Energy sector stocks in India
The energy sector at a glance: how its index is performing, how many of its 25 tracked stocks are in uptrends, how it is valued, and which companies lead and lag.
Data as of 21 Sep 2026 close
Index trend: Weak Downtrend
The Nifty Energy index has returned -0.9% over one month, -6.7% over three months and +8.2% over a year, and is currently in a weak downtrend.
Of the 25 energy stocks we track, 20% trade above their 200-day moving average and 16% above their 50-day average; 0 made a new 52-week high in the latest session.
The median P/E of profitable energy companies with market cap above ₹500 Cr is 22.3, with a median ROE of 11.4%.
Nifty Energy index performance
Index close
37,818.55
+0.12% today
Return 1 month
-0.87%
Return 3 months
-6.73%
Return 6 months
+5.99%
Return 1 year
+8.24%
Breadth: how many energy stocks are trending up
Stocks tracked
25
Above 20-DMA
28.0%
Above 50-DMA
16.0%
Above 200-DMA
20.0%
Average RSI
44.4
Median 3M return
-11.2%
52-week highs / lows
0 / 0
Breakouts / breakdowns
0 / 0
Technical breakdown of the energy sector →
Best 1-month performers
| Stock | 1M | Score |
|---|---|---|
| BHAGYANGRBhagyanagar India Limited | +12.7% | 84 |
| GIPCLGujarat Industries Power Company Limited | +11.3% | 49 |
| ADANIPOWERAdani Power Limited | +1.2% | 41 |
| TORNTPOWERTorrent Power Limited | +1.1% | 39 |
| BFUTILITIEBF Utilities Limited | +0.7% | 49 |
| POWERGRIDPower Grid Corporation of India Limited | +0.5% | 39 |
| ADANIGREENAdani Green Energy Limited | +0.1% | 59 |
| NTPCGREENNTPC Green Energy Limited | -0.7% | 53 |
Weakest 1-month performers
| Stock | 1M | Score |
|---|---|---|
| ADANIENSOLAdani Energy Solutions Limited | -9.7% | 32 |
| RTNPOWERRattanIndia Power Limited | -8.5% | 19 |
| CESCCESC Limited | -8.4% | 24 |
| GREENPOWEROrient Green Power Company Limited | -5.2% | 31 |
| RPOWERReliance Power Limited | -5.2% | 16 |
| JSWENERGYJSW Energy Limited | -4.6% | 23 |
| SJVNSJVN Limited | -3.9% | 24 |
| JPPOWERJaiprakash Power Ventures Limited | -3.6% | 45 |
Largest energy companies by market cap
Across 24 energy companies above ₹500 Cr: median P/E 22.3, median ROE 11.4%, median 3-year sales growth 4%.
| # | Company | Market cap | P/E | ROE | Debt/Eq | Sales CAGR 3Y | Return 6M |
|---|---|---|---|---|---|---|---|
| 1 | Adani Power LimitedADANIPOWER · Power Generation And Supply | ₹398,325 Cr | 27.41 | 22.4% | 0.84 | +12.0% | +34.4% |
| 2 | NTPC LimitedNTPC · Power Generation And Supply | ₹316,499 Cr | 11.66 | 13.4% | 1.33 | +2.0% | -13.7% |
| 3 | Power Grid Corporation of India LimitedPOWERGRID · Power Generation And Supply | ₹247,489 Cr | 15.61 | 15.8% | 1.47 | +1.0% | -9.8% |
| 4 | Adani Green Energy LimitedADANIGREEN · Power Generation And Supply | ₹214,726 Cr | 100.06 | 10.7% | 5.19 | +18.0% | +52.7% |
| 5 | Adani Energy Solutions LimitedADANIENSOL · Power Generation And Supply | ₹170,920 Cr | 55.30 | 12.2% | 1.93 | +28.0% | +41.1% |
| 6 | Tata Power Company LimitedTATAPOWER · Power Generation And Supply | ₹117,317 Cr | 22.32 | 13.3% | 1.93 | +4.0% | -6.0% |
| 7 | JSW Energy LimitedJSWENERGY · Power Generation And Supply | ₹94,734 Cr | 38.51 | 8.0% | 2.50 | +22.0% | +4.6% |
| 8 | NTPC Green Energy LimitedNTPCGREEN · Power Generation And Supply | ₹76,899 Cr | 127.06 | 3.2% | 1.67 | +156.0% | -5.6% |
| 9 | NHPC LimitedNHPC · Power Generation And Supply | ₹76,141 Cr | 17.84 | 10.3% | 1.26 | +3.0% | -1.8% |
| 10 | Torrent Power LimitedTORNTPOWER · Power Generation And Supply | ₹63,593 Cr | 25.75 | 12.9% | 0.73 | +4.0% | -9.3% |
| 11 | NLC India LimitedNLCINDIA · Power Generation And Supply | ₹36,975 Cr | 10.98 | 15.6% | 1.30 | +3.0% | -0.3% |
| 12 | SJVN LimitedSJVN · Power Generation And Supply | ₹24,895 Cr | 38.97 | 4.5% | 2.27 | +16.0% | -6.7% |
| 13 | CESC LimitedCESC · Power Generation And Supply | ₹19,018 Cr | 14.63 | 10.4% | 1.73 | +9.0% | -5.8% |
| 14 | IndiGrid Infrastructure TrustINDIGRID · Power Generation And Supply | ₹16,526 Cr | 41.42 | 6.6% | 3.52 | +27.0% | +5.0% |
| 15 | Jaiprakash Power Ventures LimitedJPPOWER · Power Generation And Supply | ₹11,294 Cr | 17.60 | 5.0% | 0.27 | -1.0% | +7.9% |
| 16 | POWERGRID Infrastructure Investment TrustPGINVIT · Power Generation And Supply | ₹9,225 Cr | 5.86 | 20.9% | 0.14 | -1.0% | +11.6% |
| 17 | Reliance Power LimitedRPOWER · Power Generation And Supply | ₹8,685 Cr | — | -3.0% | 0.92 | +0.0% | -7.4% |
| 18 | RattanIndia Power LimitedRTNPOWER · Power Generation And Supply | ₹3,818 Cr | 34.27 | 2.4% | 0.80 | -3.0% | -13.2% |
| 19 | Gujarat Industries Power Company LimitedGIPCL · Power Generation And Supply | ₹2,939 Cr | 5.84 | 13.1% | 0.94 | +3.0% | +43.4% |
| 20 | BF Utilities LimitedBFUTILITIE · Power Generation And Supply | ₹2,005 Cr | 7.04 | 140.9% | 4.61 | +18.0% | +30.3% |
