By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
5 Green Stocks to invest in: Inox Green,, Waaree Energies, Suzlon and more
New Delhi: The world is now moving away from conventional energy sources like coal, petrol and diesel to green energy sources like solar, wind and hydro. With this change, the business of companies operating in the green energy sector is growing rapidly. The shares of these companies are attractive to investors who want environmental protection as well as economic development. Companies with less debt are more financially stable and can stand firm even in market fluctuations. In this report, five such green energy sector companies have been mentioned, whose debt is negligible.
Inox Green Energy Services Limited is a large company in the wind energy sector, which operates and maintains windmills. It has its business spread across many countries. The market cap stands at Rs 9667 crore. Its debt-equity ratio is 0.09, which is very low. According to TradeBrain, its total debt was Rs 181 crore in March 2025, which fell far from Rs 1,085 crore in March 2020, and its stock jumped 1 percent on 21 October 2025. After this rise, the company's share price rose to Rs 263.40. The stock jumped 339 percent in 5 years.
Waaree Energies Limited is one of India's largest solar energy sector companies. It provides solar panels, inverters and other solar solutions. Its market cap is Rs 1,01,107 crore. Its debt-equity ratio is 0.13. Its debt was Rs 1,199 crore in March 2025, which has increased from Rs 157 crore in March 2020. The share price was recorded at Rs 3514.30 at the time of writing this article. It was listed in the market in October 2024, since then its stock has jumped more than 40 percent.
KPI Green Energy Limited produces electricity from solar and wind energy. It works in solar parks and wind energy projects. Its market cap is 9966 Crore Rupees. Its debt-equity ratio is 0.61. Its debt was 1,475 crore in March 2025, which has increased from 139 crore in March 2020. But its reserve amount has also increased from 80 crore in March 2020 to Rs 2,325 crore in March 2025. Its stock price was Rs 505.10 till the market closed yesterday. The company's performance on the returns front has been tremendous. In the last five years, the company's stock has risen about 3500 percent.
Suzlon Energy Limited is one of the largest wind turbine generators in India. It provides solutions like design, construction and maintenance i.e. PEC for wind energy. Its market capitalization is Rs 73,699 crore. Its debt-equity ratio is 0.05, which is very low. Its debt was Rs 323 crore in March 2025, which has come down a lot from Rs 13,210 crore in March 2020. The share price stood at Rs 54.17 at the time of closing on 21st October. In the last five years, the counter has given multibagger returns of more than 1900 percent to investors.
Orient Green Power Company Limited works on solar and wind energy projects in India. It helps in reducing carbon emissions by creating green energy. Its market cap is Rs 1546 crore. Its debt-equity ratio is 0.51. It had a debt of Rs 552 million in March 2025, which has come down from Rs 1,353 crore in March 2020. The stock settled at Rs 13.16 on October 21. The counter jumped 757 percent in 5 years.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)