DSIJ Mindshare

Power stocks: A silent, no-fuss compounder with ten stocks turning multibaggers in just 18 months!

Power stocks are expected to report good earnings growth, owing to higher-than-expected power demand in Q1FY23 along with the overall improved merchant realisations

Karan Dsij 2 28169 Article rating: 4.1

Last year, nothing could have been worse than the leading countries facing a power crunch. The extent of this power crisis was so grave that it forced China to implement rolling blackouts for energy-intensive industries.  

This single-digit PE and attractive-dividend yield power stock is on the verge of a multi-month breakout!

Sustaining above the levels of Rs 101-Rs 103 would result in the breakout.  

Karan Dsij 0 895 Article rating: 3.6

Interestingly, the stock, in the first hour of the trading itself, has witnessed a huge surge in the volume as it managed to cross a volume of 25 lakh shares. 

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