Share Market - Angel One - Page 166

Based on technical analysis, Indian Railway Catering & Tourism Corp & Wealth First Portfolio Managers 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 1,038.50 and Rs 832.15 respectively, their price aligns with …

On Thursday, the benchmark indices were trading in the green with the Sensex up around 82 points or 0.10% at 80,000, while the Nifty-50 was up around 25 points or 0.10% at 24,350. About 2,113 shares have advanced; 982 declined and 111 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

On July 11, 2024, Global Surfaces Ltd (GSL) announced in a stock exchange filing that its wholly owned subsidiary, Global Surfaces FZE (GS FZE), had entered into a License Agreement on July 10, 2024, with SQIP, LLC, a Florida-based limited liability company (Licensor), and Veegoo Technology Co. Ltd (Veegoo). The agreement aims to develop, produce, …

Tata Consultancy Services (TCS) has reported its first-quarter results for FY25, aligning closely with market expectations. The company recorded a consolidated net profit of Rs.12,040 crore, marking around 8.7% – 9% y-o-y increase from Rs.11,074 crore in Q1FY24. Revenue from operations grew by 5.4% to Rs.62,613 crore, compared to Rs.59,381 crore in Q1FY24 and 4.4% …

On July 11, 2024, Sprayking Limited, previously known as Sprayking Agro Equipment Limited, announced through a stock exchange filing its successful utilisation of recycled waste copper alloy scrap to manufacture high-quality copper alloy components at its newly established factory located at Jamnagar, Gujarat. In the past three months, Sprayking Limited has maintained a clean compliance …

On July 10, 2024, Meson Valves India Limited, known for its expertise in manufacturing and servicing valves across various industries, announced a Share Purchase Agreement with Milindpra Castings Private Limited. Meson will acquire 7,033 shares of Milindpra Castings for ₹70,330, priced at ₹10 per share. Milindpra Castings, a newly established company in the metal casting …

Yesterday, Bajaj Healthcare Limited’s Board of Directors approved several resolutions at their board meeting which was held to comply with SEBI regulations, including decisions on increasing the company’s authorized share capital, issuing equity shares, and convertible equity warrants to strengthen the company’s financials. Authorized Share Capital The board approved an increase in the authorized share …

Siemens Limited, as a part of a consortium with Rail Vikas Nigam Limited (RVNL), has secured a contract from Bangalore Metro Rail Corporation Limited (BMRCL) for the electrification of Bengaluru Metro phase two. This project aims to enhance sustainable urban transport in the city. The total contract value is approximately ₹766 crore, with Siemens Limited’s …

JSW MG Motor, one of the leading names in automobile manufacturing, has partnered with Shell India for EV charging expansion across India. This collaboration aims to provide consumers with fast charging options in cities and along long-distance routes to enhance the electric charging infrastructure. JSW MG Motor India currently operates a manufacturing plant in Halol, …

REC Limited, a state-run entity, announced that the company has secured a green loan amounting to JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG, GIFT City branch. This marks a significant step towards financing sustainable development in India. This green facility is a pioneering collaboration between an Indian government entity and Deutsche …