Power Stocks are Flying High

Power stocks gain momentum with rising electricity demand, attracting investors seeking value.  Read More>>

Record Power Demand

August 31, 2023, sees all-time high-power demand of 236 GW, fueled by factors like El Nino and industrial consumption.

Renewable Energy Thrust

The power sector was boosted by expansion in renewable energy projects and increased capacity utilization.

ESG Impact

International investors flock to the power sector for its alignment with Environmental, Social, and Governance (ESG) goals.

YTD Gains of Top Power Stocks

NTPC – 43%, Power Grid – 23%, JSW Energy – 43%,  TATA Power – 21%, SJVN – 98%, Apar Industries – 199%, and PFC - 99%.

Capacity Expansion Plans

Companies like SJVN and Adani Green plan robust capacity growth, setting the stage for future expansion.

Source: Moneycontrol, Live Mint, Economic Times