Energy Development Company Ltd. Share Price

TD Power Systems (TDPOWERSYS), the latest fundamental news

IREDA shows bullish divergence near ₹115!!

IREDA shows bullish divergence near ₹115 Indian Renewable Energy Development Agency Limited (NSE: IREDA) was around ₹114.82 on September 29, with a bullish divergence developing near its monthly pivot. Why it matters The technical setup identifies improving momentum despite recent price action. The hourly chart is also showing a sharp momentum surge, indicating increased short-term buying interest. The published setup identifies ₹115-113 as the potential entry zone, ₹128 as the target and ₹107 as the stop-loss. These are analyst-published levels, not my independent price targets. My view The ₹113-115 zone is the key technical area. Holding this zone would keep the bullish-divergence setup intact, while a breakdown below ₹107 would invalidate the published risk structure. What I am watching ₹113 is the lower end of the published entry zone. ₹107 is the published stop-loss, while ₹128 is the analyst-published target.

IREDA breaks above ₹111 resistance!!!!!!!

IREDA breaks above ₹111 resistance Indian Renewable Energy Development Agency Limited (NSE: IREDA) closed at ₹113.22 on September 25, gaining 2.83%. The stock moved above its ₹111.46 second-resistance level. Why it matters The stock also cleared the first resistance at ₹110.79. The technical pivot is ₹109.92, while the next resistance is ₹113.00. Support levels are ₹109.25, ₹108.38 and ₹106.84. Volume stood at about 85.08 lakh shares during the session. The move places IREDA above both identified resistance levels, making ₹111.46 an important level to monitor in the next session. My view The short-term structure has improved after the breakout. The key question now is whether ₹111.46 can hold as support rather than the stock returning below the breakout zone.

Oswal Pumps secures LoI worth Rs 297.50 crore from TGREDCO

Oswal Pumps has secured a Letter of Intent (LoI) worth around Rs 297.50 crore (including GST) from the Telangana Renewable Energy Development Corporation (TGREDCO). The LoI is for the design, supply, installation and commissioning of 2 kW, 5 kW and 10 kW on-grid solar rooftop PV power plants across 9,937 government schools in 33 districts of Telangana. The project covers an aggregate capacity of 46,705 kW (46.7 MW) and includes the deployment of Mono PERC/TOPCON solar modules, along with normal structures, RMS and comprehensive maintenance for a period of five years. The Installation is to be completed within 180 days from the date of receiving of work order. Impact : New Business Vector: Successfully executing an Engineering, Procurement, and Construction (EPC) rooftop solar mandate of this scale shifts Oswal Pumps from being viewed merely as a component/pump manufacturer to a full-fledged renewable infrastructure player. View: The stock has corrected significantly from its 52-week high of ₹803.45 to trade near ₹283.90, rendering its valuation increasingly attractive for a high-growth renewable player. Disclosure : I do not hold any position in the mentioned stock. Disclaimer : Investment in securities are subject to market risk. This is only for educational purpose.

Oswal Pumps Secures Telangana Solar Rooftop Order

Oswal Pumps secures ₹297.5 Crore Telangana Solar Order

Oswal Pumps Ltd