text: by Benzinga -
  What The Brokerage Said: Global brokerage firm Nomura sees significant opportunities in the energy value chain. The research firm expects India's energy demand to register a 7% CAGR over FY24-30, which is higher than the historical demand CAGR of 5%. According to Nomura, the upside to estimates will be dependent on developments in data centres and EV penetration.
  Nomura gave a "buy" call for Tata Power with a target price of ₹560, indicating an upside of 27% from the previous closing price. The brokerage expects Tata Power to deliver... Continue reading the full story on Benzinga