Shares of NTPC Green Energy Ltd (NGEL) could see attention after signing an MoU with Japan’s ENEOS to explore green methanol and hydrogen derivative supplies. The agreement, part of NGEL’s Green Hydrogen Hub at Pudimadaka, aims to boost India’s clean energy exports and decarbonisation efforts. NGEL closed 1.5% higher on Friday, trading below most key moving averages amid a neutral RSI.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.