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Showing posts with the label tata power

Sensex slips 500 points lower, Nifty below 24,550; bank, auto stocks drag

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[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened lower on Thursday, dragged by losses in banking and auto stocks, after a strong rally earlier this week that took them to nearly seven-month highs. Analysts expect consolidation as recent gains from trade deal progress and macroeconomic stability appear to be priced in. At around 9:47 am, the BSE Sensex was down 501 points, or 0.62%, at 80,828, while the Nifty50 slipped 131 points, or 0.53%, to 24,535. From the Sensex pack, IndusInd Bank, Sun Pharma, M&M, Maruti, Kotak Bank, and Axis Bank were among the top laggards in early trade, while Tech Mahindra, Adani Ports, Tata Motors, and HCL Tech opened with gains. Among individual stocks, Tata Power jumped 2% after the company reported a 25% YoY increase in its consolidated net profit, reaching Rs 1,306 crore in Q4FY25. Eicher Motors shares surged 2% after the company posted a strong set of Q4FY25 numbers, with consolidated net profit rising 27% year-on-ye...

Stocks in news: Gensol Engineering, HCL Tech, Tata Power, NMDC, IndusInd Bank

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[hfe_template id='11223'] [ad_1] Domestic markets traded in a narrow range on Friday and ended almost flat, pausing after two consecutive sessions of gains. In today's session, shares of Gensol Engineering, HCL Tech, Tata Power, NMDC, IndusInd Bank among others will be in focus due to various news developments. HCL Tech Shiv Nadar inked a gift deed to give 47% shareholding of HCL Corp and Vama Delhi each to his daughter Roshni Nadar Malhotra. RailTel RailTel bagged a work order worth Rs 28.29 crore from Northern Railway. Tata Power Tata Power's arm Tata Power Renewable Energy has signed a memorandum of understanding (MoU) with the government of Andhra Pradesh to collaborate on renewable energy projects in the state. JSW Steel Crude Steel Production was up around 12% YoY At 24.07 lakh tonnes versus 21.50 lakh tonnes. Shilpa Medicare US FDA issued a Form 483 with 1 observation for Raichur-based Unit-1 of its arm Shilpa Pharma Lifesciences. ONGC ONGC arm ONGC Petro ...

Stocks in news: Stocks in news: Hindalco, SJVN, Honasa Consumer, ICICI Bank, Tata Power

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[hfe_template id='11223'] [ad_1] Indian markets remained volatile after five consecutive days of decline, ultimately ending flat amid mixed cues. In today's trade, shares of Hindalco, SJVN, Honasa Consumer, ICICI Bank, Tata Power among others will be in focus due to various news developments and third quarter results. Hindalco, SJVN Shares of Hindalco and SJVN will be in focus as the companies will announce third quarter earnings later today. Honasa Consumer Mamaearth operator Honasa Consumer reported its December quarter consolidated net profit at Rs 26 crore which was flat over Rs 25.9 crore reported in the year ago period. Suven Pharmaceuticals Suven Pharmaceuticals reported a 77% year-on-year (YoY) jump in net profit at Rs 83 crore for the third quarter. Revenue from operations gained 40% to Rs 307 crore. ICICI Bank ICICI Bank said JV partner Prudential PLC is evaluating potential listing of ICICI Prudential Asset Management. Stock Trading Maximise Returns by Inv...

Stocks in news: Stocks in news: Titan, Asian Paints, Power Grid, Nestle, Gland Pharma

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[hfe_template id='11223'] [ad_1] Markets began the week on a weak note, influenced by global cues, and declined by over half a percent. In today's trade, shares of Titan, Asian Paints, Power Grid, Nestle, Gland Pharma among others will be in focus due to various news developments and third quarter results. Titan, Asian Paints, Tata Power Shares of Titan, Asian Paints, Tata Power will be in focus as the companies will announce their quarterly results later today. GRSE Garden Reach Shipbuilders Engineers (GRSE) reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period. Power Grid Power Grid Corp missed third-quarter profit estimates, largely because of sluggish power demand. The state-run energy transmission company's consolidated net profit fell 4% to Rs 3862 crore. Nestle India Packaged foods maker Nestle SA is evaluating bringing its global partnership with St...

Diwali Muhurat Trading Day Stock Picks: 10 ideas for the special occasion - Special Session Special Picks

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[hfe_template id='11223'] [ad_1] IRFC Share Price 155.96 03:59 PM | 31 Oct 2024 0.41(0.27%) Suzlon Energy Share Price 66.95 03:59 PM | 31 Oct 2024 -1.18(-1.74%) IREDA Share Price 210.04 03:59 PM | 31 Oct 2024 -0.18(-0.09%) Tata Motors Share Price 834.05 03:59 PM | 31 Oct 2024 -6.16(-0.74%) YES Bank Share Price 20.4 03:59 PM | 31 Oct 2024 -0.33(-1.55%) HDFC Bank Share Price 1735.7 03:59 PM | 31 Oct 2024 1.11(0.07%) NHPC Share Price 82.6 03:59 PM | 31 Oct 2024 0.57(0.7%) RVNL Share Price 471.8 03:59 PM | 31 Oct 2024 6.45(1.39%) SBI Share Price 820.2 03:59 PM | 31 Oct 2024 -2.25(-0.28%) Tata Power Share Price 440.05 03:59 PM | 31 Oct 2024 13.06(3.06%) Tata Steel Share Price 148.56 03:59 PM | 31 Oct 2024 -0.41(-0.28%) Adani Power Share Price 592.7 03:59 PM | 31 Oct 2024 0.66(0.11%) PayTM Share Price 758.9 03:58 PM | 31 Oct 2024 6.8(0.91%) PNB Share Price 97.9 03:59 PM | 31 Oct 2024 -2.06(-2.07%) Zomato Share Price 241.75 04:00 PM | 31 Oct 2024 -5.1(-2.07%) BEL Share Price 28...

Tata Power shares pop 3% on solid Q2 Show. Should you buy, sell or hold?

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[hfe_template id='11223'] [ad_1] Shares of Tata Power rallied 2.9% to an intraday high of Rs 439.50 on the BSE on Thursday after the company reported a net profit (before exceptional items) of Rs 1,533 crore for the September 2024 quarter, compared with Rs 1,017 crore in the same quarter last year. This represents a 51% year-on-year (YoY) increase. Meanwhile, revenue from operations fell 1% YoY to Rs 15,247 crore. Consolidated EBITDA for the quarter rose 23% to Rs 3,808 crore, driven by increased solar manufacturing, favorable regulatory developments in distribution, and enhanced operational efficiency across businesses. The company also stated that it is well on track with its planned capital expenditure (Capex) for the financial year, having spent Rs 9,100 crore during H1 out of a total of Rs 20,000 crore. The transmission portfolio now stands at 7,049 circuit kilometers (Ckm), including 4,633 Ckm that are commissioned and 2,416 Ckm currently under construction. Also r...

Stocks in news: Tata Investment, Tata Power, L&T, Wipro, Biocon

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[hfe_template id='11223'] [ad_1] Domestic markets experienced volatility on Wednesday and ended down nearly half a percent amid mixed signals. In today's trade, shares of Tata Investment, Tata Power, L&T, Wipro, Biocon among others will be in focus due to news developments and second quarter results. Tata Investment Shares of Tata Investment will be in focus in Thursday's trade as the company will announce quarterly numbers for the July-September 2024 period. Tata Power The company reported a net profit (before exceptional items) of Rs 1533 crore in the September 2024 quarter, compared with Rs 1,017 crore in the year-ago quarter. This is an increase of 51% year-on-year. Read more: Here's the trade setup for today's session Godavari Biorefineries Ace investor Madhuri Madhusudan Kela on Wednesday bought 5 lakh shares in debutant Godavari Biorefineries through a block deal. Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Ku...