Share Market - Angel One - Page 138

KLM Axiva Finvest, a non-banking finance company (NBFC), is set to issue secured redeemable non-convertible debentures (NCDs). The total issue size is Rs 75 crore, with a green-shoe option to retain oversubscription up to an additional Rs 75 crore, bringing the total potential issue size to Rs 150 crore. NCD Details The KLM Axiva Finvest …

In the world of business, consistent growth is a key indicator of a company’s resilience and potential. Today, we spotlight five companies that have demonstrated impressive growth over the past three quarters. These companies, spanning various industries, have shown their ability to adapt, innovate, and lead in their respective fields. Five companies with profit growth …

Expanding into the North American Market Rushil Decor Ltd., a leading manufacturer of eco-friendly MDF, laminates, PVC, and WPC, is expanding its presence into the North American market. This strategic move marks a significant milestone in the company’s global growth strategy, aiming to capitalize on one of the world’s largest markets for laminates and MDF. …

Oil India Limited is a central public sector enterprise involved in the exploration, development, and production of crude oil and natural gas. Additionally, the company is engaged in the transportation of crude oil and the production of liquefied petroleum gas. Oil India Ltd. Signs Contract with Dolphin Drilling for Offshore Exploration Oil India has entered …

Gensol Engineering Ltd., a prominent player in the renewable energy sector, has recently made significant strides in advancing solar and battery storage projects in Gujarat. This marks a substantial development in the company’s ongoing efforts to enhance sustainable energy solutions across the region. Gensol Engineering Wins Rs 600 Crore Solar Projects in Gujarat Gensol Engineering …

Rewarding Shareholders and Expanding Equity BigBloc Construction Ltd, one of India’s largest manufacturers of Aerated Autoclaved Concrete (AAC) blocks, bricks, and panels, has announced a significant move to reward its shareholders. The company’s board of directors recommended issuing bonus equity shares in a 1:1 ratio. This means that shareholders will receive one bonus equity share …

On July 22, 2024, the Nifty 50 and Sensex fell by -0.09% and -0.13%, respectively, closing at 24,509 and 80,502. Indian benchmark indices closed lower for the second consecutive session on July 22, driven by selling in heavyweight stocks. Traders remained cautious ahead of the Union Budget announcement scheduled for July 23, 2024. Top Gainers …

Nidec Corporation announced that it signed a memorandum of understanding (MOU) with Tata Elxsi Ltd. on July 22, 2024. Tata Elxsi, a Tata Group company, specialises in design, technology development, system integration, and software development. It has expertise in areas such as autonomous driving, advanced driver assistance systems, electrification, connected car solutions, and other automobile …

On Monday, the market displayed muted sentiment with the benchmark indices ending the trading day on a negative note. The Sensex dipped by 0.13% to close at 80,502.08, while the Nifty fell by 0.09% to 24,509.25. Despite the downturn in the benchmark indices, the broader market saw a positive surge. The Nifty Mid-cap closed up …

On Monday, the Indian benchmark indices concluded the trading day on a notably negative note, with the Sensex losing by 0.13% to close at 80,502, and the Nifty slipped by 0.09% to finish at 24,509. The broader market experienced some gains, as the Nifty Mid-Cap closed in green by 1.28%, and the Nifty Small-Cap jumped …