Hydropower stocks in India are seen using different renewable energy sources to increase their renewable energy production capacity.
Although renewable energy is being produced from wind energy and solar energy in our country, the maximum renewable energy is produced through hydropower.
Compared to other renewable sources, hydropower sources have been developed many years ago.
That is why currently 37 hydropower projects are operating in the country, which produce about 15 gigawatts of electricity.
But now the Ministry of Energy of India aims to add 11.9 gigawatts of hydropower capacity in the coming 5 years, for which some announcements can be made in the coming financial year.
Due to this, the companies associated with the field of hydropower are going to get benefits, which we have discussed in this article.
NHPC Ltd
NHPC Ltd is the largest corporation in the hydropower sector in the country. This company works from the concept of hydropower project to its operation.
The company has a hydroelectric power generation capacity of 5702 MW. The company has 7 hydroelectric projects under construction which are going to be capable of generating 4095 MW of hydroelectricity. The market value that this firm has is 1,14,564 crore rupees.
The price of stock for the company is the amount of 115.27 rupees. The minimum price of the stock in 52 weeks is Rs 44.85 and the maximum price is Rs 118.
The company has given a return of 12.47 percent in the last 1 month, 25.79 percent in 3 months, 145.85 percent in 1 year, 346.31 percent in 3 years, and 380.5% in the last 5 years.
SJVN Ltd
SJVN Ltd is seen working in the field of hydroelectricity. The company has two projects in operation which produce 1912 MW of hydroelectricity.
Apart from hydropower, the company is also seen expanding in the fields of solar energy and wind energy. The market capitalization of this business is 60,161 crore.
The share price of the company is 153.09 rupees. The minimum price of the stock in 52 weeks is Rs 45.20 and the maximum price is Rs 170.50.
The company has given a return of 14.74 percent in the last 1 month, 17.62 percent in 3 months, 220.96 percent in 1 year, 432.53 percent in 3 years, and 472.12% in the last 5 years.
Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Ltd is in the business of producing hydropower as well as coal mining and cement grinding. At present, the total energy production capacity of the company is 2200 MW.
Out of which 400 MW is hydropower capacity. The market cap of this company is Rs 12,754.29 crore.
The stock price of this company is Rs 18.58. The lowest price of the stock in 52 weeks is Rs 5.90 and the maximum price is Rs 24.
The company has given a return of 2.94 percent in 3 months, 207.11 percent in 1 year, 181.52 percent in 3 years, and 877.89 percent in the last 5 years.
JSW Energy Ltd
JSW Energy Ltd is the largest private energy-producing company in the country.
The total energy production capacity of the company is 6677 MW, out of which the maximum 3158 MW comes from thermal energy, 1391 MW from hydropower, 1461 MW from wind energy, and 667 MW from solar energy. The market cap of this company is Rs 1,25,481 crore.
The stock price of this company is Rs 717.75. The lowest price of the stock in 52 weeks is Rs 283.25 and the maximum price is Rs 752.00.
The company has given a return of 10.38 percent in the last 1 month, 47.22 percent in 6 months, 129.35 percent in 1 year, 319.86 percent in 3 years, and 938.71 percent in the last 5 years.
Indsil Hydro Power & Manganese Ltd
This company is seen doing business in the fields of smelter and hydropower. Apart from this, the company also provides low-carbon silico manganese to steel and stainless steel manufacturers in the country. The market cap of this company is Rs 168 crore.
The stock price of this company is Rs 60.60. The 52-week minimum price of the stock is Rs 37.70 and the maximum price is Rs 73.95.
The company has given a return of 12.83 percent in the last 1 month, 16.7 percent in 3 months, 37.26 percent in 1 year, 189.95 percent in 3 years, and 94.54% in the last 5 years.
Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations.
