Stocks/Share Market - Angel One

Suzlon Energy share price surged by 5% to hit the upper circuit limit of ₹62.37 in early trading on November 19. This marks the third consecutive day of gains for the company, following a positive rating upgrade by Morgan Stanley. The brokerage upgraded the stock to an ‘overweight’ rating from ‘equal-weight,’ fueling investor optimism. Despite the …

On November 19, 2024, Federal Bank share price traded 4.51% higher at ₹209.29 at 12:40 PM on NSE. The stock added to yesterday’s gain of around 0.5%. Federal Bank’s share price has declined by 3.15% over the past five days. Federal Bank Raises ₹1,500 Crore via Bonds Federal Bank successfully raised ₹1,500 crore last week …

ITI Limited, a telecom manufacturing leader, has secured a contract worth approximately ₹95 Crores from the Directorate of Geology & Mining, Government of Uttarakhand. The contract is for the implementation of a Mining Digital Transformation & Surveillance System (MDTSS) aimed at combating illegal mining and mineral transportation while enhancing revenue generation for the state. Project …

Easy Trip Planners Ltd. has announced that Thursday, November 28, 2024, will be the record date for determining which shareholders are eligible for the company’s 1:1 bonus share issue. The announcement comes after shareholders approved the issuance of bonus shares. Details of the Bonus Share Issue The company had previously communicated about the board’s recommendation …

State Bank of India (SBI) raised $500 million by issuing 5-year bonds to international investors via its London branch.  The bonds were priced at 82 basis points (bps) above the US Treasury yield, significantly improving from the initial guidance of 115 bps. This pricing marks one of the tightest spreads achieved by an Indian financial …

Indian Railway Finance Corporation Limited (IRFC) was gaining investors’ attention on Tuesday. On November 19, 2024, IRFC share price opened at ₹140.30, up from its previous close of ₹138.29. At 11:52 AM, the share price of IRFC was trading at ₹146.02, up by 5.59% on the NSE. The market cap of the company was ₹1,90,800.19 …

KRN Heat Exchanger And Refrigeration Ltd was gaining investors’ spotlight on Tuesday. On November 19, 2024, KRN Heat Exchanger share price opened at ₹743.95, with no change from its previous close of ₹743.95. At 10:50 AM, the share price of KRN Heat Exchanger was trading at ₹774.80, up by 4.15% on the NSE. Notably, the …

Ujjivan Small Finance Bank’s approved pool for sale includes a MicroBanking portfolio totalling ₹270.35 crore, which comprises ₹207.98 crore of NPAs (categorised as accounts with more than 180 days past due) and ₹62.36 crore of written-off loans. By offloading NPAs and written-off loans, the bank reduces the burden of non-performing assets on its balance sheet. …

Waaree Energies reported a 17% rise in consolidated net profit for the July-September quarter, reaching ₹375.6 crore. This is up from ₹320.1 crore in the same period of the previous fiscal year. Revenue and Expenses The company’s total income increased to ₹3,663.4 crore compared to ₹3,558.5 crore in Q2 of the previous financial year. Quarterly …

Manba Finance Ltd, a leading non-banking finance company (NBFC), has partnered with Piaggio Vehicles Pvt Ltd (PVPL), a subsidiary of the Piaggio Group and a renowned manufacturer of small commercial vehicles in India. MOU with Piaggio Vehicles The collaboration between Manba Finance and Piaggio Vehicles was through a Memorandum of Understanding (MoU), which focuses on …