News for ZODIAC ENERGY LTD (ZODIAC-SM.NS)

Solex Energy's shares rise after securing ₹29 crore order for solar PV modules from Zodiac Energy.

Investors in Sri Adhikari Brothers Television Network saw the share price rocket from Rs 1.45 on August 14, 2023, to Rs 447.45 by August 14, 2024, per corporate database ACE Equity

Around 760+ companies like Filmcity Media Ltd., Nakoda Group of Industries Ltd., Phoenix Township Ltd., and Sunteck Realty Ltd., will declare their first-quarter earnings on Wednesday. Find here the full list of companies that will declare their quarterly results on Wednesday.

Around 300+ firms including SJVN. Jubilant Foodworks, Honasa Consumer, Zydus Lifesciences, CESC, Trent and Alkem Labs will declare their quarterly results today. Find here the full list of companies announcing their June-end earnings on Friday.

Honeywell appoints new MD, TVS Motor expands in Italy, Persistent Systems gets new CFO, VECV partners with iTriangle.

The Nifty Realty index was trading 0.3 per cent down at 960.45.

SG Mart Ltd., a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021 — when Prime Minister Narendra Modi announced that India aimed to boost clean energy to more than two-thirds of overall capacity. Gensol Engineering Ltd. has rallied more than 3,200%, Zodiac Energy Ltd. 1,000% and Waaree Renewable Technologies Ltd. 1,800% in that same period.

India Business News: India’s renewable energy stocks have enjoyed a scorching rally for the past two years as retail buyers pile in, but their extended valuations are flashing warning signs. SG Mart Ltd, a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021. The skyrocketing share prices of these small stocks are now facing a reality check, as surging production capacity weighed on prices and earnings are struggling to keep up with the pace of gains. The biggest stock winners in India’s renewable sector are now all facing the challenge from minuscule earnings, which has sent valuations through the roof. Institutional investors have largely stayed away from some of the big winners in the sector, citing untenable valuations and low free floats.

India’s renewable energy stocks have enjoyed a scorching rally for the past two years as retail buyers pile in, but their extended valuations are flashing…

Grasim Inds., LTIMindtree, Bajaj Finance, ONGC and Dr. Reddys were among the top losers on NSE.

The Nifty Auto index was trading 0.66 per cent down at 16388.75.

Macpower CNC Machine, CreditAccess Grameen, BSE, Ipca Labs and Zodiac Energy, hit their fresh 52-week highs at 10:50AM.

Stocks In the News: Check out the companies making the biggest headlines before the opening bell

Domestic markets continued to be dominated by bears on Tuesday, extending their losses even though Wall Street equity indices staged a smart recovery on Monday.