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Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?
Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are in effect for Mumbai and Delhi, with Gujarat and Madhya Pradesh also experiencing intense heat. Experts anticipate a record summer, benefiting power companies as they prepare for heightened electricity needs.
HG Infra bags ₹401 crore railway infrastructure for Anuppur thermal power project
H.G. Infra Engineering Ltd. received a ₹401.33 crore order for a railway project in Madhya Pradesh. Despite a 12.8% rise in Q3FY25 net profit, shares closed 2.41% lower at ₹492, declining over 52% in the last year.
Kirloskar Brothers bags ₹214 crore order for thermal power pumps from Adani Power
Kirloskar Brothers Limited won a ₹214 crore order from Adani Power Limited for circulating water pumps in Madhya Pradesh, Assam, Chhattisgarh and Bihar, boosting profits and revenue in Q3FY25.
Sensex Today | Stock Market Live: Sensex slips 470 pts, Nifty below 24,150; Max Healthcare, JSW Steel, SBI Life top losers
Sensex Today | Stock Market LIVE Updates: Nifty Midcap index up 0.2% and Smallcap indices up 0.7%. Among sectors, metal, media, realty, oil & gas, power up 0.5-1% each. Adani Ports, Interglobe Aviation, Wipro, NTPC and Hindalco are among major gainers on the Nifty, while losers are Tata Consumer, Max Healthcare, JSW Steel, SBI Life Insurance, Axis Bank.