PFC shares jump 5% to hit fresh 52-week high, surge 29% in April so far. What’s heating up the stock?

PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock has rallied sharply in April, supported by sectoral tailwinds, policy developments and restructuring plans, with a strong demand outlook and regulatory changes further boosting investor sentiment.