Sat, Feb 10, 2024 1:03 PM
Sovereign Gold Bond price fixed at Rs 6,263/gm; issues opens Monday
A Flip by Avya Verma
India aims to produce 5 million tonnes of green hydrogen annually by 2030, reducing fossil fuel imports by $12.5 billion, and creating 600,000 jobs, as part of its National Green Hydrogen Mission. This effort seeks to decarbonize hard-to-abate sectors like steelmaking and oil refining, and transition towards a low-carbon fuel source.
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At the start of today's trading session, the Sky Gold Ltd stock opened at Rs 3593.25 per share, compared to the previous day's closing figure of Rs 3422.15 per share on the BSE. Today the shares rallied and hit the upper circuit and are at Rs 3593.25 per share. The company's current market capitalization stands at Rs 5,265 crore, and the stock has generated an impressive multibagger returns!
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Mumbai: Shares of city gas distributors Indraprastha Gas (IGL) and Mahanagar Gas (MGL) were among the top losers in Monday's trading after the government cut their gas allocations under the cheaper APM (administered price mechanism) over the weekend. The move triggered a spate of rating downgrades by analysts, who are mostly advising investors to sell the stocks for now.
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