1. After accumulating for almost 20 days, the stock is forming it’s base at ₹130 (Decade old highs).
2. With the ongoing policies of the government pertaining to power sector to streamline DISCOMS, and push towards electric cars, will impact the performance of the stock positively.
3. Increased infrastructure in states like Jharkhand and Odisha will also give it a natural lead.
4. It’s pact with Japanese company for lithium ion batteries has strengthened its core.
* it is also in race for the tender of providing electricity to the state of UP
2. With the ongoing policies of the government pertaining to power sector to streamline DISCOMS, and push towards electric cars, will impact the performance of the stock positively.
3. Increased infrastructure in states like Jharkhand and Odisha will also give it a natural lead.
4. It’s pact with Japanese company for lithium ion batteries has strengthened its core.
* it is also in race for the tender of providing electricity to the state of UP