Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Wheels India Limited Acquires 32.65% Stake in Solar Energy Company for ₹3.43 Crores - scanx.trade
Wheels India Limited Acquires 32.65% Stake in Solar Energy Company for ₹3.43 Croresscanx.trade

NTPC commissions 100 MW at Ramagundam solar project; total installed capacity nears 90 GW
NTPC Limited starts commercial operation of 100 MW solar PV at Ramagundam in Telangana, boosting NTPC Groups installed capacity and renewable energy portfolio.
Power prices hit regulatory ceiling as heatwave drives demand
India's power market saw prices surge in late April. High demand, driven by heatwaves, pushed tariffs to the ₹20 per unit ceiling in non-solar hours. The Indian Energy Exchange data shows this trend. This high-price segment allows costlier power sources to meet demand. Peak demand reached a record 256 GW.
Jefferies raises First Solar stock price target to $199 on Q1 beat - Investing.com India
Jefferies raises First Solar stock price target to $199 on Q1 beatInvesting.com India

Jefferies raises First Solar stock price target to $199 on Q1 beat - Investing.com India
Jefferies raises First Solar stock price target to $199 on Q1 beatInvesting.com India
Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi
India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India's capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy's share in the power mix.

Karnataka court pauses stringent power grid penalties for renewable firms
Karnataka court halts new CERC penalty rules for solar and wind deviations after industry challenge, old mechanism stays until next hearing, government to respond by June 10
Market Trading Guide: Buy Dr Reddy’s Laboratories and Solar Industries on Friday for gains up to 14%
Nifty extended losses amid weakness in key sectors, facing resistance near moving averages. Analysts highlight a crucial trading range for direction while recommending select stocks showing bullish breakouts, strong momentum, and accumulation supported by rising volumes

Hindustan Power gets 100-MW solar project from Punjab government
Hindustan Power announced a 100 MW solar project in Punjab, awarded via competitive bidding. The project includes a 25-year power purchase agreement, ensuring long-term revenue and clean energy support. Commissioning is anticipated within 24 months.
India weighs petitions on mandate for domestic solar cells
India's clean energy ministry is reviewing petitions from solar manufacturers and developers regarding a new mandate for domestically made solar cells. This rule, set to take effect in June, could lead to a significant shortage, increased prices, and project delays due to insufficient local production capacity.
Hindustan Power gets 100-MW solar project from Punjab govt
Hindustan Power has secured a 100 MW solar power project from the Punjab government, awarded through a tariff-based competitive bidding process. The company will enter into a 25-year power purchase agreement with Punjab State Power Corporation Limited, with the project expected to be commissioned within 24 months.
SW Solar Q4 Results: Cons profit surge 143% YoY despite 23% revenue decline
Sterling and Wilson Renewable Energy reported a 143% jump in Q4 net profit to Rs 135 crore, but revenue declined 23% year-on-year to Rs 1,946 crore, indicating improved profitability despite lower sales.