These multibagger stocks of clean energy sector did amazing, gave up to 3738% return in 1 year

Multibagger Stock: Multibagger stocks are known for their basic feature of giving more than 100% returns in a stipulated period of time. Many stocks in the renewable and clean energy sector have also given multibagger returns this year. Today we will tell you about these shares.

Gita Renewable Energy:

• This company works to generate electricity using renewable sources including water, solar and hydro.
• After its listing in 2015, the company has been making loss and turned profitable for the first time in Q4 FY21, which also helped the company in increasing the share price.
• Interestingly, the 1-year return of the stock has been 3738%.
• This has happened because of the amazing stock movement from the level of Rs 5 on October 13, 2020 to the level of Rs 211 currently.

JSW Energy:

• This company is a private sector power generation unit.
• The company currently generates 4,559 MW of electricity, of which 3158 MW is thermal power, 1391 MW hydropower and 10 MW is solar power.
• In a span of 1 year, the stock of this company has increased by more than 500 percent. During this time, this stock has risen from Rs 58.65 to Rs 85.

Waaree Renewable Technologies:

• Vari Solar is a global leading manufacturer of PV modules and solar energy solutions provider.
• This stock has achieved more than 900 percent growth during 1 year.
• The shares of the company were Rs 18 on 14 October 2020 whereas at present it is Rs 85.

Borosil Renewables:

• Established in the year 2010, this solar glass maker has achieved a record growth of 421 percent in the last one year.

Websol Energy System:

• Websol Energy Systems Ltd. is a leading manufacturer of Photovoltaic Crystalline Solar Cells and Modules in India.
• Its stock had also gained a good 345% in the last one year. During this, it has reached from Rs 19 to Rs 86.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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