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Stocks that will see action today: August 28, 2023 - The Hindu BusinessLine

Stocks that will see action today: August 28, 2023 - The Hindu BusinessLine
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BHEL receives Rs 2241 86 crores order from NHPC

BHEL receives Rs 2241 86 crores order from NHPC
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Fuel Cell Market Eyeing Phenomenal Growth at a healthy CAGR of 14 5% | Market Research Future (MRFR)

COVID-19 Analysis The COVID-19 outbreak had a negative effect on the global fuel cell technology market owing to a lack of finances for research & development activities, project delays, and supply chain disruptions. The current demand for hydrogen from the chemical sector, steel manufacturing, and oil refining has been affected by the outbreak. Market Segmentation The MRFR report throws light on an inclusive analysis of the fuel cell technology market based on application and type. By type, the global fuel cell technology market is segmented into PAFC, DMFC, SOFC, MCFC, PEMFC, and others. Of these, the PEMFC segment will lead the market over the forecast period for the advances in technology.

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Biofuels Market to witness significant growth at a healthy 5 10% CAGR | Market Research Future (MRFR)

COVID-19 Analysis The COVID-19 outbreak has turned the world upside down. It has impacted the worldwide economy and also cast its shadow on different industries, which also includes the biofuels market. This industry has been hit hard due to the sharp decline in the demand for fuel across the country, with residents following the federal, state, and local guidance to minimize travel and practice social distancing. Lockdown measures have resulted in a contraction in demand for transport fuels into which the biofuels are blended. Besides, low prices of oil mean biofuels are less competitive, thus will struggle to maintain the market share. The aviation industry is the hardest hit from the ongoing crisis, with most airlines needing government bailouts while others are facing bankruptcy. Thus investments in bio-jet programs may suffer. Biofuel producer margins have faced tremendous pressure for low oil prices, supply disruptions affecting feedstocks, and reduced demand. Low margins fo

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