Power Stocks Rally: NTPC, JSW Energy Up 4% on Jefferies' 2026 Rebound Bet
NTPC C and JSWENERGY rgy shares rose up to 4% Friday, hitting ₹412.50 (+3.2%) and ₹728.20 (+3.8%), after Jefferies flagged them as top picks for a power sector snapback.
The brokerage eyes 2026 demand surge from renewables PPAs and thermal expansions, post-2025's rain-hit slowdown. NTPC's 80 GW pipeline and JSW's 14 GW diversified mix promise 15-20% EBITDA growth in FY27, amid 7-8% electricity demand rise.
Peers like Adani Green gained 1-2%; sector set for ₹5L cr investments by 2028.
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