Union Minister Jitendra Singh commented that India’s atomic power capacity has almost doubled in the past decade from 4,780 megawatts to 8,081 megawatts and it would be tripled by 2031 reaching ~22,480 MW. He further added that capacity developed in the last 10 years equals what was achieved over the previous 60 years.
Listed below are some of the stocks associated with the setting up, development, and other related works of Nuclear/Atomic Power Plants that you can add to your watchlist
Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited (BHEL) is Maharatna CPSE and one of the largest engineering and manufacturing companies in India engaged in the design, engineering, construction, testing, commissioning, and servicing of a wide range of products and services for the core sectors of the economy like nuclear power, thermal, transmission, renewable energy, industry, and many more.
BHEL Limited is a key supplier of various components and equipment required for nuclear power plants, including steam turbines, generators, heat exchangers, and other critical Infrastructure.
With a market capitalization of Rs. 84,474.86 Crores, the shares of Bharat Heavy Electricals Limited closed at Rs. 242.60 in the day’s trade down 0.78 percent from its previous day’s close price of Rs. 244.50.
Sealmatic India
Sealmatic India Limited is engaged in designing and manufacturing high-precision & heavy-duty mechanical seals that are widely employed in various power plant applications both nuclear & thermal.
With a market capitalization of Rs. 518 Crores, the shares of Sealmatic India Limited closed at Rs. 572.30 in the day’s trade down 0.8 percent from its previous day’s close price of Rs. 576.55.
Hindustan Construction Company
Hindustan Construction Company Limited is involved in the engineering and construction of infrastructure projects such as dams, tunnels, bridges, hydro,nuclear, and thermal power plants, expressways and roads, marine works, water supply, irrigation systems, and industrial buildings across the country
Hindustan Construction Company Limited is involved in building various structures and facilities required for nuclear power plants, such as reactor buildings, cooling towers, and other related civil engineering works.
With a market capitalization of Rs. 7,739 Crores, the shares of Hindustan Construction Company Limited closed at Rs. 46.07 in the day’s trade up 3.4 percent from its previous day’s close price of Rs. 44.55.
MTAR Technologies
MTAR Technologies Limited is engaged in manufacturing mission-critical precision components, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence, and other engineering industries, to serve projects of high national importance and many more.
MTAR Technologies Limited specializes in providing high-precision engineering solutions and manufacturing critical components such as reactor control systems, fuel handling systems, and various high-precision equipment.
With a market capitalization of Rs. 5,037 Crores, the shares of MTAR Technologies Limited closed at Rs. 1,637.55 in the day’s trade down 2 percent from its previous day’s close price of Rs.1,670.70
Written by: Bharath K.S
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