Power Stocks

ower, industrial, and infrastructure stocks, which once delivered fourfold returns in five years, have become too expensive for new investors

Power stocks see mixed reaction; FM announces reforms for power distribution transmission; nuclear energy

Though power-sector announcements are made throughout the year, industry watchers were closely tracking FM's speech to see if there were any mentions of clean-energy initiatives.

Renewable Energy stocks rally ahead of budget as market eyes increased allocations

The Ministry of New and Renewable Energy (MNRE) allocated around Rs 19,100 crore in 2024-25 -- a 143 percent increase over the revised estimate of the previous fiscal.

Power stocks surge as India clocks record renewable energy growth in 2024

India’s renewable energy capacity more than doubled in 2024, increasing by an impressive 113 percent YoY to 30 GW

Analyst Call Tracker: Why PowerGrid stock picked up maximum downgrades in last quarter?

Power Grid has faced a wave of downgrades from major brokerages in Jul-Sep quarter, due to valuation concerns, a shift towards renewable energy, and slowing demand, leading to a decline in 'buy' recommendations.

A powerhouse performer: The BSE Power Index rose 86% in a year. Here are the top stocks that MFs picked

The momentum in power stocks is likely to continue, supported by favourable policies, investments in green energy, and the global shift towards sustainability

Tata Power, JSW Energy stocks get buy call from Nomura; up to 32% upside seen amid strong outlook

Shares of Tata Power and JSW Energy rose after Nomura initiated coverage, recommending 'buy' ratings with target prices of Rs 560 and Rs 885, respectively, due to strong growth prospects in their renewable energy sectors.

Indian utilities offer Rs 40 lakh crore investment opportunity, 'buy' Power Grid, Tata Power: Motilal Oswal

Analysts project a substantial investment opportunity of over Rs 40 lakh crore in the sector, driven by rising demand, modernisation of outdated infrastructure, and transition to cleaner energy sources

CESC stock zooms 8% amid bullish calls from multiple brokerages; more upside seen

Elara Capital, which interacted with CESC's management recently during the Sanjiv Goenka Group Investor Day, has a buy rating on the stock with a target price of Rs 228 per share

Investec bullish on NTPC, CESC, Inox Wind on healthy power demand, positive outlook

Power generation saw an 8.3 percent year-on-year (YoY) increase in July, driven by robust power demand

Brokerage Radar: Price target lifted for Avenue Supermarts, mid-cap IT names; power stocks get bullish views

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes stocks like Avenue Supermarts and Medi Assist, along with sectors like power, information technology, chemicals, and real estate.

NTPC jumps 5%, hits all-time high on strong Q1 results, brokerage target upgrades

Jefferies maintained its 'buy' call on NTPC and raised target price to Rs 485 from Rs 445 apiece, expecting execution of orders to pick up pace

Power stocks rise after Budget announces measures for renewable energy

Stocks such as PFC, REC, IREDA, Genus Power, Techno Electri and ABB Signals, and PSU stocks such as NTPC and NHPC rose.

Siemens, ABB among biggest beneficiaries of data-centre capacity additions: Jefferies

The analysts expect India's data centre capacity to rise 12 times over FY24-30E to 17GW from the present 1-1.5 GW.

Tata Power stock nears 52-week high as EV arm deploys over 850 e-bus charging points

Analysts at ICICI Securities shared a 'buy' rating on Tata Power, with a target price of Rs 490 per share, citing the company's first mover advantage in electric vehicle charging market.

Power Grid stock leaps 12% to new record high as investors cheer Exit poll results

Power Grid stock has delivered stellar return of 93 percent in the last one year, nearly doubling investors' money. So far this year, the stock has rallied 43 percent.

Power play: Are global stocks a better bet for Indian investors?

A recent report by the International Energy Agency projects global electricity demand to grow by an average of 3.4 percent annually through 2026 on an improving economic outlook, which is expected to boost electricity demand in both advanced and emerging economies.

Power Stocks: Momentum takes a hit but fundamental outlook on sector positive

In a recent report, analysts at Jefferies said opportunities in the power segment could come through increased capex and higher merchant prices for power due to the onset of summer. Over the past three months, the BSE utilities index has gained around 8 percent

Torrent Power stock soars 12% to hit record high on securing Rs 1,540-cr solar power project

With the award of this 306 MW capacity, Torrent’s renewable capacity under construction has increased to 1.7 gigawatt (GW)

BHEL zooms 14% to 52-week high; up 250% in a year

The stock gained after NTPC approved an investment worth Rs 17,195.3 crore for the third phase of the Singrauli Super Thermal Power Project for which BHEL is the only bidder

Tata Power, Torrent Power, BHEL surge up to 6% on Morgan Stanley's target upgrade

Analysts at Morgan Stanley forecasted capex of $550 billion in the next decade as India builds energy security

Green Energy: Power stocks gain as FM re-iterates renewable push in Budget 2024

Through solarisation, one crore households will be get 300 units free electricity every month, said Sitharaman in the Budget speech.

These BSE Midcap index stocks gained up to 451% since Budget 2023; what’s next?

IRFC, REC, Power Finance Corporation, BHEL, SJVN, JSW Energy and GMR Airports are some of the direct beneficiaries of the increased capex spending announced in the budget on the Infrastructure, Power and Railways sector.

Tata Power stock gains 2% as Antique raises target price with 29% upside

Analysts at Antique maintained a 'buy' call on the counter, raising target price to Rs 450 per share from Rs 422, implying an upside of 29 percent from current levels

Adani's power transmission biz to be "biggest beneficiary" of 2024's game-changing reform: Jefferies

According to the brokerage's analysts, the Electricity Distribution Act will be back on the table after the May 2024 elections