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Green Hydrogen Stocks

Green Hydrogen Stocks

Green Hydrogen Stocks represent companies involved in the production, storage, and transportation of green hydrogen. Green hydrogen is a clean-burning fuel produced using renewable energy sources like solar and wind power to split water molecules.

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List of Best Green Hydrogen Stocks to Invest in 2024

Name	Price	Analyst Rating	M Cap	Target Price	Alpha	1Y Return	3Y Return	5Y Return	PE	Industry PE	PB	Beta	Div Yld	Net Profit Qtr	Net Profit QoQ %	Net Profit YoY %	Net Profit 3Y Change %	Rev Qtr (in Cr)	Rev QoQ (in %)	Rev 1Y change %	Rev 3Y change %	Profit Mar Qtr	Profit Mar QoQ	Profit Mar 1Y Change%	Profit Mar 3Y Change%	Sector	M Cap	ROE	ROCE	EPS	Volume
Reliance Industries Ltd	₹1,253.25	BUY	LARGE CAP	1602.32	-14.83%	-1.21%	20.46%	75.74%	25.27	16.75	3.91	1.23	0.34%	19101 Cr	9.47%	6.66%	47.04%	231535	-0.11%	2.65%	92.98%	8.77%	9.59%	3.91%	-23.8%	Energy	1685185.93	8.46%	9.58%	58.395	12670179
Oil & Natural Gas Corpn Ltd	₹244.15	BUY	LARGE CAP	311.13	10.7%	24.32%	84.63%	97.76%	7.71	8.44	1.1	1.71	NA	9878.44 Cr	0.7%	67.71%	167.32%	158329.1	-5.77%	-6.46%	94.62%	9.65%	6.86%	79.31%	37.35%	Energy	311236.11	14.32%	16.24%	45.39	8430930
NTPC Ltd	₹341.75	BUY	LARGE CAP	445.8	1.5%	15.12%	186.69%	205.78%	15.5	28.07	2.17	1.56	2.31%	5380.25 Cr	-2.29%	24.6%	42.51%	44696.3	-7.88%	1.3%	60.05%	11.95%	6.08%	22.99%	-10.96%	Utilities	338462.13	12.52%	10.47%	22	14672392
Adani Green Energy Ltd	₹1,105.50	BUY	LARGE CAP	1966.25	-38.56%	-25.02%	-16.52%	746.23%	183.37	28.07	65.85	1.63	NA	416 Cr	-7.35%	29.5%	592.31%	3033	8.59%	18.57%	195.13%	13.67%	-14.68%	9.22%	134.57%	Utilities	181094.51	NA	NA	7.95	2654966
Power Grid Corporation of India Ltd	₹321.55	BUY	LARGE CAP	339.68	28.63%	42.25%	109.54%	213.2%	19.83	28.07	2.97	1.3	4.06%	3793.02 Cr	1.86%	0.99%	29.38%	11277.76	2.47%	0.53%	15.65%	33.97%	-0.6%	0.47%	11.88%	Utilities	306733.91	18.24%	12.62%	16.74	15037099
Indian Oil Corporation Ltd	₹136.71	HOLD	LARGE CAP	166.68	-0.78%	12.84%	93.54%	66.99%	11.24	16.75	1.31	1.51	6.98%	-448.78 Cr	-112.06%	268.76%	98.33%	174976.12	-9.73%	-7.77%	113.31%	5.56%	-113.36%	299.83%	-7.02%	Energy	198149.22	25.44%	20.28%	31.34	12013629
Adani Power Ltd	₹521.15		LARGE CAP		-16.36%	-2.73%	440.27%	756.49%	17	28.07	6.88	1.47	NA	3297.52 Cr	-15.72%	94.18%	1540.09%	13338.88	-10.81%	29.86%	92.02%	41.37%	-5.51%	49.53%	754.11%	Utilities	202335.02	55.41%	30.81%	54	2975529
GAIL (India) Ltd	₹193.54	BUY	LARGE CAP	234.19	23.97%	37.59%	137.67%	155.11%	11.61	19.62	1.86	1.82	3.04%	2689.67 Cr	-15.51%	76.97%	61.21%	33888.9	-2.44%	-8.54%	132.22%	7.43%	-13.39%	93.49%	-30.58%	Utilities	131219.26	14.75%	14.59%	15.06	13124279
Adani Total Gas Ltd	₹701.80		MID CAP		-44.27%	-30.65%	-59.59%	374.06%	111.53	19.62	28.56	1.32	0.03%	185.6 Cr	8.01%	22.14%	41.43%	1218.65	6.39%	2.21%	163.9%	14.92%	1.52%	19.51%	-46.41%	Utilities	78597.93	20.09%	20.88%	6.07	672236

What are Green Hydrogen Stocks?

Green hydrogen stocks are shares of companies involved in the production, storage, and utilization of hydrogen generated through renewable energy sources, such as wind or solar power.

These companies are focused on developing and commercializing technologies related to electrolysis (splitting water molecules into hydrogen and oxygen), hydrogen fuel cells, and hydrogen storage and transportation solutions. Green hydrogen is considered a clean and versatile energy carrier with potential applications in various industries.

Future of Green Hydrogen Stocks

The future of green hydrogen stocks appears promising. As the world strives for cleaner energy solutions, the demand for green hydrogen is expected to rise significantly. Additionally, government support and technological advancements will likely propel the growth of this sector.

Benefits of Investing in Green Hydrogen Stocks

High-Growth Potential: The green hydrogen market is poised for significant growth, offering the potential for substantial returns.
Government Backing: Supportive government policies create a favorable environment for green hydrogen companies to thrive.
Environmental Benefits: Green hydrogen is a clean fuel source, helping to reduce greenhouse gas emissions and air pollution.

Factors Affecting Green Hydrogen Stocks

Government Policies: Changes in government policies related to subsidies and regulations can impact the profitability of green hydrogen companies.
Cost of Renewable Energy: Fluctuations in the cost of renewable energy sources used to produce green hydrogen can affect company margins.
Technological Advancements: Breakthroughs in hydrogen storage and transportation technologies can significantly impact the sector.

Who should invest in Green Hydrogen Stocks?

Green hydrogen stocks can be attractive for investors seeking exposure to sustainable energy solutions and companies contributing to the decarbonization of various industries. These stocks may appeal to:

Long-term investors focused on companies addressing climate change and environmental challenges
Investors interested in companies benefiting from government initiatives and policies promoting clean energy adoption
Investors seeking exposure to technological advancements in hydrogen production, storage, and utilization
Investors looking for diversification within the energy sector and companies with growth potential

Check More Stocks

Name	Price	M Cap	Alpha	1Y Return	3Y Return	5Y Return	PE	Industry PE	PB	Beta	Net Profit Qtr	Net Profit QoQ %	Net Profit YoY %	Net Profit 3Y Change %	Rev Qtr (in Cr)	Rev QoQ (in %)	Rev 1Y change %	Rev 3Y change %	Profit Mar Qtr	Profit Mar QoQ	Profit Mar 1Y Change%	Profit Mar 3Y Change%	Sector	M Cap	ROE	ROCE	EPS	Volume
Adani Power Ltd	₹521.15	LARGE CAP	-16.36%	-2.73%	440.27%	756.49%	17	28.07	6.88	1.47	3297.52 Cr	-15.72%	94.18%	1540.09%	13338.88	-10.81%	29.86%	92.02%	41.37%	-5.51%	49.53%	754.11%	Utilities	202335.02	55.41%	30.81%	54	2975529
Tata Motors Ltd	₹755.70	LARGE CAP	-6.92%	6.7%	74.42%	346.08%	8.92	36.3	12.63	1.08	3450 Cr	-39.39%	1082.46%	-344.36%	100534	-6.32%	26.58%	75.32%	7.26%	-35.3%	834.16%	-239.39%	Consumer Cyclical	287035.71	19.5%	14.69%	82.99	19085263
Adani Wilmar Ltd	₹299.10	MID CAP	-31.04%	-17.42%	12.92%	12.92%	40.44	137.94	5.04	0.94	281.91 Cr	-9.54%	-69.17%	-73.83%	14460.45	2.06%	-11.9%	38.21%	0.33%	-11.36%	-65.01%	-81.06%	Edible Oil	39367.26	3.42%	9.6%	1.31	774279
Infosys Ltd	₹1,979.15	LARGE CAP	12.73%	26.35%	9.88%	169.86%	30.42	42.28	7.66	0.7	6516 Cr	2.23%	8.88%	35.14%	40986	4.25%	4.7%	52.95%	17.08%	-1.94%	3.99%	-11.64%	Technology	820733.13	36.58%	45.07%	63.37	3064095
Tata Steel Ltd	₹144.46	LARGE CAP	-6.97%	6.65%	35.77%	227.52%	62.89	25.55	1.43	1.42	758.84 Cr	-17.39%	-160.8%	-159.95%	53489.73	-1.7%	-5.83%	46.63%	-2.14%	-15.96%	-164.56%	-140.88%	Industrials	181860.02	7.79%	13.67%	-3.94	19850229
Yes Bank Ltd	₹20.62	MID CAP	-21.69%	-8.07%	64.39%	-55.17%	36.02	16.31	1.62	1.25	566.59 Cr	9.8%	74.66%	-136.84%	9225.45	2.55%	23.98%	42.4%	3.9%	7.08%	40.88%	-125.87%	Financial Services	65709.36	2.45%	NA	0.45	86755291
Zomato Ltd	₹291.90	LARGE CAP	117.26%	130.88%	134.53%	135.56%	346.06		6.95	0.69	176 Cr	-30.43%	-136.15%	-142.99%	4799	14.1%	71.13%	507.58%	2.9%	-39.03%	-121.12%	-107.08%	Technology	286422.41	5.15%	5.18%	0.4	28348122
ITC Ltd	₹470.50	LARGE CAP	-9.66%	3.96%	121.07%	91.54%	28.58	29.24	7.41	0.63	5054.43 Cr	-2.37%	6.54%	55.06%	20581.57	12.22%	-0.08%	43.85%	29.28%	-13%	6.63%	7.79%	Consumer Defensive	587445.17	29.21%	37.4%	16.62	12365167
Wipro Ltd	₹312.60	LARGE CAP	25.11%	38.73%	-7.25%	148.77%	27.51	42.28	4.34	1.05	3226.6 Cr	6.26%	-2.24%	2.25%	22301.6	1.54%	-0.8%	44.93%	12.38%	4.65%	-1.45%	-29.45%	Technology	323264.87	15.13%	19.03%	10.635	10965226
HDFC Bank Ltd	₹1,810.70	LARGE CAP	-2.9%	10.72%	28.59%	41.85%	20.49	16.31	2.5	0.96	17825.91 Cr	8.2%	39.27%	101.24%	121456.74	3.81%	99.35%	161.73%	15.7%	4.23%	-30.13%	-23.11%	Financial Services	1401495.96	16.88%	NA	86.15	11711156

Frequently Asked Questions

Key challenges include reducing the cost of hydrogen production, improving energy efficiency, developing robust hydrogen storage and transportation solutions, and building the necessary infrastructure for widespread adoption.

Green hydrogen has potential applications in various sectors, including transportation (e.g., fuel cell vehicles), energy storage (e.g., backup power, grid balancing), and industrial processes (e.g., steel production, ammonia synthesis).