Updated June 20, 2024 | 05:18 PM IST
Green Energy Stocks: Clean energy sources are always in demand, and with the rise of green hydrogen technology, the demand is expected to increase even more. These stocks can give you good returns in the future. If you are looking for stocks to invest in, we bring you the best green hydrogen stocks that can see growth.
Green Hydrogen Stocks in India – Complete List
Green Energy Stocks: Green Hydrogen Stocks Stocks in India have been a focus of investors lately. They are a hotbed for good news. As the Indian government is turning to renewable energy and emphasizing on sustainable solutions, these stocks are rising rapidly. India launched the National Green Hydrogen Mission in 2022 and aims to have 5MMT of green hydrogen production capacity every year.
There is always a demand for clean energy sources and with the growth of green hydrogen technology, the demand is expected to increase even more. These stocks can give you good returns in the future. If you are looking for such stocks to invest, then we have good news for you.
Today, we bring you the best green hydrogen stocks that could see growth.
Gail share price
The main activities of GAIL Limited, an Indian government-controlled energy organization, are the production, distribution and trading of natural gas. GAIL is also interested in research and production of solar and wind energy. GAIL shares have given a return of 103% in the last one year. The current market price of GAIL shares is Rs 219.25 per share.
National Thermal Power Corporation (NTPC) Share Price
NTPC is India's largest power group with its roots dating back to 1975 when it was established to drive power development in India. Since then it has established itself as a leading power major with presence across the entire value chain of power generation business. From fossil fuels it has ventured into generating power through hydro, nuclear and renewable energy sources. In the last one year, NTPC shares have given a return of 91%. The market capitalization of NTPC is Rs 3.7 lakh crore. The current price of NTPC share is Rs 358.75 per share.
Adani Green Energy share price
Adani Green Energy Limited (AGEL) is one of India's largest renewable energy companies with a current project portfolio of 20,434 MW. AGEL is part of the Adani Group's promise to deliver a better, cleaner and greener future for India. Adani Green Energy shares have gained 88.09% in the last one year. The current Adani Green Energy share price is Rs 1808.90 per share.
Reliance Industries share price
Reliance Industries is building the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar, which will have five giga factories for photovoltaic panels, fuel cell systems, green hydrogen, energy storage, and power electronics. The Dhirubhai Ambani Green Energy Giga Complex will be one of the largest integrated renewable energy manufacturing facilities in the world. Additionally, it is advancing wind power generation by developing a manufacturing ecosystem for cost-efficient wind power generation at a giga scale. Reliance Industries shares have given a return of 15.33% in the last one year. The current price of Reliance Industries stock is Rs 2949 per share.
larsen & toubro share price
Larsen & Toubro (L&T) achieved a significant milestone in the clean energy sector by commissioning its first indigenously manufactured electrolyser at the green hydrogen plant at the AM Naik Heavy Engineering Complex in Hazira, Gujarat. L&T shares have given a return of 51% in the last one year.
(Disclaimer: The above article is for informational purposes only, and should not be construed as any investment advice. ET now Digital suggests its readers/listeners to consult their financial advisors before taking any money related decisions.)