Shares of coal in total power capacity dropped below 50 percent for the first time since 1966, while renewable energy accounted for 71.5 percent of the record 13,669 megawatts (MW) power generation capacity added by India in the January-March period, according to a report.According to the latest POWERup quarterly report from the Institute for Energy Economics and Financial Analysis (IEEFA), this i...

It is good to see some analysts sticking to their convictions in the face of an adverse market trend and without mincing words. Kotak Institutional Equities’ strategists Sanjeev Prasad, Anindya Bhowmik, and Sunita Baldawa have Short Call’s vote for that.From their latest report:“The market is conveniently (1) baking in optimistic profitability and volume assumptions, (2) using wrong valuatio...

Shares of Cipla soared 4 percent in opening trade on May 15, after three block deals in the counter took place on the exchanges. Around 2.04 crore shares, making up a 2.52 percent stake in drugmaker Cipla changed hands in the three block deals.The company later confirmed that its promoters, the Hamied family sold a 2.5 percent stake in the drugmaker.CNBC-Awaaz had also reported on May 14 that the ...

Traders in US Treasury options are positioning for a bond rally and sharp drop in yields in the aftermath of crucial inflation data to be released on Wednesday.Heavy buying over the past week has centered on options that would stand to benefit from US 10-year yields dropping to roughly 4.3%, some 15 basis points below where they are now and the lowest in more than a month. One high-risk trade stoo...

Loss over profitA bird in the bush is worth two in hand. That seems to be the approach of many small and high-networth individuals looking for potential multi-bagger stocks in the small-cap space. This is reminiscent of the startup bubble a few years back when investors would get excited by the cash burn of a company rather than its profitability. Loss-making TIL (formerly Tractors India Limited) ...