Nomura initiates coverage on CG Power, GE Vernova and Apar Industries with ‘buy’ rating, sees up to 49% upside | Stock Market News

Nomura initiates coverage on CG Power, GE Vernova and Apar Industries with ‘buy’ rating, sees up to 49% upside | Stock Market News

Source: Live Mint Japanese brokerage firm Nomura in its latest report highlighted that India’s power transmission sector is set for robust growth, fueled by rising electricity demand and ambitious targets for renewable energy capacity expansion. According to the Central Electricity Authority, the sector is expected to attract USD 110 billion in investments between FY22 and…

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