Investor confidence in renewable energy is surging, driving up the value of distressed assets. Recent auctions of wind energy firms like Regen Powertech and Wind World (India) have seen bids exceeding reserve prices significantly, boosting lender recoveries. This renewed interest is fueled by India’s ambitious renewable energy targets and a turnaround in the power sector after years of struggles.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap