Rs 15,000 crore capex plan; This LIC-backed power company announces capacity increase to meet rising energy demand, also plans to start battery storage manufacturing to enter the electric market
Rs 15,000 crore capex plan; This LIC-backed power company announces capacity increase to meet rising energy demand, also plans to start battery storage manufacturing to enter the electric market

Rs 15,000 crore capex plan; This LIC-backed power company announces capacity increase to meet rising energy demand, also plans to start battery storage manufacturing to enter the electric market

The company aims to increase its capacity to 20 gigawatts (GW) by FY30 from the current 7.2 GW, with a planned capital expenditure of Rs 15,000 crore for the current financial year.

Rakesh Deshmukh Article rating: 4.3

The company is also planning to start battery storage manufacturing to enter the electric vehicle market. In March, it secured a deal with Solar Energy Corporation of India for a battery energy storage project.

LIC-backed multibagger power stock & FIIs increase stake: Company receives letter of award for 700-MW ISTS-connected solar capacity from SJVN Ltd
LIC-backed multibagger power stock & FIIs increase stake: Company receives letter of award for 700-MW ISTS-connected solar capacity from SJVN Ltd

LIC-backed multibagger power stock & FIIs increase stake: Company receives letter of award for 700-MW ISTS-connected solar capacity from SJVN Ltd

The stock gave multibagger returns of 155 per cent in just 1 year whereas BSE Sensex Index is up by 23.3 per cent.

Kiran Shroff Article rating: 4.0

The shares of the company saw a spurt in volume by more than 1.75 times on BSE. 

JSW Energy MD and CEO steps down; what's next?!
JSW Energy MD and CEO steps down; what's next?!

JSW Energy MD and CEO steps down; what's next?!

Change in the company's leadership and the retirement of Mr. Prashant Jain from the position of Joint Managing Director & CEO and as a Key Managerial Person.

Prajwal Wakhare Article rating: 5.0

 

JSW Energy has announced a major leadership change, with the retirement of Mr. Prashant Jain, the Joint Managing Director & CEO. Mr. Jain's retirement after 28 years of service has been marked by significant growth and transformation within the company.

Impressive FY23 growth of this energy company; Should you invest?
Impressive FY23 growth of this energy company; Should you invest?

Impressive FY23 growth of this energy company; Should you invest?

Company's assets have increased by 44 percent, and there has been a growth of 72 percent in the value of its assets.

Kamal Mansuriya Article rating: 4.0

Company's assets have increased by 44 percent, and there has been a growth of 72 percent in the value of its assets.

Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!
Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Interestingly, India VIX (which gauges market volatility) has drifted below the level of 16

Karan Dsij Article rating: 4.2

Talking about the sectoral indices, the majority of the sectors ended in red with Nifty Metal and Pharma losing over a per cent each. On the other hand, Nifty Auto and Energy jumped 1.63 per cent & 1.39 per cent, respectively.   

Power stocks: A silent, no-fuss compounder with ten stocks turning multibaggers in just 18 months!
Power stocks: A silent, no-fuss compounder with ten stocks turning multibaggers in just 18 months!

Power stocks: A silent, no-fuss compounder with ten stocks turning multibaggers in just 18 months!

Power stocks are expected to report good earnings growth, owing to higher-than-expected power demand in Q1FY23 along with the overall improved merchant realisations

Karan Dsij Article rating: 4.1

Last year, nothing could have been worse than the leading countries facing a power crunch. The extent of this power crisis was so grave that it forced China to implement rolling blackouts for energy-intensive industries.  

Overnight Digest: Stocks to be watched on February 11
Overnight Digest: Stocks to be watched on February 11

Overnight Digest: Stocks to be watched on February 11

ONGC, Tata Steel, Infosys, SBI Life Insurance and HDFC Bank were the top Nifty gainers, while losers were Maruti Suzuki, BPCL, Shree Cements, IOC and UltraTech Cement.

Shreya Chaware Article rating: 4.9

On Thursday, the domestic market displayed upward momentum on the back of strong global cues and positive RBI policy.

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