What to do with power stocks?

Sandeep Singh Aug 21,2024

What to do with power stocks?

[{"selector":"#anim-aed1ba5b-f748-415e-9c4e-e6c34a5d9679 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.923297987800919%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-66f0a931-281a-4ec6-a2ff-99e708562147","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-f1f9a881-b27f-4f7e-a506-b70bd83e3be5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Here's what Bernstein analysts make of energy sector stocks.

Should you buy/sell/hold NTPC shares?

[{"selector":"#anim-ff9064de-d61c-419e-af09-dece1aafc413 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.2175817360226953%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-36b9e128-9a8d-477d-87c3-81eac85b537d","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-fbab1a21-8a7d-4748-ab8f-01ccb399754a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Bernstein has maintained an 'outperform' rating on NTPC.

NTPC target

[{"selector":"#anim-d5b87ab3-eef9-44bd-ab63-13835d19b9c9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.2716426241111853%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b3776088-25fb-49a9-ac76-f64e1a82120a","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-a391868b-1e47-4159-a85f-58ded0216dda","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The brokerage has raised its target for the NTPC stock to Rs 440 from Rs 380.

Bernstein maintains 'outperform' on Power Grid

[{"selector":"#anim-059c1d95-8c28-4b9c-878c-8f1af518b33d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.2716426241111853%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f1b66773-f6b8-4009-a9c7-5a4c9e37ee93","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-442a012f-e12d-4c6a-bd6b-ee4586aae22d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The brokerage has revised its target for the stock to Rs 340 from Rs 315.

Bernstein retains 'outperform' on REC

[{"selector":"#anim-67c5ef1d-7ca1-4d8c-ae64-0e2bcfb07c5c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.9379875109037614%, 23.584905660377366%) scale(1.4716981132075473)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b4b017a0-68d3-4d8a-adff-48ad9b74b19f","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-d7c6c071-224d-4395-9411-d7f984624206","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The brokerage has kept its target at Rs 653.

What to do with power stocks?