2 weeks Ago By Biplob Ghosal
Stocks in Focus today: The shares Angel One, Adani Total Gas Ltd, Siemens, Adani Enterprises, Vedanta, Adani Wilmar, Adani Green Energy, Sanghi Industries, NDTV, ACC, Adani Energy Solutions, Adani Ports, Ambuja Cements, and Adani Power are likely to be in focus on November 27, 2024 (Wednesday). Mumbai: The share price of Siemens, Angel One, Vedanta, Adani Total Gas Ltd, Adani Ports, Adani Wilmar, Adani Green Energy, Adani Enterprises, Sanghi Industries, ACC, Adani Energy Solutions, Ambuja Cements, Adani Power, and NDTV are expected to be in focus on November 27, 2024 (Wednesday). After rallying for two days, the Sensex and Nifty closed lower on November 26 due to weak global market trends after US President-elect Donald Trump said he would impose increased tariffs in China, Canada and Mexico.
The Sensex went down 105.79 points to end at 80,004.06, while the broader Nifty lowered 27.
40 points to 24,194.50. Siemens share price Siemens declared its second quarter results of 2024-25 on November 26, 2204.
The company recorded a 45 per cent jump in its net profit to Rs 775 crore as against Rs 534 crore in the in the same period a year ago. The company statement mentioned that the revenue surged by 11 per cent to Rs 5,894 crore in Q2 of 2024-25 from Rs 5,297 crore in the quarter ended in September 2023. Siemens further informed that its new book jumped 37 per cent to Rs 6,164 crore in the quarter while it was Rs 4,498 in the July-September quarter in 2023-24.
The company’s board recommended a dividend of Rs 12 per equity share of Rs 2 each (600%) for the current fiscal ended on September 30, 2024. Railtel share price Railtel share price to be in focus today as the telecom infrastructure company’s home internet service arm RailWire launched a new service plan bundled with OTT content platforms. “Freedom Plan comes with Prasar Bharati’s very own OTT platform WAVES and nine more premium OTTs, 30 Mbps high-speed internet along with 400-plus live TV channels and 200-plus games,” the company statement said.
Adani stocks A day after Adani group stocks ended lower on November 26, all eyes will be on how Adani Green Energy, Adani Enterprises, Adani Energy Solutions, Adani Total Gas Ltd, Adani Ports, Adani Wilmar, Ambuja Cements, Adani Power, Sanghi Industries, ACC and NDTV perform on Wednesday. Global ratings agency Moody’s has cut the outlook on the ratings of seven Adani entities to ‘negative’ from ‘stable’ after US SEC charged Gautam Adani, his nephew Sagar Adani on alleged bribery charges. Angel One share price Angel One shares are likely to be in focus after fintech player’s subsidiary Angel One Asset Management Company received the Sebi’s nod to begin the mutual fund operations.
Angel One share price gained 4.07 per cent on GTuesday and finished at Rs 2,909.65 apiece on the BSE.
“Pursuant to our application to sponsor a Mutual Fund, Sebi has granted a certificate of registration to Angel One Mutual Fund on November 25, 2024. Further, Angel One Asset Management Company Ltd, a wholly-owned subsidiary of Angel One Ltd, has also been accorded approval to act as an asset management company for Angel One Mutual Fund,” the broking firm said in a stock exchange filing. Vedanta share price Anil Agarwal-led Vedanta Ltd announced that it is planning to invest USD 2 billion in significant copper projects in Saudi Arabia.
Vedanta Copper International signed a deal with the Ministry of Investment and Ministry of Industries & Mineral Resources of the Kingdom of Saudi Arabia to set up a 400 kilo tonne per annum (KTPA) greenfield copper smelter and refinery and a 300 kilo tonne per annum (KTPA) copper rod project. “This collaboration aims to invest USD 2 billion in significant copper projects within the Kingdom, in alignment with Vision 2030,” Vedanta said in a statement. ( Disclaimer: This article is only meant to provide information.
News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds .) Click for more latest Markets news . Also get top headlines and latest news from India and around the world at News9.
Biplob Ghosal is Online News Editor (Business) at TV9’s digital arm - News9live.com. Leading the english business editorial team, he writes on various issues related to stock markets, economy and companies.
Having over a decade of experience in financial and political journalism, Biplob has been previously associated with Timesnownews.com, Zeenews. He is an alumnus of Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya.
Follow him at @Biplob_ghosal..
