Small-cap stocks are those with a market capitalization of less than Rs 16800 crores. These companies are typically less well-known than large-cap companies, but they can offer investors higher returns.
The term “green energy stock” can refer to a variety of companies that are involved in the development and production of renewable energy sources such as solar, wind, geothermal, hydroelectric, and biofuel.
KP Energy Ltd
KP Energy Limited is a Wind Energy industry balance of plant (BoP) solution provider. The company is involved in the entire wind farm development process, from conceptualization to project commissioning.
The company has reduced its low debt-to-equity ratio to 0.4 compared to previous years, a return on equity of 41 percent, a return on capital employed of 51 percent, and a net profit margin of 10 percent.
On Friday the share price closed 2 percent down Rs 909.05 per share from its previous close of Rs 928.25, the company has a market capitalization of Rs 2,000 Crores.
KP Energy Ltd is also a multi-bagger stock, with a share price increase of 168 percent in the last six months and 365 percent in the previous year. For example, if an investor put in Rs 1 lakh a year ago, the current value is Rs 4.65 lakhs.
KP Energy Limited shows net revenue increased by 25 percent annually, from Rs 55.34 crore in Q2FY23 to Rs 69.38 crore in Q2FY24. In Q2FY24, the company’s net profit climbed to Rs 35 crore from Rs 6.51 crore in Q2FY23, a year-over-year increase of 26 percent.
Websol Energy System Ltd
Websol Energy System Limited is a company based in India that primarily manufactures solar cells and modules. The company’s main business is the production of Solar Photovoltaic Cells and Modules.
The company has reduced its debt-to-equity ratio to 0.14 compared to previous years, with a market capitalization of 1,200 crores. However, the return on equity, the return on capital employed, and the net profit margin remain negative.
The share price of Websol Energy System Ltd closed at 0.86 percent up at Rs 286.75 per share from its previous close of Rs 284.30 per share.
Websol Energy System Ltd is a multi-bagger stock in the last six months the share price of the company rose by 230 percent and 180 percent in the last year. For example, if an investor invested Rs 1 Lakh six months ago the current value would be 3.30 Lakhs.
The company’s net revenue decreased by 97 percent annually, from Rs 13.55 crore in Q2FY23 to Rs 0.30 crore in Q2FY24. In Q2FY24, the company’s net loss reduced by 1.8 percent year-over-year to a net loss of Rs 3.95 crore from Rs 3.88 crore in Q2FY23, a year-over-year increase of 26 percent.
Inox Green Energy Services
Inox Green Energy Services Limited, founded in 2012, is one of India’s major wind power operation and maintenance (“O&M”) service providers. The company is a subsidiary of Inox Wind Limited (“IWL”) and a member of the Inox GFL group.
The company has a low debt-to-equity ratio of 0.31 compared to its previous years, However, the return on equity, the return on capital employed, and the net profit margin remain negative.
With a market capitalization of 3,890 crores, the share price of the company has closed 3.6 percent up at Rs 132.50 per share from its previous close of Rs 127.80 per share.
Inox Green Energy Services is a multi-bagger stock in the last six months the share price of the company rose by 132 percent and 183 percent in the last year. For example, if an investor invested Rs 1 Lakh six months ago the current value would be 2.83 Lakhs.
Inox Green Energy Services Limited’s financials, net revenue climbed from Rs 61.79 crore in Q2FY23 to Rs 47.39 crore in Q2FY24, a 23 percent annual decrease. Net profit increased by 170 percent year on year, from a net loss of Rs 8.21 crore in Q2FY23 to a net profit of Rs 5.76 crore in Q2FY24.
Written by Sriram KV
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