BERNSTEIN’S TOP POWER PICKS — OUTPERFORM
• NTPC — Target ₹430
• L&T — Target ₹4,637
• JSW Energy — Target ₹575
• Tata Power — Target ₹443
📊 Bernstein says the data-centre power-demand story is yet to fully play out on the ground.
⚡️ India’s biggest advantage: lower cost of electricity, which could support the data-centre opportunity.
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