Penny solar energy stocks in India with share price - LIST

penny solar energy stocks in india with share price - list

Solar Penny Stocks: India's renewable sector is poised to witness tremendous growth in the next 5-10 years driven by the support of the government towards sustainable energy production and consumption. Among renewable power sources, solar energy will play a critical role to push India's effort to for greener and sustainable future. India is aiming to grow its renewable energy (RE) capacity 3x to 500 GW by 2030, with solar capacity likely at 292 GW and wind capacity at 100 GW.

Solar stocks are poised to benefitting the most from the push for renewable energy. Solar stocks like Waaree Renewable Technologies have given returns up to 994.67%. But we've listed below penny solar stocks that may give good profits in the near future. Penny stocks are usually affordable stocks.

Penny solar stock in India:

Surana Solar share price

Stocks of Surana Solar are up around 79.86% over the past one year, contrary to the decline of 2.29% in the past one month. The current price of the stocks stands at Rs 38.40 per share as of July 01. Surana Solar Limited is one of the Manufacturers of Solar Photovoltaic Modules in INDIA. The Company is also into EPC of Power Projects on turnkey basis on MW scale.

Suzlon Energy share price

Suzlon Energy stock is another option for investor which is also a multibagger stock. Stocks zoom 215% in the past one year. The stocks have given a return of 1,088% in the last five years. The current stock price stands at Rs 52.90 per share as of July 01. Founded in 1995, Suzlon is one of the leading global renewable energy solution providers.

Urja Global share price

Urja is engaged in design, consultancy, integration, supply, installation, commissioning & maintenance of off-grid and grid connected Solar Power Plants. The stock price of Urja Global stands at Rs 21.11 per share as of July 01. Stocks have given a return of 107.98% return.

Jaiprakash Power Ventures share price

The one-year return of Jaiprakash Power Ventures stocks are 213%. Stocks are down around 1.34% in the past one month. The company boasts a market cap of Rs 13.68k crore. The current stock price stands at Rs 19.88 per share as of July 01.

RattanIndia Enterprise share price

RattanIndia Enterprises stocks have given a return of 97.46% in the past one year. The stocks are up around 11.82% in one month. RattanIndia, formerly RattanIndia Infrastructure Ltd., is an Indian company that is involved in the energy sector. The current price of the stock stands at Rs 82.47 per share as of July 1.