Q4 Results Highlights: Texmaco Rail Profit at ₹57.7 Crore; Cohance Lifesciences Profit at ₹20 Crore Dalal Street experienced a busy earnings session in the fourth quarter, with major companies reporting their financial results. Key players such as Dr Reddy’s Laboratories, Tata Power, and Torrent Power shared their performance, while others like Texmaco Rail and Cohance Lifesciences stood out with notable profit figures. The market saw mixed outcomes, with some firms reporting declines in profitability and others showing strong growth. Texmaco Rail reported a net profit of ₹57.7 crore for the quarter, up from ₹39.8 crore in the same period last year. Revenue declined slightly to ₹1,167 crore from ₹1,346.4 crore, but EBITDA increased to ₹106.4 crore from ₹97.6 crore. The company’s margin improved to 9.1% compared to 7.3% in the previous year. Cohance Lifesciences, meanwhile, recorded a net profit of ₹20 crore, a significant drop from ₹120.4 crore in the prior year. Revenue fell to ₹619.1 crore from ₹840.4 crore, with EBITDA decreasing to ₹98.7 crore from ₹229.2 crore. The company’s margin dropped to 15.9% from 27.3%. Dr Reddy’s Laboratories faced a sharp decline in profitability, with net profit plunging 86.2% year-on-year to ₹220 crore. Revenue also fell 12% to ₹7,516.2 crore, and margins contracted to 13% from 29.1%. Tata Power reported a net profit of ₹996 crore, down from ₹1,043 crore in the previous year. Revenue declined to ₹14,900 crore from ₹17,096 crore, while EBITDA dropped to ₹2,599.2 crore from ₹3,246 crore. Torrent Power also saw a significant drop in profit to ₹318.2 crore, down from ₹1,060 crore, despite flat revenue and stable margins. Several other companies reported mixed results.#tata_power #torrent_power #dr_reddys_laboratories #texmaco_rail #cohance_lifesciences
Adani Power hits all-time high, JSW Energy & other power stocks also trade higher as summer approaches; what analysts said Power stocks in India surged on Monday, April 13, 2026, with Adani Power hitting an all-time high of ₹184.4 per share, while Reliance Power, JSW Energy, and Tata Power also saw significant gains. The rally followed a 1.7% year-on-year increase in power demand during March, reaching 149 billion units (BU)—the highest March consumption since 2010. Analysts attributed the rise to growing anticipation of peak summer demand, which typically peaks between March and May, as well as broader macroeconomic factors such as the ongoing LPG crisis and geopolitical tensions in West Asia. The LPG shortage has prompted households to shift toward electric induction ovens and other appliances, boosting electricity consumption. Meanwhile, the conflict in West Asia has disrupted global natural gas and crude oil supplies, further tightening energy markets. Investors are increasingly optimistic about the power sector’s prospects, with demand for energy expected to rise sharply as temperatures climb. The Ministry of Power announced plans to defer maintenance shutdowns at thermal power plants, allowing additional capacity to be operationalized. This move aims to add around 10,000 megawatts (MW) of generation during peak summer, compensating for the 8,000 MW lost due to LNG supply disruptions. Piyush Singh, Additional Secretary in the Ministry of Power, emphasized that the country’s electricity system remains "robust, well-diversified, and adequately positioned" to meet demand. India’s installed capacity has surpassed 531 gigawatts, with total generation capacity at 520,511 MW as of March 16.#tata_power #adani_power #jsw_energy #ministry_of_power #piyush_singh
Power Sector Outlook: Mixed Performance Anticipated in Q4 FY26 Amid Muted Demand The power sector in India is expected to deliver a mixed performance in the fourth quarter of fiscal year 2026 (Q4 FY26), according to a report by PL Capital. The analysis highlights that underlying demand growth has remained limited, despite some increases in key metrics. Peak demand rose by approximately 2% year-over-year (YoY) to 245 gigawatts (GW), while energy consumption increased by 2% YoY to 425 billion units. However, the overall demand dynamics have not shown strong traction, leading to a subdued outlook for the sector. Power prices have continued to decline, with day-ahead market (DAM) prices falling by 12% YoY to Rs 3.9 per kilowatt-hour (kWh). This moderation is attributed to higher renewable energy generation and an ample supply of coal, which have kept supply conditions favorable. The report notes that the combination of renewable sources and coal availability has helped stabilize prices, even as demand growth remains constrained. Operational performance across power companies has been mixed. National Thermal Power Corporation (NTPC), one of the largest power generators in the country, reported a 4% YoY decline in generation. Its plant load factor (PLF) dropped to 65%, a 400 basis point (bps) decrease from the previous year. This decline is attributed to factors such as maintenance issues and lower-than-expected demand. In contrast, CESC (Central Electrical Supply Corporation) maintained stable performance, with a 3% YoY increase in generation. Tata Power, another major player, faced a sharp decline in generation due to disruptions at its Mundra plant. The company’s performance has been heavily impacted by operational challenges, which have affected its ability to meet demand.#tata_power #pl_capital #adani_energy_solutions #national_thermal_power_corporation #cesc
Power stocks rise today; Adani Power gains 2% after 1,600 MW deal win The power sector witnessed a surge in buying interest today, with Adani Power leading the gains after securing a significant business development. Shares of Adani Power climbed by 2% following news of a 1,600 MW deal, which has positioned the company as a key player in the sector. Other power stocks such as Tata Power, NLC India, and Torrent Power also saw upward movement, reflecting broader optimism in the market. The deal win has drawn attention to Adani Power’s expanding footprint in the energy sector, with the 1,600 MW project likely to bolster its capacity and revenue streams. Analysts noted that the company’s focus on renewable energy projects has strengthened its position in the competitive power market. Meanwhile, Tata Power and Torrent Power also reported positive momentum, driven by similar business developments and improved investor sentiment. NLC India, a major player in the power generation space, also saw its shares rise, indicating renewed confidence in the sector’s growth potential. The overall uptick in power stocks suggests that investors are optimistic about the industry’s prospects, particularly with ongoing infrastructure investments and government support for clean energy initiatives. The market’s positive reaction underscores the importance of power companies in India’s economic landscape, where energy demand continues to rise alongside industrial and residential consumption. Adani Power’s recent success highlights the sector’s potential for growth, even as companies navigate challenges such as regulatory changes and fluctuating fuel prices. The deal is expected to contribute to Adani Power’s long-term strategy of diversifying its energy portfolio and expanding its operations.#tata_power #adani_power #torrent_power #power_sector #nlc_india
Power Stocks Surge Amid Rising Demand and Summer Outlook Shares of major power companies saw significant gains in early trading on Friday, March 13, driven by increased investor interest and expectations of heightened power demand. The sector's performance followed a 2.5% rise in the previous trading session, with several stocks climbing between 1% and 6%. Notable performers included NTPC Green Energy, Adani Power, JSW Energy, and Tata Power, though some stocks later dipped as the broader Indian stock market experienced a sharp decline. NTPC Green Energy led the pack, surging 6.5% on the day, while Adani Power rose 3.5% after a 6% gain the prior day. JSW Energy shares climbed 2%, contributing to a 6% total gain in the last trade. Coal India and NTPC also saw marginal gains, hitting fresh 52-week highs on the BSE before stabilizing. The surge in power stocks is attributed to the peak power demand observed in March and the anticipation of a challenging summer season. According to a report by JM Financial, evening power demand reached 224.6 gigawatts (GW) on March 10, the highest recorded for the month, with a 7% year-on-year increase. During non-solar hours, renewable energy, hydro, gas, and coal sources operated at utilization rates of 67%, 28%, 87%, and 95%, respectively. Analysts note potential supply gaps in gas and hydro, which could lead to higher plant load factors (PLFs) for thermal utilities and the coal supply chain. The report also highlights geopolitical tensions, which may result in persistently high liquefied natural gas (LNG) prices and intense summer conditions, pushing coal-fired generation to meet evening demand.#tata_power #coal_india #adani_power #jsw_energy #ntpc_green_energy
Adani Power, Tata Power, Coal India shares surge over 7% as market expert highlights strategic buying opportunities Shares of Adani Power Ltd, Tata Power Company Ltd, and Coal India Ltd saw significant gains on Thursday, with the stocks rising by up to 7% during the trading session. Market expert Kiran Jani, Head of Technical Research at Jainam Broking, analyzed the performance of the three stocks, citing favorable factors such as the onset of early summer and growing concerns over the oil and gas sector. Jani emphasized that the stocks appear attractive for investors, particularly in the context of rising energy demand and geopolitical tensions affecting global energy markets. He recommended a "buy-on-dips" strategy for both Tata Power and Adani Power, suggesting that investors should consider entering at key support levels while maintaining strict stop-loss measures. For Coal India, Jani noted that the stock looks promising at current prices, with a major support zone around the Rs 400–420 range. He predicted that the stock could potentially rise to Rs 500 in the coming period, provided it holds above the support levels. Investors are advised to monitor the stock closely and adjust their positions based on market movements. On Tata Power, Jani highlighted the Rs 390–380 range as an accumulation zone, urging traders to keep a stop loss below Rs 370. If the stock maintains its position above Rs 370, he expects it to move toward Rs 410–420 in the short term. For Adani Power, the major support lies around Rs 130–135, with the potential for the stock to rise to Rs 160–170 if it breaks through key resistance levels. The stock price movements were reflected in the market data, with Adani Power shares closing at Rs 149.10, up 7.38%, Coal India ending at Rs 470.15, a 5.34% increase, and Tata Power settling at Rs 402.#tata_power #coal_india #adani_power #kiran_jani #jainam_broking
Power Stocks Surge Amid Rising Demand and Energy Transition Shift Power stocks in India are experiencing a significant rally on Thursday, March 12, as the sector leads the broader market recovery. Shares of NTPC Green Energy have surged 13%, making it the top gainer on the Nifty 500 index, while JSW Energy rose 7%, and Adani Power, CESC, BHEL, Torrent Power, and Tata Power also recorded gains between 4% and 6%. The surge is attributed to a combination of factors, including increased power demand and shifting dynamics in energy generation. The early onset of summer in India has driven up electricity consumption, while a surge in the use of electric cookware and battery infrastructure has further boosted demand. This trend is exacerbated by the ongoing LPG crisis, which has prompted households and industries to rely more on electric alternatives. The LPG shortage, linked to geopolitical tensions in West Asia, has accelerated the transition toward renewable and grid-based energy solutions. India’s Coal Ministry has stated that the country’s coal stockpile of 210 million tonnes is sufficient to meet demand for 88 days. However, power demand has remained subdued in recent months due to persistent monsoon rains and the winter season, with the current financial year’s demand at 245 gigawatts—well below the earlier projected 270 gigawatts. Despite this, the sector is showing signs of recovery, with thermal power plants operating at over 70% of their capacity, compared to around 25% for solar and wind installations. Morgan Stanley has highlighted the potential for thermal coal-based power generation to absorb incremental load as demand rises. The firm noted that this shift could support a smoother ramp-up in thermal coal production, which is critical for meeting immediate energy needs.#morgan_stanley #tata_power #adani_power #jsw_energy #ntpc_green_energy
Rising power demand this summer season can benefit these stocks, as per Morgan Stanley Morgan Stanley has highlighted that increasing temperatures across India and constrained fuel supplies could shift the balance in favor of thermal power producers in the fiscal year 2027. The brokerage firm noted that power demand remained subdued in fiscal year 2026 due to a cooler summer and an unusually strong winter, which reduced electricity consumption during peak months. However, early trends in FY27 suggest a reversal, with temperatures already rising and several regions experiencing heatwave conditions. This is expected to drive a surge in electricity demand in the coming months. On the supply side, Morgan Stanley has identified emerging risks. The firm warned that gas and hydro power generation could face challenges in the first half of FY27. Persistent tensions in the Middle East are likely to tighten global gas supplies, potentially impacting LNG availability for India. Additionally, reports indicate the Himalayan region may experience one of its driest spring seasons on record, which could reduce hydroelectric output. In FY26, gas and hydro power accounted for approximately 2% and 9% of India’s total power generation, respectively. Against this backdrop, Morgan Stanley anticipates that thermal coal-based generation will take on a larger share of incremental demand. This shift could also result in higher solar curtailment in certain regions, enabling thermal plants to increase output more smoothly. The brokerage firm emphasized that stronger merchant power prices could benefit companies like Adani Power and JSW Energy through improved earnings. It also noted that a settlement related to the Mundra project or the imposition of Section 11 of the Electricity Act could act as a positive catalyst for Tata Power.#morgan_stanley #tata_power #adani_power #jsw_energy #torrent_power
Stocks to Watch Today: Key Companies in Focus on 9 March On March 9, several stocks are expected to be in focus, including RITES, GNFC, IRB Infra, Tata Power, Dr Reddys Labs, Max Estates, Meesho, Kwality Walls, and PB Fintech. The list also includes additional companies such as SML Mahindra, Max Financial Services, Kotak Mahindra Bank, and Yes Bank. UltraTech Cement and Tata Motors Passenger Vehicles are also highlighted as potential areas of interest for investors. The market activity on this day is anticipated to be influenced by various factors, including sector-specific developments and broader economic trends. Analysts and traders are likely to monitor these stocks closely for any signs of price movements or significant news that could impact their performance. Companies like Dr Reddys Labs and Tata Power are expected to draw attention due to their recent financial reports and operational updates. Max Estates and Meesho, which are part of the real estate and e-commerce sectors respectively, may see increased trading activity as investors assess their growth prospects and market positioning. Similarly, PB Fintech and Kwality Walls are likely to be scrutinized for their performance in the financial and dairy sectors. The focus on these stocks reflects the dynamic nature of the market, where investors often look for opportunities in sectors showing resilience or potential for growth. The inclusion of companies like RITES and IRB Infra underscores the interest in infrastructure and construction sectors, which are typically sensitive to economic cycles and government policies. Investors are advised to stay updated with the latest news and market trends to make informed decisions.#dr_reddys_labs #tata_power #max_estates #meesho #kotak_mahindra_bank
