Linked to that is bond yields because as commodity prices and inflation goes up, interest rates went up, we saw that in 21, 22, 23 and you will find that even there, there is a talk about now the Fed cutting.
See a long runway for T&D segment in power sector: Nischal Maheshwari
Nischal Maheshwari highlights positive growth in the power sector’s transmission and distribution (T&D) due to solar power adoption and rising power consumption, necessitating infrastructure upgrades.