Tata Power among 3 stock ideas for next week: Kunal Shah
The index experienced a sharp correction from higher levels, and the resistance at 19800 is acting as a significant barrier for the bulls. However, the bulls are attempting to defend the index from lower levels and prevent further downside. If the index breaks below the support level of 19550, it may indicate further correction towards the 19400 levels, suggesting continued bearish sentiment in the market.The current trading range for the index is between 19550 and 19800. A break on either side of this range will likely lead to trending moves in the market. Traders should closely monitor the index's price action and be prepared for potential trading opportunities based on the breakout direction.
Our core businesses will start picking up and contribute in profits: Praveer Sinha, Tata Power
So, what it shows is that some of the initiatives that we have taken in the last one year have started showing results and this will only get strengthened in the future quarters.
Big movers on D-Street: What should investors do with Tata Power, Shemaroo Entertainment and Landmark Cars?
The counter is currently experiencing a downward trend, residing within a supply zone located around Rs 200. The overall structural condition appears to be distorted, primarily because it is trading below its vital moving averages.
TPREL to supply 9 MW green energy to Tata Motors plant in Uttarakhand
Tata Power Renewable Energy Limited (TPREL) on Monday said it will supply 9 megawatt of green energy to Tata Motors' plant in Pantnagar as part of an agreement. A power purchase agreement (PPA) has been signed with Tata Motors Limited Pantnagar plant in Uttarakhand, Tata Power said in a statement.
Share price of Tata Power jumps as Sensex gains 254.55 points
Promoters held 46.86 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 9.76 per cent and 3.05 per cent, respectively.
Sonari airport operations powered through solar energy with commissioning of 2.0 MWp
The project commissioned on Monday has been commissioned by Tata Power under an agreement with Tata Steel for the installation of a total of 41 MW with a combination of rooftop, floating and ground-mounted solar panels across its locations. Earlier, four rooftop solar projects totalling 7.65 MWp have been commissioned at its Central Warehouse, Cold Rolling Mill, Wire Rod Mill and Hot Strip Mill.
Tata Motors plans app to help its electric vehicle users find charging stations
For customers who want to purchase electric vehicles but do not have dedicated parking spots, Tata Motors, in collaboration with Tata Power, has commenced work to set up community charging facilities in residential societies.
Nifty may take a breather, stay in 19,200-19,900: Analysts
The past 18 weeks spectacular ~19% up-move has pushed weekly and monthly stochastic oscillators into overbought conditions, indicating the possibility of extended consolidation.
Tata Motors, Tata Power collaborate for 9 MWp solar project in Uttarakhand
'With a projected reduction in carbon emissions of 25 tonnes of CO2/kWp in Uttarakhand, the solar project represents Tata Motors' commitment to a sustainable future,' the company said.
Tata Power arm to set up captive solar unit for Sanyo Steel in Maharashtra
TP Alpha Ltd, a subsidiary of Tata Power Renewable Energy, has signed a power delivery agreement with Sanyo Special Steel Manufacturing India for a 28.125 MW captive solar plant in Maharashtra. The plant is expected to produce 61.875 million units of electricity per year, meeting the energy needs of Sanyo Special Steel's manufacturing unit.
PE plus earnings growth: Kunj Bansal on where to find opportunities in market
"On 20th July, we had the peak of the market, Nifty just fell short of touching 20,000 and came back from there. In the last 20 days, we have been in a correction to a flat movement of the market. In fact, if we expand this horizon slightly longer, October 2021 is when we were at 18,500 on Nifty and today at around 19,500. That is hardly 6-7% move in more than 20 months.So that is the position. It is reflecting a consolidation that has been happening."
In bull market, can’t be too negative on any sector; pharma uptrend starting again: Rohit Srivastava
“Using our strike software, we just looked for Dow trend reversals. Dow trend essentially means stocks that are starting to make higher highs and higher lows as of today, so this would be live. When we do that, we actually end up seeing that out of the six stocks that showed up on my screen, three are pharma stocks, which included Alkem, Divis and Zydus.”
Vinit Bolinjkar finds Adani Energy Solutions a better bet among power stocks. Here’s why
"Adani Energy Solutions looks to be a better bet compared to other plays in the power space due to its spending on regulated assets, smart meter vertical, and risk-averse investment strategy. The transmission segment of the power sector has the first right to access all collections of DISCOMS, making Adani Energy Solutions beneficial for investors. Moreover, in Mumbai, they are spending heavily to retain their EBITDA margins and ROEs. "
As the world comes to India for G20 summit, here are D-Street's top P20 stocks for your portfolio
As India pushes for electric vehicles, Tata Motors, with its growing EV segment, stands out. Their global presence, especially with the Jaguar Land Rover brand, showcases India's capability in high-end manufacturing and innovation.
Hot Stocks | Here is why you should buy Latent View Analytics, Tata Power for short term
Latent View Analytics has seen robust trading volumes, leading it to surge above all its significant exponential moving averages on the daily time-frame
ESG expertise in high demand as companies focus on sustainability
Environmental responsibility is no longer a moral imperative but is foundational to the long-term growth and success of a business, and ESG expertise would be the cornerstone of driving this shift, said Binu Philip, chief human resources officer - Greater India Zone at Schneider Electric, which is hiring for diverse domains within sustainability, including research and development, digital innovation, commercial operations, and consulting.
Tata Power EV Charging Solutions on Thursday said it has tied up with car-sharing platform Zoomcar to promote electric vehicle adoption. The collaboration aims to promote Tata Power's EZ Charge points on the Zoomcar platform and will focus on supporting existing and aspiring EV owners along with Zoomcar's existing customers.
Tata Sons FY23 revenue soars 45% on dividend income, profit up 29%
Tata Sons got a dividend of Rs 33,252 crore in FY23 compared with Rs 11,499 crore in FY22. Of this, Rs 29,881 crore was from Tata Consultancy Services. TCS, in FY23, paid a dividend of 11,500% or Rs 42,090 crore to its shareholders. Tata Sons holds 72.27% of India's largest IT exporter.
Manufacturing majors bring more female engineers to male-dominated world
In 2023, JSW group has nearly tripled the number of women engineers hired through gradate engineering trainee (GET) programme year on year. It has hired more than 2,300 young GETs, of which nearly 600 are women and has set a target of 30% female GETs in the next two years. L&T inducted over 3,000 GETs in FY23 across its various businesses, of which 30% were women engineers. Tata Power has 23% women representation among engineering trainees in 2023, up from 21% in 2022.
Harshvardhan Dole on 4 stocks to go for in power sector
“The whole power story can be played in multiple ways. Either you own the traditional utilities or you end up owning these suppliers or the vendor base which initially benefit disproportionately out of the capex that the utilities are doing. Smart metering is one such way to play the whole power sector theme.”