Market News
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India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
Nomura highlights the one stock to play the EMS theme, projects 30% upside
At 28 times its financial year 2029 estimated Earnings Per Share, Avalon Tech's current valuations are "attractive" as per Nomura.
India solar industry seeks higher power prices amid record demand
India's solar industry is urging the power market regulator to raise electricity price limits on exchanges. Companies say the current cap hinders profitability and investment, especially with demand soaring due to heat waves. Peak power demand has hit record highs recently. The industry group argues the cap prevents them from recovering losses during low demand periods.
GRSE Says Rs 33,000 Crore Navy Corvette Contract Could Be Signed This Quarter
Garden Reach Shipbuilders said price negotiations for the Navy's Next Generation Corvette programme have been completed, with contract signing now expected in the current quarter.
BHEL Dividend Alert: FY26 Final Payout Tops Estimates — Check Yield, Record Date Update And More
At BHEL's current share price of Rs 362.30, the dividend implies a yield of about 0.4%.
Stocks To Buy: Here's what is driving Motilal Oswal to project a 20% upside on this new T&D listing
At the current price, shares of Atlanta Electricals are trading at 40.8 times and 26.6 times their estimated financial year 2027 and 2028 earnings and Motilal Oswal's price target values the stock at 32 times its March 2028 estimated Earnings Per Share (EPS), which is still a 55% discount to CG Power.
Risk-reward has improved; Indian economy structurally more resilient: Rishabh Nahar of Qode Advisors
In an interview with Mint, Rishabh Nahar of Qode Advisors discusses the current market structure. With a unique 'all-weather' investment philosophy, he emphasises the importance of long-term capital commitment amidst market fluctuations.
Jyoti CNC Automation shares decline nearly 16% after French authorities initiate probe on subsidiary
Jyoti CNC said that at this juncture, while the assets are seized and services of certain employees who are part of the probe may not be available to the Group for the moment, the current business and operations of Huron Graffenstaden remain as usual.
Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
Aequs shares rise 2% in trade; JM Financial sees more 15% upside
Aequs shares today: JM Financial Institutional Securities has initiated coverage on Aequs with a 'Buy' rating and 12-month target price of ₹145, implying 15 per cent upside from current levels
DEE Development Engineers shares fall 10% after West Asia war impacts export orders
DEE Development Engineers said that the these developments are expected to have a limited bearing on DEE's overall performance for the current period.
