Wednesday, 8 December 2021
Wednesday, 1 December 2021
Tata Power bags project approximately ₹945 crore
Tata Power bags project approximately ₹945 crore
Tata Power Good news breaking, It has announced that they have awarded a project by Solar Energy Corporation of India (SECI) to build a 100 MW EPC solar project, along with 120 MWh utility scale Battery Energy Storage System. The total contract value of this upcoming project is approximately ₹945 crore. The tenure of the contract will be of 18 months.
After this successful contract, the utility scale EPC order book of the powerstock Tata Power Solar now lives at around 4.4 GW (DC) capacity with an approximate value of ₹9,000 crore.
Talking about the SECI project sites, they are located in Chhattisgarh. The order scope includes engineering, design, supply, construction, erection, testing, O&M and commissioning of the projects.
the company stated that “With this win, the Company has strengthened its diversified offerings with BESS (Battery Energy Storage System) within the renewable segment,"
Also Praveer Sinha, CEO & MD, Tata Power said “We are glad to receive this prestigious order from SECI to build Solar EPC projects along with the India's largest utility scale BESS project. This is the second grid-scale solar plant with BESS and is recognition of Tata Power Solar’s pioneering work in project execution capabilities in the solar energy domain,"
The previous large projects which were executed by Tata Power Solar include 80 MW NTPC Jetsar, 50 MW Kasargod at Kerala, 100 MW GIPCL Raghanesda, 100 MW TPREL Raghanesda, 30 MW GSECL. Another innovative Solar project of 50 MW with BESS of 50 MWh battery storage is under execution at Leh, the company added.
RattanIndia Power Ltd Penny stock will become Multibagger?
RattanIndia Power Ltd Penny stock will become Multibagger?
Before i begin, i never ask people to invest in these stocks because it is riskier and you might lose the money. However if you plan and manage money on it. A little risk is worth taking.
Today the stock which i picked is RattanIndia Power Ltd. Few points for the stock is listed:
1. It has also not generated good return on equity when compared to the bank FDs
2. not a Dividends paying company
3. The Market cap of it is 1879 Crore
4. It trade with high risk volatility.
5. The PE Ratio at the time of writing is -80.50
6. Promotor holding is pledged and increase by some means
7. Last 2 years the loss was recovered some bit but last year again a loss widens up.
RattanIndia Power Ltd Stock is running in upper circuit and mostly it runs with news coming in favor of the company related. The company performance is up and down on regular basis so i would say to wait for it to perform more and show some work in real. This stock is also a operator top choice stock where they enter and exit very frequently. But in recent the retails investors showing some interest and currently upper circuited.
I have purchased the stock in 2.36 paise and the Aukat level of this stock is around 2.0-2,5 only at this point of time. However it gets a good movement when RattanInd moves. Operator loves these stocks
The stock was trading today and then upper stock was booked. WIth approx 50% deliverables the stock seems to be active by operators as well as some retail lovers.
Currently i would suggest this stock is going to go a bit more high before it falls again and its swinging in past year.
My call:
A little risky buy but a quick profit booking is there else the fall is near.
A resistance at 4.20 if it goes beyond then a quick safe target would be 5.20-5.40
Indian Infotech and Software limited | Whats happening in This Penny Stock? Multibagger? 1000+ Returns!
Indian Infotech and Software limited | Whats happening in This Penny Stock? Multibagger? 1000+ Returns!
Before i begin, i never ask people to invest in these stocks because it is riskier and you might lose the money. However if you plan and manage money on it. A little risk is worth taking.
Current Mood!
Today we are going to talk about Indian Infotech. Few points about the stock which i would like to specify is:
- 1. It has not generated good return on equity when compared to the bank FDs
- 2. No Dividends are offered
- 3. The Market cap of it is 378 Crore
- 4. It trade with high risk volatility.
- 5. The PE Ratio at the time of writing is -33.28
- 6. Promotor holding is not pledged but stayed constant at 19.28 % which is low.
- 7. Last 2 years the loss has increased.
The Stock is running in upper circuit and for god sake don't jump and try to buy. The company is showing poor performance. The only thing that is happening is Operator running the game.
I have purchased the stock in 0.49 paise and the Aukat level of this stock is 0.5 rs only at this point of time but it has given good return via operators to operators.
Its very inevitable that operators are here active but the 100% deliverables of below quantity shared does looks happening. If you want to take risk wait for it to come back to around 1.2 - 1.5 Rs. Then you can further see to it.
Currently i would suggest this stock is beyond its aukaat and operators will suck you up if you are going to buy huge and that to currently. Whenever market falls, stocks like this get activated. These are like sleeper cells.
My call:(as of 3rd December)
I am going to book it off right now.
No further buying until it fall back.
HDFC and Bajaj Finance increase rates on fixed deposits
HDFC and Bajaj Finance increase rates on fixed deposits
Couple of non-bank lenders after inspired from global and local inflationary trends and hiked the interest rates on their fixed deposits (FDs). These interest rate increases are effective from today – December 1, 2021.
What has changed?
The FDs of HDFC will now offer up to 10 basis points for more across tenures. For 36 months, HDFC will now offer a 6.1 percent interest and for 60 months it will offer around 6.5 percent interest.
Senior Citizens will be getting to earn 25 basis points more than the card rates and investors making their fixed deposits online pocket 10 basis points extra. Earlier, HDFC was offering 6.05 percent and 6.4 percent on those fixed deposits, respectively.
Bajaj Finance (BFL) has also increased the rate of interest by up to 30 basis points. It will pay 6.4 percent interest on its 24 months FD compared to 6.1 percent earlier and 6.8 percent on 36 months deposit compared to 6.5 percent earlier.
Monday, 29 November 2021
IndusInd Bank Ltd Statement on resignations at Bharat Financial Inclusion Ltd
IndusInd Bank Ltd Statement on resignations at Bharat Financial Inclusion Ltd
IndusInd Bank Ltd has announced the developments with respect to its owned subsidiary, Bharat Financial Inclusion Limited ('BFIL').
Mr. Shalabh Saxena and Mr. Ashish Damani (collectively, 'Employees'), who are currently employed with BFIL in the capacity of the Managing Director & CEO and the Executive Director & CFO, respectively, have advances their resignations to emails addressed to the Chairman of the Board of BFIL on November 25, 2021.
Meanwhile, the Bank has nominated Mr. J. Sridharan as Executive Director on the Board of BFIL and appointed Mr. Srinivas Bonam to oversee the day-to-day functioning of BFIL. Both have ample of experience and exposure.
On other hand Mr M R Rao continues to be associated as an advisor to BFIL bringing his years of experience in microfinance and scaling up BFIL.
The Bank has also appointed Mr KV Rao as an advisor for strengthening the field processes.
Sunday, 28 November 2021
How to invest in US Stocks from India ?
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