Rebound in power demand to fire up related stks over medium-term: Analysts

On the bourses, shares of Adani Power, Adani Transmission, CG Power, NHPC, NTPC, and Adani Green Energy have surged up to 61 per cent so far in FY23, ACE Equity data shows

Lovisha Darad | New Delhi
Last Updated at January 18, 2023 00:37 IST

Photo: Bloomberg

Power stocks are back in focus as demand crossed the 200-gigawatt (GW) mark last week, amid the onset of the harsh winter season. This matched the peak demand of 216GW recorded during summer months. Analysts expect the S&P BSE Power index to build on the double-digit gains, which it logged during calendar year 2022 (CY22), as the outlook for the sector remains robust.

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