Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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.
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.
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.
The Week Ahead: Suzlon, Asian Paints Q4 Earnings, SME IPOs To IPL 2026 Playoffs
The Indian Premier League 2026 reaches its high-stakes ultimate playoff phase this week. Key matches include Qualifier 1 on Tuesday, 26 May at Dharamshala, and the Eliminator on Wednesday, 27 May at New Chandigarh.
Premier Energies Q4 profit jumps 64% as solar demand lifts revenue; plans ₹5,000 crore fundraising
Strong revenue growth boosted Premier Energies’ quarterly profit, while the company also unveiled plans to raise ₹5,000 crore for future expansion.
Q4 Results LIVE Updates: JSW Steel, Muthoot react to results; Tata Steel, Power Grid report today
Q4 Results LIVE Updates: Two Nifty 50 companies Tata Steel and Power Grid along with broader market names like ITC Hotels, Hindustan Copper, Godfrey Phillips, Gland Pharma, Cochin Shipyard, Deepak Nitrite, Balrampur Chini, Arvind, Bajaj Electricals, Aarti Drugs, Aether Industries, Alembic Pharma, NCC, NHPC, Premier Energies, SAIL, SJVN, Solara Active Pharma, Symphony, Thangamayil, Triveni Engineering, VST Tillers, are among the companies reporting their earnings today. JSW Steel, Muthoot Finance, Apollo Tyres, Endurance Tech, Voltas, are some of the other result reactions today. Watch this space for all the LIVE updates.
BCCI Plans New Travel Rules Amid Concerns Over Players’ Partners In IPL
The board is set to review the growing presence of players’ partners during the Indian Premier League 2026, citing concerns over protocol, security, and the league’s image.
Premier Explosives rallies after bagging Rs 350-cr international defence order
Premier Explosives jumped 8% to Rs 537.90 after it has secured an international order worth Rs 350.23 crore.
Premier Explosives shares jump 10% on ₹350 crore export order win; up 43% in April
Premier Explosives stock surged 10% to ₹545 on April 22 after securing export orders worth ₹350.23 crore for defense products. Despite a weak December quarter performance, the company's strong order book remains promising for future growth.
Premier Explosives jumps 9% on ₹350 crore defence export order
Premier Explosives shares jump after winning export defence orders worth ₹350.23 crore from an overseas client, to be executed over two years, with no related party involvement.
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.