DIAMOND POWER INFRASTRUCTURE LTD Q2 RESULTS
Don’t see much value in construction, look at paint stocks: Rakshit Ranjan
We do not see much value because you do not have a very robust moated franchise, and it also throws out truck loads of cash, says the co-founder and portfolio manager of Marcellus Investment Managers.
Stocks in the news: Max Financial, Vodafone Idea, Simplex Infra, Axis Bank and Power Grid
Global investors are in discussions with Tata Power...
Award of fresh coal supply contract by government is positive for the power sector: ICRA
The government has proposed the minimum tariff disco...
Brookfield, Mubadala may invest $600m in Tata Power’s InvIT
Tata Power’s near 3-gigawatt renewable energy portfolio is valued at $2.2-2.5 billion, they added.
Coronavirus scare, poor Q3 results send Sensex 162 points lower; Nifty below 12,050
Market breadth was negative with declining shares outpacing advancing ones in ratio of 3:2 on BSE.
Reliance Infra Q3 profit up 18% at Rs 346 crore
Reliance Infra's total expenses increased to Rs 4,888.79 crore, as against Rs 4,772.46 crore a year ago.
Q3 results calendar: Over 2,300 firms to report earnings this week
Nearly four-fifths of Nifty companies have posted their numbers already.
Srei Infrastructure reports Q2 profit of Rs 55 crore
Consolidated income for the quarter under review too dipped to Rs 1,424.18 crore from Rs 1,537.43 crore.
GE Power reports Rs 22 crore loss in Sept quarter
The company had posted a profit of Rs 5.2 crore in the year-ago quarter, a BSE filing said.
Birla Corp Q3 PAT jumps 200% to Rs 81 crore
Though cement prices remained weak in key markets in December quarter, Birla Corp was able to increase market share in West Bengal and Bihar.
Rajasthan: GE T&D India bags order form PowerGrid, to set up GIS bays at Phagi
The bays will be an extension to the Rajasthan Rajya Vidyut Prasaran Nigam Ltd's (RRVPNL) existing 765 kV substation at Phagi, which was also commissioned by GE earlier using Air Insulated Switchgear (AIS) technology.
Torrent Power Q2 profit rises 83% to Rs 755 crore
Total income rose to Rs 3,891.29 crore in the quarter under review from Rs 3,488.66 crore.
Power Grid Q2 profit rises 9% to Rs 2,527 crore, meets estimates
Revenue from operations increased 4.78 per cent to Rs 8,684.98 crore from Rs 8,289.01 crore
Adani Power Q2 profit nosedives to Rs 4 crore
ADL's total expenses during the quarter were Rs 6,658.44 crore, compared with Rs 6,955.35 in the year-ago period.
NHPC Q2 profit rises 33% to Rs 1,457 crore
Total income of the company increased to Rs 3,360.35 crore in the second quarter from Rs 2,942.72 crore a year ago.
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