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Aegis Logistics Ltd soars 1.82%, up for fifth straight session
Aegis Logistics Ltd is quoting at Rs 713.25, up 1.82% on the day as on 12:44 IST on the NSE. The stock is down 20% in last one year as compared to a 4.88% spurt in NIFTY and a 12.23% spurt in the Nifty Energy.
India prepares to send oil tankers through Hormuz for new supply
India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval from the Indian Navy and cargo orders from refiners.
India prepares to send oil tankers through Strait of Hormuz for new supply
India plans to resume shipping energy cargoes through the Strait of Hormuz, with Shipping Corp. of India ready, as Navy escorts increase amid Iran conflict and energy price strain
Stocks to Watch for May 20: BPCL, Mankind Pharma, Orkla India, PI Industries and more
BPCL profit slumps on exceptional loss, while Orkla India, Godawari Power and Karnataka Bank report strong earnings growth. PTC India’s profit declines sharply, and JSW Energy moves to raise its stake in Toshiba JSW. Here are the stocks to watch ahead of Wednesday’s trading session.
JSW Energy to raise stake in Toshiba power equipment venture with ₹150 crore deal
JSW Energy to raise stake in Toshiba JSW Power Systems to 20.7% via ₹150 crore share purchase from Toshiba, boosting turbine access and thermal expansion plans
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear case
JP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle East conflict. The brokerage warned that the Nifty50 could slip to 20,500 in a bear case, even as it maintains a 27,000 base-case target amid fragile macro signals.
Advait Energy Transitions signs MoU with TECO Fuel Cell Technology AS, Norway
The MoU aligns with the Government of India's Atmanirbhar Bharat initiative and the National Green Hydrogen Mission and is aimed at enabling domestic manufacturing capability through knowledge transfer and joint engineering in hydrogen fuel cell technology.
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explains
JSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jefferies says the move will lower leverage, support capex plans and improve execution visibility, prompting a target price upgrade to Rs 675.
Adani stocks gain as US drops charges in New York case; Adani Green up 4%
Adani Green Energy shares climbed 3.5 per cent to ₹1,407, while Adani Total Gas advanced 2.65 per cent.
Motilal Oswal sector of the week: Power; Acme Solar, JSW Energy top bets
While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook
Top stocks to buy today: Anand James of Geojit bets on theses 3 shares
Anand James, chief market strategist at Geojit Investments, is bullish on the shares of BEL, ELGI Equipments, and JSW Energy today
Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.