Shares of Tata Power Company Ltd. traded 0.25 per cent up at Rs 458.85 at around 11:11AM (IST) on Friday. The stock had closed at Rs 457.7 in the previous session. Equity benchmark Sensex traded 275.34 points lower at 74335.77 around the same time.
Day: May 3, 2024
Adani Power shares decline 0.6% as Sensex slides
Shares of the Adani Power Ltd. traded at Rs 604.3 on BSE at 11:47AM (IST) on Friday, down 0.6 per cent from previous close. The stock quoted a 52-week low price of Rs 214.0 and a high of Rs 647.0.
IndiGo shares climb 3% on order for wide-body aircraft; Kotak raises target price
Shares of InterGlobe Aviation, which runs IndiGo Airlines, rose 3% to an all-time high of Rs 4,098.45 on BSE in Thursday’s trade after the company placed an order for 30 Firm A350-900 aircraft. Meanwhile, domestic brokerage Kotak Institutional Equities increased the target price of IndiGo to Rs 4,700, signalling an upside potential of 15.5%. “IndiGo’s […]
Technical Breakout Stocks: REC, CESC and Power Grid hit fresh highs; here’s how to trade power stocks on Friday
The Indian market recouped losses and closed in the green on Thursday. The S&P BSE Sensex rose over 100 points while the Nifty50 closed above 22,600 levels. Sectorally, the rally was seen in power and utilities indices, which were up over 1% each, followed by gains in auto and metal stocks. Some profit taking was […]
Air India’s Airbus A350 marks International debut
New Delhi: Air India has launched flights on the Delhi-Dubai route with its new Airbus A350-900 aircraft according to a statement by Air India. The launch of flight on this route marks the international debut of Air India’s recently acquired aircrafts, making it the sole carrier to operate the A350 between India and Dubai.
Energy storage systems crucial to up RE share in power generation: ICRA
Energy storage systems are critical to increase the share of power generated through renewable energy sources, according to Icra. The share of renewable energy power generation, including large hydro, to India’s total power production will increase to close to 40 per cent by FY2030 from less than 25 per cent currently, the rating agency said […]
Go First planes need engines, spare parts; lessors to take longer to fly them out of India
Lessors are likely to take a longer time to fly the Go First’s deregistered 54 planes out of the country as the majority of the planes require engine and spare parts, according to industry experts. Out of the 54 planes, around 24 that were in a flying condition when the airline stopped operations last May […]
REC jumps 20% in 2 days post Q4 results announcement; PFC nears record high
REC stock price hit a record high of Rs 555.45 apiece on the BSE, after it soared 9.5 per cent in Thursday’s intraday trade. The stock has extended its rally into the second day after its January to March quarter results. In two days, REC stock price has leaped nearly 20 per cent after it […]
Go First planes need parts; lessors to take longer to fly them out of India
Lessors are likely to take a longer time to fly the Go First’s deregistered 54 planes out of the country as the majority of the planes require engine and spare parts, according to industry experts. Out of the 54 planes, around 24 that were in a flying condition when the airline stopped operations last May […]
Air France, KLM, Brussels Airlines among carriers in EU greenwashing probe
Air France, its Dutch KLM arm and Lufthansa’s Brussels Airlines are among 20 airlines being investigated by the European Union for potentially misleading greenwashing practices, the airlines told Reuters, confirming a report by Belgian broadcaster RTBF. The EU said airlines needed to make clear to what extent claims that the CO2 emissions caused by a […]
IndiGo announces bonus for its employees
IndiGo, India’s largest airline, has announced a bonus for its employees as it is expected that the airline will return to a full year profit in FY 24. The bonus paid will be equal to one and half month salary of employees. The airline last registered an annual profit in FY 19 after which Covid […]
Qatar Airways Cargo launches advanced animal centre to transport animals
Qatar Airways Cargo, on Thursday, announced the opening of its state-of-the-art animal centre and the reintroduction of its “Next Generation Live” product, establishing new standards in the transportation of live animals, the company said in a press release. The press release said that the carrier has transported over 550,000 animals, including 10,000 horses in 2023. […]