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.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of