The Green Energy sector focuses on renewable power sources like solar and wind, promoting sustainability, while the Realty sector drives infrastructure and housing growth. Both industries attract investments but differ in risk, returns and market dynamics, shaping India’s economic future.
Content:
- Green Energy Sector Overview
- Realty Sector Overview
- Best Stocks in The Green Energy Sector
- Top Stocks in The Realty Sector
- Fundamental Analysis of the Green Energy Sector
- Fundamental Analysis of Realty Sector
- Green Energy Sector Performance & Growth
- Realty Sector Performance & Growth
- Government Policies & Incentives for the Green Energy and Realty Sector
- Challenges Faced By the Green Energy and Realty Sector
- Future Outlook of Green Energy and Realty Sector
- How to invest in the Green Energy and Realty Sector Stocks?
- Difference Between Realty Sector And Green Energy Sector – Conclusion
- Green Energy Sector Vs Realty Sector – FAQs
Green Energy Sector Overview
The Green Energy sector focuses on renewable sources like solar, wind, hydro and biomass to generate electricity while reducing carbon emissions. Government incentives, falling technology costs and rising energy demand are driving significant investments, making it a key player in sustainable development.
With ambitious renewable energy targets, this sector is experiencing rapid expansion, attracting both domestic and foreign investments. Policy support, improved storage solutions and innovations in efficiency continue to enhance growth prospects, positioning it as a crucial pillar in the global energy transition.
Realty Sector Overview
The Realty sector drives infrastructure and urban development, encompassing residential, commercial and industrial properties. Growing urbanization, rising incomes and government initiatives like affordable housing and smart cities are fueling expansion, making it a vital contributor to economic growth and employment generation.
Despite steady demand, the sector faces challenges like regulatory hurdles, interest rate fluctuations and high construction costs. Investor confidence remains strong due to increasing foreign investments, infrastructure expansion and evolving consumer preferences, ensuring long-term growth opportunities in real estate markets.
Best Stocks in The Green Energy Sector
The table below shows the best stocks in the green energy sector based on a 1Y return.
Name | Close Price (rs) | 1Y Return (%) |
Ujaas Energy Ltd | 458 | 2,012.55 |
Websol Energy System Ltd | 1,499.55 | 244.92 |
Insolation Energy Ltd | 292.95 | 153.29 |
Alpex Solar Ltd | 723 | 109.29 |
Azad Engineering Ltd | 1,555.00 | 57.36 |
Premier Energies Ltd | 1,029.00 | 22.51 |
K.P. Energy Ltd | 421.5 | 11.54 |
Suzlon Energy Ltd | 53.84 | 9.32 |
BF Utilities Ltd | 818 | 4.17 |
Waaree Renewable Technologies Ltd | 960.55 | -1.99 |
Top Stocks in The Realty Sector
The table below shows the top stocks in the realty sector based on a 1Y return.
Name | Close Price (rs) | 1Y Return (%) |
Ganesh Housing Corp Ltd | 1,445.00 | 102.25 |
Anant Raj Ltd | 617.8 | 91.12 |
Max Estates Ltd | 508.7 | 72.18 |
Oberoi Realty Ltd | 1,813.00 | 37.73 |
Phoenix Mills Ltd | 1,635.40 | 18.44 |
Brookfield India Real Estate Trust | 296 | 17.01 |
Mindspace Business Parks REIT | 376 | 12.66 |
Macrotech Developers Ltd | 1,236.30 | 9.28 |
Prestige Estates Projects Ltd | 1,339.00 | 9.18 |
Brigade Enterprises Ltd | 1,144.50 | 7.03 |
Fundamental Analysis of the Green Energy Sector
Ujaas Energy Ltd
Ujaas Energy Ltd, incorporated in 1999, is a key player in India’s solar power sector. The company specializes in solar power generation, manufacturing, sales and services of solar projects. Under its flagship brand ‘UJAAS’, it develops, operates and maintains solar energy plants while also manufacturing and selling electric vehicles.
Market Cap: ₹5,127.67 Crore
Close Price: ₹458
1Y Return: 2,012.55%
1M Return: -7.35%
6M Return: 40.92%
5Y Average Net Profit Margin: -69.43%
5Y CAGR: 160.2%
Sector: Renewable Energy
Websol Energy System Ltd
Websol Energy System Ltd is a leading manufacturer of photovoltaic crystalline solar cells and PV modules in India. The company specializes in producing high-quality solar components for commercial and industrial solar energy panels, catering to both domestic and international markets with innovative and efficient solar solutions.
Market Cap: ₹6,329.05 Crore
Close Price: ₹1,499.55
1Y Return: 244.92%
1M Return: -8.76%
6M Return: 113.76%
5Y Average Net Profit Margin: -108.01%
5Y CAGR: 120.07%
Sector: Renewable Energy
Insolation Energy Ltd
Insolation Energy Ltd, incorporated in 2015, specializes in manufacturing high-efficiency solar panels and modules of various sizes. The company operates a 200 MW solar PV module manufacturing unit in Jaipur, spanning over 60,000 sq. ft, equipped with advanced machinery to cater to the growing solar energy market.
Market Cap: ₹6,413.08 Crore
Close Price: ₹292.95
1Y Return: 153.29%
1M Return: -17.04%
6M Return: -7.56%
5Y Average Net Profit Margin: N/A
5Y CAGR: N/A
Sector: Renewable Energy
Alpex Solar Ltd
Alpex Solar Ltd, incorporated in 2008, is a leading photovoltaic module manufacturer and solar energy solutions provider. Among North India’s largest PV module manufacturers, the company produces solar panels, power plants, aluminium frames, IPP solutions, GH2 technology and AC/DC water pumps, catering to diverse renewable energy needs.
Market Cap: ₹1,754.87 Crore
Close Price: ₹723
1Y Return: 109.29%
1M Return: -13.07%
6M Return: 3.59%
5Y Average Net Profit Margin: 2.73%
5Y CAGR: N/A
Sector: Renewable Energy
Azad Engineering Ltd
Azad Engineering Ltd, incorporated in 1983, is a leading manufacturer of aerospace components and turbines. The company supplies precision-engineered products to original equipment manufacturers (OEMs) across the aerospace, defence, energy and oil and gas industries, ensuring high-quality solutions for critical applications worldwide.
Market Cap: ₹9,205.67 Crore
Close Price: ₹1,555.00
1Y Return: 57.36%
1M Return: -14.77%
6M Return: -4.99%
5Y Average Net Profit Margin: N/A
5Y CAGR: N/A
Sector: Engineering
Premier Energies Ltd
Premier Energies Ltd, incorporated in April 1995, is a leading manufacturer of integrated solar cells and panels. The company offers a diverse product portfolio, including monofacial and bifacial solar modules, along with EPC and O&M solutions, catering to India’s growing renewable energy sector.
Market Cap: ₹46,314.25 Crore
Close Price: ₹1,029.00
1Y Return: 22.51%
1M Return: -20.27%
6M Return: 22.51%
5Y Average Net Profit Margin: 2.32%
5Y CAGR: N/A
Sector: Renewable Energy
K.P. Energy Ltd
K.P. Energy Ltd (KPEL), part of the KP Group, specializes in utility-scale wind power infrastructure. The company manages wind farm siting, land acquisition, permits, EPCC of wind projects and balance-of-plant (BoP) infrastructure. KPEL also operates wind turbines and solar power plants as an Independent Power Producer (IPP), primarily in Gujarat.
Market Cap: ₹2,800.31 Crore
Close Price: ₹421.5
1Y Return: 11.54%
1M Return: -15.98%
6M Return: 11.86%
5Y Average Net Profit Margin: 8.43%
5Y CAGR: 88.59%
Sector: Renewable Energy
Suzlon Energy Ltd
Suzlon Energy Ltd is a leading global renewable energy solutions provider and a vertically integrated wind turbine generator (WTG) manufacturer. The company designs, develops and manufactures key WTG components while offering turnkey wind project execution, including installation, operations, maintenance, wind resource assessment and power evacuation services in India and internationally.
Market Cap: ₹73,167.02 Crore
Close Price: ₹53.84
1Y Return: 9.32%
1M Return: -5.7%
6M Return: -22.62%
5Y Average Net Profit Margin: -9.16%
5Y CAGR: 92.25%
Sector: Renewable Energy
BF Utilities Ltd
BF Utilities Ltd, incorporated in 2000, specializes in electricity generation through wind energy and infrastructure development. The company primarily produces wind power, which is utilized by Bharat Forge Ltd. at its Pune plant, while also engaging in infrastructure-related activities to support sustainable energy solutions.
Market Cap: ₹3,075.00 Crore
Close Price: ₹818
1Y Return: 4.17%
1M Return: -13.7%
6M Return: 7.26%
5Y Average Net Profit Margin: 8.67%
5Y CAGR: 20.54%
Sector: Utilities
Waaree Renewable Technologies Ltd
Waaree Renewables Technologies Ltd, incorporated in 1999, specializes in power generation through renewable energy sources and offers consultancy services. As one of India’s largest vertically integrated new energy companies, it operates a 12GW solar panel manufacturing capacity across its facilities in Chikhli, Surat and Umbergaon, Gujarat.
Market Cap: ₹10,013.40 Crore
Close Price: ₹960.55
1Y Return: -1.99%
1M Return: -25.26%
6M Return: -32.87%
5Y Average Net Profit Margin: -4.14%
5Y CAGR: 218.91%
Sector: Renewable Energy
Fundamental Analysis of Realty Sector
Ganesh Housing Corp Ltd
Ganesh Housing Corporation Ltd, incorporated in 1991, is a prominent real estate developer engaged in residential, commercial and infrastructure projects. The company focuses on creating modern, sustainable developments, contributing to urban expansion and infrastructure growth across key locations in India.
Market Cap: ₹12,022.33 Crore
Close Price: ₹1,445.00
1Y Return: 102.25%
1M Return: 18.66%
6M Return: 64.48%
5Y average Net Profit Margin: -3.45%
5Y CAGR: 106.27%
Sector: Real Estate
Anant Raj Ltd
Anant Raj Ltd, incorporated in 1985, is a leading real estate developer specializing in IT parks, SEZs, office complexes, hospitality and residential projects. Operating across Delhi, Haryana, Andhra Pradesh, Rajasthan and NCR, the company has developed over 20 million sq. ft. of real estate, including affordable housing.
Market Cap: ₹21,145.94 Crore
Close Price: ₹617.80
1Y Return: 91.12%
1M Return: -29.95%
6M Return: 21.22%
5Y average Net Profit Margin: 11.33%
5Y CAGR: 79.13%
Sector: Real Estate
Max Estates Ltd
Max Estates Ltd, the real estate arm of Max Group, is a leading developer in Delhi-NCR. Backed by Max Group’s 40-year legacy, the company focuses on premium residential and commercial developments, leveraging expertise from its sister companies like Max Life, Max Asset Services and Max Health Insurance.
Market Cap: ₹8,201.05 Crore
Close Price: ₹508.70
1Y Return: 72.18%
1M Return: -12.32%
6M Return: -3.58%
5Y average Net Profit Margin: N/A
5Y CAGR: N/A
Sector: Real Estate
Oberoi Realty Ltd
Oberoi Realty Ltd, headquartered in Mumbai, is a leading real estate developer specializing in residential, office spaces, retail, hospitality and social infrastructure. Part of the Oberoi Realty Group, the company has developed 95 lakh sq. ft., with 103 lakh sq. ft. under implementation through its subsidiaries.
Market Cap: ₹66,351.95 Crore
Close Price: ₹1,813.00
1Y Return: 37.73%
1M Return: -19.01%
6M Return: 2.36%
5Y average Net Profit Margin: 36.5%
5Y CAGR: 27.71%
Sector: Real Estate
Phoenix Mills Ltd
Phoenix Mills Ltd is India’s leading retail mall developer and operator, managing around 0.64 million sq. m. of retail space across nine malls in six major cities. The company is also involved in commercial and residential real estate development and the hospitality sector, with over 2.11 million sq. m. developed.
Market Cap: ₹58,766.09 Crore
Close Price: ₹1,635.40
1Y Return: 18.44%
1M Return: 4.52%
6M Return: 0.02%
5Y average Net Profit Margin: 20.69%
5Y CAGR: 30.27%
Sector: Real Estate
Brookfield India Real Estate Trust
Brookfield India Real Estate Trust (REIT) is a commercial real estate investment trust focused on campus-format office parks. Its portfolio includes premium commercial assets across Mumbai, Gurgaon, Noida and Kolkata, catering to top-tier corporate tenants and supporting India’s growing office space demand.
Market Cap: ₹9,717.19 Crore
Close Price: ₹296.00
1Y Return: 17.01%
1M Return: 5.79%
6M Return: 10.05%
5Y average Net Profit Margin: N/A
5Y CAGR: N/A
Sector: Real Estate
Mindspace Business Parks REIT
Mindspace Business Parks REIT is a SEBI-registered Real Estate Investment Trust focused on rental-yielding Grade-A commercial properties. Sponsored by the K Raheja Corp Group, it holds a premium office portfolio, generating stable rental income and is publicly listed for investor participation in India’s commercial real estate sector.
Market Cap: ₹20,155.50 Crore
Close Price: ₹376.00
1Y Return: 12.66%
1M Return: 2.58%
6M Return: 9.72%
5Y average Net Profit Margin: N/A
5Y CAGR: N/A
Sector: Real Estate
Macrotech Developers Ltd
Macrotech Developers Ltd, known for its Lodha brand, is one of India’s largest real estate developers by presales and development pipeline. With a strong presence in MMR and Pune, the company expanded into Bengaluru in November 2023, focusing on residential and commercial real estate projects.
Market Cap: ₹1,23,544.00 Crore
Close Price: ₹1,236.30
1Y Return: 9.28%
1M Return: -12.02%
6M Return: 1.72%
5Y average Net Profit Margin: 7.79%
5Y CAGR: N/A
Sector: Real Estate
Prestige Estates Projects Ltd
Prestige Estates Projects Ltd is a leading real estate developer with a diversified portfolio across residential, office, retail, hospitality, property management and warehousing. Operating in over 12 major locations across India, the company is known for delivering high-quality and innovative urban infrastructure projects.
Market Cap: ₹58,049.51 Crore
Close Price: ₹1,339.00
1Y Return: 9.18%
1M Return: -14.07%
6M Return: -18.69%
5Y average Net Profit Margin: 14.47%
5Y CAGR: 29.10%
Sector: Real Estate
Brigade Enterprises Ltd
Brigade Enterprises Ltd, established in 1986, is a leading real estate developer based in Bengaluru with operations across South India. The company has completed over 250 projects spanning 70 million sq. ft. across residential, office, retail and hospitality sectors in cities like Mysuru, Chennai, Hyderabad, Kochi and Ahmedabad.
Market Cap: ₹28,022.44 Crore
Close Price: ₹1,144.50
1Y Return: 7.03%
1M Return: -7.11%
6M Return: -2.65%
5Y average Net Profit Margin: 4.45%
5Y CAGR: 37.17%
Sector: Real Estate
Green Energy Sector Performance & Growth
The below table shows the green energy sector performance & growth based on a 5-year net profit margin.
Name | Close Price (rs) | 5Y Avg Net Profit Margin (%) |
SJVN Ltd | 95.8 | 41.4 |
NHPC Ltd | 77.47 | 31.23 |
KPI Green Energy Ltd | 474.85 | 16.65 |
BF Utilities Ltd | 818 | 8.67 |
K.P. Energy Ltd | 421.5 | 8.43 |
Adani Green Energy Ltd | 989.9 | 7.01 |
Waaree Energies Ltd | 2,298.30 | 4.89 |
Orient Green Power Company Ltd | 14.98 | 3.63 |
Alpex Solar Ltd | 723 | 2.73 |
Premier Energies Ltd | 1,029.00 | 2.32 |
Realty Sector Performance & Growth
The below table shows the realty sector performance & growth based on a 5-year net profit margin.
Name | Close Price (rs) | 5Y Avg Net Profit Margin (%) |
National Standard (India) Ltd | 4,050.00 | 40.51 |
Oberoi Realty Ltd | 1,813.00 | 36.5 |
Embassy Office Parks REIT | 365.5 | 25.11 |
DLF Ltd | 755.65 | 21.57 |
Phoenix Mills Ltd | 1,635.40 | 20.69 |
Prestige Estates Projects Ltd | 1,339.00 | 14.47 |
Anant Raj Ltd | 617.8 | 11.33 |
Keystone Realtors Ltd | 600 | 10.98 |
Godrej Properties Ltd | 2,250.20 | 8.83 |
Macrotech Developers Ltd | 1,236.30 | 7.79 |
Government Policies & Incentives for the Green Energy and Realty Sector
The Indian government supports the Green Energy sector through initiatives like the Production Linked Incentive (PLI) scheme, solar subsidies and renewable energy targets of 500 GW by 2030. Policies like FDI in renewables and tax benefits drive investment and sectoral growth.
For the Realty sector, policies like the Pradhan Mantri Awas Yojana (PMAY), Real Estate Regulatory Authority (RERA) and Smart Cities Mission enhance transparency, affordability and infrastructure. Tax incentives, lower GST rates and REITs promote investment, boosting real estate development.
Challenges Faced By the Green Energy and Realty Sector
The main challenges for both sectors include the need for continuous technological advancements, high capital investment requirements, regulatory constraints, market demand fluctuations and supply chain dependencies, all of which impact operational efficiency and growth potential.
- Technology Development: Both sectors require continuous innovation and substantial R&D investments to stay competitive. The Green Energy sector must enhance renewable energy technologies, while the Realty sector focuses on integrating smart building and construction technologies to meet modern consumer demands.
- Capital Requirements: High setup and operational costs heavily impact profitability in both sectors. In Green Energy, the initial infrastructure investment for renewable projects is substantial, while in reality, land acquisition and development costs require consistent funding to maintain growth.
- Regulatory Constraints: Both sectors face complex regulations that can delay projects and increase compliance costs. In Green Energy, inconsistent policies hinder investment, while the Realty sector is affected by stringent zoning laws, environmental regulations and approval delays, which slow development timelines.
- Market Demand Fluctuations: Demand for products in both sectors can fluctuate based on economic cycles, policy changes and consumer preferences. In Green Energy, changes in subsidy structures can impact demand, while in reality, housing market slowdowns or oversupply can lead to pricing volatility and reduced sales.
Future Outlook of Green Energy and Realty Sector
The Green Energy sector has a promising future, driven by global sustainability efforts and government incentives. India’s renewable energy capacity is projected to grow significantly, with increased investments in solar, wind and energy storage technologies, aligning with net-zero goals by 2070.
The Realty sector also shows positive prospects, fueled by urbanization, government initiatives and rising demand for affordable housing and commercial spaces. Smart city projects, infrastructure development and the adoption of sustainable building technologies will boost long-term growth, despite market fluctuations and regulatory challenges.
How to invest in the Green Energy and Realty Sector Stocks?
To invest in the Green Energy and Realty Sector Stocks, follow these steps:
- Open a Demat and Trading Account: Choose a brokerage platform like Alice Blue and complete the KYC process to start trading.
- Research the Stocks: Analyze the company’s financials, industry position and valuation to ensure it meets fundamental strength criteria.
- Place Your Buy Order: Log in to your trading account, search for the stock and specify the number of shares you want to purchase.
- Monitor Your Investment: Regularly track the stock’s performance and market news to make informed decisions on holding or selling.
- Brokerage Tariffs: Please note that Alice Blue’s updated brokerage tariff is now Rs. 20 per order, which will apply to all trades.
Difference Between Realty Sector And Green Energy Sector – Conclusion
- The Green Energy sector focuses on renewables like solar and wind, driven by government incentives and rising demand. With expanding investments and technological advancements, it plays a key role in global sustainable development.
- The Realty sector drives urban development through residential, commercial and industrial projects, supported by government initiatives. Despite challenges, it continues to grow with strong investor confidence and evolving consumer demand.
- The Indian government supports Green Energy with incentives like PLI and solar subsidies, while the Realty sector benefits from policies like PMAY, RERA and tax incentives, promoting investment and infrastructure development.
- Both the Green Energy and Realty sectors face challenges like high capital costs, regulatory constraints, technological advancements and demand fluctuations, impacting growth. Innovation, investment and policy stability are key to overcoming these obstacles.
- The Green Energy sector is poised for growth with government support and sustainability goals, while the Realty sector benefits from urbanization, government initiatives and smart city projects, driving long-term growth despite challenges.
- To invest in Green Energy and Realty stocks, open a Demat and Trading account with a brokerage platform like Alice Blue, research stocks, place buy orders, monitor investments and be aware of brokerage tariffs like Alice Blue’s Rs. 20 per order.
Green Energy Sector Vs Realty Sector – FAQs
The Green Energy sector in India focuses on generating power from renewable sources like solar, wind, hydro and biomass. As of November 2024, India’s installed non-fossil fuel capacity reached over 205.52 GW, accounting for about 42% of the country’s total capacity.
Realty sector in India encompasses the development, buying, selling and leasing of residential, commercial and industrial properties. In 2024, the market was valued at approximately USD 332.85 billion, with projections to reach USD 985.80 billion by 2030, growing at a CAGR of 24.25%.
The Green Energy sector focuses on sustainable power generation through renewables, while the Realty sector deals with property development and infrastructure. Green energy supports environmental conservation, whereas real estate drives urban expansion, economic activity and housing demand, often impacted by regulations and market cycles.
Best Stocks In The Green Energy Sector #1: Ujaas Energy Ltd
Best Stocks In The Green Energy Sector #2: Websol Energy System Ltd
Best Stocks In The Green Energy Sector #3: Insolation Energy Ltd
Best Stocks In The Green Energy Sector #4: Alpex Solar Ltd
Best Stocks In The Green Energy Sector #5: Azad Engineering Ltd
Best Stocks In The Green Energy Sector based on 1-year return.
Best Stocks In The Realty Sector #1: Ganesh Housing Corp Ltd
Best Stocks In The Realty Sector #2: Anant Raj Ltd
Best Stocks In The Realty Sector #3: Max Estates Ltd
Best Stocks In The Realty Sector #4: Oberoi Realty Ltd
Best Stocks In The Realty Sector #5: Phoenix Mills Ltd
Best Stocks In The Realty Sector based on 1-year return.
In 2024, India’s renewable energy sector attracted investments of approximately ₹100,000 crore, nearly double that of traditional energy sectors. This surge indicates promising returns for investors, driven by government initiatives and a growing emphasis on sustainability.
After a 47% decline in 2020, India’s housing sales rebounded with growth rates of 71% in 2021, 54% in 2022 and 31% in 2023. However, 2024 saw a marginal decline of 4% in sales volumes.
The Indian Realty sector faces challenges such as high interest rates, regulatory hurdles, rising construction costs and market oversupply. Economic downturns and changing consumer preferences also impact growth.
Precise figures for FII investments in India’s Green Energy sector vary annually. In 2024, the sector saw an influx of approximately ₹100,000 crore, indicating significant interest from both domestic and foreign investors.
Specific ROCE figures for India’s Green Energy sector vary by company. For instance, KPI Green Energy Ltd reported a 5-year average return on investment of 11.99% as of October 2024.
Yes, the Realty sector is currently considered overvalued. The industry’s price-to-earnings (P/E) ratio stands at 31.9, exceeding its three-year average, indicating potential overvaluation amid rising property prices and strong investor demand.
Investing in India’s Green Energy sector involves risks such as policy changes, technological uncertainties, high initial capital expenditures and market competition. Dependence on government subsidies and fluctuating energy prices can also affect returns.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.