Thu, Sep 5, 2024 9:41 PM
India's SM-REITs market to exceed $60 billion by 2026: Report
A Flip by Shubhangi Gupta
Shares of Premier Energies have been on a bull run since their market debut on September 3, surging a whopping 181 percent over its IPO price of Rs 450. Extending its ascent for the ninth consecutive session, Premier Energies’ shares surged another 5 percent intraday, hitting a new record high of Rs 1,267.95 on September 9. At 11.47 am, shares of Premier Energies were trading at Rs 1,240.70.
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India's Ministry of New and Renewable Energy has issued draft norms for the RESCO model and utility-led demand aggregation model of the new rooftop solar scheme, allowing consumers to access rooftop solar systems without upfront payment, with ownership transferred after a minimum 5-year project period.
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Shares of Oriana Power Limited are trading at around Rs 2,187 per share. The company’s current market capitalization stands at Rs 4,195 crore. The stock has delivered a multibagger return of over 540 per cent in just 1 year only. The company doesn’t announce Quarterly Results and as per half-yearly results, in March FY24, Oriana Power Limited recorded a revenue of Rs 319 crore.
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