NTPC Share Price | Currently, Lok Sabha elections are going on in India. It is difficult to say in whose favor the trend of Lok Sabha elections in India is. In the last few years, the central government has paid special attention to the development of solar energy. According to experts, India may see strong growth in the solar energy sector. So experts have selected top 4 power stocks for investment.
Tata Power Share Price:
According to experts, shares of this company can earn multibagger returns in future. In the last six months, the shares of this company have given a return of 88 percent to the investors. On Tuesday, April 30, 2024, shares of the company closed at Rs 449 with a gain of 0.22 percent.
NTPC Share Price:
NTPC is the oldest and largest power generation company in India. The company currently owns 51 power stations and 15 solar PV plants. The company also has 42 other joint venture power stations and 16 solar PV subsidiaries. The company had set a target of increasing its installed capacity to 130 GW by 2032. Last year the company had earned revenue of $21.16 billion. The total market capitalization of this company is Rs 3.52 lakh crore. On Tuesday, April 30, 2024, shares of this company closed at Rs 363.00.
Adani Green Energy:
At present the shares of this company appear attractive for investment. The company’s management board has reduced the company’s debt-to-equity ratio from 45 to below 9.0. Last year the electricity sales of this company had increased by 52 percent. The company’s net profit is expected to double in the financial year 2023-24. On Tuesday, April 30, 2024, shares of the company closed 0.55 per cent lower at Rs 1,797.
JSW Energy:
Experts recommend buying shares of this company. This stock operating in the solar energy sector is considered to be the top solar energy stock. The company’s installed power generation capacity in Maharashtra is 6,677 MW. The solar power installed capacity of the company is 667 MW. The company reported 13 percent year-on-year growth in revenue and 28 percent growth in net profit in the March quarter. On Tuesday, April 30, 2024, shares of the company closed at Rs 630 with a gain of 4.43 percent.
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