Shares of Tata Power Company Ltd. fell 0.08 per cent to Rs 237.9 in Monday’s trade as of 12:53PM (IST) even as the benchmark Nifty ruled at 19116.75, up 69.5 points. The scrip had closed at Rs 238.1 in the previous session. The stock quoted a 52-week low of Rs 182.45 and a high of […]
Category: Power
Power
Stock market update: Power stocks up as market rises
NEW DELHI: Power stocks were trading higher on Tuesday at 10:45AM Inox wind(up 6.55%), Inox Wind Energy(up 5.45%), ADANIGREEN(up 5.09%), Transformers and Rectifiers(India)(up 5.05%), Jaiprakash Power Ventures(up 4.30%), NLC India(up 3.67%), KEC International(up 2.63%), Orient Green Power Company(up 1.92%), Kalpataru Projects International(up 1.60%) and RTNPOWER(up 1.41%) were among the top gainers.
Tata Power shares rise 0.16% as Sensex climbs
Shares of the Tata Power Company Ltd. traded at Rs 239.35 on BSE at 11:16AM (IST) on Tuesday, up 0.16 per cent from previous close. The scrip quoted a 52-week low price of Rs 182.45 and a high of Rs 276.5.
Adani Green Q2 Results: Cons PAT surges 2.5 times to Rs 372 crore, revenue up 40% YoY
MUMBAI – Adani Green Energy on Monday reported robust earnings for the quarter ended September 2023, with the consolidated net profit rising 2.5 times year-on-year (YoY) to Rs 372 crore. Consolidated net revenue from operations increased by 40% on year to Rs 2,220 crore.
Swan Energy, Esab India among 6 overbought stocks with RSI above 70
Every investor and trader strives to make informed decisions when it comes to stocks. One essential tool in this journey is the Relative Strength Index (RSI). This article provides insights into what RSI is, its significance in stock analysis, and features 6 stocks that have entered the overbought territory. The Relative Strength Index (RSI) is […]
Siemens Energy weighs sale of stake in Indian firm to Siemens -sources
Siemens Energy is considering selling a part of its 24% stake in Indian-listed Siemens Ltd to former parent Siemens AG to shore up its balance sheet, two people familiar with the matter said. The stake is currently worth around $3.4 billion and a partial sale would be a quick way for the German maker of […]
Chinese electric carmaker BYD posts record quarterly profit
BEIJING: China’s top electric carmaker BYD announced a record quarterly profit Monday, underscoring the firm’s growing dominance in a high-tech sector that is fiercely contested by both domestic and foreign competitors. The Shenzhen-based firm posted a profit of 10.4 billion yuan ($1.42 billion) for the July-September period, its highest-ever earnings during a single quarter and […]
NIIF and Macquarie in talks to pick stake in Tecso Charge Zone
Leading infrastructure investors – National Investment and Infrastructure Fund (NIIF) and Macquarie Group are in early stages of discussions to acquire a significant minority stake in Tecso Charge Zone, which operates top electric vehicle (EV) charging stations Charge+Zone, said multiple people aware of the development.
Honeywell unveils innovative solutions to address EV battery fires
US-based consumer technology company Honeywell on Monday said it has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company said its lithium-ion battery safety sensors help play a crucial role in detecting potential battery fires, which can protect drivers.
Solar cushion helps India’s renewable energy firms to offset wind shortfall: Moody’s
Indian renewable energy companies with diversified portfolios in solar projects are able to tolerate generation shortfalls in wind projects, according to a report by Moody’s. The report states that rated issuers have sufficient financial flexibility to absorb moderate project underperformance. The credit quality of these companies is further strengthened by strong sponsors, including sovereign wealth […]
Waaree Energies wins 200 MW module supply order from ENGIE India
New Delhi: Waaree Energies has bagged a 200 MW module supply order from ENGIE India for a solar project in Surendra Nangar district of Gujarat. “Waaree Energies has received a mandate from ENGIE India for supply of 200 MW of solar modules for a solar power project in Sayla village in Surendra Nagar district of […]
Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales
Panasonic Holdings, which supplies batteries for Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division’s annual profit forecast by 15%, underscoring a global slowdown in EV sales. The company’s less positive outlook for its battery segment follows similar warnings by several automakers and suppliers, […]