Investors in India’s renewable energy sector have reaped substantial profits recently. With rapid growth in the country’s renewable energy projects, some green energy companies’ stocks have delivered exceptional returns over the past year. Investors in these stocks have seen their wealth multiply, with some stocks yielding returns as high as 800%. In this article, we discuss the major green energy companies that have made investors happy by delivering outstanding returns.
Highlights:
- India’s 2030 Target: India has set a target to achieve 500 GW of renewable energy capacity by 2030.
- Insolation Energy: This company’s stocks have delivered 866.72% returns in the past year.
- GP Eco Solutions: This company delivered a 300% return on its first day of listing and continues to perform well.
- Alpex Solar: This company’s stock has tripled in value since its listing.
- Investment Opportunities: Investors in the green energy sector can expect good returns in the future as well.
List of Key Companies’ Returns
| Company Name | Listing Date | Listing Price (INR) | Current Price (INR) | 1-Year Return (%) |
|---|---|---|---|---|
| Insolation Energy | 10 October 2022 | 97 | 3747 | 866.72% |
| GP Eco Solutions | 24 June 2023 | 375 | 325 | 300% |
| Alpex Solar | 15 February 2023 | 329 | 342 | 180% |
Table of Contents
Green Energy Stocks (Renewable Energy): Targets and Achievements by 2030
India aims to achieve 500 GW of renewable energy capacity by 2030. Currently, the country has already achieved 200 GW of this capacity, and work is underway to reach the remaining 300 GW. Companies associated with the country’s renewable energy sector are playing a key role in these projects, leading to a significant expansion in their business. This growth has directly benefited investors who have put their money into these companies’ stocks.
Insolation Energy: A Leader in Solar Panel Manufacturing
Insolation Energy is an Indian company that manufactures solar panels. The company produces solar modules, solar energy conditioning units, and solar batteries. Since its listing in October 2022, the company’s stock has seen remarkable growth. At the time of listing, the stock price was INR 97, which has now surged to INR 3747. This means the company has delivered a return of 866.72% over the past year, making it a highly attractive option for investors looking to invest in green energy.
GP Eco Solutions: A Distributor of Solar Energy Products and Services
GP Eco Solutions is another prominent company that distributes solar energy products and services. The company provides solar energy solutions for both commercial and residential clients. At the time of its listing in June 2023, the stock price band was INR 94, but it was listed at INR 375, giving investors a 300% return on the first day. Currently, the stock is priced at INR 325, making it a stable and profitable investment option.
Alpex Solar: An Expert in Solar Panel Manufacturing
Alpex Solar is another leading company specializing in solar panel manufacturing. The company was listed on the Indian stock market in February 2023. At the time of listing, the stock price was INR 115, which has now risen to INR 342. This means the company has delivered over three times the return since its listing, making it a significant option for investors.
FAQs (Frequently Asked Questions)
Is investing in the green energy sector profitable?
Yes, investing in the green energy sector can be highly profitable. Several companies have delivered impressive returns over the past year, and there is potential for good returns in the future as well.
What is special about Insolation Energy’s stocks?
Insolation Energy has delivered a return of 866.72% over the past year, making it an attractive option for investors.
What is the future outlook for GP Eco Solutions?
GP Eco Solutions provided a 300% return on the first day of its listing and has maintained stability since then. It could prove to be profitable in the future as well.
Why should one invest in Alpex Solar’s stock?
Alpex Solar has delivered over three times the return since its listing, making it a strong investment option.
What is India’s renewable energy target?
India aims to achieve 500 GW of renewable energy capacity by 2030.
