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India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
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.
Tata Power Q4 Results: Profit slips 4% YoY to Rs 996 cr, revenue falls 13%
Tata Power Q4 Results: Tata Power reported a consolidated net profit of Rs 996 crore for Q4 FY26, a 4% year-on-year decline, while revenue fell 13%. The company achieved its highest-ever annual PAT of Rs 5,118 crore for FY26, driven by strong performance in its renewables, solar manufacturing, and transmission and distribution businesses.