Stocks to buy today: Amid high volatility in the Indian stock market, experts are betting high on power sector stocks. They believe India’s power demand is expected to increase from March to May 2025 from 220 GW to 270 GW. They said that the Indian government is trying its best to meet the rising power demand through renewable energy. Still, it would certainly add value to the balance sheet of some quality power companies. As market discounts before the event, they advised medium-term investors to buy some of the quality power sector shares like Tata Power, Adani Green, Adani Power, etc.
Triggers for power stocks
On triggers working in favour of power stocks despite weak sentiments on Dalal Street, Vikas Gupta, Smallcase Manager and Founder at OmniScience Capital, said, “The power theme has been on our radar for quite some time, and we are quite optimistic on the theme, due to severe mispricing in several stocks in the sector. To invest in the theme, we look at the whole ecosystem, starting from generators, distributors, trading, capital equipment, construction and EPC, other services, and finance. From this, we see several attractive power generation companies mispriced given their capital work in progress, which will significantly increase their revenue and earnings over the next few years.”