Watch out for these Power Sector stocks that climbed over 108 per cent in just one month; do you own any?

Watch out for these Power Sector stocks that climbed over 108 per cent in just one month; do you own any?

Kiran Shroff
/ Categories: Trending, Mindshare

The BSE Power Index was one of the top gainers on the sectoral indices, up 1.27 per cent. In just 1 month, the BSE Power Index is up 5.38 per cent. 

On Friday, BSE Sensex Index was up by 0.76 per cent at a level of 61,112.44. The BSE Power Index was one of the Top Gainers on the sectoral indices, up 1.27 per cent. In just 1 month, the BSE Power Index is up 5.38 per cent. 

Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure are essential for the sustained growth of the Indian economy.  

India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 411.64 GW as of January 31, 2023. 

As of January 31, 2023, India’s installed renewable energy capacity (including hydro) stood at 168.4 GW, representing 40.9 per cent of the overall installed power capacity. Solar energy is estimated to contribute 63.3 GW, followed by 41.9 GW from wind power, 10.2 GW from biomass, 4.92 GW from small hydropower, 0.52 from waste to energy, and 46.85 GW from hydropower. 

Following are the Power Sector stocks that climbed over 108 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Amalgamated Electricity Company Ltd 

39.79 

70.04 

Gujarat Industries Power Company Ltd 

93.19 

20.74 

Adani Power Ltd 

224.85 

18 

Reliance Power Ltd 

12.22 

17.16 

Indian Energy Exchange Ltd 

156.50 

16.92 

Indowind Energy Ltd 

11.08 

13.87 

GMR Power and Urban Infra Ltd

18.93 

13.56 

Adani Green Energy Ltd 

950.60 

13.46 

Waaree Renewable Technologies Ltd 

887.15 

11.89 

GVK Power & Infrastructure Ltd 

2.52 

11.01 

Do you own any of these stocks in your portfolio? 

Previous Article These Realty Sector stocks jumped over 108 per cent in just 1 month; do you have any?
Next Article These IT Sector stocks rose over 80 per cent in just a month; do you have any?
Rate this article:
4.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR