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Market Trading Guide: Ather Energy among 4 stocks to buy on Wednesday - The Economic Times
Market Trading Guide: Ather Energy among 4 stocks to buy on WednesdayThe Economic Times
Market Trading Guide: Ather Energy among 4 stocks to buy on Wednesday
Nifty ended 80 points lower on monthly expiry, forming a bearish candle, but analysts maintained a positive outlook above the 21-DMA. They recommended ITC Hotels, Aptus Value Housing, Ather Energy and Solar Industries, citing bullish technical setups and breakout patterns.
Solaryaan expects to double revenue to over Rs 400 cr in FY27; to invest Rs 150 cr in battery facility
Mumbai-based Solaryaan anticipates doubling its revenue to over Rs 400 crore this fiscal year, fueled by an expanded product range and a stronger distribution network. The company is also investing Rs 150 crore in a new lithium-ion battery manufacturing unit. Under its 'Solaryaan 2.0' initiative, the firm aims to become a complete energy solutions provider, targeting Rs 1,000 crore revenue by FY29.
Global headwinds persist as India posts 7.8% Q4 growth amid easing oil, steady policy stance and mixed inflation trends
West Asia peace deal eased energy stress, pushing Brent below $80. India grew 7.8% in Q4, CPI rose to 3.9%, fiscal deficit at 4.4% of GDP. RBI kept repo at 5.25% with neutral stance amid mixed global PMI.
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chips
DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment opportunities while reshaping portfolio allocation amid persistent inflation and geopolitical risks.
Bypassing US Dollar? India, Japan Eye Direct Yen-Rupee Settlement For Bilateral Trade
India, Japan plan direct yen-rupee settlements to cut costs and reduce dollar reliance.
Nifty July futures trade at premium
Infosys, HDFC Bank (India) and Reliance Industries were top traded contracts.
Green Energy Stocks Outperform As Indian Benchmark Indices End Lower On June 30 - SolarQuarter
Green Energy Stocks Outperform As Indian Benchmark Indices End Lower On June 30SolarQuarter
India plans to cut reliance on Middle East oil, tap spot market after war shock
India's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost spot market purchases and forge deals with trading houses for diversified sourcing. This strategic shift aims to secure energy supplies and mitigate losses, with new avenues opening from Guyana, Brazil, and the US. The nation is also building strategic reserves to enhance energy security.
Transformers and Rectifiers bags order worth Rs 1,000 cr from Power Grid Corporation of India
Transformers and Rectifiers (India) Limited has secured a significant order exceeding Rs 1,000 crore from Power Grid Corporation of India Ltd (PGCIL). This "ultra mega order" involves the manufacturing of various rated transformers and all associated work. The substantial deal highlights a major development for the company in the power infrastructure sector.
Reliance Power gains after setting up four AI subsidiaries
Reliance Power jumped 2.73% to Rs 24.81 after the company announced its entry into the rapidly evolving field of Artificial Intelligence (AI) and allied new-age technologies through the incorporation of new subsidiaries.
Transformers & Rectifiers India bags ultra-mega order above ₹1,000 crore from Power Grid
The company said it has secured an order worth more than ₹1,000 crore from Power Grid Corporation to manufacture and supply transformers, with the project to be completed over the next 30 months.