RoE
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Power Grid has moved up sharply. What should investors do now?
The Indian power sector has been in the spotlight with surging electricity demand, a governmental drive towards renewable energy transition, and higher capex outlay in power generation and transmission space. Power transmission PSU, the Power Grid Corporation of India (PGCIL) has been a key beneficiary, with its stock having surged by around 190 per cent (300 per cent if dividends are included) in the last five years.