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AI trade turns Adani’s energy stocks into India proxy play
Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market.
Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle
Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.
Adani Green Energy incorporates units to operate in renewable energy space
Adani Green Energy Limited has established new companies for clean energy power generation. These step-down subsidiaries were incorporated by its wholly-owned subsidiary, Adani Renewable Energy Sixty Four Limited. The new entities will focus on generating power from renewable energy sources. Adani Green Energy is a key player in developing and operating solar, wind, and energy storage solutions.
Adani Green Energy and 4 other stocks hit a 52-week high, rally up to 48% in a month
Five BSE 100 LargeMidcap TMC stocks, including Adani Green, Polycab and Nestle India, hit fresh 52-week highs despite broader market softness, rallying up to 48% in a month.
CleanMax shares in focus after bagging a ₹100 crore investment from Apple for clean energy initiatives
Apple will invest ₹100 crore with CleanMax for 150 MW renewable energy in India, and partner with WWF-India and Acumen on plastic waste, green startups and its 2030 carbon neutral goal
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
SPML Infra surges after bagging Rs 1128 crore BESS project from NTPC
SPML Infra jumped 4% to Rs 222.20 after the company announced that it has secured a landmark Rs 1,128 crore contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Limited's Barauni Thermal Power Station in Bihar.
KPI Green Energy share price jumps 11% after Q4 results today
KPI Green Energy share price jumped 11% on Wednesday, 6 May, after the company reported a strong set of numbers in the March quarter FY26.
KPI Green Energy jumps 11% after Q4 profit rockets 49%; dividend declared
KPI Green Energy has reported a consolidated net profit of ₹155 crore in Q4FY26, up 49 per cent Y-o-Y. Its revenue grew by 40 per cent to ₹796 crore.
KPI Green Energy Q4 Results: Stock jumps up to 11% after 49% profit growth, margin expansion
KPI Green Energy's long-term borrowings rose sharply from ₹861.6 crore in FY25 to ₹3,666 crore in FY26. The debt-equity ratio moved from 0.46x to 1.49x.
KPI Green Energy gains as Q4 PAT jumps 49% YoY to Rs 155 cr
KPI Green Energy surged 5.09% to Rs 479.05 after its consolidated net profit jumped 49.23% to Rs 155.47 crore in Q4 FY26, compared with Rs 104.18 crore in Q4 FY25.
KPI Green Energy consolidated net profit rises 46.55% in the March 2026 quarter
Sales rise 39.76% to Rs 795.81 crore