Synopsis: Oil and Natural Gas Corporation, Reliance Industries, NTPC, Muthoot Finance, and other stocks that are currently in the oversold zone with RSI below 30, signaling potential upside opportunities. The Relative Strength Index (RSI) is a technical indicator used...
Synopsis: India’s rising electricity demand, driven by electrification, air-conditioning growth, and expanding data centres, is creating a strong outlook for utilities. Citi is bullish on NTPC Limited, Tata Power Limited, Power Grid Corporation of India Limited, and...
In the stock market, investors are focusing on high-growth opportunities amid economic recovery and sector-specific booms. This carefully curated list features six promising stocks with potential upside of up to 92 percent, supported by solid fundamentals, positive...
A golden crossover is a popular technical indicator in stock trading that suggests a possible bullish trend. It occurs when a short-term moving average moves above a long-term moving average, signaling growing momentum and a higher chance of continued price growth....
India’s thermal power sector is set for a significant investment boost, with investments expected to reach Rs. 2.3 lakh crore ($26.71 billion) by 2027-28, nearly doubling the amount from the previous three years. This surge is attributed to the growing energy demand...
The MACD (Moving Average Convergence Divergence) is a technical analysis tool that shows the relationship between two moving averages of a stock’s price, typically the 12-day and 26-day EMAs. It consists of the MACD line, Signal line, and a histogram, helping identify...
This PSU power stock is involved in producing and supplying electricity, focusing on thermal, hydro, and nuclear power sources, in focus after signing a 300 MW power purchase agreement (PPA) with Evren to Advance Solar-Backed Renewable Development. Stock Price...
As of late 2024, India’s total electricity generation capacity has reached ~452.69 GW, with renewable energy sources contributing a substantial portion of this mix. The electricity demand is projected to accelerate at a CAGR exceeding 7 percent, driven by...
During Monday’s trading session, the shares of a leading player in India’s power sector moved up by nearly 3.2 percent to Rs. 336.85 on BSE, after commissioning a further 25 MW of Gujarat Solar PV Project. With a market cap of Rs. 3.25 lakh crores, the shares of NTPC...
Companies making substantial capital expenditure commitments signal confidence in future growth trajectories and market leadership. These strategic investments in infrastructure, technology, and capacity expansion often translate to competitive advantages and barriers...