Suzlon Energy vs Inox Wind vs NTPC vs CESC vs Tata Power: Best Expert Pick In Power Utility Segment Revealed!

Suzlon Energy vs Inox Wind vs NTPC vs CESC vs Tata Power: The power utility pack has been the talk of Dalal Street. Stocks such as Suzlon Energy, Inox Wind, NTPC, CESC, and Tata Power have delivered promising performances over the past few years. With many power stocks generating strong returns in recent months, investors are asking one question: Is the power stock rally over, or is there more upside ahead?

India's power demand surged in May 2026 due to intense summer heatwave, rising average temperature etc. The peak demand also hit an all-time high in May 2026. Growing power demand and concerns around global supply crunch due to geopolitical tensions and the Iran-US war in West Asia has build optimism around power utility segment stocks.

Suzlon Energy vs Inox Wind vs NTPC vs CESC vs Tata Power: Which Is A Better Bet?

India's power demand increased to 11.6% on an annual basis in May 2026. As per Nuvama report, thermal generation mix stood at 74% in May-26 with thermal PLF rising to 71.5% in May-26 from 67.9% in May-25. The power demand outlook has also improved for the first quarter of financial year 2026-27.

CESC and NTPC remained the preferred picks in the space, as per Nuvama Research report released on Wednesday, June 10. "CESC and NTPC remain the preferred picks in the space. While the long-term growth story remains intact for TPWR (downgraded to REDUCE in Q4) and PGCIL (upgraded to HOLD in Q4), current valuations appear stretched with limited near-term triggers."

Company	CMP (INR)	Reco/ Rating	TP (INR)	Upside
NTPC	356.60	Buy	445.00	24.8%
PGCIL	288.55	Hold	283.00	-1.9%
CESC	168.85	Buy	212.00	25.6%
TPCL	400.90	Reduce	390.00	-2.7%
IEX	120.58	Reduce	118.00	-2.1%
Suzlon	54.88	Buy	55.00	0.2%
Inox Wind	84.94	Buy	123.00	44.8%
ACME Solar	342.10	Buy	345.00	1%

"We remain cautious on SUEL and INXW as growth for wind players beyond FY28E could moderate amid the increasing shift towards Solar + BESS tenders," added Nuvama in its report.

Suzlon Energy vs Inox Wind vs NTPC vs CESC vs Tata Power: Share Price Trend, MCap

Suzlon Energy share price saw massive rally in March and April followed by sharp correction in May. Inox Wind share price value has seen massive decline. In contrast, NTPC share price has delivered strong returns. CESC has given negligible return in 2026 so far.

Suzlon Energy Share Price Trend

Suzlon Energy share price was trading 1.31% lower at Rs 53.15 per share on BSE at 1:43 pm on Thursday. The stock has delivered 28.13% return in three months and 1.56% returns in 2026 so far. However, the energy stock has declined 21.13% in one year.

Inox Wind Share Price Trend

Inox Wind share price was trading 1.93% lower at Rs 81.15 per share on BSE. The stock value has declined 33.93% since the beginning of the year 2026. The stock value has declined 55% in one year.

NTPC Share Price Trend

NTPC share price today was trading marginally lower at Rs 351.55 per share on BSE. The stock has delivered 4.53% return year to date (YTD) and 3.98% return in one year.

CESC Share Price Trend

CESC share price today was trading 0.83% lower at Rs 166.9 per share on BSE. The stock has delivered negligible return in 2026, as per BSE data. Its share price valuation has declined around 2.77% in one year.

Tata Power Share PRice Trend

Tata Power share price today was trading 1.37% lower at Rs 389.45 per share on BSE. The stock has delivered 1.9% return YTD, and negative 5.55% return in one year.