Stocks/Share Market - Angel One

As reported in a recent stock exchange filing, KPI Green Energy Limited recently made significant developments in the renewable energy sector. The company has successfully participated in competitive bidding processes for developing Solar and Hybrid Renewable Energy (RE) Projects under two separate tenders issued by GUVNL. The first tender, Tender-I, involves procuring 500 MW grid-connected …

Emcure Pharmaceuticals Ltd and its subsidiary Gennova Biopharmaceuticals Limited have announced a pivotal agreement with Sunsure Energy, one of India’s leading renewable energy providers. The partnership involves a 22.78 MWp DC Solar Power Purchase Agreement (PPA), marking a significant move towards sustainability for both companies. Under this agreement, Emcure and Gennova will source ~36 million …

Shiva Cement Limited (SCL) has announced in a stock exchange filing that its Board of Directors, following the Audit Committee’s recommendations, has approved a significant business development plan. This plan involves the establishment of a new cement grinding unit with a capacity of 1.0 million tons per annum (MTPA) at Bhushan Power and Steel Limited’s …

DLF Ltd announced financial results for Q1 FY 2025. The company stated that it remains on track to achieve its short-term and long-term business goals. In Q1 FY2025, the company reported impressive new sales bookings of ₹6,404 crore, reflecting a year-over-year (YoY) growth of 214%. Consolidated revenue for the quarter was ₹1,730 crore, up by …

Jupiter Wagons Limited, which offers comprehensive mobility solutions including road, rail, and marine transportation, has announced its financial results for Q1 FY 2025. Financial Highlights for Q1 FY2025 The company reported total income for Q1 FY2025 was ₹90,219 lakh, marking a 19.4% increase year-over-year (YoY). EBITDA for Q1 FY2025 reached ₹12,886 lakh, up 32.4% YoY, …

Texmaco Rail & Engineering Limited has announced that it has entered into definitive agreements with JRIL, JITF Urban Infrastructure Services Limited, and Siddeshwari Tradex Private Limited, to acquire 100% of Jindal Rail & Infrastructure Limited (JRIL). The acquisition, valued at ₹615 crore in cash, is subject to closing adjustments as outlined in the agreements. JRIL’s …

On July 25, 2024, Mankind Pharma Limited announced that it had signed a definitive agreement to acquire Bharat Serums and Vaccines Limited (BSV) from Advent International for about ₹13,630 crore, pending closing adjustments. Mankind Pharma will acquire a 100% stake in BSV by purchasing 73,086 equity shares. The acquisition does not qualify as a related …

On July 25, 2024, Cupid Limited, a leading contraceptive and personal wellness brand, announced that it has expanded its online presence on major Indian e-commerce platforms like Amazon, Flipkart, and 1mg. This strategic move aims to make Cupid’s high-quality products more accessible to customers nationwide, emphasising the company’s dedication to health and well-being. Now, consumers …

Tech Mahindra announced its Q1FY25 results yesterday, with net profit reaching Rs.851.5 crore, reflecting a significant y-o-y boost of 23% and a sequential rise of 28.8%, this surge was anticipated by analysts due to a low base in Q4FY24. Despite the positive results, Tech Mahindra’s shares dropped by over 4% in early trading today, coming …

Indus Towers Ltd. has announced that its board of directors will meet on July 30 to consider a proposal for the buyback of its fully paid-up equity shares, each valued at Rs 10. This move comes in accordance with the applicable provisions under the Companies Act, 2013, and the Securities and Exchange Board of India …