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Akanksha Power & Infra Hits market today at 18% Premium

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Akanksha power and Infrastructure hit market today on closing at INR 65.10 that is 18% premium to the IPO price of INR 55.18.12 Lakh shares traded today at NSE totalling to traded value of INR 11.38 Crores

Given the emphasis on the power sector by BJP lead government this stock  look attractive for swing trade in the upcoming sessions.

About :

Founded in July 2008, Akanksha Power and Infrastructure Limited manufactures electrical equipment such as switchboards, transformers, and vacuum contactors for institutions, industries, and utilities

Product Portfolio of Akanksha Power 

  1. Electrical Panel – Motor control center (MCC), the power control center (PCC), variable frequency drive (VFD) panels, thyristor switches, and vacuum contactors.
  2. Current / Potential Transformer – CT, PT, RVT c
  3. Vacuum Contactor – Vacuum contactor / Capacitor switch

FT Comments :

Akanksha Power should certainly be on your watch list, especially considering the upward momentum in the power stocks market.

Thanks

Srikanth

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