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Financial  News

30-May-2026
Siyaram Recycling Industries Gains After Securing Rs 1.96 Crore Brass Scrap Order

Siyaram Recycling Industries shares traded higher during the session, rising 0.73% to RS 37.50 from the previous close of RS 37.23 on the BSE. The stock opened at RS 37.23 and moved within an intraday range of RS 36.00 to RS 38.33. Around 1.02 lakh shares changed hands during trading.

The company’s market capitalization currently stands at approximately RS 81.71 crore. Over the past week, the stock has witnessed volatility, touching a high of RS 42.92 and a low of RS 32.67. In the last 52 weeks, the share price reached a peak of RS 157.00 in July 2025 and a low of RS 31.95 in March 2026.

Shareholding data shows that promoters hold a 51.11% stake in the company, while institutional investors own 0.06% and non-institutional investors account for 48.82%.

Boosting investor sentiment, Siyaram Recycling Industries has received a fresh purchase order from Anurag Impex for the supply of Brass Scrap Honey. The contract is valued at RS 1.96 crore and is scheduled to be completed within seven days.

Siyaram Recycling Industries operates in the brass recycling and manufacturing sector, focusing on the processing of brass scrap and the production of brass ingots, billets, rods, and various brass-based plumbing and sanitary components.

30-May-2026
Mini Diamonds Shares Edge Higher After Launch of Fancy Coloured Lab-Grown Diamond Jewellery Collection

Mumbai: Shares of Mini Diamonds (India) witnessed modest gains in early trade on the BSE, reflecting investor interest following the company's latest business expansion initiative. The stock was trading at RS 15.09, up 0.67% or RS 0.10 compared to its previous close of RS 14.99.

The counter opened at RS 15.06 and moved within an intraday range of RS 15.00 to RS 15.20. Trading activity remained active, with over 1.41 lakh shares changing hands during the session.

The company's stock, which belongs to the BSE's 'X' group and carries a face value of RS 2, has experienced significant volatility over the past year. It touched a 52-week high of RS 43.60 in June 2025, while its 52-week low of RS 14.49 was recorded in May 2026. During the last week alone, the stock traded between RS 14.49 and RS 17.00.

Mini Diamonds (India) currently commands a market capitalization of approximately RS 177.83 crore. The shareholding pattern shows promoter ownership at 3.14%, with the remaining 96.86% held by non-institutional investors.

In a strategic move aimed at strengthening its presence in the growing lab-grown diamond jewellery market, the company has introduced a new range of fancy coloured lab-grown diamond jewellery through its wholly owned subsidiary, Namra Jewels. The collection features contemporary designs incorporating fancy-shaped and coloured lab-grown diamonds, targeting consumers seeking stylish and affordable luxury jewellery.

The launch comes at a time when demand for innovative jewellery designs is increasing, particularly among younger and fashion-focused buyers. By expanding into branded jewellery offerings, the company aims to enhance its value-added product portfolio and capitalize on evolving consumer preferences.

Mini Diamonds (India) is primarily engaged in jewellery manufacturing and diamond processing. The company utilizes semi-automatic polishing systems and advanced computerized laser technology for diamond sawing, crafting, and cleaving operations.

30-May-2026
Refex Industries Secures RS 36.91 Crore Order, Shares Edge Higher

Mumbai: Shares of Refex Industries witnessed modest gains in trading on Tuesday after the company announced a new contract valued at RS 36.91 crore. The stock was trading at RS 330.00, up 0.43% or 1.40 points from its previous close of RS 328.60 on the BSE.

During the session, the stock opened at RS 333.85 and moved between an intraday high of RS 336.50 and a low of RS 321.85. Trading activity remained active, with over 2.28 lakh shares changing hands.

Refex Industries has received a contract for the excavation, loading, and transportation of pond ash to open-cast mines, stone quarries, and NHAI project locations. The project, valued at RS 36.91 crore, is scheduled to be completed over a period of two years.

This latest order follows another significant contract recently awarded to the company by a leading Miniratna enterprise for providing logistics and material-handling services within the infrastructure and mining sectors.

The company’s market capitalization currently stands at approximately RS 4,576.27 crore. Promoters hold a 55.85% stake, while institutional investors and non-institutional investors own 1.50% and 42.65%, respectively.

Over the past 52 weeks, the stock has touched a high of RS 534.00 and a low of RS 188.00. In the last week alone, it traded within a range of RS 247.65 to RS 344.55.

Refex Industries is recognized as one of India’s key manufacturers and refillers of refrigerant gases, focusing on environmentally friendly alternatives that replace traditional chlorofluorocarbons (CFCs). The company has also been expanding its presence in logistics, infrastructure support, and industrial material-handling services.

29-May-2026
HBL Engineering Shares Rise After Securing RS 1,714 Crore Railway Order

HBL Engineering shares witnessed strong buying interest on Friday after the company received a major order from Chittaranjan Locomotive. The stock was trading at RS 839.25 on the BSE, registering a gain of 2.66% or 21.75 points compared to its previous close of RS 817.50.

The stock opened higher at RS 851.35 and moved between an intraday high of RS 875.00 and a low of RS 829.00. Around 2.94 lakh shares changed hands during the trading session.

Over the past 52 weeks, the company’s stock has touched a high of RS 1121.95 on November 10, 2025, while the 52-week low stood at RS 551.80 on July 29, 2025. In the last one week, the stock traded in the range of RS 737.00 to RS 875.00. The company’s market capitalization currently stands at approximately RS 23,259.43 crore.

Promoters hold a 59.11% stake in the company, while institutional investors own 6.73%. The remaining 34.16% stake is held by non-institutional investors.

The company has received a Letter of Acceptance (LoA) valued at RS 1,714 crore, excluding GST, for the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment Version 4.0. The project is expected to be completed within a period of 12 months.

Previously known as HBL Power Systems, HBL Engineering is recognized for manufacturing specialized batteries and DC power systems in India. The company has more than three decades of expertise in the sector and serves multiple industrial and railway applications.

29-May-2026
TCS Shares Gain Over 1% After Strategic AI Alliance with Mistral

Tata Consultancy Services shares witnessed strong buying interest on the BSE, rising 1.42% to trade at RS 2313.45, compared to the previous close of RS 2281.00. During the trading session, the stock touched an intraday high of RS 2325.00 and a low of RS 2300.00. Around 1,477 shares changed hands on the counter.

The company’s stock, having a face value of RS 1, recorded a 52-week high of RS 3539.45 on June 18, 2025, while the 52-week low stood at RS 2210.00 on May 14, 2026. Over the last week, the share moved between RS 2499.95 and RS 2210.00. The company currently commands a market capitalization of nearly RS 8.25 lakh crore.

Promoters continue to hold a dominant 71.77% stake in the company, while institutional investors own 23.07% and non-institutional investors account for 5.16%.

TCS has announced a major strategic partnership with Mistral AI, a globally recognized artificial intelligence company. Through this collaboration, TCS has become the first global systems integration partner for Mistral Forge, an enterprise AI platform designed to help businesses create advanced AI models using proprietary enterprise data and industry-specific knowledge.

The partnership aims to combine Mistral’s advanced AI technology with TCS’ strong enterprise expertise and engineering capabilities to help organizations accelerate responsible AI adoption. TCS will utilize the Mistral Forge platform to develop customized AI solutions that improve business decision-making through enterprise-driven intelligence.

Initially, the collaboration will focus on sectors such as banking, financial services, insurance, manufacturing, healthcare, and government services, where demand for trusted and scalable AI solutions is growing rapidly across global markets.

In addition, TCS plans to establish a dedicated Centre of Excellence for Mistral. The facility will support innovation, industry-focused AI solution development, specialized training programs, and project execution while also giving enterprises early access to upcoming AI models from Mistral.

TCS remains one of the world’s leading IT services and consulting firms, providing technology-driven business solutions to major enterprises across multiple industries worldwide.

28-May-2026
Reliance Industries Shares Edge Higher; Jio Adds 29.42 Lakh Subscribers in April

Reliance Industries shares were trading marginally higher at RS 1357.50 on the BSE, gaining 0.60 points or 0.04% compared to the previous close of RS 1356.90.

The stock opened at RS 1352.00 during the session and moved between an intraday high of RS 1360.90 and a low of RS 1350.10. Around 10.82 lakh shares changed hands on the counter so far.

The company’s stock, having a face value of RS 10, touched its 52-week peak of RS 1611.20 on January 5, 2026, while the 52-week low stood at RS 1290.00 recorded on April 6, 2026. Over the past week, the stock traded within a range of RS 1473.65 to RS 1312.00.

Currently, the company commands a market capitalization of nearly RS 18.36 lakh crore. Promoters hold a 50.00% stake in the company, while institutional investors own 39.31% and non-institutional investors account for 10.69%.

Meanwhile, Reliance’s telecom subsidiary Reliance Jio Infocomm reported an addition of 29.42 lakh wireless subscribers during April 2026. With this growth, Jio’s total subscriber base rose to 49.92 crore, giving it a wireless market share of 39.25% as of April 30, 2026.

Reliance Industries remains India’s largest private sector enterprise with business interests spanning oil and gas exploration, refining, petrochemicals, retail, and digital connectivity services.

28-May-2026
Zee Entertainment Shares Surge Over 11% After Sports Channel Expansion Announcement

Zee Entertainment Enterprises witnessed strong buying interest in Tuesday’s trading session, with the stock climbing over 11% on the BSE after the company announced plans to strengthen its presence in the sports broadcasting segment.

The company’s shares were trading at RS 92.45, registering a gain of 11.56% compared to the previous closing price of RS 82.87. The stock opened at RS 83.95 and moved between an intraday high of RS 93.00 and a low of RS 83.20. More than 32.34 lakh shares changed hands during the session on the exchange.

The media major’s stock has recorded a 52-week high of RS 151.70 on July 4, 2025, while the 52-week low stands at RS 68.10 touched on March 23, 2026. During the past week, the stock traded between RS 81.81 and RS 96.95. The company’s current market valuation is around RS 8,894.41 crore.

Shareholding data shows promoter ownership at 3.99%, while institutional investors hold 36.07% stake and non-institutional investors account for 59.93%.

The rally in the stock came after the company revealed plans to introduce ‘Unite8 Sports’, a new sports broadcasting portfolio aimed at expanding its entertainment offerings. As part of the initiative, the company plans to roll out four channels — Unite8 Sports 1, Unite8 Sports 1 HD in Hindi, and Unite8 Sports 2 along with Unite8 Sports 2 HD in English.

The upcoming channels are expected to feature a wide range of sporting events including football, kabaddi, cricket, badminton, wrestling, boxing and combat sports. Through this expansion, the company aims to enhance audience engagement and strengthen its footprint in India’s growing sports entertainment market. Applications required for launching the channels have already been submitted by the company.

Zee Entertainment Enterprises remains one of India’s prominent media and broadcasting companies, known for producing and distributing Hindi entertainment content across television and digital platforms.

28-May-2026
HFCL Shares Surge Nearly 7% After Securing Defence Network Maintenance Contract

Shares of HFCL witnessed strong buying interest on Tuesday, rising nearly 7% in intraday trade after the company announced a major defence-related contract win.

The stock was trading at RS 173.00 on the BSE, gaining RS 11.20 or 6.92% compared to its previous close of RS 161.80. The counter opened at RS 162.60 and moved between an intraday high of RS 176.50 and a low of RS 161.25. More than 27.97 lakh shares changed hands during the session.

HFCL’s market capitalisation currently stands at around RS 26,709 crore. The company’s 52-week high of RS 176.50 was recorded on May 27, 2026, while its 52-week low of RS 59.83 was touched on January 23, 2026.

The rally came after the company secured an order valued at approximately RS 135.09 crore, including GST, from RailTel Corporation of India, which operates under the Ministry of Railways. The project involves a five-year Annual Maintenance Contract for the “Implementation of Secure Operations Network” used in Indian defence data centres, with the agreement running until January 2031.

Under the contract, HFCL will deliver comprehensive maintenance and technical support services to ensure secure and uninterrupted network operations for defence communication systems. The responsibilities include network surveillance, preventive and corrective maintenance, incident handling, performance enhancement, and round-the-clock technical assistance.

HFCL operates across telecom infrastructure, optical fibre manufacturing, defence equipment, and digital communication networks, serving telecom operators, enterprises, and defence organisations.

28-May-2026
Anupam Rasayan Shares Edge Higher After Rs 160 Crore NCD Fundraising

Anupam Rasayan India shares traded marginally higher on the BSE, gaining 0.08% to RS 1370.90 compared to the previous close of RS 1368.60. The stock opened at RS 1379.95 and moved between an intraday high of RS 1380.00 and a low of RS 1351.60. Around 2,365 shares changed hands during the session.

The company’s stock, carrying a face value of RS 10, had touched its 52-week high of RS 1415.40 on May 7, 2026, while the 52-week low stood at RS 976.50 recorded on May 27, 2025. Over the past week, the stock has fluctuated between RS 1281.15 and RS 1415.40. The company currently commands a market capitalization of nearly RS 15,411.65 crore.

Shareholding data showed promoters owning 59.07% stake in the company, while institutional investors held 7.26% and non-institutional investors accounted for 33.67%.

Meanwhile, the company has secured RS 160 crore through the issuance of 16,000 secured, rated, unlisted and redeemable non-convertible debentures (NCDs) via private placement. Each debenture carries a nominal value of RS 1,00,000 with an annual coupon rate of 10.25%. The NCDs are scheduled to mature on June 26, 2027.

Anupam Rasayan India operates in the custom synthesis and specialty chemicals manufacturing segment and is considered among the prominent players in India’s specialty chemical industry.

28-May-2026
Max India Shares Surge Nearly 15% After Antara Senior Living Project Update

Max India witnessed strong buying interest in Thursday’s trading session, with its stock climbing 14.59% on the BSE. The share price was trading at RS 174.70, marking a gain of RS 22.25 compared to the previous close of RS 152.45.

The stock opened at RS 151.25 and moved between an intraday high of RS 177.15 and a low of RS 150.85. Around 30,028 shares changed hands on the exchange during the session.

The company’s BSE Group ‘B’ stock, having a face value of RS 10, had touched a 52-week peak of RS 242.40 on September 25, 2025, while its 52-week low stood at RS 121.00 on March 30, 2026. Over the past week, the stock recorded a high of RS 181.30 and a low of RS 145.65. The firm’s current market capitalization stands at nearly RS 923.61 crore.

Shareholding data shows promoters holding a 49.82% stake in the company, while institutional investors own 8.70% and non-institutional investors account for 41.48%.

The rally in the stock came after the company announced a major development in its senior living business. Antara Senior Living’s joint venture entity, Contend Builders, has received a partial Occupancy Certificate for its residential senior living project located in Sector 150, Noida. The approval covers three towers comprising 340 units under Phase I of the project, enabling senior residents to begin taking possession of their homes.

The occupancy approval is also expected to unlock receivables worth nearly RS 150 crore linked to possession milestones. The overall development project covers close to 12 lakh square feet, with Phase I accounting for around 7.45 lakh square feet and the remaining area allocated to Phase II.

According to the company, Phase I is expected to generate revenue of approximately RS 550 crore, while Phase II has a projected revenue potential of nearly RS 800 crore. Following the progress in Phase I, the joint venture plans to move ahead with the revalidation of approvals required for the second phase of the project.

Max India currently operates as the holding company for the Max Group’s senior care platform Antara and the skilling venture Max Skill First.

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