Where will NTPC Green be in 2030 ? Why should you subscribe to the IPO? Management answers
NTPC Green Energy Limited (NGEL) is aiming to achieve a capacity of 60 gigawatts by 2032, focusing on large-scale solar and wind projects. The company, a subsidiary of NTPC, recently launched an IPO, with NTPC remaining the majority shareholder. NGEL emphasizes solar energy due to its predictability and integration capabilities with storage solutions.
Deven Choksey on 2 themes to bet on in a volatile market
Market analyst Deven Choksey expresses strong optimism for India’s renewable energy sector, particularly solar and wind power generation. While bullish on EPC and distribution prospects, he advises caution regarding the high valuations of renewable energy companies. Choksey also favors the insurance sector, particularly LIC, citing its strong financials and distribution network.
Suzlon Energy hit 5% upper circuit on ‘Overweight’ rating and buying opportunity signal by Morgan Stanley
Suzlon Energy shares hit a 5% upper circuit after Morgan Stanley upgraded the stock, citing strong business prospects and a 5.1GW order backlog. Q2 FY25 profit surged 96%.
PG Electroplast shares soar 15% on EV and battery assembly venture
PG Electroplast share price: PG Electroplast’s stock soared 15% after its subsidiary, PG Technoplast, secured an exclusive EV manufacturing partnership with Spiro Mobility in India. This collaboration leverages PG Technoplast’s manufacturing prowess and Spiro’s expertise in EV technology, aiming to establish a significant presence in the Indian EV market.
Trump pick for energy czar could throw a large hand grenade into fuel prices: Peter McGuire
XM Australia CEO, Peter McGuire, cautions traders to brace for market volatility in the coming months, citing potential impacts of US-China trade tensions and President Trump’s energy policies. McGuire suggests Brent crude prices could drop as low as $65 if geopolitical factors remain stable, driven by Trump’s pro-fossil fuel agenda and the appointment of Chris […]
ETMarkets Smart Talk: Gold, Silver, and Equities: A Recipe for portfolio resilience, explains Vinit Bolinjkar
With the uncertainty surrounding the U.S. elections now resolved, market attention has returned to fundamentals. A recent 25-bps rate cut by the U.S. Fed provided little relief, as it was already factored into market valuations.
NTPC shares jump 3% as NTPC Green Energy’s IPO opens today
NTPC Green Energy, a subsidiary of NTPC, has initiated its IPO, aiming to raise Rs 10,000 crore. The IPO opened for subscription on November 21st and closed on November 22nd. The company has already secured Rs 3,960 crore from anchor investors, pricing the shares at Rs 108 each.
Stocks to buy or sell today: SBI, Havells among top 7 trading ideas for 19 November 2024
The Indian market is expected to trade higher on 19 November 2024, driven by positive global cues, though caution persists with the India VIX above 15. Options data suggests resistance near 24,000 and support near 23,000. Experts have recommended several stocks for short-term trading, including buys on SBI, Havells, Piramal Enterprises, and Dabur, and sells […]
Big movers on D-Street: What should investors do with Hindalco and HAL?
Here’s what Ameya Ranadive CMT CFTe, Sr Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.
Zinka Logistics IPO allotment likely today. Check status, GMP, listing date and other details
They can check the allotment status through the BSE or by visiting the registrar’s website. Here’s how you can check the status on BSE or even on the registrar’s website.