NTPC vs Power Grid vs Tata Power: Side-by-Side Comparison of India’s Top Power Sector Stocks
- September 22, 2026
- Posted by: Harsh Piplani
- Category: Uncategorized
NTPC, Power Grid Corporation and Tata Power compared on market cap, valuation, ROE, 52-week range and dividend yield. Data as of September 2026.
Quick Answer
NTPC vs Power Grid Corporation vs Tata Power is a side-by-side comparison of three of India’s leading power and electric utility companies. NTPC carries the largest market cap and trades at the lowest PE of the three, Power Grid Corporation posts the highest ROE alongside the highest dividend yield, and Tata Power commands the richest valuation despite the lowest ROE. Each company’s numbers are presented here without a declared “better” pick, since the right stock depends on an investor’s own criteria.
NTPC vs Power Grid vs Tata Power starts with the core numbers most investors compare across leading power and electric utility companies: market capitalisation, valuation, profitability, and the 52-week trading range. Figures below are as of September 2026 and will shift with daily price moves.
Tap to Access Best Research Pieces on Univest
Also read – HDFC Bank vs ICICI Bank vs Axis Bank: Side-by-Side Comparison of Three Leading Private Banks
NTPC vs Power Grid vs Tata Power: Key Metrics at a Glance
| Metric | NTPC | Power Grid Corporation | Tata Power |
|---|---|---|---|
| Market Cap (approx.) | Rs 3,34,390 crore | Rs 2,54,418 crore | Rs 1,20,944 crore |
| PE Ratio (TTM) | 12.04 | 16.01 | 31.31 |
| PB Ratio | 1.65 | 2.53 | 3.06 |
| ROE (%) | 13.55% | 15.84% | 9.49% |
| 52-Week High | Rs 414.40 | Rs 324.95 | Rs 464.90 |
| 52-Week Low | Rs 315.55 | Rs 250.00 | Rs 342.50 |
| Dividend Yield | 2.57% | 3.29% | 0.66% |
Check the Univest Screener for live data
Valuation Comparison: PE and PB Ratios
On valuation, NTPC trades at the lowest PE ratio of the three at 12.04, Power Grid Corporation follows at 16.01, while Tata Power commands a considerably higher PE at 31.31, reflecting the market’s growth expectations for its renewable energy and distribution expansion plans.
Profitability Comparison: Return on Equity
On return on equity, Power Grid Corporation leads the trio at 15.84%, ahead of NTPC at 13.55% and Tata Power at 9.49%, a pattern that broadly aligns with the regulated, annuity-like return profiles of NTPC and Power Grid Corporation compared with Tata Power’s more diversified business mix.
52-Week Trading Range Comparison
Tata Power has traded in the widest absolute price band of the three over the past 52 weeks, between Rs 342.50 and Rs 464.90, followed by NTPC between Rs 315.55 and Rs 414.40. Power Grid Corporation has moved in a narrower range of Rs 250.00 to Rs 324.95.
Download the Univest iOS App or Univest Android App to track NTPC, Power Grid Corporation and Tata Power live prices.
Dividend Yield Comparison
Power Grid Corporation offers the highest dividend yield among the three at 3.29%, narrowly ahead of NTPC at 2.57%, both considerably higher than Tata Power at 0.66%, reflecting the more mature, cash-generative nature of India’s largest power generation and transmission utilities.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three power sector names should track capacity addition plans, particularly in renewable energy, regulatory return frameworks that govern NTPC and Power Grid Corporation’s earnings, and Tata Power’s execution on its solar and distribution expansion strategy.
Also read – TCS vs Infosys vs Wipro: Side-by-Side Comparison of India’s Top IT Services Stocks
Snapshot: NTPC vs Power Grid vs Tata Power is a widely searched comparison among investors tracking this sector. NTPC vs Power Grid vs Tata Power highlights differences in valuation. NTPC vs Power Grid vs Tata Power highlights differences in profitability. NTPC vs Power Grid vs Tata Power highlights differences in dividend yield. NTPC vs Power Grid vs Tata Power is best read as a factual snapshot rather than a recommendation.
In short: NTPC vs Power Grid vs Tata Power remains one of the most-searched sector comparisons on Dalal Street. NTPC vs Power Grid vs Tata Power draws attention every earnings season. NTPC vs Power Grid vs Tata Power is tracked closely by retail and institutional investors alike. NTPC vs Power Grid vs Tata Power numbers should always be checked live before acting.
Quick recap: NTPC vs Power Grid vs Tata Power. NTPC vs Power Grid vs Tata Power. NTPC vs Power Grid vs Tata Power data as of September 2026.
Conclusion
NTPC vs Power Grid vs Tata Power highlights how differently three leading names in the same sector can score across valuation, profitability and dividend metrics, even when operating in the same space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on NTPC vs Power Grid vs Tata Power
What is the market cap difference between NTPC, Power Grid Corporation and Tata Power?
Ans. As of September 2026, NTPC has a market cap of approximately Rs 3,34,390 crore, Power Grid Corporation is at approximately Rs 2,54,418 crore, and Tata Power is at approximately Rs 1,20,944 crore.
Which of the three has the highest PE ratio?
Ans. Among NTPC, Power Grid Corporation and Tata Power, the PE ratios stand at 12.04, 16.01 and 31.31 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. NTPC, Power Grid Corporation and Tata Power post ROE of 13.55%, 15.84% and 9.49% respectively as of September 2026.
What is the 52-week range for NTPC, Power Grid Corporation and Tata Power?
Ans. NTPC has traded between Rs 315.55 and Rs 414.40, Power Grid Corporation between Rs 250.00 and Rs 324.95, and Tata Power between Rs 342.50 and Rs 464.90 over the past 52 weeks.
Which of these three stocks pays the highest dividend yield?
Ans. NTPC, Power Grid Corporation and Tata Power carry dividend yields of 2.57%, 3.29% and 0.66% respectively as of September 2026.
Which power sector stock has the highest dividend yield?
Ans. Power Grid Corporation has the highest dividend yield among the three at 3.29%, narrowly ahead of NTPC at 2.57%, both well above Tata Power at 0.66%.
Why does Tata Power trade at a higher PE than NTPC and Power Grid?
Ans. Tata Power trades at a higher PE partly because the market is pricing in growth expectations for its renewable energy and distribution expansion plans, unlike the more regulated, steady-return profiles of NTPC and Power Grid Corporation.
Is one of NTPC, Power Grid Corporation or Tata Power better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
