{"id":311502,"date":"2026-10-15T17:24:41","date_gmt":"2026-10-15T11:54:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=311502"},"modified":"2026-10-15T17:24:41","modified_gmt":"2026-10-15T11:54:41","slug":"green-energy-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Green Energy Stocks to Watch for Future Multibagger Potential: Waaree Energies, Suzlon Energy and Premier Energies"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Waaree Energies Rs 2,494. Suzlon Energy Rs 40.95. Premier Energies Rs 915. Market caps from Rs 41,991 crore to Rs 72,488 crore. Data as of 15 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Waaree Energies, Suzlon Energy and Premier Energies are the 3 picks in this green energy stocks watchlist, with market caps between Rs 41,991 crore and Rs 72,488 crore. Waaree Energies stands out for the fastest profit growth, 164.26% a year since FY22, while Suzlon Energy offers the biggest five-year price gain at 502.74%. PE ratios run from 17.65 to 25.09, so compare each one with its industry PE before investing. All figures are as of 15 October 2026.<\/p>\n<\/p><\/div>\n<p>Green energy stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Waaree Energies, Suzlon Energy and Premier Energies meet that test, with market caps from Rs 41,991 crore to Rs 72,488 crore and Waaree Energies offering the fastest profit growth, 164.26% a year since FY22. India has set a large renewable capacity target, and manufacturers of solar modules, cells and wind turbines are expanding to supply it.<\/p>\n<p>This list covers listed solar and wind equipment makers with complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening green energy stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 15 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=green-energy-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#What_Are_Green_Energy_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Green Energy Stocks and Why Do They Attract Multibagger Interest?\">What Are Green Energy Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Green_Energy_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Green Energy Stocks at a Glance: Price, Market Cap, PE and ROE\">Green Energy Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Waaree_Energies_16426_Profit_CAGR_Since_FY22\" title=\"Waaree Energies: 164.26% Profit CAGR Since FY22\">Waaree Energies: 164.26% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Suzlon_Energy_Revenue_Up_5320_in_FY26\" title=\"Suzlon Energy: Revenue Up 53.20% in FY26\">Suzlon Energy: Revenue Up 53.20% in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Premier_Energies_Revenue_Up_2065_in_FY26\" title=\"Premier Energies: Revenue Up 20.65% in FY26\">Premier Energies: Revenue Up 20.65% in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Green_Energy_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Green Energy Stocks: Financial Comparison on Growth and Margins\">Green Energy Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\" title=\"Institutional Holding in Waaree Energies, Suzlon Energy and Premier Energies\">Institutional Holding in Waaree Energies, Suzlon Energy and Premier Energies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Green_Energy_Stocks\" title=\"Risks to Weigh in Green Energy Stocks\">Risks to Weigh in Green Energy Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Green_Energy_Stocks\" title=\"How to Choose Between Green Energy Stocks\">How to Choose Between Green Energy Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Green_Energy_Stocks_to_Watch\" title=\"Frequently Asked Questions on Green Energy Stocks to Watch\">Frequently Asked Questions on Green Energy Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Which_are_the_best_green_energy_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best green energy stocks to watch for multibagger potential?\">Which are the best green energy stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Is_Premier_Energies_a_good_stock_for_long-term_investors\" title=\"Is Premier Energies a good stock for long-term investors?\">Is Premier Energies a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Can_Waaree_Energies_become_a_multibagger_from_here\" title=\"Can Waaree Energies become a multibagger from here?\">Can Waaree Energies become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\" title=\"What is the market cap of Waaree Energies, Suzlon Energy and Premier Energies?\">What is the market cap of Waaree Energies, Suzlon Energy and Premier Energies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_green_energy_stocks\" title=\"What are the risks of investing in green energy stocks?\">What are the risks of investing in green energy stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#Is_Suzlon_Energy_trading_below_its_industry_PE\" title=\"Is Suzlon Energy trading below its industry PE?\">Is Suzlon Energy trading below its industry PE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/green-energy-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\" title=\"How much do institutions hold in Waaree Energies, Suzlon Energy and Premier Energies?\">How much do institutions hold in Waaree Energies, Suzlon Energy and Premier Energies?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Green_Energy_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Green Energy Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Green energy stocks in this list are manufacturers that supply the equipment behind clean power, namely solar cells and modules and wind turbines. Their revenue follows project installations, so a strong order book shows how much business is already lined up.<\/p>\n<p>Renewable capacity targets, domestic manufacturing incentives and falling costs of clean power support demand for these makers. Companies that expand cell capacity or turbine output while holding strong order books are the ones investors favour in green energy stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Green_Energy_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Green Energy Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are as of 15 October 2026, mid-session. Suzlon Energy has the lowest PE of the group at 17.65, while Premier Energies posts the highest return on equity at 35.05%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/waareeener\/waaree-energies-ltd-share-price-today\">Waaree Energies<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,494<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">72,488<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.11<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">46.39<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.22<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,281.80 to 3,718.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/suzlon\/suzlon-energy-ltd-share-price-today\">Suzlon Energy<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">40.95<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">55,580<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.65<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">46.39<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.43%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.06<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">36.31 to 61.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/premierene\/premier-energies-ltd-share-price-today\">Premier Energies<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">915<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41,991<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.09<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.49<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">35.05%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.86<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">660.00 to 1,134.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_16426_Profit_CAGR_Since_FY22\"><\/span><strong>Waaree Energies: 164.26% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waaree Energies is one of India&#8217;s largest solar module makers by capacity and manufactures solar cells and modules. It reported FY26 revenue of Rs 27,244.92 crore, up 83.52% year on year, and net profit of Rs 3,884.15 crore, up 101.45%. Net profit has compounded at 164.26% a year since FY22, while revenue has grown 74.31% a year. Operating margin was 23.82% in FY26. The debt-to-equity ratio is 0.22.<\/p>\n<p>In the June 2026 quarter, revenue rose 76.25% to Rs 8,102.60 crore and net profit grew 15.39% to Rs 891.87 crore. Domestic institutions raised their holding from 2.86% in June 2025 to 4.08% in June 2026. The stock trades at a PE of 18.11 against an industry PE of 46.39, below the sector average, with a return on equity of 25.71%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Suzlon_Energy_Revenue_Up_5320_in_FY26\"><\/span><strong>Suzlon Energy: Revenue Up 53.20% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Suzlon Energy designs and makes wind turbines and provides operations and maintenance services for wind farms. It reported FY26 revenue of Rs 16,841.78 crore, up 53.20% year on year, and net profit of Rs 3,163.39 crore, up 52.70%. Revenue has compounded at 26.37% a year since FY22. Operating margin was 19.14% in FY26. The debt-to-equity ratio is 0.06, which keeps interest costs low.<\/p>\n<p>The stock trades at a PE of 17.65 against an industry PE of 46.39, below the sector average, with a return on equity of 33.43%. Revenue for the June 2026 quarter rose 22.03% to Rs 3,862.53 crore, at an operating margin of 16.46%. The share price has gained 502.74% over five years. Domestic institutions raised their holding from 10.17% in June 2025 to 11.11% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Premier_Energies_Revenue_Up_2065_in_FY26\"><\/span><strong>Premier Energies: Revenue Up 20.65% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Premier Energies makes solar cells and modules at manufacturing plants in Telangana. It reported FY26 revenue of Rs 8,025.91 crore, up 20.65% year on year, and net profit of Rs 1,509.69 crore, up 61.10%. Revenue has compounded at 79.85% a year since FY22. Operating margin was 33.02% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 34.13% to Rs 2,507.63 crore and net profit grew 53.33% to Rs 471.92 crore. Domestic institutions raised their holding from 13.26% in September 2025 to 18.88% in September 2026. The stock trades at a PE of 25.09 against an industry PE of 53.49, below the sector average, with a return on equity of 35.05%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Green_Energy_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Green Energy Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these green energy stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Waaree Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27,244.92<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,884.15<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">83.52%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">74.31%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">76.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.31%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Suzlon Energy<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16,841.78<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,163.39<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.20%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.37%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.03%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.46%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Premier Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,025.91<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,509.69<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.65%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">79.85%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">34.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.86%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these green energy stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\"><\/span><strong>Institutional Holding in Waaree Energies, Suzlon Energy and Premier Energies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these green energy stocks alongside the promoter. The table uses the latest reported quarter for each. Suzlon Energy has the deepest institutional backing, with FII and DII together holding 35.26% as of June 2026. Domestic institutions increased their holding over the past year in Waaree Energies (from 2.86% to 4.08%), Suzlon Energy (from 10.17% to 11.11%) and Premier Energies (from 13.26% to 18.88%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Waaree Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64.12%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.57%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.08%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.23%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Suzlon Energy<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.15%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.11%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.04%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Premier Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">58.49%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.12%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.88%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.51%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Green_Energy_Stocks\"><\/span><strong>Risks to Weigh in Green Energy Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with green energy stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Equipment makers depend on project timelines, so deliveries and revenue can be uneven between quarters.<\/li>\n<li>Solar module prices and trade policy on imports influence margins.<\/li>\n<li><strong>Valuation:<\/strong> A low PE can also reflect slower growth, so compare each PE with the growth rate instead of reading it alone.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Green_Energy_Stocks\"><\/span><strong>How to Choose Between Green Energy Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from green energy stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (46.39 to 53.49) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track order book size, capacity expansion and the operating margin to judge future revenue.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Waaree Energies, Suzlon Energy and Premier Energies live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among green energy stocks, Waaree Energies stands out for the fastest profit growth, 164.26% a year since FY22, Suzlon Energy for the biggest five-year price gain at 502.74% and Premier Energies for the highest return on equity at 35.05%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing green energy stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Green_Energy_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Green Energy Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_green_energy_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best green energy stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Waaree Energies, Suzlon Energy and Premier Energies are the 3 names this list highlights, with market caps of Rs 72,488 crore, Rs 55,580 crore and Rs 41,991 crore respectively. Waaree Energies is notable for the fastest profit growth, 164.26% a year since FY22. Suzlon Energy stands out for the biggest five-year price gain at 502.74%. Premier Energies offers the highest return on equity at 35.05%. These are watchlist names for green energy stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Premier_Energies_a_good_stock_for_long-term_investors\"><\/span><strong>Is Premier Energies a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Premier Energies has a return on equity of 35.05%, a PE of 25.09 against an industry PE of 53.49 and a market cap of Rs 41,991 crore. FY26 revenue rose 20.65%, and June 2026 quarter net profit grew 53.33%. Long-term returns in green energy stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Waaree_Energies_become_a_multibagger_from_here\"><\/span><strong>Can Waaree Energies become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Waaree Energies has a market cap of Rs 72,488 crore. A multibagger outcome in green energy stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 164.26% a year since FY22, and FY26 revenue rose 83.52%. At a PE of 18.11 against an industry PE of 46.39, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\"><\/span><strong>What is the market cap of Waaree Energies, Suzlon Energy and Premier Energies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 15 October 2026, Waaree Energies has a market cap of Rs 72,488 crore, Suzlon Energy has a market cap of Rs 55,580 crore and Premier Energies has a market cap of Rs 41,991 crore. Waaree Energies is the largest of the group. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on green energy stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_green_energy_stocks\"><\/span><strong>What are the risks of investing in green energy stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are project timing, pricing and policy. Module prices and import duty changes can affect margins, and customer project delays can push deliveries out. Staggering purchases and following the order book helps manage these risks. Comparing each PE with growth gives a fuller picture than the PE alone.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Suzlon_Energy_trading_below_its_industry_PE\"><\/span><strong>Is Suzlon Energy trading below its industry PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Suzlon Energy trades at a PE of 17.65 against an industry PE of 46.39. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (FY26 revenue rose 53.20% and June 2026 quarter revenue grew 22.03%) and balance sheet strength before drawing a conclusion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Waaree_Energies_Suzlon_Energy_and_Premier_Energies\"><\/span><strong>How much do institutions hold in Waaree Energies, Suzlon Energy and Premier Energies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 12.65% of Waaree Energies (8.57% and 4.08%), 35.26% of Suzlon Energy (24.15% and 11.11%) and 26.00% of Premier Energies (7.12% and 18.88%). Rising institutional holding is a useful signal in green energy stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best green energy stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Waaree Energies, Suzlon Energy and Premier Energies are the 3 names this list highlights, with market caps of Rs 72,488 crore, Rs 55,580 crore and Rs 41,991 crore respectively. Waaree Energies is notable for the fastest profit growth, 164.26% a year since FY22. Suzlon Energy stands out for the biggest five-year price gain at 502.74%. Premier Energies offers the highest return on equity at 35.05%. 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