Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown

On the day of a slowdown of the market indices, affecting the stock prices of the majority of the green stocks, Shakti Pumps remained in high spirits. The Madhya Pradesh-based solar pump manufacturer recorded a 5 percent hike in the values of its stock today. This was the highest increase in stock prices of any green stock we analyse every day. This comes a few days ahead of its Q3 financial result announcements.

The only two companies that reported an increase in their stock prices included Waaree Energies which reported a 1 1.65% hike in their pries. It was followed by Sterling & Wilson which reported a 0.83% rise in its stock price. Most of the other companies became victims of the weak stock market today and reported a reduction in their stock prices.