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Could power stocks witness a rally like defence stocks in 2024?

Will power stocks power ahead in 2024? Find out… ....

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Adani's power transmission biz to be "biggest beneficiary" of 2024's game-changing reform: Jefferies

According to the brokerage s analysts, the Electricity Distribution Act will be back on the table after the May 2024 elections ....

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deven choksey: Wait for results before getting into IT stocks; be more careful on power stocks: Deven Choksey

Deven Choksey says: “I would say that despite all the positives, if the valuations go up in a hurry, there may be a situation of some kind of a time correction if not price correction into the stocks at some point of time. One will have to wait and see. I am not bearish but at the same time I would like to be a little bit more careful in adding the power stock into the portfolio.” ....

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CGD: Harshvardhan Dole on his top picks among GCD, OMC and power stocks

Harshvardhan Dole says: “One must align the allocation more towards generation and distribution. From a pecking order perspective, we like NTPC the most, followed by distribution entities like Torrent Power and CESC. And then the usual suspects will follow, which is Power Grid etc. But NTPC continues to be a preferred stock.” ....

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2023 in Review: All 13 Maharatna stocks delivered positive returns last year, REC best performer; check full list

Power stocks lead the way with Rural Electrification Corporation and Power Finance Corporation achieving multibagger returns. Bharat Heavy Electricals and NTPC also saw significant gains. India s fuel retailers, including IOC, BPCL, and HPCL, rallied due to improved refining margins. ....

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