ET Intelligence Group: The imposition of countervailing duties (CVD) by the US Department of Commerce on solar panels from India will not only impact exporters but also companies targeting the domestic market. With the viability of shipments to the US uncertain due to a CVD of 125.87%, exporters are likely to shift unsold inventory to […]
Shares of Waaree Renewable Technologies rose as much as 10% to a day’s high of Rs 1,244 per share on the NSE on Monday, October 13, after the solar company reported that its consolidated net profit more than doubled in the September quarter, boosted by higher revenues and strong project execution. The stock is now […]
India’s major indices, the Nifty and Sensex, recovered on Thursday after a one-day lull, supported by gains in IT, metals and pharmaceutical stocks. The broader Nifty ended at 25,181.80, up 135.65 points or 0.54%, while the Sensex settled at 82,172.10, down 398.44 points or 0.49%. When trading resumes in the markets today, TCS, Tata Elxsi, […]