Adani Energy Solutions Limited (AESL) shares showed positive movement on September 20, driven by analyst forecasts from Cantor Fitzgerald, who see the potential for a significant upside of up to 125% in the stock. AESL shares rose 3.66%, reaching an intraday high of ₹1,014.90 on the NSE. This rebound followed […]
ITD Cementation’s share price surged over 14% on Friday. The Adani Group is reportedly in talks to acquire the promoter’s 46.64% stake. The deal could be worth Rs 5,888.57 crore. The acquisition is aimed at bolstering the Adani Group’s civil engineering capabilities. The market is likely reacting positively to the […]
Suzlon has secured India’s largest wind energy order, a 1,166 MW project from NTPC Green Energy Ltd (NGEL), marking a major milestone in the country’s renewable energy sector. This project will see the installation of 370 wind turbine generators (WTGs) with a rated capacity of 3.15 MW each. The turbines […]
NTPC Green Energy, the renewable energy subsidiary of NTPC Limited, has filed draft papers with SEBI to raise approximately ₹10,000 crore through an IPO. The offering will consist entirely of fresh equity shares with no offer-for-sale component. NTPC Green Energy plans to use ₹7,500 crore of the proceeds to repay […]
Bajaj Housing Finance shares have continued to rise, extending their gains for the third consecutive trading session. This positive trend suggests that investors remain optimistic about the company’s future prospects. Continued gains: Bajaj Housing Finance shares have risen by over 3% in early trade on Wednesday, September 18. Market valuation: […]
Paytm’s impressive share price rally of over 8% and a staggering 120% increase in just four months is a significant development. This surge likely reflects a combination of factors, including: Improved Financial Performance: Paytm may have reported better-than-expected financial results, indicating strong growth in its core business areas like digital […]
The ₹780 Crore Order: A Catalyst for Growth The recent order of ₹780 crore is likely to provide a significant boost to H.G. Infra Engineering’s business. Such large-scale projects can: Increase Revenue: The order will directly contribute to the company’s top line. Enhance Market Position: Securing such projects can strengthen […]
Strong fundamentals: Marico is a well-managed company with a strong balance sheet and a growing business. Investors may believe that the company is well-positioned to weather the current market turmoil. Positive outlook: Marico may have recently announced positive news, such as a new product launch or a strong earnings report. […]
Bonus Issue: VST Industries has announced a bonus issue of 10 shares for every 1 share held by shareholders on the record date (September 6, 2024). This is the first time the company has issued bonus shares. Impact: The bonus issue is likely to have led to a surge in […]
The news that Brigade Enterprises has successfully raised Rs 1,500 crore through a Qualified Institutional Placement (QIP) is positive for the company. The participation of prominent investors like ICICI Prudential, Goldman Sachs, Nippon, Kotak, and Axis indicates strong confidence in the company’s future prospects and growth potential. Here are some […]