The below table shows Renewable Energy Stocks Below Rs 500 based on the Highest Market Capitalization.
Stock Name | Market Cap (₹ Cr) | Close Price (₹) |
NHPC Ltd | 82,319.06 | 81.95 |
SJVN Ltd | 46,065.06 | 117.22 |
Ujaas Energy Ltd | 5,337.19 | 476.75 |
K.P. Energy Ltd | 4,123.44 | 618.3 |
WAA Solar Ltd | 176.45 | 132.65 |
Karma Energy Ltd | 79.65 | 68.84 |
Agni Green Power Ltd | 69.64 | 35.65 |
Gita Renewable Energy Ltd | 65.57 | 160 |
Content:
- What Are Renewable Energy Stocks?
- Top Renewable Energy Stocks Below Rs 500
- Best Renewable Energy Stocks Below Rs 500 In India
- List Of Renewable Energy Stocks Below Rs 500
- Top Renewable Energy Stocks In India Below Rs 500
- Who Should Invest In Renewable Energy Stocks Below Rs 500?
- How To Invest In The Best Renewable Energy Stocks Below Rs 500?
- Performance Metrics Of Renewable Energy Stocks Below Rs 500
- Benefits Of Investing In Renewable Energy Stocks Below Rs 500
- Challenges Of Investing In Renewable Energy Stocks Below Rs 500
- Introduction To Best Renewable Energy Stocks Below Rs 500
- Top Renewable Energy Stocks Below Rs 500- FAQs
What Are Renewable Energy Stocks?
Renewable energy stocks are shares of companies involved in producing or supporting renewable energy sources like solar, wind, hydroelectric, and bioenergy. These stocks are becoming increasingly popular as the world shifts towards sustainable energy solutions to combat climate change and reduce reliance on fossil fuels.
These companies range from those developing new technologies and infrastructure to those manufacturing components essential for renewable energy systems. Investing in these stocks supports the growth of sustainable energy practices and potentially offers financial gains as the sector expands.
However, like all investments, renewable energy stocks carry risks, including market volatility and technological changes. It’s essential for investors to consider these factors and possibly seek diversification to mitigate risks associated with specific technologies or regulatory changes in the energy sector.
Top Renewable Energy Stocks Below Rs 500
The table below shows Top Renewable Energy Stocks Below Rs 500 based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Ujaas Energy Ltd | 476.75 | 2,099.03 |
K.P. Energy Ltd | 618.3 | 240.75 |
WAA Solar Ltd | 132.65 | 69.26 |
NHPC Ltd | 81.95 | 42.7 |
Agni Green Power Ltd | 35.65 | 37.94 |
SJVN Ltd | 117.22 | 34.98 |
Gita Renewable Energy Ltd | 160 | 33.79 |
Karma Energy Ltd | 68.84 | -18.16 |
Best Renewable Energy Stocks Below Rs 500 In India
The table below shows the Best Renewable Energy Stocks Below Rs 500 In India based on 1-Month Return.
Name | Close Price (rs) | 1M Return (%) |
K.P. Energy Ltd | 618.3 | 3.06 |
SJVN Ltd | 117.22 | 1.88 |
NHPC Ltd | 81.95 | -1.41 |
WAA Solar Ltd | 132.65 | -5.85 |
Karma Energy Ltd | 68.84 | -7.93 |
Agni Green Power Ltd | 35.65 | -9.38 |
Gita Renewable Energy Ltd | 160 | -14.18 |
Ujaas Energy Ltd | 476.75 | -22.62 |
List Of Renewable Energy Stocks Below Rs 500
The table below shows a List Of Renewable Energy Stocks Below Rs 500 based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
NHPC Ltd | 81.95 | 20,154,293 |
SJVN Ltd | 117.22 | 5,940,785 |
K.P. Energy Ltd | 618.3 | 230,607 |
WAA Solar Ltd | 132.65 | 32,800 |
Agni Green Power Ltd | 35.65 | 10,000 |
Karma Energy Ltd | 68.84 | 8,189 |
Gita Renewable Energy Ltd | 160 | 2,382 |
Ujaas Energy Ltd | 476.75 | 1,430 |
Top Renewable Energy Stocks In India Below Rs 500
The table below shows the Top Renewable Energy Stocks In India Below Rs 500 based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
Karma Energy Ltd | 68.84 | -1,112.74 |
Gita Renewable Energy Ltd | 160 | -5.51 |
WAA Solar Ltd | 132.65 | 26.61 |
NHPC Ltd | 81.95 | 27.46 |
SJVN Ltd | 117.22 | 48.15 |
K.P. Energy Ltd | 618.3 | 58.24 |
Ujaas Energy Ltd | 476.75 | 135.47 |
Agni Green Power Ltd | 35.65 | 169.75 |
Who Should Invest In Renewable Energy Stocks Below Rs 500?
Investors seeking affordable entry points into the growing renewable energy sector might consider stocks priced below Rs 500. These stocks can be attractive for both new and experienced investors aiming to diversify portfolios while supporting environmental sustainability.
Such investments are suitable for those comfortable with high risk and volatility, typical of lower-priced stocks and emerging industries. Investors should be ready for potential fluctuations driven by market trends and regulatory changes in the renewable energy sector.
Additionally, those with a long-term investment horizon may find these stocks appealing. Renewable energy is expected to grow significantly, offering potential long-term gains for patient investors who can withstand short-term uncertainties.
How To Invest In The Best Renewable Energy Stocks Below Rs 500?
To invest in the best renewable energy stocks below Rs 500, start by opening a brokerage account with Alice Blue. This allows you to access a range of affordable renewable energy stocks and leverage their analytical tools for better investment decisions.
Once your account is set up, use Alice Blue’s research tools to analyze potential stocks. Focus on companies with strong growth potential in the renewable sector, assessing factors like market trends, financial health, and technological advancements.
Finally, consider diversifying your investment within the renewable energy sector. This can reduce risk by spreading investments across different technologies and companies. Alice Blue’s platform offers easy management of your portfolio, enabling strategic adjustments as market conditions change.
Performance Metrics Of Renewable Energy Stocks Below Rs 500
Performance metrics of renewable energy stocks below Rs 500 include price trends, volume analysis, and profitability ratios. These indicators help investors evaluate the stock’s performance and potential growth within the volatile renewable energy market.
Price trends give insight into the stock’s historical and current market movements, offering clues about investor sentiment and possible future directions. Volume analysis helps to confirm trends, indicating the strength behind price changes, which is crucial for understanding market dynamics.
Profitability ratios, such as return on equity (ROE) and earnings per share (EPS), are essential for assessing a company’s financial health. These metrics allow investors to compare the efficiency and profitability of different renewable energy companies, aiding in making informed investment decisions.
Benefits Of Investing In Renewable Energy Stocks Below Rs 500
The main benefits of investing in renewable energy stocks below Rs 500 include affordability, high growth potential, and the opportunity to support sustainable practices. These investments can diversify portfolios and provide exposure to a sector poised for significant expansion as global energy needs evolve.
- Pocket-Friendly Potential: Renewable energy stocks below Rs 500 are budget-friendly, making it easier for a wider range of investors to participate. This affordability allows individuals to buy more shares and potentially benefit from the growth without a significant initial investment.
- Growth Trajectory: The renewable energy sector is rapidly expanding due to an increasing global focus on sustainability. Stocks priced below Rs 500 often belong to emerging companies with room for significant growth as technologies evolve and markets expand, offering potentially higher returns.
- Eco-Friendly Investments: By investing in renewable energy, you’re supporting the development of clean energy solutions that combat climate change. This aligns financial goals with personal values, contributing to a sustainable future while potentially reaping financial benefits.
- Portfolio Diversification: Adding renewable energy stocks to your investment portfolio can reduce risk by diversifying assets. This sector behaves differently compared to traditional energy stocks, often providing stability or growth when other sectors falter.
- Accessible Innovation: Lower-priced stocks often belong to companies at the forefront of innovation in renewable energy. Investors can access cutting-edge technology developments and new market opportunities before they become mainstream and more expensive.
Challenges Of Investing In Renewable Energy Stocks Below Rs 500
The main challenges of investing in renewable energy stocks below Rs 500 include high volatility, market sensitivity to regulatory changes, and potential lack of liquidity. These factors can lead to significant price fluctuations and may pose risks for those not familiar with the sector.
- Volatility Venture: Stocks under Rs 500, especially in the renewable energy sector, can experience sharp price swings. This volatility is often due to small market capitalization and less stability, which can amplify both gains and losses, making them riskier especially for inexperienced investors.
- Regulatory Roulette: The renewable energy market is heavily influenced by government policies and subsidies. Changes in regulations can impact the profitability and viability of projects, leading to sudden and unpredictable market shifts that can adversely affect stock prices.
- Liquidity Labyrinth: Lower-priced stocks sometimes suffer from low liquidity, making it difficult to buy or sell large quantities without affecting the stock price. This can be problematic when trying to exit investments during market downturns or capitalize on trading opportunities.
- Emerging Market Mysteries: Many companies in the renewable energy sector are relatively new and may not have proven business models or stable revenues. This uncertainty can lead to higher investment risk as these companies are more susceptible to economic downturns and market competition.
- Technological Tides: The renewable energy sector is highly dependent on technological advancements. While this drives growth, it also introduces risk as newer, better technologies can quickly make existing ones obsolete, potentially devaluing stocks invested in older technologies.
Introduction To Best Renewable Energy Stocks Below Rs 500
NHPC Ltd
The Market Cap of NHPC Ltd is Rs. 82,319.06 crores. The stock’s monthly return is -1.41%. Its one-year return is 42.70%. The stock is 44.53% away from its 52-week high.
NHPC Limited, an Indian company, primarily focuses on generating and selling bulk power to various utilities. Alongside, it undertakes project management, construction contracts, consultancy services, and power trading. Currently, it’s involved in constructing eight hydropower projects with a total capacity of around 6434 megawatts (MW), including stations like Salal, Dulhasti, Kishanganga, and more. Its consultancy services span survey, planning, design, engineering, operation, maintenance, and modernization of hydropower projects. Subsidiaries like Loktak Downstream Hydroelectric Corporation Limited, Bundelkhand Saur Urja Limited, and others augment its operations.
NHPC Limited, deeply rooted in the Indian power sector, plays a pivotal role in both generation and distribution. Its diversified portfolio includes not only power generation but also comprehensive project management services. The company’s hydropower projects, spread across various regions, contribute significantly to India’s energy landscape. Additionally, through its subsidiaries like Jalpower Corporation Limited and Chenab Valley Power Projects Private Limited, NHPC continues to expand its presence and influence in the renewable energy sector.
SJVN Ltd
The Market Cap of SJVN Ltd is Rs. 46,065.06 crores. The stock’s monthly return is 1.88%. Its one-year return is 34.98%. The stock is 44.63% away from its 52-week high.
SJVN Limited, an Indian company, primarily focuses on generating electricity and setting tariffs for power generation. It offers a range of products and services including electricity generation from hydro, wind, and solar sources, as well as consultancy and transmission services. The company’s operations span across various sectors such as thermal, hydro, wind, and solar power generation, along with power transmission, consultancy, and trading. Recently, it expanded into wind power generation by completing its first project, the 47.6 MW Khirvire Wind Power Project in Maharashtra. Additionally, it launched the Sadla Wind Power Project with a capacity of 50 MW in Gujarat. Currently, SJVN Limited operates three solar projects with a combined installed capacity of around 81.3 MW.
SJVN Limited, headquartered in India, specializes in electricity generation and power tariff management. Its core offerings encompass electricity generation from hydro, wind, and solar sources, as well as consultancy and transmission services. The company’s diverse portfolio includes thermal, hydro, wind, and solar power generation, along with power transmission, consultancy, and trading. Recently, SJVN ventured into wind power generation with the completion of its Khirvire Wind Power Project in Maharashtra and the Sadla Wind Power Project in Gujarat. Additionally, it operates three solar projects with a total installed capacity of approximately 81.3 MW.
K.P. Energy Ltd
The Market Cap of K.P. Energy Ltd is Rs. 4,123.44 crores. The stock’s monthly return is 3.06%. Its one-year return is 240.75%. The stock is 237.10% away from its 52-week high.
K.P. Energy Limited, an energy firm based in India, primarily focuses on wind farm development and related services. This includes the development of wind power projects, electricity generation through wind power assets, and maintenance services for these projects primarily within India. Operating across three key segments—Infrastructure Development, Power Sales, and Operation & Maintenance Services—the company handles various activities such as site selection for wind farms, acquiring land and permits, and the engineering, procurement, construction, and commissioning of wind project infrastructure, including power transmission. Additionally, it manages the operations and maintenance of utility-scale wind farms. K.P. Energy Limited caters to a diverse clientele, including wind turbine manufacturers, independent power producers, captive users, and institutional investment programs.
The company’s multifaceted operations position it as a key player in India’s energy sector, contributing significantly to renewable energy development. Its comprehensive suite of services extends from project inception to ongoing maintenance, ensuring the efficient and sustainable operation of wind power assets. With a focus on serving a broad spectrum of clients, including both industry players and institutional investors, K.P. Energy Limited plays a pivotal role in driving the adoption of wind energy solutions across the country.
The market cap of WAA Solar Ltd is Rs. 181.82 crores. The monthly return is 269.73%. The one-year return is 4.88%. The stock is 51.80% away from its 52-week high.
WAA Solar Ltd
The Market Cap of WAA Solar Ltd is Rs. 176.45 crores. The stock’s monthly return is -5.85%. Its one-year return is 69.26%. The stock is 88.83% away from its 52-week high.
Waa Solar Limited, an Indian company, specializes in solar power generation, focusing on setting up solar power projects and investing in special purpose vehicle (SPV) associate and subsidiary companies engaged in similar activities. The company primarily concentrates on engineering, procurement, and construction (EPC) in solar projects. Among its notable projects is a 10 MW Solar Photovoltaic (PV) Grid Interactive Power Plant in Nayka village, Taluka-Sami, District Patan; a 100 kilowatt-peak (KWP) Solar Power plant at Raja Bhoj Airport, Bhopal; a 10.42 MW Solar PV Power Project in Koppal, Karnataka; a 4.00 MW Solar PV Power Project in Mansa, Punjab; and another 4.00 MW Solar PV Power Project in Vadodara, Gujarat. Its subsidiaries include Madhav Solar (Vadodara Rooftop) Private Limited, Madhav Infracon (Vidisha Kurwai Corridor) Private Limited, Aspire Infracon Pvt. Ltd., and others.
The company’s operations are deeply rooted in its commitment to renewable energy generation, exemplified by its diverse portfolio of solar projects across various regions in India. Through strategic investments and a focus on efficient project execution, Waa Solar Limited continues to play a significant role in India’s transition towards sustainable energy solutions, contributing to both environmental stewardship and economic development.
Agni Green Power Ltd
The Market Cap of Agni Green Power Ltd is Rs. 69.64 crores. The stock’s monthly return is -9.38%. Its one-year return is 37.94%. The stock is 49.79% away from its 52-week high.
Agni Green Power Limited, an Indian company, specializes in solar photovoltaic (PV) contracting. Their expertise lies in executing comprehensive solar PV power plant projects, encompassing design, engineering, supply, installation, commissioning, and maintenance. They handle projects ranging from standalone to grid-connected PV systems, overseeing all stages from conception to completion, including the manufacturing of various solar subsystems. Serving as an integrated solar energy solutions provider, the company offers engineering, procurement, and construction services, along with operations and maintenance support. Additionally, Agni Green Power provides solar consultancy services, aiding clients in making well-informed decisions regarding solar energy adoption. Their product line includes solar power conditioning units, solar inverters (both hybrid and grid-connected), solar maximum power point tracking chargers, remote monitoring and diagnostic systems, solar photovoltaic junction boxes, control panels, solar pump controllers, and digital DC energy meters, among other offerings.
With a focus on solar photovoltaic (PV) contracting, Agni Green Power Limited, an India-based company, specializes in executing turn-key solar PV power plant projects. Their comprehensive services cover design, engineering, supply, installation, commissioning, and maintenance for both standalone and grid-connected PV systems, overseeing projects from conception to completion. Emphasizing integration, the company provides engineering, procurement, and construction services, along with operations and maintenance support, serving as a one-stop solar energy solutions provider. Moreover, Agni Green Power offers solar consultancy services to assist clients in making informed decisions about solar energy adoption. Their product portfolio features a range of solar solutions, including power conditioning units, inverters (hybrid and grid-connected), maximum power point tracking chargers, remote monitoring systems, photovoltaic junction boxes, control panels, pump controllers, and digital energy meters, among other innovative products.
Karma Energy Ltd
The Market Cap of Karma Energy Ltd is Rs. 79.65 crores. The stock’s monthly return is -7.93%. Its one-year return is -18.16%. The stock’s distance from its 52-week high is not specified.
Karma Energy Limited, an Indian firm, specializes in harnessing power from renewable sources, particularly wind energy. Its core business revolves around generating power from renewable sources. Presently, the company operates wind power projects totaling 33 MW across Andhra Pradesh, Maharashtra, and Tamil Nadu. Additionally, it is in the process of implementing wind power projects with a combined capacity of about 700 MW in Gujarat, Karnataka, and Maharashtra. Moreover, Karma Energy is involved in developing small hydel projects with an approximate capacity of 10 MW in Himachal Pradesh. The company’s strategic focus lies in advancing the renewable energy sector, particularly through wind and small hydropower projects, spanning across Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Maharashtra, and Tamil Nadu.
The company’s dedication to renewable energy development is underscored by its initiatives in wind and small hydropower projects. Presently, Karma Energy Limited is actively engaged in operating wind power projects across Andhra Pradesh, Maharashtra, and Tamil Nadu, with a total capacity of 33 MW. Furthermore, it is making significant strides in implementing wind power projects with a cumulative capacity of approximately 700 MW in Gujarat, Karnataka, and Maharashtra. Additionally, the company is venturing into small hydel projects, aiming to develop around 10 MW capacity in Himachal Pradesh. This concerted effort signifies Karma Energy’s commitment to driving the renewable energy sector forward across various states in India.
Gita Renewable Energy Ltd
The Market Cap of Gita Renewable Energy Ltd is Rs. 65.57 crores. The stock’s monthly return is -14.18%. Its one-year return is 33.79%. The stock is 49.81% away from its 52-week high.
Gita Renewable Energy Limited, an Indian firm, operates primarily in the power generation and distribution sector. Its core activity revolves around generating electricity from non-conventional sources. Specifically, the company emphasizes harnessing power from renewable resources. A key operational focus is the management and upkeep of a two-megawatt (MW) solar power plant situated in Harhanpalli.
This solar plant underscores the company’s commitment to sustainable energy practices. By specializing in renewable energy generation, Gita Renewable Energy contributes to India’s efforts to diversify its energy mix and reduce reliance on conventional power sources. Additionally, the company’s dedication to maintaining and optimizing its solar infrastructure aligns with broader initiatives aimed at fostering clean and environmentally friendly power generation.
Ujaas Energy Ltd
The Market Cap of Ujaas Energy Ltd is Rs. 5,337.19 crores. The stock’s monthly return is -22.62%. Its one-year return is 2,099.03%. The stock is 2,205.37% away from its 52-week high.
Ujaas Energy Limited, an Indian company, specializes in providing solutions within the Indian solar power sector. Their focus lies in the development, operation, ownership, and maintenance of a diverse array of solar energy power plants, all under their brand UJAAS. The company operates across three main segments: Solar Power Plant Operation, Manufacturing and Sale of Solar Power Plant, and Electric Vehicle (EV). Within their product portfolio are offerings like Ujaas Park, Ujaas My Site, Ujaas Home, and UJAAS. Ujaas Park serves as a comprehensive turnkey solution for investors aiming to venture into solar power production under various schemes like renewable energy certificates, preferential tariff systems, average power purchase cost, or captive mechanisms. Meanwhile, Ujaas My Site caters to the needs of commercial entities seeking to install solar power systems on their premises or chosen sites, and Ujaas Home delivers complete solar products and services, including solar panels and aluminum mounting structures for residential applications.
These offerings reflect Ujaas Energy Limited’s commitment to providing tailored solutions across different sectors, from large-scale industrial projects to residential installations, thus contributing to the widespread adoption of solar energy in India’s energy landscape.
Top Renewable Energy Stocks Below Rs 500- FAQs
Best Renewable Energy Stocks Below Rs 500 #1: NHPC Ltd
Best Renewable Energy Stocks Below Rs 500 #2: SJVN Ltd
Best Renewable Energy Stocks Below Rs 500 #3: Ujaas Energy Ltd
Best Renewable Energy Stocks Below Rs 500 #4: K.P. Energy Ltd
Best Renewable Energy Stocks Below Rs 500 #5: WAA Solar Ltd
The Best Renewable Energy Stocks Below Rs 500 based on market capitalization.
Top renewable energy stocks below Rs 500 based on 1-year return include Ujaas Energy Ltd, K.P. Energy Ltd, WAA Solar Ltd, NHPC Ltd, and Agni Green Power Ltd. These companies represent diverse sectors within renewable energy, such as hydroelectric, solar, and wind power, offering investment opportunities in India’s growing sustainable energy market.
Yes, you can invest in renewable energy stocks below Rs 500. This allows you to enter an emerging market with potential for growth at a lower cost. However, consider the risks such as high volatility and market sensitivity, and ensure you understand the sector’s dynamics before investing.
Investing in renewable energy stocks below Rs 500 can be a good choice if you seek exposure to a growing sector with the potential for significant returns. However, it’s important to be aware of the risks involved, such as volatility and regulatory changes, and to invest according to your risk tolerance.
To invest in renewable energy stocks below Rs 500, open a brokerage account, use analytical tools to select promising stocks, and consider factors like company fundamentals and industry trends. Diversify your investments to mitigate risks associated with price volatility and sector-specific uncertainties.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.