Share Market - Angel One - Page 188

Cello World Limited, a leading Indian consumer goods company, has announced significant developments. The company received approval from its Qualified Institutions Placement (QIP) Committee to proceed with an equity issuance aimed at raising fresh capital. Equity Raise Through QIP On July 03, 2024, Cello World’s QIP Committee greenlit the opening of the issue. The committee …

On July 3, 2024, Bajaj Finance reported a significant increase in new loans, customer base, and assets under management (AUM) in its first quarter (April-June) business update. In the first quarter, Bajaj Finance reported 109.7 lakh new loans, up from 99.4 lakh in the same period last year, showing a 10.4% year-on-year increase. This growth …

On July 03, 2024, Vedanta Group firm Hindustan Zinc expressed its commitment to collaborate with Indian auto companies to “unlock zinc potential” and boost India’s mobility. When used in the automotive sector through galvanised steel, zinc significantly reduces fuel consumption and emissions. It offers high corrosion resistance to lightweight steel bodies, resulting in durable, long-lasting …

Bandhan Bank Ltd. recently announced an update for the June quarter and reported a 21.8% YoY increase in loans and advances for the June quarter, reaching Rs.1,25,619 crore compared to Rs.1,03,169 crore in the same period last year which shows an increase in the bank’s lending capacity, aligning with the overall positive trends in the …

Mahindra & Mahindra Ltd is one of the most diversified automobile companies in India with a presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. It also has a presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy, and industrial equipment through …

Listed real estate developer Indiabulls Real Estate Limited has changed its name to Equinox India Developments Limited with effect from June 20, the company said in a regulatory filing. The rebranding to Equinox India Developments Limited signifies a new chapter for the company, reflecting its commitment to innovation, sustainability, and excellence in the real estate …

Investing in dividend-paying stocks is one of the popular investment strategies among investors who wish to have an additional source of steady income. This strategy is good because it helps in two ways: one through dividends and the other through capital appreciation of share prices. This approach is particularly suitable for investors who are retired. …

On July 3, 2024, the Nifty 50 and Sensex rose by 0.67% and 0.69%, respectively, closing at 24,286 and 79,986. Both benchmark indices reached record highs, driven by strong gains in Bank and Metal stocks. Top Gainers and Losers Nifty Private Bank, Nifty Financial Services 25/50, Nifty Financial Services, Nifty Bank, and Nifty Metal showed …

On July 3, 2024, Club Mahindra announced that its resorts in Kumbhalgarh, Ooty, and Madikeri achieved Platinum certifications from the Indian Green Building Council. The Udaipur resort earned Gold certification. These accolades highlight Club Mahindra’s commitment to sustainability, aiming for carbon neutrality by 2040. Impressive Scores The Madikeri resort scored 87 out of 100, demonstrating …

On Wednesday, the market surged to a record high as banks saw major buying. The Nifty, Sensex, and Nifty Bank all hit fresh life highs. The Sensex crossed 80,000 for the first time, rising to 80,074.30, and the Nifty climbed to 24,309.15. Remarkably, the Sensex took just 138 days to ascend from 70,000 to 80,000, …