Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's thermal coal imports sink to a 4-year low as green energy reshapes demand
India's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise in renewable energy generation. The country is actively reducing its dependence on imported coal for power. Increased local production and growing green energy sources are reshaping India's energy landscape.
Top Gainers & Losers on June 18: Bata India, Nykaa, Adani Power, Meesho, KPR Mill, HFCL among top gainers - Mint
Top Gainers & Losers on June 18: Bata India, Nykaa, Adani Power, Meesho, KPR Mill, HFCL among top gainersMint
India's C&I energy storage market to expand to 22-31 GWh by 2032: IESA
India's commercial and industrial energy storage market is set for significant expansion. Projections show growth from under 1 GWh in 2025 to an estimated 22-31 GWh by 2032. This surge is fueled by increasing electricity costs and the widespread adoption of renewable energy sources. Reliable power and decarbonisation goals also contribute to this upward trend.
Buy, Sell Or Hold: Coforge, Samvardhana, Tata Power, Marksans Pharma, PNB — Ask Profit
Buy Sell Hold
Vedanta Power shares drop 3%, fall below listing price. What lies ahead?
Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta demerger. Analysts said the stock remains the most defensive among the four newly listed entities, supported by regulated returns, while advising investors to focus on business quality, sector cycles and execution outlook.
Vedanta Aluminium vs Power vs Oil & Gas vs Iron & Steel: Which stock should you buy?
Four Vedanta Group companies debuted on the market, with aluminium, iron & steel, and oil & gas shares tumbling while power stocks rose. Analysts advise patience, focusing on business quality over price action. Experts suggest aluminium offers the best risk-reward for long-term investors due to strong demand and cost efficiencies.
Dipan Mehta sees long-term wealth creation in NSE listing, turns cautious on defence
Dipan Mehta, Director of Elixir Equities expects the upcoming NSE listing to attract strong investor interest, citing its attractive valuation relative to BSE and long-term growth potential. He stayed upbeat on power transmission stocks like GE Vernova T&D, Hitachi Energy and Siemens, citing strong order books and limited Chinese competition. He turned cautious on defence stocks after their sharp rally, warning of execution risks once geopolitical tensions ease. On Tata Motors, he backed the India business despite Jaguar Land Rover's conservative guidance rattling investors.
'Expensive' valuations may not necessarily lead to underperformance, Jefferies explains
Jefferies has highlighted JSW Energy, Adani Energy Solutions, Premier Energies and Siemens Energy as their top picks within the power theme.
JSW Energy, Adani Energy In Focus: Jefferies Sees Opportunity In Power Stocks Despite Rich Valuations
On the supply side, Jefferies pointed to ongoing capacity expansion plans among private-sector companies.
Power Grid Share Price Live Updates: Power Grid Sees a 0.3% Decrease in Weekly Returns
Kudankulam nuclear plant unit-5 gets reactor vessel
India's Nuclear Power Corporation has achieved a significant milestone. The reactor pressure vessel for Kudankulam Unit-5 has been installed. This crucial step was completed with support from Russia's Rosatom. The installation marks progress in India's nuclear energy expansion. This project underscores strong India-Russia cooperation in nuclear technology. It is vital for India's energy security goals.
Non-fossil power capacity set to cross 300 GW by Sept, says energy minister Pralhad Joshi
India's non-fossil fuel power capacity will surpass 300 GW by September. This expansion is crucial for green hydrogen production under the National Green Hydrogen Mission. The mission aims for significant green hydrogen output, requiring substantial renewable energy. Private sector participation is strong. States are encouraged to adopt green hydrogen policies to attract investment and boost the sector's growth.