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IRM Energy: Why this AI-Picked Indian Small-Cap is surging in April? - Investing.com India

IRM Energy: Why this AI-Picked Indian Small-Cap is surging in April?Investing.com India

INR falls near record low levels hurt by elevated oil prices

The Indian rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar on Wednesday, pressured by rising crude oil prices, hovering well above $100 per barrel, and continued foreign capital outflows. Brent crude prices climbed toward $115 a barrel today, hitting a four-year high on mounting uncertainty around global supply amid the prolonged closure of the Strait of Hormuz. Elevated crude oil price is likely to sharply impact India's import costs, while the ongoing West Asia crisis and concerns over potential wider conflict are fuelling investor anxiety. Meanwhile, Indian shares rose notably on Wednesday despite mixed cues from global markets and growing anxiety over surging energy prices, capping downside in the counter. Sensex settled 609.45 points (0.79%) higher at 77,496.36 while Nifty 50 advanced 181.95 points (0.76%) to close at 24,177.65. Investors are also awaiting cues from the upcoming US Federal Reserve policy decision as dollar ..

Rupee falls 0.3% to record closing low of 94.8450 amid oil price surge

The currency has drifted back toward record lows as the impact of central banks' rupee supportive measures faded, with concerns over India's exposure to higher energy prices weighing on sentiment

Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150?

Crude oil prices surged to near $115 per barrel, the highest since June 2022, driven by escalating Iran conflict tensions and supply risks. Analysts warn that prolonged disruptions and stalled negotiations could push prices towards $150, with the Strait of Hormuz remaining a key flashpoint for global energy markets.

Induction cooktop: EPACK Durable expands into infrared cooktops as gas squeeze shifts demand

EPACK Durable Limited has launched infrared cooktops, expanding its electric cooking range. This move supports a national trend towards electric cooking, driven by global energy market disruptions. The company's expansion diversifies its product offerings beyond seasonal air conditioners. This strategy aims to enhance revenue streams and improve long-term profit margins.

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.

'100 bn dollar investment': Sagar Adani stresses energy resilience strategy amid West Asia crisis

UAE exit from OPEC could be net positive for India: Sagar Adani

Sagar Adani sees a UAE move away from OPEC as beneficial for India. He stressed energy's importance for economic strength. India needs to greatly increase its energy capacity. A mix of energy sources is crucial for stable power. Electrification and reduced energy imports will boost India's economy.

Vodafone Idea, Eternal, JP Power, Bandhan Bank, Suzlon among the most traded stocks today, 29 April 2026

Vodafone Idea, Eternal, Jaiprakash Power Ventures (JP Power), Bandhan Bank, Suzlon Energy, and YES Bank were the most active stocks, or most traded stocks in terms of volume, on the NSE.

Impact of UAE exit from OPEC on India still uncertain, country should focus on energy resilience, says Sagar Adani

As India faces the ripple effects of the UAE's departure from OPEC, it is imperative to prioritize energy resilience. While this shift may stir market unpredictability, India's flourishing relationship with the UAE is a beacon of optimism. Our country is effectively navigating global energy hurdles, with a vision focused on durable solutions to ensure resilience.

Adani Energy Solutions surges 63% in 3 months fueled by seasonality, outlook. But why brokerages are cautious?

With the onset of summer, shares of Adani Energy Solutions have attracted strong investor interest, rallying over 63% in just three months. This makes it the second-best performer within the Adani Group, trailing only its power sector peer, Adani Power, which has delivered slightly higher returns of around 67% over the same period.

Vijay Kedia-backed Websol Energy shares jump 45% in six days. What's driving the rally?

Websol Energy System shares surged 5% to the upper circuit for the third day, marking a 45% rally in six days. Strong quarterly earnings, with net profit soaring 158% and revenue up 132%, coupled with ace investor Vijay Kedia's fresh purchases, have significantly boosted investor confidence and the stock's performance.