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MTAR Tech shares rally 12% after crashing 15% over 2 days. What lies ahead?
MTAR Tech shares rebounded 12% after a sharp two-day fall triggered by concerns over a potential project pause linked to Bloom Energy. The company clarified no such communication was received, easing investor worries. Strong order book growth, bulk deal activity, and broader market optimism supported the recovery.
MTAR Tech rebounds 10% on Bloom Energy project clarity; Here's what the management said
MTAR Technologies Managing Director Srinivas Reddy told CNBC-TV18 that the company has not received any communication from Bloom Energy regarding a pause in the data centre project and that reports suggesting a delay remain speculative.
Macquarie sees power upcycle; prefers NTPC, JSW Energy amid demand boom
he brokerage has picked NTPC as its top bet in the sector, followed by JSW Energy and Power Grid, while Adani Green, Adani Power, and Adani Energy Solutions are placed lower in its pecking order
Lloyds Metals & Energy Ltd Surges 3.16%, BSE Metal index Gains 1.84%
Lloyds Metals & Energy Ltd has lost 1.23% over last one month compared to 2.79% fall in BSE Metal index and 0.13% rise in the SENSEX
MTAR Tech, L&T And Walchandnagar Rally On Govt's Relief On Nuclear Imports
This rally comes on the back of aMinistry of Finance notification that directed nono customs duty shall be required to be paid on goods for nuclear energy generation imported between April 1, 2019 and January 31, 2026.
Rupee rises 39 paise against US dollar as crude oil prices ease
Indian rupee opens 39 paise stronger against US dollar as crude oil prices fall on renewed US Iran deal hopes, easing energy cost concerns.
ReNew Wind Energy (Jath) reports standalone net loss of Rs 1.30 crore in the March 2026 quarter
Sales decline 6.85% to Rs 6.80 crore
IL & FS Energy Development Co. standalone net profit rises 1353.48% in the March 2026 quarter
Reported sales nil
US 'specifically' asked India to buy Russian oil in 2022, says EAM Jaishankar
India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oil was available and affordable. The United States had specifically requested India continue buying Russian crude. This action aimed to stabilize global energy markets. India's decision was driven by market realities, not politics.
JSW Group enters electric bus arena with aggressive bids in 6,230 e-bus tender, expanding its presence in the segment
Although it did not win any orders, it marked the entry of the steel-to-energy conglomerate in a tightly contested market.
The conviction in India continues to be very high: Citi's Achintya Mangla
India is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently cautious, questioning India's position in the global AI race and seeking improvements in ease of doing business. Despite short-term volatility, long-term conviction in India remains strong, supported by favorable demographics and growing manufacturing.
India Playing Its Role In West Asia Crisis, Can't Be Paralysed, Says Niti Aayog VC
PM Modi-led NITI Aayog meeting focused on energy affordability, nuclear power, skilling and sustaining economic growth amid global uncertainty.