The projects underscore how even as India sets ambitious long-term decarbonization targets, in the near term it will continue to rely on the dirtiest fossil fuel to meet rapidly growing power demand
These 5 PSU stocks can jump as much as 25 per cent from the current levels, provided the overall market momentum stays strong
NTPC, Adani Ports, Coal India, M&M and BPCL can rise higher, indicates technical charts
BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results
Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.
Damodar Valley Corp is examining a proposal from the private firm for supplying 1 million tons to its power plants.
Hindustan Unilever and the FMCG pack will be in focus as distributors in Maharashtra plan to stop supply HUL products in phases from Jan 1, also rural demand for FMCG has been weak in Dec quarter
Energy conglomerate looking for strategic investors; plans to list subsidiary
Tata Power and Coal India are witnessing strong momentum based buying, while Indian Energy Exchange (IEX) can surge 20% in the medium-term, tech charts show
But the company will have to do a financial Houdini act meanwhile to make the markets keep faith in its long term story
The power generator's growth prospects are improving and capacity expansions provide medium-term visibility
Analysts expect this New Delhi-based company to wring more profit from soon-to-be acquired hydro-power assets, helping it lift its earnings and share price.
The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.
If NTPC develops its own coal mining capability in the next 5-7 years, Coal India risks losing 100-120 million tonne (mt) of coal supply to NTPC, according to a Coal India official
Concerns may ease in the coming months and there are multiple earnings trigger for the stock