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Macquarie’s top power picks: NTPC leads, eyes 40% rally in Power Grid amid $51 billion investment estimates

Posted on June 12, 2026
By Financial Express
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1 min read

Macquarie’s top power picks: NTPC leads, eyes 40% rally in Power Grid amid $51 billion investment estimates

Macquarie has outlined its outlook on India's energy sector and utility stocks. The brokerage prefers NTPC, JSW Energy and Power Grid, citing rising power demand, transmission investments and renewable energy expansion. Check target prices and key sector trends.