New Delhi, Aug. 20 -- NTPC, Skipper, and JSW Energy are among the power and utilities stocks on which domestic brokerage firm Axis Direct remains optimistic following their June-quarter results.

Despite the sector delivering a mixed performance during the reporting quarter, the brokerage picked these three stocks, as it believes strong capacity additions, healthy order books, and improving execution could support their earnings momentum going forward.

Axis Direct remains positive on NTPC as the company continues to expand across both thermal and renewable energy. NTPC Group's installed capacity grew by 1,796 MW in Q1 FY27 to 90,904 MW as of June 30, 2026, while the group carries around 35.7 GW of capacity under construction across coal,...