DSIJ Mindshare

As markets picked some of its lost glory on Monday, following the freefall on Friday, BEML emerged as the biggest gainer in the “A” listers. BEML soared 14.08 per cent to Rs 1924.50 with a margin of 1.2 per cent away from its all-time high of Rs 1947.45. The stock has rallied 170.68 per cent from its 52-week low of Rs 711 recorded on December 2, 2020. 

One 97 Communications Ltd, the parent company of Paytm reported its revenue from operations which grew 64 per cent YoY to Rs 1,090 crore for the quarter ended September 2021, driven by 52 per cent growth in non-UPI payment volumes (GMV) and strong growth in financial services and other revenue. The consolidated net loss was Rs 473 crore as compared to Rs 437 crore in the same period a year ago. Expenses jumped to nearly Rs 1,600 crore from Rs 1,170 crore a year ago. 

Angel One (formerly known as Angel Broking) is one of the largest retail broking houses in India in terms of active clients. It has added 4.3 lakh, new customers, in October 2021. With the new additions, the overall number of clients comes to 69.3 lakh, up from 28.3 lakh over the same period in October 2020, a growth of 145 per cent, the company reported in its exchange filing. 

ATL, the transmission arm of the Adani Group in an exchange filing said that it has signed a Share Purchase Agreement with REC Power Development and Consultancy Limited on November 1, 2021, for the acquisition of its entire stake in MP Power Transmission Package-II Limited (MPPTPL). 

RattanIndia Enterprises Limited backed Revolt Motors, the market leader in electric motorcycles in India announced the opening up of dealerships in five new cities i.e. Kolkata, Coimbatore, Madurai, Vizag and Vijayawada. With the opening of experience centres in these five new cities, Revolt will have 19 dealerships in 14 major cities spread across nine states in the country. These experience centres cater to customers for sales and after-sales services and spare.