Schneider Electric India Stock Rises on Goldman Upgrade

  Published 11 months ago

Schneider Electric India climbs 2.7% as Goldman Sachs upgrades to 'buy,' citing demand growth and capacity expansion.

  • Goldman hikes price target to 910 rupees from 505, citing India's power distribution market expansion.
  • Stock gains erase year-to-date losses amid rising power demand and infrastructure investments.
  • Capacity expansion in circuits and breaker positions company to capture the growing demand.

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