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 Apr 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
NTPCGREEN NTPC Green Energy	₹108.25	13.0%	n/a	₹912.2b	₹91.50	PE291.2x	E84.6%	n/a
ADANIENSOL Adani Energy Solutions	₹914.15	8.2%	-12.3%	₹1.1t	₹1,415.25	PE141.8x	E52.4%	n/a
ADANIGREEN Adani Green Energy	₹947.15	6.0%	-47.2%	₹1.5t	₹1,282.00	PE120.3x	E50.0%	n/a
IRMENERGY IRM Energy	₹299.55	2.6%	-50.4%	₹12.3b	₹515.00	PE24.7x	E40.5%	0.5%
NHPC NHPC	₹84.98	0.9%	-4.0%	₹853.6b	₹91.57	PE31.3x	E34.0%	2.2%
ACMESOLAR ACME Solar Holdings	₹203.56	3.3%	n/a	₹123.2b	₹310.00	PE18.6x	E32.6%	n/a
533148 JSW Energy	₹507.95	2.9%	-17.0%	₹886.5b	₹592.87	PE46.8x	E28.4%	0.4%
WABAG VA Tech Wabag	₹1,433.50	2.3%	57.6%	₹89.1b	₹1,837.25	PE33.2x	E24.0%	0%
SJVN SJVN	₹94.18	3.0%	-26.8%	₹370.1b	₹84.25	PE36.7x	E21.4%	1.9%
513683 NLC India	₹241.45	5.3%	6.9%	₹334.8b	₹304.00	PE14.9x	E15.6%	1.2%
500400 Tata Power	₹381.35	4.6%	-10.9%	₹1.2t	₹418.23	PE31.9x	E14.7%	0.5%
TORNTPOWER Torrent Power	₹1,591.00	1.8%	7.7%	₹801.7b	₹1,354.70	PE34x	E11.9%	1.0%
CESC CESC	₹158.16	2.9%	10.2%	₹209.7b	₹201.70	PE15x	E11.6%	2.8%
GUJGASLTD Gujarat Gas	₹445.30	4.0%	-18.0%	₹306.5b	₹477.57	PE24.1x	E10.7%	1.3%
ADANIPOWER Adani Power	₹549.70	6.1%	-7.9%	₹2.1t	₹618.33	PE17.5x	E9.6%	n/a
POWERGRID Power Grid Corporation of India	₹309.00	1.6%	8.9%	₹2.9t	₹329.79	PE18.5x	E6.0%	3.4%
IGL Indraprastha Gas	₹176.95	1.3%	-19.0%	₹247.7b	₹228.85	PE14.6x	E4.9%	3.0%
NTPC NTPC	₹364.00	1.1%	6.2%	₹3.5t	₹413.81	PE16.1x	E4.0%	2.3%
MGL Mahanagar Gas	₹1,251.60	-2.0%	-9.5%	₹123.6b	₹1,532.62	PE11.8x	E3.5%	2.4%
GIPCL Gujarat Industries Power	₹191.20	8.3%	3.0%	₹28.9b	₹385.00	PE13.9x	E2.4%	2.1%
GAIL GAIL (India)	₹186.99	8.9%	-5.9%	₹1.2t	₹214.45	PE9.9x	E-5.0%	3.5%
GSPL Gujarat State Petronet	₹313.60	-0.2%	3.2%	₹176.9b	₹367.47	PE13x	E-17.8%	1.6%
RPOWER Reliance Power	₹42.13	5.2%	49.7%	₹169.2b	n/a	PE7x	n/a	0%
GVKPIL GVK Power & Infrastructure	₹3.38	0%	-68.8%	₹5.3b	n/a	PE0.9x	n/a	n/a

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