Advertisment

Green Stocks Dec 2- Win Big, To Live a Day For Green Stocks

Emmvee PV duly did that with a superb Q2 show, which helped it jack up to a level above its IPO price, while Sterling and Wilson  Renewable made two order win announcements in two days to see its stock price barely stay in the green.

author-image
SaurEnergy News Bureau
Green stocks

As the pressure continues to build on the markets and green stocks in general, the only way out for firms seems to be to deliver outstanding results or major order wins to stem the tide. Emmvee PV duly did that with a superb Q2 show, which helped it jack up to a level above its IPO price, while Sterling and Wilson  Renewable made two order win announcements in two days to see its stock price barely stay in the green. 

Advertisment

What this is showing us is a market that seems to have discounted most future growth out of many stocks in the green pack, with valuations that correspond to a growth level that would have been considered a drag a year back, 10-15% at most from a pack that has uniformly managed to deliver numbers well above 30-40% so far. So you can either believe in the wisdom of the markets, or the story from the past few years and the narrative ahead from the sector. We obviously tilt towards the latter.

Advertisment

List of Green Stocks

Company NameClosing Price on Nov 25Change %Year To Date

Acme Solar

222.90   -1.61%-4.01%

Adani Green

1,024.20     -1.48% -0.11%

Alpex Solar

1,085.00     -3.29%+32.28%

Borosil Renewables

567.00      +0.21%+1.81%

Inox Wind

133.45     +0.28%-25.42%

KPI Green Energy

433.00    +2.06%-21.92% 

NTPC Green

92.90    -2.04%-25.47%

Oswal Pumps

531.00   -0.52%- 

Premier Energies

963.00    -0.90%-28.06%
Shakti Pump652.40    -1.20%-37.9%
Solex Energy1,666.40    -2.25%+21.39%
Sterling and Wilson232.00    +1.10%-50%

Suzlon Energy

53.50    -0.41%-13.66%
Tata Power389.00    -0.19%-5.89%
Vikram Solar256.10    -0.79% -
Waaree Energies3,154.00    -0.81% +11.4%

Waaree Renewable Technologies 

1,054.90    +0.02%-21.44%
Emmvee Photovoltaic Power 238.29    +8.87%-
Pace Digitek210.85
-1.29%
-
Advertisment

Stock Market Green Stocks green stocks in India
Advertisment