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ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
Ethanol blending program has saved India Rs1.84 lakh crore in foreign exchange
Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, strengthen the rural economy through ethanol demand, and advance low-carbon mobility, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said recently. India has one of the world's largest two-wheeler ecosystems with an active two-wheeler fleet of over 300 million vehicles. The flex-fuel technology has the potential to transform mobility at an unprecedented scale.
Market trade near day's high; European mrkt advance
IT, consumer durables and auto shares advanced while pharma, media and oil & gas shares declined.
Gujarat Gas: Target Price Hiked Post Q4; Limited Upside Ahead Says ICICI Securities — Here's Why
Gujarat Gas announced its first quarter of results post the merger of Gujarat State Petroleum Corporation and Gujarat State Petronet.
Reliance warns of a volatile oil market in FY27, bets on gas and green chemicals for growth
In the upcoming financial year FY26-27, Reliance Industries Limited is preparing for a potential slump in global oil demand, driven by high crude prices, economic slowdowns, and geopolitical unrest in the Middle East. However, the company is positioning itself to seize a long-term opportunity in the energy and materials sectors.
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani
suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.
Q4 Results LIVE Updates: Balaji Amines shares suge 20%; NLC India up 11%; JSW Steel report today
Q4 Results LIVE Updates: Nifty constituents JSW Steel and Tata Motors PV as well as Apollo Tyres, Hindustan Aeronautics, Data Patterns, United Spirits, Vishal Mega Mart are among the companies reporting their numbers today. Bharti Airtel, Bharti Hexacom, DLF, Oil India, among others will also be reacting to their results reported after market hours on Wednesday. Stay tuned for all the Live updates.
Nifty trades above 23,400 level; oil & gas shares advance
At 11:30 IST, the barometer index, the S&P BSE Sensex, advanced 28.18 points or 0.04% to 74,587.42. The Nifty 50 index rose 29.15 points or 0.12% to 23,410.65.
Q4 Results LIVE Updates: Dr Reddy's, Dixon react to earnings; Bharti Airtel, Cipla report today
Q4 Results LIVE Updates: It's another earnings-heavy day as investors track numbers coming in from two Nifty 50 constituents Bharti Airtel and Cipla. Bharti Hexacom, TVS Motor, Tata Motors Commercial Vehicles, DLF, Crompton Consumer, DCM Shriram, HPCL, GSK Pharma, Man Infra, Oil India, NLC India, PFC, Sagar Cement, Tube Investments, are among the other important companies to track today. Watch this space for all the live earnings updates.