Share Market - Angel One - Page 147

Greaves Cotton Limited, through its electric mobility arm Greaves Electric Mobility Private Limited (GEMPL), has introduced its electric 3-wheeler passenger vehicle, the Greaves Eltra City, at an attractive price of ₹3,66,999. This move comes in response to surging demand and positive feedback received for its cutting-edge features. Launched earlier this year, the Eltra City is …

Hi-Tech Pipes Ltd has reported its operational results for the quarter ended June 2024, marking a historic achievement with its highest-ever sales volume in Q1FY25. The company recorded a substantial 45% increase in sales volume, reaching 1,22,155 metric tons (MT) compared to 84,489 MT in the same period last year, and a 13% increase quarter-on-quarter …

ITI Limited is excited to announce its participation in the 13th edition of the Strategic Electronics Summit 2024 (SES 2024). This premier event, organized by the Electronic Industries Association of India (ELCINA), will take place from 17th to 18th July 2024 at The Lalit Ashok Hotel in Bengaluru. Showcasing Technological Prowess At SES 2024, ITI …

About Order Advaith Infratech Limited, a leading player in the power transmission and distribution sector, has secured a significant order from Power Grid Corporation of India Limited (PGCIL) for the execution of OPGW Live Line Installation work in the Ladakh region. The project, valued at Rs 35,07,57,712 (excluding GST), marks a major milestone for Advaith …

Godrej Consumer Products Ltd (GCPL) has unveiled ambitious plans to streamline its global manufacturing operations, aiming to shrink its footprint by 40% by FY 2026. This initiative is part of a broader strategy to optimise costs, enhance profitability, and reinforce its commitment to manufacturing in India. Currently, GCPL operates 36 manufacturing facilities globally, with 14 …

JSW MG Motor India, a dynamic joint venture between MG Motor and the JSW Group, is poised for significant growth. It has a strategic investment plan and a commitment to electric vehicles (EVs). Investing in the Future ₹3,000 Crore Infusion: The company has committed ₹3,000 crore (approximately $448 million) by the end of 2025. These …

Bajaj Auto, a leading Indian two-wheeler manufacturer, projects a positive outlook for the industry. The company anticipates a growth of 6-8% in the current fiscal year, potentially reaching the peak sales figures achieved in 2018-19 by the fourth quarter or early next year. Market Poised for Rebound Rakesh Sharma, Executive Director at Bajaj Auto, highlights …

Zee Entertainment Enterprises Limited (Zee) has received a significant financial boost with the board’s approval to raise ₹1,997 crore (approximately $239 million) through foreign currency convertible bonds (FCCBs). This strategic move strengthens Zee’s financial position and unlocks fresh capital for potential growth initiatives. The Investment Details Investors: Resonance Opportunities Fund, St. John’s Wood Fund Limited, …

L&T Finance Limited (LTF), a leading Indian NBFC, reported strong financial results for the first quarter of FY2025 (ending June 30, 2024). This performance highlights the company’s commitment to its “Lakshya 2026” strategy, which aims to transform LTF into a top-tier, digitally-driven, and customer-centric retail financier. Extensive Network and Deep Market Penetration LTF boasts a …

Hinduja Tech Limited (HT), a subsidiary of Ashok Leyland and a major player in mobility-focused engineering R&D services, announced a strategic move today. The company signed a definitive agreement to acquire the TECOSIM Group, a prominent engineering services provider based in Germany. This acquisition marks a significant step forward for Hinduja Tech, solidifying its position …