Citi initiates bullish calls on transmission sector stocks

Citi initiates coverage on transmission sector with bullish stance, citing strong growth in power infrastructure. The brokerage highlights a transmission boom driven by rising power demand and grid modernization, boosting investor sentiment. Hitachi Energy, GE Vernova T&D, and CG Power surged over 5% on the news. The sector is poised for significant capex inflows in the coming years.

📊 STOCKS: HITACHIEN, GEPIL, CGPOWER | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #BrokerCall