Latest news with #RattanIndiaPower


Business Standard
7 days ago
- Business
- Business Standard
RattanIndia Power reports consolidated net loss of Rs 13.11 crore in the June 2025 quarter
Sales decline 11.79% to Rs 821.96 crore Net loss of RattanIndia Power reported to Rs 13.11 crore in the quarter ended June 2025 as against net profit of Rs 93.00 crore during the previous quarter ended June 2024. Sales declined 11.79% to Rs 821.96 crore in the quarter ended June 2025 as against Rs 931.83 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 821.96931.83 -12 OPM % 11.7620.24 - PBDT 47.42152.34 -69 PBT -13.1193.00 PL NP -13.1193.00 PL


News18
7 days ago
- Business
- News18
RattanIndia Power reports Rs 13.41 cr loss in Q1
Agency: PTI Last Updated: New Delhi, Jul 23 (PTI) RattanIndia Power on Wednesday reported a consolidated net loss of Rs 13.41 crore in June quarter mainly due to lower revenues. The company had reported a consolidated net profit of Rs 93 crore in the year-ago period, as per a BSE filing. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Mint
08-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today amid Trump's tariff uncertainty
Stocks to buy under ₹ 100: Amid Trump's tariff uncertainty escalating, the Indian stock market continued to trade in a narrow range on Monday. The Nifty 50 index finished marginally higher at 25,461, the BSE Sensex added 9 points and closed at 83,442, while the Bank Nifty index went off 82 points and closed at 56,949. Leading the charge among the top performers on the Nifty were Hind Unilever, Tata Consumer and Nestle, showcasing resilience. Conversely, BEL, Tech Mahindra, and ONGC bore the brunt of selling pressure, concluding the session as major losers. Trading volumes on the NSE cash market were significantly lower, down 13% compared to yesterday, marking the lowest volume since March 17, 2025, indicating a continuation of moderated activity. The Nifty Midcap and Smallcap Indices witnessed profit booking to end the day with minor losses. The Nifty Midcap 100 Index fell by 0.27%, while the Nifty Smallcap 100 Index fell by 0.44%. Market breadth turned negative, with declining stocks outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.72. Amongst the sectoral Indices, Nifty FMCG, OIL/Gas, and Realty were major gainers, while Nifty Media, IT, and Metal were major losers. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index continues to remain sluggish for another session witnessing consolidation with a very narrow range bound movement during the intraday session to end on a flat note with bias and sentiment sustained, having the important near-term support positioned near 25,250-25,300 zone. As mentioned earlier, we can expect a revival on the upside and carry on with the positive move for higher targets of 25700 and 26200 levels once a decisive breach above the 25650 zone is confirmed." "The Bank Nifty index witnessed some volatility in the initial half, finding resistance near the 57,150 zone and slipping down to remain rangebound and ended the session almost on a flat note, just below the 57,000 zone with bias maintained intact and formation on a higher bottom pattern visible on the daily chart. As mentioned earlier, the index continues to have the 56,000 zone as the important support, which needs to be sustained as of now. Once a decisive breach above the resistance level of 57,600 is breached, one can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment — recommended three intraday stocks for today under ₹ 100: RattanIndia Power, TTML, and Jain Irrigation. 1] RattanIndia Power: Buy at ₹ 15.92, Target ₹ 18, Stop Loss ₹ 15. 2] TTMLL: Buy at ₹ 65, Targets ₹ 68, ₹ 70, Stop Loss ₹ 63; and 3] Jain Irrigation: Buy at ₹ 56, Targets ₹ 59, ₹ 61, Stop Loss ₹ 54.


Mint
08-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today amid Trump's tariff uncertainty
Stocks to buy under ₹ 100: Amid Trump's tariff uncertainty escalating, the Indian stock market continued to trade in a narrow range on Monday. The Nifty 50 index finished marginally higher at 25,461, the BSE Sensex added 9 points and closed at 83,442, while the Bank Nifty index went off 82 points and closed at 56,949. Leading the charge among the top performers on the Nifty were Hind Unilever, Tata Consumer and Nestle, showcasing resilience. Conversely, BEL, Tech Mahindra, and ONGC bore the brunt of selling pressure, concluding the session as major losers. Trading volumes on the NSE cash market were significantly lower, down 13% compared to yesterday, marking the lowest volume since March 17, 2025, indicating a continuation of moderated activity. The Nifty Midcap and Smallcap Indices witnessed profit booking to end the day with minor losses. The Nifty Midcap 100 Index fell by 0.27%, while the Nifty Smallcap 100 Index fell by 0.44%. Market breadth turned negative, with declining stocks outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.72. Amongst the sectoral Indices, Nifty FMCG, OIL/Gas, and Realty were major gainers, while Nifty Media, IT, and Metal were major losers. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index continues to remain sluggish for another session witnessing consolidation with a very narrow range bound movement during the intraday session to end on a flat note with bias and sentiment sustained, having the important near-term support positioned near 25,250-25,300 zone. As mentioned earlier, we can expect a revival on the upside and carry on with the positive move for higher targets of 25700 and 26200 levels once a decisive breach above the 25650 zone is confirmed." "The Bank Nifty index witnessed some volatility in the initial half, finding resistance near the 57,150 zone and slipping down to remain rangebound and ended the session almost on a flat note, just below the 57,000 zone with bias maintained intact and formation on a higher bottom pattern visible on the daily chart. As mentioned earlier, the index continues to have the 56,000 zone as the important support, which needs to be sustained as of now. Once a decisive breach above the resistance level of 57,600 is breached, one can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment — recommended three intraday stocks for today under ₹ 100: RattanIndia Power, TTML, and Jain Irrigation. 1] RattanIndia Power: Buy at ₹ 15.92, Target ₹ 18, Stop Loss ₹ 15. 2] TTMLL: Buy at ₹ 65, Targets ₹ 68, ₹ 70, Stop Loss ₹ 63; and 3] Jain Irrigation: Buy at ₹ 56, Targets ₹ 59, ₹ 61, Stop Loss ₹ 54. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
30-06-2025
- Business
- Mint
RattanIndia Power share price jumps another 11%, rallies 35% in June. What's powering the rally?
RattanIndia Power share price in focus today: Maintaining its strong bull run for the fifth consecutive trading session on Monday, June 30, shares of RattanIndia Power, a small-cap stock, gained another 11% to reach ₹ 15.90 apiece on a strong spike in trading volumes, taking the five-day cumulative gain to 18%. A total of 400 million shares have exchanged hands on both the NSE and BSE as of 12:30 p.m. The company has witnessed a steady rise in demand for its shares on the Indian stock market in recent months, with June alone delivering a return of 35%, its biggest monthly gain since May 2024. It has ended the last four months in the green, including the ongoing month, with a total gain of 72%. The sharp rise in value has also drawn attention from the exchanges, which sought clarification on the sudden surge. In response, the company stated that no material information or announcement requiring disclosure under applicable regulations had been made, nor had any such information been withheld, as per its June 10 filing. After hitting a 13-year high of ₹ 21 in June 2024, the stock came under sustained selling pressure over the following months, losing nearly 60% of its value by February 2025. However, it managed to break its prolonged losing streak in March 2025 with a 10% gain, and the momentum continued over the next three months. Despite the strong comeback after a long period of weakness, the stock still trades well below its all-time high of ₹ 45, which it had touched in October 2009, its listing year. Looking at its annual performance since then, the stock remained volatile, ending seven out of the next 11 years in the red. The tide, however, turned in its favor in 2023, when the stock closed the year with a gain of 126%. This was followed by another 52% gain in calendar year 2024. In the current year so far, it has added another 13%. RattanIndia Power is one of the leading private power generation companies, with an installed capacity of 2,700 MW of thermal power plants at Amravati and Nashik. For the March-ending quarter, the company reported a net profit of ₹ 126 crore on ₹ 936 crore of revenues. For the full FY25, the company reported a net profit of ₹ 222 crore on ₹ 3824 crore in revenues. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.