Green Stocks July 8: Waaree Energies, Oswal Pumps Lead The Chart

Shares of India’s leading renewable energy companies witnessed mixed movement in trading on Monday, with several players recording modest gains while others ended in the red amid broader market consolidation. Investor sentiment appeared selective, favoring companies with robust growth or global expansion narratives. This came at a time when the market indices improved, pushing several firms towards higher stock prices,

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Oswal Pump and Waaree Energies emerged as the top gainers of the day. Shares of Oswal Pump surged by 5.32% to close at ₹739.00, while Waaree Energies rose by 5.14%, ending the day at ₹3,067.00. The upward movement in these stocks is likely buoyed by positive market expectations around upcoming green infrastructure projects and export-led demand.

Acme Solar and Premier Energies also delivered strong performances, gaining 1.72% and 1.40% respectively. Acme closed at ₹259.00 and Premier at ₹1,056.60. Suzlon Energy Ltd, a key player in wind energy, added 0.46%, closing at ₹66.18, while JSW Energy rose 0.89% to ₹514.20. Other modest gainers included Adani Green Ltd (+0.19%), Inox Wind (+0.39%), and NTPC Green (+0.21%).

The broader trend reflects market caution around valuation levels in the renewable sector, even as long-term fundamentals remain positive due to policy tailwinds and increased focus on clean energy transitions.

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