Stock Market Updates - Angel One - Page 1126

Bharti Airtel, on 29 August 2021, announced to raise funds via rights issuance. Owing to ‘present economic conditions’ and a future business strategy, the telco is seeking to raise capital amounting to Rs. 21,000 crores. The company is looking to raise funds to enter and sustain itself in the upcoming and competitive 5G market. Below is …

Bharti Airtel is expected to outperform its rivals in terms of revenue market share in the coming quarters due to a combination of tariff hikes and SIM consolidation. The company’s mobile revenues grew at a robust rate of 6% in the December quarter. This was significantly higher than the 3.3% growth recorded by its rivals, …

Coal India Ltd., a Maharatna public sector undertaking, has generated Rs. 4,556 crores consolidated net profit during FY 22 Q3 ended in December 2021 ─ marking a surge from Rs. 3,084 crores in FY 21 Q3. Isn’t this 48% growth astounding? To know more, keep scrolling! Get an Insight into Coal India’s Revenue! The sales …

Coal India, the government-owned mining and refining corporation, announced the plan to reduce its workforce by 5% every year in the coming 5 to 10 financial years. It will close its unviable mines as well in this due tenure. This news came just a day after Coal India Limited registered a 23.9% deficit in its …

In very surprising news, Coal India witnessed its share price rising to Rs. 198.60, touching a 52-week high. The share price rose over 4% on intraday trading on Tuesday. Share prices had previously surged 52 per cent in the last six months. Here is a brief rundown of the story. Key Highlights of the Story …

The existing margin rule for intraday trading is going to change from December 1, 2020. The Securities and Exchange Board of India on Monday confirmed that from now onwards, traders and investors will have to maintain upfront margin in their account to receive leverage from brokers. The new upfront collection of margins guidelines by SEBI pave …

Shares of Rama Steel Tubes Limited (RSTL), an Indian manufacturer of steel pipes and tubes, have hit 5% in the upper circuit. This stock has crossed the upper circuit for eight straight sessions in an otherwise weak market. It has logged a total of 75% rise from its Rs. 234.25 levels as of 27 December …

Telecom company Bharti Airtel brought the curtains down on a low-tariff era when it hiked tariffs on its prepaid services by nearly 20 to 25 per cent as it reportedly aims to increase its average revenue per user (ARPU). The tariff hike came into effect from November 26 but immediately after the announcement, on November 21, …

Introduction Traders and investors in the stock market frequently use the words penny stocks and blue-chip stocks. These two stocks each have their own benefits and drawbacks. Investors like these equities because of their responsibility and capacity to pay dividends while taking into account the risk associated with these stocks. Among the several stock classes …

On 5 September 2021, Telecom stocks jumped prior to the Cabinet meeting scheduled for later that day to consider monetary relief to embattled enterprises. On the other hand, Vodafone Idea stock went up by 0.58% and reached Rs. 8.74 apiece. Reliance Communications gained 1.6%, while MTNL climbed by about 2%. Moreover, Bharti Airtel share price …