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VERIFIEDET Markets·positive
Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surge
AI Summary
- ·Hitachi Energy India, GE Vernova, TD Power, and CG Power saw stock price increases on Thursday.
- ·The surge was influenced by Nvidia's strong data-center growth and optimistic revenue outlook.
- ·US restrictions on Chinese power equipment are expected to increase demand for Indian suppliers.