No , it can not !
Because white hydrogen is still at a very nascent stage of exploration… then comes extraction and post extraction cost is yet to be worked out.

Even if is explored at some places , it would be just like Natural Gas reserves or Crude petroleum reserves or Coal reserves.
Crude or natural gas or Coal is not found all over the world …it is limited to few nations and at few locations / sites and these reserves are not going to last forever

For example , our ONGC or Oil India are in to Oil & Gas exploration for the last 50 years. Still we are able to meet only 7-8 % of our requirement and that too these reserves are limited.

So, the requirement of green hydrogen as primary source of energy is so huge for decarbonising the planet earth , Power plants, Transport , Fertiliser plants , Refineries , Steel industry and finally cooking gas. Hydrogen from all possible sources all put together may not be able to meet the requirement.

one plus point with the Hreen Hydrogen is that it can be produced anywhere and everywhere. The only requirement is availability of Sunlight Wind & Water, which are plenty and will be available for man kind for ever.

However , Green hydrogen may have competition with Blue , white and the price of Green could come down and perhaps would be the cheapest going forward with the advent of technology.

You may have missed this post, which you may like to go through the write-up along with the 3 links that have been given in the post.

Kind of same pinch from my side. It has become a 5 bagger from initial purchase price and 3 bagger on my average holding price. Now it has become 25% of my total stock holding.
All the returns of future years are baked in for sure.
But one should know the recent meteoric rise in share price ( 2 continuous 5% UCs). We retail investors may be missing something.

I still think it has to do something with the Tata’s semiconductor business. Otherwise it’s very difficult to explain such rise in share price of a HOLDING company.

Though it has become 25% of my stock portfolio, still its less than 5% of my total net worth. So as of now I am not willing to sell it. But this thinking may change in future.

Just sharing my personal thoughts.

dr.vikas

https://twitter.com/shyamsek/status/1764825828716884430

Shyam Sir’s words, not mine.

https://twitter.com/shyamsek/status/1764875757598445646

In a latest interview in media promoter himself said he will be off loading some equity, but not less than 50%, presently he holds around 63%, In maximum cases of barring some nano caps whose market cap is less than 200 cr, pump and dump can be done by small operators, but a company like Gensol also …
ED operates on exact information, we all should be very careful while investing in company like this in future.

At the end of the day everyone is expected to do their own due diligence and not blindly follow anyone’s investment advice. @Worldlywiseinvestors provides an invaluable service to countless number of retail investors and much if it is free too. When we benefit we have no problem then why complain when there’s a draw down? At the end of the day you and only you are responsible for your investment decisions.

Ps: Invested in IIFL