Global warming and pollution are our biggest concerns right now. To combat pollution, we must shift to green energy. Green energy is the best alternative to petrol and diesel.
I believe investing in green energy shares will definitely pay off in the future. And if it’s a green energy penny stock, it’s even better. So, without further delay, let’s quickly buy green energy penny stocks. Wait, wait, don’t be so hasty. At first read this article carefully first, then you can decide.
With the growing emphasis on green energy due to global warming, the green energy industry in India is attracting significant attention.
Companies in this sector are poised to play a crucial role in reducing carbon footprints while offering substantial investment opportunities.
For investors with minimal capital, penny stocks in the green energy sector present an intriguing opportunity. These stocks are priced low but hold potential for high returns if the companies perform well in the future.
In this detailed article, we’ll explore Green Energy Penny Stocks in India Below 1 Rupee, analyze their performance, and share key points to consider before investing.
Top Green Energy Penny Stocks in India Below 1 Rupee
Here is a list of green energy penny stocks currently priced near ₹1. These stocks represent companies working towards renewable energy solutions like solar power and wind energy.
1. Ujaas Energy Limited
- Current Share Price: ₹2.25
- Market Cap: ₹45 crore
- Overview:
Ujaas Energy is a pioneer in solar power solutions and has been operational since 1979. The company primarily focuses on solar power plants and supports India’s renewable energy goals. - Prominent Features:
- No debt on the company.
- The company is exploring international markets for expansion.
- Promoters hold only 0.01% of the shares, while the public holds the rest.
- Challenges:
Despite being a reputed company, Ujaas Energy has experienced declining profits due to lower sales in recent years. - Investor Advice:
Before investing, review the company’s annual reports and seek advice from a financial expert.
2. Empower India Limited
- Current Share Price: ₹1.89
- Market Cap: ₹220 crore
- Overview:
Established in 1981, Empower India focuses on IT solutions and has diversified into solar energy projects. The company is headquartered in Mumbai. - Prominent Features:
- Launched a 1 MW solar energy project in Kerala in 2011.
- Promoters hold 15.02% of the shares.
- The company has shown consistent sales growth and profitability.
- No debt on the company.
- Performance:
Empower India has delivered an average return of 893% over the past five years. - Investor Advice:
This stock could be a good option for long-term investment due to its strong growth trajectory.
3. Bright Solar Limited
- Current Share Price: ₹7.15
- Market Cap: ₹17.9 crore
- Overview:
Bright Solar, established in 2010, specializes in manufacturing solar water pumps and panels. The company is involved in designing, constructing, and selling renewable energy solutions. - Prominent Features:
- Installed over 3,000 solar pumps across India.
- Strives to build a strong brand by delivering high-quality products.
- Challenges:
The company has reported fluctuations in profits and carries a debt of ₹45 lakh. - Investor Advice:
Investors should check the company’s latest updates and financial reports before investing.
4. Indosolar Limited
- Current Share Price: ₹3.30
- Market Cap: ₹123 crore
- Overview:
Indosolar is a leading manufacturer of solar cells that convert sunlight into electricity. The company uses advanced silicon wafer technology to produce photovoltaic cells. - Prominent Features:
- The company has faced revenue declines in recent years.
- Recovering from past losses, it shows signs of progress.
- Investor Advice:
Review the company’s annual reports and consult with an advisor before investing.
5. Orient Green Power Limited
- Current Share Price: ₹23.15
- Market Cap: ₹1,134 crore
- Overview:
Founded in 2006, this Tamil Nadu-based company generates renewable energy, including wind power and biofuels. It is a small-cap company with strong potential in the green energy market. - Prominent Features:
- Has significantly reduced its debt over the years.
- Despite challenges, it remains a leading player in the renewable energy sector.
- Investor Advice:
Orient Green Power could be a good option for long-term investors interested in green energy.
Table: Quick Comparison of Green Energy Penny Stocks
| Company | Share Price (₹) | Market Cap (₹ Crore) | Established | Debt | Promoter Holding (%) |
|---|---|---|---|---|---|
| Ujaas Energy Limited | 2.25 | 45 | 1979 | None | 0.01 |
| Empower India Limited | 1.89 | 220 | 1981 | None | 15.02 |
| Bright Solar Limited | 7.15 | 17.9 | 2010 | ₹45 lakh | 0.2 |
| Indosolar Limited | 3.30 | 123 | 2008 | Moderate | Data not disclosed |
| Orient Green Power Limited | 23.15 | 1,134 | 2006 | Reduced | Data not disclosed |
FAQs About Green Energy Penny Stocks in India
1. What are Green Energy Penny Stocks?
Green Energy Penny Stocks are shares of companies operating in the renewable energy sector that are priced below ₹10. They are considered high-risk, high-reward investments.
2. Are these stocks suitable for beginners?
Yes, but beginners should:
- Start with minimal investments.
- Conduct thorough research on company performance.
- Consult with a financial advisor before investing.
3. How can I invest in these stocks?
You can invest through a Demat account using platforms like Zerodha, Upstox, or Angel One.
4. Which stock from the list has the highest potential?
Empower India Limited shows a strong growth trend with an average return of 893% over five years. However, all investments carry risks.
5. What are the risks of investing in penny stocks?
- High volatility and potential losses.
- Limited financial transparency.
- Dependence on external factors like policies and market trends.
Conclusion
If you think that your hard-earned money can get a good return, then green energy penny stocks might be suitable for you. After reading this article, you have understood that this stock can give you a good return.
Green Energy Penny Stocks offer a gateway for small investors to enter the renewable energy sector. While the potential returns are high, the risks are equally significant.
By conducting thorough research and investing wisely, you can participate in India’s green energy revolution and grow your capital over time.
If you like this post, please bookmark our site and come back to follow important tips, tricks, and suggestions.
Always remember to consult with a financial advisor before making any investment decisions.
Read More: Reliance Penny Stock List Companies: An In-Depth Guide!