Shares of renewable energy solutions provider Suzlon Energy have given multibagger returns of 113% in just 3 months and have increased by 116% so far this year, as the stock sustains its positive momentum. Recently, the company announced it has received India’s largest wind energy order of 1,166 MW from NTPC Green Energy, the renewables … Read more
Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
“Given the current scenario, deploying 80% of the equity allocation through weekly STP over the next 8-10 weeks is advisable, with the remaining allocation to be adjusted post-election, depending on the prevailing conditions. STP/SIP remains the preferred route for investing,” says Kshitiz Mahajan, CEO of Complete Circle Wealth. In an interview with ETMarkets, Mahajan said: … Read more
Shares of select renewable energy stocks jumped up to 19% on Tuesday after Prime Minister Narendra Modi launched the Pradhanmantri Suryodaya Yojana on Monday as India celebrated the consecration ceremony of Ayodhya Ram Mandir.The gains were led by Borosil Renewables which soared up to 19 and hit its 52-week high of Rs 602 on the … Read more
