# Axis Direct recommends NTPC, Skipper and JSW Energy after Q1

2026-08-20T16:31:34+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Axis Direct has retained Buy ratings on NTPC, Skipper and JSW Energy after their June-quarter results, with target prices of Rs 420, Rs 605 and Rs 630 respectively, LiveMint reports. The brokerage cited NTPC’s capacity expansion, Skipper’s order book and JSW Energy’s additions and fundraising. NTPC’s installed capacity rose to 90,904 MW, Skipper’s order book reached Rs 9,217 crore, and JSW Energy’s capacity stood at 14.5 GW. Millennium Post separately reports that NTPC’s standalone profit after tax rose to Rs 8,747 crore in Q4 FY26 from Rs 4,987 crore in Q3. Its FY26 profit increased 18% to Rs 23,162 crore, while consolidated group profit rose 15% to Rs 27,546 crore. NTPC’s coal plants recorded a 72.04% plant load factor in FY26, against 63.20% for coal plants across India. The brokerage recommendations remain analyst views, not investment advice.

## Indian Opinion Analysis

LiveMint leads with a brokerage case for three stocks and gives substantial weight to future capacity, orders and execution. Millennium Post instead presents NTPC through audited profit growth and operating performance, while its positive language reflects the company’s official results framing. Neither account offers a full valuation comparison, downside risk assessment or independent challenge to the forecasts. The measured reading is that Axis Direct’s targets depend on execution, while NTPC’s reported earnings provide historical evidence rather than a guarantee of returns. Investors should watch the companies’ next quarterly results and delivery against their stated capacity and order-book plans.

## Coverage

Coverage: 2 sources, 1 pro-government, 1 neutral
- livemint.com (neutral report) <https://www.livemint.com/market/stock-market-news/ntpc-to-jsw-energy-axis-direct-recommends-these-three-power-utility-stocks-to-buy-after-q1-11787223164774.html>
  Reports Axis Direct recommendations and supporting company metrics
- millenniumpost.in (pro government) <https://www.millenniumpost.in/business/ntpc-reports-8747-cr-profit-for-q4-fy26-661212>
  Frames NTPC results as leadership and operational success

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-08-22T10:20:57+00:00.

Tags: Axis Direct, BSE, JSW Energy, NTPC, Skipper
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
