The mercury is heating up, and so can your portfolio returns. With India expected to experience above normal temperatures in the coming months, amid increased likelihood of severe heatwaves in the three months till May, investors can look to make the most of it by betting on certain segments of the Indian stock market. According…
Summer is kicking in, air-conditioners are set to work overtime, and the heat from the US-Iran war is beginning to spill into India’s power market too. As temperatures rise and geopolitical tensions keep global energy supplies on edge, power stocks are finding themselves back in the spotlight, with Axis Direct betting that strong demand, weather…
According to Lokesh Manik, a senior analyst at Vallum Capital, global AI trade is attracting capital worldwide, and in India, given the absence of listed AI companies, the power sector has become a natural beneficiary. Besides, with summer setting in early and manufacturing reviving, market participants expect peak power demand to rise, improving utilization levels….
Torrent Power Ltd continues to scale its coal-based portfolio. The recent acquisition of Nabha Power Ltd, a subsidiary of Larsen & Toubro Ltd, comes at a time when other power producers are also increasing their coal-based capacities to meet rising electricity demand. The transaction was at an enterprise value of ₹6,889 crore and included ₹2,733…
