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Shaoni Choudhury
Updated Oct 01, 2021 | 21:02 IST
Kunal Bothra: Powering Ahead
(Representational Image) 

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  • Top energy bets to pump up
  • Should you buy energy stocks?

As the shares of Tata Power climbed higher hitting a new high in 13 years, our market experts presented their take on the power stocks in today's trading session.,betika jackpot

free poker games download,MD and CEO of Enoch Ventures, Vijay Chopra feels that the whole industry as a whole is seeing India's power demand growing at the rate of 2-6% per annum. With the ongoing EV initiative, he feels that we will require a lot of power, as the portion of fossil fuels will be substantiated with the requirement of power.

lotto,He says that the next 5 years are going to be tremendously interesting in this area and we have seen the likes of Reliance investing to the tune of Rs 75,000 to Rs 1,00,000 Crores in this area. They would invest big time in solar, which is another clean energy initiative by Reliance.

Many more according to him are joining the bandwagon - the Adani group is also jumping into this space with huge capital. He feels that the entire space is going to be interesting. He says that we are going to see more action in the space - the government is also doing a lot in the power reforms as well.,free slots casino games

in bet,He says that there are a lot of power companies like Power Grid, NTPC which are completely undervalued. He says that he sees a lot of value in these companies and if anyone asks if we can bite into these stocks right now, then he would say yes, in any correction he would love to buy a stock like Power Grid.

He says that there are great opportunities even now. He likes Tata Power in the private space a lot because it is a backward and forward integrated company.,football games 2019 download

gambling legal,Tata Power is working on a project wherein they are going to connect the highways with EV charging stations. And so are a lot of petrol pumps, BPCL, HPCL is planning EV charging stations across highways. So this whole space he feels is going to have a lot of action in the coming time.

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  1. Tata Power
  2. Power Grid
  3. PTC
  4. NTPC

bet365 shops near me,Market expert Kunal Bothra also seems very bullish on the power pack. Tata Power, Torrent Power, NTPC and many of these stocks have done very well for themselves according to him.

fifa 21 competitions,He thinks that it warrants a good long-term buy even from current levels. Stocks like Tata Power have just broken out of their 10-year highs in that regard, so he feels that the 12-13 months price rally has been stupendous for these names, but when we look at the context of the last 10 years, the stocks have just about managed to go into a big breakout mode.

bet365 shops near me,So purely in that sense, Kunal feels that there should be more upside on these power stocks and we should look to buy these stocks.

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