*Tata Power has multiple triggers in place:*
1)Renewable IPO/stake sale
2)Debt restructuring
3) Indonesia Coal mine Profit
4) CGPL merger
5) Listing of Waaree in India and ReNew Power to boost valuation
6) Amendment to Electricity Act
1)Renewable IPO/stake sale
2)Debt restructuring
3) Indonesia Coal mine Profit
4) CGPL merger
5) Listing of Waaree in India and ReNew Power to boost valuation
6) Amendment to Electricity Act
Case for Tata Power & IEX - Potential next decade emerging stocks!! (Note from domestic brokerage)
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar
India has one of the largest and most complex power sectors in the world. Last 2 decades saw gradual evolution - grid electricity, lesser power cuts, increase in renewables.
If the Bill is passed, the next decade can well be a decade of power renaissance.
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar
India has one of the largest and most complex power sectors in the world. Last 2 decades saw gradual evolution - grid electricity, lesser power cuts, increase in renewables.
If the Bill is passed, the next decade can well be a decade of power renaissance.
Update
As per new government rules, factories in china cannot work more than 3 days a week . Some of them are permitted only 1 or 2 days a week . Remaining days there will be power cut across entire industrial city . And because of all this , prices expected to rise by 30-40% in coming weeks.
https://www.bloomberg.com/news/articles/2021-09-27/china-s-power-crisis-moves-from-the-factory-floor-to-the-bedroom
As per new government rules, factories in china cannot work more than 3 days a week . Some of them are permitted only 1 or 2 days a week . Remaining days there will be power cut across entire industrial city . And because of all this , prices expected to rise by 30-40% in coming weeks.
https://www.bloomberg.com/news/articles/2021-09-27/china-s-power-crisis-moves-from-the-factory-floor-to-the-bedroom
Bloomberg.com
China’s Power Crisis Moves From the Factory Floor to Homes
China’s energy crisis is beginning to hit people where they live, adding the risk of social instability to an economic slowdown and global supply chain disruptions.
Economists usually worry about the price of oil in the context of rising inflation. Not anymore. Now the soaring price of natural gas is the bigger problem, particularly in Europe, where it has increased by almost 500% in the past year and by 4.5% in the past week alone.
Low reserves, sluggish exports from Norway and Russia and high prices in Asia, which drew away cargoes of liquified natural gas, are mainly to blame. Gas-guzzling factories, such as fertiliser plants, are being mothballed, triggering shortages of important products such as carbon dioxide, which is used in food production and transportation. If this winter is particularly cold, electricity and gas outages are possible.
Gas prices are unlikely to come down any time soon. Gas is still cheaper in America than Asia and Europe, but it is unable to export much more because of limited port capacity. Even so, prices there have already risen to their highest levels since 2014.
Low reserves, sluggish exports from Norway and Russia and high prices in Asia, which drew away cargoes of liquified natural gas, are mainly to blame. Gas-guzzling factories, such as fertiliser plants, are being mothballed, triggering shortages of important products such as carbon dioxide, which is used in food production and transportation. If this winter is particularly cold, electricity and gas outages are possible.
Gas prices are unlikely to come down any time soon. Gas is still cheaper in America than Asia and Europe, but it is unable to export much more because of limited port capacity. Even so, prices there have already risen to their highest levels since 2014.
SBI Card launches 3-day festival offer Dumdaar Dus
(29-Sep-2021 , 14:00 Hours IST)
SBI Card has announced launch of the three-day mega shopping festive offer 2021, 'Dumdaar Dus', starting 3 October 2021. During this one-of-its-kind on line shopping festival, SBI Card retail cardholders will have the freedom to shop on line on any domestic e-commerce site, and not be restricted to just one or two, to avail the 10 per cent cash back. Importantly, in line with the growing popularity of EMI transactions, the offer will also be available on online merchant EMI transactions.To amplify its Festive Offer 2021, SBI Card plans to launch a digital campaign featuring actor Jaaved Jaaferi who accentuates the brand message effortlessly with his versatility and humorous characterization.Powered by Capital Market - Live
(29-Sep-2021 , 14:00 Hours IST)
SBI Card has announced launch of the three-day mega shopping festive offer 2021, 'Dumdaar Dus', starting 3 October 2021. During this one-of-its-kind on line shopping festival, SBI Card retail cardholders will have the freedom to shop on line on any domestic e-commerce site, and not be restricted to just one or two, to avail the 10 per cent cash back. Importantly, in line with the growing popularity of EMI transactions, the offer will also be available on online merchant EMI transactions.To amplify its Festive Offer 2021, SBI Card plans to launch a digital campaign featuring actor Jaaved Jaaferi who accentuates the brand message effortlessly with his versatility and humorous characterization.Powered by Capital Market - Live
Global-Markets
-US markets closed sharply lower while some recovery in futures now
-Nasdaq down 2.8%, the most since March as a spike in bond yields
-10-year bond yield at 3-months highs of 1.5%
-Dow Jones fell 570 points, S&P 500 fell 2%.
-US markets closed sharply lower while some recovery in futures now
-Nasdaq down 2.8%, the most since March as a spike in bond yields
-10-year bond yield at 3-months highs of 1.5%
-Dow Jones fell 570 points, S&P 500 fell 2%.
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 2, 2021 11:30 AM India
Topic: October Month Outlook by Mr Sunil Jain and Retail Research Team
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Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 2, 2021 11:30 AM India
Topic: October Month Outlook by Mr Sunil Jain and Retail Research Team
Register in advance for this webinar:
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Zoom Video Communications
Welcome! You are invited to join a webinar: October Month Outlook by Mr Sunil Jain and Retail Research Team. After registering…
PRISM JOHNSON:CO'S CEMENT DIVISION HAS SUCCESSFULLY BID FOR 1,96,400 TONNES PER ANNUM (TPA) OF COAL FROM COAL INDIA & SUBSIDIARIES II BY SUCCESSFULLY WINNING THE BID FOR 1,96,400 TPA, THE TOTAL LINKAGE ADDS UP TO 2,39,500 TPA
VODAFONE IDEA: CO EXEC SAYS GOVT REFORM PACKAGE IS A VERY BOLD STEP II GOVT PKG ADDRESSES STRUCTURAL OPERATIONAL & FIN ISSUES THAT IND WAS FACING - CNBC TV 18
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Sep 30, 2021 08:45 AM India
Topic: Morning Market Update
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Nirmal Bang is inviting you to a Zoom webinar.
When: Sep 30, 2021 08:45 AM India
Topic: Morning Market Update
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Bharti Airtel (“Airtel”) to hold an online press briefing to share an important announcement.
Date: Thursday, September 30, 2021
Date: Thursday, September 30, 2021
ANAROCK SAYS MMR SHED 8% OF ITS UNSOLD STOCK Y-O-Y – AT 1.92 LAKH UNITS AS ON Q3 2021 END; NCR SAW A 3% YEARLY DECLINE WITH INVENTORY NOW AT NEARLY 1.67 LAKH UNITS
EASEMYTRIP: SPICEJET AND CO ANNOUNCE EXCLUSIVE PARTNERSHIP FOR HOLIDAY BOOKINGS
BHEL: CO'S PROCUREMENTS THROUGH GEM SEE QUANTUM JUMP, CROSS RS.1,500 CRORE IN FIRST HALF OF FISCAL 2021-22
Paras Defence Ipo allotment to be available Late Night or tomorrow
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