Share Market Daily Updates | Sensex, Nifty, Equity, F&O, IPO
Adani Energy Solutions Ltd. (NSE: ADANIENSOL), the power transmission unit of the Adani Group, has successfully raised $1 billion through a qualified institutional placement (QIP). This marks the conglomerate’s first public equity raise since the Hindenburg report earlier this year, which led to a significant drop in the group’s market value. Abu Dhabi Investment Authority Read more: Adani Energy Solutions raised $1 billion through QIP..
Exide Industries’ Q1 FY25 results, announced on July 30, 2024, showcased a mixed performance, the company reported a 15% year-on-year increase in standalone net profit, reaching ₹280 crore. However, this figure fell short of analyst expectations, who had predicted an average profit of ₹331 crore. Exide Industries Q1 FY25 Results Key Points: Profit Increase: Exide Read more: Exide Industries Q1 Results: Profit surged 15% YoY, but missed the Analysts’ expectations..
NHPC (National Hydroelectric Power Corporation) has signed a Power Purchase Agreement (PPA) worth Rs 846.66 crore with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW capacity solar power project. The project will be located within the Gujarat State Electricity Corporation Limited (GSECL)’s renewable energy park at Khavda (GSECL Stage-3). Key points: PPA Value: Read more: NHPC signs Power Purchase Agreement value Rs 846.66 crore with GUVNL – NSE: NHPC Stock to Watch..