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Showing posts with the label torrent power

Stocks in news: Stocks in news: Nestle, Vedanta, L&T, Motilal Oswal, Greenlam Industries

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[hfe_template id='11223'] [ad_1] Markets exhibited high volatility on the monthly expiry day but managed to extend its winning streak for the third consecutive session. In today's trade, shares of Nestle, Vedanta, L&T, Motilal Oswal, Greenlam Industries among others will be in focus due to various news developments and third quarter results. Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, Marico Shares of Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta and Marico will be in focus as the companies will announce their third quarter results today. L&T Larsen & Toubro (L&T) reported a 14% year-on-year growth in its December quarter consolidated net profit at Rs 3,359 crore versus Rs 2,947 crore posted in the year ago period. Tata Consumer Tata Consumer Products reported a flattish net profit growth in the third quarter at Rs 279 crore. This compares with Rs 279 crore in the same quarter of last year. Motilal Oswal Markets regulator Sebi on ...

Danish Power shares list at 50% premium over IPO price on NSE SME platform

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[hfe_template id='11223'] [ad_1] The shares of Danish Power debuted on the NSE SME platform at a premium of 50% on Tuesday. The stock listed at Rs 570 as against an issue price of Rs 380. The IPO was entirely a fresh equity sale of 52.08 lakh shares and through the issue, the company raised about Rs 198 crore, which is the highest public offer in the SME segment this year. Part of the proceeds from the IPO will be used for funding capital expenditure towards the expansion of the manufacturing facility by building of factory shed and installation of additional plant. The remaining funds will be utilised for working capital requirements, repayment of debt, and other general corporate purposes. Danish Power is engaged in the business of manufacturing of different types of transformers including inverter duty transformers used in renewable power projects like solar power plant or wind farms, oil and dry type power and distribution transformers, control relay panel along with...

These 6 stocks hit fresh 52-week highs, rallied up to 34% in a month - On A Roll!

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[hfe_template id='11223'] [ad_1] IRFC Share Price 147.68 03:59 PM | 18 Oct 2024 -1.44(-0.97%) Suzlon Energy Share Price 72.19 03:59 PM | 18 Oct 2024 -0.83(-1.13%) IREDA Share Price 216.14 03:59 PM | 18 Oct 2024 -1.58(-0.73%) Tata Motors Share Price 910.15 03:59 PM | 18 Oct 2024 18.55(2.09%) YES Bank Share Price 21.09 03:59 PM | 18 Oct 2024 0.2(0.91%) HDFC Bank Share Price 1681.85 03:59 PM | 18 Oct 2024 8.7(0.52%) NHPC Share Price 84.13 03:59 PM | 18 Oct 2024 -0.83(-0.97%) RVNL Share Price 477.3 03:59 PM | 18 Oct 2024 -12.31(-2.52%) SBI Share Price 820.4 03:59 PM | 18 Oct 2024 9.36(1.16%) Tata Power Share Price 453.55 03:59 PM | 18 Oct 2024 3.36(0.75%) Tata Steel Share Price 155.39 03:59 PM | 18 Oct 2024 2.99(1.97%) Adani Power Share Price 611.4 03:58 PM | 18 Oct 2024 2.3(0.38%) PayTM Share Price 725.15 03:59 PM | 18 Oct 2024 29.0(4.17%) PNB Share Price 103.27 03:59 PM | 18 Oct 2024 0.82(0.8%) Zomato Share Price 257.45 03:59 PM | 18 Oct 2024 -13.11(-4.85%) BEL Share Price...

Torrent Power shares zoom 9% on securing 2,000 MW energy storage contracts from MSEDCL

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[hfe_template id='11223'] [ad_1] Shares of Torrent Power today surged 9% to its fresh 52-week high of Rs 1,983.70 on the BSE after announcing that it has signed 2 letters of award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 2,000 Megawatt (MW) Energy Storage Capacity.“Torrent Power Limited, one of the leading private sector integrated power utility with presence across generation, transmission and distribution and part of the Torrent Group, has received letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for long-term supply of 2,000 Megawatt (MW) Energy Storage Capacity from InSTS Connected Pumped Hydro Storage Plant,” said the company in a filing to the exchanges. The 2 contracts that the company has signed with MSEDCL are for a supply of 1500 MW energy supply capacity and an additional 500 MW energy storage capacity. MSEDCL will procure energy storage capacity from Torrent Power’...

Big movers on D-Street: What investors should do with TCS, Torrent Power and Mphasis

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[hfe_template id='11223'] [ad_1] Benchmark stock indices Sensex and Nifty hit fresh lifetime intraday highs before closing lower on Wednesday, ahead of the US Fed's decision on interest rates. Stocks that were in focus included TCS, which fell 3.5%; Torrent Power, which gained 8.48%; and Mphasis, whose shares declined 6% on Wednesday. TCS After making lows around Rs 3,583 in June 2024, the price has experienced a sharp upward move, reaching an all-time high of Rs 4,592. The price has returned almost 30% from its lower level, with buyers holding the upper hand over bears. Torrent Power After reaching a low of Rs 1,296 in May 2024, the price has experienced a bull run, reaching an all-time high of Rs 1,908. The price has gained almost 47% from its lower level, with bulls maintaining full control over the market. Mphasis After making multiple lows around Rs 2,148 in May 2024, the price has experienced a sharp upward move, reaching a two-year high of Rs 3,188. The price ...