As India’s power sector pivots toward an ambitious energy transition, brokerage firm JM Financial has released a comprehensive sector note outlining the road ahead for nuclear capabilities and utilities.
Following an interaction with nuclear industry veteran Bhaskar Pandit—former Associate Director at NPCIL—JM Financial weighed in on the feasibility of India’s 100 GW nuclear vision by 2047 and provided fresh ratings for top power stocks. Advertisement
In the renewable and utilities space, JM Financial remains bullish on several heavyweights. The brokerage has a ‘Buy’ call on Adani Green Energy , seeing an upside with a target price of Rs 1,289. similarly, JSW Energy has been tagged with a ‘Buy’ rating and a target price of Rs 697, suggesting a potential upside of over 50% from curre

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