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Dipan Mehta sees long-term opportunity in PG Electroplast, Kitex and power plays
Dipan Mehta, Director of Elixir Equities, says India’s air-conditioner outsourcing story remains a strong long-term opportunity, with companies like PG Electroplast and Amber benefiting from rising demand and scale advantages. He is also positive on power transmission players linked to renewable energy growth, sees export opportunities emerging from rupee depreciation, and expects textiles and select pharma names to deliver strong growth despite near-term market volatility.
Hitachi Energy Shares In Focus Jefferies Doubles Target Price Amid Data Centre Demand
The firm raised its FY27 and FY28 EPS estimates by 10% and 27%, respectively. This comes on the back of a robust demand trend across the power transmission and distribution sector.
SBI Life, Power Grid, consumer stocks: Why HDFC Securities' is buying into all three right now
Unmesh Sharma, Head of Institutional Equities, HDFC Securities, holds an overweight on SBI Life at 120 bps in his model portfolio. On IT, he has moved from underweight to neutral, calling valuations below 20x a buying opportunity. Private banks trading below 2x price-to-book are a strong aaccumulation he says. Consumer names — Asian Paints, Crompton, Sobha — are turning interesting after valuation correction. Power Grid Corporation carries a 2% overweight, with transmission its cleanest play on India's power theme.
Evening peak power demand exposes gaps in India’s energy transition: Citi
India's power sector is shifting focus from electricity shortages to ensuring reliable power during non-solar hours. Rapid renewable energy growth creates challenges for evening and night-time demand. The country needs enhanced transmission and storage infrastructure. Battery storage and flexible thermal generation will be crucial. Delays in capacity additions could lead to power shortages. Coal power will remain important.