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BIZARRE: Power grid - What They Never Told You

CAS wild swing: Sensex soars 1,000 points on expiry day but ends only 138 points higher

In a surprising turnaround, India's stock market indices, Sensex and Nifty, erased intraday losses to close positively on Thursday. Ending a three-day decline, the benchmarks saw Power Grid and Axis Bank surge by nearly two percent, contributing to the upward momentum. Additionally, significant names like UltraTech Cement and NTPC also…

The Economic Times

GE Vernova shares surge 8% as firm declared lowest bidder for Power Grid project; Nomura raises target price

GE Vernova T&D India shares rose after the company emerged as the lowest bidder for a 6,000 MW HVDC project from Power Grid. Nomura raised its target price to Rs 6,000, while Emkay retained its Buy rating with a Rs 5,300 target price. Both brokerages highlighted strong prospects in the…

The Economic Times

Power Grid shares gain 1.5% after firm wins Rs 3,244 crore inter-state transmission system project. Should you buy?

Shares of Power Grid experienced an uptick after the company secured an important transmission project aimed at facilitating power evacuation from Rajasthan. This endeavor will incorporate the establishment of HVDC terminals and a long-distance transmission line. Power Grid's successful bid for this vital project reflects its strategic growth, amidst varying…

The Economic Times

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Dividend alert: Jio Financial, Power Grid, HPCL among 90 stocks turning ex-dividend this week

Nearly 90 companies, including Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics, will turn ex-dividend between August 10 and August 14. Investors holding these shares in their demat accounts on the respective record dates will be eligible to receive the announced corporate dividend payouts.

The Economic Times

Market wrap: Trent, Axis Bank among top gainers and losers on Nifty and Sensex today

Indian equities ended lower as escalating Iran-US tensions and surging crude prices dampened investor sentiment despite easing volatility. Banking stocks dragged benchmarks, while analysts expect geopolitical risks, inflation concerns and Q1 earnings momentum to shape market direction, with Nifty support at 24,100 and resistance near 24,400.

The Economic Times

Sensex closes 109 points higher, Nifty above 24,050; IndiGo, M&M among top gainers

Indian stock markets closed with modest gains on Sensex monthly expiry day, as both indices erased significant intraday advances. Sensex added 109 points to 77,100.47, and Nifty 50 climbed 34 points to 24,056. Strong performances from IndiGo, M&M, and Maruti Suzuki bolstered the gains, while Power Grid shares saw notable…

The Economic Times

Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 others

As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as…

The Economic Times

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Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?

Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by transmission expansion and smart metering. The brokerage expects AESL’s earnings growth to outpace Power Grid and believes improving valuations and execution momentum could support a potential re-rating.

The Economic Times

Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels

Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were…

The Economic Times

Peak Performance Freelight Polartec Power Grid Crew review: a lightweight mid-layer for active pursuits

The Freelight Polartec Power Grid Crew is an ultralight mid-layer with a relaxed fit and an impressive warmth-to-weight ratio

Advnture

LIC sells over 2% stake in Power Grid for Rs 3,079 crore in 5 months

NEW DELHI: LIC has sold over 2 per cent of its holding in Power Grid Corporation over the past five months for Rs 3,079.43 crore, the insurer said on Wednesday.

The Times of India

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