Powergrid

NTPC, PFC: 5 F&O stocks see long OI build-up; Here's how to trade in them

Build-up of long OI in general indicates that traders are expecting the price of the underlying stock or index to gain in the near-term.

Bulls ride PSE index to historic peak, half of index stocks on breakouts

Altogether 10 out of 20 stocks in Nifty PSE index are flashing breakout structures that reflect medium-term bullishness.

5 Nifty 500 stocks to accumulate if market breadth continues to improve

Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts

F&O Strategy: Nandish Shah recommends Bull Spread on PowerGrid Corp

The derivative analyst from HDFC Securities recommends to Buy PowerGrid 222.50 Call and simultaneously Sell 230 Call for the March expiry.

Pre-qualification requirements laid down by PGCIL extremely restrictive

The pre-qualification needs laid down by PGCIL is extremely restrictive as it states that the bidder must have successfully completed drone patrolling using mounted camera for visual, thermovision

PowerGrid InvIT Q3 net dips 6% to Rs 216 cr, income declines to Rs 331 cr

Powergrid Infrastructure Investment Trust on Tuesday reported a more than six per cent decline in its consolidated net profit to Rs 216.82 crore in the December 2022 quarter. The consolidated net profit was Rs 232.63 crore in the quarter ended December 31, 2021, a BSE filing showed. The total income also declined to Rs 331.06 crore in the quarter from Rs 342.18 crore a year ago. "The Board of Directors of Powergrid Unchahar Transmission Ltd the Investment Manager to Powergrid Infrastructure Investment Trust (PGInvIT), also approved declaration of distribution of Rs three per unit for the quarter ended December 31, 2022, comprising Rs 2.01 per unit as interest, Rs 0.43 per unit as a taxable dividend, Rs 0.25 per unit as an exempt dividend, Rs 0.30 per unit as repayment of SPV Debt and Rs 0.01 per unit as treasury income. "Record date for the distribution to the unitholders will be Monday, January 30, 2023, and the payment of distribution will be made on or before Wednesday, Februar

Power Grid to separate telecos, gets nod to foray into data centre biz

Power Grid Corporation of India Ltd is in the process of carving out its telecom vertical to a new fully-owned subsidiary, Powergrid Teleservices Ltd, in a bid to have a "focused approach" and to move up the value chain, senior company officials said. The move by the state-run power transmission major comes close on the heels when the telecom sector is ramping up its 5G service across the country to bring business transformation that can contribute two per cent to the national GDP. The state-owned power transmission major has also got approval from the Central Electricity Regulatory Commission (CERC) to operate data centres. "The telecom division of Powergrid will be transferred to the new subsidiary Powergrid Teleservices after receiving all regulatory approvals to provide greater impetus to the business and move up the value chain by entering into the data centre business. The process for regulatory clearance is in progress," Powergrid executive director (telecom) B Vamsi Rama Moh

LIC trims stake in large-caps: Check how Sun Pharma, Maruti look on charts

The technical outlook for Sun Pharma and Maruti remains bullish, while the trend for Bajaj Auto is looking weak on charts. Power Grid, meanwhile, needs to overcome the hurdle of Rs 240 level

PowerGrid Q1 consolidated net profit declines 37% to Rs 3,801 crore

Q1 PAT dropped by 8.55 per cent from ₹4,156.44 crore in the preceding quarter

Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday

The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting

Thematic returns score over pure equity funds in past year, shows data

Pure equity funds, such as large-cap equity funds, have given returns of just 6.77 per cent in the past year

Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers

Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.

Blood on the Street: 98% Nifty 500 stocks down this month, shows data

Of the 12 that have risen, only one has provided double-digit gains

NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days

Significant rise in electricity consumption has pepped up the investors' interest at these counters.

PGCIL transfers 26% stake in Powergrid Vizag Transmission for Rs 330 cr

State-owned Power Grid Corporation of India (PGCIL) has transferred its remaining 26 per cent stake shareholding in Powergrid Vizag Transmission Ltd to infrastructure investment trust PGlnvlT

Sensex gains 350 pts; Hero Moto cracks 7%, Ruchi Soya zooms 16%

CLOSING BELL: Shares of Hero MotoCorp cracked over 6 per cent after reports suggested that the Income Tax Department has found that Hero MotoCorp made more than Rs 1,000 crore bogus expenses

Stocks to Watch: Aurobindo Pharma, RIL, Ruchi Soya, Tata Power, PowerGrid

Shares of drugmaker Aurobindo will be in focus as the company has acquired the domestic formulation business of Veritaz Healthcare on a slump sale basis at Rs 171 crore.

PowerGrid Corporation surges 5%, hits record high in a volatile market

Overall, transmission bidding is likely to gather pace from FY23, which bodes well for PowerGrid Corporation, said Edelweiss in its analyst note.

Stocks to Watch: Tata Power, Airtel, Nykaa, ACC, NDTV, Aurobindo, Petronet

ABB, Amara Raja, Bharat Forge, Cummins, Hero MotoCorp, Hindalco, Hindustan Motors, HP Adhesives, IRB Infra, M&M, Novartis, Sun Tv, Tata Chemicals and Zomato of announce results on Thursday.

Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%

Stock market LIVE: Sectorally, Nifty Auto index was the top performer now, up 1.5 per cent, followed by Nifty Private Bank, and IT indices. PSU index was the sole loser, down 0.8 per cent.