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…
Bajel Projects Share: There was a strong rise in the shares of power transmission sector company Bajel Projects Limited on Monday. The company’s shares jumped nearly 14% to reach the day’s high of Rs 160. This rise in the stock came when the information about the company getting ultra mega order worth more than ₹700…
Even on Friday, March 13, shares of some power companies including NTPC Green, CESC and KPI GREEN are in focus. Trading is taking place on a fast note. On Thursday, March 12, these shares made a splash. Shares of NTPC Green Energy rose the most and were the top gainer in Nifty 500. The company’s…
Shares of power companies jumped in the early morning trade on Friday, March 13, as investors’ interest in these stocks peaked on a spike in power demand. The index extended gains following a 2.5% rise in the previous session. Several power stocks like NTPC Green Energy, Adani Power, JSW Energy and Tata Power gained up…
Multibagger stock: Shares of Power Mech Projects, an integrated power infrastructure services company in India, regained momentum in Wednesday’s trade on February 18, surging 5.7% to hit the day’s high of ₹2,204 apiece after the company secured significant orders. In an exchange filing today, the company announced that it had received multiple orders from subsidiaries…
Extending its bull run for the third straight session on Monday, February 16, GE Power India’s share price surged another 9% to the day’s high of ₹522 apiece, which is also its highest level since August 2024, as demand for the counter remained intact in the Indian stock market. The rally was triggered by the…
Globally, Indian equities lagged their East Asian peers, with the South Korean and Taiwanese markets outperforming sharply, posting weekly gains of about 4% and 3%, respectively. The divergence was driven largely by valuation-led sector rotation and strong rallies in technology and semiconductor stocks in those markets, where India has limited representation, said Robin Arya, founder…
A small-cap power stock, KPI Green Energy, surged more than 14% in intraday trade on the BSE on Tuesday, December 30, defying weak market sentiment. KPI Green Energy share price opened at 404.05 against its previous close of 404 and jumped as much as 14.4% to an intraday high of 462. Around 11:20 am, the…
