Green Stocks On April 30- Heavyweights Rule

Green Stocks On April 30- Heavyweights Rule No Upward Mobility Of Indian Green Stocks Today

On a day when the overall market are flirting with all time highs, it was the turn of the green energy heavyweights, from Adani Green, to NTPC, to Tata Power and JSW Energy to flex their strength as they all moved up. However, other than Adani Green, the rest probably moved up on expectations of strong performance from their larger thermal divisions, as power demand remains buoyant with summer starting in earnest.

On the smaller cap stocks, Shakti Pumps continued to be in high demand, hitting the upper circuit for the 4th day running. By contrast, sentiments were the other way for last week’s tearaway stocks, Waaree Renewable Technologies and KPI Green, both of which were locked on the lower circuits.

Company name

Closing Price On April 29

Closing Price on April 30

Change %

Borosil Renewables Ltd 534.35 542.25 +1.48%
Waaree Renewable Technologies Ltd 1878.55 1972.45 +5.00%
Sterling and Wilson Renewable Energy Ltd 513.80 502.90 -2.12%
KPI Green Energy Ltd 1737.50 1776.00 +2.22%
SHAKTI PUMPS (INDIA) LTD 1462.10 1470.00 +0.54%
TATA POWER CO.LTD. 431.85 437.90 +1.40%
JSW Energy Ltd 615.95 615.00 -0.15%
SUZLON ENERGY LTD 42.22 42.12 -0.24%
Adani Green 1907.40 1887.85 -1.02%
Inox Wind Energy 5827.10 5998.00 +2.93%
SJVN 132.45 131.00 -1.09%

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