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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

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Saur News Bureau
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Green Stocks

Green Stocks

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India's Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India's green energy stocks versus Chinese giants listed at US or Chinese stock exchanges is even more cold comfort, as stocks of storied firms like Jinko Solar and Longi dropped 8-12%.

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While it seems pointless to read anything much in the corrections today, what will worry investors is the space for a further drop, going by the initial collapse in prices we saw in the morning, before what has to be called a strong recovery pulled stocks back to their closing prices today. The situation remains fluid, but for stocks in our pack, a strong Q4 beckons for most, and the sooner those results come in, the better it is for them to hold up swooning prices. Not the right time to buy yet unfortunately, and probably a very poor time to sell if you have to.

Company NameClosing Price on April 7Change %
Borosil Renewables Ltd463.65-5.47%
Waaree Renewable Technologies Ltd844.95-5.37%
Sterling and Wilson Renewable Energy Ltd240.80-7.06%
KPI Green Energy Ltd385.15-5.78%
Shakti Pumps (INDIA) LTD899.75-5.00%
Acme Solar192.50-4.56%
SUZLON ENERGY LTD52.12-5.85%
Adani Green Ltd873.30-5.46%
Inox Wind140.88-8.43%
Alpex Solar Ltd582.40-6.13%
Premier Energies843.15-4.10%
Waaree Energies2,092.15-3.18%
TATA Power Ltd354.85-3.82%
NTPC Green94.82-1.93%
Suzlon Waaree Energies Adani Green Inox Wind Alpex Solar Green Stocks Markets on April 7 Indian markets Trump Impact
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