LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Equity & Shares  :  Power stocks trade with vigor on the bourses

Power stocks trade with vigor on the bourses (16-Aug-2016)

Power stocks are trading in fine fettle on the bourses on report that under government's ambitious Sagarmala project has said that Coastal movement of coal could cut power costs by 50 paisa per unit for power plants besides saving Rs 17,000 crore annually.

NTPC is currently trading at Rs. 160.90, up by 0.65 points or 0.41% from its previous closing of Rs. 160.25 on the BSE. The scrip opened at Rs. 160.25 and has touched a high and low of Rs. 161.00 and Rs. 159.70 respectively. So far 44810 shares were traded on the counter.

Power Grid Corporation of India is currently trading at Rs. 182.05, up by 4.15 points or 2.33% from its previous closing of Rs. 177.90 on the BSE. The scrip opened at Rs. 179.00 and has touched a high and low of Rs. 183.05 and Rs. 178.80 respectively. So far 101320 shares were traded on the counter.

Adani Power is currently trading at Rs. 26.90, up by 0.10 points or 0.37% from its previous closing of Rs. 26.80 on the BSE. The scrip opened at Rs. 26.95 and has touched a high and low of Rs. 27.05 and Rs. 26.50 respectively. So far 160126 shares were traded on the counter.

Sagarmala is an ambitious port-led infrastructure development programme of the government to harness India's 7,500-km coastline and its perspective plan was launched by Prime Minister Narendra Modi in April.

Using the right infrastructure and institutional support, India can coastally move 190 to 200 million tonne per annum (MTPA) of coal, and save around Rs 17,000 crore per annum, by 2025.

In 2013-14, nearly 740 MTPA of coal moved through the country predominantly through rail and of this barely 23 MTPA moved through coastal shipping even though this mode costs one-sixth that of rail cost at about 20 paisa per tonne against about Rs 1.2 per tonne.


Top News Today
DB Realty's JV inks term sheet for development of 'DB Skypark'
(16-Jan-2018)

DB RealtyDB Realty's joint venture (JV) - ECC DB JV, in which company holds 74% stake has signed a Term Sheet on January 15, 2018 with Xanadu Development (Development Manager) for the purpose of development management......click on news to read complete article.

Ramco wins trust of Global Fortune Top 5 organization
(16-Jan-2018)

Ramco wins trust of Global Fortune Top 5 organizationAfter making its entry into Gartner Magic Quadrant and Forrester Wave for SaaS HCM Suites, Ramco Systems, cloud enterprise software major has witnessed increased traction from Multinationals and Fortune......click on news to read complete article.

Mohota Industries inks JV pact for development of affordable housing project
(16-Jan-2018)

Mohota Industries inks JV pact for development of affordable housing projectMohota Industries, through its Special Purpose Vehicle (SPV), entered into its third joint venture (JV) agreement with a renowned developer for the multi-use development project with an estimated value......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals on Tuesday
(16-Jan-2018)

Asian markets trade mostly higher in early deals on TuesdayMost of the Asian equity benchmarks are trading up in the early deals on Tuesday following a holiday for US markets as investors looked ahead to American corporate earnings. The Japanese market is rising......click on news to read complete article.

US markets end near record closing high levels
(13-Jan-2018)

US markets end near record closing high levelsFriday turned out to be a fabulous day of trade for the US equity markets, with Wall Street ending the session near record closing levels, as traders remained optimistic about the earnings season after......click on news to read complete article.

Asian markets trade mostly higher in early deals on Friday
(12-Jan-2018)

Asian markets trade mostly higher in early deals on FridayMost of the Asian equity benchmarks are trading up in the early deals on Friday following the record closing highs overnight on Wall Street amid easing worries about US Treasuries and a rise in crude oil......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.