Power Stocks Trade Mixed Despite Launch of Saubhagya Scheme

Posted By: Religare
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Power company shares were trading mixed in the early morning trade on BSE on Tuesday after the Prime Minister, on Monday, unveiled a flagship programme called "Saubhagya — Pradhan Mantri Sahaj Bijli Har Ghar Yojana" to provide power to all households in the country by December 2018.

Power Stocks Trade Mixed Despite Launch of Saubhagya Scheme
Adani Power: Quotes, News
BSE 29.05BSE Quote0.2 (0.69%)
NSE 29.05NSE Quote0.15 (0.52%)

Siemens, Bharat Heavy Electricals, CESE, Reliance Infrastructure and Power Grid Corporation were trading higher by up to 1 per cent, while Tata Power, JSW Energy, NTPC and Adani Power were trading 1% lower on BSE.

The Rs 16,320-crore scheme aims at providing "last-mile electricity connectivity to all rural and urban household.

Read more about: adani power
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