RailTel, SJVN, NHPC shares surge 5% after Navratna upgrade
The market surge reflects renewed investor interest after these state-owned enterprises received the Navratna classification.
The market surge reflects renewed investor interest after these state-owned enterprises received the Navratna classification.
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
PM Narendra Modi on Feb 16 laid the foundation stone for a 300 MW solar power plant in Bikaner, with a total investment of over ₹1,732 crore.
The board of NHPC has approved an interim dividend of ₹1.40 per share on the face value of ₹10 each for FY24.
The government will sell over 25 crore shares in NHPC (with a green shoe option to sell 10 crore more) to raise around ₹2,300 crore.
Power sector heavyweights such as NTPC, Power Grid, Coal India, Tata Power, and NHPC are expected to report double digit growth in profits in Q2 FY23.
The Sensex and Nifty are set to open higher on August F&O expiry day, tracking firm cues from global equities and positive trends on SGX Nifty Futures.
The Sensex and Nifty are poised for a negative opening on Friday, following mixed cues from global peers and weak trends across SGX Nifty Futures.
Analysts at ICICI Securities expect Coal India to report 58% YoY rise in profit after tax at ₹5,000 crore in the April-June quarter of 2022
The BSE Sensex and the NSE Nifty are set to open sharply higher on Friday after record selling in the previous session amid Russia-Ukraine conflict.