2024-09-17 06:48:25
New Delhi: Stocks related to renewable energy are making investors rich. The shares of many companies have given more than double returns to investors in just one year. There are many stocks whose returns have been more than three times in a year. This has happened because the renewable energy sector is growing rapidly in the country. The government is also running many schemes to generate electricity through this sector. Along with this, it is also giving full support to the industries related to this sector. India is a world leader in renewable energy. Along with this, it is constantly moving forward in this. Due to this, the companies related to this sector are also performing well and their shares are rising.Bajaj Housing Finance IPO Listing: Money doubled in a single day, listing done at more than 100% premium
These companies gave tremendous returns
1. Inox Wind
This company has given tremendous returns to the investors. It has given about 397 percent return to the investors in one year. Right now the price of one share of this company is Rs 244.54. If you had invested one rupee in it a year ago, then today its value would have been about Rs 4 lakh. That means you would have made a profit of about Rs 3 lakh in one year.
2. Suzlon Energy
This stock is also not behind in giving more than double returns to investors in a year. It has given about 241 percent return to investors in a year. Currently, the price of its share is around Rs 84. A year ago, the price of its share was Rs 24.75. If you had invested one lakh rupees in it a year ago, that amount would have become Rs 3.41 lakh today. In such a situation, you would have made a profit of Rs 2.41 lakh in a year.
3. KPI Green Energy
The shares of this company have also given bumper returns to investors in one year. A year ago, the price of one share was around Rs 280. Now its price is Rs 827.50. In such a situation, it has given a tremendous return of about 195 percent in a year. If you had bought its shares worth Rs 1 lakh a year ago, today their value would have been Rs 2.95 lakh. That is, you would have made a profit of Rs 1.95 lakh.
4. KP Energy
This stock has also given tremendous returns to investors. Currently, its share price is Rs 433.40. It has given more than 150 percent profit in one year. A year ago, the price of one of its shares was around Rs 173. In such a situation, the stock of this company gave a return of about 152 percent in a year. If you had invested one lakh rupees in it a year ago, then today the value of the investment would have been Rs 2.52 lakh. In such a situation, you would have made a profit of Rs 1.52 lakh.
Disclaimer: The suggestions given in this analysis are those of individual analysts or broking companies, not of NBT. We advise investors to consult certified experts before making any investment decision. As stock market conditions can change rapidly.