Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well

Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well On a day of further revival of green energy stocks after the recent slump, Indian solar cell maker Premier Energies remained at the top of the list.

On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out were EPC’s Gensol and KPI Green.

With the broader markets in uncharted territory, many of the green energy stocks actually have a lot of ground to recover, having risen to lifetime highs much before the markets caught on. Next week should be a fascinating indicator of the market’s next move, not to mention the search for the next trigger that will provide direction.

Will it be domestic or global? Our bet is on the latter, as domestic triggers have mostly played out, other than the quarterly results that will start pouring in later in October. Before that, there remains the risk of global events weighing in on the markets, and unfortunately, the likely of any positive push from there seems unlikely. Other than larger financing commitments for the Indian green energy market possibly.

Company Name

Closing Price On

September 19

Closing Price on

September 20

Change %

Borosil Renewables Ltd 498.05 499.50 +0.29%
Waaree Renewable Technologies Ltd 1719.05 1805.00 +5.00%
Sterling and Wilson Renewable Energy Ltd 688.25 720.50 +4.69%
KPI Green Energy Ltd 793.85 810.00 +2.03%
Shakti Pumps (INDIA) LTD 4055.20 4079.80 +0.61%
TATA POWER CO. LTD. 439.60 443.40 +0.86%
JSW Energy Ltd 742.85 783.00 +5.40%
SUZLON ENERGY LTD 80.97 83.58 +3.22%
Adani Green Ltd 1962.95 2,000.00  +1.89%
Inox Wind 241.53 259.60 +7.48%
SJVN Ltd 128.77 130.00 +0.96%
Gensol Engineering Ltd 876.60 870.00 -0.75 % 
Premier Energies 1,099.10 1,103.05 +0.36% 

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll