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Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers - livemint.com
Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainerslivemint.com
Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say
Indian refiners Indian Oil Corp and Hindustan Petroleum Corp have collectively secured approximately 7 million barrels of crude oil through recent tenders. Indian Oil acquired various grades from Angola and Nigeria, while HPCL purchased Brazilian Tupi crude. These significant purchases are slated for delivery between August and September, bolstering India's energy reserves.
Raymond shares rise 4% after former BEL chief joins defence business
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business. The company expects his nearly four decades of experience in defence technologies and programme execution to strengthen its expansion into defence electronics, systems integration, aerospace and related engineering businesses.
Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank
Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to power commercial and industrial clients with clean energy.
Nomura names M&M, Hyundai, Ather Energy as top picks after June auto sales; says EV penetration at inflection point
Nomura remains positive on India's automobile sector after strong June sales, saying electric vehicle adoption has reached an inflection point. The brokerage expects continued momentum driven by new launches and improving charging infrastructure, while naming Mahindra & Mahindra, Hyundai Motor India, Ather Energy and Sona BLW among its top picks.
Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Our AI knew it: Up 13% premarket, this energy stock is now up +57% - in.investing.com
Our AI knew it: Up 13% premarket, this energy stock is now up +57%in.investing.com
GK Energy shares rise 4% on securing ₹236 crore MSEDCL solar pump order
Following the latest contract, GK Energy said its cumulative order book from MSEDCL has risen to ₹637.83 crore. The company said the project is scheduled to be executed within 60 days from the issuance of the work order or Notice to Proceed (NTP).
GK Energy secures Rs 235.92 cr order for deployment of solar-powered irrigation systems
From Maharashtra State Electricity Distribution Company
Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambit
Gautam Adani's $11.5 billion aluminium joint venture with IHC marks his biggest bet yet on India's industrial future. Rather than challenging Hindalco and Vedanta directly, Adani is targeting soaring aluminium demand driven by manufacturing, renewable energy and infrastructure, aiming to build a fully integrated metals business and reshape India's aluminium industry.
India's power demand likely to grow 6% annually as renewable capacity additions stay strong
India's power demand is expected to grow at around 6 per cent annually over the next four to five years, supported by continued renewable energy capacity additions of 45-50 GW every year, according to a Centrum Institutional Research Q1FY27 power sector results preview report.
Adani Energy Solutions Ltd extends upmove
Adani Energy Solutions Ltd is quoting at Rs 1621.2, up 3.34% on the day as on 12:44 IST on the NSE. The stock is up 83.53% in last one year as compared to a 3.99% fall in NIFTY and a 8.05% fall in the Nifty Energy.