Alongside Suzlon, state-run BHEL is expected to have a positive quarter with a 12% revenue rise, driven by a pickup in execution and increasing share of new orders, the brokerage said.
Meanwhile, earlier, in an exchange filing on March 9, 2026, the company announced it had completed the first tranche of its investment in Dorjilung Hydro Power Limited (DHPL).
Earlier on March 9, 2026 , Tata Power informed exchanges about the completion of the first tranche of a investment in Dorjilung Hydro Power Limited (DHPL). The company has invested Rs 50 crore to acquire a 40% equity stake.
Companies like Adani Green, Jindal Power, JSW Energy, and Adani Power Ltd are currently leading the pack in the Day-Ahead Market (DAM) segment, as per market share, the brokerage noted.
JM Financial said the likely passage of a bill during Parliament’s monsoon session, July–August 2026, will open up huge opportunities for Tata Power, Adani Energy Solutions, CESC and Torrent Power, among others.
Tata Power share price today: Tata Power shares were trading on a flat note at Rs 404.15 on BSE. Market cap of the firm rose to Rs 1.29 lakh crore.
Vodafone Idea Ltd (VIL), State Bank of India (SBI), Tata Steel Ltd and YES Bank Ltd are among 17 of the 20 stocks with the highest number of retail investors that have fallen up to 15 per cent since February 28.
"Given the current geopolitical developments, we envisage higher probability of a scenario of persistently high LNG prices and intense summer," JM Financial added.
On the IT sector, the market expert cautioned that the coming months could remain challenging. He advised investors to stay away from the pack in the near term.
HDFC Life’s large additions in January included Astral Pipes at Rs 178 crore, Groww at Rs 74 crore and Biocon at Rs 49 crore.
Adani Power vs Tata Power share price: While Adani Power shares have gained 13% post Q3 earnings, Tata Power shares are largely unchanged since February 4 (earnings date).
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