This industry forms a critical part of the Indian power sector; and the huge demand-supply gap in the requirement of power creates ample opportunities for this industry – ‘The Power Transmission Equipment’ industry. This industry comprises of strong players like Jyoti Structures, KEC International, TRIL and Voltamp Transformers etc.
Transformers, one of the integral finished products of this industry has witnessed good growth rates in the past, but the recent competition from Chinese players poses as a big threat. Other concerns like fluctuating raw material prices persist.
Looking at all of this, should you add these companies to your portfolio of stocks?
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