VA Tech Wabag Limited, a leading player in the water technology space, has announced a strategic move to optimise its group structure by reducing its exposure to European geographies. During a meeting held on Monday, July 8, 2024, the Board of Directors approved the sale of the Company’s 100% stake in its Romanian subsidiary, Wabag …
Stocks/Share Market - Angel One

Strategic Equity Conversion by Shilpa Medicare to Support its Subsidiary Growth
9 July 2024Shilpa Medicare Ltd announced in a stock exchange filing that its wholly-owned subsidiary, Shilpa Biologicals Pvt. Ltd (SBPL) allotted equity shares to Shilpa Medicare on July 8, 2024, through a rights issue. This transaction was executed by adjusting the subscription amount against a pre-existing intercompany loan provided by Shilpa Medicare. The primary aim of this …

Advait Infratech Ltd Expands with New Subsidiary in Norway
9 July 2024Advait Infratech Limited announced via a stock exchange filing that its wholly owned subsidiary, Advait Energy Holding AS, has been officially registered in Norway with Registration Number 933 677 613. Advait Energy Holding AS is a newly incorporated wholly owned subsidiary of Advait Infratech Limited, established on July 4, 2024. Its headquarters are at Lysaker …

Bandhan Bank Launches Enhanced Trade Products
9 July 2024On July 08, 2024, Bandhan Bank introduced a range of trade products to support global business transactions. These products aim to simplify and secure international operations, providing businesses with more financial flexibility. They are designed for both importers and exporters, offering customised solutions to meet various business needs and enhance confidence in global trade. In …

BlackRock Acquires Stake in Swan Energy Ltd.: What This Means for Investors
9 July 2024Shares of Swan Energy Ltd. are set to be in the spotlight today after a significant investment by BlackRock, the world’s largest asset manager. On Monday, BlackRock acquired a notable stake in the company through block deals via its various funds, amounting to a substantial Rs 304 crore. The Details of BlackRock’s Acquisition Significant Purchase …

Rail Vikas Nigam Sees Second Consecutive Block Deal
9 July 2024Shares of Rail Vikas Nigam Ltd. (RVNL) opened at Rs 587 on Tuesday and quickly surged, reaching an intraday high of Rs 619. This notable performance was accompanied by substantial trading activity, marking another large transaction in the stock. Major Block Deal Highlights On Tuesday, a significant volume of 1.4 crore shares, worth Rs 827 …

Yes Bank Clarification on Stake Sale Speculations
9 July 2024Shares of Yes Bank opened a percent higher in Tuesday’s trading session following the leading private lender’s clarification regarding the speculative reports on a 51% stake sale. Clarification from Yes Bank In a regulatory filing, Yes Bank addressed the rumors circulating in the media. The bank clarified that the Reserve Bank of India (RBI) had …

Indian Bank Gross Advances Saw Growth of 12.7% YoY to Rs 5.4 Lakh Crore
8 July 2024Indian Bank, a prominent public sector lender, has demonstrated notable growth in its financial metrics for the April–June quarter of FY24. The bank’s provisional figures reveal significant advancements across various sectors, highlighting its strong performance in the current fiscal year. Significant Increase in Gross Advances and Total Business According to the business update released by …

Adani Wilmar Q1 FY2025: Strong Volume Growth Across Segments
8 July 2024Adani Wilmar reported a stellar Q1 FY2025, driven by a robust 13% year-over-year (YoY) volume growth across its product categories. This impressive performance can be attributed to several strategic initiatives: Market Share Gains: The company implemented targeted strategies in each segment, focusing on under-indexed markets to gain market share. This targeted approach is proving successful, …

Tata Motors Trades in Green After Robust Sales Performance by Jaguar Land Rover
8 July 2024Introduction Jaguar Land Rover (JLR), a wholly-owned subsidiary of Tata Motors Limited, revealed its sales figures for the June quarter on Friday evening, showcasing notable growth and continued demand for its premium vehicle lineup. Sales Overview: What Happened? JLR reported wholesale volumes of 97,755 units for the April-June period, marking a 5% increase compared to …
- Ola Electric Accelerates Plans for ‘Raahi’ Electric Auto Rickshaw Launch
- Best ETFs in India in September 2024 – Based on 5yr CAGR
- India’s Noteworthy Mergers & Acquisitions Deals of FY24
- These 3 stocks from BSE 500 jumped over 6% today; do you own any?
- IDFC First Bank Announces Merger with IDFC Ltd.
