Power stocks to buy: Power stocks: Don’t switch them off. 5 stocks from different segments of power sector with an upside potential of up to 39%
Synopsis Among sectors that have been re-rated both in terms of business and on the street is the power sector. Of course, the occasional lack of price action or an overall bearish phase may make you wonder why you are holding these stocks. Yes, some of them are expensive and may even see a price…
READ MORE
Tata Power shares pop 3% on solid Q2 Show. Should you buy, sell or hold?
Shares of Tata Power rallied 2.9% to an intraday high of Rs 439.50 on the BSE on Thursday after the company reported a net profit (before exceptional items) of Rs 1,533 crore for the September 2024 quarter, compared with Rs 1,017 crore in the same quarter last year. This represents a 51% year-on-year (YoY) increase….
READ MORE
Tata Power shares rise 2% after co proposes to invest Rs 1.2 lakh crore in Rajasthan
Shares of Tata Power rose 2% to Rs 491.2 in Tuesday’s trade after the company announced the signing of a landmark memorandum of understanding (MoU) with the Rajasthan government. The agreement was signed during the ongoing Rising Rajasthan Investor Meet in New Delhi and the proposed investment plan under it will be Rs 1.2 lakh…
READ MORE
Daily Trading Desk: Two trades for short term gains, a power stock for 5% rise & FMCG major for 7% gains
Synopsis The markets extended their gains but faced resistance at key levels, with the Nifty ending up by 104.70 points. Tata Power shows potential for a breakout from its consolidation range, while Honasa Consumer has broken out from its horizontal trendline resistance, indicating a possible 7% rise in stock price. There was a smart extension…
READ MORE