India is rapidly moving towards renewable energy, and several renewable energy companies in India have been performing well in the stock market. Here are some of the best renewable energy stocks in India
- Tata Power Renewable Energy Ltd – Tata Power Renewable Energy Ltd is a subsidiary of Tata Power Company Ltd and one of India’s largest renewable energy companies. It is involved in developing, constructing, and operating renewable energy projects, including solar, wind, and hydroelectric power. The stock has performed well and is expected to continue to grow.
Adani Green Energy Ltd – Adani Green Energy Ltd is a subsidiary of the Adani Group and one of India’s largest renewable energy companies. It has a portfolio of renewable energy projects, including solar and wind power. The company has been growing rapidly and has a strong presence in the Indian renewable energy sector.
- Suzlon Energy Ltd – Suzlon Energy Ltd is a wind energy company that provides turnkey solutions for wind power projects in India. The company has a strong presence in the Indian market and has been expanding its operations globally. The stock has shown strong growth potential and is expected to continue to perform well.
- Power Grid Corporation of India Ltd (POWERGRID) is a public sector company that is involved in the transmission of power in India. It was established in 1989 and is headquartered in Gurugram, Haryana. POWERGRID is an important player in the Indian power sector and is well-positioned to benefit from the country’s increasing demand for electricity and renewable energy.
- Bharat Heavy Electricals Ltd – Bharat Heavy Electricals Ltd is a public sector company involved in manufacturing power generation equipment, including wind turbines and solar panels. The company has a strong presence in the Indian market and has been expanding its operations globally. The stock has shown strong growth potential and is expected to continue to perform well.