These three stocks are witnessing a surge as the week starts!

Ambuja Cement, JSW Energy and Tata Power are today's mid-day movers.

Ambuja Cement Ltd, which is a member of the Holcim Group is one of the leading cement companies in India. As industrial growth, rural development, and the building of roads are normalizing and proceeding towards pre-covid levels the demand for cement is bound to increase. The Union Budget has allocated Rs 48,000 crore towards the Pradhan Mantri Awas Yojana for the execution of 8 million houses in FY2022-23. The company is expecting 7 per cent industry growth and is well prepared for it. Today, at 1:40 pm, the scrip is trading at Rs 362.65 witnessing a 7.53 per cent surge. 

Tata Power Ltd is the largest power generation company in India. As per today’s trending news Saudi Arabia's Public Investment Fund is interested in buying a stake in Tata Power’s green energy, power transmission and distribution businesses. Today, at 1:40 pm, the scrip is trading at Rs 283.80 witnessing a 2.05 per cent surge. 

JSW Energy Ltd is among India’s leading private sector power producing companies. Recently, its subsidiary has started operations at its 225 MW solar power plant in Vijayanagar, Karnataka. It has also signed a 25-year power purchase agreement with JSW Steel for solar and wind power developments. Today, at 1:40 pm, the scrip is trading at Rs 359.85, witnessing a 4.99 per cent surge.