The PSU has sought that each bank/financial institution shall place an unconditional and irrevocable commitment mentioning the rate of interest (in two decimals) and the quantum of loan offered.
Read more about Jain Irrigation Systems Ltd leads losers in 'A' group on Business Standard. Privi Speciality Chemicals Ltd, Adani Power Ltd, Majesco Ltd and Triveni Engineering and Industries Ltd are among the other losers in the BSE's 'A' group today, 11 June 2021.
Read more about Adani Power hits record high; soars 72% in eight days on Business Standard. Adani Power jumped 4.48% to Rs 158.70, extending its winning run to eighth consecutive trading session.
On 13 June 2021Reliance Power announced that the Board of Directors of the company will meet on 13 June 2021 to consider and approve raising of long term resources from domestic and/or global markets, inter alia, by issue of equity shares/ equity linked securities/ warrants convertible
into equity shares, by way of preferential issue and/ or qualified institutional placement and/or rights issue or any other method including determination of issue price, if any and seeking members' and other approval(s), as the Board may deem appropriate.
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Read more about Central Vista area to get 1,753 new trees, revamp to raise green cover on Business Standard. As many as 1,753 new trees will be transplanted and 2,000 tree saplings planted in the Central Vista area under the government's ambitious redevelopment plan, which will increase the overall green cover there, official sources said Sunday.They also
Read more about Nifty trades above 15,650; NSE VIX slumps to 15 mark on Business Standard. The domestic equity benchmarks continued to trade with decent gains in morning trade. The Nifty was trading above the 15,650 mark. Realty and media stocks were in demand.
Tata Power rose 2.08% to Rs 110.30 after the company said it received EPC orders worth Rs 686 crore from NTPC to set up Solar PV projects.Tata Power Solar, India's largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received Letter of Award (LoA) to build 210 MWp of Solar PV projects for NTPC. The total order value of the projects is approximately Rs 686 crore. The commissioning date for NTPC is set for November 2022.
With this addition, the order pipeline of Tata Power Solar stands at approximately 2.8 GW with an approximate value of Rs 13,000 crore, thereby cementing its position as India's leading Solar EPC player. The scope of work includes land, transmission, engineering, procurement, installation and commissioning of the solar projects. The NTPC project site is located in Gujarat.
Read more about 29 missing after Uttarakhand glacier burst tragedy declared dead on Business Standard. Nearly 29 labourers went missing when a glacier burst triggered a massive flash flood on February 7, have finally been declared 'dead'
Power stocks were trading with gains, with the S&P BSE Power index rising 21.44 points or 0.77% at 2806.94 at 09:49 IST. Among the components of the S&P BSE Power index, Adani Transmission Ltd (up 4.5%), Bharat Heavy Electricals Ltd (up 3.66%), Adani Green Energy Ltd (up 2.29%), and NHPC Ltd (up 0.2%), were the top gainers. On the other hand, Torrent Power Ltd (down 1.54%), ABB India Ltd (down 1.45%), and Adani Power Ltd (down 1.32%) moved lower.
At 09:49 IST, the S&P BSE Sensex was down 5.03 or 0.01% at 49897.61.
The Nifty 50 index was down 27.2 points or 0.18% at 15002.95.
The S&P BSE Small-Cap index was up 55.13 points or 0.24% at 22984.1.
NLC India Ltd has added 44.05% over last one month compared to 16.84% gain in S&P BSE Utilities index and 2.22% rise in the SENSEX
NLC India Ltd gained 8.15% today to trade at Rs 69. The S&P BSE Utilities index is up 1.54% to quote at 2412.15. The index is up 16.84 % over last one month. Among the other constituents of the index, Jaiprakash Power Ventures Ltd increased 7.76% and Reliance Power Ltd added 4.95% on the day. The S&P BSE Utilities index went up 69.24 % over last one year compared to the 56.03% surge in benchmark SENSEX.
NLC India Ltd has added 44.05% over last one month compared to 16.84% gain in S&P BSE Utilities index and 2.22% rise in the SENSEX. On the BSE, 8.64 lakh shares were traded in the counter so far compared with average daily volumes of 4.23 lakh shares in the past one month. The stock hit a record high of Rs 70.75 on 12 May 2021. The stock hit a 52-week low of Rs 40.2 on 26 May 2020.