Policy▲ Bullish for RITES

PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia

1 source · first seen 12:29 1 Oct · updated 12:29 1 Oct

The brief

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PM-DHARA's ₹1.86 lakh crore scheme is expected to create a multi-year opportunity for transmission equipment makers
Railway and metro spending should support RITES
Transmission-equipment makers and RITES may benefit from multi-year power, railway and metro spending

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PM-DHARA Scheme2 today Power transmission8 today Railways5 today RITES₹209.05 · 2 today Power sector25 today Infrastructure25 today

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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.

Thursday, 1 October

12:29You are here
PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia
12:23
Multibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?
08:502 sources
Power stocks fall despite ₹1.86 lakh crore PM-DHARA scheme: Tata Power, Adani Power, NTPC, Power Grid in focus
06:422 sources
PM Dhara Scheme Unveiled - These stocks could be the likely beneficiaries

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1 report · earliest 12:29

CNBC-TV18PM DHARA's ₹1.86 lakh crore scheme opens multi-year opportunity for transmission companies: Elara's Harshit Kapadia12:29