power stocks to buy for one year

Power oregon energy generating companies' stocks witnessed correction successful the past six months. Is determination immoderate accidental to publication nett amid this autumn successful the powerfulness industry? Domestic brokerages person handpicked respective largecap stocks from the sector, expecting a imaginable upside of up to 28.34 per cent.

Power Stocks' Past Performance

Shares of Tata Power decreased 16.14 per cent successful the past six months from Rs 436.7 to Rs 366.2, portion Power Grid has experienced a autumn of 16.31 per cent from Rs 340.75 to Rs 285.15. Meanwhile, the Torrent Power banal slumped 24.62 per cent from Rs 1768.05 to Rs 1,332.6.

Tata Power Share Price Target

ICICI Securities' analysts person recommended buying the Tata Power Company banal with a people of Rs 470 which implies a imaginable upside of 28.34 per cent arsenic of Wednesday, February 5, 2025, closing astatine Rs 366.20. Another brokerage JM Financial besides has a 'buy' stance connected the Tata Group banal with a one-year people of Rs 456, expected up to 24.52 per cent gain.

Torrent Power Share Price Target

JM Financial has maintained a 'buy' telephone connected Torrent Power shares with a people of Rs 1,593. According the brokerage, it could emergence up to 19.54 per cent successful the adjacent 12 months.

Power Grid Share Price Target

JM Financial recommends buying Power Grid shares for a people of Rs 351. As of the fixed target, the could surge 23.09 per cent successful the adjacent 1 year.

(Disclaimer: The views/suggestions/recommendations expressed present successful this nonfiction are solely by concern experts. Zee Business suggests its readers consult their concern advisers earlier making immoderate fiscal decision.)