This Maharatna PSU stock is engaged in implementing, operating, and maintaining the Inter-State Transmission System (ISTS) while also providing telecom and consultancy services, in focus after setting up new substations and transmission lines in Karnataka and Rajasthan. Stock Price Movement: With a market capitalization of Rs. 2,42,838.77 crore, the shares of Power Grid Corporation of [...]
This Maharatna stock deals in the business of engaged in mining and production of Coal and they also operate Coal washeries is in focus after the company entered into an MoU with IREL (India) for collaboration & development of critical minerals. Price Action With a market capitalization of Rs. 2,33,721.47 Crores, the shares of Coal [...]
The renewable energy sector continues to demonstrate remarkable growth and strategic expansion. Recent developments highlight the increasing focus on transmission infrastructure to support the growing clean energy landscape. A leading power finance and consulting company has taken a significant step by establishing a new subsidiary dedicated to developing critical transmission capabilities. This strategic move aims [...]
The shares of the prominent crude oil manufacturer gained up to 6 percent after the company’s net profit magnified multifold times by 223 percent on a YoY basis in Q2FY25. With a market capitalization of Rs 85,291.18 crore, the shares of Oil India Ltd were trading at Rs 523.75 per share, increasing around 5.71 percent [...]
The Oil Exploration and Production business in India is critical to satisfying the country's rising energy demands. In fiscal year 2023-24, crude oil output was roughly 27.17 million metric tons, while natural gas production was 12,135 MMSCM. The industry intends to dramatically increase exploration acreage by 2030, improving energy security and self-sufficiency. With a market [...]
According to the Ministry of Petroleum & Natural Gas, India's Oil Exploration and Production (E&P) industry is poised for significant growth, with investment opportunities projected at $100 billion by 2030. Currently, only 10% of the country's 3.4 million sq. km sedimentary basins are explored, which is expected to increase to 16% by the end of [...]
A Maharatna company involved in the production and sale of power to state power utilities has captured investor attention following board approval of an investment of Rs.20,921.85 crore in two thermal power plants. Price Variation In Friday’s trading session, NTPC (National Thermal Power Corporation) Ltd’s shares rose to an intra-day high of Rs.431.4 per share, [...]
Maharatna PSU engaged in the design, engineering, construction, testing, commissioning, and servicing of a wide range of products and services jumped upto 3 percent in the day’s trade upon receiving work orders worth Rs. 11,000 Crores from the Adani Group. Price Action With a market capitalization of Rs. 1,03,783 Crores, the shares of Bharat Heavy [...]
The shares of this Maharatna firm climbed by 4.2 percent to an intraday high of Rs 356.95 apiece from its previous close after the company announced plans to invest upto Rs 40,000 crores for an undersea connection project with Middle Eastern countries. Share price movement: With a market capitalization of Rs 3,25,195.61 crores, the shares [...]
The shares of this leading power equipment manufacturer surged over 3 percent after securing an order worth Rs.10,000 crore for the development of Damodar Valley Corporation project. Share Price Movement On Monday’s trading session, at around 9.45 am, the share price of BHEL (Bharat Heavy Electricals Ltd.) gained more than 3 percent reaching an intra-day [...]
