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Pakistani Renewable Energy

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4

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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.

4 companies

Engro Powergen Qadirpur

Market Cap: PK₨9.3b

Generates and sells power in Pakistan.

EPQL

PK₨28.87

7D

0.9%

1Y

2.4%

Hub Power

Market Cap: PK₨185.5b

Operates as an independent power producer in Pakistan.

HUBC

PK₨142.98

7D

3.8%

1Y

-13.0%

Kohinoor Energy

Market Cap: PK₨3.0b

Owns, operates, and maintains a power plant in Pakistan.

KOHE

PK₨17.50

7D

5.2%

1Y

-57.6%

Dawood Lawrencepur

Market Cap: PK₨14.9b

Through its subsidiaries, engages in the trading and marketing of renewable energy solutions to commercial and industrial consumers in Pakistan.

DLL

PK₨250.99

7D

2.6%

1Y

12.7%