Share Market - Angel One - Page 161

The benchmark index S&P BSE 500 opened today at 36,472.54 and made its day high at 36,644.17, and it is trading in green today, up by around 0.45%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Inox Wind Ltd Shares …

On Friday, the market extended its gains for six consecutive weeks, marking the longest streak in 2024. Benchmark indices outperformed broader markets, with the market reaching a record high driven by broad-based gains in the IT sector. The Sensex hit an intra-day record high of 80,894 and surged by 0.78%, closing at a new all-time …

Adani Wilmar (AWL), a leading player in India’s food and FMCG sector, has taken a significant step towards diversifying its portfolio by acquiring a majority stake in Omkar Chemical Industries Private Limited (OCIPL). This strategic move, announced on July 11, 2024, positions AWL to gain a strong foothold in the burgeoning speciality chemicals market. Strategic …

Mirae Asset Mutual Fund will acquire 9.95% paid-up share capital or voting rights in the Utkarsh Small Finance Bank within a year from the date of approval from RBI, the bank said in an exchange filing on Thursday. Mirae Asset Mutual Fund has a footprint not only in India but also a global presence in …

GTPL Hathway Limited, India’s leading Digital Cable TV and Broadband service provider, announced positive financial results for the quarter ending June 30, 2024 (Q1FY25). The company demonstrated consistent growth across key metrics, showcasing a robust business performance. Financial Highlights Revenue: GTPL Hathway reported a total revenue of ₹8,506 million in Q1FY25, reflecting a 4% growth …

Prakash Industries Limited announced in a stock exchange filing that the Ministry of Environment, Forest and Climate Change, Government of India, has granted Final/Stage-II approval for the Bhaskarpara Commercial Coal Mine in Chhattisgarh, following the In-principle Stage-I approval received on August 21, 2023. The company stated that the Permission to Establish has already been obtained …

Sharika Enterprises Limited announced that its subsidiary, Sharika Smartec, has entered into a triparty Memorandum of Understanding (MOU) with JSW Group and MS Ramaiah Institute of Technology (MSRIT). MSRIT is an autonomous private engineering institute affiliated with Visvesvaraya Technological University and approved by the Karnataka State Government. The collaboration aims to transform conventional power systems …

Tata Elxsi Limited announced the inauguration of the Tata Elxsi + NI Mobility Innovation Centre (TENMIC) in Bengaluru. In a stock exchange filing, the company stated that this state-of-the-art facility is designed to accelerate automotive innovation through advanced systems, software solutions, and global automotive expertise. The launch event was led by Manoj Raghavan, MD and …

On July 11, 2024, Aditya Birla Fashion and Retail Limited announced a significant increase in its stake in Goodview Fashion Private Limited (GFPL), raising its shareholding from 33.5% to 51%. This acquisition, achieved through the secondary purchase of a 17.5% equity stake from existing shareholders, has resulted in GFPL transitioning from an associate company to …

Based on technical analysis, IRB Infrastructure Developers & Indian Bank are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 67.93 and Rs 557.00 respectively, their price aligns with positive signals from technical indicators …