NTPC's shares have surged, outperforming the power index, as investors anticipate strong capacity additions and green energy growth. The company is accelerating renewable energy projects through its subsidiary NGEL and investing in energy storage and nuclear technologies. Analysts maintain a 'buy' rating, citing diversification efforts and project execution.
The government is on the brink of a historic merger between Power Finance Corp and REC, with plans for preferential share allocation to retain public ownership. This initiative could potentially see the government's stake drop to under 51% after the consolidation.
Analysts are divided on BHEL's 4,422 crore offer for sale, with caution on valuation but optimism over its order book. While short-term investors may see no immediate upside, those with a medium to long-term horizon could find merit in bidding. The OFS is seen as a divestment exercise rather than a rerating trigger.
Foreign investors accelerated selling in financial services in the latter half of January, offloading 5,402 crore. Overall, overseas investors withdrew 29,056 crore across 15 sectors, with healthcare also seeing significant outflows. Metals and mining, however, attracted 8,837 crore in inflows, driven by precious metal momentum.
Customers have taken to social media platforms for days to complain about things like lack of overhead bin space and not being allowed to switch seats, even when there are plenty open.
