New Delhi, June 16 -- The S&P BSE Power Index, a sectoral market index that tracks power and energy sector companies listed on BSE, fell by over 14% in the last year.

Several factors, including valuation correction, weak industrial demand due to weak corporate earnings, FII outflows, and sector-specific hurdles such as rising coal prices and delays in capacity expansion, contributed to the fall in the price of power stocks.

However, the index saw a rebound, going up by almost 16% in the last three months.

The primary reason is the rising demand for power. Delays in new project execution also limit new supply against the growing demand, benefiting existing power generating companies.

With the power stocks on the rise, we have shortlist...