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Power Stocks Surge for Second Consecutive Day; Energy Development and RattanIndia Lead the Charge

By HDFC SKY | Published at: Jun 11, 2025 04:21 PM IST

Power Stocks Surge for Second Consecutive Day; Energy Development and RattanIndia Lead the Charge
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Mumbai, June 11, 2025 – Power sector stocks extended their winning streak for the second consecutive session on Wednesday, with Energy Development Company Ltd and RattanIndia Power Ltd leading the surge in a broad-based rally across the segment.

Energy Development Soars 16.6%

Topping the charts among the top four gainers, Energy Development stock jumped 16.6% during Wednesday’s trade. The sharp spike comes on the back of bullish sentiment in the power sector, following a similar upbeat session on Tuesday.

RattanIndia Maintains Momentum After Tuesday’s 18% Jump

RattanIndia Power also stayed firm after its big rise on Tuesday. In the last session, the stock was up 18% and hit a high of ₹14.04 on the NSE. The rise happened during a time of high trading volume, with 19.47 crore shares changing hands, which shows that investors are more interested. As of today it surged 11.24% today and reaching an intraday high of Rs 16.14.

Broader Sector Movement

The rise on Wednesday added to the gains that power stocks saw in the previous session, when many equities saw double-digit percentage increases. The sector’s increased pace implies that investors are confident in its development prospects. This could be due to the demand for power is rising and investments in infrastructure are still going on.

The continued rise strengthens the recent shift in the market’s focus to, key infrastructure and utility sectors. Power companies are now consistently attracting buyers from the market.

Stay tuned as markets continue to watch developments in the power space and company-specific catalysts that could shape future trading trends.

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Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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