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Citi initiates coverage on 4 power equipment stocks, forecasts up to 43% EPS growth through FY30

Posted on June 4, 2026
By Financial Express
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1 min read

Citi initiates coverage on 4 power equipment stocks, forecasts up to 43% EPS growth through FY30

India’s power transmission boom is gathering pace as renewable energy, data centres and industrial demand reshape the grid. Citi sees select equipment makers emerging as key beneficiaries of the next infrastructure cycle.