PTC Financial News

Inox Wind Energy Ltd.(up 10.00%), Inox Wind Ltd.(up 7.55%), Indo Tech Transformers Ltd.(up 5.00%), Adani Energy Solutions Ltd.(up 2.58%), GE T&D India Ltd.(up 2.28%), Karma Energy Ltd.(up 2.02%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Suzlon Energy Ltd.(up 1.55%), Adani Green Energy Ltd.(up 1.38%) and PTC India Ltd.(up 1.21%) were among the top gainers.

Orient Green Power Company Ltd.(up 4.96%), Neueon Towers Ltd.(up 4.77%), Transformers & Rectifiers(India)Ltd.(up 2.92%), Indowind Energy Ltd.(up 2.88%), CESC Ltd.(up 2.32%), PTC India Ltd.(up 2.04%), Karma Energy Ltd.(up 2.03%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Gujarat Industries Power Company Ltd.(up 1.97%) and Torrent Power Ltd.(up 1.95%) were among the top gainers.

Neueon Towers Ltd.(up 5.01%), Power and Instrumentation(Gujarat)Ltd.(up 1.99%), Energy Development Company Ltd.(up 0.94%) and Indowind Energy Ltd.(up 0.68%) stood among the top gainers.

Indo Tech Transformers Ltd.(up 4.90%), GE Power India Ltd.(up 4.62%), Power and Instrumentation(Gujarat)Ltd.(up 1.99%), Kalpataru Projects International Ltd.(up 1.49%), PTC India Ltd.(up 0.71%) and Adani Energy Solutions Ltd.(up 0.03%) stood among the top gainers.

Karma Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), KPI Green Energy Ltd.(up 4.87%), Power and Instrumentation(Gujarat)Ltd.(up 1.99%), KEC International Ltd.(up 1.98%), Torrent Power Ltd.(up 0.52%) and India Power Corporation Ltd.(up 0.24%) were among the top gainers.

India Power Corporation Ltd.(up 10.00%), NLC India Ltd.(up 6.69%), Karma Energy Ltd.(up 5.00%), KPI Green Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Indowind Energy Ltd.(up 4.99%), Reliance Power Ltd.(up 4.98%), Gujarat Industries Power Company Ltd.(up 4.15%), Energy Development Company Ltd.(up 2.94%) and Inox Wind Energy Ltd.(up 2.87%) stood among the top gainers.

GE Power India Ltd.(up 5.85%), Indowind Energy Ltd.(up 4.98%), Hitachi Energy India Ltd.(up 3.38%), PTC India Ltd.(up 2.93%), GE T&D India Ltd.(up 2.26%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), SJVN Ltd.(up 1.83%), JSW Energy Ltd.(up 1.74%), Inox Wind Energy Ltd.(up 1.73%) and Gujarat Industries Power Company Ltd.(up 1.66%) were among the top gainers.

LIC policy after a few years, you get a portion of the premiums back as surrender value. Life-cover benefit stops immediately. However, a new player has entered the market with a claim of offering a potentially “more attractive” alternative. ACESO Endowment Services recently launched Assignment of Life Insurance Policies or ALIP, a one-of-a-kind programme designed especially for LIC policyholders contemplating surrendering their policies.

Stocks that are trading heavily or have substantial price changes on Friday: Nike, Kura Sushi fall; Infinera, Protagonist Therapeutics rise

KPI Green Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.95%), Karma Energy Ltd.(up 3.97%), Energy Development Company Ltd.(up 3.50%), GE Power India Ltd.(up 2.63%), Hitachi Energy India Ltd.(up 2.63%), Voltamp Transformers Ltd.(up 2.41%), NHPC Ltd.(up 2.16%) and Inox Wind Ltd.(up 1.25%) stood among the top gainers.

CESC Ltd.(up 5.20%), Neueon Towers Ltd.(up 4.72%), Hitachi Energy India Ltd.(up 3.38%), Inox Wind Energy Ltd.(up 2.01%), PTC India Ltd.(up 1.06%), Jaiprakash Power Ventures Ltd.(up 1.06%), KPI Green Energy Ltd.(up 0.92%), KEC International Ltd.(up 0.79%), Gujarat Industries Power Company Ltd.(up 0.55%) and Adani Energy Solutions Ltd.(up 0.54%) were among the top gainers.

market outperformed the benchmarks during the week as sentiments were in favour for growth-based stocks. During the week, as many as 191 smallcap stocks delivered double digit returns with 13 of them gaining 25% or more. PTC Industries was leading the smallcap pack at 35%, followed by Avantel at 33% and Honda India Power at 30.47%.

CBI conducted searches at 14 locations on Friday after registering an FIR into the alleged Rs 5717-crore bank fraud by Chhattisgarh-based SKS Power Generation Ltd, officials said. In its FIR, registered on the orders of Allahabad High Court, the CBI has alleged that company promoted by SKS Ispat and Power Ltd. (SKSIPL) had availed Rs 6,170 crore loan from State Bank of India (SBI), L&T Infrastructure Finance Limited, PTC India Finance Limited, and State Bank of Bikaner and Jaipur which resulted in the default of Rs 5717 crore, they said. The CBI has booked Anil Mahabir Gupta, Director of SKS Power Generation (Chhattisgarh) Ltd, Anish Anil Gupta, Director of SKS Ispat and Power Limited, Mumbai and 26 others including two officers of State Bank of India, they said.

₹50,000 crore over the next five years, reaffirming an earlier milestone set by the government.Also Read: Indian stock market ready for a dream run, target Nifty 50 at 25,816: PLFollowing this development, shares of PTC Industries jumped 20% to touch a new record high of ₹14,930 apiece, while Paras Defence and Space Technologies also jumped 18% to hit a new peak of ₹1,141, while BEML shares gained 13% to reach ₹4,516.95 apiece. Other defence stocks such as Bharat Electronics, MTAR Technologies, Bharat Dynamics, ideaForge Technology, Zen Technologies, and Astra Microwave Products all gained between 3% and 8%.Shipbuilding stocks also saw an uptick, with Mazagon Dock Shipbuilders rising 6% in intraday trade, while Cochin Shipyard and Garden Reach Shipbuilders & Engineers jumped 4% and 7%, respectively.Also Read: HAL shares surge 7%, gain 167% in one year; what's driving the rally?"PM Modi has given me the responsibility of the Defence Ministry again.

PTC India Ltd in its meeting held on 13th June 2024 has decided that till a regular CMD is appointed, Dr. Manoj Kumar Jhawar, the current whole time director shall also exercise the powers of Chairman & Managing Director as have been delegated by the Board from time to time w.e.f.

PTC India Financial Services Ltd's (PFS) acting chairman Rajib Kumar Mishra from holding the director's post in any listed firm for six months and imposed a penalty of Rs 10 lakh on him for corporate governance lapses. Mishra is also the chairman and managing director of PTC India Ltd, a promoter firm of PFS. Also, the company's former MD and CEO Pawan Singh has been prohibited from holding any position of director or key managerial personnel in any listed firm or any intermediary registered with Sebi for a period of two years. Further, the regulator slapped a fine of Rs 25 lakh on Singh.

Domestic benchmark index NSE Nifty gained 232.96 points to 22853.3, while the BSE Sensex traded 752.7 points up at 75134.94.

Coal India, Gujarat State Fertilizer & Chemicals (GSFC), Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), 360 One Wam, Oil and Natural Gas Corporation , Tech Mahindra, PTC India, VST Industries ITC , Power Grid Corporation of India are amongst top 10 dividend yield picks of Religare Broking.The financial statistic termed as dividend yield illustrates how much a company pays out in dividends annually in relation to the price of its stock. A dividend yield of three to five percent is seen as healthy and favorable.

Shares of Bank of Baroda(up 12.1 per cent), State Bank of India(up 9.07 per cent), Punjab National Bank(up 5.84 per cent), Axis Bank Ltd.(up 5.32 per cent) and IndusInd Bank Ltd.(up 4.65 per cent) ended the day as top gainers in the pack.

Domestic benchmark index NSE Nifty ended 733.21 points up at 23263.9, while the BSE Sensex closed 2507.47 points up at 76468.78.

Torrent Power Ltd.(up 3.73%), CESC Ltd.(up 3.44%), Transformers & Rectifiers(India)Ltd.(up 2.75%), NHPC Ltd.(up 2.23%), RattanIndia Power Ltd.(up 2.20%), Hitachi Energy India Ltd.(up 2.05%), Power and Instrumentation(Gujarat)Ltd.(up 1.95%), Adani Power Ltd.(up 1.74%), Tata Power Company Ltd.(up 1.72%) and Adani Energy Solutions Ltd.(up 1.58%) were among the top gainers.