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

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:  

Do you own any of these stocks in your portfolio?