BHEL stocks rally over 12% and Adani Power stocks gain over 7% in early trade on Thursday.
BHEL, Adani Power Stocks Live Update 06 June 2024: BHEL secures contract from Adani Power; stocks rally
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Target: ₹385 CMP: ₹310.95 NTPC is India’s largest power utility, with a 17 per cent share in the country’s installed power capacity having 76GW operational capacity and contributing 24 per cent (422BU) to India’s total electricity generation in FY24. Thermal power capacity is set to grow by 25GW by FY32F, which includes 11GW of capacity […]
Movers & Shakers: Stocks That Will See Action This Week
CG Power and Industrial Solutions (₹688.45) Eyeing a breakout The stock of CG Power and Industrial Solutions, currently trading at ₹688, faces a resistance at ₹705. While the scrip has been struggling to break out of this hurdle over the last month, we expect it to surpass this level soon. Supporting this, the price action shows […]
Investors have to watch out for one more risk now — ED/IT raid!
Nowadays, Central Government agencies such as the Income-tax department and the Enforcement Directorate (ED) are creating ripples in financial markets, with a host of companies coming under their radar. Some developments that have created shockwaves include raids/ searches on Polycab India, One97 Communications (Paytm), India Cements and Sobha. Often, such adverse news sends the stock […]