The earnings season commenced in the second week of April and continues as more than 500 companies are poised to announce their fourth-quarter results in the upcoming week. Domestically, the final significant wave of Q4 earnings announcements will influence individual stock fluctuations. Included in this list are prominent names such as FSN E-Commerce Ventures (Nykaa), …
Nifty heavyweights HDFC Bank, Jio Financial Services and Adani Power will be in focus ahead of the Thursday rejig in Nifty indices. These stocks are expected to be among the biggest beneficiaries of the latest semi-annual adjustment exercise that could trigger cumulative inflows of over $650 million, according to estimates by Nuvama. HDFC Bank will …
ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power (ReNew) won significant capacities in NTPC’s auction to supply 3 GW of firm and dispatchable renewable energy (FDRE) from inter-state transmission (ISTS)-connected projects anywhere in India under FDRE Tranche II. The other winners were …
NTPC Q3 results: NTPC reported a 10.2% QoQ rise in its net consolidated profit to ₹5209 crore during the third quarter of FY 23-24. The company’s net profit increased by 7 per cent YoY from ₹4,854.36 crore in the year-ago period. The total income of the state-owned power company reduced to ₹43,574.65 crore in the …
NEW DELHI : NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23. In the previous financial year, the NTPC subsidiary had produced 23.203 mt of the mineral. The company, in a statement on Friday, said it had recorded …
Image Source : FILE Business stock exchange Early trading in Indian equity markets witnessed a significant downturn today, primarily influenced by the decline in sectors such as banks, financials, technology, metals, and energy stocks. Sensex and Nifty performance The BSE Sensex recorded a substantial decline of over 450 points, while the NSE Nifty dipped below …
Image Source : FILE NTPC logs 83 pc growth in coal output in first half of this fiscal State-run power giant NTPC on Tuesday reported an 83 per cent rise in coal production in April-September period of this financial year, compared to a year ago. NTPC Ltd has reported a substantial growth of 83 per …
Hinduja group flagship Ashok Leyland on Thursday said its aiming to be among the top 10 global commercial vehicle manufacturers in the near future. According to company chairman Dheeraj Hinduja, the heavy commercial vehicle maker is looking at exploring newer markets. Top officials of Ashok Leyland were here to mark the 75th anniversary celebrations of …
Image Source: FILE Market Reverses Opening Gains as Sensex Falls 216 Points Equity benchmark indices witnessed a reversal of early gains and closed lower on Monday. Investors sold off telecom, power, and utility stocks amidst a bearish trend in global markets and profit booking. The 30-share BSE index, after reaching its lifetime high on Friday, …