The National Committee for Transmission (NCT) has recommended transmission projects worth ₹22,540 crore for the Ministry of Power's approval, marking a significant push towards enhancing India's power infrastructure.
Genus Power known for manufacturing and supplying power infrastructure equipment, including meters and other electrical components. Genus could potentially benefit from new transmission project. It has a growing presence in power distribution and transmission solutions.
Technical chart of Genus also formed VCP pattern and BO nicely after each resistance faced. Still upsides potential up to 30% is there.
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