Green Stocks Feb 13- Friday The 13th Plays Out For Indian Stocks

In line with global cues, the Indian markets had a torrid day today, with investors facing the reality of falling markets after they thought the key issues holding them back had been resolved. And they should worry too, as fears of an AI-driven evaporation in jobs rise further. While the biggest impact is expected in the IT sector, other segments cannot stay unscathed, as the IT segment remains a strong demand driver for key segments of the consuming economy.

The green pack, which is a play on rising energy demand and the need to meet it with green energy, naturally did not escape the pressure today. Order wins or minor adjustments have saved the two or three stocks that managed to remain in the green, but bigger tests beckon.   Ironically, a successful transition to higher AI use will possibly increase energy demand.

The segment that has lost out the most in the green pack, the manufacturing group, faces its own unique set of challenges as the June 1 deadline for  ALCM looms. Those with inadequate cell capacity might even see a stagnation, or a shrinking of modules sold, till the time their capacities come up. Smaller players will be facing even larger challenges, as domestic cell capacity struggles to keep pace with demand. And then there will be the price pressure from a value-conscious market, where C&I demand in particular could pull back if prices cross a critical threshold. Interesting times indeed.

List of Green Stocks