Alongside Suzlon, state-run BHEL is expected to have a positive quarter with a 12% revenue rise, driven by a pickup in execution and increasing share of new orders, the brokerage said.
Power stocks jumped as much as 4 per cent during the trading session Wednesday as global brokerage firm Bernstein initiated coverage on select companies.
Companies like Adani Green, Jindal Power, JSW Energy, and Adani Power Ltd are currently leading the pack in the Day-Ahead Market (DAM) segment, as per market share, the brokerage noted.
Counters such as KPI Green Energy Ltd, NTPC Ltd, its wholly-owned subsidiary NTPC Green Energy Ltd, NLC India Ltd, JSW Energy Ltd, KP Energy Ltd and Adani Green Energy Ltd were trading in the green during the session.
The rising military conflict in West Asia between the US-Israel and Iran had triggered a sharp boil in crude oil prices, with ample fears of shortage of supply of natural gas through Straight of Hormuz.
"Given the current geopolitical developments, we envisage higher probability of a scenario of persistently high LNG prices and intense summer," JM Financial added.
JM Financial JM Financial believes that India's power and utilities sector is facing heightened uncertainty as peak summer demand for electricity is forecast to surge.
Jeet Adani, Director of Adani Digital Labs, addressed the India AI Impact Summit, outlining a vision for India's 'AI century' built on the pillars of energy, compute, and services sovereignty. He emphasized that 'AI is going to redefine sovereignty' and questioned whether India will import intelligence or architect its own. Adani highlighted the Adani Group's commitment to invest $100 billion in a green energy-powered AI infrastructure platform, describing it as a 'trigger for a five gigawatt 250 billion dollar integrated energy and compute ecosystem'. He argued that energy security is now equivalent to intelligence security, as AI systems depend on stable power grids. Adani further stressed the need for domestic compute capacity to ensure autonomy and prevent strategic leverage from concentrating externally. He concluded by stating that India's rise in technology is aimed at inclusion and stability, ensuring the AI revolution serves Indian citizens across agriculture, healthcare, and education before becoming a 'margin multiplier for others'.
Stocks including Adani Ports, ICICI Bank, Bharti Airtel, NTPC Green, RailTel Corp, UPL, IDFC First Bank, Cipla and more will be in the spotlight on Monday, February 23.
Adani Enterprises stock rose 2.64% to Rs 2242.25 on Tuesday against the previous close of Rs 21.84.65.
Stocks including Infosys, Adani Enterprises, Eternal, BHEL, Dabur, Hexaware Tech, Ola Electric, Tata Steel, HAL and more will be in the spotlight on Wednesday, February 18.




