Stocks/Share Market - Angel One

On May 8, 2024, PVR INOX Ltd informed the stock exchanges that they had opened a 7-screen multiplex in KOPA Mall, Pune. The cinema introduces the nation’s premier luxury cinema experiences, Director’s Cut and the immersive ICE Theatres®, making their debut in the West Region. This cinema boasts 5 Director’s Cut auditoriums, part of PVR …

Wipro Limited, a leading global technology services and consulting company, announced a strategic collaboration with Kognitos Inc., a leader in Generative AI (GenAI) automation, on May 08, 2024. This partnership signifies a joint commitment to delivering innovative enterprise-ready business automation solutions powered by GenAI technology. Dual Collaboration: Strategic Partnership and Investment The collaboration encompasses two …

Yesterday, the Reserve Bank of India (RBI) lifted the restriction it had placed on the Bank of Baroda (BoB) regarding onboarding new customers through its mobile app ‘Bob World’. This decision comes over six months after the RBI initially imposed the restriction in October 2023 due to significant supervisory concerns. RBI’s Initial Curbs Utilizing its …

In a significant move towards bolstering India’s clean energy transition, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, India’s largest power utility, signed a Memorandum of Understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) on May 8, 2024. This strategic collaboration marks a crucial step forward in developing …

L&T is an Indian Multinational Company engaged in EPC projects, Hi-Tech Manufacturing and services, It is one of the largest companies in India with a market capitalisation of more than Rs.4.5 Lakh Crores, Yesterday the company reported its Q4 results which were in line with but the weak guidance from the management has shifted the …

On May 08, 2024, Nifty 50 closed at 22,302.50, and Sensex dropped 0.06%, closing at 73,466. Top Gainers and Losers On the sectoral front, Nifty Oil & Gas, Nifty Auto, Nifty Metal and Nifty PSU Bank ended in the green. Meanwhile, Nifty Private Bank, Nifty Bank, Nifty Financial Services and Nifty IT were declining. The …

Company Overview Founded in 1884, Dabur India Ltd. stands as a stalwart in the fast-moving consumer goods industry. Based in Ghaziabad, India, the company operates across diverse segments, including Consumer Care Business, Foods Business, and Others. Its extensive product portfolio encompasses home care, personal care, health care, packaged fruit juices, beverages, and culinary items. Market …

Company Overview Chalet Hotels Ltd., founded on January 6, 1986, operates as a prominent player in the hospitality industry in India, with additional interests in real estate and retail. Headquartered in Mumbai, the company’s main business segment involves hotel operations, complemented by residential real estate sales and commercial property leasing. Market Performance and Technical Analysis …

On Wednesday, benchmark indices concluded the trading day on a flat note, with the Sensex marginally declining by 0.06% to close at 73,466.39, while the Nifty closed unchanged at 22,302.50. Nifty Auto, Nifty Energy, and Nifty Metal closed as Top gaining sectors, whereas Nifty Bank, Nifty Financial Services, and Nifty IT were among the top …

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Peninsula Land Ltd Peninsula Land Ltd has shown significant market activity with its stock price peaking at Rs 64.7 today before settling at Rs 61.15, which marks a sharp rise of 12.62% from …