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Share Market - Angel One - Page 179

SAIL to Invest Rs 6,500 Crore in Capital Expenditure for FY25

8 July 2024

SAIL CMD Amarendu Prakash said on Friday that they are going to invest 6500 crore for this fiscal year 2025 in capital expenditure. In the past update, the Sail management has already informed us that in the coming 3–4 years they are going to invest a total of 1 lakh crore across all their plants …

Coforge Acquires Additional 28% Stake in Cigniti Technologies for Rs 1,072 Crore

8 July 2024

The total number of shares acquired by Coforge Ltd. is 46,18,199, according to block deal data that is accessible on the BSE. 16.9% stake in Cigniti Technologies and a total of 28% stakes acquired by Coforge Ltd. On July 5, 2024, for 645 crores, 17% of stockholding was done by Coforge Ltd. through open market …

Nava: Newly Issued Exploration Licenses in Zambia Focus on Lithium

8 July 2024

Nava Bharat Ventures has grown into a formidable multinational company, with a diversified portfolio that spans metals manufacturing, power, mining, agribusiness, and healthcare. As part of a larger multinational industrial group, Nava Bharat Ventures has established a significant presence in India, Southeast Asia, and Africa, positioning itself as a leader in multiple sectors. Expansion into …

PCBL’s Patent: Revolutionizing Tire Performance with Hybrid Carbon Black and Graphene

8 July 2024

Introduction to PCBL PCBL, established in 1960, is a prominent manufacturer of carbon black with operations spanning four plants located in Durgapur (West Bengal), Mundra (Gujarat), Palej (Gujarat), and Kochi (Kerala). These facilities collectively boast an impressive aggregate capacity of 6,03,000 MTPA. In a significant development, PCBL commissioned a greenfield project in Chennai, Tamil Nadu, …

Share Market Pre Open Updates – July 08, 2024

8 July 2024

On July 5, 2024, Nifty 50 and Sensex ended the day flat, with Nifty rising 0.09% to close at 24,323, whereas Sensex fell 0.07% to close at 79,996. Indian stock markets continued their rally for the 3rd straight day but ended the day flat. About 1,820 shares advanced, 1,588 shares declined, and 74 shares unchanged. …

Marico vs. Dabur: Q1 FY2025 Business Update Breakdown

8 July 2024

Marico Domestic Business: Modest volume growth, driven by Saffola Oils and Foods segments. Value Added Hair Oils faced headwinds but are expected to recover. Project SETU aims to expand direct reach. International Business: Strong double-digit constant currency growth on the back of resilient and broad-based growth across markets. Consolidated Revenue: High single-digit growth despite pricing …

IndusInd Bank Reports Solid Growth in Q1 FY2025

8 July 2024

IndusInd Bank Ltd, a leading private sector lender in India, released its financial performance for the first quarter of the fiscal year 2025 (Q1 FY2025), showcasing positive growth in key areas. The bank’s net advances, which represent the total amount of credit disbursed to customers, witnessed a significant jump of 16% to ₹3,48,107 crore as …

Punjab & Sind Bank Aims for Growth with 100 New Branches and ATMs

8 July 2024

Punjab & Sind Bank aims to significantly expand its presence across India in the current financial year, with plans to open 100 new branches and add 100 ATMs to its network. The Managing Director of the bank, Swarup Kumar Saha highlighted that this initiative will increase the bank’s branch count to 1,665 and ATM count …

Magellanic Cloud’s Subsidiary Receives Certification for Agricultural Drone

8 July 2024

Magellanic Cloud Ltd announced in a stock exchange filing that its subsidiary, Scandron Private Limited, has received Type Certification for its Unmanned Aircraft System (UAS) model “SNDAG010QX8”. The company stated that this advanced drone system is specifically engineered for agricultural agrochemical spraying, and features a sprayer tank with a maximum capacity of 8 litres, ensuring …

Cupid Ltd Unveils New Mother Warehouse in Mumbai Amid Rapid B2C Growth

8 July 2024

Cupid Ltd announced in a stock exchange filing the grand opening of its new Mother Warehouse in Bhiwandi, Mumbai. The company stated that this strategic initiative addresses the significant growth of its business-to-consumer segment. Launched just six months ago, Cupid’s consumer business, under the brand names “Cupid,” “Cupisure,” and “Cupikit,” has already made a substantial …