Power Stocks News
Multibagger small-cap stock: Indo Tech Transformers surges 1,200% in 2 years, over 2,400% in 4 years. Do you own?
Multibagger small-cap stock: Indo Tech Transformers has seen a remarkable stock surge of 1,220% since February 2023, reaching ₹2,435. With a four-year return of 2,410%, the company is benefiting from rising electricity demand and new orders.
2 min read4 Feb 2025Seven power stocks to track as Q3 earnings season kicks off
The power sector is set for record earnings, fueled by rising demand, favourable summer climate, and expansion of India’s transmission network.
11 min read16 Jan 2025Stock market today: 5 factors behind today’s selloff as Sensex, Nifty crash over 1%
The Nifty 50 continued its downward trend for the fourth consecutive trading session, closing 1.07% lower at 23,883 points. Similarly, the Sensex ended the day in the red, shedding 1.03% to finish at 78,675 points, marking its fourth straight session of losses.
4 min read12 Nov 2024Stock Check: Up 313% in 1 year, should you buy multibagger smallcap stock GMR Power?
GMR Power and Urban Infra’s stock surged over 313% in a year and nearly 190% in 2024, hitting a record high of ₹163.70. Analysts see continued positive momentum, with key support around ₹148 and targets up to ₹180-195.
3 min read26 Sep 2024Power Grid Corp shares jump 4.5% to hit new record high, gaining 10% over 4 days: What’s powering the surge?
Domestic brokerage firm Motilal Oswal has recently initiated coverage on the stock with a ‘buy’ rating, setting a target price of ₹425 apiece. Over the last four years, the stock has skyrocketed from ₹91.40 to the current trading price of ₹359, reflecting an impressive 293 percent increase.
2 min read25 Sep 2024Torrent Power stock climbs over 5% after winning 1,500 MW pumped hydro storage project
Torrent Power’s share price rose 5.2% following a major contract win for a pumped hydro storage project. The company aims to invest ₹25,000 to ₹35,000 crore in pumped storage, alongside commitments for renewable energy and green ammonia production.
2 min read18 Sep 2024Reliance Power share price surges 5%. Here’s why
Stocks in focus: Reliance Power has successfully settled a substantial debt owed by its former subsidiary, Vidarbha Industries Power Limited (VIPL).
1 min read18 Sep 2024India’s power sector has huge potential. Here are four stocks to consider.
India’s power industry is poised to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, and plans to expand these to other neighbouring nations.But this growth potential comes with significant challenges, so tread carefully.
4 min read30 Jul 2024Are railway, power, and defence PSU stocks still attractive after Budget 2024?
Experts foresee positive outlook for power PSU stocks due to capacity expansion, policy support, infrastructure development, and strong financial performance. Government’s emphasis on renewable energy projects and improving DISCOMs’ financial health are seen as key drivers for power PSUs.
4 min read25 Jul 2024The next big power play on Wall Street
Hedge funds are fighting to win top traders of electricity and natural gas. But some question whether the outsize profits of recent years can be repeated.
5 min read7 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared