Green Stocks Dec 27: Gensol Stock Price Moves Up By 6.52%

The stock market presented a mixed picture for Indian renewable energy companies today. While seven green firms saw their stock prices rise, an equal number experienced declines.

The highest gain was recorded by Gensol Engineering, with a 6.52% increase in its stock price. This surge comes on the back of the company securing an EPC solar project order from NTPC REL for installations in Khavda, Gujarat.

Among other gainers, Indian solar glass maker Borosil Renewables posted a modest 0.30% increase, while KPI Green Energy saw a 0.72% uptick. Shakti Pumps, an Indore-based solar pump manufacturer, recorded a 0.26% rise.

Two more green stocks also posted gains: Premier Energies, up by 1.79%, and NTPC Green Energy, which climbed 3.82%. NTPC's stock performance was buoyed by the commissioning of a 37.5 MW solar project in Gujarat.