GREEN STOCKS FOR ENVIRONMENTAL FRIENDLY COMPANIES

Now for some investors who feel strongly about eco-friendly business practices, here is an initiative to help them track the performance of Green-companies on Indian stock markets. Verdurous Solutions, a consultancy on ‘clean-tech’, have conceptualized broad-based green index initiatives. The 25-stock index incorporates firms from the renewable energy & energy-efficiency space besides the mainstream ‘old economy’ manufacturing companies. The criteria-firms must have demonstrated superior environmental performance compared to their industry peers. The index includes Suzlon energy, Hero Honda, Praj industries, Bajaj Hindustan & ITC.