Stocks/Share Market - Angel One

The rising conflict in the Middle East is having a significant impact on the Indian stock market. The conflict has led to rising oil prices, which is a major concern for India as it is a major importer of crude oil. This has put pressure on the Indian rupee, which has depreciated against the US …

On October 04, 2024, HDFC Bank released its business update for Q2 FY25, which turned investor eyes on HDFC Bank shares. As of September 30, 2024, the Bank’s advances under management totalled ₹26,335 billion, marking an 8.0% increase from ₹24,374 billion a year earlier and a 2.3% rise from ₹25,750 billion as of June 30, …

The shares of Vedanta Ltd. are in focus on October 4 after the company released its business updates for Q2 and Half year ended September 30, 2024 (1HFY25). During the period, Vedanta recorded its highest-ever aluminium production. It posted a growth of 21% on a YoY basis in alumina production to 1,039 kt, and aluminium …

On October 3, 2024, the Indian stock market experienced a significant downturn, impacting the top stocks in the Nifty 50 index. The Nifty 50 index itself closed at 25,250.10, down 546.80 points or 2.12%. On October 4, 2024, Nifty 50 opened at 25,181.90, and as of 10:26 AM, it was trading in red at 25,203.35, …

Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric 3-wheeler manufacturer and a subsidiary of Mahindra & Mahindra Ltd, has announced the launch of the Mahindra ZEO, an innovative new electric four-wheeler through an exchange filing on October 03, 2024. The name “ZEO”, which stands for “Zero Emission Option,” aligns perfectly with MLMML’s mission to …

On October 3, 2024, Refex Industries Limited announced its plan to raise ₹927.81 crore through a preferential issue of equity and convertible warrants. This fundraising initiative is aimed at bolstering the company’s sustainability and innovation across its business sectors. The proposed issue includes a significant contribution of ₹530 crore from high-net-worth individuals (HNIs) and family …

Vipul Organics Limited has announced that it has received Consent to Establish from the Maharashtra Pollution Control Board (MPCB) for its newly constructed factory building in Ambernath, Maharashtra.  This approval marks a significant step forward for the company, as it enables the new facility to increase its manufacturing capacity for Pigment Preparations by threefold. The …

BCL Industries Limited has announced its strategic acquisition of Goyal Distillery Private Ltd, located in Fatehabad, Haryana. This acquisition aligns with BCL’s vision of expanding its production capabilities in the ethanol manufacturing sector.  Goyal Distillery holds the necessary land and approvals for setting up a 250 KLPD (kilolitres per day) grain-based ethanol plant. In addition …