*HUGE TRIGGER FOR POWERGRID: Rly to Electrify 30000 km*
Indian Railways has decided to Electrify 30000 km track @ 8000 km each year at 35000 crore capex.
PowerGrid with existing network of *140000 km of transmission lines will be main contender and LARGEST recipient of Rly order*. PowerGrid had already secured trial tender for 800 km earlier.
*CLSA On Power Grid*
_Best is yet to come_
Raise EPS by 1-2%
*Buy with TP 260*
Pipeline of $20bn is likely to capitalise by FY21
BUY PGRID of India ; 🎯 *TP 252 : Edelweiss*
Edelweiss is bullish on Power Grid Corporation has recommended BUY rating on the stock with a target price of Rs 252 in research report
Denofwealth: PowerGrid is crown jewel of PSUs having finest strongest mgtmnt with vision. *Largest transmission co in the world*
CLSA and Edelweiss TP without potential of Rly orders
*PowerGrid must for every portfolio. Can be 3x in 3 years*
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