Tata Power on Wednesday posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21. It had clocked a net profit of Rs 474.70 crore in the year-ago period, the company said in a BSE filing. Total income rose to Rs 10,222.48 crore in the quarter […]
BHEL Hits 21-Month High on Heavy Volumes; Stock Zooms 59% in 8 Days
Till 03:05 pm, a combined 513 million equity shares, representing 15 per cent of total equity of BHEL, had changed hands on the NSE and BSE Shares of Bharat Heavy Electricals Limited (BHEL) surged 14 per cent to Rs 75.15, hitting a 21-month high on the BSE in an otherwise weak market on Tuesday, on […]
Tata Power reports outstanding borrowing of Rs 16,504.4 crore
The company said that “outstanding borrowing of the company as on March 31, 2021, (original maturity more than 1 year)” was Rs 16,504.41 crore. New Delhi: Tata Power on Thursday said its total outstanding borrowing stood at Rs 16,504.41 crore at the end of March 31. The company made the disclosure in a filing to […]
KPI Global Infrastructure increases order of Solar Power Plant to 2000 KW under CPP category
KPI Global Infrastructure increases order of Solar Power Plant to 2000 KW under Captive Power Producer category. KPI Global Infrastructure Limited has informed that the Company had earlier bagged an order of 950 KW capacity from Sailaxmi Tex, Surat, under ‘Captive Power Producer (CPP)’ category. Now further the Company has announced that the same order […]
Bajaj Auto, Pierer Mobility to strengthen e-mobility cooperation
New Delhi: Bajaj Auto and Europe”s Pierer Mobility AG are strengthening their strategic cooperation in the development of electric products in the two-wheeler sector. In a regulatory filing Bajaj Auto said that the company is strengthening its strategic cooperation with Europe”s leading manufacturer of powered two-wheeler vehicles Pierer Mobility AG, for the development of electric […]
Carbon management company EKI Energy to raise ₹18 crore via IPO
Indore, Madhya Pradesh based carbon footprint management company EKI Energy Services intends to raise a little over ₹18 crore through its IPO, which opens on Wednesday. EKI Energy, which operates under the brand name ‘Enking International’, helps its clients achieve carbon footprint neutrality, cut down greenhouse gas emissions, trade in carbon offsets, conduct electrical safety […]
Transformers and Rectifiers bags Rs 108 cr order from PGCIL
With this order, the company said, its order book as on date stands at around Rs 1,123 crore. New Delhi: Transformers and Rectifiers (India) on Monday said it has bagged an order worth Rs 108 crore from Power Grid Corporation of India. In a regulatory filing the company said the Rs 108 crore order is […]
Petition for grant of registration to establish and operate a Power Exchange
CERC proposes to grant registration to Pranurja Solutions to establish and operate a power exchange Petition for grant of registration to establish and operate a Power Exchange Petition under Regulation 16 of the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 as amended, for grant of registration to establish and operate a Power Exchange in […]
Power Grid third quarter net profit up 26 per cent at Rs 3,368 crore
Total income rose to Rs 10,359.48 crore in the quarter from Rs 9,541.13 crore in the same period a year ago. New Delhi: Power Grid Corporation on Thursday posted 26 per cent rise in consolidated net profit at Rs 3,367.71 crore for December quarter 2020-21 mainly on the back of higher revenues. The net profit […]
Borosil Renewables hits new high; stock zooms 113% in 11 days
The company’s shares were locked in 10 per cent upper circuit limit on the BSE Shares of Borosil Renewables continued their upward movement in Tuesday’s session and were locked in 10 per cent upper limit at Rs 279.95 on the BSE. The stock of the solar glass manufacturer was trading at its fresh lifetime high […]