Multibagger power stock Transformers & Rectifiers share price jumps 10% after PM-DHARA push - Can the rally continue?
A infrastructure development with market-wide reach.
· LiveMint Markets
TARIL shares rose over 10% following the approval of the PM-DHARA Scheme, which allocates ₹1.36 lakh crore for transmission infrastructure. The company's orders in the nuclear sector and increased capacity position it well amidst growing demand for power transformers.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- Sector exposure: Power.
- The immediate tone of coverage reads positive.
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