Stocks/Share Market - Angel One

The Indian headline indices fluctuated between modest gains and losses but ended the session with a significant decline. The worst-performing sectors were BSE Fast Moving Consumer Goods and BSE Bankex, while capital goods, power and utility sector stocks attempted to lift the market.  Broader indices significantly outperformed the main indices. Shares of Supreme Industries, one …

Last Friday, the renowned dairy player Dodla Dairy unveiled its June quarter earnings. In today’s intraday session, the shares of Dodla Dairy experienced heightened activity following the announcement of its June quarter results. In light of this development, we will be examining the various companies operating within the dairy industry. These companies are involved in …

ICICI Bank Ltd reported unaudited robust financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 in comparison to the same quarter last year, the bank’s net profit for the first quarter which ended on June 30, 2023 increased by 44.03% to Rs 10636.12 crore from Rs …

EXHICON Group has emerged as the sole organization in Asia offering a comprehensive range of products and services for the Trade Fairs and Events Sector. Its diverse portfolio spans from Media to Integrated Marketing Solutions, Temporary to Permanent Event Infrastructure, and Management to Organizing. Over the years, the Group has successfully diversified into various sectors, …

The Sensex and Nifty experienced declines, closing lower by 0.45% and 0.37% respectively. Nifty Midcap also closed lower, but by a marginal 0.15%, while Nifty Smallcap witnessed a gain of 0.37%. Among the sectors, Nifty Pharma, Nifty Realty, and Nifty Auto showed gains, whereas Nifty FMCG, Nifty Metal, and Nifty Energy faced losses.  In terms …

ITC on Monday said that its board has approved the demerger of its hotels business. During its meeting, the Board of Directors thoroughly assessed and deliberated on different potential arrangements for the Hotels Business. After careful consideration, the Board granted its preliminary approval for the demerger of the Hotels Business through a scheme of arrangement. …

SJVN Limited through its wholly-owned Subsidiary i.e., SJVN Green Energy (SGEL), has received the letter of Intent (LoI) from Punjab State Power Corporation (PSPCL) on July 21, 2023 for procurement of 1200 MW Solar Power. SGEL will develop a 1000 MW project anywhere in the country and balance 200 MW in the state of Punjab …

Every investor participant in a company or any stock, such as promoters, FIIs, DIIs, and HNIs, plays a significant role in influencing share price movements, especially in the short-term horizon. In the long-term horizon, many factors drive the share price, including business performance, financial performance, the country’s economy, and more.  The entry, increase, or exit …

Lenders are concerned about the rising debt pattern of Vedanta Ltd. The company’s major lenders include prominent institutions such as the State Bank of India, Axis Bank, Canara Bank, Punjab National Bank, Indian Bank, IDBI Bank, ICICI Bank, Bank of Baroda, and Union Bank of India, among others. When analysing the consolidated balance sheet, it …

On Monday, the benchmark indices were trading higher with Sensex up around 66 points or 0.10% at 66,766 and the Nifty-50 up around 28 points or 0.13% at 19,773. About 2,005 shares have advanced, 1,333 declined, and 180 are unchanged on the BSE. Top gainers and losers On BSE Sensex Index are as follows: The …