India’s power demand to fire-up multibaggers BHEL, Suzlon Energy: Nuvama
India’s growing appetite for power will likely create strong tailwinds for PSU stocks like Bharat Heavy Electricals (BHEL) and NTPC and their private renewable energy peers Suzlon Energy and Inox Wind, Nuvama said in a note.
Notably, BHEL, Suzlon and Inox are already shining bright with multibagger returns in the last 1 year while NTPC is inching towards it.
