Adani Energy vs CESC vs Tata Power vs NTPC vs Power Grid: Which stock has more upside? Target price by PL Capital
NTPC is in focus.
· LiveMint Markets
Adani Energy, Coal India, Tata Power, NTPC, and Power Grid are set to benefit from upcoming power transmission projects. According to PL Capital, CESC is expected to deliver the highest return of 54%, while NTPC and Power Grid also have positive outlooks.
The analysis
NTPC reported movement of 54%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.5% on the day at ₹309.00, and has returned -10.4% over three months. It sits 25% below its 52-week high. The power sector has moved -13.4% over the same period, so NTPC is running 3.0 points ahead of its peers.
With NTPC, Power Grid and Coal India all implicated, this reads as a Power-level move rather than a company-specific one, which is the more durable kind of signal.
Market context
- It touches several names at once (NTPC, POWERGRID, COALINDIA), which points to a sector-level rather than company-specific driver.
- Sector exposure: Power, Oil & Energy.
In this story
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