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Hindustan Zinc expands partnership with Serentica Renewables to increase renewable energy capacity to 530 MW

Hindustan Zinc Limited, India’s largest zinc producer, announced today the signing of an additional power delivery agreement with Serentica Renewables, increasing its renewable energy capacity to 530 MW from the previously agreed 450 MW. This expansion will cover over 70 per cent of the company’s total power requirements. The shares of Hindustan Zinc Limited closed...
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NSE/BSE, Top Gainers & Top Losers Today 11 Mar 2025: Sun Pharma, ICICI Bank, Bharti Airtel, Zomato, Infosys, IndusInd Bank

The benchmark indices ended mixed on Tuesday, with the BSE Sensex closing marginally lower, while the NSE Nifty edged up in late trade. Selective buying helped Nifty recover losses, even as global market weakness and foreign fund outflows kept investor sentiment cautious. The BSE Sensex closed 12.85 points lower (-0.02 per cent) at 74,102.32, after...
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Broker’s call: JK Lakshmi Cement (Buy)

Target: ₹872 CMP: ₹719.10 We maintain our Buy rating on JK Lakshmi (JKLC) with an unchanged target price of ₹872/share (9x FY27E consolidated EBITDA), post our interaction with the management. After a flattish FY25, we estimate JKLC’s volume growth to accelerate to 9 per cent CAGR during FY25-27E on the ramp-up of its north expansion....
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Stocks that will see action today: March 12, 2025

The Competition Commission of India on Tuesday cleared ONGC-NTPC Green’s proposal to acquire renewable energy firm Ayana for Rs 19,500 crore ($2.3 billion). ONGC-NTPC Green Pvt Ltd (ONGPL), is a 50:50 joint venture between ONGC Green (OGL) and NTPC Green Energy Ltd (NGEL). “The proposed combination involves the acquisition of 100 per cent equity share...
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Budget 2025 – A fine blend of tax reforms and growth

Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. The biggest positive of Budget 2025 is the reduction of taxes for the middle class, which leaves more money in...

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