Latest Stock Market News

The new National Electricity Plan is set to benefit transmission companies and equipment manufacturers. With a projected power demand growth, significant investments are expected in transmission and renewable energy sectors. The plan aims to address future power needs, including green hydrogen and electric vehicles, requiring substantial funding and capacity additions.

We think it is a good long-term story and especially with new use cases as Sabyasachi also highlighted in terms of hydrogen, in terms of EVs, they should only aid power demand going forward. Secondly, in terms of the role of centre versus state versus private, it varies from sector to sector.

The stock quoted a 52-week high price of Rs 1946.2 and a 52-week low of Rs 806.9.

The Nifty50 index, consisting of fifty blue-chip stocks on the NSE, has seen significant growth since its inception in 1995. With increased retail participation and institutional investments, the index has shown robust performance, particularly post-COVID. Future growth is expected with potential changes in its composition reflecting new economy sectors.

A total of 59,730 shares changed hands on the counter till 01:38PM (IST).

On the technical charts, the RSI of the stock stood at 56.09.

The company said that the GPI will help offset the significant increase in its costs over the years, taking into consideration inflation, administrative costs related to regulatory and security measures, which will enable further investment in infrastructure and technological advancements.

​Secondly, there is a high degree of trade. It is not only paper market, but physical and certainly in India and the likes of China and Asia and the Middle East that it is a store of value and it has been very much a part of their whole culture for millennia.

A total of 2,996 shares changed hands on the counter till 12:58PM (IST).