Share Market - Angel One - Page 119

Companies Announce Share Buybacks Following Tax Changes In the wake of proposed tax changes announced by Finance Minister Nirmala Sitharaman during her Budget 2024 speech on July 23, five companies are set to announce share buybacks by the first week of August. New Taxation on Share Buybacks The Finance Minister proposed a significant change, stating, …

GE Power India Limited has recently secured significant contracts from NTPC Limited and SNJ Distillers Private Limited. The total value of these contracts stands at Rs 3.51 Crores (excluding GST 18%), marking a notable achievement for the company. Here’s a detailed look into the recent developments and what they mean for GE Power India Limited. …

The Indian stock markets exhibited a positive bias on Tuesday. The Nifty50 index added 115 points to trade at 24,950, while the Sensex advanced by 375 points to reach 81,727. Among the indices, the Nifty Bank index outperformed with a 0.57% gain. Additionally, the broader indices, Nifty Midcap and Smallcap, hit fresh highs, indicating strong …

On July 29, 2024, the benchmark indices Nifty was up 0.01% to close at 24,836 and Sensex rose 0.03% to close at 81,355, respectively. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Media, Nifty Realty and Nifty Oil and Gas ended in the green. Meanwhile, Nifty IT and Nifty FMCG were …

On Monday, the market exhibited mixed sentiment with the benchmark indices trading on a flat note. The Sensex edged up by 0.03%, reaching 81,355.85, while the Nifty increased by 0.01%, breaking the level of 24,836.10 points. In contrast, the broader market showed significant gains. The Nifty Mid-cap closed up by 1.03% and the Nifty Small-cap …

Shares of PNB Housing Finance, a subsidiary of Punjab National Bank, fell over 2% in opening trade today, with a significant volume of 3.4 crore shares changing hands compared to a two-week average of 0.63 lakh stocks. This drop came amid news that private equity firm Carlyle was selling up to a 6.4% stake in …

Incorporated in 2003 by the Government of India, Rail Vikas Nigam Ltd. (RVNL) specializes in executing a wide array of rail infrastructure projects assigned by the Ministry of Railways (MoR). These projects encompass doubling, gauge conversion, new railway lines, electrification, construction of major bridges, workshops, and production units. Additionally, RVNL is involved in sharing freight …

Colgate-Palmolive (India) Limited is a subsidiary of Colgate-Palmolive Company, an American multinational consumer products company headquartered in the USA. The company is India’s leading provider of scientifically proven oral care products. The range includes toothpastes, toothpowder, toothbrushes, and mouthwashes under the Colgate brand, as well as a specialized range of dental therapies under the banner …

RITES Ltd, an enterprise under the Ministry of Railways, announced on Monday a strategic partnership with the National Highways Authority of India (NHAI). This collaboration aims to deliver comprehensive consultancy services for NHAI projects, specifically focusing on highways, bridges, tunnels, and road safety audits. Comprehensive Consultancy Services In a recent exchange filing, RITES highlighted the …

The Italian-Thai Development Public Company Limited, commonly known as ITD, was founded on August 15, 1958, by Chaijudh Karnasuta and Giorgio Berlingieri with the goal of establishing a prominent Thai construction company. Initially named “Italian-Thai Development,” it transitioned to a limited public company on March 24, 1994, and was subsequently listed on the Stock Exchange …