[ad_1]

5 Best Green Hydrogen Stocks in India April 2024

By :  Sachin Gupta 

Published : 30 April 2024

Reliance Industries Ltd

12.94%

₹ 2959.00

CMP

OPM

9.31%

ROE

It is India’s largest private sector conglomerate and runs many green hydrogen and fossil fuel projects in the country.

9.37%

ROCE

Indian Oil Corporation Ltd

2.57%

₹ 176.80

CMP

OPM

7.00%

ROE

IOC operates under the Indian Government and is run by the Ministry of Petroleum and Natural Gas, and has recently launched a tender to build a hydrogen energy unit at Panipat.

9.23%

ROCE

NTPC Ltd

19.69%

₹ 364.00

CMP

OPM

11.50%

ROE

It is one of the crucial players in the power generation industry and runs various green hydrogen energies via its subsidiary called NTPC Renewable Energy Limited.

9.69%

ROCE

Larsen & Toubro Ltd

11.00%

₹ 3638.85

CMP

OPM

11.72%

ROE

The company is one of the largest and most renowned companies in the country and operates in the green hydrogen space via its subsidiary L&T Energy Green Tech Limited.

11.99%

ROCE

Oil and Natural Gas Corporation Ltd

9.33%

₹ 284.95

CMP

OPM

12.62%

ROE

Established in 1956, ONGC has recently announced a Rs. 85,000 cr investment to produce 1 million metric tonnes of green hydrogen as well as green ammonia annually.

12.24%

ROCE

Swipe up to  Open Demat Account

Check out more 5paisa webstories 

Swipe up

[ad_2]