Karnataka and Gujarat continue to lead the race to clean energy transition, but states like Jharkhand, Bihar, West Bengal and Uttar Pradesh need to step up efforts, according to a new report released on Tuesday. The joint report by research organisation, Institute for Energy Economics and Financial Analysis (IEEFA), and clean energy think tank Ember […]
Day: April 23, 2024
Electric car sales likely to rise but affordability in focus, says IEA
Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth. Electric car sales will hit 17 million this year, compared to 14 million in 2023, with more than one in five cars […]
Brokerages reiterate Buy on Reliance Industries despite muted profit- Read to know why
The broking firm Motilal Oswal has maintained the rating and target price on the stock of Reliance Industries. However, it said that the company might see some pressure in oil to chemicals earnings in the first quarter of FY25 as volume is expected to be muted sequentially. It has a “Buy” rating, with a target […]
Airlines have to sit children younger than 12 with parents: Regulator
India’s aviation regulator has asked airlines to ensure that children younger than 12 get to sit with their parents or guardians, giving the direction after observing that the safety practice was not observed. “Airlines shall ensure that children up to the age of 12 years are allocated seats with at least one of their parents/guardians, […]
Oil steadies in Asian trading, Middle East tensions remain in focus
Oil prices steadied in Asian trading on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Global benchmark Brent crude oil futures traded 4 cents higher at $87.39 a barrel by 0153 GMT, and U.S. West Texas Intermediate crude futures also gained 4 […]
Tata Power shares gain 0.36% as Sensex rises
Shares of Tata Power Company Ltd. traded 0.36 per cent up at Rs 429.55 at 12:07PM (IST) on Monday, even as BSE benchmark Sensex gained 424.06 points to 73512.39. The scrip had closed at Rs 428.0 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 444.1 and Rs 193.05, […]
GAIL shares fall 1.23% as Nifty gains
Shares of GAIL (India) Ltd. traded 1.23 per cent down at Rs 199.5 on Monday at around 02:09PM (IST), while the benchmark BSE Sensex advanced 406.44 points to 73494.77. As many as 3,027,367 shares changed hands on the counter with a total value of Rs 60.32 crore.
IRCTC shares gain 1.2% as Sensex rises
Shares of the Indian Railway Catering & Tourism Corporation Ltd. traded at Rs 1004.0 on BSE at 12:12PM (IST) on Monday, up 1.2 per cent. The stock quoted a 52-week low price of Rs 594.55 and a high of Rs 1068.65. Earlier in the day, the stock saw a gap up opening.
Adani Power shares gain 0.42% as Sensex rises
Shares of the Adani Power Ltd. traded at Rs 597.0 on BSE at 10:25AM (IST) on Tuesday, up 0.42 per cent. The stock quoted a 52-week low price of Rs 187.0 and a high of Rs 647.0. Earlier in the day, the stock saw a gap up opening.
KP Energy Q4 Results: Net profit grows 60% to Rs 25 crore
KP Energy on Monday posted a 60 per cent rise in its consolidated net profit at Rs 24.89 crore during the quarter ended March 2024 on account of increased income. It had reported a net profit of Rs 15.48 crore in the January-March period of preceding 2022-23 financial year, the company said in an exchange […]
RIL Q4 Results: Net profit falls 2% YoY to Rs 18,951 crore, yet beats estimates
Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended March 2024. It was Rs 19,299 crore in the year-ago period. ETNOw had predicted PAT at Rs 18,227 crore. Revenue from operations surged 11% year-on-year to Rs 2.4 lakh crore in […]
RIL Q4 Scorecard: From earnings, dividend to key milestones, here are 10 top takeaways for D-Street
Reliance Industries (RIL) on Monday announced its quarterly earnings for January-March period where it became the first Indian company to cross the Rs 1 lakh crore threshold in pre-tax profits. The company also recorded annual consolidated revenue of Rs 10 lakh crore, which was up by 2.6% on a year-on-year basis (YoY). The oil-to-chemicals conglomerate […]