5 Best Stocks to Watch in the Energy Sector in July 2023

Published : 17 July 2023

63.8%

Adani Green Energy Limited (AGEL) is one of the largest renewable companies in India, with a current project portfolio of 20,434 MW.

Rs. 967.05

CMP

OPM

22.8%

ROE

42.3%

OIL India has also selectively diversified into the Renewable & Alternate Energy sector, installing and commissioning RE projects in the Wind and Solar domains with total installed capacity of 188.10 MW comprising 174.10 MW of Wind Energy projects and 14 MW of Solar Energy projects.

Rs. 255.05

CMP

OPM

25.3%

ROE

16.2%

Reliance has set an ambitious target of achieving net-zero carbon by 2035. It is investing over USD 10 billion (Rs 75,000 crore) in building the most comprehensive ecosystem for New Energy and New Materials in India to secure the promise of a sustainable future for future generations.

Rs. 2788.45

CMP

OPM

8.33%

ROE

11%

ONGC is the only fully–integrated oil and gas company in India, operating along the entire hydrocarbon value chain. This is the largest energy company in India has established 8.98 billion tonnes of in-place hydrocarbon reserves.

Rs. 167.10

CMP

OPM

14.3%

ROE

5.13%

GAIL has a total installed capacity of 130.26 MW of alternative energy; out of which 118 MW are wind energy projects and 12.26 MW are solar energy projects. GAIL has installed India’s 2nd largest solar rooftop of ~ 6 MW grid-connected captive solar power plant at Pata Petrochemical complex.

Rs. 108.80

CMP

OPM

8.67%

ROE