Positive impactSector
PM Dhara Scheme Unveiled - These stocks could be the likely beneficiaries
CNBC-TV18 1 hr ago·1 Oct 2026, 1:12 am
The government has launched the PM Dhara Scheme, a programme aimed at strengthening India’s power transmission and distribution network by upgrading medium‑ and extra‑high‑voltage lines.
Companies that manufacture the required cables, such as KEI Industries, stand to benefit because they produce both MV and EHV power cables. Increased demand could boost the firm’s order intake and improve utilisation of its production facilities, which is a key driver of revenue growth.
Investors should keep an eye on the scheme’s implementation timeline, any tenders or contracts that are awarded, KEI’s order book and capacity‑expansion plans, and how the company fares against other cable makers in securing new business.
Excerpt from CNBC-TV18
Power Grid will be another potential beneficiary of this scheme, along with cables and power companies such as KEI Industries, Polycab, and others due to their Medium Voltage Power Cables (MV), and Extra High Voltage (EHV) power cables capabilities. Evacuate up to 135 GW of renewable power Deploy 50 GWh of Battery…Read the original at CNBC-TV18
Affected stocks
Bullish2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns KEI Industries (KEI).
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
- Also mentions POWERGRID.
Why it matters
A meaningful update for KEI Industries worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
