Stocks/Share Market - Angel One

Jana Small Finance Bank Limited has announced its unaudited financial results for the quarter and half-year ending September 30, 2024. For the first half of FY25 (H1 FY25), the bank’s Loan Assets Under Management (AUM) grew by 17% year-over-year (y-o-y) to ₹26,411 crore, with 65% of its assets secured. The bank also reported strong deposit …

On Tuesday, October 22, 2024, the domestic equity indices, Sensex and Nifty 50, will likely open a muted note on Tuesday after mixed cues from global markets. Check out a few stocks, which can be in focus during the trading session. Hyundai Motor India Hyundai Motor India shares are set to debut on stock exchanges …

EPACK Durable Limited (EDL) announced a significant partnership with Hisense, a global leader in consumer electronics and home appliances, marking a strategic alliance.  This partnership aims to strengthen both companies’ presence in the Indian and international markets. Under this agreement, EPACK Durable will set up an advanced, dedicated manufacturing facility in India to produce Hisense’s …

The share price of Tejas Networks surged to hit the 20% upper circuit at Rs 1,425.20 on the NSE during Monday’s early trading session. This significant rally pushed the stock to a fresh three-month high, driven by the company’s robust financial results for Q2FY25, released last Friday. Strong Financial Performance in Q2FY25 Tejas Networks delivered …

Zomato co-founder and CEO, Deepinder Goyal, has come up with his latest personal venture, Continue—a project centered around health tracking and mental wellness. While the website Continue.com is still in stealth mode, being billed as “The Ultimate Health Tracker,” the venture seems to be all about improving overall health and longevity, something Goyal is personally …

Indiamart Intermesh Share Price Plummets: Key Insights from Q2FY25 On Monday, IndiaMart InterMesh Ltd.’s share price experienced a dramatic 17% drop, marking the sharpest single-day fall since its listing. With this plunge, the share price hit a four-month low, raising concerns among investors despite the company’s strong financial performance in the July-September quarter of FY24. …

Shares of JM Financial dipped by 6.3% to Rs.148.70 today, on October 21, 2024, following a major regulatory update. The Reserve Bank of India (RBI) has lifted the restrictions it imposed on JM Financial Products, a key subsidiary of JM Financial Ltd., earlier this year. Reason for the Ban Back in March 2024, the RBI …

Tata Group Companies Show Strong Gains Shares of several Tata Group companies were buzzing on the stock exchanges on Monday, with Tata Chemicals leading the charge with a nearly 10% surge. Tata Investment Corporation also gained nearly 5%, reflecting strong investor interest. This bullish movement comes amid renewed excitement surrounding the much-anticipated Tata Sons IPO, …

JSW Steel and Japan’s JFE Steel Corporation are teaming up to acquire 100% of Thyssenkrupp Electrical Steel India (tkES India) in a Rs.4,051.4 crore deal. It was announced recently and will be executed through a 50:50 joint venture, with both companies aiming to boost their footprint in the electrical steel sector. The acquisition also includes …

Kotak Mahindra Bank has entered into a definitive agreement to acquire Standard Chartered Bank’s Rs.4,100 crore personal loan portfolio in India. This acquisition, expected to be completed over the next three months, is to strengthen Kotak’s position in the affluent customer segment and drive retail lending growth. What’s the Deal About? Kotak is set to …