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Market move▲ Bullish for Transformers And Rectifiers

Multibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?

1 source · first seen 12:23 1 Oct · updated 12:23 1 Oct

The brief

Written from 1 report · check the source before you trade
  • TARIL shares rose over 10% after approval of the ₹1.36 lakh crore PM-DHARA Scheme for transmission infrastructure
  • Transmission investment may support Transformers & Rectifiers and other power-equipment makers

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PM-DHARA transmission and renewable-energy scheme

The government announced a ₹1.86 lakh crore PM-DHARA scheme for transmission and renewable energy. Reports named Power Grid, KEI Industries, Polycab and Transformers & Rectifiers among potential beneficiaries, while an analyst said the plan could create a multi-year opportunity for transmission equipment makers.

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1 report · earliest 12:23
MintMultibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?12:23