PSU stocks crash up to 47% from peak. Is the reign of rail & defence over?PSU stocks have seen significant declines, with some dropping over 40% from their 52-week highs due to expensive valuations and government ...
Govt grants Navratana status to power PSUs NHPC, SJVNThe government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition ...
Railways stocks tank up to 33% in 2 days following narrow BJP-led NDA's election winIn today's trade, railway stocks fell by up to 17%. Titagarh Rail shares tumbled 33%, while Ircon declined by over 26%. Meanwhile, RailTel ...
Power stocks surge amid policy push to drive demand for energyAnalysts believe the favourable government policies for the sector, continued peak power deficits and the country's shift towards clean ene...
Hartek Solar named among top 3 rooftop solar installers in IndiaHartek Solar has been named among the top three rooftop solar installers in India by MERCOM in CY 2022 for the first time, with rooftop ins...
5 high dividend yield stocks to add to your watchlistWith Indian share markets already facing high volatility this year, investors are heavily relying on dividend paying stocks to generate ret...
SJVN's power generation in January-March hits all-time high of 887 MUAccording to CMD Nand Lal Sharma, SJVN has surpassed its previous best output of 836 MU recorded in FY20 for Q4 and monthly generation of 3...
SJVN capex likely to touch Rs 5,500 crore in 2021-22SJVN CMD Nand Lal Sharma in a statement said, "By registering over 100 per cent capex utilisation in 11 months of current financial year, S...
SJVN achieves record 90 per cent capex target in Apr-DecSJVN's 1,320-MW Buxar Thermal Power Project in Bihar, 900-MW Arun-3 Hydro Power Project in Nepal, 210-MW Luhri Hydro Power Project and 66-M...
Power CPSEs Capex rises 47% to Rs 40,000 cr in April-December"CPSEs under Ministry of Power have incurred capital expenditure (Capex) of Rs 40,395.34 crore till the month of December during FY 2021-22...
Stocks in the news: RIL, Dixon Tech, ICICI Bank, Tata Steel, Coal India and SiemensRIL board decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary.
Power Minister asks SJVN Ltd to give priority to domestic productsAccording to the statement, the minister directed SJVN Ltd to prioritise leveraging domestically manufactured products in all its generatio...
NTPC stock could gain from dividend yield, earnings liftAnalysts expect a 19 per cent earnings growth in the current fiscal, despite a weak first quarter.
L&T Bags Rs 7,000 crore order for power projectWith this order, L&T’s power generation projects business has an order book of Rs 18,000 crore, he said.
Here is why public sector companies are now darlings of the StreetThe BSE PSU Index has given a return of 23.5 per cent in the past year against the 9 per cent return of the benchmark Sensex and 11.3 per c...
Enough funds for capex, no plans to divest equity: SJVNSJVN Limited, a Mini Ratna CPSU under the Ministry of Power, is a joint venture between the central government and the Himachal Pradesh gov...
BHEL, BPCL, CIL among 20 PSUs which can cut fiscal deficit by Rs 20,000 crore: CRISILCrisil's analysis shows that these companies are comfortably placed to pay special dividends of Rs 27K cr, without impacting capex plans.