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Stocks/Share Market - Angel One

Adani Family Finished Warrant Subscription: Infusion of ₹20,000 Crore

18 April 2024

On April 17, 2024, the flagship company of Adani Portfolio, Ambuja Cements Ltd (Ambuja), announced that the promoters of the company – the Adani family have fully subscribed to the warrants program in the company with further capital infusion of ₹8,339 crore. This infusion took the capital added by the Adani family to ₹20,000 crore. …

Paytm Announces User Migration to New Banks with NPCI Approval

18 April 2024

One 97 Communications Limited (OCL), the parent company of India’s leading payments and financial services app Paytm, received a green light from the National Payments Corporation of India (NPCI) to initiate user migration to new partner banks. This development, announced on April 17, 2024, signifies a significant shift for Paytm’s UPI (Unified Payments Interface) users …

Biocon Strengthened Its Business Operations: Signed Agreement With Biomm S.A.

18 April 2024

Biocon Limited, a leading global biopharmaceutical company, recently announced a significant step in expanding access to its innovative diabetes treatment. Biocon signed an exclusive licensing and supply agreement with Biomm S.A., a prominent speciality pharmaceutical company in Brazil. This strategic partnership paves the way for the commercialisation of Semaglutide (gOzempic) in the Brazilian market, a …

DroneAcharya Aerial Innovations Partners with CBAI Technologies for 200 Training Drones

18 April 2024

On April 18, 2024, DroneAcharya Aerial Innovations informed in an exchange filing that the company had signed an agreement with CBAI Technologies Private Limited to procure 200 Type Certified training drones over three years. This marks a significant stride in DroneAcharya’s mission to revolutionise drone education and skill development in the country. Commenting on the …

Technvision Ventures Limited Introduces Emagia Corporation’s GiaPay, an AI-powered B2B Payments Solution

18 April 2024

On April 17, 2024, Technvision Ventures Limited announced in an exchange filing that the company’s step-down subsidiary, Emagia Corporation, launched GiaPay, an Al-powered B2B Payments Orchestration solution designed for the modern B2B payments needs of global enterprises. The company stated that the new platform, Giapay, is available as a stand-alone solution with API connectors and …

Hindustan Zinc Became 3rd Largest Silver Producer: World Silver Survey 2024

18 April 2024

As of April 18, 2024, the Vedanta group company Hindustan Zinc Limited, which produces zinc, lead, and silver, has become the third-largest producer of silver worldwide, according to the World Silver Survey 2024 carried out by “The Silver Institute,” USA. The company’s Sindesar Khurd Mine has risen from fourth to second place in the world …

Just Dial Zoomed Over 8% After Release of Financial Results for Q4 FY2024

18 April 2024

The leading local search engine company, Just Dial Limited, recently declared its results for the fourth quarter ended March 31, 2024 (Q4 FY2024). The company recorded YoY growth of 16.2% in operating revenue ₹270.3 crore. The operating revenue witnessed a surge of 2.0% on a QoQ basis. Operating EBITDA for the quarter stood at ₹70.6 …

Is PVR’s Stock Ready to Deliver Mega Blockbuster Returns on D-Street?

18 April 2024

Once a superstar stock of D-Street, it turned its role to become a struggler as the stock witnessed a correction of nearly 32% from December 2023 highs. It could be attributed to multiple reasons which include the average collections of Bollywood and Hollywood films have dropped 50% YTD according to Bollywood Hungama. PVR announced the …

CAMS Jumps over 5%; Can it Touch Rs 3800?

18 April 2024

After logging a hat-trick of losses, the Indian benchmark indices started off Thursday’s session on a positive note, with Nifty and Sensex trading up by 0.15% and 0.03%, respectively. However, benchmark indices have cooled off from the day’s high. That said, market breadth is firmly in favor of advances, as more than 1500 stocks were …

Paytm: How Does the Company Fare after the Drastic Fall?

18 April 2024

The New Age Indian FinTech company, whose Initial Public Offer came at a offer price of Rs. 2100 has fallen drastically from there losing more than 80% of the value of its offer price and currently trading at Rs.393 a piece on 18th April. Why such a drastic fall? In the past months, the stock …

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