Indian (NIFTY) Growth Utilities Stocks

Name: Financial Insights Based on S&P Global Market Intelligence
Creator: Simply Wall St Pty Ltd
License: https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/secure/MI-FastTrack-Terms-and-Conditions-July-2023.pdf

UPDATED Nov 20, 2025

Discover Indian Utilities Growth Stocks that are on the NIFTY. Sorted by forecasted growth, these Utilities Stocks have higher than expected earnings or sales growth compared to other companies.

54 companies

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield
ACMESOLAR ACME Solar Holdings	₹244.40	-2.6%	2.3%	₹148.1b	₹354.29	PE30.8x	E47.8%	0.2%
SJVN SJVN	₹81.84	-0.4%	-20.9%	₹321.6b	₹87.00	PE57.7x	E43.6%	1.8%
NTPCGREEN NTPC Green Energy	₹97.50	-1.6%	n/a	₹821.6b	₹106.25	PE135.4x	E43.3%	n/a
ADANIGREEN Adani Green Energy	₹1,060.00	-1.6%	-7.5%	₹1.7t	₹1,254.00	PE91.8x	E38.5%	n/a
ADANIENSOL Adani Energy Solutions	₹993.60	-2.7%	42.5%	₹1.2t	₹1,161.60	PE52.9x	E30.8%	n/a
NHPC NHPC	₹80.12	-1.6%	0.9%	₹804.8b	₹91.61	PE25.4x	E26.9%	2.4%
533148 JSW Energy	₹504.95	-4.4%	-27.7%	₹881.3b	₹594.38	PE43.5x	E25.8%	0.4%
IRMENERGY IRM Energy	₹311.30	-1.0%	-15.5%	₹12.8b	₹421.00	PE31.2x	E24.7%	0.5%
WABAG VA Tech Wabag	₹1,413.00	0.2%	-17.0%	₹88.0b	₹1,839.25	PE27.5x	E20.7%	0.3%
ADANIPOWER Adani Power	₹151.46	-0.3%	59.0%	₹2.9t	₹187.75	PE25.3x	E16.2%	n/a
GIPCL Gujarat Industries Power	₹170.82	0.1%	-7.1%	₹26.5b	₹385.00	PE14.1x	E14.6%	2.4%
GUJGASLTD Gujarat Gas	₹402.05	-1.9%	-11.4%	₹276.8b	₹454.21	PE24.8x	E14.6%	1.4%
513683 NLC India	₹249.30	-3.9%	-1.5%	₹345.7b	₹304.00	PE13.2x	E13.9%	1.2%
500400 Tata Power	₹388.00	-0.2%	-5.0%	₹1.2t	₹418.82	PE30.6x	E13.4%	0.6%
CESC CESC	₹169.83	-1.4%	-0.7%	₹225.1b	₹209.08	PE15.5x	E10.5%	3.5%
IGL Indraprastha Gas	₹204.06	-5.1%	31.1%	₹285.7b	₹225.73	PE17.9x	E9.3%	2.1%
POWERGRID Power Grid Corporation of India	₹277.20	2.7%	-14.9%	₹2.6t	₹314.48	PE17x	E7.6%	3.2%
MGL Mahanagar Gas	₹1,230.10	-0.1%	9.3%	₹121.5b	₹1,466.80	PE12.5x	E5.0%	2.4%
TORNTPOWER Torrent Power	₹1,313.90	1.6%	-17.0%	₹662.1b	₹1,424.45	PE22.1x	E4.5%	1.4%
GAIL GAIL (India)	₹184.31	0.3%	-2.1%	₹1.2t	₹208.19	PE11.1x	E2.0%	4.1%
NTPC NTPC	₹326.60	-0.1%	-8.3%	₹3.2t	₹416.12	PE13.3x	E0.7%	2.6%
GSPL Gujarat State Petronet	₹300.80	-0.2%	-9.4%	₹169.7b	₹334.94	PE16.5x	E-4.3%	1.7%
RPOWER Reliance Power	₹39.32	-4.7%	14.7%	₹162.6b	n/a	PE54.3x	n/a	0%
GVKPIL GVK Power & Infrastructure	₹3.02	-4.4%	-40.9%	₹4.8b	n/a	PS2.1x	n/a	n/a

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