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Market Updates - Angel One

Saregama’s strategic move into digital entertainment: What does the Pocket Aces acquisition mean for the music giant?

29 September 2023

Saregama India is embarking on an exciting new phase of growth with its recent majority acquisition of Pocket Aces Pictures Private Limited, a rapidly expanding digital entertainment company. Pocket Aces boasts a substantial and direct connection with more than 95 million digitally savvy, younger consumers through platforms like Instagram and YouTube. In this transaction, Saregama …

Catalyzing a Rs. 2 Lakh Cr. Ethanol Economy: Shri Nitin Gadkari’s Vision Unveiled

29 September 2023

On this illustrious Thursday, Union Minister for Road Transport and Highways, Shri Nitin Gadkari, eloquently articulated India’s unwavering commitment to green initiatives within the construction sector, in alignment with the visionary goal set forth by Prime Minister Shri Narendra Modi to attain carbon neutrality by the year 2070. With the grandeur of New Delhi as …

Century Plyboards (India) Surges as it Aims for Rs 12,000 Crore Turnover by 2031

28 September 2023

On Thursday, the shares of Century Plyboards (India) closed at Rs 660.00, up by 3.09 per cent from its previous closing of Rs 640.20 on the BSE. Century Plyboards (India) is targeting Rs 12,000 crore turnover by 2031 from about Rs 3,600 crore in 2022-23. To achieve its Vision 2031, the company is implementing a …

Gensol Engineering secures an order for over 500 Tata Ace electric cargo vehicles!

28 September 2023

Gensol Engineering Limited, a part of the Gensol group specializing in solar power plant EPC services has made a significant announcement regarding a new order received by the company. As detailed in the official report, Gensol EV Lease Private Limited, a subsidiary of Gensol Engineering, a company specializing in electric vehicle leasing solutions, has achieved …

C.E. Info Systems: A Rising Competitor to Google Maps

28 September 2023

C.E. Info Systems Limited, formerly known as MapmyIndia, has achieved a significant milestone by touching the remarkable price of Rs 2,000 per share today. This marks a remarkable journey, starting from its all-time low price of Rs 984, doubling its value, and now trading above Rs 2,000 per share. This achievement solidifies its position as …

Telecom towers soar: Jio’s remarkable rise, Vodafone-Idea and BSNL face subscriber losses in July; TRAI Reveals

28 September 2023

The telecommunications sector in India has consistently proven to be one of the most dynamic and influential industries in the country’s market landscape. As of January 2023, India proudly holds the distinction of being the world’s second-largest telecommunications market, boasting a substantial subscriber base of 1,170.75 million. This remarkable growth reflects a robust expansion over …

India’s Remarkable Journey: Retaining the 40th Rank in the Global Innovation Index 2023

28 September 2023

In the ever-evolving landscape of global innovation, India stands tall, securing its 40th rank out of 132 economies in the prestigious Global Innovation Index (GII) 2023. The World Intellectual Property Organization (WIPO) has once again recognized India’s steadfast commitment to innovation. This significant achievement reflects India’s relentless climb from the 81st position in 2015 to …

When the GST Notice Knocks at ICICI Lombard General Insurance’s Door

28 September 2023

ICICI Lombard General Insurance Co. Ltd stands as a prominent and well-established private sector general insurance company in India. It offers a wide array of insurance products and risk management solutions through various distribution channels. Recently, the company received a Show Cause Cum Demand Notice from the Directorate General of GST Intelligence, Pune Zonal Unit, …

Power Grid Corporation of India acquires Bhadla III Transmission for Rajasthan’s energy evacuation!

28 September 2023

Power Grid Corporation of India, India’s largest electric power transmission company and a Maharatna Central Public Sector Enterprise (CPSU) has made a significant announcement regarding an acquisition made by the company. As per details in the report, Power Grid Corporation of India Limited, following its selection as the winning bidder through Tariff-based competitive bidding, completed …

Karnataka Bank launches doorstep gold loan facility in collaboration with SahiBandhu

27 September 2023

Karnataka Bank, a prominent and leading Indian bank engaged in providing a wide range of banking and financial services, has made a significant announcement regarding a new initiative undertaken by the bank. As per detail in the report, Karnataka Bank is set to introduce an innovative “Door-Step Gold Loan” service called “KBL-Swarna Bandhu” for its …

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