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JK Tyre strengthens energy portfolio with stakes in FPEL and Sunpulse Power
JK Tyre is investing ₹1.53Cr in FPEL and ₹5.04Cr in SPPL, acquiring 26% stakes in both, marking its entry into renewable and conventional power ventures.
Stocks to Watch Today: Coal India, Saatvik Green Energy, JK Tyre, Siemens, ONGC, Ram Ratna Wires, Landmark Cars, Gandhar Oil, P&G Health in focus on 27 May
Stocks to watch on 27 May: Stocks like Oil and Natural Gas Corporation, Siemens, JK Tyre and Industries, Procter and Gamble Health, Landmark Cars, Gandhar Oil Refinery India, Ram Ratna Wires, Vodafone Idea, and Bharti Airtel.
IndiGo among top Nifty losers; Asian Paints, IOCL, Apollo Tyres slump as crude surge hits paints, tyre stocks
The sharp fall in crude-sensitive counters comes as oil prices surged amid the widening conflict involving the United States, Israel and Iran. Paint companies' stocks were among the worst affected, while Tyre makers and OMCs were also weak. The selling pressure extended to aviation stocks as well.