Top 10 Wind Energy Stocks in India: Live Prices, Benefits and Risks

What are Wind Energy Stocks?

Wind energy stocks represent shares of companies that produce, develop technology, and distribute wind energy. These stocks cover manufacturers of wind turbines and components, as well as firms managing wind farm operations. Companies in this sector are part of the broader renewable energy stocks category and aim to benefit from the global shift toward clean and sustainable energy. These stocks can form a valuable part of any power sector share portfolio.

About the Top 5 Wind Energy Stocks

1. Inox Wind Ltd: Manufactures and supplies wind turbines in India, focusing on renewable energy solutions and project development, contributing to the country’s wind energy capacity expansion and technological innovation.
2. Reliance Industries Ltd: A diversified Indian conglomerate operating in energy, petrochemicals, telecom, and retail, with significant investments in sustainable energy and digital services, impacting multiple sectors nationally and globally.
3. Adani Green Energy Ltd: Engages in renewable energy generation, primarily solar and wind projects, expanding India’s green energy capacity and supporting sustainable infrastructure development across the country.
4. NTPC Ltd: India’s largest power generation company, operating thermal, hydro, and renewable energy plants, providing reliable electricity and contributing to the nation’s energy security and sustainability initiatives.
5. Suzlon Energy Ltd: Designs, manufactures, and installs wind turbines, offering end-to-end renewable energy solutions in India and abroad, with a focus on sustainable wind energy deployment and technological innovation.

How to invest in Wind Energy Stocks?

Here is how you can invest in the best wind energy stocks:

1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
2. Conduct thorough research into the top wind energy stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of wind energy stocks.
3. Place a ‘Buy’ Order on the top wind energy stocks that align with your investment thesis.

Features of Wind Energy Stocks

• Sustainability Focus: Wind energy stocks belong to an industry that contributes to eco-friendly solutions. They offer a reliable and sustainable source of energy.
• Technological Innovation: Wind technology stocks highlight innovation through improvements in turbine efficiency and the adoption of smart grid systems.
• Volatility and Growth Potential: Wind energy share prices often show volatility, yet they hold growth potential due to the increasing adoption of green energy policies.
• Global Influence: Companies producing wind energy stocks benefit from global initiatives and agreements that encourage renewable energy. This global reach can influence the overall value of power sector shares.

Benefits Of Wind Energy Stocks In India

• Government Support: The Indian government launches schemes to promote wind energy through tax incentives and subsidies that can increase wind stock prices.
• Environmental Impact: Investors in wind energy stocks support eco-friendly initiatives and help create a cleaner environment.
• Long-Term Growth: The demand for wind energy grows as India works to meet renewable energy targets, which drives up the value of wind shares.

Risks Of Investing In Wind Energy Stocks In India

• Regulatory Changes: Changing renewable energy policies affect wind turbine company stocks in India and other wind companies, so investors must stay informed about SEBI regulations.
• High Initial Costs: Companies spend heavily on infrastructure at the start, which lowers their profitability and influences wind energy share prices.
• Market Volatility: Wind energy stocks fluctuate because of geopolitical tensions, global energy prices, and technological disruptions.

Factors to Consider Before Investing in Wind Energy Stocks

• Financial Health of the Company: The company’s balance sheet, debt levels, and revenue growth indicate its financial stability.
• Technological Advancements: Companies in the wind energy sector, such as wind turbine manufacturers, often focus on innovation and new technologies.
• Global and Local Trends: Global market movements and local renewable energy policies influence the sector.
• Portfolio Diversification: Wind energy stocks in India include companies of different sizes, from large-cap to small-cap, representing a variety of business models.
• Expert Insights: Publicly available investment patterns, such as Mukul Agrawal’s holdings in Suzlon Energy, provide information on market activity and sector interest.