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renewable energy stocks: A 5,800% renewables stock boom has some D-Street investors worried

SG Mart Ltd., a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021 — when Prime Minister Narendra Modi announced that India aimed to boost clean energy to more than two-thirds of overall capacity. Gensol Engineering Ltd. has rallied more than 3,200%, Zodiac Energy Ltd. 1,000% and Waaree Renewable Technologies Ltd. 1,800% in that same period.
Lara Hayim Aniket Shah Rajeev Thakkar Narendra Modi Nirmala Sitharaman Amit Doshi

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Biggest wealth creators of 2023: These 12 firms rallied over 1,000%; do you own any?

Data further showed that SG Mart, Remedium Lifecare, Taylormade Renewables, Pulsar International, Tine Agro, Jai Balaji Industries, Sheetal Diamonds and K&R Rail Engineering also climbed somewhere between 1,000 per cent and 2,000 per cent during the same period.
Industries On Head Of Fundamental Equity Research Pulsar International Jai Balaji Industries Taylormade Renewables Integrated Industries

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