India’s power industry is poised to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, and plans to expand these to other neighbouring nations.But this growth potential comes with significant challenges, so tread carefully.
4 min read30 Jul 2024Experts foresee positive outlook for power PSU stocks due to capacity expansion, policy support, infrastructure development, and strong financial performance. Government’s emphasis on renewable energy projects and improving DISCOMs’ financial health are seen as key drivers for power PSUs.
4 min read25 Jul 2024Hedge funds are fighting to win top traders of electricity and natural gas. But some question whether the outsize profits of recent years can be repeated.
5 min read7 Jul 2024HSBC Securities expects cooling of stock valuations due to capacity additions, effective management, La Nina, and high base effect, advising a more calibrated view on India’s power sector.
3 min read4 Jul 2024Power-related stocks surged in today’s trade as market sentiment was boosted by expectations of the BJP-led NDA’s victory. Exit polls predict a comfortable win for the alliance, driving optimism in the power sector with stocks like Adani Power and Power Grid reaching new highs.
3 min read3 Jun 2024Power stocks are surging due to increased power demand from economic activities, with major players like Suzlon Energy and Bharat Heavy Electricals showing significant gains. The country’s power consumption is rising, driven by industrial and household sectors.
3 min read21 May 2024The brokerage is overweight on NTPC, PowerGrid, and ReNew while retaining an underweight rating on IEX and Adani Green.
6 min read6 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared