Top 3 Green Energy Stocks Under ₹ 20 : Today we will discuss among you all about three such green energy stocks which are expected to have a very good future. The price is below ₹ 20. So, the sky seems to be shining today, let us know about these stocks which are seen showing promise of showing good growth in the future
India Power Corporation Ltd
Which company’s main source of electricity production comes from West Bengal? The company is doing its business since the year 1919. The market cap in Renwal power generation segment is Rs 1787 crore. The share price is around Rs 18. The company pays dividend to its investors. The company has also managed its debt. Promoters holding is 59%. Qualified Institutions are very less in this company who hold around 1%.
Orient Green Power Company Ltd
Of course, this company has also become a big name in the power generation segment. Mainly if we look at the company’s source of power generation, it comes from wind energy and it is expected that this segment will grow in the future. The company’s portfolio is quite diverse in the wind energy segment. In this, the company is also developing, manufacturing and operating. The market cap is Rs 2017 crores. The share price is around ₹ 21. The price value remains at ₹ 10. The promoters’ holding in the company is around 29% and around 3% is held in the Qualified Institutional Services Company.
RattanIndia Power Ltd
Currently, the company seems to be operating its business with exactly 2700 MW. However, along with Renwal Energy, the company’s stability in its segment remains in thermal power plants only. The share price of the market is around Rs 10090 crore. It is trading around Rs 19. Let us tell you that the promoter holding in this company is around 44% and more than 8% qualified institutional are holding their holding in this company.
Read more: Bullish Harami Candlestick Pattern Explained