February 17, 2024

Best Power Stocks in India

Power stocks – Best Power Stocks In India

The table below displays the Best Power Stocks in India, ranked by market capitalization. 

Power Stock ListMarket CapClose Price
NTPC Ltd3,27,504.90337.75
Power Grid Corporation of India Ltd2,55,348.08274.55
Adani Power Ltd2,17,434.93563.75
Tata Power Company Ltd1,20,240.63376.3
JSW Energy Ltd78,850.72480.45
Torrent Power Ltd56,400.381,173.50
CESC Ltd17,517.41132.15
Indian Energy Exchange Ltd12,951.60145.65
Rattanindia Enterprises Ltd11,827.3085.65
POWERGRID Infrastructure Investment Trust11,516.9596.14

Power Sector Stocks

The table below displays the Best Power Stocks in India, ranked by 1 Year Return. 

Power Stock ListMarket CapClose Price1 Year return
Adani Power Ltd2,17,434.93563.75281.43
Jyoti Structures Ltd1,884.5529.7268.94
Skipper Ltd3,642.23322.5229.78
RattanIndia Power Ltd5,692.3910.6202.86
GMR Power and Urban Infra Ltd3,096.4451.3161.73
Gujarat Industries Power Company Ltd2,996.29198.1149.5
Reliance Power Ltd9,985.3026.2137.1
Torrent Power Ltd56,400.381,173.50130.32
PTC India Ltd5,781.04195.3117.36
JSW Energy Ltd78,850.72480.45114.49

Power Sector Stocks In India

The table below displays the Best Power Stocks in India, ranked by 6 Month Return.

Power StocksMarket CapClose Price6M Return
Jyoti Structures Ltd1,884.5529.7151.69
GMR Power and Urban Infra Ltd3,096.4451.3139.16
RattanIndia Power Ltd5,692.3910.6125.53
Elango Industries Ltd5.2113.66123.93
Adani Power Ltd2,17,434.93563.75101.41
Torrent Power Ltd56,400.381,173.5085.45
Power and Instrumentation (Gujarat) Ltd86.4268.484.86
Skipper Ltd3,642.23322.569.24
CESC Ltd17,517.41132.1569.1
Rattanindia Enterprises Ltd11,827.3085.6568.77

Power Sector Penny Stocks

The table below displays the Top Power Stocks In India, ranked by close price.

Power Stock ListMarket CapClose Price
Torrent Power Ltd56,400.381,173.50
Adani Power Ltd2,17,434.93563.75
JSW Energy Ltd78,850.72480.45
Tata Power Company Ltd1,20,240.63376.3
NTPC Ltd3,27,504.90337.75
Power Grid Corporation of India Ltd2,55,348.08274.55
Indian Energy Exchange Ltd12,951.60145.65
CESC Ltd17,517.41132.15
POWERGRID Infrastructure Investment Trust11,516.9596.14
Rattanindia Enterprises Ltd11,827.3085.65

Power Stocks

The table below displays the Best Power Stocks in India, ranked by Daily Volume.

Powder Stock ListMarket CapClose PriceDaily Volume
Power Grid Corporation of India Ltd2,55,348.08274.552,51,29,188.00
NTPC Ltd3,27,504.90337.752,03,07,449.00
RattanIndia Power Ltd5,692.3910.61,20,59,433.00
Tata Power Company Ltd1,20,240.63376.395,92,754.00
Reliance Power Ltd9,985.3026.280,95,675.00
Rattanindia Enterprises Ltd11,827.3085.6558,15,820.00
Indian Energy Exchange Ltd12,951.60145.6558,12,909.00
Adani Transmission Ltd1,18,420.701,061.6037,87,369.00
CESC Ltd17,517.41132.1533,85,817.00
PTC India Ltd5,781.04195.333,43,731.00

Power Stock List

The table below displays the Power Stocks in India, ranked by PE Ratio.

Power Stock ListMarket CapClose PricePE Ratio
GMR Power and Urban Infra Ltd3,096.4451.3-18.19
Adani Power Ltd2,17,434.93563.759.29
PTC India Ltd5,781.04195.310.37
CESC Ltd17,517.41132.1511.99
Gujarat Industries Power Company Ltd2,996.29198.115.1
Power Grid Corporation of India Ltd2,55,348.08274.5516.51
Power and Instrumentation (Gujarat) Ltd86.4268.418.23
NTPC Ltd3,27,504.90337.7518.28
Torrent Power Ltd56,400.381,173.5030.05
Tata Power Company Ltd1,20,240.63376.338.64

Best Power Stocks To Buy In India

The table below displays the Best Power Stocks To Buy In India, ranked by 1 month return. 

Power Stock ListMarket CapClose Price1M Return
Elango Industries Ltd5.2113.6638.3
Jyoti Structures Ltd1,884.5529.737.53
Torrent Power Ltd56,400.381,173.5018.77
Power Grid Corporation of India Ltd2,55,348.08274.5516.55
Skipper Ltd3,642.23322.59.09
Gujarat Industries Power Company Ltd2,996.29198.18.27
NTPC Ltd3,27,504.90337.757.51
Tata Power Company Ltd1,20,240.63376.35.54
Adani Power Ltd2,17,434.93563.754.24
JSW Energy Ltd78,850.72480.452.79

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Best Power Stocks In India – FAQs  

What are power stocks? 

Power stocks refer to companies’ shares in generating, transmitting, and distributing electric power. These companies typically operate in the utilities sector. They are responsible for producing electricity from various sources such as coal, natural gas, nuclear energy, hydroelectric power, wind, solar, and other renewable sources.

Which are the best power stocks to buy in India?

Best Power Stocks in India #1:  NTPC Ltd
Best Power Stocks in India #2:  Power Grid Corporation of India Ltd
Best Power Stocks in India #3:  Adani Power Ltd
Best Power Stocks in India #4:  Tata Power Company Ltd
Best Power Stocks in India #5:  JSW Energy Ltd

Which Power Stock is best?

NTPC Ltd is the Best Power Stock as it has the highest market cap.

Is it good to buy power stocks?

Investing in energy stocks can be risky for those investing large amounts of money due to their high volatility and susceptibility to significant price fluctuations.

Will the power sector go up?

The power sector in India is anticipated to experience significant growth in 2024, with a promising market size and positive industry analysis. As market estimates suggest that India’s GDP is projected to grow between 7.5% and 8.5% in FY24, the power generation industry is expected to follow a similar growth trajectory.

Introduction to Top Power Stocks In India

Power Sector Stocks In India – 1 Year Return

Adani Power Ltd

Adani Power Limited, a holding company, is a major thermal power producer in India with a total capacity of 12,450 MW, including thermal and solar projects. It focuses on power generation and coal trading, operating through subsidiaries with plants in Gujarat, Maharashtra, Rajasthan, Karnataka, and Chhattisgarh.

Jyoti Structures Ltd

Jyoti Structures Limited, based in India, specializes in manufacturing transmission line towers, sub-station structures, antenna towers, and railway electrification structures. Engaged in turnkey projects, it provides solutions for high voltage transmission lines, substations, and solar power. The company operates manufacturing plants in Nashik, Raipur, and Dubai.

Skipper Ltd

Skipper Limited is an integrated manufacturing company specializing in transmission and distribution structures, including angle rolling, towers, accessories, and fasteners. Operating through Engineering Products, Infrastructure Projects, and Polymer Products segments, it offers a diverse range, including highmast poles, solar power systems, and premium quality pipes under the brand Skipper.

Power Sector Stocks To Buy – 1 Month Return

Elango Industries Ltd

Elango Industries Limited, an Indian company, operates in power generation and distribution. It offers operation and maintenance services to power plants and markets the power produced by its clients. The company is involved in other service activities related to power generation and distribution.

Torrent Power Ltd

Torrent Power Limited, an India-based holding company, operates in generation, transmission, distribution, and renewables. With a thermal capacity of 3,092 MW and 787 MW in renewables, it engages in coal, gas, solar, and wind power. The company also manages transmission lines spanning approximately 249 km.

Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is a power transmission company involved in planning, implementing, and maintaining Inter-State Transmission Systems (ISTS) and providing telecom and consultancy services. Its segments include Transmission Services, Consultancy Services, and Telecom Services, covering power transmission, consultancy, and telecom infrastructure utilization.

Power Sector Stocks In India – 6 Month Return

GMR Power and Urban Infra Ltd

GMR Power and Urban Infra Limited, based in India, operates in energy, urban infrastructure, and transportation. The company’s segments include Power, Roads, EPC, and Others, engaging in power generation, road development, engineering solutions, and urban infrastructure. With 3000+ MW installed capacity, it uses a diverse fuel mix, including renewables.

RattanIndia Power Ltd

RattanIndia Power Ltd is an Indian company engaged in the power generation business. The company operates thermal and renewable power plants, producing electricity through coal-based and solar energy sources.

Adani Power Ltd

Adani Power Ltd is an Indian company engaged in generating, transmitting, and distributing electricity. The company operates a portfolio of thermal power plants utilizing coal and renewable energy sources. Adani Power plays a vital role in meeting the growing energy demand in India, providing electricity to industries, commercial establishments, and households.

Power Stocks – Daily Volume

NTPC Ltd

NTPC Limited, an India-based power generating company, focuses on bulk power generation and sales to State Power Utilities. Operating 89 power stations independently or through JVs and subsidiaries, it also provides consultancy, project management, energy trading, and engages in oil & gas exploration and coal mining.

Tata Power Company Ltd

The Tata Power Company Limited is an integrated power company in India, focusing on electricity generation, transmission, and distribution. Its segments include Generation (hydro and thermal), Renewables (wind and solar), Transmission and Distribution, and Others, encompassing power trading, project management, property development, and more.

Reliance Power Ltd

Reliance Power Limited is a global power project developer with a diverse portfolio including coal, gas, hydro, wind, and solar-based projects, including Ultra Mega Power Projects. With over 6000 MW of operational assets, it operates internationally and is involved in various sectors, including energy and infrastructure.

Power Stock List – PE Ratio

PTC India Ltd

PTC India Ltd is a leading Indian company engaged in the trading and supply of electricity. The company acts as an intermediary between power generators and distribution utilities, facilitating the sale and purchase of electricity through long-term and short-term power purchase agreements. PTC India also offers consultancy services in the power sector and operates power exchanges.

CESC Ltd

CESC Ltd is an Indian company operating in power generation and distribution. The company is primarily engaged in generating, transmitting, and distributing electricity in Kolkata and parts of West Bengal. CESC also provides electricity distribution services in other states of India.

Gujarat Industries Power Company Ltd

Gujarat Industries Power Company Limited is an India-based power generation company with a diverse portfolio including thermal (gas and lignite), wind, and solar power plants in Gujarat. With a total capacity of approximately 1184.4 MW, it supplies electricity to Gujarat’s distribution and transmission companies.

Power Sector Penny Stocks

Torrent Power Ltd

Torrent Power Limited, an India-based holding company, operates in generation, transmission, distribution, and renewables. With a thermal capacity of 3,092 MW and 787 MW in renewables, it engages in coal, gas, solar, and wind power. The company also manages transmission lines spanning approximately 249 km.

Adani Power Ltd

Adani Power Ltd is an Indian company engaged in generating, transmitting, and distributing electricity. The company operates a portfolio of thermal power plants utilizing coal and renewable energy sources. Adani Power plays a vital role in meeting the growing energy demand in India, providing electricity to industries, commercial establishments, and households.

JSW Energy Ltd

JSW Energy Limited, an Indian power company, operates in thermal and renewable energy generation. Its segments include Thermal, generating power from coal, gas, and oil, and Renewables, focusing on hydro, wind, and solar power. Plants like Baspa, Karcham Wangtoo, Barmer, Vijaynagar, and Ratnagiri contribute to its diverse energy portfolio.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

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Disclaimer: The above article is written for educational purposes. The securities quoted are exemplary and are not recommendatory.

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