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Stocks/Share Market - Angel One

Radico Khaitan’s Morpheus Brandy Sold 1 Million Cases for 2 Years Straight

Radico Khaitan’s Morpheus Brandy Sold 1 Million Cases for 2 Years Straight

28 May 2024

Radico Khaitan Limited celebrates a remarkable milestone. Morpheus Brandy, named after the Greek God of Dreams, has sold over 1 million cases in record-breaking two consecutive years. This achievement bolsters Morpheus’ position as the undisputed leader in the Indian premium brandy segment, making it the first brand to reach this coveted landmark. Fueled by the …

Praveg Ltd to Increase Presence in Advertising Industry: Signed Agreement for Acquisition

Praveg Ltd to Increase Presence in Advertising Industry: Signed Agreement for Acquisition

28 May 2024

Praveg Ltd, a company focused on providing services to the Hospitality sector, announced a strategic move to bolster its presence in the advertising sector. The Board of Directors has approved the execution of a Share Purchase and Share Subscription Agreement for the acquisition of a 51% majority stake in Abhik Advertising Private Limited and Bidhan …

Cochin Shipyard Secures €60 Million Deal to Build Hybrid SOVs for North Star Shipping

Cochin Shipyard Secures €60 Million Deal to Build Hybrid SOVs for North Star Shipping

28 May 2024

Cochin Shipyard Ltd (CSL) is the largest shipbuilding and maintenance facility in India. The services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. The shipyard has begged orders worth €60 Million of hybrid SOVs from a UK-based offshore renewable operator. The shares of Cochin Shipyard are up by more than …

ZF Commercial Vehicle Strengthened Business: Signed MoU with IITM

ZF Commercial Vehicle Strengthened Business: Signed MoU with IITM

28 May 2024

On May 27, 2024, ZF Commercial Vehicle Control Systems India Limited signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Madras (IITM), with the objective of building the Bharat Multi-Modal Mobility Stack (BM3S). The MoU focuses on ‘Mobility and Intelligent Transportation’ (MInT). The company further added that the BM3S is a game-changing …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

28 May 2024

The benchmark index S&P BSE 500 opened today at 34,057.62 and made its day high at 34,057.62, and it is trading flat today, up by around 0.05%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Sumitomo Chemical India Ltd Shares …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

28 May 2024

Domestic frontline indices exhibited heightened volatility, with broader indices trading significantly lower. The power, utilities, and capital goods sectors faced selling pressure, whereas the metals and consumer durables sectors emerged as notable gainers. At 10:30 am, the BSE Sensex gained 0.21% reaching a level of 75,549. The Nifty 50 index added 0.25% to the 22,988 …

Inox Wind Cracks 10% After Block Deal of 5% Took Place

Inox Wind Cracks 10% After Block Deal of 5% Took Place

28 May 2024

Inox Wind Ltd. is an Indian wind energy service provider, headquartered in Noida, India, and a subsidiary of the Inox Group. It manufactures Wind Turbine Generators (WTGs) and provides services such as wind resource assessment, site acquisition, and more. The shares of Inox Wind have cracked down by 10% today as a large block deal …

Upper Circuit Stocks Today – 28 May, 2024

Upper Circuit Stocks Today – 28 May, 2024

28 May 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 148 points or 0.20% at 75,540, while the Nifty-50 was up around 55 points or 0.25% at 22,988. About 1,408 shares have advanced; 2,079 declined and 159 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Timken India Promoter Plans to Offload 6.6% Stake

Timken India Promoter Plans to Offload 6.6% Stake

28 May 2024

Timken Singapore Pte. Ltd., a significant stakeholder in Timken India, is set to divest a 6.6% stake in the company which has secured considerable attention in the financial markets, given its substantial value and potential impact on Timken India’s stock performance. Details of the Divestment Timken Singapore plans to offload its 6.6% stake, translating to …

LIC Eyeing Double-Digit Growth for FY25

LIC Eyeing Double-Digit Growth for FY25

28 May 2024

Life Insurance Corporation of India (LIC), The Indian multinational public sector life insurance company is India’s largest insurance company as well as the largest institutional investor with total assets under management worth Rs.52.52 trillion as of March 2024. It is under the ownership of the Government of India and administrative control of the Ministry of …

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