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VERIFIEDMint Markets·positive
Hitachi Energy, GVTD to CG Power: Citi is bullish on these electric equipment stocks. Should you buy?
AI Summary
- ·Citi estimates HVDC projects alone could represent an opportunity of around ₹1.6 trillion for equipment manufacturers.
- ·The brokerage expects global transmission and distribution capital expenditure to exceed $15 trillion between CY25 and CY50.
- ·Citi is bullish on electric equipment stocks including Hitachi Energy and CG Power.