POWER COMPANY STOCK HAVING A STRONG UPSIDE POTENTIAL

Power sector is all set to drive India's infrastructure growth. One such stock from this sector is

. Driven by major capacity additions, the company reported a 78% sales growth and 56% profit growth YoY in Q1FY26. Moreover, the company is on track to achieve its 30 GW capacity goal by FY30 with strategic investments in renewables, storage, and equipment manufacturing. is making significant strides in power generation and renewable capacity expansion, positioning itself as a key player in India’s clean energy transition. It's Q1FY26 performance highlights robust growth, strategic investments, and strong long-term targets. In Q1FY26, the company increased it's installed capacity from 10.9 GW to 12.8 GW, adding 1.9 GW largely from the acquisition of the O2 portfolio and 550 MW of new renewable projects. This led to a 71% rise in power generation to 13,494 MUs. The company plans to add 3–4 GW of organic capacity in FY26 and is targeting 30 GW installed capacity by FY30. It currently has 12,983 MW under construction, of which 11,383 MW are renewable. The stock is crrently trading at Rs 540 levels, which is down by 30% from it's all time high of Rs 801.75 as on Sep 24, 2024. With such robust sales and profit growth, the company's share price has a strong upside potential of 30-35% in the next quarter.