5 Best Green Energy Stocks to invest in 2024

Published : 17 May 2024

Larsen & Toubro Ltd

11.00%

₹3446.80

CMP

OPM

11.72%

ROE

The company is one of the largest and most renowned companies in the country and operates in the green hydrogen space via its subsidiary L&T Energy Green Tech Limited.

11.99%

ROCE

Adani Green Energy Ltd

57.39%

₹1830.40

CMP

OPM

16.56%

ROE

The company is one of the biggest players in the renewable energy segment. In the last one year, the stock has given a 100% return to investors.

7.59%

ROCE

Oil and Natural Gas Corporation Ltd

9.33%

₹278.95

CMP

OPM

12.62%

ROE

Established in 1956, ONGC has recently announced a Rs. 85,000 cr investment to produce 1 million metric tonnes of green hydrogen as well as green ammonia annually.

12.24%

ROCE

Reliance Industries Ltd

12.94%

₹2865.50

CMP

OPM

9.31%

ROE

It is India’s largest private sector conglomerate and runs many green hydrogen and fossil fuel projects in the country. It offers investors stability and consistent growth. 

9.37%

ROCE

Urja Global Ltd

7.29%

₹21.85

CMP

OPM

0.88%

ROE

The company provides solar energy solutions to government and private entities. Its net cash flow is on the rise signalling good fundamentals.

1.15%

ROCE