Best Solar Stocks in October 2025: KP Energy, JSW Energy, and Others Based on 5-Year CAGR

India added a record 20.1 GW of renewable energy capacity between April and August 2025, a 123% jump from last year. Strong policy support and rising electricity demand are driving this growth. Despite execution challenges like land acquisition and PPA delays, renewable capacity addition is expected to exceed 35 GW in FY26.

Solar energy has emerged as one of the key focus areas for the Indian government. The industry is being supported by favourable module prices and a robust project pipeline of 142.8 GW. This growing momentum makes solar stocks an attractive opportunity for investors with a demat account in October 2025.

Best Solar Stocks in October 2025 Based on 5-Year CAGR

Read more: India Targets 1 Crore Rooftop Solar Homes by 2027; Solar Stocks in Focus.

Overview of the Best Solar Stocks in October 2025

K.P. Energy

Between early September and the end of the month in 2025, this stock traded within a range of ₹396.65 to ₹440, with daily movements reflecting both small gains and losses. The largest change recorded was around 5.17%, while most days saw relatively moderate fluctuations.

Key Metrics:

• EPS: ₹3.81
• Return on Equity: 46.46%

JSW Energy

In September 2025, this stock traded between ₹488.00 and ₹555.50, recording an overall price change of about 8.83% during the month. Most daily movements were moderate, with occasional increases above 2%, while some days saw slight declines.

Key Metrics:

• EPS: ₹4.26
• Return on Equity: 7.79%

KKV Agro Powers

In the period from June to September 2025, the stock exhibited a wide trading range between ₹476.09 and ₹667.27, with an average price of around ₹582. The stock experienced both upward and downward movements, with several days showing gains or losses of about 5%, reflecting notable volatility.

Key Metrics:

• Return on Equity: 7.64%

Adani Green Energy

In September 2025, Adani Green Energy’s share price moved within a range of ₹916.25 to ₹1,177.55, with an average around ₹999. The stock experienced both upward and downward movements, including a notable 12% rise on 22 September and declines of around 2–3% on some days.

Key Metrics:

• EPS: ₹4.26
• Return on Equity: 7.22%

Conclusion

India’s solar sector is growing rapidly, driven by strong government support and rising clean energy demand. Companies like K.P. Energy, JSW Energy, and Adani Green Energy stand out with solid growth and strong fundamentals. For investors, these stocks offer promising long-term potential as India expands its solar capacity and transitions toward a more sustainable 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.