market Volatility

7 August 2023

In the latest trading session, market dynamics reacted positively to global cues, leading to a buoyant opening; however, the struggle to maintain this upward momentum has cast a shadow on overall sentiment. Notably, Godfrey Phillips India Ltd., a prominent player in the FMCG sector, has emerged as a standout performer, showcasing remarkable resilience by surging …

Intellect Design Arena Secures ‘Destiny Deal’ with National Bank of Umm Al Qaiwain

Intellect Design Arena Secures ‘Destiny Deal’ with National Bank of Umm Al Qaiwain

7 August 2023

National Bank of Umm Al Qaiwain (NBQ) has selected Intellect Digital Engagement Platform (iDEP), a digital experience banking platform by Intellect Global Consumer Banking (iGCB) for its retail, SME and corporate clients. NBQ is a public shareholding company incorporated in Umm Al Qaiwain. iGCB is the Retail and Central Banking Solutions arm of Intellect Design …

Zomato’s Remarkable Rebound: Shares Surge from Rs 40 All-Time Low to Rs 100

Zomato’s Remarkable Rebound: Shares Surge from Rs 40 All-Time Low to Rs 100

7 August 2023

The shares of Zomato experienced a sharp rise today crossing Rs 100 after a long time. The stock opened at Rs 97, which was 1.6% higher than the previous day’s closing price of Rs 95.43. During the intraday session, the stock surged by 8% with significant trading volume.   Upon analysing today’s share volumes, it is …

Dark horse stock of the day: Birla Cable skyrocketed 20% in a day

Dark horse stock of the day: Birla Cable skyrocketed 20% in a day

7 August 2023

The shares of Birla Cable Limited experienced a sharp rise today. The stock opened at Rs 198.30, which was 5.6% higher than the previous day’s closing price of Rs 187.85. During the intraday session, the stock surged by 20% with significant trading volume.   Upon analysing today’s share volumes, it is evident that there has been …

Warren Buffett’s Berkshire Hathway announces Q2 results; details inside

Warren Buffett’s Berkshire Hathway announces Q2 results; details inside

7 August 2023

Berkshire Hathaway released their second-quarter earnings, revealing a 7% increase in operating income, soaring to USD 10,043 million on Saturday. The growth was primarily attributed to the robust performance of their investment segment.   If we check the total revenue earned by the company during the second quarter then, the revenue grew by 21% YoY from …

These 3 stocks from BSE 500 jumped over 6% today, 7 August 2023

These 3 stocks from BSE 500 jumped over 6% today, 7 August 2023

7 August 2023

The benchmark index S&P BSE 500 opened today at 26,833.31 and made its day high at 26,900.31 and it is trading in green, up by around 0.15%                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 7 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 7 August, 2023

7 August 2023

On Monday, the benchmark indices were trading higher with Sensex up around 195 points or 0.30% at 65,915.41 and the Nifty-50 up around 56 points or 0.28% at 19,468. About 2,033 shares have advanced, 1,323 declined, and 188 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Affle (India) Ltd: This technology gem rises over 7% amid a market decline

Affle (India) Ltd: This technology gem rises over 7% amid a market decline

4 August 2023

Amidst a period of profit booking and a downward trend in the markets, the technology industry witnessed a remarkable performer, Affle (India) Ltd, which surged more than 7% throughout the week. Incorporated in 1994, Affle (India) Ltd is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations, enabling marketers …

Eicher Motors Q1 Results: Profit zooms 50% YoY to Rs 918 cr

Eicher Motors Q1 Results: Profit zooms 50% YoY to Rs 918 cr

4 August 2023

Eicher Motors Limited (EML), is a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV).  VECV is engaged in truck and bus operations, auto components business, and technical consulting services business. It also …

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