LARGECAP POWER STOCK IN THE NEWS AFTER WINNING ORDER FOR LONG TERM POWER SUPPLY

stock remained in focus after having received a Letter of Award from Maharashtra State Electricity Distribution Company Ltd for a long-term power supply deal. The company will supply 1,600 MW of power from one of it's upcoming ultra-supercritical thermal power projects. This order will be under a 25-year Power Supply Agreement with supply expected to begin from FY31. The company has delivered good profit growth of 65% CAGR over last 5 years, and it's stock price has several times faced resistance at Rs 170 levels. Any breakout above this price could suggest a bullish momentum. Overall, the power sector remains in focus as investors track order wins, demand outlook, and capacity additions by major players.