Jefferies, in its latest India Power Monthly report, highlights several Indian power stocks and assigns them bullish upside potential. The brokerage points to a mix of generation and utility exposure, naming Adani Energy Solutions, JSW Energy and NTPC among its top picks.
The report keeps India’s FY27 power demand growth estimate at 7%. This context is used to support its sector view, with the selected companies positioned as beneficiaries of expected demand expansion. While Jefferies’ selections are framed as top opportunities, the different coverage centers mainly on which specific stocks are named and the magnitude of projected upside, with details focused on target prices and implied returns rather than on changes to broader demand assumptions.
Across the sources provided, the emphasis stays consistent: Jefferies maintains the same FY27 growth outlook and continues to feature the same set of companies as its preferred picks in the power sector.
