ICICI Securities has initiated a BUY call on Power Finance Corporation (PFC), assigning a target price of Rs 520, implying an upside of approximately 21% over the next 12 months.

Power Grid Corporation of India is drawing renewed attention on Dalal Street and research house Prabhudas Lilladher (PL Capital) has reiterated its BUY recommendation, raising the target price to R

Motilal Oswal Financial Services has reiterated a BUY call on Tata Power with a target price of Rs.455, implying an upside of 18% from the current market price of Rs.387.

Axis Securities has reiterated its BUY recommendation on Genus Power Infrastructures Ltd, while trimming its target price to Rs 355 from Rs 430 earlier.

BOB Capital Markets Ltd has reiterated its BUY call on Adani Ports and Special Economic Zone Ltd, setting a target price of Rs 1,960, implying an upside of nearly 28% from current levels.

Power Grid Corporation of India, the country’s dominant power transmission utility, is entering a structurally stronger execution phase after several quarters of muted performance.