Mukul Agarwal and Madhusudan Kela back these 2 recently listed power microcaps

Power Sector Boom: Profiting from Wind and Rail Electrification.

Key points

• Talking regarding the listing, the Rs 290 cr fresh problem was subscribed around 200 times, with anchors putting in Rs 130.5 cr.
• Incorporated in 2009, MV Electrosystems makes electrical and power electronics equipment for railway rolling stock.
• The first one builds the power electronics that let an electric locomotive turn current from the overhead wire into motion.
• India spends on power in two directions at once.
• Two of the most followed names were already on the register.

India spends on power in two directions at once. It spends to create more of it, and it spends to apply more of it. Wind farms and solar parks sit on one side. Rail electrification, metro lines and industrial motors sit on the other. Most listed names offer you one side or the other. In August, two small firms arrived that provide you one each.

Meanwhile, the first one builds the power electronics that let an electric locomotive turn current from the overhead wire into motion. The other fabricates the tall steel tubes a wind turbine sits on top of. One firm is a buyer of the grid while the other helps build it.

Two of the most followed names were already on the register. Nevertheless, neither Madhusudan Kela nor Mukul Agarwal walked into the market this month and purchased these shares. Both were on the register long before either listed. In one case the numbers say something sharper than a purchase. Let us take them one at a time. #1 MV Electrosystems: The Tech Behind Electric Locomotives.

Incorporated in 2009, MV Electrosystems makes electrical and power electronics equipment for railway rolling stock. Its main product is IGBT-based three-phase propulsion equipment for electric locomotives. That is the box that takes high voltage off the wire above the train and turns it into controlled power at the wheels. It additionally builds switchgear panels and vehicle control systems, and manufactures in Haryana.

Talking regarding the listing, the Rs 290 cr fresh problem was subscribed around 200 times, with anchors putting in Rs 130.5 cr. The stock has traded between Rs 687 and Rs 519 since, and closed at Rs 591 on 21st August 2026, for a market value of Rs 1, 613 cr.

For now, mukul Agarwal and Madhusudan Kela back these 2 recently listed power microcaps remains the part of the story worth watching, and further updates are likely as more details are confirmed.