Stocks/Share Market - Angel One

On May 30, 2024, the Nifty 50 declined 1% and closed at 22,488, and the Sensex also dropped 1%, closing at 73,885.  Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Bank, and Nifty Private Bank ended in the green. Meanwhile, Nifty Metal, Nifty IT, Nifty Healthcare Index, and Nifty Pharma were declining. …

On Thursday, the market experienced its fifth consecutive day of decline, marking the longest losing streak in seven months. The Sensex fell by 0.83%, closing at 73,885.6, while the Nifty dropped by 0.95%, ending at 22,488.65. Despite the overall downturn, the Media and Banking sector saw gains, whereas the Metal, Healthcare, and IT sector underperformed. …

Introducing the Nifty EV & New Age Automotive Index Thursday i.e. May 30, 2024 marks a historic day with the launch of the Nifty EV & New Age Automotive index by NSE Indices. NSE’s index services subsidiary, NSE Indices Limited launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty …

On May 30, 2024, Marksans Pharma Ltd, one of the leading pharmaceutical companies in India, released its results for the quarter and year ended March 31, 2024. Quarterly Performance Operating revenue was ₹560.0 crore, up 15.2% YoY due to new product launches, increased share with current customers, volume gains, and client additions. With a 51.8% …

Prime Focus Limited (PFL), a leading media and entertainment services provider, announced a significant financial manoeuvre to bolster its position. This strategic move involves converting a substantial loan owed by Prime Focus Technologies Limited (PFT), an unlisted material subsidiary of PFL, into equity shares of PFT. Conversion Details and Rationale On May 29, 2024, PFL …

On May 30, 2024, PTC Industries Limited, a renowned producer of precision metal components and materials crucial for various critical and super-critical uses, disclosed its financial outcomes for the quarter concluding on March 31, 2024. Financial Performance Highlights In Q4 FY 2024, total income reached ₹765.0 million, a 22.0% YoY increase from ₹626.9 million in …

Sterlite Power, a leading power transmission company, has secured funding for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has obtained funds totaling Rs.1373 crore from the Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise known for its critical role in the power sector.  The NKTL Project Sterlite Power acquired the Neemrana …

During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sakuma Exports Ltd Sakuma Exports Ltd saw a significant surge today with a trading volume of 11,481,026 shares, marking a notable price volume breakout. The stock hit a 52-week high of Rs 32.4 …

About Order Marine Electricals (India) Limited has secured a significant contract from Larsen & Toubro Shipbuilding (L&T Shipbuilding). The order, valued at Rs 10.35 crore (approximately USD 1.24 million), involves the supply of Data Distribution Units (DDUs). This win demonstrates Marine Electricals’ capability to meet the requirements of a reputed shipbuilding company, potentially enhancing its …

Seino Holdings Co. Ltd, a leading Japanese logistics firm, is venturing into the Indian market by collaborating with Mahindra Logistics Limited. The partnership aims to provide integrated logistics solutions, including auto outbound, warehousing and transportation, and a comprehensive technology suite, to Japanese automotive and strategic non-auto customers in India. The size of the joint venture …