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Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Adani Energy commissions 1,000 MW power link in Mumbai
Adani Energy Solutions Limited has commissioned a 1,000 MW HVDC transmission link between Kudus and Aarey in Mumbai. This project, featuring the world's first compact HVDC substation, aims to enhance Mumbai's power supply reliability and integrate renewable energy sources. It was conceived following the 2020 Mumbai blackout to reduce reliance on in-city generation and strengthen grid resilience.
BHEL signs technology pact with South Korea’s E2S for excitation systems
BHEL signs tech deal with South Koreas E2S to boost excitation systems, aiding Make in India, shares rise about 5% on strong order pipeline and nuclear power optimism
Vodafone Idea, Ola Electric, Adani Power— These are among the most traded stocks on NSE today, April 6
Vodafone Idea, Ola Electric Mobility, Adani Power, Reliance Power, YES Bank, Jaiprakash Power Ventures, Tata Gold Exchange Traded Fund, Tata Silver Exchange Traded Fund, Suzlon Energy, and PC Jeweller were among the most traded stocks on the NSE.
Vedanta FY26 output hits record highs in Aluminium, Zinc; Hydrocarbon output slips
Vedanta Limited reported record FY26 production across aluminium, alumina and zinc, with alumina output surging 48% and mined metal at Zinc India hitting an all-time high. Power sales and copper output also posted strong growth. However, oil and gas production declined 16% year-on-year, weighing on overall performance.
Tata Power share price jumps 5% after signing PPA with Gujarat govt
Tata Power rose 5% after Gujarat approved a new power supply agreement, allowing the co to restart its 4-gigawatt Mundra facility. The agreement aims to boost electricity production amid potential gas shortages, pending approval from the federal regulator, effective retroactively from April 2025.
Tata Power jumps on reports of Gujarat PPA for Mundra plant
Tata Power Company rose 2.92% to Rs 410.15 following reports that the company has signed a Power Purchase Agreement with the Gujarat government for its Mundra power plant.
BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?
The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.
Tata Power shares gain nearly 4% after signing PPA with Gujarat Govt for Mundra Power plant
The agreement is also on similar terms that the government of Gujarat has done with the Adani group and this agreement will be a template for signing the PPAs with other states, the Tata Power MD & CEO Praveer Sinha told CNBC-TV18 exclusively.
Tata Power Set To Restart Mundra Plant, Reversing Massive Cash Losses
Tata Power will restart its 4 GW Mundra plant next week after securing a new SPPA. The move will erase massive cash losses and boost the company's EBITDA.
Stocks to buy or sell: Ajit Mishra of Religare Broking suggests strategies for 3 shares
Ajit Mishra, SVP of Research at Religare Broking, shares his near-term strategy for Power Grid Corporation of India, Tata Power Company, and PG Electroplast. Mishra believes the Nifty 50 has immediate support in the range of 22,500–22,800, while 23,400–23,600 range is strong resistance.
Who is Atanu Chakraborty and why did HDFC Bank lose Rs 1 lakh crore?
HDFC Bank's share price plummeted by up to 9%, wiping out over Rs 1 lakh crore in market value following the resignation of its part-time Chairman, Atanu Chakraborty. Chakraborty cited ethical concerns over the bank's practices in recent years. Interim Chairman Keki Mistry assured investors there was no power struggle and no governance issues were discussed by the board.