Renewable energy stocks bucked the trend of the broader market fall, as investors rotated into companies linked to solar and wind power. Rising crude oil prices and geopolitical tensions in the Middle East strengthened investor interest in alternative energy plays.
Stocks to Watch, 10 March: Stocks like Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, Vishal Mega Mart, Minda Corporation, Solex Energy, and Hinduja Global Solutions will be in focus on March 10.
Karnataka tariff swings reveal deeper power sector problems. Discom losses remain high and rankings fall. Stable market pricing and private participation can improve efficiency and restore financial health
Stocks to Watch, 9 March: Stocks like Kwality Walls India, SML Mahindra, Max Estates, Meesho, Kotak Mahindra Bank, R Systems International, Yes Bank, Dr Reddy's Laboratories, Tata Power Company, RITES, UltraTech Cement, and IRB Infrastructure Developers will be in focus on March 9.
Stocks to Watch, 4 March: Stocks like Hindustan Aeronautics, Dabur India, JSW Cement, Affle 3i, Lupin, HDB Financial Services, Mahindra and Mahindra, Greenlam Indusries, Reva Diamonds, Greenply Industries, Cipla, Capri Global Capital, Tata Motors, and Shalby will be in focus on March 4./
After two years of talks, Murugappa family settlement sees Subbiah exit Cholamandalam and align ownership with Tube Investments and CG Power.
The mild recovery in solar stocks today follows clearer interpretation of the US Commerce Department’s decision to impose preliminary countervailing duties of about 126 percent. Brokerages played down the earnings impact and reiterated largely positive views on frontline names such as Waaree Energies and Premier Energies.
Around 40 GW of renewable energy capacity is stuck due to lack of power purchase agreements or absence of adequate transmission infrastructure to evacuate power
Waaree Energies clarified that the US countervailing duties apply only to India-made solar cells, not to panels assembled in India using imported cells. However, despite the pullback from session lows, frontline stocks such as Waaree Energies and Premier Energies still ended with sharp cuts of 5-10 percent.
The sharp selling in Indian solar stocks followed a decision by the US Commerce Department to levy preliminary countervailing duties of about 126 percent on solar cell and panel imports from India.Waaree Energies and Premier Energies shares fell up to 15 percent in morning trade.
Stocks to Watch, 25 February: Stocks like Schaeffler India, Elantas Beck India ,HG Infra Engineering ,Indian Railway Finance Corporation, Aditya Infotech, Rail Vikas Nigam, Waaree Energies, Lupin, Hexaware Technologies, and Dr Reddy's Laboratories will be in focus on February 25.
As part of the financing, Jindal Power Ltd. has already signed an eight-year loan for about $500 million with lenders including India’s Axis Bank Ltd. and ICICI Bank Ltd
The share of open access in solar and wind power installations increased significantly
Stocks to Watch, 24 Feb: Stocks like Housing & Urban Development Corporation, Piramal Pharma, Tata Technologies, Torrent Power, Bharti Airtel, Pace Digitek, Signpost India, Patel Engineering Company, Silver Touch Technologies, Chalet Hotels, Bharat Petroleum Corporation, Suraj Estate Developers,and One Mobikwik Systems will be in focus on February 24.