The compound annual development fee (CAGR) is the imply annual development fee of an funding over a interval longer than one 12 months, contemplating the impact of compounding. It’s probably the most correct methods to calculate and decide returns for particular person belongings, funding portfolios, and something that may rise or fall in worth over time.
Listed below are just a few inexperienced power shares with a web revenue CAGR of as much as 107 % from FY21 to FY24:
1. JSW Power Restricted
With a market cap of Rs. 76,377.5 crores, the inventory moved up by almost 0.5 % to Rs. 469.7 on BSE, in the course of the buying and selling session of Friday.
Additional, the web revenue of JSW Power elevated by a CAGR of almost 28 % to Rs. 1,725 crores in FY24, as in opposition to Rs. 823 crores in FY21.
JSW Power Restricted, a holding firm for the JSW group’s energy enterprise, is primarily engaged within the enterprise of era of energy from its energy belongings positioned in Karnataka, Maharashtra, Nandyal, and Salboni.
2. Suzlon Power Restricted
With a market cap of Rs. 69,807.4 crores, the inventory moved up by almost 1.3 % to Rs. 54.03 on BSE, in the course of the buying and selling session of Friday.
Additional, the web revenue of Suzlon Power elevated by a CAGR of almost 85 % to Rs. 660 crores in FY24, as in opposition to Rs. 104 crores in FY21.
Suzlon Power Restricted, one of many main world renewable power options suppliers, is a vertically built-in WTG producer and undertakes set up and O&M of all WTG gross sales.
Additionally learn: Market chief inventory with a web revenue CAGR of as much as 42% in 5 years to keep watch over
3. Adani Inexperienced Power Restricted
With a market cap of Rs. 1.4 lakh crores, the inventory moved up by almost 1.2 % to Rs. 924.45 on BSE, in the course of the buying and selling session of Friday.
Additional, the web revenue of Adani Inexperienced Power elevated by a CAGR of almost 90 % to Rs. 1,260 crores in FY24, as in opposition to Rs. 182 crores in FY21.
Adani Inexperienced Power Restricted is a holding firm of a number of subsidiaries carrying enterprise of renewable energy era throughout the group and is primarily concerned in renewable energy era and different ancillary actions.
4. Premier Energies Restricted
With a market cap of Rs. 43,369 crores, the inventory moved up by almost 1.7 % to Rs. 1,018.4 on BSE, in the course of the buying and selling session of Friday.
Additional, the web revenue of Premier Energies elevated by a CAGR of almost 107 % to Rs. 231 crores in FY24, as in opposition to Rs. 26 crores in FY21.
Included in April 1995, Premier Energies Restricted makes a speciality of manufacturing built-in photo voltaic cells and photo voltaic panels, and its product portfolio consists of photo voltaic cells, photo voltaic modules, monofacial and bifacial modules, in addition to EPC and O&M options.
Written by Shivani Singh
Disclaimer
The views and funding ideas expressed by funding specialists/broking homes/ranking businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of monetary losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Dailyraven Applied sciences or the creator aren’t responsible for any losses brought on on account of the choice based mostly on this text. Please seek the advice of your funding advisor earlier than investing.
