The stake is being acquired from IL&FS Group companies namely IL&FS Energy Development Company Ltd (EDCL) and IL&FS Financial Services Ltd (IFIN).

NCLT grants approval for acquisition of IL&FS’s stake in OTPC by GAIL

IL&FS has sought request for proposals to sell the stake of IL&FS Energy Development Company Ltd (IEDCL) in Shendra Green Energy Ltd (SGEL).SGEL is a 100 per cent subsidiary of IEDCL.In an advertisement, IL&FS has said that LSI Financial Services Pvt Ltd is the transaction advisor…

IL&FS plans to sell stake in Shendra Green Energy

United Spirits Ltd, Anant Raj Global Ltd, Dynacons Systems & Solutions Ltd and Energy Development Company Ltd are among the other losers in the BSE’s ‘B’ group today, 28 January 2021.

Mold-Tek Packaging Ltd Partly Paidup leads losers in ‘B’ group

Energy Development Company Ltd, Eurotex Industries and Exports Ltd, Vikas Multicorp Ltd and Kwality Ltd are among the other losers in the BSE’s ‘B’ group today, 20 January 2021.

JSW Ispat Special Products Ltd leads losers in ‘B’ group

IL&FS has invited Expressions of Interest (EoI) for the sale of its energy advisory business undertaking of IL&FS Energy Development Company Ltd (IEDCL).

IL&FS receives binding offer for IEDCL, invites more EoIs

Energy Development Company Ltd, Bal Pharma Ltd, Ujaas Energy Ltd and Aarti Drugs Ltd are among the other losers in the BSEs B group today, 13 October 2020.

Jindal Poly Investment & Finance Company Ltd leads losers in ‘B’ group

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Energy Development Company Ltd - Electricity Generation At Ullunkal Hydro Electric Project Stopped Due To Rain - Investing.com India

Kuantum Papers Ltd, Jindal Photo Ltd, Clariant Chemicals (India) Ltd and Energy Development Company Ltd are among the other losers in the BSEs B group today, 20 July 2020.

IIFL Securities Ltd leads losers in ‘B’ group

ONGC, IL&FS Energy Development Company Ltd and Tripura Government had formed a special purpose vehicle ONGC Tripura Power Company (OTPC) to implement the project.

Tripura govt seeks VAT waiver of ONGC Tripura Power Company to examined

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Energy Deavelopment Company is engaged in the generation and transmission of electric energy produced in hydroelectric power. The Company is also engaged in the construction and maintenance of roads, rails beds, bridges, tunnels and pipeline.