Waaree Renewable Technologies Ltd (WRT), the engineering, procurement and construction arm of the Waaree Group, has announced a major strategic acquisition to strengthen its presence in India’s power infrastructure sector. The company will acquire a 55 per cent stake in Associated Power Structures Ltd for ₹1,225 crore, marking its formal…
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News
Premier & Waaree Energies Q3 Review: IPO Signals, Targets, Outlook
Nuvama Institutional Equities has reaffirmed its ‘Buy’ rating on Premier Energies and Waaree Energies following their December quarter (Q3) results, reflecting positive performance and growth potential in India’s solar energy sector. While Premier Energies delivered in-line results, Waaree Energies posted a strong beat, signaling robust operational execution. Premier Energies: On…
News
IRFC Eyes Swiss Franc Swap to Reduce Dollar Risk
New Delhi: Indian Railway Finance Corporation (IRFC) is exploring a strategic shift in its foreign-currency borrowing to mitigate risks from dollar volatility. The company is considering converting a portion of its dollar-denominated loans into Swiss francs, aiming to reduce foreign exchange losses and lower funding costs amid the rupee’s recent…
News
Multibagger Stock: ₹1 Lakh Grows to ₹64 Lakh in 4 Years
In an extraordinary example of long-term wealth creation, shares of Network People Services Technologies (NPST) have transformed a modest investment of ₹1 lakh into approximately ₹64 lakh within just four years. The small-cap stock has emerged as one of the most remarkable multibaggers in India’s equity markets, rewarding patient investors…
News
Vodafone Idea Shares Hit 52-Week High on Likely AGR Relief
Shares of Vodafone Idea Ltd (Vi) surged sharply on Tuesday, climbing nearly 4 percent to touch a fresh 52-week high, as investor optimism grew over the possibility of government relief on the telecom operator’s long-pending adjusted gross revenue (AGR) dues. The rally extended the stock’s strong momentum, which has seen…
Festivals
Muhurat Trading 2025: NSE Sets Afternoon Session on Diwali
The National Stock Exchange (NSE) has announced that the Muhurat Trading 2025 session will take place on October 21, marking the festival of Diwali. Unlike the traditional evening slot, this year’s session will be held in the afternoon from 1:45 pm to 2:45 pm. The one-hour special trading window is…