Market News
Stay updated with the latest market trends, earnings, and economic indicators.
ReNew commissions 2.4 GW, marks record renewable capacity addition
ReNew Energy Global Plc achieved a record 2.4 GW of new renewable energy capacity in FY2026. This brings their total operating capacity to 12.6 GW, making them the second largest in India. The company also has significant solar manufacturing capabilities. This marks a significant milestone for ReNew's growth in the renewable energy sector.
CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan
CleanMax Enviro Energy Solutions and Sangam India have joined forces. This partnership aims to reduce carbon emissions for Sangam India's operations in Rajasthan. A hybrid renewable energy supply agreement has been signed. It will provide solar and wind power, supported by battery storage. This will power five Sangam facilities across Rajasthan.
Solar stock Fujiyama Power Systems rise 6% amid stock market rally. Do you own? - Mint
Solar stock Fujiyama Power Systems rise 6% amid stock market rally. Do you own?Mint

Solar stock Fujiyama Power Systems rise 6% amid stock market rally. Do you own?
Fujiyama Power Systems shares rose nearly 6% on April 15, reflecting positive market trends. Investor sentiment improved due to declining crude oil prices. The company also faced a BIS inspection, leading to product seizures, while announcing a new solar cell plant in UP to boost production.

Power stocks rally hinges on demand, solar may face oversupply in 3-4 years: Axis Capital
Sumit Kishore, Executive Director at Axis Capital, expects power demand to pick up going forward, supported by a favourable base and improving economic activity. He believes demand growth could reach around 6% in FY27.
Stocks to buy in 2026 for long term: LT Foods, Aditya Birla Real Estate among 5 stocks that could give 20-30% return
Brokerages remain bullish on select stocks including LT Foods, Aditya Birla Real Estate, PhysicsWallah, Aurionpro Solutions and Solar Industries, with potential upside of 20–38% backed by strong growth visibility and sectoral tailwinds.

GAIL to invest ₹3,295 crore in 600 MW UP solar project with battery storage system
GAIL will invest ₹3,295 crore to set up a 600 MW solar project in Uttar Pradesh, significantly expanding its renewable portfolio. Shares of GAIL (India) Ltd ended marginally lower on Monday, April 13, by 0.24% at ₹153.71 on the NSE.

Stocks to Buy: HSBC initiates on these two renewable stocks for up to 33% upside
All 11 analysts tracking Acme Solar have a 'Buy' rating, while HSBC is the first to initiate coverage on Clean Max.
Defence stocks set for mixed Q4; Nuvama bets on BEL, Solar Industries, and a smallcap pick
Defence sector companies anticipate mixed Q4FY26 results despite strong order books. Nuvama Institutional Equities highlights BEL, Data Patterns, and Solar Industries as top picks. While order inflows remain robust, growth momentum is expected to moderate. Defence stocks have seen a strong rebound in April, with further action anticipated following earnings announcements and geopolitical developments.

Premier, Waaree Energies shares have limited upside; JM Financial prefers these names instead
The brokerage expects the sector to see capital expenditure over the next five years, as companies build a competitive and integrated solar manufacturing ecosystem in India. This, it believes, will act as a key entry barrier and a differentiator among players.
Suratwwala Business Group arm wins 15 MWAC solar project
From Bondada Engineering

Saatvik Green subsidiary secures ₹109-crore order for solar PV modules
The orders are for the supply of solar photovoltaic (PV) modules and are scheduled to be executed by September 2026. Shares of Saatvik Green Energy Ltd ended at ₹421.35, up by ₹2.80, or 0.67%, on the BSE today, April 9.