Britannia Industries shares rose over 4% in early trade to rank among the top two Nifty 50 gainers on May 6. The gain comes after the fast-moving consumer goods major reported its quarterly results, which were muted but almost in line with CNBC-TV18 poll expectations. Britannia shares traded 2.17% higher at ₹4,847.40 on NSE at 9:45 am.
Open FlipShares of REC Ltd., Power Finance Corporation Ltd. (PFC) are down as much as 10% on Monday and have given up most of the gains they made last week. Both stocks had hit a record high in the week gone by. The move comes after Reserve Bank of India's draft guidelines on project financing, which mentioned that 5% general provision should be made on all existing and fresh project loans which are...
Open FlipWith renewable energy contributing more than 70% of the new power generated in India during FY24, green energy stocks have been unassailable and given up to 600% returns in the last one year. With a focus on achieving energy security and self-reliance (atma nirbharta), coupled with regulatory advancements, improved technology, and reduced costs, a substantial shift is underway across all aspect.
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