Renewable Energy Stocks in India: NSE-Listed Companies
India’s renewable energy sector continues to grow, with non-fossil fuel sources accounting for 50% of the country’s installed power capacity as of 2026. Backed by government initiatives in solar, wind, green hydrogen, and energy storage, the sector continues to support the long-term growth of renewable energy stocks in India.
Best Renewable Energy Stocks
Friday, 7 August, 2026
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABCG | Onix Solar Energy Ltd | ONIXSOLAR | /stocks/abc-gas-international-ABCG | Renewable Energy | 716.55 | 716.55 | 152.71 | 1,796.40 | 1,230.41 | 27.58 | 331.44 | 0.00 | 31.13 | 175.59 | 1,963.69 | 7,805.01 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Trading Companies & Distributors | 0.99 |
| ACMES | ACME Solar Holdings Ltd | ACMESOLAR | /stocks/acme-solar-holdings-ACMES | Renewable Energy | 375.45 | 398.65 | 195.90 | 26,492.59 | 53.10 | 26.59 | 5.88 | 0.05 | 7.10 | 40.93 | 48.31 | 48.31 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.82 |
| ADNA | Adani Green Energy Ltd | ADANIGREEN | /stocks/adani-green-energy-ADNA | Renewable Energy | 1,371.50 | 1,631.50 | 765.00 | 225,910.21 | 136.75 | 26.59 | 7.56 | 0.00 | 6.30 | 43.23 | 41.99 | 50.62 | Largecap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 0.07 |
| AGN | Agni Green Power Ltd | AGNI | /stocks/agni-green-power--AGN | Renewable Energy | 17.10 | 43.35 | 13.60 | 33.40 | 38.84 | 26.59 | 1.06 | 0.00 | 2.02 | -22.10 | -20.47 | -34.86 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | 2.40 |
| AHA | Ahasolar Technologies Ltd | AHASOLAR | /stocks/ahasolar-technologies-AHA | Renewable Energy | 80.99 | 136.00 | 58.90 | 24.96 | 118.87 | 26.59 | 1.69 | 0.00 | -6.23 | -19.91 | -77.71 | -62.00 | Smallcap | Consumer Discretionary Distribution & Retail | Independent Power and Renewable Electricity Producers | Home Improvement Retail | -1.22 |
| APS | Australian Premium Solar (India) Ltd | APS | /stocks/australian-premium-solar-india-APS | Renewable Energy | 251.40 | 543.95 | 250.10 | 505.06 | 8.73 | 26.59 | 5.72 | 0.04 | 0.00 | -50.69 | 71.02 | 71.02 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | -0.82 |
| BFUT | BF Utilities Ltd | BFUTILITIE | /stocks/bf-utilities-limitd-BFUT | Renewable Energy | 560.15 | 898.70 | 368.70 | 2,109.95 | 946.17 | 26.59 | 2.00 | 0.00 | 16.57 | -23.75 | 40.39 | 18.53 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | -0.28 |
| EDCO | Energy Development Company Ltd | ENERGYDEV | /stocks/energy-development-company-EDCO | Renewable Energy | 16.79 | 29.69 | 13.15 | 79.75 | -332.30 | 26.59 | 3.48 | 0.00 | -136.29 | -16.63 | 1.14 | 56.19 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Electric Utilities | -1.73 |
| GGB | Ganesh Green Bharat Ltd | GGBL | /stocks/ganesh-green-bharat-GGB | Renewable Energy | 253.65 | 489.75 | 215.00 | 629.08 | 8.37 | 26.59 | 3.04 | 0.00 | 22.75 | -44.25 | -33.08 | -33.08 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | 0.47 |
| GIT | Gita Renewable Energy Ltd | GITARENEW | /stocks/gita-renewable-energy-GIT | Renewable Energy | 75.34 | 136.00 | 60.11 | 30.98 | -3,098.20 | 26.59 | 2.36 | 0.00 | -3.01 | -34.26 | -27.45 | -71.02 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | 8.31 |
| GUJCM | ZR2 Bioenergy Ltd | ZR2 | /stocks/gujchem-distillers-india-GUJCM | Renewable Energy | 95.00 | 433.95 | 90.00 | 33.90 | 33.57 | 26.59 | 0.24 | 0.00 | 0.00 | -75.95 | 35.99 | 475.76 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | 4.21 |
| INI | Insolation Energy Ltd | INA | /stocks/insolation-energy-INI | Renewable Energy | 112.44 | 249.50 | 79.75 | 2,426.05 | 12.09 | 26.59 | 3.93 | 0.00 | 34.80 | -49.27 | 370.46 | 1,307.26 | Smallcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | -1.67 |
| INWI | Indowind Energy Ltd (chennai) | INDOWIND | /stocks/indowind-energy-INWI | Renewable Energy | 9.08 | 18.94 | 7.00 | 146.19 | -7,309.50 | 26.59 | 0.52 | 0.00 | 0.49 | -47.06 | -28.11 | 46.69 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.10 |
| JAPR | Jaiprakash Power Ventures Ltd | JPPOWER | /stocks/jaiprakash-power-ventures-JAPR | Renewable Energy | 18.10 | 24.50 | 13.15 | 12,404.76 | 27.53 | 26.59 | 0.97 | 0.00 | 3.60 | -5.14 | 153.15 | 258.42 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Independent Power Producers & Energy Traders | -0.88 |
| KKVA | KKV Agro Powers Ltd | KKVAPOW | /stocks/kkv-agro-powers-KKVA | Renewable Energy | 451.40 | 693.00 | 451.40 | 28.15 | 8.61 | 26.59 | 1.24 | 2.22 | 7.64 | -28.89 | -12.83 | -18.22 | Smallcap | null | Independent Power and Renewable Electricity Producers | null | -5.00 |
| KPE | K.P. Energy Ltd | KPEL | /stocks/kp-energy-KPE | Renewable Energy | 304.20 | 476.65 | 237.90 | 2,062.42 | 11.37 | 26.59 | 6.61 | 0.29 | 46.46 | -34.27 | -43.08 | -43.08 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.56 |
| KPI | KPI Green Energy Ltd | KPIGREEN | /stocks/k-p-i-global-infrastructure-KPI | Renewable Energy | 375.35 | 542.25 | 335.65 | 7,419.62 | 15.58 | 26.59 | 2.82 | 0.28 | 18.44 | -29.45 | 103.57 | 2,138.22 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.24 |
| KRME | Karma Energy Ltd | KARMAENG | /stocks/karma-energy-KRME | Renewable Energy | 39.03 | 73.70 | 34.38 | 45.16 | 43.01 | 26.59 | 1.11 | 0.00 | 2.60 | -28.53 | -14.60 | 17.56 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 5.59 |
| MENA | Mena Mani Industries Ltd | MENAMANI | /stocks/mena-mani-industries-MENA | Renewable Energy | 9.40 | 9.45 | 4.94 | 94.33 | 857.51 | 22.42 | -110.97 | 0.00 | 0.00 | 35.25 | 591.18 | 557.34 | Smallcap | Technology Hardware & Equipment | Independent Power and Renewable Electricity Producers | Technology Distributors | 0.00 |
| NHPC | NHPC Ltd | NHPC | /stocks/nhpc-NHPC | Renewable Energy | 77.50 | 89.22 | 71.62 | 77,849.02 | 20.67 | 26.59 | 1.72 | 2.08 | 6.75 | -7.73 | 56.57 | 198.08 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -0.75 |
| NTP | Ntpc Green Energy Ltd | NTPCGREEN | /stocks/ntpc-green-energy-NTP | Renewable Energy | 91.33 | 119.95 | 84.00 | 76,957.67 | 147.26 | 26.59 | 4.15 | 0.00 | 3.84 | -12.48 | -24.92 | -24.92 | Midcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | 0.19 |
| ORIN | Orient Green Power Company Ltd | GREENPOWER | /stocks/orient-green-power-company-ORIN | Renewable Energy | 9.93 | 15.04 | 7.98 | 1,164.82 | 16.79 | 26.59 | 1.01 | 0.00 | 6.23 | -25.62 | -23.32 | 248.42 | Smallcap | Utilities | Independent Power and Renewable Electricity Producers | Renewable Electricity | -1.11 |
| PREMI | Premier Energies Ltd | PREMIERENE | /stocks/premier-energies-PREMI | Renewable Energy | 1,041.70 | 1,134.00 | 660.00 | 47,111.26 | 31.20 | 26.59 | 16.69 | 0.02 | 53.83 | 3.80 | 24.03 | 24.03 | Midcap | Semiconductors & Semiconductor Equipment | Independent Power and Renewable Electricity Producers | Semiconductors | 0.53 |
| SAR | Waaree Renewable Technologies Ltd | WAAREERTL | /stocks/sangam-renewables-SAR | Renewable Energy | 905.15 | 1,358.00 | 779.50 | 9,531.91 | 19.91 | 26.59 | 20.95 | 0.00 | 65.36 | -12.46 | 5.71 | 5.71 | Smallcap | Capital Goods | Independent Power and Renewable Electricity Producers | Construction & Engineering | 0.39 |
| SHUB | Shubhshree Biofuels Energy Ltd | SHUBHSHREE | /stocks/shubhshree-biofuels-energy-SHUB | Renewable Energy | 343.95 | 494.95 | 274.00 | 180.30 | 17.12 | 26.59 | 5.96 | 0.00 | 0.00 | -20.01 | 73.32 | 73.32 | Smallcap | Energy | Independent Power and Renewable Electricity Producers | Coal & Consumable Fuels | 0.31 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data in the above table is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
Readymade Stock Portfolios in the Renewable Energy Sector
The Energy Tracker smallcase, managed by Windmill Capital, is a portfolio of companies in the coal, power transmission and distribution, power trading, gas distribution, power generation, and oil and gas sectors.
The Electric Mobility Theme smallcase, managed by Windmill Capital, comprises companies that are investing in the electric vehicle ecosystem.
Disclosures for the Energy Tracker and Electric Mobility Theme smallcases.
Explore screensWhat are Renewable Energy Stocks?
Renewable energy stocks are shares of companies that focus on clean energy. This includes solar, wind, hydro, and biomass. Renewable energy stocks offer chances for growth in sustainable energy, infrastructure, and tech, benefiting from the sector’s expansion.
Latest Updates in the Indian Renewable Energy Sector
- 50% Non-Fossil Power Capacity Achieved: India reached the milestone of 50% non-fossil installed power capacity in 2025, ahead of its 2030 target, with over 283 GW of non-fossil capacity installed by March 2026.
- Renewable Capacity Continues to Grow: Installed renewable energy capacity crossed 274 GW in 2026, led by continued additions in solar, wind, hydro, and bioenergy.
- Green Hydrogen Expansion: India continues to scale its National Green Hydrogen Mission through new production facilities, port infrastructure, and international partnerships to support clean energy manufacturing.
- Energy Storage and Grid Support: The government has extended transmission charge waivers for battery and pumped storage projects to accelerate energy storage deployment and improve grid reliability.
About the Top Renewable Energy Stocks in India (2025)
- Adani Green Energy Ltd: India’s largest renewable energy company, expanding solar and wind projects to meet clean energy targets.
- NTPC Green Energy Ltd: The renewable energy arm of NTPC, driving solar, wind, and green hydrogen projects as part of its sustainable energy plan.
- NHPC Ltd: A government company specialising in hydro power, contributing to India’s renewable energy mix with river-based clean electricity projects.
- Premier Energies Ltd: A manufacturer of solar PV modules and cells, growing in solar power generation and project development.
- SJVN Ltd: A joint venture focused on hydro, solar, and wind energy, committed to sustainable development and expanding renewable capacity.
How to Invest in Renewable Energy Stocks?
Here is how one can invest in renewable energy sector stocks in NSE in India:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the Indian renewable energy investment opportunities that are of interest to you. Investors can use tools like the Tickertape Stock Screener to do this. The screener offers 200+ built-in filters to choose from, and investors can choose the parameters to research the best renewable energy sector stocks based on different criteria.
- Place a ‘Buy’ Order on the top renewable energy stocks that align with your investment thesis.
Benefits of Investing in Renewable Energy Stocks
- Exposure to a Growing Sector: India’s renewable energy capacity exceeded 274 GW in 2026 as the country continued to expand solar, wind, hydro, and bioenergy capacity. This growth shows the increasing role of renewable energy in India’s power generation mix.
- Government Policy Support: Government initiatives such as the National Green Hydrogen Mission, Production Linked Incentive (PLI) schemes, renewable purchase obligations (RPOs), and transmission infrastructure development support the growth of India’s renewable energy sector.
- Long-Term Demand Growth: India aims to reach 500 GW of non-fossil fuel capacity by 2030. Rising electricity demand also continues to drive investment in renewable power generation, energy storage, and related infrastructure.
- Diversified Industry Exposure: Renewable energy stocks cover companies involved in solar manufacturing, wind energy, power generation, equipment manufacturing, battery storage, transmission, and green hydrogen. This gives investors exposure to different parts of the clean energy value chain.
Risks of Investing in Renewable Energy Stocks
- Policy and Regulatory Changes: Government policies, tariffs, subsidies, and regulatory approvals influence the renewable energy sector. Changes in these factors can affect project economics and company performance.
- High Capital Requirements: Renewable energy projects often require significant upfront investment. Companies may depend heavily on project financing, borrowing costs, and access to capital to fund these projects.
- Execution and Project Delays: Land acquisition, environmental clearances, grid connectivity, and supply chain disruptions can delay project completion. These delays can also affect when companies recognise revenue.
- Technology and Market Competition: Rapid advances in renewable technologies, changes in equipment costs, and growing competition from domestic and global companies can affect profitability and market share.
Factors to Consider When Investing in Renewable Energy Stocks
- Revenue Sources: Renewable energy companies operate across different segments such as power generation, equipment manufacturing, engineering, battery storage, and green hydrogen. Revenue composition provides context on the company’s business model and sector exposure.
- Financial Performance: Metrics such as revenue growth, profitability, debt levels, operating cash flow, and return on equity (ROE) provide insight into a company’s financial position and operational performance.
- Project Pipeline and Capacity: Installed generation capacity, projects under construction, and future capacity additions indicate the scale of a company’s operations and planned expansion.
- Policy and Regulatory Environment: The renewable energy sector is influenced by government policies, renewable purchase obligations (RPOs), transmission regulations, and incentive schemes, which may affect business operations and project viability.
- Valuation Metrics: Financial ratios such as the price-to-earnings (PE) ratio, price-to-book (PB) ratio, and enterprise value-to-EBITDA (EV/EBITDA) are commonly used to compare renewable energy companies with industry peers.
Can't decide which stocks to pick?
smallcase offers 500+ readymade stock baskets, created and managed by SEBI-registered investment experts
Try smallcase
smallcases are readymade model portfolios of stocks/ETFs, that are based on a theme, idea or strategy. They’re created and managed by SEBI-registered investment experts (also known as smallcase managers).
Among the 500+ expert-curated portfolios, here are a few popular smallcases among new investors:
To Wrap It Up…
India’s renewable energy sector is expanding steadily, driven by strong government support and technological advances. Monitoring the share price and stock trends of renewable energy companies can help investors capitalise on the sector’s growth opportunities.
Discover ready-made stock baskets on smallcase
smallcase offers simple, quick & delightful investing for you with 200+ readymade stock baskets, created and managed by SEBI-registered investment experts
Frequently Asked Questions About Renewable Energy Stocks
1. What are renewable energy stocks?
Renewable energy stocks are shares of companies involved in solar, wind, hydro, green hydrogen, battery storage, bioenergy, transmission, and related clean energy infrastructure. These companies may generate renewable power, manufacture equipment, develop projects, or support grid integration.
2. Which is the best renewable energy stock?
The following are the best renewable energy stocks in India based of 5Y CAGR as of 20th July, 2026:
- Ujaas Energy Ltd
- Aerpace Industries Ltd
- ZR2 Bioenergy Ltd
- SRM Energy Ltd
- Refex Renewables & Infrastructure Ltd
Disclaimer: This information is for educational purposes only and is not investment advice. Please consult a financial advisor before investing.
3. How do government policies impact renewable energy companies?
Government policies such as subsidies, tax incentives, renewable purchase obligations, and transmission charge waivers influence project viability, profitability, and investor sentiment across renewable energy stocks.
4. What is a Power Purchase Agreement (PPA), and why is it relevant?
A Power Purchase Agreement is a long-term contract under which a buyer purchases electricity from a producer at a fixed price. It provides revenue visibility for a renewable energy stock in India.
5. Is there a difference between renewable and green energy stocks?
Renewable energy stocks generally include companies involved in solar, wind, hydro, and bioenergy, while green energy also covers green hydrogen and low-emission solutions. Investors often track top renewable energy stocks in India across both categories.
6. What role does battery storage play in the renewable energy space in India?
Battery storage helps manage the intermittent nature of solar and wind power by storing excess electricity for later use. It supports grid stability and can influence renewable energy penny stocks linked to storage and power equipment.
7. What types of companies are included in the renewable energy sector?
The renewable energy sector includes power producers, solar and wind equipment manufacturers, EPC companies, battery storage providers, and green hydrogen businesses. These companies are often tracked through a renewable energy stocks list.
8. Are green energy stocks a good investment?
Whether green energy stocks are suitable depends on factors such as renewable capacity growth, policy support, company fundamentals, project execution, debt levels, tariffs, and investor risk appetite.
Disclaimer: This information is for educational purposes only and is not investment advice. Please consult a financial advisor before investing.
Explore the Popular Stock Collections:
Thematic Stocks:
Keep yourself informed and up-to-date on a variety of thematic sectors by reading the articles below:
Indices and Market Movers:
Stocks Under Budget:
If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:
