Stocks/Share Market - Angel One

On July 17, 2024, Royal Enfield launched the Guerrilla 450, a new modern roadster motorcycle. It’s designed to bring back the essence of roadsters – dynamic, intuitive, and lively across its entire power range. Engineered for a thrilling riding experience, the Guerrilla 450 is powerful, versatile, and sophisticated. It promises pure, exhilarating fun whether you’re …

TATA AIG and Mahindra Finance have recently entered into a strategic partnership to broaden the distribution of non-life insurance products. This collaboration aims to leverage Mahindra Finance’s extensive customer base and TATA AIG’s robust insurance solutions, thereby enhancing financial security for millions of customers. Partnership Announcement TATA AIG, a leading provider of general insurance in …

Shares of Bajaj Electricals Ltd. plummeted by over 5% on Thursday following the announcement of the resignation of Managing Director and CEO Anuj Poddar. Poddar is stepping down to pursue an external opportunity, a decision that has caused significant ripples in the market. Acknowledging Anuj Poddar’s Contributions In a filing to the stock exchanges on …

Bata India is now set to expand its footprint and boost same-store sales as the company aims to concentrate on its top six brands, as highlighted in its latest report. Focusing on these brands, including the popular Floatz, is expected to drive retail business growth and unlock new opportunities for the company. In FY24, Bata …

K2 Infra is India’s emerging Project Engineering, Power Engineering, and EPC organization. It was founded by a group of professionals with vast experience in Project & Power Management and strong financial backing to achieve their objectives. K2 was established in 2015 and began focused operations in 2018 under the name of K2 Infragen Limited (a …

The Indian Renewable Energy Development Agency Limited (IREDA) is a public sector enterprise in India that provides financial assistance and services for projects focused on renewable energy and energy efficiency/conservation. Established in 1987, IREDA is a Navratna organization owned by the Government of India and is administratively controlled by the Ministry of New and Renewable …

Coredge, a deep tech startup, has gained recognition for its innovative approach to sovereign AI and cloud platforms. It has a customer base across Japan, Singapore, and India, with cloud providers, government departments, and telecom service providers widely adopting its products. Coredge’s goal is to develop a comprehensive solution package for independent data centers, covering …

Shares of Hindustan Aeronautics Ltd. (HAL) fell over 4% on Thursday, continuing their downward trend from Tuesday, when the stock declined by 3.3%. Valuation Comparison: HAL vs. Dassault Aviation A recent report draws an intriguing comparison between HAL and its global peer Dassault Aviation. Dassault achieved a revenue of $5.19 billion and a profit of …

DLF, India’s largest real estate firm by market capitalization, is gearing up for growth in FY25. Chairman Rajiv Singh announced plans to achieve a 15% increase in sales bookings, aiming for a staggering Rs.17,000 crore which includes venturing into new territories such as Mumbai and Goa, highlighting the company’s expansion to tap into emerging opportunities. …

Tata Power, under the Chairman, N. Chandrasekaran,  during the company’s 105th Annual General Meeting (AGM), has announced a major capital expenditure (capex) plan of Rs.20,000 crore for FY25 which comes in addition to the Rs.12,000 crore invested in FY24.  Renewable Energy A large portion of the capex will be directed towards accelerating Tata Power’s renewable …