Goldman Sachs names 5 power generation stocks that are AI enablers amid soaring demand
NTPC launched an initiative in an infrastructure development.
21 Sept 2026 · Economic Times Markets, ET Stocks
Goldman Sachs has unveiled a list of five power generation stocks that are set to drive growth in artificial intelligence sectors. These firms are positioned to meet the soaring demand for data center capabilities and infrastructure.
The analysis
Against that, the stock is -1.4% on the day at ₹317.00, and has returned -10.3% over three months. It sits 23% below its 52-week high. The power sector has moved -16.4% over the same period, so NTPC is running 6.0 points ahead of its peers.
For NTPC, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- The company directly in focus is NTPC.
- Sector exposure: Power.
- The immediate tone of coverage reads positive.
In this story
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