Results
6
With governments around the world enacting policies to turn their energy grids green, renewable energy stocks look like they could be the future. Being capital intensive businesses, the list below looks for the stocks with strong return on equity and healthy balance sheets.
6 companies
NLC India
Market Cap: ₹317.3b
Operates in the mining and power generation business in India.
513683
₹228.85
7D
0.3%
1Y
-11.5%
Adani Power
Market Cap: ₹2.3t
Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.
ADANIPOWER
₹591.40
7D
6.2%
1Y
-17.3%
Globus Power Generation
Market Cap: ₹1.6b
A clean energy company, engages in the acquisition of a portfolio of wind/biomass/solar power plants in India.
526025
₹16.10
7D
0.8%
1Y
-58.7%
PTC India
Market Cap: ₹53.2b
Engages in the trading of power in India, Nepal, Bhutan, and Bangladesh.
PTC
₹179.84
7D
2.0%
1Y
-15.6%
KPI Green Energy
Market Cap: ₹101.6b
Generates and supplies solar power under Solarism brand name in India.
542323
₹514.60
7D
3.2%
1Y
-14.2%
K.P. Energy
Market Cap: ₹34.0b
Provides balance of plant solutions for wind industry in India.
539686
₹508.50
7D
-2.6%
1Y
11.3%