Market News
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India sets sights on easier N-plant site selection
India is streamlining the site selection process for new nuclear power plants to accelerate atomic energy expansion. A simplified checklist approach is being explored, shifting initial site evaluation responsibility to private developers. This aims to cut lengthy approval times, crucial for achieving ambitious capacity targets and encouraging private sector participation in nuclear generation.
Hitachi Energy India recommends final dividend of ₹8 per share - scanx.trade
Hitachi Energy India recommends final dividend of ₹8 per sharescanx.trade
Hindustan Copper to seek Navratna status, eyes threefold ore output by 2029
Hindustan Copper is aiming for Navratna status, according to outgoing CMD Sanjiv Kumar Singh. The company plans to triple ore output by 2029 and has initiated steps to achieve the prestigious designation. Strong financial performance, including a near doubling of net profit and record revenue in FY26, underpins this ambition. Singh highlighted growing copper demand from renewable energy and EVs as a key growth driver.
Stocks to Watch for June 30: Axis Bank, HDFC Bank, Bandhan Bank and more
From HDFC Bank's proposed CFO appointment to Sterling & Wilson Renewable Energy's major solar project win in Egypt, here are the key stocks to watch ahead of Tuesday's trading session.
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1
India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency measures, implemented in June due to Middle East tensions and a price gap, aimed to ensure equitable supply and prevent hoarding. With global energy trade stabilizing, commercial users like transport operators can now buy fuel without daily limits, restoring normal access to retail pumps.
AI could become the next competitive advantage for renewable energy companies: Report
Artificial intelligence is poised to become a major competitive edge for renewable energy firms, according to a BCG report. The focus is shifting from expanding capacity to enhancing efficiency and value from existing assets. AI can boost worker productivity by up to 25% and improve energy yield, with a strategic approach to a few high-impact use cases proving more effective than numerous experiments.
There’s an energy infrastructure stock up 500% in past year. Citi says it will rise even further
The bank initiated coverage of the energy infrastructure stock with a buy rating. Its price target of $36 implies an upside of 39.4% from Friday's close.
Sterling Wilson JV secures 1,000 MWac solar-plus-storage order in Egypt worth $560 million
Shares of Sterling and Wilson Renewable Energy Ltd ended at ₹244.25, down by ₹2.25, or 0.91%, on the BSE
Technology to be central to Hindustan Zinc's next phase of growth: Chairperson
Hindustan Zinc is pivoting towards becoming a future-ready energy transition company, Chairperson Priya Agarwal Hebbar announced. The firm is significantly investing in technology like AI and automation to boost productivity and safety. Diversifying beyond zinc, the company is exploring critical minerals such as lithium and rare earth elements, essential for the growing electric vehicle market and India's industrial expansion. This strategic shift, dubbed Hindustan Zinc 2.
SWSOLAR JV wins USD 560 million solar project in Egypt
Sterling and Wilson Renewable Energy announced that the company, in a 50-50 joint venture with Hassan Allam Construction - one of the leading contractors in Egypt and the MENA region, has secured an order today, valued at approximately USD 560 million for West Minya Solar Power Project in Minya Governorate, Egypt.
Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.
GE Vernova T&D India Ltd down for fifth straight session
GE Vernova T&D India Ltd is quoting at Rs 4962.5, down 1.6% on the day as on 13:19 IST on the NSE. The stock jumped 110.18% in last one year as compared to a 6.14% slide in NIFTY and a 8.21% spurt in the Nifty Energy index.