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Top 10 Power Stocks in India for October 2026

Sector Alpha's October 2026 ranking of power stocks worth ₹2,000 crore or more, from the weekly scan to 9 October 2026, put Atlanta Electricals (79/100), Indo Tech Transformers (76/100) and Emmvee Photovoltaic Power (73/100) at the top. The score weighs growth, business quality, valuation against history and price strength. Source: Sector Alpha weekly scan.

  1. 1Atlanta Electricals79scoreGrowthQualityValuationPriceGrowth 96 · Quality 77 · Valuation 45 · Price strength 85
  2. 2Indo Tech Transformers76scoreGrowthQualityValuationPriceGrowth 83 · Quality 73 · Valuation 75 · Price strength 69
  3. 3Emmvee Photovoltaic Power73scoreGrowthQualityValuationPriceGrowth 77 · Quality 81 · Valuation 78 · Price strength 50
  4. 4Quality Power Electrical Equipments70scoreGrowthQualityValuationPriceGrowth 72 · Quality 70 · Valuation 46 · Price strength 93
  5. 5Waaree Energies70scoreGrowthQualityValuationPriceGrowth 77 · Quality 72 · Valuation 46 · Price strength 83
  6. 6TD Power Systems68scoreGrowthQualityValuationPriceGrowth 88 · Quality 79 · Valuation 23 · Price strength 62
  7. 7Kalpataru Projects International67scoreGrowthQualityValuationPriceGrowth 74 · Quality 65 · Valuation 53 · Price strength 70
  8. 8V-Marc India66scoreGrowthQualityValuationPriceGrowth 72 · Quality 69 · Valuation 75 · Price strength 44
  9. 9Suzlon Energy65scoreGrowthQualityValuationPriceGrowth 67 · Quality 73 · Valuation 97 · Price strength 18
  10. 10Indian Renewable Energy Development Agency65scoreGrowthQualityValuationPriceGrowth 86 · Quality 79 · Valuation 59 · Price strength 15

The power stocks here follow the rule in place when the month was frozen, ranked on their scores from that month. Not frozen yet: this October 2026 ranking is worked out again from the stored weekly scores each time the page is built, so it follows today's rule. Once a month is frozen, it never changes.

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Disclosure: Sector Alpha is not a SEBI-registered research analyst. This page is information and education only, not a recommendation to buy, sell or hold any security. No price targets are given. Data: NSE prices through our weekly pipeline. Past performance does not indicate future results.

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