Based on current RS Ratings, the strongest Electrical Equipment stocks in India are Modern Insulators Ltd. (RS 99), Diamond Power Infrastructure Ltd. (RS 99), Indo Tech Transformers Ltd. (RS 98). These stocks have the highest relative strength compared to all other stocks in the market. RS Rating is updated daily on sharpely. Currently, 29 of 126 stocks (23%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Electrical Equipment Stocks in India
126 stocks · 2 industriesNSE Industry GroupPart of Capital Goods sectorUpdated 9 Aug 2026
Market Statistics
Breadth — stocks above 200 EMA
44%
Moderate — 44% above 200 EMA
RS Rating — in market's strongest 20%
29 of 126
23% of stocks are top performers
Average P/E
23.1x
Industry group average
Stocks outperforming Nifty 50 (1Y)
33.7%
Weak — 33.7% beat Nifty
Current outlook
Auto‑updated dailyThe Electrical Equipment industry group shows moderate breadth - 44% of 126 stocks above 200 EMA. On the relative strength front, 29 of 126 stocks (23%) carry an RS Rating in the market's strongest 20%, indicating strong relative performance and quality.
From a valuation perspective, attractive valuation - the group trades at a average P/E of 23.1x, which is 17% below the sector average of 27.7x, potentially offering a margin of safety. Meanwhile, weak relative performance — only 33.7% of stocks beat Nifty 50 in the last year.
Within the group, Heavy Electrical Equipment shows the strongest breadth at 56% above 200 EMA, while Other Electrical Equipment is lagging at 35%. The difference suggests more uniform participation across sub‑industries.
Last updated: 9 Aug 2026 · Based on end‑of‑day data
Top stocks by RS Rating
29 of 126 stocks (23%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Electrical Equipment
126 stocks across 2 industries
Stocks
46
P/E
27.4x
ROCE
16.3%
Above 200 EMA
56%
RS Stars
13 of 46
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
ABB India Ltd. | 86 | 1,61,050 | 53.9 | 20.8 | 22.0 | +36.8% | ↑ Yes |
Hitachi Energy India Ltd. | 88 | 1,45,305 | 147.1 | 24.1 | 12.1 | +56.5% | ↑ Yes |
Bharat Heavy Electricals Ltd. | 88 | 1,41,093 | 58.0 | 4.7 | 6.8 | +67.7% | ↑ Yes |
Siemens Ltd. | 78 | 1,40,315 | 90.2 | 12.9 | 8.7 | +28.3% | ↑ Yes |
CG Power and Industrial Solutions Ltd. | 83 | 1,38,482 | 110.8 | 23.1 | 9.8 | +33.1% | ↑ Yes |
Siemens Energy India Ltd. | 82 | 1,29,941 | 99.2 | 36.7 | 15.0 | +13.1% | ↑ Yes |
GE Vernova T&D India Ltd. | 85 | 1,10,075 | 84.3 | 72.4 | 19.4 | +65.1% | ↑ Yes |
Suzlon Energy Ltd. | 36 | 66,176.5 | 21.0 | 33.4 | 18.1 | -21.3% | ↓ No |
Thermax Ltd. | 75 | 45,728.301 | 77.1 | 12.0 | 5.5 | +5.8% | ↑ Yes |
Schneider Electric Infrastructure Ltd. | 92 | 32,393.801 | 152.4 | 28.1 | 7.4 | +41.8% | ↑ Yes |
Triveni Turbine Ltd. | 75 | 20,232.4 | 57.9 | 30.4 | 16.0 | +4.4% | ↑ Yes |
TD Power Systems Ltd. | 94 | 19,683.199 | 82.4 | 31.3 | 12.9 | +144.1% | ↑ Yes |
Azad Engineering Ltd. | 90 | 16,074.5 | 121.0 | 9.4 | 22.0 | +65.1% | ↑ Yes |
Inox Wind Ltd. | 5 | 13,480.3 | 33.3 | 8.4 | 9.2 | -50.1% | ↓ No |
KEC International Ltd. | 9 | 12,747 | 21.0 | 14.0 | 2.6 | -45.1% | ↓ No |
Showing 15 of 46 stocksView all →
Stocks
80
P/E
20.8x
ROCE
27.4%
Above 200 EMA
35%
RS Stars
16 of 80
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Waaree Energies Ltd. | 33 | 78,154.797 | 20.5 | 33.9 | 12.7 | -13.6% | ↓ No |
Apar Industries Ltd. | 95 | 66,830 | 56.6 | 30.0 | 4.8 | +72.0% | ↑ Yes |
Premier Energies Ltd. | 74 | 47,360 | 28.4 | 30.0 | 19.7 | -2.1% | ↑ Yes |
Emmvee Photovoltaic Power Ltd. | — | 22,078.9 | 17.3 | 43.2 | 22.8 | — | — |
Diamond Power Infrastructure Ltd. | 99 | 21,832.6 | 138.0 | 25.4 | 8.3 | +122.8% | ↑ Yes |
Showing 5 of 80 stocksView all →
Showing 2 of 2 industriesExplore complete stock list with fundamentals & technical data
Explore Electrical Equipment →Market breadth breakdown
Percentage of stocks in this group meeting each technical condition — updated daily
Above 200 EMA
44%
Above 200 SMA
48%
Above 50 EMA
48%
Above 50 SMA
43%
Outperf Nifty 50 (1Y)
34%
Outperf Nifty 50 (6M)
69%
Outperf Nifty 50 (3M)
40%
RSI above 70
7%
RSI below 30
3%
Near 52W High
22%