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AI trade turns Adani’s energy stocks into India proxy play
Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market.
Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle
Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.
L&T Energy Hydrocarbon Onshore wins order from Bharat Coal Gasification and Chemicals
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore.
Adani Green Energy incorporates units to operate in renewable energy space
Adani Green Energy Limited has established new companies for clean energy power generation. These step-down subsidiaries were incorporated by its wholly-owned subsidiary, Adani Renewable Energy Sixty Four Limited. The new entities will focus on generating power from renewable energy sources. Adani Green Energy is a key player in developing and operating solar, wind, and energy storage solutions.
Adani Green Energy and 4 other stocks hit a 52-week high, rally up to 48% in a month
Five BSE 100 LargeMidcap TMC stocks, including Adani Green, Polycab and Nestle India, hit fresh 52-week highs despite broader market softness, rallying up to 48% in a month.
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies is gearing up to strengthen its market position with a Rs 1,225 crore acquisition of a 55 percent stake in Associated Power Structures. This deal will officially transform Associated Power Structures into a subsidiary of Waaree by June 15, 2026. Such a substantial investment signifies a transformative moment for the renewable energy landscape.
Promoter Shareholding: Godrej Properties, Adani Energy see stake hike; BHEL, Vishal Mega Mart, Biocon face cuts
Promoter Shareholding: The companies that recorded an increase in promoter ownership between the December 2025 and March 2026, Godrej Properties saw promoter holding rise from 47.2% to 51.7%, while Adani Energy Solutions witnessed an increase from 71.2% to 72.7%.
CleanMax shares in focus after bagging a ₹100 crore investment from Apple for clean energy initiatives
Apple will invest ₹100 crore with CleanMax for 150 MW renewable energy in India, and partner with WWF-India and Acumen on plastic waste, green startups and its 2030 carbon neutral goal
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
India shielded fuel supply through crude diversification amid Hormuz turmoil: S&P Global Energy official
India's refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversified crude purchases, increasing imports from multiple sources, including significant Russian oil acquisition, to maintain domestic fuel supplies. While India's energy system faces pressure, its efficient buying strategy and diversified sourcing have kept refineries running at strong levels.
SPML Infra surges after bagging Rs 1128 crore BESS project from NTPC
SPML Infra jumped 4% to Rs 222.20 after the company announced that it has secured a landmark Rs 1,128 crore contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Limited's Barauni Thermal Power Station in Bihar.
Suzlon Energy Ltd slips for fifth straight session
Suzlon Energy Ltd is quoting at Rs 53.48, down 2.5% on the day as on 13:19 IST on the NSE. The stock tumbled 2.23% in last one year as compared to a 1.44% slide in NIFTY and a 19.65% spurt in the Nifty Energy index.