New Delhi, June 11 -- Adani Power, Adani Energy and JSW Energy shares traded higher on Thursday after Macquarie initiated coverage on these stocks with a bullish view. Other energy stocks, including Adani Green Energy and Power Grid Corporation also rose as the global brokerage firm raised its target prices on these stocks.

Macquarie initiated coverage on JSW Energy shares with an 'Outperform' rating, and Adani Power and Adani Energy Solutions shares with a 'Neutral' rating.

The brokerage firm believes that India's power sector is undergoing a dual-track evolution, with coal continuing to anchor baseload stability while renewables drive incremental capacity growth, supporting an expected expansion in installed capacity from around 538 G...