With 220% returns in one year, here are four reasons to keep buying power stocks

  • Posted on September 27, 2024
  • By Business News Today
  • 2 Views
With 220% returns in one year, here are four reasons to keep buying power stocks

Electrification is a global trend, gaining momentum from electric vehicles (EVs) and data centers, according to a Motilal Oswal report. Power stocks have thrived, with the 13-stock BSE Power index yielding 90% returns over the past year. Four stocks delivered multibagger gains of 221% to 103%, while others achieved high double-digit returns of 94% to 75%.
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