Power India – Momentum Stock Riding Infrastructure Wave

continues to trade in a strong structural uptrend on the weekly chart. Despite intermittent pullbacks, the stock has consistently formed higher highs and higher lows. Technical Setup: Strong bullish structure with price trading near lifetime highs. Weekly trend intact above rising EMAs. RSI sustaining in bullish territory, reflecting trend strength. Healthy volume participation during breakout phases. Minor pullbacks being bought aggressively. Fundamental View: Direct beneficiary of power transmission and grid modernization theme. Strong execution pipeline aligned with energy transition. Revenue growth backed by government and private capex. Margin expansion driven by scale and operating efficiency. Sector tailwinds from renewable integration and grid upgrades.