Power companies’ shares rally as PM Modi vows to delicense distribution

Shares of Bharat Heavy Electrical Ltd closed 7.3% higher on the BSE on Thursday while Torrent Power scrip ended the day 8% up while government officials held a series of meetings with industry captains and associations on the proposed legislative amendments to delicense power distribution and other announcements made in the Union budget.

from Stocks-Markets-Economic Times https://ift.tt/2Zr6BbU