Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Premier Energies gains 4%, stock soars 55% from 52-week low; here's why
The company is primed to capitalize on the booming solar opportunity with expanded module capacity of 11.1 gigawatts and cell capacity going up to 10.6 gigawatts shortly, says Premier Energies.
Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 cr
Global financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters selling shares worth over Rs 2,291 crore. This investment comes as Premier Energies secured significant orders for solar cells and modules. The company is expanding its manufacturing capacities for cells and modules.
Premier Energies Shares Extend Gains A Day After Nomura, Quant Buy Stake In Block Deals
Among the key buyers, Quant Mutual Fund acquired 40.84 lakh shares, while Nomura India Investment Fund Mother Fund purchased 25 lakh shares at Rs 955 apiece.
Explained - What is the June 1 ALMM deadline and why are shares of Waaree, Premier rising
For domestic integrated cell and module manufacturers like Waaree, Premier Energies, and Emmvee, this mandate is a significant positive. By mandating the use of ALMM-compliant cells, the government is effectively creating a protected and prioritized market for domestic production.
Premier Energies promoters sold stake worth ₹2,291 crore on Monday - Check the list of buyers
At the end of the March quarter, Surenderpal Singh Saluja held 3.46% stake in the company, Manjeet Kaur Saluja held 1.12% stake, while Charandeep Singh Saluja and Jasveen Kaur Saluja held 0.31% and 0.62% stake, respectively.
Boost For Premier, Waaree Energies? Govt Says No To Blanket ALMM List II Extension — Here's What It Means
Developers had pushed back hard, citing fears of a domestic solar cell shortage, higher procurement costs and execution delays.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Stocks to Watch today: Vodafone Idea, ONGC, Suzlon, RVNL, Premier Energies
Stocks to Watch today, May 26, 2026: Hitachi Energy, Container Corp, IRCTC, Indian Metals & Ferro Alloys are among the top stocks to watch during today's trading session
Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC
Indian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a large promoter stake sale. Suzlon Energy reported its Q4 results. ONGC is expanding its partnership with BP. IRFC entered metro rail financing. Paytm is investing in its European entity. Hindalco anticipates rising raw material costs.
Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund
The appointments of Saurabh Shukla and Gopalan S Raghavan as executive directors (ED) at BSE come after a regulatory mandate to strengthen governance of exchanges and other market institutions
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
Premier Energies shares worth ₹2,055 crore change hands in multiple block trades
Sources tell CNBC-TV18 that the promoter entity is the likely seller in the Premier Energies block deal, while multiple Foreign Institutional Investors, and Mutual Funds were buyers.