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 Aug 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.

53 companies

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield
IRMENERGY IRM Energy	₹279.30	2.9%	-32.4%	₹11.5b	₹515.00	PE28.4x	E60.3%	0.5%
ACMESOLAR ACME Solar Holdings	₹290.50	3.0%	n/a	₹175.8b	₹345.33	PE46.1x	E47.1%	0.1%
NTPCGREEN NTPC Green Energy	₹105.18	4.5%	n/a	₹886.3b	₹100.00	PE159x	E42.5%	n/a
ADANIGREEN Adani Green Energy	₹975.95	5.6%	-49.2%	₹1.6t	₹1,242.71	PE100.9x	E38.3%	n/a
SJVN SJVN	₹97.57	4.4%	-28.5%	₹383.4b	₹72.67	PE55.5x	E35.0%	1.5%
NHPC NHPC	₹82.76	-2.8%	-13.7%	₹831.3b	₹91.63	PE27.3x	E29.1%	2.3%
533148 JSW Energy	₹531.90	-0.5%	-26.1%	₹928.3b	₹602.35	PE42.7x	E21.4%	0.4%
WABAG VA Tech Wabag	₹1,587.40	4.2%	17.3%	₹98.8b	₹1,839.25	PE32.3x	E20.5%	0.3%
500400 Tata Power	₹390.60	0.9%	-7.9%	₹1.2t	₹420.26	PE30.7x	E15.5%	0.6%
ADANIENSOL Adani Energy Solutions	₹824.20	4.8%	-24.3%	₹990.1b	₹1,301.75	PE41.3x	E15.2%	n/a
ADANIPOWER Adani Power	₹599.95	2.5%	-13.7%	₹2.3t	₹653.33	PE19.4x	E13.4%	n/a
GUJGASLTD Gujarat Gas	₹432.20	1.9%	-27.6%	₹297.5b	₹467.00	PE26x	E12.9%	1.3%
CESC CESC	₹163.43	-0.5%	-13.0%	₹216.6b	₹205.18	PE15.7x	E10.3%	2.8%
GIPCL Gujarat Industries Power	₹191.69	1.8%	-14.6%	₹29.0b	₹385.00	PE14.4x	E8.7%	2.1%
POWERGRID Power Grid Corporation of India	₹288.40	0.07%	-14.3%	₹2.7t	₹319.00	PE17.4x	E7.6%	3.1%
TORNTPOWER Torrent Power	₹1,285.30	-5.6%	-25.4%	₹647.7b	₹1,388.30	PE23.6x	E7.4%	1.5%
513683 NLC India	₹236.40	-2.3%	-13.4%	₹327.8b	₹304.00	PE11.5x	E6.5%	1.3%
MGL Mahanagar Gas	₹1,339.90	-0.3%	-27.9%	₹132.4b	₹1,550.69	PE12.4x	E4.4%	2.2%
IGL Indraprastha Gas	₹205.23	-0.5%	-25.4%	₹287.3b	₹234.80	PE17.3x	E4.4%	3.4%
NTPC NTPC	₹342.00	0.6%	-16.4%	₹3.3t	₹417.12	PE13.8x	E0.1%	2.4%
GAIL GAIL (India)	₹178.12	2.7%	-24.6%	₹1.2t	₹211.30	PE10.1x	E-2.3%	4.2%
GSPL Gujarat State Petronet	₹303.00	0.07%	-8.7%	₹171.0b	₹355.28	PE16.3x	E-10.0%	1.7%
RPOWER Reliance Power	₹47.71	12.8%	32.0%	₹197.3b	n/a	PE6.4x	n/a	0%
500390 Reliance Infrastructure	₹289.25	12.3%	19.0%	₹118.1b	n/a	PE2.3x	n/a	0%

Page 1 of 3