New Delhi, April 20 -- Power stocks have been on an upward trajectory in the recent past, even as the broader stock market sentiment has been fragile due to the US-Iran conflict, a sharp spike in crude oil prices, and growing concerns that an energy shock can derail the growth momentum of the Indian economy and delay earnings recovery.

On Monday, 20 April, several power stocks, including Adani Power, NTPC, PFC, BHEL, Tata Power, Hitachi Energy India, Siemens, Thermax, and Torrent Power, hit their 52-week highs in intraday trade on the BSE.

Since the US-Iran war began on 28 February, power stocks such as Adani Power and Waaree Renewable Technologies have surged 30-40%.

Stocks such as JP Power, Adani Energy, NTPC Green, GRE Renew Enertec...