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NLC India declared preferred bidder for critical mineral block in Telangana
The block is located in the Sangareddy district of Telangana and contains minerals that are considered strategically important for sectors such as energy storage, defence, aerospace and advanced manufacturing.
Macquarie sees power upcycle; prefers NTPC, JSW Energy amid demand boom
he brokerage has picked NTPC as its top bet in the sector, followed by JSW Energy and Power Grid, while Adani Green, Adani Power, and Adani Energy Solutions are placed lower in its pecking order
Lloyds Metals & Energy Ltd Surges 3.16%, BSE Metal index Gains 1.84%
Lloyds Metals & Energy Ltd has lost 1.23% over last one month compared to 2.79% fall in BSE Metal index and 0.13% rise in the SENSEX
JSW Group enters electric bus arena with aggressive bids in 6,230 e-bus tender, expanding its presence in the segment
Although it did not win any orders, it marked the entry of the steel-to-energy conglomerate in a tightly contested market.
Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 others
As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as its top sector pick, with a revised target price of Rs 480.
Adani Energy, JSW Energy to Adani Power: Energy stocks rise after Macquarie’s bullish calls
Macquarie’s preferred picks in the energy sector include NTPC, JSW Energy, Power Grid Corporation of India, Adani Green Energy, Adani Power, and Adani Energy Solutions.
Nifty 50 target cut by Citi to 26,000 - Key risk factors, top picks explained
Citi has highlighted Financials, Telecom, Healthcare, Defence and Utilities as their key "overweights", while IT Services, Staples, Metals are their top "underweights." It has also added Hitachi Energy into its list of top picks having initiated coverage on the stock recently.
Adani Energy Solutions’ IntelliSmart deal seen a costly but timely bet
In a bold strategic move, Adani Energy Solutions has secured the smart metering firm IntelliSmart Infrastructure for a staggering ₹3,050 crore. This acquisition is not just a financial transaction; it's a calculated step to amplify their presence in the burgeoning smart meter market. With the government gearing up for a comprehensive deployment of smart meters, the timing couldn't be better.
Can rising debt dampen Adani Green’s renewables push?
The installed base Adani Green Energy's renewable capacity is 19.3 GW, and analysts have pencilled in 34%-plus Ebitda growth through FY28.
Stocks to Watch today: IndiGo, Afcons, Bharti Hexacom, JSW Infra, NTPC
Stocks to Watch today: IndiGo, SpiceJet, Afcons infra, JSW Infra, Bharti Hexacom, NTPC Green Energy, NTPC, NLC India, FirstCry, JW Steel, HDFC Bank, among others, will in focus today.
Adani Energy to buy IntelliSmart for ₹3,050 crore
Adani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its position as India's largest smart metering platform with over 47 million meters. This strategic move aligns with India's ambitious plan to replace 250 million conventional electricity meters with smart meters to modernize the power distribution ecosystem and reduce losses.
Adani Energy Solutions to acquire IntelliSmart Infrastructure, a leading smart metering company
Adani Energy Solutions has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100% equity stake in IntelliSmart Infrastructure, a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The proposed acquisition will strengthen AESL's position as India's largest smart metering platform with over 4.7+ crore smart meters.