Samvat 2083 Power Stocks: Expert Views on NTPC and Adani Power

As Samvat 2083 begins with the Muhurat Trading session, long-term investors are evaluating various value picks for their portfolios. Positive sentiment in the Indian stock market has been supported by a pre-Diwali rally, easing Middle East tensions, and Brent crude oil prices falling below $100 per barrel. Experts note that the upcoming winter session and the next few quarters are expected to bring higher demand for both renewable and non-renewable power, prompting investors to look at power stocks for the long term.

According to Avinash Gorakshkar, Founder of Avinash Mentor Research, investors seeking safer options with dividend income can consider NTPC and Power Grid Corporation shares. For high-risk investors looking for higher upside potential, Adani Power is noted as a suitable option. Gorakshkar also highlighted Genus Power Infrastructures Ltd for its low debt-to-equity ratio and robust ROE, while advising caution on Tata Power due to a recent legal setback involving Klero Capital Partners in the Singapore Court.

Anuj Gupta, a SEBI-registered market expert, stated that Adani Power competes with peers like Tata Power, Power Grid, and NTPC. However, for secondary investors seeking dividend income, NTPC and Power Grid Corporation are viewed as stronger fundamentally than Vedanta Power. Mahesh M Ojha, VP of Research and Business Development at KC Securities, shared technical support and resistance levels for several of these equities, noting specific price boundaries for Adani Power, NTPC, and Power Grid Corporation.

Power sector stocks are drawing attention for Samvat 2083 amid expectations of rising energy demand.

Why it matters

Investors looking for safe growth and income, shares of NTPC and Power Grid Corporations can be bought, say experts. These evaluations impact market participants planning their portfolios for the upcoming quarters, particularly as seasonal power demand changes affect thermal and renewable energy operations.