Best Solar Energy Stocks in India Top 10 solar stocks india , solar power share price, solar panel share price

The solar energy industry has developed rapidly, even though fossil fuels remain the major source of global energy use, but in view of the increasing power consumption and pollution, the use of renewable energy is increasing. Today, many small and big companies are Yes, best solar stocks India is working in this sector.

Because all the companies know that the coming time is of Renewable Energy, hence there is a lot of growth potential in this sector and in view of this, the stock market investors are also investing good money in the stocks of this sector and all the investors are looking at such stocks. If you are looking for good returns in a short period of time, then today in this article we will tell you about some good solar stocks in which any small or big investor can invest in them and get good returns.

Solar company share Price list in india

India’s power demand is likely to increase as the country has announced that it wants to achieve zero carbon emission status by 2070 and that by 2030 it wants renewable energy to account for 50% of the country’s power output.

Over the next few years, India is set to double capacity addition and expansion in the renewable energy sector, with the lion’s share of that growth coming from solar energy.

All of these reasons make solar energy stocks particularly attractive to an average investor who wants to generate some reasonable alpha in a market that has been doing very little over the past few quarters, as well as those with strong long-term investment goals. is also.

Adani Green Energy

According to its website, Adani Group Renewable Energy Company is developing a renewable portfolio of 20 GW which includes wind power, solar power and hybrid power projects.

If these plans go through, Adani Green Energy will be India’s leading solar power company by a mile, even as it faces intense competition from the likes of Tata Power and Mukesh Ambani-led Reliance Group, which has so far not had a say in the solar power sector. Have your own ambitions regarding.

The company has seen its stock price fall more than 47% in the past year and Adani Group is also in receivership following recent allegations made by New York-based short seller Hindenburg.

Having said this, the Adani Group has undertaken an overall exercise and may come out of Imbroglio relatively unscathed.

Tata Power

This is one of India’s largest private sector power companies and provides end-to-end solutions. Tata Power is present in thermal, hydro, wind and solar power segments.

On top of power generation, Tata Power also provides project management services. The company derives its strength from the fact that it is a part of the well-diversified Tata Group which has wide interests in industries like IT, aviation, steel, FMCG, logistics, jewellery, hospitality, e-commerce, fertilizers and textiles.

Tata Power has lost some money to its shareholders in the last year and delivered a negative return of over 21.5%. But this could mean that the counter is available at good valuations and it could be a good time for investors to enter it for the long term.

Websol Energy System

This company essentially offers solar photovoltaic cells and solar modules. In August last year, Kolkata-based company Websol said it was expanding its solar cell and module plant seven-fold to 1.8 GW capacity.

The company has lost a little more than 28% of its share price value in the last one year. Again, like its peers, Websole is similarly priced and could prove to be a good buy at these levels.

Urja Global Limited

Energy is engaged in design, consultancy, integration, supply, installation, commissioning and maintenance of off-grid and grid connected solar power plants. The company is approved by the Channel Partners of Ministry of New and Renewable Energy (MNRE), Govt. Of India.

Ujaas Energy Limited

Ujaas Energy Limited is the first company in India to manufacture and sell solar RECs from its own solar power plants. The company has been in the field of engineering for more than three decades. Currently the company manufactures products for the transformer industry and is making efforts towards green energy.

Waa Solar Ltd

Wa Solar sets up solar power projects and finance subsidiaries to set up solar power businesses, typically through the special purpose vehicle route.

In the last year, the stock has seen more than 10% downside, and like Tata Power, is now an attractive proposition for the long term.

Solar Energy Share Price

Here is a list of some of the best solar energy stocks that an investor can consider for medium to long term. To be sure, not all of these counters are pure solar energy companies, with some big names having solar as a minority portion of their overall portfolio.

1. Waaree
2. Gita Renewable Energy Ltd
3. XL Energy Ltd
4. Indosolar Limited
5. Suzlon Energy Limited
6. Surana Solar Limited
7. Synergy Green Industries Ltd
8. ReNew Power

Top 10 Solar Stocks in India

Investing in solar energy stocks can be a profitable venture in India. The government’s push towards renewable energy and the country’s abundant sunlight makes it an ideal market. Here are the top 10 solar stocks to consider:

1. Tata Power Solar Systems Ltd. – A leading solar energy solutions provider in India.
2. Adani Green Energy Ltd. – Adani Group’s arm for renewable energy generation and distribution.
3. ReNew Power Ltd. – One of the largest renewable energy independent power producers in India.
4. Greenko Energy Holdings – A leading renewable energy company in India with a focus on wind and solar energy.
5. Azure Power Global Ltd. – A solar power company that develops, owns, and operates solar projects across India.
6. Acme Solar Holdings Ltd. – A solar power project developer that focuses on creating sustainable power solutions.
7. Hero Future Energies Ltd. – A renewable energy company that focuses on building utility-scale solar and wind power projects.
8. Suzlon Energy Ltd. – A leading wind turbine supplier and wind power project developer in India.
9. Vikram Solar Ltd. – A solar energy company that specializes in solar module manufacturing and engineering, procurement, and construction services.
10. Inox Wind Ltd. – A wind power project developer and wind turbine manufacturer based in India.

Investors interested in renewable energy stocks will find these top 10 solar stocks in India as good options to consider for investment.