Share Market - Angel One - Page 197

Large-cap stocks are the stalwarts of the financial markets, characterized by market capitalization exceeding Rs 20,000 crore. These blue-chip companies, known for their stability and financial robustness, are pivotal contributors to the Indian economy. The top-performing large-cap stocks of 2023, as highlighted in the table below, have delivered remarkable YTD returns, making them noteworthy investments. …

Throughout the COVID-19 pandemic, diagnostic companies played a pivotal role by creating and distributing essential tests to identify the virus. They became frontline warriors, supplying vital diagnostic tools crucial for containment and guiding public health responses. Initially, these firms experienced a surge in demand for testing kits, leading to increased investor interest and investment in …

In a significant development, a division bench of the Calcutta High Court delivered a verdict on Thursday, putting an end to a protracted legal battle over the leadership of the prestigious MP Birla Group. The case, initiated over three years ago, saw a single-judge bench order the removal of Harsh Vardhan Lodha as the chairman …

Company Overview Indian Renewable Energy Development Agency Limited (IREDA) is a notified Public Financial Institution (PFI). The Government of India wholly owns it via the Ministry of New and Renewable Energy (MNRE). IREDA is engaged in the development, promotion, and provision of financial support for renewable energy projects.  Industry Overview The installed renewable energy capacity …

The Securities Appellate Tribunal (SAT) overturned a SEBI direction that had levied a 17-lakh punishment on Jio Financial Services Ltd in 2017 for claimed manipulation in certain transactions involving long-dated Nifty options. The crux of the matter Reliance Industries Ltd (RIL) previously demerged its financial services business as Reliance Strategic Investments Ltd (RSIL), which was …

The Ministry of Road Transport and Highways has made a significant announcement that could potentially bring about a transformative change in the truck industry as well as for truck drivers. Effective October 1, 2025, all newly manufactured trucks are mandated to include air-conditioned (AC) cabins specifically designated for drivers. Back in July, Nitin Gadkari, the …

Buckle up and forget the snooze-fest of balance sheets; we’re diving into the riveting world of Capex growth. Picture this as the stock market’s version of a blockbuster movie – with Mphasis flexing its Salesforce muscles, Finolex Cables stretching its communication cords, and Century Plyboards planning a boardroom revolution. Grab your popcorn, because these Capex …

A multinational corporation is a company that operates in multiple countries by establishing subsidiaries in various regions. The operations are coordinated from headquarters in the parent country. These companies possess assets and generate revenues on a global scale, and their stakeholders originate from different nations. India has become an attractive destination for leading multinational corporations …

Company Overview Indian Railway Finance Corporation (IRFC) was incorporated on December 12, 1986, with an objective to procure funds for the Indian Railways from domestic and overseas capital markets. The main objective of the company is to use market borrowings to finance the “Extra Budgetary Resources” (EBR) needs of the Indian Railways at the most …

In a landmark move, the Indian government concluded its 23-year association with Maruti Udyog, the country’s largest carmaker on May 10, 2007. The government successfully divested its residual 10.3% stake, amounting to 2,96,79,709 shares, for an impressive Rs 2,368 crore. The shares were sold at an average price of Rs 797 each. This strategic move …