icTracker Valuation of BSE Utilities stocks
*NOTE - Grey coloured rows indicate that 41% of stocks in this list have moved towards their Intrinsic Price since the valuation date
Intrinsic Price and Market Price are in Rs., Market Cap is in Rs. Cr
Outlook codes :: Blsh - Bullish; Brsh - Bearish; FrBl - Fairly Bullish; FrBr - Fairly Bearish; VrBl - Very Bullish; VrBr - Very Bearish; WkBl - Weak Bullish; WkBr - Weak Bearish
| No | Stock Name | Industry | Valuation Date | Market price on val. date | Intrinsic price on val. date | Latest market price | Latest full market cap | Latest free-float market cap | MV to IV | KB | EVA® to NW | Outlook |
|
1
| ACME Solar Holdings | Solar | 31 Mar 2026 | 261.6 | -81.7 | 282.9 | 17,139.9 | 1,542.6 | -3.20 | -2.02 | -0.01 | FrBr |
|
2
| Adani Energy Solutions | Power Distribution | 31 Mar 2026 | 934.9 | 256.7 | 1,329.5 | 159,710.5 | 41,694.4 | 3.64 | 0.14 | -0.06 | FrBr |
|
3
| Adani Green Energy | Renewable Energy | 31 Mar 2026 | 806.9 | 9.2 | 1,377.8 | 226,947.9 | 62,848.5 | 87.25 | -18.61 | -0.11 | WkBr |
|
4
| Adani Power | Power Generation | 31 Mar 2026 | 150.4 | 54.2 | 219.1 | 422,508.4 | 67,394.3 | 2.77 | 0.36 | 0.00 | VrBr |
|
5
| Antony Waste Handling Cell | Waste Management | 31 Dec 2025 | 485.4 | 629.8 | 471.6 | 1,338.5 | 613.9 | 0.77 | 0.51 | -0.03 | FrBr |
|
6
| CESC Limited | Power Distribution | 31 Mar 2026 | 150.2 | 141.2 | 181.1 | 24,000.8 | 11,896.8 | 1.06 | 0.30 | -0.05 | FrBr |
|
7
| Concord Enviro Systems | Water Management | 31 Dec 2025 | 449.4 | 340.0 | 282.1 | 583.8 | 140.1 | 1.32 | 0.23 | -0.06 | VrBr |
|
8
| EMS Ltd | Water Management | 31 Dec 2025 | 434.0 | 322.6 | 318.0 | 1,765.9 | 476.8 | 1.34 | 0.41 | -0.03 | FrBr |
|
9
| Enviro Infra Engineers | Water Management | 31 Dec 2025 | 205.9 | 189.0 | 189.5 | 3,326.8 | 598.8 | 1.08 | 0.65 | -0.02 | FrBr |
|
10
| GMR Power and Urban Infra | Power Generation | 31 Dec 2025 | 111.3 | 141.8 | 114.5 | 8,938.7 | 4,380.0 | 0.78 | 0.87 | -0.16 | WkBr |
|
11
| Gujarat Industries Power | Power Generation | 31 Dec 2025 | 156.6 | 107.4 | 144.5 | 2,242.1 | 220.4 | 1.48 | -1.15 | -0.05 | FrBr |
|
12
| Inox Green Energy Services | Engineering turnkey | 31 Dec 2025 | 210.4 | 36.5 | 183.2 | 6,863.1 | 1,441.3 | 5.79 | -0.51 | -0.04 | FrBr |
|
13
| Ion Exchange India | Water Management | 31 Dec 2025 | 380.6 | 170.1 | 391.2 | 5,737.6 | 2,693.2 | 2.22 | 0.48 | -0.02 | FrBr |
|
14
| Jaiprakash Power Ventures | Power Generation | 31 Mar 2026 | 14.0 | 16.6 | 18.8 | 12,911.9 | 3,228.0 | 0.85 | -0.12 | -0.04 | Brsh |
|
15
| JSW Energy | Power Generation | 31 Mar 2026 | 471.6 | 217.7 | 533.2 | 93,690.0 | 23,299.1 | 2.17 | 0.12 | -0.06 | FrBr |
|
16
| KP Energy | Power Generation | 31 Mar 2026 | 249.9 | 350.9 | 356.3 | 2,408.1 | 1,324.5 | 0.71 | 0.78 | 0.09 | Blsh |
|
17
| KPI Green Energy | Renewable Energy | 31 Mar 2026 | 351.2 | 318.0 | 438.0 | 8,643.5 | 2,324.5 | 1.10 | 0.48 | -0.02 | FrBr |
|
18
| Nava Limited | Diversified | 31 Mar 2026 | 531.5 | 767.0 | 602.9 | 17,060.7 | 8,701.0 | 0.69 | 0.50 | -0.03 | FrBr |
|
19
| NHPC Limited | Power Generation | 31 Mar 2026 | 73.7 | 38.4 | 79.1 | 79,416.0 | 22,629.7 | 1.92 | -0.25 | -0.05 | FrBr |
|
20
| NLC India | Power Generation | 31 Mar 2026 | 268.6 | 344.5 | 358.4 | 49,690.1 | 9,215.3 | 0.78 | 0.47 | 0.00 | WkBr |
|
21
| NTPC Green Energy | Renewable Energy | 31 Dec 2025 | 94.6 | -10.1 | 107.7 | 90,717.9 | 6,350.3 | -9.89 | -3.22 | -0.04 | FrBr |
|
22
| NTPC Limited | Power Generation | 31 Dec 2025 | 329.6 | 271.6 | 389.4 | 377,588.2 | 184,334.3 | 1.21 | 0.22 | -0.03 | FrBr |
|
23
| Orient Green Power | Renewable Energy | 31 Mar 2026 | 8.0 | 7.7 | 11.1 | 1,303.2 | 659.7 | 1.04 | -0.28 | -0.06 | FrBr |
|
24
| Power Grid Corporation of India | Power Distribution | 31 Mar 2026 | 296.1 | 185.1 | 298.6 | 277,716.0 | 128,376.5 | 1.60 | 0.42 | -0.03 | FrBr |
|
25
| PTC India | Trading | 31 Mar 2026 | 157.6 | 326.6 | 207.1 | 6,131.5 | 5,168.0 | 0.48 | 0.27 | -0.03 | FrBr |
|
26
| RattanIndia Power | Power Generation | 31 Mar 2026 | 7.6 | 37.0 | 9.2 | 4,913.6 | 2,558.4 | 0.20 | 0.77 | -0.03 | FrBr |
|
27
| Reliance Infrastructure | Power Distribution | 31 Dec 2025 | 164.5 | 1,502.6 | 67.5 | 2,756.2 | 2,079.5 | 0.11 | 0.55 | -0.04 | VrBr |
|
28
| Reliance Power | Power Generation | 31 Dec 2025 | 34.9 | 18.1 | 27.1 | 11,212.1 | 8,353.7 | 1.92 | -1.21 | -0.05 | FrBr |
|
29
| SJVN Limited | Power Generation | 31 Mar 2026 | 63.4 | -23.5 | 74.6 | 29,300.6 | 3,812.6 | -2.69 | -2.54 | -0.03 | FrBr |
|
30
| Tata Power Company | Power Generation | 31 Mar 2026 | 378.8 | 203.3 | 415.0 | 132,606.6 | 69,509.5 | 1.86 | 0.27 | -0.06 | FrBr |
|
31
| Torrent Power | Power Generation | 31 Mar 2026 | 1,305.8 | 573.4 | 1,480.3 | 74,592.8 | 32,134.9 | 2.28 | 0.32 | -0.04 | VrBr |
|
32
| VA Tech Wabag | Water Management | 31 Dec 2025 | 1,303.3 | 698.8 | 1,391.2 | 8,666.8 | 5,374.5 | 1.86 | 0.44 | 0.00 | FrBr |
| Summary of BSE Utilities stocks | 4,903.1 | 2,668.5 | 6,037.1 | 2,155,307.0 | 712,509.3 | 1.84 | 0.21 | -0.04 | |