NTPC board approves ₹20,832 cr for two thermal projects; here’s how stock reacts
The board has approved ₹9,790.87 cr for Sipat Super Thermal Power Project and ₹11,130.98 cr for Darlipali Super Thermal Plant.
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Gujarat Gas shares jump 14% on merger plan; extend rally for 4th session
Gujarat State Petroleum Corporation, GSPC Energy, and Gujarat State Petronet will be merged into Gujarat Gas. The gas transmission biz will be listed as a separate entity.
IREDA shares jump 7% on plans to raise ₹4,500 cr
The fundraising is part of IREDA’s plan to raise ₹24,200 crore in FY24-25; it garnered ₹1,500 crore via bonds in June this year.
ONGC shares snap 2-session losses; jump 4% post Q1
The share price of the oil and gas major has fallen nearly 10% in the past two sessions.
IREDA shares jump 9% to hit fresh record high post Q1
The multibagger renewable stock has risen nearly 29% in four sessions, while it rallied 63% in just 11 sessions of July.
From ₹190 to ₹304: This PSU stock surges 60% in July; hits all-time high ahead of Q1
The largecap stock, which debuted in November last year, has risen more than 850% against the initial public offering (IPO) price of ₹32 apiece.
From ₹872 to ₹1,161: This PSU stock surges 33% in 6 sessions; did you miss the rally?
The midcap stock has zoomed 395% in less than a year, rebounding from its 52-week low of ₹234.53 touched on May 25, 2023.
PNB Housing Finance shares rally 14% on rating upgrades; Morgan Stanley pegs 54% upside
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
IREDA to raise ₹24,200 cr from debt market in FY25; stock up 3%
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
IREDA shares fall 4% after NSE revokes inclusion in key indices
The NSE has revoked the inclusion of IREDA in key indices due to its non-compliance with SEBI portfolio concentration norms.
