Close [X]
Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details

Power utilities' shares gain on Delhi tariff increase

Reuters/ 28 Jun 12 | 12:18 AM

Power utilities Reliance Infrastructure rose 1.7 per cent, while Tata Power added 2.2 per cent. Delhi Electricity Regulatory Commission (DERC) proposed an increase in power tariffs in New Delhi effective July 1.

Tariff for household consumers would go up by 24 per cent and prices for commercial consumers will be increased by 19.5 per cent, the DERC mandated.

Related Stories

    No Related Stories Found
Widgets Magazine

State-run power sector lenders such as Power Finance Corp and Rural Electrification Corp also gained on expectations utilities would be better placed to pay back their loan commitments.


Widgets Magazine


Company Price Gain (%)
Bharti Airtel317.502.07
Hero Motocorp3,401.851.33
Maruti Suzuki5,805.050.40
O N G C289.900.28
HDFC Bank1,253.750.27


Will the Nifty top 9,000 mark by Diwali?

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine