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Top related persons:
Jonathan Pines - 1 it's - 1 Pines - 1 Rohit Natarajan - 1 SJVN - 1 Sudhanshu Bansal - 1 GAIL India - 1 GAIL - 1
Top related locs:
India Pines Japan India's U.S Uttarkashi Uttarakhand Mumbai
Top related orgs:
REUTERS - 2 Thomson - 2 Federated - 1 Antique - 1 JM Financial - 1 Federated Hermes Asia - 1 Transport - 1 Authorities - 1

Search resuls for: "SJVN"


4 mentions found


☆ Many Indian stocks are in a 'bubble,' investor says, revealing the stock he just sold
  + stars: | 2024-05-16 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +4 min
India's mid-cap stocks are in a "bubble" despite the country's promising economic prospects, according to contrarian fund manager Jonathan Pines. Pines added that he's unable to justify current stock prices, even when accounting for "aggressive assumptions" about future growth in India's mid-cap stocks. The mid-cap 'bubble' Pines revealed that his fund recently held two Indian stocks, one of which was SJVN . SJVN, a mid-cap stock in the hydropower energy sector, has experienced a "vertical price" movement, which Pines attributed to a potential bubble in the Indian mid-cap market. The only 'reasonable' Indian stock On the other hand, GAIL India , a natural gas distribution company, remains the sole Indian stock in Pines' portfolio.
Persons: Jonathan Pines, it's, Pines, Rohit Natarajan, SJVN, Sudhanshu Bansal, GAIL India, GAIL Organizations: Federated, Antique, JM Financial, Federated Hermes Asia Locations: Pines, Japan, India, India's, U.S
☆ Rescuers drill to send more food to trapped workers in Indian tunnel
  + stars: | 2023-11-20 | by ( Saurabh Sharma | ) www.reuters.com   time to read: +2 min
[1/3] Rescuers move machines past a tunnel where workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 19, 2023. REUTERS/Saurabh Sharma Acquire Licensing RightsSILKYARA, India, Nov 20 (Reuters) - Rescuers are trying to send cooked food and set up a phone connection to 41 workers trapped for eight days in a collapsed tunnel in the Indian Himalayas as they explore fresh rescue plans after previous attempts stalled, officials said on Monday. The men have been stuck in the highway tunnel in Uttarakhand state since it caved in early on Nov. 12 and are safe, authorities said. They have access to light and supplies of oxygen, dry food, water and medicines are being sent via a pipe. "Our priority is to save 41 lives who are trapped inside the tunnel.
Persons: Saurabh Sharma, Bhaskar Khulbe, Nitin Gadkari, Gadkari, R.C.S, Panwar, Jasvant Kapoor, Shivam Patel, Raju Gopalakrishnan Organizations: REUTERS, Transport, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India
☆ India shares close at two-week low as hawkish Fed spooks investors
  + stars: | 2023-09-21 | by ( Sethuraman N R | ) www.reuters.com   time to read: +2 min
The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. Both the indexes fell for a third straight session on Thursday, losing as much as 1%. The Fed on Wednesday held key interest rates unchanged as widely expected, but warned that the battle against inflation was far from over. Higher interest rates dry up liquidity from the markets, increasing the cost of capital. The small-cap and mid-cap stocks fell 1.3% and 0.9% on Thursday, respectively.
Persons: Francis Mascarenhas, Siddhartha Khemka, Janane Organizations: Bombay Stock Exchange, REUTERS, Rights, U.S . Federal Reserve, BSE, Motilal Oswal Financial Services, Fed, . Banking, Sethuraman NR, Thomson Locations: Mumbai, India, Bengaluru
☆ Goldman names Indian stocks to buy ahead of a 'generational shift,' giving one 30% upside
  + stars: | 2023-07-26 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
"We believe India's electricity sector is going through a generational shift as the country looks to balance the economic growth with decarbonization," Goldman Sachs analyst Nikhil Bhandari told CNBC's "Street Signs Asia". Bhandari also told CNBC that India has a unique opportunity in green hydrogen thanks to the viability of round-the-clock renewable electricity. "This is unlike China, where we feel around the clock renewable electricity will be more economical towards the end of the decade." Goldman has a 12-month price target of 265 Indian rupees ($3.24) on NTPC, representing more than 30% upside from the current share price. Shares of SJVN have already risen past Goldman's price target of 55 Indian rupees and now carry a downside risk of 6%.
Persons: Goldman Sachs, NTPC, Nikhil Bhandari, CNBC's, Bhandari, Goldman, — CNBC's Michael Bloom Organizations: CNBC, Tata Power Locations: India, China, NTPC
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