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BSE Power index hits over 10-year high; analysts advise booking profit

On Tuesday, the S&P BSE Power index hit a 10-year high of 3,008, a level last seen in January 2011, in intra-day trade. Adani Power, meanwhile, hit a record high of Rs 151

Topics
Buzzing stocks | Power Sector | Adani Power

Deepak Korgaonkar & Nikita Vashisht  |  Mumbai / New Delhi 



power, electricity, IIP, grids, cyber security, demand, discoms, distribution, companies, firms, transmission, transformer, workers
The industrial and commercial power demand in the country grew at 12.6 per cent in the first week of June

Shares of power generation and distribution companies have rewarded investors handsomely over the past two months with returns of Reliance Infrastructure, JSW Energy, Adani Power, Power Grid Corporation, NTPC, Tata Power, and Torrent Power ranging between 8 per cent and over 90 per cent. In comparison, the frontline Sensex index has advanced around 6 per cent while the BSE Power Index added 17 per cent during the period, ACE Equity data show.

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First Published: Tue, June 08 2021. 11:03 IST

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