Based on current RS Ratings, the strongest Electrical Equipment stocks in India are Modison Ltd. (RS 99), Diamond Power Infrastructure Ltd. (RS 98), Sugs Lloyd 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, 28 of 132 stocks (21%) in this group have an RS Rating above 80, placing them in the market's strongest 20%.
Electrical Equipment Stocks in India
132 stocks · 2 industriesNSE Industry GroupPart of Capital Goods sectorUpdated 13 Oct 2026
Market Statistics
Breadth — stocks above 200 EMA
40%
Moderate — 40% above 200 EMA
RS Rating — in market's strongest 20%
28 of 132
21% of stocks are top performers
Average P/E
40.7x
Industry group average
Stocks outperforming Nifty 50 (1Y)
39.4%
Weak — 39.4% beat Nifty
Current outlook
Auto‑updated dailyThe Electrical Equipment industry group shows moderate breadth - 40% of 132 stocks above 200 EMA. On the relative strength front, 28 of 132 stocks (21%) carry an RS Rating in the market's strongest 20%, indicating strong relative performance and quality.
From a valuation perspective, premium valuation - the group trades at a average P/E of 40.7x, which is 29% above the sector average of 31.6x, suggesting investors are pricing in above‑average growth expectations. Meanwhile, weak relative performance — only 39.4% of stocks beat Nifty 50 in the last year.
Within the group, Heavy Electrical Equipment shows the strongest breadth at 42% above 200 EMA, while Other Electrical Equipment is lagging at 39%. The difference suggests more uniform participation across sub‑industries.
Last updated: 13 Oct 2026 · Based on end‑of‑day data
Top stocks by RS Rating
28 of 132 stocks (21%) are in the market's strongest 20% — showing top 4 stocks by RS Rating
All stocks in Electrical Equipment
132 stocks across 2 industries
Stocks
50
P/E
—
ROCE
16.3%
Above 200 EMA
42%
RS Stars
11 of 50
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Bharat Heavy Electricals Ltd. | 89 | 1,53,176 | 63.0 | 4.7 | 6.8 | +79.8% | ↑ Yes |
ABB India Ltd. | 73 | 1,45,562 | 48.7 | 20.8 | 22.0 | +32.5% | ↑ Yes |
Hitachi Energy India Ltd. | 81 | 1,39,466 | 141.2 | 24.1 | 12.1 | +71.8% | ↑ Yes |
CG Power and Industrial Solutions Ltd. | 72 | 1,35,837 | 108.7 | 23.1 | 9.8 | +15.3% | ↑ Yes |
Siemens Ltd. | 73 | 1,30,696 | 39.9 | 12.9 | 17.9 | +16.0% | ↑ Yes |
Siemens Energy India Ltd. | 61 | 1,11,042 | 84.8 | 36.7 | 14.1 | -7.2% | ↓ No |
GE Vernova T&D India Ltd. | 71 | 1,08,922 | 83.5 | 72.4 | 19.4 | +34.2% | ↑ Yes |
Suzlon Energy Ltd. | 19 | 54,394 | 17.3 | 33.4 | 18.1 | -27.4% | ↓ No |
Thermax Ltd. | 43 | 37,265 | 62.8 | 12.0 | 5.5 | +3.8% | ↓ No |
Schneider Electric Infrastructure Ltd. | 78 | 28,348.199 | 154.3 | 28.1 | 6.3 | +38.7% | ↑ Yes |
TD Power Systems Ltd. | 96 | 25,901.199 | 94.2 | 31.3 | 12.9 | +156.7% | ↑ Yes |
Azad Engineering Ltd. | 93 | 19,180.5 | 138.6 | 9.4 | 21.7 | +71.8% | ↑ Yes |
Triveni Turbine Ltd. | 56 | 16,535.6 | 49.2 | 30.4 | 14.9 | -0.3% | ↓ No |
Atlanta Electricals Ltd. | 92 | 14,195.2 | 65.3 | 43.1 | 10.9 | +102.3% | ↑ Yes |
Karamtara Engineering Ltd. | — | 12,494.8 | — | — | — | — | — |
Showing 15 of 50 stocksView all →
Stocks
82
P/E
18.8x
ROCE
27.4%
Above 200 EMA
39%
RS Stars
17 of 82
| Company | RS Rating | Market Cap (Cr) | P/E | ROCE % | PAT Margin % | 1Y Return | 200 EMA |
|---|---|---|---|---|---|---|---|
Apar Industries Ltd. | 94 | 75,788.297 | 64.1 | 30.0 | 4.8 | +115.1% | ↑ Yes |
Waaree Energies Ltd. | 15 | 67,454.203 | 17.7 | 33.9 | 12.7 | -31.8% | ↓ No |
Premier Energies Ltd. | 46 | 41,103.102 | 24.7 | 30.0 | 19.7 | -13.0% | ↓ No |
Diamond Power Infrastructure Ltd. | 98 | 22,708.801 | 115.6 | 25.4 | 8.6 | +150.1% | ↑ Yes |
Emmvee Photovoltaic Power Ltd. | — | 20,541.9 | 16.1 | 43.2 | 22.8 | — | ↑ Yes |
Showing 5 of 82 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
40%
Above 200 SMA
45%
Above 50 EMA
37%
Above 50 SMA
36%
Outperf Nifty 50 (1Y)
39%
Outperf Nifty 50 (6M)
57%
Outperf Nifty 50 (3M)
50%
RSI above 70
4%
RSI below 30
7%
Near 52W High
20%