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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.
India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Power Grid shares on 4 May - Mint
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Power Grid shares on 4 MayMint
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Power Grid shares on 4 May
Despite ongoing geopolitical tensions, Nifty 50 increased by 0.4% to 23,998. Broader market indices performed well. A consolidation phase is expected, and investors are advised to buy high-quality stocks. Monitoring geopolitical volatility will be essential as earnings season progresses.
Nearly one-third of record peak demand of 256 GW met through renewable energy: Pralhad Joshi
India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India's capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy's share in the power mix.
Market Trading Guide: Buy Power Grid and Kirloskar Oil Engines on Thursday for gains up to 7%
The Nifty 50 ended higher as US–Iran talks optimism lifted sentiment, with IT, auto, banks and FMCG driving gains. Technical strength above key EMAs and improving RSI signal bullish momentum, though resistance near 24,300 may cap near-term upside.
Adani Energy commissions 1,000 MW power link in Mumbai
Adani Energy Solutions Limited has commissioned a 1,000 MW HVDC transmission link between Kudus and Aarey in Mumbai. This project, featuring the world's first compact HVDC substation, aims to enhance Mumbai's power supply reliability and integrate renewable energy sources. It was conceived following the 2020 Mumbai blackout to reduce reliance on in-city generation and strengthen grid resilience.
Stock market today: Gift Nifty, US-Iran war, India VIX to gold, silver rates; five stocks to buy or sell — 20 March 2026
Stock market today: Experts have recommended these five stocks to buy today — Safari Industries, Thomas Cook, ONGC, Power Grid Corporation, and OIL
Stocks to buy or sell: Ajit Mishra of Religare Broking suggests strategies for 3 shares
Ajit Mishra, SVP of Research at Religare Broking, shares his near-term strategy for Power Grid Corporation of India, Tata Power Company, and PG Electroplast. Mishra believes the Nifty 50 has immediate support in the range of 22,500–22,800, while 23,400–23,600 range is strong resistance.
Power Grid Share Price Live Updates: Power Grid's Stock Update: Gains and Returns
Stocks to watch: NSE, Power Grid, Torrent Power among 10 shares in focus on Tuesday
Stock market today: On Monday, the Sensex plunged 1,352.74 points, or 1.71%, to close at 77,566.16, while the Nifty 50 declined 422.40 points, or 1.73%, to settle at 24,028.05.
Powergrid greenlights ₹5,000 crore loan, approves ₹234 core substation security project
Shares of Power Grid Corporation of India Ltd ended at ₹295.25, down by ₹3.95, or 1.32%, on the BSE.