India is making significant strides toward clean energy with a strong focus on Green Hydrogen, a fuel that promises to revolutionise the energy landscape. Under the National Green Hydrogen Mission, India aims to become a global hub for Green Hydrogen production, utilisation, and export.

By 2030, the country targets at least 5 MMT (Million Metric Tonnes) of Green Hydrogen production per year, supported by an additional 125 GW of renewable energy capacity.

As the demand for Green Hydrogen grows, investors are increasingly eyeing companies poised to lead this transition. In this blog, we explore the best Green Hydrogen stocks in April 2025.

Best 10 Green Hydrogen Stocks in India in April 2025 – Based on 5Y CAGR

Note: The stocks mentioned above have been selected and sorted based on 5Y CAGR as of April 2, 2025.

Overview of Best 5 Green Hydrogen Stocks in India in April

1. Adani Power Ltd

Adani Power Limited, the thermal power arm of the Adani Group, is actively exploring cleaner energy alternatives to enhance sustainability. The company is working on blending biomass with coal to reduce carbon emissions.

On the financial front, Adani Power reported a 7.4% year-on-year (YoY) growth in net profit, reaching ₹2,940 crore in Q3 FY25. The company’s revenue also saw an upward trend, rising by 5.2% YoY to ₹13,671.2 crore in the same period.

Key Metrics:

• ROE: 56.77%
• ROCE: 31.72%

2. JSW Energy Ltd

In February 2025, JSW Neo Energy Ltd, a subsidiary of JSW Energy Ltd, received a Letter of Award (LoA) to develop a 6.5 ktpa green hydrogen production capacity under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.

JSW Energy’s Q3 FY25 financial results showed a 27% YoY decline in net profit, dropping to ₹168 crore. The dip was largely due to lower revenues from thermal and hydropower plants, even as the company’s total power generation rose by 10%.

Key Metrics:

• ROE: 8.67%
• ROCE: 8.36%

3. Adani Total Gas Ltd

Adani Total Gas Ltd (ATGL) is set to integrate green hydrogen with natural gas using advanced technologies, aiming to supply over 4,000 residential and commercial PNG customers during its pilot phase.

However, in Q3 FY25 (December 2024 quarter), ATGL reported a 19.4% decline in consolidated net profit, falling to ₹142.38 crore, despite a 12.6% rise in consolidated revenue to ₹1,400.88 crore. The decline was attributed to higher gas costs and a reduction in APM-priced domestic gas allocation, impacting overall profitability.

Key Metrics:

• ROE: 20.47%
• ROCE: 21.08%

4. Adani Green Energy Ltd

Adani Green Energy Limited (AGEL) is actively expanding its renewable energy portfolio, aligning with India’s green energy mission. The company is also exploring green hydrogen initiatives as part of its broader strategy to drive sustainable energy solutions and reduce carbon emissions.

Adani Green Energy Ltd (AGEL) reported a strong 85% increase in consolidated net profit, reaching ₹474 crore for the December quarter, driven by higher power supply revenues. This marks a significant jump from the ₹256 crore net profit recorded in the same period last year.

Key Metrics:

• ROE: 8.87%
• ROCE: 10.82%

5. NTPC Ltd

NTPC is advancing India’s green hydrogen goals with projects like the Kawas township hydrogen blending initiative and a 20 GW green hydrogen hub in Visakhapatnam. These efforts align with India’s renewable energy targets and aim to boost green fuel adoption.

In Q3 FY25, NTPC’s net profit grew by 3% to ₹4,711.4 crore, while its revenue from operations saw a 4.8% increase, reaching ₹41,352.3 crore.

Key Metrics:

• ROE: 13.17%
• ROCE: 10.63%

Top Green Hydrogen Stocks in India Sorted by Debt-to-Equity Ratio

Below is a list of key energy sector stocks, ranked based on their debt-to-equity ratio, which indicates their financial leverage and risk profile.

Note: The stocks mentioned above have been selected and sorted based on the debt-to-equity ratio as of April 2, 2025.

Best Green Hydrogen in India in April Sorted by Net Profit Margin

Net profit margin reflects a company’s ability to generate earnings relative to revenue, showcasing its cost management and operational efficiency.

Note: The stocks mentioned above have been selected and sorted based on net profit margin as of April 2, 2025.

Conclusion

These companies are not only investing in hydrogen production but also integrating it with renewable energy sources to drive efficiency and long-term growth.

While the sector holds immense potential, investors and stakeholders should stay informed about industry developments, policy changes, and financial performance before making any decisions.

As India moves closer to its 2030 Green Hydrogen production targets, the coming years will be crucial in shaping the country’s clean energy future.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Stock market volatility is a key factor that influences investor decisions, and in the NIFTY 50 index, some stocks exhibit greater price swings than others.

Volatility refers to the degree of variation in a stock’s price over time, often driven by market sentiment, earnings reports, economic changes, and global events.

Investors closely monitor high-volatility stocks as they offer both significant profit opportunities and increased risk. In this blog, we explore the most volatile stock in the NIFTY 50 as of April 2, 2025.

List of Top 10 Most Volatile Stocks in Nifty 50

The stocks listed below are among the most volatile in the NIFTY 50, based on their Beta values.

Note: The above list is as of April 2, 2025, and is subject to market fluctuations. The stocks are from the NIFTY 50 universe and are sorted by beta from highest to lowest.

Understanding Beta: A Key Measure of Stock Volatility

When identifying the most volatile stocks on the NSE, Beta serves as a key indicator. It reflects a stock’s volatility compared to the overall market.

A Beta greater than 1 indicates higher volatility than the market, making such stocks riskier. Therefore, Beta is a crucial factor when assessing stock price fluctuations.

Conclusion

Volatility is a critical factor for investors in the stock market, as it determines potential risks and rewards. In the NIFTY 50, stocks with high Beta values tend to experience greater price fluctuations, presenting both opportunities for profit and risks of loss.

While high-volatility stocks can be lucrative for short-term traders, they require careful analysis and risk management. Investors should consider their risk appetite, conduct thorough research, and diversify their portfolios to navigate market fluctuations effectively.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Vodafone Idea’s share price saw early gains, reaching an intraday high of ₹8.34, but the momentum was short-lived as the stock retraced its gains and traded flat at ₹8.09 by 11:30 AM. Opening at ₹8.31, the stock initially showed strength but later slipped, wiping out its earlier gains.

This reflects a cautious sentiment among investors despite the recent surge following the government’s increased stake in the company.

Government Increases Stake in Vodafone Idea

The Indian government has raised its stake in Vodafone Idea (Vi) to 48.99%, up from 22.6%, by converting ₹36,950 crore of outstanding spectrum dues into equity, as per reports yesterday.

This move is aimed at improving the telecom operator’s financial position and easing its statutory obligations. As a result, the shareholding of Vodafone Plc and the Aditya Birla Group has been reduced to 16.1% and 9.4%, respectively, though they will continue to hold operational control, as per the Economic Times report.

The conversion, the second of its kind after a similar step in February 2023, is expected to provide crucial liquidity support to Vi as it gears up for upcoming regulatory payments.

This development strengthens the company’s balance sheet, yet challenges remain as it works towards securing fresh funding and expanding its 4G and 5G infrastructure.

Is Vodafone Idea Now a Government-Owned Company?

Despite the Indian government increasing its stake in Vodafone Idea (Vi) to 48.99%, the telecom company has not become a government-owned entity. While the government’s shareholding has risen significantly through the conversion of spectrum dues into equity, operational control remains with the private promoters—Vodafone Plc and the Aditya Birla Group.

A company is typically classified as a government-owned entity when the government holds a majority stake (more than 50%) and actively controls management decisions.

In Vi’s case, while the government is the largest shareholder, it has not taken control of the company’s operations, meaning Vi remains a privately managed telecom player.

Conclusion

Vodafone Idea’s share price has experienced notable fluctuations following the government’s decision to increase its stake to 48.99%. While this move strengthens the company’s financial position by easing its debt burden, challenges remain in securing additional funding and advancing its 4G and 5G infrastructure.

Despite the government becoming the largest shareholder, Vi remains under private management, with Vodafone Plc and the Aditya Birla Group retaining operational control.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JSW Energy has successfully exceeded its FY25 target, reaching an installed generation capacity of 10.9 gigawatts (GW), surpassing the 10 GW goal set for the fiscal year. This milestone reflects the company’s strong expansion strategy and commitment to advancing India’s energy sector.

Capacity Expansion in FY25

During FY25, JSW Energy added a total of 3.6 GW to its operational portfolio. This growth was driven by:

• 1.3 GW from organic wind energy capacity additions
• 1.8 GW from the acquisition of KSK Mahanadi Power Ltd.

In the fourth quarter of the fiscal year, the company added an impressive 2.8 GW of operational capacity, further accelerating its growth momentum.

Commitment to Sustainable Energy Growth

JSW Energy remains committed to providing reliable, affordable, and sustainable power as it aims to achieve 20 GW installed capacity before 2030. The company is actively pursuing value-accretive growth opportunities while reinforcing its role in strengthening India’s energy security.

Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, emphasised that this accomplishment reinforces the company’s leadership in renewable energy and underlines its dedication to a sustainable energy future. 

With a focus on expanding clean and efficient power generation, JSW Energy continues to position itself at the forefront of India’s evolving energy landscape.

Share Price Performance

JSW Energy’s share price stood at ₹524.45, reflecting a modest 0.37% increase (+₹1.95) at 10:30 AM on the NSE. The stock opened at ₹528, reached a high of ₹532.65, and dipped to a low of ₹518 during early trading.

Conclusion

JSW Energy’s achievement of 10.9 GW installed capacity marks a significant milestone in its growth trajectory. With a clear vision and strategic expansion plans, the company is well on track to double its capacity and contribute to India’s clean energy goals by 2030. 

Investors and industry stakeholders will closely watch its progress as it continues to drive innovation in the power sector.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tata Consumer Products Limited saw a sharp rise in its share price, reaching ₹1,064.00, marking a 7.23% gain (+₹71.75) at 10:10 AM on the NSE, from its previous close of ₹992.25. The stock opened at ₹1,018.00, surged to a high of ₹1,073.15, and recorded a low of ₹1,015.00 during early trading.

Rising Market Confidence as Growth Outlook Improves

As per news reports, Strong earnings growth is expected over fiscals 2025-2027, supported by a strategic focus on innovation and expanding distribution networks. Additionally, the salt segment is seen as a key driver for market share expansion and premiumisation, further strengthening the company’s overall growth trajectory.

Q3 FY25 Financial Highlights

Tata Consumer Products posted a steady net profit of ₹279 crore in the third quarter of FY25, remaining unchanged from the same period last year. Meanwhile, the company’s revenue from operations saw a 17% year-on-year increase, reaching ₹4,444 crore during the quarter.

The consolidated EBITDA for the quarter stood at ₹578 crore, remaining unchanged year-on-year, as it was affected by rising tea costs in India.

Conclusion

Tata Consumer Products’ recent surge in share price reflects growing market confidence in its strong growth prospects. The company’s strategic focus on innovation, distribution expansion, and premiumisation is expected to drive sustained earnings growth in the coming years.

Despite rising tea costs impacting EBITDA, its steady net profit and robust revenue growth highlight operational resilience. As Tata Consumer continues to strengthen its market position, investors will closely watch its performance in the upcoming quarters.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

ICICI Bank has announced its decision to divest its 19% stake in ICICI Merchant Services Private Limited (IMSPL) through a share purchase agreement with First Data Holding I (Netherlands) B.V., First Data (India) Private Limited, and Fiserv Merchant Solutions Private Limited (formerly known as IMSPL).

Details of the Transaction

In a regulatory filing on Saturday, ICICI Bank confirmed that it has executed a share purchase agreement to facilitate the sale of its stake in IMSPL. The completion of necessary procedures and the transfer of shares will be communicated in due course.

The transaction is currently pending regulatory and statutory approvals and is expected to be completed by June 30, 2025.

This decision aligns with the bank’s strategy to streamline its investments and focus on core banking operations. In December 2024, ICICI Bank’s board had already approved the proposal to sell its 19% stake in IMSPL. Upon completion, IMSPL will no longer be classified as an associate entity of ICICI Bank.

Strategic Implications

The sale of ICICI Bank’s stake in IMSPL is expected to allow the bank to optimise its investment portfolio while enabling First Data Holding and Fiserv to strengthen their position in India’s growing merchant services sector.

Fiserv, a global financial technology provider, has been expanding its footprint in India, and this move could reinforce its presence in the digital payments and merchant acquiring business.

Share Price Performance

ICICI Bank’s share price stood at ₹1,337.90, reflecting a 1.48% increase (+₹19.45) at 9:45 AM on the NSE, from the previous close of ₹1,318.45. The stock opened at ₹1,322.15, touched a high of ₹1,337.95, and recorded a low of ₹1,322.15 during early trading.

Conclusion

ICICI Bank’s decision to divest its stake in ICICI Merchant Services marks a significant shift in its investment approach. With the regulatory approvals in progress, the transaction is anticipated to conclude by mid-2025, further shaping the landscape of India’s financial services sector. Investors and stakeholders will be keenly observing how this exit influences ICICI Bank’s broader growth strategy

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.