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Power stocks in demand: ABB, Siemens, Hitachi, Torrent soar up to 8%
According to Hitachi Energy, the Union Budget lays out a strong roadmap for technology-led growth with higher public capital expenditure and a clear push for AI data centers and advanced manufacturing
NTPC Renewable Energy begins commercial supply of 165 MW from Khavda-II solar project
NTPC Green Energy announced a significant milestone. Its arm, NTPC Renewable Energy, has commenced commercial supply from the second phase of its Khavda-II solar project in Gujarat. This adds 165 MW to the group's operational capacity. The total installed capacity of the NTPC Green Energy Limited Group now stands at 8,992.68 MW.
Clean Max Enviro Energy Solutions IPO Opens On Feb. 23: Check GMP, Offer Size, Price Band And More
IPO opens on Monday
KPI Green Energy completes 92.4 MW wind power project in Gujarat
The project comprises 28 wind turbine generators, the company said, adding that it has completed all its works under its scope, including balance of plant, power substation, EHV transmission line and putting up and installing the WTGs.
NTPC Green Energy starts 165 MW solar operations in Gujarat; total capacity nears 9 GW
NTPC Green Energy Limited began commercial operations of 165 MW at Khavda-II Solar PV project in Gujarat, raising total capacity to 8,992.68 MW. Q3 profit fell 73%, but revenue and EBITDA rose.
Clean Max Enviro Energy Solutions IPO: From GMP to issue size, and more - 10 key things to know before subscribing
Clean Max Enviro Energy Solutions IPO opens for subscription on February 23 and closes on February 25, with a price band of ₹1,000 to ₹1,053. The grey market trend shows a modest premium with the GMP at ₹7 per share, down from ₹14 earlier.
Waaree Energies shares in focus as company holds talks with Andhra Pradesh government to set up a gigafactory
Shares of Waaree Energies are in focus after the company confirmed talks with Andhra Pradesh and other states to set up a 16–20 GWh lithium-ion battery gigafactory. The Rs 8,000–8,175 crore project, approved by the state, aims to create 3,000 jobs and strengthen India’s clean-energy and storage capabilities.
Lloyds Metals & Energy among 5 stocks showing bullish RSI upswing
Five Nifty500 stocks, including Lloyds Metals & Energy and Welspun Living, signalled bullish momentum on December 10 with RSI crossing above 50. The RSI Trending Up scan highlights strengthening price trends, indicating potential upside and helping traders identify short-term buying opportunities based on improving technical indicators.
Philippines' Aboitiz in talks for majority stake in Fourth Partner
Philippine firm Aboitiz Power is in discussions to buy a significant stake in Indian renewable energy company Fourth Partner Energy. Early investors in Fourth Partner are looking to sell their holdings. This move signals continued investment in India's green energy sector. Fourth Partner Energy supplies power to commercial and industrial clients and has international projects.
TCS shares rise 2% after Tata Group and OpenAI announce strategic partnership
Tata Consultancy Services (TCS) shares surged after announcing a strategic partnership with OpenAI to build AI infrastructure in India and offer joint market solutions. This collaboration aims to boost productivity, enhance software engineering, and position India as a global AI hub by developing AI-ready, green-energy-powered data centers.
Strong earnings: Trent, Vedanta among 10 largecaps that clocked highest profit growth of up to 125% YoY in Q3
Several Indian largecap companies showed strong financial results in the December quarter. Trent and Vedanta were among ten firms that achieved substantial profit growth, with some seeing increases up to 125 percent year-on-year. Other companies like Muthoot Finance, Siemens Energy, and TVS Motor also reported healthy profit jumps.
BGR Energy Systems closes ₹634 crore Rajasthan VAT case; pays ₹29 crore under amnesty
Shares of BGR Energy Systems Ltd ended at ₹346.65, up by ₹16.25, or 4.92%, on the BSE.