Thursday, July 24, 2025

Canara HSBC Life IPO: Canara is coming to IPO of HSBC Life Insurance, Plan can be planned to raise ₹ 4,075 crore! - Canara HSBC Life IPO to Be Launched by Sept Oct Selling Sharehlders May Raise Up to Rs 4075 Crore


Canara HSBC Life IPO: The public issue of Canara HSBC Life Insurance Company is likely to be launched by September or October this year. IRDAI has approved this IPO. Through its IPO, the company wants to get a valuation of ₹ 16,500 crore. According to reports, through this public issue, promoters can raise ₹ 3,875 crore to ₹ 4,075 crore. The target of raising ₹ 2,363 crore from Canara Bank Company’s shares, the same Punjab National Bank can set a target of raising around ₹ 1,630 crore.

Waiting for approval of sebi

Canara HSBC Life told CNBC-TV18 that their draft Red Herring Prospects (DRHP) is currently deposited near SEBI for approval. Let us know that the company had filed draft papers of its IPO earlier this year. It is a joint venture of Canara Bank, HSBC Insurance and Punjab National Bank. It has a 51% stake of Canara Bank and HSBC Group has a 26% stake in HSBC insurance.

There will be no fresh issue!

According to draft papers, the company did not disclose more information about the IPO while filing the paper, but it said that it would not include any fresh issue of shares. According to the draft papers viewed by Reuters, Canara Bank will sell up to 137.75 million shares through listing, while HSBC Insurance (Asia-Pacific) holdings will sell up to 4.75 million shares. The only other shareholder of the company, Punjab National Bank, who holds the remaining 23% stake, is planning to sell up to 95 million shares.

Canara HSBC Life Insurance Company recorded a profit in FY 2024 after a tax of ₹ 113 crore, ie PAT, which shows an increase of 24.3 percent compared to the previous year. However, in the same period, the company’s revenue has seen a slight decrease of 1%.

Let us know that Canara HSBC Life Insurance Company is an Indian life insurance company, headquartered in Gurugram. It was established in 2008. Canara HSBC Life Insurance provides various types of life insurance plans, including term insurance, savings schemes, investment schemes and child schemes. The company has a strong network in Tier 1, 2 and 3 cities.

Ideaforge Technology Stocks: Stock has fallen by 62% after listing, will you have good earning from now? - Ideaforge Technology Stocks Have come down 62 Percent Since Listing Should You Invest for Decent Return


The shares of Ideaoforge Technology were listed in 2023 with a brilliant premium. But, since then it has declined. There is also a decline in the company’s margin. The company has been continuously operating. Excoction has also seen weakness. This has affected the prices of shares. Despite this, opportunities in the domestic and foreign markets for the company have not reduced. The company is expected to have an exhibit of procurement order worth Rs 132 crore in the next 12 months.

Government’s PLI scheme will benefit

Ideaforge Technology The order pipeline is worth Rs 400 crore. This can lead to the company’s growth further. Also, it will get the benefit of the government’s expenses on PLI scheme and R&D. However, the company’s performance has not shown improvement in the June quarter. The company’s revenue has decreased by 85.2 per cent year after year. The company’s net loss stood at Rs 23.5 crore in the June quarter. Revenue has also fallen 37.1 percent from the operation on a year -on -year basis. It has fallen from 20.3 crores to Rs 12.7 crore.

Company is successful in making a big shortage in expenses

Despite a sharp fall in revenue, the company has been successful in bringing its experiences to Rs 32 crore in the June quarter. It was Rs 42 crore in the March quarter. However, this was insufficient to prevent the decline in cost control margin. The company’s expenses were higher than its income. The Ebitda fell 13 per cent on a quarterly basis. The Ebitda margin also declined by 4,172 basis points.

Company is also working on Advanced UAV

The company’s order book was Rs 144.8 crore in the first quarter of FY26. This is 0.89 times the annual revenue. Under the fifth bicycle of the government’s emergency procurement, it has received an order of Rs 137 crore from Mini UAV. This order has been received before the government’s sixth procurement cycle before the allocation of Rs 40,000 crore. The company is also working on Advanced UAV.

European market will benefit

The performance of Ideaoforge Technology will depend on how successful the company is in getting new orders. Especially in the second half of FY26, there will be an eye on new orders and examinations. The company is trying to increase its penetration in the European market. This will benefit the plan to increase NATO spending on weapons and defense equipment.

Should you invest?

Currently, the FY27’s estimated earnings are being traded at 69 times the shares of Ideaoforge Technology. Given the strong order pipeline, the company’s outlook looks positive. The company will get the benefit of the government’s focus on R&D and expansion in the European market. However, investors should wait until the situation is clear in terms of existence in view of the company’s high valuation.

Why Thailand and Cambodia fighting with 1000 year old temple? More than 100 years old controversy, now war has started! - Thailand Cambodia War More Than 100 Years old Temple Controversy F 16 Rockt Strikses


There has been a war in two countries in Asia, Thailand and Cambodia. Last year, both countries opened a permanent border post on the Thai-Kambodian Friendship Bridge, but within a year, brotherhood took the form of enmity. A dispute over the region between the two southeast Asian neighbors and the 1,000-year-old Hindu temple erupted, with more than 10 civilians and several soldiers killed so far. However, the dispute is more than a century old, but tension in May increased further when a Cambodia soldier died during a clash with Thai soldiers in Emerald Triangle. Emerald Triangle is a disputed border area on which both Thailand and Cambodia have been claiming their claims.

This was followed by sharp rhetoric and the two sides accused each other of being aggressive. Hun Sen, a big leader of Cambodia and Prime Minister’s father, had also expressed the possibility of war. Hun handed over the Prime Minister’s post to his son in 2023, but takes decisions in Cambodia.

Hun Sen said, “We hate war, but we are forced to fight when facing foreign invasions.”

How did the matter increase?

In June amidst the possibility of war, the two countries increased the number of soldiers near the border, but soon the matter was settled. Despite the less stress, the two countries continued to attack each other strategic attacks, such as stopping exports and threatening to stop Thailand’s power supply.

In July, the case reached its peak when a landmine exploded and five Thai soldiers were seriously injured, for which Cambodia was held responsible. Cambodia described these claims as baseless and said that these landmines are of the time of old war.

Thailand then expelled the Cambodia ambassador and closed all the border checkposts. Due to this, bilateral relations between the two countries became worse. Cambodia also retaliated and evacuated his embassy in Bangkok and reduced diplomatic relations.

Battle starts in Thailand and Cambodia

On Thursday, the first firing between the soldiers of the two countries took place near the border Surin and Oddar Minche provinces, after which the struggle increased. The Si Ket province of Thailand was the most affected, where six civilians were killed in a firing at a gas station.

In a video that went viral on social media, people in Thailand are seen taking shelter in a concrete bunker amidst the blasts and firing sounds.

According to AP report, Thailand’s Foreign Ministry alleged that Cambodia fired rockets at both military and common citizens in Thailand. In this, Fanom Dong Rak Hospital in Surin province was also accused of attack.

Thailand, in response, deployed their F-16 fighter aircraft and bombed the areas of Cambodia. Cambodia claimed that two civilians were killed in it.

In view of the rising tension, China also offered an offer to get a reconciliation agreement between the two countries, but they say that raita and fight should increase as much as they wish. As the clashes increased, Thailand urged its citizens to leave the country in Cambodia.

History behind stress

Now on the history of this tension, there is a land border between Thailand and Cambodia more than 800 km long. The border was pulled by the French colonizer, when he ruled Cambodia from 1863 to 1953. In 1907, there was an agreement on the border.

However, Thailand later objected to this map and objected to the 11th -century Hindu Temple (Preh Vihier) being placed in Cambodian region.

In 1959, Cambodia raised the case in the International Court of International, which ruled in its favor and said that the temple comes in the Cambodian area itself. However, Thailand accepted the order at that time, but he argued that there is still a dispute about the surrounding border.

The relations between the two countries then deteriorated again in 2008, when Cambodia tried to include the temple in the UNESCO World Heritage Site. Thailand did not like this and there was a lot of protest and there have been sporadic clashes between the soldiers of the two countries in the last few years.

Before the clash this time, a major conflict occurred in 2011. At least 15 people were killed and thousands of citizens were forced to leave their homes in a week -long battle between the two countries. Now it has to be seen how long the fight this time is.

Thailand-Cambodia War: Heavy firing between Thailand and Cambodia soldiers, 11 people killed

Brigade Hotel Ventures IPO: Retail investors fiercely bid, subscribe or not? Know - Brigade Hotel Ventures IPO Gets Subscribed 28 Percent on Day 1 So far price band listing date


Brigade Hotel Ventures IPO: The IPO of Brigade Hotel Ventures has opened for subscription on 24 July today. On the first day of the bid, this IPO has become 28 percent subscribed. According to NSE data, there have been bids for 1,42,58,404 shares against the 5,11,93,987 shares offered by the company. The share of retail investors is 124 percent subscribed, which shows the tremendous trend of investors for this IPO. The quota of non-institutional investors (NII) has received 18 percent subscription.

Complete information about IPO

The IPO of Brigade Hotel Ventures is a fresh issue of equity shares of ₹ 759.6 crore completely. Its price band has been fixed at ₹ 85 to ₹ 90 per share. The company has reserved 75 per cent of the offer size for eligible institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors. This IPO can be subscribed by 28 July. The company’s shares are expected to be listed on stock exchanges on 31 July. JM Financial and ICICI Securities are the book-hanging lead manager of this issue.

Out of the funds received from the issue, ₹ 468.14 crore will be used to repay the debt, while ₹ 107.52 crore promoter, BEL will be used to buy a part of the land. The remaining funds will be used for acquisition, strategic measures and general corporate purposes.

Now know about the company

Brigade Hotel Ventures Limited is a subsidiary of Bangalore based Real Estate Company Brigade Enterprises Limited (BEL). BEL entered the hospital with his first hotel, Grand Mercury Bangalore in 2004 in Hospitality Business. The company’s portfolio consists of nine operating hotels in Bengaluru, Chennai, Kochi, Mysuru and Gift City, with a total of 1,604 rooms. These hotels are operated by global hospitality companies such as Marriott, Acor and Intercontinental Hotels Group.

Subscribe or not?

Bajaj Broking has advised investors to subscribe to the IPO of Brigade Hotel Ventures for a long period.

Disclaimer: The ideas and investment advice given by experts/brokerage firms on Moneycontrol are their own, not the website and its management. Moneycontrol advises users to consult a certified expert before making any investment decision.

JSPL's cheap option will give strong profit, Catalyst Wealth's 3 F&O calls will make thick earnings - JSPL Option will give huege profit and samvardhan motorson jio financial icici poor are big bets of catalysting in f and O


Top F&O Calls: The market is currently trading by falling. The Nifty saw a weakness of about 153 points and a decline of about 514 points in the Sensex. In F&O, shares of IEX, Koforge, Perserent Systems, Nestle India, Metropolitan Gas and Prestas Estates fell and trading. On the other hand, the shares of Canara Bank, Promotion Mother’s, Eternal, Indian Bank, Paytm, Fortis Healthcare were seen doing business in the green mark with a rapidly. Meanwhile, understanding the market attitude, Prashant Sawant of Catalyst Wealth told F&O calls while talking to our colleague channel CNBC-Awaaz. He also suggested a cheap option for earning during this period. Know his best calls-

NIFTY 50 update: Writors range on Nifty and Bank Nifty

Talking about bank Nifty during this afternoon, the most call writers in Nifty Bank appeared active at the level of 57000, 57200 and 57500. At the same time, the highest number of put writers in Nifty Bank were active at the level of 57000, 56800 and 56700. Most call writers on NIFTY were active on 25200, 25300 and 25400 levels. Whereas in the Nifty, the most put writers appeared active at 25100, 25000 and 24900 levels.

Prashant Sawant’s fantastic F&O calls of Catalyst Wealth

Samvardhan MOTURESON FUTURE: Buy – Rs 103, Target – Rs 112/115, Stoploss – Rs 100

Jio Financial Future: Buy – Rs 316, Target – Rs 330/335, Stoploss – Rs 308

ICICI PRU FUTURE: Buy – Rs 627, Target – Rs 645/650, Stoploss – Rs 615

Today’s cheap option: JSPL

Describing the cheap option for today, Prashant Sawant of Catalyst Wealth said that he has bet on JSPL. He said that JSPL advised to buy a call for the July 990 strike with an expiry of July. Prashant Sawant said that shopping around Rs 15.15 in it. A target of Rs 25/30 can be seen in it. Along with this, he also advised to put a stoploss at the level of Rs 8.5 in it.

(Disclaimer: The ideas and investment advice on Moneycontrol.com have their own personal views and opinions. Moneycontrol advises users to consult certified experts before making any investment decisions.)

(Disclosure: Moneycontrol.com is part of Network 18. Network 18 is owned by Independent Media Trust on 18 Media and Investment Limited.

IRDAI finally got the new chairperson, Ajay Seth will take care of the responsibility - Government has appointed Former Department of Economic Affairs Secretary Ajay Seth as the New IRDAI Chairman


Insurance Regulatory and Development Authority of India (IRDAI) has got a new chairperson. The government has assigned this responsibility to Ajay Seth, former Secretary, Department of Economic Affairs (DEA). CNBC-TV18 has come to know about this from sources. Seth will hold this position for 3 years. The post of Chairperson in IRDAI was vacant from March 14, 2025 since the resignation of Debashish Panda. The last time the post was vacant for 10 months after Subhash Chandra Khuntia left.

In March 2022, Debashish Panda became the chairperson. The recruitment process for IRDAI chairperson was started in March 2025 and the last date to submit the application was 6 April.

Rishabh Pant Injury: Team India got a big shock, Rishabh Pant out of England Test series! - IND vs Eng 4th Test Rishabh Pant Injury Likely to Be Rules out of the England Series


IND vs ENG: The fourth match of the five -Test series is being played between India and England. The fourth Test match of Anderson-Tendulkar Trophy is being played between the two teams at the Old Trafford Ground in Manchester. On the first day of the match, the Indian team has scored 264 runs at the loss of four wickets, batting first. On the first day of the match, India suffered a major setback when Rishabh Pant, who is batting well, is injured.

England’s fast bowler Chris Woakes had an injury to his right leg while trying to play reverse sweep off the ball. Rishabh Pant was rushed to the hospital immediately after the injury. The same has now come a big update about the cricketer’s injury. Let’s know how long we will be able to return.

Pant’s toe fracture

According to a report of Indian Express, “Wicketkeeper-batsman Rishabh Pant’s toe has been fractured. Now he will be out of the game for about six weeks. The medical team is investigating if he can bat again with a pen killer medicine. However, at the moment he is also needing support to walk, so the possibility of batting again is very low.”

Attention AI Daca can put your hard earned money, Sam Altman gives a strong warning, - Openai Ceo Sam Altman Warns Against Misuse of Ai


Sam Altman AI warning : In today’s time, Artificial Intelligence (AI) is proving to be helpful for people as much as it is emerging as a serious threat. In such a situation, Openai’s CEO Sam Altman gave a big warning about the misuse of AI and said that if the financial institutions do not show vigilance in time, AI can kill the hard earned money of common people. Please tell that Altman said this in the Federal Reserve Conference.

Warning to banks

He said that now the current banking security systems are proving weak in front of AI. Altman warned the financial sector that the result can be dangerous if the system is not updated. He said that now the time has come that scammers are reaching bank accounts using AI.

AI From Deepfake Video And Voice Clone Making scammers

During the conference, CEO of Openai said that Deepfek videos and voice clones prepared from AI now seem so on the original that it is very difficult to identify them. He said, Voiceprint authentication, which was once considered a safe technique, is now proving weak in front of AI. Altman warned that the next challenge could be for the face recognition system, which AI can easily confuse.

AI The new weapon of scammers became

In today’s time, Generative AI has now become a new way to cheat scammers. AI is helping these scammers to write scripts, make fake calls, and create a fake document. Sam Altman said that such technology is making criminals more powerful. Due to which the fraud has become even smarter and faster.

Himachal Bus Accident: Bus fell into a deep ditch near Mandi in Himachal Pradesh, 5 people killed, 20 injured - Himachal Pradesh Bus Accident Five Killed after HRTC Bus Falls Into Gorge in Mandi Several Injured


Himachal Pradesh Bus Accident: Of Mandi district of Himachal Pradesh Masheran A horrific bus accident occurred in the area on Thursday (July 24). About 60 km from Mandi city of Himachal Pradesh Sarkaghat Sub-divisional Masheran At least five people died when a bus fell into a deep ditch near the area. While about 20 people are said to be injured in this incident. All Injured Of Sarkaghat Treatment is being done in the hospital. The condition of many of them is said to be critical. Police and local administration are engaged in rescue and relief operations.

Mandi SP Sakshi Verma News agency Years Told to, D About 60 km from the city Sarkaghat Sub-divisional Masheran Five people died after a bus fell into a ditch near the area. About 20 people were injured in this accident. All Injured Of Sarkaghat The hospital is undergoing treatment, many of which are said to be critical. Police and local administration are actively engaged in rescue and relief operations.

Media Reports According to, four women are included in the dead. Himachal Pradesh after the accident Deputy Chief Minister And transport minister Mukesh Agnihotri Too Accident Reaching on Deputy Chief Minister During this time Injured Will know the condition of the accident and will also get information from the authorities about the cause of the accident. Sarkaghat Sub -division Of Masheran Himachal Road Transport Corporation on Thursday morning in the area (HRTC) The bus fell uncontrollably and fell into a deep ditch.

Severe road accident in UP also

Apart from Himachal Barabanki One in the district Tractor-trolley And Motorcycle Two people died in a collision. While another was seriously injured. Police said the incident on Wednesday night police station Loni area Of Block Trivediganj One in the field petrol Pump In front of the time when Sultanpur Coming from Tractor-trolley Having coming from the opposite direction Motorcycle Closed

Station in -charge Abhay Kumar Maurya Told that in this accident Motorcycle Rider Kuldeep (26) and Chetram (29) died on the spot. While Shailendra Singh was seriously injured Trama In the center Recruitment Has been done. Maurya After the accident Tractor The driver left the vehicle and escaped. Police Tractor-trolley Has taken possession and the search for the absconding driver continues.

Bihar Sir Row: NSUI demonstrations regarding Bihar voter list verification, activists siege the assembly - Bihar sir Row NSUI protest over Voter list verification Congress workers gheraoed the association


Bihar SIR Row: Congress student wing Indian National Students Organization (nsui nsui) Of Members Done Thursday (24 july) To Bihar In Continued Voters List Of For Special Intensive Revision (SIR) Campaign Of Against Capital Patna In Protest demonstration DidNSUI’s Activists Done Bihar Assembly Of Siege Do of Effort ofThis during Bihar Of Closer All University Of Student Display In Involved WerePatna In Assembly Of Outside Voters List Revision To With nsui nsui Activists Done Fiercely Display DidIts In addition Education And employment To With Bihar In Yoth Congress Of Too Display Ambulatory Raised Is

MPs from opposition parties created a ruckus in the Lok Sabha on Thursday on the issue of voter list verification released in Bihar. Due to this, seven minutes after the commencement of the proceedings of the House, it was postponed till two in the afternoon. As soon as the proceedings of the House started, members of opposition parties started creating uproar. Opposition MPs reached near the posture and shouted slogans and waved the placards. Anti -SIR slogans were written on him.

He created a ruckus demanding immediate discussion on the SIR exercise in Bihar. Petroleum Minister Hardeep Puri answered some supplementary questions during the Question Hour amidst noise in the House. Lok Sabha Speaker Om Birla appealed to the opposition members to go to their place and let the House run. Without naming the Congress, Birla said that people of such an old political party are behaving like this, the whole country is watching it.

Delhi is a blind well! More than 8000 people missing, no clue nor any news, just question and search! - Delhi Missing Persons Zipnet more than 8000 people missing no clue 1486 dead bodies delhi police


Delhi is the capital of the country and the power center of the whole of India, but something is happening in this Delhi, which is very scary, which can make you think whether you are safe here? More than 8000 faces, which are lost somewhere in the crowd of this city, have been lost somewhere, which no idea is known. Among them, the most external north district has 908 names in the deserted streets, whose screams are still unheard. Be it women or men, every missing person is hidden behind a dreadful rule, which is missing behind this glitter of Delhi.

In fact, according to the report from 1 January to 23 July this year, cases of disappearance of more than 7,880 people have been registered in the capital Delhi, which have not yet been detected. The number of most missing cases has come to light in the outer North district of Delhi, where a total of 908 people are missing from areas like Bawana, Swaroop Nagar and Samaypur Badli. These include 4,753 women and 3,133 men. At the same time, the record of 85 missing cases in New Delhi district has been found in high security areas like Tilak Marg, Chanakyapuri and Parliament Street.

What is the condition of the rest of Delhi?

In the rest of Delhi, there have been cases of a large number of missing persons. 730 cases have been registered in North East district, 717 in South West, 689 in South East and 675 in Outer District. Dwarka, North West, Eastern and Rohini districts also have more than 400 missing cases. 363 people are still missing in Central Delhi, while 348 cases have been registered in North, 215 in South and 201 have been registered in Shahdara district.

1,486 dead bodies were not identified

So far there are about 1,486 corpses that have not been identified. Most of these bodies are of men. The most unknown bodies have been found from the North district, where 352 bodies were found in Kotwali, Sabzi Mandi and Civil Lines areas.

The rest of the districts such as 113 in Central, 93 in North West, 83 in South East, 73-73 in South West and North East, 65 in Outer and 55 in New Delhi have been found. The lowest only one corpse is found at IGI Airport.

According to a senior police officer, when a dead body is found, it is first tried to identify it and the family is informed. The cost of carrying the dead body to the Morchauri of the hospital is around ₹ 2,500. If a dead body is not identified or its family does not come, then the body is cremated by post -mortem, which again costs ₹ 2,500.

By the time the family reached the son, the last rites had been done!

This work is handled by police or sometimes NGOs (NGOs). The officer also narrated a tragic story where the body of a young man was bloated and the family later identified him with the help of a tattoo, but by then the body had been cremated.

All this information and figures have been received from data from the zonal integrated police network (ZIPNET), which tracking individuals and unknown bodies from many states and union territories including Delhi.

The number of missing persons in Delhi has been more worrying. Nevertheless, in line with recent trends, there has been a decline in such incidents in 2025 in the national capital. According to data from the Zonal Integrated Police Network (Zipnet), between 1 January to 12 July, about 9,200 cases of missing persons were registered in the city.

Talking about Zipnet’s data, 22,040 people were missing last year from 1 January 2024 to 31 December 2024.

Missing bigger than children!

A surprising thing in this number of missing people is that adults are more missing than children, and the proportion between the two is increasing.

“On an average about 2,500 children went missing in 2024. This year, the number has been reduced from a slight to 1,748. Although the actual number is decreasing, but the ratio of missing adults is still much higher,” said a senior police officer said.

In 2025, more than four adults will go missing compared to every missing child. Conversely, last year every missing child had a ratio of about three adults – which is a minor but serious increase.

Police officials have held several factor responsible for the decline in the number, including increasing vigilance, advanced tracking systems and better cooperation with NGOs (NGOs).

Decline in figures of missing people, but concern continues

Even in 2024, the number of missing people has decreased – 22,040 cases were registered, while in 2023 the number was 24,356, ie 9.5% decline. Nevertheless, the ratio is still very high: when every missing person meets, two others remain missing.

This situation raises serious questions of increasing crime and security in the capital. Thousands of people are missing and many bodies have not been identified, which remains a major challenge. The accountability and quick action of the police has now become important, so that such cases can be resolved as soon as possible and the families can get relief.

However, this year, Delhi Police has recovered 8,342 missing people. This number is 12,609 less than last year. These figures give relief, but also highlight the flaws in the system.

Secret room, doors inside the cupboard, underground paths! Thug Rohan’s luxurious elusive house, scam has done more than 500 crores

Entry in another company's life insurance business, share in your portfolio? - Angel One Share Price Mixed Movement after Announcing a FOYATO THE LIFE Insurance Business


Angel One Share Price: Veteran brokerage firm Angel One has prepared for entry in Life Insurance Business. With this, the company will create a joint venture with Livwell. The brokerage firm has given this information in exchange filing. On this revelation, the stocks first jumped. However, it slipped under the pressure of profit booking. Currently, it is 0.94% decline on BSE at a price of ₹ 2797.70. In intra-day, it rose 0.91% to high of ₹ 2849.95, while this level had lost 2.25% to ₹ 2785.80 due to profit booking.

What is the plan of Angel One?

Angel One will create a joint venture with livewell to start a Digital-First Life Insurance Company. However, it will have to take regulatory approval. Livewell is lifestyle and wellness-focused insurance platform. Now Angel One will form a joint venture with it which will be the country’s first Fintech Partner Life Insurance Business. This joint venture will have ₹ 400 crore investment, out of which Angel One will give 26% share i.e. ₹ 104 crore and the remaining 74% i.e. ₹ 296 crore livewell. The chairperson of this joint venture will be the former regional CEO of Asia, Willp Blackburn and former Deputy CEO of CEO EVV Vietnam, Nikhil Verma. For Angel One, this joint venture will open new avenues of revenue. Apart from this, it will further strengthen the distribution network of Angel One through in-house insurance products.

How was the move of shares in a year and what is the trend next?

Angel One shares were at ₹ 3502.60 on 9 December 2024 last year, which is a one -year record high for its shares. From this high, it slipped 44.56% in three months to ₹ 1942.00 on 13 March 2025, which is a record low of one year for its shares. Now, if we talk further, according to the details on the Indian, 6 out of the 8 analysts covering it, it has given it to the purchase, 1 holds hold and 1 has saved it. Its highest target price is ₹ 3200 and Lost Target Price ₹ 2325.

How is business health?

The current financial year 2026 was not special for Angel One. The first quarter of the current financial year 2026, in April-June 2025, the net profit of Angel One fell by 60.9% to ₹ 114.4 crore and Revenue fell by about 18% to ₹ 1141 crore. Talking at the operating level, the operating profit fell 41.7% to ₹ 274.9 crore during this period and the margin 942 BPS slipped to 24.1%. However, on a quarterly basis, AUM (Asset Under Management) rose 33.6% to ₹ 5.07 thousand crore.

Disclaimer: Advice or idea experts/brokerage firms on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.

अब कहां लगाएं पैसा, किन शेयरों से रहें दूर - where should you invest in stock market today on 24th july 2025 which stocks should you stay away from watch video to know which stocks are prakash diwan s top picks


Markets

Prakash Diwan Stock Picks | Discussing the market outlook, Prakashdiwan.in’s Prakash Dewan said that the market runs according to its own and understands the situation according to its own. Coforge’s management commentary despite being very positive, this stock is broken today. The management of the company is very clear, it is not making too much hoping. The market has not found anything spicy in the management commentary of the company. But there is a strong scope of recovery in Koforge. The reality is that Coforge’s commentary has so far been the best in the commentary of IT companies. Stock market news