Stocks/Share Market - Angel One

On September 12, 2024, Puravankara Limited acquired the redevelopment rights for Miami Apartments, a prominent society located in Breach Candy. This project, covering around 2,000 square meters, marks the company’s first venture into South Mumbai’s ultra-luxury real estate market. According to market sources, property prices in this area are estimated to range between ₹1,25,000 and …

BLS International Services Limited has announced a strategic acquisition, signing a definitive agreement to acquire 100% of Citizenship Invest (CI), a prominent advisory firm based in Dubai. The acquisition, valued at approximately $31 million (around ₹260 crores), will be funded through internal accruals and is anticipated to be completed by October 31, 2024, pending necessary …

On September 12, 2024, MAS Financial Services Limited (MFSL) announced a significant development concerning its subsidiary, MAS Rural Housing and Mortgage Finance Limited (MRHMFL).  The company stated that as per a letter dated August 29, 2019, and in line with the investment terms agreed upon earlier, MFSL has completed the conversion of its 6% Non-Cumulative …

Intellect Design Arena Limited has launched eMACH.ai, a platform tailored for Sri Lanka’s financial sector, featuring 329 microservices, 535 events, and over 1,757 APIs.  The company stated that, built on First Principles Thinking, this platform enables Sri Lankan financial institutions to create future-ready solutions, offering them a global competitive advantage. eMACH.ai is designed with a …

Tata Power Company Limited has announced that its subsidiary, Tata Power EV Charging Solutions Limited (a subsidiary of Tata Power Renewable Energy Limited), one of India’s leading EV charging providers, has signed a Memorandum of Understanding (MoU) with Tata Motors Limited, India’s largest commercial vehicle manufacturer.  Together, Tata Power EV Charging Solutions Limited and Tata …

Panacea Biotec Limited announced that the U.S. International Development Finance Corporation (DFC), the U.S. Government’s development finance institution, has committed to providing a long-term loan of up to $20 million to the company.  Panacea Biotec, a leading biotechnology firm in India, developed the world’s first fully liquid hexavalent vaccine, EasySix®, which combines whole-cell pertussis (wP) …

Kws: best small cap stocks, best small cap stocks india A stock is classified as a small-cap stock if its market capitalisation is equal to or lower than that of the 251st largest stock on the NSE at the time of investment.  Compared to mid-cap and large-cap stocks, small-cap stocks can be volatile and risky, …

Thermax Ltd has announced a strategic collaboration with Ceres Power Limited, a subsidiary of Ceres Power Holdings plc (CWR.L), a leading clean energy technology developer.  The two companies have entered into a non-exclusive, global license agreement allowing Thermax to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell …

On September 23, 2024, Bharti Airtel, a leading telecom company in India, announced that it has significantly boosted its network infrastructure across Gujarat.  Over the past 7 months, Airtel has installed more than 1,700 new cellular towers in the state, averaging over 8 towers per day. This expansion aims to provide residents and businesses with …

On September 23, 2024, Firstsource Solutions Limited, a global provider of specialised Business Process Services (BPS) and part of the RP-Sanjiv Goenka Group, announced its acquisition of Ascensos. Ascensos is a UK-based company specializing in customer experience outsourcing for retail and eCommerce sectors. Dr Sanjiv Goenka, Chairman of RPSG Group and Firstsource, commented, “This acquisition …