India emerging power sector stock | Portfolio Addition | Indian Stocks to Make You a Millionaire

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India emerging power sector stock | Portfolio Addition

Posted By On 2:25 PM Under

1. India is a power hungry state and thus focused power sector stock will always be able to overcome the hurdles like recession.

2. Tata Power is a stock which can be considered for adding in the portfolio.

3. Tata Power has an installed capacity of 2,400 MW and company is providing the power in Delhi and Mumbai and has even tied up with Power Grid Corp to explore opportunities in transmission. On scrutiny of its balance sheet one finds that it has a healthy balance sheet which enables it to capitalise on emerging opportunities and same iview is also shared by the analysts at brokerage firm IDFC SSKI.

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