Despite government initiatives, NTPC declines 15 per cent in September Despite government initiatives, NTPC declines 15 per cent in September Pratik Shastri / Monday, October 5, 2020 0 1056 Article rating: 3.8 Further, on operational efficiency, the risk of coal availability and uncertainty price trend is considered as major challenges for NTPC to maintain its cost competitiveness. Read more
SJVN sets target of 5,000 MW by 2023; signs MoU to extend support SJVN sets target of 5,000 MW by 2023; signs MoU to extend support Pratik Shastri / Monday, October 5, 2020 0 3565 Article rating: 3.6 Due to the large Capex plans and positive demand forecast, the company is confident of achieving the installed capacity of 5,000 MW by 2023, 12,000 MW by 2030, and 25,000 MW by the year 2040. Read more
PSUs aim high revenue targets & volume generation PSUs aim high revenue targets & volume generation Pratik Shastri / Thursday, October 1, 2020 0 1126 Article rating: 3.6 Power Grid and Power Finance Corporation (PFC) also signed various MoUs during the past one month. PFC has reportedly been assigned an ambitious revenue target of Rs 36,000 crore. Read more
Manali Petrochemicals jumps 9 per cent on finalising plans to triple annual production capacity for Propylene Glycol Manali Petrochemicals jumps 9 per cent on finalising plans to triple annual production capacity for Propylene Glycol Pratik Shastri / Wednesday, September 23, 2020 0 3662 Article rating: 3.0 The primary focus of the project will be to supply to two sectors – pharmaceutical and food. The growth in demand expected in the future in these two sectors will help MPL meet its sales target post the expansion. Read more
GMM Pfaudler announces offer for sale at Rs 3,500; shares hit lower circuit, plunge 10 per cent GMM Pfaudler announces offer for sale at Rs 3,500; shares hit lower circuit, plunge 10 per cent Pratik Shastri / Tuesday, September 22, 2020 0 2566 Article rating: 2.9 Now, what is so worrisome to investors in GMM? The major concern is the size of the stake available to sell. As per the press release by the company, the equity shares representing 17.59 per cent are being offered in the prevailing OFS. Read more