Stock trading at a discount presents an opportunity for investors to acquire quality assets below their intrinsic value. This occurs when market prices don’t fully reflect a company’s robust financial health, growth potential, or competitive advantages, offering the potential for significant long-term gains as the market corrects itself.
Here are the Green energy trading at Discount up to 45%;
Adani Green Energy Ltd
Adani Green Energy Limited (AGEL) is an Indian-based holding corporation. The Company generates renewable power and does other related operations. The Company creates, owns, manages, and maintains utility-scale grid-connected solar, wind, hybrid, and solar parks.
With a market capitalization of Rs 1.89 lakh crore, the shares closed at Rs 1,197.35 per share, decreased around 2 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in June 2024 at Rs. 2,173.65 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 45 percent.
Looking at the company’s financial statements, the revenue increased by 38 percent from Rs. 2,220 crores in Q2FY24 to Rs. 3,055 crores in Q2FY25. In addition, the net profits increased by 39 percent from Rs. 371 crores to Rs. 515 crores during the same period.
Suzlon Energy Ltd
Suzlon Energy Limited is an Indian renewable energy solutions supplier. The company manufactures wind turbine generators and related components in various capacities. It operates in 17 countries including Asia, Australia, Europe, Africa, and the Americas.
With a market capitalization of Rs 90,274.22 crore, the shares closed at Rs 66.15 per share, increased around 0.61 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in Septmber 2024 at Rs. 86 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 23 percent.
Looking at the company’s financial statements, the revenue increased by 48 percent from Rs. 1,421 crores in Q2FY24 to Rs. 2,103 crores in Q2FY25. In addition, the net profits increased by 97 percent from Rs. 102 crores to Rs. 201 crores during the same period.
KPI Green Energy Ltd
KPI Green Energy Limited focuses on supplying solar electricity through several business sectors. The company designs, builds, owns, runs, and maintains solar power facilities as an Independent Power Producer (IPP) and Captive Power Producer (CPP), both under the Solarism brand.
With a market capitalization of Rs 10,420.76 crore, the shares closed at Rs 793.90 per share, decreased around 0.74 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in August 2024 at Rs. 1,116 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 29 percent.
Looking at the company’s financial statements, the revenue increased by 67 percent from Rs. 215 crores in Q2FY24 to Rs. 360 crores in Q2FY25. In addition, the net profits increased by 100 percent from Rs. 35 crores to Rs. 70 crores during the same period.
Inox Wind Ltd
Inox Wind Limited manufactures wind turbine generators and provides wind energy solutions to IPPs, utilities, PSUs, corporates, and retail investors. Inox Wind Ltd is a fully integrated player in the wind energy sector, offering complete turnkey solutions.
With a market capitalization of Rs 25,645.63 crore, the shares closed at Rs 196.70 per share, decreased around 3 percent as compared to the previous closing price.
The company hit its 52-week or all-time high in September 2024 at Rs. 262 apiece and, comparing the same with the current stock price prevailing in the market, there is a discount of approximately 33 percent.
Looking at the company’s financial statements, the revenue increased by 67 percent from Rs. 371 crores in Q2FY24 to Rs. 732 crores in Q2FY25. In addition, the net profits increased by 100 percent from a loss of Rs 27 crores to Rs 90 crores during the same period.
Written by:- Abhishek Singh
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