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Power Generation & Distribution Stocks

The power generation and distribution sector in India is highly diversified, encompassing a range of energy sources from traditional coal and nuclear to renewables like solar and wind. As of 2023, India stands as the third-largest global electricity producer and consumer, with significant growth driven by population increase and energy demand. Future investments, particularly in renewable energy, are supported by substantial government funding to meet ambitious energy targets. For investors, it's crucial to consider factors like global energy trends, environmental impacts, and regulatory frameworks. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 1,026.15

8.50 (0.84%)

Volume

4,64,234

Market Cap

₹1,13,546 Cr

52W Low

₹686.00

52W High

₹1,250.00

LTP

₹ 1,806.1

8.55 (0.48%)

Volume

6,61,339

Market Cap

₹2,84,801 Cr

52W Low

₹815.55

52W High

₹2,174.10

LTP

₹ 750

-3.80 (-0.50%)

Volume

41,90,743

Market Cap

₹2,90,755 Cr

52W Low

₹231.00

52W High

₹895.85

LTP

₹ 913.45

6.15 (0.68%)

Volume

1,43,702

Market Cap

₹3,413 Cr

52W Low

₹359.70

52W High

₹1,016.00

LTP

₹ 150

-0.12 (-0.08%)

Volume

18,15,040

Market Cap

₹19,890 Cr

52W Low

₹70.80

52W High

₹157.65

LTP

₹ 22.89

-0.06 (-0.26%)

Volume

63,134

Market Cap

₹109 Cr

52W Low

₹15.60

52W High

₹36.80

LTP

₹ 159.95

3.10 (1.98%)

Volume

948

Market Cap

₹65 Cr

52W Low

₹78.25

52W High

₹310.30

LTP

₹ 233.58

8.40 (3.73%)

Volume

16,25,944

Market Cap

₹3,406 Cr

52W Low

₹96.00

52W High

₹238.00

LTP

₹ 61.95

1.25 (2.06%)

Volume

8,104

Market Cap

₹38 Cr

52W Low

₹31.01

52W High

₹71.90

LTP

₹ 13.4

-0.06 (-0.45%)

Volume

1,92,905

Market Cap

₹19 Cr

52W Low

₹10.33

52W High

₹26.83

LTP

₹ 18.47

0.15 (0.82%)

Volume

4,14,345

Market Cap

₹1,784 Cr

52W Low

₹11.05

52W High

₹28.05

LTP

₹ 24.66

-0.39 (-1.56%)

Volume

3,83,016

Market Cap

₹269 Cr

52W Low

₹9.85

52W High

₹33.20

LTP

₹ 7,100

-25.40 (-0.36%)

Volume

3,818

Market Cap

₹8,581 Cr

52W Low

₹2,016.50

52W High

₹7,999.00

LTP

₹ 19.94

0.23 (1.17%)

Volume

3,29,63,380

Market Cap

₹13,501 Cr

52W Low

₹5.85

52W High

₹24.00

LTP

₹ 682

22.55 (3.42%)

Volume

29,94,372

Market Cap

₹1,15,265 Cr

52W Low

₹251.55

52W High

₹684.80

LTP

₹ 63.99

-0.98 (-1.51%)

Volume

22,253

Market Cap

₹76 Cr

52W Low

₹38.55

52W High

₹105.10

LTP

₹ 0.55

0.00 (0.00%)

Volume

8,43,039

Market Cap

₹24 Cr

52W Low

₹0.00

52W High

₹0.60

LTP

₹ 425

-5.20 (-1.21%)

Volume

420

Market Cap

₹564 Cr

52W Low

₹390.00

52W High

₹544.00

LTP

₹ 103.13

0.83 (0.81%)

Volume

3,19,59,385

Market Cap

₹1,02,761 Cr

52W Low

₹44.35

52W High

₹118.00

LTP

₹ 233.13

0.64 (0.28%)

Volume

9,85,924

Market Cap

₹32,288 Cr

52W Low

₹95.80

52W High

₹293.75

LTP

₹ 368.75

-1.20 (-0.32%)

Volume

50,85,667

Market Cap

₹3,58,728 Cr

52W Low

₹183.35

52W High

₹393.20

LTP

₹ 21.28

-0.19 (-0.88%)

Volume

37,12,858

Market Cap

₹2,112 Cr

52W Low

₹9.07

52W High

₹34.45

LTP

₹ 321.7

0.25 (0.08%)

Volume

76,71,338

Market Cap

₹2,98,921 Cr

52W Low

₹177.53

52W High

₹348.70

LTP

₹ 18.79

0.89 (4.97%)

Volume

6,79,37,674

Market Cap

₹9,639 Cr

52W Low

₹3.95

52W High

₹21.10

LTP

₹ 31.88

0.80 (2.57%)

Volume

5,93,17,760

Market Cap

₹12,497 Cr

52W Low

₹13.80

52W High

₹34.45

LTP

₹ 0.48

-0.02 (-4.00%)

Volume

104

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹0.49

LTP

₹ 136.1

2.98 (2.24%)

Volume

1,37,99,825

Market Cap

₹52,325 Cr

52W Low

₹38.00

52W High

₹170.50

LTP

₹ 38.25

-0.19 (-0.49%)

Volume

6,796

Market Cap

₹77 Cr

52W Low

₹14.60

52W High

₹48.90

LTP

₹ 17.09

0.81 (4.98%)

Volume

55,152

Market Cap

₹15 Cr

52W Low

₹2.76

52W High

₹39.54

LTP

₹ 2.56

0.12 (4.92%)

Volume

6,398

Market Cap

₹4 Cr

52W Low

₹0.00

52W High

₹2.56

LTP

₹ 19.04

0.36 (1.93%)

Volume

1,10,282

Market Cap

₹256 Cr

52W Low

₹8.85

52W High

₹20.95

LTP

₹ 0.59

-0.03 (-4.84%)

Volume

49,310

Market Cap

₹9 Cr

52W Low

₹0.00

52W High

₹0.62

LTP

₹ 449.85

-2.05 (-0.45%)

Volume

38,51,728

Market Cap

₹1,44,493 Cr

52W Low

₹215.70

52W High

₹464.20

LTP

₹ 1,588.55

-9.25 (-0.58%)

Volume

1,51,383

Market Cap

₹76,795 Cr

52W Low

₹588.10

52W High

₹1,633.10

LTP

₹ 1.03

0.04 (4.04%)

Volume

91,438

Market Cap

₹35 Cr

52W Low

₹0.91

52W High

₹2.58

LTP

₹ 186

-2.95 (-1.56%)

Volume

37,600

Market Cap

₹251 Cr

52W Low

₹47.00

52W High

₹261.80

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About the Power Generation and Distribution Sector

The power sector in India is one of the most diversified in the world. The sources of power generation range from traditional sources like coal, natural gas, lignite, hydro, oil and nuclear power to feasible non-conventional sources like solar, wind, and domestic and agricultural waste. The power demand in the country is increasing hugely and is anticipated to increase more in the future.

As of 2021, India was ranked fourth in solar power capacity, wind power capacity and renewable power installed capacity. As of July 31, 2023, India, with an installed power capacity of 423.35 GW, is the third-largest producer and consumer of electricity globally.

Summary

The Plastic Sector in India has been a significant contributor to the economy for decades, with a wide range of products and a substantial export market. With ambitious government plans aiming to elevate its economic activity level significantly, the sector’s future looks promising. However, before investing, consider factors like regulatory compliance, raw material availability, environmental impact, and the competitive landscape. Xpro India Ltd stands out as one of the best plastic sector stocks, boasting an impressive 5-year CAGR of 117.29% as of January 31, 2024, from the NIFTY 500 universe.

Future Outlook of the Power Generation and Distribution Sector in India

The increase in population, electrification and per-capita usage will raise power usage in India. In the Union Budget 2023-24, the government of India allocated $885 million for the solar power sector, which includes off-grid, grid, and PM-KUSUM projects. To meet the country’s 500 GW renewable energy target and tackle the annual issue of coal demand-supply mismatch, the Ministry of Power has identified 81 thermal units. This will replace coal with renewable energy generation by 2026.

Things To Consider Before Investing in the Power Generation and Distribution Sector

  • Global market trends: Monitor global economic trends and energy market dynamics. Understand how factors like economic growth, energy efficiency, and global energy transition initiatives may impact the power sector.
  • Environmental impact: Assess the environmental impact of power generation methods of both conventional and non-conventional methods. Increasing focus on sustainability and environmental regulations can influence the long-term viability of power projects.
  • Market demand: Analyse current and future demand for electricity, regional supply dynamics, and potential growth areas. Understand the balance between conventional and renewable energy sources.
  • Regulatory compliance: Assess the regulatory landscape, policies, and government initiatives influencing the power sector. Stay informed about tariff structures, subsidies, and regulatory changes.

How To Invest in Power Stocks?

Investing in power stocks via Angel One is easy. Simply follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired power stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are power sector stocks?

Power sector stocks are stocks of companies that are involved in the production and distribution of electricity. These companies generate power from various sources, such as fossil fuels, renewable, nuclear and hydroelectric energy.

What are the top stocks from the power sector in terms of market cap?

Based on the market cap, NTPC Ltd, Power Grid Corporation of India Ltd, Adani Power Ltd and Tata Power Company Ltd are the top power stocks in India. The data is as of February 1, 2024.

How do you evaluate power sector stocks?

While analysing the power stocks, you must check key factors like regulatory dynamics, infrastructure investment, the energy transition landscape and the financial health of the company.

Why should you invest in power stocks?

The increase in population is expected to drive the demand for electricity in the country. This can create opportunities for companies and investors. However, consider your investment objectives and risk appetite before investing.

Which are the best power stocks to invest in?

Adani Power Ltd is the best power stock in India. As of February 1, 2024, the company’s 5-year CAGR is 65.37%.

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